Post
Topic
Board Trading Discussion
Re: Time to Bear the Loss?
by
pitiflin
on 04/11/2017, 15:17:36 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 am currently holding all my Alts right now,  there is a crash that is expected soon, so with that hope I am not selling any of my alt coins and the alt coins I have invested have a really good potential, so no use of panic selling it.
Assuming that, if you sell your alts at a loss, the amount of bitcoin you'll get will be comparatively way lesser than what you had invested, and literally all alt coins are facing a terrible situation and reinvesting is not suggested.