If I were in your place, I have already lost capital, selling at 50% less than the cost is of no use to me, I would maintain my position until it rebounds and I manage to recover the margin.
Noah1
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Who else is holding onto $TRUMP in their wallet? Let’s hear it.
I personally grabbed 10 units for $67 each, and now I’m sitting on a hefty loss. The big question is—do you sell and cut your losses or wait it out, hoping for a miracle?
The situation isn’t looking great. Even with breaking news, $TRUMP hasn’t moved, and $BTC isn’t doing any better.
Here’s the scoop: Former President Donald Trump has begun signing cryptocurrency-related decrees, fulfilling promises made during his election campaign. According to Reuters, a working group on alternative monetary resources is in motion, and CoinDesk reports plans to establish a national cryptocurrency reserve.
However, Bitcoin’s (BTC) reaction has been anything but positive. On January 24 at 12:02 AM Moscow time, BTC plummeted to $102,800—down over 1.1% in just 24 hours. Within a single hour, it shed $1,500 in value, as per Binance exchange data.