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?
Your first mistake was buying BCash. Why would you do that? As a Legendary member, I assume that you had a decent amount of Bitcoin, which means you received a decent amount of BCash. Well you should have dumped that when the situation was right, get your profits and leave. I don't understand why anyone would gamble by buying BCash, a coin that is a mess since day 1 and is mined by someone that we don't even know (possibly Craig Wright) which owns more than 50% of the hashrate. Why do this to yourself?
Never lose Bitcoin with shitcoin trading. I guess hold until there's a pump and then dump it, or just take what you have already and forget about it.