So it happens to almost everyone who trades altcoin, but how do you deal with it and keep yourself patient and motivated?
When your portfolio, the alts you own all or most of them take a big dump?
Is it very easy to panic and sell for loss, but do you actually keep hope and have the patience to wait?
Most of the cases, I am not facing any downtime for my trading. Because I'm not dealing with altcoins in long term basis hence when I am facing losses with my altcoin trading, I just quit them at my stop loss levels. Similarly for my bitcoin trading, I am not at all finding any worries as I am always being ready to hold bitcoins for years.
The simple tactics I do follow is, I am not going for margin trading and investing into trading what are the amounts I'm having excess after my life's needs. Importantly I am not re-investing my profits but moving them into bitcoins in cold storage.