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Topic: I lost 80% of my bitcoins in alts, What can I do now?! - page 75. (Read 21887 times)

newbie
Activity: 65
Merit: 0
should be dihold only because if you sell now certainly will add a lot of losses you will get, but I am sure for the next few days the price will be normal again.
newbie
Activity: 20
Merit: 0
sad to hear about this,i don't know wether u hold your coins till now,if so,till now u will get back a lot of money.if i am u ,i will not invest so much in altcoins,i just put about 40% of my funds to aktcoins!
member
Activity: 308
Merit: 22
It sad thing to read. All those hard earned coins gone in some scammer's pocket. People spending their effort to research loosing and ones who hodl earning much. I would follow strategy 70% to BTC, 15% to ETH, 10% to promising altcoins which is gaining popularity and only 5% as a charity to support trustworthy ICOs.
sr. member
Activity: 602
Merit: 295
Hail Eris!
You really really really shouldn't have moved over 80% of your bitcoin to alts which is the only way this could happen.

Anyways.  If the project still has hope and active development just hold.  Like Siacoin.  After large crashes is the best time to buy ones that still have a promising future.
legendary
Activity: 1204
Merit: 1004
You are not alone bro, It is always like that in cryptospace, new traders always hold one altcoin and when it pump , they hodl and hope it will pump more and missed the chance to sell, and sell with it dump more than 50%... Try to be smart and diversify your portfolio and have your own simple trading rule like ( always sell at 30% profit and dump at 10% lose). You can also learn TA online, it help a lot for trading.
newbie
Activity: 41
Merit: 0
I have 50% drop of my portfolio cause I invest in alts heavily but I'm felling calm cause in Q1 2018 it will rise as never. Depends on what coins did you invest in
newbie
Activity: 30
Merit: 0
Multiple learning experiences
Learn from failure
Believe bitcoin
full member
Activity: 126
Merit: 100
Has the OP updated us on this decision?

In case anyone else finds himself in a similar position: First, try not to let it go so far! Dont go all in on 1 or 2 alts trying to get insane gains over a small amount of time. For all the new crypto millionaires out there who gambled on a single coin and won, there are plenty more who lost that bet and now have nothing or significantly less.
sr. member
Activity: 462
Merit: 250
DONATION SENPAI PLEASE <3 <3
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 is the reason why you should not invest on altcoins that you really don't know, you should have predicted and understood how those altcoins are standing and probably think what you could have invested in bitcoin more than in altcoins. What you can only do is hold and hope for the bests in those altcoins that you invest. I just don't know why you use 80% of your bitcoin and invest it in 3 altcoins that are really now known. If it was me I would have invested in those known altcoins but my suggestion, for now, is held on until it pumps. Good luck Wink
sr. member
Activity: 294
Merit: 252
The thing here is to be active while holding your tokens. You can exchange them witch BTC, ETH and each other. This protects you from huge loss. You can also open positions on margin trade while the market is undergoing price dumps.
   
member
Activity: 798
Merit: 17
2023 would most likely be as bearish as 2022
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 Situation faced. i bought 2500$  , now its worth 400 usd. I got so fedup so then i sold. Then i invested in ICO Specially powerledger  and also i have done bounties in several ICO's

Now again my portfolio is 2000$

There are no shortcuts. we have to think strategically. i think you sell and put those in promising ICO's 
member
Activity: 173
Merit: 12
lol, buy Phore. Coin burn in 2 days.
full member
Activity: 238
Merit: 101
FrontEnd developer
Well now after such a fall to sell at 90% loss is not worth it. And how was the interest distributed? STRATIS need to keep any think in the next six years he sure X5 will do.

DIGI here is an ambush I do not see at the expense of what the price to rise. It can be years hold and nothing happens

Sia developers it seems to try but before that the price rose to 600 sat will also be hard.

jr. member
Activity: 38
Merit: 10
80% loss in the altcoins is a big number, you must be very sad for that, but anyway I still hope you can get back the lost. The best way is to stop trade, keep calm and stabilize your psychology. Then learn and refer to other courses, I believe it will help you.
member
Activity: 89
Merit: 10
I think you should hold them and wait for the recovery

I agree completely, when bitcoins price settles down, the alts will rise again.
member
Activity: 434
Merit: 10
I think you should hold them and wait for the recovery
full member
Activity: 336
Merit: 100
I have the same situation - a coin dipped in relation to bitcoin by 50-80%. I always thought the profit in bitcoins. But now with this growth of bitcoin, I believe that it is possible to fix the profit in dollars. As there are coins in dollars in profit
full member
Activity: 178
Merit: 100
I think you should ckeck the whitepaper of the projects you want to invest. If you think they are really good. Then u should hold till the price pump up.
full member
Activity: 154
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 wish you could have bought ETH for those bitcoins.
newbie
Activity: 16
Merit: 3
I know this is an old thread, and perhaps I am not even answering to the OP, but..

At the end of the day buying (as opposed to investing) in Crypto, is believing more in them than in Fiat and the banks.

I am still shorting the banks and current system. No matter if Ark, Sia, Waves, et cetera are now down. They will do better than the common alternative.

HODL!

Why do you think that e.g. Waves or Ark are down now..?
It maybe their natural market price..

Agreed.. I would not have the faintest clue on how to evaluate the real market value of a crypto, and perhaps they are way overvalued right now.
That is, right now as in "at this particular point in time".
What I think is that banks are pretty much done and they know it.. so the lifeboats are hard assets, cryptos and awareness. Ark, Waves, Kin.. I don´t care.. get plain vanilla Bitcoin and then choose your moonshot if you will.
Many of them will be more valuable in time. Much better than Fiat for sure.
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