My altcoins are down... by a lot

[Sephire]

Most altcoins have been absolutely hammered in price so most investors are sitting on paper losses. This won't last forever and this correction should end once any year end tax loss selling is over.

[Partisson]

This year maybe all altcoin holders are experiencing a crisis, and this is felt not only by investors but by bounty hunters too, for now maybe what should be done is to save it first and wait for the market to recover.

I don't know how long the market will fall like this, the seniors have predicted that in the next year the market will recover soon, I just want to see it and pay attention.

[manbota]

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

Yes, this problem is now relevant for almost all investors. Many have lost their money because of this situation with the prices on the crypto market. I am sure that now, in any case, there is no need to panic - selling coins will now be a disadvantageous decision.

[bennypagulayan]

Nowadays, almost everyone is losing money so do not expect too much in this market, their prices have dropped and they continue to fall, they can not increase so do not expect anymore.

[yacare]

It's simple. You can sell and get losses, you can wait and get a good income. I personally chose the second option, it is the most acceptable. Here everyone chooses what to do

[ballerin and giroud]

Nowadays, almost everyone is losing money so do not expect too much in this market, their prices have dropped and they continue to fall, they can not increase so do not expect anymore.

Should we leave? or should you go? everyone has different reasons when starting an investment. For everyone they invest because they want to get instant profit and don't want to go through a number of processes that will hurt, maybe this is the type of person you are. And for some people they invest because they have gained a high understanding of the future of the cryptocurrency so that when the decline like now they will ignore it.

[malibubaby]

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

MSP and KMD are also the best project so far here in crypto. Just wait until the market or maybe buy more at this dip. My porfolio is in  80% loss too, but I believe that in the future my money will be doubled or x10. Crossed fingers.

[whiteblue]

it has become very natural if the price of the cryptocurrency in the exchange falls like a few days ago, all traders who have a cryptocurrency will also be affected by a reduction in estimated assets.

[Maxre]

if it's like this if I'm so you will still hold and won't sell anything from my altcoin.
because in just one year you can wait and hold it back,
do not because of things like this you become increasingly losers.

[joelsamuya]

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 am not really sure if the market could recover or not, but still i have a faith that in the next coming year, i would assume that, alla re high

[mirawantirinjana]

keep calm, not only do you have the incident, I have experienced it a number of times, some altcoins like CBT (Cibus Token) are one of them. they become worthless and become shitcoin

[okan]

my coins dropped 95%
some drooped 99% nearly.

it was really a bad experience.

[South Park]

my coins dropped 95%
some drooped 99% nearly.

it was really a bad experience.

That is awful, a coin dropping that much in its price is probably never going to recover, I really hope that you did not invested a lot of money in it because you probably know that if a coin reaches that point it is not going to recover, that has never happened to me and I hope to never make an investment so bad that I lose almost all my money because I will be unable to deal with such losses.

[karankamaze]

my coins dropped 95%
some drooped 99% nearly.

it was really a bad experience.

That is awful, a coin dropping that much in its price is probably never going to recover, I really hope that you did not invested a lot of money in it because you probably know that if a coin reaches that point it is not going to recover, that has never happened to me and I hope to never make an investment so bad that I lose almost all my money because I will be unable to deal with such losses.

almost all of the traders and crypto investors will certainly get a very bad trial this year because all the prices of coins in the market have dropped dramatically.
remain optimistic even though the coins invested fall very deep in the next year will definitely be able to rise again, everyone of course does not want to experience anything bad but indeed the market conditions like this cannot do anything else.

[renemagritte]

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.

[ZzV1Finn]

If you believe in the selected coins, then of course they should be kept as long as possible, and if you understand that the probability of growth is zero, then sell until the price finally collapsed.

[Mommynigabby]

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

me as well. some of my altcoins are worth 500 usd a few months back but now it's down to 5USD. It's crazy but it's happening in real life. I suggest that you hold while we are in this bearish market. they are worth nothing at this time anyway do might as well just Hodl.

[cramcram21]

Everything is down right now only few alt-coin is recovering right now,
I can't really say that it is gaining profit specially if you invested about a month ago.

[glowing10]

Everything is down right now only few alt-coin is recovering right now,
I can't really say that it is gaining profit specially if you invested about a month ago.

Yes if people who had just invested a month back or around 5k range than their portfolio would be down. But do not have to worry much as this will be recovered quickly and might not take much time if bull run begins the amount could be recovered in a day or two itself and then it would profit booking.

[onebtcforlife]

Yes, most of the potential coins went very low in the market which makes many investors buy more coins in the market. It is the right time to grab many coins in the market, it is a very good time to grab as many coins as possible because once the market starts recovering we can easily make a very good profit.