There is a lot of dangerous advice being given here. If you think that the entire market is just going to eventually pick and recover you're very much mistaken.
Some alt coins will enevitablly die out. This is an unprecidented time where anyone can copy a cryptocurrency core code distribution and market their own alt-coin. The vast majority of these have very little practical use, or at least simply mimic what another 100 altcoins are already doing.
I see a time come where most altcoins will be worth nothing and only a few remaining will stand below Bitcoin itself.
The bottom line is - there are going to be lots of people who will lose a FORTUNE in the coming years through investing in altcoins. It is akin to investing in a start-up stock market such as AIM, 95% of shares on this index will crash and burn, sure, you might make some money along the way if you're lucky enough to sell on the spikes, but history has shown us that most of these companies will have their share price plummet and never recover, I expect the same kind of thing will happen to the alt-coin market.
Topic: What am I to do? - page 6. (Read 12078 times)
Hodl is the best thing to do when the the market starts to go down. Many experts says that its better to hold when the market is down because there is a chance that the market will pump. If you sell it before the pump happen, that is a huge mistake you'll done so its better to hold. but for some shitcoins its better to dump them since the coins are scam or trash
Panic in this case will not help you for sure, and I do not see any reason to sell, because you can only fix the loss!
Now all the markets are crashing down and I don't know what to do with my altcoins. My briefcase fell 30% in a couple of days. I'm afraid I might lose more. Selling or hodl?
Try to trade. Not all techniques is positive when it comes to HODLing coins. What I mean is that, HODLing is not always the answer to the downfall of cryptocurrencies. Maybe the ICO is having a trouble so we need to find out others that can provide as more opportunity.
If I have any altcoin now I'd like to get rid of it, because I guess it's not the real bottom yet. If (or better to say when) BTC drops to 5000 or even 4000 many alts will almost die in relation with their current state.
It is up to you whether you want to sell or hold. If I am in your place, I would certainly hold, hold and hold until the coins I have been holding go up as much as to recover my loss. In your case, you have lost 30 percent. The loss would be covered if the market goes up a bit. And you should sell all your holdings if you think that cryptocurrency is going to die forever.
I do not think that the cryptocurrency will die, I hope the situation on the market is temporary and everyone will get a profit from their investments
It is up to you whether you want to sell or hold. If I am in your place, I would certainly hold, hold and hold until the coins I have been holding go up as much as to recover my loss. In your case, you have lost 30 percent. The loss would be covered if the market goes up a bit. And you should sell all your holdings if you think that cryptocurrency is going to die forever.
Now all the markets are crashing down and I don't know what to do with my altcoins. My briefcase fell 30% in a couple of days. I'm afraid I might lose more. Selling or hodl?
keep calm and don't move carelessly because it will make you even more sorry in the future. rest assured that prices will recover soon and soar. That's my suggestion for you, I also don't want you to lose the next day for that. You can still be patient and don't do anything that will endanger yourself.
Now all the markets are crashing down and I don't know what to do with my altcoins. My briefcase fell 30% in a couple of days. I'm afraid I might lose more. Selling or hodl?
don't worry about that , it's normal situation in cryptocurrency market because now the market is in downtrend . Now you should hold them and never sell it until the dowtrend appears . I personally think the main thing is not to panic. And in everything slowly you need to understand. The fact is that now the market is standing still and soon according to expert forecasts the price will go up. And then everything will be fine.
Now all the markets are crashing down and I don't know what to do with my altcoins. My briefcase fell 30% in a couple of days. I'm afraid I might lose more. Selling or hodl?
So tell me what you coin has fallen so much ? if they are below 100 seats then I would sell on your site , unless of course you have the top coins then wait for the market recovery then! 
if you don't want to lose then you have to hodl but if you are afraid everything gets worse and the price gets lower then you can sell as soon as possible before the things you fear happen but even though the situation gets worse but I believe that someday everything will come back be good and if you want to wait then you will avoid losses
I would recommend that you just keep the tokens and not sell, you have very much fallen and you have not sold at the resistance level the only adequate solution would be to just keep the tokens and wait for the market to recover
agree with you. Certain difficulties have arisen in the market recently, but I wish you to look into the future with optimism.
I think you shouldn't panic and wait for growth.
Now all the markets are crashing down and I don't know what to do with my altcoins. My briefcase fell 30% in a couple of days. I'm afraid I might lose more. Selling or hodl?
From March to now the market is no different, even the altcoin also reduced prices sharply. If you keep your coin let continue to do so, do not sell them at this strong resistance. Keep your faith and wait for the market to recover.
I would recommend that you just keep the tokens and not sell, you have very much fallen and you have not sold at the resistance level the only adequate solution would be to just keep the tokens and wait for the market to recover
Now all the markets are crashing down and I don't know what to do with my altcoins. My briefcase fell 30% in a couple of days. I'm afraid I might lose more. Selling or hodl?
In situations like this it is indeed a confusing situation for us to make the next decision or step that we will take, sell or hold. If I am in a situation like that, I will do a first analysis of the coin, and estimate whether it is possible to recover and increase or not, then I make a decision that I think is right to do even if it is not in line with expectations.
First, calm down and do not panic. Any loss can be covered, it will not be difficult. Positions slipped by 30% to the dollar or Bitcoin?
Now all the markets are crashing down and I don't know what to do with my altcoins. My briefcase fell 30% in a couple of days. I'm afraid I might lose more. Selling or hodl?
If you sell, then everyone will benefit from it. If you hold, then only you will win. Do not panic and be patient as AtlasBitcoin crashed multiple times within a week and this shows an instability in the market, really i don't know what to do, the price today increased a little bit, I see the graph have turned up a bit but it is still too low, so except of holding I don't see any other option in this because to sell at this stage it really hurts because we had many chances to sell at 20k and we resist because we hoped for a better and a higher price but seems that those were gold days for us which may never come again.
With such a drawdown, I think the only true option would be to just keep your coins and wait for the market to recover
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