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Topic: 55K loss, how to get back into the game - page 8. (Read 15506 times)

newbie
Activity: 14
Merit: 0
December 24, 2018, 12:23:36 AM
#5
I would say invest in bonds or blue chips. Cryptocoin is too speculative and volatile
full member
Activity: 335
Merit: 100
December 24, 2018, 12:17:26 AM
#4
Are you serious? why at that time did you not cut loss and prefer to keep hodl them? you should it not take this decision because sometimes hodl isn't the best solution. Because the value of your investment has dropped by almost 95% it seems very difficult to recover, unless you have a reserve fund to increase the number of portfolio. But this still does not guarantee that your capital will return fully.
hero member
Activity: 3080
Merit: 603
December 23, 2018, 11:19:30 PM
#3
As long as you haven't sold your assets with a value of $5,000 then you should keep on holding it.

Looks the rebound is starting to show its strength at the end of the year. Bitcoin is moving up, ethereum is moving up and other alts are also going to that position so you just need to be patient and see if 2019 will make your $5,000 to $60,000 again.
full member
Activity: 700
Merit: 136
December 23, 2018, 07:13:22 PM
#2
2019 should be a good year and hopefully market will be back at old highs again. Most investors are sitting at big paper losses so do not sell now but hold on for the next big bull run.
newbie
Activity: 5
Merit: 0
December 23, 2018, 07:05:44 PM
#1
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?
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