55K loss, how to get back into the game

[michellee]

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?

have you already sold the coins that have invested?if not so why consider it losses when the same volume sits still on your folio?

Since you are asking for turnaround,no one can give concrete answer because that’s impossible to predict but what i can tell you is keep holding ,never give up because after the dip for sure growth will follow,even if it takes several years still there will be recovery

The only answer which he already knew is he could only wait, no matter if he needs to wait for a long time, as long as he doesn't sell his coins, he is not really losing because his losses can turn back into profit when the price increase later. I am sure that many of us have this experience and even they lose in bigger money, but they don't sell the coins and only wait for the price increase back.

[itos]

The amount of loss is very large but you still hold assets in coins and just waiting for the market to increase to cover your losses, I suggest if the bitcoin has declined in a few percents then anticipate the losses immediately exchange it to fiat or USDT

[libert19]

You can only learn from your mistakes and not make them again, unfortunately there isn't lot to be done with already lost money.

[gensol]

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?

Next year will be better than last year what you need to do is start again with the little you have work on those mistakes that landed you here be better with your investment choices.

[djuragan]

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?

The market are still unstable at this moment, perhaps you should wait a bit more if you wish to make an infestation.
While waiting it should be better if we keep on getting informed about the cryptocurrency so we could act fast if something happen.

[Tramle091296]

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?

Your only choice is waiting gives more patience in the price you cant do nothing. But if you have enough money to invest on the alternative coins do it. it can give  atleast alittle bit of profit for you to gain again your loss on investment. And also gives you a back up plan if bitcoin stays on low price.

[Amalker]

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?

Yeah, 2k18 was a very hard year for crypto market. Many people lost their major part of portfolio, but now we have experience how to avoid mistakes and which strategy not good any more.

[aokiji06]

in investment we must be careful not only interested in big profits, we must understand it carefully do not be careless, this year many projects failed, so must be patient to wait again do not rush to sell, if your investment in projects that can not be developed again some of you should take it again, but not all, in the future we don't know whether there will be big profits, obviously don't just be interested in big profits

[belcini]

Unfortunately, many of us also faced a similar problem. Due to the massive fall in the crypto market, we have lost a lot of money. But in any case - you need to continue hodl your reliable cryptocurrencies, there is every chance for a gradual restoration of their high positions in the future.

[chipzeru]

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?

It's either you accept your loss by selling them or keep holding until the price hit above your buy rate. 2018's indeed a bad year for crypto and my portfolio also lost more than 100% since then.

[Turkish88]

For me one way to get back moneys, its investing all diversified to the bitcoin again and wait.
All other altcoins even etherium not guaranties nothing.

[Tahdayi]

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 hope you have not sold at such a low level all the tokens, if sold then I can congratulate you on your loss of about 55 thousand , I think with such investments need to be reasonable to approach this , I also think that you need to take the money and learn to trade on short-term transactions

[terible.hunter]

It seems to me that the only opportunity will be a successful bid, because there are real opportunities for this. Today there are real successful people, I think that they can be a motivation.

[qwerty1337]

I think that it remains only to wait for growth, to merge such a sum is stupid, too big losses. I dropped from $ 2,000 to $ 200, but they don’t drain me, I hope for growth

[doycku]

I think that it remains only to wait for growth, to merge such a sum is stupid, too big losses. I dropped from $ 2,000 to $ 200, but they don’t drain me, I hope for growth

It seems to me that this situation can be rectified. Only in one way, it is a long-term storage of its assets and in no case should they be sold. Because if you sell the topic there, which I today have fallen in price, then you will lose the opportunity to receive income from these coins in the future.

[cichaescut]

Sorry for your loss, but I am glad that we have such people on our forum. It is not always easy to get recover from such a lost and to continue working but I am sure it worth it and you will get your money back.

[BigBrother]

I'm very sorry for your loss. Now there is the longest fall of crypto for all years and e recovery can take a very long time. I think you should be patient and wait for crypto to grow up. There's nothing left for you to do. Well, or there is another option to start trading. Then you can increase your capital even with such a red market.

[Dannev]

This is very sad. But please, in what currency is the 60k. I ask because it might not be such a big amount in some currencies. Anyways, loss is loss. Take heart and be more careful this time.