Bitcoin Forum

I am The Sandbox 10k is it going to recover?? i am already 50% LOSE.  help!

Yes it will be going to recover again once bitcoin will be rebound again to the 44k. Im sure that this will be happening soon but there's no ETA about when a signal for the bullish trend will come again. As long as you have not yet cut loses your investment and you will be able to recover it anytime once the market turns to the bullish trend again. im holding some metaverse tokens right now.


Im still at 60% and why not? The market will always have a chance to recover even when bitcoin goes dip to the 10k and the chance will always be there. Didn't you see how bitcoin dumped to the 3k and it was slowly rising back again and surpassing the old ATH which was around 20k? if you have seen this before and you have learned a lot of lessons from that time the question is how long you have been in the crypto? Have you seen long term and big dump that happened in 2018?

I mean, first of all we are in a bad market right now that is keep going down which is understandable.
Secondly even bitcoin is at 50% or so loss right now and that is understandable if sandbox is there as well.
And lastly, it is not the main token/coin for the metaverse word, sure it is a metaverse token but it is not THE metaverse token and there will be better so if you are in it for the long term, you have to accept the fact that there will be some better versions which will make this one gone.

Even the GTA graphics which are nearly 10 years old look better than sandbox so why would people pay for that when they have a much better graphic real world on their hands in the future?

Everyone is on the lose right now due to bitcoin's pulling to the market as it's down. It will eventually recover when bitcoin has recovered too. It's expected that the market will go down when bitcoin is down too. As you have already made 50% lose, you either hold or buy more for you to have more of it while it's cheap. As in everything right now is down, so, it's not only you that's complaining about the losses but you've got to wait until it goes back.

there's no way to solve that problem mate, unless if you keep holding because surely you still have a chance to recover your money from it despite of your losses.

And leason learned from such mistakes  because to be honest that's the sad fact of being not aware of situation of the market and being lack of knowledge how to choose a good investment wherein it's either short term or long term.

So next time try to educate your self first to prevent risky situation..

You mean you invested 10k USD on Sandbox when the price was high? Well, if you still have your tokens with you and holding, then you haven't lost 50% or anything. You still hold the same number of Sandbox token. You will make a loss once you sell it at the current price. And yes, very highly likely the price will recover. The market is currently all red, so keep holding until the market rebounds and starts to go up. Sandbox will very likely follow. And if you can, take advantage of this dip and buy more.

How do you want us to help?  The most accurate answer to your desperate cry for help is, nobody knows.  It may recover, it may not.  This is why you invest amounts you can afford to lose, not amounts that change your life for the better or the worst.

Wait and see if it recovers or you can lower your Dollar Cost Average by investing more during the crash.  Bitcoin always recovered from every single drop so far.  With Altcoins this typically either takes a long time or never happens.

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Regards,
PrivacyG

Everything is down, not just your precious $SAND.
Why would ask for help from anybody in this forum about this? I tell you now, no one will be able to help you. No one knows when or how the entire crypto market will bounce back.
Your best bet is to just wait it out. If you sell out now, that's when you lose. Wait until the token you bought will recover to a point that you're seeing profits.
Sandbox is one of the best projects out there for Metaverse, I'm sure when it gets more recognized and hyped, it'll bounce back.

Yes, Sandbox will recover, you don't have to worry and I hope you can be patient. The market is in a downturn but it will recover soon and you should prepare yourself to see the recovery process from the market.

I guess everyone goes through this situation but as long as you don't panic and can hold your coins properly, I'm sure you will profit later. You can expect that everything will be back to normal this week and for the Sandbox, the chances for the price to go up will be there.

My advice to you is to pray more now with the choices you've made.

What if you lose 50%? I feel many people including you hope for a quick profit but do not accept the risk that it will happen. So relax a lot, money is holding back your happiness it makes you chase and torture you if you are not satisfied.

Any token has possibility to recover. I suggest you to read the whole chart of sandbox before try to be pessimistic with this token. Sand box is big and it can recover anytime but you are in the difficult time when bitcoin is very bearish at this moment and you are loosing your money. it will be back again but are you buying it at the top? that's a horrible thing if you have bought your sandbox at the peak price. Doing cutloses will not recover your money but if you can be patience and it may recover again soon. You're not losing your investment if you can hodl it for long term. if short term didn't work for you and then go for the long term.
im also losing some amounts of my money due to this bearish trend but the fact that if the market can recover again. You must learn from the history

Honestly, it's hard to tell but if it's a great project, for sure it will recover, so if you trust it you have to hold and wait until the price will recover. At the moment, the market seems a little bearish, so you cannot expect a good price if bitcoin is also struggling.

You may be losing even more. bitcoin break 37k and that means if this coin will be going down even deeper. You must also aware about the fact if this time bitcoin is unstable. No chance to recover your money. what you can do to hodl all of your assets for the long term. I know that this is a very difficult thing but you have no choice. It's not only you who got trapped caused by the bearish trend. If you can't hodl it for long term and then sell it and wait for another bottom to come but there's no guarantee about when this thing will be happening. People are still feeling worry to enter in the market.
Im sure that FOMO will be coming next year maybe but you must prepare yourself for the long term bearish trend.

I didn't invest on Sandbox, nevertheless, as per my experience, we are in a declining market right now. So obviously, not just Sanbox, but most altcoins are going to suffer even more than 50% decline because the sentiments tends to be negative.

But if you think that this is project is solid then wait for it to recover. In other ways, be a a holder and see how it goes for you. You don't want to exit right now because you are going to be in the negative side isn't it? So wait for it to recover.

Don't just hold stake if you can, find out in their official telegram group to know more about their staking program, this will help you accumulate more sand while the market recover, selling in my opinion is not a good option at this point, the whole market is affected and almost all investors are in the same situation as you. The market will recover but it will take some time.

It's in the gaming industry so I won't worry much, imo. I have lots of coins that is on the same industry and most of them are also in bloody status. The thing is, when Bitcoin goes down most of the crypto coins are being pulled by it.
But, I have high hopes when it comes to games applied in the blockchain. They are the future of that industry and somewhere in the future they will create lots of games that will be supported by new era gamers.

sandbox could always recover once the trends changing its direction, sandbox is among the greatest quality project of metaverse world.
if you know the prospect of metaverse you could be sure that this kind of coin gonna be the one that recovers first among any other altcoins for the simple fact that metaverse is just starting on its early phase of becoming a thing for the masses.
for a big market capitalization altcoin like metaverse, losing some portion of its value is rather normal, but they could hardly go zero because there is always someone that gonna be accumulating this kind of altcoin that’s already have quite the brand.
The main concern is sandbox will recover when BITCOIN will recover. Bitcoin up altcoin up and bitcoin down altcoin down. Up and down happened anytime

No need to worry about that, market prices keep changing as well as trends, now the market is unstable. The decline is normal, I think it would be better if you hold on if you believe in the Sandbox, but if you feel it will continue to fall, you must be wise to cut losses .

Yeah, the one true truth in crypto is that Bitcoin is king. Don't ever let altcoin swings fool you, because they may achieve ATH differently and they may go up in wild hectic buys but pull out the chart on max timeframe and it always compares to Bitcoin's chart.

About blockchain gaming, I believe the hope lies in REAL actual games. P2E shitshow is nothing to do with gaming IMO.

The behavior crypto market already known so well by all of its users except newbies who are newly joining in the crypto market. The recovery was a must and it's happening right now. You can try to watch the market and spend a few seconds to watch sandbox token and it's slowly recovering again. Im sure that this will recover again soon. So many news being used by the whales and people to create FUD to make people fear and they are dumping their tokens to the market. Bitcoin is triggering the dump but it will be also triggering for the pump as well. it's just the matter of time until you will able to make money from your investment and recover your lose in sandbox.

This is a normal happening in the nft and metaverse  world. There are even simple ape pictures that have been sold for a billions of dollar. I think the game of nft and metaverse is not about how being good the quality are but the bad'der the quality the better value lol.

I have seen some gameplay  of sandbox and I think its not really that bad but indeed the prices of their land and other in game items are too costly but the value of their native coin sand is not that high enough. I think this is where the op invested his money and not in the in game items. Sandbox game has a potential IMO and it is still one of the nft-metaverse game that is still popular until now.

The cryptocurrency market is improving today, I'm sure some cryptocurrencies will follow soon. Sandbox is up 5% at the moment, I'm sure it will be up soon, my assets have started to recover as some of the tokens I bought went up to 20% today. sandbox is a great metaverse project, holding back is a good thing.

Hey, you won't lose unless you sell it on a decline price, so don't panic because that's how the market behaves with us, don't think the price will continue to rise without any correction. After all Sand is a pretty strong token and it is in the market trend right now, so I think you are experiencing a bit of fear in this matter. All you need is to be patient and don't think about making a cut loss in falling prices.

Honestly the top was above 8 bucks, and that is A LOT of money involved, that is really not looking like a likely thing right now. But the real trouble is that even while we are recovering, it is not recovering at all and that is scary for any holders out there.

I never owned any so I can't say much, but 25%+ increase just on BTC whereas 10% increase on SAND doesn't look all that well. I mean surely it could recover even better but it looks like it is going to take some time. I hope that people would recover their losses eventually but I am not entirely sure if it will be that easy or not. Lets see how it will react when the market skyrockets again, like how bitcoin doubles in price and all, if we reach those days then we need to keep a close eye to this.

Looks really brave for put all your assets in one coin only trough bough almost 10k Sandbox coin, so sorry heard loss more than 50% from Sandbox coin investment but I think sure will recovery to higher price but not in short time, maybe two years later is time needed to get back your recovery if Sandbox team are serious how make their coin keep exist, but if developer not any good planning for next moment maybe better to cut loss when your assets increase up and I think loss about 20% or 10% is time for selling your sandbox coin, not any hope you can get profit on sandbox because price drop drastically right now.

Welcome to that experience. It's usual in the world of crypto.

Moving forward to your question, is Sandbox will get on their feet? Likely yes but remember that all what you read here is speculation and prediction. What do you think of the project? What other lurkers and followers think about the future? Just keep involved.

No one can help you but yourself. No one here will know the future of Sandbox or whatever project you are involved with.

Keep calm, currently almost all coins are experiencing a significant decline.
not only sandbox but btc and altcoins experience it too.
this is not the end of everything, if viewed from their project, the sandbox will be able to return to ATH and even exceed it.
however it will take time due to the current uncertain market conditions.