What would you do to recover your losses?

[WAYToken]

My position is this:
- the crypto market is very young, a global long-term trend is growing, and we are still waiting for more than one or two ascents and even a flight to the moon
- on a growing trend, a loss occurs only when you have fixed it. This is true in a panic sale or death of the asset (if the coin turned out to be a Scam), but if the coin lives and the developers do not give up - on the next rise of the market, even the outsiders who continued to develop, will show strong growth. And even they do not need to reach the last peak (but they will reach it and go further), so you repel your loss - enough to buy now as many coins as were bought at higher prices to average the price become twice less (bought 10 coins for $ 10, and then bought 10 coins for a dollar, in the end you have 20 coins for $ 11 - that is, for 55% of the peak price, and if you buy another 10, the price of all the coins for you will be about 30% of the peak). And Yes, this is true only for live projects, the development of which continues the team, no matter what.

[uralcryptocoin]

You have a long list of altcoin portfolio that have tanked down by 90% since you participated in the ICO.  What was $5000 is now worth $500.  You are at a loss of $4000 and there happen to be an upcoming token sale that is pretty hyped.

You are in desperate need to recover your losses and you plan to invest in that hyped token sale in hope that you can earn 5-10x.  Would you:

1. Pump fresh fiat out of your pocket into the token sale or
2. Trade off the the altcoins you have for BTC/ETH and invest into that hyped token sale.


Share your thoughts.

I have several altcoins that droped even more than by 90%. But I still hold them because now selling is meaningless.
As you said right that was 5k was transformed to less than 500usd
Though several other coins have given me some profit in the same time

[Stavri]

i do nothing. i keep holding the ones that i bought. when the trend is bearish there is not so many things that you can do to recover your losses. if you trust the projects you can just keep holding till the market returns.

[lelylely]

I also suffered losses because crypto prices declined, but in the future crypto can recover and I use a portion of my savings to buy in hopes that in the future it will be a better profit.

[Baimovic]

I also suffered losses because crypto prices declined, but in the future crypto can recover and I use a portion of my savings to buy in hopes that in the future it will be a better profit.

I will invest again and again until I get a profit because if we just wait then the loss will be difficult to replace.
so we really have to work to be able to get more profits because here we are not gambling that only relies on luck.

[jvper]

Another alternative is selling your body. Just kidding... You'd better consider it lesson learned and move on.

[sandgluenick]

i do nothing. i keep holding the ones that i bought. when the trend is bearish there is not so many things that you can do to recover your losses. if you trust the projects you can just keep holding till the market returns.

The easiest thing we can do now is maintain what we currently hold and continue to look for good projects until the pump market returns. We have to fix the coins we hold, sometimes there are some that we have to sell because there is no potential or not good and to prepare a new strategy that is better in the future.

[Korkorjkk]

That's a tough decision. But bear in mind that the coin being hyped might not give you the expected profit. You just have to take chances and sell off some of your coins to but the new one. Or if you think you have some spare money to use for the new coin, then go ahead.

[lutfi-hasan]

That's a tough decision. But bear in mind that the coin being hyped might not give you the expected profit. You just have to take chances and sell off some of your coins to but the new one. Or if you think you have some spare money to use for the new coin, then go ahead.

Yes right, I personally currently buy a lot of coins that are cheap on the market, because if we buy at this time it is a good decision to replace losses in the past, because now prices are cheap.

[Huntler1993]

With such scenario i think many factors could be looked at, the price for the upcoming sales, total supply etc., but  honestly if you hold on and wait for the new token sales you could recover after it. 

[yesyes18]

First of all, the best thing to do to recover loses is to take a break. Taking a break helps you make better analysis (unbiased of course) and then also prevents you from making same mistakes again. After that it'll help you know how to do better what you couldn't do or improve upon it. You can then start your new mission to make fresh profits

[Chachacoin17]

It all depends on how I came to these losses, if it was an investment whose price had fallen dramatically, I would prefer to wait for at least some price recovery.

That's a strong desire to have, and since the price was at recovery stage it's more important to have strong foundation of your emotional upbringing. Don't be fooled by those false news behind you, because once you get in deal with them you can't survive during problems arise. Recovering our losses would take longer time, so when you're in the midst of recovery don't let bar news hinders your goals and instead of panic just focus on your plans.

[jerrison]

one of the major reasons that makes people incur huge amount of losses in the space is because of ignorance and misinformation on or about what things they commit resources to and how. so if i was in such a shoe and i want to minimise the risk exposure within the space i will go for knowledge about anything i consider important that i will like to commit resources to

[heritage35]

One if the secrets to successful investment or maximizing profit, is the ability to always wait for the right time, which simply means the act of being patient. I would not sell hastily, because I gave learnt my lessons from several experiences and will just hold.

[bangjoe]

I am very interested in exchanging all the coins that I have in Bitcoin but I can't do it because besides coins still have the possibility of pumps, the price is very cheap while the types are too much so I will need a lot of money to do that while I will only get some satoshi, so I prefer to wait without doing anything

[Hermes Mercury]

I think that before anything anything learning needs to be understood so that this situation does not recur in the future. Regarding the options, I would choose the second if I had my psychologist shaken. If I had confidence and patience the first option seems feasible, but there is more chance of losing and getting worse. In fact, it's not easy being a trader in the present times.

[mrdeposit]

It all depends on how I came to these losses, if it was an investment whose price had fallen dramatically, I would prefer to wait for at least some price recovery.

In my opinion, investing in thinking about this issue will cause more loss. First of all, you should get out of this psychology, and you should continue to invest as much as you can without worrying about it.

[bartusv]

I would not add more Fiat as I have enough coins and always leave some reserve for investing purposes.
But, in case I do not have enough ETH or BTC for investing   I would sell some of my altcoins
and invest into a perspective project and after making profit with the new investment buying back my altcoins
if they would be  still available.

[zikabra]

Neither. I would deal with my lost and hold tokens until better times come or I would go short on tokens after ICO, it usually work. I prefer method number two, bounty hunters are usually dumping and then price moves up and down, you can really fill your bag with tokens.

[starblocks]

Diversifying into higher risk assets is not necessarily a good strategy unless you can get them at a bargain when they're well oversold and then be patient and wait for them to appreciate again, but this will only benefit you if it is good quality startups you're committing capital to not just any flavor of the week token and especially not any asset that doesn't have a good quality MVP, transparent team, strong marketing and promising partnerships