What would you do to recover your losses? - page 27.

0t3p0t

sr. member

Activity: 1722

Merit: 357

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Quote from: togamamora on March 18, 2019, 07:41:27 PM

You have a long list of altcoin portfolio that have tanked down by 90% since you participated in the ICO. What was $5000 is now worth $500. You are at a loss of $4000 and there happen to be an upcoming token sale that is pretty hyped.

You are in desperate need to recover your losses and you plan to invest in that hyped token sale in hope that you can earn 5-10x. Would you:

1. Pump fresh fiat out of your pocket into the token sale or
2. Trade off the the altcoins you have for BTC/ETH and invest into that hyped token sale.

Share your thoughts.

What I have done is already done so for me losses cannot be recovered but I am hoping to have a great luck next time with my future investments. If I have failed in my previous investments plan B will follow and that is the time for me to make sure not to loss again. For now, I actually have token holdings and still hoping it will be performing good at this time. Time will come all this losses will become luck.

BennyK

member

Activity: 672

Merit: 14

To recover for losses, an investor must reinvest but this time with a different strategy. The best thing to do is to buy different valuable coins in order to reduce the risk of losing all the investment to a single coin. This time around, take time to study the coin/project before investing.

CuriousGeorge

sr. member

Activity: 1498

Merit: 251

KUWA.ai

Quote from: Uju4real on April 02, 2019, 05:41:22 PM

First of all you are bound to encounter loss in Crypto but most importantly is not to dwell in it, Crypto offers so many opportunities, you just have to find one that suits yoy

But not so many people can deal with crypto trade especially those are not having a good mentalism. As you can see about how it can become another problem that makes anyone will be so difficult to find its opportunity in the cryptocurrency.

949miner

sr. member

Activity: 448

Merit: 250

Stake & Vote or Become a IoTeX Delegate!

I believe the best way to help you recover your losses after a huge drop in the price is to first accept the fact that you have loss your money. Secondly, develop new strategies with the purpose of minimizing your chances of increasing your risk potential loss. Finally, spending a lot of time monitoring and understanding the principles within the crypto space and knowing the trends of the crypto market.

Palmaper

jr. member

Activity: 170

Merit: 4

I personally have made the decision to opt for the second option, because I do not have enough capital to continue betting on new ICOs that, like the previous ones, offer no guarantee of profitability. And waiting for those tokens that have lost more than 90% of their value to be recovered seems to me to be somewhat illusory, especially when many of them are currently abandoned projects.

That is why I have chosen to try to recover as much as possible of my devalued tokens through trading, in order to continue being involved in the trading of cryptos, because I am not going to give up in any way.

cryptowolfsu

member

Activity: 476

Merit: 10

I could never be in desperate need to recover loss as I always invest that much as not to be desperate
in any situation. But, if loss happens it is normal activity, sometimes we win sometimes lose.
It is important to be profitable in our overall trading activities.

endogan

member

Activity: 415

Merit: 10

Colletrix - Bridging the Physical and Virtual Worl

Quote from: arnoldrimmer on April 02, 2019, 05:24:48 PM

I intensified and maximised my efforts by doing more bounties and for each project, I must write the article and also do the social media and then trading inclusive

what can make a profit do it, now the market conditions are improving and maybe with a pretty good market growth this is a good sign for all of us.
if you have a coin, you will benefit because the coins you hold will increase, especially if the coins you have have great potential, they will be more profitable.
if the market improves, we can easily make a profit.

Uju4real

copper member

Activity: 349

Merit: 0

📱 CARTESI 📱 INFRASTRUCTURE FOR DAP

First of all you are bound to encounter loss in Crypto but most importantly is not to dwell in it, Crypto offers so many opportunities, you just have to find one that suits yoy

safem

jr. member

Activity: 454

Merit: 1

The way to recover my lost altcoins is a very important step to me which requires urgent attention. In a situation whereby there is an ongoing token sales that will guarantee the quick recovery of my losses, all I need to do is to sell of the remainder of my coins either in the form of btc or eth. There is no point for me using fiat money for that purpose. I will try and take the risk to sell off all my remainder coins and use the profit for investment into that ongoing token sale for a greater and better profit. One must learn to take risks if the person will actually end a successful person. I will proceed to sell off my remainder tokens to recover the initial loss I have experienced.

arnoldrimmer

member

Activity: 358

Merit: 10

I intensified and maximised my efforts by doing more bounties and for each project, I must write the article and also do the social media and then trading inclusive

april08

jr. member

Activity: 466

Merit: 5

If there is still extra fiat i will inject it but if those coins does not have any future, i will sale them off. In business, you do not will always win. You might not make profit from project A, B, C while Project D profit will cover all.

renault18turbo

hero member

Activity: 1218

Merit: 500

Quote from: 94K on April 02, 2019, 04:53:06 PM

I think it depends on the tokens you hold now. If the tokens have been hyped to the extent and you still don't find it lucrative, then please leave it. Go in for great coins to hold for profits.

one option is to do a research which coins still doesn't pumped this spring and bet on it, but do not buy some shitcoin. It should be a project with good idea, active development and great team.

Bagaji

sr. member

Activity: 1330

Merit: 291

Quote from: togamamora on March 18, 2019, 07:41:27 PM

You have a long list of altcoin portfolio that have tanked down by 90% since you participated in the ICO. What was $5000 is now worth $500. You are at a loss of $4000 and there happen to be an upcoming token sale that is pretty hyped.

You are in desperate need to recover your losses and you plan to invest in that hyped token sale in hope that you can earn 5-10x. Would you:

1. Pump fresh fiat out of your pocket into the token sale or
2. Trade off the the altcoins you have for BTC/ETH and invest into that hyped token sale.

Share your thoughts.

Well, I don't think you are in loss yet until you decide to sell off your position. On the other way round, if you are in lose you are in lose and trying to recover from your losses may end up increase your losses because your state of mind will not be settle at any time you will make an open position which may lead you to make a wrong decision and lose more.

udidrone

sr. member

Activity: 2114

Merit: 268

Leading Crypto Sports Betting & Casino Platform

If the options only 2 i will pick trade my coin into good coin in market. Because put my money into another token sale means i must gambling again or means i can lose it again anytime when token not really good after launched in market.

94K

member

Activity: 350

Merit: 10

HiveNet - Distributed Cloud Computing

I think it depends on the tokens you hold now. If the tokens have been hyped to the extent and you still don't find it lucrative, then please leave it. Go in for great coins to hold for profits.

Ranly123

full member

Activity: 952

Merit: 104

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Quote from: togamamora on March 18, 2019, 07:41:27 PM

You have a long list of altcoin portfolio that have tanked down by 90% since you participated in the ICO. What was $5000 is now worth $500. You are at a loss of $4000 and there happen to be an upcoming token sale that is pretty hyped.

You are in desperate need to recover your losses and you plan to invest in that hyped token sale in hope that you can earn 5-10x. Would you:

1. Pump fresh fiat out of your pocket into the token sale or
2. Trade off the the altcoins you have for BTC/ETH and invest into that hyped token sale.

Share your thoughts.

No matter how hyped that token is, if it's not worth to invest then I would never put my money on that token. At this moment, many tokens has been hyped by those ICO eating sites so if you want to invest in ICO then try to dig deep or study more about it before we decide to invest in their tokens.

Suslura

member

Activity: 591

Merit: 10

Quote from: r32godzilla on April 02, 2019, 02:41:56 PM

I am trading on Zignaly, you can find my results in my post history.
But recently after a big pump on BTC, what nobody predicted, I am in a little loss (in BTC value) - because BTC grew more than other altcoins. So that is the risk of trading, even you trade BTC/alts.

Let us hope that this rise in prices for cryptocurrency over the past few days is connected with the entry of large investors into the market. As previously stated from Wall Street and heavy industry, there is a certain interest in cryptocurrency. Maybe big and good times are coming.

r32godzilla

hero member

Activity: 1360

Merit: 506

I am trading on Zignaly, you can find my results in my post history.
But recently after a big pump on BTC, what nobody predicted, I am in a little loss (in BTC value) - because BTC grew more than other altcoins. So that is the risk of trading, even you trade BTC/alts.

MOProgress

full member

Activity: 868

Merit: 116

One of the thing I have been doing which I think should work for others is to accmuulate more coins as the price is low, and hold until the next bull run.

ricardobs

hero member

Activity: 1204

Merit: 505

Quote from: steveabrahams on March 19, 2019, 03:30:31 AM

Add more funds into it but IF the ICO you invest is really good. If not then just cut loss and invest it to other coins. I think it's more better to give up and just cash your coins and move on to other coins or trading it with the rest of your balance.

I have been around people who are involved in ICOs and cryptocurrency and they are damn passionate about cryptocurrency. Even if they loose money, they put in more when the prices are down in the bear market. They believe that the Bull Run, when set, will replicate their values several times and will compensate for the loss which is quite obvious. This is a good way to make up the losses you have made.

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