55K loss, how to get back into the game - page 2.

Otsu

full member

Activity: 546

Merit: 100

Quote from: voipnet on December 23, 2018, 08:16:59 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?

Perhaps, the only way to have a chance to recover your loss is to wait for the bull run. Because if you will decide to sell your extra 5k, it will be permanently loss. Just be more patient and keep on believing because sooner or later there will be something good will come in here.

mbluxs

sr. member

Activity: 938

Merit: 250

Quote from: vhns222 on February 03, 2019, 06:45:55 AM

So you mean you needt invested at all or your mistake was in choice of wrong coin?becouse all warket have gone to bear and no matter which coin you would choice .

Right. this might be pure your own fault and also we cannot blame the market. You should understand the investment risk in the cryptocurrency market and you have too much appetite

Genemind

sr. member

Activity: 1596

Merit: 335

Quote from: voipnet on December 23, 2018, 08:16:59 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?

There's no sense grieving on your losses. Learn from your mistakes and try to never commit them again in the future. Take note that a lot of people had lost a lot of money from the recent crash. Slowly get your losses back and stop stressing about the money you have lost. Instead, start something new and keep on trading to get something out of the market.

Matcuda

full member

Activity: 490

Merit: 100

Quote from: ?? on ??

There is no way you can return to the game at this time. You have lost up to 95%. And if you can hold for 5-10 years, if you're lucky, you can get back your lost money. unfortunately when you invested in the wrong time in this market

5-10 years is too long, most likely it will take several times less time, but only if the coins were not already sold, otherwise there is no sense to wait for something

SinLinJim

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Activity: 490

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Quote from: voipnet on December 23, 2018, 08:16:59 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?

Yes, but you still have some money, which means all is not lost and you can easily buy a lot of cheap coins and tokens and return to the game, it is clear that winning the entire amount will not work, but the third part will be a good achievement.

vhns222

full member

Activity: 504

Merit: 105

So you mean you needt invested at all or your mistake was in choice of wrong coin?becouse all warket have gone to bear and no matter which coin you would choice .

adamreb

member

Activity: 434

Merit: 10

I would like to know how you lost such a sum of money, what investments did you make? In any case, I now recommend not to rush the sale of their coins. After all, there are prerequisites for the recovery of the crypto market; already this year, good coins may become more expensive again.

A L I E N

legendary

Activity: 1358

Merit: 1000

Quote from: matricaria on January 03, 2019, 06:16:40 PM

This is a very big loss. I think at the moment you have to change strategy. It seems to me that active trading will bring you more profit.

I do not know what I would do if I 'd lost the same sum of money. 55 thousand is too much for me. Suppose, the guy should weigh all pros and cons of trading and realize if this business is for him, or not.

Ellionise

jr. member

Activity: 168

Merit: 1

Quote from: voipnet on December 23, 2018, 08:16:59 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 think now many altcoins have risen, if you held Ethereum for example I would have fixed part and would have bought lower, so I would have done with all altcoins

Msworld83

copper member

Activity: 448

Merit: 0

StableDex | Decentralized, Secure & Cost Effective

It is a lesson learnt in hard way but it will be nice if the token are good project which you can hold till it recover as market it getting to it bottom time and any time soon might be moon again as many coin are preparing to balance and correct every error.

ninja811

jr. member

Activity: 266

Merit: 1

CurioInvest [IEO Live]

Quote from: voipnet on December 23, 2018, 08:16:59 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?

First of all, I wish you not to get upset and look boldly into the future.
The money that you have lost is big, but if you know the reason for the loss, I understand that these are mistakes on your part, then you have already done a lot on the way to recovery.
Analyze the mistakes made very well, maybe you can fix something and in the future try to prevent them from ever.

jackbauercsgo

copper member

Activity: 507

Merit: 118

Did you learn from your mistakes? Were the losses a result of Fomo/Fud? Was it money you could afford to lose?

Depending on your answers to these questions, you may want to consider giving up trading completely.

Bunsomjelican

sr. member

Activity: 812

Merit: 251

Quote from: voipnet on December 23, 2018, 08:16:59 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?

As long as you never sell it, I don't think you loss your 55k. Its just dump its price value which means you can still recover it, if you will hold in a long term while waiting for the right time or when bull run happens here. But if you sell it, well I could say it will be hard to recover your loss again in the market.

thefoex

full member

Activity: 644

Merit: 101

Quote from: voipnet on December 23, 2018, 08:16:59 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?

my advice is to keep on trading. because that is the only way to be able to return your money. hold is not an option, when I've almost lost everything. sell coins that you think don't have potential and buy good coins like ethereum. and don't hold it for too long, when you get a protif sell and buy another altcoin.

trudovik

member

Activity: 546

Merit: 10

This is a large amount, I am afraid that such money will be difficult to return, but of course it is possible, provided that you show patience and perseverance. And of course if today we are talking about how to earn them, you will need big money.

CoinsOrDie

full member

Activity: 448

Merit: 100

Quote from: newbie-hero on January 08, 2019, 11:59:16 AM

Quote from: voipnet on December 23, 2018, 08:16:59 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?

Unfortunately last year was terrible for all investors. You just need to continue to hold coins until they grow and bring profit. If you sell it now for a pittance you can receive big losses.

I still don't understand why he could lose up to 95%. If he does not sell when the price falls around 20-30%, he is certainly not an investment man. Now there is only one way to hold for a few years and hope the market can go up again

newbie-hero

full member

Activity: 518

Merit: 100

Quote from: voipnet on December 23, 2018, 08:16:59 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?

Unfortunately last year was terrible for all investors. You just need to continue to hold coins until they grow and bring profit. If you sell it now for a pittance you can receive big losses.

the1arty

sr. member

Activity: 756

Merit: 259

Quote from: voipnet on December 23, 2018, 08:16:59 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?

If you have any spare money to invest more, you can buy some more and average your initial price. Otherwise,e it may take a quite long time to get the funds back without any interest. The other thing, if all of those projects will survive or not before the bull run.

Maamejane

member

Activity: 378

Merit: 10

Decentralized Continuous Audit& Reporting Protocol

Well 2018 is the year most crypto investors will not like to hear since there have been some great losses due to the dip in the market. But hey don't lose hope there are definitely better days ahead if only you could patiently wait for. There is absolutely no need for panic selling just hold on.

matricaria

member

Activity: 406

Merit: 10

This is a very big loss. I think at the moment you have to change strategy. It seems to me that active trading will bring you more profit.

Topic: 55K loss, how to get back into the game - page 2. (Read 1479 times)