Bitcoin Forum

Hey,
I didn't act on the recent crash,,, i had bought at about 230$ markets currently just above 200$
I know the right idea is likely to hold, as the market will go up eventually.. but i predict in the intermediate term it'll go down further.
I guess this is where the psychology of trading comes into play.. I'm in regret and want to sell at a 15% loss in order to have a chance of making the 15% back and then be able to continue trading as i was before the recent dip.

When you're 'marooned' with coins that are worth less than you bought them is the right idea; always to hold?
I just want to practise trading further... and have no spare capital to do so.. 

Nobody knows what will the Bott be.

Ethereum may never recover, and go to 10 usd or less.

I am holding , but I think its a highly risk move.


There is no shame in selling at 15% loss. Better than sell at 90% loss

The only way I would be selling my coins when I am on a negative portfolio is when I know I will be shorting the cryptocurrency. Because this is the only time I can also gain money in the way back up. To tell you honestly -15% is not that a big of a loss and selling it and buying it back at a cheaper  price is always a good idea as it is one of the moves pros are doing. But if you are thinking of shorting BTC right now, I don't think it is a good idea as we really don't know if BTC will go down more from where it is now.

It's a good idea if you have another plan to make a profit. Perhaps the coin will return late at the old price. There is always chance to earn money, just you should always follow market and not hesitate to risk smart when the time comes.

Of course, you need to cut your losses before it comes a greater loss. Sometimes you need to set aside your pride and emotions in order to become a good trader.

One of the biggest enemies to a trader is emotion--fear, specifically.  When the thing you bought is dropping in value, it's hard not to get scared and think that it's going to continue to fall.  That's especially true when you're investing more money than you can afford to lose, i.e., when you're gambling with next month's rent money.  That's one reason why you always hear the threadbare phrase "don't bet more than you're comfortable losing".

Assuming you can afford the loss, keep in mind that no one has ever made money buying high and selling low.  If you're confident that bitcoin (or whatever it is that you bought) is destined to increase in value past the point where you bought it, my advice would be to just hold.  OP sounds like he's getting antsy because the market is volatile.  Guess what?  Crypto is probably more volatile than any other market in existence, so chances are whatever you invested in will go back up.  If you keep trading, you're probably more likely to lose money than if you just sit tight.

I doubt that will happen.  I'm not a big fan of altcoins, but I do think ETH is going to be one of a handful that will survive long-term, and I don't think it'll stabilize anywhere near $10.

Your first mistake is that you have not diverted your funds, as far as I understand. You have invested the entire amount in the purchase of Ethereum. This has tied your hands and you cannot help buying a coin at a different price, do not sell a part. Try to consider risks next time and set stop loss. My opinion - to sell.

if you "predict" it will drop a lot further down, for another 10-15% (before it recovers)
then I suggest to just sell it and time it right to buy it back before it recovers

if you think in the next 3 months the price will fluctuate with strong support at ~$200
then a good strategy is to sell with 3-5% profit and ride the waves to recoup your loses
for example: sell at $206-$210 and buy back at $200-$203, adjust target prices based on market trends

Some of users here are on 90% loss and would do a lot to be in your position. I find daytrading the one and only strategy for current market situation (even if last week looks very green alt/btc ). Hodling is the riskiest strategy. There is no quarantee that your coin will recover.

https://bitcointalk.org/index.php?topic=4456137.msg39881422#msg39881422
There is topic about risks in holding and trading strategy.

Hodlers of those coins was also sure that their coins will recover someday (those are top 10 coins from december 2013)
Omni -90%
Peercoin -80%
Namecoin - 75%
Quark -95%
Bitshares -~100%
Wordcoin -~100%

And they are on ~80% loss on market that growed 20 times.

If you can't hold on the further more loss then it not a bad thing to sell your coins for small loss but ethereum is one of the best crypto currency so you may trust it and hold it longer if you don't want to be in any loss but you know it will take time sometimes forever too!

A 15% loss is quite a hard loss but it all depends on your future plans and your confidence in market recovery. For example, if you're investing with a long term mindset than I would not worry otherwise I would. I agree its a difficult decision but also very personal.

I would sell at 15% loss only if I am expecting this coin will fall even lower and then I would buy it back when it reaches lowest price.
It is easy to say, but when you have to sell at loss, for most people it is hard to do.

As a trader, if you feel you might have git your analysis wrong and the value is heading rock bottom, then cut your losses.
.as an investor, a long term holder, little changes in price shouldn't much bother you.

Except of course it reaches a point and you admit you were wrong in your foundamental analysis. Then cut your losses. Otherwise, KEEP HODLING

There are no right or wrong in trading, you should trust your own decision and strategy.
 
However, I will not sell ETH at this price even if it is in 15% loss. I think that it is a low price for ETH and we never know when the price will start to rise.

That's not an argument against holding / long term investing though. That's an argument against trash altcoins. It is easily possible that someone could have day traded any of the coins you listed (or indeed any coin at all) and also lost 80% or more.

If you pick a coin that has a working product and real world use (such as bitcoin or the tiny handful of altcoins that fulfil this criteria), then holding long term is a completely viable strategy.

As far as I know, when you sell your entire coin at a loss of 15% and wait for it at a lower price, you will have a lot of psychological pressure. That leads to mistakes that make you FOMO. However, a 15% loss is not a bad idea when you have a certain rating of the market can reduce and increase the ability to accumulate for yourself. Make your capital split into several parts to minimize risk. Learn how: "take a loss" is also a trading method to learn with a professional trader. Good luck!!

I don't like to sell out my purchased cryptocurrency at loss. Cause I always like to buy protensial coins and if price dropped 15% then I will hold it untill price increase again.

Its definitely not crazy but you need a better strategy than that... set stop losses with what youre willing to lose at a strategic point before the trade, so you don't get in these scenarios.

15% is just not enough in the volatile crypto market. Something like 50% people have it but still waiting for the right time to sell it as once the bitcoin picks up the price will shoot quickly and within few days itself your portfolio can turn into green.

Don't rush to sell it. eth will bacome to 230$ very quickly. i guess it will happen in next few weeks. Moreover, it could go higher easily...

Selling at a loss and seeking a profit of 15% is not something that is very easy for me, indeed in an emotional sense you can get compensation from losses but the market will always change beyond the original plan, all you have to do is consider it very well. and be careful, there might be nothing wrong to last longer at a price that is better than it is now, as pumping Ethereum is very easy to get so don't worry, if emotions can't be held it's not bad usually all decisions are based on preparation for strategy forward.

If you really sure about your prediction that it will go down further, then selling it while you are in -15% in order to buy it again with lower price so it is OK. Of course there is a risk because prediction can be wrong, so I think it is better if you keep holding it and buy more once your prediction goes right if you have other money. But if you have no more money, I suggest you to sell half of your asset only.

 Wait for more results mate before making decisions 'cause we all knows market always suddenly make a new directions because of being so volatile time on time , which is doesn't mean it will go straight base on the pattern or performance. 'cause sometimes there's always a tends it will change direction.  So wait for more results and don't follow real quick on your speculation, ensure it first to avoid regrets.  

Im always ready to sell my coins if I know that bitcoin will have a big problem and knowing it to other people it will have a big price to down like what happen in 2017.

Those were coins from top 10 marketcap im 2013. They were like eth now and its hodlers are still waiting for recover.
Name 10 altcoins with working produkt.ETH? Code full of Bugs, unscalable and with eos, stelllar, waves, nem, tron, neo  (and mayby 50 more) doing the same.
Even if there are few uniqe coins with working produkt there is no guarantee that they wont become next Yahoo, myspace (google was created seconda but was better same as facebook) and their marketcap is like they already hitted mass adoption.

I definitely agree with what you're saying.. but the same is true for all of the smart contract platforms with more scaleability.. we just don't know what survives and what won't.. but lets not ride things we believe in to 80% or more losses... holding on to things because we like them is emotional and should be avoided in trading.

I don't think there are 10 altcoins with a real world use, which is exactly my point. Your argument is an argument against altcoins, not long term holding. Long term holding is a perfectly viable strategy if you have picked a coin with solid fundamentals, a working product and a real world use that is going to grow over time, such as Bitcoin. If you pick some obvious scam like Bitshares or EOS, then no amount of holding will bring you profit.

In my opinion don't sell unless necessary. Because the end of the year is coming and most people think that the end of the year will be good. I can't say this is exactly true, no one can say it, but you can wait a little longer.

no one knows about price movements, so in my opinion there is nothing wrong with selling it, maybe someone is doing worse than that for example 30-50%, I think that's the right step to take.
because no one really knows about the price prediction.
you don't have to regret it because you have sold in a loss of 15%, it could be if you didn't do it, you would do worse.

I agree with your point , even the projects who got heavy success in their ICO investment are not down to more then 90% but their projects are running but the price of the coins is going dead. They are

1.ICN
2.TIME
3.VSL
4.PLBT

Like this their are coin which got in 2016 and their ICO was very success and everyone who ever invested in this project thought of good profit in long term and lot of them did not sold for profit and today they are in heavy loss and some projects are running only on their own profit project and they dont care about the coins price .

To me. You seems to know what do to but you're confused right now  and don't want to let your emotion and thirst to recover your losses lead you to loosing your investment which I thin is good you ask.
Nevertheless, the first mistake you made is not setting a capital aside which you can use to buy or invest when an opportunity arise in the market during your pruchase at the 230$ price range as you said and the right thing you can do now is to hold your coins while you search for another capital elsewhere which you're going to use to buy/invest into this December bottom price.

Sorry to say, I do not agree with you. How can you predict Ethereum can 10 USD or less? It is not fair I think. Selling at a high loss is not a wise decision. Rather I would suggest him to do the trade. Because 15% loss is not so high loss, You can sell now if you think that coin can go more dip! And if that coin really goes more dip then you can buy again and that will increase your coin numbers! Holding at this moment is not a high-risk move, Ethereum price will come back at 250 to 300 USD! So, better hold your coins and wait for a decent recovery.

holding is the best way to continue to recover a few percent defeat experienced, we cannot continue to sell quickly. if you sell quickly when the price is low it might only give a loss to us.

It depends on the coin you're holding. The whole cryptocurrency market is so down this year. Having a -15% might assume that you had bought your coins just last month. Now, holding a fundamentally strong coins meaning have great potential to rise, better hold them. Holding less potential, sell them then buy the dips of great coins.

This is not the right time to sell, where you are in 15% loss. No one knows about the future price, so if you sure that price will go further down then you may sell now and you will have a chance to buy again in the next dip! Maybe you are talking about Ethereum, ETH price went to the 168 USD and after a while, it gained 242 USD too! Recently I bought at 212 USD, so I am in a loss too, but I am holding it. And, I wouldn't recommend you to go for a long-term hodl! Don't do that now. So, you need to make the right decision.

Well, OP you have to learn your lesson on that day so that it won't happen again in the future and don't worry if you don't have any capital right now. Money will come and go always, so better start finding a way to earn your capital again and proceed on learning more in trading. This is how the market will act always and always with it's unstable volatility it will be so hard to predict the next move that you are going to do.

before you decide to sell it, it would be better to see activities on the project. Are active developers to provide information and are active to answer questions in the official group. if they are still active, and they have plans for the short term. then it's better HOLD first, if the plan is still in a long time. then just sell it.

Did you bought Ethereum? If you are long term trading just hold it a few month because by looking in to daily times frame Ethereum currently in the support level, but if you are day trader , should be after you bought it use stop loss avout 5%, so you can buy back at lower price and you will make more profit when the price going up.

15% loss is pretty normal, it's a paper loss only because if we have trusts on ETH, we will definitely not gonna panic.
This is the norms in crypto, we can see some crazy swings but all we focus is the development and eventually the price will rise in the long run.

Every trader has his own trading strategy to follow if you think selling at -15% loss may be recoverable if you sell and buy again then just do so. But for  me I should prefer to hold and add a little bit more when market will fall deeply to lower may average buying price. It is not good to buy at high and sell at low since you are losing your investment but if you are a day trader then maybe selling and buying again would be an effective strategy.

Depends on the coin as well which you are trading here. If you are talking about the Ether then I guess you should hold a little bit more as it is giving away brand wavy pattern these days where it does go down and come up with good prices next time. You should be holding onto it and recover yourself from it. Current market is very much fragile and is literally waiting for the crypto boom as we proceed to the second last month of the year. Dont forget last November and december had some blasts for you.
So basically for all of the crypto traders it is great opportunity to recover their trades if they are even in -50% loss. Holding is ideal in this season.

In this cryptocurrencies market you have to be patience in other to be able to make money.  15% down is not enough reason to sell as sometime market do reverse at that level!  Remember that trading is game and you should learn how to play it well in other to be able to make profits and not loss.

15 percent is too much. I understand you are trading without a stop loss. So you are a novice trader and most likely you will merge the entire deposit))

I am dam sure you can recover that kind of money in short period of time in the crypto currencies. Just look at the market right now and you will see that you have your 5% of loss already recovered because BTC is up by that much value in the market. So with that calculation you just need to recover 10% more and there you go you have your break even point achieved.

This is how it works here mate, if you give a little more time to it then you will get it back. Its just your emotions that will tell you to sell your coins so that you wont incur with more loss. Currently you should overcome that one and keep holding until the BEP!!

This is the reason we always keep saying never to trade without a strategy or a plan. Before you even enter a position in a market, you should be setting where your stop loss would be, where you intend selling or how, and then if where you are buying compared to when you will sell or stop loss has enough reward when compared to the risk. All these things actually cannot be done without knowledge and if you do not have this in play, the kinds of OP asking questions like this whether to stop loss at 15% will always come up.

It might be crazy to sell it or should I say you are late.

You are in the trading section though so you cannot escape those kind of events. It will happen most of the time.
Think again. You are talking about holding and trading which will be a difficult discussion.
Traders cannot be attached with a certain token and that is what you are doing by now. You hold now and wait then it dips. You hold again then it dips again. You keep on doing that until you cannot even sell it anymore.

Well, the tactics and analysis of each trader is different, they will have different methods to deal with this situation, and I feel if we have lost 15%, we should not sell because it was too much, sell means we accept loss. And with traders, this is unacceptable, instead of doing it, we can wait and recover, although this will take a lot of time but our money will remain there and no loss, or if we can not be patient, we should buy more and wait for a reversal sign, cut the hole to the lowest level

Learn the techniques in trading, don't focus on one coin only because it will break your heart once it fails.
Diversification is one of the best method but during the bear season, there is no exemptions, we will all see a bloody market and with that kind
of situation, all we have to do is just trust and hold.

Selling at 15% loss is not a perfect trader's job, you should always remember to wait for the right time to come again.
The most important thing in trading is patience, having less patience will occur you in big loss sometimes, this is why someone has told to invest only what you can afford to lose

If you are trading it regularly or a day trader, -15% loss actually is a red alert already and I consider it as a huge loss. As you can see, the pump on the market stays for 1 to 3 days then the price will dump for a week. At the very beginning, you should set a price where to sell those altcoins for a profit and a price where to stop your losses. For me, if I already lost over 2% to 5%, I immediately sell my altcoins then buy it back at a lower price then the cycle repeats where I shall take the profit or stop my losses.

Well if you have no spare coins than there is really no reason to get into the crypto trading to begin with because trading is something that takes time to master. However lets say you will continue, from now on the number one thing you need to know is to not get into these things all together with all of your money, your first mistake was to put all your eggs into one basket.

In case of any drops you should consider buying with half, if you bought at 230 with half and than rest with 200 than you will have 215 average, as soon as it hits 216 you are profiting, but now you will have to wait for 231 to profit. See the difference?

Depending on the market because of course there is fomo and also the pump that is caused quickly and this will certainly be very dangerous if we can get the fomo and panic when buying orders when a dump occurs

That is the time to buy at high prices, and then the market value is constantly decreasing, so I think the market will soon recover and then we will earn a high profit. So, in my opinion, do not buy much fom coin, you easily fall into the peak swing at high prices

The loss you mentioned is not much in terms of quantity or percentage. Moreover, you will not have lost as long as you do not sell, but you will have lost the moment you sell. The decision to be made at this point should be whether the current position should be closed with this loss or should it continue openly. If you don't need this money, I don't advise you to sell it, but if you need money, you will have to close this position with 15% damage. In short, the decision is yours. :)

It is not all about the coins you are trading actually but on the strategy you are making use of to trade any coins. For someone who is a long term trader and have been able to see some signals to know the market is reversing in trend, setting a stop loss of about 15% or more depending on the reward to risk ratio is what really matters.

As long as you do not have a strategy when it comes to stopping loss as well as buying and selling, you will always have a problem deciding what to be doing in a market at certain points in time. Just make sure you have learned enough and you have a plan before moving in on a trade.

Patience is not what would really be the main thing you should be looking at; it is your knowledge and strategy that would count. For OP to have asked such a question, I am sure he possibly entered the market without a strategy and in that case, I really do not think anyone should be making short term decisions without at least having some knowledge to do so because in that case, you can easily get burned.

Knowledge is the only thing that can bring about you having a strategy and with trading, you really want to see it more than a game but a profession so you can always make decisions without having to put in emotions based on your strategy.

absolutely right because most beginner traders experience losses because he panics continue to sell at a low price, even though if you want to wait, you can certainly avoid losses and will also benefit

sell at 15% is better than loose at 90%. either you come back later when its bottom or you have to wait the coin price come back.

For me it's ok to sell early to avoid lossing so far if the price continue dropping for its price.
It's better to sell early than loss 50% to 70% if they continue dumped for their coin.

If I become you, then what I will do is to dig up more information about the coin that I am interested in. If there is still hope with some good information, I will keep holding it. But if I don't find anything then I will try to find another way by cutting losses and waiting for it to return below. Maybe this looks more complicated, but that's what I usually do.

maybe this action does not apply to those who are Hodl long-term, I also ever been stranded when the bear market happened and got a loss of 11% but I kept Hodl and after almost half a month the coin price went up and I only got 0.5% profit, I will still thankful for the benefits I got even though the amount was very small.

It depend on your capacity on holding because our needed defies on what is our available amount.wht i am saying is if you are in need of cash and you have no option but the coins in folio,selling in what ever percentage of losses is not in consideration.but if you can afford to hold then why need to sell of the cut losses

You're absolutely right. This is where the trading psychology comes in when faced with such a dire moment. The question, "To be or not to be" like in William Shakespeare's Hamlet dangles before you. To sell or not to sell? For me, selling even at a 20% loss isn't much of a loss knowing that the coin is getting seriously dumped. But I won't sell Bitcoin at that loss no matter what because I know btc will always find its way back up. It might take a while but it definitely will rise back.

The crypto market is really complex and unpredictable at all. Today the Altcoins index is rising and tomorrow drops to nothing so you can buy at the current price is cheap but tomorrow It's important you have faith in it and less panic and panic.

It's simple for crypto market ,just be patient. We should be patient until it backing up

One if the good attribute of good trader is the ability to adapt,  improvise and foresee the possibilities.  If I were you,  I will take 15% loss only provided I have seen trading opportunity that will enable my recovery and perhaps profits!

I always learn hodl it anything happens i believe on altcoins including Ethereum. You must know how to be patience all the time remember this is a early stage for crypto soon crypto will be booming including of bullish again of bitcoin run maybe this december bitcoin will start move positive that will affect others.

Obviously those who are holding for the long term are never concerned about how low a market goes they just know they are taking advantage of the low market and buying in for the future because that is certainly the most important part of it all. It is one thing a lot of people tend not to understand and until when people start understanding what they are investing in and seeing the bright future ahead of them before they would start realizing they should be paying a lot of attention to the long term than the short term.

Very complex and volatile and you really need great deal of knowledge if you want to be taking advantage of the market fluctuations. It should always be dependent on your strategy most of the time and how you are really getting to see the market, while investing. Are you holding for the long term? Then in that case you want to be holding. And if you are trading the market fluctuation, then you should always have the plan and whatever your plan or strategy is, is what you should be sticking with as an individual or as a trader. The most important thing is never to get caught up in FUD or FOMO.

Same here, but of course check the support and resistance graph first. No, its not crazy to sell at -15% losses if you anticipate a more dump an l lose even more. If it  goes lower, if you sold  at 15% loses, then you can buyback at a lower price or on its dip.

-15% loss on your port isn't really that too big yet the price entry or gaps isn't really that deep and you decide to sell just because of that hope to retrieve that 15% back?
No it isn't possible on where your insights or intuition would go exact as you expected.It would even go deep even more and in result you are just deepening your loss rather
than if you tend to hold it on the very first place.

15% isn't much in the cryptocurrency market and this is why people call it a 'too much volatile market' 15% is a percentage that can be seen easily if you follow the market, it isn't something exceptional.

Additionally, a coin can be ~15% in the red but and you can still be in profit. So 15% is subjective. If someone is trying to moderate a loss it could be wise to wait

The Ethereum price seems to stick at 200 USD and above. Personally, I don't think ETH price will go down under 200 USD! So, You can hold your bought ETH or you can buy other coins to trade. Because by trading with other coins, if you make profits then your loss will be recovered! And, -15% red is not a crazy time to sell. Good Luck

Don't lose your patience and hold. Believe in the coins you're holding wait until the next bull run and it is coming near, if not this year maybe early next year. Positive thoughts are slowly set towards rhe end of the year.

If OP talk about bitcoin, it is worth to wait more because bitcoin price still can increased, at least wait until December and OP can decide what will he do for his investment. But if me, i will wait more.

If it is ethereum then it will be better to hold it for some period of time. I think the price will soar again someday because ethereum is one of the best alts with good development and it is used by a lot of projects out there.

Its possible it can drop again. We saw it drop even lower than 190USD. If you are thinking of buying ETH you should buy a lower price.

Its panic selling for the weak hands. After every pump there is a dump. 15% losses are nerve-wracking for most people who are not yet immune or have not been sensitized about the volatility of altcoins.

I dont think its Bitcoin OP is talking about. Last time we saw bitcoin have a big loss was when it dropped to 5.9k. But bitcoin is going to rise this November as per technical analysts so lets wait and hodl. ;D

I will say this will depend on the coin that you hold, the important thing is the ability to bounce back and go higher, and it also depend on your financial condition, but now most of the coin got a big drop, so its not a proper time to sell, I suggest to hold a bit longer, but keep on pay attention on the market

If it is about altcoin, so OP must a little worried because although bitcoin up or down, altcoin still down. Maybe for altcoin if me i will sell my coins and change to other coins but i keep to analyze first.

It's alright man your not the only one that way because a lot of us in crypto feel that way like regrets and so on. We can make a good profit again just be patience and believe to what you are doing.  We can predict everything but we can hold it for the better.

The question is -15% is your stop loss/ limit? if yes just do that and never ask anyone again. Follow your rules and if from there you get loss just fix your strategy. In this situation many strategy fail and keep hold can make your asset stuck for long term period. Decides what the best for you and good luck.

It is highly unpredictable and due to its volatility the market can fell easily by 10 - 20% or rise accordingly. We must only invest the money which we are okay even if lost maximum else it would be difficult when the market is down and you need money will have to sell in heavy losses.

The feelings of regret is something that comes with someone who does not have a strategy, long term focus or know what they are doing in a market and they are just simply there. This is the main reason why a lot of people tend to just find themselves, doing things that would end up jeopardizing their investments.

As long as you know when you are buying, you have a strategy you have built on and you are either placing your focus on the long term, or have the knowledge to deal with the short term, then, just stick with what you know and not what you feel.

Of course, you need to sell and cut your losses at most time because you may end up losing more than that. It is wise to do it than to make your pride win.

Some people were buying ETH at the price of $190+ then while others were panicking. These drops are to be seen as an opportunity for those who missed the recent bull market. Buying Ethereum at the price rate of $100+ is something very cheap and everyone should see it as an opportunity. And this time around I don’t think the price is going back as it has gotten to $200+, it might just continue going up from there.

If you’re going to do that you should also consider the fact that the price will eventually rise up to a higher price. So I will advise you to have a little bit patience or maybe you can sell and wait for when the price to starts to rise again and you can buy in at the cheaper rate as of when the increase comes and start gaining as it rises to a price above that.

I know some people that have lost more than a fifty percent but still kept to the hold till they recovered everything. I’m not trying to say you should do the same, we all know how big or small our pocket is.

well, that's something that is normal for me, so maybe I'll keep it. even seeing the ETH price drop from $ 400 to $ 200, I still don't sell the ETH I have. whether it's something that panics or not, I'm used to this.

Dont get worried about your coins if their prices drop. You can always wait it out and then when bullish trends appear you can sell them. If you have some altcoins and they are 90% below buying price, you are not alone. There are several people out there like you but remember one thing : It took a lot of time for bitcoin to reach 1k USD and then 20k USD.

It has been attributed to ICO funds being dumped on exchanges so they could cash out the ETH to USD. I dont know if this is credible or just an easy to assume explanation of why ETH dropped. I think the POS shift of ETH was what made people panic.

Even in this case it is better hold the cryptocurrencies that you have. 15% loss is really not too much but you will be in minus if you sell everything. Be more patient.

Well do not mind the loss just continue trade and get a good decision on how you will going to learn on trading. This will also come to a good market price prediction or you can also do trading on some part where you can clearly see the next market price movement. Like when the market is green equal to 3% or more current increase of crypto market price then better to sell it. You will going to see just a day or hours that the market price will surely go down to negative or red market. This is where you can buy and increase the number of your crypto.

I have tried trading and I am only doing it when I can see clear market prediction regardless of the crypto to fiat equivalency. I am just only minding to increase my crypto rather and hold it until such time that it will be good to sell all the crypto. Maybe the time that bull run for cryptocurrency will going to happen.

It is very hard to lock out emotions, but people should do so IMO. Should not care too much how much negative you are in, more about what future probably going to bring. And also, what better options you may have. Holding is good, but if there is something else better to hold...

I do not even see the reason why anyone should be asking such a question, considering the fact that we all have our own strategies when it comes to trading the market most of the time.

As long as you have your own strategy, and you have it all planned out even before entering a trade, then you will always know what to do. It takes someone without any form of trading knowledge to be asking such questions and people like this should not even be involved in trading at all, unless they have been able to build on themselves in terms of knowledge.

It depends on how yourself, but that's not the problem because ive passed it before. If i predict in long-term it will fall foreverr so i will sell soon then try to take profit with another coins.

Long term investment is not forever there is always a time frame to sell it, for me 15% profit for short term investment at the current situation of the market is already enough for me to sell my coin but if it is for long term i will keep on holding it looking for more than 15% profit.

Your trading position should determine your next line of action.  If you are long on your position,  there is no reason for you to sell,  instead , you should be buying and see how you can find a trend that will work for you!

In trading there is really never a "wrong" you can't really recover from. Even warren buffet sometimes buys stuff that drops in value or he attempts to buy something and decides not to at the last minute and misses out on great profits.

So yeah, if you want to sell at 15% in the red that wouldn't be a bad idea at all, however it would be unwise to just sit with the loss, you do not go after the loss and try to chase after it and lose more but you end up hitting the reset button and doing smarter moves next time. That is what is important here, learning from your mistakes, having the right mindset and redoing it differently and better next time and earning profits.

If you end up losing once again, you have to ask yourself was it the same thing that caused you to lose again or was it different, if it was the same thing than why did you fell for the same trap and if it was something different have you learned from it. Losing is a way to winning do not forget that.

If you have the guts to take the risk so that you can recover from your loss then you should sell your coins and buy  it back at a lower price. Besides that, if the coin you are selling and then buying back is a potential coin then the chances to loose more money are lesser. If you think that the risk is higher and you might end up in a loss then the best option for you will be holding the coins until you make profit but then we don't know how long will it take before the price recovers. You might end up missing the other opportunities to recover your money as well. You have got to decide which option might suit the best.
If I were in your place then I would have gone with selling and then buying back :)

Dude, you want to do day trade without having studied technical and fundamental analysis and without that you have some strategy and this will not bring you good results. Another thing, you should not sell with losses, then you will buy and the price will fall again and you will again sell with losses, this will become a habit and in the end you will lose all your money. do the following: buy and hold for many years because it is the best solution for your case

Not good idea to sell your coin at 15 percent of loses
But if you a day trader go ahead sell it if not don't sell it for long term investment
Loses is a part of the risk in trading specially day trade
But you need to be careful of you decision to avoid a lot of loses

Panicking will not even solve any problem, what most people do is to always look for a very good price downward and start accumulating for the future. Looking at the price of Ethereum in the last year ending and very early this year, we will realize this is actually a good buy as well as every other market out there.

Mostly for investors who will want to go long on the market and be patient enough for it no matter what happens now is always the time they get to buy. Although, it is normal for some investors with trading knowledge to always have some stop loss in place, but at the end, it is all about how vast you are, but if you know you do not have trading knowledge, just know where you are buying is good for you and be patient to wait for an uptrend.

It’s very hard to predict what will be next move of the market. At that time of reduction by 15%, a lot of people might start seeing it as an opportunity to start buying and you might just sell and miss that opportunity. But if you can’t have such patience, you can still withdraw and monitor the market to see when it will start to rise again and when it does, you can invest back your money.

You are wrong, a 15% loss will make people panic about their holdings. After all majority of the holders of coins are speculating on how the bubble becomes and not the intrinsic use of a coin. Thus they are prone to panic. Usually those who play the day trading game, know when to exit but if you are hodling then you will get alarmed and in dire cases might get afraid and sell off your holding. For bitcoin to drop its not of much significant because it will go back up surely and gradually.

But for altcoins - you might want to question your ideals of holding - it becomes a personal choice in the end obviously.

only noobs will only panic but veteran and pro hodlers will not .  why panic if you know that the market drop is only normal and part of the game ? 15% or above is still recomendable BUT as long as you badly need the money , if not then there's no point of selling your coins at a huge loss .


you cant day trade if the overall market suffer from 15% loss because you will only loose .  day trading is only applicable only if some of the coins are not affected in the dip .

instead of selling and trading , why can we just start buying ? you will only get the benefit to purchase the coins at a lesser price whenever the market is falling .

Been down by 15% is only temporal and I will wait for the price to get break even before selling unless I need the invested amount for an emergence then I can sell at a loss price.

Declining the investment values in the large number will certainly make people panic but how these people manage their feelings so as not to direct them to make the wrong decisions is what we must learn. Up and down in values from our investment are the two things that can't be avoided.

If the currency you have is one of the main ones like LTC or ETH, or PoS coin giving you reward covering price dropping, you still have a high chance to be back in profit .
But if it some kind of shitcoin which not giving you any rewards from staking i think better to sell immediately as soon you see it's going down - better loose just 15 % now then 50% in a week or 90% in a month...

That 15% of price difference can change in a day or two so there is no need to sell your coins for the losses because I can be patient because knowing the fact but already we knows that cryptos are risky and we need to hold longer to make profitsso don't change the rules or you will be in loss.

There are some times when some little drops will not even affect you most especially when you are a long term trader. For one thing I have always known, once a market has bottomed enough and over sold, it is always a very good buy and a lot of people usually do not always understand that.

Apart from that, you need to ask yourself if you are actually a trader or just an investor, which I believe anyone who is a trader, in this case referring to the OP, will not be asking whether 15% is crazy to sell or not. Sometimes, it all depends on your strategy, of where you are getting in, where you are getting out, the support levels, things not working as planned and so more. If you do not have a strategy, you should not even be trading in the first place.

Yeah its crazy to sell now because coins have no value.its big lose of our effort because we work and no pay.Its really hard to work that you expect to have money to buy food for your kids but no payment.lt really hurts,but we have nothing to do but to drop our tears and look for a job for kids food.Crypto now is so bloody.

On bitcoins side then that kind of decrease wont really be too much 15% will eventually be recovered in no time together with some good top altcoins in the market but if we compare to BTC then they are really behind when it comes to % recoveries.Selling on panic is never been a good idea but there are really some situations which you would really need to make such decision.

That’s why it’s always good to make plans before you invest your money. So people never think of the fact that there might be loss when they invest their money. They only focus on how much they can make from their investment without thinking of how much they can lose, and when they invest and start losing they start to complain. That’s why experts will always say to us that we should invest what we can afford to lose, cause they know that anything can happen at anytime.

In fact it is depending on your trading strategies, if you are a short term investor then no doubt that it is time to sell, because you have to change your planning and buy again in low price, but if you are a long term investor then 15% is not such  a big drop you need to wait for the market recovery.

Hello again,
Thankyou all for the replies and insight. I appreciate it.

I realised that i didn't post which coin it was... it was indeed Ethereum that i bought.
I also spent more than I had spare at the time, wanted to trade - yet had no particular strategy or much in the way of understanding of technical analysis.

I have held onto the coins I bought, and have decided; I really need to learn a lot more before trying to trade.
While waiting for the coin to go up in value (which I suspect it will at some point) I'm going to continue studying technical analysis and practising on a demo account.
That way once i break even I should have a better idea of what to do.

Are we talking about ethereum here?Or this is the capital you invested in cryptocurrency?
But either both ,theres no ashame in selling even if the amount drops to 50%
Because this is your option.and we must respect and cutting losses is another strategy most traders use for another buy off when the market shines again

right, investing really should use free money, so we don't panic when assets decline. of course a 15% reduction has not been significant. because until now many have experienced a decline in assets to 70%

Of course it is good to invest our free money than keeping it with us for no use, right now there are a lot of invest, who are holding but some are selling, 15% drop is even very dangerous because it will make market lowers, I think red market will be recover soon, 70% decline in price will affect the market so badly, so hold your coin and never sell at panic price is expected to be high for next 15%.

Sometimes there could be red day and in the mist of the red day you could be 10-15% down. Sometimes the right move is to sell of and buy when there is massive drop and if there is no drop in price you move to another coin or trade. We should not trade with emotions at all as it can affect us negatively.

This could be absolutely not a universal formula for the trading, Buying/Selling of a coin depends on the current market situation, related news and the situation of the project. Although I always prefer not to sell in Red, the trader should wait for the recovery and sell.

You have no idea how many noobs are there browsing this forum. The pro-people as you speak of dont come to this forum at all. They are watching the markets and then buying at the dip with their money because the latter has no ends for them. For the less fortunate people a dip of 15% does include panic because it is their hard earned money. Same for the whales but they keep a lot of money to not be in a loss even if there is a dip, because they are prepared for it.

Its about nerves. Those who have nerves that dont panic are good to go.

Whatever the conditions, of course do not ever panic and fear because you will not be able to make the right choice according to circumstances if you are still panicking. a 15% decrease does not mean a bad thing or maybe the beginning of a bad thing. so don't panic, do technical analysis and you will know what you have to do

I think its depend on how much do you,  how much do you can take risk, is it very important money to you.

if it is small amount  of money, then you can consider.   
if it is not important money to you, then you can spare some moment.
 

Its ok to 15% loss on low amount,  but if its a big amount it could be question.   

If you can't wait anymore time, then you need to sell out at 15% loss.But if you have enough patience and if you invested into a promising project, then wait for price recover.

IMO, it is better to sell your coins at a 15% loss rather than waiting until the coin loses 90% of its value. And I am saying this out of my own experience with GBYTE (and some of the other smaller altcoins).

if I become you, I will decide after doing some research. If indeed you feel hesitant to keep holding, there is no harm in selling because I think losing 15% is not too heavy than later you experience greater losses.

One key attributes of good traders is that they focus on both profit and loss. My advice to you is, whenever you want to enter a trade, ensure you determine how much you're willing to loss and set stop loss according. Also, you should know when to sell.

If I am an investor then that amount of money lost is not going to make me sell but if I am a trader that percentage is simply too much and you should have sold a lot earlier, while it is likely that you could recover from such a loss when the market bounces back that is not a risk you want to take if you are a short term trader since it will take you forever to recover that money.

But not everyone here can do technical analysis. Those who can wont be here to post in threads they would be using their knowwledge to manipulate the market and make money in doing so. Dont listen to every other person talking about technical analysis because they are mostly frauds trying to pump their own coins or some similar propaganda.

Willing to lose is ok for a new trader but trust me nobody want to exit at a loss. Would you like to exit a loss? I doubt it.

If any traders invest their money on some protensial coins and if they can see that coin has dropped -15. They will still hold their coins. Cause they know that price will increase again after some days or month.

The dropped is normal in crypto, I even see my coins dropped more than 50% and I still hold and fortunately I was able to cash out with a profit.
Of course that was before when the market is still small and price could rise and drop anytime, but I still believe even if the price is cheap at the moment we can be profitable in we hold.

We are the same situation as here, I also invested bitcoin last year and deposit it into the exchange to start trading but months go on and until this year market price was drastically down and I can't make a profit for sure when I saw my portfolio was already down at 30% from my investment capital. So, I decided to stop and hold for a moment until I have reached the price amount which I purchased bitcoin before.

I don't think its crazy but its worth looking to see if this would be the worst of the fall because if it starts going green again is worth staying in.

People who have the patience will continue to hold. Someone may call them stubborn but thats not really true. A good project might need several years to get pumped up and produce on a large scale and during this period there will be change of hands of their shares or in case tokens or coinholders. Then again people come into speculative markets to make money and cashing out their assets does seem normal to those who are looking for only the profit and not a long term valuation.

You thinking the wrong way. If you are going to sell now you will lose your chance to get into the bullrun because when it starts you will not be able to catch up.

I know what you mean, buddy. In my opinion it is not necessary to sit to wait for the sea weather. Just see what happens to the coin. Look at the road map, the news background, ask the developers what they are planning in the near future. So you will understand whether to keep it or to sell at a small loss and go to a more interesting coin. The main thing is not to sell the whole cutlet. Use a maximum of 20% of the Deposit, and better than 15% So you will be able to diversify the risk and slowly accumulate capital.

I think the bottom is almost in now. However, depending on a few factors I will pull out of trades where I am in the red if I can inject the leftover btc straight into something that I consider has an even better chance of rebounding harder.

Depends how confident you are in mid term it will sink further. I mean if you are confident it will sink further before the rebound then you must get out then back  in later. I have not had amazing luck in these exact scenarios following that action though. Usually unless there is amazing opportunity I need money for at the time I will not pull out if it is already red unless new news comes to light that makes it look very negative compared to when I got in.

LOL reading that back I have not explained that well so I hope you can get what I mean.

That seems you are newbie and trying to make good money from low capital in start. Don’t worry about loss. Every single loss ratio that comes to you in new days are golden chance for you to heal your loss with huge profit. They are best teachers that are providing you a guidelines and lessons of your loopholes. You can learn how to deal all of these shortcomings in future.

Developers never tell the inside info of their work to people are trading. You think it would be so easy to gather info other that what is already known? If you are a close relative of some developer though then you might be able to get those info but still administration of such projects are generally very strict and allow very little information to leak out.

I like you style, but let me remind you that not every coin is for mid-term sell. Some of them are for long term and some for short term. You will understand this classification if you enter the market and trade yourself.

Applying some trading skills to investment at times helps in taking this kind of decisions, If you actually know and had placed a stop loss at certain level, this question wouldn't arise. Some traders take losses at 5%,10% and so forth depending on market expectation and analysis. If you hit your stop loss and feel it is time to exit the trade for safety and probably reenter at another confortable low, then you should be getting it right

if I always use the principle of stop loss if 10% I don't dare to hold the coin too long because the market conditions are now bad. if it has exceeded 10%, I will stopp loss and look for other coins

Of course you have to look at some conditions first before selling, including looking at the amount of capital that you spend, if I use small capital, I'm not too afraid when the price drops 15%, and there are other aspects that must be seen such as marketcaps continue to decline or not, and others aspects too. I don't set the target what percentage must be cutlose, just according to conditions

It depends upon your cut loss. If you want to go further than 15% before you sell your coin then its up to you. We have our own discipline in trading and we have key principles on what we will do just to make sure we got profits or cut our losses. Your strategy will depend to your strenght in hplding or to your trust about your shares in market.

So you mean you will simply sell your coins at loss and then move on? I would not suggest that for bitcoin but for altcoins its debatable. If you are holding some alt which is going to be big in future you would want to hodl it even if it might be at a loss from the price you bought. Because you believe in it and have faith in yourself that its going to be big in future.

If you do not believe in something to be big then dont out your money in it the first place, but if you did stay true to yourself. Again diversifying your assets is important so I wont discourage you but be wise about what coins you put your money into.

You should always know your tolerance level. Risk management is the key to successful trading. So this is very vital for that purpose. When you enter a trade, you know what level to exit. Either by lock in profit or cut loss. Practice that and you'll know the difference.

I agree with your opinion, they say that if you cannot control your emotion and expectation to the market, wait until the market proves it to you. If we know that we have fault in buying at the wrong position then sell already. If we are not ready to execute the trade successfully, then make a stoploss. That is why a lot of trader holds their token because they cannot see how much they loss. Well, we need to fight with that so that we do not loss a lot.

Yes I agree with you, if you do a proper research and believe on the coins platform why we should do stop loss on it? If we know that it have a big possibility to be well known in the community soon on which can possibly give us a huge profit in the future. Just hodl it and wait for the right time to sell it because the market is unpredictable on which anytime it can be go up or go down.

I would just add one thing. From what I have noticed over the last six years, if a coin is going down continuously for one or two months, then the chances are that the trend will continue in the future. This has happened to 90% of the alts.

Guys, understand the rule in the crypto-currency market, where assets are very volatile, you will not lose money until you sell your crypto-currencies at a price lower than you bought. For growth in the coming year, a lot of prerequisites, be patient)

The professional investors they usually use the stop loss command extremely effective and reasonable, you probably do not use stop loss order for this case so if you can not brave loss then you have to determine hold it.

15% of the loss is not this level to exit. I know that the guys go on holding their cryptocurrencies even when they lose much more. Meanwhile, everything here depends on a person and his patience.

Majority of the people dont understand risk management at all. They come in to make money and hope for huge returns on small investments then they complain about it and cry that it was a scam. I am surprised by the mentality of these people. Its speculative trading and they call it scam when there was no scam at all. Either they dont understand how market works or how a scam works. ;D

Seeing a loss on part of the price gets their pants in a twist since they bought in at a high price. Its an obvious thing but its also important to learn how to be patient when prices drop like this.

True investors should be ready to reduce the market by 50%, otherwise there is nothing to do, it is primarily a business that needs time to develop

15% in red is not a lot in reality. Go to say this to people who have lost over 60%. At a 15% level, I don't think it's the right move to take by selling. It could depend too on what percentage of your portfolio is outside the crypto sphere and how did you balance the risk firstly. I would wait some weeks before selling, you can be able to reduce the 15% to 10% maybe.

If you bought on a bear market, it would be right to sell with a loss of 15%. If the market is bullish, it is likely that the price will grow soon.

If you bought on high and now if you sell are in a loss maybe is time to hold, but if you need cash money and not want to wait long time is better to sell, but this is only your decision. And invest only money that afford to lose, take it as an investment which can bring profit or no.

Nothing wrong if you Sell even at 15% loss from the price that you bought your coin as long as you plan to buy something else with a greater chance of earning more and recovering what you've lost from that recent investment. Whats wrong is you Sell your coin at 15% less than bought price and do nothing with the proceeds. You need to have a plan and besides why wait till you see that you already reached 15%, you should act fast, its your investment.

Given that the assets are volatile, pretty natural in the crpyto market right? but until when they will wait? Imagine if all investor and traders wait until the market boom again, it means another chaos will be there since lot of people waited that time and this kind of market we are experiencing will come very soon too. We've seen this industry growing however people in here seems to be toxic now.

CRYPTO market is all about understanding, I bet the dip is scaring lots of weak minds away and making investors sell off... I am not 90% sure of my self holding for long.

suddenly it made sense to sell even at $4000
https://www.coingecko.com/en/coins/bitcoin

You can sell at 15% loss mate if thats what you think you need to do and want,theres nothing wrong with that.No one could ever predict when will be the market would go upward and sometimes there are really emotions that we cannot control but to gave up.Better invest on another coins that has a big chance to recover the loss.

That's why it really depends on how you look at your lost. Going back to 15% lose, I would say that its not a good thing to sell because we all know that the market is very volatile and a swing of 15% regain is very common. So it really depends on a lot of factor specially how you look at your investments, whether short or long, just saying.

the exit of any coin in early stages is advisable then we can make some early losses and gain again in another coin in profit most of the traders have experienced this market volatility and unable to take decisions

Disastrous for those going short. 15% is painful already, what more for an 80% negative. Though i doubt many could've expected how the market plunged to these levels recently. Most of us are expecting a recovery instead of this.

Yes, I will sell it and will buy it back below the selling price, at least even though assets have declined, i still get profit from the number of tokens / coins added, and hold it until the price rises again. Because I still believe in cryptocurrency.

I am one of those people who suffered almost that big loss. I bought at the beginning of the year and the price then bled, many people suggested to hold because it was only a correction. but prices continued to weaken. my assets decreased by more than 50% and there was no choice but to cutlose and hope can buy again at the bottom line

There are many other investors who experience big loss until now. Even me I experience it before , Having a huge loss is a big frustration for me. I have other coin that take a deep price , The only thing I do is to hold it and start waiting for a good news.

As the cryptocurrencies prices are extremely flexible, today you can lose 15-% but tomorrow you can be in a 20% plus. Thus, there is no one reason to sell your altcoins and Bitcoins.

I would say always put stop loss even when the market seems bullish , 15% means you didn't use stop loss and I would sell it if it happen to me because stopping loss in any point is better than losing more , Try to trade non emotional and forget about the past .

If I'm at a loss on my investment, then it should be better to have a little bit of a patience than selling without any profit. Nonetheless, we should consider the volume of the coins we have whether it's time to cut ties or continue to hodl.

Sometimes people dont set stop/loss at drops like that. It would be foolish to trade off all your assets at a loss because you are just emotionally moved that you have lost your money. What people dont realize is that they have not lost their money but the value of the asset has dropped. But it can happen and is nothing to be panicky about. Same in other markets as well.

Crypto being very speculative is subject to these risks and one must be aware of them before getting in the market. No use panicking but remaining calm is what they must try.

It's really important to be smart and not put everything in one basket because this market dropped could make you emotionally and panic.
You are correct, we don't loss money even if the price will dropped as long as we stay strong and hold our precious coins.

Percentage should not determine why we should sell or hold.  Remember that those that are patient will make good profits in this market.  Trading is a game and you need to plan and know how long you can hold before investing your hard earned money.

for me -15% loss I will go and move another coin. I usually if I trade always use the stop loss method and that I set it at -10% more because for the current condition it is very price-prone suddenly it drops rapidly

Though it is hard to make decisions with our emotions set aside (which I also think is not possible), maybe its possible if we initially think of what can happen. Maybe it could help to lesson the intensity of emotions like the disappointment when we see our portfolio in red. I was thought to think of what could happen for every decision I make and sadly sometimes I neglect it. Strategies are also helpful at times like this like because it helps you plan ahead if ever something didn't go the way you want.

Ive sold my ETH in $211 which i bought in $230 price i think ive around 30% or more honestly it was a let down i thought the price would pump seeing good projects relating to crypto starting up and i was seeing good fundementals but i was wrong and it had a huge dump expert eventually i had to stop my losses seeing ETH could potentially crash even more.

Selling altcoins so early is normal to do as a trader to avoid lossing more than unexpected price that will come in the market because nobody can predict price's in the market.

At any stage in the market, your level of loss and whether you want to be stopping loss or not, depends on your plan and strategy as a trader simply. One thing a lot of people usually do not always have. This is a market, and questions like this is not what should be asked. On every attempt to hit a position as a trader, you should be entering based on some signals you have seen, and in anticipation for profit, no where you want to be stopping loss. Otherwise, without any plan, it is a lot better not to even be trading at all, and just find an easy spot to be going long in the market, otherwise, your emotion will end up playing the best part of you into huge mistakes.

it is highly advisable to close the positions when the coin is going downtrend like 15 percent or 25 percent and then book profit in some other green coin

Hello! I think that you can try to trade only small soums. Which you don't mind losing. To each his own. Personally, I trade a little, because this is clearly not mine. I think you will succeed. Good luck!

If you do not know how to trade and want to make a profit, then hodl strategy is suitable for you. Buy any coins and wait for the market to recover. Do not be so emotional to respond to all market fluctuations, otherwise you will not be able to earn

It will depend on the coin you decide to buy and the You in person so if you trade well and you now the coin Holding might be a good option but if you dont i will suggest you back away and sell at low loss than going so high and then crashing your funds out

if you see some signals for the future growth, than you can hold and wait a better price

Thats right, there are a few of things that must be seen before selling, even though the market price has decreased by 15%, first you are right, depands coins you bought,second market conditions, third trend is happening. when bearish trend occurs then there is no other choice besides cutlose

Every trading is of course a strategy and also the determination of cl is different. in my opinion the 15% category still has the possibility of turning back and doesn't need to do a cute lose

At least, cutloss must be third option or last option when we can't do anything to help our investment. Don't let us regret to cutloss early and then coin up again. That is when trader's mental really tested.

if I myself would have been better to wait to return to normal to make a sale, because to get the results of the profit is certain, but if you make a sale that is still not perfect, the market conditions will lead us to loss. and that is certain

The market is going to grow again. The bulls are already close. I do not think that you should sell. 15% loss is nothing. It will be better if you hold it and also try the short-term trading with time.

Planning! That is the best word for it. A lot of people that want to take advantage of the market fluctuation enter it the same way of gambling, and if you do that, you are simply exposing yourself to a huge risk as a trader. Without a trading plan and strategy, it is just plain simple, you are gambling and the outcome is always horrific. Making profit in the market is one thing that has to do with your level of anticipation, knowing what to look out for before you anticipate, and having in mind where you want to be stopping loss based on your reward to risk ratio. All those put together coupled with other few things, makes up a plan.

If you are a short-term trader, then it would be better to sell when you are 15% in the red, as in the present situation the market would go down even further. If you are a long-term trader then i would recommend you hold your coins, as the market would recover again.

if to cover the biggest loss then selling is a good decision, we know that this month all altcoins have fallen more than 60% and there is no other way than to sell even though they suffer losses.

It depends on the situation, if you feel that the market is going down again then it is good if you will sell your coins for you to buy in the next dip. Always think effectibe strategy before you make a decision.

You cut loss at the time you feel the price will continue to go down.
With this done at the right timing, you will be able to minimize your loses or you can be profitable when buying at a lower price.
Market will rebound even at bearish period, so choose the right timing and be patient as it will certainly just come.
I wish I'm really consistent in day trading, money would be easy for me for sure.

Of course, a successful trader must act on every crash. It is not crazy to sell crypto currencies for a cheaper price -15% if you feel that the coin markets will fall in the intermediate term. Always listen to your moods, read news and do not rely on technical analysis, because crypto exchange markets are highly manipulated and unpredictable. Choose the entry point correctly and you will not suffer losses.

Well that's averaging and it's always a sound strategy for a lot of people especially those that are well experienced already and those that have good amount for capital. Not for me though. Prefer to be more on the investor type.

When price is crashing you don`t sell, you are buying. If it drops more you buy more, its buy support. It`s what you do with bitcoin price bounce back eventually, so what we need to do is to act on time. You don`t buy on tops, you buy in dips, and when you sell you sell when price is rising so you have some profit. 15% from 100$ is 15$, so what if you are in loss, wait longer, buy support and when it rise you will make even more profit.

I dont literally sell my coins that fast , Even I lose 50% of the value of the coin , I make a research first about the crashed coin then think about my second move on will I sell or will Hold it for long. Research is a must If you hold coins.

I think it is now a fluctuating market and in this market if someone is losing in his coins then he have to wait and  do not need to worry and to sell. If we will be in patience and will wait for longer time with our coins then the price of that coin will also recover and will reach to more higher value to profit the holders.

  Yes exactly market is fluctuating and it is never been stable. So waiting and holding is better than taking risk to sell it but mostly people get emotional and sell their coins at panic which is crazy decision according to me even if the fall of 15percent is so miner for you but even then no need to sell just hold.

If I were you,I wouldn't sell, I'd just wait. You are right to note: the price will soon rise. We can only wait

It's better to sell early than wait until the price get drop and drop you will loss a big money if you dont aware is the price will going down.

When you have no reserve funds, you have failed. In the area of investment, we not only have strategies, we need to have a financial management mind. We need more detailed and realistic planning for the next investment. Now you should only hold because the market will grow again soon.

Yes, it is better to hold. The market has come close to the point when the bulls can run into it any moment. Better do not risk and do not sell the altcoins when they are so cheap - wait simply.

Truly it's crazy but it sometimes we need money that could force us to sell even were losing. It sometimes also it strike into our mind a certain question,  why I'd never sell my coins when the price high? I'm losing right now, do I have to keep on holding?
It is really hard to decide specially when you are aiming to high.

Yes, I'll consider it crazy... Why would invest at first when I know I can't endure the slightest decline and I wouldn't expect an immediate increase on investment, Good things do take time.

Depending on the market you should using a stop lose for your trading coin, if the market still continue bearish cutlose can be a option. Ignore the people say "You Lose if you sell", without Sell your asset already lose. Better to cuttlose and buying more dip.

You lose already if you think of selling but in day trading it's normal to lose, that's similar to gambling, you lose some and win some but what's important is that you have more winning bets in the end so you will be profitable. In trading it's a journey and you need to pay attention to the market movement to analyze it carefully then make a decision when you find an opportunity to get out at a lesser loss in order to enter in other market which you think will succeed.

It is depend on market conditions because market cycles are result of logic and emotion. If you gonna feel comfortable then selling is necessary action which you are supposed to do. By the way 15% is not considered big loss in my opinion.

it is normal to loose fund and 15% is less ,in order to gain your loss fund you can trade other coin and try not to strict with respective coin thinking that price will rise in the future if you are not a big investor or big supporter.sometime it is good to switch coin as other coin can give more profit than current coin in nearby future.

The correct answer depends on the situation. It is good decision to sell your coins even you are in 15% in red if the coin will go dip more. You can stop your losses and you can regain it by buying in the bottom.

Dont forget theres a USDT coin where you can hedge the value of your coins.  Already sold my bitcoins while the price is still 7k..  I am planning to rebuy if BTC will land on 3.2k again.

If you, as a trader, are confident that the price of a coin will continue to fall, then a sale of -15% is acceptable. You are right that it is better to sell now at a loss for that to continue trading and earning in future. The only thing to think about: Did you draw the right conclusion from this situation? Judging by your post, you invested all your money in one coin, and this is a blunder. You can't do that, because it leads to what you have now.
If you invested in different coins, then they probably didn't lose 15% of their value in one day, that is, you need to make a conclusion and in the future in such a situation, don't allow the drawdown of your deposit by 15% and act before you loss so significant.

If one could have predict the top and bottom he/she could be the richest trader. I believe this is the right time to purchase and hold coins.
If you have already bought some coins and those are giving you 15% loss , do not get panic such short dd is unavoidable during trend, wait for the market to recover.

Where you found this information that eth never recover?I strongly believe that eth price never down under 10$ but eth and crypto market green again.If anyone sells the crypto asset with 15% lost and invest other projects where he get more profit i think its best decision.I think never stay your asset try to trade and increase volume.

What gave you the impression that Bitcoin ever come down to $3,200 again ?, I'd commend you for being lucky enough to sell at $7,000 but If I were to be in your shoes, I'll most definitely start buying back gradually now, because you can not tell what will be the extreme dip in price before the increase will begin, neither can you tell the extreme high price it could attain before it falls again.

Just for the record though, we never did imagine that bitcoin will lost its value from $19K->$3.2 (last bottom) so it's really possible and we are just like what $800 from it. My point being is that we should prepare for the worst at this point, the bear market is not yet done. Although it's been good this past couple of days as bitcoin touches $4K, no need to jump for joy as everything can happen specially how the price fluctuations in the last month or so.

In my opinion before trading you should be make risk management first by use stop loss for every single trade, for day trade we can use stop loss 5%-7%. But if you already loss 15% but the price already dumped hard about 90% from ATH level, so from technical analysis the price has potential to going up again.  I think crypto market already oversold and soon or later will change to bull run because bearish and bullish just normal market cyrcle.

Thats true but thats also their luck. They were lucky to get into something that would become big in future so they did enter into it. But then there are big fails as well. Those who put in huge amounts of money into some altcoins but they could never break even. In that sense it becomes a bit of gambling as well.

This is relevant in todays price chart. Bitcoin took a >10% dip in price today and other altcoins dropped by more than 10%. Someone has dumped their coins in the market and its back to the previous support level of 3600 USD/btc. Some weak hands or some FUD news - cant really stamp any to the reason.

For me i'm still on hodling on that to the point that it is below in -15% down when you believe on a project on what you hodl a coin you will still believe on that.

It depends on your objective and risk appetite. Risk takers will HODL, but that also means you need holding power.
If you need liquidity, better to cut lost and move on to something else.

If you predict that the market will go down further, you should trust your own analysis. This is a way to practise trading. But however, I don’t think it is a good idea to short crypto at prices that have dipped so much. We will never know when the market trend turn to be bullish.

better sell at 15% red than holding till 100% red

I don't support you to sell at 15% loss,if you are a trader,this is the time for you to make money by buying more and cut out you losses whe the market moes to 13% loss or even lesser and keep continue to make profits from it.

It is not a craze decision because maybe it is the best way for us to avoid more losses. I have many experiences that I really regretted, there are times that I thinking if it is better to do stop loss for me to buy in the dip but I did not do it because of my overconfidence.

It seems you are lack of knowledge in crypto currency because if you were an expert you never said that by the way you should learn all those rules that in crypto it’s not possible to see 100 percent red and holding has always been so beneficial I have never seen people complaining for holding because it takes time to make everything fine so i am holding only.

That depends on a lot of things dont you think? Simply selling away bitcoin when it was 10$ would have ended in a bad decision if that person was alive to sell for 10k $ in 2017. People dont understand the stuff that drives the market or how things work here. Bitcoin does have a lot of support from those who believe in it and those who see the future in it. Of course you may panic and sell at a loss if you prefer to like that and not see the long term effect.

However good things come to those who have patience and patience is very important in any speculative market. Being biased and impulsive will only lead to your losses.

well, that's a good decision, but consider it. because 15% is a pretty big number and you made a mistake because you did not order a stop loss. holding at the moment is not positive because we are not seeing any positive signs. Selling and trading will be better.
When you decide to sell the number of altcoins you are holding, make sure not to repeat that mistake again. You may not have anything left in your pocket.

It's not because it is called stop loss.  Some of the seasoned traders are always implementing it even in just a small decline in value. But you should also observe if it's just because of a fud or the projects has nowhere to go and just now a useless token.

I think you can survive in the near future with a stable market price, because it also believes that in the near future the market price will also increase again, seeing that the current development is getting better.

You waited to reach 15% till you realized that you need to think if you need to sell now or wait. This only means you have no plans prior to buying the coin that you are holding. Before you buy any coin, you should at least plan ahead, do plan to hold it for a long time or sell it when you reach a certain price. Failure to plan your exit is not healthy for you and your bank account so better plan ahead of everything.

I personally would say, yes, it is crazy to sell at loss, whatever may be the percentage, but we also have to consider the facts that what are the coins, how much is invested, how much can the investor bear a loss over a fixed investment, why the investor needs to sell excluding the reason that he/she is in loss.

Like, if the coins which have no future prospect, sell them wherever you are, and if you are unsure, just do some more research, talk to people, get some idea. And then, the reason other than being in a loss totally depends on the investors. Now, IMO selling in a loss unless and until it is heavily required to do, just ignore selling in a loss.

Someone once said, You're not in loss until you sell. And in my experience, That's true. I wouldn't suggest that you sell at a 15% loss unless more downtrend is expected from the coin. To avoid such in the future, Endeavor to place stop losses on your trade. That way, You can skip this part and not worry about selling in loss.

The situation is totally different from what it shown in the past years.  Our market trend today is not aggressive as it have. Many we're losing their money and it gives a little bit worries when seeing no market price improvement.
If we keep on holding, nothing to happen.  Some coins are continuing to decline, though it's too crazy to sell but we must in order to stop from losing it anymore, otherwise we've got nothing in the end.

Therefore it's necessary to act based on the market condition, since it's bearish now, we should not be aggressive anymore, otherwise we will only loss our money. Go with the flow, not against it, and holding is still the best way to combat the situation, we aim for success so we have to do things in order to achieve our purpose. As if the market before were not able to experience bearish, we've seen it many times so it's nothing new to us.

This is a great idea for keeping the sell order instead of losing more value in the market. I don't see there is an option stop-loss option in the present exchanges. So we need to calculate ourselves and start planning them by keeping sell orders.

I thought maybe, because many shit coins fell and died? the point depends on the market conditions of the coins that you buy,
if there is no chance to go up, then it's better to sell when there is a chance maybe %15 that's not a big loss

In trading 15% at times is nothing considering the volatility market moves crazy and up and down keep on happening . At days some coin can rise to more than 70% and fall back quickly too and rise again. Yes it is risky but selling at 15% is not ideal unless you know it will keep on falling .

You can observe the sell and buy walls are obtain an idea about the current trend. It keeps changing because news are being released and paid manipulation is also there.

However which orders to keep and which not to keep is also a tough choice to make. This needs practice and without trading in real one cannot understand the in and out of such orders. Setting a stop-loss is good but then waiting it out is also a good thing. You dont want to lose your coins at the wrong instant because someone told you to dump them. Thats being dumb.

Ye's even your strategy will gonna win or loss it's enough to take the risk of the market at this situation Still no dates given to grow up again the market.

I'm on a way to hold and keep it holding until I see even a little profit on it.  Selling at this time it's something to look a suicide, and we can't bring it back. I know not all of us can manage to hold especially when you are in need of money. Many case will take a matter for our decision and we should think it before anything else happen.

of course its crazy to sell 15% is already a big loss for your investment, holding is the best option and long term will give you enough profit

yes you have some points  but holding till 100% is much better because you can still recover your losses since you didnt sell right ?  as we all know that the market  can fully recover and rise more however that may take some time especially on the current situation where crypto prices are in pretty bad condition  . but overall , seling is not a bad decision to make when you know that you badly need the money for more emergency events  .

How can he have a point when bitcoin never was in 100% red. What more history showed that bitcoin always recover on previous ath and gain some more points and new ath along the way. What is the problem in waiting a bit? Some shitcoins are going in 100% red, but than you dont trade with shitcoins, trade with prominent and top coins, when did you saw any of them red for too long?

Personally, my experience has shown that selling coins in the negative is a bad step!
Because the world of cryptocurrencies is unpredictable, today -15% tomorrow +100%.

Even you know that Hold was still the best, and yet in the end you became impatience. I can't blame on that things mate, you might be in needed by that time that's you did it. But for whatever reason its just a bit of loss, perhaps it is really bad if you sell it more than 50% of loss, but its only 15% So, I think its still fine I guess.

Nothing is confirmed in crypto and no one can tell you about perfect time that you will have to predict by your self with the help of increasing and decreasing number of investors.  Related to the post i must say no need to lose even one  percent as crypto is full of profit only there is no lose if you are at good strategy of holding  make sure you win 100 percent.

No, It is normal on -15% loss than you will regret lately just always be patience all the time and don't worry the small dump. Everything will be fine and soon will bitcoin could lead to bullish run.

follow your instinct. the market is unpredictable. the worst is that we are trading a highly volatile market. i advise that you sell 50% of your coins and keep the rest. it might wing back but always be on the alert. the market will definitely swing your way once but it might take time. it might crash out your token and you will loose everything.

IMO, you can using trail stop on range 5% - 10% maximum loss in order to prevent further loss.

So about your statement, I think it's quite a lot but every people have different loss tolerance because who knows after loss 15%, the value begin to uptrend !

be sure that the Ethereum coin stabiliziruemost is the mother of all altcoins so the coin Ethereum will succeed

15% as such is quite less to go with because crypto is highly volatile and people have losses of more than 60 - 70 % has taken a dip form the price they have bough it. But yes not everyone can have that holding capacity and many would be risk averse so it will depend on every individuals.

The percentage needs to be considered with associate to the trading pair. If the asset has shown a 15% fall in value with respect to the growth of bitcoin, then it is good to go with the trade. As the bitcoin is in positive side the trade will get a bigger profiting. So, trading is need to be done with consideration to the trading pairs.

Putting all your eggs in one crypto basket is too risky, from my experience.  Better to keep most of your money in a stablecoin for buying cryptocurrencies to trade.  By the way, you don't worry too much about this things if you trade with what you can afford to lose. Trading with what you can afford to lose allows you to be focused and relaxed while trading.

There are 2 choices may I think that it could guide us,
1. Hold and wait for the market recovers
2. Sell them and diversify into other coins

It is not the reason to stop trading because of the dumps, if we have still courage to risk then we should have to go along the bearish season. Mostly likely it happen that many were thinking bad and that is wrong. Bear season is a part of crypto and so deal with it.

Stoping losses is good if you really need your money or the coin that you have think it will increase more you can sell it and once the value decreased more you can buy more coins so you can get more pieces of the coins and possible your loses will turn back and earn money too. Or you can switch your coin to other coin who is more cheaper value and more potential. If you don't any capital or extra money once you make a decision make sure you ready for what is the result on that ..

Its risky if you are not faithful or your not sure about the coin you chose  .  putting eggs in one basket like for example in bitcoins can be also beneficial because you can maximize your earnings  .


Why cant you just buy directly a coin that you want to trade ? In that way your capital wont be eaten by trading fees  . 


Not really . how can you relaxed when the market itself is not also relxed ?

The decision to sell or not is with you. and everyone has their own targets or ways about their management trading. so it could be when approaching the loss has done a stop lose to avoid substantial losses

I am not going to sell my investment for 15 percentage of loss if I hope my coin will recover and the future what I will do to minimise the losses is well buying more coins for the cheaper prices and will hold it are selling when the price recovery happen to make profit from it and equalise the losses which I made earlier.