RE: "No one man can make a market"

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"No one man can make a market"

in trading •  7 years ago  (edited)

Luc, relatively new trader but I have found your postings to be of great quality and value. Yet, I didn't listen to what I had learned and believe I made a newbie mistake. I was trading hvn a few days ago as it rocketed, making good money on trades. So far, so good. Here is the dilemma though - I bought in at what I thought the final drop would be, .00016 as well as .00013. In the day-or-so that followed, the coin has worsened and I believe I should "hodl", even if it is for a few days/weeks. What is your advice? Continuing to learn, "pinnacletrader"

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I had something similar happen with NEO which has been taking an absolute beating this month, so I did in fact take the 'loss' and decided to HODL, moving the coins out of the exchange and into the NEON wallet where they'll at least generate their dividends while I see where the coin ends up. Not an actual loss, but it is funds permanently removed from trading, so it stings a bit.

Hurts when you crack a base and don't stop cracking...