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Author Topic: My altcoins are down... by a lot  (Read 15679 times)
iTradeChips
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December 05, 2018, 10:01:34 AM
 #241

Well all I can really say is to hold these coins, simply because they are already so low in value that you will not be able to get the satisfaction that you want by selling it at a very low price. Just keep it and wait for the prices to go up. That is what many people are saying here and that is what I am going to say.

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December 05, 2018, 10:10:48 AM
 #242

now the price is already deep if you still ahve cash you can take some risk by buy again at deep.
i know it very risky but maybe in next year will be good news, or you can just hold your coin. maybe in 2019 will be good news.
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December 05, 2018, 10:28:11 AM
 #243

Unfortunately, we all faced such a situation, which led to large financial losses for investors. In this case, the advice is quite simple - do not panic. You need to continue to hold your good coins, over time, prices will definitely start to rise again, you just have to wait.
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December 05, 2018, 10:46:23 AM
 #244

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.
buying for the monthly period for now it might be quite risky because prices tend to decline in that period. within a year or a few months many investors can lose more than 70%. for now it would be better if just doing short-term trading. sell direclty when the opportunity come
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December 05, 2018, 12:06:53 PM
 #245

2018 is a bad year for crypto and many people have experienced a decline in the value of their assets, but I think holding is the best choice at this time to avoid more losses and remain patient waiting for prices to rise again

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December 05, 2018, 02:36:23 PM
 #246

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.

Thats correct, it would be a good idea that not to see our ports whatever happen this year, some of my friends in facebook suggested me to stay away from crypto in order to avoid stress, and in fact if i am a true believer of bitcoin and crypto, i should be a long term holder of it, you know, my alts are all down and i am just sleeping all day long, i am not interested in logging my portfolio, it makes me sad.

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December 05, 2018, 02:41:31 PM
 #247

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 should invest in altobees that have sidaway for 2-3 weeks. Because these altcoins will soon be pumped at this stage. This is the stage where the altcoins are at low value so it is easy to pump. So I encourage you to invest in MSP and KMD.

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December 05, 2018, 02:49:33 PM
 #248

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

long term is your way

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December 05, 2018, 03:09:08 PM
 #249

due to the unstable market effect and the decline in BTTC prices, everyone who holds the altcoin has suffered huge losses, but if I think the altcoin is very good for the short term and I think they tend to be long-term coins that already have large volumes like BTC

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December 05, 2018, 03:42:03 PM
 #250

The market is dying, and it's too bad to choose to sell, calm down and wait for the market to recover, and by holding you will have the opportunity to take advantage in the future.

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December 05, 2018, 04:00:47 PM
 #251

The market is dying, and it's too bad to choose to sell, calm down and wait for the market to recover, and by holding you will have the opportunity to take advantage in the future.
if the market is dying isn't it supposed to NOT recover?
I just want to get what you mean Grin
Btw I don't think it is dying but highly likely it is falling asleep for a year or more
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December 05, 2018, 04:13:42 PM
 #252

2018 is a bad year for crypto and many people have experienced a decline in the value of their assets, but I think holding is the best choice at this time to avoid more losses and remain patient waiting for prices to rise again
Only people who are stupid when he decides to sell their assets at this year. All we know 2018 is a big disaster for the cryptocurrency industry, I'm sure most of them suffer losses and no one doesn't feel a loss. They just wait and become someone who has a high level of patience to wait for prices to recover.

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December 05, 2018, 04:27:10 PM
 #253


I think everyone will understand the conditions in this year. This year a lot of players the coin suffered losses in an instant. But the loss will not affect the interest of the people to continue to do business digitally crypto or asset management.

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December 05, 2018, 05:37:17 PM
 #254

Good day! ETH goes down again today. Lost almost half of my money's by converting it to ETH. No choice but to wait it to recover to prevent loss. My alts has lost their value and I don't know if it will recover. I'll just forget about then in the meantime and focus on trading and doing bounties.
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December 05, 2018, 10:30:22 PM
 #255

And unfortunately for many of those that invested in altcoins it doesn't seem like a recovery will happen soon, so if you want to avoid losing money your only option is to keep holding your coins even if the price keeps going down, I'll be very direct I do not envy anyone that bought altcoins when we were in the middle of a bull market, many of them are not going to be able to hold their coins for long enough to obtain profits.

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December 06, 2018, 07:50:34 AM
 #256

there are lots of altcoins whose prices have fallen and now are the dreams of altcoin players because they know that their assets have decreased very much because the altcoin prices have fallen.
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December 06, 2018, 07:52:54 AM
 #257

there are lots of altcoins whose prices have fallen and now are the dreams of altcoin players because they know that their assets have decreased very much because the altcoin prices have fallen.
Now there is a great chance to average their positions by Altcoins. many coins have sunk heavily. I advise buying now

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December 06, 2018, 09:26:32 AM
 #258

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

Of course, 60% is a huge loss for each investor. I really hope that with time the situation on the crypto market will change for the better, now you just need to be patient. I think that from the middle of next year we will be able to notice a gradual increase in prices, so now is a great time for an additional purchase.
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December 06, 2018, 11:53:33 AM
 #259

The bearish market has presented opportunities to buy cheaply and average down your losses and your price of purchase. Complaining will blind you from seeing opportunities. Do something about the cheap prices of quality cryptocurrency and smile later!
That is the point which we all have to understand. We have to learn from it that why the whales dump the price? What they get when the prices of all the coins are dropped? It is because they want to create an opportunity to buy as much coins as possible for them at a lower price.
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December 06, 2018, 12:16:27 PM
 #260

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, like you, lost a lot in that fall. Now I try do not look at the prices of coins, so as do not think about losses. I try to think that maybe they will grow up. I suggest you do the same. It's not worth selling now.
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