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Topic: Try to recover loss - page 22. (Read 1942 times)

full member
Activity: 294
Merit: 101
March 15, 2018, 06:43:41 AM
#85
If you really want to give up and sell your altcoin, always make sure that its price not that low.
But if its price is very low dont ever try to sell it, because recovering your money will not be so easy.  If i were you i will still hold all my altcoin even though i lost some of my money, because i have trust in that alt and i know it will recover to the point that it can give me big profit.
newbie
Activity: 49
Merit: 0
March 15, 2018, 06:40:42 AM
#84
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.
full member
Activity: 449
Merit: 103
Decentralized Ascending Auctions on Blockchain
March 15, 2018, 06:28:39 AM
#83
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
legendary
Activity: 1232
Merit: 1029
March 15, 2018, 06:23:24 AM
#82
Trying to revenge from markets only can lead to one final: Trader will lose all balance/investment sooner or later.  Recovering loss is kinda to keep falling knife while you act emotionally. Market is always right and trading mistakes will make you wise person.. I always turn off computer in case of losing money  in market.
It will definitely lead him to that. One mistake he wants to do now is buying at the top and selling at the bottom. That is not a ways to trade any market. Since he has missed the top, the best thing now is to wait for the next top, and learn how to trade before then so he does not miss it and with that he can decide to sell some of his holdings and start trading from there, but trying to sell now is actually an insane thing to do.

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 this sense, you are not recovering loss, you are accepting loss instead. What is the point? If you are to start trading now anyway, it is either you are buying at the bottom right now which most of the alts already are and then selling at the top. Also, if you feel you even want to trade, you should only be using stop losses for any coin that just probably has broken support and shows sign of more free fall. If you sell out now, you will be more worried to see huge loss, if the market recovers after then and you end up gambling your position.
member
Activity: 327
Merit: 11
March 15, 2018, 03:54:12 AM
#81
If you are new to trading and don't know what to look out for decision making, I suggest not to do so. I have done that and it's like gambling for me and well I also lost a bit. I wish I would have spread out my investment though.
sr. member
Activity: 2016
Merit: 283
March 15, 2018, 03:35:35 AM
#80
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 hold it mate and don't eagerly sell if you want to recover your lose on it and observe the potential of the coin first before you decide to sell. cause you might lose your profits if you sell at lose.  'and also its dosn't mean it will continue yo decrease 'cause in fact there's a time also it will pump maybe not now but surely it will Just wait for it.
full member
Activity: 602
Merit: 100
March 15, 2018, 03:13:36 AM
#79
That depends on the altcoin your hodling if it is one of the top 10 then you just hodl it and wait for it to recover but selling it right now will only result on you losing more than you can actually gain. I personally was holding etc then ive heard that etc was abandon that's why it drop to 10℅ then ive panic and i decide ive traded it to btc so i can avoid further lose.
As of these moment, those who hodl  a lot of coins will definitely be worried and trying to think of something on how to avoid loses. Maybe some people will tend to follow your plan in order to avoid further loses but when times like this that almost coins are dropping we really need to hodl and should be positive. This time we need to control our emotions in order to avoid big loses.
hero member
Activity: 1302
Merit: 540
March 15, 2018, 02:58:30 AM
#78
That depends on the altcoin your hodling if it is one of the top 10 then you just hodl it and wait for it to recover but selling it right now will only result on you losing more than you can actually gain. I personally was holding etc then ive heard that etc was abandon that's why it drop to 10℅ then ive panic and i decide ive traded it to btc so i can avoid further lose.
Which is right, if you are holding projects/alts that have real purpose then keep holding is much prefer, value are dropping because of the main basis where dropping, just wait for some time and allow bitcoin to recover, then you will see that eventually the price will recover, what you are thinking right now is too risk  we can't predict what way the market will go, better to stay out and think of your holdings as a long term investment.
full member
Activity: 518
Merit: 145
March 15, 2018, 02:54:16 AM
#77
Which coin you're holding? If it's being in top 100 on coinmarketcap I think you should hold until all these dump ended cause coin in top 100 on coinmarketcap have very good potential so IMO you'll regret when you see these altcoins price increase right after you sold it all. For now I'm also stucking with altcoin but I'm still trying to hold cause I know it has very good potential Smiley
Since he has even held for long to this point that the market has bottomed out, the last thing he wants to do is to sell. If he wants to recover any loss, the best is to wait for market recovery and make use of that waiting opportunity to learn and get better at trading which from all that he has asked now, he obviously wants to make the worst mistake of his life by jumping into trading without knowledge which is easy to conclude from the question he has asked.
If the coins have potentials like you said, he should hold on to them, if they are shit coin, he can sell them and buy into a strong one that is showing good buy signal.
full member
Activity: 980
Merit: 114
March 15, 2018, 02:06:11 AM
#76
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?
you mean margin trading ? I think it is very risky than investment. Investing in crypto currencies now is not easy and one need to know what lay ahead before putting money. Bitoin alone has lost over $13,000 since this year and trading them now may not be a good idea.
sr. member
Activity: 1400
Merit: 269
March 15, 2018, 12:58:36 AM
#75
That depends on the altcoin your hodling if it is one of the top 10 then you just hodl it and wait for it to recover but selling it right now will only result on you losing more than you can actually gain. I personally was holding etc then ive heard that etc was abandon that's why it drop to 10℅ then ive panic and i decide ive traded it to btc so i can avoid further lose.
legendary
Activity: 3066
Merit: 1312
March 15, 2018, 12:45:38 AM
#74
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?
it is better not to sell your assets at the time of the fall, now it's good to buy

Selling assets when they are dropping would be panic selling. Now FUD may force a person to panic sell which is manipulation of public and which is one of the main essence of the FUD that is normally spread. People who fall for the FUD will face the aftermath.

Not always, selling when they are dropping but if there is a purpose to buy more at cheaper price then it cant be called as panic selling. It is a strategy imho, but yes if the we sell it without following by other buy with cheaper price then it is a panic selling.
It is also normal for trader (especially beginners) to be so afraid with the dropping. At least they can learn from it and they would not do it again in the future.
newbie
Activity: 94
Merit: 0
March 15, 2018, 12:41:00 AM
#73
I dont like this idea. it is very late to sell your altcoins because altcoin market is its deepest point. people do not sell and dump them anymore. And they will start to rise again in next bull run. if i were you i would wait till market recovers.

Yes agree with you. If you sell your coins now, do you think there is a good coin now? I dont think so because the altcoin market is now on the deepest point. So better to hold it until the market recovers.
member
Activity: 350
Merit: 11
March 15, 2018, 12:01:25 AM
#72
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 think you can do that. It's name in trading is 'cut loss'. But you must look at deferent price with when you buy. The potensial loss is max 3% from when you buy it. If there more then 3%, maybe will hard to recover it with new coin trade.
member
Activity: 1204
Merit: 38
March 15, 2018, 12:00:30 AM
#71
It all depends on what kind of coin you have. If the coin is not scam, then at the beginning of summer it will make X with a high degree of probability. If the scum, the sooner it is sold, the better - fix the loss.

Loss and success are very common in all field sometimes it gives happy and sometimes very sad so you can manage both these things equally and try to move forward from that point if you learned this way you can easily face all situation in your life .
newbie
Activity: 193
Merit: 0
March 14, 2018, 11:48:42 PM
#70
It all depends on what kind of coin you have. If the coin is not scam, then at the beginning of summer it will make X with a high degree of probability. If the scum, the sooner it is sold, the better - fix the loss.
member
Activity: 490
Merit: 10
Life is full of struggle
March 14, 2018, 10:27:32 PM
#69
i think so, you can recover your lose in this way. i also do this when i lose my profit. maybe you recover your lose in 2/3 months.
hero member
Activity: 3010
Merit: 629
March 14, 2018, 10:03:35 PM
#68
I dont think its a good idea to sell your coins now as we can see in the market the coins are in red, you might lose more if you try that strategy to recover your loss as it means panic selling.

Just hodl your coins and wait until the prices recover again, then try the strategy you think can work for you but for now be patient and forget for a while the status of the coins you're holding.
sr. member
Activity: 958
Merit: 265
March 14, 2018, 09:58:35 PM
#67
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 think you're decision is wrong because the coin that you hold are on dump price so if you would sell it then you're coin are get pumped you will lose your money only better to hold it and wait for new ATH but if you think that your coin will dump more that is good to sell it and start trade again for a lower price Wink
Just think if you would sell your coins then after you sell the coin you hold will recover what you will do? You will ride again in a higher price? so it means you lose some of your capital and profits.
newbie
Activity: 18
Merit: 0
March 14, 2018, 09:22:44 PM
#66
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?
selling your coin when the price is in a bad rate really mean that you gonna lose some money, i think the right thing to do is try to keep some coin which has a good project in the future and sell the rest of the coin that might keep on decreasing just to cut the loses. i believe that in every business we cannot keep on gaining profits and losing our money sometimes is a normal thing.
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