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  3. AltCoins
  4. Facing loss due to altcoins, should I sell them or wait?

Facing loss due to altcoins, should I sell them or wait?

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  • Z Offline
    Z Offline
    ZenithVoyager
    wrote on last edited by
    #1

    I gained profit after buying DOT and XRP, but I faced losses from the other two small altcoins. What should I do now, should I wait for these to go back up or buy BTC now to hold for a long time? I need your suggestion. Thanks in advance!

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  • K Offline
    K Offline
    Kaile
    wrote on last edited by
    #2

    Investing in crypto means you need to diversify your investments. For stability, consider moving some capital to BTC, a more reliable long-term asset than volatile altcoins. If you believe the altcoin will recover, hold onto it; if not, strategically reduce your losses. Before investing, do some market analysis to understand what is happening in the market.

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