How to survive if you lose more than 80% of your Capital? - page 9.

Ailmand

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What was we need to do there was only patience. Because every coin always give you a chance to be survive your self by bouncing back near your buy rates.

It is good to be positive, however, pet me break it for you. Not all coins, especially new altcoins recover or will cover from the bear market. That is why to survive, you must not stat in one project for too long. Expand your horizon and look for other opportunity once you have your profot from one project. If you trust a project, just buyback.

JeotQ

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You can recover is you belief, you should learn trading for fast recovery and I suggest you use Bitcoin not altcoins for trading, if you can keep buying Bitcoin at bottoms you will rise up fast, the most profitable investment now is bitcoin

Vishnu.Reang

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Activity: 1988

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Quote from: RDNX on February 26, 2020, 12:07:12 AM

Personally, making a cut loss is the best choice to solve it.
I know this is very frustrating. But I can't see the value of my assets continuing to decline month after month.

Booking loss is not a bad idea. In many cases, it is the most intelligent thing to do. However, the investors are not very comfortable at this as no one is happy to sell their assets at a loss. I am someone who had done loss booking in the past (although with a heavy heart) and I would say that I was happy with the outcome. If I had held on to my assets, then I would have incurred complete loss.

RDNX

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Quote from: fib123 on February 01, 2020, 08:16:27 AM

As per my perception here is a lot of investor/trader who was comes in at early 2018 or may be in mid of the year. That time was the best time of crypto and ALT coins too. But later on this scenario was converted into downtrend and all coins were falling simultaneously. It was cause of FUD, huge movements in Bitcoin due to whales manipulation. As a result our portfolio was reduced on daily basis. Mostly people were hoping to bounce back market around their buy potion but this was not happen at all.

In that time how we confirmed our loss? When we were realize that market is going up and our coin is not moving we sold it and jumped in running train,
there we confirm our loss.

What was we need to do there was only patience. Because every coin always give you a chance to be survive your self by bouncing back near your buy rates.

Anyways past can't changed. If you are still try to keep you alive in crypto is keep calm, Trust in your choice, and HODL it. One more thing you should be in
a very potential coin, if you are HODLING shit coins, So you need to be brave and jump into a better coins.

Hope this will help you.

Personally, making a cut loss is the best choice to solve it.
I know this is very frustrating. But I can't see the value of my assets continuing to decline month after month.

Mianae

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Finding ones self in this situation can be depressing at times watching your funds diminish every second. If I bought the Bitcoin pump last week and slept today, I will wake up to a huge loss. Every trader or investor should watch out for their investment in this space things can change without any further notice thereby leading to a loss. But when you do incur some losses, cut your loss early enough do not wait forever to cut loss.

Vishnu.Reang

sr. member

Activity: 1988

Merit: 453

Back then it happened to every single user, right? The Bitcoin prices dropped by 85% during 2018 and many of the altcoins dipped even more. I had Ethereum in my wallet, and it's value went down by more than 90%. Cardano lost 98% of its value and many of the smaller coins became worthless altogether. But then, those who panicked and sold their coins made a mistake.

lienfaye

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Quote from: bering on February 25, 2020, 07:41:01 PM

Luckly i was never have worst experience such as that but in my view if this is happens to me then there are two choice should be picked and first option is leaving from crypto world because seems crypto not suitable for me and second options is survive with the rest of funds although already huge loss but indeed this could be hard decissions because i'm sure those who lost 80% from their initial amount of money while invest will be so frustrate

Seeing your coins slowly losing its value are really frustrating but what could be the solution if this happen? If you dont want to lose your capital then keep holding especially if you know that you're holding a good coins. However if you cant stand such situation, sell and quit are one of the option you can do but remember that every investment has risk thus you should be prepared in worst scenario and quitting is never a solution (well atleast for me).

Iyeman

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Quote from: doctor877 on February 25, 2020, 04:02:53 PM

It's always sad to lose money. But we should be careful of what we invest into and the time frame and purpose of investment with alot of patience. There is alot to this, majority of loses in crypto is usually liked to lack of proper research , greed , inexperience , misleading by supposed top guys.

It's not. some times people have made mistake to buy coin at the higher price and this gets dumped easily even to make it reached the bottom price which almost 100% loses. Look at what happened with kin and even it has a very strong company but with just a few decision that has already taken by SEC and it goes to the bottom instantly.

bering

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Luckly i was never have worst experience such as that but in my view if this is happens to me then there are two choice should be picked and first option is leaving from crypto world because seems crypto not suitable for me and second options is survive with the rest of funds although already huge loss but indeed this could be hard decissions because i'm sure those who lost 80% from their initial amount of money while invest will be so frustrate

Stedsm

legendary

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Survival is not a big deal if you've lost what you "then invested that you could" afford to lose, but if not, then your survival IRL could have been a lot more struggling than you'd have had if you'd have brought your money out at the right time. Survival in crypto was something I couldn't get, I mean in what reference or regards have you said that? Leave the past and focus on the present, invest in IEOs which were launched at Binance exchange and hodl till BTC halving and see the magic.

FanatMonet

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Activity: 742

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Living on, and what else can be done? Just the other day, the Yobit exchange froze my account, with almost all my funds in cryptocurrencies. Formally, this is not a loss, but given that they have not been responding to tickets for 8 days, the chances that they will return my funds to me are negligible.

LbtalkL

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Activity: 1176

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If you are trading on spot there is no way to stress out if the coin you invest is a good coin. We are on bear market it is natural to lose when you invested few years ago and hodl until now. We have new trading features now its called "FUTURES" Like binance futures. It is more risky than traditional spot trading, you might loss all in just minutes but you can also get high profit at the same time. Handling situations is really on us, on futures I can't allow to loss more than 80% we need to set stop loss.

iamaruf

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what do you mean by survive? You mean how to live in real life?or you meant how to get out from that loss? Most people already told that invest those money that you can afford to lose but I want to add one more thing.If I were you I definitely hold btc rather than altcoin and I will definitely not sell my bitcoin in loss.I have enough believe what I am holding.If you are holding others shit coin and you don’t have believe sold that get out from that shit coins.

shoreno

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Quote from: [email protected] on February 25, 2020, 05:15:51 PM

Patience doesn't always help. Sometimes, over time, the coin loses its value and therefore it does not make sense to keep it for a long time. But if you are confident in the coin, then patience is exactly what you need.

confident , pateince wont help at all because you said the coin will still loose its value but that is if the coin you chose is crappy . many crap coins scattered on the market now so we must be aware of what are we picking .

patience and confidence is really benficial for a good coins like for example bitcoin . btc might loose its value but its rare to see btc not recovering . for the 10 years of existence , btc still gain some value even on its up and down state .

[email protected]

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Patience doesn't always help. Sometimes, over time, the coin loses its value and therefore it does not make sense to keep it for a long time. But if you are confident in the coin, then patience is exactly what you need.

bitcoinst

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Activity: 1708

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SmartFi - EARN, LEND & TRADE

This question is not just about losing money. This is a question of how people experience personal falls, personal crises, personal failures.
Most people have experienced personal crises since childhood that they cannot cope with, they are haunted by constant nervousness, and insecurity in themselves and in their own strengths.

Therefore, the answer to your question lies deep in the depths of the human psyche. Indeed, if a billionaire loses all his capital, he will still have knowledge and skills on how to earn this capital in a new way.
It all depends on whether you believe in your strength or not, you have enough skills to make this money again or not.
If your capital came to you in an easy way, then most likely you would not have kept it anyway.

bitcoinst

hero member

Activity: 1708

Merit: 651

SmartFi - EARN, LEND & TRADE

This question is not just about losing money. This is a question of how people experience personal falls, personal crises, personal failures.
Most people have experienced personal crises since childhood that they cannot cope with, they are haunted by constant nervousness, and insecurity in themselves and in their own strengths.

Therefore, the answer to your question lies deep in the depths of the human psyche. Indeed, if a billionaire loses all his capital, he will still have knowledge and skills on how to earn this capital in a new way.
It all depends on whether you believe in your strength or not, you have enough skills to make this money again or not.
If your capital came to you in an easy way, then most likely you would not have kept it anyway.

Jannyh

copper member

Activity: 994

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You are very right, so many investors suffered losses, 2017 and 2018 turn around was a very big shock for them and most of them dumped, some might still be holding that is why it is advised for one to invest what would not affect him or her should anything go wrong. Also make sure to buy top notch project so you will be confident of your investment.

doctor877

full member

Activity: 896

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It's always sad to lose money. But we should be careful of what we invest into and the time frame and purpose of investment with alot of patience. There is alot to this, majority of loses in crypto is usually liked to lack of proper research , greed , inexperience , misleading by supposed top guys.

RealMalatesta

legendary

Activity: 2380

Merit: 1150

If you can actually keep holding and invest into stuff that are both safe but leave a short coming of it to even riskier stuff for just
recovery with some selling on profit, you could somehow get it back. Don't get me wrong, losing 80% of your capital means you have done some horrible trades and its not really easy to make that make, you should have picked stuff that was safer instead of picking stuff this much risky, from that point on forward you have to hope that coins go back to their all time high prices, there is no other possibility to make all of it back.

However, if you just invest that money into bitcoin, you could at least get something back, just last year bitcoin went from 3.5 to 7k, which is what you should be hoping for, maybe it will do it again this year, who knows.

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