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Topic: I lost 80% of my bitcoins in alts, What can I do now?! - page 2. (Read 21887 times)

sr. member
Activity: 338
Merit: 251
At this point hold whatever bags you still have and look under ever couch cushion, mattress, rock, anything for any extra cash you can come up with right now. And spend it all on these discounted prices. Keep working your day job, don't buy anything, and throw every penny you earn to dollar cost average into this bear market till it eventually recovers. Cause it will.
full member
Activity: 546
Merit: 100
Indeed, for beginner investors in Bitcoin this year will certainly feel that the current price decline has made a lot of emotional panic, because prices have declined since the beginning of the year. But for Bitcoin Investors who have been in the Crypto world for a long time, I think they will respond to this decline casually. Because Bitcoin never dies.
member
Activity: 364
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
Don't think narrowly, bitcoin up to now has achieved many achievements. Don't just look at her miscarriage once. Bitcoin has experience in this matter, even though its value has dropped, it is still able to return to normal prices and reach its highest peak again. All of that will happen with an increase in demand for bitcoin, and not many people sell coins in bulk.
I agree with you, see the price is very cheap now we should be happy, because we can buy it at a price that can still be reached, and we can also get it in large quantities. rest assured that there will be a big pump later
sr. member
Activity: 728
Merit: 261
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!
There is not much thing to do if you didnt do anything yet, we will just wait for rises. I don't need money which I invested to coins so I can wait 1-2 years this is not problem for me, when bears bored and leave from market, big rises will come like always.
full member
Activity: 588
Merit: 107
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 you think the market will recover from this current price, then hold.
If you think the market will still fall another 50%, then sell. Accepting the loss is the hardest part.

I'm glad I decided to slowly sell within Q1-Q2 and then parked on stable coins.
member
Activity: 406
Merit: 10
Don't think narrowly, bitcoin up to now has achieved many achievements. Don't just look at her miscarriage once. Bitcoin has experience in this matter, even though its value has dropped, it is still able to return to normal prices and reach its highest peak again. All of that will happen with an increase in demand for bitcoin, and not many people sell coins in bulk.
member
Activity: 616
Merit: 13
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!

its clear to me that you don't have a plan after all. And i ask you this, why did you bought digibyte, stratis and siacoin ? did you do your research ? if you have a plan you won't be asking that here. My suggestion is, stay away from any market because regardless of any type of market if you dont know what you are doing then you are more likely to lose than win. 90% of traders/investors fail nomatter what market it is. And that numbers is not a joke.
brand new
Activity: 0
Merit: 0
It's a painful experience. Most traders are in a loss.  What am suggesting is that one should just be patient and wait for it to rise again. There is certainly no miracle to change it overnight. I have taken my mind off it and am partly into betting for now.
 Vegas casino is my top destination
 because of the huge deposit bonuses that one can accumulate over time and the opportunity to play various type of casino games from table games,  slots,  pokers,  video games, blackjack etc. I have a lot of favourites games on vegasonline. They offer VIP service and often give promotional bonuses too. On vegasonline,  for every deposit,  am always given bonuses of at least, a 25%. I like the platform. They provide high and quality user experience when betting. But my problem is am getting addicted? Despite there so called responsible gambling measures,  I often spend a lot of money gambling on these sites. I know that I have gained more than I have lost from them but am afraid am getting too attached.
full member
Activity: 406
Merit: 158
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!
This topic has opened at last year and we are living the same situation now, everybody lost 80-90% of their portfolio and passing from very difficult days. But like last year, we will see good days guys, don't be pessimistic we will just wait.
jr. member
Activity: 169
Merit: 2
In my opinion some situation you should just to accept. Lots of people have great losses this year, personally I am and lots of friends are in this situation. But now it is better to make the deep analisys of the portfolio and coins you are not sure in them better to sell and go into more trusted ones like Eth or Bitcoin. About other alts that you think to be rising one day - the only way is to hold and wait. But it is my opinion.
member
Activity: 378
Merit: 10
At the moment, the cryptocurrency market goes down and this brings great losses to investors. I think that someday the market will recover.
member
Activity: 406
Merit: 10
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 you believe in those projects long term, I would say don't sell, and hold your investment bull market should start really soon. I would also say you are not in loss as long as you don't sell. I'm same holding my investments and suffered a big price fall but I do believe in them long term, so I'm just using this opportunity to even buy more. Be patient, it will be alright at the end!
hero member
Activity: 1470
Merit: 502
you are not alone but in the first place, you have to be 100% sure to trust the market in time like this you have to be more patience.
lots of people are trapped in crypto when the market falls. and everyone's hope is that the price of return and profit may be true as you say that being patient may be the last key
jr. member
Activity: 192
Merit: 1
you are not alone but in the first place, you have to be 100% sure to trust the market in time like this you have to be more patience.
copper member
Activity: 275
Merit: 1
Believe me, everything will return to a stable position, now it is the hardest part of the cryptocurrency, but be patient and stay calm because in the future it will grow. Keep holding and don't sell in panic.
member
Activity: 1176
Merit: 12
Vietnamese Translator™ https://goo.gl/7inMji
Now you do not get anything back, because you lose BTC and BTC prices also decreased. I think you should hold and wait 2 to 3 years when the market rebounds.
full member
Activity: 840
Merit: 100
Oikos.cash | Decentralized Finance on Tron
Fortunately, you bought Bitcoin, so you are not the worst. Those who bought a lot of altcoins may not be so lucky. I have to say that altcoins are almost dead. I can’t think of what they can do to come back.
So, you don't have to be too sad, Bitcoin will not be too bad.
Bitcoin is a very good asset in such a market. who kept only bitcoin now can buy altcoins. by  for 50 percent.
full member
Activity: 891
Merit: 100
Oikos.cash | Decentralized Finance on Tron
Always keep part of the assets in dollars part in bitcoins and part in Alts, so you will avoid large losses.
This is just the perfect strategy. but for frequent, almost no one used it. only professional investors
sr. member
Activity: 644
Merit: 250
I think you should hold until you recover your investments or...if you consider doing so, you can trade what you have into ethereum because the price is lower than btc's and eth is a strong coin.
I agree with your advice and I would do the same: hold until I recover the losses, hopefully not for long, and invest in ETH or BTC, because they are strong coins.
A few days ago bitcoin will give you 10% profit easily. remember just not doing something will become a horrible thing. The market will always move and you can't even predict what will be happened with it. You should take a chance even it will be involving the risk.
sr. member
Activity: 533
Merit: 250
It would be better for you to start over again. Get one of the modern stable cryptos and look for other options to invest. It should help you to recover.

It is true that you should find new crypto both stable and advantageous because it is new, but in my opinion you should keep your own bitcoin number. Since a few months later, maybe the price of the BTC will increase again and you have the profit to offset some of your lost Cheesy.

But if you want to quickly get back what was lost. Often people who do not have much money will get their remaining bitcoin to find the investments they feel are the best
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