Cut losses

[mangsitin]

I think for today the price of Ethereum has begun to appear to crawl even if only slowly. but this is a good step for ethereum prices which have experienced a lot of price reductions this month. in my opinion not to cut losses at this time. try to hold it until the end of this year, I see the price of Ethereum already seen there will be a resurrection.

[1715632039]

1715632039

[1715632039]

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[tee-rex]

It's risky business to sell Ethereum because when it turns it going to rise quickly.  It's gotta be close to the bottom at this point.  I also seriously doubt if Ethereum is going ot go down to 100 flat you will pick the perfect sell and buyback time.  You could end up making a bigger mess of things.  If you sell to buy back watch the market like a hawk. 

People are going to make a huge mistake if they sell their ethereum at the current prices, even if right now I cannot see the price of ethereum going very high, I will have to wait to see if the markets are giving any kind of signal that we're going to see some kind of positive trend for ethereum anytime soon, but if you are a long term holder buying ethereum now is a move that cannot go wrong in the next years.

You don't know beforehand whether it will be a mistake or not, and that's the problem with crypto. When you think it has already reached the bottom, the second bottom may be impatiently awaiting you. In this manner, if you expect the prices to fall lower, it won't hurt you financially if you sell now to buy back later at lower prices.

And that's the whole point, even if you may personally sincerely believe that the price won't go lower, the market may think otherwise. It doesn't care about your personal beliefs much. On the contrary, what the majority think about future prices more often than not turns out downright wrong.

[Harrsionrangers10383]

You lose already , so not losing more is not important! Just forget it, may be after a year , you will rich if the market PUMB !

[Wellyan]

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 don't think the sell move is a smart one, i would advice that you continue to hold for a long term or buy more ETH at the price of $275 price and sell all when the price improves reasonably.

I agree with you to upgrade your buy if there is a decrease again then upgrade the buy again

right I agree with your opinion, when the price goes down immediately buy it and when the price goes up can be sold, do not sell when the market price drops it will cause losses for yourself, if you do not want to lose your money do not ever do

[DISPERADO]

Nobody knows what will happen next with the price of the ETH. Maybe it has not yet reached the bottom and the price will fall even lower. But in your case, I would not sell now.

[Milka86]

Don't panic , and don't sell your Ethereum at that price . It's not the beginning of the end . Just wait until the market stabilizes and the price goes up . According to forecasts of many-it has to happen in the fall-winter

[TUMAS]

The urge to sell and buy back in is insane.. if you have a couple of ETH at 600 and 400 and its now 85 will you say fudge it and sell to buy back in? the profit will be faster and garanteed. not seeing ETH hitting 600+ any time soon..

[Dumucoda]

now the price of Ethereum is very low, not a good solution if you sell it, then you will lose a lot. You must use this opportunity to buy as much as possible, because in the future it might return to normal and be able to rise so that you will make a profit. It is better to save your coins first to avoid losses, if prices continue to fall you are only resigned because you will lose more.

[hardhouseinc]

We live now the days when it is not affordable to sell but to hold. It is important to keep holding what you have at least until the price is bigger than it was when you invested.

[GatotKaca]

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

In my opinion, for now it's better to hold the coins that you have and wait for the price to break even. You will not lose if you do not sell the coins that you have and if you choose to sell and buy them again I think that is the wrong decision. So, hold on and continue to observe its development in the market.

[Babayan]

If you don't want to loose your funds, you must diversify your investment portfolio, only in this way you can cut your losses at a bear market.

[wattson]

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

Feeling your pain) If you still hold I think it would better to continue holding and wait calmly for the next bull run. I wouldn't try to short now. Better wait and go for something else than trading while waiting.

[Opnsrc]

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

In my opinion, for now it's better to hold the coins that you have and wait for the price to break even. You will not lose if you do not sell the coins that you have and if you choose to sell and buy them again I think that is the wrong decision. So, hold on and continue to observe its development in the market.

Certainly, yes. Holding is simple- just try to concentrate your attention on some other activities. Stop trading for a short time and do not touch your tokens and Bitcoins. It will help you to cut losses. Wait for the bulls.

[akafcka]

I think for today the price of Ethereum has begun to appear to crawl even if only slowly. but this is a good step for ethereum prices which have experienced a lot of price reductions this month. in my opinion not to cut losses at this time. try to hold it until the end of this year, I see the price of Ethereum already seen there will be a resurrection.

If Ethereum gains 200 dollars by the end of the year, it will be a successful rise. However, this is still not enough for the cryptocurrency market. Nobody likes to wait and lose money.

[Anna Borisovna]

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

it seems to me that the price of $ 600 ethereum will not reach very soon
If you have experience in trading, it is better to try to trade in other coins in order to discourage losses a little. and then buy the original coin, the same ethereum
Now here is a good price, and by the way it is possible that it will drop even more, to $ 55-60

[QueenCryptomarket]

To reduce the loss of money, you do not need to think when and at what price to sell your ether. It is necessary to make a decision to trade actively on a daily basis in order not only to reduce, but also to go in this direction to earn money. I have such experience to escape losses.

[Naughty Princess]

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 don't think the sell move is a smart one, i would advice that you continue to hold for a long term or buy more ETH at the price of $275 price and sell all when the price improves reasonably.

I think you should buy again rather than sell because ethereum is better for long term investment. Wait till it really won't because the price will increase again. Be calm and be patient, what you are holding now can get goo d profit at the right time. Continue to hold and do not be afraid that it won't come back in good price because it will.

[judyrob]

the cut loss was more than 50% loss is a mistake if for me. But if that anticipate losses more in which the crypto can keep falling then the risk could have been taken. but to restore the existing capital certainly can't in a fast and sure there are further increases did not provide a profit but only as cover losses.

[TamaraKul]

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

It will be comparable to playing roulette. You will wait for an uptrend and think that it will happen gradually, but in fact everything will happen instantly. Jump from $ 100 to$ 350 a day. You won't even have time to react.

[Downloaded]

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 don't know what your strategy is. You do not earn , but simply fix your losses and will try your luck in another direction. If you decide to play investor then play to the end. Why go into the role of a trader.