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

[Kilomans]

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?

This is a very hard situation, I do not even know what to advise here... Just hold on and try to save what is left of your coins

[Kilomans]

Try to act, take part the presale or good ICO. Only don't throw all means at once begin at least with investment in 0,5-1ETH. I wish you good luck and good profit!

Not to give up indeed! If you will sit and cry, the situagion will only get worse, thkugh it is okayto be disappointed and depressed

[cryptolord2077]

All of us make mistakes is part of our learning and an important part of our growth and professional development. Treat this as a useful experience.

[nitanshgupta77]

FOMO has bitten every crypto enthusiastic ass once for sure

[metazort]

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!

[gusnulyadi]

I do not recommend you sell. You currently lose paper but if you sell you will realize the loss. Is it possible to change into other coins that can increase faster and above the price you pay? If you believe they will not fall further then if you do not trade it may be better to resist recovery. after a crash, you should buy more assets at lower prices to lower the average price paid so that the price of recovery will not be so high. Just for the brave ones though.

[Xxxurrrad]

If you lost half of your money for the first time, then you need to carefully analyze what was your mistake and draw the right conclusions.

[@baoli]

FOMO is really in crypto world. You c an imagine a coin pump from 2sat to 187sat you then still want to buy the coin at that sat. One have to be patient and careful. The only thing I can suggest to you is to join some airdrops and bounty get back your half and continue trading

[Daseento]

We are in the same shoe, my present investment in Cardano has reduced by more than 50% which is why I have resorted to bounty to reduce my loss. I think that's the golden rule of cryptocurrency, do not FOMO. But I am sure that the bulls would return, just don't sell at loss.

[alenahype]

Do not despair, because the experience teaches us and can grow on error, then a good perspective and the desire not to stumble so further. So far, the best way to keep on coin.

[WildFire.ca]

Try to find interesting ICOs and get your money back. Some projects give x3-x10 in a short time. The main thing is not to invest everything into one project.

[maro101]

A large number of inexperienced people bought the bitcoin when there was a hype and such people brought a lot of money to the bulls. Before you invest in something, you need to understand how it works and assess the risks

[Fujiati]

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?

do not easily despair, I advise you to keep investing because you will definitely get a lot of profits. if after you buy altcoin the price decreases then you have to be patient waiting for the price to go back up. do not get carried away with emotions if you see altcoin prices in the market decline, all you have to do is hold until the altcoin price in the market goes back up.

[trrewqs]

With the last investments in early 2018, I also failed, my investments decreased by 50%. But the most important thing is not to panic and keep your coins, in the future everything will come back.

[Perfect35]

Your experience looks very much similar to mine. I was also driven by the sporadic increase in price late last year, this made e to think that these coins will never have any downtrend, just because i was new to crypto. Notwithstanding, i left those coins in my wallets and i have decided to go about other things, waiting for another pump in price.

[PancherBitCoin]

With the last investments in early 2018, I also failed, my investments decreased by 50%. But the most important thing is not to panic and keep your coins, in the future everything will come back.

If you have practically lost 50% of your deposits, then it is very difficult to maintain composure. But if you invested not the last resort from the home budget, then in the near future you will manage to improve the situation for the better.

[Bit talk]

better to hold the coins until you are take investment/profits because market will come back in coming few days then you will get profits

[Vetroslav123]

What can i say
Just relax ...
Hodl and pray for a bull run by end of JUNE.
Everything will be ok

[arpaul]

I think that all the coins should be preserved and not touched until the market stabilizes.  Although many experts say that you need to raise new funds to revive the demand for crypto currency.  Perhaps the lowest price will have the best effect on investors. 

[owlman]

If you did not sell your coins below the price you were buying - then you did not lose your money. If the price of your coins is reduced, then you do not need to panic and sell them, wait for a while and the market will recover again.