TRON is in free fall, what are you going to do?
Catching a falling knife? No. Hope you can average the cost lower. No.
This is what I learned from early stock trading. As mentioned in my previous blog, when you get into a trading position, you should always plan for the worst, and apply stop-loss to protect your capital. Unless you have bottomless money supply, protect your capital should be the top on your list.
Yes, sometimes it does bounce back, but do you know at what price? Your capital is much better spent on a different trading idea.
Sad news for TRON.
Keep us updated for cryptocurrency news @larryc
Unfortunately it is real life, you can't win every single trade. A good trader is to know when to exit as well.
Hopefully by doing that you have the capital to enter into a better trade.
Scary looking chart ... where do you see it stopping?
If all my DOS were successfully stopping binance from accepting sell orders. Yeah the price will stop falling from here. Sorry bad joke. If I knew I will be the Oracle of Crypto.
Once bitten twice shy, given all the bad publicity to TRON's whitepaper and Github, I would think twice before investing this one again.
OMG! This is SUCH an AMAZING post! Thank you for sharing! I gave you a vote!!