I'm late and you probably know the answer now. You would have doubled the amount of ethereum if you sold at 275 and bought back at current prices.
Hindsight is always 20/20.
Topic: Cut losses - page 2. (Read 21598 times)
Cutting losses is not that easy with cryptos since these are so volatile. It may work for some top coins but for smaller coins one has to buy and hold with patience.
not all pieces will be better than leaving it. for small coins, we have to patiently hold it until it gives us a little profit.indeed sometimes cutting losses will save you, but we have to think well and move forward.
the market will improve soon if we cut losses we will not get it in the future, so we must be patient to get profits so wait until the coins you hold are profitable.
OK so I bought ETH a while back when it was 600 dollars.
Now that ETH is 275 is it a good move to sell my ETH and buy back in? Wouldnt profit be faster when market picks up like that or not?
Please help me understand
It means I still lucky when I bought ETH at 300$+ and add when it fall to 160$ and still I keep holding and no plan to sell my coins but I didnt able to add when it fall less than 100 I thought it would fall deeper. Now that ETH is 275 is it a good move to sell my ETH and buy back in? Wouldnt profit be faster when market picks up like that or not?
Please help me understand
I'm not a fan of cut loss I usually doing average down to keep my total buying price low. And I invest only in too 10 coins in market cap.
Cutting losses is not that easy with cryptos since these are so volatile. It may work for some top coins but for smaller coins one has to buy and hold with patience.
Cutting loses is one of the best strategies anyone could apply in crypto trading. Looking back at the current ETH price, you will be happy if you had cut your losses when it was over $270. It's currently at half that price imagine bewteen then and now, you would have lost half of the value even more.
That's right, if you master this system you will be able to allow yourself making things still favors you even the situations is not doing well with your current holdings, you need to workout learning deeper to take advantage of this strategy, after that you'll be familiarize with any events.
Cutting loses is one of the best strategies anyone could apply in crypto trading. Looking back at the current ETH price, you will be happy if you had cut your losses when it was over $270. It's currently at half that price imagine bewteen then and now, you would have lost half of the value even more.
It depends on the situation because if you think that it will go deeper then cutting loses will be an option and just buy again at lower price if it hits bottom so you can accumulate more. It's just risky because you can lose big depends on the drop. Just be careful doing cutting losses.
Be careful with psychological decisions such as that one. You need to focus on important financial indicators of risk management and diversification.
In the present case, instinct should also be useful to find the right decision. Because the analyzes are not enough to find the next move. Definitely one day everything will be fine, but we do not know how far away that day.anyone does not know anything will happen in the future, but if you can start from now to do any activity that can produce, of course in the future the market will rise and you can get big profits.
ETH prices have dropped dramatically from the previous highest price with the current price of only $ 137, for long-term holders it is certainly not profitable to sell it now, but in my opinion it takes a long time to recover. All our own decisions determine, it's better to hold a little longer and buy other coins to trade.
With this situation, cut losses is the worst decision because the price of market is low, if you cut losses that means you are cutting your hand.
Sometimes it's a good decision if you can't wait for that long to recover the coin that you have bought. This depends on your situation on how you are taking the patience into the next level. Like anyone else, bought some coins at the highest price and now it's more than 80% at loss. I don't have to cut loss because I've already lost that much and I'm not willing to take my money back with the very few left on it. I can't wait until it recovers because I believe in the market reversal.Be careful with psychological decisions such as that one. You need to focus on important financial indicators of risk management and diversification.
In the present case, instinct should also be useful to find the right decision. Because the analyzes are not enough to find the next move. Definitely one day everything will be fine, but we do not know how far away that day. 
Looking back to 2018, it was a good move. But no one knew what would happen, also now, nobody will tell you if we are close to the end of bear market or what. There are just tips, speculations. 
Cutting losses is never an easy thing to consider and really go through. Some situations though are indeed better to resolve using this method. Like when something bad and urgent happens in your life and you are in need of money, something like this and you should sell your bags.
If you don't have any real need to sell your crypto bags, you should think twice before selling.
If you don't have any real need to sell your crypto bags, you should think twice before selling.
Be careful with psychological decisions such as that one. You need to focus on important financial indicators of risk management and diversification.
With this situation, cut losses is the worst decision because the price of market is low, if you cut losses that means you are cutting your hand.
Sometimes it's a good decision if you can't wait for that long to recover the coin that you have bought. This depends on your situation on how you are taking the patience into the next level. Like anyone else, bought some coins at the highest price and now it's more than 80% at loss. I don't have to cut loss because I've already lost that much and I'm not willing to take my money back with the very few left on it. I can't wait until it recovers because I believe in the market reversal.With this situation, cut losses is the worst decision because the price of market is low, if you cut losses that means you are cutting your hand.
Sometimes it's a good decision if you can't wait for that long to recover the coin that you have bought. This depends on your situation on how you are taking the patience into the next level. Like anyone else, bought some coins at the highest price and now it's more than 80% at loss. I don't have to cut loss because I've already lost that much and I'm not willing to take my money back with the very few left on it. I can't wait until it recovers because I believe in the market reversal. 
With this situation, cut losses is the worst decision because the price of market is low, if you cut losses that means you are cutting your hand.
I also think it's better to be patient, wait for prices to rise and not to worry too much, coins will continue to fall as long as the coins you have are indeed coins you choose based on your own observations.try to trust yourself with your own choices.
With this situation, cut losses is the worst decision because the price of market is low, if you cut losses that means you are cutting your hand.
I bought Ethereum for 500 , and sold it for 300 , and now I think when to buy, I think that this price is very good to buy but more likely we can see $50
Ethereum is good coin and the network used by many token in market. I think i will keep it for long term and not selling it at this time because we just realizing our loss. Better wait and see market condition. Most coin drop the price including ethereum but we should not panic with this condition
Jump to: