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Author Topic: I lost 80% of my bitcoins in alts, What can I do now?!  (Read 21854 times)
Mr_McKska
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November 16, 2017, 10:04:21 AM
 #401

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 all you can do now is HODL. The coins you bought are not so bad, but you made high price purchase unfortunatelly. So, you should wait for their price recovery. Anyway "buy and hodl" strategy is one of the best in crypto. Wink
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November 16, 2017, 10:27:58 AM
 #402

try to trade your altcoins relative to the cue BTC, with a competent approach you can return the outgoing amount BTC

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November 16, 2017, 11:30:09 AM
 #403

If I can remember correctly it started June this year when the alt market started to get bloody. I also lost some many of my positions because I didn't set a stop loss. A lesson learned. Digibyte, Stratis and Siacoin are fundamentally good coins so they should be recovering slowly until next year.

 
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November 16, 2017, 11:35:07 AM
 #404

If I can remember correctly it started June this year when the alt market started to get bloody. I also lost some many of my positions because I didn't set a stop loss. A lesson learned. Digibyte, Stratis and Siacoin are fundamentally good coins so they should be recovering slowly until next year.
Early this year was a crazy bull market for alt. Now it's time to correction, they lost a lot of their market cap since this summer. The better thing to do was to sell and wait the BTC rally's end.

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November 16, 2017, 11:53:21 AM
 #405

Hodl, been it that situation before, longtime holder with Maid onetime, it's not fun when you are waiting, but most recover one time.  Ofcourse keep an eye out if the Alt doesn't bleed to death. 
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November 16, 2017, 11:53:31 AM
 #406

If I can remember correctly it started June this year when the alt market started to get bloody. I also lost some many of my positions because I didn't set a stop loss. A lesson learned. Digibyte, Stratis and Siacoin are fundamentally good coins so they should be recovering slowly until next year.
Early this year was a crazy bull market for alt. Now it's time to correction, they lost a lot of their market cap since this summer. The better thing to do was to sell and wait the BTC rally's end.

wait the BTC rally's end its ok, but why he must sell his coin? I think he must wait and hold coin. I have the same situation. I lost 50% in BTC, but on Usdt at this moment i have same money as in the begining of my traiding.
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November 16, 2017, 12:10:06 PM
 #407

I suggest or hold a long time you buy part altcoins, virtual currency market is good, it is still likely to go back up. Withdraw some money to upgrade your life and use virtual currency as a long-term investment.
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November 16, 2017, 12:47:01 PM
 #408

I think in your situation it is best to keep your altcoins and hope for their growth.

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November 16, 2017, 01:32:57 PM
 #409

that's about four months ago, which isn't much, your picks are quite descent so you might have to wait a while more for the tokens to appreciate. Everyone is expecting returns of 200 and 300%, be happy if you'll get 20% which is much more than you would earn if you invested in a traditional market. The second point is that you invested in about three to four tokens, it will take quite more than that for you to get a descent return, four tokens are nearly not enough to call your portfolio diversified and there is still a lot of risk losing money as you're not invested in BTC and ETH, which both usually act as a hedge against altcoins. In general have some patience and if you ain't got it then you shouldn't be in the blockchain sector to start with.
GreenRivers
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November 16, 2017, 04:26:27 PM
 #410

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!

Weren't all these coins called by suppoman in the summer?

Don't listen to that buffoon, he's an idiot.
I'm becoming more and more suspicious of most of these Alt shillers.
Lost quite a bit of money trying to trade alts over the summer. Now I'm just doing buy and hold. Mainly BTC, with a bit of alts on the side.

Check out CombiCoin (by Triaconta), it's kind of a fund of different alt-coins. Has outperformed (30% gains in one month) most coins, with less volatility.

Find the right shiller (which seems like you have) and don't ever listen to suppoman. He is good for beginners who want to get into cryptos but once you get more experienced you realize he truly is dumb. Even in his videos, he always claims to buy at the very bottom and sell at the very top, EVERY SINGLE TIME. It's so annoying. Majority of the coins he is shilling aren't doing well.. and he shills 10-20 different coins every single week.

I hate that man with a passion, and don't get my started on his voice.
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November 16, 2017, 04:56:34 PM
 #411

Yeah suppoman is really annoying. Most of his coins have suffered huge losses.

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November 16, 2017, 05:01:30 PM
 #412

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!
Terrible choices. What is special about coins like digibyte and sia? I would not be holding any of these coins, even after such losses. But you have to decide what is best for yourself

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November 16, 2017, 05:19:25 PM
 #413

If you already looses almost 80% then let that loses upbuild you and also there is no sense if you sell your altcoins in a very low price instead take your time because if you believe that you holding now is good coin then it might make you rich.
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November 18, 2017, 12:10:31 PM
 #414

If I can remember correctly it started June this year when the alt market started to get bloody. I also lost some many of my positions because I didn't set a stop loss. A lesson learned. Digibyte, Stratis and Siacoin are fundamentally good coins so they should be recovering slowly until next year.
Early this year was a crazy bull market for alt. Now it's time to correction, they lost a lot of their market cap since this summer. The better thing to do was to sell and wait the BTC rally's end.

wait the BTC rally's end its ok, but why he must sell his coin? I think he must wait and hold coin. I have the same situation. I lost 50% in BTC, but on Usdt at this moment i have same money as in the begining of my traiding.

Don't sell or else you'll lose more than what you've already lose.
Just hold your coins and relax, the more you sell the more you can't cut your loses.
2018 will be the year of alts so stay tune.

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November 18, 2017, 12:42:05 PM
 #415

You must hold until the year ends,alts will rise from the dead on the first quarter of 2018 so dont worry you BTC will comeback.

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November 18, 2017, 12:43:03 PM
 #416

If I can remember correctly it started June this year when the alt market started to get bloody. I also lost some many of my positions because I didn't set a stop loss. A lesson learned. Digibyte, Stratis and Siacoin are fundamentally good coins so they should be recovering slowly until next year.
Early this year was a crazy bull market for alt. Now it's time to correction, they lost a lot of their market cap since this summer. The better thing to do was to sell and wait the BTC rally's end.

wait the BTC rally's end its ok, but why he must sell his coin? I think he must wait and hold coin. I have the same situation. I lost 50% in BTC, but on Usdt at this moment i have same money as in the begining of my traiding.

Don't sell or else you'll lose more than what you've already lose.
Just hold your coins and relax, the more you sell the more you can't cut your loses.
2018 will be the year of alts so stay tune.

This is the only resolution for this huge loss problem. Once he sells, he'll lose more in potential. Because the market is surely will grow next years and the prices of those low altcoins will go up as well.
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November 18, 2017, 01:00:47 PM
 #417

My opinion we should wait for it if we sell our bitcoin we don't loose our bitcoin. it's recover at a time.I don't want to be one of them.
We will not have panic for start buying bitcoin.
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November 18, 2017, 01:05:15 PM
 #418

I would hold, just need the ICO's to deliver what they promised when they took the $$

For example look at NEO today it has jumped as it has just had a DApps contest (nothing released yet as it was on Friday), 2 ICO's launch using NEO and beginning promoting NEO outside of Asia NYC and Cambridge on the places to visit.

Some of the other ICO's seem to think its holiday time when they take the $$ when I can honestly say NEO have delivered on a constant basis and a good example of what ICO's SHOULD be doing.

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November 18, 2017, 01:32:27 PM
 #419

you guys are all rekt, deal with it let it go and start trading again instead of watching at your decreasing balances

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November 18, 2017, 01:43:41 PM
 #420

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 I am in your position, I will hold on for longer. Do not let you get a great loss on altcoins. my advice you should invest on bitcoin.
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