Right now - its not very good.
Do you think I should try and resell them? Try and mitigate my losses for the time being and reattempt in a few days? Or should I just ride it out and see what I can make in the future?
lol, this is what is causing the panic.
Shit, I bought at 250, I better sell at 120 before they become worthless.
Then you get scared when it gets back to 200, so you buy again.
Then it drops to 80 so you sell once more.
Then it breaks 100, so you buy at 105.
Now it's 70, so you sell them again.
A fool and his money are soon parted.
Despite multiple DDoS attacks to the exchanges and following a major crash (THE major [1st ever] crash) - it's been remarkably stable past 1/2 day.
ROFL, the 1st ever crash, major crash? You guys are funny. Looking at a two week period, I hardly call going from 85 to 70 a major crash. If you look at it on a per hour basis, yeah, going from 200 plus into the 100's sure is scary.
This is what I am trying to avoid, I don't want to fall over myself making irrational decisions with my investments.
In your position, would you have bought BTC for that price? Or would you have potentially waited longer before buying?