Post
Topic
Board Speculation (Altcoins)
Re: Cut loss or hold ? Some advice please!
by
fearcoka
on 11/11/2017, 17:08:35 UTC
I bought 1st blood for two months now i bought it when it was .00013 now its just .00004  Sad ... should i still hold ot cut my loss?
It depends if you do not think the project has any merits or that it cannot give you the possibility to get your money back then you should sell and move on to invest in other coins, but if you think that a project has a future then keep holding, my biggest investment has been down for almost 3 months and I have lost 50% of my investment but I believe in the project since I know is good so I’m going to keep holding for some time.
Haha, I'm still holding my atlcoins and tokens although the price of them dumped ~500%-1000% within 5 months. But to be honest, I do not recommend you should to holding your loss coin as me, because you will miss many opportunities make money and take profits more than the amount you take loss.