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Author Topic: I lost half of my crypto amount! what to do?  (Read 10068 times)
montaza
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September 28, 2018, 08:04:45 AM
 #2121

It is your own choice, and it depends on the coin you bought, don't always hope that the coin price you're holding will recover your lose, sometimes it is better to sell it and buy back again.
honghe99
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September 28, 2018, 08:06:26 AM
 #2122

If you still have hope for cryptocurrencies, you can try to convert the remaining coins into Bitcoin or USDT for savings and use more time to participate in the event!

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eagle10
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September 28, 2018, 08:23:39 AM
 #2123

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?
DOn't worry. You can recover what you lost. What went down will go up in time.  You just have to be patient of course because we are still in the bear market. If you pull out without waiting, then expect a huge loss but if you wait, reward is waiting.
forkky
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September 28, 2018, 08:25:12 AM
 #2124

for me i think hodling is the only solution
defoman
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September 28, 2018, 10:44:22 AM
 #2125

You succumbed to the hype that was at that moment around the cryptocurrency and acted very recklessly. Before investing, you should understand that this is a huge risk and you can lose everything. In addition, if you studied the market, you would understand that it can not constantly grow. Therefore, we advise you to consider this experience and keep your coins. Until you sold them, you didn't lose anything.

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89shaky
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September 28, 2018, 07:13:09 PM
 #2126

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?
Do not you understand that you can not influence the past in any way? Many people lost their money because of changes in the market. You should not panic, I advise you to continue to hold your coins until better times
jaggijagjit
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September 28, 2018, 07:36:25 PM
 #2127

I suggest you to hold your coins and wait for bullish market because this is not a right time to sell your coin. If you have some extra money to invest then this is the right time to averaging your investment and take advantage of this correction mode.

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Nexigen
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September 28, 2018, 09:48:24 PM
 #2128

Fall of the market in 2018 led to the loss of money by huge number of people. But, at the same time, it became a lesson that you don’t need to strive to get huge income on a long growth trend. In 2016-2017 cryptocurrencies only grew, and this cannot be eternal. The same can be said about constant fall of cryptocurrencies - it cannot be permanent.
Larochka
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September 28, 2018, 09:52:40 PM
 #2129

Nothing to do, the most important thing is not to panic, this is an investment and you had to accept the risks that are present here. Risks are everywhere, in any financial market. So now you just need to earn more and not make mistakes.

Ximoandali
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September 28, 2018, 09:53:30 PM
 #2130

If you've lost so much I think it's wise to keep them on, if you sell them now you'll lose the money as well so you're still in the money

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timi33ooo33
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September 28, 2018, 10:02:43 PM
 #2131

I also suffered losses. But I still believe in the crypto world, I'll just wait some more time and see when the market stabilizes Roll Eyes Cool
christofyler
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September 28, 2018, 10:11:11 PM
 #2132

For now maybe you should hold since the market is down somehow. But you should know that Altcoin investment are not advisable to hold long because most of them have reached their maximum price  day trading are best for Altcoin.
tarlok01
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September 30, 2018, 04:31:18 PM
 #2133

Don’t loose hope you will recover everything at least go through the white paper and then you will understood that in same case only you will be happy.
kavishka
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September 30, 2018, 04:33:29 PM
 #2134

dont sell hold times come to sell just wait and see
Farin Aliev
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September 30, 2018, 04:36:58 PM
 #2135

I, too, have lost some of my crypto currency, but I will be patient and just wait for the market to grow. After the correction there will always be growth))
Samolet
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September 30, 2018, 04:44:30 PM
 #2136

Investing in cryptocurrencies acts on the nerves of even experienced traders, but do not succumb to emotions. Stick to your strategy, remember why you bought those or other tokens, and do not panic. What to do when the market starts to fall, depends on your specific position. If you have already invested and see that your position is getting cheaper before our eyes, this is one case. Another option is when you go out into cash and wait for a good investment opportunity (try to find yourself in this position when the market falls).
marados
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September 30, 2018, 04:49:22 PM
 #2137

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?

Definitely, with a current market state you should just hold now and wait for a comeback. If you have waited till now and you haven't sold, then just hold it out. We are for a long time in bear market now, and there is just no point in selling, we all just have to be patient and try to accumulate as much as possible now when all prices are low.

Personally, I do believe in future of blockchain technology but all currencies and token wont make it that is for sure, so choose wisely in which projects you are investing.

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Genania
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September 30, 2018, 04:51:19 PM
 #2138

Most every cryptocurrency bearer has instantly missed a role of the measure . On the other hand assume 't vex , as decrease than instantly the cost desire not drop , on the other hand close to the change of the yr with a big level of likelihood thither desire be a meaningful extension of the full marketplace .
hungsanh2512
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September 30, 2018, 04:54:38 PM
 #2139

Even though you're losing half your fortune, you're not going to lose it. By reversing it can cause you to multiply 4 times. So it's never been the end of the crypto market and you have to be patient and wait for good results to come to you.
konflikkastil
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September 30, 2018, 04:56:25 PM
 #2140

if you don't want to lose more money then I suggest you to be patient and hold the coins you have until the market grows because when the market grows, you will see that your portfolio has a lot of profit

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