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Author Topic: What should I do?  (Read 1007 times)
gaobobo (OP)
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April 26, 2018, 12:39:19 PM
 #1

My token is now suffering a great loss. Is there any way to save it?
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April 26, 2018, 01:15:20 PM
 #2

1. Sell it now and invest in other promising coin/token.
2. Hold it for long-term (Atleast, until you have recovered or BEP)
3. Hold it and buy other promising coin/token with your money obviously.
4. Is there any other option?

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April 26, 2018, 01:34:05 PM
 #3

My token is now suffering a great loss. Is there any way to save it?
I in a portfolio have such tokens too, but I will definitely not sell them, pamp of BTC is better to hold it to the following, or in extreme cases transfer him to $ though watching what token, esteem about him on the website that the knowing people think of him.
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April 26, 2018, 02:01:40 PM
 #4

My token is now suffering a great loss. Is there any way to save it?

Did you invest all your money in 1 token? If so, next time try to diversify a bit and never invest all your money on anything. You can always set stop losses to prevent huge losses. Even if your exchange doesn't have a stop loss limit, set one that you want and sell if the price falls below it. If it's a token that you really believe in and it has potential and you already lost a great amount of money it's not a good idea to sell now, you might as well just hold. Which coin is it?

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April 26, 2018, 02:44:42 PM
 #5

My token is now suffering a great loss. Is there any way to save it?
Token is always risky investment so you only carefully choose the right platform. If you feel it is not supporting in future you should exchange know or it will raise in future you should hold for long term. But currently many altcoins are growing fastly so you should try altcoin investment it will make huge in future.

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April 26, 2018, 03:26:52 PM
 #6

My token is now suffering a great loss. Is there any way to save it?

Put x2 sell order) Even small useless coins sometimes pumps) Look at charts. Maybe you will be lucky enough to sell it) Now there are a lot of small coins/tokens cheaper than they was at ICO. What token you talking about? It will be easier to give some advices.

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April 26, 2018, 03:34:28 PM
 #7

if you are asking an advice,you should tell us in detail what token it is and how much it is.
asking an advice equal to asking about the strategy.
so we should know what is your position.
the best way to fix it is by selling it when it still has a value and then find an undervalued project.
afterward try to invest all of it into one and hold it for a months or even year.
in general that is the only way to overcome your losses,but it would be better for you to tell us more detail about your position.
you might be buy a potential project but because of your fear and panic,you cannot use rational to think it rationally.
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April 26, 2018, 03:48:36 PM
 #8

Sell only if you need this cash urgently. In the remaining cases you should find exit strategy (with loses, but on higher levels) or wait till break-even point.



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April 26, 2018, 03:54:53 PM
 #9

My token is now suffering a great loss. Is there any way to save it?

The only way to save it is to hold it until it goes back or surpass its value when you initially purchased it. I highly suggest, before you purchase or invest your money into an altcoin you should make sure that you trust this coin and believe in its technology so that you won't be emotional when there's a huge dip that's happening with your coin. You need to monitor as well some news regarding the coin your holding whether the devs or the community behind it still supports the project. Lastly always invest an amount that you can afford to lose since crypto value is very volatile.

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April 26, 2018, 04:06:29 PM
 #10

My token is now suffering a great loss. Is there any way to save it?

IMO, you should be calm down and follow the rates continuously. In this time, holding Token from ICO is very risky. To save it from dropping at the exchange rate. I think you should transfer from your token to USDT; it will save your token from fall in price. The token is not suitable for long-term holding, after transferring to USDT, you should invest to stable crypto like BTC and ETH, hold it to the end of 2018.

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April 26, 2018, 04:11:00 PM
 #11

I think, to fight great loss of your token better to hold them and wait until they pump up. If you hold your token you never lose any penny because you are waiting to make some profit. It's better to hold than selling to stop huge losses. We all know that cryptocurrency has volatility and the market are very fast movement.
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April 26, 2018, 04:16:35 PM
 #12

currently there are only two options you can do to overcome all the losses you experience.
1 sell what you have and switch to a more potential coin
2 you continue to hold your coin and wait until the price returns. ( long-term )

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April 26, 2018, 04:20:22 PM
 #13

You have a few ways:
you always can sell it and invest in other, more profitable coin
also, you can just hold it till the fall period will be finished
on the other hand, if you're have some trading skills, you can use the fall period for new kind of profit
The chice is yours
On your side, I'd sell it and buy something more interesting on market

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April 26, 2018, 04:29:12 PM
 #14

My token is now suffering a great loss. Is there any way to save it?

Depends on what coins you invested on.  Providing a list of your coins will help us help you.
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April 26, 2018, 04:38:14 PM
 #15

My token is now suffering a great loss. Is there any way to save it?

You can sell it if you are afraid the price will fall and you will lose your money. But my advice do not sell the token you have if you do not have an urgent need, but hold and wait for the token price to increase again.
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April 26, 2018, 05:10:44 PM
 #16

Altcoins are starting to recover, I would hold my coins if I see the potential in them. If not, find another promising project and invest in it.

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puremage111
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April 26, 2018, 05:20:44 PM
 #17

1. Sell it now and invest in other promising coin/token.
2. Hold it for long-term (Atleast, until you have recovered or BEP)
3. Hold it and buy other promising coin/token with your money obviously.
4. Is there any other option?

Certainly a very good advice here, especially [1], [2]
I believe if you are onto invest in something, if you believe it can succeed in the future, just hold it
ariyzt
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April 26, 2018, 05:39:23 PM
 #18

saving for long term isnt good too when ur coin/token not having good project or team , u should get information about what ur coin can do in market, that bad when u hope for ur coin to back at ur price but the price keep down or even get delist in market ( i got this experience with my coin) then i felt regret not sell my coin at that time
BryanK
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April 26, 2018, 06:03:31 PM
 #19

What are you saying ? almost all my portfolio fell 5 times in the last 2 months, I'm not going to sell something. I will hold and wait for growth.
lelou
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April 26, 2018, 06:16:53 PM
 #20

Where did you get that token? If from bounty, you can sell it if you lack patience and trust to the project.
If you bought it from crowdsale, hold and don't sell lower than bought price.
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