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@thewarden
3D¡

What to do with DeFI Tech?

$$DEFI (+0%) is dragging on my portfolio significantly. My entire portfolio YTD gain is now effectively zero, as I over-invested in $DEFI (+0%) (-27%.curremtly) and wondering if it makes sense to cut my losses before their earnings? The fundementals seem ok, but it also seems a gamble with this small cap.


What would you do?

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6 ComentĂĄrios
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doyoueventradebro@doyoueventradebro
3D
i sold my position a couple weeks ago with a hefty loss in order to reinvest. defi tech only knows ine direction right now
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UliB@UliB
2D
@Tenbagger2024 What is your current assessment of the situation? Do you have any new information? 🙏
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Tenbagger2024@Tenbagger2024
2D
@UliB
Bitcoin was down 16% in the month. That pulls Defi down enormously. I can't find anything negative in the news. Bitcoin has to perform first
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UliB@UliB
2D
@Tenbagger2024 That's what I thought. "Reassuring" that you see it that way too . 😉
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Tenbagger2024@Tenbagger2024
2D
@UliB
Yes, unfortunately. I had really expected Bitcoin to perform better at the end of the year. I think an end to the shit down could still cause some movement. And it is uncertain whether the interest rate cut will come in December
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Tenbagger2024@Tenbagger2024
2D
@UliB
$COIN has also lost almost 20 % on a monthly basis. I therefore see the problem more in the sector
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