Topic: I lost half of my crypto amount! what to do? - page 69. (Read 10117 times)
If you sell and buy the same coin at a lower price to increase the amount of coin it is a good decision. But if you sell and lie there because of fear, you will regret when prices rise again.
If the question is whether you can get your half back, then nothing can be done and it's likely that you will not get half of your money back, and if the question is what to do emotionally, then you need to stop panicking and try to make money on what's there.
Hold. you have invested in big amount and it will very bad if you sell it and get big losses. Just invest in long term, maybe in 2019 or 2020 it will rocket because in that year many people will well known crypto.
You can lose money on crypto? The market shot up from 17 Billion in January 2017 to 600 Billion on 31 December 2017… basically every coin gained. You can only lose money if you sell low and buy high every day. If you hold the trend is up up up.
This year's encryption market has caused many investors in our encryption market to lose a lot, but we should not give up. We should continue to hold our cryptocurrency or continue to invest in it now. Wait for the market to pick up.
not you alone have fallen into this trap, now many are just waiting for growth, it can take several months but there's nothing to do, to sell right now everything is too terrible.
I also have similar status as yours. 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. Best strategy is HODL for me and will try to gain some profit this year.
I think with market condition right now, most peoples have same condition with others. Market not good right now and still falling. I am better just wait and see waiting market recover again and hopely back to highest market cap
Reconcile, draw conclusions and more so do not act. We all learned from experience. Someone is on someone else's, but someone's on their own. I also made mistakes, but now I'm getting smarter.
it is very common to encounter such situation. people tends to chase after gains and cash out during lows. Although we keep saying dont buy high and sell low, it is not easy to resist. However, learn from the experience, and you will be better the next time.
I think there are a lot of people who has similar situations just like yours. Just wait they will eventually increase in value over time. Don't panic and be positive!
I also have similar status as yours. 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. Best strategy is HODL for me and will try to gain some profit this year.
start trading mate.. so you can recover smth
You will not lost it until your gonna sold it , what do you do? just hold it and wait for the pump , diversify to other token dont focus on one token. Hold it dont let crypto play with your emotions. or else your gonna loose it all.
They are many who invested their life-saving at the pump time we need to hodl in order to recover to the breakeven price market is on recovery mode by the end of this year we can expect recover of bitcoin to previous all-time high prices
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 be patient. The market volatility is what we are currently experiencing and that is hundred percent normal. To be practical, the market value of the crypto is the one that is falling not the amount of holdings. So if you will just be patient and given that there's a tendency for the market to recover, waiting is the only solution in order to not completely lose profit. 
Almost all users lose more than 50% of the money 
because the bitcoin price and all the coins down, I also experience so, but I do not panic and convinced that the price of all coins immediately rose, because if we sell now then we will lose and regret.
because the bitcoin price and all the coins down, I also experience so, but I do not panic and convinced that the price of all coins immediately rose, because if we sell now then we will lose and regret. 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 lost the half of your funds? that is so awful... If i am you i will just believe in that coin, i will not sell it, i will just hold it until the price gets back. Because for me in investing it is all or nothing, either you will gain huge money, or you will gain money.
Yes, the crypto market got down and down and people lost there money and asset also. When i was holding my asset this time btc price was 19000$+ and now btc price only 6700$ +.So how much money we received if sell it 19000$ but now only for hold and control emotion.So most of the people upset why they do not sell their token or btc /eth but now its price below half
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 got a friend that buying bitcoin at 16000$ so i guess you are had a similar problem with him. I do recommend him to invest on ICO and if you lucky i believe in few months you would got back what you lose. I dont think hold would bring you good things and i dont think you could receive your money back again if you hold, so i recommend you to invest on ico, its true investing in ico would be a bit like a gambling but its worth a shot.
It is not only you, many investors have suffered during this slump period. At present, they don't have much options. The best thing to do is to hold whatever coins you have got and wait till the market recovers. In the meantime, concentrate on participating bounties.
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