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Author Topic: I lost half of my crypto amount! what to do?  (Read 10068 times)
0verseer
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July 15, 2018, 06:17:44 AM
 #1181

I also lost about a half of my money. But I am still convinced that this is not the time for panic. I truthfully think that the reward of my investment will come soon 
I lost half of my fund too but because the BTC/USDT pair lost half of its value so no sweat. Just not a good time for anyone want to sell BTC to fiat money, I guess.
travelgear17
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July 15, 2018, 06:22:08 AM
 #1182

you've got invested with good and relied on altcoins. but maybe in phrases of improvement, they're much less capable of grasp properly, so growth is very gradual. it is better to preserve the coins as your future investment belongings, and now you start investing with some other superior coin, as an example with ethereum that may fast develop so that your funding can make a earnings in the near future.
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July 15, 2018, 06:23:08 AM
 #1183

I lost 70% of my cyrpto amount. Market is very bad until last 1 month. Last decrease affected alt coins very very much
juchin
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July 15, 2018, 06:43:43 AM
 #1184

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?

Many people swang on top when buy Bitcoin at 19k USD and some Altcoins with high price at that time, and me too. if compare with this current time, my capital is only 1/3. Actually, I am not good at trading, so I just know to hold it and wait the recover

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July 15, 2018, 07:11:33 AM
 #1185

Complex issue. If you are sure that the price will continue to fall then sell your cryptocurrency. I am sure that we will see a strong growth soon.

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July 15, 2018, 07:35:46 AM
 #1186

If until now you still holding it,  the best to do is just hold and wait for other up trend.  Because I think now the price of crypto now is bottomed. Many trader and investor did the same mistakes when jump in to crypto but this mistake make us more experienced in crypto investment.

eeeeeew36
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July 15, 2018, 07:51:31 AM
 #1187

People can't be greedy, and they have to judge the market very well. They also have good strategies. The current market is very suitable for investment because it is falling. Now it is a bear market. What we have to do is wait for the bull market, and you have to do it. It is more waiting, if you can't hold it, you will lose all.
archiejones36
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July 15, 2018, 08:57:12 AM
 #1188

Nothing you can do about it, either hold or cash out your losses.
Kayuslawal
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July 15, 2018, 09:14:51 AM
 #1189

You only needs to be stronger and learn from the mistakes you have make, experience is the key to success, holding strong can still be of help to recover in future.
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July 15, 2018, 09:22:36 AM
 #1190

In this falling market, we all have losses. But if we want to reduce the loss, I suggest that you should not sell our cryptocurrency at this time, and wait patiently for the market to pick up.
UncleScroogeMOS
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July 15, 2018, 10:14:10 AM
 #1191

You are not alone with such problems..

Many people lose money for different reasons. Most obvious reasons as usual - late entry inti the coin or the late exit.

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Anzal RK
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July 15, 2018, 10:17:07 AM
 #1192

lost half of all crypto amount Huh

i think you must learn how to be a good trading.
and so sure to be safe and knows the strategi of trading.
if you still doubt about crypto just take a slow down and hold.
thats right.
MariaSerebrennikova
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July 15, 2018, 10:18:17 AM
 #1193

I believe that your mistake is that you bought cryptocurrency in a growing market at a high price, so when the market changed trend, you lost half of your Deposit. I recommend that you wait now and not sell cryptocurrency, because I think that the market will change the trend and will start to grow by the end of this year, then your Deposit will grow again and you can sell your cryptocurrency.
Job7work
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July 15, 2018, 10:19:47 AM
 #1194

Fomo and following the hype become the most mistakes that we commonly do. Many people felt the same dude, lost their money because of investing in the crypto. However, it is no need to regret because you can make it back shortly. But, you still have the chances. You can hodl your coins and wait until the price is higher. Probably it will need around 1 year or two, but you can harvest your coins. Here, you can back to your work or participate with us in the bounty or airdrop programs. It is no money to invest.
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July 15, 2018, 02:41:58 PM
 #1195

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 need to wait until the market goes up again. Crypto currencies are too unstable and it is impossible to invest the latter or credit money in it (not to remain without profit during price correction)
Deborah
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July 15, 2018, 02:45:26 PM
 #1196

What you can do is stick to the present, unless you are willing to sell at a loss and reduce the loss, and then invest in the market at a better price than before, otherwise there's nothing else to do. That's why people are told that they never invest more than they can afford at a time, because the market is unpredictable.
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July 15, 2018, 06:47:47 PM
 #1197

most of us have the same situation , don't worry this is the usual crypto market . we have to expect these things when investing in crypto . don't sell with a loss if you have invested in good coins .probably It could take some time to recover the market but just wait till you get a profit
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July 15, 2018, 07:35:07 PM
 #1198

the only thing you have to do is to hold it, dont think of selling it now because you will just waste the opportunity to sell it higher than its price now or even bring back to its price before.

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belalangsembah
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July 16, 2018, 03:04:47 AM
 #1199

do some research first before selling it to make sure your investment situation and wait a moment because we do not know if it is valid or not. If the market returns to its normal price, then your money still has not returned to you, then you have to move
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July 16, 2018, 08:35:38 AM
 #1200

I also have these kind of experiences, but in your case, you have no choice, making investment in a loss is totally loss. Next time, don't be FOMOED when many users are saying that this coin is good to invest. Better before making and investment, make sure to verify first the information is valid or not, to avoid loss.

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