HardFireMiner
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February 26, 2020, 03:03:12 PM |
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How to survive if you lose more than 80% of your Capital?
Sell the rest you've got and move on. It's obviously not your thing.
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Gheka
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February 26, 2020, 03:16:25 PM |
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What was we need to do there was only patience. Because every coin always give you a chance to be survive your self by bouncing back near your buy rates.
You need to stop and evaluate again your plan, find the mistakes and fix it, if needed change it. Even you only have 20% it will be enough to get your fund back, keep optimist and disciplines. I don't agree with " hold " because it's depend market volatility, chose wrong coin and keep hold it will create new bankrupt person. Every strategy need patience but sometimes you need to change it become " cut loss ". Recovery and development always start from fixing mistakes, so a review of the project and the method we invest is essential in this story. Next, the holding method should be handled according to what you have mentioned, patience can be good but it's not always good in all cases, when we only have 20% of the capital remaining, we should understand that the project we invest is too bad, the rate of continued loss will be higher if we persevere with it, giving up decisively will at least have the opportunity to preserve the remaining capital and seek other opportunities
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NewRanger
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February 26, 2020, 03:20:58 PM |
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if we lost in major capital , we should not too worry with this.someday its price will recovery again although not comeback to initial buy price. but different condition if we hold unknown token that have no strong community and just used to dump and pump. as long as we didnt sell asset , its loss not liquidated yet.
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Divinespark
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February 26, 2020, 03:45:43 PM |
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Continue to invest with 20% of the remaining capital. But I do not understand why you can lose 80% in this market? You hold shitcoin for a long time and now you want to sell it? In this market, if you are a trader and a smart investor, when you lose 10%, you should cut losses and reinvest in other altcoins.
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timmmers
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February 26, 2020, 04:49:08 PM |
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Many people do not understand that they really didn´t lose anything until they sell their position / coin in a loss. Thats why the best strategy if you already have position that you can sell in 80% loss is HODL. Just relax, if you loose 80% or 100% is pretty same, the mistake was made and only what you can do is pray that situation will get better. In most cases (in crypto) price recover.
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strunberg
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February 26, 2020, 05:04:56 PM |
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i think there is something wrong why we could loss our 80% capital in market, did we have risk management that will controll our mistake in each transaction. if we did this risk management , i am sure we will loss not more thaan 20% for every single open. we must dicipline in our analisys and dicpline to cut loss when we wrong.
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20kevin20
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Activity: 1134
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February 26, 2020, 05:10:50 PM |
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Investors who are cashing out after a 80% crash (~85% from $20k to $3k) have either had weak hands, panicked, do not believe in BTC or haven't been in the game long enough to know there have always been recoveries.
It's quite easy to recover imo from a Bitcoin dump. That is, however, a risk I assume for myself and at any given point my method could turn into an even larger loss. Here is how I would've recovered from the $20k ATH investment:
When the price reached its ATH ($20k), a $100 investment would have been equal to 0.005BTC. After the price had dumped to $3k, 0.005BTC would have been worth $15. In order to recover, if I had invested $100 at ATH, I would've invested another $100 when the price fell to $3k. That would have brought my average purchase price down from $20k to ~$5k and with today's price my portfolio would be up by more than 75%. If you had a +80% loss since 2018 and would've invested at $3k, even if you had invested only 50% of the 2018 investment (in my case, $50), you would've brought the average purchase price down to ~$7k. That's still a +30% overall profit at today's BTC price.
I always do this and it has always worked. I do know, however, that sometimes this could turn into something even worse. But it's a risk I take and assume..
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srcarreira
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February 26, 2020, 05:30:23 PM |
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You can recover is you belief, you should learn trading for fast recovery and I suggest you use Bitcoin not altcoins for trading, if you can keep buying Bitcoin at bottoms you will rise up fast, the most profitable investment now is bitcoin
Do not have this dangerous attitude my friend. Hope and belief has nothing to do with gambling (and yes,,, trading and losing 80% capital definitely means you have been gambling). I would stop. Clearly trading is not for OP and there is no shame to admit that. Take the 20% and tell yourself you learned a good lesson and you will recover when BTC goes x5:) Can't disagree honestly. OP can still trade with some test coins that worth literally nothing just to make progress if he is interested in trading crypto anyway
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PuertoLibre
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February 26, 2020, 05:46:17 PM |
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You can recover is you belief, you should learn trading for fast recovery and I suggest you use Bitcoin not altcoins for trading, if you can keep buying Bitcoin at bottoms you will rise up fast, the most profitable investment now is bitcoin
Do not have this dangerous attitude my friend. Hope and belief has nothing to do with gambling (and yes,,, trading and losing 80% capital definitely means you have been gambling). I would stop. Clearly trading is not for OP and there is no shame to admit that. Take the 20% and tell yourself you learned a good lesson and you will recover when BTC goes x5:) First, you blamed the emotions of the trader and at the last sentence, you wished "hope" for hopeless trader. The hope is not the case here, controlling the risk and accepting the right decisions will only save the trading account unless the trader has no edge. If the trader has the edge in the crypto markets then it is not bad to make risky trades, without bias it is impossible to bear the market in the long run.
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Kasabus
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February 26, 2020, 10:36:44 PM |
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Many people do not understand that they really didn´t lose anything until they sell their position / coin in a loss. Thats why the best strategy if you already have position that you can sell in 80% loss is HODL. Just relax, if you loose 80% or 100% is pretty same, the mistake was made and only what you can do is pray that situation will get better. In most cases (in crypto) price recover. Everyone is losing here particularly when bearish trend hits the market. And you will really lose more if you chose to sell your coins rather than holding it. In times like this, we should keep holding our coins patiently and just wait until the market recovers so we can sell our coins and make profits. Losing 80% of your capital is very frustrating but you need to be more patient and be firm in making decisions so you won't lose more.
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Google+
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February 26, 2020, 10:43:07 PM |
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Many people do not understand that they really didn´t lose anything until they sell their position / coin in a loss. Thats why the best strategy if you already have position that you can sell in 80% loss is HODL. Just relax, if you loose 80% or 100% is pretty same, the mistake was made and only what you can do is pray that situation will get better. In most cases (in crypto) price recover. Everyone is losing here particularly when bearish trend hits the market. And you will really lose more if you chose to sell your coins rather than holding it. In times like this, we should keep holding our coins patiently and just wait until the market recovers so we can sell our coins and make profits. Losing 80% of your capital is very frustrating but you need to be more patient and be firm in making decisions so you won't lose more. usually those traders who have not been able to control their patience still have the potential to panic and sell their assets at low prices and will suffer losses, but for traders who are experienced, they will still hold their assets until the cryptocurrency price at the exchange can recover because there is no other options to wait.
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AliMan
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February 26, 2020, 10:49:52 PM |
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Even in 2019, I lost over 90% of my total investment. But until now I still exist because I tried so hard to earn money. As long as you are not discouraged and give up, you will surely find a way to survive in this market and make a profit from it.
Of course there's always a good options, don't ever dump that asset and instead of being panic always remember to happen to hold it for long term. I know one day altcoins moment will be back, and still I am developing myself towards acquiring confidence on every circumstances that will come at any moment. However, surviving isn't easy but somehow it's rewarding once you'll able to surpass all of it.
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cytpoway121
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February 26, 2020, 10:57:35 PM |
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When you lose 80% of your portfolio, then you need to calm down, because the foundation of your investment is wrong.
Do not just invest because a token has reached its bottom price. Invest because you see a future catalyst set aside by the project team that is capable to push the price of the token higher up in a very near future (2 weeks to 4 months).
Sometimes, some altcoins reach the bottom only to get delisted, so Always DYOR.
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beerlover
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February 28, 2020, 08:23:46 AM |
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It doesn't matter if you are in it for the long term when you are down 80% on your portfolio, lets be real the crypto market is not as active and as bullish as it used to be, it is still bullish compared to all other stuff like stocks and so forth but it is not going to help you get that much money back too quickly, if you bought bitcoin in 2017 and waited until $3k and didn't sell, now you are at $9k which is of course better than the bottom but 50%+ lost from the top as well.
There is only way to get out of such a situation and that is constantly buying, if you keep buying bitcoin every month when you get your pay check (even a small amount) you will end up dropping the average of buy price and you will get a lot more profit a lot more quickly thanks to that.
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istiak2277
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KUWA.ai
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February 28, 2020, 08:35:47 AM |
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Why you invest that money that you can not afford to lose. That's not the proper way of trading. The crypto market is a very unpredictable place so you should be careful when investing. If your holding loses 80% of its value then you should hold them more if the project is developing. There is a chance that it will rise again and also there is no points of selling that coin anymore. If it's a dead project then you should sell what remains.
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TheClownSong
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February 28, 2020, 12:13:39 PM |
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Having a portfolio decline of more than 80% is sure to cause depression and panic. But we also have to analyze the cause of the decline in the value of the investment, whether because of the performance of the coin or token or indeed because of the overall cryptocurrency market conditions. If we hold coins that have large liquidity and are traded in large exchangers and have good products, I think what is needed is patience waiting for the market to recover
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WalkerIVIV
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February 28, 2020, 12:22:15 PM |
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Even in 2019, I lost over 90% of my total investment. But until now I still exist because I tried so hard to earn money. As long as you are not discouraged and give up, you will surely find a way to survive in this market and make a profit from it.
I have got a bit lost like you in the past but i just bet all of my remaining money to the new coins and i have got a bis surprise because i can return my lost. If you will never take an extreme decision to your investment and you will never recover your money back again. You must take something that very risky and gamble with it
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Botnake
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February 28, 2020, 12:33:44 PM |
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There is other way but to just hold it, you are not alone with that problem, I also have a lot of coins which only holds 10% of its value and they have become a shitcoins in my wallet now. However, it's not wise to just dump it and access that I lose, I am still optimistic that it will rise in the long run so I'll hold it no matter what.
Also, you need to continue monitoring the project so you'll get an updated information, and as long as its not dead on development, you'll remain optimistic despite the struggle.
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angrybirdy
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February 28, 2020, 12:36:54 PM |
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These are some ways to survive your loss
1. Reset your investment or your allocation - try to start again, cut your losses and make a better choice this time. 2. Avoid making rush decisions - always keep your cool, a clear mind can solve every situation. 3. Do leverage/margin trading - slowly increase your allocation fund. 4. Analyze your holdings/investment - see if you can find a valid reason to keep holding your investment. 5. Keep calm - the same as number 2, keeping your calm will help you to avoid losing.
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gaston castano
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February 28, 2020, 02:17:09 PM |
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if you have lost so much, there are only two choices left to wait until the market recovers and hope that the price rises again. or you sell all your assets with the value of 20% and try to invest in new coins, both of these methods are just as risky as you just decide which one you want to use.
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