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Topic: I lost half of my crypto amount! what to do? - page 94. (Read 10117 times)

member
Activity: 798
Merit: 17
2023 would most likely be as bearish as 2022
Do not panic. please keep in mind, always holders win. you have proven examples from the previous past.

Examples

Eth Starts on 2015 under 1 doller now 800$ , on the peak times it was 1500$.  please be patient. if you sell then you will face loss. better keep at least 6 months.
member
Activity: 252
Merit: 11
PLAYHALL - SKILL GAMING PLATFORM
Hodl is best way to gain profit, fluctuacion of crypto so high so the market still able to going up in the long term, just hold it in minimum 1 year and i believe you can get best profit. But if you are day trader, you can sell it and buy back at lower price but this is need more time and more skill.

Nope, dude. Hodl is not suitable anymore these days. The market is not the same as like 2015-2016 when the market is easy to predict.
Nowadays, too many Capitalist elites who want to shut down cryptocurrency.
They bribe the news agency to make a FUD news. Crypto these days is hard to for hodlr. Too much elite conspiracy.
member
Activity: 252
Merit: 11
PLAYHALL - SKILL GAMING PLATFORM
To be honest, you choosed not the best altcoin list for investment.

Cardano. Present itself as an anonymous coin, but their anonymity came up to be fiction. The coin has nothing unique.
Ripple is centralized and speculative, but you can wait for spring manipulations and it is likely that the coin will return to previous peak values.
Tron is a bloated bubble, there is no finished product and their whitepapper is plagiarized filecoin.For the future, I would not advise you to hastily invest in coins, which you have not studied in detail.

Especially when they are at their peak.

Little bit disagree with your Cardano argument. Cardano has a new proof of stake algorithm, it called Ouroboros. It's better than Ethereum. You said Cardano has nothing unique. I think you don't know nothing about Cardano. I suggest you to take a look their Whiteboard Video on youtube channel. You can learn a lot about Cardano technology there.
full member
Activity: 560
Merit: 100
You need to be patient. Maybe you will have to wait longer than you thought. You do not need to sell coins now. If you do this- it's will be a big mistake. Just wait.
full member
Activity: 602
Merit: 107
Wait for the market to recover Tongue Total crypto market cap will for sure exceed $1 Trillion USD this year.
sr. member
Activity: 630
Merit: 253
it is normal if you invest in crpyto

there is big profits and big losses here

but as long as you re confident with the coin, hodl is the only thing you can do

if you want a safer investment, put your money to the bank for interest
full member
Activity: 854
Merit: 102
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?

Not only you, maybe many other friends experience the same thing. We must be patient and hold until the end of the year to avoid losses in our investments.
member
Activity: 126
Merit: 11
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?

Selling will only make you lose more money. Hold thight, in a few months the money will get back to your wallet.
Just don't sell!
member
Activity: 208
Merit: 13
TRUSTED CARS ICO
You don´t loose until you sell, so yes they have dropped in value and you may been caught in a couple of coins there... life goes on and you will eventually recover if they are solid projects.
newbie
Activity: 112
Merit: 0
It's heartbreaking to invest into the market when the market it's at it's highest. Well, as long as you didn't sell, you still got the money, only that you will get them back in a few (months) years.
full member
Activity: 265
Merit: 100
I will repeat what was said here at the forum many times. Until you sold it, you did not lose it. I try to follow this rule. Since if I personally sell at this point all the Cryptocurrency, then I will remain at a loss of 65%. I can not let this happen.
member
Activity: 273
Merit: 11
Sorry for you , but you are not alone. Now you have to decide if get out from the cryptomarket, accepting the losses, or if you prefer to come back to fight.
I'm very optimistic about the future, but of course I don't give any advice.
Choose wisely!
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
I guest if not should have known that the market volatile in nature and suppose to prepare your mind well before your investment decision.

Losses are common in this crypto currencies field so preventing is the best way if you invest in something be sure and make a research about that currency don’t be scare or panic after investing so this is the right method to invest.
member
Activity: 229
Merit: 10
I guest if not should have known that the market volatile in nature and suppose to prepare your mind well before your investment decision.
full member
Activity: 672
Merit: 100
Tontogether | Save Smart & Win Big
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?

that's the consequences become trader, if u dont ready for a big lose dont become as a treader. in this cryptoworld u can be rich in one minute and poor in another minute. and for what happen to u now, i think u just can hold ur altcoin and hope the price will up and back to normal again.
newbie
Activity: 81
Merit: 0
look like you're still not ready to trade cryptocurrency professionally. You need to study a lot more before you can earn money from this unstable market.
member
Activity: 350
Merit: 39
dApps Development Automation Platform
Hello!Thats not the badest what happening today,before we got bigger drops just dont need panic and sale all ur invests for lowes prices,if u do that u lose 100%.In this time u need only to hodl in my opinion becose if u dont sale on low prices and hodl u dont lose anything,and in future u rich ur succes.
member
Activity: 546
Merit: 33
Rasputin Party Mansion
As you can see from posts, it's a very common situation, so don't dispair!
Now we are in a period of transition, so volatility is high and nothing is sure.
But there are good signs that in the next months the market will rise again.
full member
Activity: 197
Merit: 190
Time like these are where you learn and show what you're made of.  Now is when people start to panic and if you can hold off on that later you will realize why you don't do that.
member
Activity: 210
Merit: 10
you just need to wait for the growth of the market! sooner or later it will still recover and it's a fact! there is only a matter of time! do not know how to wait pour into the minus! all in your hands!
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