Topic: When can I expect my coins to recover? Feeling very depressed... - page 5. (Read 858 times)

I wouldn't stress at all, you came in at a bad time but you've got a pretty good bunch of coins there, the larger ones can only go up and the smaller coins you've got are good projects with low caps and plenty of room left to go up, just hold in there, the next run should see most of those in profit.

I think that now is just wait it out. Them the projects you have chosen will perfectly show themselves. And you have correctly done that invested in many project. Risk management is the basis for trade

Hopefully the spring market will again be furious growth. And then you from today's drawbacks will make a lot of x's. Good luck.

Just keep your coins safe Big price correction happens every January for the several years in a row. If you want to study something that may bring you hope - study bitcoin price curve for January - July (your term) for the years 2017, 2017, 2015.

Do not worry, the crypto market is always recovers after the fall. You must be patient and calm. Even if your portfolio now looks very bad you need to believe that soon there will be growth and profit again. Believe me this situation is also unpleasant for any of us.

First of all, I think You have made a mistake. When you entered the market that wasn't the right time. After that, the price of most of the cryptocurrencies has dropped sharply. So, don't be impatient. The price would recover again in a couple of months time.

I'm with you  bud, also in the same situation. We have invested in BTC last december and it was high during that period and suddenly this time it turn really low. I also don't know when it will recover. But still hoping for the best.

nobody knows. i lost about 50% of my investment around august 2017. and they are still not yet recovered. if i didnt sell them i would be lost much more. Sometime we should check our portfolio and and sell some of them in loss.

I am sure many said the same for BTC and ETH early last year...and many times before that.

ETH at current price may be difficult to multiply but I see you mention same on new coins that recently gained or multiplied.  My point is you don't know though I agree that the likelihood of it staying or going down is more.  It really depends on many factors and not as simple as market cap.

To be fair, currently, I keep low inventory of top 10 coins for the reason you preach but there is wisdom on keeping them as well.  Because of the unpredictability of crypto, diversifying and hedging is good.  Being a hardliner (same as being an extremist) destroys your message even if it is good.

just ride the wave and see how it goes.
no point in depressing yourself over the price fluctuations.
come back later and see where you are at.

Here's something to cheer you up. I bought a lot of alts in middle of last year, and saw them also down and down, they just kept dropping until I was more than 60% in loss with seemingly no chance to recover. But December arrived, and suddenly most of them not only recovered but put me high in profit. I did the typical "sell 50% at x2" on many of them. Relieved to recover, and now holding those "free bags".

But for you, think long term and learn your lessons. Did you choose to buy simply because of speculation? You seem to have lost trust in your projects, is this because you didn't know enough about them or is this because you set unrealistic expectations? Learn you invest in a project you believe in, with strong claims to back up why you think they will success. More importantly, learn patience.

Actually, most important: learn lessons.

This is the issue with most people in the space, buying at the top and selling at loss, if you are investing into a project, you need to learn the dynamics of the market, I won't personally advice you to sell now, just hold, the prices will pick up. see this as investment

Instead of wondering what *time* the coins will go up, I suggest wondering *how much* they will go up by when they do.

The timing can vary. Sometimes there's bad news in the market, sometimes there's good news. Trying to be too impatient and sell at a particular point in time could result in bad decisions.

But given a good, solid coin you should be able to rely reasonably on the fact that it will go up eventually some time in the future. So then it's more a matter of determining what the actual market value is likely to be, so that you're ready when it does go up to sell at an acceptable profit margin. You won't necessarily sell at the top, but sell at a point where you've made enough profit that you're happy taking the earnings and walking away.

Money is collected when prices are low. When it goes up, it starts selling. Now, wait patiently. I do not expect a price increase in the short term. Maybe there will be an increase before entering summer.

hey I define shitcoin as a coin with literally no vision/solution whatsoever that's bound for a quick pump and dump. isn't that how the community generally defines it? I also like to look at the volume and market cap to see if there plenty of room to grow. This is how my decision to buy a certain alt coin is based off of. So by this definition, none of the coins I bought are ‘shitcoins’ like you keep insisting, regardless of when I bought it. do research on my coins and you'll know none of that pump and dump garbage. also, I was initially planning to hold long term anyways (7 months to a year).

2)   I applaud that you made big profits on those coins, but at the same time, you were playing with fire and had the short term gains mentality. Those small cap coins could easily plunge and just be a pump and dump. It seems like you’re trying to ‘guarantee’ that spacechain is going to blow up but there is no guarantee. What if it’s a pump and dump? Yes, buying at the dips/when it's cheap is common logic but investing in SpaceChain would be dangerous compared to let's say buying EOS/IOTA/VERGE (you name it) at their dips. FYI, I wasn't following the crypto market at all until I got In (really had no interest. although i had interest in actually investing starting from late December, but wasnt following the crypto news/market at all) and just woke up decided to begin investing on January 9th....and it coincidentally happened to be the beginning of the month's first bloodbath. i know buying cheap and selling is common sense. it was just unlucky random timing for me

Your coin picks are good so nothing to worry. This correction is almost over so we should see
recovery starting in next week or two and a big rally after that. Just hold patiently and do not
watch the prices for next couple of weeks!

not just believe in... i also question myself constantly.... i always look on both sides.... really think things thru.. which rarely people do now. i started with a few $100 and now i could already retire... all within months... i invested early in verge, tron, raiblocks, waltonchain, and others.. and look where they are now..... the only "secret" is buying cheap. doing it like the EARLY eth investors. doing it like the EARLY bitcoin investors.. i am just copying them... its not rocket science..... going in cheap projects instead of overpriced, expensive projects. Will SpaceChain go x20, x50 or x100 too? I dont know it. But the same was true for early bitcoin investors. They did not know it. They did not get rich buying something thats extremely expensive already with millions of people in it who got it much cheaper than you. See ripple? I dont even want to know how many wall street guys and bankers put 100.000s in it secretly. Dont you think they will all cash out before you can ever make a huge earning on your $1000 investment?

We've all been there, friend. The most important skill one has to learn in this business, is not to give in to feelings. Fear, especially that of missing out can be a real pain in the ass and, honestly, what sets apart winners from losers. Tried and tested by yours truly.

That being said, somebody must've given you a few lectures on crypto cause your picks are more than solid. Don't know that much about po.et, utrust, ethlend or medibloc but your other choices are top notch. Wabi and Substratum are what I consider hidden gems (is there even such a thing in crypto top 200? Maybe). Neblio, dragonchain and bounty come close. Solid projects, solid teams. On the long run they'll all be top 30-50 contenders. There is no need to fret, unless you put in money you need soon. Which should never happen.

To be fair, I do the same and hunt new coins.  In fact,  made money on ICX, VEN, TRX, EMC2, ELF, CND, etc, etc., etc.

It is however wrong the hit people who buy more expensive coins because they speculate.  Using hindsight is foolish.

As I said on earlier post,I counter your post with BTC/ETH, do you think people who bought them when they were 100x foolish?  Look again.

It is in human nature to buy something when there are green candles, because you feel more secure when buying them instead when they are in red. But here in crypto things go a little bit different . You should have researched few coins that have solid team, strong community and realistic roadmap ahead. Then wait for some price to drop and buy as much as you can. Then you would have had very good entry point for future price increase. In your situation, which was quite opposite, you bought at ATH, but don't panic. You didn't lose anything until you sell those coins back, so keep holding them until price comes back to level where you have at least bought it.

At some point its just too high and too much money needs to get in to double again. Thats why everyone talks of bubble. Of course nobody can know when a bubble pops, and if it ever pops..... but you must be blind to not see its easier for ETH to double when its at $10 billion.... then it is when its already at $100 billion as now. If ETH ever would get to $1000 billion (value of APPLE) which i doubt eth ever can do.... then tell me who is going to pay the $10000 for 1 eth ? who ? and whats their advantage ?... none... With something as ETH you only have the risk of it decreasing in value or staying about the same, but you have no actual upside. For every guy who got ETH for $5 and cashes out a million... It will need 1000 new people to get in again for $1000... and that would not even increase the ETH price, just keep it even. Why do you think in gold rush, in the dotcom bubble, 99% of people lost money? You really think everyone who buys an eth now will become a millionaire? Thats naive.