When I said too deep it means they could have had bought them at the peak when the price was ticket high. The number one investment rule is don't lose money. Maybe continue to put in money to balance and lower their buying price is a better way out?
You are viewing a single comment's thread from:
I understand now, thank your clarifying.
As a long term investment Bitcoin is a great buy. Im a big fan of Bitcoin sky rocketing in the future. As a speculative trader my perspective sways with the market sentiment.
Each person has to evaluate when to cut their losses, average down or just hold.
Alternatively, i would be looking to hedge my Bitcoin position using Forex if I bought near the tops.