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Topic: Some advice please? What to do in current downturn market state... - page 2. (Read 212 times)

newbie
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I need some advice here...

I only got into Crypto trading a couple of weeks ago. Pumped in £500 into multiple different coins within the first week. Today my investment is worth about £300.

The way I see it i have 3 options:
1. Pull out. Pay the withdraw fees and take back £250 of "real" money and live to tell the story and learn a lesson
2. HODL
3. Buy the dip. I could probably spare another £500. Do i put that in whilst the price is the lowest it has been for 2 months? Problem with this is we have seen a steady decline now for almost 48 hours. For all i know it could carry on for another 48 hours before rising again. If it ever does. I think if i did this method i would buy Bitcoin only. No trading. Just buy cheap (hopefully) and then use to trade when the value goes back up (hopefully)

Any thoughts and ideas welcome! I'm all ears.
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