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Author Topic: Altcoin dilemma.  (Read 771 times)
TheClownSong
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June 03, 2020, 11:31:45 AM
 #61

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?

Selling it now loses, but if it doesn't sell, our portfolio goes down. In my opinion if we hold coins like Ethereum, the rational choice is to hold for the long term. I think the decline in portfolio value is experienced by everyone and we don't need to panic to sell it

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LuciferMorningstar
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June 03, 2020, 12:33:34 PM
 #62

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 holding on the hope that someday, it will bound back then I've bad news for you. You won't see ETH comeback to $500 or Ada unless you decide to hold it very long. By very long I mean that is lock up and throws away the key for years before deciding to check its price. Sound unrealistic, right? It's better for you to cut and goes lower and try to make it back with trading gains from time to time. Much more realistic than sitting around waiting for $500, $300 mark sound more sensible if you want to hodl.
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June 03, 2020, 04:00:22 PM
 #63

Do not sell, hold on it have patience you will need lot of patience don't hurry. Coins you are holding is the best coins all you need is good time and patience. I know how difficult it is but there is no way.

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sana54210
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June 03, 2020, 08:20:55 PM
 #64

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?
Even now seems a bit late to me, you should have said this since and taken action all this while that the price of cryptocurrencies were down due to the Coronavirus. I don't see the need for selling those altcoins at this time, I will advise you to continue holding the coins and if you have money you can buy more coins and add to the ones you already have. And after that you can then wait for what's going to happen next.

From various research that I have made, the price of coins in the cryptocurrency market, especially Bitcoin will be going up. I can't tell when it's going to be, but it's going to happen. I have always believed that the bull run will be this 2020 or next year ending. It's still up to you on what you want to do.

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June 03, 2020, 08:44:43 PM
 #65

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?

first you need to do an analysis with you alts above,,
if you predictions the price from your alts above will down more, just sell it now and buying back in the lower price
second if you can't predict the price, just hold mate, because you hold a very promissing altcoins Wink


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June 03, 2020, 11:58:09 PM
 #66

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?

first you need to do an analysis with you alts above,,
if you predictions the price from your alts above will down more, just sell it now and buying back in the lower price
second if you can't predict the price, just hold mate, because you hold a very promissing altcoins Wink
Yes. You have potential altcoins in your portfolio and i think it will give you huge profits once the market turns to bullish. Just learn to be more patient in holding those altcoins because if it will not make good increase this year, it will eventually happen in the months or years to come. Do not be panic once you see the altcoins rice dump more because it will never stay in that price forever knowing that this crypto market turns its price upside down.

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ahyadinnn
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June 04, 2020, 12:36:14 AM
 #67

Do not sell, hold on it have patience you will need lot of patience don't hurry. Coins you are holding is the best coins all you need is good time and patience. I know how difficult it is but there is no way.
hold it for too long I think it's not good even though it's the best coin, because I also held etherium at a high price for up to 2 years there hasn't been a change and finally I sold my etherium at a cheap price, because at that time the price went down, and even then I was forced to sell it because there was daily needs that I must meet
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June 04, 2020, 04:03:27 AM
 #68

I will rather hold them or would have bee trading them at every great spike and buy lower again just to increase my bag. You are not alone. I made some blunter in 2017 which daily consistency and handwork have since corrected. If you are scared of trading. Just buy more of these coins at their low rate and sell off at profit or keep accumulating for the long term.
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