RE: Its hard to keep up with all these awesome trades

You are viewing a single comment's thread from:

Its hard to keep up with all these awesome trades

in trading •  7 years ago  (edited)

Hi Luc! Thanks for all that you share. I have a question again.
Cryptocurrency: AMP
Bought at: 0.00012 @ 07/07 with intention to sell at 0.000145

However, AMP dropped again and I didn't buy. Now that the new base is 0.00010, do i need to sell there and take a loss, or can I be confident it will reach back up to the first base but take some time? See coinigy pic below.

Thanks again Luck

https://www.coinigy.com/s/i/596508461c653/

trading
7 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    1 vote
    5
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!
    Sort Order:  
  • Trending
    • [-]
      ·  7 years ago 

    AMP got killed on this dive.. wow.. ok so you see the geen arrows are my buys.. and i havnt sold anything yet... except that first quick trade at the top.. Now the x x x s are gaps in the chart where the price didnt return to its base.. thats very rare, but it signifies a huge bounce coming.. thats why i didnt sell and kept buying.. but I am not in big, and this drop is due to the market as a whole droping, so im not too worried.. I wish i could give you more info, but i cant predict the future, i can only tell you what im doing,.. if you are feeling nervous, then you can sell at break even or for a small loss when you see a bounce, and just make it up on the next trade..

    [-]
      ·  7 years ago 

    Thanks again Luc! You inspire confidence

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      [-]
        ·  7 years ago 

      Shit! I just checked AMP today and saw that it didn't go according to plan :/
      What did u do with the position? Did you get out with a loss or you are still stuck with them?

      And my question is, do you think trading the big coins this kind of situation is less likely to happen? I mean if at the beggining I stick to the big market caps coins, and stay with your system, I have even less risk for something like AMP to happen, right?

      Forgive for my ignorance if it sounds stupid to you.

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      $0.00
        1 vote
        [-]
          ·  7 years ago 

        Oh, I traded out of AMP a long time ago.. There was only one spot that it surprised me with less of a bounce than expected.. But every panic drop since has been great trading.. Anyway it has been a while since I traded it, but I will likely trade it again ..

        Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

        • Disagreement on rewards
        • Fraud or plagiarism
        • Hate speech or trolling
        • Miscategorized content or spam

        Submit
        $0.00
          7 votes
          [-]
            ·  7 years ago 

          And does your system work better the bigger the coin and community behind is?

          Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

          • Disagreement on rewards
          • Fraud or plagiarism
          • Hate speech or trolling
          • Miscategorized content or spam

          Submit
          $0.00