Post
Topic
Board Speculation (Altcoins)
Re: My altcoins are down... by a lot
by
styca
on 04/12/2018, 09:12:54 UTC
Hi,
So I’ve invested a bit of money into altcoins about a year ago, and did a bit of trading but then slowly lost the track of it... Until today, where I found my ledger in my closet and decided to give it another look.
So here I am now looking at my coins , and thinking on what to do... Hold on? Sell?...
I’ve got:

KMD EDG MSP

I’m down about 60% of my investment.

Any advice is appreciated!


EDIT: Yeah my entries are all super high tbh haha

EDIT 2:I’ve got quite a bit of faith in MSP & KMD Not sure about EDG though

The crucial point I think is that you still have faith in two of them long-term. In that case you can either just hold, or else sell and re-buy as the price drops to accumulate more. If you're losing fiath in one of them, then you wouldn't lose much by selling it and buying a different coin because everything has dropped, so whatever you buy will likely rise in the future.