Post
Topic
Board Trading Discussion
Re: What will you do when the market goes down? This is my advice
by
MFahad
on 03/04/2019, 03:40:34 UTC
I find that many people have a habit of holding ETH, BTC, altcoin for a long time and always hoping that it will rise again. If you are a trader, you will lose money for that. Set small target and sell them when you see profits. I only need 3-5% profit when trading.

If you see the market going down, stop loss before it's too late. You may lose 5-10% of the capital but when the market goes down you can buy more btc, eth when you hold btc, eth, altcoin.

Sell ​​all ETH, BTC into Stable Coin when the market goes down

I don't think it has any problem, if we hold ETH and bitcoin for a long time, these are basic coins of crypto and if we want to big profit from them, then we must need to hold them for a time.
As you said sell the ETH and bitcoin when market down, i also disagree with you, when market down then we sell them, we are doing double mistake. When market down just hold them, with a passage of time, definitely ETH and bitcoin give us triple or more than it profit. Now you could see the bitcoin price has started to go up.