Post
Topic
Board Speculation (Altcoins)
Re: How much is your altcoin down since January?
by
Fasunathan
on 30/05/2018, 23:45:05 UTC
Let's help the new buyers choosing in what to buy. Here're mine two which are down like 90% in ROI:

1. ITC: $9.15 ATH in January and currently $0.92.

2. SelfKey: $0.08 ATH in January and currently $0.01.

Those figures are pretty bad. I guess thats why STOP LOSSES are very important. Make sure you set them a comfortable level at which you are willing to lose.

On my end i've only invested mostly in "blue chip" cryptocurrencies like Bitcoin and Ethereum. I'm down from $1200 to $700 on ETH but the upside potential is really good. For Bitcoin i'm down from $13000 to $8500 but again, i am optimistic the price will recover easily.
Since you only invested in good coins you have nothing to fear the problem are all of those people that invested in coins that were just starting out, even a good project will have a lot of problems to survive under the current conditions, and this is true as well for new projects that are having problems getting enough funds to become something more than a good idea.

The massive downfall has really been affected a lot of cryptocurrency and due to bitcoin's price crashing down all altcoins had fallen its value. Most of the coins I had was really struggling to have good price  right now as its falling 70% of its value since last year's price outbreak. However am still hopefull thaf this will not remain worst than before,  because am still postive thag we will see the great price between alts and bitcoin this 2018.