Post
Topic
Board Trading Discussion
Re: Time to Bear the Loss?
by
dunfida
on 03/11/2017, 17:13:00 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?
This thing would really depend on a certain altcoin holder if he would decide to cut loss and put some remaining funds on bitcoin.For me cutting loses on my altcoins wont really happen since I would rather decide to hold it up until it recover than on selling them on cheap.I cant bear the loss because if we do see the price decrease % on most alts as of now they are really on some serious price decrease.If you do have weak hands they youll end up on selling and also you cant be sure if you would able to break even if you do decide to move funds on bitcoin in usd basis.