Post
Topic
Board Altcoin Discussion
Re: What would you do to recover your losses?
by
WAYToken
on 24/03/2019, 18:14:07 UTC
My position is this:
- the crypto market is very young, a global long-term trend is growing, and we are still waiting for more than one or two ascents and even a flight to the moon
- on a growing trend, a loss occurs only when you have fixed it. This is true in a panic sale or death of the asset (if the coin turned out to be a Scam), but if the coin lives and the developers do not give up - on the next rise of the market, even the outsiders who continued to develop, will show strong growth. And even they do not need to reach the last peak (but they will reach it and go further), so you repel your loss - enough to buy now as many coins as were bought at higher prices to average the price become twice less (bought 10 coins for $ 10, and then bought 10 coins for a dollar, in the end you have 20 coins for $ 11 - that is, for 55% of the peak price, and if you buy another 10, the price of all the coins for you will be about 30% of the peak). And Yes, this is true only for live projects, the development of which continues the team, no matter what.