DefDope66
Jr. Member
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Activity: 38
Merit: 2
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March 29, 2018, 05:56:25 PM |
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There's obviously no way of knowing if those coins will bounce back. You probably understood the risk when you invested and you probably also understand that everything is in a slump lately. HODLING could result in bigger losses. Selling now would also be a loss. I would consider splitting the difference. Sell half, HODL the rest.
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brkttlv
Jr. Member
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Activity: 896
Merit: 9
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March 29, 2018, 05:57:07 PM |
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i am not doing anything now i lost more than 50% in 2-3 months but still holding. i think best way is holding because if try return to profitability by trading i lost more because market is really awful last days.
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Barbarian
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April 10, 2018, 07:56:37 PM |
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Nothing! Just hold until the market recovers. The common mistake of many traders is selling at a lost during a dip. You will not lose anything if you won’t sell. So just be patient and wait for the recovery.
The only exception to this is if you invested in a very bad coin because if you did the only thing you you can do to avoid losing even more money it is to start selling your coins if someone here in the forum did that let that be a lesson for you don't invest in projects that are not solid and that do not have a future.
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turmalin
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June 17, 2018, 08:25:27 PM |
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You are not the only one who is so fortunate. I also lost half of my invested funds for this month. Most forum members say that you need to continue to keep coins. I think we should support the opinion of the majority. Moreover, many analysts predict a further recovery of the crypto market
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Omega Weapon
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June 17, 2018, 11:22:41 PM |
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On 10th I bought these coins...
QLC 665.39235960 spent 0.04669735 BTC now value 0.02208817 DBC 3489.01913490 spent 0.11399558 BTC now value 0.04789097 UTK 999.14623990 spent 0.07351075 BTC now value 0.04367548 TRX 11704.11100000 spent 0.11480700 BTC now value 0.07415842 VTC 43.46405229 spent 0.01995629 BTC now value 0.01713204 MUSIC 6321.99316783 spent 0.04531524 BTC now value 0.02180519
If you notice in all these coins I am in HUGE lose. I am holding this of course. Coz I would never sell my coins in lose. I did in past but learnt my lessons.
How do you handle when you are in my situation.
There is not a definite answer, I am in the same position, one of my investments has been down for months but I still think the development of the coin is going great and I still have faith in the project so I have decided to keep holding my coins and not sell, but if that is not the case and you do not trust the coin can recover at all then it may be a good idea to sell and cut your losses.
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ganlianshifu1
Member
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Activity: 392
Merit: 10
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June 17, 2018, 11:25:18 PM |
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I will choose to keep waiting, the world of cryptocurrencies will always have huge fluctuations! To be able to encrypt currency in such huge fluctuations, you can gain success! Never sell your cryptocurrency at a loss!
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yesyes18
Member
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Activity: 546
Merit: 12
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June 17, 2018, 11:30:41 PM |
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Sorry for your loss buddy. Almost all of us have lost so much and in grievance with fellow members. What I have learnt is to start a little day trading- one of the most riskiest and tedious activity in crypto. It really helps in making little profits that can help cover up for some of your losses.
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crustycrab666
Full Member
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Activity: 560
Merit: 104
terra-credit.com
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June 17, 2018, 11:38:45 PM |
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50% loss? I think, I will rest for a while and refresh the mind. afterwards invite fellow traders to discuss, and determine strategic steps for recovery. just think of exercises to strengthen mentally.
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axiline
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June 17, 2018, 11:47:19 PM |
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If the asset that I hold is more than 50%, then I will keep it until full recovery. Experience shows that the market is cyclical, and after the fall, growth always follows.
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mdayonliner (OP)
Copper Member
Sr. Member
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Activity: 630
Merit: 420
We are Bitcoin!
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June 19, 2018, 11:50:24 AM |
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50% loss? I think, I will rest for a while and refresh the mind. afterwards invite fellow traders to discuss, and determine strategic steps for recovery. just think of exercises to strengthen mentally.
Since the market dropped from 19K btc price to till now I am basically away from all sorts of trading LOL Holy cow!!! Now it's -62.58%
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Be happy be at peace. Looking forward to BTC at $1M
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Phaphoo
Newbie
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Activity: 248
Merit: 0
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June 19, 2018, 11:57:02 AM |
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Once am in a situation like this, I will just forget about the market and my investment and move to something else, cuz I know the situation won't last for a long period of time. So I just take my mind out of it, but checking on maybe once a week for updates. Because I don't wanna have a heart attack, lol.
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emmaong12
Newbie
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Activity: 72
Merit: 0
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June 19, 2018, 12:26:48 PM |
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Much bigger loss now if you didn't sell lol.
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lobanoval
Newbie
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Activity: 47
Merit: 0
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June 19, 2018, 01:45:40 PM |
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You need to spend money only on solid coins if you have a weak heart. At least try to balance it with coins like ETH and BTC to reduce possible loss.
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paisiifokin
Newbie
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Activity: 41
Merit: 0
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June 19, 2018, 02:20:41 PM |
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Juts wait for the prices to recover. I hope you do not need this money for some urgent situation.
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NaXxow
Legendary
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Activity: 1085
Merit: 1000
ALT Add: APfc4bykKHxYSVkvzsLdQvmiTXvTgMiCRM
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June 19, 2018, 02:33:58 PM |
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right now I am more than 50% loss, but I am not selling it. I am a trader and at the same time hodler, I will gain more coins and tokens during bearish season, and take profit during Bull season. In short, I will take the risk of holding during this time of bearish.
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Vanshenz
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June 19, 2018, 03:03:40 PM |
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I will choose to hold it, because if I sell it then I lose 50% of my money, therefore I will hold it until I get a profit or at least my capital is not lost.
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booboom465
Newbie
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Activity: 92
Merit: 0
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June 21, 2018, 04:10:55 PM |
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Once you lose heavy % of your investment you have no choice just HODL, If you want you can average at these prices and will have a pump later. Don't make losses by selling at these prices, just hodl and wait for the time.
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FrankHilk9
Newbie
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Activity: 84
Merit: 0
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June 21, 2018, 04:20:33 PM |
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At this time, i not lost 50$ percent my money, because i lost about 80 precent man
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hunterWood
Newbie
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Activity: 59
Merit: 0
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June 21, 2018, 04:22:09 PM |
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I'm also at a probably more than 50% loss. There's not much you can do, I don't want to sell my holdings and give up.
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yohaneshs
Member
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Activity: 406
Merit: 11
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June 21, 2018, 04:26:37 PM |
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Take a rest and review my trading strategy. when i loss too much i think i will loss again if i dont introspection and try to recovery quickly.
We have to control emotional when loss in trading, take a time to review strategy business and recovery when you ready.
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