Try to recover loss

[Dart18]

It wont work if you have the coins already since we are all down now.

You will have to hold instead of just losing them.
Many got the same problem like yours. The fight here is your patience. Take this as a holiday and just rest. Maybe next week there will be good news again. Hope and move to spread the news about the altcoin you are supporting.

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[Reid]

Think about it. Sell now, then suddenly it climb again. Then you will buy? 
It could be waste of time, effort and money. Why not just HODL?

This are the errors that had been made by a lot of traders and I am guessing you have read a lot of suggestions here just like mine.
It will be a foolish decision and your choice could end you up into zero. Trust your altcoin, you bought it then maybe you know what price it could reach once it improves. This is just one more test how much you can grip it even when everything is down. You cannot go anywhere if you sell it.

[Mahanton]

It wont work if you have the coins already since we are all down now.

You will have to hold instead of just losing them.
Many got the same problem like yours. The fight here is your patience. Take this as a holiday and just rest. Maybe next week there will be good news again. Hope and move to spread the news about the altcoin you are supporting.

Emotions would really be the big enemy on here specially into these kind of market situations which you would really having the thoughts on cutting losses or panic selling.This is normal to be felt since we are just human being at all but having a self control on these kind of situation would really help you out to avoid further loss.We wont lose nothing if we dont sell out our holdings.Recovering is possible by just holding it out.

[richardsNY]

We wont lose nothing if we dont sell out our holdings.Recovering is possible by just holding it out.

If you don't lose anything by holding your coins, which is indeed the case, there will also be nothing to recover. It's the fiat aspect that drives people crazy, and as long as they can't distance themselves from that aspect, they will keep making the same mistakes. I am in Bitcoin for the long term, so short term speaking, it doesn't make any difference if my coins are worth $8000 or $20,000 like in December. Technically, it wouldn't even make a difference if the value of my coins were either $10 or $50,000, because at the end of the day, I still have the same number of coins. I can understand that not everyone thinks like that, but come on, the long term is the only thing that matters....

[Johnyz]

If you don’t make any action regarding on your portfolio then its just a paper loss and over time if the market gets better that paper loss will become a profit. Holding is a great idea to survive right now, the market are keep on dumping don’t ever panic.

[maimainguyen05]

Of course it's totally possible if you want to. But IMO you shouldn't do that cause not only crypto that you're holding dump, the whole market is dumping as well just because of downtrend and a lot of bad news. I think you should keep it for a little bit longer when this terrible time over. In next month I think everything will be better and the whole market will be green again.

[wenxop]

You could continue to maintain until they increase in price since if you do not sell you could not consider it lost until you sell the coins and if you want to recover you could trade with the first 30 coins of the coinmarketcap which have a lot of potential and are more likely to increase price

[Xardasim]

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 can sell the coins that are in your wallet and fold the money, why not? But if you believe that your future of altcoins, you can choose to HODL them now, because these bad news always happen on the market. Your own choice is always right, because you lose with your own choice, not the opinions of others. You are ressponsible own decisions. 

[BeGoods]

It wont work if you have the coins already since we are all down now.

You will have to hold instead of just losing them.
Many got the same problem like yours. The fight here is your patience. Take this as a holiday and just rest. Maybe next week there will be good news again. Hope and move to spread the news about the altcoin you are supporting.

if you sell your bitcoin you do cutlose and make a loss, you think you can get recover by selling and buying at below price right? but the risk is huge right now, you might get more losses? but if you keep insisting on it, make sure you leave a few percent to hold. because I'm still confident of holding back will recover your losses in the next few weeks

[jambul_kribo]

It wont work if you have the coins already since we are all down now.

You will have to hold instead of just losing them.
Many got the same problem like yours. The fight here is your patience. Take this as a holiday and just rest. Maybe next week there will be good news again. Hope and move to spread the news about the altcoin you are supporting.

if you sell your bitcoin you do cutlose and make a loss, you think you can get recover by selling and buying at below price right? but the risk is huge right now, you might get more losses? but if you keep insisting on it, make sure you leave a few percent to hold. because I'm still confident of holding back will recover your losses in the next few weeks

but much people doesnt have that patience.evenmore new investor in crypto market ,could be certained they would felt panic .crypto market right now in not good condition.to much fud entering in it.

[yvesp110]

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

Better is to stick with one’s own coin and that coin should be either bitcoin or any from the top altcoins. The reason is they all are believed to recover after every dump and bitcoin is the most amazing one. There are like 600 coins in the digital market but most of them are just trash. It would be beneficial and smart of a person to hold bitcoin during the dump and save himself from the trouble of figuring out which one is going to recover first because the real point is how much a coin recovers.

[gamalzour]

I think if the altcoins you have invested no sign of increase then you should sell all then invest in the top 10 cryptos to be able to recover your loss quickly. If you hold these altcoins, the exchange rate will not be recoverable because the nature of altcoins is an only short-term investment, not long-term.

Go for better choice when such decision making situation comes. As here you have said it right, whenever someone hold any altcoin that is not recovering back, wait for a limited time, after that don’t wait anymore because may be that altcoin going to die forever. Take up sometime, decide according to your plans, and sell them as soon as possible. Your plans must be flexible.

[cheezcarls]

If you want to recover from the losses, the first thing that you need to do is simply control your emotions. It is pretty normal for us to see these dips over and over again due to various factors like investing in other coins, withdrawing funds for emergency purposes, fears that government might ban cryptocurrency, etc.

However, most of us are just misunderstood about what is going on with cryptocurrency lately, which creates FUD. For us to recover from losses, we just keep buying more during the dip or even increase your income potential by not just sticking to your day job.

[TheUltraElite]

It wont work if you have the coins already since we are all down now.

You will have to hold instead of just losing them.
Many got the same problem like yours. The fight here is your patience. Take this as a holiday and just rest. Maybe next week there will be good news again. Hope and move to spread the news about the altcoin you are supporting.

if you sell your bitcoin you do cutlose and make a loss, you think you can get recover by selling and buying at below price right? but the risk is huge right now, you might get more losses? but if you keep insisting on it, make sure you leave a few percent to hold. because I'm still confident of holding back will recover your losses in the next few weeks

but much people doesnt have that patience.evenmore new investor in crypto market ,could be certained they would felt panic .crypto market right now in not good condition.to much fud entering in it.

But FUD always enters the market no matter what happens. People dont have  steel strong nerves to support them and they fall for every newbie theory that shills make up on the social media. Like I have previously said, the social media including faceache, twatter and instahater are filled with shitcoin promoting shills.

If you want to recover from the losses, the first thing that you need to do is simply control your emotions. It is pretty normal for us to see these dips over and over again due to various factors like investing in other coins, withdrawing funds for emergency purposes, fears that government might ban cryptocurrency, etc.

Well that FUD for sure but its pretty vague on what you said. People become resistant to these news after some exposure.

However, most of us are just misunderstood about what is going on with cryptocurrency lately, which creates FUD. For us to recover from losses, we just keep buying more during the dip or even increase your income potential by not just sticking to your day job.

FUD is created by shills (mostly). Buying more and more is not always good specially for altcoins which are going stagnant. For bitcoin its always good.

[fiomcorka]

It wont work if you have the coins already since we are all down now.

You will have to hold instead of just losing them.
Many got the same problem like yours. The fight here is your patience. Take this as a holiday and just rest. Maybe next week there will be good news again. Hope and move to spread the news about the altcoin you are supporting.

Personally I didn’t get this point why people lose patience. On this forum just see hundreds of threads are there and every other post in them is advisory to hold your mind when situations are not according to your plan. Don’t lose your control and don’t be panicked when prices are going down. Still see the responses, how stupidly these people behave in such circumstances.

[Thardz07]

Selling or cutting loss is not recommended. That was a bad idea. Just HODL, selling altcoins in this down markets are for weak hands. The best way to recover your investments, is to buy again in the dip. Much better to buy again than cutting loss.

[d1ceplayer]

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.

For unprofessional traders, it appears similar to gambling but in reality, both are poles apart. Gambling is totally shit whereas trading is a game or professionals. You need to show your creativity and sharpness in order to design your trading strategies that really earn you what you want. It is good that you realized timely that trading is not your cup of tea otherwise some noobs have lost large amounts here.

[fullhdpixel]

I've tried what your thinking of doing and it didnt really workout for me.  I ended up loosing more than what i initially had and it created a sense of desperation in me which made me want trade even more in an attempt to recover my profits. If i were you i would just hodl which is what im doing right now.

It would definitely not work. Every sign the alts are showing in the market now is ‘buy signals’ and selling now to trade like the OP have said is just going to make him end up feel like he has been cursed because selling now and the market moving up, is another loss on its own.

At this stage, the best is to wait it out and hold for the profit, learn techniques and indicators on how to buy and sell instead of doing it blindly and start taking advantage of the market from there.

[wuvdoll]

it depends of which coins are we talking about if you tell us it is better...

by the way:
-never sell anything
- it is the worst time to sell altcoins
- i sugget to hodl until altcoins start recuperation

If he has really prepared himself for trading, then selling will be the last thing he wants to do right now. Also, if he is prepared, then why ask us since I believe he should know what to do already. Some people think they can just recover their losses from trading anytime they feel like without learning, he will just end up losing more and the whales will be happy to take the little he has been managing to hold away from him.

The best is for him to be patient and hold, and if he wants to trade, he should start learning, then know when to sell when the market starts skyrocketing and giving a sell signal.

[Ryanpogi]

it's easy to find a legitimate trading or investment and you spend all your money so you get back to what you do not have to do just as you are not familiar so you can not lose it.