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Author Topic: I lost 2/3 of my initial investment  (Read 481 times)
timikulit
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February 27, 2018, 09:50:14 AM
 #41

4 months ago? Those months are the day where all of the cryptos are on ATH (All Time High). If you are just starting trading crypto and you are on that months. it is very bad start for a newbie to start trading. My advice is to continue and dont quit. We are about to go bullish this march and now is the best time to buy good cryptos. If i were you i will start again by another 3000$ and i will choose good crypto only. there is no doubt that bitcoin will recover from its loss this 2nd to 3rd quarter of the year 2018.

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February 27, 2018, 10:00:50 AM
 #42

Sad to hear about your loses. And in days of declining markets it hits us all. But in general it seems you are jumping from one coin to the other coin. With this the exchanges makes money but not necessarily you. You should start to do your own research. If you look at the charts of most coins, Bitcoin was always outperforming. Just get some bitcoins and hodl them.
Yes its sad to hear, its good to be carwful always and make your own research, and get bitcoins its better to hold and wait.

 
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February 27, 2018, 10:02:21 AM
 #43

Hey,

Long story short, I started with $3000 almost 4 months ago and now I'm down to $960.

I lost $200-$300 while learning, the rest was from cryptocurrencies crashing, and of course my mistakes.

Two days ago I wanted to ride the Nano train and bought in with all of my $1400 literally at its peak, followed by a colossal drop.

Then, I went all in on Vechain because of the upcoming rebranding, plus I originally purchased it when it was sub $3, but never kept it. Needless to say, it went down by 12%.

So currently I have $960 and I am feeling down that I am losing this battle and won't be able to stay a part of the history we are making.

I haven't bought into ETH, LTC, BTC because with my $1000 I would be getting nothing in return, even if they grew crazy. Any recommendations would be highly appreciated. Thanks in advance.



For me the way you want to learn is too much agresive because you choose to trade a much higher amount than I do which is so much risky. And I know how much pain you feel and so sorry for that, but don't you ever loose hope. Just hold what you got now because the market won't keep falling all the time. And soon everything will be fine.
And, before you buy a coin, make sure to read all upcoming news, reviews etc., because it plays a big role on prices.
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February 27, 2018, 10:10:27 AM
 #44

Keep calm and, if you can, hold..... all crytpo have gone deeply dowm but if there will be a good growth, all of them will pass their maximum levels...

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February 27, 2018, 10:10:41 AM
 #45

In business, losses are a frequent occurrence. I think you should accept them and analyze the strengths, find out the cause of such losses. Failure is the mother of success, I think you will learn from experience in later investment, you carefully analyze carefully, do not fail this time. Wish you success more.
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February 27, 2018, 10:10:48 AM
 #46

same story, different people
I'm sorry for you, but I'm afraid it's all happening to us.
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February 27, 2018, 10:11:04 AM
 #47

Sorry for what happened, it was a really expensive tuition fee at your part. the best thing to do is re evaluate your strategy and focus on studying investment techniques. Never gamble or chase pumps but instead but the dip and make sure you only invest in projects you truly believe in. Less trades less mistakes

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SamboNZ
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February 27, 2018, 10:17:49 AM
 #48

Well mistakes are inevitable at some point in our lives, but it will definitely make us learn our lesson and it gives us experience. Investing in our market is risky, so better study the flow in our market and analyze patiently. Pretty sure you'll definitely recover all your loses, just stay calm and be patient.
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February 27, 2018, 10:19:12 AM
 #49

Hey,

Long story short, I started with $3000 almost 4 months ago and now I'm down to $960.

I lost $200-$300 while learning, the rest was from cryptocurrencies crashing, and of course my mistakes.

Two days ago I wanted to ride the Nano train and bought in with all of my $1400 literally at its peak, followed by a colossal drop.

Then, I went all in on Vechain because of the upcoming rebranding, plus I originally purchased it when it was sub $3, but never kept it. Needless to say, it went down by 12%.

So currently I have $960 and I am feeling down that I am losing this battle and won't be able to stay a part of the history we are making.

I haven't bought into ETH, LTC, BTC because with my $1000 I would be getting nothing in return, even if they grew crazy. Any recommendations would be highly appreciated. Thanks in advance.



Sorry to hear it. Losses are just a part of the game, but it is always annoying when losses come before first gains. You simply chose the wrong time to enter the market. Hold on your coins, study a lot about cryptocurrencies, find your field of expertise. Meanwhile, you can join bounties or airdrops that could help you recover your initial capital.
goaldigger
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February 27, 2018, 10:23:07 AM
 #50

4 months ago is the crypto currency mania. Most of the cryptos are in its peak and if you buy for example a bitcoin on that time , the price was so high and holders was expected to have lost today. The sad part is that, you lost big while learning. I saw a lot of wrong timings in your part. I also saw that you do not have that enough patience to wait and decide what and where to invest. Dont rush things. Earnings dont come in short time.

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Reatim
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February 27, 2018, 10:24:42 AM
 #51

Hey,

Long story short, I started with $3000 almost 4 months ago and now I'm down to $960.

I lost $200-$300 while learning, the rest was from cryptocurrencies crashing, and of course my mistakes.

Two days ago I wanted to ride the Nano train and bought in with all of my $1400 literally at its peak, followed by a colossal drop.

Then, I went all in on Vechain because of the upcoming rebranding, plus I originally purchased it when it was sub $3, but never kept it. Needless to say, it went down by 12%.

So currently I have $960 and I am feeling down that I am losing this battle and won't be able to stay a part of the history we are making.

I haven't bought into ETH, LTC, BTC because with my $1000 I would be getting nothing in return, even if they grew crazy. Any recommendations would be highly appreciated. Thanks in advance.



I myself have lost around $1K already to a coin that I initially though will increase overtime. Sadly though it goes down and deeper so the best thing to do for me is to hold and hope that its true potential can be unlock in the next couple of months or even year. So I decided that I will be a long term holder of it until such time that I will sell it to get my initial investments or even just a fraction of a profit.

That's why its been said that we need to invest what we can afford in this market. Because its so volatile that you can literally lose everything in a instant.









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February 27, 2018, 10:29:26 AM
 #52

The best strategy is to buy some good long-term coins/projects (doing the proper research) and HOLD. Trying to trade or timing the market is not advised especially if you are a newbie

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February 27, 2018, 10:33:46 AM
 #53

You really need to draw a conclusion from this situation, except that you lost your money, you received an invaluable experience. Do not need to give in to emotions when trading, you need to have a sober mind. Therefore, I believe that you really need to rest and plan what to do next.
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February 27, 2018, 10:33:50 AM
 #54

I am sorry to hear that. Well, I'd say in the positive you learn a bit from your mistakes. Personally, I started the same and I lost a good part of m initial investment until I started changing my strategy into long term plans. It's been working good so far, all you need is to spend the majority of your time researching about projects and find something fits you and HODL.
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February 27, 2018, 10:36:38 AM
 #55

Before you buy some coin for trading or investment you need to know the normal price of the coin and related information that might be able to change the price, I've also lost some of my money by following the train, improving my portfolio and learning from what you've been through.

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February 27, 2018, 10:37:43 AM
 #56

That's why i prefer to hold my coins, because it is more safety and as profitable as day trading. So if i were you i would invest remaining funds in one or two alts and keep them for a year or more.

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February 27, 2018, 10:40:15 AM
 #57

I did the same as you but I lucked out and managed to break even through it all with the market crash.  I learned the hard way that day trading is not worth it, its gambling, you might win but chances are you will loose.  I lost 30 ven from my stack learning that lesson.  Its better to hold and then invest more during the dips than to try and time the market.  Good luck man, 1k is still worth investing and you'll come out on top with the right investment. 
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February 27, 2018, 10:40:58 AM
 #58

Getting nothing in return.
Looks like I just saw the problem.

You want it fast. You want it big in an instant. That is your problem. Your new and you stepped into hell without even trying to practice how hot it is there.
Think about it. It is like gambling. You risk high you lose high. There will never be a save point here. This is all real.
Just by telling us that you wont get anything from a $1000 investment with ETH or other high valued coin tells it all.
You should relax a little and make some plans again. Small or high, it is still profit.

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February 27, 2018, 10:42:21 AM
 #59

You must have bought it at the peak. Its easy since u only lost 66 percent. Sell all out and put on the most undervalued coins like ICON. If you are long term hodler, you will get it back soon. If not go into a good ICOs and earn back the money. all you need is 3x.
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February 27, 2018, 10:43:36 AM
 #60

Do not panic. The market is volatile and now is the time for investments and not to withdraw your funds from the portfolio. So prices will rise by the summer.
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