I think bitcoin will reach $10,000 before this month ends, I really believe in that. I know that bitcoin will explode again and will reach $20,000 in the coming next month. My Hope is there. And then altcoins will next to bitcoin just like eth do today. Some alts are really profitable.

Why are people panic selling right now? Scared of a little regulation? That is bull! G20? All they might do is AML prevention. If you are not laundering money, nothing will happen to you!! And we don't want money launders in our midst anyway! Chillax, it will be OK!

I wonder how much people have lost money during this bloodbath which never seems to end. Maybe it will continue until the overall market cap is under 100 billion.

I bought Ethereum for 5000 euro in January when the price was 770 euros, and then for another 10 000 euro when the price was something like 900€. I also bought few Litecoins as well. From original 15 000 euro I have only 5000 left now, so i've lost almost 70% for now. I haven't sold anything yet.

ETH supposed to be one of the most stable coins but I really have no idea what I should do anymore. Actually I don't even care anymore if the price of 1 ETH goes to zero and I lose that remaining 5k because I have already lost so freaking much. I even had to put my house on a rent and move back to my parents for the next 1.5 years to recover from these losses if the price does not rise again.

Sorry for opening up but I had to share my story so I can feel a bit better..

is bitcoin legal???

At first, let me ask you, what are your plans when you enter this market a month ago? If you are trading stock market in past, you should have atleast some plan in mind before purchasing those coins. Do you have any exit plan or any price point where you'll be cutting your loses?

Those questions are very important ones especially now. You don't want to be affected by your emotions if you want to make a wise decision in this kind of market that we are having right now. You have some good coins out there (some of them are included in the top 10 markecap) and should be a good buy if only we are in a different trend of this market cycle. What's happening right now is inevitable as we are experiencing correction from the last bull run that we had. Together with the market makers wanting to enter at a much lower price, you shouldn't be surprised that we are having blood bath today.

If you have any trading plans, stick to it. And if you don't have any, I think it is best to cashout whatever's left in your portfolio and never come back again in cryptosphere. I'm not scaring you or making some FUD here. It is the truth and you should know it by now. This market is so harsh for the uninitiated ones.  

I understand that the crypto currency market is unpredictable, but still, when the price of our old man falls, the best time is to buy tokens, and not sell them. You need to sell tokens when the currency rises.

Almost all of your portfolio is a good coin, I think you just had a bad entry just like in stocks. better wait for  green market. I believe you can recover your losses soon because the bear is tired already and the bull is ready to make his move.

Sell and buy latter. It is as simple as that, you can´t afford to stay in the market in days like today, it is much better to be practical and understand your own mistakes.

Why are people panic selling right now? Scared of a little regulation? That is bull! G20? All they might do is AML prevention. If you are not laundering money, nothing will happen to you!! And we don't want money launders in our midst anyway! Chillax, it will be OK!

Almost all of us here in the crypto currency world is experiencing now - Negative Portfolio. I think we just hold or buy more. I'm sure that what's happening now is just the result of the fud that people are spreading so that the noobs in this game are still selling their holds.

Just weeks from now might hold back the vitality of the market and may take over a trillion market cap of crypto next month.

You have to learn how earn on downtrend markets I think.
It's amazing opportunity to make money on a bearish markets

I don't think a cut loss is a good option for this moment. I see your investment is good coins.
If you want to hold, hold it. Especially KMD (Komodo). It has a bright future.

to begin with, Cryptocurrencies have never seen a drop like this.

many people are lying. Some because they are developpers of coins and want you to keep the coin to hold as much value as possible. Some because they are paid by developpers. Some because they want you to buy coins so that they can sell with the most profit o return money possible. Bulls will want you to buy more and hold more. Bears will tell you to sell if they havent got coins, and hold and buy if they already bought them, so that price goes up and they sell with little profit. Then, another time will tell you to sell to drop another time the price.

No matter how hard this guys lie. You can do your own research. never ever have cryptocurrencies gone through what is happening right now. The major deeps in the past where because of technological issues, hacking, very low quality projects, or massive sells due to massive profit.

Nowadays the problem we have is that GOVERMENTS AND BANKS want crypto to disappear. Why? because as banks get less money to lend, goverments get less money and debt bought by them. They need each other. Banks are moving the strings behind the scene , forcing goverments to crash cryptos.

I think very few people here will tell you what i'm telling you, because most of the people here are extremist radicals cryptocurrency fighters, that will tell whatever fucked up reason they can think of so that you don't think on your own benefit.

Bare this in mind: technical analysis says this scenario is the worst ever lived by crypto. Then consider all the bad news appeared, and the huge negative ones that are coming from G-20.

Now, my advice? i know the market will not recover in probably a year. i'm not talking about full recover. i'm talking about stable market. If you don't need that money, you can play a risky game and wish all will go well. my best advice, considering all, is to sell and do it fast.

Just hodl tight yours & dont sell it if it not needed. I had same condition on my portfolio too, so in this dip like this the only thing that I do is only hold mine & off course hope it will be recover soon. Im still believe in cryptocurrency, since the trading volume are still huge, & everything related to it are still alive.

I think that now it makes no sense to sell, the more so you have good assets and I think that you will still make a big profit.

Did you buy for speculating or for the long-term investment, if you let your emotions get by this DIP, you are not in the right market. The crypto market is like that with an attack from every angle, FUD and price move with the emotions.

Crypto is here to stay, you lost nothing until you sell!