Altcoin dilemma.

[tabas]

What's your plan from the beginning? Are you in a hurry now?

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.

And it's not late for him to wait for the next bull run.

[giammangiato]

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?

You should always monitor the value of your ALTs. Anyway I would keep ETH to the maximum I would consider selling before a dump (with a stop loss) and I would look around for new more futuristic projects

[Jamesdila1]

You are either unlucky or very patient my friend..
It depends on the amount that you invested
If you invested a lot of money.. my advice to you is to exchange your altcoins with ETH and BTC and hodl them since you have already been holding them for a long time now
Or buy tokens/coins with huge potential in the future that are more likely to sustain its prices (xrp/link/tzs/tron/etc) and try to try diversify

[Henrobakkara]

very sad to hear it mate
I only advise you to forget about the portfolio that you have now because selling at a low price only causes you to lose a lot of money. if you still have enough money then I recommend buying again

[blue Snow]

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?

I quoted right post below  ︾ for suggestion

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

and you never late to sell it, Just keep your Ethereum for 2 years from now or sell it when POS FOMO.

[WalkerIVIV]

I created a second portfolio with my holdings with todays prices. Makes me feel better seeing some green!

Glad to see that and what you need to do to re-adjust your portfolios when you are not getting profit from your holding. Can you tell me which you that you have been eliminated it from your list?

[meanwords]

You haven't lose yet if you do not sell those. If you are here in crypto for a short-term trading, then that's a pretty bad move for you to invest in that price, especially if you really need the money. Just hold them for another year or so because now that the halving is done, it is expected that Bitcoin's price would rise in a few months or even a year and we all know that most of the altcoins follow Bitcoin price.

You should know the risk you've taken when you invested in those altcoins.

[Olaphash]

You could have jumped out before you lose so badly. And right now, you are at over 50% lose. You shouldn't sell because you have been holding all for years with hope, so why not continue holding.

[OasisDre]

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?

Such happened to me already, but I'm still holding strong, it might take longer than you could ever thought but you've actually lose if you sell, NEO is a very good altcoin that follows every steps of Bitcoin, everything depends on future value of Bitcoin so relax and keep holding

[AmoreJaz]

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?

I quoted right post below  ︾ for suggestion

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

and you never late to sell it, Just keep your Ethereum for 2 years from now or sell it when POS FOMO.

same suggestion here. based on what the OP stated, I have good feeling with eth in the next couple of years or less. after this Eth 2.0, we may see good progress in terms of its price. right now, it is still doing good but of course it is way below from when the OP bought it. but imo, eth is one of the alts which is worth the wait. so OP just hold on to your eth for now...

[TUMAS]

Is 2.0 still going live in July-ish?

[bitgolden]

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?

You are not just alone. I must be one of them like you who had burnt the fingers by choosing altcoins for investments. As you have mentioned that your prices in USD, I believe you got plenty of chances to reach those price levels regardless of how those coins will be performing but bitcoin price will skyrocket to get you sure profits. But, my case is totally different than you.

Yes, I do calculate my profit/losses in terms of BTC rates. I have bought ADA for example when it was 2000 satoshi and now it is recovering around 800 satoshi after last 4 days of recovery. I bought few ethereum on the prices around 0.035 BTC. I do not calculate my profits in altcoins investments in fiat value because I started my altcoin investments with the plan of maximizing my bitcoin stash; so there is no meaning of calculating my profit levels in fiats.

[Mammothcoin]

Well the best way out of this in my opinion would be to double down on your position. Buy more so that with the upcoming rally, you can easily offset your losses and hopefully make so nice gains. This is no financial advise though but that is what I would do if I were you.

[blue Snow]

Is 2.0 still going live in July-ish?

maybe, something rumors at ethereum birthday on july 2020.

Developers are now eyeing the network’s fifth anniversary, July 30, 2020, for Eth 2.0’s debut.

read :
https://www.coindesk.com/95-confidence-ethereum-developers-pencil-in-july-2020-for-eth-2-0-launch
https://www.reddit.com/r/ethereum/comments/cdg8v6/ama_we_are_the_eth_20_research_team_pt_2/

[Reid]

You modify it and you lose more.
There's still a chance with Ethereum since a staking process will take place.
Don't sell them.

Now, about the other coins, I don't really know what to do with them.
IMO, I will let it stay intact. I won't hurt myself by selling it. It will be long sleepless nights after selling it while knowing I lose a lot.

[TUMAS]

What I did as a feel good factor is that I created a new portfolio with todays prices to mimik selling my stash and buying in at a lower price. At least im seeing green and makes me feel good 

[adibi12]

if I were you I would still hold the coin and wait for the right time to benefit, you must be smart in seeing opportunities, use your funds as well as possible and remain optimistic about the coins you buy, no one knows what will happen in the future, only patience will be your key.

[casperBGD]

if I were you I would still hold the coin and wait for the right time to benefit, you must be smart in seeing opportunities, use your funds as well as possible and remain optimistic about the coins you buy, no one knows what will happen in the future, only patience will be your key.

you should be patient, but also follow news regarding projects that you have investment in, since you can be sure that no future price will be if there is no development on the project, if there is development, you can expect something from your investment in the future, it is not for sure, but first step in the project is to have on-going development

[masterrex]

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?

I feel you mate, I have also experienced that during 2018. I was bought a couple of altcoins to hold and hoping that the price will go up just like bitcoin but I was wrong, In the last quarter of 2018 the market becomes worse and the price of my holdings continued to dip. at first, I was no intention to sell my holdings But in 2019 I've changed my mind to save the remaining value of my holdings even I sell it in a loss.

[Pecunia non olet]

Back to the days when you bought these altcoins, why did you buy them? To sell them in a loss? No probably you saw a big potential there due to the tremendous technology behind them. So continue holding, all of them are working hard to satisfy the investors.