When you hold a heavy bag and you decide to sell that bag to

I'll tell ya a story about when I first started crypto. I put 3 grand in and watched 40% of my portfolio vapor away due to buying Bancor ICO. I sold half my BNT at a loss and traded my way back to a 7x return from 3k and was able to buy back all the BNT I sold at a loss. If you have the balls and know your making a confident trade then go for it.

>>3418191
Your logic is correct. It's a mental trap to think about your entry point and wanting to hold the coin that lost you money. If there's better opportunity elsewhere e.g. that other bag, then it makes sense to go after it. Where you could go wrong though is if your predictions are bad, which is likely, hence why many people would tell you to hold anyway.

There is no bag.
There never was a bag.

>>3418191
Your bags are worth whatever you can sell them for right now.

Thinking you somehow haven't lost money unless you sell it is retarded.

As far as you're going into something solid, you're trading a bags of bottle caps with a bag of gold.

So it's not considered a loss.
If you're going into a bigger bag just fucking quit or you'll be homeless in few years.