do you think i should sell my coins to cut my losses?

legenduim

full member

Activity: 588

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Quote from: vince212 on February 01, 2018, 08:33:30 AM

hi guys right now im hodling ada,nem,xmr,waves,utrust,ast,xrb,vib
my initial capital was 4000 usd.
i am down 50%.
do you think it is better to cash out now and just invest it to a safer investment like Land or stocks
i have a 7x 580 and 1070ti mining and just rely on that to buy cryptos?
or do you think i should hodl

The situation is unclear and I don’t support the decision to sell coins. It is necessary to wait for some time until the most of your coins will start rise. That’s my point of view in all this stuff.

Sniar

sr. member

Activity: 560

Merit: 250

Quote from: Specialforce on February 20, 2018, 09:28:17 AM

patience is the key my fellow crypto friend you should hold then to compensate it on the future whenever it pumps again but it is your own choice whenver you want to sell it or hold them

The topic were created at the times the market was fully red. Stop necroposting with weird advices.

Specialforce

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Activity: 378

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patience is the key my fellow crypto friend you should hold then to compensate it on the future whenever it pumps again but it is your own choice whenver you want to sell it or hold them

anjohyx

member

Activity: 451

Merit: 10

Quote from: ngusmin on February 20, 2018, 09:20:00 AM

Quote from: vince212 on February 01, 2018, 08:33:30 AM

hi guys right now im hodling ada,nem,xmr,waves,utrust,ast,xrb,vib

my initial capital was 4000 usd.
i am down 50%.

do you think it is better to cash out now and just invest it to a safer investment like Land or stocks
i have a 7x 580 and 1070ti mining and just rely on that to buy cryptos?

or do you think i should hodl

Hold it better, sell some of your coins is not a way to reduce losses, but will make you lose. Be patient and wait, coin prices will rise again.

Ya , crypto invest most important is be patient , don't scare when your investment -50% or more , after dip then price must rising again , sold now and regret later or wait a little time to get big profit, it's up to you

ngusmin

copper member

Activity: 497

Merit: 0

Quote from: vince212 on February 01, 2018, 08:33:30 AM

hi guys right now im hodling ada,nem,xmr,waves,utrust,ast,xrb,vib

my initial capital was 4000 usd.
i am down 50%.

do you think it is better to cash out now and just invest it to a safer investment like Land or stocks
i have a 7x 580 and 1070ti mining and just rely on that to buy cryptos?

or do you think i should hodl

Hold it better, sell some of your coins is not a way to reduce losses, but will make you lose. Be patient and wait, coin prices will rise again.

icopir

member

Activity: 350

Merit: 10

It is better to keep the altcoyins in order to compensate your losses in the future, you just need to have patience

okala

full member

Activity: 980

Merit: 115

Quote from: yanto@1977 on February 20, 2018, 09:01:24 AM

Quote from: vince212 on February 01, 2018, 08:33:30 AM

hi guys right now im hodling ada,nem,xmr,waves,utrust,ast,xrb,vib

my initial capital was 4000 usd.
i am down 50%.

do you think it is better to cash out now and just invest it to a safer investment like Land or stocks
i have a 7x 580 and 1070ti mining and just rely on that to buy cryptos?

or do you think i should hodl

You should keep patience to hold until the price comes up again, not really good situation for all of us but like or not we must face it. March is the right time to decides still hold or cut loss ( use chart with monthly time period ), but if you want to cut loss now please think again. Your money your call your risk.

I hope op is going to hold to your advise and keep on holding his coins. Bitcoins has recovered seriously for the past few days and we expect it to keep making this progress until the end of this firstly quater. Downward trend doesn't not mean end of bitcoin and if you did not sell when everything is against you, the price will definitely recover to were you can sell at profits.

yanto@1977

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Activity: 686

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★Bitvest.io★ Play Plinko or Invest!

Quote from: vince212 on February 01, 2018, 08:33:30 AM

hi guys right now im hodling ada,nem,xmr,waves,utrust,ast,xrb,vib

my initial capital was 4000 usd.
i am down 50%.

do you think it is better to cash out now and just invest it to a safer investment like Land or stocks
i have a 7x 580 and 1070ti mining and just rely on that to buy cryptos?

or do you think i should hodl

You should keep patience to hold until the price comes up again, not really good situation for all of us but like or not we must face it. March is the right time to decides still hold or cut loss ( use chart with monthly time period ), but if you want to cut loss now please think again. Your money your call your risk.

Singwala

sr. member

Activity: 462

Merit: 260

If you still have patience, do not sell it. Because it's safe to invest, but you've been able to recover your losses in trading. In trading for a week or one day you can recover your losses instantly, So just be patient and of course knowledge. so you have the advantage if you ever happen to it again

peterpeterpeter

newbie

Activity: 167

Merit: 0

I think you need to wait for a little time.
Your sacrifices will not worth if you just throw your coins now.
Have a patience you are holding a good coin.

saruxanyan

member

Activity: 308

Merit: 10

I think that right now there is a growth of a coin if to look under the schedule for example for today it would be better to be reserved by patience and to wait a little.

madtea

member

Activity: 294

Merit: 10

In all honesty you should have sold in January. Take responsibility for your own financial decisions. It's not as if many people here haven't been warning about this for weeks.

eldub

full member

Activity: 232

Merit: 103

Sell, and do something more suited to your temperament. This game requires patience.

DMiracle1

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Activity: 210

Merit: 100

Do NOT sell your coins just because the price is down. It’s every investor’s nightmare: that the coins you bought sinks lower everyday. Buying high and selling low is not how you make money in cryptocurrency market. Taking a loss is always painful, but it can be an education of sorts. In the near future, set a price target for selling before you even buy it. With a price target, you have some kind of benchmark to measure gains and losses against to get a better idea of what range of volatility is expected, and what means trouble. Hold !!!

Kolokoy

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Activity: 196

Merit: 50

OMNI TOKEN PLATFORM FOR PAYMENTS

The best thing I ever did when my Altcoins are dropping is to hold them still.
Holding my Altcoins is the least option we can do but if we're holding it then we are embracing the future as I learned that holding Altcoins will offer us higher reward than just selling them while on the storm.
I choose to hold my Altcoins because I have a good full-time job career that my salary are more than enough to feed and support my family's daily basic needs and I am happy that every Altcoins that I am holding are now pumping back up.
Last January 7th my Crypto Assets were as high as $150,000 and on the Market Mega Dip it dropped as low as $15,000 so I lost almost $100,000 within 4 weeks.
But I still have faith on my Assets as it went back up today as they now as high as $60,000 and will be heading into $150,000 as it was the highest peak of my Crypto Assets and I am excited to take it back again in the next few weeks.

Torbeks

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Quote from: vince212 on February 01, 2018, 08:33:30 AM

hi guys right now im hodling ada,nem,xmr,waves,utrust,ast,xrb,vib

my initial capital was 4000 usd.
i am down 50%.

do you think it is better to cash out now and just invest it to a safer investment like Land or stocks
i have a 7x 580 and 1070ti mining and just rely on that to buy cryptos?

or do you think i should hodl

I suggest you hold coins. If you losses was cut down, then sell it. It's your decision when it comes to this. If you want to pursue your mining, then, hold your coins and when the price is atleast 50% of your capital then it can suffice to complete your mining rig.

lablab03

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Activity: 1064

Merit: 112

If you don't need a money right now then you must hodl it 'cause we all know that altcoins is very volatile and perhaps after a days it will rise again, i suggest to control your emotions and wait for the right time to sell , don't sell while your profit is decreasing just keep holding .

nitin8263

copper member

Activity: 1568

Merit: 0

I will not say you sholuld sell your coins to cut your losses. If you sell today then you can will get more loss because crypto price are very low at this time.

rajuahmed763

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I don't support to sell with losses.
I think anyone would like to sell their coin with loss.
Now every coin is so down. So wait until the market pump. I suggest just forget it, after market rise up then look up your coins.

patrickj

sr. member

Activity: 490

Merit: 251

HODL! If you sold that out, you will probably making mistake. Your tokens has potential to rise again. Hence altcoins are going down because bitcoin suffer in past weeks and also ethereum that are eventually connected in altcoin pairs. Wait for the market to recover in a couple of months for sure you will get back alive again.

Topic: do you think i should sell my coins to cut my losses? (Read 811 times)