Which coins brought you massive losses? - page 5.

The_Dark_Knight

hero member

Activity: 840

Merit: 502

Quote from: SnapStefan on March 05, 2018, 01:09:31 AM

Dear bitcoin community,

Because there are no gains without losses, I decided to open this thread in the hope that I could also learn from your mistakes when you chose the wrong coins in which to invest your money.

For example, I invested in December 2017 and I lost my money in following coins:

Bitcoin
Ethereum
Ripple
Bitcoin Cash
Dogecoin
IOTA
NEM

The only coin that brought me profit was NEO.

But what about you? What are the coins in which you lost your money?

All the coins in your list are very good coins which is proof of something really important it is not only about the coin in which you invest it is also about the when, investing in December of the previous year was probably the worst moment to invest in a long time so it is not a surprise you have lost so much money even when all the coins in your list are some of the most successful in the market.

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

Quote from: SnapStefan on March 05, 2018, 01:09:31 AM

Dear bitcoin community,

Because there are no gains without losses, I decided to open this thread in the hope that I could also learn from your mistakes when you chose the wrong coins in which to invest your money.

For example, I invested in December 2017 and I lost my money in following coins:

Bitcoin
Ethereum
Ripple
Bitcoin Cash
Dogecoin
IOTA
NEM

The only coin that brought me profit was NEO.

But what about you? What are the coins in which you lost your money?

I gained profits with NEO too when the time it renamed it self from ANTS to NEO, my invested money went up to 150% however, NEO also is the culprit when I faced my biggest loss, its was when the price of NEO dropped because of the China news and ghost month. I even thought that after ghost month price will start to recover right away, but it was a wrong forecast, it took quite some time before price of NEO started to recover.

joselitobayagbag

member

Activity: 231

Merit: 10

Augmented Reality World Discovered

That would be XRP when the last FUD was hyped,coinbase FUD last year really gave me a lot of losses i invested 3BTC for the hype and ended up with .9 after the dumpage of this centralized shitcoin,that is why i wont buy XRP ever again to what i have learned the bankers are manipulating its price that is why there are no much movements from its market.

freedoom

newbie

Activity: 201

Merit: 0

I have not closed the position, so I do not have any losses)
I think it's too early to think about it, the market will soon return to its level and give profit)

Mercedes1107

newbie

Activity: 133

Merit: 0

The coin that brought me massive losses was digibyte as this lost a lot of sat's value and haven't recovered till date.

Agamemnus

full member

Activity: 267

Merit: 100

If anyone remembers comodo coin than yeah I had few hundred dollars invested in it. Lost it all. The dev just exit scammed and ran away behind the pretext of legal repercussions if he stayed on the project. Blanked the website and the project just like that. Millions of dollars worth of value gone in a day.

Rabeya

full member

Activity: 222

Merit: 100

I am in huge losses in XRP but i am recovering losses by purchasing as much as i can now to reduce average purchase cost. I will hold till it reaches $5 per XRP.

meldrio1

full member

Activity: 1358

Merit: 100

well I bought litecoin in december hoping to make profit with this coin then litecoin slowly going down and down, I'm losing my money with this coin but I just keep holding hoping to reach at least $400 this year.

deeltje

full member

Activity: 486

Merit: 101

I lost a lot in BTC and that's the last time I'll be investing in that dinosaur of a coin. I've made quite a bit on altcoins though.

radjie

sr. member

Activity: 1792

Merit: 264

Until now I have not experienced the biggest losses in trading this digital currency, because the strategy that I do by acting quickly to sell the coins I sell before the price movement has decreased very sharply. If I do not think it's the right time to sell it, I always stay calm and do not panic, it's better to wait by holding it until the price of the coins I sell can skyrocket.

ekn222

jr. member

Activity: 120

Merit: 1

Quote from: SnapStefan on March 05, 2018, 01:09:31 AM

Dear bitcoin community,

Because there are no gains without losses, I decided to open this thread in the hope that I could also learn from your mistakes when you chose the wrong coins in which to invest your money.

For example, I invested in December 2017 and I lost my money in following coins:

Bitcoin
Ethereum
Ripple
Bitcoin Cash
Dogecoin
IOTA
NEM

The only coin that brought me profit was NEO.

But what about you? What are the coins in which you lost your money?

Don't follow masses...

v0rtecxz

sr. member

Activity: 406

Merit: 251

my biggest loss is on ltc coin. at that time I put a lot of investment but at the time of its price down I was not quick in taking the decision as a result I suffered quite a lot of losses, and for other coins I do not so much lose.
but at the time of January bitcoin prices pretty much decrease in price so big impact which is generated, the losses suffered are quite large and some other coins are experiencing the same thing when bitcoin prices fall

prdn

member

Activity: 504

Merit: 10

it was the worldcore that brought me the biggest loss, I lost the most money with wrc

denis-z12

full member

Activity: 294

Merit: 103

All the coins you mentioned would bring you losses if you sold them now but you invested in them in the Mid Dec - Early Jan boom. They are all down 40-50% compared to the prices back in Dec-Jan. We have to hold the coins and see how the situation develops.

sotoshihero

hero member

Activity: 850

Merit: 504

i think it happened recently with NXT, aiming for the free IGNIS. Before the distribution happen, the NXT price was dump more than 75% in my opinion, not sure but big enough if I can remember. This is one of the unforgettable experience for me in crypto trading.

lvincent

full member

Activity: 294

Merit: 102

Bitcoin since last December it crashed i lost a lot back then, another one is NEM that bad news about the hacked nem really affects my portfolio it really a hard time for nem back then i lost a lot too and the last one the brought me massive lost is litecoin i don't know what i'm thinking it's just back then when i'm starting to trade i'm really lack of knowledge i bought a lot of litecoin i really think it will rise like bitcoin but it never does i end up lossing a lot back then too.

Sevarchik

member

Activity: 420

Merit: 10

My big miss is Ripple, after i am buying ripple all market going down. It's a curse

indrakusumaindra

full member

Activity: 728

Merit: 101

The Standard Protocol - Solving Inflation

the coin that makes me broke is ethereum i was bought it at 1100 $ and now its drop to 880 $. i was bought it when ethereum plan to make a hard fork and now they cancel it. i do still believe ethereum will back again to 1100 $ and im plan to hold it untill end of this year hope i got my money back.

erikoy

full member

Activity: 686

Merit: 125

Well i guess it is not a loss after all it is all about learnings. Most of the successful and influencial person failed at the start of their career. Just like.what you have now in your investment and it doesnt make sense that even if you lost your money you could not be a successful someday in the cryptocurrency investment. Im too sure for the next time you will invest would likely to profit you in the near future incorporating the experience you have and make it as a wrapon for the investment. I could make some suggestion regarding with ICO project that are actually a promising project like the I AM HERO ICO project. I have gone research to.this ICO.and currently there are many members among the group promoting the ICO project which means the project is legit. If you wish to know more about the project you can visit the website with the link posted below:

https://iamhero.io

vendy86

full member

Activity: 490

Merit: 106

Quote from: xarly1 on March 05, 2018, 01:37:46 AM

Well, I think you are not quite right , if you do not sell them the losses you brought . Since the new year the market was in correction of many of the coins were in decline , so you should wait the recovery of the market and sell at the best price . This opportunity is sure to be

agree with these.
if you buy Coins and the value drops, doesn't mean you get a loss, because someday as long market still positive the price will bounce back.
i even still hold NXT that i buy at 1.2$ before Ignis Airdrop begin.even i am not sure the price will back to 1$ again Grin

Topic: Which coins brought you massive losses? - page 5. (Read 872 times)