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?
If the price is still in a less promising condition stop in investing including appropriate measures to avoid the occurrence of losses because if a trader still insists on continuing investments it is likely that panic will continue to emerge and make them more difficult to earn profits.
No trader is silly enough to sell right now, price now a day is not sold worthy so people are holding they are not going to sell at any cost, I think we should also help people to understand the holding benefits specially to the traders as this way they will be able to earn more profit than any other investment, panic selling can cause a lot of problems for us, to have high rise in price.