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 also lost about half of my assets. In the first months of the panic was very strong, I just wanted to quickly sell everything and leave the market. But over time, I managed to cope with my emotions, now hold reliable altcoins, I'm sure next year they will show their growth as the crypto market regains. 
Topic: I lost half of my crypto amount! what to do? - page 19. (Read 10097 times)
That's the hardest part investing in cryptocurrency market if you encounter huge lose, because it is really hard to recover especially if the market is risky than the traditional market. You can look for another investment/coin which has huge potential growth in order recover your losses, or you can hold you current coins and longer your patience to wait for recover of your coin.
Everyone has made this mistake at some point. If they have not then they are either very lucky or very astute investors from the outset. Dont be hard on yourself. Painful lessons are good teachers
All you need do is take it as a hard lesson, now go back to your trading desk sit and see what and what you did wrong that resulted to such loss, after this restrategize and come back to the market better and stronger
Everybody probably encountered similar conditions that you are encountering at this moment. This is the universe of digital money, and essentially exceptionally eccentric, the adjustment in the estimation of cryptographic money available is quick and unstable, With the condition that you encounter I recommend to remain quiet and patient, you better continue holding your crypto resources and offer it when its esteem raised up high.
"All in" type of investments are not suggested because if the market goes against you,
there will be no funds left for execution of plan B, C etc. Holding is one of the options and
bull run should arrive in 4Q this year.
there will be no funds left for execution of plan B, C etc. Holding is one of the options and
bull run should arrive in 4Q this year.
for which I love crypto currency, it's because until you sold your coins - you do not lose anything. There is simply a choice to fix the losses and then try to recoup on other coins or wait for the price to rise to acceptable
There are blemishes on how you handle with your ventures. First is that you purchased resources or coins when they are high and now that you lost the majority of their esteem, there is no where for you to run. Second is that you turn out to be exceptionally insatiable. You ought to have considered the conditions that may occur for your different resources or different alts. Fundamentally you construct your interest in light of alts by simply relying upon what has happened to swell.
I agree with you, it's too difficult to make a plan in these conditions when you've lost much money, and the market keeps falling. But that's extremely necessary cause without a strategy the losses will be greater! don't panic and be more active
I will advice you to first learn from those that have experience in cryptocurrency trading so that they can put you through the rudiments of trading cryptocurrencies so as to avoid such loss in the nearest future. With that you can know which crypto to invest in and the ones you should not invest in. You will also know the amount to invest in any of the cryptos you are investing in. This is what i did before venturing into trading cryptos and it has since being working for me.
I think you put your cash to be extremely rich people in only 1-2 days and crypto showcase isn't that way. First you have some objective and target the amount you need to gain every month and on the off chance that it accomplished you should book benefit and exit. For your situation you been voracious and not booked benefit and lost your capital as well but rather now dont stress , hold up some time and let come the market to bullish pat
I see that the development of crypto until now has been good enough, its defense is getting stronger in the face of the heat of market competition with the continued emergence of new coins. Keep maintaining your ripple, the market will immediately fix the price and restore the situation again in the near future. Ripple now has to tighten its guard and improve its development so that it is not displaced by the EOS because it seems that EOS has started to climb to the top.
losing crypto and being a loss is common in crypto because it is a risk that we have to face and don't despair, get up and stay calm, make your failure as a lesson so you can be better for the next
Good what you diversify and invest your funds to different alts.
Now you need to wait when your moneys back, reallly good what you dont invest all in ripple afeter 3x
Now you need to wait when your moneys back, reallly good what you dont invest all in ripple afeter 3x
to gains of return as disputing use with limit on extensive as managing use of work with the investment scheme on board with the table of exchange with the bitcoin market, and collects of shifts with difference to goes on decision to follows or reveals from the running terms of plan with the trading projects on bitcoin finance.
Investing in this falling market, we will all have losses. But I think if we want to recover losses in this market, then we should maintain enough patience and wait for the market to pick up.
it is very difficult to calculate what will grow and what will fall ,and this success too much influence on us from the success we're losing our heads and could lose everything we have,need to have cold cash and a head light that would not make mistakes.
FOMO is a common mistake, jsut don't be too greedy, and be patient with time you will be more experienced and tell the difference
I think this goes to every one that invested in one coin or the other. The market generally is bad currently and I also loss about 40% of my investments to this recession going on in crypto world. I hope the good time is back.
There are blemishes on how you handle with your ventures. First is that you purchased resources or coins when they are high and now that you lost the majority of their esteem, there is no where for you to run. Second is that you turn out to be exceptionally insatiable. You ought to have considered the conditions that may occur for your different resources or different alts. Fundamentally you construct your interest in light of alts by simply relying upon what has happened to swell.
Never mind for any loss in crypto industry this is very common thing the only solution is to hold your tokens which you had bough commonly known as portifolio for traders. Never and never sell your tokens because of that this is the market where we expect bullish and also bearish trends.
Jump to: