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Author Topic: I lost 80% of my bitcoins in alts, What can I do now?!  (Read 21882 times)
Kamelia
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January 30, 2018, 08:26:02 PM
 #701

We are all in the same position, but many people prefer to sell at lost and buy new coins, so it is still falling more and more... i have lost 50% already, and anytime it goes up 20% i know i should sell and buy back when it goes to the lowest because alts do this : pump and dump all the time...
BlackBoxRecords
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January 30, 2018, 08:44:15 PM
 #702

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!

How did you manage to do that? Most of the altcoins have gone up in value, so you must be a real master of the loss! Given the situation the only advice I can give you is... Don´t trade.

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zdrmay
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January 30, 2018, 08:46:17 PM
 #703

The best thing to do now is wait. Just wait, wait this time. The fall of all crypto currency. What you need to do is wait and watch the market . It will raise again and when its at its peak you sell to make profit ,regain your capital or cut your losses. Calm down, everything will be fine. Good luck!
jazzzbe
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January 30, 2018, 08:50:46 PM
 #704

Wait, wait and one more wait. You are not alone). Just Hold your alts. Many experts say february will be good month for the market.

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Mrs Troll
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January 30, 2018, 08:56:29 PM
 #705

I lost same value of bitcoin in my alts this summer and then sold out most my alts this winter with buy price or even profit. Yes I know I could get more returns if I had cash all that time for new trades and ICOs, but who now would it be success or not?
Livewildeatwild
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January 30, 2018, 09:09:52 PM
 #706

Do you think the coins you hold will increase eventually, or do you think you could make a higher return selling on a loss, and recooping that loss in another coin? If you're confident in another alt coin, that may be a safe route to take.
hangar18
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February 04, 2018, 05:25:18 PM
 #707

alt prices have increased this month. how does your porfolio end result? does your alt price still survive in negative price or can you recover your 80% loss yesterday? I hope from the rise of eth in this month, you already get back your capital and profit.

I also want to know what happen to OP. Siacoin has recover back and increase more in value but if he bought Digibyte at 2k sats then I think he needs more time for it to get that price. But again, you never lose if you don't sell.
"You never lose if you do not sell, but you will lose forever if the value of this coin is zero someday" is right? Cheesy First of all, you need to know when is right time to take your profit and take loss. Because you are not the GOD, you can not know exact the time this coin can pump its value, so accept your loss and buy it at lower price or find other chance are better than hold that coin at loss in long time.
parliament96
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February 04, 2018, 05:37:10 PM
 #708

just hodl.time is also cure in this world. after this little crysis i lost real huge numbers yet i have no worries.just waiting to rise again
E-shipper
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February 04, 2018, 05:38:24 PM
 #709

Since june corrections I've lost really a lot. So... I just hold for long term cause crypto market is too young and there is a lot of space to grow.

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OracionSeis
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February 11, 2018, 11:50:01 AM
 #710

Since june corrections I've lost really a lot. So... I just hold for long term cause crypto market is too young and there is a lot of space to grow.
You have to understand why you lost a lot of money in a bloodbath in June 2017. Why do you still hope that HODL can help you become rich one day? HODL is an art, it depends on the starting point for you to HODL. It's the most important factor for success of holder.

Time off to sleep ... ( ̄︶ ̄)~
snowbubble
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February 11, 2018, 11:56:13 AM
 #711

In trading you always can lose and gain its market, thats why its great to have bankroll management and not buy allin into 1-2 coins, just divide your wallet into 50-100 parts and invest wisely.
smyslov
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February 11, 2018, 12:00:23 PM
 #712

i believe we're all in a similar position

i'm holding until i recover at least my initial investment
been using holding as main strategy for gains, but man this is brutal, one minute a coin is 50% up and the next...currently 60% down at stratis

All holders suffer similar fate one way or another, this is how trading in cryptocurrency goes, you never when will the coin drops it's value and when it will pick again, it's better to only pick the right coin with a history of getting or bouncing back or else you will lose half of your investment.
|Admiral|
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February 11, 2018, 12:26:01 PM
 #713

Wait, wait and one more wait. You are not alone). Just Hold your alts. Many experts say february will be good month for the market.
We are sailing in the month of february now, haven't seen any improvement yet but still i believe we re in the same phase as of 2016..will expect the rise in Q2.
shams
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February 11, 2018, 12:30:20 PM
 #714

I will recommend is to hold this time because most of the coins are recovering from the bloodbath of July and more than 50% already recovered so its better to wait for some more time and I am sure you will recover all because all of these are very good coins and have a good future and I am sure they will recover soon so you have wait so much so I will tell you to wait a bit more and you will see them in profit soon.
raymart0720
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February 11, 2018, 01:40:05 PM
 #715

HOLD if you buy those coins from june july of 2017 surely it is still undervalued and I think now
you have a profit but. if you say so. it is better to hold it until December 2018 surely it will payback trust me
your coins is valuable after all if you can just add more and it will pay you in December just don't forget to sell it or else you may loose again
Hoganye
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February 18, 2018, 11:47:34 AM
 #716

I will recommend is to hold this time because most of the coins are recovering from the bloodbath of July and more than 50% already recovered so its better to wait for some more time and I am sure you will recover all because all of these are very good coins and have a good future and I am sure they will recover soon so you have wait so much so I will tell you to wait a bit more and you will see them in profit soon.
Are you the newbie on the cryptocurrency market? Do you know some altcoin never increase to old high price? The price of CLAM was higher than 0.01 BTC/CLAM, but look at the current price, it below that high price so much.
Cryptonimous
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February 18, 2018, 11:51:03 AM
 #717

i lost almost all my money on dump coin, it broke my heart all the time, but now i try to start again, everyday i join the bounty and find airdrop for make my balance back Smiley it hard but i will try my best Smiley

usechain
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February 18, 2018, 11:54:34 AM
 #718

There is always a mistake in our investment. But since it is too late to regret it, my advice is to sell them to avoid greater losses and it is time to buy a lesson.
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February 18, 2018, 11:56:55 AM
 #719

I think not only the author was losing most of his money, you are not going to hear the exact advice here, but I would recommend selling and using money in other directions
ETHtotheMOON1
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February 18, 2018, 11:58:47 AM
 #720

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!

do not give up, If you still trust in projects you have invested in, don't panic sell but hodl. If you feel like the teams are not able to deliver, reinvest the funds. It's normal to be down on your investments, doesn't mean you won't have good profit in near future

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