Quote from: aliceHortrex on March 15, 2019, 09:27:12 PM

Quote from: tabas on March 15, 2019, 09:12:49 PM

Quote from: donaltrump8 on March 15, 2019, 08:58:50 PM

With this situation, cut losses is the worst decision because the price of market is low, if you cut losses that means you are cutting your hand.

Sometimes it's a good decision if you can't wait for that long to recover the coin that you have bought. This depends on your situation on how you are taking the patience into the next level. Like anyone else, bought some coins at the highest price and now it's more than 80% at loss. I don't have to cut loss because I've already lost that much and I'm not willing to take my money back with the very few left on it. I can't wait until it recovers because I believe in the market reversal.

The game in any market is based on patience and greed. Few people manage to wait for the lowest asset price.

And these people who have been buying at the bottom always wins and to those impatient investors, they fall to their own mistake.