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Author Topic: I lost 80% of my bitcoins in alts, What can I do now?!  (Read 21855 times)
Agostosmori
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October 14, 2017, 02:47:58 AM
 #61

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!


If you already lost 80% of your BTC value because the exchange I Think the best thing to do is just to hold your alts. Just consider your investment was lost or think that your wallet was hacked.

If you sell those alts you must be a good trader to get the 80% back from trading but if the prices of those alts recovers its like hitting the jackpot.
Lovetrading
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October 14, 2017, 03:22:47 AM
 #62

Hold and hold and hold some more. The best is yet to come, my friend!
shafiqsakri
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October 14, 2017, 04:09:50 AM
 #63

Please just hold my friend...dont become a weak hand...unless you are badly need a money its cant be help...but if not just hold your position...only god knows what happen in the future  Smiley Smiley Smiley
TUs77777
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October 14, 2017, 04:13:43 AM
 #64

you need to keep half of their funds in bitcoin, that would buy alcony at the bottom
bitdos
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October 14, 2017, 04:23:26 AM
 #65

Hold half, reinvest the other half (so sell)'....
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!
Makak4R
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October 14, 2017, 04:26:34 AM
 #66

well, when I was only entering crypto - I was in your shoes as well, bought some alts, on some a made x2 profit, while other I made x3 loss  Tongue
but I noticed one thing - once you have decided to sell alt which you think there is no point on holding as it never reach high levels again... all of a sudden you notice in a week or two - that the same coin you dump - just pumps x2!! weird!

so as of now I do not sell i'm holding and buying
for example - CHC - I bought like a 100 coins about 40000 -- and they became 9000/ that was a very big loss.. but I waited. once it became 5000-4500 and seems stable in that numbers I bought around 2000 coins@4200 - and my totals cost became 5900.  waited a pump and sold everything @6500-7200
so instead of loosing  x10 - i gained about 15% of profit.

yeap, that is a good and working tactics
criptobear
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October 14, 2017, 04:30:25 AM
 #67

Sorry for your loss but this is crypto life where manipulation is at the greatest and the worst ever, you are one of the victims of the market, many devs are scammers in this world just moving price by posting on social, if you do not need the money consider it lost but if you have more money to invest definitely buy when is the bleeding season, now until the forks happen it is sure that BTC will be the king breaking ATHs every week so be careful and invest only in strong coins.
Anita1873
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October 14, 2017, 04:40:39 AM
Last edit: October 14, 2017, 05:13:54 AM by Anita1873
 #68

Whole crypto currency market is volatile in october and only BTC is growing due to a news behind him of Bitcoin gold. Those who have BTC will get free Bitcoin gold on 25th of october 2017. For this reason, BTC is going to moon and all altcoins dropping. After this happening, BTC will drop like last time, when BTC holders get BCH free and after then BTC dropped to 2800$ from approx 4500$ and all altcoins goes up.

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indrakusumaindra
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October 14, 2017, 05:03:29 AM
 #69

take a break man. sometimes invest doesnt mean you will gain profit as you wish. take a breank and back again when you ready to invest. though every invest is a risk.

Dragonrage201
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October 14, 2017, 05:08:43 AM
 #70

With alts, it is hard to know which ones will outperform bitcoin and for what period.
Holding a core position in bitcoin without trading in and out is a must. Put any new funds
in bitcoin only for near future while waiting for the alts to recover.
rajakoin1994
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October 14, 2017, 05:10:01 AM
 #71

I think the best solution for now is hold.
Because you already have too much loss.
If you decide to sell it now, I don't think it's worth it either.
For now, more news that supports bitcoin and altcoin, hopefully with this good news, will have an impact on the coins you have.
michellee
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October 14, 2017, 06:02:30 AM
 #72

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!


If you already lost 80% of your BTC value because the exchange I Think the best thing to do is just to hold your alts. Just consider your investment was lost or think that your wallet was hacked.

If you sell those alts you must be a good trader to get the 80% back from trading but if the prices of those alts recovers its like hitting the jackpot.

like many people advice and holding our altcoin is the best we can do. its not good to sell right now especially if we buy at high price and only makes sell in loss. but if you decide to sell because you don't want to loss more than 80%, you need to thinking about the risk for selling the coins and don't regret if somehow you sell at now. once the altcoin recover for the price, you can get your money back plus you can make profit and you only need to waiting.

PPleaseman
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October 14, 2017, 06:07:13 AM
 #73

If you dont sell you didnt make a loss. Just hold on to your alts, if you believe in the project you can buy more to lower your Dollar Cost Average. I believe the alts will rise very soon.

Cheers
Champ1
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October 14, 2017, 02:26:40 PM
 #74

You do not lose any money until you sell. Alt coins will recover. all those BTC gains will go back into the alt market.

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October 14, 2017, 02:31:07 PM
 #75

Altcoin is try to adjust bitcoin value ,it's logical things so if you're in profit, you should sell it since my expert trader said that on 15 November bitcoin value will start decrease and guess what .. altcoin will increase a bit

Watch your altcoin profit very carefully !
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October 14, 2017, 02:35:14 PM
 #76

If you are down that much, you should hold unless that money absolutely makes a big difference for you. Just consider it all lost for now. There's always a chance of something getting pumped and repaying all your losses in the future. If you liquidate that 20% you lose even that chance.
Golftech
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October 14, 2017, 02:36:48 PM
 #77

those timing that you enter your trade are the high rise of those coins that you bought but for sure if you will just hold and wait for updates coming
from the devs will bring back your investment and possible to gain good earnings just hold or if you have some skills you can sell and buy more when
dip is showing, just keep yourself well arrange so you can think better.
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October 14, 2017, 02:41:29 PM
 #78

Do heavy research on those coins if at that point you still believe in them then average down if you no longer believe in them then it could be a good option to sell.
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October 14, 2017, 02:42:08 PM
 #79

I will never sell it. Just keep trying to get into new airdrops and ico sales
ayesha201009
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October 14, 2017, 02:42:34 PM
 #80

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!

Now that technically you achieved the lost don't sell your coins, but at least wait and try to earn again some btc.
Never invest to much, but just that you can afford to lose !
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