You have a long list of altcoin portfolio that have tanked down by 90% since you participated in the ICO. What was $5000 is now worth $500. You are at a loss of $4000 and there happen to be an upcoming token sale that is pretty hyped.
You are in desperate need to recover your losses and you plan to invest in that hyped token sale in hope that you can earn 5-10x. Would you:
1. Pump fresh fiat out of your pocket into the token sale or
2. Trade off the the altcoins you have for BTC/ETH and invest into that hyped token sale.
Share your thoughts.
Now I'm struggling to restore all the losses I've ever experienced. The situation in the last year of the cryptos currency was really alarming so I had to be patient not to get paid from crypto currencies. Now I work day and night to meet all my needs and make my losses worse. Now I expect payment from many bounty campaigns to get coins and later I will exchange them on eth or bitcoin. I am sure if I hold bitcoin or eth then I can get even bigger profits.
Yes, the year was, say, completely unprofitable, but, despite the losses, I continue to work and direct investments in the main coins, thanks to which I compensate losses, I also continue to trade,