Post
Topic
Board Altcoin Discussion
Re: How to survive if you lose more than 80% of your Capital?
by
Ashong Salonga
on 08/03/2020, 23:26:06 UTC
As per my perception here is a lot of investor/trader who was comes in at early 2018 or may be in mid of the year. That time was the best time of crypto and ALT coins too. But later on this scenario was converted into downtrend and all coins were falling simultaneously. It was cause of FUD, huge movements in Bitcoin due to whales manipulation. As a result our portfolio was reduced on daily basis. Mostly people were hoping to bounce back market around their buy potion but this was not happen at all.

In that time how we confirmed our loss? When we were realize that market is going up and our coin is not moving we sold it and jumped in running train,
there we confirm our loss.

What was we need to do there was only patience. Because every coin always give you a chance to be survive your self by bouncing back near your buy rates.

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.

Hope this will help you.


Well, I agree on that manner of keeping calm despite of experiencing loss because having panic will not help you at all and might get you into trouble of selling your coins in a low price just to save yourself from a great loss and if that happens, you cannot already get a chance to win back your loss since you have already given up the fight and once you have found that the certain coin you have sold turns out to bounce back from a great loss, then you will just feel regretful about that. So despite of what is happening, we must need to remain calm and keep our patience not to make any decisions that is driven by our emotions to avoid doing regretful things. Any cryptocurrency in the market can do have a chance to win back their losses and only time can tell when so be patient enough and wait until such time happen.