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How to recover a bad investment in crypto? – Day 17
Sometimes you buy a crypto, it drops... and you get stuck. You're not alone. It happened to me with FUN and others. But I learned something key: a bad entry doesn't mean giving up, but rather thinking better about the exit.
💥 What to do when your crypto falls?
Don't sell in panic.
Wait. If you sell when everyone sells, you will probably lose more.
Check the project.
Is it still active? Does it have a community, volume, and news? If not, it might be better to accept the loss.
Look for staggered exit points.
You can sell part of your holdings when it recovers a bit, another part if it goes up more. Not all at once.
💥 What to do when your crypto falls?
Don't sell in panic.
Wait. If you sell when everyone sells, you will probably lose more.
Check the project.
Is it still active? Does it have a community, volume, and news? If not, it might be better to accept the loss.
Look for staggered exit points.
You can sell part of your holdings when it recovers a bit, another part if it goes up more. Not all at once.
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