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

[Frayz]

You should understand that investing in crypto currency is a big risk and no one can promise you that you will make money on it. In recent days, the course of Bitcoin and Ether has fallen again and people have lost a lot of money.

[disconnectme]

I think we are now in the state of despair, alot of people are getting burnt in the market, ICOs are not giving the usual 5X, 10X return that people used to see in the bull market but start dumping when it hit the market, From the look of things this is the time to keep faith in the space because alot of value are out there presently

[tangbori]

This is one of the reason you need to understand the concept behind cryptocurrency, it is volatile in nature and you should always put the amount you are able to afford to loose... My advise is for you to still hold some of the coins you believe still have future and opportunity to grow because i believe most of them will still moon.... Dont give up...

[a2offrb]

Never allow such inevitability caused by FOMO pulled you out of order at all, since this does not applied solely to you alone. You should have done this with mindset of Risk at the inception. But better still, be courageous to hold probably the ones you termed or think to be shit coins on a long term basis, watching over them. Who knows? they might surge unexpectedly. Keep on now on your former routine, and if you must invest in any new coin, thorough research on such is very paramount. Since experience is the best teacher my guy, you know?

[daenarys_stormborn]

I do not think you feel that way, and that's what cryptocurrency is, very fluctuating and unpredictable, and if you invest in crypto world, it means you are ready to experience something like this

[SvonioneFromMangoCoinz]

it seems that you are not alone in facing this situation, I am too, even my friend is worse, this is the risk of cryptocurrency, but believe me, just hold, you will get the value back, keep the spirit

I have hold bitcoin and altcoin from the end of 2017 until now, and consequently, my lost 80% of the capital. Sometimes we should sell bitcoin and altcoin when prices drop and wait for a reasonable price to continue to buy

[Cianix]

Many are now worried about the Deposit account, but do not go to extremes and start selling all your coins, in a few months there will be a reversal ! see !

[PancherBitCoin]

I do not think you feel that way, and that's what cryptocurrency is, very fluctuating and unpredictable, and if you invest in crypto world, it means you are ready to experience something like this

in any case, everyone should understand the risk he is taking if he starts doing business with the help of crypto currency. from the side it always seemed that this would be a very easy profit, But this is not so and you must be considerate and judicious.

[gensol]

This might be coming late but as they say, it is better late than never. Aas you have fomoed and cut the falling knife, the best thing is to hold and hope market ever recovers halfway of what it was late 2017. another thing you should be looking at is what sat you entered not just the dollar value because everything was high dollar value wise whereas their sats were not that high.

[MiniMountain]

Any updates from the OP? did you sell you bought tokens? If yes then you really made a bad decision because the market always recover so if you don't have any financial issue or you don't need money yet then it is better to hold them until you double or triple your investment  the more you hold promising coin in these space the more you increase your profit in the future 

[deepcryptomine]

Well I am sorry about that. It seems that you invested in some good projects so if you have a stomach for it then you can hodl it out otherwise you can average it down. That way the price doesn't need to go to previous levels and you will be able to either sell it for profit or minimal loss.

[k-west]

I think you must calm down first,this is not the end of the world.Then you can start catching the dips to buy more crypto and average your investments.I believe we are very close to the absolute bottom and the new bullish trend is coming very soon.

[HALLASTERA]

I have lost some money too. But I hope that is the temporary situation and prices will recover in a few months.

[Bim abk]

this also happened to me, I lost almost 75% of my total assets while trying to invest. this happened before I deepened my knowledge in cryptocurrency and after I studied and read some sources I managed to minimize losses while investing. then the science is very useful in various things and places so you should make this a lesson and motivation for the future you can be careful. and for the assets you have to try is to cut losses and gain profits in other cryptocurrency investments. but you must learn your mistakes in the past

[opeakande]

You're not the only one is such case. A lot of other are. I think you should still be patient for sometimes to see what the price will turn out to be. It was about the fourth quarter of last year before the price went up. We're still expecting the same this year.

[buonngu.miendo4]

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.

[Zeke_23]

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 said that you lost it, since you lost it already, why dont you just try to hold it more, what if that holdings of yours will increase after a few months. its better right?

[edjames]

I think we've all been there and FOMO has struck us all at some point. Don't lose heart. No one is able to read the market as crypto is too volitile. I would HODL until you can at least break even.

[biletskiy]

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?

Life consists of losses. And it is really hardly can be predicted that some coin will be all the time profitable. Market is developing rapidly and you should aware about every changes that happen from time to time.

[the_dump1]

Don't panic! A rich investor is a patient investor. I wouldn't recommend investing anywhere with the money you're afraid of losing. These are certain risks.