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?
For me, bearish time or lets say market correction is the perfect time for me to buy long term coins. I don't often trade when there is market correction but instead, I'm accumulating more so that when it goes deeper, I have no regret since I am holding it for the long term. I don't think you need to apply a cutloss strategy unless you already set one. Better to do hold some it when you are trading.
Change your "dipper" into "deeper" because the 2 words have very different meanings.