I put some $ into a coin a couple of months ago. And since then it's gone down a lot and stayed down. A deadline for a project update was recently met and advertised but the coin didn't even bump up. If I got out now I would lose about 20% of my initial investment.
How do you decide when it's time to dump a coin for a loss? I don't need the money but i see these other coins going up and i keep thinking about the opportunity cost of having my $ sitting in the shitcoin.
Altcoins are really hard to predict. That's one of my problem, I think I've held my token long enough and missed the chance to sell it in a good price. I thought it was going out to well and now the selling price was stable at 50% mark down than it started. Maybe, I will sell all of my tokens now, and just get all the bits I can, while the coin still has a value.