Linhkej
Member
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Activity: 350
Merit: 10
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July 24, 2018, 03:14:25 AM |
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I lost a lot from Ponzi Hyip and ICO lending. I am currently holding some top 20 coin. The amount of money I owed is so great, I had to mortgage my house, I did not know what to do anymore, please help me advice if I should continue in the Crytopia this or not? You should not leave the Crypto market. You should engage in bountyd campaigns to earn a loan. The campaigns usually pay pretty well and I think in 6 months you can earn enough to pay your debt. There are many ways to make money in this market and you should make the most of it.
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entrepmind23
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July 24, 2018, 03:35:54 AM |
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This would be a lesson for many greedy people who always want to earn in an easy way, hoping that OP already recover from his losses. I advise not to used loan to have money to invest in multiple investment company specially in fonzi scheme which offering huge amount of return of investment and that promise in 99% will not give to the investors
Obviously, OP didn't listen to the most famous advice about investment which is "Invest only what you can afford to lose". He cannot afford because he has to pay first what he borrowed and if he will not be successful in his investment then he would have to suffer the consequences of it. It has been five months since OP ask about it so I hope he was able to figure out what he should have done and was able to pay his debt. His mistake is investing in HYIPs which is, more often not, a scam because it is too good to be true. If ever you have borrowed from someone, then list all your debts and pay it one by one starting with the smallest amount so that it will remove some weight in your shoulder knowing that you have paid some of your creditors. Ask if there would be a chance for debt restructuring and they will most likely accept it than not being paid at all.
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TheKeyLongThumbI
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July 24, 2018, 07:20:03 AM |
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I lost a lot from Ponzi Hyip and ICO lending. I am currently holding some top 20 coin. The amount of money I owed is so great, I had to mortgage my house, I did not know what to do anymore, please help me advice if I should continue in the Crytopia this or not? That is a very bad situation. You should perhaps stop on trading and start to work on regular job and settle those debts that you have. You need to fix those problems and only after that you can go back in trading if you are planning to because if you still insist, those problems will affect you and your trading.
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lushlifing
Newbie
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Activity: 196
Merit: 0
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July 24, 2018, 08:12:04 AM |
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You should've invest what you can afford to lose before you invest into something make a proper research, ask advice here. by the way sorry to hear about that.
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racingboy
Newbie
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Activity: 126
Merit: 0
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July 24, 2018, 08:41:19 AM |
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Oh no, that's a dire situation you're in.
Holding to the top 20 coin is a great idea, might be the safest investment. also, why not try trading? try scalping strategy, low risk low instant profit.
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Giratina
Jr. Member
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Activity: 126
Merit: 2
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July 26, 2018, 01:28:05 AM |
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I think to come back in this kind of business you must know what are the still trusted company to invest to make sure that your investments is in good hands, come back when it in the affordable price.
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Dudeperfect
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July 26, 2018, 03:16:10 AM |
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As it is recommended by the experienced members, one should not invest more than his loss-bearing capacity. However, if you have invested the amount more than that then it is recommended to do research about the market and analyse your risk profile. Recovering loss is not a difficult task, however, investors should have patience along with strong research to back his further investment decisions.
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Lisadavis87
Newbie
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Activity: 30
Merit: 0
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July 26, 2018, 04:18:32 AM |
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It looks like you should sell all the coins you are having to repay, or you can wait and hope. If you keep buying more you are more likely to lose more or get all evaporated.
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AnnaJames12
Newbie
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Activity: 33
Merit: 0
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July 26, 2018, 01:56:48 PM |
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I see Hyip's investment risk is high, and always feel insecure. I advise you to explore and invest in electronic money especially Bitcoin and Ethereum, etc... Of course, the investment is risky but risky money is much lower than HYIP. It is important now to be patient for a short while. Hope you are lucky!
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CryptoCoin8487
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Activity: 218
Merit: 10
I AM HAPPY TO BE A TRADER
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July 26, 2018, 02:11:06 PM |
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I lost a lot from Ponzi Hyip and ICO lending. I am currently holding some top 20 coin. The amount of money I owed is so great, I had to mortgage my house, I did not know what to do anymore, please help me advice if I should continue in the Crytopia this or not? OMG how could you invest in crypto that came from your owed money my always know that when you are investing in crypto dont invest that you cant afford to lose and now you owed a money just to invest in crypto and now you will lose your money OMG!
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keanne_isaac
Full Member
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Activity: 392
Merit: 103
www.daxico.com
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July 26, 2018, 03:38:40 PM |
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I lost a lot from Ponzi Hyip and ICO lending. I am currently holding some top 20 coin. The amount of money I owed is so great, I had to mortgage my house, I did not know what to do anymore, please help me advice if I should continue in the Crytopia this or not? it seems you invest in crypto with out knowing what is it. as you been victimized by ponzi schem le and hype coins but you mention you are holding top 20 coins i suggest keep it for long term no matter how the price goes down as it can recover soon and you may able to redeem your losses. do your own research before investing not by just following hype from others.
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stefany101
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Activity: 616
Merit: 103
A Blockchain Mobile Operator With Token Rewards
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September 06, 2018, 10:34:01 AM |
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In order for you to comeback and recover your losses in investing or trading cryptocurrencies, you must learn to control your self in doing it. Do not be panic on selling your coins if you know that it had increased and have patience on yourself so that you can minimize some losses. Don't be afraid to take risks in your crypto activities.
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Nasty23
Full Member
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Activity: 736
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
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September 06, 2018, 10:52:26 AM |
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I lost a lot from Ponzi Hyip and ICO lending. I am currently holding some top 20 coin. The amount of money I owed is so great, I had to mortgage my house, I did not know what to do anymore, please help me advice if I should continue in the Crytopia this or not? it seems you invest in crypto with out knowing what is it. as you been victimized by ponzi schem le and hype coins but you mention you are holding top 20 coins i suggest keep it for long term no matter how the price goes down as it can recover soon and you may able to redeem your losses. do your own research before investing not by just following hype from others. Yes it is very important to do our own research before investing because it will help us to avoid those scam investment and it can also help us to develop our own strategies to earn more profit in the future.
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cryptorima
Jr. Member
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Activity: 278
Merit: 1
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September 06, 2018, 11:14:13 AM |
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I don't recommend you to start trading with borrowing money. Cause tarding is not so easy. You can loss your whole money on it. So if you want to start trding you need to start with free money. You can get free money by joining bounty and airdrop.
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