I started selling. I was confused is it good to exit and buy low later.
My buying price was also good and investment not much.
I was in a loss of around 300$ almost
It started gaining i stopped. Selling and decided to wait for it to come back. I am in 300$ loss currently Total investment was 689$ all in spots currently.
What do you all say?
Why did you sell at the first place when you saw that you will be losing $300? Again, I am bit confused over here. What do you mean by "your buying price was good"? Did you mean you bought it when the price was very low? But then the price started dropping and you sold? If that is the case, then you should have known better. You know that the price is volatile and panic selling won't get you anywhere. Remember, as long as you don't sell, no matter how much the price drops, you don't make any loss.
I would say, if you are "able" to invest, then go ahead. When the price drops, keep holding. As long as you have spare money that you won't need even during you financial "crisis", then go ahead, invest!