nskendrovic
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May 24, 2018, 12:44:30 PM |
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You just suck up the losses that you have made and you move on. Losses are just as much a part of being a crypto investor just like profits are. Just hold whatever coins that you have and as long as you do not sell the coins that you have now in the bear market then you still have every chance to make back all of your money and coins when the next bull but you might have to wait for a while.
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merrillolive
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May 24, 2018, 12:58:00 PM |
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At present the downward trend in the whole market is still, so I think if you need the money, then you can consider to sell, if you need money, so hold, because long-term holdings will certainly let you make money.
But today the more you hold, the more you lose. Deciding to hold is not the deciding factor for success on the Crypto market anymore, you have to have in-depth knowledge, so your analytical abilities are high, you accurately analyze the trend of the coin. any and make the right investment decision.
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Nelly.G0211
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Eloncity - power the world for free! /eloncity.io/
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May 24, 2018, 12:59:46 PM |
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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?
you are not the only one.. lots of people faced problems with the amount of money they turned out to have in their wallets. I lost some, too. But i don't consider it a lost, it's just a temporary change. We'll see green market again. It's just a matter of time. at this difficult moment I prefer to multiply the money I have taking part in ICO and its bounty campaigns. There are lots of good projects ahead. so keep calm and hold))
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Kurukungkwang
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May 24, 2018, 01:10:08 PM |
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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?
You shouldnt be buying anything without any proper knowledge,because our market is full of shitty scam coins,a lot of people are getting fomo because of the pumps and dumps but that is normal when you are into something new.Im sure right now you would be more vigillant with your investment and you are going to research a lot before buying anything because you have lose money with your carelessness. If you lost half of your crypto, never mind that lossing. It's better to invest another so that the crypto thàt you àre lossing will be back to you. we dont know the price will rissing in a high value so it is the time you gàin more and the crypto thàt you are lossing will be back to you.
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bstewart
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May 24, 2018, 03:11:46 PM |
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Avoid the fomo that you might feel in buying at the very top.
If a coin just went up 400%, wait for a dip and avoid buying at its all time high.
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adzino
Copper Member
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www.Crypto.Games: Multiple coins, multiple games
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May 24, 2018, 03:14:46 PM |
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You just suck up the losses that you have made and you move on. Losses are just as much a part of being a crypto investor just like profits are. Just hold whatever coins that you have and as long as you do not sell the coins that you have now in the bear market then you still have every chance to make back all of your money and coins when the next bull but you might have to wait for a while.
After making losses, you don't just "suck up the losses". You will have to analyze your mistakes. See what went wrong and what you could have done to prevent your losses. And always holding the coins is not the best thing to do. A shit coin will keep on dropping no matter how long you hold it. Better to let go someone your investment to reduce risks and open opportunity to invest on other coins which have better potential than the coin you are currently holding.
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DrewXland
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Merit: 10
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May 27, 2018, 07:16:56 PM |
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What is lost can always be regained. One of the best things I have done recently is to start using Metamask. It makes MEW much safer and if you were being lazy like me please give it a try (I think it's awesome and hopefully will safeguard against losses).
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lkcryptoman
Newbie
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Activity: 126
Merit: 0
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May 27, 2018, 07:19:05 PM |
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Mate, everyone over here feel ur pain cos the majority've got the same problems after crypto falling. Now alts are dying... It makes Ppl nervous but u gotta chill out. it's currency.
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Denlv
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dApps Development Automation Platform
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May 27, 2018, 07:21:48 PM |
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Many of peoples is losing they tokens if we compare with last year pump when bitcoin hit $20k its normal...u need only to wait for better time when cosmic prices will go back again.Only dont do panic sale hodl and someday u get rewarded good!Peace!
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lkcryptoman
Newbie
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Activity: 126
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May 27, 2018, 07:25:49 PM |
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It is better to wait for a more favorable moment for coin sales. If you succumb to panic and sell coins, then you definitely lost 50% of the funds. But you did not lose your money until you sold the coins.
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Babyjamz3026
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May 27, 2018, 07:28:17 PM |
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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?
It is always an experience when you lose something. There is nothing special about it. Stay calm and make future decisions considering the experience you already have.
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Boxxl
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May 27, 2018, 07:37:35 PM |
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Check all your projects and maybe you can sell some coins. I sold my ETH for $10,- It went from 3,- > 20,-. Then the hack came from the DAO Then the coin decreased about 10,- Now I wish I didn't sold this coin PS: 99% of all coins arent that good..
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No Signature right now...
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Axetrd
Newbie
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Merit: 0
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May 27, 2018, 07:42:14 PM |
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Just do not panic, dont let emotions get control of you - is the worst what you can afford in your situation. Stay calm and hold you coins, and you wouldn't regret about your decision. Correction it is normally for every financial market, nothing happened. Right now we have all reasons to grow, just wait.
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BestSSS
Jr. Member
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Activity: 434
Merit: 4
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May 27, 2018, 07:43:41 PM |
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What to do?? = stupid question, of course not to sell and wait for the market to turn around again and we will see another rally! and then you will be able not only to return your money but to increase them.
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♛New CA$H Exchange (https://newc.com.br)♛ ✪An Innovative Cryptocurrency Platform✪
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MrKubeem
Jr. Member
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Activity: 224
Merit: 1
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May 27, 2018, 07:47:09 PM |
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If u lose lot of coins u need wait for better times and hodl!Hodl tight is the answer of all ur trouble,becose if u sale u lose 100% if u not sale and hodl u dont lose anything,if u sale u dont lose only on value but on gas too!U need to think forward,dont panic read about new projects and take a time or change the tokens what u have to another most primising projects,or simple u can hodl and wait for the moon!
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kasturi
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May 27, 2018, 07:48:32 PM |
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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?
because you already suffered a much better loss you hold at least until your capital back, just calm down I'm sure there will be a time coin you make investment kembli back to the previous price can even more, so just wait because I'm sure the market will soon be up
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Kaijunbee
Newbie
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May 27, 2018, 07:53:10 PM |
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Each person here empathizes with you, and would certainly ask you to hold. We all make mistakes, whats important is to learn from them. In spite of the anxiety or excitement, give your investments enough thought and an attention.
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JuliaJi
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May 27, 2018, 07:53:29 PM |
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I think everyone something lose in this falling market of all crypto! hope we will earn something on our investion in the end of this year
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Kate_Ngubanga
Newbie
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Activity: 196
Merit: 0
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May 27, 2018, 07:53:47 PM |
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Unfortunately, you can not return your inventory because it's important to store your private key and password away from intruders. The administration will not be able to return your savings to you, because it does not exist as such.
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rudolfaxl
Legendary
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Activity: 1372
Merit: 1001
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May 27, 2018, 08:05:16 PM |
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I hope that you did not sell your coins and waited for crypto spring)) And if this is so it confirms the theory that in the crypto world you should have a lot of patience and calm. Only the most patient traders win.
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