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. 
Topic: Cut losses and re invest? - page 4. (Read 470 times)
Why cut losses and re-invest? I don't recommend doing that, but that's your investment,
Sometimes you have to short, sometimes a project change for the worse or it's financially needed
Why cut losses and re-invest? I don't recommend doing that, but that's your investment, cryptocurrency marketcap already increase to $425B, just holding your tokens and wait for profit earning, remember crypto long term invest sure earn more profit than short term
If you are in dilemma. You can get a win-win position. Sell some portion of TRX coins and buy other coins that you are sure will rise in prices. However, TRX is not a bad coin, and is rising in prices. I have also 12,000 TRX, and do not have any plan to sell it. I am sure it will go up in prices, and yield more profit for me.
Do not rush in cut losses unless you need the cash instantly
My girlfriend also got FUD when she invested Ethereum at High price when I told her not to.
She keeps having issue of want to sell and buy other coins but I told her just have faith and wait
Now she is rather happy listening to me
Sometimes selling it and buying other coins might not even cover your losses unless that coin moons instantly
The only thing that comforts the person is that the new coin rises but truth is you already lose cash
My girlfriend also got FUD when she invested Ethereum at High price when I told her not to.
She keeps having issue of want to sell and buy other coins but I told her just have faith and wait
Now she is rather happy listening to me
Sometimes selling it and buying other coins might not even cover your losses unless that coin moons instantly
The only thing that comforts the person is that the new coin rises but truth is you already lose cash
In this business, we are all have a freedom of choice, on which we used our good knowledge and idea, because we are all here joins crypto business in order to earn more money, but sometimes when we try to invest, there are some aspects which we are about to consider to avoid failure of income, but we must accept the reality that not all the time that we are always gaining, we consider also some failure and losses.
I think that it is not the time to cut loses. Just wait and hold. May be it takes few weeks, may be few months or may be year, but you will get profit anyway. To cut loses now it is the most stupid thing.
Correct me if I'm wrong..
If I sell 15k @ 0.06 = $966 with a loss of $1,566
If I buy back 15K TRX @ 0.06 = $996
Now lets say it goes up to the price I bought TRX which is 0.22c = approx. $3K
If you deduct 3k from the loss of $ 1,566 = $1,434
It would need to go up to 9c to start making a profit compared to waiting for more than double the value of the coin to make a profit.
If I sell 15k @ 0.06 = $966 with a loss of $1,566
If I buy back 15K TRX @ 0.06 = $996
Now lets say it goes up to the price I bought TRX which is 0.22c = approx. $3K
If you deduct 3k from the loss of $ 1,566 = $1,434
It would need to go up to 9c to start making a profit compared to waiting for more than double the value of the coin to make a profit.
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?
The choice is in your handcalculate which one is what you want
if it is a cut loss and then buy below you get a profit then do it with a calculated risk worth it
if you do not dare to do it then re invest the best way while waiting for the price back to normal again
indeed a difficult choice for me
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!
Exactly. Good advise would be to only sell when you absolutely need to. Crypto is a sure win if you play long term. Just look at all those bitcoin holders who simply forgot about their coins. Those who just held are filthy rich now compared to those who actively checked the price and ended up selling prematurely.
Can be done, we sell altcoin the purchase price of altcoin. We slam the price in order to buy altcoin with new price. With consequences willing to accept loss.
In the hope of reimbursing profits from the new price altcoins.
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!
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?
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