Last 2 days I bought for about some cheap coins and it went down for about 5% or something and I decided to sell. And now, I am at full regret that all of those coins are now up for about 20%. My lesson for that is to be patient since the market was down for some day and it will always go back up.
LOL, man, 5% is nothing on cryptomarket. 20% is not big result too. You should make some order for fixing your profit (+25%,+50%,+100%) and forget about it.
True. 5% down is nothing if your are investing in crypto market that is the most volatile market among all other asset markets. I had invested in January month of this year 2018 and my portfolio currently is down more than 60%. Still I havent sold even a small part of my coins.
I am holding my coins past 3 months and will continue holding until I earn significant profit from them. Patience is all you need, cause you never know what you 5% loss will turn into 100% profit or even more. So just HODL.