What do you do when you are over 50% lose on your trades? - page 9.

greenclub09

full member

Activity: 560

Merit: 102

BBOD - The Best Crypto Derivatives Exchange

Quote from: mdayonliner on January 24, 2018, 12:52:38 PM

On 10th I bought these coins...

QLC     665.39235960 spent 0.04669735 BTC now value 0.02208817
DBC     3489.01913490 spent 0.11399558 BTC    now value 0.04789097
UTK     999.14623990     spent 0.07351075 BTC now value 0.04367548
TRX     11704.11100000 spent 0.11480700 BTC now value 0.07415842
VTC     43.46405229     spent 0.01995629 BTC now value 0.01713204
MUSIC 6321.99316783     spent 0.04531524 BTC now value 0.02180519

If you notice in all these coins I am in HUGE lose. I am holding this of course. Coz I would never sell my coins in lose. I did in past but learnt my lessons.

How do you handle when you are in my situation.

Usually in these cases when we have lost nearly 50% of your money, we don't have much choice but keep holding until its rise again. however there are many chances that those coins will rise back in the future, so holding will be a much safer way. But if you don't know exactly what will happen to the future of your coins then selling some coins to cut loss may be a better idea.

altercreed

full member

Activity: 434

Merit: 101

Trading is not an easy task especially if you're a day trader. Anything can happen anytime of the day and you may miss a big profit or end up seeing your cryptos in a losing price. If i am already losing over 50% of my trades, then i think, i have to stop and hodl for a while and see it back if needed.

n0ne

hero member

Activity: 2604

Merit: 548

Vave.com - Crypto Casino

Quote from: angaper on February 08, 2018, 06:48:55 PM

At this moment I am losing more than 60% of what I had invested in the month of December, so at this moment I no longer find it a good viable option to sell my altcoins at a price as low as the current one. At least from the statistical point of view at this moment it seems much more likely that the price of the altcoins will experience an upward correction that will continue to fall as strongly as it has hitherto. Therefore "hold" is my only option at this time.

Most of the users who made their investment by the end days of December will be experiencing a massive loss. This is possible to be gained only when the market grows, as a part now the market has been growing slowly. On the whole holding is the only way, else need to involve into continued buying and selling making use of the small marginal growth.

angaper

hero member

Activity: 966

Merit: 507

At this moment I am losing more than 60% of what I had invested in the month of December, so at this moment I no longer find it a good viable option to sell my altcoins at a price as low as the current one. At least from the statistical point of view at this moment it seems much more likely that the price of the altcoins will experience an upward correction that will continue to fall as strongly as it has hitherto. Therefore "hold" is my only option at this time.

rotonda

member

Activity: 121

Merit: 10

Quote from: tk808 on February 02, 2018, 04:20:41 PM

Quote from: mdayonliner on February 02, 2018, 04:14:29 PM

Quote from: ?? on ??

Hopefully the market will turn soon.

The question is when the market will turn. It has to turn.

The market won't be turning until 6-8 months from now, maybe even much longer. The last time this occurred lasted for 2-2.5 years

Buckle in or gtfo asap

It's so pessimistic forecast I've ever heard. I was hoping for a recovery at the beginning of this year Undecided

But I quess you are right. It is better to hope for the best and expect the worst.

BobBoulder

member

Activity: 140

Merit: 16

Actually, at this moment, we're all in a double-digit minus situation.
You need to wait for the market to recover and You're still not in loss.
You would be if you sold you coins now below the price you bought it.
If you HODL, eventually you could be in the winning position again.

coolcountry

member

Activity: 154

Merit: 11

Quote from: tk808 on February 02, 2018, 04:20:41 PM

Quote from: mdayonliner on February 02, 2018, 04:14:29 PM

Quote from: ?? on ??

Hopefully the market will turn soon.

The question is when the market will turn. It has to turn.

The market won't be turning until 6-8 months from now, maybe even much longer. The last time this occurred lasted for 2-2.5 years

Buckle in or gtfo asap

Thank you for the realistic approach. Every time the price dipped in the last two months, people have been commenting "now the price will start to increase" or "there is no way but up", without giving any reasons at all. The market shows no signs of real recovery and it looks like it is going to be like this for the foreseeable future.

Treshkilling

full member

Activity: 518

Merit: 100

just wait for the market to recover your coins will give a plus , I also have about the same situation and it is very unstable , you need to understand it. Good luck.

arunakiran

jr. member

Activity: 224

Merit: 3

Once you lose heavy % of your investment you have no choice just HODL, If you want you can average at these prices and will have a pump later.
Don't make losses by selling at these prices, just hodl and wait for the time.

iconoclast

full member

Activity: 770

Merit: 102

Matrix Built On An Ethereum Smart Contract

You need to treat each investment separately, if the reasons you bought them still hold true then consider adding to your position to lower your average cost. If circumstances have changed then reassess your investment. I only sell coins when they reach my target or when the circumstances change.

hildacitra

member

Activity: 378

Merit: 10

the only thing I do if it happens is just keep and wait until the coins I have reach high price, so I can pick the profit instead. nobody wants to lose.

ovcijisir

sr. member

Activity: 1491

Merit: 320

🐪

Quote from: mahimonliner on January 24, 2018, 01:43:08 PM

just forget about the coins and hold until they hit back your price, focus on other coins and ico and do other stuffs.

I agree, sometimes it is best not to trade and hodl. I lost a lot while trading by making rash decisions, and at one point decided it is better so stay low and don't stir things much. Now I am hodling and not worrying very much. Price can go higher and can go lower. It is important not to invest too much in it.

tk808

legendary

Activity: 1512

Merit: 1124

Invest in your knowledge

Quote from: mdayonliner on February 02, 2018, 04:14:29 PM

Quote from: ?? on ??

Hopefully the market will turn soon.

The question is when the market will turn. It has to turn.

The market won't be turning until 6-8 months from now, maybe even much longer. The last time this occurred lasted for 2-2.5 years

Buckle in or gtfo asap

mdayonliner

copper member

Activity: 630

Merit: 420

We are Bitcoin!

Quote from: ?? on ??

Hopefully the market will turn soon.

The question is when the market will turn. It has to turn.

Jobbernowl

member

Activity: 222

Merit: 12

I just do not look at my wallet right now. I open prices on the phone, I see these red %, I close and continue to do my thing. This, of course, upsets me. And I think in my head that I could sell a lot and buy now is cheaper. But it does not mean anything. I can not return the time. So I'm just waiting & I advise you too.

AndrZG

newbie

Activity: 97

Merit: 0

Don't sell your coins, everything will be fine. I don't panic because it is just a correction. Now is a good time to buy altcoins.

kakawin

full member

Activity: 308

Merit: 100

You need to wait until the decline ends. If you succumb to panic moods and sell your coins, then you will regret this later. Cool

dreamer81

sr. member

Activity: 616

Merit: 252

What I DO? NADA!! 50% is just normal volatility, so nothing to be concerned about.. 80-90% is an alarm signal...... but 50% come on, this is not the stock market... this is CRYPTO!!! 4EVA

Gelesko

member

Activity: 322

Merit: 10

Quote from: Phil_Bardsley on January 24, 2018, 12:54:59 PM

You log off your PC, and enjoy your life without crypto.

Seriously.

Maybe check CMC once a week and you will eventually be in the green - it could take a week or a year.

Agree on switching off computer. But I don't think enjoying life is the way you will live ) All you will think of, is ur crypto investment and will switch on computer back very quickly. I was in that kind of situation, but not crypto (well markets all the same staff) My advise, find yourself a hobby. Start going to the gym or running, or whatever u up to. Get ur head in other direction, leave crypto alone for a while. So you could see everything in couple of weeks/month with clear head! Do not panic, it will make it even worse, you will start selling (not at the right prices), then buying (not at the right prices) and you will make even more losses, if not lose everything. Good Luck to u, fingers crossed

mdayonliner

copper member

Activity: 630

Merit: 420

We are Bitcoin!

I want to shout out to the community saying HOLD!

Do not break.

Topic: What do you do when you are over 50% lose on your trades? - page 9. (Read 1327 times)