Topic: I lost half of my crypto amount! what to do? - page 88. (Read 10117 times)
I also experienced the same thing, so I think it is experienced by many people. If you want to patiently await the coins probably will go up again in the next few months and will definitely be very promising.
well regrets will not do anything to you now that its done, but all is not lost, you have learned that you cant predict the sucess of another coin based on the other, hope you wont do it again
What sound does Crypto make when getting flushed down the toilet?
Hodl, hodl, hodl. Gone.
If the original poster should have/would have sold some (or all) when he originally posted this he would be so, so far better off. I've seen it time and time again in other markets. A trader/investor has a feeling that they should do something, like sell, and instead they freeze. The moment this trader questioned himself, so much that he posted a comment here asking advise, he should have sold at least half his holdings.
He knew it, just couldn't do it.
And to all you hodl mined traders, you've been on the wrong strategy. Time to change your plan of action.
Hodl, hodl, hodl. Gone.
If the original poster should have/would have sold some (or all) when he originally posted this he would be so, so far better off. I've seen it time and time again in other markets. A trader/investor has a feeling that they should do something, like sell, and instead they freeze. The moment this trader questioned himself, so much that he posted a comment here asking advise, he should have sold at least half his holdings.
He knew it, just couldn't do it.
And to all you hodl mined traders, you've been on the wrong strategy. Time to change your plan of action.
Bitcoin - Headed a lot lower, back to the Mean
Like a lot of people on this Forum, I'm in pain right now. My gains and profits are now turning into losses - capital is vanishing, melting, gone away. And it's going to get worse. I like reading the post here, it's a good community. BUT, lots of people are going to learn a hard lesson if they are trading like they say in their posts.
I've been trading markets for 35 years - as a job - and yep, I'm an old dude. I am still a trader and an accountant for a mid-size company; stocks, bonds, funds, options, futures, forwards, and a lot of currencies (thank god we aren't in Crypto-investments at work too).
Last year was seductive, I was doing well in all the markets (equity, debt, and crypto) - 'halcyon days'. Last year, I had profits in Crypto, I was even buying into "it will be different this time." But this year, I now have "unrealized" losses with some serious % numbers next to them. And I'm, from what I read, I'm not alone.
There are unavoidable Truths coming, if not already here. Lots of, if not most, people will lose in Crypto/Bitcoin investing. It’s just the way of the market. Holding to the end is a sure fire way to lose. Stepping up, ending a trade that’s losing money is so, so hard to do. But right now, it’s the only right answer. Save your capital, fight another day.
Good luck
The King Fisher and Wicked Pigeon
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).
Like a lot of people on this Forum, I'm in pain right now. My gains and profits are now turning into losses - capital is vanishing, melting, gone away. And it's going to get worse. I like reading the post here, it's a good community. BUT, lots of people are going to learn a hard lesson if they are trading like they say in their posts.
I've been trading markets for 35 years - as a job - and yep, I'm an old dude. I am still a trader and an accountant for a mid-size company; stocks, bonds, funds, options, futures, forwards, and a lot of currencies (thank god we aren't in Crypto-investments at work too).
Last year was seductive, I was doing well in all the markets (equity, debt, and crypto) - 'halcyon days'. Last year, I had profits in Crypto, I was even buying into "it will be different this time." But this year, I now have "unrealized" losses with some serious % numbers next to them. And I'm, from what I read, I'm not alone.
There are unavoidable Truths coming, if not already here. Lots of, if not most, people will lose in Crypto/Bitcoin investing. It’s just the way of the market. Holding to the end is a sure fire way to lose. Stepping up, ending a trade that’s losing money is so, so hard to do. But right now, it’s the only right answer. Save your capital, fight another day.
Good luck
The King Fisher and Wicked Pigeon
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).
I think you hodl it longterm, the market condition everybody facing the same problem, i am also in big lose and waiting for big return, just be patient,market will recover soon, and remember investing in cryptocurrency is very risky
As long as you followed the rule of investing an amount that you can afford to consider lost, then there's nothing to worry about. If there's no need for you to turn the coins into fiat, then you have not lost anything. Just hold until the market goes up again.
Experience is the beat teacher and you have learnt some lessons about investing wisely. Many people bought bitcoin and altcoins at ATH thinking that it will continue to skyrocket. It's better you hold your coins and wait for ATH
But the author of the topic has not yet lost his money until the moment he sells coins at a low price. At the moment nothing terrible has happened, except that the funds are frozen until the next increase in the price of coins. 
Experience is the beat teacher and you have learnt some lessons about investing wisely. Many people bought bitcoin and altcoins at ATH thinking that it will continue to skyrocket. It's better you hold your coins and wait for ATH
You learn the lesson and next time make sure you invest more wisely and have the spirit of either selling when you should or hold for a longer time and see.
Investing in a coin based on the success of another is the first mistake you ever did, success of BTC doesn't mean that every other coin will succeed, hope you learned a valuable lesson, everything is however not lost yet, you can continue to hold the coins you have, as long as you haven't cashed in then there are still chances of making it
I believe cryptocurrency has the highest risk when it comes to investing and trading a single mistake can cause regret. I will advice you to stay strong and free your mind you will be back to your balance again and get more interest just be careful and always read rules understand them before making any move. good luck!
Right now, the market is very bad. Almost all coins have fallen drastically. So all you can do right now is to hodl for some more time again. The coins have fallen to a very significant low right now, and will probably start rising any moment from now.
And I am too and I think every crypto coins holders are losing their money. Because we bought when the market was green and now the market is totally red. So, I think better to hold them until market green again. I will hold my coins for a long time and I will not check them 
I lost half the value as well, if you sell you lose, why not just hodl and find potential project that will sky rocket in the future and invest a little into it?
If someone lost 50% he is still lucky one. I lost more than 50% in late January, and in next two months until now more than 70% because of holding...
If I am in your situation I will extend my patience and wait for more time to get better the market price the coins I have and don't panic,I will think and act positive and everything will follow.
Something like this happened to me as well, although I lost only on profit. Learn TA, you will get at least some of the money back.
You have learned your crypto lesson almost like everybody else - the hard way! Yes, every OG or any whale that I know have had losses, sometimes even in 3 figure bitcoins. Its important that you take our your initial investment from crypto as soon as you get the chance, play with the profits.
It seems that you invested at wrong time which has lead to half of the money with what you invested. The you are not alone many more people like you invested in many coins in December and January which are very low now, which makes you think should you sell or not. But not only me but everyone will suggest you to hold for market to be good again.
You don't lose unless you sell. Just be patient and wait a long time.
If you have lost half of your crypto amount than hold on, relax and don't panic since the market can recover soon. Many any people get panic at this time, sut always keep in mind that you don't lose anything if you didn't sell any coins yet.
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