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

[4ernuy]

Just hold and you will return all your money in few month.

[mrproblem]

Hold and wait for a while and after that you can decide what will you do but not sell now

[yareklamator]

Do not sell anything, just find the strength to wait. I made a similar mistake last summer, when the market was on top. I'm still waiting to sell a few coins, which were bought by stupidity.

[tororoshka]

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?

Many people lost some of their money. This has happened before. Do not worry. When the trend in the market changes, then you will be able to turn the invested money back and gain profit.Just hold your altcoins.

[pedropendukot]

Move on,you have learned from your mistakes,do not beat up yourself instead of crying with your mistakes you should start reading whitepapers and researching with the people behind each coins so you would have a good idea in which of these coins could give you a lot of gains in the future.Researching will always save you from these shit project/investments in the market.

[ukw]

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?

Under no circumstances should you pull out in a loss. Better hold and wait, soon the market will again be on the wave crest. This is my opinion. The situation is not pleasant, but if you sell now you will not win anything.
And the coins you invested in, have a really bright future. Just dont panic.

[Baoo]

Honestly, what happened to you is unfortunate. Because of your bad choices and hastiness. As well, despite that last big drop in the market, It was the best opportunity to develop your financial income in a long term But you did not take advantage of it. You should know that the most profitable and guaranteed currencies are Bitcoin and then there is Ethereum. Moreover,  Your financial budget must have a value of  70% in Bitcoin and Ethereum  and  the other percentage ( 30%) in other Altcoins like Ripple, Cardano, Tron, Litcoin....
In addition to that, you can avoid this loss by turning the rest of your money back into Bitcoin and Ethereum (  their prices are a bit low in this period ) also it is very certain that they will develop  after some period of time ( within 2 or 3  weeks).

[pooque]

Move on,you have learned from your mistakes and im sure you know what you need to do before investing in any of these shitcoins.Personally i spent a lot of reading whitepapers,check the background of the people behind each coins and putting those information into my database to that i could easily recall which one of these thousands of coins are the shit projects so i can avoid them in the market and you should do the same.

[rosezionjohn]

One of the best advice I've read.

"You must understand the time dimension. All losses/profits are temporary until you've made the trade. All altcoins are related but on their own market cycle. Most of your coins are winners but you need the patience to wait for the right time to make each trade."

[modtakels]

Move om bro,theres nothing you can to for now you should wait these coins to get recover so you wont lose a lot,do not sell these coins at loss because it will only give you headaches,focus on reading whitepapers and checking all the factors you should consider like product,developer team,roadmaps etc. so you could avoid shitcoins in the future.

[hiwainmoto]

Do a lot of research nextime so you wont lose a lot of investments,because investing blindly could get you rekt that wont be able to recover.Also check the most important factors of choosing good ICOs/altcoins because it is almost the same,the product,team developer,roadmap and whitepaper should meet your standards so you wont regret investing in the end.

[13ex07]

Cryptocurrencies it is difficult. Large volume of information. Special knowledge. Skills of trade at the exchange. It would be surprising if you became a millionaire at once. I don't say that it isn't possible. Perhaps just as to win in casino. Ordinary people are forced to study on mistakes. And to hope for success

[cryptomarijuana]

Pray that those coins you have would recover,because if they arent you wont get your investment back.All you need to know is to dive deep with most of the informations you need like the product,the team behind the project,the short and long term plans of the developers,so on and so forth there are a lot of things you need to check before investing so you really need some research.

[Boxxl]

I think you picked the right coins.
But you invested after the big gains..
cardano from 0,02 to sky high
Ripple from 0,25 to sky high

Sometimes I skip a coin when its allready so much higher.
There will be so much choices and good oppertunities this year.
Just wait and you get your change..

Ps: i think ripple and cardano will go much higher

[Spaffin]

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 think that there is no reason for panic. You have not lost anything yet. The decrease in the rate of altcoyins is a common thing, which happens periodically and regularly. Until you make a fool and sell your coins at a low price, you have not lost anything yet. In principle, the coins you named are generally good for investment. Therefore, it is just necessary to wait a little for their growth. And it did not take long to wait. Since yesterday, a new version of Bitcoin has been released - 0.16.0, which fully supports SegWit, which will completely eliminate all existing shortcomings of bitcoin, and therefore within a few days it will begin to increase rapidly in price. For bitcoin, the cost of almost all altcoyins will increase. I think that in a few months your coins will bring you a good profit.

[cryptopuma]

Well what you can do is to be more careful whenever you are going to invest with these altcoins,always do some background check so you can avoid scam projects and shitcoins,because 95% of the coins in the market are worthless,so we need to be more vigillant and alert in choosing good investments.

[NeverSop]

Cryptocurrencies it is difficult. Large volume of information. Special knowledge. Skills of trade at the exchange. It would be surprising if you became a millionaire at once. I don't say that it isn't possible. Perhaps just as to win in casino. Ordinary people are forced to study on mistakes. And to hope for success

The loss in the financial markets is very normal and I have also lost 80% of my assets in the cryptocurrency market. I have advice for new entrants to this market do not rush to invest when you do not understand it, learn the basics of the market before investing. When investing just invest a small amount of money for experience, then think of investing more. This market is not for investors who do not know it.

[matsusomoto]

Do alot of research before buying or investing to any coin so you can eliminate those shitcoins out of your way,i really dont understand why people are too lazy with researching then will later regret their investments,you need to be vigillant with your investments so you can achieve with these altcoins because most of the coins in the market are shit projects.

[Gelesko]

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 think for an investment, you want it to be very quick to happen. Investment is something, that you buy for a long period of time (like house/property). What you wanted to, called more sort of trading, not investing. So you lost money quick. My advise is if you don't need money (to feed yourself and ect), then just wait and leave it as it is, but take in to account, leave for minimum 2 years (even longer), that will be great investment! Whereas if you need money, take out some of your investment, even you lost some of it and leave some as in the future you will make some profit. But for you to earn, you need patience and a lot of time. Good luck

[mariangpalad]

Do alot of research because it could save your investments and you wont lose a lot of money because if you are familiar of the coins you bought surely even there are so much dumps you wil lbe confident that these coins will surely get recovered fast,because if you dont research you could have all the shitcoins in the market.