Re: Getting tired of waiting

I dont know how much more. My $1350 investment is worth $526.78 as of this moment.My coins were BTH, LTC, and ETH.

Well this is just too sad. This is one of the factors that investors are concerned of, losing profit because of deflation but theres no point of giving up. Besides its still not the end of the year, why not hodl on a little more?

Actually i think there is no other option left, than to wait for the market to recover. If he sell his portfolio now in loss, he will be forever in loss.
The key to note is that even if your portfolio is in loss, you are actually not in a loss, unless you less in loss.
So I would suggest to wait for few more month and defiantly all the prices will recover.

But if the market is not recovering for a long time then we need to move to some other altcoin, where we do some trade and can make money, and when we realize that the market is now going to recover its position then you should move to bitcoin and can hold it again. But to choose altcoin it need a very good study and analysis.

Well before even making an investment, i think you should already prepare yourself to wait for a long time because we can't really foresee how the market will move. Selling at a loss, well this big of a loss, would be traumatic and would probably make you stay away from btc and crypto.

we can ask our friends about how long to wait for the reverse of the price but I think the answer is no one will know. maybe we need to find our self in a way so we don't have to get bored of waiting for the price increase. I think sometimes I feel this too and I think to solve this, we can do another thing like play games, take a vacation, or just to sleep and don't think about the market. there is a time for the market to gets recover and no matter how long, I am sure that we can be patient for a while.