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Topic: Bitcoin loses 20% in an hour - page 2. (Read 526 times)

member
Activity: 62
Merit: 11
November 24, 2017, 11:24:57 AM
#6
I think it depends on the context, if there is no valid reason I keep them, if it's because of bad news I withdraw immediately.
member
Activity: 91
Merit: 10
November 24, 2017, 11:20:02 AM
#5
Stop using cheap drugs mate  Huh

...and then another 20% in the next hour.... after 2 hours we move below 5000 .... and still going down...passing 3000

At which point do you plan on bailing out?

Any rational investor has a stop-loss strategy. It can be different dependent on risk appetite, but is must be there if one is a rational investor.

As a matter of gauging risk-appetite, what is your stop-loss strategy?


mk4
legendary
Activity: 2786
Merit: 3845
Paldo.io 🤖
November 24, 2017, 11:18:49 AM
#4
No plans on getting out. I'm here for the technology mainly, not the profit. The profit I get from my crypto investments are only a plus. As long as bitcoin stays above $3000, I'm happy. Is it possible to drop to that price though? Definitely. All it takes is a huge banning or a huge FUD spree.
member
Activity: 133
Merit: 37
November 24, 2017, 11:17:01 AM
#3
...and then another 20% in the next hour.... after 2 hours we move below 5000 .... and still going down...passing 3000

At which point do you plan on bailing out?

Any rational investor has a stop-loss strategy. It can be different dependent on risk appetite, but is must be there if one is a rational investor.

As a matter of gauging risk-appetite, what is your stop-loss strategy?



Well.. it has already been 1 and half hours, then why are we still above 8k?
Please stop spreading fake news...
newbie
Activity: 30
Merit: 0
November 24, 2017, 11:12:56 AM
#2
Probably $5000. It's a completely arbitrary number though.

Still, at this point, it would take nothing short of a catastrophic event for bitcoin to drop that low. Don't hold your breath.
full member
Activity: 238
Merit: 109
November 24, 2017, 09:42:40 AM
#1
...and then another 20% in the next hour.... after 2 hours we move below 5000 .... and still going down...passing 3000

At which point do you plan on bailing out?

Any rational investor has a stop-loss strategy. It can be different dependent on risk appetite, but is must be there if one is a rational investor.

As a matter of gauging risk-appetite, what is your stop-loss strategy?

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