turbulence
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July 11, 2017, 11:29:03 AM |
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yeah ugly, once it stabilizes for a while i think i'm gonna stock up a little more on the ones i think have good chances when bounce back and then just wait for however long it takes
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Alttrader203 (OP)
Newbie
Offline
Activity: 70
Merit: 0
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July 11, 2017, 11:40:24 AM |
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I wish i had cash to buy in now. My cash is already in coins.
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stomachgrowls
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July 11, 2017, 12:02:28 PM |
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Guys, I am officially loss making as of now. This is going deep. Anyone else lost big amounts? (It is relative to your own total wealth/income)
You are not alone mate even I do seeing my portfolio are all in reds which it really hurts me a lot when i do anytime i see it. Sometimes things comes to my mind that i will sell already to cut loss but i would rather choose up on holding till the end and i do really love to gamble things thats why im still hodl as of now. I know its not an easy thing but we should really avoid on selling on loss. Better to wait even more since dump doesnt happen on forever.
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Alttrader203 (OP)
Newbie
Offline
Activity: 70
Merit: 0
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July 11, 2017, 12:30:26 PM |
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Yeah. I was supposedly spread out. Btc/altcoins. All down the drain If i had more cash i would buy now. I just dont have the cash:(
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Prodigan786
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July 11, 2017, 01:22:54 PM |
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If your getting panic then you should be a short term investor and your really dint make a point you made loss or your in loss . For long time investor it may recover soon or later.
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Sikka157
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July 11, 2017, 02:49:50 PM |
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I have seen my Eth drop from $410 to $175 today. I own 70. You can calculate how much I saw my portfolio drop. Also ICN, waves, Antshares, Melon and a lot of them. My portfolio dropped more than 20k and currently sits around 17k.
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giantrobot
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July 11, 2017, 02:51:10 PM |
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Guys, I am officially loss making as of now. This is going deep. Anyone else lost big amounts? (It is relative to your own total wealth/income)
Not only you, there are a lot of people who are suffering the same situation, they are losing their entire money when most of the money goes down, even, a few dollars become worthless, so bad.
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harveydent000
Newbie
Offline
Activity: 25
Merit: 0
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July 11, 2017, 03:10:56 PM |
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My portfolio dropped from 3500€ to 2000€..almost every altcoin in red because i bought in in june...but i wanted to hold for 4-5 years so i didnt sell anything and i will hold. Somehow i hope it will drop much more, i wanted to invest some more next year. Monthly salary from my job: about 2500€ after taxes - So yeah it hurts a little bit.
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vighter
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July 11, 2017, 07:52:07 PM |
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cash out at a point which you can live with, and join the next hype in 1-2 month.
or go short ETH and make big money
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CryptoPro3
Full Member
Offline
Activity: 182
Merit: 100
Money loves speed
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July 11, 2017, 08:10:28 PM |
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Guys, it's OK.
My portfolio dropped from $27,000 (peak) to $17,557 as of right now.
You don't lose ANYTHING until you sell. You don't take a loss until you sell. Until then, it is just a hypothetical "loss" on paper. You haven't lost anything yet, you lost a couple of made up numbers on paper. They will come back when the market starts to rise and the bull power kicks in. No worries, stay strong & hodl to your best coins and do whatever you need to to stay comfortable.
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Kenny001
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July 11, 2017, 08:13:02 PM |
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Guys, it's OK.
My portfolio dropped from $27,000 (peak) to $17,557 as of right now.
You don't lose ANYTHING until you sell. You don't take a loss until you sell. Until then, it is just a hypothetical "loss" on paper. You haven't lost anything yet, you lost a couple of made up numbers on paper. They will come back when the market starts to rise and the bull power kicks in. No worries, stay strong & hodl to your best coins and do whatever you need to to stay comfortable.
Exactly
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Vlizzjeffrey
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July 11, 2017, 08:37:09 PM |
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to much emotions. If you were in it for quik profits, you should of sold everything, if you're a long term holder, you shouldn't even worry about this, go on with your life and once in a while check prices, dont worry about that shit to much.
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go4crypto
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July 11, 2017, 08:38:56 PM |
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This correction should be over around Aug 1 once the FUD around bitcoin is out of the way. Just staying put and holding until then.
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Easy2Mine
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July 11, 2017, 08:47:12 PM |
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The rise was very rapid. A very rapid decline now. Hopefully will settle soon.
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BitcoinerXX
Member
Offline
Activity: 94
Merit: 10
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July 11, 2017, 09:47:48 PM |
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The rise was very rapid. A very rapid decline now. Hopefully will settle soon.
alt coins are worthless, they are pure speculation. to keep dreaming about a return to ridiculous highs is insanity. but then again, the alt coiners tears will fuel the next bitcoin bullrun. dream on suckers!
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styca
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July 11, 2017, 10:11:07 PM |
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to much emotions. If you were in it for quik profits, you should of sold everything, if you're a long term holder, you shouldn't even worry about this, go on with your life and once in a while check prices, dont worry about that shit to much.
Good advice. It's easy to get emotional, and the worst thing anyone can do is panic-sell. For long-term holders, don't worry, everything will turn green again. If you have the nerve and the ability, you can sell and re-buy lower; if you don't want to risk it, then just hold instead. There is better to come, but always remember - the higher the prices go, the more the drops can hurt. If you had 10k and it's dropped to 5k... then if the next bull takes you to 100k, a similar % bear means a drop to 50k. The higher the ride, the stronger the grip required.
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BurstIncomeAsset
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July 11, 2017, 10:49:12 PM |
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to much emotions. If you were in it for quik profits, you should of sold everything, if you're a long term holder, you shouldn't even worry about this, go on with your life and once in a while check prices, dont worry about that shit to much.
Good advice. It's easy to get emotional, and the worst thing anyone can do is panic-sell. For long-term holders, don't worry, everything will turn green again. If you have the nerve and the ability, you can sell and re-buy lower; if you don't want to risk it, then just hold instead. There is better to come, but always remember - the higher the prices go, the more the drops can hurt. If you had 10k and it's dropped to 5k... then if the next bull takes you to 100k, a similar % bear means a drop to 50k. The higher the ride, the stronger the grip required. But everyone is expecting a big decline in August. How can we know if this is just the start of a bigger fall?
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talkingdreams
Member
Offline
Activity: 89
Merit: 10
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July 11, 2017, 10:58:24 PM |
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Yes especially the ICO coins (SONM, Bancor and Status) are taking a hard hit right now in my portfolio. Guess there is nothing else to do then wait till this fiasco is over.
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ikiaozora
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July 11, 2017, 10:58:34 PM |
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just patience, still hold, everything will be fine. Long term is good choice
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Apollo777
Member
Offline
Activity: 98
Merit: 10
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July 11, 2017, 11:08:01 PM |
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You can either hold through the rough times OR cash out to live and fight another day. Market Capitulation could happen.
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