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 are not the only person who has lost most of their money. Yes me, it is a pity for you, that you lost very many, but in this situation you received experience, let he even and a bitter. At this point in time, you better wait for such a situation to come and you will know exactly when you need to sell your coins and fix your profit 
Topic: I lost half of my crypto amount! what to do? - page 12. (Read 10117 times)
all you have to do with the market like now is hold the coins you have and if you have enough money then now is the perfect time to buy more coins and wait until the market grows again
I do not think that it is necessary to sell, the market has long been falling, and I think that the turn will soon not take long to wait
You do not need to sell coins, you have to wait until they grow up, it's called a drawdown
The best strategy is not to sell coins having received a big loss. Put a stop loss - and you will not lose a lot of money
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?
Well, investing in Cryptocurrency is really not for fainthearted people but of course, I am not saying that you cannot do that. Well, if you still your coins intact. I guess you need more patience with you. It is better to hodl than lose half of everything. Forget about your coins right now, focus on trading using some active coins and I think this is the time that we should learn more on trading so even things like these happen, we can have a purpose to make it work for us to have a good profit.
I guess by now it's too late to render an advice, because the market has been to bearish of recent, hope you can still get the best out of your investments later in future though
You need to sit tight right now and DCA if you have the available funds. This market has turned brutal and there is no real escaping it at this point. My plan is to hold and minimize my quotes per day and also stay off Telegram. IT's much easier to hold when not watching daily. If you watch too much you increase your chances of making an emotional decision on a weak day.
In the same situation, but I just relax and wait for changes in the market to the trend, if you have skills and some strategy, you can trade it, so that the amount of money increases with buying and selling many times, but if you do not have time for this and for your purpose use this money for long-term investments, so just keep them for at least 1 year.
Well, if right now half the amount I think that the best solution is to expect growth in the future, now the fall may not be
I am also having loss. I purchased same time one year ago and was happy when all coins were at all time high Dec last year. I didn't sell and now they are down again.
Bitcoin fell off the cliff almost a year ago. And everyone keeps saying its coming back, WRONG. It is headed to Sub-$4,000. There is more pain before any gain will be seen again.
The classics never die.. they just find new markets.
From Jean-Paul Rodrigue (2017)
Bubbles can be very damaging, especially for those who arrived late with the hope of getting something for nothing. Even if they are inflationary events, the outcome of a bubble’s blow off is very deflationary as large quantities of capital vanish in the wave of bankruptcies and financial defaults they trigger. Historically, they tended to be far in-between, but the scale and amplitude of bubbles has accelerated; web/technology stocks (deflated in 2000), real estate (deflated in 2006), commodities (deflated in 2008) and crypto-currencies such as Bitcoin (deflated in 2018).
The classics never die.. they just find new markets.
From Jean-Paul Rodrigue (2017)
Bubbles can be very damaging, especially for those who arrived late with the hope of getting something for nothing. Even if they are inflationary events, the outcome of a bubble’s blow off is very deflationary as large quantities of capital vanish in the wave of bankruptcies and financial defaults they trigger. Historically, they tended to be far in-between, but the scale and amplitude of bubbles has accelerated; web/technology stocks (deflated in 2000), real estate (deflated in 2006), commodities (deflated in 2008) and crypto-currencies such as Bitcoin (deflated in 2018).
Sorry this happened. I wish to say you experienced this the hard way. Do put yourself together and reanalyse your moves. Cryptocurrency market can be very volatile and unpredictable
You have to be patient because there are still many people who have suffered a loss like you even more. Make it a valuable experience for you. And for the future, you don't follow your appetites when you would be making decisions. And do not sell coins when the red coins in the situation and you must keep the coins any longer.
Damn he only lost half? Hod did all that Hodl'ing advice hold up? You can't just blindly hodl in this game. This market is cycling. You can make much more profit by jumping on and off the ride at the right time. Just play careful and set stop losses.
It's too late to sell an alternative coin that you bought a few months ago. At the moment, such coins have caused heavy losses. But I believe that the market will go up and you will have a good chance to sell such coins at a high price.
Yes it is very difficult to say how the market will behave! if you look at what is happening now on the market - then the advice seems to me to be one - to keep a coin and not to sell it until the market restores! if you sell now - the losses will be greater!
I advise you to hold. You still have your tokens and no one knows what is going to happen with their price when eth will be 1K$ and btc 20K$. You can even earn more than you invested. Stay calm and keep your eye on a market
Just hold and wait for it to go up again, no point selling at such a loss.
Support. If you want to save half the money, this is a very stupid decision. You have already dived very deeply into the cryptocurrency. So you should wait for the rise.
Just hold and wait for it to go up again, no point selling at such a loss.
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