Which coins brought you massive losses? - page 8.

sparg

full member

Activity: 280

Merit: 110

Everyone who bought in nov or December ar in the loss.
As all the market is in a dip right now I believe that I can put all my portfolio here and say that it brought me a loss.
But I have patience and wait for the dip to be over.
If I have to put my finger on a certain coin it would be NEO but only because I thought I can trade... Grin

andreibi

legendary

Activity: 1647

Merit: 1012

Practising Hebrew before visiting Israel

Quote from: SnapStefan on March 05, 2018, 12:09:31 AM

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?

Yikes! You actually bought almost every top. A smart investor wouldn't buy the euphoria in any market.

Bitcoin - should have waited for the January crash
Ethereum - should have waited for the January crash
Ripple - bought too late
Bitcoin Cash - future uncertain, shouldn't consider
Dogecoin - shitcoin
IOTA - has issues
NEM - months too late.

alex_kir

full member

Activity: 490

Merit: 100

I think that a lot of people got stuck from the Bitconnect project, the same thing awaits ripple project participants, because so many people started buying up the Ripple project when it was very expensive.

Gracciiaa

newbie

Activity: 38

Merit: 0

TRX,
Davorcoin, and
GRX

i'll say those were my biggest loses. Still uncertain about Hextracoin since they're yet to hit an external exchange.

The hype on TRON was quite high back then, a reason why you should not fomo in, and GRX makes me wonder if it's worth holding a coin for the long term since that's what got me stuck in the first place.

slaman29

legendary

Activity: 2674

Merit: 1226

Livecasino, 20% cashback, no fuss payouts.

Oh I wouldn't worry about the coins you got like Bitcoin and Ethereum. They really are not THAT far from their ATH prices (try to think in percentages rather than actual hundreds of dollars).

My current worse performing coin is Elastic. It is current trading at 15% of the price I bought it at (bought over 20k satoshi and now barely 3k satoshi). So that's perspective for you!

Golftech

hero member

Activity: 2128

Merit: 520

Quote from: SnapStefan on March 05, 2018, 12:09:31 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?

In terms of loses, I don't have yet since I'm still holding those coins that I bought from that time, I do have nxt when ignis is the talk of the town, too late to realized that polo will not support the fork, the downfall is part of this system so holding will be much preferred, don't lose hope and keep monitoring if you still have money to use, then buy the same coin that you are holding, so when the time comes to that project and the rise start to show up for sure you will earn a lot and be satisfied.

electronicash

legendary

Activity: 3178

Merit: 1054

its the NEM that i've lost not because i invested when the price is at ATH but i have dumped too late Grin

if i just did it quick while the token is being pumped, i could have saved my profit in my wallet and not in the hands of those whales who pumped NEM. the project is good though i just don't consider it being used by more devs

StevieLuigi

newbie

Activity: 21

Merit: 0

Tron. Possibly the worst investment i’ve ever done

ShadyMash

copper member

Activity: 298

Merit: 11

https://wesp.io

i joined to the crypto currency trading in 1st quarter of 2017.and i don't know much about coins but i bought some coins from bittrex.then i get very small profit and exit from that coin.somehow i collected 0.05 btc.one day i saw people show lot on interest in OKcash. people say it will go to atleast 1$.so i bought okcash for 18K with my all BTC.then it crash like hell and i sold my okcash lot for just 0.009 btc

laurenB7742

full member

Activity: 1302

Merit: 129

Vaccinized.. immunity level is full.

Quote from: SnapStefan on March 05, 2018, 12:48:15 AM

Quote from: xarly1 on March 05, 2018, 12:37:46 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

So you're saying that waiting for almost 4 months to see if a coin is good for a short-term investment wasn't enough?

How did you expect short term profit when you bought after that rapid growth in December? Ok you didn't know at that time but you probably bought near all time high. Well, you probably expected that growth will continue for some time, but you should always keep in mind that buying after 100%+ gains in last month, is risky. It could go on for some time, but usually there is correction coming.
So yeah, 4 months was not enough, apparently it will take more than that to get back to prices in December. But I am optimistic about it so keep Hodling.

mariayaz

jr. member

Activity: 294

Merit: 3

I always bought coins at cheapest price, i was still in some profit when bitcoin has hit $7000, so no losses so far. There is a key, never buy a coin whos growing rapidity and at high price.

SnapStefan

newbie

Activity: 56

Merit: 0

Quote from: xarly1 on March 05, 2018, 12:37:46 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

So you're saying that waiting for almost 4 months to see if a coin is good for a short-term investment wasn't enough?

xarly1

full member

Activity: 420

Merit: 100

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

SnapStefan

newbie

Activity: 56

Merit: 0

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?

Topic: Which coins brought you massive losses? - page 8. (Read 883 times)