I was always a huge Bitcoin person. Maybe owned a few Litecoin. Than 2017 came and I was into NEO, Ethereum, Cardano, etc. Im a HODLER not a trader.
I saw the value of my NEO drop from 1BTC ats peak to .25BTC now.
same with all my other altcoins. Some are worthless. Others still are worth .1 BTC. .2 BTC. This bothers me way more than the USD loss.
So Im thinking its time to start to face the facts and retain whatever satoshis are left by trading most of them back to Bitcoin.
Any thoughts on this? I bought 100 NEO at $14 saw it go to $200 than down to $8.
Im a Bitcoin guy at heart. And it kills me to see all the Satoshi losses.
The issue is that you applied the same strategy you were applying in bitcoin to altcoins, if I buy any altcoin I always have a price in my head that when reached will make me to get out of the market, just look at your investment in NEO you invested at the perfect time and you still got losses because you did not had an exit strategy, even if it was something as simple as if I double my money I will sell, you will be enjoying profits instead of losses.