2 ms·
You need PERSONAL advice here. How old are you? How much other money do you have? What's your earning potential? Wife? Kids? Risk tolerance? PERSONALLY, if it
by berberous 9y ago
You need PERSONAL advice here. How old are you? How much other money do you have? What's your earning potential? Wife? Kids? Risk tolerance?
PERSONALLY, if it were me, I would hold on, and I'd bet you will get back to being in the black. That said, you need to understand this is an EXTREMELY risky investment, and it could essentially go to zero just as easily as BTC could go to $50k. If you are not OK watching all that money go to zero, sell. If you are not OK watching BTC go to $50k having sold it ALL, sell most of it, and keep some.
Realize you have gambling tendencies, and make a plan to get out. You sound like the kind of person who will double down when it gets up to $30K/BTC, and then cry again when it crashes even harder.
Don't bet money you can't stomach losing in this space. There are WAY too many failure modes.