Post
Topic
Board Altcoin Discussion
Re: How to survive if you lose more than 80% of your Capital?
by
Sanugarid
on 03/02/2020, 19:51:17 UTC
Anyways past can't changed. If you are still try to keep you alive in crypto is keep calm, Trust in your choice, and HODL it. One more thing you should be in
a very potential coin, if you are HODLING shit coins, So you need to be brave and jump into a better coins.


The only coin worth hodling is Bitcoin. If you try to hodl alts, and if you are in red because you bought close to the ATH, you are setting yourself up for a 100% loss - because chances for seeing those prices again are extremely slim. The only right course of action is to dump your alts, buy BTC and try to hodl it up until the new peak of the bull market cycle. Good traders know when to cut their losses and look for new opportunities, bad traders are fixated on their investments and wait for them to recover even if it can't happen.
You must change your technique because you can lose all of your money if you continue, maybe you should switch and go on a better plan. But losing this kind of money and still continue your journey is such an awesome decision because I can say that you are really believing that crypto is a good investment. Do not lose hope and you should buy a better token so that you can really earn. Do not sell tokens when it is on a downfall because you are just losing your money. The downfall is normal since the crypto is passive on its volatility in terms of price. So we should wait. There are better projects that you can support. Knowledge is important before taking risks and do your plans.