/biz/ - Business & Finance

I myself have no choice but to hold. There is 2 reasons for this.
1. It would be hard to write off a loss for taxes, because you cannot and reinvest in the same coins for 30 days. Which right now is a bad idea if the market shoots back to more than peak value, doubt it will but just in case it is better to let it bleed it a little more.
2. We have no idea which coin will bounce back faster. Could be one you hold a majority of even it is the hardest hit right now. So trying to re-setup your coins picks while still so unstable would be insane.
>What now?
Gather more funds from other sources and buy more coin as if nothing happened. The idea is just keep increasing your stack #s. That may sound insane but the prices will all go back to normal again and you'll be back on track.
The more we do this the less likely we will be affected by the next time it does a correction because of a few large sources of holders and bots.
>>29467876
>>29468110
Some lesser known, and scam coins survived because the bots tied to btc were not tied to the lesser known & some scam coins not causing a further panic sell.