I lost half of my crypto amount! what to do?

[megusen]

You are not the first who this has happened to. To start with ensuring you genuine bills are paid and can be paid for, if not take some cash out. With the cash you have abandoned you can do different things, keep it in crypto for instance. A great many people here lost comparable sums in their portfolio however they are simply enduring it since they figure the cost will return up, which bodes well. Or then again you take your cash and place it in stocks, significantly more secure and significantly less pressure. Just recollect forget never put in more than you can bear/are agreeable to lose. Good fortunes.

[slightmoon]

It seems that you keep cryptocurreny in the days when the rise and fall of crypto rates were high..the best opinion in that case is to keep waiting for rise in prices

[duongdaiduong]

If you can not wait, you should cut loss to reduce the risk.
But if it's idle funds, then you can hold until markets pump return.

[md-12]

We are lost too bro you are not the first and you are not the last one. There is no way, we can only wait i think. I am waiting for a green market

[DrewXland]

The thing with crypto that no matter how good at investing you are... every one looses half. The market shoots up and plunges down. It's a hard ride to take but the best advice is don't sell at the bottom. If you don't do that then you cant loose especially if you are protecting your coins from scammers at the same time. Good luck bro … fight the good fight.

[MEMEX]

It would be frustrating for anyone who enters at the peak of the price. But I think nothing is much to do other than wait.
Just a reminder that this is not the first crash, and in fact crypto can rise again. So maybe not too often see the market will slightly reduce frustration.

[POM]

Many people have the same scenario unfortunately. I just don’t know what to think about crypto market anymore so i quit thinking. I also saw there are lots of good advice here. Hope it helps also for others.

[megan57]

you better hold all the coins you have, than you will get a lot of losses. you have to keep the spirit of facing the current situation.

[Sithara007]

Many people have the same scenario unfortunately. I just don’t know what to think about crypto market anymore so i quit thinking. I also saw there are lots of good advice here. Hope it helps also for others.

This is the problem with inexperienced users. You haven't lost anything yet. Your coins are down by 50% or 60%, but you don't need to lose your sleep over it. The prices are going to recover sooner or later, like it has happened so many times in the past.

[Camilacat]

I once looked at a coin that I thought was going to moon. I decided to refrain from buying any, and to use it as an exercise in restraint. As it mooned, I kept telling myself, "It's ok. I didn't lose anything. There will be others." At the end of the day, nothing has changed for the worse in my life. I didn't make anything (financially) from that situation, but I was able to study the rise of that coin with some impartiality and without any emotional urges. I'll refrain from identifying the specific coin. Being comfortable with exercising restraint is an important skill in the markets.

[novocaine]

You did the mistake wh most newbies do i.e. jump with heavy capital without knowing much about the market. There is a point when you can exit with some minimum loss after that quitting means losing everything. I suggest if you in later stage of that just HODL.

[thuthi7]

Almost all users lose more than half of the money because the bitcoin price and all the coins down, I also experience so, but I do not panic and convinced that the price of all coins immediately rose.

[Jeka_2511]

We all here know what you feel most of us got the same problems after crypto falling. If you start trading you shoud agree with the risks of this game. I lose a 2/3 of my money and it is good experience for me.

[NEERAJ ANAND]

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?

I feel, you make a wrong decision without doing any research and buy your coins at the peak of this market when normally people sell their coins to buy later at cheap prices and market not get that level till now and still consolidating. This market requires a big positive news to come out from this dilemma and start booming.

[heocon571]

You should hold the crypto you still have and wait until its price increase. Do not sell it while the market is still red because you will have regrets. Just hold it until the price recovered so you can get back what you lost.

[bowonakulo]

I've lost more than half, but here's the crypto, it's hard to predict what's happening and sometimes it just goes beyond reason, without preparation and analysis, we just get more panicked

[ebetlupet143]

This happens due to your visually impaired venture. Interest in the encryption showcase requires consistent learning and advance. It is still loaded with chances to profit, yet these open doors are held for the individuals who are readied. On the off chance that you are languid and don't have any desire to learn, at that point I recommend despite everything you surrender this industry! In the event that you will invest more energy contemplating, I trust you will profit.

[Taylora]

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?

So when you there in profit you there happy, now you aren't. I suggest to hold, unless you need money. I'm too in some loss, but I not gonna give up and hold till the end.

[zerocashdev]

The most important thing is not to panic and just invest in the coins that you have, but if they are rather risky then invest in reliable coins for a long time !

[early_adopter]

Sorry this happened. I wish to say you experienced this the hard way. Do put yourself together and reanalyse your moves. Cryptocurrency market can be very volatile and unpredictable. Do calculate your moves and don't invest too much that you can't afford to loss.yet I believe that with your knowledge gained now, you can recover what you lose. That's how Crypto market is. Do not give up.