Post
Topic
Board Altcoin Discussion
Re: What do you do when you are over 50% lose on your trades?
by
Omega Weapon
on 17/06/2018, 23:22:41 UTC
On 10th I bought these coins...

QLC             665.39235960        spent 0.04669735 BTC now value 0.02208817                     
DBC           3489.01913490        spent 0.11399558 BTC    now value 0.04789097                     
UTK             999.14623990          spent 0.07351075 BTC now value 0.04367548
TRX         11704.11100000        spent  0.11480700 BTC now value 0.07415842
VTC              43.46405229          spent 0.01995629 BTC now value 0.01713204
MUSIC      6321.99316783          spent 0.04531524 BTC now value 0.02180519

If you notice in all these coins I am in HUGE lose. I am holding this of course. Coz I would never sell my coins in lose. I did in past but learnt my lessons.

How do you handle when you are in my situation.
There is not a definite answer, I am in the same position, one of my investments has been down for months but I still think the development of the coin is going great and I still have faith in the project so I have decided to keep holding my coins and not sell, but if that is not the case and you do not trust the coin can recover at all then it may be a good idea to sell and cut your losses.