New investors often believe in "holding to the end." When they lose 10-20%, they don't dare to cut their losses until their altcoins have halved or more, then wish they had cut losses at 10%. So, ask yourself: is your entry point good, and when do you plan to DCA? Are you afraid that selling at a loss will make your coins disappear? First, determine whether you are in a bearish or bullish wave. If the waves rise, they will eventually return to shore, but if the waves fall, continuing to DCA may still bring you to the top.
If you hold BTC, there's still hope, but each year, new altcoins are listed and many are delisted. Picking the right project can lead to x5 or x10 gains, but how many people choose correctly?
If you cut your loss by 10-20%, you can wait for the price to drop and buy back more coins, increasing your holdings. If you don't buy back, at least you've preserved your capital for another opportunity.
Recently, I boldly cut my loss by 20%. Looking back, if I hadn't, I'd be down another 20%, burying my capital and missing other investment opportunities. Consider this, and if you have other opinions, please like and comment below.
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