Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Lighthouze on December 11, 2018, 12:38:45 PM
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The crypto world is currently is one replete with so many levels of emotion and reactions various levels of loses experienced by people. While some people are stunned about the monies they've lost, we should also take a minute or two think about people some of these coins at their ATH in December of 2017, people who bought BTC @ $19k, ETH @ $1200 Ripple @ $3, NEO @ $168, etc. Most of these guys have almost lost their entire investment and what is preventing a total is the fact that they're yet to sell, some have chosen to hodl which for me the best decision.
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Many investors who acquired assets in late 2017 or early 2018, by this time most of them had sold their assets during one of the panic selling. Of course, for them it is a huge stress, many are scared away, so for the return of investment to the cryptocurrency must be a very significant event.
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Many investors who acquired assets in late 2017 or early 2018, by this time most of them had sold their assets during one of the panic selling. Of course, for them it is a huge stress, many are scared away, so for the return of investment to the cryptocurrency must be a very significant event.
That's what you called bad timing actually. Everyone who purchased didny expect this to happen, and everyone earned are now buying those losses. What a life right? Those who think wise are really rewarded well. If you sell now, accept the fate of losing.
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To be very honest we should analyse the value of coins in satoshi form rather than in USD if we compare the price of Altcoins with Bitcoin. I agree majority of the investor or traders are in huge loss those who bought at ATH level in the month of Dec 2018 or Early Jan 2018. Now holding is the only way to avoid the loss until market recover back I am also following the same.
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Wait, what? Choosing to hodl even after buying at ATH is the best decision for you? Can you clarify if that is what you meant?