Post
Topic
Board Altcoin Discussion
Re: What to do when price is dump??
by
chip1994
on 12/05/2020, 09:33:24 UTC
The basic solution in times as this for traders is to Hold their/your capital in fiat or stable coin then wait patiently, then you get into the trade after there has been few more rekts or tokens has reached the bottom.


What do you think? Is it a smart move at this time?
sounds easy but we don't know where the bottom price will be. we should only confirm the desired level of profit to buy the appropriate prices and hold. I have missed many good opportunities too many times because I thought of waiting for "bottom prices". Investment and business are both risky games, we need to know how to divide capital to invest and hold in the long term to have good results. or the strategy to buy BTC whenever bitcoin drops around 8-10% of the price, which is also a good strategy.