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Author Topic: What is your planning between market up and down?  (Read 148 times)
googs84
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June 16, 2018, 06:12:16 PM
 #21

As you know the market status at this time,i want to know about what are your planning?
Because i saw many people converted their altcoins into USD at low rate and some are selling because day by day btc going down.

Converting the crypto currency to the USD is always good thing to do so that you can not loose more % on your original your investment. Thats your precautionary step but selling them at too low rate is also not advisable either! Always sell if you think investment is going to be dumped below 20% from the break even point of your investment.

However, if the selling is already done then surely you can go ahead and make investment again if the crypto falls even below that rate. That is obviously your profitable investment for the future.

 
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chickenado
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June 16, 2018, 06:14:08 PM
 #22

As you know the market status at this time,i want to know about what are your planning?
Because i saw many people converted their altcoins into USD at low rate and some are selling because day by day btc going down.
I just keep my spirit up and have faith and i plan to perservere at the end i invested money that i am willing to gamble at and i have i hopes and belief in bitcoin. I am holding.
dupee419
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June 16, 2018, 06:15:43 PM
 #23

So this is actually a common strategy based on whether the market is up or the market is down, if the market is down it is the best time to go buy some and probably make some trades and investments or you can actually wait until the market goes green, and if the the market is up it is the best time to sell your hodlings.
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