orengitu
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June 16, 2021, 09:46:40 PM |
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I understand where you are coming from, u didn't lose anything in terms of the quantity but the possible gain you would have made if you sell it when the price is very high, however, it is not your fault in the sense that you can predict what will happen to your coin in the next hour.
Since, nobody know the best time to sell so it's really important for you to decide how much profit you want to make, and when that profit is reached you can just remove your capital and leave the rest.
As we know that experience is the best teacher, just learn from your mistakes and move on.
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South Park
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June 17, 2021, 03:59:24 PM |
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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.
People need to stop being so greedy, one of the easiest things on the world once you have so many profits would be to cash out and then keep your capital and now only trade with your profits but since this does not maximize your profits then people do not want to do it, but then a correction comes and then it happens to them what the OP is going through in which despite the fact he is back at square one he is mad over his results, and this may cause a mistake down the line that will make him to lose money.
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covfefe_
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June 17, 2021, 04:14:45 PM |
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Always try to keep your device that you use for crypto as less bloated as possible. Maybe dedicate one for it. Always have 2FAs wherever possible, fingerpints and passwords for mobile apps. Don't put your eggs on the same basket. If you are staking of farms, you could use two different wallet ever for the same defi as well diversify your investment on different defi.
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Traderbtcc
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★Bitvest.io★ Play Plinko or Invest!
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June 17, 2021, 05:00:26 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 $2 now is 1.5 Also I lost in ogn
I lost a lot of money on crypto more than 8000$
The crypto market isnt fair to anyone,I also lost about half of my portfolio when the market crashed during May and since then it has been up and down no major movement, I'm beginning to get tired of the current market movement, but there's nothing I can do about it than to wait for the market to recover although its taking too long for that to happen, I don't know how much longer we would have to wait to see the market bullish again. Is it recoverble this year?
I'm not so sure about this, but experts still claim that bitcoin will go higher than $64k this year, I just hope that happens.
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xiboothrezi
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June 17, 2021, 11:31:12 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?
looks like you haven't joined the crypto ecosystem for a long time, right? You should know that cryptocurrencies are very volatile, prices can go up and down quickly without warning. you have to have self control, have a basic market analysis, so that when you feel the profit is high enough and there are signs of a decline, then immediately let go before you break even. you can't blame anyone. you are in complete control. take this as a lesson, evaluate the way you trade/invest/hold, and don't expect too high before the profit is in a stable form that you can withdraw. be patient, no one really knows when the market will recover, after all the crypto world is full of surprises. the asset you hold also has a strong position, one day it will definitely go up again.
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laredo7mm
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June 18, 2021, 02:02:26 AM |
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Market manipulation is very common in crypto. You can make 1 BTC to 10 BTC in 6 months but if you are not careful enough you could lose everything in just one day. It because the crypto market won't go up straight. It moves in waves like ups and downs. What I am seeing with your portfolio is you lose the value in terms of USD, not with actual amounts. The best thing you can do now sell part of it and take re-entry in the dip. That way you can increase your portfolio without investing any new cash. This way your break-even points will be lower and you will recover your loss more quickly.
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lienfaye
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June 18, 2021, 02:12:35 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?
Sorry to hear that buddy, it happens. Don't worry too much about it. In trading we can't always win money, sometimes prices are going down. The good thing is that crypto prices are moving in cycles. I wouldn't sell my coins if I were you. ETH is a very strong coin that will easily recover again. I can't say for certain that you will recover this year, but latest next your you should make your money back. The key is having long patience in order to wait for the perfect time seeing our assets recovering back again. It might take years but thats how it works. I remember holding a token year 2018 and missed the chance to sell but I didnt panic. I let it sleep in my wallet until early this year I was able to sell my tokens because the value soar high again, it took me 3 years but its all worth it. This is just a proof that the current dip doesnt necessarily mean you lose your money, as long as you're holding a good coins then there's always a chance to profit from it though it will take time.
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bluebit25
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June 18, 2021, 02:29:30 AM |
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The key is having long patience in order to wait for the perfect time seeing our assets recovering back again. It might take years but thats how it works.
I remember holding a token year 2018 and missed the chance to sell but I didnt panic. I let it sleep in my wallet until early this year I was able to sell my tokens because the value soar high again, it took me 3 years but its all worth it.
This is just a proof that the current dip doesnt necessarily mean you lose your money, as long as you're holding a good coins then there's always a chance to profit from it though it will take time.
Yep, that is always necessary for those who are new to investing. Most people just think that it will bring profits but are not patient enough to wait for it for various reasons. After many years in this market, I understand that nothing is easy, and everything needs to be prepared.
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_MrTuyul404
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June 18, 2021, 12:57:14 PM |
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oh no you got 4x on pancakeswap but you haven't sold it, why? that's really big gain, don't be greedy lol, this is crypto, the price won't always go up and if you get enough profit, sell it immediately, don't let it be worthless
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DrBeer
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June 18, 2021, 05:14:28 PM |
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The crypto market is a purely speculative market. This means that the profit of some is due to the loss (direct, deferred) of others. Here, no one owes anything to anyone, here everyone evaluates their own habits and makes decisions themselves. Consider the loss of assets as tuition fees, training on the topic "How not to invest and how not to do stupid things." If you have learned your lesson well and understood the reasons for your losses, this "course" has worked for you. If you still don't understand where you did the wrong thing, you will most likely take another paid course ...
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Btcvilla
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June 18, 2021, 05:41:17 PM |
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Keep holding on, never sell your assets when you lose. It might take a long time, but be patient. Just be sure if the coins you hold now are coins whose value will be good in the future. And try every time you play trading, save the remaining 50 percent of your money to prepare to buy coins while it is being corrected.
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conected
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June 18, 2021, 07:31:40 PM |
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oh no you got 4x on pancakeswap but you haven't sold it, why? that's really big gain, don't be greedy lol, this is crypto, the price won't always go up and if you get enough profit, sell it immediately, don't let it be worthless
- Yes, express an attitude and show that he is being forced and feels it is not fair while his actions have accused him of a greed and the search for perfect beauty from investing. And yes, without basic satisfaction, he will be responsible for loss and circumstances that are not in his idea, another fundamental mistake that we can detect from this story is probably poor management, he dropped everything and didn't plan, once the market has lost its advantages and journey, we need to stop, instead of accepting to live in anxiety and hope
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distr@yopmail.com
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June 19, 2021, 12:45:42 PM |
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But you can't judge someone greedy because he wants something big in your opinion. or waiting for the big thing in your opinion. I have a logic if you don't make a lot of money every day or every month and year maybe you will be poor because all economies are experiencing very rapid improvement.
you are too rude bro ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) actually, greed is the nature of every person. but in the crypto investment of course every investor has their own plan for the assets they have. simply, if the planning target has not been achieved then he can hold it. or if impatient he can walk out with a loss and move to another asset for profit to minimize losses.
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shaheer001
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June 19, 2021, 03:23:49 PM |
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If you hold your tokens in the dip you will never lose and you will get good return in the next bull but the only condition is hold.
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LogitechMouse
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June 19, 2021, 03:44:28 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?
If you don't have any strategies or in this case an exit strategy then this sh*t will happen to you "always". No exit strategy = you will lose all of your gains. Is it fair?? For me yes and instead of posting a thread about it, just move on and focus on your next action. With the market going sideways for almost a month, the only way for you to re-gain your lost profits is if we will go at the peak again which is I think have a lower chance just by seeing what is happening right now but hey.. anything can happen with crypto right ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . I just hope that you learned with this mistake that you've made.
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Rebdoomer
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Buy Bitcoin
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June 21, 2021, 02:27:25 PM |
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You only lose if you sell. You win when you buy the dip. Hold the important crypto like Bitcoin and Ethereum until the next bull market. Then you will gain back what you lost.
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toplarge
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June 21, 2021, 03:05:21 PM |
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you will need to wait more time if you can be patience and bear the drama of the market dips. it will likely get back to those previous points but when is what i cant say. but next time always take profit whenever it shows.
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Lubang Bawah
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June 21, 2021, 03:23:37 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?
Unfortunately you buy during peak season, and the market dips until now, of course there are 2 options, if you sell again you will lose, but I suggest holding it at least until December, I'm sure you can make a profit.
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Farma
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June 21, 2021, 03:32:49 PM |
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Keep holding on, never sell your assets when you lose. It might take a long time, but be patient. Just be sure if the coins you hold now are coins whose value will be good in the future. And try every time you play trading, save the remaining 50 percent of your money to prepare to buy coins while it is being corrected.
for now, I use this kind of thinking. even though the price of my assets has also decreased by more than 80%, but I still continue to hold my assets to this day. well, right now all coin holders must feel the same way. we are all stuck on high prices. the only way, for now, is to be patient or accept the losses that have occurred since the price drop.
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cheezcarls
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 21, 2021, 04:01:55 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?
The number of cryptos you have will remain, it's just that the value lost due to the ongoing bear market. You should have learned about risk management. The cryptocurrency market is unpredictable, and you always have to acknowledge that this is a high risk investment. You should have taken profit at least instead of going greedy hoping that it would push the price even further. This is how the game works mate, it's simply unpredictable and can either "moon" or "dump" without warning.
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