Should I cash out and take the loss?

[asriloni]

At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!

At 75% loss is really a bad idea to cash out. Is better to hold surely market will bounce back so just hold on You never know when Lambo..

At least we have been seeing a little spike in the bitcoin and ethereum. to take the loss will become a very bad decision. I have lost around 70% from ATH but I still hold my bitcoin and any other coin in my wallet. Because I never try to do anything with it. I try to earn more and more dividend as much as possible to recover my lost.

[electron-coin]

I think it's not worth blaming anyone. You yourself have a head on your shoulders and you can think it over. I don't know what you read and from which author. Perhaps this person believed in those coins, maybe he deceived, but the point is that you believed to stranger  and invested your money. I really do not like this type of people like you. Such people, for some reason don't want to think for themselves, they are waiting that somebody tell and show them everything, and they will only take profits. But this does not happen. In order to earn, you need to work hard. Every successful person, in order to earn, daily learns a lot of new information, analyzes the market, reads a lot of news, studies coins. If I heard about a new coin, which is highly praised, then first of all, I would learn everything about it.
Such people are not able to understand that they themselves are to blame for what is happening to them. They are looking for the guilty around. People, circumstances, the situation in the world, etc. are always to blame.
My advice to you. In order to succeed, start changing yourself. You don't need to listen to anyone, then you will not have to blame someone for your mistakes. Begin learning to trade in the crypto market, learn technical analysis, read news, read information about coins, be aware of everything and listen only to yourself. And if you can not do it, then this kind of earnings is not for you!

[muid03]

do your own research...do not trust any person opinion...trust to your self.. read everything and decided by yourself...

[Manc89]

At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!

Don't cash out. If there's one thing that remains constant about crypto, it's "You never loss until you cash out". Check BTC's history. It's had so many numerous crashes and death knell that you'd wonder just how many lives it has.
Don't cash out.

Cash out on loss is very big mistake. Dont even do it. Its just for people who are not ready with cryptocurrency situation.
Crypto currency is normal dynamic and volatile. Volatile is the main characteristic of cryptocurrency so loss now can be back to be profit after.

[Flor1982]

At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!

Pearl is a good coin but it just happen that your timing is wrong when you buy and start to join the investments in which the Bitcoin is starting to fall early last year. Most of us really suffered the same faith that when we buy the dip but its dips more but still better you will not sell all of your coins and wait until this year would end because i believed that these coins of yours will bounce back again.

[m.vina]

At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!

Bad idea to cash out. We are at monthly all time lows. I would wait a little.

The problem here is that you picked the wrong coins to begin with. If you really did research well you would have found that the safest means of investing in crypto would be to simply buy Bitcoin or Ethereum. You bought shitcoins which are, of course, extremely high-risk.

[Altero]

At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!

Absolutely you are in the wrong timing in buying coins and you can't blame people talking good about crypto which make you losing a lot. Actually, it is your decision to invest crypto and there is nothing forcing you that. Patience is the only key to save from losing, those coins that you have invested will boom soon, just wait for it. 

[Pattart]

At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!

Bad idea to cash out. We are at monthly all time lows. I would wait a little.

The problem here is that you picked the wrong coins to begin with. If you really did research well you would have found that the safest means of investing in crypto would be to simply buy Bitcoin or Ethereum. You bought shitcoins which are, of course, extremely high-risk.

I think most users who holding are currently buying during January-February. although they buy the famous coins like ETH, BTC, LTC, though.
the price is very far down below. I would not suggest to sell at this time because it was too late. You've lost too much. better hold it

[Tuturtinular]

At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!

You should still hold the assets you have not until you remove it in time and conditions like this because surely you will encounter big losses both be patient for a moment if you want to earn profits because there is still hope to go up if you keep holding your coins for a period of time long.

[vladmiranda]

Cash out at the bottom, worst thing you can do unless you really need the money.

[Muzika]

I am a holder and sometimes there was a time that I need to cash out all my coins but as long as I dont need to do it Ill keep it on my wallet, I also already experienced that kind of thinking that I should sell all of it because maybe the price will goes down continually, but later on I regret what i did because the price pumps.

[Footmanred]

You sold then when already and there was nothing to sell. And it was worth your invested money and nerves for all the time. Maybe it's worth waiting for more time to pay back or a little to cover losses and already be much more confident.

[cryptoadobo]

Just Hold On Dear Life!  The bearish market will end soon and you will be so frustrated once you see your loss. There is only market correction and the bullish market will be able to achieve once the issue is done.

[Lerosaeyan6]

you should not be so what you are going to do because now the price of altcoin and the market has not yet come back and it is impossible, it will all return you do not need to cash in and by waiting you can get profit instead of a loss

[ztto]

You can do whatever you want my advice would be not to unless you find fulfillment in loosing money . Wait out for better times I mean what’s the hurry unless you have an emwrgency and the only money left was your crypto but if that’s the case you made a mistake in the beginning you never out money in that you can’t loose . I’ve invested money but I’m enjoying the ride up and downs   It’s a game don’t stress about it

[beebee187]

I think at the end of the day, this has to be your decision and you need to be ok with that decision going well or poorly. I know I for one am definitely holding thru this downturn and have plans on cashing in some during the winter, if and when prices begin to recover. Good luck with your decision.

[TokenForUs]

well, firstly i really do sympathize for your loss, but not only you...there are many people had same experiences right now, the volatility of cryptocurrency is too risky for investing in short term.
secondly, you are true! i have talked to trust nobody in cryptocurrency people can say anything without any responsible to what the impact of their words.
if i were you i will cash out the rest of my capital and holding for ethereum in current price and hold it until 2021, so it will recover of your loss, and may take some benefit from it

[the13thsymphony]

The only way to lose your investment is if you sell all of your portfolio. It is true that the prices are down but that does not mean that the prices will not go back up again it is just a matter of patience and dedication to what you have started. Also while the prices are down I would suggest to add more in your portfolio.

[longyenthanh]

The only way to lose your investment is if you sell all of your portfolio. It is true that the prices are down but that does not mean that the prices will not go back up again it is just a matter of patience and dedication to what you have started. Also while the prices are down I would suggest to add more in your portfolio.

That mean he need to be more patient cause if someone is doing anything on market he need to know that there is some chance that price could go down but that doesn't mean that it will stay at this level and will never go up, so be more patient and believe in your investments.

[supine]

At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!

I think that is why you should not invest just because you are seeing a lot of good reviews or recommendation of a certain coin. Invest at your own risk, since it is your money. If you are willing to take the loss, just cash out. If not, you can hold and wait for the market to recover. Remember that you will not incur losses as long as you are not cashing out or trading.