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Author Topic: I lost 80% of my bitcoins in alts, What can I do now?!  (Read 21857 times)
Gloria_16
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December 05, 2017, 08:12:15 AM
 #561

I think they should be kept and hope for growth, to sell coins with such a loss is simply terrible.
Calangaman
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December 06, 2017, 09:19:18 AM
 #562

The best alt for a punt may be MONA coin
Marketing on MONA is really getting stronger in Japan, https://youtu.be/DDkGGf5n9Uo

Tradeable vs BTC on Bittrex and vs JPY on Japanese exchanges

I hope you could get some MONA. Went up 5 fold since this post.
magiccarpett
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December 06, 2017, 09:24:10 AM
 #563

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!

why did u invest in such coins. i don't know about digibyte (could be a reason not to invest)

if you do some research about siacoin u would know that siacoin itself doesn't want to be "expensive". otherwise no one would be use their service.

Stratis is ok. hold it.

just participate in bounties. let time fly and u will get some of your money back.
but hold sia and stratis.
zeronumber2
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December 08, 2017, 02:12:39 AM
 #564

 Do not let you get a great loss on altcoins. my advice you should invest on bitcoin. Take a risk again to make it grow.opinion for you sir you must sell your coins..
Ali Akbar Torang
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December 08, 2017, 03:06:28 AM
 #565

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!

same position, i decide to hold for several weeks at least, and see the progress, i hope btc will back to it nature growth, this bubble gonna blast, and alt will rise.

fearcoka
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December 10, 2017, 10:59:04 PM
 #566

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.
I don't think so. I'm a trader, so sometimes, I need to accept my loss. This is the requirement to help me become a professional trader and receive more experiences. It proves I'm not a person don't accept my mistake to help me grow up.

Just Nao Tomori and Bitcoin ( ͡° ͜ʖ ͡°)
kemet jr
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December 10, 2017, 11:13:21 PM
 #567

I have learned the same lesson as well. I have sold losing altcoins and that definitely was a big bite on my investment. Now for any  promising altcoin I invested in and at the moment they are losing, I just leave them as they are. One of them after sometime have multiplied more than ten times. And take note, invest here only those funds that you can afford to lose.

bosses
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December 10, 2017, 11:18:31 PM
 #568

Do not let you get a great loss on altcoins. my advice you should invest on bitcoin. Take a risk again to make it grow.opinion for you sir you must sell your coins..

Absolutely disagree with you. Bitcoin now at a very high level and I would advise you to wait so much for such a big price because you can lose money.

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coinholic
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December 10, 2017, 11:23:43 PM
 #569

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 think these alts are hopeless, then sell and get back whatever you can and invest into alts that you think could give you back what you lost. But be more vigilant in choosing this time so as not to repeat what happened. Trading is a game of risks. It can be great for some, but it can be disastrous for most.

Mr.Anonymous
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December 10, 2017, 11:28:00 PM
 #570

I have learned the same lesson as well. I have sold losing altcoins and that definitely was a big bite on my investment. Now for any  promising altcoin I invested in and at the moment they are losing, I just leave them as they are. One of them after sometime have multiplied more than ten times. And take note, invest here only those funds that you can afford to lose.

Most of the traders have invested into Altcoins from June until today all took big loss by the big bearish trending of altcoin and the growth of Bitcoin. Although in the USD rates we do not lose anything, but in Bitcoin rates, we lost many money.
Paycoinzzz
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December 17, 2017, 10:10:54 PM
 #571

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 think these alts are hopeless, then sell and get back whatever you can and invest into alts that you think could give you back what you lost. But be more vigilant in choosing this time so as not to repeat what happened. Trading is a game of risks. It can be great for some, but it can be disastrous for most.
No, you will be the winner and earn a lot of profits from trading as long as you can know your moves, decision and own all your idea.
Remember, do not let anyone make you decide to buy/sell or trading/cashout ...
Own your idea, prepare strategies carefully, you can get profit.
Booair
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December 17, 2017, 10:43:12 PM
 #572

I think wait i the good thing to do, price of alt will go up in the following month i think.
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December 18, 2017, 09:45:36 AM
 #573

It is common that the prices go down and I think that is a good opportunity to buy some more.
When the coins are going to move up you are going to gain more.
As it was mentioned here before, trading needs strong nerves, and day trading is not for anyone (not for me).
The best is to hold and have patience.
Prices will eventually move up.
Andre#
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December 21, 2017, 09:53:37 PM
 #574

I think wait i the good thing to do, price of alt will go up in the following month i think.
In the time you had wrote this post, the price of altcoin have recovered.
Especially in this week, just more than 4 days, a lot of altcoin have increased 100-300% in the value.
It is really unbelieveable Cool
veraoktav127
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December 22, 2017, 03:49:16 PM
 #575

maybe your strategy is not quite right you should spend all alt-coin and buy bitcoin

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Golftech
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December 22, 2017, 03:58:45 PM
 #576

I think you just needed to take some rest and forget your trading activity for a while, release those stress which giving you a hard time,
spend more time with your family or have a day off and go out have some fun, though it's hard doing that because we are talking about
money but sometimes we also needed to relax so we can think much wiser.
cryptocurious18
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December 22, 2017, 03:59:19 PM
 #577

I would suggest you to hold your coins because this coins have potential of reaching back of their price.  wait for the launch of their projects and it will take long time but wait i had same situation happened
Kahoy01
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December 22, 2017, 04:00:10 PM
 #578

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 lose 80% of your money in trading altcoins, I think you must research more to what altcoins that are really profitable. Maybe the reason why you lose your money is because the altcoins that you are trading is shitcoin.

sentinel73
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December 22, 2017, 04:10:30 PM
 #579

Fluctuations in the market is normal. Unfortunately, selling in panic loses most people.
Stay calm and wait. It will definitely recover.

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December 22, 2017, 06:28:59 PM
 #580

If you trust your coins, you can still hold them. Because your portfolio has both good coins, so i think you can hold and wait them recover.

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