Topic: I lost 80% of my bitcoins in alts, What can I do now?! - page 74. (Read 21873 times)
It's better to hold than sell it then lose too much. Selling will not do anything good because I know that there will be a time that bitcoin will either have a correction or stabilized and its growth will slow that will give chance for altcoins to recover or gain more.
These past few months were pretty awful for alts in general. Really if they could hold their relative bitcoin price that was the best thing to happen as it would be so difficult to make gains with bitcoin's crazy rise. After the bitcoin craze slows down a little bit once the $10K barrier is broken, then we should see more money go back into the alts when everyone isn't expecting such a huge pump again. The instability has just been crazy recently.
I believe you have your reasons for purcahsing those particular coins because I truly presume that you might have monitored them greatly and know their worth before buying them. So I am in no position to judge or blame you.
Though I have never gave it a thought to buy either Digibyte & Stratis nor Siacoin but I believe they might still grow like the popular bitcoin.
My opinion is for you to hold on to it for some time but not too long. As you hold on, find another means to purchase either bitcoin or etherum which I think is better.
While holding, if you feel you can't hold onto it anyone, sell them and purchase etherum or either bitcoin which still have visible better future.
Though I have never gave it a thought to buy either Digibyte & Stratis nor Siacoin but I believe they might still grow like the popular bitcoin.
My opinion is for you to hold on to it for some time but not too long. As you hold on, find another means to purchase either bitcoin or etherum which I think is better.
While holding, if you feel you can't hold onto it anyone, sell them and purchase etherum or either bitcoin which still have visible better future.
I feel bad for OP, he sold all of his bitcoins for altcoins, he is now messing up and blaming himself I guess for witnessing bitcoin at $10,000. This is what I'm telling that if you want to invest in alts you should secure yourself and still have some bitcoin on your portfolio. That is not a wise thing that you will sell all of it and now you are messed with a bad decision, think many times before doing like this.
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!
I think the smarter and better position is to hold on to it. I am saying that move considering that you have already waited and has actually endured in waiting for the price to be up. Since you're in that position already, why not do other stuff that could make you earn while you are in waiting for the coins you bought to actually catch fire and gain a good price point to be substantial or enough at least for you to gain profit.
Just hold it. I believe stratis price will pumped up in the near future.. Also, I think you should set a point while investing, let's say if you invest it when the price was 0.001 btc each, and if some bad thing happend and the coin dropped until 0.0007 each, I think you should sell it immediately. This way you won't suffer too much losses.
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!
If you already lost 80% then you should just hold this coins because they would go back up eventually.
At the time of your posting, Digibyte went down more but as I can see before, it was pump hard before going down and there is a possibility of it going back up again. It is in accumulation stage right now and if the team is still active then it would go back up.
There are many investors in Stratis and they have a good project but because of the delay of their plans and failed promises, many are disappointed and sell off their coins but there are still many who are holding and it is going back up. If you check the chart, it had a bull run in June and if you hold to the coin, whales may pump it again.
There is not that much movement in Siacoin but they are very active. Price now is very cheap. You can have the option of adding more to your bag so that you can average down. Alts cannot really made a major move nowadays because bitcoin is having a bull run.
unfortunately I think that will be a common situation for tokenholders in 2018... If several big ICOs will start to underperform (less than expected technical progress, revenue), the whole ecosystem might be affected.
The prices of subcoins are approaching the time of rise. A little more patient.
You will certainly meet your losses and recover your economy
Hold your alts!
You will certainly meet your losses and recover your economy
Hold your alts!
we will never know what will happen, because all we can only guess for the ups and downs of prices. all need patience and thoroughness, if we are not patient for now then the future loss will come. I also like that, get alt with a very pricesmall, but that's all I consider my savings to the fore
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!
If you already lost 80% then you should just hold this coins because they would go back up eventually.
At the time of your posting, Digibyte went down more but as I can see before, it was pump hard before going down and there is a possibility of it going back up again. It is in accumulation stage right now and if the team is still active then it would go back up.
There are many investors in Stratis and they have a good project but because of the delay of their plans and failed promises, many are disappointed and sell off their coins but there are still many who are holding and it is going back up. If you check the chart, it had a bull run in June and if you hold to the coin, whales may pump it again.
There is not that much movement in Siacoin but they are very active. Price now is very cheap. You can have the option of adding more to your bag so that you can average down. Alts cannot really made a major move nowadays because bitcoin is having a bull run.
Bitcoin should be invest in top class coin which is running in the crypto market with strong market cap. I think you invested your bitcoin in very cheaper price coins which has no any existence in the market and cheaper coins are mostly used for pump and dump policy. some new people entered in the market and due to lack of knowledge of trading, people mostly stuck in the dead coin which have a huge quantity supply and not any demand of particular coins.
you can cover your 20% bitcoin by selling all altcoins and buy some solid coins for long time and you will recover all loss of bitcoin.
you can cover your 20% bitcoin by selling all altcoins and buy some solid coins for long time and you will recover all loss of bitcoin.
In my opinion for the better sell it when going up 10%-20% more, then start to do short trading again with other altcoin . Because the price of BTC all the time bullish so will be more safe to do short trading. Before jump in to trading should be have risk management and trading plan to minimize the risk.
If I were you, I would not choose to sell, because now the price has fallen to very low, and the most recent common currency is going up, when the price is similar, in the choice to sell
That is very sad to hear something like this happen but we all learn from mistakes so i would say just start again but invest 80% in btc this time 10% in ethereum and the other 10% in other trust able coins.
It's funny I've tried day trading, buying tons of different altcoins. Buying low / selling high (and failing). My buddy just bought bitcoin and held it. He's doing almost as good as me while literally doing absolutely nothing. Feeslbadman.
Depends on what alt you invested in, if it has good technology and bring some features to its users you can hold until don't go to plus.
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!
Just relax and wait for the price of the BTC to return to the break-even point. 90% of the readers of this forum in the same ass, do not worry. Be patient and HOLD. 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!
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!
If you already lost 80% then you should just hold this coins because they would go back up eventually.
At the time of your posting, Digibyte went down more but as I can see before, it was pump hard before going down and there is a possibility of it going back up again. It is in accumulation stage right now and if the team is still active then it would go back up.
There are many investors in Stratis and they have a good project but because of the delay of their plans and failed promises, many are disappointed and sell off their coins but there are still many who are holding and it is going back up. If you check the chart, it had a bull run in June and if you hold to the coin, whales may pump it again.
There is not that much movement in Siacoin but they are very active. Price now is very cheap. You can have the option of adding more to your bag so that you can average down. Alts cannot really made a major move nowadays because bitcoin is having a bull run.
Hold on to alts for sometime as they may spike again. Sell all your alts in the spike and go to BTC and HODL.
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