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.
You can make a bad decision in desperation. but if you are 100% sure that this can recover your past losses you can implement any of the two or both but like what I'm saying invest only what you can afford to lose, you will be very disappointed and frustrated because you are making plans out of desperation.