Cappex
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Activity: 571
Merit: 11
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May 25, 2021, 09:12:46 PM |
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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?
one rule for investing in this sector are definitely doing it with money that you can afford to lose and a piece of advice is not to sell at a loss, especially the excellent projects you have purchased.
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Coroline
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May 25, 2021, 10:47:49 PM |
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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?
Every situation where high return must be high risk, want to invest in stocks or crypto. People too follow their passions when there is a coin that is hype and then buy it when the price is high, expectation of ATH but what happens is the price goes down, for that you need to be patient and make the right decision to hold or cut loss.
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nurilham
Sr. Member
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Activity: 1428
Merit: 436
duelbits.com
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May 25, 2021, 10:49:57 PM |
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Are you a newcomer? It seems you still don't understand how the investment in crypto. As long as you didn't sell all your crypto coins, you didn't lose your money. Sure, there will be a recovery in all crypto prices, whether in the near future or for a long time. At least, you still have a chance to gain profits in the next bullish season if there will be no big increase again this year. What you need is to wait for the time and be patient.
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dimox
Legendary
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Activity: 1610
Merit: 1003
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May 25, 2021, 11:44:40 PM |
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you cant blame crypto when the price drop more and more. the fault made when people cant make decision to let coin go, keep in coin until you die never make a good profit. and yeah, someday the price will recover and be better than before, unfortunate if people cant take big value by use the advantage of it.
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Taufik blackspade team
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May 26, 2021, 03:21:41 AM |
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It seems that you are overreacting to current market conditions, and you are too low on expectations for huge profits, you better calm down and be patient to wait for market conditions to improve, the crypto market will definitely improve, don't sell your assets when market conditions are unfavorable , it just became an inaccurate act due to excessive panic.
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Xinarae*
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May 26, 2021, 03:47:41 AM |
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It seems that you are overreacting to current market conditions, and you are too low on expectations for huge profits, you better calm down and be patient to wait for market conditions to improve, the crypto market will definitely improve, don't sell your assets when market conditions are unfavorable , it just became an inaccurate act due to excessive panic.
Yes, the crypto market is not stable so if the market goes down there is nothing to be disappointed about. The market will go up again it is better to sell if you make a profit from your own capital if you want to make more profit, you have to lose everything. Its price is rising in the form of harmony and a good time to hold on without selling the market will rise again.
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ancafe
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May 26, 2021, 03:54:30 AM |
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you cant blame crypto when the price drop more and more. the fault made when people cant make decision to let coin go, keep in coin until you die never make a good profit. and yeah, someday the price will recover and be better than before, unfortunate if people cant take big value by use the advantage of it.
and it is felt by everyone who holds crypto. however, try to make decisions when you have the most to gain. Well, I also regret about my diminishing assets, but that has become a risk in holding crypto for a long period of time. now, sell all your assets, or wait for the price to recover.
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inanilujimi
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May 26, 2021, 04:01:05 AM |
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anything can happen to the crypto market, why should you be greedy and make you regret the decision on the altcoin ownership you have held. losing value from investing in crypto has become our risk in this market, don't be too ambitious to get maximum profit because everyone has their own limits.
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bitzizzix
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May 26, 2021, 05:11:33 AM |
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Losing profits in the keripto industry is a common thing and even losing capital, it all depends on the user how to take advantage of the best moment when there is an opportunity even though the market situation is experiencing a downturn. mistakes and disappointments usually occur when the price of your coin goes up and you've made a big profit and didn't sell it, all because of the feeling the price will continue to go up, and the opposite happens and this will be a lesson because everyone experiences it. what has happened is possible and the fault is with you, not crypto and the best option is that you just HODL and take advantage of the downturn by making potentially profitable coin purchases or growing the coins you already own and hold. that way you can minimize losses and wait patiently for your coins to increase again.
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criket
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May 26, 2021, 05:20:11 AM |
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looks like the behavior of new investors who are not familiar with the crypto market. she should have allowed the money she had to buy her necessities of life. why is he using the money he has in the crypto market. must have been incited by someone introducing him to crypto. without experience and knowledge, there will definitely be regrets and screaming that crypto is a scam.
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imstillthebest
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May 26, 2021, 05:28:22 AM |
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why wont you include the value of ogn . are you scared because you lost too much in this coin ? thats because this coin is not even in the top positions but i dont have a complain on ada and eth . you did nothing wrong investing on this two but its only a normal crash that happen . you can hold still because the value of this two coins are guaranteed to recover but i am not sure with ogn because that coin seem to be new .
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deathcode
Copper Member
Sr. Member
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Activity: 1428
Merit: 253
Eloncoin.org - Mars, here we come!
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May 26, 2021, 06:01:36 AM |
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why wont you include the value of ogn . are you scared because you lost too much in this coin ? thats because this coin is not even in the top positions but i dont have a complain on ada and eth . you did nothing wrong investing on this two but its only a normal crash that happen . you can hold still because the value of this two coins are guaranteed to recover but i am not sure with ogn because that coin seem to be new .
OGN isn't bad either. there is still a possibility that they will reverse the losses that the OP experienced. but for ADA and ETH, there will be no doubt to hold on to it. old crypto investors certainly know how the two assets are very promising for us to hold even in decline.
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gurunanakji777
Full Member
Offline
Activity: 2086
Merit: 100
Chainjoes.com
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May 26, 2021, 06:35:07 AM |
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No, you did not lose unless you sell it in the loss. You keep your coins with you and I hope they will recover in the coming months as the market is still bullish in my opinion. I would say keep patience and do not get panic market will bounce back in the coming months, on the other hand, it is not advisable to keep all the coins for the long-term sometimes you have to take the decision to sell when the chart says overbought and you can buyback when dips. Change your strategy according to the market conditions because holding is always not profitable.
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lienfaye
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May 26, 2021, 06:36:29 AM |
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OGN isn't bad either. there is still a possibility that they will reverse the losses that the OP experienced. but for ADA and ETH, there will be no doubt to hold on to it. old crypto investors certainly know how the two assets are very promising for us to hold even in decline.
There's a chance to recover if he will hold and not sell during this bearish trend. Only the value itself is decreasing but not the number of his assets so there's no need to worry. The coins he hold is not bad as well, what he need is lots of patience in order to overcome the fud and temptation to sell. We just cant say how long this bloody market last but what im certain is, it is only temporary.
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chanler
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Activity: 753
Merit: 15
mulierum.com
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May 26, 2021, 09:11:13 AM |
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before that i was sad to hear it and i know how you feel. It is true that the crypto market fluctuates and sometimes falls far below the market price. it made a lot of people panic and rush to sell their coins even at a sloping price, which made the crypto market plummet even further. we can learn that when the market is down it is better to hold on to it for a while because it is safer. but with this incident could be an experience in the future. stay optimistic and be patient
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Jackl87
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May 26, 2021, 09:23:12 AM |
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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?
It's the same for me and probably for a lot of people in here so complaining and whining won't help much. My losses are even higher because i mainly own small and new projects which always dump the hardest during a bear market some of my coins are like 80% down. But it is what it is. You own a bigger projects and as you say yourself you are still at break-even so you did not make any loss. Now that ETH is back at 2.8k i am pretty sure that you are already in the profit zone again. So yes of course it is annoying to see that our 8k profit are going down to almost zero but that's crypto for you. I think that the market cap of all cryptos at the end of this year will be higher than it is now.
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rajakulam
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May 26, 2021, 11:20:42 AM |
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I lost a lot of money on crypto more than 8000$
Is it recoverble this year?
Currently the cryptocurrency market is slowly starting to improve and is likely to set new records this year, you just need to be patient and not panic when you see market conditions drop dramatically like a few days ago, because the adage says "everything that goes up will come down, and every one that goes down also will definitely go up "we just need to wait for that to happen
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South Park
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May 26, 2021, 10:16:29 PM |
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Some people in crypto said that you not lose if not sell your coins yet. I think it is a good sentences, because as long we believe about our coins, and we hold. There is a chance our coins can bounced and increased and give us profit. That is why i prefer on spot trading instead of future, because we can hold as long as we want.
True but you must remember that except for bitcoin holding any altcoin is extremely dangerous, we know that many altcoins have the tendency to go down in value and never recover or if they do they never do it at the levels they previously reached, a perfect example of this is ripple that even during this bull run did not reached even half of its previous all time high, so if someone has been holding altcoins it is time to reconsider and move their wealth to bitcoin before they lose even more money.
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wheelz1200
Legendary
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Activity: 3612
Merit: 1406
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May 26, 2021, 11:47:41 PM |
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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?
Lol welcome to crypto, easy come easy go. If you don't book profits at some time then you are bound to lose it all. It happens every bull and into a bear, paper profits don't mean anything until you book them. Learn from this and next time book some after you've done 3-4x.
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harapan
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May 26, 2021, 11:54:42 PM |
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No, you did not lose unless you sell it in the loss. You keep your coins with you and I hope they will recover in the coming months as the market is still bullish in my opinion. I would say keep patience and do not get panic market will bounce back in the coming months, on the other hand, it is not advisable to keep all the coins for the long-term sometimes you have to take the decision to sell when the chart says overbought and you can buyback when dips. Change your strategy according to the market conditions because holding is always not profitable.
Yes, it's true. He hasn't lost any penny yet until he decides to sell the coins that he's holding. The bull market cycle hasn't ended yet so he still has a very good chance at recovering everything in dollars that he has lost so far. Its just that he might not be patient enough or willing to hold for an extended period of time if it takes longer for the coins in his portfolio to recover back to last heights. In hindsight, you have not lost if you decide to hold and not sell. Maybe best time to use diamond hands.
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