Post
Topic
Board Trading Discussion
Re: If you're ~15% in the red, is it crazy to sell?
by
rosepetals
on 08/12/2018, 08:51:03 UTC
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.. 


You can sell at 15% loss mate if thats what you think you need to do and want,theres nothing wrong with that.No one could ever predict when will be the market would go upward and sometimes there are really emotions that we cannot control but to gave up.Better invest on another coins that has a big chance to recover the loss.