Post
Topic
Board Trading Discussion
Re: Time to Bear the Loss?
by
clrpod
on 03/11/2017, 11:29:33 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?

I do find myself in this situation to an extent but fortunately I'm not very heavily invested in alts, I've managed to day trade with the holdings I did have so that even with the price crashes I've nearly maintained my amount of bitcoin at current prices so I see no reason to sell now because if alts recover as expected I'll profit a very nice amount