So I've FOMO'd a tiny bit of BTC into Waves ICO, after reading their plans it all looked legit and worth a shot.
Now I probably have witnessed the worst communication/PR from any project with more than 1 mill in funding and I'm thinking about cutting my losses.
To be honest, the amount invested isn't that much (about .5% of my total portfolio).
What would you do, hold and wait? Or dump it..
Now I probably have witnessed the worst communication/PR from any project with more than 1 mill in funding and I'm thinking about cutting my losses.
To be honest, the amount invested isn't that much (about .5% of my total portfolio).
What would you do, hold and wait? Or dump it..
Here's the thing... In trading or investing, your aim for the long term is to preserve your bankroll , war chest, capital, funds or whatever you may call it. So with that in mind, it's almost always a good idea to cut your losses, save what you have left and be ready to pick a better spot then enter a trade again.
In your case with Waves, I think it would be a good idea to cut your losses for now rather than holding and risking that small loss into a big loss.
