Indeed the market has been unstable a little of late. However, this gives a great opportunity to buy in on some of the coins that you think have great returns.
But returns isnt the whole story. Tech and the determination of the team (i.e, their commitment to the project is strong and they wont bail out) are also factors that you should consider. This is because the people making big bucks on bitcoin right now did not sell when it reached like 10$, 100$ or even 1000$.. they held most of their stack. And to hold means the coin should have these strong features.
Topic: Should I cash out and take the loss? - page 2. (Read 2469 times)
Do not. my advice stay patient for now. indeed a situation like today must be more mature so that we can face with a patient state to be able to get a big profit later
I advise you not to cash out, now the market is bleeding, the price of Bitcoin and all altcoin are very low, if you sell you will lose a lot of capital. You should continue to hold and be patient. I believe that at the end of the year the price of crypto will recover and increase. Besides, now is a good time for you to buy more altcoin. Some altcoin that I suggest you buy are Ethereum, Stellar, Cardano and Monero.
it is very sad when you lose money! I have lost a part too, but I don't panic now, I believe that it will change and there will come good times when the market pleases us in green color. I believing that the cryptocurrency is the future
And it is not going to do you any good either if you cash out right now and choose loss rather than claiming the future profit. This is actually rejecting your own plan and idea. Your strategy is worth more than your loss. Be wise and stay alive in the market without selling a single coin and hodl till you get enough from the price appreciation. We are expecting a rise in the end of the year and that might add a big value to the worth of your portfolio. 
a market turn around ul surely be kicking yourself, but is that turn around going to happen, you have to follow your gut and go from there.
it's really what you say, because it depends on other people. but if my advice for this year is better to wait patiently for the right time to sell coins rather than sell instead it causes a substantial loss
Cashing out/selling off is just the same because you end up losing. I think it is just okay to cash out if you sell it higher than the price when you buy that crypto. Because if not, then why not just wait for just a while and let it grow and sell it at a higher price?
a market turn around ul surely be kicking yourself, but is that turn around going to happen, you have to follow your gut and go from there.
it's really what you say, because it depends on other people. but if my advice for this year is better to wait patiently for the right time to sell coins rather than sell instead it causes a substantial loss
a market turn around ul surely be kicking yourself, but is that turn around going to happen, you have to follow your gut and go from there.
it's really what you say, because it depends on other people. but if my advice for this year is better to wait patiently for the right time to sell coins rather than sell instead it causes a substantial loss At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!
If you get out of the market now you are never going to recover your money, I know that things are not looking good and it is going to take a lot of time for the market to recover but if you get out that will be the end, so you need to really think about it and please do not take a rushed decision, but if you are really convinced to get out of the market then the only thing I can do is to wish you good luck and hope you do well in the next market in which you decide to invest. There are some positive signs and news recently, so dont make decision too quick.
Its not only bpt and prl that were falling , but the entire cryptocurrencies.
No point in selling now, stay strong and it will pay off in the near future 
How do you write that you have $ 4000, and at the moment you have $ 1000. It turns out you lost $ 3000. I think that this 1000 $ is better to put now in bitcoin. Because he fell down to a special level and now hesitates. But soon it will go up. It's the same market.
No don't cash out yet, don't get your conception distract you for being investing on some altcoin. Hodl it for quite some time, 4th quarter is coming. The green market very near. So hold your horses...
Taking a loss now at these rock bottom prices is no good. Better to hold on and do nothing. The market can turn back up any day on any good news.
not now, because you not get profit so you should hold and wait, this is not good time to sell but now all coins price is cheap so you don't get any profit.
Perhaps it is worth revising the strategy and starting to participate in day trading, so that you can buy a few promising coins for the profit. I think it will be much easier than selling everything and staying with nothing.
a good solution, There will always be people who sell at the bottom and buy at the top, Selling all the coins you have is not the only option, you can get a portion of it then use it for day trading. To be honest, we must continue to wait and shake but there is nothing wrong with doing something while waiting.
You'll only make your situation from bad to worst, keep calm and wait for them to recover. Accepting that you lost your investments are wrong and you must be positive. Endure it for now and make this situation as a lesson.
At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!
If you get out of the market now you are never going to recover your money, I know that things are not looking good and it is going to take a lot of time for the market to recover but if you get out that will be the end, so you need to really think about it and please do not take a rushed decision, but if you are really convinced to get out of the market then the only thing I can do is to wish you good luck and hope you do well in the next market in which you decide to invest. There are some positive signs and news recently, so dont make decision too quick.
Its not only bpt and prl that were falling , but the entire cryptocurrencies.
For me, this loss seems to be already really steep and clearly too much, I would probably just keep my cryptos. If you really need the money cashout if not I would let it sit and wait, who knows the future...
a market turn around ul surely be kicking yourself, but is that turn around going to happen, you have to follow your gut and go from there.
At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!
Such action will just result to regret when the market starts to rise which do always happen since the market dumps are just temporary. It won't solve the problem with loss profit. Be practical and observe that same amount of holdings are there, and it is only the value which is falling. Once the market starts to rise, profit will again be earned and we just need to be patient. Selling will just make the situation worse. Jump to: