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Author Topic: I lost all my crypto gains this not fair!  (Read 14547 times)
cryptobrzy
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May 22, 2021, 09:31:33 PM
 #41

i believe it is only greed that will make someone lose such gains on their portfolio when compared to their entry prices.
In every other business model, people are used to taking profits, but why is it that greed doesn't allow crypto traders to take profits when their assets are doing well. You should consistently sell off when your holdings make certain price gains, no one has a magic globe to predict the market and if you dont take profits, you'll end up losing your gains

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May 22, 2021, 10:05:09 PM
 #42

I had 3k on pancakeswap and did almost 4x now is return to break even.
I had Ethereum 4.7 now its 2k
I had ada $2 now is 1.5
Also I lost in ogn

I lost a lot of money on crypto more than 8000$

Is it recoverble this year?
Sorry mate, but I can recall there were so many post made here, telling people to take profit of the bull market before a dump will happen and finally it came to pass the crypto market dumped massively beyond our wildest imagination, I think 99% of all crypto traders lost their money when the dump happened, if only you took your profit before the dump happened you wouldn't have lost all that money, the market seems bearish right now, I'm not so sure if you can recover everything this year, except you learn and start trading, although it's not certain you will earn from it because it's very risky you could still lose there.

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May 22, 2021, 10:12:20 PM
 #43

I had 3k on pancakeswap and did almost 4x now is return to break even.
I had Ethereum 4.7 now its 2k
I had ada $2 now is 1.5
Also I lost in ogn

I lost a lot of money on crypto more than 8000$

Is it recoverble this year?
Condolence bro.
If we all want to complain of our loses right now I think you'll be the one to start telling us "its okay, be strong, it's not the end of life".
My has been down for 3 days now his life saving all gone in futures, everything was liquidated he.doesn't even know where to start from.
My wallet is just dry like the dump made many of us start from beginning, even render some poor. But I know it's just time everything will come back to normal soon or later.
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May 22, 2021, 10:22:17 PM
 #44

Your not the only one who have mismanaged the precious gems in these certain decline of market they remain focus on what was done because they believe it will be profitable in the future. Remember it will not lose your investment coin until you sell in a future time patient is the key.
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May 22, 2021, 10:32:51 PM
 #45

I had 3k on pancakeswap and did almost 4x now is return to break even.
I had Ethereum 4.7 now its 2k
I had ada $2 now is 1.5
Also I lost in ogn

I lost a lot of money on crypto more than 8000$

Is it recoverble this year?

You will not lose your money as long as you do not sell it (panic sell), so my advice is that you better hold and wait until the market rises again, because this is a natural thing if the market is undergoing a correction, so this is an opportunity for you to buy more altcoin that you invest, because when there is another bull run (altseason), then of course you will get a bigger profit than before.

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May 22, 2021, 10:46:00 PM
 #46

I had 3k on pancakeswap and did almost 4x now is return to break even.
I had Ethereum 4.7 now its 2k
I had ada $2 now is 1.5
Also I lost in ogn

I lost a lot of money on crypto more than 8000$

Is it recoverble this year?
That’s not fair for you because the market didn’t turn against your will which you should always understand and its called risk. There’s no guarantee that you can get back that money this year but hopefully yes since you’re not the only one who loses the money here. This is a reminder that we should take profit as well, it could be a great idea right before the market dumps, this is a lesson learned for me as well.
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May 22, 2021, 11:54:27 PM
 #47

I lost a lot of money on crypto more than 8000$

I disagree with your statement "this is not fair". It's fair because the cryptocurrency market is volatile and risky, so no one can guarantee you a profit. Every smart investor should choose the right moment and the correct point to enter a trading position. If you bought coins before this bull run, you should have sold your Pancake, Ethereum and Cardano on any cryptocurrency exchange. By the way, I noticed that ADA did not drop as sharply as ETH.

I personally managed to sell some chunk of my altcoins at a high level. Trading is like a game. In any case, some holders/traders will win, others will lose. Figuratively speaking, learn to catch whales by the tail.
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May 22, 2021, 11:59:27 PM
 #48

I had 3k on pancakeswap and did almost 4x now is return to break even.
I had Ethereum 4.7 now its 2k
I had ada $2 now is 1.5
Also I lost in ogn

I lost a lot of money on crypto more than 8000$

Is it recoverble this year?

I mean that is just how the market works here in cryptocurrency, the market is really volatile and you can't complain about it since the market could pump easily.

If you think about it you could also earn that 8000$ in just a short amount of time, so when the market price is dumping that could also happen in a short amount of time.

Just some advice, you could sell some of your investment when the market price is high to make a profit because you cant really expect a cryptocurrency to just pump and pump to the moon which is a misconception for a lot of the newcomers since they don't have the experience to what happened in the past years on how the market circulate.

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May 23, 2021, 01:18:49 AM
 #49

If you sold your crypto then you will lose what you have when you started holding crypto funds. If you did not sell your crypto funds yet then you can still recover the amount you have lose even if you might not earn profit. Situation like that happen when you bought crypto when the price is high and you sold yoir crypto when the price decreased.

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May 23, 2021, 01:22:32 AM
 #50

Unfortunately, every rise has a fall. No industry will rise forever. You probably always bought from the top points. But you have nothing to lose. If we have entered the bear season, it looks like we have made a loss in the short term. But in the long run, that amount you lose is of course very likely to be replenished. The cryptos you enter are always marginal ones. One of the most important issues in crypto money is to analyze well and buy from the right spot. The most important golden rule is patience.
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May 23, 2021, 02:49:05 AM
 #51

recovered in terms of price or due to loss of some assets?
If you lose the opportunity because the price drops, there is still hope for a return to the original or even more, just wait for patience,which will be the winner for those who dare to hold back when the market goes down..

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May 23, 2021, 03:02:58 AM
 #52

I had 3k on pancakeswap and did almost 4x now is return to break even.
I had Ethereum 4.7 now its 2k
I had ada $2 now is 1.5
Also I lost in ogn

I lost a lot of money on crypto more than 8000$

Is it recoverble this year?

You neglect and forgot the very important aspect before you go on cryptos, "invest what you can afford to lose" there's always a risk in trading, that's why I always suggest to look, stop and listen. We need to arm ourself with knowledge before we go through.
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May 23, 2021, 03:12:00 AM
 #53

Yeah we're going down bad and if you're asking whether it's recoverable, maybe this year or maybe next year no one know for sure since most of us don't even know whether we're truly in bearish market or not since the market is just doing sideway while at the same time
we haven't experienced any correction after ATH until just now.
I personally would just hold the asset instead of selling it, by selling it means you  definitely losing your money but by holding it maybe for another years it could go back up but this is not financial advice nor you should ask some stranger for it. just make your decision yourself at this point, it's better.

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May 23, 2021, 03:12:15 AM
 #54

I guess you didn’t sell it while it is high last few weeks but I recommend that you must not sell it right now that the bearish market comes so just hold and wait till the bullish market comes.

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May 23, 2021, 03:15:28 AM
 #55

As long as you don't sell it now, you will not loss, the money that used for investing in crypto should be money that can be withdraw at any time, so when the market goes down we can wait longer for the market get better, so we can have more possibility to get a profit later. Patience and knowledge to analyzing the market are needed to get a profit from crypto. Also, we must have a profit target and do not be greedy when the market in bullish, should take some profit in to fiat. My opinion this market will back to bullish, because the bull market will take longer. We have seen the same situation before, so keep calm and wait patiently.

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May 23, 2021, 03:18:33 AM
 #56

I had 3k on pancakeswap and did almost 4x now is return to break even.
I had Ethereum 4.7 now its 2k
I had ada $2 now is 1.5
Also I lost in ogn

I lost a lot of money on crypto more than 8000$

Is it recoverble this year?

Welcome to Crypto. Anything is possible. If you want your value back you need to trade actively and maybe even aggressively. Or find a good new project  Wink
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May 23, 2021, 05:46:22 AM
 #57

Why is it unfair that you lost your crypto gains? What is "unfair" about it?

You could have sold and now be happy with your profits. You could even reinvest them. But you decided to hold and lose your gains. Doesn't seem to be unfair but your decision only.

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May 23, 2021, 06:13:34 AM
 #58

I had 3k on pancakeswap and did almost 4x now is return to break even.
I had Ethereum 4.7 now its 2k
I had ada $2 now is 1.5
Also I lost in ogn

I lost a lot of money on crypto more than 8000$

Is it recoverble this year?
As long as you will not sell your hodlings it will remain to its value so if I were you, better hodl it for a long term and dont do panic selling. And additional suggestion better add more to your hodling sincr there are dips happening cause once it pumps up again it will definitely a good profit for you.

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May 23, 2021, 06:16:09 AM
 #59

I had 3k on pancakeswap and did almost 4x now is return to break even.
I had Ethereum 4.7 now its 2k
I had ada $2 now is 1.5
Also I lost in ogn

I lost a lot of money on crypto more than 8000$

Is it recoverble this year?

You are not the only one, I can tell you that selling now is not a good decision either, best thing is to be patient, the market will recover slowly when all this chaos has blow out, just relax and don't panic, almost everyone is experiencing same thing.

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Marvelman
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May 23, 2021, 06:23:19 AM
 #60

Or let's hope Elon tweets something very positive about crypto and the markets react to it.

This is a dumb thing to say. The crypto world doesn't revolve around one man's twitter account.
Bitcoin wasn't created by Musk, and it's likely to exist in the future, as it has existed before Musk. Whatever he says doesn't affect its underlying fundamentals.

The power wasting fundamental of bitcoin has been ignored by bitcoiners since 2013,
you should be blaming bitcoiners for refusing to evolve, not Musk for pointing out bitcoin major flaw.



Where did you get that idea? I didn't blame Musk for anything.
"The power wasting fundamental", as you say, is just Musk's way of achieving his goal, whatever that may be. He could also use the erroneous argument that bitcoin is used by criminals and terrorists.

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