jaocoincrypto18
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February 21, 2018, 09:48:37 AM |
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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.
Well, accept the fact that joining trading and investing in digital currencies is really risky due to volatility of the price so we have to be use to it and face it with fortitude especially when losing because i heard that there is a man in South Korea that commit suicide because of losing investment in digital currencies. So in this situation of yours you should HOLD your coins because i believed that these coins are promising in which their teams are working hard to make the price rise up to become stable once again. Just always think that you are not alone in this situation.
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Sunyoto
Member
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Activity: 574
Merit: 10
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February 21, 2018, 10:18:26 AM |
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For me the only better way to stay afloat by waiting for higher prices, this will change at any time with higher prices so you will benefit, and I am sure the price will rise again. so you make a lot of money, holding and waiting by selling a better price.
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PaPog
Newbie
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Activity: 126
Merit: 0
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February 21, 2018, 10:26:11 AM |
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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.
If i were you, and i already lose 50%, it can be called as a huge lose, then i will keep HODL those 6 coins till the price is quite good again, just don't lose hope with those coins we invested. because it's already happening, nothing we can do except wait.
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8count
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February 21, 2018, 10:34:32 AM |
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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.
HODL for dear life my friend. Turn the PC off and enjoy life and just check in here and there CMC. Hopefully it will go back up over the next few months.
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cheezcarls
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February 21, 2018, 10:47:57 AM |
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For me, I usually hold on to that. There's a part of me who would like to dump all of my tokens, and there's another part of me who is strong and willing to hold on. I think it is just a healthy correction when the crash comes, and it is a lesson learned for all of us who are still new into this one.
It may take time for these altcoins to recover, but I strongly believe that they will grow overtime for many months to come.
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brainitterem
Newbie
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Activity: 192
Merit: 0
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February 21, 2018, 11:01:01 AM |
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This is market you bought at high and see minus its okay, just hodl or sell all and buy at dip more then you can make profit, never buy then market is green for weeks.
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reighbut2017
Jr. Member
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Activity: 252
Merit: 2
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February 21, 2018, 11:19:34 AM |
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It’s normal when you engaged in trading business sometimes your coin drops, with your situation I also do the same because I believed that holding those coins is the best option and wait for the market to recover.
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virtualhero
Member
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Activity: 161
Merit: 10
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February 21, 2018, 11:30:35 AM |
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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 no other choice but to hold, consider it as paper loss. If i lose that kind of percentage,I analyze my strategy and make it a lesson on my next trades. This kind of scenario cannot be avoided. All traders have experienced it at some point.
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KDjr
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February 21, 2018, 11:40:17 AM |
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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.
i think everyone in here will be give you same answer for this situation. everyone won't to sell their coins in the current falling coin condition. so, you must HODL your coins until u got huge profit.
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rbt
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February 21, 2018, 11:41:11 AM |
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The right move is stop trading when you are over 50% lose on your trades because if you trade six different tokens at the time, it seems you don`t poses the right skills for trading. The only excuse is if Bitcoin is rallying and because of that the whole alts market is down - in this situation, you have to wait for BTC to stabilize and the alts will recover.
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Pamadar
Legendary
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Activity: 2982
Merit: 1028
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February 21, 2018, 01:37:53 PM |
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The right move is stop trading when you are over 50% lose on your trades because if you trade six different tokens at the time, it seems you don`t poses the right skills for trading. The only excuse is if Bitcoin is rallying and because of that the whole alts market is down - in this situation, you have to wait for BTC to stabilize and the alts will recover.
Correct waiting game is needed when you are losing your portfolio, better to keep your coins instead of losing that much, the market will bounce back is just a matter of time, when btc start to move strong the alts will go as well, those who are not looking positively will lose their investment, wrong decisions will result to negative outcome so keep your patience.
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marcuslong
Legendary
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Activity: 1036
Merit: 1002
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February 21, 2018, 02:10:55 PM |
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I am not checking portfolio frequently I may check once when whole market go it’s advisable to have a patience atleast you get 2x profit of your btc investment. Out of your investment trx may give huge profit.
Its very hard to handle your lose like this but dont lose hope. The right thing to do is to stop trading and have another option of your plans to have a bounce back of your lose. Then when you recover your lose in trading have more knowledge for it and learned things about tradings.If ever you try to get back on trade it will surely a 100% successful. But also theres another option to do. I suggest to hold your remaining money and wait for the time to recover your lose its such a risky in trading I advise to keep reading in trading moneys so that to avoid losing
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astridplomp
Member
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Activity: 217
Merit: 10
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February 21, 2018, 02:42:40 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.
i think when the market starting to drop too much, loosing 50% to cut loss is not a good idea, instead the only option is stop making any trades and waiting until the price rise again in the future, we should not too rush in selling our coin to cut loss, it will be worse than you think when we cut loss.
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barhavsky
Full Member
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Activity: 798
Merit: 100
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
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February 21, 2018, 02:46:23 PM |
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I also experienced it when buying MTL and TRX which decreased by 50%. So until now I still hodl because convinced the future price of the coin will rise up again after the market is more stable.
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Nir_Liberdy
Newbie
Offline
Activity: 32
Merit: 0
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February 21, 2018, 03:06:38 PM |
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take a while off your PC.
Spend some time outside and wait to see what will happen with the market in a few months. you said it - you don't sell when losing.
another startegy cpuld be investing in cheaper coins- maybe you could leverage you r losses in switching to another trades or growing coins.
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SamboNZ
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February 21, 2018, 03:09:09 PM |
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Just hold it like you said and stop over thinking, be positive. It will just stress you out if you keep on looking at it. You already learned from your mistakes in the past and at the moment you already know the answer. Our market will definitely bounce back and grow we should just wait.
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duyduc256
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February 21, 2018, 03:17:42 PM |
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To me, that is really normal. But it depends on the altcoins you invest. If you invest in small altcoins and lose 50% of your assets then you should sell them right away, small altcoins will not help you improve your capital. But if you invest in bitcoin, you should keep it all and do not sell. Because bitcoin is the king of the crypto market and never collapses. Be patient and profit will come to you.
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ralph_0608
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February 21, 2018, 03:30:20 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.
On my personal opinion you invest in a very high risk coin. this coin is not even in top 100 except for trx though there is a chance of recovery but what if this coins would go deeper? i will hold coind only if there are a big volume daily usually in top 50 on cmc but still good luck for your decision if i where you i would invest in coins in top 10-top20 it may lower your risk of losing
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rasyiqul1505
Newbie
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Activity: 85
Merit: 0
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February 21, 2018, 03:39:44 PM |
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if I was in your position then I would hold my coin until the price recovered. I will be patient in trading in order not to sell my coins at a cheap price, I will hold the coins I have until the end of the year because at the end of the year all the coins have increased prices.
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bhoybitcoin
Full Member
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Activity: 336
Merit: 100
“Join The Blockchain Revolution In Logistics”
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February 21, 2018, 04:49:18 PM |
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You're so naive when it comes to trading! What do you expect when you become a trader? Do you expect that all of your investments will stay on their heights? This is market man! There's always be sorrow before happily ever after, if you get it right.
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