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!
I agree, why would you sell now? Only if you do not believe in the technology and it's future, but then why did you buy it in the first place. The fundamentals are still strong, despite the low prices. 99% of ICOs are on Ethereum and that will not change soon.