bonyaserg
Jr. Member
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Activity: 1876
Merit: 5
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November 03, 2018, 10:52:13 PM |
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I personally think the main thing is not to panic. And in everything slowly you need to understand. The fact is that now the market is standing still and soon according to expert forecasts the price will go up. And then everything will be fine.
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tranquangvinh
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November 03, 2018, 11:17:34 PM |
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Now all the markets are crashing down and I don't know what to do with my altcoins. My briefcase fell 30% in a couple of days. I'm afraid I might lose more. Selling or hodl?
don't worry about that , it's normal situation in cryptocurrency market because now the market is in downtrend . Now you should hold them and never sell it until the dowtrend appears .
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mbluxs
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November 03, 2018, 11:20:52 PM |
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Now all the markets are crashing down and I don't know what to do with my altcoins. My briefcase fell 30% in a couple of days. I'm afraid I might lose more. Selling or hodl?
keep calm and don't move carelessly because it will make you even more sorry in the future. rest assured that prices will recover soon and soar. That's my suggestion for you, I also don't want you to lose the next day for that. You can still be patient and don't do anything that will endanger yourself.
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No One
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Activity: 417
Merit: 1
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November 05, 2018, 08:40:07 AM |
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It is up to you whether you want to sell or hold. If I am in your place, I would certainly hold, hold and hold until the coins I have been holding go up as much as to recover my loss. In your case, you have lost 30 percent. The loss would be covered if the market goes up a bit. And you should sell all your holdings if you think that cryptocurrency is going to die forever.
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MirclIX
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Activity: 392
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November 05, 2018, 11:16:32 AM |
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It is up to you whether you want to sell or hold. If I am in your place, I would certainly hold, hold and hold until the coins I have been holding go up as much as to recover my loss. In your case, you have lost 30 percent. The loss would be covered if the market goes up a bit. And you should sell all your holdings if you think that cryptocurrency is going to die forever.
I do not think that the cryptocurrency will die, I hope the situation on the market is temporary and everyone will get a profit from their investments
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Geenstijl
Legendary
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Activity: 1232
Merit: 1000
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November 05, 2018, 11:19:24 AM |
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If I have any altcoin now I'd like to get rid of it, because I guess it's not the real bottom yet. If (or better to say when) BTC drops to 5000 or even 4000 many alts will almost die in relation with their current state.
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rricksu
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Activity: 182
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November 05, 2018, 11:24:09 AM |
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Now all the markets are crashing down and I don't know what to do with my altcoins. My briefcase fell 30% in a couple of days. I'm afraid I might lose more. Selling or hodl?
Try to trade. Not all techniques is positive when it comes to HODLing coins. What I mean is that, HODLing is not always the answer to the downfall of cryptocurrencies. Maybe the ICO is having a trouble so we need to find out others that can provide as more opportunity.
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Bitknick
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November 05, 2018, 11:27:48 AM |
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Panic in this case will not help you for sure, and I do not see any reason to sell, because you can only fix the loss!
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Zurcermozz
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Activity: 560
Merit: 16
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November 05, 2018, 11:42:20 AM |
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Hodl is the best thing to do when the the market starts to go down. Many experts says that its better to hold when the market is down because there is a chance that the market will pump. If you sell it before the pump happen, that is a huge mistake you'll done so its better to hold. but for some shitcoins its better to dump them since the coins are scam or trash
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bitcoinrewardowner
Newbie
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Activity: 24
Merit: 0
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November 05, 2018, 11:48:21 AM |
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There is a lot of dangerous advice being given here. If you think that the entire market is just going to eventually pick and recover you're very much mistaken.
Some alt coins will enevitablly die out. This is an unprecidented time where anyone can copy a cryptocurrency core code distribution and market their own alt-coin. The vast majority of these have very little practical use, or at least simply mimic what another 100 altcoins are already doing.
I see a time come where most altcoins will be worth nothing and only a few remaining will stand below Bitcoin itself.
The bottom line is - there are going to be lots of people who will lose a FORTUNE in the coming years through investing in altcoins. It is akin to investing in a start-up stock market such as AIM, 95% of shares on this index will crash and burn, sure, you might make some money along the way if you're lucky enough to sell on the spikes, but history has shown us that most of these companies will have their share price plummet and never recover, I expect the same kind of thing will happen to the alt-coin market.
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nonkinto
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November 06, 2018, 04:59:55 AM |
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you are not the only one who lost a portfolio of 30 %, you have to wait . by the end of the year, the market should recapture its position
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FIREBALL24
Member
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Activity: 279
Merit: 11
Xircus
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November 06, 2018, 05:10:07 AM |
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Now all the markets are crashing down and I don't know what to do with my altcoins. My briefcase fell 30% in a couple of days. I'm afraid I might lose more. Selling or hodl?
Yes dont worry youre not the only one of your situation,many of us here suffers when market falls down but dont too much worry keep it on your wallet still until it can recover again,if its not a proper time now just hold on it will rise again.
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Ivanmikronov
Jr. Member
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Activity: 159
Merit: 2
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November 06, 2018, 05:14:34 AM |
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if by this time you have not sold your coins, I do not advise selling them at all, there is no point in selling yourself a minus. The only thing is that a part of the deposit can be transferred to a more promising altcoin or bitcoin.
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feelideb
Full Member
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Activity: 770
Merit: 101
fLibero.financial
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November 06, 2018, 06:05:41 AM |
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It is not pleasant to see your coin been devalued continuously, the feeling if loss sometimes can take a toll on you emotionally if you do not have plan to deal with it. The moment market recovery, what seem lost can be gained back in a very short time!
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dipeco
Copper Member
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Activity: 210
Merit: 1
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November 06, 2018, 10:20:19 AM |
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Everyone has lost a lot during this market. But if you are still holding these coins, you did not lose anything. The price dropped but if you wait and sell the coins at the same price, you will be by zero. Only if you sell, you will lose.
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cahkalem
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November 06, 2018, 10:36:42 AM |
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you are not the only one who lost a portfolio of 30 %, you have to wait . by the end of the year, the market should recapture its position
hopefully you are right my friend and a lot of people will be happy if the end of this year the bull coming to crypto market for the OP Hodl is the only way for now,, increase your patience,, if this year the bull not come in crypto market,, i believe next year the bull will coming
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Orenonex
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November 13, 2018, 01:58:31 PM |
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Try not to panic. When you bought coins, I think you knew about this opportunity. No need to hurry, sooner or later there will be growth.
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transformt
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November 13, 2018, 02:00:08 PM |
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just hold your coins and sell them when you make a profit. market flippers you still have such an opportunity
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vlad4561
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November 13, 2018, 02:31:20 PM |
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Now all the markets are crashing down and I don't know what to do with my altcoins. My briefcase fell 30% in a couple of days. I'm afraid I might lose more. Selling or hodl?
In this situation you can not sell your altcoins. When the price of altcoins is low it is necessary to buy them. The price of altcoins is sure to grow. I suggest you put the coins on hold.
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iwah
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TREEBLOCK.io
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November 13, 2018, 02:33:51 PM |
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Everyone is losing money not just you, and it's a choice to hold or to sell off, but if you are a believer and still believe that cryptos have a good future then you will have to hold despite the market downtrend at the moment, we all need to have some faith and wait for market to recover.
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