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Author Topic: I lost 80% of my bitcoins in alts, What can I do now?!  (Read 21865 times)
JunoCoin
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October 14, 2017, 02:55:43 PM
 #81

Rule number one when investing is not to keep something that goes down.

drwhobox
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October 14, 2017, 03:04:54 PM
 #82

If i were on your point. I would not even sell my coins if i had a 40% or gigher loss. I would rather hold the coin for another inflation (exept for shitcoin that just do is pump and dump) learn from your mistakes mate.
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October 14, 2017, 03:09:29 PM
 #83

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

I agree. OP, in your case the least you can do is trust your coins and have the patience for holding these until it pumps and yeah selling your alts will just makes you lose more money. And next time when you're planning again to buy alts just do a research and seek advice to those who are well experience. Don't take the risk that you can't bare.

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October 14, 2017, 03:35:53 PM
 #84

Not much unless you want to bite the bullet and sell at a big loss
KourtneyK
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October 14, 2017, 03:38:56 PM
 #85

Same here, all of my altcoins are swimming in the red sea. But I just might have to hold my altcoins and leave it there until bitcoins price becomes stable once the fork is done. I'm still holding on to my chances of gaining back the losses.
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October 14, 2017, 03:43:28 PM
 #86

Digi and Sia has no future. i would sell if there is a pump. you can hodl stratis.
SL125
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October 14, 2017, 03:45:46 PM
 #87

Hold all the coins you believe in. Once the Bitcoin fork settles, the good alts will come back.
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October 14, 2017, 03:48:26 PM
 #88

Alts will rise after the Fork, rise better after December. Only put in what you are willing to lose.
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October 14, 2017, 04:06:38 PM
 #89

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've got yourself in a very unfortunate position that's true but since you are down almost 80% you've got little more to lose. Since you're still holding you haven't really lost anything yet so I  think it's better for you to HODL. There's really no point in selling. Maybe in a year something big will happen with Sia or DGB that will help those coins out of their spiral to the downside. You never know what will happen in the future so there's still some hope left for you.
Jeanrogerrabite
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October 14, 2017, 04:10:39 PM
 #90

Alts are going up now  Cool

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October 14, 2017, 04:14:53 PM
 #91

Hold till the price recovers and sell as soon as it does. You'be already lost most of it so it's not a big struggle. What's more this is sure to recover in December (my best guess) and you'll get out even more or less. But once the price reaches your investment level or near so- sell don't overhold it for too long it might get worse... Sorry to hear that - so much crap going round- seems incredible to me. At the same time most projects are by far overvalued at the time of an ICO and the price decreases dramatically after the crowdsale- so you have to be paitient and wait for another couple of months for it to recover and reach it's original value- but after that it might decrease again, so be cautious

abcd7
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October 14, 2017, 04:39:02 PM
 #92

dont panic we are in the same possition Smiley hold them...recently i sell all stratis and bought again to sia still believe in SC , is promising and i think 2018 will be a grade year for SIA COIN.
Ch1bi
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October 14, 2017, 04:42:24 PM
 #93

I would recommend you do more research before investing in coins. Research the team, the project, and the past history of the price to make a more informed decision. Another quote that's mentioned a lot around here is not to invest more than you're willing to lose. It's good to have some Bitcoin set aside, and a fund that's used for trading.

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October 14, 2017, 04:45:45 PM
 #94

If you are not in need of that money now and you believe the coin has a good future, unplug your computer. Before you do that put your coin in safe vault and forget it for at least a year!

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October 14, 2017, 04:51:33 PM
 #95

If you believe in the coins, there is no point to sell them now since BTC is pumping and most altcoins are in the red. You only lose if you sell, hold on to the coins and wait for recovery.
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October 14, 2017, 05:03:24 PM
 #96

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!
80% is a big amount, too late to cut loss and buy more in cheap price. it is better for you to hold and hope for miracle don't try to catch your loss with other coins because your mentally still not good after that loss

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October 14, 2017, 05:07:25 PM
 #97

This is difficult. I know how that feels (even tho my investments weren't as big as yours). I would hold. This fork is taking a toll on everything and everyone

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October 14, 2017, 05:43:48 PM
 #98

I also learned the hard way to work with stop losses. But now that you're at this stage, remember Warren Buffet's quote: "The stock market is a device for transferring money from the impatient to the patient."
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October 14, 2017, 05:49:45 PM
 #99

I guess you should do a lot of researches at this point and follow your guts..
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October 14, 2017, 05:52:37 PM
 #100

I think we have all lost a decent amount when trading alts, took me a while to learn my lesson and take out my initial investment when they started to rise. 

If you think thwy will rise again you could just hold, it is terrible when you sell at a loss only to see the coins rise afterwards.
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