@ndavis955 on ETHUSD | PriceONN Community
I'm really starting to worry about ETHUSD. I bought some around 2100 earlier, thinking it was a good entry point, but now it's dropped below 2060. My position is deep in the red and I don't know what to do. Should I cut my losses now or hope it bounces back?
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I'm just staring at the chart now, seeing ETHUSD drop below 2050. It feels like it's just freefalling. I wish I had sold earlier when it was at 2080 or even 2070. Now I'm scared to even look at it. I keep thinking, what if it goes all the way down to 2000? Or even lower? I didn't think it could drop this fast. I'm just going to watch for now, but honestly, I'm not sure if I should just close the position and take the hit. This is way more volatile than I expected.
Seriously, @AmandaMiller90, you called this out. I didn't listen and now I'm paying for it. That 2150 resistance you mentioned really did hold, and the dump has been brutal. I'm sitting here watching the price fall further, way past my entry. I thought maybe it would recover, but it just keeps going down. I'm so close to hitting my stop loss, I don't want to see how much that will be. Maybe I should have just sold when it dipped below 2100. This is rough.