Post
Topic
Board Trading Discussion
Re: How to handle tough times in cryptocurrency?
by
WatchMaker
on 06/01/2019, 22:41:15 UTC
We are indeed the tough times of trading or investment in cryptocurrency. After the ATH of Bitcoin last year, we are now at the stalemate at 10K USD mark for almost 2 weeks and no sign of going up. I was thinking to hold for as long as I can since I believe in crypto.

If you’re at the losing position what is the best thing to do?

The first thing to do when the market is going down is to cash out your money 💰. Whenever you noticed the market is unstable the first to do is cash out all your money to cut loses. If you don't cash out in time you'll end up losing lots of the money while all the market smart cash out their money.