Topic: Altcoin dilemma. - page 2. (Read 849 times)
Patient friend, because I also experienced the same thing as you feel, for now the right step is to be patient and hold coins in your portfolio until the time comes because if you exchange them now for money then your patience for 2 years will be in vain.
It's sad to see the currencies you hold are all falling. I think at the moment investing in bitcoin is the best option, you can sell some altcoins and focus your investment on bitcoin.
If you still believe in the project, you can still hold it. Or if you are not sure and see a new opportunity to return the funds, then you can release them.
It is difficult to give you the right advice at the present time. I personally have invested in many altcoins and have failed, my decision is to revise the portfolio. Instead of investing in too many currencies as before, I currently invest only in some of the top coins in the market.
You can refer to my decision, good luck
You can refer to my decision, good luck
sorry to hear that,
The coin you choose is good because it has good prospects for use as a long-term investment. Only the current crypto market conditions are not supportive.
I suggest you be patient for a while until the crypto market is skyrocketing again.
The coin you choose is good because it has good prospects for use as a long-term investment. Only the current crypto market conditions are not supportive.
I suggest you be patient for a while until the crypto market is skyrocketing again.
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?
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 waited to long why not extend it further, if you are following the market, the market is moving fine and stable even if we are in pandemic,
you will be sorry if you sell those coins at this point in time, we just finish the halving and we are waiting for the market to improve and it will not be to long.
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. 
I agree with you, in fact, when one buys an alt it is because he sees potential in the project.
For example, many saw the potential in ethereum, in tron and in eos that make it possible to make smart contracts and dapp.
Now for example I'm looking at LUKSO, a very interesting project.
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.
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.
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.
The better option is to give yourself a highest possible and lowest possible margin where if it reaches one withdraw.
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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.
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?
I feel you mate, I have also experienced that during 2018. I was bought a couple of altcoins to hold and hoping that the price will go up just like bitcoin but I was wrong, In the last quarter of 2018 the market becomes worse and the price of my holdings continued to dip. at first, I was no intention to sell my holdings But in 2019 I've changed my mind to save the remaining value of my holdings even I sell it in a loss. 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 I were you I would still hold the coin and wait for the right time to benefit, you must be smart in seeing opportunities, use your funds as well as possible and remain optimistic about the coins you buy, no one knows what will happen in the future, only patience will be your key.
you should be patient, but also follow news regarding projects that you have investment in, since you can be sure that no future price will be if there is no development on the project, if there is development, you can expect something from your investment in the future, it is not for sure, but first step in the project is to have on-going development
if I were you I would still hold the coin and wait for the right time to benefit, you must be smart in seeing opportunities, use your funds as well as possible and remain optimistic about the coins you buy, no one knows what will happen in the future, only patience will be your key.
What I did as a feel good factor is that I created a new portfolio with todays prices to mimik selling my stash and buying in at a lower price. At least im seeing green and makes me feel good 
You modify it and you lose more.
There's still a chance with Ethereum since a staking process will take place.
Don't sell them.
Now, about the other coins, I don't really know what to do with them.
IMO, I will let it stay intact. I won't hurt myself by selling it. It will be long sleepless nights after selling it while knowing I lose a lot.
There's still a chance with Ethereum since a staking process will take place.
Don't sell them.
Now, about the other coins, I don't really know what to do with them.
IMO, I will let it stay intact. I won't hurt myself by selling it. It will be long sleepless nights after selling it while knowing I lose a lot.
Is 2.0 still going live in July-ish?
maybe, something rumors at ethereum birthday on july 2020.Quote
Developers are now eyeing the network’s fifth anniversary, July 30, 2020, for Eth 2.0’s debut.
read : https://www.coindesk.com/95-confidence-ethereum-developers-pencil-in-july-2020-for-eth-2-0-launch
https://www.reddit.com/r/ethereum/comments/cdg8v6/ama_we_are_the_eth_20_research_team_pt_2/
Well the best way out of this in my opinion would be to double down on your position. Buy more so that with the upcoming rally, you can easily offset your losses and hopefully make so nice gains. This is no financial advise though but that is what I would do if I were you.
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 are not just alone. I must be one of them like you who had burnt the fingers by choosing altcoins for investments. As you have mentioned that your prices in USD, I believe you got plenty of chances to reach those price levels regardless of how those coins will be performing but bitcoin price will skyrocket to get you sure profits. But, my case is totally different than you.Yes, I do calculate my profit/losses in terms of BTC rates. I have bought ADA for example when it was 2000 satoshi and now it is recovering around 800 satoshi after last 4 days of recovery. I bought few ethereum on the prices around 0.035 BTC. I do not calculate my profits in altcoins investments in fiat value because I started my altcoin investments with the plan of maximizing my bitcoin stash; so there is no meaning of calculating my profit levels in fiats.
Is 2.0 still going live in July-ish?
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?
I quoted right post below ︾ for suggestionDon't hold altcoins, sell it, buy Bitcoin and Hold it for 3-5 years.
and you never late to sell it, Just keep your Ethereum for 2 years from now or sell it when POS FOMO.same suggestion here. based on what the OP stated, I have good feeling with eth in the next couple of years or less. after this Eth 2.0, we may see good progress in terms of its price. right now, it is still doing good but of course it is way below from when the OP bought it. but imo, eth is one of the alts which is worth the wait. so OP just hold on to your eth for now...
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?
Such happened to me already, but I'm still holding strong, it might take longer than you could ever thought but you've actually lose if you sell, NEO is a very good altcoin that follows every steps of Bitcoin, everything depends on future value of Bitcoin so relax and keep holding 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?
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