borjois56 (OP)
Jr. Member
Offline
Activity: 124
Merit: 1
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November 22, 2018, 02:22:46 AM |
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when all the coins go down, I lose a lot because I bought a lot of coins, what should I do so that I don't lose a lot, please give your input, friend?
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the official Chainx referral exchange event with a prize of 200 usd.
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trinaldao
Copper Member
Legendary
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Activity: 1218
Merit: 1007
Post your ann & bounty just contact me
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November 22, 2018, 02:27:01 AM |
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when all the coins go down, I lose a lot because I bought a lot of coins, what should I do so that I don't lose a lot, please give your input, friend?
Hold your coin, I also lose almost 80% of my assets price because hash war BCHSV and BCHABC
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INVALID BBCODE: close of unopened tag in table (1)
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mary0919
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November 22, 2018, 02:32:05 AM |
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when all the coins go down, I lose a lot because I bought a lot of coins, what should I do so that I don't lose a lot, please give your input, friend?
I guess most of us here are sad because the market is very red, for me this is the right time to buy for good potential coins for a long term investment. I have hold but since the price is down I will wait for the price to goes up anyway this coins is still active in the market. There are lots of coins to buy that have good potential in the future just choose the best.
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rangnatht
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November 22, 2018, 02:32:10 AM |
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Well last few days in the Crypto community is very bad for everyone especially for those who holding. It's a big loss and I am also going through that way. But I am not advising to sold your holding at this cheap price because it's just not make any sense and it's not worth. In this condition if you want to cover your loss then you could buy more and backup your investment. I know so many people can't afford to put more fiat because they already put everything in but this is the things you can recover your loss. A little percentage of your salary if you put in this market then I wish it could be recover your loss..
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coinsycrip09
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November 22, 2018, 02:39:30 AM |
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i have also lost a lot, due to the decline in the market over the past few months. especially this week, i think this is only temporary. in the future, the market will recover, so we should keep holding it until prices return.
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nicecrypto
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November 22, 2018, 02:42:14 AM |
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That is usually what it looks like but I don't think you have lots yet as long as you still have you coins/token in your wallet. The idea for now is for you to be able to HODL those coins till the market returns back and above your buy point. Again it's a normal thing in bear market, value of your investment deepens lower than the point of entry this makes most of the s worry but once you follow the act of HODLing and if your invested projects are not the ones that will die off, then you are sure of recouping once market returns.
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mayan251
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November 22, 2018, 03:31:12 AM |
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Hold on or lose out. The past week has seen a drop in the encryption market as a result of the hard-forked war. Many people lost hope. But we also have to believe in hope. Like the bull market of 2017.
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Whaletale
Copper Member
Newbie
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Activity: 154
Merit: 0
CurioInvest [IEO Live]
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November 22, 2018, 03:36:38 AM |
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Everyone does when ever the market is in the red shape and more reason it is more save to convert to btc in other to save some value as alts will make the lost double while btc can give more value.
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shinratensei_
Legendary
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Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
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November 22, 2018, 04:05:13 AM |
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Everyone does when ever the market is in the red shape and more reason it is more save to convert to btc in other to save some value as alts will make the lost double while btc can give more value.
Agree, stick to btc while the price is down for now. Altcoin is being ripped in the process and no secured guarantee of plausible income. While btc can be of reversal anytime. You can also do some alts but be careful what you picked, since bear market still on thr Go chances to fall down is high. I remember when the time that bullrun, many simply hold out of greed and expecting to experience a total jackpot but seems to fall gradually when the market slumped towards the last few months. Altcoin was drained when bitcoin gets its bearish trend. A lot of people are rushing to convert their altcoin to the bitcoin and then they will be starting to dump it instantly. They are not experiencing to meet the speculation market, they still hold their coins because they thought that crypto can be considered as an investment.
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alani123
Legendary
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Activity: 2534
Merit: 1496
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November 22, 2018, 04:07:12 AM |
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Welp, it's hard to trade without losing sometimes. Wait it out, the price might come back up, or maybe not. Bitcoin is crazy volatile these days. Certainly not great for those that don't have risk tolerance, so don't park large amounts of liquidity with bitcoin if you can't afford losing what you put in it.
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[/tabl
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Shiversnow
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November 22, 2018, 04:09:08 AM |
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when all the coins go down, I lose a lot because I bought a lot of coins, what should I do so that I don't lose a lot, please give your input, friend?
Sad to hear that you lose a lot of money and not only you lose a money but all of us who have cryptocurrencies. Just be patient and think wisely. Hold on or lose out. The past week has seen a drop in the encryption market as a result of the hard-forked war. Many people lost hope. But we also have to believe in hope. Like the bull market of 2017.
I think holding is better than losing out all your money so just hold it mate and do not lose your hope. I really do believe that the price of crypto will rise soon.
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vakaxacompany
Newbie
Offline
Activity: 177
Merit: 0
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November 22, 2018, 04:11:33 AM |
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Me too
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Llaux
Jr. Member
Offline
Activity: 132
Merit: 1
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November 22, 2018, 04:17:57 AM |
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I have to say me too but I still hold because I believe in the projects I invested in. My eyes are on the horizon at this point.
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batang_bitcoin
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November 22, 2018, 04:49:27 AM |
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when all the coins go down, I lose a lot because I bought a lot of coins, what should I do so that I don't lose a lot, please give your input, friend?
The problem is you bought a lot of coins, and the question is what are those coins? what type of coins you bought? If you haven't loss that much then start selling those dust amount of coins and those useless coins that you've bought. Buy bitcoin as the primary key to success here so in the future you will never complain again that your portfolio is dropping much just because of quantity over quality.
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MMS2017
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November 22, 2018, 05:29:29 AM |
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when all the coins go down, I lose a lot because I bought a lot of coins, what should I do so that I don't lose a lot, please give your input, friend?
This is the market risk and it is revolve every time if price of bitcoin or crypto down it shows that something is affected the market and i think that it is not the loss when price dropped but you have to keep patience and take decision at right time.
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Zero1One0
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November 22, 2018, 05:38:07 AM |
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when all the coins go down, I lose a lot because I bought a lot of coins, what should I do so that I don't lose a lot, please give your input, friend?
Set a limit or cut-loss % in value. While we are never really sure when and what level the bottom is, it's always prudent to protect your downside. This market taught me to protect my downside. I would have lost more if I have decided to hodl last Feb-March 2018. Again, only you can determine your strategy to preserve value - Hodl OR sell at a loss and protect the downside. Both will have risk. You can only manage your own risk.
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knuckey
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November 22, 2018, 05:50:46 AM |
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when all the coins go down, I lose a lot because I bought a lot of coins, what should I do so that I don't lose a lot, please give your input, friend?
Don't panic, because you only lose the value of the asset, but your assets will not be lost. If you have chosen the right coin, then do not be afraid and always fold assets when the price is cheap or falling.
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iconoclast
Full Member
Offline
Activity: 770
Merit: 102
Matrix Built On An Ethereum Smart Contract
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November 22, 2018, 05:57:24 AM |
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when all the coins go down, I lose a lot because I bought a lot of coins, what should I do so that I don't lose a lot, please give your input, friend?
You have 3 choices: 1 Sell your coins and turn that paper loss it a real loss. 2 Continue to hold your coins and hope they go up. 3 Buy more coins and consider the down turn a great opportunity to buy more coins really cheap. The one thing you don't have is some magical choice that lets you make money without risk. Remember, only invest what you can afford to lose.
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rosezionjohn
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November 22, 2018, 05:59:02 AM |
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This must be the first time you got into this situation. Many are experiencing the same, some maybe even worse than yours. Unless you have some kind of an emergency situation where you need to cash out, just hold your coins. It is unlikely to have a rally this year but 2019, where many expect a recovery, is not that far either.
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kamar25
Jr. Member
Offline
Activity: 161
Merit: 1
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November 22, 2018, 06:12:49 AM |
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it's not right if you hold Altcoin too long, you better use scalping techniques to reduce your loss rate
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IRONX THE BEST IN TRADING | THE BEST IN CRYPTO Fully Regulated
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