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Topic: Today $150 loss from storm coin in binance , now what i will do? please help - page 6. (Read 933 times)

sr. member
Activity: 882
Merit: 254
Day trading should be with SOLID coins / tokens only so you don't get burned when the market " wanna " correct for some reason.
If this coin is solid enough & promising, then nothing to be afraid of, just keep holding it & like they say in crypto, you're not loosing unless you're selling.
newbie
Activity: 84
Merit: 0
When you buy altcon, you should know at what price you will sell. If you don't know it, don't buy it.
legendary
Activity: 2366
Merit: 1130
What's with the poll?  Cheesy

Looks like it has same answer and dunno what's "n" stands for? It might be "No".

i am beginner trader in binance. many  time i make profite from binance. i trade basicly iost, storm, ncash and some other small rate coin. but 2 days ago i buy storm coin 0.00000707 this rate. and now storm price 0.00000602. per coin 100 shatoshi loss. now i am so afraid. now i see many coin going dump. now what i will do? now i will do sell my storm or i will do hold storm. i request all senior trader  please help my subject.


Thanks
Sorry but your words are contradict. You said you have made profit many times, but now when one of your investment goes down (STORM) you have become afraid and don't know what to do. You should be know about this and make up your own decision (either to hold it or sell for loss).
Don't say "Loss" when you didn't sell your token yet.
hero member
Activity: 2086
Merit: 994
Cats on Mars
What's with the poll?  Cheesy


i want to hold more time. if i do hold can i make profite ?

Thanks
There's a high chance that you can make some profits, but you gotta be patient, you might have to wait for the next uptrend or altcoin cycle.

I'd recommend you to keep calm and hold for the time being, market is going down at the moment so no reason to panic dump Storm. Also, friendly advice: don't give in to emotions, if you do you're going to make some poor decisions.
full member
Activity: 644
Merit: 101
The price of Storm down because the price of BTC going up, actually in rate USD you not loss, in fundamental analysis Storm has massive potential to keep growth because they has amillion active user, we can see it from their mobile app that downloaded by amillion user. In technical analysis Storm has big chance to going up because this token was going to to highest level $0.2 a few month ago and could be this token will go there again, just need more patient wait for that.
newbie
Activity: 122
Merit: 0
i am beginner trader in binance. many  time i make profite from binance. i trade basicly iost, storm, ncash and some other small rate coin. but 2 days ago i buy storm coin 0.00000707 this rate. and now storm price 0.00000602. per coin 100 shatoshi loss. now i am so afraid. now i see many coin going dump. now what i will do? now i will do sell my storm or i will do hold storm. i request all senior trader  please help my subject.
Thanks
Are you referring to this coin? If you want, you can cut losses now by selling but that won't do you any good. You should continue holding it, IMO storm still have potential in it for growth(if you are referring to the coin in the link), Don't panic sell just yet. It is normal that a coin dumps once in a while, so get used to it if you are gonna continue trading.You can just sell it instantly though the moment you got decent profit out of it to relieve your fear.



no i don't want to reffer this link i just share my afraid for peace from senior trader. and

i want to hold more time. if i do hold can i make profite ?

Thanks
Ctn
sr. member
Activity: 644
Merit: 259
i am beginner trader in binance. many  time i make profite from binance. i trade basicly iost, storm, ncash and some other small rate coin. but 2 days ago i buy storm coin 0.00000707 this rate. and now storm price 0.00000602. per coin 100 shatoshi loss. now i am so afraid. now i see many coin going dump. now what i will do? now i will do sell my storm or i will do hold storm. i request all senior trader  please help my subject.


Thanks

This is what called as panic attack! What you suffering from is the situation which you must avoid now to stop your loss. I mean you might just think that you should sell all the storms that you have got but its wrong. You should not go that way and must hold your coins. I would suggest you to wait at least for weeks or so and thus you will see the storm rising too. I mean most of the coins are just getting little glitches and nothing else. 100 satoshi is not a big deal so you dont have to worry about it.
jr. member
Activity: 336
Merit: 5
Most Advanced Crypto Exchange on the Blockchain
Coins go up and down all the time. Never heard of storm so can't give any advice there. Take a look at the trading volumes and compare the number of buyers and sellers. If buy numbers are low then get out and switch to another coin. Also check the road map to see if there is anything that will raise the demand in the near future
full member
Activity: 476
Merit: 107
i am beginner trader in binance. many  time i make profite from binance. i trade basicly iost, storm, ncash and some other small rate coin. but 2 days ago i buy storm coin 0.00000707 this rate. and now storm price 0.00000602. per coin 100 shatoshi loss. now i am so afraid. now i see many coin going dump. now what i will do? now i will do sell my storm or i will do hold storm. i request all senior trader  please help my subject.
Thanks
Are you referring to this coin? If you want, you can cut losses now by selling but that won't do you any good. You should continue holding it, IMO storm still have potential in it for growth(if you are referring to the coin in the link), Don't panic sell just yet. It is normal that a coin dumps once in a while, so get used to it if you are gonna continue trading.You can just sell it instantly though the moment you got decent profit out of it to relieve your fear.
newbie
Activity: 122
Merit: 0
i am beginner trader in binance. many  time i make profite from binance. i trade basicly iost, storm, ncash and some other small rate coin. but 2 days ago i buy storm coin 0.00000707 this rate. and now storm price 0.00000602. per coin 100 shatoshi loss. now i am so afraid. now i see many coin going dump. now what i will do? now i will do sell my storm or i will do hold storm. i request all senior trader  please help my subject.


Thanks
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