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Topic: I lost 80% of my bitcoins in alts, What can I do now?! - page 72. (Read 21873 times)

full member
Activity: 420
Merit: 100
Qravity is a decentralized content production
I also have some alts that lose its value against bitcoin while it's dollar value increased from the time i bought it, but i will keep holding kt because the loss isn't much and i believe they will perform better later. Sometimes it's better to sell and buy back later while bitcoin is moving up and i also do that.
full member
Activity: 238
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!

I gotta say, a lot of people really are having the same predicament at the moment. Since altcoin go up so damn fast ad drops as much in just minutes. my advice is to just let it be and hold on to it. Since you have already lost it. Start over fresh and 10x more careful this time And maybe if you're lucky, the price of your alts may increase someday. Don't let this drops make you sell all your possessions without even searching enough about it.
hero member
Activity: 1568
Merit: 511
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!

Take it easy and if you believe on the project, just HODL.
The recent massive rally of Bitcoin causes majority of the Old coins that exist long time ago drop in their price based off satoshi. However, there's no need of worry because the price in terms of fiat might increase time by time Smiley
full member
Activity: 308
Merit: 128
Here I come! Again!
It is surely painful to see the king rises, all citizen has to bow down (read: dump) LOL
But as long as you believe the project and the dev team, it will always be advisable to hold
Cut loss is killer for most beginner unlike stocks, at least if you dont have enough knowledge and skill in doing day trading
full member
Activity: 154
Merit: 100
Hey don't worry. Stratis is still sleeping. When the update comes about smart contracts it will roar hevy. So hold.
newbie
Activity: 77
Merit: 0
I think most of us had learned important lessons in crypto. Investing here for a few months and you experience the swings and profit / losses of trading stocks for years.
Learning when to cut losses for better investments is a b#*#@ to learn. Good luck and enjoy the ride, I know I am
member
Activity: 210
Merit: 12
My friend, I was in the same situation. But I believe that the altcoyins will still grow in value. Maybe not to their previous price highs....but  i believe!
sr. member
Activity: 392
Merit: 253
Open and Transparent Science Powered By Blockchain
Stop loss is useful in some cases. If you really believe the fundamentals of the projects you have invested, you should probably hold rather than do the stop loss.
newbie
Activity: 98
Merit: 0
Just hold them and wait,soon you will recover you're money.
full member
Activity: 630
Merit: 100
Hold for your dear life. If you pull the trigger and you sell at loss, then you are indeed at loss butifyou hold your altcoin, provided that your altcoinare solid altcoin like Ethereum etc, then you will bw happy you held when altcoin price rally in the future!
hero member
Activity: 535
Merit: 500
Just hodl the bad times for altcoins are nearly over.
full member
Activity: 238
Merit: 112
I would say that you should not be very greedy when it comes to this world why because if you are greedy enough you will lose a lot of your earning do not set you minded yo get those money back because in that why you set yourself into greedy mode i would say that keep calm and return those bitcoin slowly but surely in this way you will return those bitcoin.

First of all I want to ask you, what did you lose some of your Bitcoin? Is it because you made your Bitcoin so Altcoin, then you sold Altcoin yours? If you've sold your Altcoin, then there's nothing you can do about it. But if your Altcoin is still there, you can use it for trading to restore your Bitcoin or at least reduce your losses. You just sell your Altcoin to reduce losses. But if you feel that your Altcoin price can go up, you can keep your Altcoin for a while. That's why I never invested in Altcoin, I just invested in the famous Altcoin such as : Ethereum and Litecoin.
member
Activity: 111
Merit: 10
sad story
full member
Activity: 290
Merit: 100
I would say that you should not be very greedy when it comes to this world why because if you are greedy enough you will lose a lot of your earning do not set you minded yo get those money back because in that why you set yourself into greedy mode i would say that keep calm and return those bitcoin slowly but surely in this way you will return those bitcoin
full member
Activity: 322
Merit: 100
The All-in-One Cryptocurrency Exchange
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!
I believe that now selling late, it's best to keep them by spring - summer I think that then there will be strong growth.
hero member
Activity: 676
Merit: 500
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!

ouch that hurts, I would in your case hodl or if you think you have enough good trading skills then sell and start "daytrading" - this is hard and risky of course but people who have the skills would make this money back easily
If you want to earn profits from trading, you should not have a thinking as "want my money back" because loss is loss and it is gone. You can not make your money back because you did not lose money by someone, just by you had bad decision and mistaken made you lost money. Earn more profits and begin again, it is all.
member
Activity: 406
Merit: 10
Some coins can grow in a few years. If you have chosen promising coins, even if 2-3 coins grow in your portfolio, it can cover losses. When investing in altcoins you need to be able to wait
full member
Activity: 448
Merit: 100
If you do not sell it, you will not be lost.
Stop selling your power as long as you can. One day prices will rise.
You will make up for your loss Cheesy
member
Activity: 62
Merit: 10
If u need profit u can hold your can. Believe all coin up soon
full member
Activity: 384
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!

ouch that hurts, I would in your case hodl or if you think you have enough good trading skills then sell and start "daytrading" - this is hard and risky of course but people who have the skills would make this money back easily
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