Time to Bear the Loss? - page 2. | Bitcointalksearch.org

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: shamzblueworld on November 03, 2017, 06:43:36 AM

People who bought altcoins with their bitcoins are in a deep and huge loss due to the rise of bitcoin value, there are possible two options for them now, either keep holding their alts and hope that one day they would be able to recover if the alts pump, but with this option, the time invested could be too much.
Second option would be to sell the alts and bear the loss, of course with this option they will get back a very small percentage of the initial bitcoin investment, but there would be a possibility to invest in other coins and maybe recover their loss, or even just keep holding their left bitcoin and in time of course, its USD value be enough to overcome the loss.

What do you think about these option? Are you in this situation too? What do you plan to do about it?

This thing would really depend on a certain altcoin holder if he would decide to cut loss and put some remaining funds on bitcoin.For me cutting loses on my altcoins wont really happen since I would rather decide to hold it up until it recover than on selling them on cheap.I cant bear the loss because if we do see the price decrease % on most alts as of now they are really on some serious price decrease.If you do have weak hands they youll end up on selling and also you cant be sure if you would able to break even if you do decide to move funds on bitcoin in usd basis.

Labumi

hero member

Activity: 756

Merit: 500

For me personally if I experienced it, I would look at it from the point (altcoin) where I would get the loss. If indeed the loss I would get due at altcoin then I will sell at low prices then investing again to another place (altcoin), because if I let it happen until down then I wouldn't get a chance to get my money back though $1. But if the loss threshold due to factors of growth I will wait for him.

RoommateAgreement

hero member

Activity: 770

Merit: 500

Bazinga!

there is always only one option not two. and that is to protect your investment. and that is a general advice not just related to altcoins. and protecting your investment means dumping risky investments such as altcoins when they are getting dumped hard and giving you big losses. you prevent those losses by selling fast and selling in the early stages of the dump.

now is the time to already be out of the altcoin market and watching it from outside to try and figure out where the bottom is and also figure out which altcoin will reverse more after the bottom was reached. in other words find the altcoin with the biggest dead cat bounce.

rodalutor

full member

Activity: 364

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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

I think that many altcoins are again nearing rock bottom and bitcoin is reaching its peak so it is still wise to hold, bitcoin cannot sustain its current growth.

aardvark15

hero member

Activity: 1008

Merit: 510

Quote from: shamzblueworld on November 03, 2017, 06:43:36 AM

People who bought altcoins with their bitcoins are in a deep and huge loss due to the rise of bitcoin value, there are possible two options for them now, either keep holding their alts and hope that one day they would be able to recover if the alts pump, but with this option, the time invested could be too much.
Second option would be to sell the alts and bear the loss, of course with this option they will get back a very small percentage of the initial bitcoin investment, but there would be a possibility to invest in other coins and maybe recover their loss, or even just keep holding their left bitcoin and in time of course, its USD value be enough to overcome the loss.

What do you think about these option? Are you in this situation too? What do you plan to do about it?

It really depends on what altcoins you have invested in and what percentage of you portfolio is in those altcoins. I think it’s a good idea to have a portfolio of Bitcoin and a few altcoins and set the percentage for each in your investment. I like the following breakdown or something similar:

Bitcoin 50%
Etherium 20%
Dash 10%
Litecoin 10%
Iota 10%

It doesn’t have to be these same coins or percentages. This is just what I like to invest in. So once you decide what longterm portfolio you want, then you will know whether to sell an altcoin and how much.

ultrloa

legendary

Activity: 2758

Merit: 1228

Quote from: shamzblueworld on November 03, 2017, 06:43:36 AM

People who bought altcoins with their bitcoins are in a deep and huge loss due to the rise of bitcoin value, there are possible two options for them now, either keep holding their alts and hope that one day they would be able to recover if the alts pump, but with this option, the time invested could be too much.
Second option would be to sell the alts and bear the loss, of course with this option they will get back a very small percentage of the initial bitcoin investment, but there would be a possibility to invest in other coins and maybe recover their loss, or even just keep holding their left bitcoin and in time of course, its USD value be enough to overcome the loss.

What do you think about these option? Are you in this situation too? What do you plan to do about it?

I'm holding my coin whatever it takes and I can accept the lose if the faith let it happen on me, And I will just simply ignore my dump coins for now and came back for it later on next year and see on what will be the result of bag holding this shit off. But if people are impatience to wait for that time then they must drop their decision on either they can accept the sudden lost or wait for further miracle to be happen.

cynical

full member

Activity: 490

Merit: 136

would it be true to say that trading the altcoins now into bitcoin to get free 2x coins to trade back into bitcoin or the same altcoins will result in a greater return than hodling the original altcoin?

ladydark

hero member

Activity: 686

Merit: 500

Altcoin guys have only two possible options before them.

Either just sell their altcoins in loss for bitcoins and hold bitcoins until they recover their loss with increase in bitcoin price.

The second option is to just hold their altcoins until november 15th when segwit 2x would be activated.After that,surely many bitcoin holders would sell their bitcoins since they would have got free coins and they would start buying altcoins which would pump altcoin price.

So,just patiently holding altcoins for two more weeks seems to be the best option.

clrpod

full member

Activity: 322

Merit: 114

Quote from: shamzblueworld on November 03, 2017, 06:43:36 AM

People who bought altcoins with their bitcoins are in a deep and huge loss due to the rise of bitcoin value, there are possible two options for them now, either keep holding their alts and hope that one day they would be able to recover if the alts pump, but with this option, the time invested could be too much.
Second option would be to sell the alts and bear the loss, of course with this option they will get back a very small percentage of the initial bitcoin investment, but there would be a possibility to invest in other coins and maybe recover their loss, or even just keep holding their left bitcoin and in time of course, its USD value be enough to overcome the loss.

What do you think about these option? Are you in this situation too? What do you plan to do about it?

I do find myself in this situation to an extent but fortunately I'm not very heavily invested in alts, I've managed to day trade with the holdings I did have so that even with the price crashes I've nearly maintained my amount of bitcoin at current prices so I see no reason to sell now because if alts recover as expected I'll profit a very nice amount

DaMut

sr. member

Activity: 1274

Merit: 263

i do not think cut the losses right now is a good idea,
because this movement will not last forever,what i mean is right now in my opinion everything is bottomed except Bitcoin itself.
but nobody know about the future because right now everything is unpredictable,
and if in a few weeks later on Segwit2x locked in,there will be a storm in Bitcoin.
with that i believe everything will make their move,but i can not guarantee it.
who knows what will happen with Bitcoin after the segwit2x? maybe the price is dumping or it may be caused a lot of massive upward movement.
just holding it if you already lost it for more than 30% from your initial amount,
holding Bitcoin to overcome the losses is unlike will happen.

crairezx20

legendary

Activity: 1638

Merit: 1046

There is no other option than holding your altcoin.. Honestly i am holding bitcoins for only for bitcoin and i have my own budget for altcoin.. which is hoping to make huge profit like in bitcoin since i couldn't invest a lot in bitcoin i am trying to hope in altcoin that someday the price also increase.
Since there are lots of altcoin right now are getting increase after the huge fall like vertcoin if you know vertcoin it was like speeping for how many months and right now there is a huge volume coming and hope that they can support vertcoin to increase its value in the future.
So seperate your investment for bitcoin and for altcoin..
But there is an option that you can invest more in bitcoin and focus without investing in altcoin since the price of bitcoin is getting more price increase..

btc_angela

hero member

Activity: 2660

Merit: 551

Quote from: shamzblueworld on November 03, 2017, 06:43:36 AM

People who bought altcoins with their bitcoins are in a deep and huge loss due to the rise of bitcoin value, there are possible two options for them now, either keep holding their alts and hope that one day they would be able to recover if the alts pump, but with this option, the time invested could be too much.
Second option would be to sell the alts and bear the loss, of course with this option they will get back a very small percentage of the initial bitcoin investment, but there would be a possibility to invest in other coins and maybe recover their loss, or even just keep holding their left bitcoin and in time of course, its USD value be enough to overcome the loss.

What do you think about these option? Are you in this situation too? What do you plan to do about it?

No, I'm not in the situation right now because I'm mostly of a bitcoin guys. For those who have been trapped, is already hard to get out not suffering loses. So that best choice is just to hold on their altcoins and hoping for a pump later when Segwit2x is completed. Most traders now sold of their altcoin to bitcoin, but I'm sure when everything is done in bitcoin, they will go back to altcoin and pump the coins one more.

shamzblueworld

hero member

Activity: 714

Merit: 500

People who bought altcoins with their bitcoins are in a deep and huge loss due to the rise of bitcoin value, there are possible two options for them now, either keep holding their alts and hope that one day they would be able to recover if the alts pump, but with this option, the time invested could be too much.
Second option would be to sell the alts and bear the loss, of course with this option they will get back a very small percentage of the initial bitcoin investment, but there would be a possibility to invest in other coins and maybe recover their loss, or even just keep holding their left bitcoin and in time of course, its USD value be enough to overcome the loss.

What do you think about these option? Are you in this situation too? What do you plan to do about it?

Topic: Time to Bear the Loss? - page 2. (Read 525 times)