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Author Topic: Altcoin dilemma.  (Read 771 times)
TUMAS (OP)
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June 01, 2020, 12:42:22 PM
 #1

Hi all,

So I had bought a few alts two years ago when we thought that things will keep going up and up. Two years down the line in a pathetic look at my portfolio it hurts. I had gotten in ETH at around 500, ADA at 0.70 and NEO around 80 dollars. What is the best way forward? Sell them and get in lower? modify my portfolio to todays prices or forget them and hope that some day it will go back up?
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June 01, 2020, 01:35:27 PM
 #2

Hi all,

So I had bought a few alts two years ago when we thought that things will keep going up and up. Two years down the line in a pathetic look at my portfolio it hurts. I had gotten in ETH at around 500, ADA at 0.70 and NEO around 80 dollars. What is the best way forward? Sell them and get in lower? modify my portfolio to todays prices or forget them and hope that some day it will go back up?

sorry to heard about that my friend
its better to hold your altcoins, because you hold the right alts my friend, and thats why you should increase your patience,,
hopefully this year everything will be better

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June 01, 2020, 01:50:52 PM
 #3

Hi all,

So I had bought a few alts two years ago when we thought that things will keep going up and up. Two years down the line in a pathetic look at my portfolio it hurts. I had gotten in ETH at around 500, ADA at 0.70 and NEO around 80 dollars. What is the best way forward? Sell them and get in lower? modify my portfolio to todays prices or forget them and hope that some day it will go back up?

do not have much to say to you, but i would not sell at the moment, it is just after halvening, and if it does not go up in next year and half, probably would not go up after as well, so i would wait that period, but you should decide for yourself

all three coins look promising, ETH is waiting for ETH 2.0 launch, ADA development is promising with Shelley roll-out, and NEO is also in good progress
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June 01, 2020, 02:07:43 PM
 #4

Don't hold altcoins, sell it, buy Bitcoin and Hold it for 3-5 years.

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June 01, 2020, 02:22:13 PM
 #5

modify my portfolio to todays prices or forget them and hope that some day it will go back up?
this is a good thought and step if you consider it all, don't panic, be patient, and wait, someday everything Altcoin will experience glory again.

Not only do you experience the same thing when buying a certain Altcoin at a slightly high price at first, but now it continues to decline.
I also experienced the same thing, calm down friend, everything will be fine, keep in mind, that now you are investing in the long term one or two years to come.

R


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June 01, 2020, 02:26:53 PM
 #6

Hi all,

So I had bought a few alts two years ago when we thought that things will keep going up and up. Two years down the line in a pathetic look at my portfolio it hurts. I had gotten in ETH at around 500, ADA at 0.70 and NEO around 80 dollars. What is the best way forward? Sell them and get in lower? modify my portfolio to todays prices or forget them and hope that some day it will go back up?
If you are still holding ethereum and just keep it all in your wallet. You should wait until the next big wave that will be coming from the ethereum 2.0 to recover your lost.

All of your coins are good coins except NEO.

Just hodl them all right now.

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TUMAS (OP)
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June 01, 2020, 02:28:39 PM
 #7

I created a second portfolio with my holdings with todays prices. Makes me feel better seeing some green!
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June 01, 2020, 02:33:46 PM
 #8

Everything can happen, so too prices can change quickly, in the past the price of ETH alone reached 1500 $ and now only 200 $, all of which were profitable and some were disadvantaged.  My advice is not to store all assets in crypto, because the risk is greater

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June 01, 2020, 02:39:04 PM
 #9

I think you should hold onto your altcoins :


Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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June 01, 2020, 02:39:53 PM
 #10



And where the graph is at its highest I bought.........
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June 01, 2020, 02:42:09 PM
 #11

i would wait and see if Bitcoin dominance (65,1%) continues to weaken, giving room to further Altcoins dominance.

Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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June 01, 2020, 02:50:06 PM
 #12

IMO, be patient. We're already going to that point of reversal and if you still have all the patience, keep it and wait until it reaches back or if not, at least near to the bought price for those altcoins. But, if you are in a rush and you don't mind selling them, it's in your hands and up to your strategy how you'll use the money that shall return to you. If you don't mind telling us, how much we're talking in here on ETH, ADA and NEO. How much money you have invested for each of them when you bought?



 

 

 

 

 

 


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June 01, 2020, 03:13:32 PM
 #13

Hi all,

So I had bought a few alts two years ago when we thought that things will keep going up and up. Two years down the line in a pathetic look at my portfolio it hurts. I had gotten in ETH at around 500, ADA at 0.70 and NEO around 80 dollars. What is the best way forward? Sell them and get in lower? modify my portfolio to todays prices or forget them and hope that some day it will go back up?

Sorry to hear that you lost a lot when the altcoin crash.  I think we are in the same boat, but I never lose hope.  As long as the developer is still active and the altcoin is trading well in the market, there is still a possibility for a rebound but I think it will take time. 

I would say take the the forget and hold option (though you should always be updated on the prices and development so that you can sell if things goes really bad such as dev abandoning the project), just hold them and wait till it bounces back. 

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June 01, 2020, 03:34:46 PM
 #14

If you buy some altcoin higher than the current price then the best advice is to hold it because if we sell low at the current price it still won't cover your losses, let alone modify the current price, it still fluctuates, not sure when it will be stable.

Halving has been completed and if you look at history there is always a good increase so it is better that we wait for the right time in the next few months compared to have to modify your portfolio.
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June 01, 2020, 03:48:34 PM
 #15

Hi all,

So I had bought a few alts two years ago when we thought that things will keep going up and up. Two years down the line in a pathetic look at my portfolio it hurts. I had gotten in ETH at around 500, ADA at 0.70 and NEO around 80 dollars. What is the best way forward? Sell them and get in lower? modify my portfolio to todays prices or forget them and hope that some day it will go back up?

There is no dilemma about altcoins, the only present dilemma that I know of is individuals.

Do your own research, and never blame a loss on dilemma, instead figure out why it happened and work it out

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June 01, 2020, 03:51:17 PM
 #16

It would be better to buy more to decrease your average price as coin prices are lower these days. If you want to actively trade for profit, you can first bring down your average price and sell for smaller profits and buying on smaller drops. Selling all of them would not be a good idea as you still need to invest that money somewhere and the three coins you've invested in have a good potential in near future.



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June 01, 2020, 03:55:43 PM
 #17

why the dilemma ?, if we want to invest make sure the altcoin you choose is a good project,
if you want to be safe, then choose the top 20 coinmarketcap and invest your money there

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June 01, 2020, 04:07:13 PM
 #18

Your not alone in that situation we cannot deny frustrations but as long as you’re not selling anything yet then the game is not yet over. Just hold onto it, it will take time before those coins rise again for the meantime the best option is “patience”.
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June 01, 2020, 04:20:18 PM
 #19

Hi all,

So I had bought a few alts two years ago when we thought that things will keep going up and up. Two years down the line in a pathetic look at my portfolio it hurts. I had gotten in ETH at around 500, ADA at 0.70 and NEO around 80 dollars. What is the best way forward? Sell them and get in lower? modify my portfolio to todays prices or forget them and hope that some day it will go back up?

Ask yourself why you bough them. If reasons still stands then simply buy more to lower your average buy price. If reasons are gone then sell them. There is no middle way. If you bough them without any reason then ....
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June 01, 2020, 04:22:15 PM
 #20


Its too late for you to sell and if you do that today, you will once again lose the opportunity and that's a double burn. Don't make it worse by dumping what was dumped in the past 2 years. You are not the only who lost money but a lot of us are into this wagon trying to make money out of the investment we put. Now patience is another thing to control.

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