minthit
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March 15, 2018, 08:54:12 AM |
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If you are new to trading and don't know what to look out for decision making, I suggest not to do so. I have done that and it's like gambling for me and well I also lost a bit. I wish I would have spread out my investment though.
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naidray
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Activity: 1232
Merit: 1029
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March 15, 2018, 11:23:24 AM |
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Trying to revenge from markets only can lead to one final: Trader will lose all balance/investment sooner or later. Recovering loss is kinda to keep falling knife while you act emotionally. Market is always right and trading mistakes will make you wise person.. I always turn off computer in case of losing money in market.
It will definitely lead him to that. One mistake he wants to do now is buying at the top and selling at the bottom. That is not a ways to trade any market. Since he has missed the top, the best thing now is to wait for the next top, and learn how to trade before then so he does not miss it and with that he can decide to sell some of his holdings and start trading from there, but trying to sell now is actually an insane thing to do. Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
In this sense, you are not recovering loss, you are accepting loss instead. What is the point? If you are to start trading now anyway, it is either you are buying at the bottom right now which most of the alts already are and then selling at the top. Also, if you feel you even want to trade, you should only be using stop losses for any coin that just probably has broken support and shows sign of more free fall. If you sell out now, you will be more worried to see huge loss, if the market recovers after then and you end up gambling your position. |
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dragon695
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Activity: 449
Merit: 103
Decentralized Ascending Auctions on Blockchain
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March 15, 2018, 11:28:39 AM |
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ok. this is also a good choice. but to do this, you have to have a good knowledge. how can you do which coin will recover soon in this dropping market? Do you have enough information to give decision? i hope that you can find the anwsers
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DarbeliMatkapTr
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Activity: 49
Merit: 0
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March 15, 2018, 11:40:42 AM |
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I think only way is just waiting for now. Losses are heavy for me, but I'm optimistic about this. I think I'll recover my losses, it's just that I don't know when.
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AMHURSICKUS
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March 15, 2018, 11:43:41 AM |
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If you really want to give up and sell your altcoin, always make sure that its price not that low.
But if its price is very low dont ever try to sell it, because recovering your money will not be so easy. If i were you i will still hold all my altcoin even though i lost some of my money, because i have trust in that alt and i know it will recover to the point that it can give me big profit.
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TheUltraElite
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Activity: 2870
Merit: 1222
Call your grandparents and tell them you love them
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March 15, 2018, 02:48:49 PM |
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ok. this is also a good choice. but to do this, you have to have a good knowledge. how can you do which coin will recover soon in this dropping market? Do you have enough information to give decision? i hope that you can find the anwsers
Totally depends on what FUD the market is buying into. If they are telling about pumping some shitcoin and you already possess that coin in some sort of holding then that coin is going up. So make your trading orders such that you can reap some money from that. Remember, shitcoins will remain shitcoins, target of pump and dump. But bitcoin is eternal. I think only way is just waiting for now. Losses are heavy for me, but I'm optimistic about this. I think I'll recover my losses, it's just that I don't know when. I wonder how much losses you are considering as "Heavy". Because its relative for every person and if you think its too heavy then its better to dump and the next rise and then leave the market. |
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ralph_0608
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March 15, 2018, 02:53:02 PM |
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Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
If you sell your alt coins for a loss and do trading the risk of losing again is higher since market is bearish expect more downside than upside better to hold alt coins with good project or can stand for long term don't buy altcoins that are purely speculative or just hype by other people this may not recover its price once market continuously down. |
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Borisb52
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March 15, 2018, 02:56:45 PM |
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Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
I do not advise you to sell everything right now. We need to wait until the market recovers. If you sell everything right now, then you will lose your money. After a fall, growth always begins. Therefore, it makes sense to wait. |
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rose8963
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Activity: 336
Merit: 10
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March 15, 2018, 03:14:37 PM |
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Of course, no one expects continuous losses. but right now, that has become a reality, I have lost 40% of my currency's value recently. Maybe things slide pretty fast for me. But I will not sell them for the fall of the loss. I will wait the market back to welcome a boom worth like last year.
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yhoga45
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Activity: 294
Merit: 13
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March 15, 2018, 03:18:26 PM |
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Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
Try to buy back if you have free money for your investment, don't sell everything (home, car,etc) . With that strategy, you can get your money back when the price is a half from when you buy at the higher price. You also can do cut loss if you believe your coins will go down deeper, then you can buy back when you believe that coins will alive again. So, with cut loss you can buy more coins, this helps you faster to get your investment back. But, no one can 100% guarantee the price will go down or up. Cheers. |
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Synaesthesia
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March 15, 2018, 04:10:00 PM |
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you should not do anything now man! to choose a good coin to trade is very hard unless you have domestic informations. the best choice is holding and forgeting them
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monkeykiss21
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Activity: 214
Merit: 10
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March 15, 2018, 04:20:23 PM |
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Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
Just wait for the right time for you to sell coins. If you are monitoring the price then it's good. Trading is not getting faster to sell the coins. |
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gandhe83
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Activity: 266
Merit: 10
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March 15, 2018, 04:21:38 PM |
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Actually a bewilderment is coming in my mind. I have lost 40% fast in the past few days. Of course I will try to recover the losses by grasping and holding during this time. Too much influence and disadvantage is happening. I hope that these things will soon finish for the return of the crypto.
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RAMSHIVDEEPAK
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Activity: 224
Merit: 18
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March 15, 2018, 04:30:38 PM |
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Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
In my opinion ,if u are watching any coin closely then u can convert some of ur alt coins in that,if it is in its lowest.FOR example last time, I convert my some of altcoins in cindicator because it decreased around 400% in two days.I also read news regarding it ,no negative news there ,so i convert my other alt coins in it and I got 3x within 3 days.But it is possible when u r watching or following any coin very closely.Blind investment in this time is very risky.if u r not following any coin.then best way just hold. |
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bitcoinveda
Member
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Activity: 378
Merit: 10
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March 15, 2018, 04:42:05 PM |
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Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
I do not advise you to sell everything right now. We need to wait until the market recovers. If you sell everything right now, then you will lose your money. After a fall, growth always begins. Therefore, it makes sense to wait. Even though you suggest them, most of the panic people will sell all their coins because they won't bother about whether market will recover or not and they won't bother about their loss also. |
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Thanasis
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March 15, 2018, 05:16:37 PM |
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Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
If you want to recover your losses from price dump then you need to hold your coins,if you sell means you actually lose your investment capital but if the price of that sold coin decreases more and recover later then you can sell it but it is actually impossible to say when it will bump and dump so just hold your coins and wait for the price bump to occur.But normally the price will bump at back end of the year so hold until that to make profits. |
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Zadicar
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Activity: 1330
Merit: 1020
Seabet.io | Crypto-Casino
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March 15, 2018, 05:23:55 PM |
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Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
If you want to recover your losses from price dump then you need to hold your coins,if you sell means you actually lose your investment capital but if the price of that sold coin decreases more and recover later then you can sell it but it is actually impossible to say when it will bump and dump so just hold your coins and wait for the price bump to occur.But normally the price will bump at back end of the year so hold until that to make profits. You wont really lose nothing if you just hold of your coins and didn't panic sell which this is the most basic thing or must to do if we do see falling market.If you can able to risk up to fasten up the recovery of loss you can eventually buy even more on dips so that the average loss would go lessen as the price do go in reversal.This is what I'm doing which I do minimize the gap on entering the deepest price as possible. |
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DBronze98
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March 15, 2018, 05:25:42 PM |
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ok. this is also a good choice. but to do this, you have to have a good knowledge. how can you do which coin will recover soon in this dropping market? Do you have enough information to give decision? i hope that you can find the anwsers
Maybe this will not be a good choice as the market continues to go down and if you exchange it for a new Altcoin, it may still go down instead of going up. Things are risky, do not try to make choices at times of difficulty. |
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Thanasis
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March 15, 2018, 05:48:42 PM |
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Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
If you want to recover your losses from price dump then you need to hold your coins,if you sell means you actually lose your investment capital but if the price of that sold coin decreases more and recover later then you can sell it but it is actually impossible to say when it will bump and dump so just hold your coins and wait for the price bump to occur.But normally the price will bump at back end of the year so hold until that to make profits. You wont really lose nothing if you just hold of your coins and didn't panic sell which this is the most basic thing or must to do if we do see falling market.If you can able to risk up to fasten up the recovery of loss you can eventually buy even more on dips so that the average loss would go lessen as the price do go in reversal.This is what I'm doing which I do minimize the gap on entering the deepest price as possible. But many people don't want to take this kind of risks that buying at the time of price is falling but you are right it is the thing we need to buy the cryptos which can faster our recovery time.But we never know how long the price will go down so it is still confusing for the investors when to buy at the dips. |
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Hui8
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March 15, 2018, 05:50:11 PM |
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Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
That's not good way to go around your loss and try to recover your loss. The thing is we are currently in red blood bath which means your altcoins are already in loss. If you sell these coins then you are in loss already and thus reinvesting into trading will attract more and more risk in it. I think you don't wanna make that kind of investment into uncertain world of crypto currency. ;-) If you have invested into altcoins at low point and you are still in the profit then you can take step forward the way you have explained above. But I'm sure all the coins already so down that you might be in loss. |
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