Post
Topic
Board Altcoin Discussion
Re: What to do when price is dump??
by
jajorforce
on 24/06/2020, 23:58:56 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?
You should hold your fiat currency or stable coin until proper time comes. Market corrections will always take such a long time to recover. When the Ethereum price was 80-90 USD, that was the proper time to invest. You should know this process because you changed your crypto to stable coin before market dump. You should keep trading or you should hold your cryptocurrency. After your research, you bought cryptocurrency, so there is an option to accept losses.