Cattle Rustler, what's wrong? You've been around long enough to know that a 30% drop in crypto is normal, especially when the entire market dips. Also I think all those coins will go up significantly this year.
Having like a 50% drop in price in BCH that you have is much worse because you might be waiting around for a couple months or even a year for that to recover. I also believe it eventually will just because everything is growing in this market.
However it might not recover and there might be a large opportunity cost of not using the money that's left for something else. Which might make you think about cutting your losses. A lot of traders cut their losses early to protect their capital, because without their capital, they are nothing. But that type of thinking came from the stock market and here everyone says HODL.
Having like a 50% drop in price in BCH that you have is much worse because you might be waiting around for a couple months or even a year for that to recover. I also believe it eventually will just because everything is growing in this market.
However it might not recover and there might be a large opportunity cost of not using the money that's left for something else. Which might make you think about cutting your losses. A lot of traders cut their losses early to protect their capital, because without their capital, they are nothing. But that type of thinking came from the stock market and here everyone says HODL.
"Especially Roosh offers really good perspectives. But like MW said, at the end of the day, is he one of us?"
- Reciproke, posted on the Roosh V Forum.