I just made this reply to one of the hundreds of people asking the same question every day facing a losing position "Should I sell?" and I think the answer is worth sharing with all.
The real answer is that only you can answer the question because only you know how much you can afford to lose.
If losing more can seriously hurt you, #sell
If you can take a chance on a rise, #hodl
Of course, you should also #dyor and understand the market fundamentals of your chosen coin/token. But, please, look more than just here for information. Try CoinMarketCap and others for more insights.
Importantly, if anybody tells you they know the way the market will go for sure, you will have pretty much exactly the same chance of #gains or #losses if you do the exact opposite of what they say.
And always remember:
Like all gambling (which trading crypto most certainly is!), you should only ever invest what you are willing to completely lose.
Stay safe everybody.
Blessings of health and happiness to all.
I love you.
