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Topic: Altcoin dilemma. (Read 849 times)

member
Activity: 845
Merit: 52
June 03, 2020, 11:03:27 PM
#68
I will rather hold them or would have bee trading them at every great spike and buy lower again just to increase my bag. You are not alone. I made some blunter in 2017 which daily consistency and handwork have since corrected. If you are scared of trading. Just buy more of these coins at their low rate and sell off at profit or keep accumulating for the long term.
hero member
Activity: 1554
Merit: 503
June 03, 2020, 07:36:14 PM
#67
Do not sell, hold on it have patience you will need lot of patience don't hurry. Coins you are holding is the best coins all you need is good time and patience. I know how difficult it is but there is no way.
hold it for too long I think it's not good even though it's the best coin, because I also held etherium at a high price for up to 2 years there hasn't been a change and finally I sold my etherium at a cheap price, because at that time the price went down, and even then I was forced to sell it because there was daily needs that I must meet
hero member
Activity: 2814
Merit: 576
June 03, 2020, 06:58:09 PM
#66
Hi all,

So I had bought a few alts two years ago when we thought that things will keep going up and up. Two years down the line in a pathetic look at my portfolio it hurts. I had gotten in ETH at around 500, ADA at 0.70 and NEO around 80 dollars. What is the best way forward? Sell them and get in lower? modify my portfolio to todays prices or forget them and hope that some day it will go back up?

first you need to do an analysis with you alts above,,
if you predictions the price from your alts above will down more, just sell it now and buying back in the lower price
second if you can't predict the price, just hold mate, because you hold a very promissing altcoins Wink
Yes. You have potential altcoins in your portfolio and i think it will give you huge profits once the market turns to bullish. Just learn to be more patient in holding those altcoins because if it will not make good increase this year, it will eventually happen in the months or years to come. Do not be panic once you see the altcoins rice dump more because it will never stay in that price forever knowing that this crypto market turns its price upside down.
sr. member
Activity: 1050
Merit: 250
Revolutionizing Reward Points
June 03, 2020, 03:44:43 PM
#65
Hi all,

So I had bought a few alts two years ago when we thought that things will keep going up and up. Two years down the line in a pathetic look at my portfolio it hurts. I had gotten in ETH at around 500, ADA at 0.70 and NEO around 80 dollars. What is the best way forward? Sell them and get in lower? modify my portfolio to todays prices or forget them and hope that some day it will go back up?

first you need to do an analysis with you alts above,,
if you predictions the price from your alts above will down more, just sell it now and buying back in the lower price
second if you can't predict the price, just hold mate, because you hold a very promissing altcoins Wink
legendary
Activity: 3318
Merit: 1128
June 03, 2020, 03:20:55 PM
#64
So I had bought a few alts two years ago when we thought that things will keep going up and up. Two years down the line in a pathetic look at my portfolio it hurts. I had gotten in ETH at around 500, ADA at 0.70 and NEO around 80 dollars. What is the best way forward? Sell them and get in lower? modify my portfolio to todays prices or forget them and hope that some day it will go back up?
Even now seems a bit late to me, you should have said this since and taken action all this while that the price of cryptocurrencies were down due to the Coronavirus. I don't see the need for selling those altcoins at this time, I will advise you to continue holding the coins and if you have money you can buy more coins and add to the ones you already have. And after that you can then wait for what's going to happen next.

From various research that I have made, the price of coins in the cryptocurrency market, especially Bitcoin will be going up. I can't tell when it's going to be, but it's going to happen. I have always believed that the bull run will be this 2020 or next year ending. It's still up to you on what you want to do.
hero member
Activity: 1432
Merit: 500
June 03, 2020, 11:00:22 AM
#63
Do not sell, hold on it have patience you will need lot of patience don't hurry. Coins you are holding is the best coins all you need is good time and patience. I know how difficult it is but there is no way.
member
Activity: 124
Merit: 10
June 03, 2020, 07:33:34 AM
#62
Hi all,

So I had bought a few alts two years ago when we thought that things will keep going up and up. Two years down the line in a pathetic look at my portfolio it hurts. I had gotten in ETH at around 500, ADA at 0.70 and NEO around 80 dollars. What is the best way forward? Sell them and get in lower? modify my portfolio to todays prices or forget them and hope that some day it will go back up?
If you holding on the hope that someday, it will bound back then I've bad news for you. You won't see ETH comeback to $500 or Ada unless you decide to hold it very long. By very long I mean that is lock up and throws away the key for years before deciding to check its price. Sound unrealistic, right? It's better for you to cut and goes lower and try to make it back with trading gains from time to time. Much more realistic than sitting around waiting for $500, $300 mark sound more sensible if you want to hodl.
sr. member
Activity: 1428
Merit: 251
June 03, 2020, 06:31:45 AM
#61
Hi all,

So I had bought a few alts two years ago when we thought that things will keep going up and up. Two years down the line in a pathetic look at my portfolio it hurts. I had gotten in ETH at around 500, ADA at 0.70 and NEO around 80 dollars. What is the best way forward? Sell them and get in lower? modify my portfolio to todays prices or forget them and hope that some day it will go back up?

Selling it now loses, but if it doesn't sell, our portfolio goes down. In my opinion if we hold coins like Ethereum, the rational choice is to hold for the long term. I think the decline in portfolio value is experienced by everyone and we don't need to panic to sell it
copper member
Activity: 966
Merit: 14
June 03, 2020, 06:06:12 AM
#60
These are good coins I must say starting from Ethereum followed by ADA and NEO; all these coins have good platforms and good communities as well, also their team are active as can be seen in the case of Ethereum where an upgrade is coming soon, the same with ADA too. With these few points, I would suggest you hold them a bit more as they have a good future ahead of them. But however, if you are still sceptical, you can sell half of each of the coins and hold the rest.
full member
Activity: 994
Merit: 100
June 02, 2020, 08:50:23 PM
#59
version 2.0 will be coming soon so you should keep hold of the eth you have because many believe it will experience price increases, for other coins you mentioned I don't know maybe you can determine for yourself
hero member
Activity: 3010
Merit: 629
June 02, 2020, 08:48:52 PM
#58
You are in the situation like other investors who buy due to fomo. They thought the price will continue to rise and disregard the risk of buying at high price. Its hard to see our assets losing its value and cant climb up the way you wanted it to be but thats how crypto works, unpredicted and it takes long period before you can a possible alts bullrun again. I suggest to continue to hold if you dont need the money yet since you already wait longer so have more patience, as the saying good things will come to those who wait.
full member
Activity: 770
Merit: 113
June 02, 2020, 06:58:25 PM
#57
Hi all,

So I had bought a few alts two years ago when we thought that things will keep going up and up. Two years down the line in a pathetic look at my portfolio it hurts. I had gotten in ETH at around 500, ADA at 0.70 and NEO around 80 dollars. What is the best way forward? Sell them and get in lower? modify my portfolio to todays prices or forget them and hope that some day it will go back up?
You have been in this ecosystem for a long time, you should also know that you really understand what you are supposed to do.
It all depends on your decision. If you already benefit at current prices, then sell a portion and enjoy your profits to invest in other investment products that are more stable, for example gold. But if you have not reached the price of the initial capital, then you should wait patiently. If you believe there will be a big pump as a result of halving, then just wait until the alt season comes. If you are not sure then sell it.
full member
Activity: 616
Merit: 108
io.ezystayz.com
June 02, 2020, 04:17:47 PM
#56
Hi all,

So I had bought a few alts two years ago when we thought that things will keep going up and up. Two years down the line in a pathetic look at my portfolio it hurts. I had gotten in ETH at around 500, ADA at 0.70 and NEO around 80 dollars. What is the best way forward? Sell them and get in lower? modify my portfolio to todays prices or forget them and hope that some day it will go back up?

There's a general saying in cryptocurrency market that you only lose when you sell at a price lower than your entry point but to be honest, you've done quite a hodling there man.... It's 2 years already but the price seems never to get up higher than your entry points. My advise is for you to sell off whenever the market shows an upsurge and wait till you you see a down movement before getting in again
newbie
Activity: 3
Merit: 0
June 02, 2020, 03:57:59 PM
#55
The top 3 altcoin on my list is

Zilliqa
Nimiq
Iotex

Zilliqa was up 168.6% in May alone  Shocked Shocked

Do you're own research and be patient  Grin Grin Grin
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
June 02, 2020, 03:38:23 PM
#54
Back to the days when you bought these altcoins, why did you buy them? To sell them in a loss? No probably you saw a big potential there due to the tremendous technology behind them. So continue holding, all of them are working hard to satisfy the investors.  Smiley

I mean all cryptocurrencies back then were at boom each coins are going up and each day their value only gets higher, but same as gravity what goes up must come down and most holder lost their hope on their cryptocurrencies which only made things worse.
Did I missed something in here? all cryptocurrencies back then are going up? I bet you are only focused to those worthy to mention coins like bitcoin and etherem, coz honestly back then I was an investor on projects, it was good at the first year I had a good returns in good projects there are also regretful ones but then it started to turn tables when 2018 came in, the price of bitcoin is hitting low and so the whole market did. I just disagree partially on the thing you said that cryptocurrencies are all growing even back then.

Anyways I assume that waiting for it to go back is a optimistic choice but sometimes its better to cut loss than to give yourself false hope and lose it all.
There is nothing wrong with cutting your losses, in fact that might save you however also think that you are just losing the value in a specific time, you are just losing from that time it might bounce back, remember patience?

The better option is to give yourself a highest possible and lowest possible margin where if it reaches one withdraw.
But how do you look on the margins? based on your capital or in what you just want to lose or gain?
full member
Activity: 1176
Merit: 162
June 02, 2020, 03:15:57 PM
#53
The coins you were investing are pretty decent, I have a bet that it will recover and surpassed their All-time high price. I will only mention NEO ATH is about $200, I guess it is 90% dump from its ATH and it is too late to sell it now because the price is only $12 you will suffer even more. Most altcoins are dependent on Bitcoin so if bitcoin will jump it will bring some altcoins. Your best option is to HODL but the final decision is yours.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
June 02, 2020, 02:55:31 PM
#52
Hi all,

So I had bought a few alts two years ago when we thought that things will keep going up and up. Two years down the line in a pathetic look at my portfolio it hurts. I had gotten in ETH at around 500, ADA at 0.70 and NEO around 80 dollars. What is the best way forward? Sell them and get in lower? modify my portfolio to todays prices or forget them and hope that some day it will go back up?

There are many like you who bought at this price. And now they have lost a lot of funds. I don't think it would be right to sell now that you are in that position. Now be patient and hold your coins. If the market recovers, then there will be a chance to get the funds back. And now if you have some extra funds, you can buy some more coins at a lower price. As a result, if the market recovers, your losses will be recovered quickly. But the risk remains in the crypto market, so don't invest everything.
sr. member
Activity: 798
Merit: 250
homt.net
June 02, 2020, 01:12:43 PM
#51
Hi all,

So I had bought a few alts two years ago when we thought that things will keep going up and up. Two years down the line in a pathetic look at my portfolio it hurts. I had gotten in ETH at around 500, ADA at 0.70 and NEO around 80 dollars. What is the best way forward? Sell them and get in lower? modify my portfolio to todays prices or forget them and hope that some day it will go back up?

It very unfortunte you bought those three altcoins at those exubitant prices when compared to the current market situation however I would advice you don't sell them now because you would incure some loses. Please keep them and buy more so as to be active in the market, you might be lucky in the near future when prices will soar.
full member
Activity: 542
Merit: 119
Hello World 👽
June 02, 2020, 01:04:00 PM
#50
You could have jumped out before you lose so badly. And right now, you are at over 50% lose. You shouldn't sell because you have been holding all for years with hope, so why not continue holding.
That's why we have to make believe in our instincts and have to follow it when the situation won't get under control. I would do agree with you not to sell the coins at the moment because if you have held it for a very long time then why would you are selling it right now. Perhaps holding would be become a helpful move.
hero member
Activity: 1316
Merit: 503
June 02, 2020, 12:49:23 PM
#49
Hi all,

So I had bought a few alts two years ago when we thought that things will keep going up and up. Two years down the line in a pathetic look at my portfolio it hurts. I had gotten in ETH at around 500, ADA at 0.70 and NEO around 80 dollars. What is the best way forward? Sell them and get in lower? modify my portfolio to todays prices or forget them and hope that some day it will go back up?
You will not lose it if you do not sell it. The project you mentioned is also still consistently developing so far. There is no reason to sell it.

If you have a job outside of crypto, make a new portfolio with the latest prices, but if not, stay patient.

Withdraw funds if an emergency occurs.
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