Massive loss 40% underwater - page 2.

nicster551

sr. member

Activity: 896

Merit: 253

Quote from: btctalkid1 on April 15, 2018, 08:56:55 PM

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?

You should have cut your losses when the price still isn't bad with Bitcoin and now many people suffer because of this down and would make a lot of people quit crypto.

carlisle1

hero member

Activity: 2744

Merit: 541

Campaign Management?"Hhampuz" is the Man

Quote from: btctalkid1 on April 15, 2018, 08:56:55 PM

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?

Buy some beers or vodka and talk to friends then cry so you could ease the feeling of frustration from that when you woke up tomorrow morning the pain may lessen lol

Seriously,forgot the losses and start over again,but this time you must have guts and balls to stay holding specially when time comes dip market covers the crypto community

slavasxpu

jr. member

Activity: 121

Merit: 1

Analyze what was done wrong. Find a good crypto trader and give your money for trust management.

ataki

full member

Activity: 602

Merit: 100

Price fluctuations in crypto are normal and before trading we have to learn how the market works and how to react
on such situations. During bearish market there are huge dips and we have
to be careful which coins we are holding as it is very risky to hold shitcoins.

NorihiroName

full member

Activity: 420

Merit: 101

I think that nearly everyone is absolutely frustrated with the market dynamics because it is absolutely impossible to predict its future behavior.

Getcoinsite

sr. member

Activity: 714

Merit: 260

Quote from: btctalkid1 on April 15, 2018, 08:56:55 PM

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?

At this point you will realize whats the meaning of PATIENCE,thatin this market we must trust our coin and will keep the faith even the value continues to drop,because volatility is the main factor why we are gaining from this

You have nothing to do since you have already sold your coins,maybe for this better you buy back the coins and this time you will-be ready to hold long term ,and will never consider selling when loss

Or buy another set of coins,for another chance of growing before the old set you use to buy

the profit zone

copper member

Activity: 13

Merit: 0

risk management is the key to trading you need to manage risk and use stop losses

if you want free signals and educational material join here https://discord.gg/Pscajr

mikhailkudig

jr. member

Activity: 112

Merit: 1

If you have lost quite a lot on cryptocurrency in a short time, most likely, you should change your strategy and come up with a new way of earning on cryptocurrency.

Pattart

hero member

Activity: 1190

Merit: 500

Quote from: Fredomago on August 18, 2018, 01:12:13 AM

Quote from: ralph_0608 on August 18, 2018, 12:47:51 AM

Quote from: btctalkid1 on April 15, 2018, 08:56:55 PM

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?

Just invest only in solid altcoins and find a good entry price you need to be patience if you want to earn profit. many traders are struggling right now specially the newbie one even my portfolio is currently negative 68% but still i'm hopeful that i can recover and i'm confident that it would happen because i only invest in top 10 coins in coinmarketcap.

Actions should be stronger than your emotions, if you want to take another shot inside trading business you should control your emotions first, wrong actions should be considered as a learning steps you can buy top coins from the coinmarket review the movements of the team and monitor how well they manage to continue even in a struggled market,be patience and wait don't sell with another loses.

LOL therefore your emotions must be discarded because it can affect what you do, without paying attention to research first, emotions like frustration will only make you panic and any calculation will be in vain because you are more inclined to sell because of fear and panic. so the point is not to combine emotions with your calculations..

Vishnu.Reang

sr. member

Activity: 1988

Merit: 453

Quote from: btctalkid1 on April 15, 2018, 08:56:55 PM

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?

I can see that you are not active in the forum for the last 5 months. Incurring loss is a part of the game and you need to understand that. Even some of my coins are down by 90%. But I am not complaining. I knew about the risks when I made the investment.

yansen

full member

Activity: 588

Merit: 106

If you don't have experience in crypto trading, or investing in crypto. it's better to first learn about crypto. the biggest mistake is buying when the pump price. and it's done by beginners. and when prices fall, they also sell at a loss. it is frustrating. if they learn about crypto, I don't think they will do that. and keeps prices stable at high prices. then what should be done now? learn about crypto.

spiker777

sr. member

Activity: 1007

Merit: 279

Payment Gateway Allows Recurring Payments

You should be happy you're not in a 70% loss like the people who bought in at $20k.

What do you think you this was? A get rich quick scheme? I bet you did.

Now you have realized that you can't just buy in and ditch crypto or you'll get wrecked, like just did. Only invest if you believe in it long term, or you can also get wecked short term.

best ever

member

Activity: 266

Merit: 10

Quote from: buy_crypt_sell on September 06, 2018, 03:29:22 PM

You don't have to do anything. You just have to wait. Now the cryptocurrency market has stabilized and significant growth is expected. Damages will be reimbursed.

A trader must not be sure emotional, but he has to be very active. The more activity you show, the better the profits that you get are. Even holding, you can stay active.

buy_crypt_sell

newbie

Activity: 107

Merit: 0

You don't have to do anything. You just have to wait. Now the cryptocurrency market has stabilized and significant growth is expected. Damages will be reimbursed.

kagawawa

full member

Activity: 314

Merit: 100

Failure is the sale can not continue to hold and give up, so can not blame the market has left you that you are the person who left the market. Incorrect decision will result in a great loss of money and property.

robertsu

full member

Activity: 406

Merit: 100

Here you need to understand what you do with investments or trade. Also you need understand how much you are ready to wait and moment for you sell. This is the basis.

Wipro

hero member

Activity: 924

Merit: 512

Quote from: evenkjoe on August 31, 2018, 06:21:09 AM

In case of loss of 40% of funds on the crypto currency, the first thing to do is not to panic and not to withdraw the remaining money, since the rate of the crypto currency tends to both decrease and increase, it is possible that in the next six months or a year, these 40% can be returned.

Price trend may go beyond the price level if they are looking to make the money means it will be reach the peak value for sure in some months so perfect time you will be find the bitcoin price will be reach the marketplace value.
However the marketplace will be recovered in sometime.
Really plan yourself better to make your investment on cryptocurrencies buddy.

evenkjoe

jr. member

Activity: 84

Merit: 1

In case of loss of 40% of funds on the crypto currency, the first thing to do is not to panic and not to withdraw the remaining money, since the rate of the crypto currency tends to both decrease and increase, it is possible that in the next six months or a year, these 40% can be returned.

ZonaCrypto

newbie

Activity: 72

Merit: 0

There is nothing you can do about it. Investment is such a thing, you can lose in an instant and instantly get rich. You can try not to lose another part of the money and try to distribute the rest of your portfolio.

lavishlife

newbie

Activity: 137

Merit: 0

Investors should be optimistic, and you wasn't. you panicked.
At the end of the day it was lesson learned, if you still believe
in crypto then go back, if you think that that loss is a wake-up
call to stop cryto then it is you choice, good luck

Topic: Massive loss 40% underwater - page 2. (Read 1309 times)