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29489878 No.29489878 [Reply] [Original]

Alright guys, I'm a crypto-newfag amerishart. Been trading only since November. Turned $800-$1000 into about $5600. Just came crashing down to $3100.
I don't want to sell now, though I wish I had.
Despite being a newbie, I think the best course of action for everyone is to slowly accumulate during this time with whatever is comfortable to spend. A good mix of alt coins and bitcoin. Especially coins that are a part of useful projects.
Is there something I'm missing? What's the best strategy here?

>> No.29490402

Remember a profit is never a loss and you can always sell up then reinvest later and strengthen your position. Basically, even if you pull out now and buy is 5% further into a drop you now have a bigger stake than you started with.

>> No.29490565
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29490565

>>29489878
buy Chainlink (ticker: LINK) and never fucking sell

>> No.29490606

>>29489878
Stop trading, you will get fucked. Just buy and hold. Get a job, accumulate more good crypto and sell when we were close to the bull run top.