Just sold this at 17% loss

just sold this at 17% loss

I know it was retarded to buy but was it also retarded to sell at a loss?

Attached: lition.png (324x155, 2K)

u did good
you learnt your lesson hopefully like me

so basically, you're an idiot (like many here) that if you buy a coin and you dont make 300% profit in 48 hres, u will calll it a scam and sell it at a loss?

am I right?

buy high sell low, lition will be useless with ethereum 2.0. this is going to zero

the average IQ of Jow Forums is really low

I still think LIT is a good project

I didn't sell because I consider it a scam. I sold because I believe I can buy my bag for half the amount in a month from now

better than selling it at a 90% loss, which it will be

You never want to be married to an investment. It hurts, but sometimes you just have to take an investment out back and shoot it. Its better to sell at a 17% loss than to hold until zero a few months from now. Learn from this mistake, and be grateful it was only 17%. You will do alright, user.

You did better than me.. bought for 1 Eth, down almost 40% last time i checked.
At this point i have given up on that Eth, just letting it go to zero, or the one in a million chance it will go back and i can break even.

It's a messed up mentality, if i had 0.5 Eth i could spend on a token on IDEX today, i would never buy Lition. But because things occured in the past (i lost money on Lition) i am content with having 0.5 Eth in lition and just let it bleed out - which i suspect it will..

hours
Been bleeding for weeks

The ONLY times you sell at a loss should be
>reinvesting into something better (be sure that it's actually better and you're not jumping from one scam to another)
or
>the project is 100% confirmed dead

If you sell something at a loss and you aren't sure what to buy next then you went full retard and you need to think long and hard about why you bought LIT in the first place. My guess is that you saw it shilled on Jow Forums like every other scam that appears on here.

Why do you think this is a good project?

Came to grips he made a mistake on his investment, but cannot admit he put his money into literal crap

Now's the time to buy into the coin that will undoubtedly reverse your losses. Chx

That is what I suspected as well. Funny how people would rather lie to themselves than face a mistake, even when putting their productivity on the line.

I think it has more substance than most projects outside of top100, also due to their funding and partnerships they are the type of project to suddenly announce something crazy that will pump it

that doesn't make sense. aside from being irrelevant. In crypto 'being a legit' project doesnt decide where you go short term. I sold due to 'TA' only, a coin that dumps so rapidly will not bottom out anytime soon

>eth 2.0
>not gdpr compliant

It’s sad when the shills convince people it’s a “legit” project, look at FTM as an amazing example. In any case you are mega coping, been there done that it’s natural

i sold at 30% loss.. it's down another 33% after i sold. not buying back because this shitcoin is going down 99%

Will pump this month

Your investment justifications boil down to a couple of buzzwords? What substance does it have that other projects don’t specifically? What do you mean their funding? An 8M ICO? Not unsual, and their partnerships are with large corporations are totally uncorroborated. To your second point, you shouldn’t be investing in crypto short term. The true profit potential is realized only in long term time horizons making fundamentals absolutely key.

why coping?

mý loss isn't easier to handle by thinking I invested in a legit project. The reasoning behind the mistake doesnt matter to me at all