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Author Topic: I lost 80% of my bitcoins in alts, What can I do now?!  (Read 21855 times)
emsjvh
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July 21, 2018, 01:04:50 PM
 #1301

its always risk in altcoins, you can receive nice profits or lose money, its interesting how is situation half year later of our investment, are you plus or not.
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July 21, 2018, 01:13:08 PM
 #1302

You only will lose if you will sell at this time. The only true option is to hodl. Just wait for the growth. The best thing is to diversify your portfolio in 50 % Bitcoin and 50 % altcoins. All we need now is to be patient.
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July 21, 2018, 01:15:54 PM
 #1303

I think that now it's too late to do something and need to wait for the growth of altcoins, I almost do not doubt that it will be in the near future, the main thing that bitcoin is not much shook in different directions
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July 21, 2018, 01:24:56 PM
 #1304

I do not see any reason to sell altcoins with such a loss.  You just need to wait for them to grow up.  My portfolio of crypto-currencies also fell by 70-80%.  But until I sold my altcoins at a loss, I do not believe that I lost money.  Still can grow up. And I will get my profit.

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July 21, 2018, 01:26:39 PM
 #1305

I lost a lot, too. But before investing in the crypto currency, I realized the fact that this is a big risk. That's why, I do not invest all my money in the crypto currency. At the moment I believe that the market will go up.
rainmonsoon
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July 21, 2018, 01:29:15 PM
 #1306

There are always opportunities around to make good investments, to earn back your losses from bad projects, if you know, where to look for them... I believe certain many altcoins have a good potential to gain 10-20x, maybe even 100x. Hard to imagine bitcoin gaining 10-20x other than very long term - but a very big maybe. But, for all projects: Do your research, because there are very good ones, but very bad ones too as you know, unfortunately...! There is no shortcut to your own work! Don't trust the ICO ratings because they can be bought, and don't trust the most visible projects because it just depend on marketing spend, not on the quality of the project! Look at the substance, the business case, the value of the space they are claiming to take over or "disrupt", the nature of tech to be developed, the business experience of the team (most teams don't have a clue of the underlying business!!! so they can't disrupt anything...)

Recently, I have been following in particular Stellar and Stellar-related tokens. Stellar is on the rise because of the prospective Coinbase listing - probably one of the best bets for 2018. Up by more than 50% from the level a week ago, and it will continue for sure. Price has potential to multiply! Worth looking into tokens issued on the Stellar platform that will also profit from the new rise of Stellar...

There, I found an interesting, solid project, experienced people, with their token issued on the Stellar blockchain: AXU of argentas.io. They seem to have ANN for their community-oriented presale too https://bitcointalk.org/index.php?topic=4431900.0 Financial blockchain, solid idea & white paper, thinking of putting in some. Just too low profile so far, but it definitely is a hidden gem in my opinion.

Of course one has to diversify between tokens, not to put the eggs in one basket, but this one looks to be worth the risk with a very attractive presale price of 0.4 XLM for 1 AXU that is 50% less than their ICO price later, so this 2x gain together with the underlying Stellar price going up, giving a double boost to it, looks to be like a sure winner, gains soon in pocket I believe - and may soon be 5-10x the initial presale price, later on maybe 20x. Following some EOS related projects too along with other Stellar projects, maybe finding some further ones there too. But I am definitely for AXU as an undiscovered diamond - others I like are much more well known - so far... But I like to pick my own things that the others still ignore - I have gained very nicely that way so far Wink
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July 21, 2018, 01:31:52 PM
 #1307

now a good opportunity to recapture some of its losses , the market is at the bottom ... you can now invest and sell by the end of the year at a profit
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July 21, 2018, 01:32:56 PM
 #1308

If I see what you are doing then I conclude you are less precise in reading opportunities. Obviously bitcoin has a good future but why do you buy another coin with your bitcoin. Now it is not right that you regret what has happened. You should improve yourself to smarter reading opportunities and make strategies. Whatever coin you have now then you should grab it until the price goes up and you've got a profit. My advice, next time you have to buy crypto currency coins that have a potential future.
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July 21, 2018, 01:34:28 PM
 #1309

First of all, I am very sorry that I lost 80% of the capital. It is very difficult to regain the lost capital with 20% capital.
Even if the bit coin is pointed at more than 10 times the price, it is not easy to recover.
If there is a massive market activation of at least 100 times, it is necessary to target one Altcoin from now on with a capital of 20% and increase the total number of Altcoins through short-term buying and selling to catch up with the lost capital It will be an occasion.
It is also possible to spend a great deal of time talking about it and know that it is a very difficult task for elite professional analysts to market.
Therefore, we have to support the market by believing that the beat coin goes more than 100 times.

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biochem123
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July 21, 2018, 01:36:23 PM
 #1310

First, you should learn from your mistakes, don't hold alts in a downtrend - bitcoin is acceptable but optimally you'd be holding stable cryptocurrencies like tether or TUSD and/or be shorting btc.

Buy alts once the trend reversal is confirmed
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July 21, 2018, 01:38:33 PM
 #1311

I have a similar situation as you do. But I'm sure that you need patience and wait. What would at least bring back what he invested.
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July 21, 2018, 01:41:04 PM
 #1312

God, you lost more than 80% of bitcoins, friends, I think you must have bought altcoins in the last week of the bull market. right? It's very risky. I'll choose to sell after a 3-5x increase in an altcoins. Have you seen the K line of that altcoins before?
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July 21, 2018, 01:52:07 PM
 #1313

I also lost a lot on the stock exchange. For half a year, the market collapsed. Dade the most promising oldoini greatly subsided. I keep everything, I think the market will come to life
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July 21, 2018, 02:10:52 PM
 #1314

its always risk in altcoins, you can receive nice profits or lose money, its interesting how is situation half year later of our investment, are you plus or not.

Investments are always risky, and I can only assess the correctness of my actions after a certain period of time, I consider not less than a year.
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July 25, 2018, 04:41:18 PM
 #1315

Hey there

In june & July I bought Digibyte & Stratis & Siacoin with all my bitcoins, till now I lost almost 80%

What can I do, HOLD or Sell or What!

It is better to hold until the coins are returned to at least the purchase price. Bitcoin is the safest investment is not the first year. Usually in end of year we see rise of all coins and tokens!
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July 26, 2018, 06:24:56 PM
 #1316

I now bought 1100 Waves, 24 Bitcoin Gold and 5 Dash. I am sure that these coins are one of the most promising in the direction of a large price increase!
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July 26, 2018, 06:58:37 PM
 #1317

Hey there

In june & July I bought Digibyte & Stratis & Siacoin with all my bitcoins, till now I lost almost 80%

What can I do, HOLD or Sell or What!
Hodling Bitcoins is the best plan now. I personally put 50% in Bitcoin and use the other 50% to invest in good altcoins and fiat.

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July 27, 2018, 01:31:16 PM
 #1318

So painful actually! Believe me Brother, all is not finished for you. I can advise you that instead of holding on to the remaining 20%, why can't you just share it into two, buy some ETH and dive straight into day trading. Thou looking at the bearish market now, you may be forced to think you can't make any reasonable profits, believe me if you can persist in this, you will give a better testimony here soon.
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July 27, 2018, 10:40:36 PM
 #1319

I started investing heavily a few months ago in a few tokens. At the moment the price of my holdings is less than half. I am not planning to sell at a loss. However, I keep buying now as the price is more appealing. I am averaging the price down so my losses are slightly decreasing (percentage wise).
I must keep patient until the market recovers from these difficult moments! Do the same if you wish.
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July 27, 2018, 11:23:50 PM
 #1320

If your plan is to hold it for a long term the you dont have to worry because market will recover. Just make you that youre in a good project and always check for updates about the current market status specially the crypto that youre holding
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