I had bought #potcoin in April 2018 and like most of Altcoin prices I am down for about 90%. So nothing that I could ever do but to be patient and hold my Potcoins until maybe they would pump it to more than the amount that I bought it from.
Of course I will not break the golden rule of trading cryptos or in trading anything for that matter, which is "not to sell for a loss". Anyway it is not just potcoin is down but most of Altcoins out there so it is just like any other investment and so now time will tell if I would really loss all of it or not but at least there are communities for potcoin that supports the network and I am one of it.
The good thing for holding potcoin is that you can stake it. If you happen to synchronize the desktop wallet it will give you dividends because you will get rewarded with potcoin tokens.
So for me this is just an investment instrument that just needs time to pay-off. But maybe that event would only happen if BTC reaches at around the 20K price range which could trigger the Altcoin season once again like what is happening right now although still most of Altcoins are still down at around 90% from their all-time high price value.
Did I make a mistake in ever buying this cryptos, I would say yes if I had sold them for a loss. I do not want to do that and will just hold them until I can see the price level that I can profit from. There is still hope that it will happen because of the main proponent which is the BTC price. They say that with a high risk comes with a high reward, that is true and I can still see the reward over the horizon and maybe I am right. Do you own Altcoins?
