So… What would you do in my ADA situation?
1 min read
Hello there!
I’m one of these Cardano investors who was trading very happily with ADA until the crash that stuck us on the 0.35-0.45$ area. Welp, that sucks.
So despite my very calm investing strategy is to analyze trendings and wait for the price to reach what I expect, I have to accept that ADA is very unlikely to recover the “golden age” it once had. And despite I’m not one of these who put their life savings in crypto, it still sucks.
So, what strategy would you follow in my situiation? I’m interesting on hearing your thoughs.
On average, I bought Cardano at a price of 1.51$. For the time being I have a trailing order that triggers at 1.5$, as I would be happy enough if I recover what I invested.
As an investor I try to avoid high risk options such as futures. I like to simply buy low, place a trailing order to sell, wait for the notification to execute, trailing order to buy lower, rince and repeat.
What would you do?
submitted by /u/Volgrand
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