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Topic: Should I cash out and take the loss? - page 12. (Read 2512 times)

member
Activity: 350
Merit: 10
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June 18, 2018, 03:44:18 AM
#18
At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!
Your first try is two unknown tokens and that makes you so disappointed and makes you to quit? Don’t trust x10 is good lesson, but I suggest you to try more. You shall have some top coins in your portfolio. That’s your second lesson.
jr. member
Activity: 140
Merit: 2
June 09, 2018, 03:09:02 PM
#17
At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!

Its crypto immediately you cash out you lost. Go find a job or something important to take your mind of crypto for a long time. You will be fine
member
Activity: 462
Merit: 14
June 09, 2018, 02:40:54 PM
#16
At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!

Well I must say one thing that no one have forced you to buy these coins. Obviously it is your money and you have the right to spend this anywhere you want. So listen to everyone and do it with your mind. Research properly before buying and selling anything. Let me tell you one example there is token called HBZ,
Company was advertising so much about their project and token as well. The price of token was 0.15$ during ICO. As usual everyone from the team and members from the telegram group were saying, "HBZ to the moon". Company team was of view that they will list their token on exchange soon and the listing price will be 0.001ETH, again everyone in the telegram group was saying to the moon , to the moon. You know what happened actually. HBZ price after listing on exchange was 0.0001 ETH instead of 0.001ETH per token but  again in this situation they were saying that soon they will list on top 10 and top 5 exchange and price will be good. Hold Hold was slogan everywhere. Now it's on top 10 exchange after 2 months and the price is 0.00001ETH per token. So always there is a lesson to learn.
member
Activity: 406
Merit: 10
June 09, 2018, 02:31:26 PM
#15
At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!


Maybe this time you'll realize that listening to any speculations about a certain coin isnt the right thing to do in crypto, here's what you need to do before investing in any coins out there, check their platforms, their objectives, their team, their community and their possible potential in the future, in this way you can possibly predict if that coin is certified a 10x coin.
full member
Activity: 770
Merit: 101
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June 09, 2018, 02:24:21 PM
#14
Prices for many assets are reduced by large players to buy as much as possible. Big players need you now with the your equivalent of $1000. Sell your tokens and give them your 3000 dollars. Rid yourself of suffering, and make a charity to the already wealthy players of the market Grin Grin Grin
newbie
Activity: 106
Merit: 0
June 09, 2018, 02:13:47 PM
#13
At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!

it is too late to cash out now because there is tendency that it might pump at any time. you would have activated your stop loss at about 2% from buying price. its late now just hodl.
sr. member
Activity: 994
Merit: 250
BabelFish - FISH Token Sale at Sovryn
June 09, 2018, 02:09:22 PM
#12
everything is in your hands,
but, i suggest you to hold it, and increase your patience if you want to make a good profit,,
remember patience is the key in any investments opportunities my friend
full member
Activity: 265
Merit: 100
Pretty kewl right?
June 09, 2018, 02:06:01 PM
#11
I suggest you take the risk to be honest I'm holding a bunch of prl as well, since we already lost a lot then why not we continue to hold and put more faith in our tokens, whether the value recovers or not, lets continue holding and hope that it will rise.
sr. member
Activity: 644
Merit: 250
June 09, 2018, 02:02:59 PM
#10
At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!
That is completely okay man. You are not the only one. I too have been on the other end of this trade misinformation. So many times I ended up investing in the wrong coins which made me lose thousands of dollars.
This is the main reason why I cash out the moment I make 15-20% profit or 10% loss. It really feels sad and dreadful to see all the money go down the drain and whales playing with it. The worst feeling in the world.
full member
Activity: 280
Merit: 102
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June 09, 2018, 01:58:44 PM
#9
The fact that you blindly trusted people here on this forum was a YUGE mistake. Why would you ever trust strangers on the internet? They will most likely never have your best interests at heart. Now that is aside, focus on what you can control now and that is either holding your coins or selling them. Do some research and see if they have a chance of making a comeback and assess it. It sucks you entered in at the peak time in the market though, because if you had grabbed PRL in early December you would have made a killing (had you sold of course).
full member
Activity: 462
Merit: 100
June 09, 2018, 01:57:23 PM
#8
Never ever sell your assets at losses, not unless you badly need your money. If you can be patient just hold and be patient. The market will not be in a bad shape forever and it will recover some time soon. Just be patient, patience is one of the key in crypto to earn well.
newbie
Activity: 238
Merit: 0
June 09, 2018, 01:38:12 PM
#7
the gold rule in the crypto it's not invest more than you can afford , why?
Because if price drop like what happen now you can forgot about your investement for one year or 2 or even 5 years for potential profit
newbie
Activity: 94
Merit: 0
June 09, 2018, 01:32:55 PM
#6
Dont pull out unless you need the money tbh. We are at a low point.
jr. member
Activity: 188
Merit: 1
June 09, 2018, 01:11:16 PM
#5
In the beginning of this year I cashed out my bitcoin and sold at a loss,shortly after that the market boomed and I regretted my actions . But just just follow your mind,but I will advise you to hold on a bit
legendary
Activity: 1862
Merit: 1015
June 09, 2018, 01:09:25 PM
#4
For me, altcoin far more riskier than btc because totally unpredictable. So before decide to invest on altcoin, make sure that they have stable and cooperative community.
If you believe it will increase in the future, you can just HOLD it but if you can afford to loss, cut loss become the wise solution !
full member
Activity: 504
Merit: 100
June 09, 2018, 01:08:45 PM
#3
At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!

I guess you have invested in cryptocurrency out of FOMO and invest during the peak. Take note that cryptocurrency price is difficult to speculate that even TA is not that reliable, anything can happen, price can either decrease a lot or even increase a lot any time. Let this be a good experience for you, and learn from it. If you can be patient just hold your investment and wait for the market to recover.
sr. member
Activity: 1050
Merit: 295
June 09, 2018, 01:04:41 PM
#2
At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!
Don't cash out. If there's one thing that remains constant about crypto, it's "You never loss until you cash out". Check BTC's history. It's had so many numerous crashes and death knell that you'd wonder just how many lives it has.
Don't cash out.
newbie
Activity: 49
Merit: 0
June 09, 2018, 12:58:45 PM
#1
At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!
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