Today $150 loss from storm coin in binance , now what i will do? please help

[berrygood]

I think the loss is very little, many people have lost thousand of dollars since the january, if you can't make it rise you can't do anything for me. Just wait

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[johnwest]

Holding them for some time may give you back your investments. Though it is not easy, it is highly recommended. Another suggestion would be, dont trade if you cant bear the loss.

[bezygly]

i am beginner trader in binance. many  time i make profite from binance. i trade basicly iost, storm, ncash and some other small rate coin. but 2 days ago i buy storm coin 0.00000707 this rate. and now storm price 0.00000602. per coin 100 shatoshi loss. now i am so afraid. now i see many coin going dump. now what i will do? now i will do sell my storm or i will do hold storm. i request all senior trader  please help my subject.


Thanks

Until you stepped out of the asset, you did not lose anything! But, I think you will soon lose most of your money, because at the first loss you run to the forum and ask for help, so you're a hamster in trade, and we all know what they go through when they sink into the crypto currency without knowledge of technical and fundamental analysis.

[anume123]

We must accept when we lose in trading because we are really lucky to beat us when the price falls with the experience.

[weeks65]

i am beginner trader in binance. many  time i make profite from binance. i trade basicly iost, storm, ncash and some other small rate coin. but 2 days ago i buy storm coin 0.00000707 this rate. and now storm price 0.00000602. per coin 100 shatoshi loss. now i am so afraid. now i see many coin going dump. now what i will do? now i will do sell my storm or i will do hold storm. i request all senior trader  please help my subject.


Thanks

I think that at this point you should only invest in bitcoin and should not invest in altcoin, you can see that bitcoin prices are constantly fluctuating and adjusting very strongly, the market is in a bearish long Because altcoin prices are falling sharply, so with no market, I believe you should not invest in altcoin and invest only in bitcoin.

[Cryptokarl]

Actually, the market is in downtrend and most tokens with great projects are dipping. Trying to trade in these times is very risky as the tokens you bought have a big chance of going down. You should in my opinion hold your coin if you truely believe in the coin.

[KGBx]

Well, such things usually happen with traders. Just be ready to compensate such losses with other better trades, that's the only thing a trader can actually do. Now you'd better hold storm because it will probably grow in nearest months.

[enawati]

Storm token was back to bottomed price, and in the long run this token has possibility to going up more because they has live product. We have to patient wait for bull market. If this token going up back to the highest price we can make profit 20 times.

[karungbitcoin]

Before trading make sure you have risk management , how to reduce the risk by use stop loss, Binance have stop limit feature and you can use it for stop loss. And after you cut loss it, you can buy others coin that look will going up. All crypto too high volatilitas , so you should be use stop loss whenever make trade.

[angel55]

I think the loss is very little, many people have lost thousand of dollars since the january, if you can't make it rise you can't do anything for me. Just wait

Thousands of dollars is still a small amount, people have lost millions in the crypto crash.  Hell, even being a millionaire these days isn't much of an accomplishment.  To be truly wealthy and powerful in todays world you need to be a billionaire.