Being a newbie to the crypto world I made a few investments by buying different coins and they are all down low what do I do? withdraw or ride it out I am sure a lot of new people would want to know this I joined steem because I see the potential it has as a community. I am always looking for something new I get board with things quickly but I ma looking to ride this steem train out.
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A basic fundamental with markets is that if the asset, cryptocurrency in this case, is expected to grow in the long term, hold onto it.. crypto currencies are slightly unstable presently, so ups and downs are to be expected... I would suggest you to hold on, bit again, it all depends on how much risk you wanna run!!
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I'm still new myself but I can offer some advice. My recommendation is to ride it out. Look and see if there is any recent news about any of them, if you read something that sounds like it could be detrimental then maybe you should sell. Other wise you'd just be losing money. Wait a month or two at least before doing anything decisive or you'll likely regret it. Also buy ethereum right now and sell it when the price goes back up. Check out my most recent blog post if you want to now why. I occasionally post crypto news as well as other things, follow me if you'd like.
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Depennds on your goak. If you are in for the long term, never sell; just add during weak days. The term HODL was not invented for nothing.
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