When investment goes -100%

[shamzblueworld]

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

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[Ayiranorea]

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

[pooya87]

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

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

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

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

[EXtremeAEX]

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

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

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

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

[Kevin77]

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

Book loss (it will prevent further losses) and move to bitcoins (it will bring chances to recover your losses).

Remember a thumb rule : altcoins are ONLY good for short term trading and bitcoins and very few altcoins are recommended to go for investments. (hope you are aware of differences between investments and trading).

If you choose bitcoins for your investments, you will never face disappointments. But there also you must follow few strategies to buy. Buying at peak prices may make you wait for more times. Look for relatively lower prices to enter and you can see your money grow over time.

[mk4]

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

hah. I've seen bigger percentages of losses on my crypto portfolio.

Since you're complaining about price crashes of more than 100%, it looks like you've just bought those crypto coins recently. If that's the case, what the heck were you expecting? Double profits in 4 weeks? You need to think clearly. If profit was that easy to be made then we should be all millionaires now. Always remember the number 1 rule on investing on cryptocurrencies.

HODL

[mindrust]

That's the main problem with altcoin investments. They are risky.

If the amount you have invested in those coins wasn't something big, leave them be. You'll never know what will happen in the future. You may have x10 to x100 profits in the future.

If you can't afford to wait 1-5 years, then just cut your arm off and get out and never do such silly things again.

[iram3130]

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

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

[clickerz]

Its not only you mate suffering from those red investments lol. In my blockfolio apps, all is down and losing already on virtual values of this coins. At first its painful to see  but I am used to it now. Leave it, it will recover sooner or later. I only invest on top 20's in coinmarketcap coins list.

[BrewMaster]

you need to learn how to manage your investments well. that is why i always say don't go overboard with your diversifying. when you invest in a handful and manageable number of investments then you can manage them easier too.

drops rarely happen fast, and even if they do, it will still be step by step drop. for example if it is a 30% drop in an altcoin price then it will happen over a whole day. and when you are watching the price you can catch these drops as alerts or whatever other method you use and act on it fast by selling at a small loss (like -10%) and save up on further bigger losses (preventing 20% loss).

[pedrog]

In crypto you earn or you learn, either way you win. 

I'de say don't realize your losses.

[CasinoKiller]

No, I haven't. And hope, nothing like that happens to me
But good luck to you, brothy!

[dothebeats]

Luckily I have never experienced such situation yet, and if I were in that situation I would probably be cooling off and just forget trading for a while, try to recollect my self before initiating trades once more. That must have been so depressing to begin with, and I hope you can recover from it.

[The Sceptical Chymist]

Lots of investors--not just in crypto--have lost everything--so you're not alone.   My suggestion would be to invest in better coins for one thing,  and also use a stop-loss order if you can, which has already been suggested.   That way you can set your 'comfort' price, below whoch you're not comfortable owning the coin.  You obviously investing in some shitty ass coins, so think twice before you do that again,  that's the main thing.

[CraigWrightBTC]

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

Yes, i have experience like you, what's purpose investing in altcoins long term investment or short term investment?
If you make investment for short, should you have did cut lost when the trend of price started down
but if you made investment for long time, the best way of course hold the altcoins until the price is back.

[~Bitcoin~]

It looks like you have purchased some of the shit coins when they were pumping hard at peak price. 100% dump in price suggest that you have bought shitcoins which might not have similar pump in future so best option for you could be sell those shits and invest in another coin with top trading volume and currently in correction phase like ETH and ETC.  

[audaciousbeing]

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

Unfortunately, you are not the only one in this shoe but going down 100% would mean down to zero which I find that hard to believe but either way since you have resolved to wait which is the only option I see now, then there is no two ways about it. Aside that for buying 3 coins and everything going down signal to me that you are probably not buying more intelligently which is something that is common around now considering the pumps group manipulating the price to their advantages.

[olushakes]

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

This is something I have equally face at some point that I had to even stay away from crypto trading for a while because it was obvious I bough wrong and there is nothing I could do about it. After a lot of wait, I had to just sell eventually count my losses and move on but the issue here is that in as much as you have resolved to wait till the price picks up then you equally need to be watchful and set an upper limit to cut your losses and know the right time to exit is of utmost importance.

[Kemarit]

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

I haven't experienced or seeing a 100% down on my investments so far. And yes, I think you have no other choice really but to hold so at least minimize your losses. Or what you can do is accepts those losses and go to bitcoin. I think the bubble has been burst on some of the most "promising" alt coins and even ETH is down after reaching $400. Just to sad that you haven't got out early and now you are being trap. I remember I have a coin that I have invested in April but I got lucky to exit early and now its down to more than 80%. Maybe if I didn't get out, I will be trap as well.

[bouren]

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

Welcome to the world of trading
Yep, it is pretty obvious to see downfalls in altcoin trading world but give me a break what you meant by "more than 100% downfall".
Never despair into trading. Make rule one, not to sell on loss. Cryptocurrencies are facing too much corrections these days, almost once every two/three days. This is because of the increasing manipulating of prices by pump/dump groups. Be calm and keep hodling