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Author Topic: I lost 80% of my bitcoins in alts, What can I do now?!  (Read 21855 times)
dedocry
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November 09, 2018, 06:23:25 PM
 #1721

Actually I did the same. What can you do now? nothing I think, just learn from your mistakes


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November 09, 2018, 06:23:36 PM
 #1722

I know how difficult condition it is because I am in the same condition. What I am trying to do now is use 1/3 of my total investment for trade an for the rest i just hold for long term.

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November 09, 2018, 06:26:02 PM
 #1723

You need to learn a lesson from what happened. Analyze all your actions and make a conclusion that what was done was wrong and led to such serious losses. This may be unpleasant, but it is vital if you plan to engage in cryptocurrency business in the future. It is very important to have a clear strategy and behavior model which you will follow, but they must be correct. Remember: the correct model is the one that makes a profit, all others are wrong. What works well for others does not necessarily suit you and vice versa.

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November 09, 2018, 06:34:10 PM
 #1724

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!
I really understand your feelings are very anxious and deficient. But i think Altcoins is that you will have assets and a suitable time your Altcoins can restore and even multiply 100 times you So please be patient and wait and hold your Altcoins in the moment.
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November 09, 2018, 06:35:58 PM
 #1725

you can buy now, one more time, altcoins. I hope this time altcoins will grow faster than bitcoin

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November 09, 2018, 06:39:52 PM
 #1726

Sorry about your previous loss but you would not want same to repeat itself so the best thing to do it to hold until you are able to recover from the previous loss the market is very bearish at this time so selling wont be the right option so hold or buy more
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November 09, 2018, 07:02:38 PM
 #1727

you will never loose until you sell this is a very important investment advice try to hold more if you still trust your investment otherways sell personally i'm in the same case as you but i will keep hodling Smiley
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November 09, 2018, 07:07:07 PM
 #1728

Many people lost their btc in altcoins for the last year. But you should wait and understand how is it risky.

Fully agree with you. when someone lost over 80% of investments, so selling the remaining 20% will not return what he lost, so it makes no sense to sell already, he just has to wait.
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November 10, 2018, 08:36:20 AM
Last edit: November 10, 2018, 09:04:51 AM by AlisaWhishie
 #1729

With 80% down,i think in my opinion is bad bad idea to think of selling now,hodl will be the best option till the coin is up with reasonable percentage.At this point is as bad as you've lost everything,so is better to hodl.

This is a common mistake, as far as I see. Why hold further if you see that the assets you're holding are dying? Just sell now, while they cost at least something, or you'll just lose it all. It's better to save at least some money an get back 20% of invested that lose everything.
Selling is not something bad, it's not a weekness, betrayal or renunciation. You'll not leave the market selling your coins, instead of it you'll get an opportunity to buy back even deeper and then continue holding hard.

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November 10, 2018, 06:36:15 PM
 #1730

You also can connect a bot that will increase the number of your coins while the market is falling. In the Internet you can find a lot of these bots. and when the market will grow you will already have a greater profit

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November 10, 2018, 06:42:44 PM
 #1731

You have`nt to sell anything in such a market, especially considering that you bought altcoins in the summer.
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November 10, 2018, 06:53:56 PM
 #1732

In my opinion you should not be confused and panic. You should do now which you must be calm and patiently, relax your mind and wait for market recovery you will have the opportunity to get back 80 percent Altcoins that You lose or you can get 100 times.

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November 12, 2018, 09:18:10 AM
 #1733

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!

That is how it is, there are always going to be times where you buy a coin and then they go down in value, as long as the coin is good that you invested in then you have nothing to worry about, you just have to hold the coins and wait for prices to recover. Hodling those coins right now is the best thing that you can do, it may take a while but you will get all your money back with profit

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November 12, 2018, 09:43:06 AM
 #1734

Just wait. If you sell, you will literally lose 80 percent of your portfolio, but till the moment of selling coins, you have not lost anything yet. Be patient and wait till the better times to come, find a hobby or something else that has nothing to do with crypto.
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November 12, 2018, 09:58:29 AM
 #1735

Nothing can be done. Just accept your failure and move forward. What can you do about it? You can select the most potential alts and make a good portfolio. But no one guarantee you fast profit. Anyway there is no other way to grow your amount of BTC. You should trade alts and increase alt/btc ratio
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November 12, 2018, 11:31:57 AM
 #1736

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!

In fact, each of us at one time made major mistakes due to insufficient knowledge and confluence of various circumstances. Personally, I think that in this situation you just need to be patient and don’t sell your coins - there is a chance that after the market recovers next year they will start to go up.
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November 12, 2018, 10:00:07 PM
 #1737

Well you have a good coin I think worth keeping , prices of course fell very good , but the price has dropped quite low and is unlikely to go below, so keep cool)

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November 13, 2018, 05:02:07 AM
 #1738

Why do you buy such a coin, you want to get rich overnight, so the risk is great, now you have to take risks. There is no way to tell you what to do is the most correct. You must bear the loss.

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November 13, 2018, 09:42:43 PM
 #1739

You can buy coins that you had at the current price if you sold them or wait for the price increase

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November 14, 2018, 04:15:20 AM
 #1740

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!
I think you should sell before things get worse. The altcoins are sharply lower then you should sell because it does not have a solid financial foundation. so that's going to be bad altcoin. You should focus on investing in top altcoins like ETH or XRP. That would be the profitable altcoins for you in the future.

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