Post
Topic
Board Altcoin Discussion
Re: Altcoin dilemma.
by
ScamViruS
on 02/06/2020, 19:55:31 UTC
Hi all,

So I had bought a few alts two years ago when we thought that things will keep going up and up. Two years down the line in a pathetic look at my portfolio it hurts. I had gotten in ETH at around 500, ADA at 0.70 and NEO around 80 dollars. What is the best way forward? Sell them and get in lower? modify my portfolio to todays prices or forget them and hope that some day it will go back up?

There are many like you who bought at this price. And now they have lost a lot of funds. I don't think it would be right to sell now that you are in that position. Now be patient and hold your coins. If the market recovers, then there will be a chance to get the funds back. And now if you have some extra funds, you can buy some more coins at a lower price. As a result, if the market recovers, your losses will be recovered quickly. But the risk remains in the crypto market, so don't invest everything.