Critique of Selling at $700 — Reassess Before Dumping
You're dumping them for $700 — that sounds like a knee‑jerk sale to me. I wouldn't assume that's optimal without checking position sizing and target price.
If $700 is well below my valuation or break‑even, I'd at least pause and reassess risk rather than automatically liquidate.
Analysis
Recommendation
Pause and review your cost basis, target levels and liquidity needs. If $700 is below your fair value and you can tolerate risk, consider holding or selling only a portion rather than a full dump.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.