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Topic: - 200 % from January - page 2. (Read 562 times)

member
Activity: 336
Merit: 71
October 31, 2018, 08:46:47 PM
#31
Seems like a viable strategy if you fully think ICX is the future, and quite a few do.... cost averaging is the best thing you can do to fix your mistake, but you will have to sell some of your stacks as you move in profit before you would likely want to because you'll need stacks in case it flops again to keep participating buying down.. good luck though, I know how you feel and I think you're doing the best thing you can, even if it hurts.... but this is why they say don't catch falling daggers and wait for bullish confirmation before buying things.
sr. member
Activity: 1624
Merit: 267
October 31, 2018, 07:23:44 PM
#30
The only way to get back your capital is to hold  your coin that you have because if you sell your coin you don't have any chance to get your capital back unless you have patient wait to increase again the price snd sell it to get back your capital and the good with this you can also earn profit depends on the coin the price increase the vakue.
hero member
Activity: 2912
Merit: 642
October 31, 2018, 06:58:21 PM
#29
Well, shit happens.

I dont think you are the only one which is in the same position.
In fact, many of us here have lost a lot of USD. But that is one problem only of those who converts too much.
Stay with the game. You bought a crypto token or a coin, that means you believe in crypto currencies and not the fiat..
Yeah  we all need the fiat for now. But if you are still earning fiat then it is easy while on the other hand you cannot earn crypto now. You buy it for future usage.
hero member
Activity: 2856
Merit: 655
October 31, 2018, 05:33:31 PM
#28
In the time when you have bought your Bitcoins everyone was thinking the price will go high beyond all limits and they were buying Bitcoin no matter the price.
Of course, that was mistake because such huge price was actually short term peak of Bitcoin that didn't last. But again, at that time no one or very few were thinking that way.
It's good that you haven't sold your coins because you still have the chance to recover the loss, at least partialy.
No one knows if it would head on the same path or situation but for sure it would be on less chances.The good thing that the didn't panic sell even the market becomes worst
as the days goes by here on this market. Accumulating on dips isn't a bad idea but identifying which range is the most difficult part that's why these kind of mistakes is really inevitable.
I don't know where he do get that -200% though.
full member
Activity: 532
Merit: 103
Fast, Smart, Trustworthy
October 31, 2018, 05:25:11 PM
#27
Hello , in january i did a bad buy and now i am - 200 % i bought ICON at price of 0.00042 BTC after it drop drop , i bought more at 0.00026 i was think this is the bottom but not ... i bought more at 0.00017 this to me was very low price ... now i try to buy more more at this bottom price right now 0.00010 ... i hope Icon will go back to 0.0003  to recover all back . i also made different investment not only icon . so i hope i will be able to return the lost Money , now i am waiting , hope to see the price rise again . i learn many things from this .
Too bad you bought at the peak of almost all crypto so you maybe not alone in this arena. But you have to manage your risk and stop further losses. But if you're a long term investor and believes in the power of your project maybe you want to accumulate more in times like this when the prices are low.
full member
Activity: 630
Merit: 100
October 31, 2018, 05:24:41 PM
#26
It interesting to see that you stay the course on your investment decision on a coin you believe in. Never worry about recovery because it will happen so long  you hold.  But if you sell for any reason,  then the show will be over!
legendary
Activity: 2912
Merit: 1068
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October 31, 2018, 04:47:15 PM
#25
In the time when you have bought your Bitcoins everyone was thinking the price will go high beyond all limits and they were buying Bitcoin no matter the price.
Of course, that was mistake because such huge price was actually short term peak of Bitcoin that didn't last. But again, at that time no one or very few were thinking that way.
It's good that you haven't sold your coins because you still have the chance to recover the loss, at least partialy.
hero member
Activity: 1232
Merit: 738
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October 31, 2018, 04:29:01 PM
#24
Hello , in january i did a bad buy and now i am - 200 % i bought ICON at price of 0.00042 BTC after it drop drop , i bought more at 0.00026 i was think this is the bottom but not ... i bought more at 0.00017 this to me was very low price ... now i try to buy more more at this bottom price right now 0.00010 ... i hope Icon will go back to 0.0003  to recover all back .
if you bought at 0.00042 and it is now 0.00010 that means the coin loses 0.00032 in price
there's no such thing as -200%, so in your case the price decreases by -76% (32/42)
but since you bought some more multiple times at lower prices, your average cost should be lower than 0.00042
and as you said, your recovery price is at 0.00030 which means 200% price increase (from 0.00010)
newbie
Activity: 32
Merit: 0
October 31, 2018, 03:46:23 PM
#23
Every one will tell to wait but before that you have to see that whether the ICON coin developer is still working on his project and it is active because if developer left the coin then it is waste to invest more as it can be dead coin any time.

I also invested in TIME, VSL, ICONOMI, all prejects ICO were very super and it also went up but after the market decline this coins price also declined but now they are almost dead price. VSL coin their is no news and TIME is giving news but price movement is very low. ICONOMI is worst the changed their concept after ICO and now they are almost dead to their coin.

So the theory is check the coin is worth to invest more so in future you get profit. Or better invest in bitcoin so that in future you buying price surely come and you wont be in loss only you have to wait for some time to hold it.

Invest in BTC  Cool fo shizzle!! Accumulate as much as you can
hero member
Activity: 2548
Merit: 533
October 31, 2018, 03:29:22 PM
#22
Hello , in january i did a bad buy and now i am - 200 % i bought ICON at price of 0.00042 BTC after it drop drop , i bought more at 0.00026 i was think this is the bottom but not ... i bought more at 0.00017 this to me was very low price ... now i try to buy more more at this bottom price right now 0.00010 ... i hope Icon will go back to 0.0003  to recover all back . i also made different investment not only icon . so i hope i will be able to return the lost Money , now i am waiting , hope to see the price rise again . i learn many things from this .
You made a good decision for your portfolio so that you will be able to recover all of your lost investments. We just have to wait the bull run to come and i think it's nearly to happen. With just a few updates from the people here or from the news we can then manage to get a hint to when to sell most of our coins so that we could gain back our lost profit.
sr. member
Activity: 448
Merit: 281
October 31, 2018, 03:24:47 PM
#21
Honestly, how can you have MINUS 200 when the most you can get is minus 100 which means it went to zero.
Yours did not went to zero but there was couple coins that actually reached into 90%+ loss which is insane to think about.

It is not ICON only, there are man coins out there like nano that went down 98% at one point which is really dangerous to think about. You get in with small numbers and that is still fine however think about someone who got like 10 thousand dollar worth of nano and now sitting on 200 dollars or something, that is really risky and could make someone get away from crypto trading forever.

Yours is just lost like 3/4 of what it used to be and that is not horrible in this market, unfortunately that is still better than what ethereum did for example, so you are fine, with one bull run you will be above what you need.
sr. member
Activity: 882
Merit: 297
October 28, 2018, 05:36:16 PM
#20
Every one will tell to wait but before that you have to see that whether the ICON coin developer is still working on his project and it is active because if developer left the coin then it is waste to invest more as it can be dead coin any time.

I also invested in TIME, VSL, ICONOMI, all prejects ICO were very super and it also went up but after the market decline this coins price also declined but now they are almost dead price. VSL coin their is no news and TIME is giving news but price movement is very low. ICONOMI is worst the changed their concept after ICO and now they are almost dead to their coin.

So the theory is check the coin is worth to invest more so in future you get profit. Or better invest in bitcoin so that in future you buying price surely come and you wont be in loss only you have to wait for some time to hold it.
sr. member
Activity: 1624
Merit: 250
October 28, 2018, 05:22:19 PM
#19
The sharp drop of prices gave everyone that feeling and now the lowest price is unknown. Most of the digital currencies currently traded are lower than the ICO price. We don't need to worry anymore, the price can not just move up, sometimes prices may also be on holiday. We just need to wait until the time comes.
jr. member
Activity: 228
Merit: 4
October 28, 2018, 04:34:26 PM
#18
-200% ?
Well that's a first.
member
Activity: 332
Merit: 10
October 28, 2018, 02:39:07 PM
#17
That's the destiny of most altcoins. No matter how good the project is, the price of its coins is incredibly low comparing with the price which was half a year or more ago. Wanna believe that we'll see the market recover soon.
jr. member
Activity: 1232
Merit: 1
October 28, 2018, 01:50:26 PM
#16
I am waiting for price rising because I invested about $10000 in cryptocurrency market but I can't get any profit till now ..I am always frustrating because if market don't get back and my all dollars remain losses . please comeback market.
sr. member
Activity: 588
Merit: 257
October 28, 2018, 12:05:30 PM
#15
That's big dump man, very big dump. I mean thats big dump and I believe that it will take big time for you to recover. I mean in crypto you can expect the boom to come but that can take huge time to do so. I mean crypto currencies are volatile and mostly they tend to go down very fast as there are more dumpers than supporters all the time. ICON is also looking like going out of the way so you my not expect anything more out of it. Its better to wait for little spikes, reduce the loss and get out of it. Thats the only solution for you I guess.
member
Activity: 462
Merit: 10
October 27, 2018, 10:18:38 PM
#14
Yes i learnt much thing from this big crash, we should be never be greedy and never ever FOMO because all price of crypto can be back to the lowest price. From this big crash, just now i make others better strategy to keep the profit. Enough only 1 times i loss much money in crypto and i will never do the same mistake again. Hopefully bull market is near so i can recover all my losses.
member
Activity: 476
Merit: 10
October 08, 2018, 08:56:39 PM
#13
I also loss alot of money from market crash.  If we trade crypto does not use margin,  we still have opportunity to recover loss but we should  be patient waiting for bull market,  Crypto is will never all the times in bear market but its will be change to bullish,  but we did not know when it is start so keep patient and we will rewarded. 
hero member
Activity: 2408
Merit: 516
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October 08, 2018, 12:16:08 PM
#12
The best time to buy a token is when it is at its bottom , not when it is going down or when it is rising. The difficult part of the decision is knowing the bottom of the dip. The only meter for price swing is bitcoin, it still hold more than 50% of it dominance in price and volume daily. The only reliable token are the exchange tokens, other coin will require comparing competitive/alternative project's prospect and value.
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