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Author Topic: I lost 80% of my bitcoins in alts, What can I do now?!  (Read 21855 times)
daenarys_stormborn
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August 25, 2018, 06:55:04 PM
 #1441

I also experience the same thing as you, but for me it's too late to cut the loss, so what I can do is hold, my hope is that by the end of this year crypto will recover again, but if not, I will sell everything and leave the crypto world

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Yury1
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August 26, 2018, 06:23:34 AM
 #1442

Depending on the period, traders in the cryptocurrency market earn or lose. Only with experience each of us begins to understand when it is better to buy and when to sell coins, so devote more time to reading this forum to be able to learn from the mistakes of others.
yomikiyao
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August 26, 2018, 06:36:31 AM
 #1443

Compared with last year. This August is a bad time. I don't know how you are. Anyway, I've lost most of my money now.
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zacad
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August 26, 2018, 06:56:22 AM
 #1444

Investment is risky, loss is inevitable, and so is cryptocurrency. In such a high-risk market, you can't make all your investments to make money.

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August 27, 2018, 06:33:41 AM
 #1445

There is only one lesson from this move tht you have not to change your btc in alternative cryptocurrencies which will let a lot of losses and stress.

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ongahawak
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August 27, 2018, 06:50:19 AM
 #1446

 All you can do is hold and wait until recovery. You can’t sell below your entry point because you would have invested in vain. Wait at least until you break even. If you think there is no more room for growth with your coins, then it would be wise to sell so to get back your initial investment. It's up to you
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August 28, 2018, 09:49:21 AM
 #1447

DO not convert BTC in other cryptocurrencies in future and it will be the happiness for you and for your money, I know a lot of situations with this wrong decisions.

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Fanomoello
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August 28, 2018, 09:52:18 AM
 #1448

I'm in the same situation, you don't have any other choice but hodling. You can't sell in loss and I believe all of those coins will rise again
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August 30, 2018, 04:44:30 AM
 #1449

Just hodl it. Wait for the perfect time. Since you bought a longterm coins, you should wait for them to recover. Thats the trading life. So if you dont want to lose more just keep it.
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HichemFetoui
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August 31, 2018, 11:03:29 PM
 #1450

try always to diversify your portfolio a lot of stable coin in the market normally 30% of your portfolio should be in fiat or in stable coin such as gold hope you lost what you afford to lose
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August 31, 2018, 11:22:37 PM
 #1451

All you can do is hold and wait until recovery. You can’t sell below your entry point because you would have invested in vain. Wait at least until you break even. If you think there is no more room for growth with your coins, then it would be wise to sell so to get back your initial investment. It's up to you
It is true. There is nothing more to do but be patient and wait for the price to bounce back. Even if cut loss is sure to be very lost and it's hard to buyback. I have also experienced the same thing, despite doubts, but I hope the market will soon improve again.
cryptolord2077
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August 31, 2018, 11:33:06 PM
 #1452

Now the best thing for you is not to lose your head and not to panic, concentrate and think about how to get out of this situation after gaining a useful experience.
RistirP
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September 03, 2018, 07:08:09 PM
 #1453

I think, now a good opportunity to buy some more. You have a difficult situation. But at the moment the best is to hold and have patience. Prices will eventually move up.
Bobwallet93
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September 03, 2018, 07:14:11 PM
 #1454

Hi there!

Best thing for you to do is sit the ride out now, you can sell but it will cost you alot! Only if you trurly think your next project will gain alot, i should sell some. Also, if you have some money left buy some more, your overall price should be lower and you can accumelate faster.

Greetings and dont loose hope!
 Grin

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Betheng
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September 03, 2018, 07:14:23 PM
 #1455

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 i were you i will hold it until the market will recover. Do you think those altcoins have potentials? If they do hold. Have a little patience until the market goes up. I think many of us id still in holding phase. Wait until the market will recover.dont panic and think straight.everything thats is happeninb you can charge it as a experience. Those coins are for a longterm. Because it's a longterm coins you just need to have a lot of patience to wait until it bounced back perfectly.
n691309
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September 07, 2018, 12:45:23 PM
 #1456

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 i were you i will hold it until the market will recover. Do you think those altcoins have potentials? If they do hold. Have a little patience until the market goes up. I think many of us id still in holding phase. Wait until the market will recover.dont panic and think straight.everything thats is happeninb you can charge it as a experience. Those coins are for a longterm. Because it's a longterm coins you just need to have a lot of patience to wait until it bounced back perfectly.

It's not just the OP that has lost most of their money, I can say that most of us who weren't too much clever to notice the big drop have lost a lot of money into crypto.
The market has been jus lowered more than 70-80% but still it's going "stable" at this stage and it's normal to see green colors and red colors on the chart


EducoinVietnam
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September 08, 2018, 06:18:59 AM
 #1457

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 happens, but you're probably exaggerating the significance of this fall. If you wait a little, it is likely to even be in the black
Tylev
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September 08, 2018, 06:27:20 AM
 #1458

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 my opinion, it is useless to give any advice on the events that were almost a year ago. However, the situation I see is similar. The fall of altcoyins by 80 percent and the question was what to do, sell altcoyins just before their growth. The situation may repeat this year, but I think the market growth will not be as great as in the previous one. However, the market should also grow after the current protracted stagnation.
memFISTO
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September 09, 2018, 05:45:57 PM
 #1459

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!
Now you in any case should not sell what you have otherwise lose it. the only way in your case is to wait for a good rate to sell
Disculinair
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September 09, 2018, 05:50:14 PM
 #1460

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 would recommend to tick to daily trading, you can easily recover that loss if you managed to make safe trades and don't get greedy, daily trading is way more hard than hodling but worth it.
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