Fell from 60k dollars to 5k dollars - what s the way to 100k

[coskunc]

I started my crypto journey with only 4500 dollars at the end of October. I made good altcoin choices and with the bull market my trex account had around 60k dollars.
Then the crash hit my precious coins, I was the queen than became a total bag holder. Still holding my 5 month old coins, I think I am at the disbelief episode.

Any suggestions how can I go all the way up?


edit: Here are the bags I am holding for the last 5 months (i still have faith in them). Some of you have asked what I got here u go!
Thanks for the nice and supportive comments btw
-ARDR (huge huge loss' this bag was huge - actually ardor is the main reason of my losses - but still one of my fav projects)
-SC & DGB (huge huge mistakes)
-PAY
-STRAT
-GAME

The ones that I regret from kucoin...
- FLIXX
- QSP
- KEY

 and made some silly trading mistakes to loose more... thats why I went a little further than their losses (not much though)

[Mr. Art]

this is why you should know about technical analysis
because you will know when the price was overbought, so you can sell it and wait for the bottom to buy again
but, i think i can said you should hold your coins now, and wait for the next bull run my friend

[coskunc]

this is why you should know about technical analysis
because you will know when the price was overbought, so you can sell it and wait for the bottom to buy again
but, i think i can said you should hold your coins now, and wait for the next bull run my friend

you are totally right, actually that s why I am trying to learn technical analysis right now and you know what, I can see how stupid I was to hold them all the way. I was lazy and spoiled, I didnt care looking at anything, I only kept reading some twitter people and followed whatever they said, now I understand how wrong it was...

I held them for 5 months I think it wont be hard for me to hold a little more

[Javi_Anibarro]

this is why you should know about technical analysis
because you will know when the price was overbought, so you can sell it and wait for the bottom to buy again
but, i think i can said you should hold your coins now, and wait for the next bull run my friend

you are totally right, actually that s why I am trying to learn technical analysis right now and you know what, I can see how stupid I was to hold them all the way. I was lazy and spoiled, I didnt care looking at anything, I only kept reading some twitter people and followed whatever they said, now I understand how wrong it was...

I held them for 5 months I think it wont be hard for me to hold a little more

good choice.
just bear it in your mind,you will not lose anything if you do not sell it.
which means if you can afford to hold it until we are breaking our trend,i believe everything will start to recover.
at least we should see that kind of movement whenever we're reaching another halving day aka 2020.
right now if you do not have anything to do,
learn Technical Analysis,it might be do not work completely but with it you can start your strategy and you will know and understand the risk.
management risk is important in cryptocurrency.
go here ;
https://www.tradingview.com
in there you can talk with other people and learn from their TA

[DZU1410]

I started my crypto journey with only 4500 dollars at the end of October. I made good altcoin choices and with the bull market my trex account had around 60k dollars.
Then the crash hit my precious coins, I was the queen than became a total bag holder. Still holding my 5 month old coins, I think I am at the disbelief episode.

Any suggestions how can I go all the way up?

And what exits can be, now it is necessary gradually to return everything at first on the upswing to get a little profit, to drop partially and to invest in cheaper coins and so in principle further and act. Or hold at least until the end of the year.

[Azizjon92]

I started my crypto journey with only 4500 dollars at the end of October. I made good altcoin choices and with the bull market my trex account had around 60k dollars.
Then the crash hit my precious coins, I was the queen than became a total bag holder. Still holding my 5 month old coins, I think I am at the disbelief episode.

Any suggestions how can I go all the way up?

altcoins that you have come in plus or zero sell. Your main task is to increase the equivalent amount of bitcoins in the portfolio. The more bitcoins you will have the better coins, and when bitcoin starts to move up to at least 15,000 dollars you will have a very good portfolio in dollars

[Lastsamuraj]

As i assume,60k was during btc ath.Made same mistake and didnt sell anything.Only option is to wait for the next btc bullrun and ath if happens:)2019 maybe

[imstillthebest]

I got the same problem as op did but with a lower amount . I did hold a few alts that got pumped recently but now i did somehow regret because i did not be able to sell them.

It was hard to see that price seems impossible to pumped up again but i gues the best way to do for now is to hold and wait again for the best moment to sell.

I do also got an oppossite problem where i sell my coin for  a high price but after a few days the price of it got even higher and higher. Lesson learned just be patience and keep it lowkey in crypto .

[torry28]

Depends what are token you still hold until now. Anyway you still profited $500 from your current investment (your initial investment was $4500 and now it's at $5000).
No one predicted if bitcoin or altcoin will falling a lot after january 2018 when almost all coin/token reached their ATH

[masternodes.com]

A smart choice would be to look up new or upcoming promising Masternodes. It doesn't cost much to run a masternode,you only need stable internet conection in order to be online all the time and that's pretty much it. It's a good way to earn stable passive income and if the price of the coin goes up you could be making really good money in no time. You don't lose anything and can sell all the coins whenever you feel like it or need money. If you find the right coin to invest in - its a win-win situation. Good luck !

[adamlillian]

I started my crypto journey with only 4500 dollars at the end of October. I made good altcoin choices and with the bull market my trex account had around 60k dollars.
Then the crash hit my precious coins, I was the queen than became a total bag holder. Still holding my 5 month old coins, I think I am at the disbelief episode.

Any suggestions how can I go all the way up?

I think you have a pretty big amount to invest. You should take some money to learn about market analysis skills. It will help you a lot in speculation or investment.
In addition, the books on investment are numerous. I think you should buy and read it. It will help you to have a better investment thinking.

[caisa88]

I understand what you are going through, i am kinda in a similar spot but on a lower scale ( My ath worth was around 20k dollars). I think that the best thing you can do is to analyze your mistakes, learn to read the charts better and don't repeat the same mistakes when the next bull run comes. It's obviusly that the prices can't go up forever, so this is a normal cycle and you need to know when it's time to take some profits.

[wndrbr3d]

As i assume,60k was during btc ath.Made same mistake and didnt sell anything.Only option is to wait for the next btc bullrun and ath if happens:)2019 maybe

I don't expect to see Bull`s market earlier than 2019 because last big pump was recently (just 4 month ago).
We should pacify our greedness because 10 coins with x3 result is better than 1 coin with x15 result.

[makishart]

I started my crypto journey with only 4500 dollars at the end of October. I made good altcoin choices and with the bull market my trex account had around 60k dollars.
Then the crash hit my precious coins, I was the queen than became a total bag holder. Still holding my 5 month old coins, I think I am at the disbelief episode.

Any suggestions how can I go all the way up?

Hold if you can, but in my opinion if you will be trying to sell all of your portfolios at your own loss condition and then that will not let you to recover your amount again in the future.
look at the market and how it jumps back again just in some hours. The only possible thing to move in another coin but this involved a very high risk.

[AAlex48]

I started my crypto journey with only 4500 dollars at the end of October. I made good altcoin choices and with the bull market my trex account had around 60k dollars.
Then the crash hit my precious coins, I was the queen than became a total bag holder. Still holding my 5 month old coins, I think I am at the disbelief episode.

Any suggestions how can I go all the way up?

There are not many options.
1) Wait for rollback on each coin and leave at least a small +.
2)Wait until the last, if in the red, then there is no point to touch them, unless of course it was not the right money.

[karel88l]

Same happened to me from 30k back to 7k we missed opportunity to sell in jaunary.I sold part of my portfolio i expect prices will go lower this is not end of sale and next bull run will not come soon.

[xenomorphe1]

I did this mistake too. A lot of people were expecting BTC to go higher than $20'000. But some whales decide that it was enough.
That's why you should sell when you get enough profits. You should not be too greedy. Don't listen to Mc Afee previsions.

[badykvik]

I think you should have sold the coin when you made enough profit and noticed the gradual fall in the market price of you coin. In crypto, you should know when to sell and when to continue holding but the mistake has happened and you have learnt from it. It will be better if you just hold the rest until the price rises or sell if you think you cannot wait for the market to recover to avoid total loss.

[Red-Apple]

i am sorry to tell you that this market is not for you and you are not a trader despite what you may think. you are a gambler. you bought some random coins (thinking they are good) and then by pure luck they were pumped and your profits increased. then since you do not understand how this market works you continued holding these coins instead of dumping them and your losses began.

my suggestion is that you stay away from this market unless you figure out how it works which is pure pump and dump and you should never hold any altcoin for longer than their pumping period lasts.

[Poink]

I started my crypto journey with only 4500 dollars at the end of October. I made good altcoin choices and with the bull market my trex account had around 60k dollars.
Then the crash hit my precious coins, I was the queen than became a total bag holder. Still holding my 5 month old coins, I think I am at the disbelief episode.

Any suggestions how can I go all the way up?

x13+ is very impressive, almost twice what my portfolio did.  

Without knowing what coins you have now, it is guess work for us but sounds like you are a gambler (judging by the return %age).  You chose winners (likely short term) so you did something right.  

Repeat your process (what you did) but this time, have an exit strategy...say withdraw 20% every time your portfolio increase by 100% (just a sample).  If you did this, you probably have more than $30,000 at the very least now.  

I also suffered big loss (not as much as you did) and regret not doing what I am telling you now...it is easier said than done because of GREED.  It is  a double edged sword and will give you smaller return if the growth trend continues but that is an unlikely scenario.  This method is a safe & good compromise IMHO that I plan on implementing this time around.

Good luck!