How to recover when you are down 90% of your portfolio?

[LUCKMCFLY]

Hey guys, my friends and I were down 90% of our crypto portfolio. We bought at the highs and we bought shitcoins. Now we are still down significantly and i just want to ask if you guys have strategy to recover from this? Cheers!

There is a way that exists and is to make trading in scalping, is a very risky way, but if you have security according to the movimeintos and if you do not let liquidate in the right Exchange you can go recovering little by little, it is not that it is the most quick, you can suffer some loss but it is very likely that you will recover.

I always execute this idea in Bitmex, since I place my orders when the market is in a strong movement, whenever a strong movement occurs it is good to check what is most likely to happen, because it is the easiest way I have found to make money , not much but starting to recover.

You have to be careful with the leverage, because scalping trading usually do so with leverage at x25 so that the risk is not as exaggerated as that of x100, since those who leverage are therefore the most likely to liquidate their positions.

[TheHas]

Diversify your holdings so you aren't relying on a single coin to 'moon'.

You could also consider using the services of a 'pro' trading service. For example cryptocom has a crypto invest feature that takes your initial deposit of BTC or ETH and puts it into other crypto depending on your risk apetite.

Otherwise just start small and try to accumulate, and avoid taking too many big risks.

[Pattart]

Hey guys, my friends and I were down 90% of our crypto portfolio. We bought at the highs and we bought shitcoins. Now we are still down significantly and i just want to ask if you guys have strategy to recover from this? Cheers!

You can recover it by invest in bitcoin when its price start to rise. Just hold it for long term. Maybe you need to hold it for 4-5 years. Actually there are many ways beside invest in cryptocurrency. You can buy property then rent it. I think it can give better profit, but you need big capital and knowledge to do it. If you still brave to take more risk then invest in ICO will be good as long as you choose good ICO project to invest.

That's a very bad idea, he knew that he bought shitcoin and the price fell and made him lose 90%. what do you expect from shitcoin which has a price that falls to almost worthless? there is no choice but to sell it and try to be more selective in choosing coins, don't buy when the price is high dude, buy it when the price is in dip