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..
I know what you mean, buddy. In my opinion it is not necessary to sit to wait for the sea weather. Just see what happens to the coin. Look at the road map, the news background, ask the developers what they are planning in the near future. So you will understand whether to keep it or to sell at a small loss and go to a more interesting coin. The main thing is not to sell the whole cutlet. Use a maximum of 20% of the Deposit, and better than 15% So you will be able to diversify the risk and slowly accumulate capital.