Post
Topic
Board Speculation (Altcoins)
Re: I have 250 ETH, Hold or SELL?
by
ps
on 19/07/2018, 23:07:54 UTC
You have not specified the spot price of the cryptos you purchased. Anyway, we can do the following:

1- If your crypto’s market price is higher than the buying price, sell enough to recover the initial investment. Hold to the rest until you feel there is enough profit and you may sell or keep on holding.

2- If your crypto’s current trading price is barely below than the spot price, then hold and wait for it to peak. If this does not occur go to 3.

3- If the crypto plummets, buy more. Buy enough so that your average spot price is closer to the market price. By doing this you protect your investment by reducing the breach between the buying price and the market price. Once you become break even you may sell and recover all
you investment.

4- Use whichever of the two cryptos is doing better to cover for the one who is suffering more losses. Once you covered your losses go back to 1.
Goo