Quote from: ReiMomo on May 31, 2021, 09:37:33 PM

Quote from: imstillthebest on May 31, 2021, 08:46:10 PM

Quote from: andthereyou on May 20, 2021, 01:26:58 AM

Who did an exit strategy before the worst dip?

we do all created a exit strategy but not all imitated it properly because we don't expect the dip will come quick .
It's too late to exit once your caught out because you can surely lose if you plan to but we can save our self if we persist to hold till the market recovers and just a clarification ,
this is not the worst dip but worst dip but there are more worst dip back in the early days of crypto .

As long as you didn't execute sell there's no REKT or losses in your portfolio. Holding is the best when you saw that the market getting worst because it is still a number of coins but the difference is to have the lowest value compared to dollars.

Panic selling is the most common factor of sudden loss, because of fear, you will blindly accept that you have a REKT, the price will not go beyond zero and that is impossible. The nature of cryptocurrencies is the volatility price and it will obviously fluctuate with or without reason.

Unless if you do go with leverage or futures then say goodbye into your investment but i do agree into this line that as long you havent cast out that sell button then there would always be a break even chance
and this is how should people do look upon and not make out those direct sell decisions.

Lots had burned out their portfolio but if you do know on how to handle up your finances and also your emotion then it would really be just fine. Always take a lesson anytime you suffer losses
and always make some back testing or analyze on what happened.

Risk management is important in all matters and you should focused on that.