Quote from: NavySeals on July 10, 2017, 07:58:50 PM

Quote from: Monnt on July 10, 2017, 07:33:01 PM

Quote from: Mellnel on July 10, 2017, 06:42:09 PM

I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.

The first mistake you have done is, investing in altcoins because there will be no guarantee that they will bounce back or not. If you have inveted with bitcoins then I will recommend to wait. But altcoins are highly unstable to recover.
In my opinion you have gambled for your capital. Now you must depend on your luck to recover losses. The second mistake you might have entered without stoploss levels. If you have anything like that then better come out at those levels.

I agree with you, we all started to invest in altcoins in order to obtain the maximum profit. Most of us did not like bitcoin's profit and found it low. That resulted in huge losses in altcoin trading. So, for holders it's still okay. But for the people needing urgent cash, this will be nightmare.

We dont need to hurry when cash out because the we need to invest in trading and think the the money which investing is like lose. So we should have other spare money to spend for daily need. If we can do this, i am sure our trading activity would be fine.