I lost 80% of my bitcoins in alts, What can I do now?! - page 89.

posesion19

full member

Activity: 154

Merit: 100

Quote from: Triload on October 18, 2017, 02:36:32 AM

Quote from: qwerty923 on October 18, 2017, 02:26:36 AM

Investment risk : Never put all your eggs in one basket.

This is definitely correct rule and the most important rule, if OP put most money in bitcoin or ethereum, he would not lose so much, altcoins are very risky.

Yeah , but if your put on new coin/not popular , maybe its can be dump to low price.
Because a new coin have not stable price , can be decrease to based price Cheesy

Altcoin = Like a new baby come to the world Roll Eyes

posesion19

full member

Activity: 154

Merit: 100

Quote from: micrypto on October 13, 2017, 12:33:03 PM

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 altcoin , Hold = Hodl Roll Eyes

Follow your heart , dont panic sell , just waiting more time , then the coin raise up , sell all.
Dont hodl too long time , because we can predict the coin will raise up or just stable on their condition.
And sometimes the coin will dump to low price Roll Eyes

leea-1334

hero member

Activity: 2296

Merit: 953

Temporary forum vacation

Gosh, what a coincidence, these were the exact same 3 coins I bought in one time. I bought other alts also on different days, always in pairs. This all happened in the past three or four weeks, and all looked like such great buys because they were so low. And everywhere there were posts of "buy the dips", so I bought those dips. Well, we all know what happened next. I am in 50% losses for many of them, overall. I cannot do anything but hold now. Or sell some and hope to get back a bit of fork coin profit? I am at a loss!

Triload

sr. member

Activity: 297

Merit: 250

Quote from: qwerty923 on October 18, 2017, 02:26:36 AM

Investment risk : Never put all your eggs in one basket.

This is definitely correct rule and the most important rule, if OP put most money in bitcoin or ethereum, he would not lose so much, altcoins are very risky.

yunuzov

sr. member

Activity: 464

Merit: 250

It’s seems you lost really big time. Your incident shows us one more time that bitcoin is always safest coin. It’s almost a guaranteed profit in long term. Next time leave at least half of your money on bitcoin. Selling isn’t gonna do any good now. Try to find some good prospects.

qwerty923

sr. member

Activity: 362

Merit: 250

Investment risk : Never put all your eggs in one basket.

cryptofunn

full member

Activity: 490

Merit: 100

DO NOT fix losses, in a year you will return your losses. be patient. These are normal projects. And when the market again goes into a bullish phase, everything will be ok

RAJSALLIN

hero member

Activity: 665

Merit: 500

Just hold it, it would be hard if you sell your coins now. You only get 20% and you must recover 80% from your amount, there is no other way except hold it.

Indrawan77

hero member

Activity: 1274

Merit: 516

Sell the coins and it's time to search for other coin, but due this few months the market for alt coin is not good, the fluctuations is high and the trend keep on going down, I think for this few month it is better to hold bitcoin or eth, bitcoin will fork soon so there is possibility to earn more

Miguz

newbie

Activity: 6

Merit: 0

Sell all the coin. and stay out from the market.

Studying the market, read many topic in bitcointalk so that you are veteran with trading.

Then come back to earn and take revenge for Alt coin.

eance

full member

Activity: 402

Merit: 100

wait after BTC fork.. the market may recover after that.

cryptohorsee

full member

Activity: 229

Merit: 100

The Operating System for DAOs

sell your bags and invest in true king ! bTC

nethan1btc

sr. member

Activity: 574

Merit: 250

Quote from: micrypto on October 13, 2017, 12:33:03 PM

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!

You already commited a mistake amd if you sell it, it's much worst because your altcoins will just makes you lose more money. In your case the least you can do is trust your coins and have the patience for holding these until it pumps. Next time when you're planning to buy altcoins just do a research and seek advice to those who are well experience. Don't take the risk.

Lukus

member

Activity: 66

Merit: 10

exactly, just wait it will go up again... if not now, then the next big wave is when institutional money comes in, and there is no limit where crypto can go IMO. The may/june rally will seem like a joke then

Bavaria

hero member

Activity: 1032

Merit: 502

You should have thought about risk.
You can sell them immediately if you wish. But take my advice: be patient! You should wait for prices to recover. Market have always recovered from a downturn. After, you can trade it or sell it straight away.

Fancyax

full member

Activity: 196

Merit: 100

Personal Text: Pre-sale - March 18

It's hard to sell with 80% of loss. I suggest you hold and wait for prices rising.

TonnyKakar104

newbie

Activity: 30

Merit: 0

Quote from: ?? on ??

be patient if you want to get the money back, my friend.
Invest in waves or ethereum and wait. Good luck Cheesy

you advise him to wait and at the same time advise him to invest, LOL Tongue

i think he have to wait because right now different ICO's started and divert the attention of peoples from the coin on which you invest, don't worry all these shitty coins ICO will soon be failed and people come back to their old coins and their price get high with in a week.

pitham1

legendary

Activity: 1232

Merit: 1000

Quote from: micrypto on October 13, 2017, 12:33:03 PM

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! It is all a question of timing. If you had invested in March instead of June, your stash would have increased by a factor of 20. At such big haircuts, I don't recommend selling. Sit tight and wait for the price to recover.

Technical

member

Activity: 64

Merit: 10

Quote from: croTek4 on October 17, 2017, 04:40:25 PM

States haven't joined the party yet, it'll be a heck of a fun when all the governments will start to mass Bitcoins. They can't stop it, so... I guess they will just take profits while it's not too late. Wink

I read the news somewhere that Russia has started CryptoRuble or something similar. I think more governments will be jumping into this.

croTek4

sr. member

Activity: 392

Merit: 250

the Cat-a-clysm.

I have lost 100% of my bitcoins in margin call, one time Grin

big time.

Anyway, we all have been through theses kinds of troubles. But worry not, my friend ! For there is still plenty of time for you to get back your money. Think about that guy that made 40'000% in 6 month only by trading on Ethereum all day, this guy must have tanked some serious hits before arriving to this kind of profits ! You don't need more than a few hundred bucks to approach the million by the year 2025. Choose wisely, for there's other projects that will pack a punch like Ethereum did.

States haven't joined the party yet, it'll be a heck of a fun when all the governments will start to mass Bitcoins. They can't stop it, so... I guess they will just take profits while it's not too late. Wink

Topic: I lost 80% of my bitcoins in alts, What can I do now?! - page 89. (Read 21873 times)