55K loss, how to get back into the game - page 6.

Proc.dev

full member

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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?

Already you lost more than 90% of investment. Only 10% remains. And it is not so important in compare with initial.
If you invested in coins hold them for two year. Just forget about them for a time.
But if you invested in mining equipment at it's peak one can only feel for.

Gontxi

sr. member

Activity: 966

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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?

I don't think it's just you who feel a big loss in the crypto industry. we all experience heavy losses from investment or trade. this is the risk, you know that
but there is a lot we can do instead of just holding altcoin or bitcoin. maybe trading can be an option in this discussion. but still you have to take into account all the risks

kidbounty

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Activity: 1064

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HELENA

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?

You should sell yesterday, when the price hasn't been like this. I've often reminded others about the dangers of holding. many people misinterpret HODL, they think the benefits can come only by holding a coin.

Ryananda

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Activity: 812

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my advice continues to work well in 2019 and always strives to be good and don't make mistakes again,
making past mistakes a valuable lesson in life.

sudeshkumar

jr. member

Activity: 126

Merit: 1

THE ENERGY EFFICIENCY PROTOCOL

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?

No option left except holding the coins in whatever you have invested ,because your investment has already reduced to 1/12th .At this stage one thing you can do to convert your investment after research in good coins .

braves182

full member

Activity: 476

Merit: 100

The BISTOX exchange - OWN WHAT YOU TRADE

I wouldn't argue that the trend change will be mandatory in 2018 and I don't know what coins you've bought. In the case of a change of trends, it's absolutely not the fact that the price will recover exactly those assets that are in your portfolio Cool

. Some projects are dying now. No activity.

damberg

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Activity: 658

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Quote from: voipnet on December 28, 2018, 03:55:38 AM

Quote from: TrevorS on December 25, 2018, 01:48:36 PM

Study your assets well. Answer the question: how much can they grow in the event of the next bull run? If the answer suits you, keep waiting. If not, start trading.

Most of the portfolio is down by 90% in dollar amount. I Bought BTC,ETH, LTC, WAN, ZIL, BLZ, NAS, DRGN, AION, NEBL, NANO, STRAT, ELF, ENG and UTK Angry

That is a huge drawdown indeed. What is your investment strategy? Based on your previous comments you seem to be a long term holder. If you are so, then a good strategy might be simply sticking to your portfolio, not converting to fiat, and wait until prices rise again.

overnight03

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Activity: 308

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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?

2018 is really a bad year for all investors , my asset value is greatly reduced, I will never sell it until the bull market appears, I will hold to die !!

various

sr. member

Activity: 854

Merit: 267

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're investing 60k, you should have watched the market. You've a big loss, i am sorry for your situation, but the only thing you're gonna do now is to be patient.

Checkoi

jr. member

Activity: 154

Merit: 1

I do not see the point after such a large loss of money to return to the market because you are likely to lose more money

Masatos

jr. member

Activity: 182

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probably the most important thing in this situation is not to give up and understand that this money will come back to you very quickly as soon as the bulls return to the market

StarofBTC

hero member

Activity: 1148

Merit: 528

Quote from: Checkoi on December 27, 2018, 07:29:15 PM

I think that you definitely can not fix your loss because it would be very wrong

Recovering losses is highly depending on one particular asset. Because, all the coins are not recovering when the trend is reversing. But we will get chances to recover our losses with a new capital and investing into right coins like bitcoin. I mean we do not need to be frustrated for one time losses as life is not ending here and there are a lot of other opportunities are available everywhere all the times.

ellehcar

member

Activity: 420

Merit: 10

You never lose unless you sell. If this 5k left is the depreciated value of what you invested, it's not loss at all; it's just unrealistic loss. When the market turns over next year, it'll go back to its original value, or it'll even surpass it. But if this 5k left is due to your selling, yeah, then you lost. If I were you since this is pretty low enough and you already lost, why not continue in the game? There's nothing to lose anymore, so what keeps on hindering you to stay on the game of trading. Trade that 5k left, buy a good coin with it. Believe me, this is the best times of the market. We might not see this anymore. And who knows, you might get back what you lost with that 5k? Never give up!

neonshium

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Activity: 1134

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Quote from: BigBrother on December 27, 2018, 07:28:04 PM

I'm also hoping for a u-turn in 2019. I think that it will happen, because we expect positive events that should affect crypto. Perhaps it will happen by the end of the year, but I hope that a positive trend will begin from the beginning of the year.

Yes, we can expect things to be revered in 2019. But, we cannot expect all the coins will be recovering in 2019. Because, in the past I have seen many coins are getting delisted from exchanges after not having enough volume. So, recovering will be guaranteed only when we are doing with highly reputed and concept based coin.

If we have invested into a shitcoin and facing losses then probably we need to forget our capital. That is the punishment and a big lesson for our own mistake so that we can make right investments in future.

voipnet

newbie

Activity: 5

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Quote from: TrevorS on December 25, 2018, 01:48:36 PM

Study your assets well. Answer the question: how much can they grow in the event of the next bull run? If the answer suits you, keep waiting. If not, start trading.

Most of the portfolio is down by 90% in dollar amount. I Bought BTC,ETH, LTC, WAN, ZIL, BLZ, NAS, DRGN, AION, NEBL, NANO, STRAT, ELF, ENG and UTK Angry

Checkoi

jr. member

Activity: 154

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I think that you definitely can not fix your loss because it would be very wrong

BigBrother

member

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Merit: 10

I'm also hoping for a u-turn in 2019. I think that it will happen, because we expect positive events that should affect crypto. Perhaps it will happen by the end of the year, but I hope that a positive trend will begin from the beginning of the year.

Perkovic

jr. member

Activity: 154

Merit: 1

no need to be upset about this because so many people are the same as you who have lost their money

Garrixx

jr. member

Activity: 182

Merit: 1

ONe Social Network

we all hope so, but the fact remains a fact and it seems to me that for a very long time we will not be able to count on profit

zero714309

member

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Very big loss and definitely frustrating. There is no other way in addition to hold. That's really sad if your assets are in altcoin in high prices and still lucky if still in btc because you can allocate it to the altcoin that overall there are indeed at the bottom price. Your loss very lot so do not cut loss try invest in some altcoin that exist in the top 20 coinmarketcap and wait for recovery. Dont loss your hope and keep fight what your deserve.

Topic: 55K loss, how to get back into the game - page 6. (Read 1479 times)