About two years ago, a friend told me to buy DOGE, so I did. My first purchase was around 280, when the price was much higher. As it kept dropping, I bought more at 250, 200, 120 and eventually 70.
I haven't sold a single coin. I've just kept holding, convinced that it would eventually bounce back.
The thing is, I've been in this situation before with other crypto investments. I once sold a coin after it had lost half its value, only to watch it go up 10x or even 20x afterward. I guess that experience made me afraid of selling at a loss again.
The worst part is that I'm just a wagie, and this was basically all my savings. It's not money I can easily afford to lose or replace.
I know I probably shouldn't have invested so much in something I didn't understand, but here I am.
What the hell am I supposed to do now? Keep holding and hope for another rally, or finally accept the loss and move on?
Looking for some honest advice.
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