This has come to my understanding how people are tracking the price of alt coins of their interest with the value and speculations of bitcoin. He also complained how he had lost about $9,000 at the course of the bitcoin market.
Trading is not a child's play, this is where we have to use various indicators to affirm our speculations, we also must know the difference between different markets and the seasons at which they perform less and much, this is why after bitcoin will can consider any other cryptocurrency as an alternative, but when you are trading you need to consider all of this as part of your speculation in order to know the bearing at which the market is taken
Trading has never been a child's play, but one funny thing about it is that every child in the industry have tested it or would like to test it until they discover that it is not a child's play.
Every newbie had thought that trading is their short cut to getting rich, but when the market test their preparedness, their patience and their financial management ideas, they'll fail. Trading is more of emotional thing than a technical and fundamental thing. If you don't have strong emotions and don't know how to control them, you'll never succeed trading.
In Op that choose holding, it is not also easy there. This industry needs strong minds and strong hands.
