bought geocoin at 2.69 but now its 1.62

why its getting down day by day >_<
If you can, hold and wait. It'll get pumped again as soon as the whales manipulating the price decide they've bought back as much GEO as they can from impatient bag holders.
Make sure you setup your sells to happen automatically, and don't hold out for insane profits, just make some coin and get out. When the dump comes it will be swift and brutal.