Advice for those who are in a minus and a loss. DON'T SELL!

[Piterg]

If you are in the minuses, you have your own, and not borrowed money, you do not have a shoulder and you believe in the future of the crypts - just cross this fall. You lost the time, but did not lose the game. Forget the time for the market. Loss you will appear exactly when you fix it. Now you are just an investor. For you it's a good time to step aside and think with a sober glance at where you made the flaws. The market is cyclical. Believe my experience. After the falls there is only one way - growth. It can be long or fast, painful or enchanting. But in any case, to the right. If you believe in what you have invested in, wait and do not be nervous.

I fully agree with you, I believe that in the spring the rapid growth will begin and bitcoin will reach the level of $ 20,000, and during the year I expect it to be above $ 50,000. Have enough patience and wait!

[Borisb52]

I agree completely with the author's post. Now you just have to wait and not sell your coins. Correction ends. After correction, there will be growth. Negative news about bitcoin ended. And this means that all coins should be restored and go to growth.

[Shutup]

If you are in the minuses, you have your own, and not borrowed money, you do not have a shoulder and you believe in the future of the crypts - just cross this fall. You lost the time, but did not lose the game. Forget the time for the market. Loss you will appear exactly when you fix it. Now you are just an investor. For you it's a good time to step aside and think with a sober glance at where you made the flaws. The market is cyclical. Believe my experience. After the falls there is only one way - growth. It can be long or fast, painful or enchanting. But in any case, to the right. If you believe in what you have invested in, wait and do not be nervous.

Yes l have loss because of price decrease,so l have to hold my coins now and wait for the coming price increase.l know this is very hard time to wait because it takes too long for the price decrease. Its really difficult to bet our coins. But my hope is still alive and ready to wait for the price increase. Thats they only thing ,holding is the best way to recover my losses and its the only way also to have a chance to be rich.

[BitcoinHodler]

i generally disagree with this type of advice because it is usually a terrible advice to give anyone and when you are posting it in a trading discussion board then you are posting a nonsense!

in trading you should NEVER hold something that is dropping. trading is not like invest and HODL. you should always move your money around and make profit on it. otherwise you are a loser. the constant action is what brings profit to a trader not holding, specially if you are holding something that is dropping hard.

for example in the past couple of days altcoins lost a lot of value. selling meant you had your money back in your hands ready to re-invest. when the recovery started you could have made everything you lost back and make a lot of profit. but if you held you just made some of what you lost back and still have a long way to go.

[gandame]

It's really hard to look at the value of bitcoin right now. But Im still holding my btc, I still believe that btc will recover from the fall. Well we can't tell anyone what to do with their investment (to hold or to sell) it is still anyone's own decision. But as for me I will still wait for the high value.

Yes its still anyone decision if they want to sell or to hold. And o agree to that bitcoin value is falling the better to do are hold it and wait for the bitcoin increase the value. If you can hold it a long term then you can do it again to wait that bitcoin will recover soon.

[SunJAB]

If you are in the minuses, you have your own, and not borrowed money, you do not have a shoulder and you believe in the future of the crypts - just cross this fall. You lost the time, but did not lose the game. Forget the time for the market. Loss you will appear exactly when you fix it. Now you are just an investor. For you it's a good time to step aside and think with a sober glance at where you made the flaws. The market is cyclical. Believe my experience. After the falls there is only one way - growth. It can be long or fast, painful or enchanting. But in any case, to the right. If you believe in what you have invested in, wait and do not be nervous.

I fully agree with you, I believe that in the spring the rapid growth will begin and bitcoin will reach the level of $ 20,000, and during the year I expect it to be above $ 50,000. Have enough patience and wait!

Take the calm and sell the crypto in the moment you will regret the psychology of investors often will not buy the altcoin that he sold. If your altcoin is good keep up because the market will soon recover, the past fluctuations in the market have been predicted before. So do not worry too much and trust this market.

[South Park]

If you are in the minuses, you have your own, and not borrowed money, you do not have a shoulder and you believe in the future of the crypts - just cross this fall. You lost the time, but did not lose the game. Forget the time for the market. Loss you will appear exactly when you fix it. Now you are just an investor. For you it's a good time to step aside and think with a sober glance at where you made the flaws. The market is cyclical. Believe my experience. After the falls there is only one way - growth. It can be long or fast, painful or enchanting. But in any case, to the right. If you believe in what you have invested in, wait and do not be nervous.

Not a bad advice, but it is going to be almost impossible to apply for a newbie at trading, just think about it, they did not had any experience and bought bitcoin at some high point and now they are losing more than half of their investment after a few days or weeks, it is very clear they are demoralized an holding bitcoin becomes more painful everyday, so I do not think they are going to follow the advice even if they understand is in their best interests.

[mountrock]

Your advice may sound good. But, can you imagine if the person who takes your advice will loose even more in the future? We are not supposed to place our self as financial advisors. I would suggest you to improve your advising strategy to something like "technical overview or experience based on the trading you have done" or something like "technical analysis" by doing that you are free from being accused as bad influencer.

[Dondont]

actually to say do not sell it is difficult while prices continue to fall and panic and some bad news is out, it is the main cause why something as simple as HOLD is more difficult to do.
but indeed, all that takes strategy, if it is already to sell, then better buyback for take profit at a later time

[September11Myth]

In my experience every time I have sold at a loss in cryptos the money was gone, every time I have been holding, sooner or later (sometimes years later) the prices went up again and I have got back my money and more. So, empirical evidence so far has proved that to hold pays out better than to sell with a loss. If you have time.

[pokeronlinestatus]

I agree completely with the author's post. Now you just have to wait and not sell your coins. Correction ends. After correction, there will be growth. Negative news about bitcoin ended. And this means that all coins should be restored and go to growth.

Absolutely now they have only option of relaxing and cooling their minds. Without being panicked they wouldn’t be taking the control of future. For better results in future they must understand the market that it is re-growing. Bitcoins price charts are again reviving. So good news will be there for you just wait for 2 or 3 weeks more. Everything will be fine and you will get your benefit.

[supermine]

We are not lost anything until we sell it.

So grab your coins tightly and if you don't want to lose your investment amount.Actually it needs some time to make profits from any kinds of investment so need patience and just hold your coins.But the many people will sell their coins when the price started to fall which is called panic selling.So we need to take risks then will will pay off in the future.

[Nhor1011]

       Panic selling will not help to gain profit instead you lost a lot. Be courageous to face the ups and down of the market because that is normal scenario not only in crypto world but also in an offline market. So always think possitive,just hold bitcoin that you have because after a big fall there should be huge increase in return.

[crypt0heaven]

it can be extremely hard to look at your portfolio in a draw down. The trick? just dont look. And like anon said, do not sell for a loss whatever you do.

It might ease the psychological pain but its not worth it because you wont get in again at a good time.

[d1ceplayer]

That is what i have also experienced personally in past years, the cryptochrrency market is absolutely occuring in cycles, i agree 100% with your post. A real trader knows how to deal during these down trends occurrrence, however  i doubt newbies or less knowledge keeping people will lose their coins by panic selling

Almost everyone have experienced this one way or the other and eventually we all get to know that panicking does not pay at all. Markets are meant to have both downtrends and uptrends. Sure, we all love the uptrends, but it is just like life, there would be some challenges and obstacles, but that does not change any fact that, an uptrend will have its time, and then we will get to have good time within those periods.

[Wilsonong222]

If you are in the minuses, you have your own, and not borrowed money, you do not have a shoulder and you believe in the future of the crypts - just cross this fall. You lost the time, but did not lose the game. Forget the time for the market. Loss you will appear exactly when you fix it. Now you are just an investor. For you it's a good time to step aside and think with a sober glance at where you made the flaws. The market is cyclical. Believe my experience. After the falls there is only one way - growth. It can be long or fast, painful or enchanting. But in any case, to the right. If you believe in what you have invested in, wait and do not be nervous.

What are you telling is true if your first plan is really for investment. But if you're trader first on hand and you lost 50% of your portfolio I think there's something wrong with your trading plan exit strategy. 15% lose in the portfolio is so much to bear as a trader.

 I think the cut lose should be set at 10% minimum and 15% maximum to maintain overall standing for the year. But of course this strategy vary depending on risk appetite of the trader or investors. Besides no perfect trading plan out there in the market what We only have is our personal experience.

[ladner]

If you are in the minuses, you have your own, and not borrowed money, you do not have a shoulder and you believe in the future of the crypts - just cross this fall. You lost the time, but did not lose the game. Forget the time for the market. Loss you will appear exactly when you fix it. Now you are just an investor. For you it's a good time to step aside and think with a sober glance at where you made the flaws. The market is cyclical. Believe my experience. After the falls there is only one way - growth. It can be long or fast, painful or enchanting. But in any case, to the right. If you believe in what you have invested in, wait and do not be nervous.

We can see the market in the past few days has been excited when both bitcoin and altcoin price increase. We can see that the bitcoin price has surpassed $ 10000 yesterday, a very important milestone for the next $ 12000. I think if you are holding a bitcoin now, do not sell at this time because the bitcoin price will increase in the coming days.

[meyklove]

Exactly. Just hold and wait for the right time because eventually the coins you bought will surely recover.

[alisaadat60]

If you are in the minuses, you have your own, and not borrowed money, you do not have a shoulder and you believe in the future of the crypts - just cross this fall. You lost the time, but did not lose the game. Forget the time for the market. Loss you will appear exactly when you fix it. Now you are just an investor. For you it's a good time to step aside and think with a sober glance at where you made the flaws. The market is cyclical. Believe my experience. After the falls there is only one way - growth. It can be long or fast, painful or enchanting. But in any case, to the right. If you believe in what you have invested in, wait and do not be nervous.

thank you , good advice. it's time to buy and buy. sell time will come.

[mx667]

What are you telling is true if your first plan is really for investment. But if you're trader first on hand and you lost 50% of your portfolio I think there's something wrong with your trading plan exit strategy. 15% lose in the portfolio is so much to bear as a trader. I think the cut lose should be set at 10% minimum and 15% maximum to maintain overall standing for the year. But of course this strategy vary depending on risk appetite of the trader or investors. Besides no perfect trading plan out there in the market what We only have is our personal experience.

That is definitely a very strong word and we always have to keep in mind. Never sell if you do not get the profit yet, and never sell when the price is currently down. If you are a short-term trader or daytrader, then I do not know anything about that. But if you are a long-term trader or long-term investor, then I am sure you already know and understand what I am saying. For those people who already know Bitcoin for about 5 years, will definitely not worry about this current price change and up and down. Because usually people like already know the grow of the price and the developing of Bitcoin for a long time. I guess I can give some advice to you who are still newbie and new to this whole thing.