Hi @jammer2k I have a strict 10% stoploss for all my investments and my upcoming altcoin purchases will be no different. Sometimes you get your timing wrong and it doesn't work out but instead of letting that loss increase get the money out and invest it in something that's going up. Being able to let go and not get emotional about your trades will help you execute better. Nice post and good luck.
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Thanks @dukexox So you have open positions with 10 % stoploss? where do you trade? Bittrex just buying altcoins? I guess there is no option for margin trading.
Yes @jammer2k that's the idea once I get going in the altcoin space. It's a strategy that has always worked well on the stock market. This however is a different beast, you don't want to be holding on an exchange so I guess buy with a stop loss and if it pulls clear by say 20% pull the coins out and put them in a hardware wallet for a later time. Something like that