What do you suggest I do. I have invested £100 in btc at 11k and is now worth £140 and is stored in cold storage. I also invested £50 in IOTA when is was $4.50 (bad decision I know, I thought it as gonna rise as I sleep so I thought fuck it, it dropped to $3.20)I would wait. Maybe invest a couple hundred but that's it. Then watch it close and adjust your stop-loss after you're in the positive.
Or maybe you could invest a couple hundred into another coin instead, like a relatively low cost one like IOTA and go for long term hold. Might be able to double your money in a couple weeks. Then you could pull out your initial investment a reinvest or keep the rest invested. Then you'd be off and running with zero costs.
But what in the case I could turn 2k into 2.5 or even 3if you have £2000, DON'T FUCKING BLOW THEM ON BTC.
But what in the case I could turn 2k into 2.5 or even 3
It's a gamble.But what in the case I could turn 2k into 2.5 or even 3
That’s defo what I did with IOTA, so now I’ve gotta wait until it’s worth $10 to make it worth pulling for out my initial investmentDon't invest out of greed and FOMO (fear of missing out). With that kind of mentality you may as well hit up your local casino. And definitely do not invest all of your savings no matter how pretty the graphs look.