Re: How to recover when you are down 90% of your portfolio?

Hey guys, my friends and I were down 90% of our crypto portfolio. We bought at the highs and we bought shitcoins. Now we are still down significantly and i just want to ask if you guys have strategy to recover from this? Cheers!

If I were you, the first thing I would do is study how to trade like a professional. If you succeed in this, get rid of your smallest bags which looks dead (no dev, abandoned, etc). Sell them for BTC. Use this BTC to trade.

The most promising ones you keep for the next three years, you never know. You can also try to increase the size of these bags by trading them.

It is bad to hear about your loss but this is uncertain market and you can win and loose anytime. I think you guys will get your value recovered. Not all altcoin are bad, I assume you have ETH and maybe Litecoin and if you see the list for the best coins in the market, they are there. My strategy with Bitcoin when I loose value is I HODL until I reach back my initial value of investment and start gaining. I would have suggested you the same strategy had you had Bitcoin.

recover is a mandatory thing for all traders to do if they lose. but you need a special strategy and introspection first, before trying to recover. you have to know why you can lose that much, and other tips don't be too stressed that you have to recover as soon as possible, just do trading as usual, don't make it too excessive

Its not really mandatory yet it would be suggested to take it slowly when it comes to recovering your loss because if you do stress out yourself too much then it would rather result to more further loss.

Losing is inevitable and going deeply on 90% loss is really very stressful if you are a trader or investor. Finding ways to recover wont really be that easy along the way.