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.
It is certainly one of the most common mistakes to date. There were a lot of people wrong when investing in the wrong way. You have never used stoploss because you think the halving event will go well.
never subjective anything. always put a stoploss because the prediction is never correct, it can go in the opposite direction.