Hello dear members.
I have bought some Yoda and Alisa coins in Yobit. I saw they were rising and anyone suggested buying them.
Since I bought them, they are just going down and I have lost 60% of my money in them until now.
What do you recommend me to do next? I am very patient but do you think holding them a little longer can compensate my losses?
I only want to get my capital back even if it is done with zero profit.
I don't know who suggested you to buy, but in my opinion this is bad advice.
Holding this coin for longer will not be able to compensate for your loss.
Selling immediately when you still have 40%, this is the best choice.
Don't be hold of a shit coin...
Since those coins are only available at Yobit most likely he received the recommendation from people in the chat box of that exchange and the losses that he is suffering should be a lesson to all of us, investing in a coin without knowing anything about it always have consequences like this, and this is made worse if you do not really have any strategy to stop your losses, you should never risk more than 1% on each trade and the OP has already lost 60%, a catastrophic loss from which it is impossible to recover.