Post
Topic
Board Altcoin Discussion
Re: How to escape loss as an altcoin trader
by
rodskee
on 22/04/2020, 06:46:43 UTC
I want to assume that there are few people, who make several profits from trading altcoins, but sell their profit to bitcoin, and then over time while holding bitcoin, it dumps and their profits dips alongside bitcoin.

Why not do it this way ?
Since you trade mostly in altcoins, as soon as your make your profits, sell them to stable coins or fiats, close that trade chapter.

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.
You don't understand why People choose Bitcoin to Hold compared to stable coins or fiat,Because most Of Us(Including me)
 are trying to make profit sometimes in Trading altcoins but converter to Bitcoin after because we trust the number Currency
and we have seen how this grows over the years and we are very certain that even if it dumps tomorrow Pump will
follow so that is why we are very consistent in our Holding though we also have some Good altcoins as diversifying is safer way to have Holdings here.