I am a true believer of cryptocurrency. It doesn't matter if the market plummeted, since you want to stay invested for the long term and you chose your coins well, you are safe.
This is the advice I can give to true crypto believers
Topic: How much have you lost during this bloodbath? - page 17. (Read 1407 times)
I'm not going to beat you up with the rule that people should only invest what they can afford to lose. It's true, but I guess that if you can keep your coins without selling them, then that means that you can still maintain your life with a few adjustments, but with no major losses (like going back to your parents). Since you are not really holding shitty coins, then I would say that you should just hold to them, like you are planning, and everything will probably be ok again. I'm also losing money, but I see my investment as a long term thing, so I'm not selling my coins, at least not in 2 or 3 years from now.
Yes, that's exactly my plan, I'm not gonna sell anything for another 1-2 years at least. I can still live at least normal life and I wasn't even looking for quick gains but it's still very, very scary to see the markets plunging even if I'm going to hodl for a long time. Only retards would sell everything at this moment. Maybe the best thing is to forget the whole crypto scene for a while but it's hard for your psyche if you don't know how the markets are doing.
You are not the only one you are losing money, everybody is. You must have patience. Stop looking at the price charts and if you can afford it, forget your investment for some time. If you are from the people who believe that eventually, cryptos will substitute fiat money (I am one of them) you have nothing to fear. If you bought them just to double or to triple your fiat in a matter of months I think you've invested in the wrong place. The crypto market is volatile and unpredicted, everybody says here to invest as much you can afford to lose.
Yep, as you know that in this time there are so many people who have lost a lot, even twice than you lost. We all know that the crypto market is notoriously volatile, so you’d better be more patience because it always fluctuates, so the market will recover soon, I think so. However, do you know that this crypto market brings lots of risks, I think that you are really stupid when you give almost your important asset for cryptocurrency market.In anyway, I advise you that all you need to do now is keeping your head and waiting for and hope the good news of this market. 
I wonder how much people have lost money during this bloodbath which never seems to end. Maybe it will continue until the overall market cap is under 100 billion.
I bought Ethereum for 5000 euro in January when the price was 770 euros, and then for another 10 000 euro when the price was something like 900€. I also bought few Litecoins as well. From original 15 000 euro I have only 5000 left now, so i've lost almost 70% for now. I haven't sold anything yet.
ETH supposed to be one of the most stable coins but I really have no idea what I should do anymore. Actually I don't even care anymore if the price of 1 ETH goes to zero and I lose that remaining 5k because I have already lost so freaking much. I even had to put my house on a rent and move back to my parents for the next 1.5 years to recover from these losses if the price does not rise again.
Sorry for opening up but I had to share my story so I can feel a bit better..
I bought Ethereum for 5000 euro in January when the price was 770 euros, and then for another 10 000 euro when the price was something like 900€. I also bought few Litecoins as well. From original 15 000 euro I have only 5000 left now, so i've lost almost 70% for now. I haven't sold anything yet.
ETH supposed to be one of the most stable coins but I really have no idea what I should do anymore. Actually I don't even care anymore if the price of 1 ETH goes to zero and I lose that remaining 5k because I have already lost so freaking much. I even had to put my house on a rent and move back to my parents for the next 1.5 years to recover from these losses if the price does not rise again.
Sorry for opening up but I had to share my story so I can feel a bit better..
I'm not going to beat you up with the rule that people should only invest what they can afford to lose. It's true, but I guess that if you can keep your coins without selling them, then that means that you can still maintain your life with a few adjustments, but with no major losses (like going back to your parents). Since you are not really holding shitty coins, then I would say that you should just hold to them, like you are planning, and everything will probably be ok again. I'm also losing money, but I see my investment as a long term thing, so I'm not selling my coins, at least not in 2 or 3 years from now.
You still have not lost anything, this is a temporary state, you should not think of it as lost money. The market will recover and you will again be rich. You just have to wait.
I lost a good deal of my sense of humor.
I have lost 50% of my assets since the end of 2017
If you want to avoid big losses during the bloodbath just hold if you see that your profit was not there, easy as that.
Holding is the safest way to avoid losses on your money in trading when the price is a decrease just keep on holding like what happens now I'm still holding my coins in my portfolio right now because of this bloodbath.
Control your emotion not to be panic and sell besides because patients here in trading is a must.
Holding is the safest way to avoid losses on your money in trading when the price is a decrease just keep on holding like what happens now I'm still holding my coins in my portfolio right now because of this bloodbath.
Control your emotion not to be panic and sell besides because patients here in trading is a must.
I wonder how much people have lost money during this bloodbath which never seems to end. Maybe it will continue until the overall market cap is under 100 billion.
I bought Ethereum for 5000 euro in January when the price was 770 euros, and then for another 10 000 euro when the price was something like 900€. I also bought few Litecoins as well. From original 15 000 euro I have only 5000 left now, so i've lost almost 70% for now. I haven't sold anything yet.
ETH supposed to be one of the most stable coins but I really have no idea what I should do anymore. Actually I don't even care anymore if the price of 1 ETH goes to zero and I lose that remaining 5k because I have already lost so freaking much. I even had to put my house on a rent and move back to my parents for the next 1.5 years to recover from these losses if the price does not rise again.
Sorry for opening up but I had to share my story so I can feel a bit better..
I think everything will be ok and the prices of the coins will be high again. Then you can win the money back. I bought Ethereum for 5000 euro in January when the price was 770 euros, and then for another 10 000 euro when the price was something like 900€. I also bought few Litecoins as well. From original 15 000 euro I have only 5000 left now, so i've lost almost 70% for now. I haven't sold anything yet.
ETH supposed to be one of the most stable coins but I really have no idea what I should do anymore. Actually I don't even care anymore if the price of 1 ETH goes to zero and I lose that remaining 5k because I have already lost so freaking much. I even had to put my house on a rent and move back to my parents for the next 1.5 years to recover from these losses if the price does not rise again.
Sorry for opening up but I had to share my story so I can feel a bit better..
I wonder how much people have lost money during this bloodbath which never seems to end. Maybe it will continue until the overall market cap is under 100 billion.
I bought Ethereum for 5000 euro in January when the price was 770 euros, and then for another 10 000 euro when the price was something like 900€. I also bought few Litecoins as well. From original 15 000 euro I have only 5000 left now, so i've lost almost 70% for now. I haven't sold anything yet.
ETH supposed to be one of the most stable coins but I really have no idea what I should do anymore. Actually I don't even care anymore if the price of 1 ETH goes to zero and I lose that remaining 5k because I have already lost so freaking much. I even had to put my house on a rent and move back to my parents for the next 1.5 years to recover from these losses if the price does not rise again.
Sorry for opening up but I had to share my story so I can feel a bit better..
I bought Ethereum for 5000 euro in January when the price was 770 euros, and then for another 10 000 euro when the price was something like 900€. I also bought few Litecoins as well. From original 15 000 euro I have only 5000 left now, so i've lost almost 70% for now. I haven't sold anything yet.
ETH supposed to be one of the most stable coins but I really have no idea what I should do anymore. Actually I don't even care anymore if the price of 1 ETH goes to zero and I lose that remaining 5k because I have already lost so freaking much. I even had to put my house on a rent and move back to my parents for the next 1.5 years to recover from these losses if the price does not rise again.
Sorry for opening up but I had to share my story so I can feel a bit better..
In my opinion, you can only confirm that you have lost when you sell lower than you bought, however if you are still holding the crypto you bought, i will not say it is a loss, because when the market recovers, you are likely to come back to the original position and even make some profit. the problem is that many people are not able to hodl.
Some investors have lost over 90% of their portfolios value. Ethereum is stabilize but if bitcoin falling everything else too. This is how market works.
All who kept their coins and did not sell at the fall of the market, lost their savings. All these people are certainly unhappy, including me. But at the same time everyone expects that the market will recover and the situation will improve.
Since the bear market is coming, most people are in a state of losing money, so I don't want to worry too much about it.
All you need to do is hold, so when the bull market comes, you'll get a higher return.
All you need to do is hold, so when the bull market comes, you'll get a higher return.
The value of my portfolio has decreased by about 50%, but I decided not to fix the loss, but continue to hold my coins. As you know, after a fall, growth always begins and vice versa. Be patient.
I really feel you as most of the new crypto investors entered the crypto world when it was going vertical, im myself trapped in many tokens i invested during this bull run, i think market will recover, all those who cashed out due to fud will be taking new positions soon, just wait for the volume to be back and things will start getting better.
Gain and lose are the two words that occur during the investment process. When they lose they cry too much. When they are, the household does not say I do not lose. In this tragedy, a smart investor will study carefully before making a decision, not a passive decision. I will continue to keep my coin and continue to invest if funds are available.
I feel bad for you, many people here are at the same state as you were because as we all know, people who are hold their token had suffered, I myself have lost 70% of my portfolio, by simply holding the token. But as other suggested, I usually forget the chart for a few months because by doing this, I will not feel bad from what is happening to the crypto world. Anyways, I'm hoping that at the end of this year, crypto will recover.
I have lost more than 50% of my investment value. But I'm buying more now to reduce my average purchase price as now looks a good time to buy. Most of the coins are at rock bottom prices and at a point from where they had earlier started their rallies.
I haven't lost anything as I haven't sold anything.
I'd only have loss if I trade away my coins with fiat.
The inter trading of my coins too are in profit for the last month.
And I've increased my holding spending more fiat.
I'd only have loss if I trade away my coins with fiat.
The inter trading of my coins too are in profit for the last month.
And I've increased my holding spending more fiat.
You are not the only one you are losing money, everybody is. You must have patience. Stop looking at the price charts and if you can afford it, forget your investment for some time. If you are from the people who believe that eventually, cryptos will substitute fiat money (I am one of them) you have nothing to fear. If you bought them just to double or to triple your fiat in a matter of months I think you've invested in the wrong place. The crypto market is volatile and unpredicted, everybody says here to invest as much you can afford to lose.
I allready lost 5% on my bitcoin but I would say its still a win win price and back than I bought load and later it increases and got give someone a load.
Here few tips I really learned from my sister and that is
1. Keep in mind you real money dont be an addictive investor.
2. When you have a investment holding on a bitcoin, Ethereum and altcoins, dont panic
3. Chill
4. You can see the chart and dont over think about it
5. If your holding chill calm down because the right time and increase will come
6. Think of it this way you will earn
In my opinion, your main mistake is that you put the money you needed in real life, and now your financial situation is very bad. But do not worry, you just have to wait until the market is back to its previous values
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