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RE: What am I going to do with my bad positions and trades during a correction?
Good post my friend. Keep it up! In my opinion there is no better time to buy-in when everyone is selling. Things get undervalued. Did it even went more down, just buy more to get the average price down, so you can make profits on a earlier stage when it starts going up again. But choose wisely in what to invest. :) But there is one thing I don't do. Day trading. I am more interested in where this startups will be in the next 5 or 10 years.
I always ask myself.
- Do I understand it.
- Would I use it.
- What disruptive value has this coin/platform
- What it can mean for the future
And when i want to do crazy for no reason I anticipate on what other people would do. :)