Topic: I lost 80% of my bitcoins in alts, What can I do now?! - page 16. (Read 21906 times)
I think you should keep these altcoins until you return your initial investment. If the project is promising, then its coin will grow in the long term.
When you lose so much money, you usually immediately become disheartened. In this state it is impossible to make any right decisions. But even so, you need to start thinking with your head. 80 percent loss is not such a big problem for someone who knows where to invest now.
Well now you are in bad situation mate, I better choose to hold it and wait until the price come up until it lost lesser than 40% and then sell it then the amount of money that you get from the sell you buy another investment that really really promising, and I think maybe it will cover you lost later...
Hey there
In june & July I bought Digibyte & Stratis & Siacoin with all my bitcoins, till now I lost almost 80%
What can I do, HOLD or Sell or What!
If I were in your place at this stage I am definately going to hold because after loosing 80% there is no point to sell that and take loss . Making stop-loss at beginning is better instead of selling at too much loss. In june & July I bought Digibyte & Stratis & Siacoin with all my bitcoins, till now I lost almost 80%
What can I do, HOLD or Sell or What!
You need to wait until next bull market my friend please dont sell your tokens with loss. Everthing will recover in the future. Only we need to wait some time and you need to hold.
Please dont sell your tokens with loss. Wait until you earn some profits.I know that was painful i lost money too but we need to believe the future of crypto.
Please dont sell your tokens with loss. Wait until you earn some profits.I know that was painful i lost money too but we need to believe the future of crypto.
We are on the same boat mate, I also Invested all my bitcoin on Alts and now they are all down like 90%, if the project is good maybe holding will still be an option but if the coin is not doing well then that is the time to accept the reality about Investing in crypto
You should hold them and don't sell them now because now the market is in downtrend , If you still want to earn money from cryptocurrency market , you should hold them until the bull market appears .
I am in the same situation as you. I've lost more than 90%, not even 80%, and lost my money. If you can trade, you can increase the amount of coins you have with a trade. Or you can wait by saying hold 
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Hey there
In june & July I bought Digibyte & Stratis & Siacoin with all my bitcoins, till now I lost almost 80%
What can I do, HOLD or Sell or What!
In june & July I bought Digibyte & Stratis & Siacoin with all my bitcoins, till now I lost almost 80%
What can I do, HOLD or Sell or What!
You have already lost 80% of your coins, and IMO you should try and save the remainder amount. At least convert half of what is remaining back to Bitcoin. I don't know how much you own, but just hope for a spike in the BTC exchange rate sometime after 2-3 years and hold on patiently until then.
The same case as I experienced, just calm down, don't panic, it's not the time for the coin to go up, it's better you hold it and put it above the price when you buy, and my advice, don't look for a few months, so you don't down.
What I would do in such a situation is really to just wait for the coins at least to go back to the original price that they were before. It is really a waiting game at this point. And also I would not going to waste all my energy keeping tabs on my lost investment because let's face it - I failed on them right. Might as well move on to other coins.
I think it depends on the altcoin you buy, if they still have a strong market then this is about waiting game as you say, but if the price continues to weaken and the market is collapse, then it would be better if you move on to other coins, do cutlose and fix your strategy 
Bitcoin is the parent of all altcoins, and unfortunately the price of bitcoin has dropped since January, this certainly makes altcoins prices drop, when bitcoin prices drop 60% then altcoins drop by more than 90%, this is what makes us cautious.
I tried selling some at -90% a while back and so far I am not rewarded for my decision. I mean, you sell at a huge loss and buy something else, but in most cases that dips too until the bull comes back again. I was too late in selling for btc, so as previously mentioned, it is a long waiting game now!
To be honest people in bitcoin all lost a lot of their money as well. So there is nothing to do but wait and hodl.
There is nothing left but to just try to wait, because altcoins will definitely be able to rise in price to the size that they previously had, but we need a lot of patience for this. So far, we don't have to do anything about it.
in my opinion there is something that can be done besides waiting, namely doing trade on the Indodax market. there are lots of good coins for trading, even though it can't completely restore your loss but it can treat your disappointment a little. 
If you put them off for 5 years. You may become a millionaire. If you sell them now you will lose everything. Of course only you decide. But I think now is not the time for sale.
Good solution for me is shorts at that time. At the falling market, I made constant shorts and increase my portfolio in the coins. I can make some BTC but it's my decision to make more altcoins in my investment. And of course it's a coin that I consider it promising. Early it's ADA. Today it's DACC. Why? Because today it's cheap but their roadmap has so closed big points. And while coin don't have big exchanges. http://dacc.co https://coinmarketcap.com/currencies/dacc/
Hey there
In june & July I bought Digibyte & Stratis & Siacoin with all my bitcoins, till now I lost almost 80%
What can I do, HOLD or Sell or What!
In june & July I bought Digibyte & Stratis & Siacoin with all my bitcoins, till now I lost almost 80%
What can I do, HOLD or Sell or What!
Wait! Just hodl until the selling price you want is reached. Don't sell when the price is too low because you will only get more losses rather than gaining profits. It's too early to jump off the boat. Just hold until you can because prices today will eventually pump by December.
There is nothing left but to just try to wait, because altcoins will definitely be able to rise in price to the size that they previously had, but we need a lot of patience for this. So far, we don't have to do anything about it.
most people actually panic sell, even though it doesn't affect him. it actually worsened the situation. Don't be too afraid of falling prices. study and analysis of the decline in the value of selling coins whether the cause.
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