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Author Topic: i lost 20% of my budget  (Read 2183 times)
DGulari
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December 16, 2017, 11:40:41 AM
 #121

Dont panic, the cryptocurrency is so high fluktuasion and if you choosed the right coin and that coin good in fundamentally the price will be going up again, just wait patiently, but if you bought in the top for the better cut loss it and buy again in cheaper price, but this is need more time to do it.
Your first and last sentence are contradicting. First you said just wait patiently because it's only fluctuation. But in the end, you are saying it's better to cut loss when the price is lower than you bought it. See?

Don't worry man, 20% in crypto is not so much, take care about risks and decide, whether you trade or invest
Yes this is not so much big amount.
If you have invested 100 btc and it down 20% (down 20 btc) is it still "not so much big amount?"

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December 16, 2017, 01:57:24 PM
 #122

don't sell if you will lost your money.. your purpose of investing to make a profit. usually price go down just temporary, I suggest you should keep hold your coins until the price rise up and sell at the right time to get profit..
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December 20, 2017, 02:55:36 AM
 #123

I tell you a story and you should know what to do. I heard someone said he bought bitcoin at 7k, then nervous and sold at 5k. Now, you should know what is the current bitcoin price.
What a story! However, your story plays out for someone that is holding for long anyway and I really do not know what a trader will be looking at to let the value gets so low to that point before selling for profit unless the person is probably a newbie.

The truth is for anyone who is not a trader, there is no point being bothered about what the value of cryptocurrencies are at those moments. The best thing is to buy when they are at dips and even get more profit in the long run.
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December 20, 2017, 03:16:06 AM
 #124

why are all these cryptocurrencies are going down?
Did you lose the 20% of your budget just because of cryptocurrencies are going down? If it's the reason then probably you earned 50% of your budget as of now because the digital currencies are continuously increasing these past few days and most of the expert keeps on telling to hold you coins and wait for the shocking positive value this coming year. However, the bitcoin experience decreasing of value today compared to yesterday's value which is almost at $20,000. As the matter of fact, most of us had lots of questions and thoughts about the negative issues happening to bitcoin's value.
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December 20, 2017, 04:43:03 AM
 #125

why are all these cryptocurrencies are going down?

not all digital currencies decline, if it decreases it is just price correction and take profit only, if you are hooked and sell your coin at cheap price then you will lose, should hold and wait until the price back to normal.
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December 20, 2017, 04:48:01 AM
 #126

I think everyone on cryptocurrency loss their budget too like you and they still try to recover their money although it is difficult. I think it is normal because I am sure that someday your loss will be back and even you will earn a big profit because you don't panic and still wait for the price increase back. the most important thing here is how we can manage our emotions to not panic and not worried because we are losing our budget and if you are having difficulties to manage your emotions then I suggest you take a rest for a while from cryptocurrency and do not open your computer.



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December 20, 2017, 05:11:27 AM
 #127

why are all these cryptocurrencies are going down?
Sorry hear that, Is time to buy BTC-UNB,now Bc its possible UNB, will hit back 12k !!
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December 20, 2017, 05:12:41 AM
 #128

You are not alone dude, I think there are many people out there who also lose 20% of their budget or even more, including me who have ever lost my budget up to 50%. That's why we call it trading, we can not predict when prices will rise or fall. My advise is if the price of the coin that you bought down far away,  you can sell the loss to buy back at a low price if you play short term, but if you are patient enough to wait then you can hold the coin until the price rises, all depends on your decision, and do not forget never panic if the price drops, take it easy because the price will surely rise
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December 20, 2017, 06:21:12 AM
 #129

why are all these cryptocurrencies are going down?

how do you feel? definitely feel depressed if you have to lose capital worth 20%, in the trading world we must be patient and should be able to analyze the market do not get too lust to get a lot of profits and do not easily fooled by negative issues, save coin you buy as an investment.

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December 20, 2017, 01:01:11 PM
 #130

why are all these cryptocurrencies are going down?

how do you feel? definitely feel depressed if you have to lose capital worth 20%, in the trading world we must be patient and should be able to analyze the market do not get too lust to get a lot of profits and do not easily fooled by negative issues, save coin you buy as an investment.

Well that's common though and many traders won't even flinch if they lose that amount since it can be earned back if you know what yo do. And simply being composed and holding instead of selling at a loss can avoid those setbacks

 
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December 20, 2017, 01:13:13 PM
 #131

i would like to say before you invest your money you need to learn about the value of  different type of crypto currency and take some analyse behavior in market.
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December 20, 2017, 01:46:38 PM
 #132

Losses can be recovered and because of those losses you will be more careful in doing your next actions in maybe trading or investing and it is really great to see some people who are falling down because that is the test for them if they are going to make their losses as their inspiration or they will just let their losses take over them and make their fear wins.



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December 20, 2017, 01:59:35 PM
 #133

why are all these cryptocurrencies are going down?
Do not fuss, most often you need to remain calm and not sell coins when they fall. Yesterday I wanted to sell bitcoin at the time of the fall, but did not do it, now it becomes more expensive.

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December 20, 2017, 02:11:35 PM
 #134

They all go down because people are panicing and dumping them and some other whales collect them in dip and will profit an tripple their investments so don`t panic and hold.
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December 20, 2017, 02:13:54 PM
 #135

why are all these cryptocurrencies are going down?
Keep calm and don't panic sell, if you bought at the top then be patient until the next run or cut your lose and treat it as expensive experience. You don't lose a long as you haven't sell the coin so if you believe the future is bright then just hold it longer.

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dragoz11
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December 20, 2017, 02:14:26 PM
 #136

Yeah it can be happen and it happened to me as well I panicked and sold my coins and after some days they recovered and even went up by 50% each so I was dissappointed even  more, so don`t panic.
YuurinBee
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December 20, 2017, 02:14:45 PM
 #137

why are all these cryptocurrencies are going down?

just wait a week, it will be christmas and greens everywhere Smiley more and more money pumping into crypto too

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chicobr
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December 20, 2017, 02:25:08 PM
 #138

It is just a correction of the market. After a long time increasing, the investors will sell to get profit. That is very normal. After Chismast holiday, the market will recover.
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December 20, 2017, 02:53:09 PM
 #139

I also lost a big chunk again from my portfolio because of the switch from bitcoin to bitcoin cash that the market made today. I am really sad about this but what can we do, this is life and this is the way markets work, Some people win and some people lose, that is that really. I hope one day we can all make some good gains again Some people made it big again from this bull run, some of us are still struggling with our portfolios, we just have to keep our chin up and hope for the best.


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Iceblast
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December 20, 2017, 03:04:41 PM
 #140

why are all these cryptocurrencies are going down?

just wait a week, it will be christmas and greens everywhere Smiley more and more money pumping into crypto too
cryptocurrency down is only temporary, but in the next few months it seems to be able to get a very good price and can rise to the highest position. altcoin prediction in 2018 will be able to touch the highest level.

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