Post
Topic
Board Trading Discussion
Re: What should i do when holding a bad ico coin
by
anthonydav
on 28/05/2018, 11:00:07 UTC
I joined an ico in january 2018 and it was a bad ico. The price of this ico is 1/6 of the ico price and i lost about 3000$ if i sell now. Someone can tell me what should i do? Sell or countinue Holding?  Embarrassed Embarrassed Embarrassed
For such ICOs, I think the opportunity for prices to return is quite difficult. If I have such a case, I think I should sell to earn a certain amount of money that I can get, or if I still have someone who wants to buy the crypto.
He didn't mention what is the % of his loss. 3000$ can be 90% of his investment or just 10%, we don't know that.
If his loss is more than 75% of his investment then it's better to gamble and hodl. If his loss is less than 50% then he should sell and save at least some of the money.