When investment goes -100% - page 4.

EXtremeAEX

hero member

Activity: 798

Merit: 503

I have experienced this many times already, in fact almost all coins which I invested dropped when i started out. What coins are you buying? It would be helpful to know what coins you have to see their volume and potential. If the coins have low in price and volume, then the price may not rise up again, ever. Sad

Just wait. If you have extra coins and the altcoin you are buying is relatively popular, you can even buy more to minimize your losses when the price rises back. Use the STOP LIMIT feature if there is one on your trading site, to sell a portion of your coins once it reaches a threshold so you may recover some of your losses, especially if you are not online and the prices increase.

Stick to only one or two altcoins first, then when you are doing well, expand your portfolio on other coins and keep track of their development and news of that coin.

Wish you luck, and I hope that the price will recover soon.

pooya87

legendary

Activity: 3472

Merit: 10611

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?

it is impossible for an investment to go lower than 100% of what you have lost. that means you have to pay more Cheesy

(eg buy 1BTC worth of an altcoin, then price falls to 0 and they ask you for more money).
it is possible but very small chance to lose 100% because it means the price should go to 0.
the loss is always somewhere between 0 and 100%. [(x2-x1)/x1]*100 and since x2 can never be negative, your loss will be as i said.

and it is a common thing for altcoins that are in a bubble. you have chosen a bad time to invest in them. you should have invested earlier and stayed away after.
also whenever you start losing money, it is never wise to "wait it out" because most of these altcoins will never come back up and a couple of them that do come back up will take a very long time, it can be 6 months to a year to come back up.

learn what stop loss is and prevent bigger losses in future.

Ayiranorea

sr. member

Activity: 1246

Merit: 255

Leading Crypto Sports Betting & Casino Platform

I have never felt such situation, but as you itself have said waiting for the concern coin to experience a price increase is the right thing. Else if you've a good amount for investment then invest into some coins that gives short term Profiting. This will help you compensate the loss.

shamzblueworld

hero member

Activity: 714

Merit: 500

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?

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