Quote from: TopT3ns on Today at 11:55:36 PM

Quote from: Kongxx on January 12, 2021, 02:53:05 AM

Are people really willing to buy from you when the price of the altcoin plumbs so rapidly that people may see the risk of crash and that you fail to sell off your coins and finally have a large amount of stagnant coins in your acc?

when trading we are all at risk of being trapped at high prices because maybe the price collapses and we as traders should have overcome that, if we use a lot of money, it is very difficult to sell it in the right position because alternative coin price movements are difficult to predict, therefore you have to make your own calculations to take profit by making a sell order from a distance of 30% to 100% or more, so if the price goes up you are not too late to sell it.

Neither you do decide if you do just simply hold or would just panic sell or cut loss.Everything about this will depend on someones decision if he can afford to lose a said position or
would just decide to hold and wait up for recovery.

This had been a common problem since we are dealing with a very unpredictable market.You should be wise and having that kind of intuitive or instincts on when to sell out and when
to get in into the market.

Instead of stressing out yourself then its better to see Plan A's and B's or even C's in any possible circumstances that you would face off.