Quote from: mk4 on Today at 02:41:26 PM

It depends on some of factors.

1. Are you actually day trading? or making a short term trade?
2. Why did you buy that coin in the first place?
3. If you bought a certain coin at a higher price and the price lowers then you sell, well, that's automatically a loss. Sure, you can buy when it dips, but what if it dips lower? The point is, we can't guarantee where the prices will go.

Ultimately, if you're new to trading, prepare to initially have LOTS of losses. If you're not willing to do a lot of reading and research and if you're not willing to risk your money at the start of your trading journey as it's almost guarantee for you to lose money in the beginning, then maybe think twice with your plans.

Not to discourage you though, just to keep things realistic, and so you wouldn't be surprised if you aren't doing well at the start.

P.S. Most traders lose money.

I initially started trading in late 2018 and put a couple hundred into Bitoin and some Alts. I then let the chips fall where they may and didn't look back into Crypto up until a few months ago. I currently still hold some Neo and Bitcoin. I chose Neo because I like their roadmap and think they can be something in the future. Even though I am not BRAND new, there is still a lot for me to learn regarding day trading which I have only attempted a few times and, as you say, have lost plenty. I don't have too much left in crypto so I am very comfortable trading at this point as even if I lose it all it's not a huge deal for me.