Honestly, I think it's more about setting a personal price target than a time frame. If your investment has dropped 90% and you're still holding on to it, that's a pretty big ask from the market. Set a price target and be willing to cut losses if it's breached, rather than just waiting for a specific amount of time to pass.
I think the decision to cash out depends on your personal risk tolerance and financial situation, but holding onto something that's tanking for years can be a pretty tough pill to swallow. At some point, losses can add up and it's just better to cut your losses and move on, but that's a hard call to make when you've sunk a lot of time and emotion into a coin. In my experience, it's usually better to set a loss limit and stick to it, rather than trying to hold out for some kind of miracle revival.
Honestly I think it's different for everyone, but personally I'd say if you've seen 50 or 60% of the value drop and no signs of recovery, it's probably time to reevaluate and cut your losses. Holding onto a bad investment just hoping it'll turn back around is like throwing good money after bad.
It's always tough to know when to cut losses, but I think 12-18 months is a decent benchmark for when an investment is no longer going anywhere. If you've held on for that long and it still looks bleak, it might be time to take a loss and move on. Don't get too attached to the initial hype.
I've been holding onto a bag of altcoins for way too long, and honestly it's been a huge lesson in cutting losses. If a project doesn't have a clear roadmap or any significant updates within 6-12 months, it's probably time to reconsider. I'm thinking of setting a deadline for my own investments to avoid getting stuck in a similar situation.
I'm currently in a similar situation with a project I had high hopes for, but it's clear the ship is sinking. For me, the turning point was when the devs stopped pushing updates and engagement started to dwindle on social media - that's when I knew it was time to start thinking about cutting my losses. Has anyone else got any experience with navigating these types of exits?
Honestly, if the tokenomics are wrecked and the team's ghosting, it's already over. Don't let sunk cost fallacy keep you trapped in a bad trade. Better to take the L and move on to the next play.
Honestly, if the community has gone quiet and the roadmap is stalled, it's time to cut your losses. Don't get married to a bag just because you bought the top; opportunity cost is real in this space. Take the L and move on to the next play.
Honestly, if the project has zero momentum or the team is radio silent, just take the L and move on. Don't let sunk cost fallacy turn you into a permanent bag holder waiting for a miracle bounce.
Honestly, I've been in similar situations where I just held on too long and watched my investment tank, so to answer the question - it's subjective, but if you're down 50% or more, it's probably time to reevaluate. Holding onto a losing asset just to break even or make up losses can be a slippery slope. If it's no longer aligning with your investment thesis, it's usually better to cut your losses and move on.