Post
Topic
Board Altcoin Discussion
Re: How to escape loss as an altcoin trader
by
gundala
on 07/04/2020, 23:06:35 UTC
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If you are passionate about hodling bitcoin, always convert to usdt or other stable coins and be patient for a fair entry point. Because the market isn't running away
What do you think everyone ? is there a better pattern that can be practiced?
I am open to more suggestions.
Every trader has their own strategy. Nobody wants a loss, it's just a risk. I have a friend who prefers saving profits during trading in BTC, he said: for long-term investment. He doesn't care when it dumps, he just holds, be patient, and sells it when it's up again. Of course, he didn't put all his profits there, because I also knew he had a small business.
For me, preferring to immediately take the profit into fresh money, I save in a bank account. That's a safe way, my version. Yes, everyone has their own way, we cannot force it, because surely the decision has been considered and adjusted to their needs. There is nothing wrong, with a record of understanding this ecosystem well.