Whoa! you got me scared now. I too hold some ethers and have been wondering what to do while I stare at a gloome graph heading down.
Whoa! you got me scared now. I too hold some ethers and have been wondering what to do while I stare at a gloome graph heading down.
Sorry to have scared you Norbu. For me there was a threshhold, about 11 Dollar. If it would get to close to that again, I would sell. So I did, still on the plus side of the speculation.
I hold ETHs and yes at the moment its seems the best option to cut your losses. But there is other factors involved, BTC halving, DAO fiasco. I'm going to wait till end of august if it does't go up by then i will sell. Such a short space in time to really see where is ETH going next. In the meantime enjoy volatility.
It is unpredictable indeed. Speculation is a gambling game, I guess.
better than gambling, i been there... In gamling you either win or lose all. investing you still get to keep peanuts if it goes sour.