some portfolios may drive in to 70% loss. but do not sell please hodl.
you know if you tell this to a financial expert they will most probably have a heart attack either because of the shock or because they will fall on the floor bursting with laughter.
you are basically telling people to lose almost all their investment and continue losing more and do nothing about it!!! do you honestly think that is a wise choice?
it is no secret that i think altcoins are shitcoins, it is clear from my post history but lets assume they are the best thing in the wold all all of them will be worth $1 million one day. that still won't justify holding them while they are getting dumped and while you are losing something like 70% to 90% of your investment!
you must sell when there is a dump going on to prevent your investment, then invest back at the bottom IF you really think they will rise back upThis is some really bad advice. No one can accurately predict anything in this extremely volatile cryptocurrency market. It is completely possible for the market to reverse from a bearish market to a bull market at any time which would help in recovering your initial investment and profit on top of that. Selling all your coins and tokens just because everyone else are selling is not always the wise choice. If this were to happen, Bitcoin and all altcoins would effectively hit zero and the whole cryptocurrency market would disappear which is an unlikely scenario.