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Author Topic: My altcoins are down... by a lot  (Read 15738 times)
CryptoNoob11 (OP)
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November 15, 2018, 01:48:46 AM
Last edit: November 15, 2018, 02:09:47 AM by CryptoNoob11
 #1

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
eann014
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November 15, 2018, 02:03:00 AM
 #2

If you already lose, then maybe you can still take some risk for some months maybe there is also some hope for the next year. If you can still wait for the market to recover then hold all your coins still. As long as you have still more patience, wait for it to reocver. We all ever know when but hopefully next year can be a good year for cryptocurrencies.
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November 15, 2018, 02:06:41 AM
 #3

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 (Probs 1 or 2 are shitcoins haha), 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
I have lost more than 70% from my initial investment. But i never try to look at my portfolios. Just try to put more and more into my wallet. if you sold em all and you have no chance to recover your money. I will do long term. I will open my wallet again in a few years later and see what will be happening with it. If that will worth when there was a big bubble last year and i will be so happy with it.
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November 15, 2018, 02:10:53 AM
 #4

Now is the time to invest, best suited this month, look all basically are at the bottom, just take now as much as you can and do not remember the old failures.
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November 15, 2018, 02:12:56 AM
 #5

You have to keep hold it and will be bad idea to sell in this bearish market. Bearish trend is not forever and later will be change to bullish, if in the end of this year the market will not change to bullish, we have to wait untill next year. Never sell in loss and by keep patient to hold it, later you will get big reward for that.

CryptoNoob11 (OP)
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November 15, 2018, 02:25:08 AM
 #6

Alright thanks guys.

Would you say with the little btc dip right now, it would be a good idea to buy a bit more?

Or do you think it will further drop?
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November 15, 2018, 02:27:12 AM
 #7

Nobody knows for sure if it is the bottom or even lower prices are ahead. If you are a long-term investor, then today is a good day to buy some.
CryptoNoob11 (OP)
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November 15, 2018, 02:51:24 AM
 #8

alright, would you say I should keep it in btc then if I buy some today, or invest some into other alt coins?
marshalljp
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November 15, 2018, 02:52:18 AM
 #9

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

You aren't losing if you're not selling! Hold long term.
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November 15, 2018, 03:47:33 AM
 #10

I thought everyone is on 80%-90% of loss but yours is only around 60%.

You aren't losing if you're not selling! Hold long term.
I don't have to say more words about it, follow what this guy said though I'm not sure about your MSP token if it's really going to have a potential.

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khoapham89
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November 15, 2018, 04:31:11 AM
 #11


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

Today, I see a bloody bath in the market. And it's too late to stop loss bro. It's happening so fast and I think a lot of people are stunned by it.

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November 15, 2018, 04:34:44 AM
 #12

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
I think you should sell your altcoins now. The market went down again and it was no longer safe. You should sell and keep your money before it's too late. I have lost confidence in this market and do not want to work here anymore.

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WackMack
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November 15, 2018, 04:41:12 AM
 #13

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
I think you should sell your altcoins now. The market went down again and it was no longer safe. You should sell and keep your money before it's too late. I have lost confidence in this market and do not want to work here anymore.
Your advice may be a mistake. Because selling when everything falls is very stupid. better to rebound. And if time allows, it is better to wait for the trend to reverse.

 
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CryptoNoob11 (OP)
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November 15, 2018, 04:44:42 AM
 #14

I'll hold my coins as I've only invested in money I can afford to loose, so I don't mind holding onto them for now I think.
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November 15, 2018, 04:50:49 AM
 #15

You're not alone, I think almost all of the traders and investors were down by a lot. Me myself loss a lot in my portfolio. It is probably due to the latest fork of BCH, some dump their btc for bch to get uphold of the coming fork coins.

I also read a lot of articles on twitter saying that the main reason for this dumping is BCH harkfork, Hopefully it is right and the market may soon recover after today, BTC has fallen 1000 $ in a day and it was too horrible
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November 15, 2018, 04:51:23 AM
 #16

I'll hold my coins as I've only invested in money I can afford to loose, so I don't mind holding onto them for now I think.
You must do that, it's hard time for cryptocurrency market now, every coins dump to its lowest price, selling now is stupid and not recommended. We should hold because crypto is not dead, the bounce of crypto will be back very soon and your coins will give you extra money.
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November 15, 2018, 05:01:21 AM
 #17

You're not alone, I think almost all of the traders and investors were down by a lot. Me myself loss a lot in my portfolio. It is probably due to the latest fork of BCH, some dump their btc for bch to get uphold of the coming fork coins.
That will result to increase of BCH, but it's not what is happening, the entire market dump and now we are below the $200 billion total marketcap.
This is a nightmare to most of us but we will eventually understand that it's gonna go up again.

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November 15, 2018, 05:55:48 AM
 #18

60% is too much to lose but there are many who lose more than it. Stop-lossing right now maybe is not a best decision. I believe stop-loss is best when you only lose 10% or lesser. Now, it's too deep that selling of everything doesn't seems to change anything. Just endure the pain for now.

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November 15, 2018, 06:06:30 AM
 #19

Believe me, not only your projects have such a rapid fall, because the whole market is falling today and this is probably done because of the emergence of forks BCH, which was not so long ago a hyip, I don’t understand what the problem is true.
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November 15, 2018, 06:07:33 AM
 #20

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

Not only yours. I also have the huge losses after yesterday. But it's good. Before the weak hands come out then we will not start the growth.

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