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Author Topic: I lost half of my crypto amount! what to do?  (Read 10071 times)
a123canz999888
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May 15, 2018, 03:12:43 AM
 #601

I think that your situation is common in the crypto world. I will hold on to the coins if I have confidence in them. The recent price dip is due to the fuds, the market will recover once the storm is clear. Keep trying
heninur
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May 15, 2018, 05:12:26 AM
 #602

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 happenings that you experience are often the case in people who dare to invest in bitcoin and altcoin, it is a risk that must be faced and you should be ready to deal with it.
however, if it has happened then I advise you to hold it, because many possibility of bitcoin and altcoin price will be high again, hopefully can return your lost money.

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giora101lala
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May 15, 2018, 12:26:43 PM
 #603

I also experienced the same thing, so I think it is experienced by many people. If you want to patiently await the coins probably will go up again in the next few months and will definitely be very promising.
lucas nacho
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May 16, 2018, 04:24:28 PM
 #604

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!
Melody2
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May 16, 2018, 04:28:09 PM
 #605

This is why I runaway from FOMO. The news of it alone will tempt you to want to buy as the coin price is going up. It most times never ends well. What you can do now that you bought at high price is to hodl. It will take a while but price will still retrace back to that earlier price. So nothing to worry about other than time.

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Magister Magus
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May 16, 2018, 05:30:20 PM
 #606

I sorry for your loss, but please understand that this is a very common situation: actually, who entered in the cryptomarket in december, has lost much more.
So, don't dispair: if we are here, is because we believe in crypto and in its potential. We'll see.

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DrewXland
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May 16, 2018, 06:26:55 PM
 #607

I haven't lost any crypto yet so I think I've been fortunate. It must be hard when you lose something that you have worked hard to gain, and when you get back up and crypto hustle again all credit to you. Again, take all the steps you can to minimise risk such as MetaMask for hot wallets and preferable cold wallets to store your crypto.
Plimo
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May 16, 2018, 06:29:27 PM
 #608

Everything can happen.
I would recommend to hold your investment.
Maybe it will the coins will rise again noone knows.
If I was in your place I would hold.

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May 17, 2018, 06:54:23 AM
 #609

If you become an investor then you will have to go through and you will either lose all your money or earn. Have to wait for one of the two options.
sometimes being an investor the most annoying time is waiting, because our time will be wasted, if we have only those assets alone. and investors should have at least some more assets and capital

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May 17, 2018, 06:56:41 AM
 #610

Learn from your mistakes and formulate a strategy. Stick to it until it gives you constant results. Don't burn your portfolio to ashes.  And if you currently have positions on your coins, HOLD them for the next few years. Dude it's a long way not a get rich quick scheme.

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milah_ah
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May 17, 2018, 06:57:17 AM
 #611

Investing is always a big risk. You must understand this. In your situation, just wait.
firewa
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May 17, 2018, 07:04:40 AM
 #612

This is bad news. I think you should hold them for a long time. It will be a long process until the day when their prices have risen. I think you can forget about this for the time being. Wait until December to come back and see.
ordeath
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May 17, 2018, 07:07:58 AM
 #613

Dont regret about that. You can never return nor chance the things that passed. So just take your experience and go on working.
cahbagus555
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May 17, 2018, 07:15:54 AM
 #614

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?

If you think what you hold is good coin, better hold it for more months. Sometimes cryptocurrency can give high profits but sometimes crypto can lossing our capital. Its risky market and have high fluctuation movement
Kyo Kusanagi
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May 17, 2018, 07:18:39 AM
 #615

You can't just look at the good side of investing in this market. You need to consider the worst intentions before investing so that even if you suffer losses, you can maintain a good attitude to judge the market and profit from it.
tranbao194f
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May 17, 2018, 10:10:02 AM
 #616

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.
qidai9
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May 17, 2018, 10:12:27 AM
 #617

I think that you should handle your emotions. This market is very volatile, so you should make the worst plans before investing. I hope you can continue to hold your tokens. I believe that the currency price will increase.
phucphotphe.09
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May 17, 2018, 03:02:42 PM
 #618

All holders of crypto currency are now in the same position because almost all the coins have now fallen very much in value. However, to consider that we all have already suffered losses, it is not necessary. Until we began to sell our coins at a low price, we still have not lost anything.
kokota189
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May 18, 2018, 11:54:28 AM
 #619

Almost all users lose more than 50% 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, because if we sell now then we will lose and regret.
Dirk2017
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May 18, 2018, 12:00:35 PM
 #620

Almost all users lose more than 50% 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, because if we sell now then we will lose and regret.

Its part of growing up, if you lost half of your crypto coin its okay, but dont do it again, learn from your mistakes, most of investors fail 10x you do, so dont be down or discourag. You will not become professional if you didnt commit some mistake. Learn from it.

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