Topic: I lost half of my crypto amount! what to do? - page 52. (Read 10117 times)
Though decision Bro! but I appreciate your courage towards that! it's really normal of course at first you've seen that the price increasing so you decided to put up a lot of money, but it's all natural, and part of the process, I better suggest to hold it and wait.
Now many investors have the same situation. And there are two possible options - to keep their altcoins and wait until the market turns around and they grow up. And the second option is to sell all the coins at a loss. But I do not recommend this method. Just have patience..
Loosing half of your money is more like a norm in the crypto space when you are new in the market, however relax and take a chill pill in anticipation of a possible bull run if you invested into good and profitable coins, but if otherwise then stay woke and wait for your losses to be recouped after which you will diversify into projects with great future.
you do not need to panic. Now almost all the holders of the crypto currency are in about the same position, as the crypto-currency market has completely fallen in price. 
I think you should hold. I know it's not practical but who know's what will happen in thr next few months. I just kept on buying and accumulating now that the price is low.
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 have to stay calm, because you are not alone .. out there are many people who also lost their profits. You need relax, do not check the price every time, relax.
In fact, FOMO was one of the biggest mistakes for many investors. Therefore, one must understand that many faced such a situation. Just need to define a strategy to minimize your risks.
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?
Believe me you are not the only one who did that fomo. Who did not surprise when bitcoin price spiking last year ? Everyone thought that bitcoin price will increasing more. The lesson we learn is, never buy it when the price is spiking. You just chasing the hype, there is no guarantee that you will be able to sell higher than you buy.
I think that every investor lost some of his capital during this fall. But we should not be upset. If we want to make good money in the world of crypto currency, then we must learn how to earn money in a falling market.
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?
All investors have an investment portfolio which in dollar terms now decreased by 2-3 times, but this is not a reason to despair or panic. You have to be patient and hope that the second half of 2018 will be similar the end of 2017, when the price of the cryptocurrency grew every day and the portfolio has increased several times in dollar equivalent.
I myself have committed comparable errors of FOMO and it just appears like everybody does, similar to it is a vow to turning into a decent broker. So you have committed the cardinal error of FOMOing (dw we as a whole have) now you are in a spot of hodl or offer I would hodl myself since I don't care for offering at misfortunes. Additionally you need to take a gander at whether those coins or not have a shot of escaping the red and to the extent I know those are alright coins and you ought to have the capacity to crawl out of misfortunes. Finally, realize that I am still sack holding two or three alts from a year ago some of which I have had for 10 months now (and don't know when I can dispose of yet will endure it).
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?
Just wait. I' ll wait for example etf on bitcoin or a huge improve of the adoption. This brings liquidity and the market will go up.
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?
First rule in any investment.. put in what you can afford to lose. You already lost half of it and might lose the other half if you don't sell. But it's also possible to earn them back or even more if you wait.. that is just how investments/currencies work.
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 considering how the market is now, i just hope u pull out then
Investments involve risk always. I believe that you do not need to get upset. We need to move on. Try to divide the coins. It works.
We are all ,buddy , are having some loss ,someone more ,someone less ,personally I am having - 80 % of my funds since January ,this is very sad situation but we must be patient , the bearish trend will soon or later be over .
I think you should wait, and if you have trading skills, you can simply increase the number of your coins even in a bear market. Although you did not fix the losses, these losses simply do not exist. Just put your coins in a cold purse and wait.
Do you know that I lost how much money over couple of months, not only by crypto but also dollar/national money ratio. Global economy is very weirdly disappointing and crypto is no different. I think its best to keep holding your alts. 
So I fundamentally got fomoed. Towards the finish of 2017 I perceived how high bitcoin soar and chose to put resources into swell as a test. Short of what multi week it went up 3x. This made me more brave and I put in 11k aggregate in different other alt coins like swell, ethos, tron, and cardano. After the crash I lost about portion of my esteem simply like that. I am baffled with the experience and wish I would have quite recently put in 1k or something. I wish I could just not put and went into what I was doing before which was simply contributing the exhausting and customary way. Would it be a good idea for me to pause and hodl or haul out and accomplish something unique?
I think you should relax and find a job or a job, to put off the loss. In this market, there is always a volatility and possibly today's bottom is tomorrow.
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