Hi Luc. I'm a beginner in crypto trading and enjoying your videos, thank you very much. It would be interesting to know how some of your older trades were finalised. For instance, in this video you've been expecting a bounce of AMP to a base of around 0.00014 BTC. However, the bounce never happened and most of AMP coins you had bought and were going to but in this video should have been a loss for you (current price is 0.00004847). Having studied charts of other coins, I can see similar patterns: nice up-and-down charts and then things go south. Do you expect them to bounce back eventually (in quite a long run) or consider such trades as a loss?
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Thanks for the question. I cannot remember what I said in the video you are refering to, but I currently still hold AMP at an average price of around .00012ish and its now at .00004 .. While this is a losing trade, I don't take it off the books. Because it is an alt coin, I didnt put much money into that trade, and since it didnt bounce properly, I cannot buy more until it trades well (respects its bases) for atleast a month.. Looking at the present chart, I may start trading AMP again in a week or two, because it has been behaving. Im positive that when I start trading it again I will quickly make up for that bad trade and resume collecting free AMP coins.. Honestly I don't get a losing trade often, almost never, so it doesnt bother me much when I hold one, and it will resolve itself eventually..