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Author Topic: i lost 20% of my budget  (Read 2183 times)
jackiemixon2
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December 10, 2017, 11:28:27 PM
 #101

Don't be panic man, the price will come back soon, just because Bitcoins are attracting the volumes of investors, they will withdraw from Bitcoins and invest back to altcoin soon.
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karungbitcoin
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December 11, 2017, 08:40:23 AM
 #102

That normal and always just like that, but if you plan to hold that coin dont panic take easy and just patient to wait the price will be reborn to the normal. But if you now on day trade and you bought on the top much better cut loss right now and buy back in deeper price so the risk will be less.

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December 11, 2017, 09:36:31 AM
 #103

why are all these cryptocurrencies are going down?
It's because the crypto market doesn't have any control whether it will pump or being dumped. And why are you worried about it? Are you still new to this market? Before getting in you should know what are the pros and cons of crypto investment/trading. Law of supply and demand is applicable in all aspects of crypto's when there are too many supplies in the economy their price are going down because many are selling.
You think everyone really read about cryptocurrency and the whole idea of blockchain technology before they got here? SO many people just heard crypto is the booming investment and then they decided to give it a try without even bothering to know all that is necessary to know so they do not fall a victim of being a panic when situations like this arrive.

In the case of OP, patience is absolutely required in the crypto world. I have held some coins for long and when they eventually pumped, they gave me even far more than I even expected.
What is not visible that can’t be trusted thoroughly. Bitcoin is one of the most impressive currency of the world and now it is making sure that this fact will be true in upcoming few years. And for investing and trading in bitcoin, you need to be patient enough that this amazingness of bitcoin can make you rich. For that, believe in your coin and stay calm while prices are not in your favor.
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December 11, 2017, 07:16:19 PM
 #104

why are all these cryptocurrencies are going down?
Not all its actually depends what coin you bought make sure before buying any coin you already search about the project and not just listened to the FUD thats why you buy it. self learning is the best weapon to low the risk of buying altcoin.
Any coin can go down, whether is a good coin or a shit coin. The market is volatile, so I won’t say seeing drops in prices is dependent on the coin that was bought. However, for someone who wants to hold for a very long term, this should not be a concern as the coins will get a place in the hearts of investors later on and for those even with little market caps, they have a way of growing hugely later on.
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December 12, 2017, 04:23:58 PM
 #105

why are all these cryptocurrencies are going down?
keep patience and you will see the price of them again increasing. If you are talking about only bitcoin then it is only a smaller correction and because of some rumors people are selling and when they will find that the price will increase then they will again start to buy and for other altcoins I think people are putting their money in bitcoin right now and when they earn their profit then they will come back to altcoins so the price of them will again start to rise.
Patience is a lot of attribute needed to be able to successfully make good decisions in the crypto world either as holders or as traders.

It is not going to always be easy, but as long as you know what you are doing and you understand what you are investing in, then the last thing you will ever do is to be worried. In no time, a good market always gets back in shape and then you see it get pumped again.
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December 14, 2017, 03:35:00 PM
 #106

Don't be panic man, the price will come back soon, just because Bitcoins are attracting the volumes of investors, they will withdraw from Bitcoins and invest back to altcoin soon.
It happens all the time. That is one of the reasons I have always tried my best to stop trading just any altcoin anyway. I prefer having alts with some pretty nice volume, knowing that no matter what it cannot get as bad as I can ever imagine it.

Shits are always bound to happen but the thing is that over time, the market gets pumped back like you said, once traders are cashing out profit and looking for a good trade.

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December 14, 2017, 04:47:23 PM
 #107

Don't worry man, 20% in crypto is not so much, take care about risks and decide, whether you trade or invest

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December 14, 2017, 05:10:08 PM
 #108

why are all these cryptocurrencies are going down?
sorry for your loss.We see that If bitcoin pumping then all altcoin dump.To trade you have to control your emotions in mind.The crypto market always fluctuate.So If you control your emotion and keep Patience and wait for next pump then I hope you recover your losses.
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December 14, 2017, 05:45:44 PM
 #109

why are all these cryptocurrencies are going down?
keep patience and you will see the price of them again increasing. If you are talking about only bitcoin then it is only a smaller correction and because of some rumors people are selling and when they will find that the price will increase then they will again start to buy and for other altcoins I think people are putting their money in bitcoin right now and when they earn their profit then they will come back to altcoins so the price of them will again start to rise.
Patience is a lot of attribute needed to be able to successfully make good decisions in the crypto world either as holders or as traders.

It is not going to always be easy, but as long as you know what you are doing and you understand what you are investing in, then the last thing you will ever do is to be worried. In no time, a good market always gets back in shape and then you see it get pumped again.
Patience would really be a crucial thing on trading world which this thing is commonly needed for us not to make possible wrong actions because of our emotions which is the common reason.If you did invest on strong project which do really good on long term then dont panic and do believe that they would eventually go back up again just remember not to sell on lose since we can anytime wait up for price recovery.

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December 14, 2017, 06:48:17 PM
 #110

why are all these cryptocurrencies are going down?

Some will say bubble, some will say correction, I simply think the free markets want to hold more bitcoin as of now and that is why money is being pulled out from alts. Give it some time when people get bitcoin gains they will look to diversify and that day or days alts will boom in my opinion.

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December 15, 2017, 12:05:39 AM
 #111

I lost 25% of my Bitcoins today in my Poloniex account not because it was hacked but Its because I tried to hold an altcoin a little bit longer thinking that it will recover but unfortunately, the alts that I bought continued to drop until I sold for BTC. Others may think its not a wise move because we all know that it will recover eventually, I have other plans that I think will help me gain back what I lost from the altcons carnage today.
As long as you have a plan and you are not improvising then you can do whatever you want, just make sure to have a realistic plan, since I'm not a trader I'm a lot more passive when it comes to my investments I do not like to have a big turnover, once I buy a coin I have a tendency to keep that coin for a very long time, probably a few years before considering selling.
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December 15, 2017, 12:07:58 AM
 #112

Enjoy your gains these days ^^, most alts have been up these past days quite steeply, hope you got your budget back.
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December 15, 2017, 05:49:37 PM
 #113

That normal and always just like that, but if you plan to hold that coin dont panic take easy and just patient to wait the price will be reborn to the normal. But if you now on day trade and you bought on the top much better cut loss right now and buy back in deeper price so the risk will be less.
Yeah, there are some coins that you really do not need to worry about in cases like this, most especially when you are holding them for the long term.

They will always come back better and will never be stagnant for long. I really do not see why any holder should even be worried. Also, except for those who are really trading and they know what they are doing, they would have known the best thing to do in losses situation like this.

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December 15, 2017, 05:53:34 PM
 #114

most of these coins are manipulated by whales , just be paitent , almost 99% of the coins are higher than last year same time!

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December 15, 2017, 06:10:45 PM
 #115

If you see the altcoij that you have decreased or down the price better if you hold that. Because it's normal all coin is decreasing price. But don't worry and for sure you will earn more profit in the future if yiu hold that coin like few years or longterm. All you need is patient because if you have that you can wait the price to increase so you can make a profit. Those people are failed in trading don't have patient so tjey lose some of their capital and they lose profit.

 
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December 15, 2017, 08:08:17 PM
 #116

If you see the altcoij that you have decreased or down the price better if you hold that. Because it's normal all coin is decreasing price. But don't worry and for sure you will earn more profit in the future if yiu hold that coin like few years or longterm. All you need is patient because if you have that you can wait the price to increase so you can make a profit. Those people are failed in trading don't have patient so tjey lose some of their capital and they lose profit.
I think that each who deals with the works of understands that in the upcoming there is always a and ups and fall. therefore, did not in retrospect, it is necessary to strive to go ahead. need to put on those moments that are more promising, let and expensive to date as bitcoin.
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December 15, 2017, 08:42:16 PM
 #117

LOL. You no need to worry about it, It's just because the whales are trying to buy all good potential cryptocurrencies with lower price so they dump the price of the cryptocurrency they wanna buy Smiley). For now everything is going fine again Cheesy. When you join trading, this case will happen again and again so you no need to worry about it Cheesy

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December 16, 2017, 08:28:35 AM
 #118

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. Keep trying yourself going up and making the progress. Everyone is not winning every time. Every time you would be in profits, there must be some losses coming along your way. You must keep them in mind and keep trying hard to earn more. If this happened with you once, don’t get worried. Buy more and play with this, it will give you fruits.
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December 16, 2017, 08:52:39 AM
 #119

Don't worry, this is very normal in digital currency trading. I had lost 95% of my whole budget but slowly now things are coming back and appreciating at least in dollar value. Of course if  had sold everything back then in July for Bitcoin I would have now a sizable investment but still am grateful that we can make money in this space if we keep at it and not give up. Main thing is don't panic everything you see your portfolio go down, it can go up also and it looks like 2018 may be the year that makes many cryptarians millionaires.  Smiley


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December 16, 2017, 09:18:15 AM
 #120

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.

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