I have more than 5 moneros stucked on my portfolio, i bought them all at $125 (0.015 btc a few days ago) and now the price of each one has dropped to $120 but the equivalent of bitcoin is 0.013 btc per monero.
I am losing a lot of money, i dont know what to do guys, should i sell now to cut that loss or just hold them for a while? i am not trying to get more USD value, i just want to have more bitcoins.
but this situation is stressing me a lot, i dont know what to do at the moment, i really trust in monero but maybe it is not a good moment to invest in altcoins.
I am losing a lot of money, i dont know what to do guys, should i sell now to cut that loss or just hold them for a while? i am not trying to get more USD value, i just want to have more bitcoins.
but this situation is stressing me a lot, i dont know what to do at the moment, i really trust in monero but maybe it is not a good moment to invest in altcoins.
My friend, a few words of advice:
1) If you can't stomach a mild drop from 0.015 to 0.013, please just cash out of crypto-currencies as soon as you are back in profit (which I believe you are already now since we are at 0.0158 at the time of me typing this). Crypto-currencies are not for you and you will have a much happier life with less stress if you just leave this thing all together.
2) Don't invest any amount you are not willing to write off entirely. Crypto-currencies is gambling except even riskier because no one knows what the odds of winning this game is. At least when you buy a lottery ticket or gamble at the casino you can calculate the theoretical odds of winning.
3)"i just want to have more bitcoins." This is your biggest mistake. The correct way to think is, "i just want to have more Monero." That is my sole motto in life and it has serve me well so far
.4) Also, never ever take any financial / trading advise from anyone in the Monero Speculation thread here. Including all the above advise I just typed - please disregard it. I am dead serious here - trust no one (especially on BitcoinTalk).
Ohh, you just had to say what I said only in a respectful manner! For shame (on me). Well said, I need to stop letting these type posts frustrate me. Lol
I bought some moneros with my free BTG, seemed like a logical trade at these prices
It is, If I had some (have no clue but it would have been on polo) then I would have done the same exact thing. I can't believe it isn't at zero yet, there is something weird going on with that scam that I'm not seeing.
Move it along then. I've got both my BTC and fiat ready, but it looks like we'll be hitting a 2 BN Market Cap first?
So 90 USD at 0.006 equates to $15K per bitcoin. How long do I need to wait for that to happen?
SoonTM