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Author Topic: I lost half of my crypto amount! what to do?  (Read 10066 times)
OnnoTunes
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March 01, 2018, 11:57:42 PM
 #201

You have two options: One of them is holding the coins and wait until they rise back. They will rise for sure but it may take some time. Second choice is selling them and compensate your loss with day trading.
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Wallytred
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March 02, 2018, 12:02:34 AM
 #202

You don't loose anything while You don't fix those loss. Wait for a better time to sell or better buy even more, if You are sure in those coins. Imagine, if You sell it now and tomorrow will be Moon? It will be like a double loss, I think. Never give up.
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March 02, 2018, 12:04:51 AM
 #203

Picking the wrong coins is a common mistake, it happens all the time. When buying at the top it is a huge risk, when a coin has pumped just assumed you have missed the boat and pick something that hasn't pumped yet. Small market cap coins with good products are a good buy, xspec / deeponion will be big this year. A safer bet will be NEO which most people on this forum is agreeing to i.e. NEO will pump big in 2018

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March 02, 2018, 12:55:52 PM
 #204

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?

Unfortunately fluctuations on the market of cryptocurrencies make investments and trading in this area very risky. Therefore I always try to choose such currencies that I know well and those price is the most stable.
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March 02, 2018, 01:41:36 PM
 #205

The loss will be when you sell the coins. While the coins are in your wallet, you can wait for the best price. Most likely that you will get a profit in the future
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March 02, 2018, 01:49:05 PM
 #206

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?
Keep in mind that you are not alone. Many of us make the same mistakes as you. You do not have to regret any of that. What the city needs to do is make that mistake a valuable experience and lesson. Right now, you just have to hold it all until the price gets better.

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Beazerdred
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March 02, 2018, 01:50:13 PM
 #207

At this point, just keep your money for a long time. I myself, if I look at investments, lost a lot in dollars, but by the number of coins, everything has remained before, just waiting for growth

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March 02, 2018, 01:53:12 PM
 #208

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?

Better you hold and do not fall in excessive regret, be patient because everything will improve again. Keep your heart strong, believe me all will soon improve and increase again its value.
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March 02, 2018, 01:56:24 PM
 #209

Well, that's unfortunate but the important is you learned the lesson. Should be all of us going hard ways before getting and earning money through crypto market.
Investing altcoins isn't and easy way, there should be more factors to be considered like spending more time to research about the Altcoin if it has the potential to rise and everything regarding and Altcoin related stuff should be checked before hitting selling some of your Crypto Assets and buy some others.
You had learned a bad experience so that should help you earning them back in the future.

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March 02, 2018, 01:59:53 PM
 #210

At this point, just keep your money for a long time. I myself, if I look at investments, lost a lot in dollars, but by the number of coins, everything has remained before, just waiting for growth

I earned a lot of tokens though hard-work and patience that's is why I am being a Hodler because I do not want to lose some of it but it depends on the market.
Holding our crypto assets will prevent them on losing and at the same time we are still doing the signature and other bounty campaigns so that we will soon get bounty stake tokens as rewards and our crypto assets will be have a higher value from time to time.
I really not into investing into ICOs and other Altcoins because I had decided to hold them still until that day comes that I will all sell them to fund my personal projects.

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Theonethatgotaway
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March 02, 2018, 02:09:03 PM
 #211

 Before doing anything you should always be knowledgeable enough of what you are going to step in. Know every information first because scams are very prone nowadays, but taking risk is always present especially in this field. It is your decision whether to dig in or dig out. But piece of advice think first, risk for your own good and not for the worse.

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AltCoinCon
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March 02, 2018, 02:10:54 PM
 #212

well you just have 2 options, sell and cut your loss or hold and hope for the next alt season. imo you should hold, i already fomoed into a few coins at the top and lost a lot, but most of the time it recovered after a few months and made me gains (or not because i sold to early)
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March 02, 2018, 02:10:59 PM
 #213

Even in the same time I invested in some coins trx, dentacoin and recently edt all of the coins lost its 80% of the value. But I  am not loosing any hopes because based on my experience anything is possible in crypto world just have a patience.

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March 02, 2018, 02:14:01 PM
 #214

There is a risk of investing in any of the coins, but thankfully we can see the trends and can decide and n how to invest. Keeping patience for the loss of invested money is only what you can do now.

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March 02, 2018, 02:16:51 PM
 #215

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?

HODL thats's it
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March 02, 2018, 02:18:14 PM
 #216

I'm in a similar situation. I will not take my money without making up for my loss. You will earn money again. I think you don't get out.



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March 02, 2018, 02:24:43 PM
 #217

FOMO is real. I have also experienced it.
You only have two choices, you can cut loss or hold it till the price reach your buy order

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March 02, 2018, 02:37:47 PM
 #218

Do nothing now. You should just take into account the bruises and get ready for new things. But you now know where you made a mistake and learn from mistakes.
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March 02, 2018, 03:10:50 PM
 #219

Advice is always one is to wait for growth and not to sell at a loss coins that have potential. The market does not always grow, so you need to be ready for minus periods of time

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March 02, 2018, 03:14:20 PM
 #220

Yeah i think most of us have been there when we first started out. It's a tough but important lesson to learn to not trade emotionally. Another important lesson to learn is patience, so just hold your coins & wait. Before you know it, you'll be back in profit again.
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