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Author Topic: If I bought all my alt coins near their January ATH...  (Read 225 times)
pinky
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February 27, 2018, 10:04:37 PM
 #41

IMO you should learn the basics before accepting such decisions regarding buying cryptos on ATH. Now you have two choice: 1) Sell everything for low price and quit game 2) Wait and HODL till market turns to the green way Wink



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Julen
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February 27, 2018, 10:21:08 PM
 #42

I did the same (partly, had some previous investments, but the majority of my money went in at the wrong time)

What i did in meanwhile

1)Reallocate your portfolio to projects you truly believe in.  Most of the alts are at a similar loss comparred to their ATH (1/2 - 1/3 or even more) so switching positions is not the same as selling at a loss.  Get rid of coins you either dont understand, or don't believe they actually have a bright future.  Ofcourse you can miss opportunities, but one should at least understand and believe in what he is investing.

2)Try to accumulate more by surfing the waves (if you have time to trade).  sell them high, buy back low, this way you'll strengthen your position without investing more money.

3) Buy some more, at least you'll average down the price per coin.  Wait for what people call a bad day, i refer to those days as opportunities.

Or, like previous posters said, accept the loss and sell.  At least you learned something.  You can always come back one day, but you risk facing a similar situation that way.

Good luck!
LEINADbtc
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February 27, 2018, 10:26:57 PM
 #43

Feel bad for you, but have hope man!
I had bought some coins on December and was really greedy to sell on Jan at all time high.
Now just waiting. I have a feeling that we can see the same like before summer or so.

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debuni
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February 27, 2018, 10:31:48 PM
 #44

How long do you think I would have to wait until I break even or see profits? I bought nearly all my coins near ATH, unfortunately.  Embarrassed

For example - I bought NEBL when it was trading at around $48. It is now $14.04. I bought SUB when it was trading at around $3.25. It is now $0.54. Bought DRGN when it was trading around $5! It's now $1.41. Everytime I see portfolio, I really wonder how much longer time it will take for me to at least break even or see some green. Sometimes, I get worried they will never recover. Should I be worried? Realistically, how long do you think I might have to wait to see some turnaround? Thanks  Huh

Some of the coins in your portfolio like NEBL may never recover.
DRGN and SUB may be will recover in 6-12 months to ATH levels.

Count those as frozen active and stop looking at prices. Check it in few month. In meantime choose some good ICO's to make some fresh profits.
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