I want ICX but I invested into other alts that are down - relocate investments?!

[TalonAK]

Heyo - I've been peeking between the curtains of the cryptocurrency world for far too long and finally pulled the trigger last week. I did what any good donk does, and just bought in following the first hype train that pulled into the station. Okay, it's not quite that bad. But now that I forced myself to learn about what I have poured money into, I would like to get in on some ICX but I cannot allocate any more fiat money until later this month.

Looking for some suggestions on how to minimize the pain of my idiocy.

I currently have my investments split in the following alts
50% XRB - This investment is not going anywhere
30% VEN - Currently my investment is down
10% REQ - Also down
10% TNT - Also down

I have a good feeling about ICX and would like to get in while it's low. But since the 3 investments i'm willing to trade to trade for ICX are down, I'm nervous to trade out while they are low. I don't want to ask "Do I sell X for Y", but I don't know what information to look at to help make the decision for myself.

I'm trying to absorb all that I can about the industry, but right now I want to focus my research on my current situation as opposed to everything as a whole. With that said, if you don't happen to have any useful direction on where I can educate myself on my issue then you could at least share your opinion on my situation.

TLDR - Should I eat my losses on VEN/REQ/TNT and invest some/all into ICX?

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[ItsEzMkay]

You should only eat your losses on those coins if you don't believe they will ever come back up or if you think they will but in that same time you can recoup your losses elsewhere. It is hard to know you will recoup losses therefore it hinges on your belief of those coins I think. Also don't invest 100% of what you get from those coins into ICX because the sizing would likely be too big, it is what I would say of your XRB position. Don't try aiming past 20-25% for any single holding that will be too aggressive of an approach.

[TalonAK]

Oh really? See, already learning something!

It isn't so much that I don't believe in the other investments. I think I just don't want to have nothing invested in ICX, but I currently can't dedicate any more fiat, so I have to play with what I already have on the exchanges.

Sooo, maybe I should consider re-investing some of my XRB holdings into ICX instead? It would help with keeping a diverse portfolio I guess.

[01BTC]

sometimes we learn only when we hit something we didn't know.  I am in the same gap as you are , the thing is that I only afforded to lose 90 USD ... got to aprox 240 and not at 130 , all this carousel in aprox 3 weeks.

just don't panic and keep reading and learn. I am the one I would totaly advice to invest on the long term so that being said u can just relax because on the Long Term your investment might at least get double ..

If the investment is big I would stay at least 2 - 3 months and if u really want to get rid of these sell it on profit .. cheers!