My altcoins are down... by a lot

[Bonsaiav]

Hi,
So I’ve invested a bit of money into altcoins about a year ago, and did a bit of trading but then slowly lost the track of it... Until today, where I found my ledger in my closet and decided to give it another look.
So here I am now looking at my coins , and thinking on what to do... Hold on? Sell?...
I’ve got:

KMD EDG MSP

I’m down about 60% of my investment.

Any advice is appreciated!


EDIT: Yeah my entries are all super high tbh haha

EDIT 2:I’ve got quite a bit of faith in MSP & KMD Not sure about EDG though

Everything has already happened, and we don't know when their prices will rise again, but you should continue to maintain the three coins that you have already bought and let what happened today, pass away and disappear by time. You must be sure and optimistic that their prices will recover.

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[South Park]

Anyone who didn't sell in the last December or this April-May is in a very bad condition right now. We all have almost 1/10 of our money in terms of USD. But I believe in the markets, I think there will be another cycle and we should wait for that. Probably with the halving, it will start.

That is only true if you invested in December of 2017, if you invested in your coins before the market skyrocketed it is likely that you are almost breaking even or you have some slight profits even with the current prices, that is why many are still holding their coins because even if the crash was enormous they are not losing as much money as you may think.

[Umuoji]

It is not just you alone that the altcoins are down. Every token out there is suffering the same fate. But am sure that all these in coming to an end soon as the bull is near.

[Caesar_btc]

All investors suffered heavy losses in 2018. I think that people began to treat cryptocurrency differently now.

[Barbarian]

You are not the only one, 90% of all investors have lost large sums in a year and are reinvesting in the hope of returning it all. Another thing is whether it will give them technology or continue  to disappoint.

Most investors are losing money, but if they have been in the market for longer than a year it is possible that some of them still have some profits but as the price of bitcoin becomes lower the amount of people that are not facing huge losses is diminishing.

[EastSound]

Investors should have a long and strong patience in investing in any kind of thing specially in cryptos cause now adays the market is not doing great and if you sell because of this then youll end up with huge lost, its better to hold for more months and wait for the market to recover.

[crazylikeafox]

HODL! It’s the safest and the best way for you not to suffer any more losses. We all expereice the same situation, but rather than selling my investments, I chose to hold it and wait for the prices to rise.

[Siren]

Hi,
So I’ve invested a bit of money into altcoins about a year ago, and did a bit of trading but then slowly lost the track of it... Until today, where I found my ledger in my closet and decided to give it another look.
So here I am now looking at my coins , and thinking on what to do... Hold on? Sell?...
I’ve got:

KMD EDG MSP

I’m down about 60% of my investment.

Any advice is appreciated!


EDIT: Yeah my entries are all super high tbh haha

EDIT 2:I’ve got quite a bit of faith in MSP & KMD Not sure about EDG though

Since you have hold that shitcoins for long time and i believe that it was only your spare money whos you have vested,then theres no wrong or lose if you can still wait for another years of waiting though i really hate shitcoins but i am sure that your spare money is only small amount and wont affect your life even if that coins died in future

[acmrl]

Our money is not unlimited, we can buy little and if it drops we can buy again but our money will end and if we are not in dip we can drop 3-5 times more so right strategy is not just buy, you should buy from right prices.

[akitha]

your not the only one, most crypto people, their investment are down including me ,,but this is the time to fill your bags more of your favorite coin.. not too long the market will recover