I bought 79 coins at $30.7 like a dummy... Anyway I'm down quite a large amount. I'm not hoping to sell and take the loss, but I may if things don't look up.
I am hoping if anybody can give their insight as to whether or not NEO may bounce back.
I was thinking it would bounce back to at least $28 range if China brings out good news this week, but no sign of that as of now.
Any opinions?
Well, the top was $48, it could have been way worse. One of the reasons I never buy during pumps is to not end up bagholding for months to years, and this may be your fate now if you don't want to sell at a loss.
It takes extreme patience. You must hope that NEO keeps developing and keeps landing good deals.
I think with these type of coins, your best bet is that they get a big brand involved, because that tends to pump nicely.