Question on holding alts for too long
I made some trades in JUne based on a trading groups TA. I didnt short correctly and I ended up holding a few bags of things I sold for a minimal gain or a 10-25% loss. I was/am a novice when it comes to alt coins. I'm trying to get out of alt coins for now until i get better with TA/FA. I have stuck to more ETH trading, with a little in LTC and BTC with better success.
Listed is what I have remaining @ what I bougth it:
.57btc worth of zec @ .161 (currently .062) .25btc worth of NXT @ 0.00006580 (currently .0002615) .11btc worth of CLOAK @ 0.00384999 (currently .00127)
So this is a terrible loss and hold for 2 months.
My question is whether it is to take roughly a 66% loss and try to gain it back by buy/selling ETH or have a sell order around the amount I bought in at? I hear ZEC can be a viable coin in the future which is why I had more of it, but after these months, I feel like I am losing a lot of value by not cutting my losses. Also wondering if this line of thinking is normal for a beginner.
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