papagravel
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Activity: 490
Merit: 11
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September 25, 2018, 08:22:48 PM |
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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.
Do not get frustrated by the losses. In addition, if you do not sell your coins at a reduced price, then you do not lose anything. As soon as the price increases, you will be able to sell them at a profit.
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Catmurs
Jr. Member
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Activity: 518
Merit: 1
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September 25, 2018, 08:27:37 PM |
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Of course it's sad when you lose so much money , but everyone will recommend you the right decision is just to wait until the market returns to its place
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EASY FEEDBACK, WORKING SINCE 2015 (https://www.easyfeedbacktoken.io/en)
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kriptowitch
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September 25, 2018, 08:43:54 PM |
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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?
the most important rule that any cryptotrader should remember is that until you have sold the coin, you have not lost anything.
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FIRST SCALABLE DECENTRALIZED SOCIAL SECURITY NETWORK
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Farin Aliev
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September 25, 2018, 08:44:11 PM |
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You will learn from your mistakes, this will make you a strategist. And next time you will carefully choose projects for investment.
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komjhq
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September 25, 2018, 08:58:31 PM |
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You will learn from your mistakes, this will make you a strategist. And next time you will carefully choose projects for investment. If you sell your assets, then you will definitely lose everything. Thus, everyone is advised to save their coins for a long time, because you will receive your income when the market stabilizes and goes up ..
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miramax-10
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September 25, 2018, 09:02:26 PM |
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I think that you need to keep and not sell. This situation is abnormal, but expected, so do not panic, because growth is still possible.
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papagapa
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Activity: 392
Merit: 11
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September 26, 2018, 04:55:15 PM |
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I think since the crash you have been patient, continue to hold your bags, don't exist presently this isn't good time to sell.
Right, we need good conditions for selling our coins. So far it is better to wait and hold our coins. I agree with your proposal.
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HichemFetoui
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September 26, 2018, 05:02:03 PM |
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haha you are lucky i only have the third of my amount in Dec 2017 we are here learning how to successfully manage a portfolio good luck with the rest of your crypto investment
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Ubrfeh
Jr. Member
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Activity: 238
Merit: 1
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September 26, 2018, 05:31:31 PM |
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It's very difficult to watch your portfolio and as it falls by itself even know , but I like most people just hold if you have good coins in the future they will grow
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Konostar
Newbie
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Activity: 39
Merit: 0
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September 26, 2018, 05:45:22 PM |
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I will repeat what was said here at the forum many times. Until you sold it, you did not lose it. I try to follow this rule. Since if I personally sell at this point all the Cryptocurrency, then I will remain at a loss of 65%. I can not let this happen.
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Riki31
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Activity: 333
Merit: 14
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September 26, 2018, 06:17:49 PM |
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My advise is to hold your coins and wait the increase of the market, you will be really surprised and pleased with your expectations.
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dimon01
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Activity: 378
Merit: 17
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September 26, 2018, 09:19:34 PM |
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I do not sell cryptocurrency at a loss to myself, I have enough money to live. I consider my investments as long-term and I advise everyone. If you have a loss about cryptocurrencies then consider them as a long-term investment.
I also don't sell at a loss, the tricky part is to see when there is a gain and where the price can go even higher, so that you increased your ROI.
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lakzo
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Activity: 168
Merit: 10
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September 26, 2018, 09:23:19 PM |
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Well, you're lucky, because others have lost a lot more! Unfortunately, the period is what it is, and it's not the first time it happens.
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musaonliner
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September 26, 2018, 09:33:52 PM |
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Now market huge falling so don't be cut loss should hold your coin until recover.Crypto again will be recover ending time of in this year.Market up and down it's natural for crypto.
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Dessy88
Full Member
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Activity: 1050
Merit: 100
Vave.com
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September 26, 2018, 09:38:28 PM |
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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?
keep on persevering, don't let you sell everything because of course you will feel lost. this is not the end of everything and not the time for you to complain, you have to stay motivated and believe that prices will rebound
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abake
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Activity: 555
Merit: 12
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September 26, 2018, 09:41:45 PM |
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Every venture involves taking risk including crypto investments. Actually if you don't take risks, then you are not prepared to be wealthy. You only loose in crypto if the project fails entirely, if it's scam or if you sell cheaper than what you bought. If you want to buy into a project, ensure you DYOR, if not stay off. Also do not buy because everyone else is buying, FOMO, that's a trap. On this note, if you lost confidence in the projects you are holding their coins or tokens, then bounce out. If you still beliebe they have vision, why selling off? Just HODL. My humble opinion.
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Action Gamble
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September 26, 2018, 09:47:39 PM |
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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 you're not the only one on this i lost more than a half in crypto and i think it's a bad idea to sell right now so i advice you to wait until the price pump up again, and that's what I'm doing now i prefer waiting.
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colvis
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September 26, 2018, 10:03:13 PM |
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I myself have committed comparable errors of FOMO and it just appears as though everybody does, similar to it is a promise to turning into a decent merchant. So you have committed the cardinal error of FOMOing (dw we as a whole have) now you are in a spot of hodl or offer I would hodl myself since I don't care for offering at misfortunes. Likewise you need to take a gander at whether those coins or not have a shot of escaping the red and to the extent I know those are alright coins and you ought to have the capacity to crawl out of misfortunes. In conclusion, realize that I am still pack holding two or three alts from a year ago some of which I have had for 10 months now (and don't know when I can dispose of yet will endure it).
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money_forever
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Activity: 392
Merit: 10
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September 26, 2018, 10:18:09 PM |
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I lost most of my investment capital. My mistake was that I believed in a market turn and did not sell coins at a time when they continued to fall.
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chokomenia
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Activity: 364
Merit: 10
take & Vote or Become a IoTeX Delegate!
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September 26, 2018, 10:36:01 PM |
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The more reason it is not good to invest with what you cannot afford to lose, I invested into in cryptos in January but i learned to invest only what i can afford to lose and that is what i did, today the prices are so down to the extent that i have lost everything but i am still holding those coins, and i am not pained because i invested with my spare money, so i can always wait as long as it takes for the market to rise up again.
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