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Author Topic: I lost half of my crypto amount! what to do?  (Read 10114 times)
2stout
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February 27, 2018, 07:14:58 PM
 #41

HODL unless you absolutely and necessarily cannot.
DedvTapkax
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February 27, 2018, 07:16:00 PM
 #42

Do not worry. Now many investors are bleeding investment portfolios. You need to show resilience and patience. You have to believe that soon the price of coins will grow significantly.

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Faroxx
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February 27, 2018, 07:18:13 PM
 #43

Not despair. Don't sell your coins. I think that soon the whole cryptocurrency market will go up and you will return your money.
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February 27, 2018, 07:20:55 PM
 #44

I think from November 2017 till now, most in crypto will have seen their portfolio half. You can't have the global market cap go from over 800 billion to under 400 billion and not have this happen. Thing is you don't loose until you sell so hodl and make the gains back when the market recovers.
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February 27, 2018, 07:25:01 PM
 #45

What you can to do is to be more careful next time,you can do research first so you can eliminate shitcoin investments.You know now how would you end up when you arent doing your part because the whole market is full of crap coins and projects.Researching could have saved your ass because you can easily identify worthy and worthless coins ou there.

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February 27, 2018, 07:26:25 PM
 #46

Do not worry. Now many investors are bleeding investment portfolios. You need to show resilience and patience. You have to believe that soon the price of coins will grow significantly.

Today alone most of coins in the market are bumped more than 10% on every top 100 coins in the marketplace. If you invested any top 10 altcoins I am sure that coin will be give at least 5 USD profit for the 5 USD investment you do on that.
There are people expecting the profit with in some weeks or month of time but in reality here in the forum people waiting more than 5 years and all to see this big profit from the bitcoin price change. Hope that miracle happen on any coin.
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February 27, 2018, 07:31:18 PM
 #47

HODL unless you absolutely and necessarily cannot.
I fully agree with you - this is the best strategy to wait out periods when the market is adjusted. If there is free money, then one should consider the possibility of making additional purchases of coins in order to average portfolio and prepare it for the period of growth.

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February 27, 2018, 07:32:27 PM
 #48

Don't lose hope just keep on holding the coins, I don't know whether you bought all those coins in ATHs or not (probably you did) but I can only suggest you to hold and not sell at a loss. Never sell your coins at loss.

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February 27, 2018, 07:36:22 PM
 #49

Marinecoin (MTC) (https://marineco.in) could be the next big project. Even if the token does not claim to become top 5 in market cap in the near future, the way in which the devs are distributing tokens seems to add a ton of credibility to the project. They are, essentially, looking for 20,000 backers who will take time out to promote it and they will in turn receive nearly the entirety of all the tokens that have already been mined. First 20,000 users who have verified their identity and proof-of-promotion (something that they call POP) on bitcointalk will be airdropped 450,000 tokens each (out of a total of pre-mined 9.7 billion tokens). You can register here to get your 450k MTC: https://marineco.in/ico
The Sceptical Chymist
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February 27, 2018, 07:38:42 PM
 #50

So OP got sucked into a market that was at its all time high--this is what happens in every bull market at some point, so it should surprise no one.   Everybody who lost 50% or more just needs to suck it up and not make the same mistake twice.   

Sounds like a lot of the shitposting population is complaining about their losses, and this makes me smile.  They'll never learn because they're too stupid, lazy, and greedy to ever learn from mistakes.   

Look at it this way: We're still above $10,000.  You haven't seen a bloodbath lately.  Your losses could have been a hell of a lot worse.

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mombay
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February 27, 2018, 07:43:20 PM
 #51

Don't lose your spirit that would I suggest you, everyone in the crypto world or in any of paper money trading would experience that feeling in many occasions. Just keep doing what you do, if you'd be willing to invest more, then the time is right nowadays most of the alts are down. Just hold them until you get to break even at least, or if I were you I'd be holding them until I saw profits. Patience is key here.

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February 27, 2018, 07:43:33 PM
 #52

It certainly was a fun ride up to 800 billion market cap. Stay in long enough and it'll happen again. Stay in long enough it will go down again. These are market cycles so time your entry and exit as best as you can.
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February 27, 2018, 07:46:14 PM
 #53

You cannot do anything about it because it is done already,what you can do in the future is to be more vigillant.Spent a lot of time in researching before buying or investing to any of these because researching will lessen the risk of losing your money,or putting your money in the wrong investments,i personally do a lot of research for the background checking of the people behind these coins so i could determine which would have potentials to grow.

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February 27, 2018, 07:49:25 PM
 #54

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?

im also facing this problem , just want to say don't give up, soon we will get positive results.
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February 27, 2018, 07:52:33 PM
 #55

You have learned a good lesson and i know from now on you are going to do a lot of research first before investing to these altcoins because the market has been flooded by shitcoins,theoretically there are only 5% of the coins in the market which has a good working product/services and the less are just projects created for the money,doing a lot of researching would give you good knowledge which coins are worthy/worthless.

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February 27, 2018, 07:54:57 PM
 #56

The thing about investing in such volatile market is that, you have to be cautious and aware that market DOES go up and down. You have to stick with your believes, my best suggestions to you is that. split up the profile to make the bets SAFE and reduces risk.
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February 27, 2018, 08:02:33 PM
 #57

You can do research so you would know which of the coins you bought are for long term hold,eliminate the ones that arent for long term and try to do your own research everytime you will make an investment because most of the coins in the coinmarketcap doesnt have any use and worthless,that is why researching would save our investments.

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February 27, 2018, 08:23:30 PM
 #58

majority of the people complaining now about the lost are those newbie that enter the market last year when bitcoin went rogue. the problem with you is that you do not understand what cryptocurrency is before you enter the market. you think the pump will continue like that without studying what caused the pump. well I will advice you to keep your coin save in your wallet and hope for better day. you are already in this and by the way no one know tomorrow. Grin
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February 27, 2018, 08:26:34 PM
 #59

Don't lose hope and just keep on holding on those tokens. Who knows, their worth may still increase and it's just that btc and eth are also down now.
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February 27, 2018, 08:32:18 PM
 #60

majority of the people complaining now about the lost are those newbie that enter the market last year when bitcoin went rogue. the problem with you is that you do not understand what cryptocurrency is before you enter the market. you think the pump will continue like that without studying what caused the pump. well I will advice you to keep your coin save in your wallet and hope for better day. you are already in this and by the way no one know tomorrow. Grin
Yes, if you want to be part of the crypto world, then you need to continue to keep your coins. But if you understand that crypto currency is not for you, then withdraw your remaining funds and forget the world of crypto currencies. Perhaps you are not yet ready to fully immerse yourself in this world.
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