When can I expect my coins to recover? Feeling very depressed...

[Poink]

You made the classic noob mistake. You went into all the stuff thats already high and had giant gains. Like Neblio I got for $5 or so.. You paid $27? ..... See your mistake? You should go in coins that are still low. I made like 30% in the time you only lost money despite the market going up and down only.

Currently I am suggesting this as its probably going to rise. I dont suggest you going all in with it, and probably you make the 2nd noob mistake of holding on to your shitcoins instead of putting it into projects that actually have a good chance to go up a lot .....

but here it is anyways.. i expect this to go x20-x50 soon when they launch and announce their first partnerships-.

https://bitcointalk.org/index.php?topic=2818552.0

why do you call the altcoins i am holding, shitcoins? i've spent fair amount of time doing my research. all of them are promising projects, especially sub and wabi

Scare tactic...to shill a coin he believes in.  

[muenze]

It just makes no sense to buy high and think you will make profit. Especially not in this market. So with shitcoins I more mean that you just overpaid. I mean you can see in you losing money that its shitcoins to you, right? Like see ETH.... Dont you realize millions of people got ETH cheaper than you? Some for 10 cent? How naive is crypto investors they think they can ever make a profit before all the millions who got thousands of ETH for cheap? They will all cash out before you... And for every $10k out ... 10 new naive investors like you must get in again with 1k..... and thats why ETH is barely moving up because so many people got it cheap and collect their earnings and the higher it gets, the less sheep can be found. Why are you (and millions of others) so blind? Isnt it COMMON SENSE since thousands of years to buy cheap and sell high not the other way around ?

Meanwhile as you and 99% of the market lose money I invested in DATA(dta) and IOSTOKEN and others and some are already up 100% in the last 7 days, and some muchmore than that. I just sold a coin with x15 profit despite the market currently. Thats why I say you need to buy cheap even if 99% of crypto market dont believe me and only loses like in goldrush times and in dotcom bubble 99% always lose money because they are naive sheeps following the herd -.....next to blow up is spacechain,but keep playing it safe in the big bubble coins LOL

I disagree.

Using ETH and BTC as example...you concentrate on the price where it is already at it's ATH.  Can you say the same when it was $10, $20, $50, $200?

When was it high enough NOT to buy?  How can you say the new alts are already at their ATH?  No one knows that is why we speculate.

At some point its just too high and too much money needs to get in to double again. Thats why everyone talks of bubble. Of course nobody can know when a bubble pops, and if it ever pops..... but you must be blind to not see its easier for ETH to double when its at $10 billion.... then it is when its already at $100 billion as now. If ETH ever would get to $1000 billion (value of APPLE) which i doubt eth ever can do.... then tell me who is going to pay the $10000 for 1 eth ? who ? and whats their advantage ?... none... With something as ETH you only have the risk of it decreasing in value or staying about the same, but you have no actual upside. For every guy who got ETH for $5 and cashes out a million... It will need 1000 new people to get in again for $1000... and that would not even increase the ETH price, just keep it even. Why do you think in gold rush, in the dotcom bubble, 99% of people lost money? You really think everyone who buys an eth now will become a millionaire? Thats naive.

[pedjo99]

It is in human nature to buy something when there are green candles, because you feel more secure when buying them instead when they are in red. But here in crypto things go a little bit different . You should have researched few coins that have solid team, strong community and realistic roadmap ahead. Then wait for some price to drop and buy as much as you can. Then you would have had very good entry point for future price increase. In your situation, which was quite opposite, you bought at ATH, but don't panic. You didn't lose anything until you sell those coins back, so keep holding them until price comes back to level where you have at least bought it.

[Poink]

i totally agree with meunez  above and I missed the boat everywhere.

So now I feel I gotta get mines, so im looking and its like,  it seems if the coin has broken $1, then its way too late,  im starting to think if they break .10 then youre way too late.    Makes me sick seeing how low some of this stuff was a few years ago even last year and the crypto boat has pretty much sailed on everything on that top 40 list.  

It seems you gotta catch these coins before they break .10 in order to be able to make decent money if they ever break $1 and so on.  But its like if you invest in a coin that already $10,   then $100 will only get you 10 and if that hits $100 that 10x but that seems like such a long shot now

but  something .004  seems a lot easier for that to 100x.   Even if you get the discout (i guess) for the bigs like eth at $800.  how many does a new investor have to invest to buy at that price.  

IT must be a wonderland for all the people who got paid off big last year on alts and bitcoins, cause now they can just get in for a lot on any new coin and so on.    the more I look the more I realized that theyre maybe no getting on this boat anymore.  Just gonna gamble on the low coins and hope something big happens.  

Thanks for the compliment, but its not too late. I have made insane profits from altcoins and I only started a few months ago when Bitcoin was like $5000. You are making one mistake. While I do like coins for $0.001 thats not really the correct indicator. The correct indicator is market capitalization. So lets say some coin got only 100.000 coins , it might still be cheap even at $50 or $500.

For something as Ripple, or ETH to double now, it will need many, many billions of dollars. And you have to consider all the millions of people who got it cheaper than you. But its still revolutionary times, the next big ripple, big ETH, might just be coming out and if its valued at lets say $100 million, and only another $100 million gets in, you will have doubled your money. If a billion $ gets in, you have x10 your money. While as for ETH; to double your money, $100 BILLION would need to get in.

To be fair, I do the same and hunt new coins.  In fact,  made money on ICX, VEN, TRX, EMC2, ELF, CND, etc, etc., etc.

It is however wrong the hit people who buy more expensive coins because they speculate.  Using hindsight is foolish.

As I said on earlier post,I counter your post with BTC/ETH, do you think people who bought them when they were 100x foolish?  Look again.

[cioloxl]

I am pretty new. I bought in all my coins on January 9th and it is hard seeing all of my coins in red. Every one of them is still down 40%-60% and I am wondering if will ever recover? The problem is that I am not sure if the projects I invested in are simply under-performing or I just entered at a terrible time. 

These are the coins I bought and hodling ($500 invested each into btc, eth, and ltc and $120 invested each into the other altcoins):

Bitcoin, Ethereum, Litecoin, Icon, Neo, Dragonchain, Wabi, Enigma, ETHLend, bounty0x, Po.et, Substratum, Neblio, UTrust, Medibloc, Enjincoin

Realistically, when should I expect to recover? I am scared that I am going to be in this bloodbath for long time and make no profit. I want to make at least $1000 profit by June-July to visit my grandfather in Korea to buy plane ticket. Please help. It is very hard to be patient. When will I see some light 

We've all been there, friend. The most important skill one has to learn in this business, is not to give in to feelings. Fear, especially that of missing out can be a real pain in the ass and, honestly, what sets apart winners from losers. Tried and tested by yours truly.

That being said, somebody must've given you a few lectures on crypto cause your picks are more than solid. Don't know that much about po.et, utrust, ethlend or medibloc but your other choices are top notch. Wabi and Substratum are what I consider hidden gems (is there even such a thing in crypto top 200? Maybe). Neblio, dragonchain and bounty come close. Solid projects, solid teams. On the long run they'll all be top 30-50 contenders. There is no need to fret, unless you put in money you need soon. Which should never happen.

[muenze]

You made the classic noob mistake. You went into all the stuff thats already high and had giant gains. Like Neblio I got for $5 or so.. You paid $27? ..... See your mistake? You should go in coins that are still low. I made like 30% in the time you only lost money despite the market going up and down only.

Currently I am suggesting this as its probably going to rise. I dont suggest you going all in with it, and probably you make the 2nd noob mistake of holding on to your shitcoins instead of putting it into projects that actually have a good chance to go up a lot .....

but here it is anyways.. i expect this to go x20-x50 soon when they launch and announce their first partnerships-.

https://bitcointalk.org/index.php?topic=2818552.0

why do you call the altcoins i am holding, shitcoins? i've spent fair amount of time doing my research. all of them are promising projects, especially sub and wabi

Scare tactic...to shill a coin he believes in.  

not just believe in... i also question myself constantly.... i always look on both sides.... really think things thru.. which rarely people do now. i started with a few $100 and now i could already retire... all within months... i invested early in verge, tron, raiblocks, waltonchain, and others.. and look where they are now..... the only "secret" is buying cheap. doing it like the EARLY eth investors. doing it like the EARLY bitcoin investors.. i am just copying them... its not rocket science..... going in cheap projects instead of overpriced, expensive projects. Will SpaceChain go x20, x50 or x100 too? I dont know it. But the same was true for early bitcoin investors. They did not know it. They did not get rich buying something thats extremely expensive already with millions of people in it who got it much cheaper than you. See ripple? I dont even want to know how many wall street guys and bankers put 100.000s in it secretly. Dont you think they will all cash out before you can ever make a huge earning on your $1000 investment?

[go4crypto]

Your coin picks are good so nothing to worry. This correction is almost over so we should see
recovery starting in next week or two and a big rally after that. Just hold patiently and do not
watch the prices for next couple of weeks!

[quickie69]

You made the classic noob mistake. You went into all the stuff thats already high and had giant gains. Like Neblio I got for $5 or so.. You paid $27? ..... See your mistake? You should go in coins that are still low. I made like 30% in the time you only lost money despite the market going up and down only.

Currently I am suggesting this as its probably going to rise. I dont suggest you going all in with it, and probably you make the 2nd noob mistake of holding on to your shitcoins instead of putting it into projects that actually have a good chance to go up a lot .....

but here it is anyways.. i expect this to go x20-x50 soon when they launch and announce their first partnerships-.

https://bitcointalk.org/index.php?topic=2818552.0

why do you call the altcoins i am holding, shitcoins? i've spent fair amount of time doing my research. all of them are promising projects, especially sub and wabi

It just makes no sense to buy high and think you will make profit. Especially not in this market. So with shitcoins I more mean that you just overpaid. I mean you can see in you losing money that its shitcoins to you, right? Like see ETH.... Dont you realize millions of people got ETH cheaper than you? Some for 10 cent? How naive is crypto investors they think they can ever make a profit before all the millions who got thousands of ETH for cheap? They will all cash out before you... And for every $10k out ... 10 new naive investors like you must get in again with 1k..... and thats why ETH is barely moving up because so many people got it cheap and collect their earnings and the higher it gets, the less sheep can be found. Why are you (and millions of others) so blind? Isnt it COMMON SENSE since thousands of years to buy cheap and sell high not the other way around ?

Meanwhile as you and 99% of the market lose money I invested in DATA(dta) and IOSTOKEN and others and some are already up 100% in the last 7 days, and some muchmore than that. I just sold a coin with x15 profit despite the market currently. Thats why I say you need to buy cheap even if 99% of crypto market dont believe me and only loses like in goldrush times and in dotcom bubble 99% always lose money because they are naive sheeps following the herd -.....next to blow up is spacechain,but keep playing it safe in the big bubble coins LOL

hey I define shitcoin as a coin with literally no vision/solution whatsoever that's bound for a quick pump and dump. isn't that how the community generally defines it? I also like to look at the volume and market cap to see if there plenty of room to grow. This is how my decision to buy a certain alt coin is based off of. So by this definition, none of the coins I bought are ‘shitcoins’ like you keep insisting, regardless of when I bought it. do research on my coins and you'll know none of that pump and dump garbage. also, I was initially planning to hold long term anyways (7 months to a year).

2)   I applaud that you made big profits on those coins, but at the same time, you were playing with fire and had the short term gains mentality. Those small cap coins could easily plunge and just be a pump and dump. It seems like you’re trying to ‘guarantee’ that spacechain is going to blow up but there is no guarantee. What if it’s a pump and dump? Yes, buying at the dips/when it's cheap is common logic but investing in SpaceChain would be dangerous compared to let's say buying EOS/IOTA/VERGE (you name it) at their dips. FYI, I wasn't following the crypto market at all until I got In (really had no interest. although i had interest in actually investing starting from late December, but wasnt following the crypto news/market at all) and just woke up decided to begin investing on January 9th....and it coincidentally happened to be the beginning of the month's first bloodbath. i know buying cheap and selling is common sense. it was just unlucky random timing for me

[Tobi777]

I am pretty new. I bought in all my coins on January 9th and it is hard seeing all of my coins in red. Every one of them is still down 40%-60% and I am wondering if will ever recover? The problem is that I am not sure if the projects I invested in are simply under-performing or I just entered at a terrible time. 

These are the coins I bought and hodling ($500 invested each into btc, eth, and ltc and $120 invested each into the other altcoins):

Bitcoin, Ethereum, Litecoin, Icon, Neo, Dragonchain, Wabi, Enigma, ETHLend, bounty0x, Po.et, Substratum, Neblio, UTrust, Medibloc, Enjincoin

Realistically, when should I expect to recover? I am scared that I am going to be in this bloodbath for long time and make no profit. I want to make at least $1000 profit by June-July to visit my grandfather in Korea to buy plane ticket. Please help. It is very hard to be patient. When will I see some light 

Money is collected when prices are low. When it goes up, it starts selling. Now, wait patiently. I do not expect a price increase in the short term. Maybe there will be an increase before entering summer.

[cryptoblackhat]

Instead of wondering what *time* the coins will go up, I suggest wondering *how much* they will go up by when they do.

The timing can vary. Sometimes there's bad news in the market, sometimes there's good news. Trying to be too impatient and sell at a particular point in time could result in bad decisions.

But given a good, solid coin you should be able to rely reasonably on the fact that it will go up eventually some time in the future. So then it's more a matter of determining what the actual market value is likely to be, so that you're ready when it does go up to sell at an acceptable profit margin. You won't necessarily sell at the top, but sell at a point where you've made enough profit that you're happy taking the earnings and walking away.

[jacafbiz]

This is the issue with most people in the space, buying at the top and selling at loss, if you are investing into a project, you need to learn the dynamics of the market, I won't personally advice you to sell now, just hold, the prices will pick up. see this as investment

[slaman29]

I am pretty new. I bought in all my coins on January 9th and it is hard seeing all of my coins in red. Every one of them is still down 40%-60% and I am wondering if will ever recover? The problem is that I am not sure if the projects I invested in are simply under-performing or I just entered at a terrible time. 

These are the coins I bought and hodling ($500 invested each into btc, eth, and ltc and $120 invested each into the other altcoins):

Bitcoin, Ethereum, Litecoin, Icon, Neo, Dragonchain, Wabi, Enigma, ETHLend, bounty0x, Po.et, Substratum, Neblio, UTrust, Medibloc, Enjincoin

Realistically, when should I expect to recover? I am scared that I am going to be in this bloodbath for long time and make no profit. I want to make at least $1000 profit by June-July to visit my grandfather in Korea to buy plane ticket. Please help. It is very hard to be patient. When will I see some light 

Here's something to cheer you up. I bought a lot of alts in middle of last year, and saw them also down and down, they just kept dropping until I was more than 60% in loss with seemingly no chance to recover. But December arrived, and suddenly most of them not only recovered but put me high in profit. I did the typical "sell 50% at x2" on many of them. Relieved to recover, and now holding those "free bags".

But for you, think long term and learn your lessons. Did you choose to buy simply because of speculation? You seem to have lost trust in your projects, is this because you didn't know enough about them or is this because you set unrealistic expectations? Learn you invest in a project you believe in, with strong claims to back up why you think they will success. More importantly, learn patience.

Actually, most important: learn lessons.

[krimzon1321$$]

just ride the wave and see how it goes.
no point in depressing yourself over the price fluctuations.
come back later and see where you are at.

[Poink]

It just makes no sense to buy high and think you will make profit. Especially not in this market. So with shitcoins I more mean that you just overpaid. I mean you can see in you losing money that its shitcoins to you, right? Like see ETH.... Dont you realize millions of people got ETH cheaper than you? Some for 10 cent? How naive is crypto investors they think they can ever make a profit before all the millions who got thousands of ETH for cheap? They will all cash out before you... And for every $10k out ... 10 new naive investors like you must get in again with 1k..... and thats why ETH is barely moving up because so many people got it cheap and collect their earnings and the higher it gets, the less sheep can be found. Why are you (and millions of others) so blind? Isnt it COMMON SENSE since thousands of years to buy cheap and sell high not the other way around ?

Meanwhile as you and 99% of the market lose money I invested in DATA(dta) and IOSTOKEN and others and some are already up 100% in the last 7 days, and some muchmore than that. I just sold a coin with x15 profit despite the market currently. Thats why I say you need to buy cheap even if 99% of crypto market dont believe me and only loses like in goldrush times and in dotcom bubble 99% always lose money because they are naive sheeps following the herd -.....next to blow up is spacechain,but keep playing it safe in the big bubble coins LOL

I disagree.

Using ETH and BTC as example...you concentrate on the price where it is already at it's ATH.  Can you say the same when it was $10, $20, $50, $200?

When was it high enough NOT to buy?  How can you say the new alts are already at their ATH?  No one knows that is why we speculate.

At some point its just too high and too much money needs to get in to double again. Thats why everyone talks of bubble. Of course nobody can know when a bubble pops, and if it ever pops..... but you must be blind to not see its easier for ETH to double when its at $10 billion.... then it is when its already at $100 billion as now. If ETH ever would get to $1000 billion (value of APPLE) which i doubt eth ever can do.... then tell me who is going to pay the $10000 for 1 eth ? who ? and whats their advantage ?... none... With something as ETH you only have the risk of it decreasing in value or staying about the same, but you have no actual upside. For every guy who got ETH for $5 and cashes out a million... It will need 1000 new people to get in again for $1000... and that would not even increase the ETH price, just keep it even. Why do you think in gold rush, in the dotcom bubble, 99% of people lost money? You really think everyone who buys an eth now will become a millionaire? Thats naive.

I am sure many said the same for BTC and ETH early last year...and many times before that.

ETH at current price may be difficult to multiply but I see you mention same on new coins that recently gained or multiplied.  My point is you don't know though I agree that the likelihood of it staying or going down is more.  It really depends on many factors and not as simple as market cap.

To be fair, currently, I keep low inventory of top 10 coins for the reason you preach but there is wisdom on keeping them as well.  Because of the unpredictability of crypto, diversifying and hedging is good.  Being a hardliner (same as being an extremist) destroys your message even if it is good.

[Mihaylovic]

nobody knows. i lost about 50% of my investment around august 2017. and they are still not yet recovered. if i didnt sell them i would be lost much more. Sometime we should check our portfolio and and sell some of them in loss.

[ROB18]

I'm with you  bud, also in the same situation. We have invested in BTC last december and it was high during that period and suddenly this time it turn really low. I also don't know when it will recover. But still hoping for the best.

[emmybd]

First of all, I think You have made a mistake. When you entered the market that wasn't the right time. After that, the price of most of the cryptocurrencies has dropped sharply. So, don't be impatient. The price would recover again in a couple of months time.

[DanWalker]

Do not worry, the crypto market is always recovers after the fall. You must be patient and calm. Even if your portfolio now looks very bad you need to believe that soon there will be growth and profit again. Believe me this situation is also unpleasant for any of us.

[Alex68]

Just keep your coins safe Big price correction happens every January for the several years in a row. If you want to study something that may bring you hope - study bitcoin price curve for January - July (your term) for the years 2017, 2017, 2015.

[foggywhite007]

I am pretty new. I bought in all my coins on January 9th and it is hard seeing all of my coins in red. Every one of them is still down 40%-60% and I am wondering if will ever recover? The problem is that I am not sure if the projects I invested in are simply under-performing or I just entered at a terrible time. 

These are the coins I bought and hodling ($500 invested each into btc, eth, and ltc and $120 invested each into the other altcoins):

Bitcoin, Ethereum, Litecoin, Icon, Neo, Dragonchain, Wabi, Enigma, ETHLend, bounty0x, Po.et, Substratum, Neblio, UTrust, Medibloc, Enjincoin

Realistically, when should I expect to recover? I am scared that I am going to be in this bloodbath for long time and make no profit. I want to make at least $1000 profit by June-July to visit my grandfather in Korea to buy plane ticket. Please help. It is very hard to be patient. When will I see some light 

I think that now is just wait it out. Them the projects you have chosen will perfectly show themselves. And you have correctly done that invested in many project. Risk management is the basis for trade

Hopefully the spring market will again be furious growth. And then you from today's drawbacks will make a lot of x's. Good luck.