Which coins brought you massive losses?

[SnapStefan]

Dear bitcoin community,

Because there are no gains without losses, I decided to open this thread in the hope that I could also learn from your mistakes when you chose the wrong coins in which to invest your money.

For example, I invested in December 2017 and I lost my money in following coins:

Bitcoin
Ethereum
Ripple
Bitcoin Cash
Dogecoin
IOTA
NEM

The only coin that brought me profit was NEO.


But what about you? What are the coins in which you lost your money?

[xarly1]

Well, I think you are not quite right , if you do not sell them the losses you brought . Since the new year the market was in correction of many of the coins were in decline , so you should wait the recovery of the market and sell at the best price . This opportunity is sure to be

[SnapStefan]

Well, I think you are not quite right , if you do not sell them the losses you brought . Since the new year the market was in correction of many of the coins were in decline , so you should wait the recovery of the market and sell at the best price . This opportunity is sure to be

So you're saying that waiting for almost 4 months to see if a coin is good for a short-term investment wasn't enough?

[mariayaz]

I always bought coins at cheapest price, i was still in some profit when bitcoin has hit $7000, so no losses so far. There is a key, never buy a coin whos growing rapidity and at high price.

[laurenB7742]

Well, I think you are not quite right , if you do not sell them the losses you brought . Since the new year the market was in correction of many of the coins were in decline , so you should wait the recovery of the market and sell at the best price . This opportunity is sure to be

So you're saying that waiting for almost 4 months to see if a coin is good for a short-term investment wasn't enough?

How did you expect short term profit when you bought after that rapid growth in December? Ok you didn't know at that time but you probably bought near all time high. Well, you probably expected that growth will continue for some time, but you should always keep in mind that buying after 100%+ gains in last month, is risky. It could go on for some time, but usually there is correction coming.
So yeah, 4 months was not enough, apparently it will take more than that to get back to prices in December. But I am optimistic about it so keep Hodling. 

[ShadyMash]

i joined to the crypto currency trading in 1st quarter of  2017.and i don't know much about coins but i bought some coins from bittrex.then i get very small profit and exit from that coin.somehow i collected 0.05 btc.one day i saw people show lot on interest in OKcash. people say it will go to atleast 1$.so i bought okcash for 18K with my all BTC.then it crash like hell and i sold my okcash lot for just 0.009 btc

[StevieLuigi]

Tron. Possibly the worst investment i’ve ever done

[electronicash]

its the NEM that i've lost not because i invested when the price is at ATH but i have dumped too late 
if i just did it quick while the token is being pumped, i could have saved my profit in my wallet and not in the hands of those whales who pumped NEM. the project is good though i just don't consider it being used by more devs

[Golftech]

Dear bitcoin community,

Because there are no gains without losses, I decided to open this thread in the hope that I could also learn from your mistakes when you chose the wrong coins in which to invest your money.

For example, I invested in December 2017 and I lost my money in following coins:

Bitcoin
Ethereum
Ripple
Bitcoin Cash
Dogecoin
IOTA
NEM

The only coin that brought me profit was NEO.


But what about you? What are the coins in which you lost your money?

In terms of loses, I don't have yet since I'm still holding those coins that I bought from that time, I do have nxt when ignis is the talk of the town, too late to  realized that polo will not support the fork, the downfall is part of this system so holding will be much preferred, don't lose hope and keep monitoring if you still have money to use, then buy the same coin that you are holding, so when the time comes to that project and the rise start to show up for sure you will earn a lot and be satisfied.

[slaman29]

Oh I wouldn't worry about the coins you got like Bitcoin and Ethereum. They really are not THAT far from their ATH prices (try to think in percentages rather than actual hundreds of dollars).

My current worse performing coin is Elastic. It is current trading at 15% of the price I bought it at (bought over 20k satoshi and now barely 3k satoshi). So that's perspective for you!

[Gracciiaa]

TRX,
Davorcoin, and
GRX

i'll say those were my biggest loses. Still uncertain about Hextracoin since they're yet to hit an external exchange.

The hype on TRON was quite high back then, a reason why you should not fomo in, and GRX makes me wonder if it's worth holding a coin for the long term since that's what got me stuck in the first place.

[alex_kir]

I think that a lot of people got stuck from the Bitconnect project, the same thing awaits ripple project participants, because so many people started buying up the Ripple project when it was very expensive.

[andreibi]

For example, I invested in December 2017 and I lost my money in following coins:

Bitcoin
Ethereum
Ripple
Bitcoin Cash
Dogecoin
IOTA
NEM

The only coin that brought me profit was NEO.


But what about you? What are the coins in which you lost your money?

Yikes! You actually bought almost every top. A smart investor wouldn't buy the euphoria in any market.

Bitcoin - should have waited for the January crash
Ethereum - should have waited for the January crash
Ripple - bought too late
Bitcoin Cash - future uncertain, shouldn't consider
Dogecoin - shitcoin
IOTA - has issues
NEM - months too late.

[sparg]

Everyone who bought in nov or December ar in the loss.
As all the market is in a dip right now I believe that I can put all my portfolio here and say that it brought me a loss.
But I have patience and wait for the dip to be over.
If I have to put my finger on a certain coin it would be NEO but only because I thought I can trade...  

[AmiranAbdul]

Dear bitcoin community,

Because there are no gains without losses, I decided to open this thread in the hope that I could also learn from your mistakes when you chose the wrong coins in which to invest your money.

For example, I invested in December 2017 and I lost my money in following coins:

Bitcoin
Ethereum
Ripple
Bitcoin Cash
Dogecoin
IOTA
NEM

The only coin that brought me profit was NEO.


But what about you? What are the coins in which you lost your money?

I did not lose a lot of money on such coins, because I knew and waited for the best moments for sale. But on coins below 1 dollar repeatedly unlucky, the benefit of the losses were not so great, therefore, there is little regret.

[wayancrypto]

I got big loss in new token called Utrust and Bitdegree, the price down up to 70% from the price when i bought it. But i just patient wait for uptrend because my purpose to hold it in 1 years. But other mayor coin like ETH, DASH, LTC, WAVES still given me profit because i bought it since 6 month ago.

[aceptamosbitcoin]

carVertical (CV) brought me over 20K loss. But it's my fault to over-trust their token.

When CV was 60K satoshi, I was thinking that this is the bottom. Now I will be lucky if I see it over 40K any time soon.

[metribitcoin]

I bought Storm token in the top and now iam in big loss about $17,000 , the price is drop alot. But for other coin like ETH and BTC iam in profit because i bought it  afew years ago. I hope my loss in Storm will recover soon because look now the price oversold and ready for bullish trend and to the new ATH again.

[chanc3r]

Dear bitcoin community,

Because there are no gains without losses, I decided to open this thread in the hope that I could also learn from your mistakes when you chose the wrong coins in which to invest your money.

For example, I invested in December 2017 and I lost my money in following coins:

Bitcoin
Ethereum
Ripple
Bitcoin Cash
Dogecoin
IOTA
NEM

The only coin that brought me profit was NEO.


But what about you? What are the coins in which you lost your money?

It seems you have been investing your money at peak, i'd not be surprised to see you have been loosing a lot of your money. I was loosing my money in iconomi because i was making a wrong decision about to bought so many coin at peak but after the developer was changing the business plan and then a lot of people are pushing their money to another project and that makes me lost more tha 80%. But i was never making any wrong way again after that.

[chitocrypto]

I got burnt by NANO aka XRB mainly because of Bitgrail Exchange insolvency. Still trying to recover it although bought near ATH at $20+.