55K loss, how to get back into the game

[SinLinJim]

Folks, what a terrible year 2018 has been so far. I invested around 60K and now left with 5K. I did terrible mistakes and I hope there would be a turnaround sometime next year or so. Any suggestions?

If this is true, then I hope that you have not sold coins and $ 5000 is not the amount with which you left the market. No matter what your coins are worth, one day they can easily return their high price

[keyscore44]

Folks, what a terrible year 2018 has been so far. I invested around 60K and now left with 5K. I did terrible mistakes and I hope there would be a turnaround sometime next year or so. Any suggestions?

If this is true, then I hope that you have not sold coins and $ 5000 is not the amount with which you left the market. No matter what your coins are worth, one day they can easily return their high price

If someone handle such a long period of price drops, I am sure he is still holding the coins. It seems that the trend is changing and the market sentiment is improving, so everything telling me that soon prices will start to rise and losses will be recovered.

[holden.commodore]

I've invested 20k and now I am left with 5k, that means I need my portfolio goes 300% to recover the capital invested... but 300% is not an absurd number for crypto market.
In your case you need your portfolio to go more than 1000%, rather tough. I think bitcoin price going to 40k usd should be your hope.

[HatakeKakashi]

The only way for you to earn again if you invest again your money and hold the coin that you left in my country losing 55k dollars is a big amount it cause like million dollars value and I think it will possible for you to recover it again if you are going to wait again.  You can invest again if you really want because market now is low so you can avail affordable coin because the value is very low now.

[fourpiece]

Folks, what a terrible year 2018 has been so far. I invested around 60K and now left with 5K. I did terrible mistakes and I hope there would be a turnaround sometime next year or so. Any suggestions?

Dont lose hope, just hodl and wait till your investment comes back. If i were on your situation i dont what will i do, but you your still calm and strong.  I hope you will get your investment this 2019 buddy

[edisystem]

Folks, what a terrible year 2018 has been so far. I invested around 60K and now left with 5K. I did terrible mistakes and I hope there would be a turnaround sometime next year or so. Any suggestions?

Jesus, what coin you invested? It would be hard to be honest to make a recovery only by 5k, it will takes years i think.

Do you have funds left? If yes, you can invest it and buy bitcoin cash or Ethereum. Buy at low price and sell at high price, repeat.

[idham29]

I've invested 20k and now I am left with 5k, that means I need my portfolio goes 300% to recover the capital invested... but 300% is not an absurd number for crypto market.
In your case you need your portfolio to go more than 1000%, rather tough. I think bitcoin price going to 40k usd should be your hope.

That may be a risk that must be accepted when investing when prices are high, because to get  advantage must increase even higher. It turns out that prices actually go down and losses must be received.
Therefore there is no other way unless the investment is maintained and expects prices to rise as high as possible to return losses that have already been experienced. Or, wait for the lowest possible price and as much investment as possible, then pray the price rises.

[Anc92]

If you're still holding, you may have recovered some of your funds from the recent greens. 2018 was indeed a year we saw terrible things.
But what saved a few of us was putting in cash in projects that had teams capable of making the right moves at every turn.
Wish you better investment strategies this time mate!

[HichemFetoui]

this year can be a better year for the crypto ecosystem a lot of project are going life and mainnet poping out around the world we can see a real increase in price by the end of 2019 good luck for you

[Jrfranco]

Folks, what a terrible year 2018 has been so far. I invested around 60K and now left with 5K. I did terrible mistakes and I hope there would be a turnaround sometime next year or so. Any suggestions?

Learned.from mistakes man, but if i were you Maybe you could do trading rather than investing long term, still scalping can help you make profits every trade, remember to make a friend with the trend, and you know 55k loss is too much if you did a cutloss those times Maybe your losses could.be minimized.

[patz22]

Folks, what a terrible year 2018 has been so far. I invested around 60K and now left with 5K. I did terrible mistakes and I hope there would be a turnaround sometime next year or so. Any suggestions?

I doubt that you have that amount of initial investment. Well, saying you have and where did you invest that you lost more or less 80% of your money. Did you even think of cutting your losses when it was only around 5k? If you invested into only one coin or token you should at spread it.

[Al-e_x]

Wow, that's a very big number, you should be more careful because investing in the crypto world has a high risk. You better calm down first and not think about your money for now

[mongkie]

Folks, what a terrible year 2018 has been so far. I invested around 60K and now left with 5K. I did terrible mistakes and I hope there would be a turnaround sometime next year or so. Any suggestions?

in what currency? usd? i think thats a big money. i suggest that before entering into investments make sure that you have tested the waters and even in less volatile markets than crypto. i hope that you will regain your losses once the bullmarket starts.

[sanida]

That was a big mistake I guess, but you still have the way to recover it at least by 50% by now. considering with the sudden pump. but if you still mess it up with a wrong coin you bought then its finally for you to leave the room man, or you need to use some money again to recover back what you've lost but remember to be careful this time now.

[Ochakemaput]

in what currency? usd? i think thats a big money. i suggest that before entering into investments make sure that you have tested the waters and even in less volatile markets than crypto. i hope that you will regain your losses once the bullmarket starts.

that's the risk of trading in this market. like gambling because sometimes investment won't produce anything. learn from experience and you can improve your defeat to victory.

[Duzter]

Every year is predicted to be a good year, but reality differs. None expected such a massive growth by 2017, but things happened and following the same there is a big hope on 2018. Everything went completely away from the expectation and that's the cause for massive losses. $55k is something very big and to get back the loss only possibility is to hold. If the investment is made over cryptocurrencies that doesn't have bigger market then the posso gets shrunk.

[BitcoinPanther]

Every year is predicted to be a good year, but reality differs. None expected such a massive growth by 2017, but things happened and following the same there is a big hope on 2018. Everything went completely away from the expectation and that's the cause for massive losses. $55k is something very big and to get back the loss only possibility is to hold. If the investment is made over cryptocurrencies that doesn't have bigger market then the posso gets shrunk.

OP should have set a stop loss on his trade wherein he will sell his holdings once the asset goes down that value.  If he believe on his holdings, he should have bought on the bottom to average his losses and can get out of the trade with minimum losses or minimum interest once the price goes half of the price of the asset when he first invested.

[onrise]

Folks, what a terrible year 2018 has been so far. I invested around 60K and now left with 5K. I did terrible mistakes and I hope there would be a turnaround sometime next year or so. Any suggestions?

If this is true, then I hope that you have not sold coins and $ 5000 is not the amount with which you left the market. No matter what your coins are worth, one day they can easily return their high price

Couple of rules one should always have is that never chase the looses if incured. Because you can never focus ahead if you keep on looking past. One should learn from the mistakes and never repeat as this experience will count for the future.  Try to build again a good portfolio with little amount if one can accumulate and start over again.

[meldrio1]

last year was not good that was the year of bear market, but now I think it is good to invest the market is recovering, I hope that OP did not sell his tokens, he should keep hold and invest more.

[Caladonian]

last year was not good that was the year of bear market, but now I think it is good to invest the market is recovering, I hope that OP did not sell his tokens, he should keep hold and invest more.

Hold is the way in order not to lose your investment, though we all seen how bad market turned last year and we can't do nothing but to wait till it
bounce back and give some breathing, the market volatility can't be avoided but as long as you have trust and you can wait for some time there's
always chances to regain the value or better to get much higher when bull begins to rise.