Post
Topic
Board Trading Discussion
Re: How to recover when you are down 90% of your portfolio?
by
Pattart
on 11/05/2019, 05:04:50 UTC
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!
You can recover it by invest in bitcoin when its price start to rise. Just hold it for long term. Maybe you need to hold it for 4-5 years. Actually there are many ways beside invest in cryptocurrency. You can buy property then rent it. I think it can give better profit, but you need big capital and knowledge to do it. If you still brave to take more risk then invest in ICO will be good as long as you choose good ICO project to invest.
That's a very bad idea, he knew that he bought shitcoin and the price fell and made him lose 90%. what do you expect from shitcoin which has a price that falls to almost worthless? there is no choice but to sell it and try to be more selective in choosing coins, don't buy when the price is high dude, buy it when the price is in dip