Jonesdoo
Newbie
 Offline
Activity: 146
Merit: 0
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June 25, 2018, 03:56:04 AM |
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I think you should keep enough patience to continue to hold them. If you don't lack funds, you shouldn't sell them. The market can't keep going down. If you wait for the market to pick up, they will bring you huge benefits.
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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mastersay
Jr. Member
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Activity: 322
Merit: 2
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June 25, 2018, 08:07:07 AM |
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To be certain that you can not do this again, you must set aside your intuition and the hype of the coin price especially when the coin is at its highest price. It has a possibility that the coin will surely go down and you can lost a lot of amount invested. Better buy more coins when the coins touches to its lowest, like the best trade quote, "buy low and sell high".
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Pajdo
Jr. Member
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Activity: 112
Merit: 1
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June 25, 2018, 08:08:46 AM |
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You can close losing positon or hodl. I wouldnt recommended averaging.
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mstfprcn
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June 25, 2018, 08:15:26 AM |
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It's very hard to see when your portfolio is decreasing every day. But until you start selling you still don't loose anything. Remember that after fall there always will be growth. So just be patient don't panic.
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Agetan
Member
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Activity: 196
Merit: 11
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June 25, 2018, 08:18:11 AM |
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First and foremost, I am sorry on what you have been through. I have felt the same way before, worse than you. I lost more than 70% of my entire portfolio's value due to the great Bitcoin crash and I "FOMO'd" too much instead of diversifying. I would have made a nice profit if I cashed out at least half of a specific token, but now I ended up cashing out an amount that is way, way, way less than the expected value. Just lessons learned. Cheers!
The option about what to do now is hard but i will always keep my spirit to fill this time and hopely better after this correction. I have also the same thing happen to my portofolio but i still keep holding. I know many people suggest to sell but i deny it and stay strong although with worry. |
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NyLymZbl
Member
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Activity: 210
Merit: 10
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June 25, 2018, 08:21:49 AM |
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If you continue to hold your coins, then you have not lost anything. You will lose them when you start selling them at the current low cost. But in general we are still in the same position. we all look that our coins are lower in price. There's nothing to be done, we need to wait for better times.
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Dandyhunter
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June 25, 2018, 08:54:46 AM |
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Many people lost their capital. They hoped that the price of bitcoin would continue to grow and they would make a profit. But they were very wrong.
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SALAVAT
Newbie
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Activity: 113
Merit: 0
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June 25, 2018, 08:57:53 AM |
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Many people lost their capital. They hoped that the price of bitcoin would continue to grow and they would make a profit. But they were very wrong.
Correctly, no one has canceled, 10 percent of traders earn on trading, and the remaining 90 percent lose their money. Because it is impossible to follow the tastes of the market. |
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Deagle21
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June 25, 2018, 09:19:47 AM |
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now the market looks very bad. prices for the entire currency fell sharply. no one knows how the market will develop in the next few months. the most popular forecast is a drop in the area of $ 5000 for 1 bitcoin. and the average drop should be about 20-30%.
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Winner
Legendary
Offline
Activity: 1190
Merit: 1000
Look ARROUND!
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June 25, 2018, 09:21:47 AM |
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You can close losing positon or hodl. I wouldnt recommended averaging.
He had to invest in the coin for a really good reason, if he was just putting money into a coin to hold it then he should know of the consequences. |
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Geleve
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June 25, 2018, 09:44:58 AM |
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there are so many people that experinced similar things with you. this bearish trend took really very long time. i keep holding. because i dont want to sell with loss. i advice you to hold them as long as you can.
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4garret
Newbie
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Activity: 168
Merit: 0
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June 25, 2018, 12:09:16 PM |
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I think that calm will distinguish between the losers and the winners. Everyone is experiencing the same thing, and the coins you have are potential for the long term. So it looks like all you have to do is wait longer, at least until after the world cup, and let's see what happens.
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Saisher
Full Member
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Activity: 2296
Merit: 175
#SWGT PRE-SALE IS LIVE
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June 25, 2018, 12:12:29 PM |
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So I basically got fomoed. Towards the end of 2017 I saw how high bitcoin skyrocketed and decided to invest in ripple as a test. Less than one week it went up 3x. This made me more ballsy and I put in 11k total in various other alt coins like ripple, ethos, tron, and cardano. After the crash I lost about half of my value just like that. I am frustrated with the experience and wish I would have just put in 1k or something. I wish I could just not invested and went into what I was doing earlier which was just investing the boring and traditional way. Should I wait and hodl or pull out and do something else?
You are the kind of investor that is coming in without thinking what he is investing that it could wipe out all your investment aty anytime and you must invest what you can afford to lose, only thinking about the profit, its better to sell all what you have to get out of this depressing sitution. |
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oriontab
Jr. Member
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Activity: 336
Merit: 3
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June 25, 2018, 12:14:01 PM |
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Pulling out your funds from the market when the market is at its lowest invariably means you are counting your losses at the worst point.It will be better if you hold still till the market become better.
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trindirt
Newbie
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Activity: 119
Merit: 0
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June 25, 2018, 12:20:37 PM |
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Take it, if you get the last of it, you'll get some of it back. If the money can afford to lose, then wait, yet while the project is alive there is a possibility of changing the situation.
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arthur305
Newbie
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Activity: 140
Merit: 0
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June 25, 2018, 12:36:34 PM |
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Sincerely it has being a serious downtime this year expecially for those who invested late last year. But I still patience will still pay off.
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Weirdwas
Newbie
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Activity: 113
Merit: 0
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June 25, 2018, 12:59:52 PM |
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Hold on to the coins! If you pull out then you'll never get your loss back. If you hold you could get it back and more and then maybe decide if you still want to pull out and do something else. Pulling out now would just be a huge loss to be honest
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toyouta9999
Newbie
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Activity: 96
Merit: 0
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June 25, 2018, 05:43:04 PM |
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When it rains you have a bad mood and you do not want to have fun. But when it is over, you will smile again. It's raining now. Just wait until it's over. This year, we will all be able to sell our coins with good profits.
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LuckyMan21
Newbie
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Activity: 95
Merit: 0
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June 25, 2018, 05:47:51 PM |
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The main thing now is not to sell all that is left in a panic. It is worthwhile once again to revise its cryptoportal and decide which tokens to save and which ones to sell
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indrakusumaindra
Full Member
Offline
Activity: 728
Merit: 101
The Standard Protocol - Solving Inflation
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June 25, 2018, 05:50:47 PM |
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So I basically got fomoed. Towards the end of 2017 I saw how high bitcoin skyrocketed and decided to invest in ripple as a test. Less than one week it went up 3x. This made me more ballsy and I put in 11k total in various other alt coins like ripple, ethos, tron, and cardano. After the crash I lost about half of my value just like that. I am frustrated with the experience and wish I would have just put in 1k or something. I wish I could just not invested and went into what I was doing earlier which was just investing the boring and traditional way. Should I wait and hodl or pull out and do something else?
First i would say maybe you should changes your coins, I would recommend you to buy new coins with good project, and just think it as gambling. I do understand how it's feel and i do think the best way to gain profit right now is to buy good coins from ICO or new on the market. I do watch some coins and maybe i would invest on it, i dont think just hold popular coins would bring my money back, so now im trying to invest on Pundi x , peculium, UBT and sky coins. I do have a big expectation on UBT and Sky coins cause they seems have a good project in blockchain technology. |
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