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Author Topic: I lost half of my crypto amount! what to do?  (Read 10114 times)
Crypto Lady
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September 25, 2018, 11:34:51 AM
 #2061

I lost 70 percent of my investment capital. It makes me very frustrated. But I believe in the crypto currency and the fact that I can make a lot of money here.

AK47-
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September 25, 2018, 11:58:17 AM
 #2062

11K dollars is enough money to invest in cryptocurrency. Well, i hope you have studies about price trends of alt coins before short listing or investing in alt coins. We all are well aware that cryptocurrency have volatility. Which means rapid and unexpected changes in prices. Situation can be worse too. Before investing in crypto, firstly you need to be prepared mentally are you risk taker or not. In cryptocurrency nobody can ever predict the future. If i come to your point, if you have lost your money by investing in crypto it doesn't mean prices will never go up. You just need to wait for few months , as it is expected prices of alt coins will go up in the month of december.
ethalliance
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September 25, 2018, 12:12:24 PM
 #2063

First, you need to calm down and think about why it happened. And to conduct an analysis. Only then can you understand how and why it happened. Make certain conclusions. And make them a list of future investments.
wiak2
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September 25, 2018, 04:17:39 PM
 #2064

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?
I believe that this situation is typical for many market participants. Just need to learn from your mistakes, because they become wiser because of them. Today it is better to continue to hold and buy promising coins for the future, while their price remains rather low.
ugr_erkn92
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September 25, 2018, 04:33:44 PM
 #2065

Declines in the crypto market have frustrated small investors this year. There are too many people who have lost a part of their capital. Making the right investments with the rest money can correct the job.
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September 25, 2018, 04:40:38 PM
 #2066

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?

We all suffer in this down trend market, but its not the end. In fact now market is start to get interesting again it started to pump back. All we hope that this will continue until it reaches the same price last year. For those who hold their token and wait I think there will be a great profit awaits.


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yacare
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September 25, 2018, 04:44:33 PM
 #2067

You have two ways... the first is to sell what is at current prices and get a loss, the second way is to wait patiently for the market to make another turn and make a profit. But no one will answer you how long you need to wait, perhaps a lot of months.

ljp7839008
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September 25, 2018, 05:05:22 PM
 #2068

You just have to wait. Wait for the high rate, and then return everything selling at a high price. If you have enough patience!  YOU're not alone. A lot of people who faced the same problem.
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September 25, 2018, 05:20:55 PM
 #2069

You can recover your losses if you start investing now, or better still wait until bitcoin drops to 4000. This is my opinion, but it should be so in the graphs.

miklesm
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September 25, 2018, 05:28:12 PM
 #2070

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?
I think you should just hold your altcoins and wait for the end of the correction. I know, it is very painful to see such a big loses, but I am sure the market will recover and you will get a good profit in case of holding.
Dancing_Lion
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September 25, 2018, 05:28:40 PM
 #2071

Many participants of the market faced this problem today. But I believe that in any case, there is no need to lose hope. Reliable and promising projects will in any case eventually be able to restore their positions. Therefore, now the most logical decision is to hold and buy coins for the future.
necromastery
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September 25, 2018, 05:47:32 PM
 #2072

You have two ways... the first is to sell what is at current prices and get a loss, the second way is to wait patiently for the market to make another turn and make a profit. But no one will answer you how long you need to wait, perhaps a lot of months.
I see it's better to sell it and moved on, buy some altcoin which have good look for you and you can do research first about it, then hold it a bit. It same as hold your first token, but in different token can have another high chance to earn fastly and can recover your loss. The chance for every altcoin to rise is defenitely different. Surely waiting for market to be recovered within an indefinite period is boring.
vertinfos
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September 25, 2018, 05:56:13 PM
 #2073

Yes, now of course not a very pleasant situation in the market, especially for people who invested in December 2017, I think now it would be reasonable to save money and wait for the return of the bull market
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September 25, 2018, 06:14:52 PM
 #2074

fomo is always there but you must know when to cutloss and try another day. since the market is volatile, better move on and get up fast and start another trade for you not to hold the pressure that much.


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September 25, 2018, 08:05:17 PM
 #2075

I think you should wait. And keep investing the boring way. The crypto market is ruthless, I found. You should keep holding.
Gilliffyn
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September 25, 2018, 08:07:36 PM
 #2076

I myself was in a big minus, but I sold Ethereum 500, and recently bought 170, of course I reduced a little loss , I would also recommend you such a strategy only when you are sure ! and at your own risk

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September 25, 2018, 08:10:44 PM
 #2077

At this forum, almost all of this year lost from half to 90% of their atkivs. And those who could cope with this, sit here. And who could not resist, long gone.

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September 25, 2018, 08:16:42 PM
 #2078

No need to worry mate. many people are losing their money.
most important thing is to take lessons from mistakes. and we will not do same mistakes in the future.
you need to buy some tokens with these cheap prices. and you need to wait.

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pharaon
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September 25, 2018, 08:19:54 PM
 #2079

At this forum, almost all of this year lost from half to 90% of their atkivs. And those who could cope with this, sit here. And who could not resist, long gone.
Yes, you are right, we are all in the same conditions, but each market participant chooses his strategy, with which he can win (make a profit) or lose (lose profit). If we do not sell our coins at low prices, we do not lose anything.
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September 25, 2018, 08:22:15 PM
 #2080

I lost almost 80% this year , what to do?

Cry or laugh because I believed crypto has a future.  Grin
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