Topic: I lost half of my crypto amount! what to do? - page 83. (Read 10117 times)
You can't earn all the moneys that in front of you. You should learn to calm down and do the right think you think, no matter what the result is.
I am down by around 75% in my portfolio, it was 95% a few weeks ago and I am just hodling right now, nothing much else to do. I feel this industry is still very small and we are STILL in what I would call early adoption stages. I would invest also in some infrastructure coins as well, like EOS, ADA etc. I have some EOS, VEN and ICON, not much of each, but enough if they really moon, I might have a nice little windfall. I plan on trying to get more with some of my earnings, over and above my living expenses of course. Don't dump at a loss, whatever you do. We are still really at the beginning of the profit chain, patience and faith are what are needed right now. 
This is a bad situation for everyone who have entered the market during the strongest fomo at the end of the last year. Market can recover for months to achieve that level of support from investors. What to do? Let it be in crypto, because without any special circumstances there is no need to do that. You would be at a huge loss. Give it a time. If you are still owning shitcoins, wait for a pump or sell it and buy a solid coin. Keep calm and wait. You can lose everything or make a profit: nobody from us knows which way is market going to move tomorrow.
I think you are not alone. Almost everybody lost in the past months more then half of their amount in cryptos. But you just have to know, thats normal. The hype last year was to damn high. And it was clear that there will be a correction. So if you dont listen to the experience trader, now you learn it on the hard way. For the next bullrun, you will know it. So the only thing you can do now is selling with loss, or holding untill the value of the coin will rise again. I prefer holding!
I'm in the same situation as you . But I understand that crypto is a big risk . When I came here , I knew I could lose everything.
:oMy friend, the market is cyclical. If your coins are lost in value, never sell them, just wait. Haste never leads to anything good. 
The market has continued to decline, and most market investors have lost something. But you have to know that this is a normal phenomenon in the market. There will not be a market that has been rising. We should stay calm at this time and wait for the market to come again.
What you mean by lost, you cash out at lower price ?
If yes - use this how expirience
If no - you still not lost hodl and maybe you can not oly recover losted, and make some profit
If yes - use this how expirience
If no - you still not lost hodl and maybe you can not oly recover losted, and make some profit
I think it`s better to wait for a more favorable moment for coin sales. If u succumb to panic and sell coins, then u definitely lost 50% of the funds. But u didnt lose ur money until u sold the coins.
I also agree with you because if you panic then the funds you have will not return all because of loss, you have to be patient and must be optimistic that the price can go back up because cryptocurrency is full of surprises and possibly can happen.
You should have planned a certain indicator wher you have to cut your loses. But you can hold it for long and never mind it until the value have grown higher. It will take probably some years of holding if you are patient enough.
I think it`s better to wait for a more favorable moment for coin sales. If u succumb to panic and sell coins, then u definitely lost 50% of the funds. But u didnt lose ur money until u sold the coins.
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?
The answer is simple - as long as you don't sell in minus you aren't in minus, so yeah, hodl.
I had similar issue when bought my first cryptos back in 2017, some of them i did bought at a fantastic cheap prices, and some at their high peaks.
In less then one year every single coin in my portfolio gave me profit at the end of 2017, when market was bullish - i did partly exit.
Remember to buy when everyone is selling, to sell when everyone is trying to buy. Don't be afraid to miss profit on some coins, it's normal you can't catch all the money on the market. Stay cool and wait for your coins to gain value again.
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?
This is the art of investment, maybe if now does not stop growing maybe you will regret why just put 11k and not 50k. My advice is if you still believe in this technology, keep hold it. Maybe in the future you will not regret it. 
Everybody lost minimum half of their money and I lost also, but I think you must be patient and hodl your all altcoins, you will see this losts will come back soon.
Actually we learn from the mistakes and you got good experience,Still there is time to to recover the losses,Now best way to handle the situation is to hold till and you maximize your capital and if you have extra amount invest in other coin and trade to generate revenue.
it seems that you are not alone in facing this situation, I am too, even my friend is worse, this is the risk of cryptocurrency, but believe me, just hold, you will get the value back, keep the spirit
Yes your right. You are not alone in facing that situation because many of them are also lost from crypto but be patience always to make succesful profit.
Many people have the same situation as you, in a different way. Spend more time studying value, losing the psychology of speculation, and returning to the value coin. Sometimes it's important to choose, and many people recommend keeping it, but if you choose a junk coin, you shouldn't keep it and sell it immediately! .
I would wait and HODL.
Ten years down the road you could be rich.
Ten years down the road you could be rich.
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?
One of the keys to investment is patience. You may have passed the lowest period. If this time you still hold it I'm sure maybe in the future you are grateful never sold it.
My opinion is if you have some altcoin of course you also know how the growth of each coin. Currently the trend is rising. My advice is to sell coins that are not potential and put them in altcoins that are growing well.
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