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

[easynote]

I think you hodl it longterm, the market condition everybody facing the same problem, i am also in big lose and waiting for big return, just be patient,market will recover soon, and remember investing in cryptocurrency is very risky

Holding is a team effort as well. Selling now will cause the price to go lower and people will complain that the coin is a scam.

[DrewXland]

you just need to wait for the growth of the market! sooner or later it will still recover and it's a fact! there is only a matter of time! do not know how to wait pour into the minus! all in your hands!

Agreed the market will grow again and we are surely seeing the floor now. This growth and retraction has been witnessed many times over in crypto.... If you are still in the game now, then happy days. If you are just entering crypto now, then wow you've hit pay dirt. Check your bags later on this year and I would suspect they will be much fuller!

[balamuda]

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?

Be patient, and hold all the coins you have, many people just like you, feel disappointed at the market downturn. But if you choose to sell it, I think it's not the right choice.

[BitcoinBallerina]

The mistake that you made is you FOMO'd. If you are still hodling that investment then I think you are in the red by more than 70%. Thats a heavy loss. Also it wouldn't make any sense to sell now as you wont get much after selling your coins and you are better off just waiting for the markets to recover.

[WakinXXX]

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?

one way man to hold. most people keep calm now and still wait for better time when market-price will stabilize. do not panic, i think that stabilizing in one month to same prices and then increase

[pesorules]

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?

Just trust the process sir, don't panic be positive. That is the best thing to do in the current market's status right now and I think if you possess that kind of traits or attitudes I think you will be successful, I am seriously speaking sir. Even though you lost half the amount, just be positive, like attracts like though.

[wack slacker]

my advise's not to lost money any more, not FOMO, not hold shits.
there's always hope when you still have money in this market.
actually 50% is not that bad, I think
then start to learn about where's the money go, to know the mentality of market... or kind of something like that

[tom14cat14]

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?

The only way for you in order not to loose money is to HODL as BTC will reach its ATH sooner or later anyways. The only advise not to invest to hype but into solid and strong projects.

[JPS2K5]

If you think that you are losing around 60-70% of your portfolio, then you better start thinking if you are going to have it long term or short term hodling. If it is ideal for you to manage your loses by selling your assets then it is much better. But if you are planning to hodl for long term purpose then enjoy the ride.

[utiltox]

if you look at the market you will see that prices have started to rise, and if you have not sold your coins before then you have one way out-wait until the price rises again

[Hammerman]

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?

Well, you understand that in this game there are very high risks. Nobody wants you to become rich. You need to look at things soberly and make an assessment of the risks. You can not run after the crowd. I think that the market will start growing very soon. You need to be patient.

[Snaic]

First of all, you do not need to panic. Now almost all the holders of the crypto currency are in about the same position, as the crypto-currency market has completely fallen in price. The coins you specified are quite promising, so there is nothing to worry about. We just need to relax and expect the rise of the crypto-currency market. Over the past seven years, the first half of the year in five cases has always been not entirely successful for the crypto currency. Therefore, such a general decrease in prices should be perceived as the usual state of the crypto currency, which always ends with its rise.

[Cmoh]

Nothing to do just hold until your price or the value come. If, you want to invest more then choose some other coin now which are now at an attractive price. Invest in TFL and CAPP.

[dillpicklechips]

First FOMO is a common mistake of the new folks in our community,second you made a common mistake,third you shouldnt blame yourself because most of the people here have done that,fourth you should know how to effectively pick good altcoins with these bunch of shitty coins out there,lastly do a lot of research before investing to any coin because investing blindly is worst than donating your money to charity because 95% of the coins in the market are shitcoins,spending a lot of time doing research could have saved you.

Agreed. You should have researched and study the charts to determine whether is it a good time to buy or not. The things, you should enter trading by not just solely relying on luck or to your emotions or listening to what other people said. You should know yourself what you are entering. There are a lot of FOMO as you say which will bring you to your downfall, losses. I hope the OP learned its mistake then did something about it. Often times, people knew the mistakes they made but still they continue to do it which is quiet the trouble and incorrect.

[arunakiran]

It seems that all the investors are facing this situation, even my self also in same situation. Risk will be involved little bit high in cryptocurrency,  just hold till your returns get back. Be confident.

[emmybd]

It is not only you, many investors have suffered during this slump period. At present, they don't have much options. The best thing to do is to hold whatever coins you have got and wait till the market recovers. In the meantime, concentrate on participating bounties.

[sweerty1]

Do you know that I lost how much money over couple of months, not only by crypto but also dollar/national money ratio. Global economy is very weirdly disappointing and crypto is no different. I think its best to keep holding your alts.

[seggardinggins]

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?

my advice, you should keep waiting and never pull it all before you make a profit because I am sure the market will recover soon and it will be better if you still have other capital I think you can try investing in ico.

[Fawad Escobar]

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?

Fomo is what we all do when we enter first time in crypto
so you need to chill and relax things will go back up. All you need is to do HODL you will recover with profit
To the mooon together

[Fioraver]

It is not only you, many investors have suffered during this slump period. At present, they don't have much options. The best thing to do is to hold whatever coins you have got and wait till the market recovers. In the meantime, concentrate on participating bounties.

This is absolute truth. In market like that everybody is losing money, except the whales who control it and sold on higher prices.
The best you can do is hold and wait for better times.