First off, you are a short-term speculator. This is a subject I don't know very much about. For all practical purposes, you are gambling. The answer to your "sh

First off, you are a short-term speculator. This is a subject I don't know very much about. For all practical purposes, you are gambling. The answer to your "should I see what happens" question is equivalent to "should I roll the dice with what's left of my money"? You don't have an investment thesis, i.e. a theory of what will happen next. If you did, your decisions would be easier (although you would still be exposed to risk). But in general terms: Don't invest more money than you can stand to lose. Have an investment thesis. As long as this thesis holds, don't sell and don't even check the value of the asset you are holding. Don't invest in volatile assets with money that you will need in the near future (within five years or so). Forget the price at which you bought your asset. Always keeping this in mind leaves you horrendously exposed to the "sunk cost fallacy". Ask yourself instead: If I had nothing invested, would I buy at this price? If the answer is no, that is a strong indication that you should just take the loss, or even sell if the price has increased. You could also have a plan beforehand, i.e. sell if it's down more than 30% or if it's up more than 60%. And if you make such a plan, you need to stick to it. Taking a 20% loss on an asset like Bitcoin, which has appreciated >10,000% in a few years is really not a big deal. This is the king of volatile assets. If you are consciously investing in such an asset, you should be able to shrug at either a 50% loss or a 100% gain. Most people would (perhaps rightly) call you crazy for keeping a significant part of your investment portfolio in such an asset.