Many of us made purchases on highs in December-January. And then, as it seemed to us, on the "falling" market in February-March 2018. For those who are still in the position, there are decent losses on many coins.
Well, it is possible to go to zero or get a minimum profit with a much smaller market growth.
Some math: a couple of epic falls from all-time high
If you have an 80% loss - it does not mean that 80% of the profit will return you back to the same level. In fact,to return the initial capital, you need to get a 500% profit (this is x5).
If the loss is 90%, then the profit should be 1000% (which is x10 from the current price).
So think when it is better to buy a new coin and capture the right moment when it falls. If the coin has fallen by 30% in price, average your investment portfolio with the same amount in fiat, this will allow you to come out with a profit with a less price growth in the future.
Read my previous article: Are rats deserting a sinking ship?
