okissabam
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March 02, 2018, 07:59:56 AM |
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I did the same thing before when I first started trading, did not even read or researched about trading that much and accidentally bought almost all of money on a certain coin when it was at its peak. Of course I hated myself at that time, and I was using Poloniex at that time too and so what I did was I researched on google on how to keep the coin and decided to leave it and go for long term instead of dwelling on a mistake I can not reverse back. So that's what you'll do OP, hold it for a couple of months or years until you get that amount back.
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Dodoymabs
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March 02, 2018, 08:12:59 AM |
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I hate my life so much right now xD Who else bought on ATH? I think it's because you believe the cryptos you're investing in will continue to grow, but the truth is that it's down. When deciding to invest in anything you need to consult, study the cryptos before buying money because there are many free crypto signals on the Social that you can refer. We can't say that his/her decision is wrong because he/she failed to gain profits. We know that crypto is unpredictable and the risk is always there. Risk of losing some value and assets. When we have some coins we are hoping to increase its value by deciding to hold it for a little while. In this kind of situation, we have to be tough enough to face some ups and downs so that we can somehow achieve our target which is to make some profits.
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Lastsamuraj
Full Member
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Activity: 266
Merit: 100
Prontapay
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March 02, 2018, 08:48:05 AM |
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Bought on -x2 from ATH,still everything dropped another 2 times.Cant do anything,traiding for more coins is dangerous as well on this market.Just hold.Eventually market will grow again
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pogpog10
Full Member
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Activity: 251
Merit: 100
Presale is live!
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March 02, 2018, 09:39:31 AM |
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I guess it happend to most of us at some point. It's impossible for someone to make every decision right. We can only hope our calls will end up well in that kind of situations. What you should do right now is stop worrying about it. It happend and you can't change it so you learn a lesson from that and hold your coin. Don't sell it cheap because alt coins will start going up soon. I am sure your coin will hit new all time highes before too long.
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iTradeChips
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March 02, 2018, 10:24:12 AM |
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Which coin did you buy at ATH? You can stoploss or hold to new ATH (if it is a good coin) PRL, EXLIX, XSPEC. To be honest, I didn't check these coins, so I don't know if that are good projects, but for sure you have to HODL to new ATH! You will need a lot of patience, because your funds can be frozen even few months, but it is the best solution in such situation. All you can really do like the rest of us is to hold, no amount of whining can you seek help from us who also bought at the ATH. Good thing in my case I was able to trade my losses with other coins. Better evaluate as how can you get back your lost investment by investing through other coins.
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Kurokyy
Full Member
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Activity: 448
Merit: 100
LETS GO ADAB
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March 02, 2018, 11:23:26 AM |
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I hate my life so much right now xD Who else bought on ATH? Its really a sad moment for those who buy coins at ATH but as long as you are holding your coins and not going to sell it is not yet considered as a loss. It also happened to me before, it never came to my mind to sell it to cut my loss. So the best thing to do is just HODL and wait your coin value to recover
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Norihiro
Full Member
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Activity: 448
Merit: 102
APOLLOX Protocol
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March 02, 2018, 11:45:34 AM |
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Dude, that's not a point to blame yourself. Believe me, market is very unpredictable and a lot of people made same mistakes (if this is even a mistake) - market still has enormous potential to grow - even if you bought at ATH - it'll probably grow even more someday...you have just to hodl...
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koryu
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March 02, 2018, 12:12:19 PM |
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I hate my life so much right now xD Who else bought on ATH? ah thats sucks. You are a forced hodler now. What you should be doing is averaging down, this means buying more the lower we go in order to decrease your price floor.
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lopax53186
Newbie
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Activity: 6
Merit: 0
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March 02, 2018, 07:22:59 PM |
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you never at a loss until you sell it. The market always fluctuates. The ATH right now might be negligent a year from now so be patient. i am at the same boat with some of my coins.
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yonton
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March 02, 2018, 07:55:19 PM |
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This is why when your new, you should always do the oposite of what you think. Its the best strategy, try it ))))
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JPNM8
Newbie
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Activity: 12
Merit: 0
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March 02, 2018, 08:15:27 PM |
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I hate my life so much right now xD Who else bought on ATH? ah thats sucks. You are a forced hodler now. What you should be doing is averaging down, this means buying more the lower we go in order to decrease your price floor. That’s what’s I have been doing....I bought most of my coin unfortunately at a fairly high price but I’ve been buying more at these low prices.
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Riga
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March 02, 2018, 08:30:53 PM |
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You must learn trading in order to find the correct entry point to crypto. I also made similar mistakes earlier. And this led to very large losses. But now I have experience and knowledge, which protect me from mistakes.
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Hamstead
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March 02, 2018, 08:56:07 PM |
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I hate my life so much right now xD Who else bought on ATH? Holding it for so long might not be a good solution for that especially if it is continuously going down. It is better to sacrifice by selling it and buy other coins in cheap price. Anyway, just mostly happen especially if we are in still learning the market trend and always remember on these to prevent happening again.
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InsaneRattles
Newbie
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Activity: 28
Merit: 2
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March 03, 2018, 04:58:45 AM |
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ATH GTO Holder here.. gave up to check the price every single day
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S7C
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Activity: 47
Merit: 0
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March 03, 2018, 05:08:16 AM |
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You must learn trading in order to find the correct entry point to crypto. I also made similar mistakes earlier. And this led to very large losses. But now I have experience and knowledge, which protect me from mistakes.
I don't think this is strictly true. With conventional trading, maybe. But we're talking about crypto. The volatile swings make it a very difficult thing to predict. The January correction had been coming, but nobody knew exactly when that would happen.
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Pattart
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March 03, 2018, 06:43:24 AM |
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I hate my life so much right now xD Who else bought on ATH? you did a wrong decision when you bought on all time high.so dont make wrong decision again now by selling it in loss,what you need to do is wait patiently and Hol.you should have told us which coin is that so we can make analysis and research for you if whats the coins future..many of us did some wrong moves,but the important thing is what will be your plan B when things go wrong Because usually newbie will follow what is popular. when ATH happens a lot of people in this forum suggested to buy because many speculate that bitcoin prices will continue to rise. it is precisely that the price continues to decline due to correction. yeah you're right that you have to do some research first before buying. do not follow someone's speculation. I think all you have to do when buying when ATH is to be patient and restrain right now. I'm sure the price will exceed when you bought before..
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ichi ocha
Newbie
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Activity: 168
Merit: 0
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March 03, 2018, 07:02:47 AM |
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What is an ATH?? buy coins with expensive price is ridiculous in my opinion if the price is already high so don't take the risk, it is better to wait some time ago to go down a few percent or quiet first price. Don't be tempted to ease high prices at the moment.
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Pelunize12
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March 03, 2018, 07:26:28 AM |
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don't blame yourself dude, all traders have made that mistake. now, you can buy the coins which you lose at bottom, then wait for rising. and don't forget to stay positive *btw, i'm one of holder PRL
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aneroideUMw
Newbie
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Activity: 1
Merit: 0
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April 05, 2018, 12:09:55 PM |
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Yes seems the whole market got smashed. About only thing to do is hodl and catch the rebound later this year. There is a ico going on currently that might help re-coup some of your losses. Marinecoin is rewarding promotion with 20,000 MTC. You can buy of you want but a little elbow grease and some effort and you can take the no risk avenue they are practically giving them away. Time dilution technology slows the coin release down so everyone has a shot at it. self sustaining - fair distribution - machine to machine - iot - You may want to check them out here for more info marinecoin/in
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Kocret02
Sr. Member
Offline
Activity: 1190
Merit: 250
Buzz App - Spin wheel, farm rewards
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April 05, 2018, 12:34:06 PM |
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now I think you can not do much with the current price is decreasing, all you can do is you hold the coins you bought at a high price until you can get a high price. so I think the hold is the best choice.
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