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Topic: I lost half of my crypto amount! what to do? (Read 10097 times)

full member
Activity: 854
Merit: 100
October 24, 2018, 10:41:40 AM
So I basically got fomoed. Towards the end of 2017 I saw how high bitcoin skyrocketed and decided to invest in ripple as a test. Less than one week it went up 3x. This made me more ballsy and I put in 11k total in various other alt coins like ripple, ethos, tron, and cardano. After the crash I lost about half of my value just like that. I am frustrated with the experience and wish I would have just put in 1k or something. I wish I could just not invested and went into what I was doing earlier which was just investing the boring and traditional way. Should I wait and hodl or pull out and do something else?
You already loss to much, i think you don't have any reason to cut your loss again. My advice is just chill and wait untill your investment rise again, hopefully bull run will come in the end of this year.
member
Activity: 490
Merit: 10
I lost much more than half of my money this year, if you count in dollars. But I do not lose heart. It seems to me that next year I will be able to get my money back.
member
Activity: 157
Merit: 10
Just move on there's nothing you can do about it and also calm down because what happened is really shocking then do some thinking of what your going to do. For me, just a suggestion, I think you should hold it a little more and maybe the price will rise little by little but don't expect that it will rise again 3x like before. It is natural that it will have a very low price because it just come from the highest price it can have and you missed that then all you can do is wait
jr. member
Activity: 238
Merit: 1
Yes, the market has sagged very much, I have such a drawdown myself , I'm still waiting for the market to recover and most likely it will be by the end of this year , as I have not sold and you too are advised to do so
newbie
Activity: 98
Merit: 0
while learning dont put your hard earned money in the period of learning u should not see profits and losses put less money practice it as many times you can prepare your own system of trading or investing then only put your money without experience dont put too much money 
member
Activity: 420
Merit: 10
So I basically got fomoed. Towards the end of 2017 I saw how high bitcoin skyrocketed and decided to invest in ripple as a test. Less than one week it went up 3x. This made me more ballsy and I put in 11k total in various other alt coins like ripple, ethos, tron, and cardano. After the crash I lost about half of my value just like that. I am frustrated with the experience and wish I would have just put in 1k or something. I wish I could just not invested and went into what I was doing earlier which was just investing the boring and traditional way. Should I wait and hodl or pull out and do something else?

I believe that now many are in a similar situation. Unfortunately, one has to recognize the high risks and dangers when working with the modern crypto market. In any case, the only right strategy will continue to be patient and continue to hold their coins for the future, from next year the situation can gradually return to normal.
member
Activity: 210
Merit: 10
how can you lose that ? if you haven't sold yet ... just be patient and wait until the market grows again
hero member
Activity: 952
Merit: 500
you are not the only one. Almost all owners of cryptocurrency are suffering losses this year. We all should take this lesson into account and draw conclusions from it. and now it is necessary only to wait for the market recovery
member
Activity: 504
Merit: 10
ONe Social Network.
I think the best thing would be to do hodl until the end of the years, in order to recover your investment, the market is seeing signs of stabilization, maybe in the coming weeks we will see a price increase that will activate the bull run like the last year, we can only hope, as always do your own research to make the best decision.
member
Activity: 501
Merit: 10
★Bitvest.io★ Play Plinko or Invest!
If you lost your half amount of crypto, I would like to suggest that you must do buy a crypto now with a very low price. There are lots of crypto now which have a low price because the market is down so the good thing to do is to buy crypto and hold it until the market recovers.
jr. member
Activity: 518
Merit: 1
Half of the funds is very much , I think in this case it is better to keep the funds and wait for the return of the market , with such a minus is dangerous to sell can remain in the red
full member
Activity: 392
Merit: 100
Crypto is all about patience. You learn it by losing it or by research. There are several people who have shared their experiences and people who have written all the guidelines for our convenience. So better research first so that you don't loose it again.
i am sure tah the lesson will be necessary for your learning and i hage passed through this, too so i know how it feels
full member
Activity: 392
Merit: 100
So I basically got fomoed. Towards the end of 2017 I saw how high bitcoin skyrocketed and decided to invest in ripple as a test. Less than one week it went up 3x. This made me more ballsy and I put in 11k total in various other alt coins like ripple, ethos, tron, and cardano. After the crash I lost about half of my value just like that. I am frustrated with the experience and wish I would have just put in 1k or something. I wish I could just not invested and went into what I was doing earlier which was just investing the boring and traditional way. Should I wait and hodl or pull out and do something else?
it is a very sad situtiom and i thuink that you are not the onlynone with this lronblem so you can start healing knowing that you will be supported
jr. member
Activity: 53
Merit: 5
Crypto is all about patience. You learn it by losing it or by research. There are several people who have shared their experiences and people who have written all the guidelines for our convenience. So better research first so that you don't loose it again.
member
Activity: 154
Merit: 10
You do not worry about this very much. It is necessary to go out of such situations calmly and intelligently. Do not let go of your hands and go on. This is the only way to achieve success.
member
Activity: 314
Merit: 11
I'm not investor
There is nothing to change, so keep your coins until the market recovers, not only are you in this situation, I believe that cryptocurrency is the future, so we will wait.
Yes you're right. Also if you have another money, you can buy any coin/token at the support area. Holder is true winner, be patient and you'll be rich
member
Activity: 336
Merit: 10
There is nothing to change, so keep your coins until the market recovers, not only are you in this situation, I believe that cryptocurrency is the future, so we will wait.
jr. member
Activity: 100
Merit: 1
hmm  it  is   really  bad   but  i  know   for  sure  that   this  condition  will be  fixed  soon  and  for  now  i  recommend  to  hold  not to sell definitely  till the  price  come  to its old  position.
member
Activity: 294
Merit: 10
In the world of crypto loss comes experience. The most reasonable thing I would advise you to do is not to panic and not to make rash decisions.
member
Activity: 392
Merit: 10
I think you can now sell, the market will sink, and you will be able to re-buy at a lower price, now generally in cryptocurrency dangerous to keep the money!
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