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

[Ini35]

I think almost everyone who came newly into crypto at that time and also invested had similar experience. I feel it is normal, but with determination, hard work and persistence, we can still get back our portfolio as it were.

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[Bexomol]

I unquestionably propose you to hold and pause. Never offer your coins bring down prize than you purchased previously. All crypto will recuperate soon and coins will begin to rise again don't stress and don't be freeze. It's not useful. I know holding up is exhausting yet it is the best activities at this moment.

[sandiskumen]

In my opinion, we better do research because the reason we don't want our money to be wasted again next time. Only hodl if but some things can't go up forever, if we want to invest again I suggest we do research first before deciding on some of the altcoin we want to buy.

[blockchainmarketus]

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?

Nothing you can do. You need to be wise next time. Never put all eggs in one basket. I also lost a lot because I put all my asset in MNX. Now the price of MNX is a half of the usueall price. I try to learn from my mistakes because puting asset in one coin will make me lost. When you put in ripple, tron and ethos I think that time was good but you not quicky made decision to turn into USD when the price is down.

[Kingsraid]

well, cutloss is the worst thing you can do while bearish market like these days. since that you got huge amount of alts you should hold untill the price rise up

[omar bakrie]

All you have to do is to soon rise. never too much complaining and despairing. Immediately find other ways to make more of the crypto. Because there are still many ways. so no need to worry.

[Rostock]

I also lost more than half of the amount, but rather I did not lose money, because I invested in the long term and I'm sure that the rate will grow again. The market will grow, but now unfortunately it has fallen.

[hsdjdyt]

Many people will make the same mistakes as you. I even made a worse mistake than you, but I kept calm and persisted. Believe me, don't quit easily. This long way has come, patience, keep Calm, you will get a huge return, this is my advice as a person to come over

[KofiAdepa]

That is how the crypto market is, now that you have incurred some loss there is no need to sell just hold let it be as if you have misplaced your $11K.  Who knows the future might smile at you one day.

[yyui]

If you don't sell your cryptocurrency in this market, then I think your value will still exist. Because you just keep holding, keep enough patience. I believe that the price of cryptocurrency will pick up.

[spike420211]

You do not have much choice, if you sell your coins now you can use your investments but you will lose half. I would just wait, sooner or later the situation on the market will recover.

[blckhawk]

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?

Well, basically we cannot predict was what would might come. You just did what you could, and what you think is the best you can do to earn money but it just barely failed. Well, just do the same just do not be greed if you sense you would earn something big because sometimes it could be a false hope. In addituon, learn from your mistakes stand up again, and move forward leave those regretful moment of yours. Do your best next time. Never let those thing crashed you up doing this kind of things. You will get something better in the end.

[MWesterweele]

You do not have much choice, if you sell your coins now you can use your investments but you will lose half. I would just wait, sooner or later the situation on the market will recover.

If your going to sell it then you might get less profit but if you hold it and wait for the risenof the market then there's possibility you'll get huge profit. So do holding it is the good thing you can do for now, dont risk your crypto for selling it. Just keep waiting and be patient then everything will be alright and market will rise sooner or later. I hope dont lose hope for your crypto if you know your crypto have potential, hold it for a while.

[benjamin11]

First of all, I am really sorry to hear that. To be honest we can't do anything about it anymore. Once you lost something in crypto, it is gone forever. The best thing to do is to move on and to learn from your mistakes. Look for some lapses you'be made and try not to do it again next time. But definitely don't quit in crypto.

[jpaul]

This happens all the time especially when the market is low, most people lose a lot of value on the coins they hold as a result and there is little  that can be done about it, the only way out is to hold on to the coin especially when it's a high quality coin, it will definitely gain value with time, remember you only make losses when you sell, so keep holding

[TGD]

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?

Nothing you can do. You need to be wise next time. Never put all eggs in one basket. I also lost a lot because I put all my asset in MNX. Now the price of MNX is a half of the usueall price. I try to learn from my mistakes because puting asset in one coin will make me lost. When you put in ripple, tron and ethos I think that time was good but you not quicky made decision to turn into USD when the price is down.

this is was right putting all your egg in a basket is not to be good idea to be you just have to be more practical any way so you must think all the positive and negative that may happen if you just stick on that matter.

[jepoyr1]

In my suggestions just hold your altcoins and wait for the right time to sell it. Don't panic with the market it will back to normal just put your patience in your investment to secure your investment.

[cryptomadu]

I think that is the current situation of almost all the people here now. All people have lost half of their accounts value or more now. Still, we can't see any sign of starting of an upward momentum of the crypto.

[rsbriggs]

It is very good to know when to buy and sell in crypto because it is very volatile and unpredictable and you should not blame yourself or feel frustrated about the issue because the price is still rise and if you are patient to hold, you will still make profit. Secondly, you should invest with your spare cash ad do a very good research of the potentials of the coin you are going to invest in before you buy them.

[Volk-05]

You should continue to hold them until they return their value otherwise you will be able to fix only the loss!