Post
Topic
Board Altcoin Discussion
Re: Cut losses
by
aggress0r
on 26/08/2018, 17:18:30 UTC
OK so I bought ETH a while back when it was 600 dollars.

Now that ETH is 275 is it a good move to sell my ETH and buy back in? Wouldnt profit be faster when market picks up like that or not?

Please help me understand
Selling right now is a wrong move, the ETH maybe go lower but it will return. ETH is a kind of an asset that will grow, you bought it at the not so high price, somebody bought it at $1000 and continue to hold.
Selling now won't give you possibility to buy back enough - the losses are huge to my mind. You better hold!