55K loss, how to get back into the game - page 3.

conected

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Quote from: Evil Genius on January 12, 2019, 05:25:56 AM

Quote from: voipnet on December 23, 2018, 07:05:44 PM

Folks, what a terrible year 2018 has been so far. I invested around 60K and now left with 5K. I did terrible mistakes and I hope there would be a turnaround sometime next year or so. Any suggestions?

do not try to recoup! You will just lose money again

- Perhaps you're right, he will continue to lose money again when he tries to find recovery because from the perspective of a trader and an investor, I feel that he is really not suitable for trading, this failure is the clearest proof of that. However, if he still does not accept this truth and still wants to return to recover the loss, he should understand the mistakes he made, summarizing knowledge and learning about trading seriously, loss may recover but it will not be all, recovering all losses is beyond his capacity

vhns222

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Not just you bu i think most users here as all market has droped and my coins which price was 100k + now a little more than 8k + so you are not alone about suggestion keep holdin if you are not good trader.

DonFacundo

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Did you sell them? what a big loss for you, I think it's time for you to learn trading so that you can recover your losses.

bitcoin31

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Im so sad of what happen to you. Not only you are losing money because there still some peolle who lose bigger than you already lose but the good to them they still believe to cryptocurrency to get again their money recover and I hope also you too is like them. Other lose for sure millions of dollars who are the really big investor and the other like hundreds thousands of dollars and they still here they are keep investing even they lose big.

Barcode_

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Quote from: ukloon on January 11, 2019, 12:35:00 PM

The OP is not the only one that this has happened to, many people have lost 90% of their portfolio. I even saw a tweet today about 1 guy who lost $1 million on bitcoin, i bet he is hurting really bad right about now

A lot of investors have already lost huge amount of their hard earned money in this crypto-currencies bear market, I believe a lot of investors might just choose to avoid investing into crypto-currencies again even if the values of bitcoin manage to hit $20,000 USD again in the future, as they might have totally lost the confidence in crypto-currencies already.

Prosperityforall

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I wish I could increase my portfolio to 55 k on this negative market, but now it seems like impossible!
Hope things will be changed then!

Evil Genius

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Quote from: voipnet on December 23, 2018, 07:05:44 PM

Folks, what a terrible year 2018 has been so far. I invested around 60K and now left with 5K. I did terrible mistakes and I hope there would be a turnaround sometime next year or so. Any suggestions?

do not try to recoup! You will just lose money again

peter0425

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Damn, $55K lost? That's huge baby!!! I don't know maybe I will take a break for a while and have a rest, sort of a reset. And maybe took that time to really figure out what went wrong and go back but this time try to be cautious, or better yet just stay away from the market because the conditions is getting worst. Just return at the start of the bull run so that at least you can recover some of the money you lost.

icalical

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Oh, damn poor you man, I don't know if I could handle 55k lost, I guess the only thing you could do is learn from your mistake and just hodl on your current portfolio. Even if you sell it and speculate on other coin it would be harder to get your 55k back. Just hodl on your current coin is the best option.

funnymonkey666

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Quote from: voipnet on December 23, 2018, 07:05:44 PM

Folks, what a terrible year 2018 has been so far. I invested around 60K and now left with 5K. I did terrible mistakes and I hope there would be a turnaround sometime next year or so. Any suggestions?

I am very,very sorry to hear of your losses, and from your post date stamp, right on Christmas Eve, it must be a very tough thing to go through. That's OK we have all been in your shoes once, twice and maybe even three times. Its is a learning lesson. I am making super gains from this altcoin https://youtu.be/r3hfBVADejo

coco23

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Quote from: Febo on January 03, 2019, 02:33:25 PM

Quote from: voipnet on December 23, 2018, 07:05:44 PM

Folks, what a terrible year 2018 has been so far. I invested around 60K and now left with 5K. I did terrible mistakes and I hope there would be a turnaround sometime next year or so. Any suggestions?

One thing is sure. We cant lose that much as we did in 2018 anymore in 2019. Impossible. This year will be way better. If we will lose more we will way less.

Well, for an invested participant this is true in absolute terms. If you are down more than 50% in 2018 than you can't lose more in 2019 Cheesy

Let's see how it will go, the bear market can continue for a bit longer...

ukloon

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The OP is not the only one that this has happened to, many people have lost 90% of their portfolio. I even saw a tweet today about 1 guy who lost $1 million on bitcoin, i bet he is hurting really bad right about now

myohmy81

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Quote from: voipnet on December 23, 2018, 07:05:44 PM

Folks, what a terrible year 2018 has been so far. I invested around 60K and now left with 5K. I did terrible mistakes and I hope there would be a turnaround sometime next year or so. Any suggestions?

Don't lost hope as everything will be back to normal, just keep holding your token as those will worth higher once the market will recovers. I suggest you to buy those good quality coins while the prices are still affordable to get back your losses. I hope you had learn a lesson on your mistakes that will give you idea in dealing a right project to put your money. Invest only a little amount in the beginning and once you get a good result then increase your investment.

styca

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Quote from: voipnet on December 23, 2018, 07:05:44 PM

Folks, what a terrible year 2018 has been so far. I invested around 60K and now left with 5K. I did terrible mistakes and I hope there would be a turnaround sometime next year or so. Any suggestions?

A lot of us have experienced similar. Best thing is to not panic, and think about why you got into crypto in the first place. The reason I got in is because I could see how hugely transformative the tech can be, and what an exciting opportunity it was to get involved at this early stage (and it is still early). All it takes is some thinking about the next few years, maybe next decade, and crypto will be everywhere. Those losses at the moment will likely be more than reversed as the good coins hit new ATHs.

doycku

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Quote from: Krabat on January 10, 2019, 02:14:05 PM

There are only way that can drastically help change your situation will be reinvestment. You need to choose a quality project of not very large capitalization And good growth potential, and invest your money in it. I did the same thing and invested part of my money in the Etheera project, this is a Swiss project related to real estate, and over the last two months I have already increased the size of my investments five times, you can follow my example, because I think that this coin has a growth potential very large.

You are really a risky person and therefore, without much hesitation, filled his portfolio with various kinds of coins. It seems to me that the current state of the cryptocurrency market can have a very negative impact on certain projects, which so far have been very promising.

Krabat

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There are only way that can drastically help change your situation will be reinvestment. You need to choose a quality project of not very large capitalization And good growth potential, and invest your money in it. I did the same thing and invested part of my money in the Etheera project, this is a Swiss project related to real estate, and over the last two months I have already increased the size of my investments five times, you can follow my example, because I think that this coin has a growth potential very large.

jacafbiz

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Sorry for your loss, but almost everyone in 2018 lost money in 2018, most if not all the coins and tokens dropped in value in 2018. I for one do not know if these coins are going to regain their value because a tokens that lose 90% of its value and have no working product, it is very hard to bet on te future of the project

Febo

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Quote from: AlyattesLydia on January 03, 2019, 02:52:11 PM

Quote from: voipnet on December 23, 2018, 07:05:44 PM

Folks, what a terrible year 2018 has been so far. I invested around 60K and now left with 5K. I did terrible mistakes and I hope there would be a turnaround sometime next year or so. Any suggestions?

I'm having a similar situation. There were 55k, now it looks like 5k. It's hard to reach those coins again without a big rise. BTC should be at least 30k.

Bitcoin will not be $30k for next 2-3 years. And will be close to $30k 4-5 years from now again.

AlyattesLydia

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Quote from: voipnet on December 23, 2018, 07:05:44 PM

Folks, what a terrible year 2018 has been so far. I invested around 60K and now left with 5K. I did terrible mistakes and I hope there would be a turnaround sometime next year or so. Any suggestions?

I'm having a similar situation. There were 55k, now it looks like 5k. It's hard to reach those coins again without a big rise. BTC should be at least 30k.

Febo

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Activity: 2730

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Quote from: voipnet on December 23, 2018, 07:05:44 PM

Folks, what a terrible year 2018 has been so far. I invested around 60K and now left with 5K. I did terrible mistakes and I hope there would be a turnaround sometime next year or so. Any suggestions?

One thing is sure. We cant lose that much as we did in 2018 anymore in 2019. Impossible. This year will be way better. If we will lose more we will way less.

Topic: 55K loss, how to get back into the game - page 3. (Read 15488 times)