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..
well, that's a good decision, but consider it. because 15% is a pretty big number and you made a mistake because you did not order a stop loss. holding at the moment is not positive because we are not seeing any positive signs. Selling and trading will be better.
When you decide to sell the number of altcoins you are holding, make sure not to repeat that mistake again. You may not have anything left in your pocket.