Long story short, I started with $3000 almost 4 months ago and now I'm down to $960.
I lost $200-$300 while learning, the rest was from cryptocurrencies crashing, and of course my mistakes.
Two days ago I wanted to ride the Nano train and bought in with all of my $1400 literally at its peak, followed by a colossal drop.
Then, I went all in on Vechain because of the upcoming rebranding, plus I originally purchased it when it was sub $3, but never kept it. Needless to say, it went down by 12%.
So currently I have $960 and I am feeling down that I am losing this battle and won't be able to stay a part of the history we are making.
I haven't bought into ETH, LTC, BTC because with my $1000 I would be getting nothing in return, even if they grew crazy. Any recommendations would be highly appreciated. Thanks in advance.
I myself have lost around $1K already to a coin that I initially though will increase overtime. Sadly though it goes down and deeper so the best thing to do for me is to hold and hope that its true potential can be unlock in the next couple of months or even year. So I decided that I will be a long term holder of it until such time that I will sell it to get my initial investments or even just a fraction of a profit.
That's why its been said that we need to invest what we can afford in this market. Because its so volatile that you can literally lose everything in a instant.