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

[Wall_Streeet]

Cryptocurrencies have become long-term investments today. So you just have to keep the cryptocurrency until they grow. The coins you bought are good.

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[Geenstijl]

Don't worry. There are many people like you here. Now there is no point in self-flagellation for the lost money. I think you were ready for losses when you went to the crypto currency. After all, we all understand that crypto currency is a big risk. You've got a good experience in investing and now you understand that a crypto currency can't only make you rich but also can lead to losses.

[ternyabin]

The most important thing now is not to sell coins at a price below which they were purchased. We need to wait for the next cycle of market growth. Sooner or later, but it will happen. The market always showed excellent growth after a lot of people were disappointed.

[tanginamoo]

The most important thing now is not to sell coins at a price below which they were purchased. We need to wait for the next cycle of market growth. Sooner or later, but it will happen. The market always showed excellent growth after a lot of people were disappointed.

You are definitely right about that. Many of us experience losing half amount of crypto, first thing first is do not panic and just patiently wait for the market to pump once again.

[Asuspawer09]

Avoid selling and keep in mind that the market dunps are just temporary. All you have to do is to wait until the market starts to recover. It is only the msrket value which is falling but still, it is a partial loss of profit since the amount of holdings is the same. Once the market starts to rise, profit will agsin be earned.

[lemonscentedbreeze]

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 only suggest is to wair that is the only one solution to your problem now and hodl it until the market price is come back. Many of us losing a bih percent in our portfolio now but to help ourselves we still to be patient again and again.

[asuredbet3]

Wow. FOMO is real. Everyone have beem fomoed at a point in time but had it been you invested on some better projects than ripple you will still be in profit by now regardless of the current situation. But I think you should hodl and quit looking at your portfolio for the main time. Better days ahead

[Eugenar]

Be patient and hold until the market starts to be back on its feet again. Selling will just result to profit loss. Given that the market dips are temporary and there's a chance fore recovery, holding would be the solution. You may also consider investing in order to earn huge profit once the market starts to recover. Avoid selling due to panic because it will just make the situation worse.

[TomArayaSlaya]

Research should be your basic key man and your mistake doesnt mean failure atleast you have learnt along so basically use your knowledge in your next investments

[glavos]

Don;t you people use stop losses? This is what is wrong with the crypto community these days - they have zero trading experience and come in here expecting to make mad cash. How about you guys learn how to trade first?

[efeyigit399]

I'm also 70% loser. some times in the stock market is happening. Do not panic. you should wait for the markets to recover. then you will have your money back.

[Honourable11]

Try to understand that the crypto market is very small and it can be manipulated very easily by whales and market makers. Banks and institutions coming making presence in the market makes short term outlook even worse. Nevertheless if you believe the crypto is here ti sta when looking long-term.

[kololo]

I think in such a bad market, you should hold your token or sold some of your bad token and buy in top 20 coins.

And you should wait for the market comes back, it may takes you 1~2 years. Have patient, just hold it.

[Psychee]

go to Socratus and invest money there and you will quickly return everything you lost

[willybacem]

You have to be patient because there are still many people who have suffered a loss like you even more. Make it a valuable experience for you. And for the future, you don't follow your appetites when you would be making decisions. And do not sell coins when the red coins in the situation and you must keep the coins any longer.

[hastang]

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 fell you buddy! We are on the same boat. Lets just wait for a bull market to take over again. I would not recommend you to sell your coin because it will only means losing your capital.. Today, I still hold the coin in my wallet I will never contribute to a bearish market. I hold and wait until it reverse its movement.

[thefaucetrunner]

the cryptocurrency become hype in the end of 2017 until the last Q1 of 2018, many fomo happened at that time, investing some money without learning about the trend or maybe just beleive to what most peoples said. i'm very sorry for your loss, we are experiencing some loss also. be a stronghand, now is a good time to add your investment on cryptocurrency, hold your coin,i believe the price will rise again soon.

[raffraff85]

go to Socratus and invest money there and you will quickly return everything you lost

What is it? Sound like usual piramide. Quickly x2, sure 

[Yooshijin]

I know how you feel bro. I got FOMOed to last December and put a large amount of money in one coin. In short, ALL-IN. But after I bought, the price gets lower and lower. Bitcoin gets lower and lower also. Until now, I haven't recovered yet my loss.

[imadmirer]

You have not lost anything have you? When you pull out at this stage then yes, you will end up losing everything. What you have done is a very common mistake of a newbie. When you knew that BTC was sky-rocketing you must have noticed that at some point or the other it will fall low. You should have waited to buy when the price actually falls. Then again, when you know that you were buying when the price is at its ‘all time high’ then you are bound to face the present situation simply because the market raised its bar so high that it would take some time for the record to be broken. Won’t you agree that it would take some time for Usain Bolt’s 200m WR to be beaten? It happens everywhere when a record is set.

You must first watch the market. Secondly, unless you are a day trader, you should think generally of long term investments. Thirdly, I strongly feel that by the end of this year or by next year first quarter, the price of BTC will shoot up and consequently all the Altcoins. Fourthly, you must thoroughly study the Altcoins performance prior to your investment and always invest in a stable coin. Fifthly, cheer up, honestly you have not lost anything and if you wait patiently for another year, you will reap your benefits. Sixthly, for you to rectify your error, the best thing to do is invest NOW. When you invest when the market is sulking, you will reap enormous benefit when it is booming.

There is no need to lose heart for what has happened with you is quite normal. Always remember this simple mantra – buy when the market is down, sell when it is high. And most importantly keep following the markets and trends and seek expert opinion when you are still new and young into the game.