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Author Topic: I lost 80% of my bitcoins in alts, What can I do now?!  (Read 21886 times)
krimzon1321$$
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August 18, 2018, 09:45:49 AM
 #1401

Just hold and leave it alone for a while. Stress less and give it some time. You will come out on top
snipernumberone
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August 18, 2018, 10:04:37 AM
 #1402

You have not sold your altcoin,logically you have not lost anything. It is worth waiting for the price increase, do not panic .
Glok17
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August 18, 2018, 10:21:11 PM
 #1403

Only waiting and holding can solve such situation, no other possible ways as for me. I just want to add that in current moment most of crypto community is experiencing the same thing as you do.

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Sanford
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August 18, 2018, 10:29:08 PM
 #1404

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 decide to play this game, play until the end. 80% is too big a loss for that to retreat. But of course if you have 20% = $ 20 million, then of course withdraw. Good Luck  men Wink
Flamebellow
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August 18, 2018, 10:30:36 PM
 #1405

If you believe in altcoins you have bought (otherwise, why did you invest in them ?) you can wait as long , as it will be needed for them to return to a previous price levels . Because you lost nothing unless you sold it . Bit if you not sure about the coins you hold , you might want to sell it , because many altcoins won't survive after this crypto massacre .

Senyatu
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August 18, 2018, 10:42:11 PM
 #1406

Well in October Yes there was a drawdown , but I think in December you fixed the profit ?) and now again there is a drawdown only harder than it was then
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August 18, 2018, 10:52:15 PM
 #1407

If you have lost over %80 of your tokens that you just purchased, I don't think there is much that can be salvaged but selling them now and importantly purchasing tokens or coins on exchange is considered an investment so it is probably best to wait out the present market trend.

Avoid the temptation to sell off and hold since it cannot go much lower than it has already, but it can still go higher With a positive trend in the future market.

minttop
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August 18, 2018, 11:01:25 PM
 #1408

There are several ways. You can quit and fix 80% loss, but it is losing outcome. I would better invest more, because price is far lower than you bought.
If you don't have enough money, work harder and it is all.

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Primal6666
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August 18, 2018, 11:06:56 PM
 #1409

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!

You have no other choice. If you sell at the current price, you will lose money. Just hold. You can try to increase the number of tokens by trading on price movements, so that when the price goes back to the level of the purchase, you will be in plus, not in a zero.

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gioangelofelix
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August 18, 2018, 11:13:59 PM
 #1410

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.
bling-bling
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August 18, 2018, 11:22:49 PM
 #1411

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 need to do is patiently wait. An 80% drop in your investment is too big to sell at a loss. Might as well wait longer until a recovery before deciding to sell. At least wait until you are at par with your initial investment. No one should really sell at a loss. It's just not logical.

nobetci
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August 18, 2018, 11:44:43 PM
 #1412

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!

You are not the only one who have big loss. The bearish market has been going on from the beginning of the 2018, and I think it can continue more. In my opinion, waiting and being patient are the est ways to not have a real loss.

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automatikal
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August 19, 2018, 02:21:11 AM
 #1413

Of course, investments in cryptocurrency fluctuate a lot. When not in a hurry,expect the best time .
cuo
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August 19, 2018, 03:22:06 AM
 #1414

80% is big amount for loss, if I were you I would still HOLD that coin and assuming it was gone, maybe in the end of the year we could see again coins going up high like last year.
nisya
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August 20, 2018, 08:27:18 AM
 #1415

there is nothing we can do except still holding the coin we have because we cannot sell at this time unless there is an increase in the price. but we still have a chance to see the price is back to increase soon because the progress for every coin is good and until now, many altcoins still trying to reach the highest price. so you can wait for another time to see the price increase again, be patient and don't lose hope.
24hexchange
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August 20, 2018, 12:01:40 PM
 #1416

The best way is to forget about it and to continue your work earning money here, it won't be profitable to give up now based on your emotions an so on.

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RedzoneASE
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August 20, 2018, 12:12:19 PM
 #1417

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 already too late to withdraw right now. I think you just need to wait since 80%  loss is already too much and you can't comeback from that if you are going to sale right now.

karthcrypt
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August 20, 2018, 12:13:58 PM
 #1418

Convert your remaining Altcoin balance in to bitcoin and wait for bitcoin to increase in price.  If you can have access to capital,  you can buy more Bitcoin to average down your losses. 

Icologies
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August 20, 2018, 12:23:01 PM
 #1419

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's better to hold it back, because selling when falling too deep is a big loss. I think it's better to hold it for a while and think about the next plan you will take. Keep watching the developments on the market and when prices go up and don't reach the point you want, you can sell it to cut the bigger losses.

bitcoinpeople3
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August 21, 2018, 12:59:45 PM
 #1420

It is sad that you had to go through the pain of losing some funds. I would suggest that you consider doing things differently this that around. If you used method A and that was what brought about your loss, you should try out method B and see how it turns out. make sure yo don't make the same bad choices that led you to your loss the first time.
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