Time to Bear the Loss?

[shamzblueworld]

People who bought altcoins with their bitcoins are in a deep and huge loss due to the rise of bitcoin value, there are possible two options for them now, either keep holding their alts and hope that one day they would be able to recover if the alts pump, but with this option, the time invested could be too much.
Second option would be to sell the alts and bear the loss, of course with this option they will get back a very small percentage of the initial bitcoin investment, but there would be a possibility to invest in other coins and maybe recover their loss, or even just keep holding their left bitcoin and in time of course, its USD value be enough to overcome the loss.

What do you think about these option? Are you in this situation too? What do you plan to do about it?

[btc_angela]

People who bought altcoins with their bitcoins are in a deep and huge loss due to the rise of bitcoin value, there are possible two options for them now, either keep holding their alts and hope that one day they would be able to recover if the alts pump, but with this option, the time invested could be too much.
Second option would be to sell the alts and bear the loss, of course with this option they will get back a very small percentage of the initial bitcoin investment, but there would be a possibility to invest in other coins and maybe recover their loss, or even just keep holding their left bitcoin and in time of course, its USD value be enough to overcome the loss.

What do you think about these option? Are you in this situation too? What do you plan to do about it?

No, I'm not in the situation right now because I'm mostly of a bitcoin guys. For those who have been trapped, is already hard to get out not suffering loses. So that best choice is just to hold on their altcoins and hoping for a pump later when Segwit2x is completed. Most traders now sold of their altcoin to bitcoin, but I'm sure when everything is done in bitcoin, they will go back to altcoin and pump the coins one more.

[crairezx20]

There is no other option than holding your altcoin.. Honestly i am holding bitcoins for only for bitcoin and i have my own budget for altcoin.. which is hoping to make huge profit like in bitcoin since i couldn't invest a lot in bitcoin i am trying to hope in altcoin that someday the price also increase.
Since there are lots of altcoin right now are getting increase after the huge fall like vertcoin if you know vertcoin it was like speeping for how many months and right now  there is a huge volume coming and hope that they can support vertcoin to increase its value in the future.
So seperate your investment for bitcoin and for altcoin..
But there is  an option that you can invest more in bitcoin and focus without investing in altcoin since the price of bitcoin is getting more price increase..

[DaMut]

i do not think cut the losses right now is a good idea,
because this movement will not last forever,what i mean is right now in my opinion everything is bottomed except Bitcoin itself.
but nobody know about the future because right now everything is unpredictable,
and if in a few weeks later on Segwit2x locked in,there will be a storm in Bitcoin.
with that i believe everything will make their move,but i can not guarantee it.
who knows what will happen with Bitcoin after the segwit2x? maybe the price is dumping or it may be caused a lot of massive upward movement.
just holding it if you already lost it for more than 30% from your initial amount,
holding Bitcoin to overcome the losses is unlike will happen.

[clrpod]

People who bought altcoins with their bitcoins are in a deep and huge loss due to the rise of bitcoin value, there are possible two options for them now, either keep holding their alts and hope that one day they would be able to recover if the alts pump, but with this option, the time invested could be too much.
Second option would be to sell the alts and bear the loss, of course with this option they will get back a very small percentage of the initial bitcoin investment, but there would be a possibility to invest in other coins and maybe recover their loss, or even just keep holding their left bitcoin and in time of course, its USD value be enough to overcome the loss.

What do you think about these option? Are you in this situation too? What do you plan to do about it?

I do find myself in this situation to an extent but fortunately I'm not very heavily invested in alts, I've managed to day trade with the holdings I did have so that even with the price crashes I've nearly maintained my amount of bitcoin at current prices so I see no reason to sell now because if alts recover as expected I'll profit a very nice amount

[ladydark]

Altcoin guys have only two possible options before them.

Either just sell their altcoins in loss for bitcoins and hold bitcoins until they recover their loss with increase in bitcoin price.

The second option is to just hold their altcoins until november 15th when segwit 2x would be activated.After that,surely many bitcoin holders would sell their bitcoins since they would have got free coins and they would start buying altcoins which would pump altcoin price.

So,just patiently holding altcoins for two more weeks seems to be the best option.

[cynical]

would it be true to say that trading the altcoins now into bitcoin to get free 2x coins to trade back into bitcoin or the same altcoins will result in a greater return than hodling the original altcoin?

[ultrloa]

People who bought altcoins with their bitcoins are in a deep and huge loss due to the rise of bitcoin value, there are possible two options for them now, either keep holding their alts and hope that one day they would be able to recover if the alts pump, but with this option, the time invested could be too much.
Second option would be to sell the alts and bear the loss, of course with this option they will get back a very small percentage of the initial bitcoin investment, but there would be a possibility to invest in other coins and maybe recover their loss, or even just keep holding their left bitcoin and in time of course, its USD value be enough to overcome the loss.

What do you think about these option? Are you in this situation too? What do you plan to do about it?

I'm holding my coin whatever it takes and I can accept the lose if the faith let it happen on me, And I will just simply ignore my dump coins for now and came back for it later on next year and see on what will be the result of bag holding this shit off. But if people are impatience to wait for that time then they must drop their decision on either they can accept the sudden lost or wait for further miracle to be happen.

[aardvark15]

People who bought altcoins with their bitcoins are in a deep and huge loss due to the rise of bitcoin value, there are possible two options for them now, either keep holding their alts and hope that one day they would be able to recover if the alts pump, but with this option, the time invested could be too much.
Second option would be to sell the alts and bear the loss, of course with this option they will get back a very small percentage of the initial bitcoin investment, but there would be a possibility to invest in other coins and maybe recover their loss, or even just keep holding their left bitcoin and in time of course, its USD value be enough to overcome the loss.

What do you think about these option? Are you in this situation too? What do you plan to do about it?

It really depends on what altcoins you have invested in and what percentage of you portfolio is in those altcoins. I think it’s a good idea to have a portfolio of Bitcoin and a few altcoins and set the percentage for each in your investment. I like the following breakdown or something similar:

Bitcoin 50%
Etherium 20%
Dash 10%
Litecoin 10%
Iota 10%

It doesn’t have to be these same coins or percentages. This is just what I like to invest in. So once you decide what longterm portfolio you want, then you will know whether to sell an altcoin and how much.

[rodalutor]

I think that many altcoins are again nearing rock bottom and bitcoin is reaching its peak so it is still wise to hold, bitcoin cannot sustain its current growth.

[RoommateAgreement]

there is always only one option not two. and that is to protect your investment. and that is a general advice not just related to altcoins. and protecting your investment means dumping risky investments such as altcoins when they are getting dumped hard and giving you big losses. you prevent those losses by selling fast and selling in the early stages of the dump.

now is the time to already be out of the altcoin market and watching it from outside to try and figure out where the bottom is and also figure out which altcoin will reverse more after the bottom was reached. in other words find the altcoin with the biggest dead cat bounce.

[Labumi]

For me personally if I experienced it, I would look at it from the point (altcoin) where I would get the loss. If indeed the loss I would get due at altcoin then I will sell at low prices then investing again to another place (altcoin), because if I let it happen until down then I wouldn't get a chance to get my money back though $1. But if the loss threshold due to factors of growth I will wait for him.

[dunfida]

People who bought altcoins with their bitcoins are in a deep and huge loss due to the rise of bitcoin value, there are possible two options for them now, either keep holding their alts and hope that one day they would be able to recover if the alts pump, but with this option, the time invested could be too much.
Second option would be to sell the alts and bear the loss, of course with this option they will get back a very small percentage of the initial bitcoin investment, but there would be a possibility to invest in other coins and maybe recover their loss, or even just keep holding their left bitcoin and in time of course, its USD value be enough to overcome the loss.

What do you think about these option? Are you in this situation too? What do you plan to do about it?

This thing would really depend on a certain altcoin holder if he would decide to cut loss and put some remaining funds on bitcoin.For me cutting loses on my altcoins wont really happen since I would rather decide to hold it up until it recover than on selling them on cheap.I cant bear the loss because if we do see the price decrease % on most alts as of now they are really on some serious price decrease.If you do have weak hands they youll end up on selling and also you cant be sure if you would able to break even if you do decide to move funds on bitcoin in usd basis.

[Dudeperfect]

If the investment is made after doing sufficient research then I don't think that there should be any reason to worry about. I have the experience when I saw about 35% loss for my portfolio but since I had a strong research to back my investment decision, I stood with my investment and within a period of few months I made around 10% to 20% profit for the same after covering that 35% loss so there is strong research behind it then don't worry.

[keenjester]

People who bought altcoins with their bitcoins are in a deep and huge loss due to the rise of bitcoin value, there are possible two options for them now, either keep holding their alts and hope that one day they would be able to recover if the alts pump, but with this option, the time invested could be too much.
Second option would be to sell the alts and bear the loss, of course with this option they will get back a very small percentage of the initial bitcoin investment, but there would be a possibility to invest in other coins and maybe recover their loss, or even just keep holding their left bitcoin and in time of course, its USD value be enough to overcome the loss.

What do you think about these option? Are you in this situation too? What do you plan to do about it?

Stay calm and things will be going the right way, you need to know what are really happen on the market for now to choose the right solution for it. Never underestimate any news that happened .

[carlfebz2]

If the investment is made after doing sufficient research then I don't think that there should be any reason to worry about. I have the experience when I saw about 35% loss for my portfolio but since I had a strong research to back my investment decision, I stood with my investment and within a period of few months I made around 10% to 20% profit for the same after covering that 35% loss so there is strong research behind it then don't worry.

If you do really have trust on the coins you have invested in then we should really not worry at all.Going back in the situation where I did almost lose up or hanging on negative for almost 50% which I do already worried but I did really decide to hold on until the end and just like do or die.If you can face the risk then you should not sell at all and just wait for the recovery.

[MissionPhailed]

The first option for me personally. It is probably only a matter of time before the ongoing massive inflow of funds into crypto affects the majority of alts positively, unless you're stuck with a shitcoin. In fact, I've just switched from BTC into Waves; might kick myself later for this move, but I presume alts in general are gradually going to recover from the beatings they took in the last month.

[Willitivity]

It's really a messy situation for Altcoin holders right now, am a part of this too.
Rather selling at a loss, I will hold and patiently wait after the fork is over.
Altcoins will definitely come up again.

[sheilasekarbumi]

I think you should think carefully first, everything happened with their logics, so figure out that logic you can conquer the world. Losing is a lesson to become winning. Every traders have to lose first then they will claim their rewards later. Experience is a expensive lesson.

[Hassan02]

For me personally if I experienced it, I would look at it from the point (altcoin) where I would get the loss. If indeed the loss I would get due at altcoin then I will sell at low prices then investing again to another place (altcoin), because if I let it happen until down then I wouldn't get a chance to get my money back though $1. But if the loss threshold due to factors of growth I will wait for him.

being stock on that situation it is hard to decide which would be the best thing to do to sell or to hold then if the time that you choose to hold because you believe that it will pump again but if the dumping is continuosly then you are panicking this scenario is the most common situation that happen so this is the time that their loss is so dump and mostly this kind of situation some that are still holding the trust of their coin that hold for make recover but some are not.