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twicezeroiszero
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May 17, 2018, 10:12:13 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!
This post is old but, i just wanna say to all of the people who does not really know what they are doing is, If you dont wanna lost all your investment then don't buy anything you don't understand. Education is the key and the foundation of success all right buddy. before you join cryptocurrency u have to know that investment is full of risk. you have to understand what you do before buy some alts. The most frightening thing in investment is that you do not know what you are doing to make money from your investment! The first thing you must do before invest in anything is find the answer for this question  |
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Ultra_io
Jr. Member
 Offline
Activity: 114
Merit: 2
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May 17, 2018, 10:18:35 PM |
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Well, there is strategy called Average down! If you had been using the strategy you may not have lost so much. It is not late now. Double the units you have in all these coin. Any 10 % to 20% increase in price will automatically put you in profit! Keep buying the deep and you won't lose a dime at the end of the day!
It's a very dangerous strategy, sometime its better to take your lose. |
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lalatao74
Newbie
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Activity: 35
Merit: 0
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May 18, 2018, 09:39:28 AM |
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I haven't thought anytime in this way.If the invested coins are really worth enough to increase,then this idea would work out and if not,it would lead o total loss of the investment.
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binhvo1505
Member
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Activity: 728
Merit: 11
https://streamies.io/
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May 18, 2018, 09:43:35 AM |
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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 think you made the wrong investment. You should sell them immediately because the prices of these altcoins are still going down again. holding not a smart choice in the market Crypto. I've lost more than $ 6k and I've learned from long-term hold. Let's buy low and sell high in this market, the Crypto market will be a gold mine if you perform well that strategy. |
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oxoxoxox
Member
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Activity: 462
Merit: 10
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May 18, 2018, 09:49:13 AM |
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Digibyte&Stratis&Siacoin honestly I do not know what they are. Are you investing in the ICO phase? Or are you buying them on the exchange? Why didn't you stop early? 80% loss, this loss is very large, I think you are cheated.
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torontoconti
Member
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Activity: 112
Merit: 10
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May 18, 2018, 11:05:44 AM |
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In my opinion hold and take profit until you get 30% profit more. After that review the mistakes that you did, learn about technical and fundamental analysis and also psychology in trading.
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sultanali
Newbie
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Activity: 238
Merit: 0
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May 18, 2018, 08:38:51 PM |
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It's better to wait and hold your coins because the market is in recovery mode now so if you hold for now and the market gets recover to its old place you will recover your loss also so better to hold with the patience and wait for the market to recover
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Seriousbizz
Newbie
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Activity: 155
Merit: 0
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May 18, 2018, 08:54:33 PM |
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This is an investment choice you made out of belief in these coins You aw something in them and believed that they could do well, so much that you chose to invest BTC in them, show some faith in these coins and hold for as long as possible, if you made and independent, informed, and sober decision then there is no need to panic, Hold the coins as long as possible and give them a chance to grow,you just might never know how much they will earn for you
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dieteralex510
Newbie
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Activity: 25
Merit: 0
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May 19, 2018, 02:52:41 PM |
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Good alts will almost always bounce back, I hope this is the case for you as well, but if not I would just take it as a learning experience.
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dz roknroll27
Newbie
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Activity: 378
Merit: 0
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May 19, 2018, 06:33:32 PM |
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i sure altcoins will rise. Until you sold your coins at a reduced price and fixed a loss, you still have the hope that the total price of your investment portfolio may return.
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lalatao72
Newbie
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Activity: 27
Merit: 0
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May 21, 2018, 09:33:10 AM |
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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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MSTuTeJIb
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May 21, 2018, 11:11:20 AM |
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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!
All you can do is get out of the coins in the negative, or just sit and wait for growth. He will definitely come, that's only after some time, is unknown. I'd wait a couple months. |
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insect
Newbie
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Activity: 155
Merit: 0
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May 21, 2018, 05:53:20 PM |
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Im certain that you will recover from it but as to the time nobody knows. investment of course we are already aware of the risks including losers, especially cryptocurrency investment is very fluctuating, Maybe it would be better to just hold it until the market is good again.
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FillJaS
Jr. Member
Offline
Activity: 156
Merit: 2
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May 21, 2018, 06:19:21 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!
Excellent portfolio. What can you do now ?! Get a lesson and spend more time studying projects in which you invest money. All the top coins lost in value but they will grow again. What can not you say about weak coins. |
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LuckyMan21
Newbie
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Activity: 95
Merit: 0
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May 21, 2018, 06:21:17 PM |
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You kept too much of your funds in the altcoins. This is very risky. Perhaps you should wait for the growth of altcoins.
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Borisov
Member
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Activity: 336
Merit: 10
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May 21, 2018, 06:27:57 PM |
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Now the crypto-currency market is beginning to recover gradually, and I am sure that all the fundamental altcoins will restore their positions. Personally I will keep until the last)
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noictib
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May 22, 2018, 04:33:37 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!
In actual you are at the learning stage of trading in the cryptocurrency market because clearly the loss that you are facing is a direct Indication of the mistake that you did , i.e you bought altcoins at high rate , so better for you now only hold and only hold . And here I would like to give you suggestion that right now market is rising , so ebtter for yours that to hold and don't get into panic sell otherwise you will Never get your loss that you already made with such dump from high to low . And keep in your mind that if you are going to buy any altcoin then first see whether it is at up price or down price , if it is at down price then buy otherwise don't take risk to buy at high price . |
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dz roknroll27
Newbie
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Activity: 378
Merit: 0
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May 25, 2018, 08:20:34 AM |
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All the top coins lost in value but they will grow again. am sure that all the fundamental altcoins will restore their positions. Personally I will keep until the last
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nik9990
Full Member
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Activity: 616
Merit: 100
First Islamic Crypto Exchange
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May 25, 2018, 08:25:49 AM |
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I think if the coins are promising, then they need to be kept and for some time they can give a good profit
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idioma1
Newbie
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Activity: 266
Merit: 0
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May 25, 2018, 08:36:01 AM |
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.By staying calm and not making any sudden moves, you'll save yourself from becoming a bear's lunch. Like do not sell all at oncw. just be patient and wait till it will grow. and you can sell a part of them as well. But I think it will bring you profit in the future
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