I lost 2/3 of my initial investment

[mulyadi dedii]

that is the reseko that every cryptocurrency worker should receive. because the exchange rate on cryptocurrency is very susceptible to dump and pump. fluctuating exchange rates on Cryptocurrency make us must be careful in making decisions to invest. We should invest with the money that we are willing only. different when we invest property, the price is certain and certainly will increase over time. then be careful in investing in cryptocurrency

[Haunebu]

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.

I agree with you completely. Op clearly choose the wrong time to start investing into the crypto world. Several months back, majority of the coins reached all time highs and many people bought into the hype which has led them to losses at the moment. I advise op not to sell a single coin and instead HODL since this is a very bad time to sell your coins.

I am expecting Bitcoin and many popular alt coins like Ethereum to skyrocket in the near future due to many reasons like the integration of the Lightning network etc. Don't fall weak and HODL for as long as possible.

[crazyphoenix]

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.

If you are  newbie in trading, better stick on altcoins that has a stable price and have a huge community. I would recommend Ethereum, NEO, Monero and Litecoin for starters. Once you get a profit, diversify it to other new altcoins that has a potential to get more than 100% profit. Remember that your goal is to get profit whether it is 10% or 20% in a month. It is  still profit. What I see is you lose because of greed. It is useless if you get  500% today and lose 1000% by tomorrow.

[andthereyou]

It's natural to lost man but you should put a stop loss if you are worried of losing too much. Anyway stop worrying and start again, you still have a chance to make profit just don't lose hope. Remember that in some part of their life of the most successful investors and traders they were times they had loses before mastering the art of investing/trading.

[danherbias07]

It's natural to lost man but you should put a stop loss if you are worried of losing too much. Anyway stop worrying and start again, you still have a chance to make profit just don't lose hope. Remember that in some part of their life of the most successful investors and traders they were times they had loses before mastering the art of investing/trading.

I agree. This should be a lesson by now. As I recently said here also, do not haste the profit. You could start small and feel the profit there. Using that as your capital then do it over and over.
It might take some time but what the hell!. After getting the ROI back it is like you are free trading and your efforts will be paid off.
Stop being greedy and joining the pump squad, your money is already at risk do not endanger it more. 

[proexcept]

You've made a typical mistake for beginners and buy coins at a very high price. It seems to you that the price will go higher and your greed says "buy it!". But you must show resilience and think only with a cold mind. If the coin is at a peak then it will soon fall. In the future, buy only those coins that have fallen heavily.

[goodrus69]

It's a sad story, and many of us made mistakes. You should stop thinking about your losses and carefully choose coins for investment and buy only during the correction. You will succeed.Good luck!

[ralph_0608]

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.

This is the common mistake of the newbie trader they want to ride in the fast moving coins but they don't  know when to get out when the coin suddenly crash when they entered this would may serve as  a lesson to you not to buy coins with out proper research don't buy the coins because other people say it would going to the moon  observe first how the coins movement and chart history. do some research if this coin has valid project.

[rammanbl4]

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.

[Wilsonong222]

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.

Losing money in investment is nothing new most especially if you really don’t know the market. Actually we can minimize these losses if we do the following:

1.   Study the entry and exit of investment
2.   Research and study the foundation of your investment
3.   Having coach behind you to guide you
4.   Learn the dynamics of your investment.

Common errors can be easily corrected what we have to do is accept failure and look forward in rebuilding yourself.

[linkybit]

Sorry to hear about your loss, at the start always spread your investment, and never invest when the coin is pumping, invest in a coin after some good research about product, team and upcoming updates.