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Author Topic: All hope is lost??  (Read 4590 times)
Utoy101
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July 12, 2020, 10:27:07 AM
 #261

I used to have 14 ethereum but I got caught in the web of FOMO and I lost over 10 ethereum because the project I invested the ethereum on have dropped marginally, is this the end of the road for me? Or I still have hope? How can I recover?

This is really a sad predicament and you really got caught up in the web of FOMO indeed, there's has been a general warning to investments in cryptocurrency that's goes "don't put all eggs in one basket" or rather invest with "funds you can afford to lose". The deed is done and unfortunately you didn't mention the name of the project so it would be very difficult to advise whether you should cut your loses and move on or stay in the trade if the project has potential but either way my advise goes thus; conduct a bery through research about the project and check if they have potentials to bounce back later or you cut you loses
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July 12, 2020, 10:36:04 AM
 #262

I used to have 14 ethereum but I got caught in the web of FOMO and I lost over 10 ethereum because the project I invested the ethereum on have dropped marginally, is this the end of the road for me? Or I still have hope? How can I recover?

By trading, you might be able to recover some of your's ethereum. But first thing first and you need to be well informed and educated before starting crypto trading. Also, you must have patience to make right decisions. Try to do event trading which means trade only on those coins which are going to have some major events and for this thing, you can follow CoinMarketCal to track upcoming events of cryptocurrencies.

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July 12, 2020, 10:59:21 AM
 #263

I used to have 14 ethereum but I got caught in the web of FOMO and I lost over 10 ethereum because the project I invested the ethereum on have dropped marginally, is this the end of the road for me? Or I still have hope? How can I recover?

I don’t know what kind of Ethereum-based project have you invested mate, but you have to be careful from now and start managing your risks very well. I know how it feels to lose that amount of Ethereum due to the circumstances of that project you’ve invested. It feels like your heart is drowning. I’ve been in the same situation as you before when I didn’t have the time to do research and common sense in investing to those unpromising projects, which ended up losing a lot of money and regretted my decision too.

On a brighter note, it gives us the opportunity to learn about these opportunities that we should not participate next time. Instead of thinking on how to recover, you have to act instead. But how? Look for more online income opportunities whether if it’s costs you nothing or a few bucks. Diversify your income streams.

Been there man. It’s hard for me to recover myself when I lose a lot of money on phishing scams, investing in wrong opportunities, etc., like it feels that everything was taken away from me after I am working hard on it. These circumstances gives us the opportunity to learn and move forward, and make better decisions this time. It took me a few years to finally get it back, as I keep going no matter how slow it is.

Just take it one step at a time man, you can recover.

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July 12, 2020, 11:13:34 AM
 #264

if you've been stuck there, then you can only wait. because if you withdraw your investment, then you will actually lose a lot. but if you really want to attract and invest in other platforms and hope there is a big increase so that it can cover the previous losses, that's better. but in the current market situation, we know it is quite difficult or at least takes time.
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July 12, 2020, 02:04:48 PM
 #265

Almost 50% of my portfolio is Ethereum, the other 50% are different altcoins and tokens, as well as bitcoin. I believe that it was wrong to use almost the majority of my most valuable cryptocurrency asset to invest in new and apparently dubious projects. I believe that an investor should not be guided by a thirst for profit, which is excited at the sight of a proposal of a new project to buy tokens with a 50 percent or 90% discount. Such options are more likely to be trickery and manipulation.
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July 12, 2020, 02:42:38 PM
 #266

It means that you are provoked by evil people so that you are tempted to exchange your ethereum, don't easily believe other people's news or invitations,At least do some research before making a decision to make this experience a lesson, you will definitely rise up and be more careful

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July 12, 2020, 03:11:49 PM
 #267

The incident is very sad. It's a very difficult task to overcome such a big loss. Also, you have to understand that it's very risky to invest in crypto without proper knowledge. You can't invest all of your savings in crypto. It is intelligent to invest only in that amount which you can afford to lose. Hopefully, you will overcome this loss in the days ahead.
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July 12, 2020, 03:15:47 PM
 #268

The incident is very sad. It's a very difficult task to overcome such a big loss. Also, you have to understand that it's very risky to invest in crypto without proper knowledge. You can't invest all of your savings in crypto. It is intelligent to invest only in that amount which you can afford to lose. Hopefully, you will overcome this loss in the days ahead.
The only possible thing for him to recover his amount through invest it into the another potential project. He was loosing almost 90% from his amount if he was not cutting loss his investment into the ESH.
The only choice to participate into the IEO to recover it instantly

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July 12, 2020, 03:31:13 PM
 #269

no hope is lost, there is hope in the future you do not give up, keep HOLD, and wait for the time to sell,
I'm sure the price of crypto currencies will be to the moon again

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July 12, 2020, 04:32:37 PM
 #270

I will advice you follow the project up and see if they still have future or plans for the project. It may fall today doesn't me it will be same forever. If it's a project from good team you will recover you loss by waiting but if they don't have any information or plans for the team please you kindly sell off the remaining and use it to buy an old coin then leave it for some while you may gain something back. Sorry for the loss. It's part of investment (ups and dowbs?).
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July 13, 2020, 06:56:54 AM
 #271

Do not give up your hope when you lose, it is an experience for you. In the future, avoid projects like this and should only invest in the best altcoins in this market. I also lost a lot in this market and until now I am still here and working with it

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July 13, 2020, 09:32:16 AM
 #272

I think it is the time to move on, I know the feeling to lose huge money because of the FOMO and it is really frustrating. I feel you but it cannot changed the reality after all, embrace the loss that you incurred. I know it is not easy but acceptance is the key for you to learn a lot of knowledge from it. It is just a mistake and it not defines who you are, you can still regain your losses but the first thing that you should do is to move on and accept it as a lesson.
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July 13, 2020, 09:42:27 AM
 #273

Sorry for your loss, I understand how this feels, but next time you need to do some research on projects before investing,even though so might go wrong, so the best bet is never to invest all your fund in one project no matter how promising it seem. Now it's time to move on.

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July 13, 2020, 10:59:22 AM
 #274

I used to have 14 ethereum but I got caught in the web of FOMO and I lost over 10 ethereum because the project I invested the ethereum on have dropped marginally, is this the end of the road for me? Or I still have hope? How can I recover?

before doing something you need to study and research first. You are too brave to risk everything in something that you do not understand too deep for now I just want to give advice for you to learn in market trading and hopefully treat your hurt
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July 13, 2020, 11:05:41 AM
 #275

As we know that not all Crypto projects will end legit, there will definitely be a number of persons who try to take advantage of this trend by building a project to be able to reap funds from investors. I have experienced the same thing several times, and at that time I was very frustrated. But what can I do if this has happened, I can only let it go and take lessons so that it doesn't happen again in the future.
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July 13, 2020, 02:59:59 PM
 #276

It's normal in this market, I believe everyone here has ever lost money investing, so don't give up. Continue to invest and conduct careful research, but also avoid Fomo projects. It never had a good result

You're thinking right! Absolutely everyone in this market was losing their money (often a lot of money! Wink).... Losses should be treated more easily! Today you lost your money - tomorrow you could earn it back!

Well, IEO/ICO have long outlived themselves! So I would not recommend anyone to invest in them!

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July 13, 2020, 03:43:24 PM
 #277

Do not give up your hope when you lose, it is an experience for you. In the future, avoid projects like this and should only invest in the best altcoins in this market. I also lost a lot in this market and until now I am still here and working with it
You are definitely right, there is not needed to give up, we should keep doing and learn from our mistakes. Yes, it is bad experience, but we can learn from it that, before investing in any project we must make our own research and realize that if this project is worth investing in or not. As you above mentioned cause for these reasons l prefer investing in top altcoins instead of any projects.

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....OVER $2,000,000!....
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bangdol
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July 13, 2020, 03:49:42 PM
 #278

It's normal in this market, I believe everyone here has ever lost money investing, so don't give up. Continue to invest and conduct careful research, but also avoid Fomo projects. It never had a good result

You're thinking right! Absolutely everyone in this market was losing their money (often a lot of money! Wink).... Losses should be treated more easily! Today you lost your money - tomorrow you could earn it back!

Well, IEO/ICO have long outlived themselves! So I would not recommend anyone to invest in them!
You are right, it would be better to invest in the current top market assets. their market movements look good now. who want to invest their money in something uncertain. at least the market provides certainty and market value that we can monitor. we can control all our money.
Yatsan
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July 13, 2020, 06:06:24 PM
 #279

I used to have 14 ethereum but I got caught in the web of FOMO and I lost over 10 ethereum because the project I invested the ethereum on have dropped marginally, is this the end of the road for me? Or I still have hope? How can I recover?

It was really an awful experience to lost more than half of your Ethereum and it will surely feel bad on your part for experiencing that. But it will never be the end for you as long as you are still willing to work on earning Ethereum or any other cryptocurrencies you do want. It will take time but still it will be worth it. Experiencing lost is a part of every crypto users journey because admit it or not, we all do have experience like that because there is no such perfect trade or investment specially when you were just starting. It will be some sort of trial and errors and with that experience you would grow up as an individual and could be better since you have gone through that experience so you will already know what to do once you have come up into the same situation again.

It will never be an end for you as long as you will not give up pursuing your goal with crypto. Also, always remember to invest only amounts you can afford to loose. Imagine 10 Ethereum have been lost in just one investment you have done. If you are not sure of anything, just give it a try first with small amount so that whatever happens, it would be fine because what you have spent is just a small portion of your total earnings.

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Savemore
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July 14, 2020, 02:05:33 AM
 #280

I used to have 14 ethereum but I got caught in the web of FOMO and I lost over 10 ethereum because the project I invested the ethereum on have dropped marginally, is this the end of the road for me? Or I still have hope? How can I recover?

It was really an awful experience to lost more than half of your Ethereum and it will surely feel bad on your part for experiencing that. But it will never be the end for you as long as you are still willing to work on earning Ethereum or any other cryptocurrencies you do want. It will take time but still it will be worth it. Experiencing lost is a part of every crypto users journey because admit it or not, we all do have experience like that because there is no such perfect trade or investment specially when you were just starting. It will be some sort of trial and errors and with that experience you would grow up as an individual and could be better since you have gone through that experience so you will already know what to do once you have come up into the same situation again.

It will never be an end for you as long as you will not give up pursuing your goal with crypto. Also, always remember to invest only amounts you can afford to loose. Imagine 10 Ethereum have been lost in just one investment you have done. If you are not sure of anything, just give it a try first with small amount so that whatever happens, it would be fine because what you have spent is just a small portion of your total earnings.
There is always a way in order to recover it so we should not give up easily. Most of us have regretful decision for sure but it doesn't mean that we are failures because it is only part of our journey. If we cannot move on to this, how we can face the present time and how we can create our future? By accepting what you have done is really important process for you to learn a lot of things.
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