Waterfall, you need to assess your own risk appetite. You don't sound like you should be in the game.
For me, I like to hedge a little and not be too gung ho. I went in hard at around 3 cents and today sold half of my holdings at a bit over 6 cents. What I'm holding now are akin to "free" shares. I'm happy to keep holding these now for the medium term. I don't dwell on the fact that I could have sold my half at 8 cents. I've made a decision based om my own risk appetite so I move on.
You sound risk adverse. Maybe have a think of what your strategy should be and then stick to it.
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