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
If you didn't planning to hold your coins for long time period, you should sell your coin when it dropped more than 20%.
Cutting loss is necessary if you are not a long time holder. Now ETH price is around $100, you will need long time to hold if you want to keep holding until it hit your buying price. Cutting loss now is too late, your ETH has dropped from $600 to $100, better keep holding for long.