BINANCE:XVGBTC   Verge / Bitcoin
Moving in triangle. Can break out resistance line up
Trade closed: stop reached: stop loss
Comment: TOuched resistance line

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Hi, can you update TA ? thx in advance
+1 Reply
Thank you
+1 Reply
update open trade please
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VIDAL01MX dogalkozmatik
@dogalkozmatik, yeap stop loss and sell

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Any update?
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Personally I think your stop order was too high, cryptos are not like normal stocks, they need a little bit more room because of the fluctuations.

The market is red everywhere, (but it is recovering), so it is not surprising to see such it break the down line.
+6 Reply
Coins are not currency or forex trading, only buy the amount you can hold until the coin gets to zero, thats what am doing with Verge, sticking with them till the very end.
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diogorh coinmoneyonline
@coinmoneyonline, that's a very bad strategy in my opinion. Yes holding sometimes pay off, but some coins go down to never recover for months. I was following this coin but would only buy if the coin rebounce from the triangle. It went through, so I didn't buy it.
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@diogorh, I sincerely get what you are trying to say but its more about the risk, if I decide to commit resources its an amount I am prepared to lose so I can as well wait it out, many bitcoin holders are millionaires today simply because they decided to hold on to their coin whether good or bad, not saying Verge is bitcoin in any way but just one news item could get this baby shooting for the moon again, could even be fake news.
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What the fuck do we do with eBoost?
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