Cut losses

[Chainsmokers]

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

Sometimes cutting losses is necessary, but you need to think about your next plan before deciding to cut bigger losses. In my personal opinion I would prefer to hold it for some time and if I have to cut losses at least the price of the coin when I sell it is not too much different from the price when I bought it.

[reality18]

Sometimes it is good to cut losses. This is the main reason why every investor or holder of a coin must know the potentials of the coin in possession. Not all coins are worth holding because not all of these coins entering the crypto market survives for long term. Some coins continue to fall and never rise again until they die off completely. Research into the project and ascertain the potentials of the coin, if it is not likely to rise, it is better to trade it for a more valuable coin on the market - perhaps for any of the large cap coins.

[Sab11]

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

I dont think that selling is the good way to save some of your money, if i were you instead of doing cutlosses i will buy again alot of eth because the price is so cheap, hold until the price bounce back again etheruem have a bright future.

[wayaneka]

For the better keep hold it because ETH have strong fundamental and when they solve scalability issue so this coin has potential to riase to the top price again. Cut loss more than 50% is bad idea ,trend of  crypto market will change to bullish later.

[Dobolen]

At that time you should sell ETH coins because now the price has dropped significantly. The strategy to cut losses is sometimes done if the coin falls freely. Currently the Crypto market is red and if you want to trade you can do it now.

[maculeth]

do not cut loss, wait until the price falls and you buy it when the price reaches the lowest point. then hold down with the coin you bought before. then when the price goes up, sell them together.

[richcorner100]

Need long times for ETH to going up to $600 and my idea is use that ETH to trade with others altcoin to increase the amount of ETH, so when ETH going up to $600 we can make some profit.

[yapa ve yalniz]

Need long times for ETH to going up to $600 and my idea is use that ETH to trade with others altcoin to increase the amount of ETH, so when ETH going up to $600 we can make some profit.

ETH these prices will travel a lot. increase the number of ETH around here. But my suggestion is that you can carry out transactions with ETH in altcoins and increase your hand.

[Slash61]

ETH these prices will travel a lot. increase the number of ETH around here. But my suggestion is that you can carry out transactions with ETH in altcoins and increase your hand.

the more transactions it will build the greater the ethereum market. if a loss at ethereum might trade altcoin with an etheruem pair is the right choice to return our losses. but in trade you have to be careful about choosing assets.

[glendall]

you are late if you want to sell and buy back,
if according to the chart ETH should be up shortly, because the candle chart is above ema 21,
for me one of the coin indicators will go up if the candle is above that.
but all returned to their respective beliefs.

[cchub]

The problem is you may buy high and sell low if you try to "cut losses" so it may not be the best thing to do.

[coinsycrip09]

For the better keep hold it because ETH have strong fundamental and when they solve scalability issue so this coin has potential to riase to the top price again. Cut loss more than 50% is bad idea ,trend of  crypto market will change to bullish later.

yep that's right, i think cutting losses right now is a bad decision.
we will regret it in the future, now the market is starting to show good growth. just waiting a little more, i'm sure the market will recover completely and when that happens we will sit there.

[Tylev]

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

You should always evaluate the current market situation, which is constantly changing. Now we are really in a situation where the market can start its upward movement. Therefore, if anyone still has available funds, it's time to buy promising coins and tokens. However, reinsuring does not hurt, and therefore it is better to do it in stages, acquiring cryptocurrency in small lots.
Ethereum is still one of the best coins and its cost is now relatively low.

[leetcoiner]

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

You should always evaluate the current market situation, which is constantly changing. Now we are really in a situation where the market can start its upward movement. Therefore, if anyone still has available funds, it's time to buy promising coins and tokens. However, reinsuring does not hurt, and therefore it is better to do it in stages, acquiring cryptocurrency in small lots.
Ethereum is still one of the best coins and its cost is now relatively low.

I agree, it is very important to make an analysis of the situation on the market every week. I like to analyze data and factors of cryptocurrency market development.

[Endikadija]

Need long times for ETH to going up to $600 and my idea is use that ETH to trade with others altcoin to increase the amount of ETH, so when ETH going up to $600 we can make some profit.

ETH these prices will travel a lot. increase the number of ETH around here. But my suggestion is that you can carry out transactions with ETH in altcoins and increase your hand.

Are you sure if he can understand about what are you talking about? i don't even understand what are you saying right now.

Trade is another good way but remember trade will involve a lot of risks and that means we must try to put only some percentages of our amount to trade it with another altcoin.

[D3m1r4wanti]

never think if cutloss is the safest way, especially in trading ethereum, ethereum has very good trust, it would be very unfortunate if you panic and hurry to cutloss

[Caladonian]

For the better keep hold it because ETH have strong fundamental and when they solve scalability issue so this coin has potential to riase to the top price again. Cut loss more than 50% is bad idea ,trend of  crypto market will change to bullish later.

yep that's right, i think cutting losses right now is a bad decision.
we will regret it in the future, now the market is starting to show good growth. just waiting a little more, i'm sure the market will recover completely and when that happens we will sit there.

Observed and take a lots of review before taking any position, the market continue to show some strength, doing any actions without knowing the the potentials will stress you out while seeing some good momentum, but if you do have good understanding and you can cope up which you can take advantage of market sway, best to make sure that you have the edge if you will proceed doing some adjustment with your current position, cutting loses in order to buy back or to start with a much better sets of plans.