Ok so I currently have 15,000 TRX which I bought when it was at its highest.. Now the net cost is $2.5k but the current value is $900. If I sell my 15k at 900 and buy back my 15k tokens at 0.06 shouldnt I make a faster profit than waiting till the token hits 20c?
it is a strategy that is not right for me, it is cutting losses after you get a decent price from a previous purchase, by selling your coin and then picking another coin that does not know the coin fate you choose is at risk of getting a loss for you, so my advice now is holding all the coins you own because it will greatly benefit you and earn some profit, if the token tends to get a continuous increase it will be very potential to keep going up and what you say it will be very unusual for a few more months. 
Topic: Cut losses and re invest? - page 3. (Read 562 times)
Ok so I currently have 15,000 TRX which I bought when it was at its highest.. Now the net cost is $2.5k but the current value is $900. If I sell my 15k at 900 and buy back my 15k tokens at 0.06 shouldnt I make a faster profit than waiting till the token hits 20c?
Every decision is in effect a more or less educated guess based on how you think the market will move. If you are confident that you can time price moves correctly in order to make profit, then go for it. But it can be risky. There is no decision in crypto that gives reward for no risk.
If you have invested better not try to speculate on the price and leave everything as is and just wait. If you are want to trade, you need to close the loss positions as soon as possible
Well it depends on if you think you would make money from cutting your losses and re-investing the money. The whole point of being an investor in the first place is to make money which means that any way you make the most money, is the way you should use.
If you are 100% sure that your next investment will give you fast profits - sell and make profits with another crypto. If you don't sure - hold, don't sell!
Yes its right, many investments falls down because of fast decision and they not sure if thier next investment will give a profit so before proceeding in next investment make it sure that it can give you a profit. 
is there no other option? I personally prefer to re invest and will not cut losses (except for financial needs). but everyone has different opinions and investment strategies, make the decision that you think is best.
if you have good speculation and can accept loss. it could be an option to recover your losses. but if you only have the desire and don't dare to execute, you should hold until the price returns. I have faith. TRX will return to the high price. because this is a good coin.
Maybe your right on what you're doing, if you think is the best way for for it. But make sure that when you re invest you will gain what you loose or either doble it.
I don't really know about trx, so I don't know about the value of the current price. actually you can buy in a few weeks ago when the price dropped low. yes, you can do it to cover the losses resulting from the first investment.
or maybe you can find another alternative by buying another altcoin. there are plenty of cheap altcoins that can bring in profits by the end of the year. I suggest, when you want to try to take speculation in the investment. you should try to track about the altcoin, from the telegram line and some of its information.
Ok so I currently have 15,000 TRX which I bought when it was at its highest.. Now the net cost is $2.5k but the current value is $900. If I sell my 15k at 900 and buy back my 15k tokens at 0.06 shouldnt I make a faster profit than waiting till the token hits 20c?
Thats worst decision anyone can make on the TRX. I mean come on dude that coin has shown artificial pumps and nothing else. Remember last time when they made NET release announcement then also the coin did not move a bit and how do you believe that it will move to 20c in anyway?
Thats your hog in cog chance and its one way ticket. You could end up hitting the worst investment decision if something goes wrong with it. TRX is not worth coin to do things like that. I mean I wouldn't do that. If I were you then I will try to reach 20c with whatever you have got right now and just pull back my investment from this coin.
Many novice investors make the same mistake. First of all, we must not forget about the distribution of risks, we need to allocate capital between different assets. And if any of the coins falls into a similar situation, the first thing you should not do is to sell at a loss. Many investors bought coins when they were expensive and then sold when they went down in price. That's not why you came to the market. Need to learn to wait
I think it is too late to cut losses now since you should cut losses a few months ago and reinvest again by buying the dip. Personally, I think it is ok to reinvest in better altcoins now but it is not the best choice.
Ok so I currently have 15,000 TRX which I bought when it was at its highest.. Now the net cost is $2.5k but the current value is $900. If I sell my 15k at 900 and buy back my 15k tokens at 0.06 shouldnt I make a faster profit than waiting till the token hits 20c?
It just like a very big decision i suppose, When you are cutloss your investment and you will have missed the chance to get back your initial ROI again. It will be the same and never try to do that unless you are interesting to move your portfolio to another promising altcoin to recover your loses as fast as possible. The result will be the same if you are not cutloss your investment. Ok so I currently have 15,000 TRX which I bought when it was at its highest.. Now the net cost is $2.5k but the current value is $900. If I sell my 15k at 900 and buy back my 15k tokens at 0.06 shouldnt I make a faster profit than waiting till the token hits 20c?
You can imagine that right now but the actual thing is the hardest part. I did the same error for investing to TRX at its highest but luckily I invested few mbtc's with it. Unlike yours that you are totally bought up with the hype that was well done by the marketing of Justin Sun. This is quite risky but if you are in a rush of recovering your losses, take the risk and don't blame others if the situation gets worse. Basically if I'm recovering losses through cutting it first, I'm good with a 10% loss but with your situation it's hard for me to assess. If you are 100% sure that your next investment will give you fast profits - sell and make profits with another crypto. If you don't sure - hold, don't sell!
Great ideas. It is a matter of analyzing market situation. Why should you proceed your investment if it is still for losing. Make dip analysis in the market place of which potential altcoin to re-invest, then make selling for fast profits to earned and to recovered the losses of premature investment as well.
Ok so I currently have 15,000 TRX which I bought when it was at its highest.. Now the net cost is $2.5k but the current value is $900. If I sell my 15k at 900 and buy back my 15k tokens at 0.06 shouldnt I make a faster profit than waiting till the token hits 20c?
Why do you want to cut loss right now instead of a few months / weeks ago?It's not recommened to cut loss now because the market already starting to recover and the sentiment is getting better. you can't predict the future either so you won't know when the price will go up or down and you can loss more than right now. 
There is no easy answer for you obv. But MOST important questions you should answer to yourself:
When you answer to this honestly you will become a lot more successfull in the cryptocurrency market.
- why did I bought at the highs?
- how to prevent this in the future?
- how to study the market for the more accurate analysis?
- how to change your strategy over time based on market changes?
When you answer to this honestly you will become a lot more successfull in the cryptocurrency market.
Hi, I would never recommend you to cut your losses because you don`t know the future of TRX coin if it will be going more down from noon or not! If the coin is good with good concept and team behind - sooner or later it will come back to the highest point where you have bought it and I am sure that TRX has a very good potential of growth and this potential will be revealed in 2018. So It is only a matter of being patient and waiting. Hope you will follow my advice!
Ok so I currently have 15,000 TRX which I bought when it was at its highest.. Now the net cost is $2.5k but the current value is $900. If I sell my 15k at 900 and buy back my 15k tokens at 0.06 shouldnt I make a faster profit than waiting till the token hits 20c?
Are you sure the project behind that coin is good if yes then go ahead. If no then you should sell it and buy other coin that developed by skilled and honest people. I also suggest you to diversify your capital so you will not loss all of your money if one of project that you invest is fail.
I think selling now can be risky, if you have some spare funds try to buy some more trx from the bottom, this will give you overall better average and a chance to break even and profit earlier.
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