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

[islakevin]

You will not lost it until your gonna sold it , what do you do? just hold it and wait for the pump , diversify to other token dont focus on one token. Hold it dont let crypto play with your emotions. or else your gonna loose it all.

[mr_smith99]

start trading mate.. so you can recover smth

[rasu_pa]

I also have similar status as yours. I am also having loss. I purchased same time one year ago and was happy when all coins were at all time high Dec last year. I didn't sell and now they are down again. Best strategy is HODL for me and will try to gain some profit this year.

[vidam]

I think there are a lot of people who has similar situations just like yours. Just wait they will eventually increase in value over time. Don't panic and be positive!

[lorylore]

it is very common to encounter such situation. people tends to chase after gains and cash out during lows. Although we keep saying dont buy high and sell low, it is not easy to resist. However, learn from the experience, and you will be better the next time.

[Scambusterz]

Reconcile, draw conclusions and more so do not act. We all learned from experience. Someone is on someone else's, but someone's on their own. I also made mistakes, but now I'm getting smarter.

[Burogh]

I also have similar status as yours. I am also having loss. I purchased same time one year ago and was happy when all coins were at all time high Dec last year. I didn't sell and now they are down again. Best strategy is HODL for me and will try to gain some profit this year.

I think with market condition right now, most peoples have same condition with others. Market not good right now and still falling. I am better just wait and see waiting market recover again and hopely back to highest market cap

[TonyFat]

not you alone have fallen into this trap, now many are just waiting for growth, it can take several months but there's nothing to do, to sell right now everything is too terrible.

[hjfjmk]

This year's encryption market has caused many investors in our encryption market to lose a lot, but we should not give up. We should continue to hold our cryptocurrency or continue to invest in it now. Wait for the market to pick up.

[abvhiael]

You can lose money on crypto? The market shot up from 17 Billion in January 2017 to 600 Billion on 31 December 2017… basically every coin gained. You can only lose money if you sell low and buy high every day. If you hold the trend is up up up.

[shapegray]

Hold. you have invested in big amount and it will very bad if you sell it and get big losses. Just invest in long term, maybe in 2019 or 2020 it will rocket because in that year many people will well known crypto.

[zedaq]

If the question is whether you can get your half back, then nothing can be done and it's likely that you will not get half of your money back, and if the question is what to do emotionally, then you need to stop panicking and try to make money on what's there.

[vuithoinha]

If you sell and buy the same coin at a lower price to increase the amount of coin it is a good decision. But if you sell and lie there because of fear, you will regret when prices rise again.

[Mendy487]

Never invest more than you are willing to lose. Also try to diversify your portfolio into as many coins as possible. By doing that you are reducing your risk of losses. Always try to invest more than 50% of your portfolio into high market cap coins as they are less likely to dump and are safer investments

[manaswikumar]

I am going to hodl. I only need one of these coins to make it big to recoup my losses.  Selling is the worst decision to make for it will not bring back what you have lost. Hold onto it and do not mind the market. 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.

[thaoco.codai865]

Iam the same situation but i just relax and wait the market change to up trend, if you have skill and some strategy, you can trade it so the amount of money can be increasing with buy and sell many times , but if you dont have times for that and your purpose use that money for long term investment, so just hold it in minimum 1 year.

[chio.pino]

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.

[Melnikof]

It's very hard to see when your portfolio is decreasing every day. But until you start selling you still don't loose anything. Remember that after fall there always will be growth. So just be patient don't panic.

Everybody is too optimistic here. As a matter of fact, it may fall down again for some years! If you need money now, the situation is difficult. That's why you'd better invest spare money and leave some to live off!

[Melnikof]

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 should purchase some now, at the bottom. Thus, you'll distribute evenly and average your losses, and they won't be so big! When there is a new rise, you'll earn much. Don't worry! Just wait!

[itnawn8z888]

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.