Hey,
I didn't act on the recent crash,,, i had bought at about 230$ markets currently just above 200$
I know the right idea is likely to hold, as the market will go up eventually.. but i predict in the intermediate term it'll go down further.
I guess this is where the psychology of trading comes into play.. I'm in regret and want to sell at a 15% loss in order to have a chance of making the 15% back and then be able to continue trading as i was before the recent dip.
When you're 'marooned' with coins that are worth less than you bought them is the right idea; always to hold?
I just want to practise trading further... and have no spare capital to do so..
Are we talking about ethereum here?Or this is the capital you invested in cryptocurrency?
But either both ,theres no ashame in selling even if the amount drops to 50%
Because this is your option.and we must respect and cutting losses is another strategy most traders use for another buy off when the market shines again