Questat
|
|
May 28, 2021, 03:30:38 PM |
|
You did not lose, it's normal price fluctuate and all you have to do is just to relax, hold, and don't panic.
The time has come that the market is not bullish anymore, you should understand it, it's not new, we always see this kind of scenario even in the past, but what matters is to be patient and always trust the coin that you hold that will bounce back and will achieve a new all-time high again.
If you don't want to lose those possible profits better not to do anything with your current assets, the market will gain back the momentum, though it's not easy to predict when but the chances is That's why patience is very important, with patience you will not panic. OP says the word "not fair", it seems like he doesn't understand how crypto works, you came here to make a profit but you are not guaranteed a profit. The reality is, there are people who make money, there are also people who lose money. always there just like what we witness way back, history keep repeating itself. And we just have to do the same effective strategy, which is to hold.
|
|
|
|
DeathAngel
Legendary
Offline
Activity: 3164
Merit: 1602
#1 VIP Crypto Casino
|
|
May 28, 2021, 03:38:08 PM |
|
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 haven’t lost anything apart from unrealised fiat gains. Just have patience & HODL, you recover those unrealised losses. The market will recover, I am certain.
|
|
|
|
gabbie2010
|
|
May 28, 2021, 03:54:37 PM |
|
As long as you are holding quality coin you have not lost anything. If you do not sell, I can confidently tell you that you will recover your loss and much more. I have held coin for more than four years and I have reap bountifully from my hold in the past. Just focus on life and forget about your loss!
Yes, some of the mistakes that investors make are panic when there is a decline, and think they have lost, then sell when the value drops, even though if they can be a little patient and keep monitoring the market circulation, what more coins they hold are quality coins, this will not be too big of a problem, because the fluctuation of the value of a coin is a natural thing. In fact it is the panic sell that causes more havoc to the price instead of hodling their coins a lot of newbies because of fear sell off their coins invariably drop the price furthermore, the OP has to be patient and keep on hodling imagine someone holding a coin for 4 complete years and at the end made a lot of profits, I expect the OP to toil the path of such a member meanwhile many investors like OP is hodl their coins there wouldn't too much dump even the wake of Elon Musk tweets.
|
|
|
|
el kaka22
Legendary
Offline
Activity: 3584
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
|
|
May 28, 2021, 04:08:08 PM |
|
I agree that people are very upset seeing their money go down, I am upset as well to see my money going down but I am holding strong, I am not going to let these whales drop the price and convince me to sell to them and then they will profit even more when it goes up and I would be wishing I never sold. That's always the case, the whales drop the price but selling 100 million at a time, then they accumulate by buying 5 million at a time, so when they drop it they just drop it quickly but when they are buying they try to keep the price low, that way they will profit a ton whenever we all work together to make it go up while none of us profit as much as they do.
This is once again one of those times, the whales are causing it to drop by selling bunch of them and there is a good amount of reason why we should not let them take over and convince us to sell ours.
|
|
|
|
richcorner100
Full Member
Offline
Activity: 616
Merit: 100
https://exip.live/
|
|
May 29, 2021, 11:48:18 AM |
|
You bought it in high price , and did not use stop loss and trailling stop. Since crypto created, the price is always in high fluctuacion. From history in bull market in the pass, that told us after the price rally multiple times, the price also will have potential to dump hard. So use stop loss to avoid mistake of FOMO. The solution for now is keep holding and wait for the price recover .
|
|
|
|
aditasetia123
Member
Offline
Activity: 464
Merit: 10
|
|
May 29, 2021, 02:51:47 PM |
|
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?
dont you make money management in your trade? that's huge amount for us , meanwhile at this moment we still face unclear market direction. some people said its will bounce hard and another people said its bearish trend. if your goal was investment for long term , believe it will recover soon. price will not rise or drop forever.
|
|
|
|
Zilon
|
|
May 29, 2021, 03:13:32 PM |
|
You can't say you lost money on cryto the fact we are experiencing a dip in cryto market doesn't mean you actually lost anything rather it's a perfect time to accumulate more coin so that once there is a bounce back you make extra profit for the new price you bought and the current price each coin would worth during that period.
|
|
|
|
fortune1002
Member
Offline
Activity: 238
Merit: 10
|
|
May 29, 2021, 04:56:27 PM |
|
Only you have not lost your profits all who are holding coins for long term have get loss. You should hold your coins for at least year for getting your good profit if you are holding good coins.
|
|
|
|
fahmimajannat
Jr. Member
Offline
Activity: 420
Merit: 1
|
|
May 29, 2021, 05:25:11 PM |
|
Wait don’t sell in panic. Its just a correction or market manipulation so becal and hodl If you can hodl for a decent time then it will be profitable for sure.
|
◆▬▬▬◆Adonx.one◆▬▬▬◆ ◆▬▬◆▬▬◆A New Exchange Era◆▬▬◆▬▬◆ ◆▬▬▬◆▬▬▬◆BUY NOW!◆▬▬▬◆▬▬▬◆
|
|
|
Moeda
Sr. Member
Offline
Activity: 1586
Merit: 271
Enterapp Pre-Sale Live
|
|
May 29, 2021, 08:44:01 PM |
|
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?
Almost everyone experiences this. Because we rarely get accurate information about pumps or dumps. We're stuck on the moon. There is no other solution except holding for the long term, or by trading short term to recover the balance slowly.
|
| | │ | ██████████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████████ | CRYPTO WEB3 NEOBANK | ██████████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████████ | │ | | | | | |
|
|
|
Dread Pirate Roberts
|
|
May 29, 2021, 09:01:03 PM |
|
Thats a lot of money. If you tought you had choosen the great coin for long time basically you didnt lose your asset . you asset just had lower value than before . and also holding for a long time will quite frustating especially you choosen the shit coin.
|
|
|
|
cute nmp
Jr. Member
Online
Activity: 1722
Merit: 3
|
|
May 29, 2021, 09:04:29 PM |
|
I had this type of experience some few years back during the last bear market lost almost all my money the best part of it was holding my coins and not selling them that time.During the recent bull run i made alot from the market some of my coins did more than fifty-percent gain.The best advice is to hold at this time and be patient before the market Don't panic and sell your altcoins.
|
▀███▄ enterapp.io | CRYPTO WEB3 NEOBANK ▄███▀ ▀█▄ ▀█▄ PRE-SALE IS LIVE ▄█▀ ▄█▀
|
|
|
Flowzer
|
|
May 29, 2021, 09:35:58 PM |
|
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?
Market never fair to anyone, if its a fair then how people can gain any profit on it. Someone need to be loss so the other win, just trust on any strategy you take, it will take you to some win in the future.
|
|
|
|
Koutami
Member
Offline
Activity: 155
Merit: 13
|
|
May 29, 2021, 11:54:57 PM |
|
[quote author = Dread Pirate Roberts link = topic = 5339233.msg57116687 # msg57116687 date = 1622322063] Thats a lot of money. If you thought you had choosen the great coin for long time basically you didnt lose your asset . you asset just had lower value than before. and also holding for a long time will be quite frustating especially you choosen the shit coin. [/ quote]
What you mean by shitcoin? he invest on good coin, its Pancake, ETH, OGN, ADA, all of them not are shit. Are you joke or just throwing statement without reading his investment list?
|
|
|
|
galestorm
Sr. Member
Offline
Activity: 448
Merit: 251
Futurov
|
|
May 30, 2021, 01:28:53 AM |
|
That's why people always say that involving yourself in crypto, one should be knowledgeable of the risks that comes along with it. Cryptocurrency is unstable and it does fluctuate ever so often. One moment ETH is at 3000 dollars, after several days it drops down to 2500 dollars. It is perfectly normal and recoverable, you just have to be patient. One technique is to buy during the dip and hold until the price peaks. Some people panic sell their crypto when they see that the price keeps decreasing, dont do that. Not only will you lose so much of what you invest, you'll also influence the market.
|
|
|
|
john1010
|
|
May 30, 2021, 03:11:34 AM |
|
Before you enter to this kind of business, you need to learn the the very basic thing,.. " Invest what you can afford to lose" Cryptocurrency is high in volatility it means there's a risk investing in crypto, but with a basic knowledge you can learn how to reduce the risk and we called it knowledge.
|
|
|
|
South Park
|
|
May 31, 2021, 10:40:26 PM |
|
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. However we must not forget that the opposite is true as well, the OP thought he had all of those profits and now he is finding out that until you sell then you do not have those profits yet and are only a potential, now if he was holding bitcoin then I would say to him to keep holding but since he is holding altcoins and I have never been a fan of holding altcoins for the long term I think it is a better idea to sell and wait to see if the bottom is really in to buy again or just get some bitcoin.
|
|
|
|
lalabotax
Full Member
Offline
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
|
|
May 31, 2021, 11:46:58 PM |
|
Did before entering the world of Crypto you already knew if the crypto is actually very risky? If you have, you should be ready with all the risks. And this, not only you are. Everyone experienced it, our assets also dropped dramatically because of the downtrend that occurred a few days ago. And this still has not ended the exhaustion market still shows high volatility and has not shown signs of a significant increase. Be patient and stop complaining. At least, maybe the market will be good back in Q4.
|
|
|
|
LordMiguel
Member
Offline
Activity: 175
Merit: 10
ITSMYNE
|
|
June 01, 2021, 12:22:23 AM |
|
you lost nothing, all you need to do is be patient. your loss will counted as loss if you sold out during the bear market. if you are still holding your tokens, rest assured that the market will bounce back stronger and better. you will see your token flying high than you expected. it is just a matter of when and how. do not border much on what happen. you should go for more token if you have more funds.
|
|
|
|
Rebdoomer
Jr. Member
Offline
Activity: 100
Merit: 2
Buy Bitcoin
|
|
June 01, 2021, 01:39:06 AM |
|
As long as you don't sell, you will never lose. It's a bear market (after May), you shouldn't be buying anything in the first place. Only buy during the bull market (before May or the next bull run).
|
|
|
|
|