Quote from: ilovealtcoins on Today at 03:22:15 AM

Quote from: kensaii on June 17, 2022, 06:40:46 PM

I would hodl on but only at 50% of my initial investment in cryptocurrencies. Yes, even if it means a loss, we should cut loss right instead of stubbornly hodl 100% of our bag, I think. Cause it going to be lower in this bear market time so I rather have back some of my investment to buy the dip rather than lock out from any chance of opportunities.

if you cut your loss and the price doesn't keep falling then you have to regret it. if you are holding bitcoin or eth then i think stop loss is not necessary. The market has dropped to 80% 90% of the value at this point the cut loss order is no longer meaningful so if you still have enough faith in bitcoin instead of the cut loss then DCA will be able to recover quickly.

Cut loss doesn't mean anything when a bear market is like this because the more we take a higher position, the more we feel the loss because the price we can't predict anymore.
90% decline in a market price is not uncommon but it is beyond our understanding.