Im 80% bitcoin, 20% alts. Most of those 20% alts were bought with bitcoin when I thought the Satoshi level was low. Little did I know it would go A LOT lower. That 20% is Litecoin, Ethereum, Cardano and Ripple.
Since Ive seen their Satoshi prices cut in half...every day I think I should cut my losses.
But then I look at the charts and, especially Cardano, Im not sure how much lower it can go. Then again...who knows. It could go much further down from here.
that's happened with me in the past and i lost 2 BTC caused by that and im cutting loss all of my altcoin and i try to go even further by joining in the binance IEO and i can return it back again.
Cut loss is much better when you are thinking if you are still high.