I am an alt coin trader.for some days i have been suffering from only loss.i am having a huge loss by trading in Mercatox and Bibox.now i have balance only 0.010 btc Please suggest me in which exchange i can trade on to recover my loss..please give me suggestion..
Hello there Cryptosjb. You suffered a loss because you couldn't hold the coin and you were very impatient. Always remember in trading crypto you never lose anything unless you sell it. All price increase and decrease in time unless you invested in tokens/coins that were pump and dump then you made the right choice, if you have traded like top altcoins then please do not sell and hold. My suggestion is go to Binance and trade the top volume altcoins there and maybe you can recover your losses. Good luck mate
This mentality that they have is very common with people to always claim they have lost certain percentage of fund when they see the value of their investment decline, and I wonder if they dont believe in the survival of the project which is why they already agree they have lost, otherwise,they will continue to see that their investment is still intact, and not matter how long it takes, they will recover it back and still make enough gain for the patience.
Most people that do panic sell when they see some declines caused it, imagine those that bought in the last ATH, if they had all panics sold, would some of them be expecting their investment back now? Moreover, I wonder why some people leave exchanges where they will have enough volume to be able to execute their trade on time to ones that has no volume, like the one op mentioned.