Topic: Massive loss 40% underwater (Read 1330 times)
Cryptocurrency trading can provide benefits and can give you a loss because the prices are falling, so when you want to trade you must realize that this bitcoin also has risks and you should be able to control the patience you have to be able to make a profit.
Got in at the height of Jan this year and all holdings lost more than half from the previous peak.
Very frustrated and was afraid that crypto will be zeroed out, so sold at massive loss more than 50%+ realized loss
After sold last week, all coins came back up 10-20%, even more frustrated, what to do?
Very frustrated and was afraid that crypto will be zeroed out, so sold at massive loss more than 50%+ realized loss
After sold last week, all coins came back up 10-20%, even more frustrated, what to do?
Now the prices are going down once more. If you regret about your decision, then it may be a good idea to buyback at least some of the coins, before a market recovery takes them to an unaffordable level.
This story of selling out of panic that price of coins will continue to go down and recovers after selling is nothing new in the trading world and this is not exclusively in cryptos, this happens in the world of stock market as well. lesson there is use technical analysis. Yes we have to use those tools even if we dont like to but it will help use decide better than selling out of panic or frustration. I am not an expert in trading, but I have a lot of lost opportunities already that i can share to everyone who might need it.
well, this is the reality of crypto beginners. without sufficient understanding of crypto. just following the party last year. and pursue fast profits and hope to get big profits. I think everything has happened, you or they have to go back to learning about crypto currencies and learn about price analysis, learn to make good buying prices. because buying a pump is a big mistake. be patient and learn. and if you still have coins, hold on.
For those people who just FOMO on last year price ATH bubble do definitely drowned themselves into a bigger negative rather or compared to those who had just sit in on this years 2018.Loss is inevitable with crypto investment yet we know the volatility of each coins but somehow we can still foreseen that there wont really be always a bear market.
well, this is the reality of crypto beginners. without sufficient understanding of crypto. just following the party last year. and pursue fast profits and hope to get big profits. I think everything has happened, you or they have to go back to learning about crypto currencies and learn about price analysis, learn to make good buying prices. because buying a pump is a big mistake. be patient and learn. and if you still have coins, hold on.
when you lose the capital you have when selling at a cheap price and because of the influence of panic, you should be able to improve your attitude towards your trade, when trading must be able to control your patience because if you are impatient you will easily panic and be very easy to lose.
yes, patience is very important in trading but must be supported with good experience and strategy so that we can control patience and the profit we will get. so we can reduce the losses we experience. 
when you lose the capital you have when selling at a cheap price and because of the influence of panic, you should be able to improve your attitude towards your trade, when trading must be able to control your patience because if you are impatient you will easily panic and be very easy to lose.
Don't be affected by the current situation, waiting patiently, I am still optimistic that crypto will rise again next year. I believe there will be a big change for bitcoin and altcoin.
Yes, patience is the only weapon we can used against this bear market. Many of us have suffered losses and even thinking of quitting because of the this difficult times. But we should remain positive as this bear market can be over turn anytime. Patience + HODL is the key in bear market.
Don't be affected by the current situation, waiting patiently, I am still optimistic that crypto will rise again next year. I believe there will be a big change for bitcoin and altcoin.
In my opinion this is a good opportunity for you to surf back and challenge yourself. If anyone sees that as an opportunity then surely that is no longer a chance. Learn to be patient and surfing when the market is down and gloomy. That is one way traders can survive in this market.The money of this world will change from impatient to patient. To be honest in any case is my advice!! Good luck!
I never sell crypto when loss about 50% because I believe I can recover it only by patient waiting for next bull market. I just learn from this big loss, and create some better trading strategy and risk management. I know I was loss more than 50% because does not use stop loss, so now I only trade on the exchanges that has feature of stop loss and always use it for all trade.
First of all, analyze why it happened, evaluate your strategy, what conclusions were wrong, consult a specialist for advice.
Got in at the height of Jan this year and all holdings lost more than half from the previous peak.
Very frustrated and was afraid that crypto will be zeroed out, so sold at massive loss more than 50%+ realized loss
After sold last week, all coins came back up 10-20%, even more frustrated, what to do?
The frustration always happens and we need to know how to make it a better thing. Let's learn from these failures to make a profit in the future. Investor Warren Buffett has failed many times to get his own investment philosophy. You also have failures to be better. Very frustrated and was afraid that crypto will be zeroed out, so sold at massive loss more than 50%+ realized loss
After sold last week, all coins came back up 10-20%, even more frustrated, what to do?
40% of lossing my funds in trading is so huge than I expect Maybe I will left trading and take my self to relax if that possible will happen.
I think that nearly everyone is absolutely frustrated with the market dynamics because it is absolutely impossible to predict its future behavior.
well they have lost a lot from the market that is currently experiencing a decline and of course this will make a lot of people who will get a loss with the decline in the marketI think that nearly everyone is absolutely frustrated with the market dynamics because it is absolutely impossible to predict its future behavior.
well they have lost a lot from the market that is currently experiencing a decline and of course this will make a lot of people who will get a loss with the decline in the marketIt is very normal situation my brother. I've made this type of mistakes several times. I'm still upset about my past mistakes. We can't predict price that's why we need to accept it.
In short, having entered the cryptographic market, we should take risks, and seeing that risk is the basic lesson for us, to see them as a springboard to continue to develop ourselves, because So I think we should not be discouraged when there is such a loss. 
I think that nearly everyone is absolutely frustrated with the market dynamics because it is absolutely impossible to predict its future behavior.
well they have lost a lot from the market that is currently experiencing a decline and of course this will make a lot of people who will get a loss with the decline in the market
When something falls as much as %40 and you just watch it go down it kinda is a bit of your own fault as well. I mean I do not want to shame anybody here I have done the same things as well and the market is not making it easy however if you want to be down less than there is only two things you can do.
Get out in the right time if you can which is a hard thing to achieve or you can purchase more and more with more money you get, if you are not doing this as your livelihood that means you must have some sort of income, spend a bit of your income into buying more so that the amount of how much you are down can drop and you can get out quicker when it goes up a bit.
Get out in the right time if you can which is a hard thing to achieve or you can purchase more and more with more money you get, if you are not doing this as your livelihood that means you must have some sort of income, spend a bit of your income into buying more so that the amount of how much you are down can drop and you can get out quicker when it goes up a bit.
It is very normal situation my brother. I've made this type of mistakes several times. I'm still upset about my past mistakes. We can't predict price that's why we need to accept it.
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