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Topic: I lost 80% of my bitcoins in alts, What can I do now?! - page 71. (Read 21888 times)

hero member
Activity: 994
Merit: 503
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 these alts are hopeless, then sell and get back whatever you can and invest into alts that you think could give you back what you lost. But be more vigilant in choosing this time so as not to repeat what happened. Trading is a game of risks. It can be great for some, but it can be disastrous for most.
No, you will be the winner and earn a lot of profits from trading as long as you can know your moves, decision and own all your idea.
Remember, do not let anyone make you decide to buy/sell or trading/cashout ...
Own your idea, prepare strategies carefully, you can get profit.
hero member
Activity: 644
Merit: 500
I have learned the same lesson as well. I have sold losing altcoins and that definitely was a big bite on my investment. Now for any  promising altcoin I invested in and at the moment they are losing, I just leave them as they are. One of them after sometime have multiplied more than ten times. And take note, invest here only those funds that you can afford to lose.

Most of the traders have invested into Altcoins from June until today all took big loss by the big bearish trending of altcoin and the growth of Bitcoin. Although in the USD rates we do not lose anything, but in Bitcoin rates, we lost many money.
full member
Activity: 518
Merit: 101
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 these alts are hopeless, then sell and get back whatever you can and invest into alts that you think could give you back what you lost. But be more vigilant in choosing this time so as not to repeat what happened. Trading is a game of risks. It can be great for some, but it can be disastrous for most.
full member
Activity: 322
Merit: 100
The All-in-One Cryptocurrency Exchange
Do not let you get a great loss on altcoins. my advice you should invest on bitcoin. Take a risk again to make it grow.opinion for you sir you must sell your coins..

Absolutely disagree with you. Bitcoin now at a very high level and I would advise you to wait so much for such a big price because you can lose money.
member
Activity: 154
Merit: 10
Sapien.Network-Beta Platform is Live
I have learned the same lesson as well. I have sold losing altcoins and that definitely was a big bite on my investment. Now for any  promising altcoin I invested in and at the moment they are losing, I just leave them as they are. One of them after sometime have multiplied more than ten times. And take note, invest here only those funds that you can afford to lose.
legendary
Activity: 1008
Merit: 1000
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!
It is really painfull thing happened to you. I hope that you have HODLD all your coins and gained huge profit at the moment =)
You cant still be sure if you would able to make money on those alts that you do hold that eventually decrease their price but well holding them and not selling them on lose is the most wise thing to do rather than on panicking seeing your portfolio is on reds. 80% is already severe and for those people who dont have much experience would normally freak out and dont know on what they wanna do on this kind of situation.
I don't think so. I'm a trader, so sometimes, I need to accept my loss. This is the requirement to help me become a professional trader and receive more experiences. It proves I'm not a person don't accept my mistake to help me grow up.
full member
Activity: 381
Merit: 100
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!

same position, i decide to hold for several weeks at least, and see the progress, i hope btc will back to it nature growth, this bubble gonna blast, and alt will rise.
member
Activity: 146
Merit: 10
 Do not let you get a great loss on altcoins. my advice you should invest on bitcoin. Take a risk again to make it grow.opinion for you sir you must sell your coins..
full member
Activity: 252
Merit: 101
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!

why did u invest in such coins. i don't know about digibyte (could be a reason not to invest)

if you do some research about siacoin u would know that siacoin itself doesn't want to be "expensive". otherwise no one would be use their service.

Stratis is ok. hold it.

just participate in bounties. let time fly and u will get some of your money back.
but hold sia and stratis.
sr. member
Activity: 602
Merit: 250
The best alt for a punt may be MONA coin
Marketing on MONA is really getting stronger in Japan, https://youtu.be/DDkGGf5n9Uo

Tradeable vs BTC on Bittrex and vs JPY on Japanese exchanges

I hope you could get some MONA. Went up 5 fold since this post.
member
Activity: 112
Merit: 10
I think they should be kept and hope for growth, to sell coins with such a loss is simply terrible.
sr. member
Activity: 499
Merit: 250
Chainjoes.com
Poor you, normally, I will cut loss when the price falls down about 30% to 40%, but if you have lost 80%, I think the best way is to continue hold and pray!
hero member
Activity: 3038
Merit: 634
i think u should hold it, alt will come back to shame price or more than
No other choice but to keep on holding it.

He will gain nothing for being a panic seller and with that loss of 80%, you can do something about it if you'll just decide to on your own.

The best way of making good profit with it is wait for the storm and cloudy day for your portfolio.
full member
Activity: 210
Merit: 100
A BLOCKCHAIN SOLUTION TO DISRUPT TRADE FINANCE
I think in this type of situation you shouldn't sell them with this much of loss. You should wait untill they will give you your money back. Good altcoins having good projects will definitely increase sometime.
full member
Activity: 824
Merit: 104
PredX - AI-Powered Prediction Market
i think u should hold it, alt will come back to shame price or more than
full member
Activity: 448
Merit: 101
wait for the growth of the crypt and the fall of bitcoin
member
Activity: 112
Merit: 10
You do realize how much you lost is completely irrelevant to you exit strategy right? You exit if you don't think your investment is going back up. If you don't have a very good reason to think that it will go up just sell now. And no, just because it was higher once does not mean it will be high again.
hero member
Activity: 2730
Merit: 632
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!
It is really painfull thing happened to you. I hope that you have HODLD all your coins and gained huge profit at the moment =)
You cant still be sure if you would able to make money on those alts that you do hold that eventually decrease their price but well holding them and not selling them on lose is the most wise thing to do rather than on panicking seeing your portfolio is on reds. 80% is already severe and for those people who dont have much experience would normally freak out and dont know on what they wanna do on this kind of situation.
newbie
Activity: 98
Merit: 0
Hold. New cycle started.
sr. member
Activity: 378
Merit: 250
BuyAnyLight - Blockchain LED Marketplace
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!
It is really painfull thing happened to you. I hope that you have HODLD all your coins and gained huge profit at the moment =)
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