Fell from 60k dollars to 5k dollars - what s the way to 100k - page 2.

solarion

hero member

Activity: 966

Merit: 513

Quote from: ashmodeus on May 30, 2018, 11:25:57 AM

Quote from: coskunc on May 29, 2018, 05:18:29 PM

I started my crypto journey with only 4500 dollars at the end of October. I made good altcoin choices and with the bull market my trex account had around 60k dollars.
Then the crash hit my precious coins, I was the queen than became a total bag holder. Still holding my 5 month old coins, I think I am at the disbelief episode.

Any suggestions how can I go all the way up?

first
sad to hear that.
we know on early year,over about 300,000,000,000 gone based on coinmarketcap history
so , many many lose on holding altcoin
me too also.
i can't say anything how to way up,
me too on death time. Grin

but i just think,if this over
i am lose,and i hate lose Grin

Holding the best altcoins people does not loose any profit at all. Please do not consider that altcoin value is being cheaper with the comparison of December to Now. These days we people are earning money and making profit out.

If you want to compare the altcoin value you need to wait for 1 or more and then you should do it mate. comparing now will not show you the proper outcome mate.

stronghands4lyfe

full member

Activity: 280

Merit: 102

The revolutionary trading ecosystem

Just as quickly as you went down you can go up and you should know that because of your over 10x rise recently. Don't look at how old the coins are, but yet look at what they can do for you. If they seem useless then get out of them, but if they seem like they can provide future value then remain because next big bull run they should go up in price given solid fundamentals.

friends1980

legendary

Activity: 1582

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nutildah-III / NFT2021-04-01

Quote from: coskunc on May 29, 2018, 05:35:45 PM

Quote from: Mr. Art on May 29, 2018, 05:22:07 PM

this is why you should know about technical analysis
because you will know when the price was overbought, so you can sell it and wait for the bottom to buy again
but, i think i can said you should hold your coins now, and wait for the next bull run my friend

you are totally right, actually that s why I am trying to learn technical analysis right now

and you know what, I can see how stupid I was to hold them all the way. I was lazy and spoiled, I didnt care looking at anything, I only kept reading some twitter people and followed whatever they said, now I understand how wrong it was...

I held them for 5 months I think it wont be hard for me to hold a little more

You can like McAfee or not, but one of his propositions for long-term hodlers was great: buy, hold and don't look at them for 18 months. Otherwise you'll drive yourself crazy.

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: coskunc on May 29, 2018, 05:18:29 PM

I started my crypto journey with only 4500 dollars at the end of October. I made good altcoin choices and with the bull market my trex account had around 60k dollars.
Then the crash hit my precious coins, I was the queen than became a total bag holder. Still holding my 5 month old coins, I think I am at the disbelief episode.

Any suggestions how can I go all the way up?

If you did not bought just crap coins you will in max 3 years have $60k again. If you bought crap coins then I have no ideas. You had a reason to buy those coins. If those reasons are same. then you should not worry. If that is not the case you have problem.

Julunguul

member

Activity: 473

Merit: 11

Quote from: coskunc on May 29, 2018, 05:18:29 PM

I started my crypto journey with only 4500 dollars at the end of October. I made good altcoin choices and with the bull market my trex account had around 60k dollars.
Then the crash hit my precious coins, I was the queen than became a total bag holder. Still holding my 5 month old coins, I think I am at the disbelief episode.

Any suggestions how can I go all the way up?

i think with only that funds, you only have a few option to get out from the condition like this, first you should be patient of holding those coins, at least till you get as the same amount as you invest before, and the second is you find another free funds.

lx001

hero member

Activity: 1134

Merit: 502

Quite strange to see you going down from 60 to 5, the major popular coins went down about 3-4 times in fiat. Most probably you have chosen low-volume tokens. I am in the similar position right now but I would not suggest to try and time the market in order to increase your stash. Actually you still are in $500 profits - not something to be happy of after the bull market but at least you did not lose your initial investment.

KJMZNine

sr. member

Activity: 504

Merit: 250

We are on the right way to 100k, because we can not only go up into a market. This is not how it works, just take a look at some stock markets. They are also showing you this pattern. If we hit 100k one day, we will start to dip to 30k or 20k, and then all say that bitcoin is dead again! Cheesy

go4crypto

sr. member

Activity: 798

Merit: 263

There is not much to do except hold patiently and wait. Market will make new highs by end of this year or next year. Just evaluate all your coins carefully and replace those without any good fundamentals with new good ones.

Muzika

sr. member

Activity: 980

Merit: 261

Quote from: coskunc on May 29, 2018, 05:18:29 PM

I started my crypto journey with only 4500 dollars at the end of October. I made good altcoin choices and with the bull market my trex account had around 60k dollars.
Then the crash hit my precious coins, I was the queen than became a total bag holder. Still holding my 5 month old coins, I think I am at the disbelief episode.

Any suggestions how can I go all the way up?

as of now getting up from your downfall is very hard to do due to the market that is always on the floor it is hard to trade that coin also, if you do gambling, it is very risky so you better to hold it although it will really took more time but it is sure that you can recover from your downfall.

ashmodeus

hero member

Activity: 1638

Merit: 518

Quote from: coskunc on May 29, 2018, 05:18:29 PM

I started my crypto journey with only 4500 dollars at the end of October. I made good altcoin choices and with the bull market my trex account had around 60k dollars.
Then the crash hit my precious coins, I was the queen than became a total bag holder. Still holding my 5 month old coins, I think I am at the disbelief episode.

Any suggestions how can I go all the way up?

first
sad to hear that.
we know on early year,over about 300,000,000,000 gone based on coinmarketcap history
so , many many lose on holding altcoin
me too also.
i can't say anything how to way up,
me too on death time. Grin

but i just think,if this over
i am lose,and i hate lose Grin

neinnein125

sr. member

Activity: 475

Merit: 251

VTOS

There is no clear way to 100k. There won't be any best advices or there won't be any guides. You should work hard to find underrated coins, buy at right time, sell at right time and.. REPEAT. Its all about this process + luck..

tomahawk9

hero member

Activity: 2086

Merit: 994

Cats on Mars

Quote from: coskunc on May 29, 2018, 05:18:29 PM

I started my crypto journey with only 4500 dollars at the end of October. I made good altcoin choices and with the bull market my trex account had around 60k dollars.
Then the crash hit my precious coins, I was the queen than became a total bag holder. Still holding my 5 month old coins, I think I am at the disbelief episode.

Any suggestions how can I go all the way up?

Be patient. There's a chance that we won't see another bull run like the one we experienced last year in a very long time, so chances of getting those 60k gains back in your account are very slim, at least in the short-term. I'd recommend you to either start accumulating more coins, buy the dip and increase your holdings, or just hold for the long-term and wait for the next rally. There's no point in selling your coins right now, and since you want to see your invesment go all the way up, there's no point in looking at the short-term profits, just hold your coins for the long run.

Poink

full member

Activity: 350

Merit: 122

Quote from: coskunc on May 29, 2018, 05:18:29 PM

I started my crypto journey with only 4500 dollars at the end of October. I made good altcoin choices and with the bull market my trex account had around 60k dollars.
Then the crash hit my precious coins, I was the queen than became a total bag holder. Still holding my 5 month old coins, I think I am at the disbelief episode.

Any suggestions how can I go all the way up?

x13+ is very impressive, almost twice what my portfolio did.

Without knowing what coins you have now, it is guess work for us but sounds like you are a gambler (judging by the return %age). You chose winners (likely short term) so you did something right.

Repeat your process (what you did) but this time, have an exit strategy...say withdraw 20% every time your portfolio increase by 100% (just a sample). If you did this, you probably have more than $30,000 at the very least now.

I also suffered big loss (not as much as you did) and regret not doing what I am telling you now...it is easier said than done because of GREED. It is a double edged sword and will give you smaller return if the growth trend continues but that is an unlikely scenario. This method is a safe & good compromise IMHO that I plan on implementing this time around.

Good luck!

Red-Apple

hero member

Activity: 1470

Merit: 655

i am sorry to tell you that this market is not for you and you are not a trader despite what you may think. you are a gambler. you bought some random coins (thinking they are good) and then by pure luck they were pumped and your profits increased. then since you do not understand how this market works you continued holding these coins instead of dumping them and your losses began.

my suggestion is that you stay away from this market unless you figure out how it works which is pure pump and dump and you should never hold any altcoin for longer than their pumping period lasts.

badykvik

sr. member

Activity: 895

Merit: 250

I think you should have sold the coin when you made enough profit and noticed the gradual fall in the market price of you coin. In crypto, you should know when to sell and when to continue holding but the mistake has happened and you have learnt from it. It will be better if you just hold the rest until the price rises or sell if you think you cannot wait for the market to recover to avoid total loss.

xenomorphe1

full member

Activity: 798

Merit: 103

I did this mistake too. A lot of people were expecting BTC to go higher than $20'000. But some whales decide that it was enough.
That's why you should sell when you get enough profits. You should not be too greedy. Don't listen to Mc Afee previsions.

karel88l

jr. member

Activity: 313

Merit: 1

Same happened to me from 30k back to 7k we missed opportunity to sell in jaunary.I sold part of my portfolio i expect prices will go lower this is not end of sale and next bull run will not come soon.

AAlex48

member

Activity: 336

Merit: 12

Quote from: coskunc on May 29, 2018, 05:18:29 PM

I started my crypto journey with only 4500 dollars at the end of October. I made good altcoin choices and with the bull market my trex account had around 60k dollars.
Then the crash hit my precious coins, I was the queen than became a total bag holder. Still holding my 5 month old coins, I think I am at the disbelief episode.

Any suggestions how can I go all the way up?

There are not many options.
1) Wait for rollback on each coin and leave at least a small +.
2)Wait until the last, if in the red, then there is no point to touch them, unless of course it was not the right money.

makishart

legendary

Activity: 3108

Merit: 1029

Quote from: coskunc on May 29, 2018, 05:18:29 PM

I started my crypto journey with only 4500 dollars at the end of October. I made good altcoin choices and with the bull market my trex account had around 60k dollars.
Then the crash hit my precious coins, I was the queen than became a total bag holder. Still holding my 5 month old coins, I think I am at the disbelief episode.

Any suggestions how can I go all the way up?

Hold if you can, but in my opinion if you will be trying to sell all of your portfolios at your own loss condition and then that will not let you to recover your amount again in the future.
look at the market and how it jumps back again just in some hours. The only possible thing to move in another coin but this involved a very high risk.

wndrbr3d

hero member

Activity: 914

Merit: 500

Quote from: Lastsamuraj on May 30, 2018, 12:58:34 AM

As i assume,60k was during btc ath.Made same mistake and didnt sell anything.Only option is to wait for the next btc bullrun and ath if happens:)2019 maybe

I don't expect to see Bull`s market earlier than 2019 because last big pump was recently (just 4 month ago).
We should pacify our greedness because 10 coins with x3 result is better than 1 coin with x15 result.

Topic: Fell from 60k dollars to 5k dollars - what s the way to 100k - page 2. (Read 550 times)