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Author Topic: I lost half of my crypto amount! what to do?  (Read 10066 times)
Findingnemo
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March 09, 2018, 06:25:01 PM
 #321

I guest if not should have known that the market volatile in nature and suppose to prepare your mind well before your investment decision.

Losses are common in this crypto currencies field so preventing is the best way if you invest in something be sure and make a research about that currency don’t be scare or panic after investing so this is the right method to invest.

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Lupus Solitarius
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March 09, 2018, 07:52:06 PM
 #322

Sorry for you , but you are not alone. Now you have to decide if get out from the cryptomarket, accepting the losses, or if you prefer to come back to fight.
I'm very optimistic about the future, but of course I don't give any advice.
Choose wisely!

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March 09, 2018, 08:54:33 PM
 #323

I will repeat what was said here at the forum many times. Until you sold it, you did not lose it. I try to follow this rule. Since if I personally sell at this point all the Cryptocurrency, then I will remain at a loss of 65%. I can not let this happen.
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March 09, 2018, 08:58:29 PM
 #324

It's heartbreaking to invest into the market when the market it's at it's highest. Well, as long as you didn't sell, you still got the money, only that you will get them back in a few (months) years.
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March 09, 2018, 08:59:56 PM
 #325

You don´t loose until you sell, so yes they have dropped in value and you may been caught in a couple of coins there... life goes on and you will eventually recover if they are solid projects.

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focmere
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March 09, 2018, 09:10:50 PM
 #326

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?

Selling will only make you lose more money. Hold thight, in a few months the money will get back to your wallet.
Just don't sell!
Almasani
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March 09, 2018, 09:45:20 PM
 #327

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?

Not only you, maybe many other friends experience the same thing. We must be patient and hold until the end of the year to avoid losses in our investments.
skip60
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March 09, 2018, 09:59:13 PM
 #328

it is normal if you invest in crpyto

there is big profits and big losses here

but as long as you re confident with the coin, hodl is the only thing you can do

if you want a safer investment, put your money to the bank for interest
Bytem3
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March 09, 2018, 10:00:31 PM
 #329

Wait for the market to recover Tongue Total crypto market cap will for sure exceed $1 Trillion USD this year.

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Asgar 9
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March 09, 2018, 10:06:27 PM
 #330

You need to be patient. Maybe you will have to wait longer than you thought. You do not need to sell coins now. If you do this- it's will be a big mistake. Just wait.
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March 10, 2018, 02:28:11 AM
 #331

To be honest, you choosed not the best altcoin list for investment.

Cardano. Present itself as an anonymous coin, but their anonymity came up to be fiction. The coin has nothing unique.
Ripple is centralized and speculative, but you can wait for spring manipulations and it is likely that the coin will return to previous peak values.
Tron is a bloated bubble, there is no finished product and their whitepapper is plagiarized filecoin.For the future, I would not advise you to hastily invest in coins, which you have not studied in detail.

Especially when they are at their peak.

Little bit disagree with your Cardano argument. Cardano has a new proof of stake algorithm, it called Ouroboros. It's better than Ethereum. You said Cardano has nothing unique. I think you don't know nothing about Cardano. I suggest you to take a look their Whiteboard Video on youtube channel. You can learn a lot about Cardano technology there.

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March 10, 2018, 02:42:12 AM
 #332

Hodl is best way to gain profit, fluctuacion of crypto so high so the market still able to going up in the long term, just hold it in minimum 1 year and i believe you can get best profit. But if you are day trader, you can sell it and buy back at lower price but this is need more time and more skill.

Nope, dude. Hodl is not suitable anymore these days. The market is not the same as like 2015-2016 when the market is easy to predict.
Nowadays, too many Capitalist elites who want to shut down cryptocurrency.
They bribe the news agency to make a FUD news. Crypto these days is hard to for hodlr. Too much elite conspiracy.

udayantha11
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2023 would most likely be as bearish as 2022


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March 10, 2018, 03:02:10 AM
 #333

Do not panic. please keep in mind, always holders win. you have proven examples from the previous past.

Examples

Eth Starts on 2015 under 1 doller now 800$ , on the peak times it was 1500$.  please be patient. if you sell then you will face loss. better keep at least 6 months.

we all need universal power and cyclist of Everything
-2023 would most likely be as bearish as 2022-
=BTC will make it, but might be a long winter=

Stronger the storm, brighter the rainbow
ashlyvash00
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March 10, 2018, 03:08:06 AM
 #334

I think there nothing to do with that if you lost half of your crypto. Instead make it a good experience. You cant go to a success if didnt go to failure. So dont give up and try it again with slowly but sure that it will not happen again
wisdomcn
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March 10, 2018, 09:34:37 AM
 #335

Well my advice to everyone when it have to due some of these coin that have a great future is to wait for magnification and not to sell at a dump and loss coins that have potential. The market does not always grow that expeditious, so you require to be yare to wait at a dump period.
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March 10, 2018, 09:51:50 AM
 #336

Advice is always one is to wait for growth and not to sell at a loss coins that have potential. The market of course doesn`t always grow, so u need to be ready for minus periods of time. Good luck and dont panic!
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March 10, 2018, 09:58:05 AM
 #337

Advice is always one is to wait for growth and not to sell at a loss coins that have potential. The market of course doesn`t always grow, so u need to be ready for minus periods of time. Good luck and dont panic!
when one coin and you know that this one have some of the great potential then hold of it study and always checked its background we can say that this is may take more time so do what can be the best thing to do for.

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March 10, 2018, 09:59:07 AM
 #338

Iam the same situation but i just relax and wait the market change to up trend, if you have skill and some strategy, you can trade it so the amount of money can be increasing with buy and sell many times , but if you dont have times for that and your purpose use that money for long term investment, so just hold it in minimum 1 year. In the end of 2018 the market will be growing again.
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March 10, 2018, 03:27:53 PM
 #339

Do a short-term trading, in my opinion, this could be a solution to restore half of the money that has been lost. Do not expect too much to get bigger profits first, most importantly do short term trading to get a little profit but often get it. Once the initial capital returns, you can hold it for a long time until the crypto price movement increases sharply.
Magister Magus
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March 10, 2018, 07:00:51 PM
 #340

Well, I sorry for your loss, but this is trading! And if your only strategy is to buy a currency and to hope it will grow forever, of course you'll lose money.
Btw, if you are a skilled trader, with a volatility so high (bitcoin jumps up and dond 20% daily...) you can recuperate all your loss.
Of course, you can also lose everything...
I you don't like it, better invest in mutual funds...

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