Post
Topic
Board Altcoin Discussion
Re: How do you manage your risks?
by
hovrah
on 31/03/2019, 11:22:49 UTC
I want to know how you relate the risks to profits?
In cryptocurrency the risk is always high because of volatility.  But with higher risk, we can get higher results.

What is the determining factor for you to sell or buy coins?
How many of you are trading short-term?
Once I got 20% profit or -15% loss then I'll sell the coin. I am trading short term but right now, I don't because the market is unstable and is still in bear.
Of course, I understand that the asset should be sold if you received minus 15%, but if the coin showed good growth and income was at least 20%, then what are your actions next? Should this coin be kept on or sold, earning on the price difference?