Already lost 50% of my capital

[qiwoman2]

I lost 95% of my capital in Bitocin value but if I compare it to USD value then it would only be a 50% loss scenario as BitCOIN has gone up but my alts went down. Now am counting on 3 decent alts to make up that loss back proably in 2018 as they are good coins but starting to develop themselves and gaining momentum. This game really needs nerves of steel, balls of iron, that's if you got balls, coz I AINT GOT ANY as I am a lady lol, and a damn right load of patience rofl.

[malikusama]

In beginning of trading majority of the traders experience tough time but what matter is whether you have learned from your mistake or you not. If you have learned from this loss then don't worry you will able to do better in th future but if you didn't learned anything from your mistake then indeed it is a big loss you have suffered in only 6 to 7 months.
Well first educate yourself with the market scenarios before starting again, try to select coins having good reputation in past and buy in the dips like now altcoins are facing a huge downfall due to rapid increase in bitcoin price.

[marlboroza]

OP have you looked at USD value of your altcoins?
Bitcoin-altcoin pairs are lower but USD-altcoin pairs are higher, which means even they lost their value comparing to bitcoins they gained value comparing to USD.
Lets take LTC for example - few months ago for 1ltc you could get 0.015btc which was 50-70$, its value dropped to 0.09btc and as bitcoin jumped to $15K litcoin is not worth 120$.
Before even considering trading you need to know how trading actually works.

[criz2fer]

I think you should look for a good teacher to teach you about trading. If not, you should choose Bitcoin to invest in long-term. That's a good strategy

I good teacher is experience. You have to learn in every investment you are making. Experiencing lost will make you learn to trade at the best. The lost of capital is inevitable since you enter the tradings because  from the start, it was really a risk.

[Darwin02]

Hello guys. I just want to ask for your opinion or an advice.
I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital  . Some coins are still in hold.
I just want to ask what can you give to me an advice or any learnings  about trading. I'm using bittrex.

If you really think all of your coin will continue to decrease then better sell it now. i believe all your coin holdings increase in USD value but lost in BTC because of continue increasing the price of BTC this past few months . but thats not a lost actually in USD value it is depend of you how did you belive in your bought coin if you never believe in your coin dont think twice sell it .

[btcminer6212]

Hello guys. I just want to ask for your opinion or an advice.
I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital  . Some coins are still in hold.
I just want to ask what can you give to me an advice or any learnings  about trading. I'm using bittrex.

I also lost 80% of my capital after joining the crypto for 2 months. I also started with Bittrex. But I trade the whole capital loss. Currently I have gained some capital and interest. My experience is that if you have large capital, please trade on sites such as Bittrex, Poloniex ... If your capital is not large then you should trade on smaller sites like Cryptopia, Novaexchange, Coinexchange, Yobit, Hitbtc. These commercial pages have a small volume that is less affected by market fluctuations.

The site you are trading on will not guarantee anything. Your knowledge about trading is the only thing that can take you as far as you can.

Traders were not born; we all had to learn a lot to be able to trade safely. If you think it is just by buying at dips and selling at peaks, then you are wrong. You should be able to analyze and even if your analysis ends up going wrong, you should know when to get out from a trade.

it depends upon the coin you choose for it. i think ETH and LTC have been rising just as fast as Bitcoin has. Sure Bitcoin dominates about 50% of the total crypto market , but that means 50% of the funds are going towards trading alt-coins.
Trading altcoins can be just as profitable as BTC, if not more profitable if done right. Look at some charts lol. which tells you really right about them.

[Md.Esamul Haque]

Exchanging isn't simple employment especially in the event that you don't know how this crypto advertise functions.

On the off chance that you purchased great coins then it isn't a misfortune unless you officially sold those coins. I propose you can normal down your costs by getting some a greater amount of them and hold at costs to go up once more. Yet, everything relies upon what sort of coins you exchanged.

Another proposal if your new to crypto exchanging then simply purchase just those best performing coins or just Bitcoin at whatever point there is some rectification and offer at a benefit or simply hold them for long haul to make a benefit.

[krayzie32]

In my opinion, you should sell all your coins now to cut loss and invest in Bitcoin now. That is the best strategy now to earn 50% your budget again. Bitcoin has fallen down to $15000, it is the right time to buy it.

[grandpix]

In my opinion, you should sell all your coins now to cut loss and invest in Bitcoin now. That is the best strategy now to earn 50% your budget again. Bitcoin has fallen down to $15000, it is the right time to buy it.

I totally agree with this idea. When you do not have much knowledge of cryptocurrency, choosing the bitcoin investment is simple and easy to profit.

[Victorycoin]

I lost 95% of my capital in Bitocin value but if I compare it to USD value then it would only be a 50% loss scenario as BitCOIN has gone up but my alts went down. Now am counting on 3 decent alts to make up that loss back proably in 2018 as they are good coins but starting to develop themselves and gaining momentum. This game really needs nerves of steel, balls of iron, that's if you got balls, coz I AINT GOT ANY as I am a lady lol, and a damn right load of patience rofl.

I was going to say in trading, one needs neither the steel nor the iron, but with realities from the cryptomarket, those nerves of steel become inevitable to be able to sit through the maddening and unheard of volatility traders are having to face. I am thinking that a move to brokers that let traders to also profit by shorting Bitcoin and a few altcoins is more like what the situation is calling for.

[Wafilian]

Hello guys. I just want to ask for your opinion or an advice.
I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital  . Some coins are still in hold.
I just want to ask what can you give to me an advice or any learnings  about trading. I'm using bittrex.

So Sad, I think you need to reanalyze for find out what is your fault or more study about trading

[anitaraymonds]

You need to trade like a pro. Always  use your stop loss in all your trading. unfortunately you did not give out info on the coins that you are still holding may be a more concrete advice would have been giving based on the coins.

[ramend]

Don't trade if you don't know what you are doing and stick most your funds on the main cryptos like btc and eth.

[karungbitcoin]

I think you have to cut loss now because the price can be continue dump until 80% because the price of Bitcoin strong bullish trend. Before jump in to trading in my opinion you should be decide and specify the take profit level and cut loss level because this is very important to get consistent profit in trading. For example taking profit amount 30% and then stop loss 20% so by this strategy the possibility for profit will be bigger than loss.

[Obama07]

Hello guys. I just want to ask for your opinion or an advice.
I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital  . Some coins are still in hold.
I just want to ask what can you give to me an advice or any learnings  about trading. I'm using bittrex.

It is no matter you lose only 50% if you not lose any amount you can't learn about trading . when you lose your money you can find your fault and next time you solve your fault then you can success your life . Now you can hold waves and b2x you can recover your money.

[cryptogeek101]

I will advice you to stop playing with your money. Start to recover from where you stop. Trading and investment is only for trained persons. Go and do what you know best to do in life. Thanks

[iram3130]

I would suggest you to stop what you are doing because thats not how it is done. I used to suggest people to diversify their investment but I would say that I was wrong, Bitcoin will always hold 66% of the market share and its trying to reach that point.

[yrreg ger]

Hello guys. I just want to ask for your opinion or an advice.
I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital  . Some coins are still in hold.
I just want to ask what can you give to me an advice or any learnings  about trading. I'm using bittrex.

The exchanger is not the problem, you can exchange it to other like cryptopia,hitbtc,tidex and etc. the price has small difference. Your problem is the coins you choose, before of buying some coins get some idea or take an advice on the professional trader, or if you earn the token from the campaign you need to observed the market. Like this time, the coins are dumping, for me much better to trade atleast 1 week before you get the token because the price is better then instead of holding as an alt hold this in bitcoin cause it is the best coin now.y

[richardsNY]

I would suggest you to stop what you are doing because thats not how it is done. I used to suggest people to diversify their investment but I would say that I was wrong, Bitcoin will always hold 66% of the market share and its trying to reach that point.

Problem with diversifying is that in current times the altcoin part of any portfolio would have sinked down badly. I personally have never been a fan of diversifying my portfolio, even not with stocks. I never invested in stocks based on how I think they will grow throughout the years, but just based on how much they were dumped down, because that's where you can realize massive gains. Sure, you'll take more risk than normal considering that no stock gets dumped down without there being a reason for it, but the risk to reward ratio in most cases is worth it. That basically applies to crypto currencies as well.

[adaseb]

I would suggest you to stop what you are doing because thats not how it is done. I used to suggest people to diversify their investment but I would say that I was wrong, Bitcoin will always hold 66% of the market share and its trying to reach that point.

Problem with diversifying is that in current times the altcoin part of any portfolio would have sinked down badly. I personally have never been a fan of diversifying my portfolio, even not with stocks. I never invested in stocks based on how I think they will grow throughout the years, but just based on how much they were dumped down, because that's where you can realize massive gains. Sure, you'll take more risk than normal considering that no stock gets dumped down without there being a reason for it, but the risk to reward ratio in most cases is worth it. That basically applies to crypto currencies as well.

Losing 50% is not that bad. Basically that was the worst time to invest in alts because Bitcoin went parabolic.

Problem is there were some good alts to invest in like ETH, LTC, XMR, IOTA and such. But most people invested in those scam ICOs and lost big time.