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Author Topic: I lost half of my crypto amount! what to do?  (Read 10063 times)
zhuiyongliang8
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August 10, 2018, 06:49:02 AM
 #1501

Just forget about them for a few months and come back again after bitcoin stabilizes.

The crypto market is a highly volatile one. Stick with it and you'll definitely get more profit in the next bull market.
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BluRPie
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August 10, 2018, 06:52:06 AM
 #1502

Your crypto portfolio is not bad. Just forget about money. You are already made this investment. Just wait several years and I'm sure that you will have profit. Don't panic.
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August 10, 2018, 06:53:15 AM
 #1503

So I basically got fomoed. Towards the end of 2017 I saw how high bitcoin skyrocketed and decided to invest in ripple as a test. Less than one week it went up 3x. This made me more ballsy and I put in 11k total in various other alt coins like ripple, ethos, tron, and cardano. After the crash I lost about half of my value just like that. I am frustrated with the experience and wish I would have just put in 1k or something. I wish I could just not invested and went into what I was doing earlier which was just investing the boring and traditional way. Should I wait and hodl or pull out and do something else?
Am really sorry, its just the situation of the market right now whis is really bad and it's affecting so many altcoin prices keeps going going down and i think all we can try to do to help ourselves is to hold for a little more time for prices to rise again
popsywura
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August 10, 2018, 06:57:31 AM
 #1504

I really share in your pain, but firstly, investing with FOMO is a common mistake people make, they jump in the market without enough information about the market or the coins they intend investing in.
However, you are not alone in this crash. Many people have lost alot due to this bearish seasons.
Keep on holding, bull days are coming.
GrayFullbuster
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August 10, 2018, 07:00:34 AM
 #1505

So I basically got fomoed. Towards the end of 2017 I saw how high bitcoin skyrocketed and decided to invest in ripple as a test. Less than one week it went up 3x. This made me more ballsy and I put in 11k total in various other alt coins like ripple, ethos, tron, and cardano. After the crash I lost about half of my value just like that. I am frustrated with the experience and wish I would have just put in 1k or something. I wish I could just not invested and went into what I was doing earlier which was just investing the boring and traditional way. Should I wait and hodl or pull out and do something else?
You can only regain it if you will improve your skill and your knowledge. It is normal to lose sometimes, it is better if you will now focus on how you will increase your knowledge for you to overcome your losses.

Benabod
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August 10, 2018, 07:01:08 AM
 #1506

You haven't make a wrong decision because firstly risk is part of life and the saying goes thus "No venture, no gain" so the step you've taken by investing so much in altcoins is very good for the future but as it is as per market situation you have to take chill pill and relax in other words, hodl, hodl and hodl till you can bodly say you're gaining exponentially
Tilisil
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August 10, 2018, 07:13:10 AM
 #1507

The decline in the market continues for a very long time, each of us has lost a lot . We need to wait for the market to recover
PumaPuma_
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August 10, 2018, 07:14:25 AM
 #1508

If you are lucky and you seriously study the tokens that you want to trade, you will quickly make up for your losses. And do not give in to emotions!
123pogi123
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August 10, 2018, 07:18:20 AM
 #1509

You need to be careful about trading so you should always be in the market for you to know when to put down your money.
because we know the market value is not stable.
Any time you can lose your investment.

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Trindir
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August 10, 2018, 07:21:06 AM
 #1510

Wait until the market recovers and start from scratch . This is the best option , and do not need to remember the losses
ubay
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August 10, 2018, 07:28:51 AM
 #1511

It all happened because of your hasty attitude, but it was okay because it happened. Now all you have to do is get your lost capital again the way you can. After that try to play with your old game.

tranquangtrung31
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August 10, 2018, 07:29:00 AM
 #1512

So I basically got fomoed. Towards the end of 2017 I saw how high bitcoin skyrocketed and decided to invest in ripple as a test. Less than one week it went up 3x. This made me more ballsy and I put in 11k total in various other alt coins like ripple, ethos, tron, and cardano. After the crash I lost about half of my value just like that. I am frustrated with the experience and wish I would have just put in 1k or something. I wish I could just not invested and went into what I was doing earlier which was just investing the boring and traditional way. Should I wait and hodl or pull out and do something else?

A lot of people like you. Be patient. Have faith in Crypto
leslie4u
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August 10, 2018, 07:32:16 AM
 #1513

Well, you are not alone to be carried away with FOMO. I am sure we all have gone thru the phase and have lost in investment in some way or the other. Do not lose heart and look forward to recovering your loss. Take it as a learning phase and move on. You can for sure find some projects which can help you get some profits to balance the loss. This isn't the end.
Akkuratno
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August 10, 2018, 07:33:55 AM
 #1514

Some of us have lost even more , don't need to sell our altcoins . Just be patient and wait
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August 10, 2018, 07:40:55 AM
 #1515

There is nothing much that can be done about the loses especially in the crypto market. whats gone is gone, its better for you to get over it as soon as you possibly can and lets sart the journey afresh, there are still lots of opportunities in the crypto market that can be utilized if you are dedicated to it,  forget the past and comeback a stronger and wiser person

grifinmch
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August 10, 2018, 07:45:30 AM
 #1516

don't get too freaked out to deal with it. still hold and wait until the increase occurs is the thing to do. a lot of that at the time of selling prices falling and it makes them lose what is owned. However, when it can be quiet in the face and dare to resist it will be able to get the results although it is indeed long.
laskybok
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August 10, 2018, 12:14:52 PM
 #1517

Do not give up yet, because you will definitely see another bull run. What i believe is that, inasmuch as there is still life there is he. So you that invest and feel the price of your portfolio has dropped, you will still see it rise again.
plr
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August 10, 2018, 12:22:23 PM
 #1518

So I basically got fomoed. Towards the end of 2017 I saw how high bitcoin skyrocketed and decided to invest in ripple as a test. Less than one week it went up 3x. This made me more ballsy and I put in 11k total in various other alt coins like ripple, ethos, tron, and cardano. After the crash I lost about half of my value just like that. I am frustrated with the experience and wish I would have just put in 1k or something. I wish I could just not invested and went into what I was doing earlier which was just investing the boring and traditional way. Should I wait and hodl or pull out and do something else?

Wow, this is the kind of situation, that everybody wants to get in when you thought you are in a bull trend, then suddenly everything goes down, it will need a courageous mind to stay with the situation, I hope there is a bull run coming so we can all recover.
Tope559
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August 10, 2018, 12:25:51 PM
 #1519

In my opinion I think you should hold your crypto because they are going to rise. Do not panic. Patient is the key. Market will be good soon.
dmzworld
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August 10, 2018, 12:52:17 PM
 #1520

Oh that is painful. Sorry about that friend. I was affected as well and many other. Then I got to realize that Crypto is not a get rich quick scheme and hence needs patience. What I do now is to invest on altcoins the money I know am not gonna need anytime soon so that if my profits aren't coming quick, I don't get bothered I can hodl coin for as long as three years now or I don't buy at all if I would be needing capital or profits soon. Experience is the greatest teacher.
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