Post
Topic
Board Altcoin Discussion
Re: Is Cardano a good investment?
by
Red-Apple
on 18/02/2018, 11:20:33 UTC
i bought a bunch it at $0.4 it yielded nicely but dropped in the past week. what would you recommend i'll do keep holding it or let it go with a small profit?

i won't tell you what to do NOW because i believe that wouldn't do you any good. what i will do is i will share my experience with you.

when you buy an altcoin like this and it "yields" a good profit you have to sell it. specially if that altcoin gave you that profit in a short time because that is a pump.
if you hesitated for any reason and didn't sell, you have to sell when you see the drop (past week as you say it has been dropping) which means while you are still in profit but lost the ATH.
if you wait any longer that means you just missed your whole opportunity and if you are repeating this same mistake then maybe trading is not for you.