c4s7or
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December 01, 2017, 11:01:12 AM |
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Just hodl the bad times for altcoins are nearly over.
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otundebis
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December 01, 2017, 11:03:56 AM |
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Hold for your dear life. If you pull the trigger and you sell at loss, then you are indeed at loss butifyou hold your altcoin, provided that your altcoinare solid altcoin like Ethereum etc, then you will bw happy you held when altcoin price rally in the future!
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swieps
Newbie
Offline
Activity: 98
Merit: 0
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December 04, 2017, 12:21:28 PM |
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Just hold them and wait,soon you will recover you're money.
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xiaohang07
Sr. Member
Offline
Activity: 392
Merit: 253
Open and Transparent Science Powered By Blockchain
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December 04, 2017, 12:23:25 PM |
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Stop loss is useful in some cases. If you really believe the fundamentals of the projects you have invested, you should probably hold rather than do the stop loss.
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rallyko
Member
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Activity: 210
Merit: 12
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December 04, 2017, 03:22:18 PM |
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My friend, I was in the same situation. But I believe that the altcoyins will still grow in value. Maybe not to their previous price highs....but i believe!
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daunjuan
Newbie
Offline
Activity: 77
Merit: 0
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December 04, 2017, 03:26:14 PM |
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I think most of us had learned important lessons in crypto. Investing here for a few months and you experience the swings and profit / losses of trading stocks for years. Learning when to cut losses for better investments is a b#*#@ to learn. Good luck and enjoy the ride, I know I am
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CryptoScorpio
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December 04, 2017, 03:38:16 PM |
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Hey don't worry. Stratis is still sleeping. When the update comes about smart contracts it will roar hevy. So hold.
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alfstep
Full Member
Offline
Activity: 308
Merit: 128
Here I come! Again!
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December 04, 2017, 03:38:29 PM |
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It is surely painful to see the king rises, all citizen has to bow down (read: dump) LOL But as long as you believe the project and the dev team, it will always be advisable to hold Cut loss is killer for most beginner unlike stocks, at least if you dont have enough knowledge and skill in doing day trading
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puremage111
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December 04, 2017, 03:40:45 PM |
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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!
Take it easy and if you believe on the project, just HODL. The recent massive rally of Bitcoin causes majority of the Old coins that exist long time ago drop in their price based off satoshi. However, there's no need of worry because the price in terms of fiat might increase time by time
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vaughn125
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December 04, 2017, 03:59:12 PM |
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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 gotta say, a lot of people really are having the same predicament at the moment. Since altcoin go up so damn fast ad drops as much in just minutes. my advice is to just let it be and hold on to it. Since you have already lost it. Start over fresh and 10x more careful this time And maybe if you're lucky, the price of your alts may increase someday. Don't let this drops make you sell all your possessions without even searching enough about it.
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shiningstar
Full Member
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Activity: 420
Merit: 100
Qravity is a decentralized content production
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December 04, 2017, 04:03:39 PM |
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I also have some alts that lose its value against bitcoin while it's dollar value increased from the time i bought it, but i will keep holding kt because the loss isn't much and i believe they will perform better later. Sometimes it's better to sell and buy back later while bitcoin is moving up and i also do that.
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AleSergio
Sr. Member
Offline
Activity: 378
Merit: 250
BuyAnyLight - Blockchain LED Marketplace
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December 04, 2017, 04:05:21 PM |
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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!
It is really painfull thing happened to you. I hope that you have HODLD all your coins and gained huge profit at the moment =)
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Pradeep wijewardana
Newbie
Offline
Activity: 98
Merit: 0
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December 04, 2017, 04:11:52 PM |
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Hold. New cycle started.
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Mahanton
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December 04, 2017, 04:18:02 PM |
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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!
It is really painfull thing happened to you. I hope that you have HODLD all your coins and gained huge profit at the moment =) You cant still be sure if you would able to make money on those alts that you do hold that eventually decrease their price but well holding them and not selling them on lose is the most wise thing to do rather than on panicking seeing your portfolio is on reds. 80% is already severe and for those people who dont have much experience would normally freak out and dont know on what they wanna do on this kind of situation.
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R |
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ekolet
Member
Offline
Activity: 112
Merit: 10
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December 04, 2017, 04:36:43 PM |
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You do realize how much you lost is completely irrelevant to you exit strategy right? You exit if you don't think your investment is going back up. If you don't have a very good reason to think that it will go up just sell now. And no, just because it was higher once does not mean it will be high again.
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TonyFat
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December 04, 2017, 04:38:48 PM |
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wait for the growth of the crypt and the fall of bitcoin
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bayudndy
Full Member
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Activity: 824
Merit: 104
PredX - AI-Powered Prediction Market
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December 04, 2017, 04:56:48 PM |
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i think u should hold it, alt will come back to shame price or more than
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parassinghal
Full Member
Offline
Activity: 210
Merit: 100
A BLOCKCHAIN SOLUTION TO DISRUPT TRADE FINANCE
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December 04, 2017, 05:28:58 PM |
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I think in this type of situation you shouldn't sell them with this much of loss. You should wait untill they will give you your money back. Good altcoins having good projects will definitely increase sometime.
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sunsilk
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December 04, 2017, 05:47:43 PM |
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i think u should hold it, alt will come back to shame price or more than
No other choice but to keep on holding it. He will gain nothing for being a panic seller and with that loss of 80%, you can do something about it if you'll just decide to on your own. The best way of making good profit with it is wait for the storm and cloudy day for your portfolio.
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Denamen
Sr. Member
Offline
Activity: 499
Merit: 250
Chainjoes.com
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December 05, 2017, 02:20:48 AM |
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Poor you, normally, I will cut loss when the price falls down about 30% to 40%, but if you have lost 80%, I think the best way is to continue hold and pray!
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