Post
Topic
Board Trading Discussion
Re: What will you do when the market goes down? This is my advice
by
semobo
on 11/04/2019, 18:22:57 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
Not everyone are ready to take risk so they just stick with holding rather than doing trading for increasing the capital amount.BUt when someone have enough skills and time to trade then they should be definitely have to day trade or short term trade.