Should I cash out and take the loss?

[FUD Expert]

At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!

They are selling the news buddy and that is how it goes in this market. You did buy the news so you bought the tokens not because you believed in the project but because you believed in someone that just made a prediction without basis. We can already see your mistake here that's why you lose your interest with your coins easily.

[arpon11]

At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!

Since you have making this significant loses I think it is good you hold as a time will definitely come when you will make profits from your investments. You only lose when you sell out of panic but as for as you will hold you will makes profits in future.

[South Park]

Do not make decision that will regret you at the end. If you're not in financial crisis better hold coins because  market is not permanent. Just have more patience for bitcoin.

The problem is that many of the people investing in the market are doing it with money they cannot afford to lose and when they begin to lose money they get really worried since they need that money in the short term and then they cash out, this is why it is always recommended in books about investing that you only put in the market money that will not affect your finances if you lose it.

[eddyhalim]

I advise you not to withdraw money at this time. Currently the market is bleeding, Bitcoin prices and altcoin very low. If you withdraw money you will not be profitable and even lose. Many experts predict that by the end of this year the market will stabilize and recover. I think you should be patient and wait until the price goes up.

[Gaggy185]

I advise you not to cash out and should calmly hold the cryptos for a while more as current market rates are low and not potential. Investors' forecasts suggest that the market will regain momentum by the end of 2018 and promise the exchange rate will rise sharply. So hold the cryptos and wait until the end of the year.

[gunther99]

bro, i think stop loss is important, sometimes i hold too,
but im cutting loss to invest inthe another coins for reversal,
but yeah sometimes after im cutloss the coin pumping lol
so if your buy price still reasonable you can hold,

[samcrypto]

I advise you not to cash out and should calmly hold the cryptos for a while more as current market rates are low and not potential. Investors' forecasts suggest that the market will regain momentum by the end of 2018 and promise the exchange rate will rise sharply. So hold the cryptos and wait until the end of the year.

I don't think cashing out your money at a loss is a good idea because this market will recover again. Altcoins may experience a long trend sideways but I know it will pump higher again along with bitcoin. Always be patient, this is cryptocurrency and many investors love this technology so better to way for the bull run again.

[Vness10]

At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!

If you sold what you have and don't have any believe what you doing in crypto it bring you to losses. Don't hive up if you see all are dropping because it's normal in crypto because it's normal the pumps and dumps in crypto. Hold it and you will thank all people who give a good advice to you.

[ledinasaliasi]

If you want to make more profit in the future then I suggest you keep investing in the crypto market. At present prices of Bitcoin and altcoin are very low, if you sell you will not be profitable and you will ignore the chance of getting rich in the future. Many experts predict that in the future the cryptocurrency market will grow strongly. So if you want to be profitable then you should be patient and hold on to the long term. I think it is best that you hold the altcoin growth potential.

[dolanneksawah]

Why would you ever trust strangers on the internet? They will most likely never have your best interests at heart. Now that is aside, focus on what you can control now and that is either holding your coins or selling them

[gnarledoak]

If you sell your coins, you are selling at what is hopefully the bottom, and you are contributing to the current downtrend (people selling). I get that this is not "play" money for everybody and that some of you guys really need that money in maybe 1 week or 1 month.

As crypto has shown, it rewards those people who have made it through and held on their coins. How many times haven't you read about people who bought Bitcoin at 0,5 dollar and sold at 10? There are so many examples that lead to one golden rule in crypto: buy for the long run.

Be confident in your coins, try to make it work in the real world with what money you have, and please, do not sell your coins. You don't have a loss right now, the second you click that sell button, it all becomes real and you have a REAL loss.

[cryptovet2020]

Does anyone remember what 2008 was like? Does anyone remember hearing about 401k accounts losing insane amounts of value? How many people freaked out and withdrew everything from their accounts back then? If they would have just waited it out, they would have earned their funds back and some.

Have some perspective. Selling at a loss at a time where the market is finally consolidating is a bad call. The legitimate currencies will still be around when the dust settles. If you invested for the right reason, you should not be scared. It is why I chose to sink my money in XRP over Bitcoin. I believe this company will survive and XRP will come out leading the pack.

[Salty yor]

   If you sell , you will not be profitable, the best is to hold it and be patient , and I advice you , always put in the market money that will not affect your finances in case if you lose it ,especially now that the market is bleeding .

[helenmitchell44]

You gotta believe when you invest in crypto. You are not always going to have success but a lot of these coins dip in price and go back up. If the coin is good the market will pick it self up. Don't fall in the panic sellers category. You might regret it later.

[Keyboard PC]

if you get a loss from the falling price of bitcoin and get stuck at a very high price and after that you sell it at a very cheap price then you will only get losses, you must be able to recover the assets you have, by utilizing the situation to always be able to benefit from the capital you have, don't let you sell coins at cheap prices, control the patience you have.

[Andrea23]

What if the market recovers? I think you should hold it. Some of these coins may seem like they won't get back up but they might. You never know. But if you are in need of money then yes sell them. Don't cave in top the mass just because everyone is saying to dump. The investment might turn up.

[Ridzik111]

Patience is understandable, but you also need to sell and buy alci. Because if you only keep the profits you will not find in this market. After all, the market does not stand still. He then falls, then it grows. We need to monitor these rates.

[marcbitcoins]

At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!

It is not their fault if they say something positive of your coins in which you attract to invest more because many members here are asking about advice regarding investments in which most of the people here are trying to share their information at long as they could too. If you will just be fair then you could see not only BPT and PRL is in difficult right now but most of the coins are not healthy specially Bitcoin. So if you will not going to listen anymore to the suggestions here then you must do a deep research of your own before you decide so that no one will be blame if you fail again.

[royalcrypt]

I would recommend waiting as I believe in patience but if all the coins in your portfolio are going down then you can sell with a small loss or wait a bit more for the eventual rise.

[Abeleez]

At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!

There is always that tendency to despair and take a rash decision which ultimately leads to regret. You should remember that in the sphere of investment generally, patience is such a treasured virtue. The market showed signs of recovery recently although it has become cold but a total rebound is on the horizon.