I'm not going to make a new thread for the same exact topic, so I hope you don't mind if I ask a question as well.
I bought at $70, how low do you expect this crash to go? If I sell now, and it goes to $50, I can make more than I had before. If I sell now and it goes to $40, I can make a lot more than I had before.
Either way, I only bought $200 worth, so it doesn't matter much, but it's interesting to know what you guys think.
It might go lower, be-careful day trading, it might go down and down, and then you sell to buy more Bitcoin when it goes further down. Except that ends up being the real low and it starts to gradually rise again. $70 will be met again, might take a year max. (unless Bitcoin goes to zero never to return)
I'm trying to take a calculated risk. If I sell now, ya, I lost $40, but I have the chance to make more. If I wait, and it goes further down, I lost an impressive opportunity(of course, I could put more money in, but I'm trying not to do that. I want to buy bitcoin only with my initial investment and profits).
But...I guess I'll hold. It seems to be rising slightly anyway.