Hello, I did a mistake during the high pump of bitcoin cash few days ago and I bought bitcoin cash for 1800$. Since I'm blocked on it because I don't want to do a loss by selling under 1800$...
My initial plan was to invest in differents altcoins... I think it is a good example of emotional trade
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Do you think it's a better idea to go out now or in few days when there will be a little pump OR to hold Bitcoin cash for a long period and forget my invest in others altcoins for the moment ?
My initial plan was to invest in differents altcoins... I think it is a good example of emotional trade
.Do you think it's a better idea to go out now or in few days when there will be a little pump OR to hold Bitcoin cash for a long period and forget my invest in others altcoins for the moment ?
Well it's good that you noticed your mistake at least and hopefully in future you can learn from it. Right now I'm not really sure where the price is going, I feel like its at its mid point and it could go either way from here. Probably I'd sell but it's always harder to sell at a loss even if it's the right call.