Bch currently sits at 0.12btc. I initially bought in to day trade, which it went up to my goal on the day. However I held it, I'm not good at taking long positions and I've lost about a third so far. I'm unsure whether to cut my losses or hold. Anyone with a technical analysis or an opinion on whether or not I should cut? Anyone in the same boat?
It is hard to recover if you see its chart for now and you may earn it back if you sell it now and spend it in other low price now before the price correction go back to normal. It is not worth to wait and hold, how long you will wait if you wait for that price. Sell it now and cut loss.