Bitcoin Forum

Folks, what a terrible year 2018 has been so far. I invested around 60K and now left with 5K. I did terrible mistakes and I hope there would be a turnaround sometime next year or so. Any suggestions?

The market has been unfavorable to many due who invested when it was over bought and then suffered losses as the market trended downward but that's not necessarily a bad thing just consolidate your portfolio and stick to lower risk assets and be patient and eventually you'll find it should appreciate and then you can recoup

That's quite frustrating but if all those coins are in the top 20 then you just need to wait for the next big bull run that everybody is waiting to come, as long as you receive updates that those coins are still ongoing and that there is still volume and support, there is still hope for those coins.

You have no other option than to hold and never listen to those that said holder are the loser , I see two way to hold and one is having it at low price and decide to hold till it pump and refuse to sell till it comes back to low but buying high and then later dip like we have the situation in your case is better to hold till the time for bull return to recurb the lost.

Honestly you only lose value, but not with the assets, because you are still holding the assets. If you are not mistaken in choosing an investment, then you do not need to worry and your assets will return to value when the market recovers later.

20x leverage on bitmex, go long on btc or eth.  Risk it for the biscuit.

Have experienced the same but i don't lose hope as things are getting green these days so i am hoping that there could be a big turn around next year and recover our loses that we incur. I am holding, that is what i have on my mind.

This is why you should always use stop loss, you would not have incurred such losses.

We can't feel the value of a stop loss until we experienced loses. Experience always taught us the value of that feature and personally i am using it to avoid further lose on my portfolio.

That's a big loss almost 95% of your investment , well it's would be hard to be back in the game if there's a certain time that you should know how to accept that you loss and sell immediately your tokens for example you've lost 30-50%.

Sell it and accept that you loss and start with a new investment to avoid further loss from your last investment. But at the start you should know and be ready that there's a time that you're going to loss.

The remaining amount you are still holding is the coins you have invested. Or did you sell them all to collect USD?

its just like gambling buddy, and now you are have a very big loss today, keep trying on next year, and hope you can leran from your mistake this year, and gain profit next year.

You can recover all the losses, but for this you need even more patience and time. And everyone had one mistake this year, ignorance of the fact that the bears will stay on the market for so long and there will not even be any corrective attempts to correct them.

You guys are not alone count me in too  :-\ I invested around $2k in 2 super hype icos now left with $50  >:(

for trying anything again one need to have sufficient amount of money in hands. its automatically hold for us who lost the money. all we can do is wait now.

Many of us have had losses this year. Best advice I think is to not panic, keep holding for the market to recover. Then the next time it dips you can be better prepared, and then sell and rebuy at a lower price. That's how to play bear markets, but obviously easier said than done!

yep this year is not good, did your sell your cryptos? if not just keep hold your cryptos maybe in the next year they will recover who knows. You can buy these cheap prices right now and earn profit soon.

Many people like you in the same way with huge losses spent in 2018. But I think the only thing you need to think is: as long as you do not sell. Unfortunately, all you can do now is wait.

This is an occasion to think. Is it worth donating billions of dollars to someone else's project and nothing to get. With such success, I would spend more chances in the lottery. Sorry for the negative. Another project let me down.

It seems that you paid for a big lesson. Don't be bored. The bull market is starting. I think we will get back our losses. Try to apply what you learned in this year.

In the past, many people were trapped in the current situation and were actually at risk. Your capital has been lost quite large like TS. this is indeed quite terrible in terms of investment

This is very regrettable, but I think that part of your money can still be returned if you invested in coins from the top 50, but if you are one of the many who invested in shitcoins at the height of growth, then your money is lost. Start all over again but invest wisely and do not be greedy.

Leave the market and built new way to make money, hope always there but not in crypto at this moment. Loss is part of risk and not only you get big losses, we all already have the same bad year. I can't suggest new way but do something is better than wait, search with your knowledge and good luck to you.

If you have not sold and your investment is in a cryptocurrency like Ethereum or bitcoin then,  you have not lost anything. The only thing for you to do is to hold your coin and see it recover it's lost fiat value. If you have sold,  it is not too late to get back at these cheap prices!

Now, there is just only one way for you. Let's be patient, don't sell it now and temporarily forget this money. The time you need to wait may be quite long but it is wiser than you sell right now. I have also lost so much when the market go down suddenly from 6k5 to 3k5 USD but I don't stop loss and continue to wait the recovery

Continue with buying crypto now when everything is super cheap. There is no better way how to cover your loss.
Remember: buy low sell high, do not do opposite ;).

I just want to know that did you already sold your coins or still holding your assets? I hope you still hold it because you will gain back the profit when market price recover, just need to patience wait for it coming, anyway hope 2019 is a best year for cryptocurrency

The question are, have you invested to an altcoin that you decided to hold for long term or you are doing some trades actively? It looks like your loss is because of holding an altcoin for long term and invested during its higher price. If i am correct, it would be better if you could continue holding that altcoin and that is if it was part of the top 20 cryptocurrency in coinmarketcap. If you know what i mean.

I regret that it happened because in general I also lost a lot of money, but certainly not the same amount as yours, I didn’t invest so much, because I understand that you only need to invest what you can lose. But despite this, the recovery of the amount should be your motivation.

don't panic just be patient if you are in a hurry you will lose even more, we will see hopefully the green trend will continue until next year and we will reap profits

Nothing much to do but to hold on now if you were not able to take out or move to a stable coin last Q1 or Q2 of 2018.

I'm sorry for your loss, I hope it wasn't last money what you have and that is funds that you aren't afraid of losing. If you hope to return your losses you should adjust yourself on a long expectation, most likely market won't update its ATH in 2019.

You can try to restore your balance using bounty campaigns. either now buy at these small prices so that when the market starts to grow you will earn more from the prices at which you bought

In your place, certainly do not need to sell hold to the last, I think you will earn , and I would take free money and investing in the coins in which you have been in drawdown

Sounds like u lost this year's salary to Bitcoin. I'm on the same boat . Jus not as much money since I don't have that kind of money. At one point I had cash into stocks and dump it and went all in on Bitcoin during October. As for me I kept dollar cost averaging. I'm still doing it. That is sad that u only have 5k left. As for me I bought in half of ur buy in and have more bitcoins. It's alot of strategy into investing. They don't tell u more like homework.

First and the MOST important rule there is when dealing with cryptocurrencies is that you only invest the money you are absolutely ready to lose. And by ABSOLUTELY I mean 100% of your investment. It kinda feels like the 60k you invested wasn't the money you were fully Ok to lose.

To get back into the game and come out ahead, you will need some mad luck and good coins/tokens in your portfolio. Stick to top 100 coins and with the next bull you should be able to at least get something back.

It's good to know what the Bitcoin community is up to. I don't have anything. But u will get ur money back. Not sure about being rich from it. Dollar cost average is good. But at this point ur about to give up. Jus hold like u plan. It's not a quick get rich Bitcoin. Greed n stuff. Plan how long to hold. Most likely Till u go zero or 3 to 4 years at least.

are you investing only in one coin ?
i mean you only buy bitcoin or in many coin

if you only investing in one coin you must hold until market situation going back
but if you investing on many coin you can start using arbitrage method maybe this is helping you to get recover slowly

I don't think you can recover your loss only by holding! If you store 55K in various tokens then many tokens can be scam or price can be dead. But if you invested in Bitcoin, Ethereum and other major coins then you have a chance to regain your loss! But I don't think that will happen in 2019! So, try to trade at this moment and keep holding until the bitcoin reach again 15K USD +. Good Luck

I only account for an investment as loss if I sell at a loss. I keep all my altcoins and I will not sell them for these ridiculous prices. I will wait for the bull market with total patience

I think you should invest in bitcoin or ETH. Because these coins will definitely rise in price when there is a bull run. And then you can get your money back.

I think your advice is too pushy, because there are many other coins out there that have good capability and are may be able to recover the losses he received, or maybe the top 10 on CMC. If the prices of both of them will rise, then not long after that, most other altcoins will follow it over time.

Now you see it as a game? If that is your observation, i think it will be good you opt in for trading, but it requires some skills.
If you can't, you should then hold, but know the right time to sell and perhaps buy back, should be of utmost concern to you.

This is a reason New ICOs struggling to raise fund. Investor like us who are in lose getting smart slowly or don't have more money   8). What is this lottery system?

This is one of the risks that can be obtained when investing but has not been able to manage well, so looking at the charts and keeping up with market developments is very necessary so we can take the right steps not to lose.

All in such a minus, no need to think that you are the only one who made mistakes. There can only be one solution to this. Re balance the deposit and wait.

that is what is called price fluctuations, the losses that you feel might be the first since you make an investment. Therefore, for 2019 you need to be more careful and cautious in trading so you don't experience any more losses. to restore your current losses, in my opinion, you hold your coin now until the price improves.

Cryptocurrency market has been unfavorable to many this year especially those who bought at all time high which am also among them. I just joined Cryptocurrency investment and am naive about when to invest and the time not invest. My loss has thought me hard lessons which is an asset for me now.

If you don't need the money, looking at it every day can be frustrating. If you wait long terms I think your portfolio can see 60k USD again.

There is no need to really hurry, so we are trying all the same to work correctly with cryptocurrencies and to invest correctly, because today investing is probably the only way to really not miss our opportunity for profit.

Many are now large loss,but it's absolutely not ochem does not speak,as the saying goes you don't lose until you sell!Keep your tokens, and you will be happy when there is a good growth, and growth will, sooner or later he has prospects and ambitions for this,especially now the big guys will enter the market

Yes your mistake is not invested on the crypto currencies but you are expecting returns under a year which made you to be in 80% loss.You might acted early to save yourself but for now you have no other option left other than holding those coins until the bull run begins.

Sorry to hear about your losses.

IMO, the only thing you can do now is to hold. Selling at 90% losses is to much, you can only wait for market to recover atm.

And what do you want when you came with such huge money on the market that within 1 month showed an increase in some tokens in thousands of percent!. This syndrome is called the syndrome of the Hamster - I think that when you buy and sell at the bottom!
What do you ask-do Nothing-hope for the best and believe that the price will return to the previous levels. If you have not sold your tokens yet, you still have a chance to return the money even though they are small.

60K wow. That is a big investment. That much investment to 5K, i hope you can still have money to invest in the market because i think right now is the best time to make the investment. If you can manage some investment, invest now.

Serious drawdown. But if you have not sold your coins, then you can still try to recoup in the future. I believe in the future of cryptocurrency.

You still have some chances to recover you deposit, and they are quite simple i guess, because some coin nowadays cost 1/10 or 1/20 of their maximum. check zec, elf

I think that when such damages in no event it is impossible to sell your coins. You just have to wait until the bearish trend is over and the market enters a new stage of its development. I am sure that the next bullish trend will bring you much more profit and you will not regret that you bought your cryptocurrency.

Maybe you can take some time to analyse the coins you are holding. If these coins are good and have potential to grow, holding might be the better option for you.

Study your assets well. Answer the question: how much can they grow in the event of the next bull run? If the answer suits you, keep waiting. If not, start trading.

When the big guys come out, I would continue investing in your place, because today it makes sense to speak about the fact that prices will grow as seriously as in general it can be possible at all, today it is really difficult to understand, but I am sure that in the future everything will improve and you will understand.

I think it is not necessary to fix the losses. I think you need to hold your coins or create a new investment portfolio of coins in your opinion that have a perspective in 2019.

my advice, to restore your investment capital that has been experiencing losses. in the future you are better coins that have good potential and among them are the top 10 coins that have been tested and are safe. and you buy coins at a low price and sell them when the price is high.

I do not know. It seems that everyone who invested this year suffered huge losses. Is it so ? I think this is a global cryptocurrency crisis. Let's see how the situation will develop further.

I have a slightly smaller scale of losses, but it is also very significant for my budget, I really hope that there will be some kind of golden token in my portfolio!)

Hold your coins tight till the better situation on the crypto currencies market. I have no doubts that at the beginning of 2019, we will see a new wave of the market growth and you will return your 60k bucks and will get additional profit.

This makes sense, but it is necessary to start investing today, it is really very profitable. The most important thing is that today you can begin the process of investing at very interesting prices.

it is not only your story most of the noobs like me and you are suffering heavy losses meanwhile rational investors or people who are in this market from a long time are now buying again their sold bags. i will say just forget about it and keep your proftolio for the next bull run (hodl)

I will suggest you do not sell your token/coin getting out when you are already lost huge value isn't a good decision, forget about your investment for few years come back later it can appreciate at any time.

Do you still hold the coins you buy with your 55k? If yes, then keep hodling and have patience. If no, use your 5k to make smart investments. Find promising coins, they are all at very low prices now so you can buy and balance your loses. I hope you did not invest money you need, if this is your last 5k and you need this money absolutely do not spend it on crypto!

stay positive, market seems to be highly oversold; why? f.e. read that article:
https://medium.com/altcoin-magazine/what-an-8-billion-dollar-coinbase-valuation-can-tell-us-about-cryptocurrency-markets-c3ce0ba1c155 (https://medium.com/altcoin-magazine/what-an-8-billion-dollar-coinbase-valuation-can-tell-us-about-cryptocurrency-markets-c3ce0ba1c155)

Don't sell your coins with a 95% loss, it will recover.

If you can add 5-10k and buy some good coins you could even make overall profit in a year. Now is a good time to buy as we are reaching support zone.

Accept my sincere sympathy for what happened to you. I believe that you can still recover your losses. When there is life there is hope. Inasmuch as you're not running away in fear and you still have the courage to face the challenges that might come your way, you are still likely going to retrieve back what you might have lost. You just start again like someone that is just starting afresh and make good use of what you have learnt.

You're a strong person.. and I admire you for that.. if I where in your shoes.. I might have killed myself (not advicing you too do so please).. whatever coin you may have bought.. pls keep on holding for there is a light at then end of the tunnel

Most people are nervous and don't know where to invest their $100 and panic when they lose even $50. I agree with you there's no need to despair and sell. There's always a chance to succeed!

Why do you say you left with 5 thousand? Do not give up. Keep your coins and do not sell them, because it will mean a complete fiasco. Now you need to wait for your time and it will surely come. If you leave this market ahead of time - then all your losses will become real. In the meantime, they are not real.

Be prepared for waiting for years for the market to recover. Holding is dangerous on bearish market. If you were trading that would not happen, at lest you could multiply the number of coins you have. Hopefully you did not invest at once and you have a good weighted average

Condolence with your loss. I myself have been split more than 10 times. I bought ETH from the price of 1 ETH = 1000 $ and currently cost 1 ETH over 100 $. Currently I still keep my ETH, I believe that by 2019 the market will recover and ETH will rise again.

The main thing that you next time did not make the same mistakes and learn from them. Later, it is likely that there will be growth, but not just going to wait. Patience is what will be the key to success.

Very big loss and definitely frustrating. There is no other way in addition to hold. That's really sad if your assets are in altcoin in high prices and still lucky if still in btc because you can allocate it to the altcoin that overall there are indeed at the bottom price. Your loss very lot so do not cut loss try invest in some altcoin that exist in the top 20 coinmarketcap and wait for recovery. Dont loss your hope and keep fight what your deserve.

we all hope so, but the fact remains a fact and it seems to me that for a very long time we will not be able to count on profit

no need to be upset about this because so many people are the same as you who have lost their money

I'm also hoping for a u-turn in 2019. I think that it will happen, because we expect positive events that should affect crypto. Perhaps it will happen by the end of the year, but I hope that a positive trend will begin from the beginning of the year.

I think that you definitely can not fix your loss because it would be very wrong

Most of the portfolio is down by 90% in dollar amount. I Bought BTC,ETH, LTC, WAN, ZIL, BLZ, NAS, DRGN, AION, NEBL, NANO, STRAT, ELF, ENG and UTK  Angry

Yes, we can expect things to be revered in 2019. But, we cannot expect all the coins will be recovering in 2019. Because, in the past I have seen many coins are getting delisted from exchanges after not having enough volume. So, recovering will be guaranteed only when we are doing with highly reputed and concept based coin.

If we have invested into a shitcoin and facing losses then probably we need to forget our capital. That is the punishment and a big lesson for our own mistake so that we can make right investments in future.

You never lose unless you sell. If this 5k left is the depreciated value of what you invested, it's not loss at all; it's just unrealistic loss. When the market turns over next year, it'll go back to its original value, or it'll even surpass it. But if this 5k left is due to your selling, yeah, then you lost. If I were you since this is pretty low enough and you already lost, why not continue in the game? There's nothing to lose anymore, so what keeps on hindering you to stay on the game of trading. Trade that 5k left, buy a good coin with it. Believe me, this is the best times of the market. We might not see this anymore. And who knows, you might get back what you lost with that 5k? Never give up!

Recovering losses is highly depending on one particular asset. Because, all the coins are not recovering when the trend is reversing. But we will get chances to recover our losses with a new capital and investing into right coins like bitcoin. I mean we do not need to be frustrated for one time losses as life is not ending here and there are a lot of other opportunities are available everywhere all the times.

probably the most important thing in this situation is not to give up and understand that this money will come back to you very quickly as soon as the bulls return to the market

I do not see the point after such a large loss of money to return to the market because you are likely to lose more money

If you're investing 60k, you should have watched the market. You've a big loss, i am sorry for your situation, but the only thing you're gonna do now is to be patient.

2018 is really a bad year for all investors , my asset value is greatly reduced, I will never sell it until the bull market appears, I will hold to die !! 

That is a huge drawdown indeed. What is your investment strategy? Based on your previous comments you seem to be a long term holder. If you are so, then a good strategy might be simply sticking to your portfolio, not converting to fiat, and wait until prices rise again. 

I wouldn't argue that the trend change will be mandatory in 2018 and I don't know what coins you've bought. In the case of a change of trends, it's absolutely not the fact that the price will recover exactly those assets that are in your portfolio 8). Some projects are dying now. No activity.

No option left except holding the coins in whatever you have invested ,because your investment has  already reduced to 1/12th .At this stage one thing you can do to convert your investment after research in good coins .

my advice continues to work well in 2019 and always strives to be good and don't make mistakes again,
making past mistakes a valuable lesson in life.

You should sell yesterday, when the price hasn't been like this. I've often reminded others about the dangers of holding. many people misinterpret HODL, they think the benefits can come only by holding a coin.

I don't think it's just you who feel a big loss in the crypto industry. we all experience heavy losses from investment or trade. this is the risk, you know that
but there is a lot we can do instead of just holding altcoin or bitcoin. maybe trading can be an option in this discussion. but still you have to take into account all the risks

Already you lost more than 90% of investment. Only 10% remains. And it is not so important in compare with initial.
If you invested in coins hold them for two year. Just forget about them for a time.
But if you invested in mining equipment at it's peak one can only feel for.

so how did you lose 60k? did you sell your coins? if not then you can still earn it back. the price drops but you still have the same amount of token. but if you sell it due to panic then better research next time. learn from your mistakes so you won't repeat it again.

I think until you sell your investment, that is the time when I can say that you lose almost 55k, because in the market, we can see it is in a downfall and it reflects market price which is too low, but too soon, it will bounce back no matter what experts say about it negatively.

You are right to some extent but I think this is good to hold your coin for long because when you buy at red then only holding is the way to make profit. If you lost the mentioned amount, I am sad for you but this happens only for selling at panic. Just be patient to over come your lose I am sure soon you will earn more than you lose.

You can lose money if you trading on Bitmex for example. You can lose money if you take part in some HYIP. There are many ways to lose money in the crypto

Your advice is meaningless. Traders also an earn under bad market coinditions like bear market,flash crash. For example,if this guy sold his assets   on downtrend later he can  buy back same amount of token for less price. Difference will be profit for smart trader.

First, You've to take note of the mistakes you made that resulted in those losses. Next you've to learn from your mistake to ensure same misfortune does not repeat itself. The bear market has taught a lot of us so many things. For me, I've learnt to add stop-loss to my trades and always take profits at the top. As for your loss, You're one of many. I lost quite a lot as well. 2019 promises to be more favorable than 2018. We'll just have to wait and see how it goes.

I hope you did invest your own money. It would be great (but very expensive) lesson how not to get in FOMO when the rocket has been already started without you. This is the best time to develop the investment strategy and to study hedging methods for the next bull market. You should always have the backdoor method for such kind of negative and "unexpected" situations.

NO. You invested 60000 dollars in Bitcoin and are left with coins worth 5000 dollars. This can mean a loss if you were to sell right now. The market doesn't show a true price of something at every given moment. It's volatile. If it swings from 4000 to 5000 one day and the other day it falls down to 3500 what was the real price? Does this price today at 3500 mean that this is what it was worth all along and you made a mistake buying at 4000?

Bitcoin is not worth 3500 dollars! It's trading around this price now but this is not the true price of it. It's in a turmoil where it's trying to establish a new bull market.

while you didn't sell your coins you lost nothing. just keep holding them and cryptocurrency market will recover in the future.

Well of course you have a big drawdown, I think a reasonable solution would be to keep your tokens and wait for the bulls to return to the market only if you keep good coins

My cryptocurrency portfolio has become 80% cheaper. But over the past week, I've made a good profit from the rise in the price of ETH. I believe the reversal has already begun. I am looking forward to the next year and ready to act quickly.

You have a heart of Gold, after getting such huge loss you are trying to make a come back. keep up the rage.

If the worth that coin you should wait or keep to increase the value but if that real cash you can invest the remaining money. 55k is almost millions to my country and it is very high. I believe you can get back again that if you are patient to wait.

No way? That's a lot of losses you got there. Well, if you will not give-up and trust with your investment and wait, you might get to recover. Just wait for maybe 5 or more years. If you are planning to invest in ICOs next time, better not because every after ICO from what I notice, is a huge dump which pounds the price to the bottom. After the sell-off, that's the time you gotta buy.

I feel sorry for your loss , this year has been so bad for many people and hoping that the market will be better next year

You're not alone in this terrible loss. Some loss their opportunity to profit and some loss their capital. The worse that could happen to you now is to lose hope when its a lot brighter on the other side if you just wait. If your ETH last bullrun was worth $1200, it could be doubled in the next bullrun. Just on to it. 

you should just keep holding, who knows when will the next bull run will happen, you might recover your loss if it happens, there's no other way to regain it other than waiting for the price to increase.

did you experience defeat? and you are confused to start?
re-enter the game, with the remaining capital and hold until the bull run comes

Well, do not panic and sell your coins that have already gone to the stock exchange. The only right choice to go into a long hold. Perhaps you can earn a good amount on this next year on the bull.

In 2018, each investor suffered losses. I think that the year 2019 will give us good chances for the recovery of investment capital.

Thats quite big loss , i would just hold the coins / tokens what you got with 60k . There is no other choice , just leave them in your private wallet and live your life . After year or two hopefully will be better =] I think its not only you that lost value in tokens . Im kinda in same boat

I guess that OP invested not in Bitcoin but in some altcoins, because his losses amount to $55K / $60K = about 91%. Bitcoin has never fallen so low even if this investor bought it at the all-time high.

As a rule, dumped altcoins slowly recover to the maximal value of prices, because investors lose their confidence in this crypto currency. That's why I suppose that the OP needs to cash out these dumped altcoins and spend the remaining $5K for some undervalued and promising crypto currency which can make 10x in a short time. But in this case, the risks will be high.

Emotional stress is really hard to defeat especially when you are not ready, but if you are planning to come back and try your luck once more, better to equipped yourself with knowledge and dedications, each time you faces hard decisions try to skip and not to decide quickly, think positive and always trust your instinct never to rely with someones opinion yet create your best strategy.

Yes, the year was really hard, but he gave a lot of knowledge in the first place we all learned that there is no endless growth. I hope that next year will be more in green shades)

can you tell me what investment you are in?  if you invest in mainstream coins, your money will never come back, but if you invest in the top 100 altcoins, your money can still come back in a few years.  all we need is more patient than before , trust me altcoin and bitcoin will pump again next year.

I just hope you didn't sell those coins you invested on. The value just fell, but you still hold the same amount of coins. This means you didn't make any loss unless you sell it for lower value. If you haven't sold anything, then all you can do is keep on holding it until the price recovers.
You didn't make any "terrible" mistake. You just entered the market at the wrong time.

If you do not have more money for investing, then wait, soon you will be again in great profit.
Better is investing when price is not at ATH.

This is actually not a good or bad decision because the more we hold, of course there will be a lot of risks. as we know that now the market is very down

It's awful to know this. You totally lose in a game and don't get anything. I only recommend storing all your crypto in personal wallets and finding a job to do. Don't continue investing when you lose money.

keep holding if you lose don't panic it's better to leave the market don't see the market too often believe prices will rise again hopefully 2019 will happen

Well, in the first correction in December 2017, and then was the first in the market of Cryptocurrencies,and who did not know that this could happen, I talked with many who in the market was aware of many things,and they did not even have time to sell, as all very quickly went down correction, and began to hold the tokens,

2018 is indeed a terrible year for crypto and because you have lost a lot of money, it is better to save your money in coins because maybe next year all your losses can be borne even you can benefit when the market shrinks
the most important thing is that you can take lessons from what you are experiencing now so you won't experience anything like that again, hopefully after this you can be more responsive in responding to the market

You now need to see if the coins you invest in still have the potential, if there is no potential to suggest you sell them. You have lost a lot of money, which has given you a full lesson. The time to invest in cryptocurrency is very important. If you are buying bitcoin then you don't have to worry.

I think the first thing you should do is to adjust your investment mentality. I know that suffering such a huge loss can make you feel anxious and disappointed, but if you still believe in crypto, then you should know more about investment techniques and maintain a stable attitude. .

I'm so sorry for these losses. Many of our friends have lost big bucks. Never sell your investments and wait for the bull season. I have no idea about 2019, but 2020 will be great.

keep hold if you buy ALTcoin ... most likely next year will be better ... not only do you almost all suffer a fairly large loss, the solution is if you still trust crypto to add more funds or maybe it is gone more funds hold the altcoin that you bought ...

Sell all of your coins and turn it into one coin, i think you hold more than 3 coins now.. So just all in to one favorite coin and take the big risk, then just wait untill your coin rise, but it will take very long time for you to get your money back.

5k in proper coins can make you go to 100k if the nice bull comes in. So hold tight and now is no time to get out of the market. So sit tight, things are going to bounce back. I actually lost to 25k worth money to a HYIP and that made me join crypto world

Sorry to hear this, mate. we do mistakes to get experience so do not get worried too much. Most of us here made the same mistakes and are ready never to make them again. It was the same way the experienced crypto analyst passed through. All the best of luck

I think it is necessary to find an asset that will help you get back into the game, or to distribute all the money between all the best projects and hope for significant growth of the entire industry.

I think that while you should refrain from investing and come here two weeks later and see what is happening with the market, because I think that by the time the market will fall to the bottom and then it is worth investing in cryptocurrencies.

You're not just the one have such losses, it might be more in the others. It really happen to us if your are not having a plan and lack of knowledge in crypto trading or you have mistaken at your choice.  It's a big coincidence that your favorite coin have falling hard and not even recover.
Everything it matters to our choice and how the way we work on it.

If you lose a lot of money to start you need to calm down and take time out. Then you need to choose a safe strategy and always follow it.

You are not mentioning your portfolio, so I can just hope that you invested in Top coins and potential ones.
In that case, there is big chance that  one day you will regain your positions when the market turns into bullish.

Do not panic still despite of the huge loss. It would be a bigger problem once you let go of your holdings because your losses will be permanent. The loss at this moment is just partial simply because there is still a chance for the market value to recover and once such thing occur, profit will again be earned and what's lost will be regain.

I had experienced the same ordeal in 2014 and I had left crypto in frustration - but I did not sell my coins. When the bull resumed I've got back all my money with huge profit. What you could do, if you have FIAT left, is to average down, trying to buy the bottom.

You can actually recover all the losses in 2019 and also make additional profits. The best way to actualize this is by buying more now at this very market dip and selling at a higher price come 2019.

i think most of crypto investors get a big loss in 2018. we bought some crypto in the wrong time and sold them in a bad market situation. if you still have some coin you should hold it. don't do a panic sell and don't be affected with some negative issues. we hope next year will be better than now.

Its happen to most crypto investor. Many portfolio investor value drop more than 90% and i think its very hurt. I am still holding my coin and believe next year is good year for market recovery

Scary and sad to read is when the amount is small, to cope with the loss is easy, but you certainly lost a lot, what let you down? Panic?

It was your misfortune that you suffered a big loss from the crypto market. However, there are many out there in the market, who invested long ago, lets say, some six or seven years ago, who have made still a big profit despite the market meltdown at present. You should have waited instead of selloff. I have also suffered loss, but I have hope that the market will go up and it is sure.

At this point in cryptocurrency market, there is little you can do to turn the hand of time. Market is still bearish and any other buying activities will lead to more loss. I will advice you wait and see your holding appreciate over time.

It is always good to concider some of the stable coins. These are created to avoid the big volatility in crypto price. I see you invested, may be, in a couple of high volatile coins/tokens ..But, you have to be patient, because thing will recover, hopefully, in 2019.

I advice to concider Gigzi project as it has relatively stable crypto-assets. The beauty of this upcoming ecosystem is the usage of precious metals to back the digital assets, creating "Tokenized Precious Metals". With this project, you can avoid the big volatility in price.

But, you always have to be patient enough to see good profit in the long-run..

You are not alone in this situation because I think there are a lot more people who have the same situation as you. I think if the $5 was on USDT, you could try to increase your balance by trading and it will do the same if the balance is on bitcoin or altcoin. But you have the other option which only checks the market in every week, and if the price can increase at least in the bought price you did before, you can sell it by small part and hold the rest for the next rises.

I think once you have managed to lose such a huge amount of money, it is obvious that again to climb into the cryptocurrency you should not, not your business. If you have the coins, let them lie till the last

I am also anxious about the current market conditions, because all crypto prices are very bad, and it is difficult for traders and hunters to profit from the market.

It is more correct to say that your coins have fallen in price. You haven't lost anything yet. Losses will be when you sell your coins. Wait, growth will be, the question is only in time.

You expressed your opinion correctly and I also think so, that we have not lost Nothing until we sell our coins. Only selling coins at low prices indicates a loss, but not when they are in your wallet. It is necessary today to adhere to the one and only correct strategy for long-term storage until the cryptocurrency market recovers.

I wouldn't feel sorry for anyone in the market, "survival of the fittest". A person invested a lot of money because of greed (IMHO) and lost. It's a really good lesson for him because he paid for it with his money.

if you waited for a turnaround up to this moment, than you should keep waiting, that is the best at the moment

This is a very big loss. I think at the moment you have to change strategy. It seems to me that active trading will bring you more profit.

Well 2018 is the year most crypto investors will not like to hear since there have been some great losses due to the dip in the market. But hey don't lose hope there are definitely better days ahead if only you could patiently wait for. There is absolutely no need for panic selling just hold on.

If you have any spare money to invest more, you can buy some more and average your initial price. Otherwise,e it may take a quite long time to get the funds back without any interest. The other thing, if all of those projects will survive or not before the bull run.

Unfortunately last year was terrible for all investors. You just need to continue to hold coins until they grow and bring profit. If you sell it now for a pittance you can receive big losses.

I still don't understand why he could lose up to 95%. If he does not sell when the price falls around 20-30%, he is certainly not an investment man. Now there is only one way to hold for a few years and hope the market can go up again

This is a large amount, I am afraid that such money will be difficult to return, but of course it is possible, provided that you show patience and perseverance. And of course if today we are talking about how to earn them, you will need big money.

my advice is to keep on trading. because that is the only way to be able to return your money. hold is not an option, when I've almost lost everything. sell coins that you think don't have potential and buy good coins like ethereum. and don't hold it for too long, when you get a protif sell and buy another altcoin.

As long as you never sell it, I don't think you loss your 55k. Its just dump its price value which means you can still recover it, if you will hold in a long term while waiting for the right time or when bull run happens here. But if you sell it, well I could say it will be hard to recover your loss again in the market.

Did you learn from your mistakes?  Were the losses a result of Fomo/Fud?  Was it money you could afford to lose?

Depending on your answers to these questions, you may want to consider giving up trading completely. 

First of all, I wish you not to get upset and look boldly into the future.
The money that you have lost is big, but if you know the reason for the loss, I understand that these are mistakes on your part, then you have already done a lot on the way to recovery.
Analyze the mistakes made very well, maybe you can fix something and in the future try to prevent them from ever.

It is a lesson learnt in hard way but it will be nice if the token are good project which you can hold till it recover as market it getting to it bottom time and any time soon might be moon again as many coin are preparing to balance and correct every error.

I think now many altcoins have risen, if you held Ethereum for example I would have fixed part and would have bought lower, so I would have done with all altcoins

I do not know what I would do if I 'd lost the same sum of money. 55 thousand is too much for me. Suppose, the guy should weigh all pros and cons of trading and realize if this business is for him, or not.

I would like to know how you lost such a sum of money, what investments did you make? In any case, I now recommend not to rush the sale of their coins. After all, there are prerequisites for the recovery of the crypto market; already this year, good coins may become more expensive again.

So you mean you needt invested at all or your mistake was in choice of wrong coin?becouse all warket have gone to bear and no matter which coin you would choice .

Yes, but you still have some money, which means all is not lost and you can easily buy a lot of cheap coins and tokens and return to the game, it is clear that winning the entire amount will not work, but the third part will be a good achievement.

5-10 years is too long, most likely it will take several times less time, but only if the coins were not already sold, otherwise there is no sense to wait for something

There's no sense grieving on your losses. Learn from your mistakes and try to never commit them again in the future. Take note that a  lot of people had lost a lot of money from the recent crash. Slowly get your losses back and stop stressing about the money you have lost. Instead, start something new and keep on trading to get something out of the market.

Right. this might be pure your own fault and also we cannot blame the market. You should understand the investment risk in the cryptocurrency market and you have too much appetite

Perhaps, the only way to have a chance to recover your loss is to wait for the bull run. Because if you will decide to sell your extra 5k, it will be permanently loss. Just be more patient and keep on believing because sooner or later there will be something good will come in here.

have you already sold the coins that have invested?if not so why consider it losses when the same volume sits still on your folio?

Since you are asking for turnaround,no one can give concrete answer because that’s impossible to predict but what i can tell you is keep holding ,never give up because after the dip for sure growth will follow,even if it takes several years still there will be recovery

I want more say in 90% of the losses, someone more someone less, and all because of fucking manipulators,which their hands dirty trying to make,they have no concept of honor and Mora,but only greed and so on,they are Demons in human form and all, from 10-15 times many sank portfolios for 1.5 years about,it's all bullshit,generally, investments should grow,but the people behind the Screen(the manipulators,have done to people with no money to leave)

The only answer which he already knew is he could only wait, no matter if he needs to wait for a long time, as long as he doesn't sell his coins, he is not really losing because his losses can turn back into profit when the price increase later. I am sure that many of us have this experience and even they lose in bigger money, but they don't sell the coins and only wait for the price increase back.

The amount of loss is very large but you still hold assets in coins and just waiting for the market to increase to cover your losses, I suggest if the bitcoin has declined in a few percents then anticipate the losses immediately exchange it to fiat or USDT

You can only learn from your mistakes and not make them again, unfortunately there isn't lot to be done with already lost money.

Next year will be better than last year what you need to do is start again with the little you have work on those mistakes that landed you here be better with your investment choices.

The market are still unstable at this moment, perhaps you should wait a bit more if you wish to make an infestation.
While waiting it should be better if we keep on getting informed about the cryptocurrency so we could act fast if something happen.

Your only choice is waiting gives more patience in the price you cant do nothing. But if you have enough money to invest on the alternative coins do it. it can give  atleast alittle bit of profit for you to gain again your loss on investment. And also gives you a back up plan if bitcoin stays on low price.

Yeah, 2k18 was a very hard year for crypto market. Many people lost their major part of portfolio, but now we have experience how to avoid mistakes and which strategy not good any more.

in investment we must be careful not only interested in big profits, we must understand it carefully do not be careless, this year many projects failed, so must be patient to wait again do not rush to sell, if your investment in projects that can not be developed again some of you should take it again, but not all, in the future we don't know whether there will be big profits, obviously don't just be interested in big profits

Unfortunately, many of us also faced a similar problem. Due to the massive fall in the crypto market, we have lost a lot of money. But in any case - you need to continue hodl your reliable cryptocurrencies, there is every chance for a gradual restoration of their high positions in the future.

It's either you accept your loss by selling them or keep holding until the price hit above your buy rate. 2018's indeed a bad year for crypto and my portfolio also lost more than 100% since then.

For me one way to get back moneys, its investing all diversified to the bitcoin again and wait.
All other altcoins even etherium not guaranties nothing.

I hope you have not sold at such a low level all the tokens, if sold then I can congratulate you on your loss of about 55 thousand , I think with such investments need to be reasonable to approach this , I also think that you need to take the money and learn to trade on short-term transactions

It seems to me that the only opportunity will be a successful bid, because there are real opportunities for this. Today there are real successful people, I think that they can be a motivation.

I think that it remains only to wait for growth, to merge such a sum is stupid, too big losses. I dropped from $ 2,000 to $ 200, but they don’t drain me, I hope for growth

It seems to me that this situation can be rectified. Only in one way, it is a long-term storage of its assets and in no case should they be sold. Because if you sell the topic there, which I today have fallen in price, then you will lose the opportunity to receive income from these coins in the future.

Sorry for your loss, but I am glad that we have such people on our forum. It is not always easy to get recover from such a lost and to continue working but I am sure it worth it and you will get your money back.

I'm very sorry for your loss. Now there is the longest fall of crypto for all years and e recovery can take a very long time. I think you should be patient and wait for crypto to grow up. There's nothing left for you to do. Well, or there is another option to start trading. Then you can increase your capital even with such a red market.

This is very sad. But please, in what currency is the 60k. I ask because it might not be such a big amount in some currencies. Anyways, loss is loss. Take heart and be more careful this time.