Post
Topic
Board Speculation (Altcoins)
Re: Alt market cap in crash
by
justspare
on 21/09/2018, 15:21:06 UTC
I sympathize with all those who just kept the cryptocurrency from January to today. I am one of that number and have lost over 120 thousand dollars
It can be shitty and depressing to actually see your wallet go down hugely in value and it is understandable because people will always tend to want to find a reason why they should be worried rather than finding a way to make amendment. No one is above mistake, shit happens, what is important is to learn from those mistakes and make better decisions later on. It is crazy to see how much money has moved out from alts, but I guess it is what it is and there is nothing anyone can easily do about it.

Right now, few altcoins are trading in green but that is not the scenario to assume that you will enter into profit zones as long persisting crash market must need at least month long green days to enable us to see ourselves in profits.

If you are selling now at loss, then you are obviously making a terrible mistake. As long as you have been holding and you have not sold, then it is better to just simply hold on to what you have now and be looking for ways to be buying the bottom if you have extra cash. The market will always recover at some point as long as it is not dead and by buying the bottom, you compensate yourself with the profit when the market picks up and for waiting for such a long time while learning from the mistakes you made in the past that brought you into such shitty situation in the first place.