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Topic: Try to recover loss - page 21. (Read 1922 times)

full member
Activity: 2086
Merit: 193
March 15, 2018, 04:56:50 PM
If you don’t make any action regarding on your portfolio then its just a paper loss and over time if the market gets better that paper loss will become a profit. Holding is a great idea to survive right now, the market are keep on dumping don’t ever panic.
legendary
Activity: 1232
Merit: 1091
March 15, 2018, 04:38:59 PM
We wont lose nothing if we dont sell out our holdings.Recovering is possible by just holding it out.

If you don't lose anything by holding your coins, which is indeed the case, there will also be nothing to recover. It's the fiat aspect that drives people crazy, and as long as they can't distance themselves from that aspect, they will keep making the same mistakes. I am in Bitcoin for the long term, so short term speaking, it doesn't make any difference if my coins are worth $8000 or $20,000 like in December. Technically, it wouldn't even make a difference if the value of my coins were either $10 or $50,000, because at the end of the day, I still have the same number of coins. I can understand that not everyone thinks like that, but come on, the long term is the only thing that matters....
hero member
Activity: 2730
Merit: 632
March 15, 2018, 03:14:05 PM
It wont work if you have the coins already since we are all down now.

You will have to hold instead of just losing them.
Many got the same problem like yours. The fight here is your patience. Take this as a holiday and just rest. Maybe next week there will be good news again. Hope and move to spread the news about the altcoin you are supporting.
Emotions would really be the big enemy on here specially into these kind of market situations which you would really having the thoughts on cutting losses or panic selling.This is normal to be felt since we are just human being at all but having a self control on these kind of situation would really help you out to avoid further loss.We wont lose nothing if we dont sell out our holdings.Recovering is possible by just holding it out.
hero member
Activity: 2912
Merit: 642
March 15, 2018, 02:58:17 PM
Think about it. Sell now, then suddenly it climb again. Then you will buy?  Grin
It could be waste of time, effort and money. Why not just HODL?

This are the errors that had been made by a lot of traders and I am guessing you have read a lot of suggestions here just like mine.
It will be a foolish decision and your choice could end you up into zero. Trust your altcoin, you bought it then maybe you know what price it could reach once it improves. This is just one more test how much you can grip it even when everything is down. You cannot go anywhere if you sell it.
sr. member
Activity: 1400
Merit: 259
March 15, 2018, 02:18:48 PM
It wont work if you have the coins already since we are all down now.

You will have to hold instead of just losing them.
Many got the same problem like yours. The fight here is your patience. Take this as a holiday and just rest. Maybe next week there will be good news again. Hope and move to spread the news about the altcoin you are supporting.
sr. member
Activity: 602
Merit: 259
March 15, 2018, 01:50:11 PM
Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?

That's not good way to go around your loss and try to recover your loss. The thing is we are currently in red blood bath which means your altcoins are already in loss. If you sell these coins then you are in loss already and thus reinvesting into trading will attract more and more risk in it. I think you don't wanna make that kind of investment into uncertain world of crypto currency. ;-)

If you have invested into altcoins at low point and you are still in the profit then you can take step forward the way you have explained above. But I'm sure all the coins already so down that you might be in loss.
hero member
Activity: 1820
Merit: 515
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March 15, 2018, 01:48:42 PM
#99
Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
If you want to recover your losses from price dump then you need to hold your coins,if you sell means you actually lose your investment capital but if the price of that sold coin decreases more and recover later then you can sell it but it is actually impossible to say when it will bump and dump so just hold your coins and wait for the price bump to occur.But normally the price will bump at back end of the year so hold until that to make profits.
You wont really lose nothing if you just hold of your coins and didn't panic sell which this is the most basic thing or must to do if we do see falling market.If you can able to risk up to fasten up the recovery of loss you can eventually buy even more on dips so that the average loss would go lessen as the price do go in reversal.This is what I'm doing which I do minimize the gap on entering the deepest price as possible.
But many people don't want to take this kind of risks that buying at the time of price is falling but you are right it is the thing we need to buy the cryptos which can faster our recovery time.But we never know how long the price will go down so it is still confusing for the investors when to buy at the dips.
full member
Activity: 403
Merit: 100
March 15, 2018, 01:25:42 PM
#98
ok. this is also a good choice. but to do this, you have to have a good knowledge. how can you do which coin will recover soon in this dropping market? Do you have enough information to give decision? i hope that you can find the anwsers
Maybe this will not be a good choice as the market continues to go down and if you exchange it for a new Altcoin, it may still go down instead of going up. Things are risky, do not try to make choices at times of difficulty.
legendary
Activity: 1386
Merit: 1020
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March 15, 2018, 01:23:55 PM
#97
Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
If you want to recover your losses from price dump then you need to hold your coins,if you sell means you actually lose your investment capital but if the price of that sold coin decreases more and recover later then you can sell it but it is actually impossible to say when it will bump and dump so just hold your coins and wait for the price bump to occur.But normally the price will bump at back end of the year so hold until that to make profits.
You wont really lose nothing if you just hold of your coins and didn't panic sell which this is the most basic thing or must to do if we do see falling market.If you can able to risk up to fasten up the recovery of loss you can eventually buy even more on dips so that the average loss would go lessen as the price do go in reversal.This is what I'm doing which I do minimize the gap on entering the deepest price as possible.
hero member
Activity: 1820
Merit: 515
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March 15, 2018, 01:16:37 PM
#96
Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
If you want to recover your losses from price dump then you need to hold your coins,if you sell means you actually lose your investment capital but if the price of that sold coin decreases more and recover later then you can sell it but it is actually impossible to say when it will bump and dump so just hold your coins and wait for the price bump to occur.But normally the price will bump at back end of the year so hold until that to make profits.
member
Activity: 378
Merit: 10
March 15, 2018, 12:42:05 PM
#95
Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?

I do not advise you to sell everything right now. We need to wait until the market recovers. If you sell everything right now, then you will lose your money. After a fall, growth always begins. Therefore, it makes sense to wait.

Even though you suggest them, most of the panic people will sell all their coins because they won't bother about whether market will recover or not and they won't bother about their loss also.
member
Activity: 224
Merit: 18
March 15, 2018, 12:30:38 PM
#94
Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?

In my opinion ,if u are watching any coin closely then u can convert some of ur alt coins in that,if it is in its lowest.FOR example last time, I convert my some of altcoins in cindicator because it decreased around 400% in two days.I also read news regarding it ,no negative news there ,so i convert my other alt coins in it and I got 3x within 3 days.But it is possible when u r watching or following any coin very closely.Blind investment in this time is very risky.if u r not following any coin.then best way just hold.
member
Activity: 266
Merit: 10
March 15, 2018, 12:21:38 PM
#93
Actually a bewilderment is coming in my mind. I have lost 40% fast in the past few days. Of course I will try to recover the losses by grasping and holding during this time. Too much influence and disadvantage is happening. I hope that these things will soon finish for the return of the crypto.
member
Activity: 214
Merit: 10
March 15, 2018, 12:20:23 PM
#92
Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?

Just wait for the right time for you to sell coins. If you are monitoring the price then it's good. Trading is not getting faster to sell the coins.
sr. member
Activity: 546
Merit: 253
March 15, 2018, 12:10:00 PM
#91
you should not do anything now man! to choose a good coin to trade is very hard unless you have domestic informations. the best choice is holding and forgeting them
member
Activity: 294
Merit: 13
March 15, 2018, 11:18:26 AM
#90
Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
Try to buy back if you have free money for your investment, don't sell everything (home, car,etc) . With that strategy, you can get your money back when the price is a half from when you buy at the higher price. You also can do cut loss if you believe your coins will go down deeper, then you can buy back when you believe that coins will alive again. So, with cut loss you can buy more coins, this helps you faster to get your investment back. But, no one can 100% guarantee the price will go down or up. Cheers.
member
Activity: 336
Merit: 10
March 15, 2018, 11:14:37 AM
#89
Of course, no one expects continuous losses. but right now, that has become a reality, I have lost 40% of my currency's value recently. Maybe things slide pretty fast for me. But I will not sell them for the fall of the loss. I will wait the market back to welcome a boom worth like last year.
full member
Activity: 462
Merit: 101
March 15, 2018, 10:56:45 AM
#88
Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?

I do not advise you to sell everything right now. We need to wait until the market recovers. If you sell everything right now, then you will lose your money. After a fall, growth always begins. Therefore, it makes sense to wait.
full member
Activity: 406
Merit: 104
March 15, 2018, 10:53:02 AM
#87
Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
If you sell your alt coins for a loss and do trading  the risk of losing again is higher since market is bearish expect more downside than upside better to hold alt coins with good project or can stand for long term don't buy altcoins that are purely speculative or  just hype by other people this may not recover its price once market continuously down.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
March 15, 2018, 10:48:49 AM
#86
ok. this is also a good choice. but to do this, you have to have a good knowledge. how can you do which coin will recover soon in this dropping market? Do you have enough information to give decision? i hope that you can find the anwsers
Totally depends on what FUD the market is buying into. If they are telling about pumping some shitcoin and you already possess that coin in some sort of holding then that coin is going up. So make your trading orders such that you can reap some money from that. Remember, shitcoins will remain shitcoins, target of pump and dump. But bitcoin is eternal.

I think only way is just waiting for now. Losses are heavy for me, but I'm optimistic about this. I think I'll recover my losses, it's just that I don't know when.
I wonder how much losses you are considering as "Heavy". Because its relative for every person and if you think its too heavy then its better to dump and the next rise and then leave the market.
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