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/biz/ - Business & Finance

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15426332 No.15426332 [Reply] [Original]

No spoonfeed, I guess I'll do the math myself.

Is it retarded to sell at a loss and use that loss to buy link when it bottoms out or should I just continue to hodl? Show me the math. I bought at 2.19 btw.

>> No.15426346

>>15426332
buy high sell low, yes, you are on the right path

>> No.15426351

>>15426332
Do not sell unless you are 90% convinced it’s going to crash

>> No.15426503
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15426503

>>15426332
Random Scenario ignoring fees:
100 linkies
Each 2.19.
So 219 usd originally.
1.86 usd per coin currently.
186 usd if I sold now.

33 usd lost.

With 186 usd, I can wait to say 1 dollar linkies and buy then. 186 coins. If it goes back up to say 2 usd, I can sell for about 372.

Am I retarded or is it actually smarter to sell now?? I think I did something wrong here.

Idk what the break-even amount is. Pretty sure there's a formula or some shit for this.

>> No.15426920
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15426920

>>15426503
Someone help me. It's dark in here