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.
for me i will not invest if i dont have extra money . if your on loss its better to just keep holding the coin
if they have some good potential i will wait patiently maybe its just not the right time for it.
Holding is a simple strategy when you have coins with a good potential. But what better to do to recover losses in a short-term? It's also an important to decide how to save your capital without wasting too much time.