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Author Topic: I lost all my crypto gains this not fair!  (Read 14547 times)
dhemasm
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June 09, 2021, 05:38:18 AM
 #221

when you want to start in the cryptocurrency field then you have considered the losses that might attack you so don't let you not think about it because the trading risk is very high, all possibilities can happen at any time, no one knows.
Yeap, Crypto was more volatile rather than traditional stocks or forex, It's much better to use extra money since anything can happens on the market. For OP for now maybe you can HODL since the market was stagnant or if you just afraid it going to another dump then Cut-loss, For the next time just make sure to invest what you can afford and trading is risky, just get ready for consequences, Good luck!
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June 13, 2021, 02:44:51 PM
 #222

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?
Hodl is the key because the value of the altcoins that you hodl depreciate however the amount of your hodling is still the same. As long as you did not sell off your hodling the amount will still the same and the value will definitely goes up once again just need to wait and have patience.
I will have to disagree with you here, holding will be the key if we were talking about bitcoin, but this is not the case since we are talking about altcoins, now ethereum and ada could recover but I am not so sure about the other two coins, I know it is difficult to accept but this is simply the way things are when it comes to altcoins since you need to always be ready to sell them in the case something goes wrong as it was the case when we saw such a correction.

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June 13, 2021, 03:09:27 PM
 #223

Losing is part of Cryptocurrency trading,  you can not avoid it!  The important things you need to know is how to read the trend and decide support and resistance level,  that will help you to know when to stay in a trade or get out of it!  The Cryptocurrency market was at the all time high and experienced traders would have gotten out of their position to re-enter later!  At least you now have an experience you can rely on in the future!

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June 13, 2021, 03:12:27 PM
 #224

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 now is still in red, about recovery, I think it will but we don't know if when. So, I think much better to do now is just wait a little time for the market to recover before you sell your tokens. This time that you are still holding your coin, you need more patience. Panic selling because of current market situation won't help you recover your losses.

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June 13, 2021, 03:52:38 PM
 #225

First thing first, before you begin to invest in crypto, you should prepare yourself for the risk, cryptocurrency is a risk, that's why you need to empower and add knowledge to your portfolio, and also this is the most important, Only invest what you can afford to lose.
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June 13, 2021, 04:02:49 PM
 #226

First thing first, before you begin to invest in crypto, you should prepare yourself for the risk, cryptocurrency is a risk, that's why you need to empower and add knowledge to your portfolio, and also this is the most important, Only invest what you can afford to lose.

Before investing in anything you should know well about that thing not just cryptocurrency. If you can't research properly, you will lose out on any kind of investment. Since the crypto market is more volatile than anything else, you need to educate yourself enough about the crypto market before investing in this market.

There are many traders who are doing well in the crypto market because they have a good idea about proper money management and market trends. Those who come to the crypto market with no idea about the market, their journey ends very quickly.

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June 13, 2021, 04:36:19 PM
 #227

Actually it really hard to predict the future of market,But past history can help to know the trends of market.Crypto could be a exceedingly unsafe resource and you ought to as it were have cash in it simply can bear to lose. Until you offer your crypto and change over it into cash or a much lower hazard resource, at that point you your picks up are all nonexistent, as you've seen they can vanish fair as effectively as they showed up. On the off chance that you cannot handle the stretch of wide variances or decide an valuation freely at that point crypto coins are the final put you ought to put any cash.If you faced losses then HODL and take to long run.Learn from mistake and dont put all money at one coin.

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June 13, 2021, 05:16:42 PM
 #228

Trade at your own risk. That is one of the fundamentals which everyone should know when invest in cryptocurrencies. Due to the high volatility, you may get gains as well as losses at anytime. Once you pass the break even point, if you want to hodl further, best thing to do is applying stop losses. Otherwise, if a huge dip comes while you are sleeping, you will end up in a bad position overnight.

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June 15, 2021, 03:51:56 AM
 #229

You didn't lose anything but the possible profits you have made if you sold it out when the price was still okay, however, it is your fault because you were aiming at much higher than didn't reach by the market this month, so probably you should hold your cryptocurrency and wait if it going to have a comeback this month or next month. Don't do panic selling, chill your ass in your room and always be updated on what's going on with the coins you have.
It's a reality dear every Small traders loss their capital. i have faced the same situation I think the market is up day by day if wait 6 months I you can recover your losses so waiting for good condition.
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June 15, 2021, 11:04:03 AM
 #230

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?

In this market you will only lose when you sell but only applicable to coins like Bitcoin, Etherium and some other top once. There is high possibility that you will recover before the end of the year if only you continue to hold and not sell at lost.

You can win it back if you have the courage and patience to keep all your assets inside your wallet and let this market to cycle back
from bear to bull.

Remember that as long as you are keeping everything intact the chance of earning is high, it's the first thing to learn from this business,
knowing your capabilities and set your targets.

Good luck to you, decide when you already have solid basis from each market movements.

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June 15, 2021, 11:41:34 AM
 #231

It's a reality dear every Small traders loss their capital. i have faced the same situation I think the market is up day by day if wait 6 months I you can recover your losses so waiting for good condition.
To avoid losses if you ever buy at a high price is to wait for the price of the coin to rise again, that's why many people always advise choosing the best coin among many good coins, and this advice can also be used by those who trade with very small funds.

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June 15, 2021, 12:57:33 PM
 #232

Don't get too caught up in regrets that will only make you feel guilty about yourself. Losses have occurred but that doesn't mean you don't have another chance to get up and get your money back. make a lesson from the mistakes that have been made, cheers!
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June 15, 2021, 01:24:14 PM
 #233

Don't get too caught up in regrets that will only make you feel guilty about yourself. Losses have occurred but that doesn't mean you don't have another chance to get up and get your money back. make a lesson from the mistakes that have been made, cheers!
The motivation you give is extraordinary, but are you giving this motivation only for the OP? or for everyone, because most people new to crypto will always lose their spirits when he or she suffers losses due to market conditions.
This is a mistake that many new investors make.
they joined when crypto was being talked about a lot because the market was good. without knowing the history of the market and the assets they buy.
those of us who see new people say losing their money in crypto is a common thing. because there are not many people who want to learn but they want profits very quickly.

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June 15, 2021, 02:03:37 PM
 #234

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?
Sometimes making a wrong decision really matters most in crypto. If you continue holding believe me you will not loss, that is why we need to minimize our investment we need to invest an amount that we can aford to loss and we also need patience because holding for a long term is not easy. Specially when you running out of funds for daily needs, so next time be wise for good.

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June 15, 2021, 02:12:48 PM
 #235

Losing is part of Cryptocurrency trading,  you can not avoid it!  The important things you need to know is how to read the trend and decide support and resistance level,  that will help you to know when to stay in a trade or get out of it!  The Cryptocurrency market was at the all time high and experienced traders would have gotten out of their position to re-enter later!  At least you now have an experience you can rely on in the future!

Definitely you really cannot avoid those situations where you have invested in certain amounts of cryptocurrency but as the price gets lower the value gets lower as well. If you are patient enough you will realize that this is perfectly normal behavior. The coins that you purchased stayed at the same amount. A bitcoin is a bitcoin, 10 million shitcoins will remain 10 million shitcoins, and if the price you want needs a long time to reach then you wait for that long time.

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huu78
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June 15, 2021, 02:34:44 PM
 #236

why you say it not fair, when the market is green and up you don't sell it and let your coin stay there and hope that the market will continue to rise, but after it goes down you regret it and say it's unfair.
you are too greedy in taking advantage and do not set your target.
you better change your ways next time.

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Cling18
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June 15, 2021, 02:42:28 PM
 #237

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?
Hodl is the key because the value of the altcoins that you hodl depreciate however the amount of your hodling is still the same. As long as you did not sell off your hodling the amount will still the same and the value will definitely goes up once again just need to wait and have patience.

I also lost some of my gains when the prices drop down because I wasn't able to monitor the prices since I was too busy with my job. However, I have learned to deal with this kind of situation for my years of investing with crypto. I learned to hodl instead of panicking because we can't do anything if the prices drop down since that's how the market goes. We should keep in mind that things like this could happen anytime and we only have to deal with it with patience.
smartaction
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June 15, 2021, 02:44:37 PM
 #238

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 not loss amount of Ethereum, ADA ETC. just lost amount of USD. Do you remember 2017? Bitcoin is the first to cross 20,000 usd. But it is again dumped around 80% $20,000 to $3600. That bitcoin came in 2021 and crossed 60,000 usd. So don't panic. Hold for long tarm.

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krisnajsadrak
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June 15, 2021, 02:55:05 PM
 #239

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?

why you didn't sell your token in pancakeswap when the price gain about x4 buddy
remember don't be greedy and you should know how to manage the risk, because crypto investments is risky

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June 15, 2021, 03:01:08 PM
 #240

Hold altcoins and when the market crashes, all profits will be washed away. That's why people are always looking for ways to hold stable coins. A proper understanding of the market and asset heaven is required before the bear market takes all your money. Altcoins rise fast and also fall fast so keep that in mind.
Maybe the market rallies for you to get your lost money back but it will take a long time.
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