I lost 80% of my bitcoins in alts, What can I do now?!

[BitMarshall]

Dont worry, you just need to hodl all your investments.

[1715382497]

1715382497

[Oakey22]

HODL and it will reach the previous levels eventually

[c4s7or]

I would always keep at least 1/3 of my portfolios value in BTC.

[magiccarpett]

you should hold. i mean you have nothing to lose.

[Mrtree420]

Buy more bitcoin. 

[Nanda Dewi277]

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 it's better to hold your altcoin because all altcoin prices are now down because Bitcoin prices are rising and hard fork will happen. hold and be patient I am also stuck in altcoin.

[neo444]

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!

You can wait for the increasing price of bitcoin to sell your 20%  of bitcoin with that waiting you can back a percent for your 80% and after that you can find a trust faucet and trust invest or trade bitcoin site to back your lost 80% of bitcoin

[naidray]

Investment risk : Never put all your eggs in one basket.

This is definitely correct rule and the most important rule, if OP put most money in bitcoin or ethereum, he would not lose so much, altcoins are very risky.

Yeah , but if your put on new coin/not popular , maybe its can be dump to low price.
Because a new coin have not stable price , can be decrease to based price 
Altcoin = Like a new baby come to the world 

Not every one really knows how to trade and some people just always end up gambling their position in the altcoin market. Some don't even set stop loss which is what amuses me the most until they have lost so much. At this stage, and looking at the market, it is simply obvious he has lost a lot and he was not really following the market movement to let it get to that point. But that is trading, shit happens! just learn from it.

[zahed]

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!

very sad news...!! why you invest all bitcoin with only three coins it is big fault i think.Because firstly you need market analysis than invest some money. Digibyte is not high effective coin.Now you can sell this coin and buy new potential coin.

[Lukus]

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!

You can wait for the increasing price of bitcoin to sell your 20%  of bitcoin with that waiting you can back a percent for your 80% and after that you can find a trust faucet and trust invest or trade bitcoin site to back your lost 80% of bitcoin

This would be my advise too, no point in selling now but to wait...

[hownowbrowncow]

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!

Depends.  What alcoins were they?  A lot of people sold altcoins in hoping for additional bitcoin gold coins when the fork happens.  If they are reputable altcoins, hold them and they should go back up.

Second this suggestion, selling at such a loss with reputable altcoins would be a bad decision. As I'm sure those that sold their bitcoins and litcoins, etc during the crash a few years ago will attest, hodling is best if you believe in the tech.

[nkarm1]

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!

July is the month where Siacoin and Stratis price where so high, man you are caught on that trap. For now you will have no other choices other than holding or maybe buy more. 80% was a huge loss and you will lose more from those two coins because their prices is still on a bearish trend. You should have set your target prices for your gains and losses first and foremost. And last never buy altcoins on their peak prices man, specially if those coins are not that established enough for long term invesments. Goodluck bro, btw if you need more guides try visiting this thread. https://bitcointalk.org/index.php?topic=1715214.msg17180511#msg17180511

[Cult]

That was a very expensive lesson, hope you learned it.

But don't quit crypto, learn and improve, never give up.

[bitcoin31]

If you have that coin its better to hold your altcoin because if you sell your altcoin you can lose your  other bitcoin because the price of the altcoin that you have decrease. You need patience so you can wait the price to increase and if you have they have possible that you earn a lot of profit . Thats the only way to save your bitcoin . But it depends to you what is the best .

[eance]

patience is key now. Dont sell at loss.

[helloeth]

Like many have said, most likely better to hold. You know these have potential to rise, where if you sell for another coin you might miss the train back up. Hey if ebtc is already back to .20cents.. it should be going back up. GL

[styca]

I don't think siacoin will recover. However it is important to note that even if a coin is falling towards $0, you can still take profit. There will be peaks and troughs on the way down.
I don't know much about the others, but for siacoin I'd say: sell when it reaches a short-term peak, buy back the same amount at short-term trough - and keep the difference in BTC. Then just repeat as and when the situation presents itself. Peaks are relatively easy to spot, when a pump starts to lose effect. You probably won't recoup everything this way, but at least you will mitigate your losses, plus you'll retain your original sia holding in case of an unlikely massive pump.

This is the strategy I sometimes use when I become a bagholder (cough... QRL... cough). Of course if there is absolutely no chance of a coin recovering, then just sell the lot immediately to cut your losses.

[pitiflin]

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!

Well if it helps, you can wait for a few more days, after the fork the prices of alts are most likely to change, and holding is one of the best things you can do at the moment, cause you don't have any other solid option as well. Btw, siacoin will increase definitely, digibyte and stratis may take some more time but yeah maybe they will increase on a long run. So better hold.

[Adil Amim]

Well, there is strategy called Average down! If you had been using the strategy you may not have lost so much. It is not late now. Double the units you have in all these coin. Any 10 % to 20% increase in price will automatically put you in profit! Keep buying the deep and you won't lose a dime at the end of the day!

A Perfect advice for those who are holding Altcoin

[Johnnywelsh]

Well, there is strategy called Average down! If you had been using the strategy you may not have lost so much. It is not late now. Double the units you have in all these coin. Any 10 % to 20% increase in price will automatically put you in profit! Keep buying the deep and you won't lose a dime at the end of the day!

A Perfect advice for those who are holding Altcoin

That's absolutely mental, why on earth would you invest even more in a token that's lost so much? Cut your losses and learn the lesson.

A better strategy is buy in chunks not all your eggs in one basket. Say a coin is worth 10 and you think it may go up to 12. Buy 25% of what you wanted to invest.

Day 2, it's now at 8 ok buy another 25%

Day 3, it's now worth 5 - At this point you can either go the full remaining 50% if you think it's at it's bottom or continue with the 25% investment again.

At end of it say the ending price is 7 by time you've blown all your funds. You got some tokens above that price and some below so you may be slightly up or slightly down.

Of course this also works in reverse, profits will be less as well. But your not going 'all in' at a certain price.