I lost 80% of my bitcoins in alts, What can I do now?!

[nasipadang]

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 do many users make this mistake, before placing your investment make sure you have a strategy or at least a small analysis and your goal, many new users lose so much money by buying cryptocurrency randomly. Should you hold the coin first, then see the volume in market, try if buy order more then better resist and if volume order not increase try to wait few weeks, if this continue then better to sell it and start from the beginning again, of course with strategy and analysis.

[Bernardo lewanusa]

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 do many users make this mistake, before placing your investment make sure you have a strategy or at least a small analysis and your goal, many new users lose so much money by buying cryptocurrency randomly. Should you hold the coin first, then see the volume in market, try if buy order more then better resist and if volume order not increase try to wait few weeks, if this continue then better to sell it and start from the beginning again, of course with strategy and analysis.

yeah I also experienced it,
but I am not sad and remain confident that my money will return 2x in next year or future

[kipozer]

Unfortunately, there is nothing to be done, you are not the only one, there are a lot of such people, and I, too, are among them. Therefore, we have no choice but to simply go into the hold and wait for improvement in the market.

[milada]

You can,under the circumstance,only to hold your crypto and wait the right time for to sell something when the market will be up again.Try to be patient.This market is so volatile and unpredictable.

[conected]

hold if you believe the altcoin you bought has a good future. and you should not do cut loss because I think you will get a pretty high loss. and finally make this a lesson for you to do better in the future

- First, we do not know what will happen next, so we should not encourage them to hold or cut losses, it just makes them have blind faith and a regret in the future, we should tell them more clearly that this is a situation in which they are forced to bet and sacrifice. It means that if they think and analyze the altcoin can return, hold and wait is certain but the worst case is their account will be very low when things are not as expected, conversely, if they feel things are very bad, they can retreat and secure their remaining money but they may regret when altcoin can recover, in short, that is called the bet and sacrifice

[Hitaku mi]

The thing here is to be active while holding your tokens. You can exchange them witch BTC, ETH and each other. This protects you from huge loss. You can also open positions on margin trade while the market is undergoing price dumps.
   

[Drunken Lullabies]

I know of course events like make you very hard hit. Now you try to calm your mind first. After you calm, and more stable. Then rose up, do things that can bring many advantages of crypto. That way it will treat pain your heart.

[sirengutou]

This is a sad news. I think you must insist on investing. The cryptocurrency has a future. You need to strengthen your will, so that you can earn more money.

[icegeekfresh]

I had bought nebl, wan or bcpt and all of them is %60-70 lost, everybody losing money like us. And I think we must just wait for good market, we will get our money back at bull run be relax.

[leviafan]

With such heavy losses say that, it won't sell. The more likely it is that the coins will return its turnover.It is better to keep the balance.

[Doppl3r]

With such heavy losses say that, it won't sell. The more likely it is that the coins will return its turnover.It is better to keep the balance.

Likewise. If the funds allow, in addition to retention can also buy more altcoins that have reached their bottom.

[4ernuy]

Do not sell these coins, they will definitely grow in value in a few months. The market is manipulated, but it can not go on forever.

[sfidler31356]

It will keep going down, its not going to recover, its basically offering a 'service' like dropbox, but costs money. The devs don't even want the value to increase.

[Katekuz]

Nothing, everyone lost, you just have to wait until the course is restored, selling now is not exactly an option

[usamamalik555]

In case, you are in such a situation just accept it as the experience. You should have a strategy before investment, that’s obvious and you before investment DYOR so you would be sure the project you invest is not a bubble.

[MikeyVeez]

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!

There are 2 options.
1. Sell now and buy Bitcoin or go to fiat because Bitcoin will surely go down to 4000-3500USD.
2. Wait and when Bitcoin price falls (and your altcoin will not loose) then sell and buy Bitcoin for cheap.

[VAGR]

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!

There are 2 options.
1. Sell now and buy Bitcoin or go to fiat because Bitcoin will surely go down to 4000-3500USD.
2. Wait and when Bitcoin price falls (and your altcoin will not loose) then sell and buy Bitcoin for cheap.

There are actually more options... Now the majority in a similar situation. I divided the risks and just wait for the market to recover. He will definitely recover, I believe in it.

[R9s]

This is a sad story, but you don't have to be pessimistic. You just have to wait patiently. If you sell it in a panic, then you lose a lot. This is my understanding.

[jennycarter32]

Nothing you can do about it, just keep holding if you think the coin will do well.

[teamsah5416]

Some seasons may be bad in the crypto currency. this season is especially called 'bear season'. During the bear season many investors lost their money and panicked. it is important to remain calm and wait for the market to rise again