Im working long hours everyday and dont have the time to study technical analysis..so what I did is I bought coins during bearish time .but when I check them back the value goes even dipper..what should be the best thing to do..apply a cutloss strategy or just leave them until the market goes bearish again?
buy more or increase your position to lower down your entry price. This strategy is also know as price averaging. But if you dont have enough funds and you think that market will still go lower and lower then it is much better to sell your position and buy again at the bottom or the price creates price reversal