Post
Topic
Board Trading Discussion
Re: Time to Bear the Loss?
by
btc_angela
on 03/11/2017, 11:10:07 UTC
People who bought altcoins with their bitcoins are in a deep and huge loss due to the rise of bitcoin value, there are possible two options for them now, either keep holding their alts and hope that one day they would be able to recover if the alts pump, but with this option, the time invested could be too much.
Second option would be to sell the alts and bear the loss, of course with this option they will get back a very small percentage of the initial bitcoin investment, but there would be a possibility to invest in other coins and maybe recover their loss, or even just keep holding their left bitcoin and in time of course, its USD value be enough to overcome the loss.

What do you think about these option? Are you in this situation too? What do you plan to do about it?

No, I'm not in the situation right now because I'm mostly of a bitcoin guys. For those who have been trapped, is already hard to get out not suffering loses. So that best choice is just to hold on their altcoins and hoping for a pump later when Segwit2x is completed. Most traders now sold of their altcoin to bitcoin, but I'm sure when everything is done in bitcoin, they will go back to altcoin and pump the coins one more.