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.
Well you're right about "
Im not sure how much lower it can go " and yeah who knows about the price fluctuation.
But the thing is, when did you buy the coins? If you cut your loss how much will you lose? What's your profit limit?
You should be calculate this things, especially the loss and profit. If you want to get profit from these coins, you should calculate the limit
and estimate whenever the limit is reached. Hope you find profit on those coin and good luck bro
While that is true all of those factors should be known before you even invest in a coin, whenever I invest money in a coin I know how much I can let the market move against me before I decide to sell, it is painful to sell and to get less bitcoin in return but by adhering strictly to my strategy has saved me from losing so much money that it does not matter how unhappy I could be about losing money I always know that it could be way worse.