When investment goes -100% | Bitcointalksearch.org

zidanw

sr. member

Activity: 1162

Merit: 258

1xbit.com

Quote from: shamzblueworld on July 07, 2017, 10:30:32 PM

So I'm actually facing this dilemma at the moment. I made three investments in three coins at poloniex.
Now all three of those are down more than 100% of the value that I bought them for, so I guess I got no options but to wait it out. It may take long time to get back to the value where I don't lose too much, but that is the only option I have.
Have you experienced anything similar in your tradings? How do you deal with such situations?

I've experienced the same thing in which the coin I hold down -100% is indeed a better way of waiting until the price rises again, the coin in the poloniex has an average large volume.

RedX

sr. member

Activity: 364

Merit: 250

Quote from: shamzblueworld on July 07, 2017, 10:30:32 PM

So I'm actually facing this dilemma at the moment. I made three investments in three coins at poloniex.
Now all three of those are down more than 100% of the value that I bought them for, so I guess I got no options but to wait it out. It may take long time to get back to the value where I don't lose too much, but that is the only option I have.
Have you experienced anything similar in your tradings? How do you deal with such situations?

My other coins were down only -20% and I'm always careful when making trades. This should be a lesson learned for you to be more wiser and never ride to a hype coin. Try to divide your investment with different coins so there will be a balance but only choose the promising ones.

Shady

full member

Activity: 294

Merit: 100

Life is a game, you either play it or get played.

I typically don't sell, but if this came across me it likely has to be sold off and put into something better.

Trades can go bad because of analytical error, the truth with some investments is that losses should be taken with regret unless learned off.

bamboylee

hero member

Activity: 1148

Merit: 504

Quote from: omonuyak on August 03, 2017, 08:00:09 AM

Quote from: shamzblueworld on July 07, 2017, 10:30:32 PM

So I'm actually facing this dilemma at the moment. I made three investments in three coins at poloniex.
Now all three of those are down more than 100% of the value that I bought them for, so I guess I got no options but to wait it out. It may take long time to get back to the value where I don't lose too much, but that is the only option I have.
Have you experienced anything similar in your tradings? How do you deal with such situations?

I don't think that is the only option you have! You should hold a bit as that same coins may be in profit . An altcoins expert article I read Online said "no coin is dead" and that one day those coins will return To the distribution angle of the trading circle and you can sell at that point with joy. You are not the only one on this many professional traders do has such investment time to time.

It could be that he is a victim of pumped and dumped coins cause it is almost impossible to lose all its value that fast unless it is shit coin. He can scratch it as a loss or he could try to hype and pump the coins he is holding so he can pass it to another bag holder.

john2231

hero member

Activity: 924

Merit: 1001

Quote from: omonuyak on August 03, 2017, 08:00:09 AM

Quote from: shamzblueworld on July 07, 2017, 10:30:32 PM

So I'm actually facing this dilemma at the moment. I made three investments in three coins at poloniex.
Now all three of those are down more than 100% of the value that I bought them for, so I guess I got no options but to wait it out. It may take long time to get back to the value where I don't lose too much, but that is the only option I have.
Have you experienced anything similar in your tradings? How do you deal with such situations?

I don't think that is the only option you have! You should hold a bit as that same coins may be in profit . An altcoins expert article I read Online said "no coin is dead" and that one day those coins will return To the distribution angle of the trading circle and you can sell at that point with joy. You are not the only one on this many professional traders do has such investment time to time.

Its impossible that there is no dead coin.. i am still holding altcoin which is no value in some exchange site for a long time but there are still no changes the value still the same and i think there's no chance that the price of altcoin can be increase back again.. so for me i just keep them and hoping that someday the price can be increase i am not expecting but its considering as dead coin..
If you really want to make a profit better to choose a coin which is in the rankings in coinmarketcap..

sandrun

full member

Activity: 126

Merit: 100

I've done as you do. Crytocoin trade is very difficult to predict. Sometimes we predict up. But the reality of the coin is down. I am confused .. when i predicted i was wrong. And regret. Maybe amda true wait is the best way to return the coin. But it does not instantly .. takes time to get back up. Or the coin goes down the price. It is a risk of trading. We should not regret it. Maybe you can do another coin gap for trading .. not focused on one coin

omonuyak

sr. member

Activity: 882

Merit: 269

Quote from: shamzblueworld on July 07, 2017, 10:30:32 PM

So I'm actually facing this dilemma at the moment. I made three investments in three coins at poloniex.
Now all three of those are down more than 100% of the value that I bought them for, so I guess I got no options but to wait it out. It may take long time to get back to the value where I don't lose too much, but that is the only option I have.
Have you experienced anything similar in your tradings? How do you deal with such situations?

I don't think that is the only option you have! You should hold a bit as that same coins may be in profit . An altcoins expert article I read Online said "no coin is dead" and that one day those coins will return To the distribution angle of the trading circle and you can sell at that point with joy. You are not the only one on this many professional traders do has such investment time to time.

Zadicar

legendary

Activity: 1386

Merit: 1020

DGbet.fun - Crypto Sportsbook

Quote from: shamzblueworld on July 07, 2017, 10:30:32 PM

So I'm actually facing this dilemma at the moment. I made three investments in three coins at poloniex.
Now all three of those are down more than 100% of the value that I bought them for, so I guess I got no options but to wait it out. It may take long time to get back to the value where I don't lose too much, but that is the only option I have.
Have you experienced anything similar in your tradings? How do you deal with such situations?

This thing is really just a normal thing on trading world on which traders or investors do really see negative on their portfolio and really cant be avoided on which it would really be the reason for us to panic and would think up to sell on loses to prevent much more loss of money and you are right it would really takes time for the coins to rise up again its price if you can able to handle the risk or lose of money then its your choice but if you are not on a hurry then better to hold it of.

nasibakar

sr. member

Activity: 250

Merit: 250

It is a weird pump and somehow it seems still lower than previous buying price,
It is not a best time to sell as the condition a bit too uncertain whether this price would jump or not,.... segwit looks promising but next price movement still uncertain

bucker steemit

full member

Activity: 302

Merit: 120

There is a saying do not put eggs in one basket. I was once in your position. At that time I was really confused and finally I decided not to trading. And wait back to normal.

tittensor

sr. member

Activity: 443

Merit: 250

Quote from: TitanGEL on August 02, 2017, 10:29:59 PM

Quote from: iram3130 on July 08, 2017, 09:55:16 AM

Quote from: shamzblueworld on July 07, 2017, 10:30:32 PM

So I'm actually facing this dilemma at the moment. I made three investments in three coins at poloniex.
Now all three of those are down more than 100% of the value that I bought them for, so I guess I got no options but to wait it out. It may take long time to get back to the value where I don't lose too much, but that is the only option I have.
Have you experienced anything similar in your tradings? How do you deal with such situations?

I have invested in more coins and I have seen bigger loss sometimes. Holding them would be the best choice right now and be positive. Don't be too attentive to the price value, it'll just demotivate you. Keep yourself busy in other things. All the altcoins are on the downward side right now so it's same for most of us.

Yeah I agree to you. Patience is important in the trading world. Holding our coins is really effective way to earn our money. We just need to wait many months or even years before we sell our coins. Let's wait the right time that the coins that we hold will rise up.

LOL if you have this opinion I sure 100% you will waste your time in future very more. Why not cut loss if you know in near future it can't increasing or falldown? Then use this money for find other type or altcoin can helps you earning profit, this is factors need have if you want become professional trader.

TitanGEL

sr. member

Activity: 1036

Merit: 281

Quote from: iram3130 on July 08, 2017, 09:55:16 AM

Quote from: shamzblueworld on July 07, 2017, 10:30:32 PM

So I'm actually facing this dilemma at the moment. I made three investments in three coins at poloniex.
Now all three of those are down more than 100% of the value that I bought them for, so I guess I got no options but to wait it out. It may take long time to get back to the value where I don't lose too much, but that is the only option I have.
Have you experienced anything similar in your tradings? How do you deal with such situations?

I have invested in more coins and I have seen bigger loss sometimes. Holding them would be the best choice right now and be positive. Don't be too attentive to the price value, it'll just demotivate you. Keep yourself busy in other things. All the altcoins are on the downward side right now so it's same for most of us.

Yeah I agree to you. Patience is important in the trading world. Holding our coins is really effective way to earn our money. We just need to wait many months or even years before we sell our coins. Let's wait the right time that the coins that we hold will rise up.

matchi2011

sr. member

Activity: 1456

Merit: 267

Buy $BGL before it's too late!

Quote from: Japinat on August 02, 2017, 03:31:41 AM

Quote from: AjithBtc on August 02, 2017, 03:08:14 AM

100% growth happens very rarely. For such a profiting one needs to have patience to hold for a long time period. Else the user needs to be lucky enough to experience a price pumping in a short time after the investment into the respective coin.

Very rare but it is possible 100% I guess is easy to get here in cypto as there are even investment who grows like 10 times from its original price.
Nothing is impossible because everything you do rely on your capability and and skills in investing and since information can be fully access there is a great chance you can make it right and will invest on assets that has a great potential to pump.

It doesn't happen that a cpin would go up 100% so i agree that it's a rare occurrence right now. You should place a target exit that would be a bit easier to hit. If you're in that mind of situation wherein all your investments are down, the last thing you want to do is to sell at a lower price. Always think about profit even if you have to wait because if you've invested in a trusted coin, it will eventually bounce back.

Japinat

hero member

Activity: 3052

Merit: 685

Quote from: AjithBtc on August 02, 2017, 03:08:14 AM

100% growth happens very rarely. For such a profiting one needs to have patience to hold for a long time period. Else the user needs to be lucky enough to experience a price pumping in a short time after the investment into the respective coin.

Very rare but it is possible 100% I guess is easy to get here in cypto as there are even investment who grows like 10 times from its original price.
Nothing is impossible because everything you do rely on your capability and and skills in investing and since information can be fully access there is a great chance you can make it right and will invest on assets that has a great potential to pump.

AjithBtc

sr. member

Activity: 1666

Merit: 276

Vave.com - Crypto Casino

100% growth happens very rarely. For such a profiting one needs to have patience to hold for a long time period. Else the user needs to be lucky enough to experience a price pumping in a short time after the investment into the respective coin.

metenjean

full member

Activity: 854

Merit: 140

Lots of investment can turn 180 degree or worse, you can lose all of your capital and even gain triple your capital.
What you must know is that nothing last forever, you maybe right if you're talking about the prospects of some coins that may go back to your open trade level, but the questions is how long??
While the prospect of btc is increasing each year, you should consider some levels of overbought, IMO you do have choices... Example; buy on dip, cut your losses, investing in other coins, etc
And its better than waiting something that is uncertain Grin

kheysha

member

Activity: 112

Merit: 10

Swarm Token Sale begins on September 7th at 16:00

Quote from: shamzblueworld on July 07, 2017, 10:30:32 PM

So I'm actually facing this dilemma at the moment. I made three investments in three coins at poloniex.
Now all three of those are down more than 100% of the value that I bought them for, so I guess I got no options but to wait it out. It may take long time to get back to the value where I don't lose too much, but that is the only option I have.
Have you experienced anything similar in your tradings? How do you deal with such situations?

I've experienced the same thing.
But at that time I have some BTC to back up my losses.
My choice then is hold forever.

Potato Chips

hero member

Activity: 2786

Merit: 902

yesssir! 🫡

Quote from: Rahar02 on July 17, 2017, 09:20:11 AM

Quote from: shamzblueworld on July 07, 2017, 10:30:32 PM

So I'm actually facing this dilemma at the moment. I made three investments in three coins at poloniex.
Now all three of those are down more than 100% of the value that I bought them for, so I guess I got no options but to wait it out. It may take long time to get back to the value where I don't lose too much, but that is the only option I have.
Have you experienced anything similar in your tradings? How do you deal with such situations?

I've never been through the same situation, because it is so risky and your decision to bought altcoins proven, were wrong. If bitcoin price goes down, altcoins likely to decline as well such as what happened this week because bitcoin is the standard of all cryptocurrencies. And look at coinmarketcap.com when bitcoin seems on green side, then most coins follow it.

There's nothing to do but wait for altcoins price recover obviously as you just can make break even point, if those coins get back to what it has reached before. You may have to wait for months until it recover due to bitcoin is facing the same situation right now.

Yes most of the time altcoins follows bitcoins but not all the time i've seen it a few times where bitcoin is negative and the altcoins are postive or vice versa. at the time people

are saying that bitcoin has its price falling now so people are taking advantage of the alts, i dunno actually. but yeah for OP he has to wait until the coins met its uptrend. imo if

the split happens and bitcoins price falls drastically, it is also possible that people might go to altcoins causing its price to rise, well people are so much in panic right now and its

not even happening.

Rahar02

hero member

Activity: 910

Merit: 523

Quote from: shamzblueworld on July 07, 2017, 10:30:32 PM

So I'm actually facing this dilemma at the moment. I made three investments in three coins at poloniex.
Now all three of those are down more than 100% of the value that I bought them for, so I guess I got no options but to wait it out. It may take long time to get back to the value where I don't lose too much, but that is the only option I have.
Have you experienced anything similar in your tradings? How do you deal with such situations?

I've never been through the same situation, because it is so risky and your decision to bought altcoins proven, were wrong. If bitcoin price goes down, altcoins likely to decline as well such as what happened this week because bitcoin is the standard of all cryptocurrencies. And look at coinmarketcap.com when bitcoin seems on green side, then most coins follow it.

There's nothing to do but wait for altcoins price recover obviously as you just can make break even point, if those coins get back to what it has reached before. You may have to wait for months until it recover due to bitcoin is facing the same situation right now.

Hui8

sr. member

Activity: 602

Merit: 259

When investment goes down to that much rate then it probably time to stop trading and start investing money into something far safer and fruitful to you. To be honest we must know the exit point in the trading world, an exit point would be the selling price where you have already incurred loss of 15-20% which is not good at all. You must make some boundaries for yourself while trading and it is important to stop loss. I know you must be panicked with current situation but you could just wait and do nothing for this trade to go in safe sides. :-)

Topic: When investment goes -100% (Read 2472 times)