I lost half of my crypto amount! what to do?

[bityndye]

So I basically got fomoed. Towards the end of 2017 I saw how high bitcoin skyrocketed and decided to invest in ripple as a test. Less than one week it went up 3x. This made me more ballsy and I put in 11k total in various other alt coins like ripple, ethos, tron, and cardano. After the crash I lost about half of my value just like that. I am frustrated with the experience and wish I would have just put in 1k or something. I wish I could just not invested and went into what I was doing earlier which was just investing the boring and traditional way. Should I wait and hodl or pull out and do something else?

If you have more funds OP then better invest more to it so that you can average down but then if you are now doubtful, you can just choose to sell your coins which I think too late now or wait for the time when you will have profits. If you have the time then do some trading and earn those small profits because it would be accumulated and maybe you would be able to catch up and turn your losses into profits.

[Speaker]

You need to be able to trade in a falling market.Now the volatility has become lower than before.You can try to trade within a day if skills allow.

[JasmineRose]

If you lost too much, just hold it. But if you really2 need money, you can sell it

[Zed0X]

So I basically got fomoed. Towards the end of 2017 I saw how high bitcoin skyrocketed and decided to invest in ripple as a test. Less than one week it went up 3x. This made me more ballsy and I put in 11k total in various other alt coins like ripple, ethos, tron, and cardano. After the crash I lost about half of my value just like that. I am frustrated with the experience and wish I would have just put in 1k or something. I wish I could just not invested and went into what I was doing earlier which was just investing the boring and traditional way. Should I wait and hodl or pull out and do something else?

You cannot do anything about that now, just learn from it. If I were in your position, I would wait for a better position before selling. There maybe some good movements for alts this next 3 mos.

[Speaker]

For beginners, a good moment to enter is a major drop. If you bought in a growing market and still have not sold - I advise you to wait for the growth of the market.

[diygirl]

Not only you, me and almost everyone here also experienced the same thing. We have lost a lot but what we can do now is just waiting. Bull run is happening, so get excited from now on. Because victory will soon be obtained.

[Speaker]

Not only you, me and almost everyone here also experienced the same thing. We have lost a lot but what we can do now is just waiting. Bull run is happening, so get excited from now on. Because victory will soon be obtained.

On account of the fact that the market is about to recover - I've been reading for half a year...if you look at the statistics of the past, you can see that the cycles of prolonged falls were already earlier and as a rule, new highs were updated after that. Want to believe that after events that we are seeing now - will follow such same a powerful growth.

[Dinaflorean]

Hopefully it is true that the current decline will be like what happened in the past after the decline there will be a more rapid increase

[Ghozrd]

the current market situation can't make you profitable, you can hold the coins you have, it's hard to predict the current coin price, trading volume weakens this month, wait for the right time and sell some of your coins. Don't sell your coins at very low price

[Cold_Zero]

Up till the moment I lost 2/3 account balance. I have determined to lose all the money invested in crypto since early 2018.
trade is not my forte. So sad

[agusiska]

mostly trader have big loss due the bad market condition now, you have two option, sell it immediately or hold it until the price back at ico stage.

[ipanks]

You have two option for now which is you can still hold your crypto amount and wait for the price to increase back and cut loss your crypto amount which I don't recommend. Many people still hold their crypto coin and not just you that feels this loss, and we still hope that this year, we can be back to make a profit. So if you still want to make a profit, you need to hold tight your coins no matter it's difficult because once it increases, you can make a bigger profit.

[88percent]

Relax because what you experience is also experienced by many people. So in my opinion, patience and calm are the keys to trading in crypto. Keep hold of your coins because the bull run moment is starting.

[DEADPOOL]

So I basically got fomoed. Towards the end of 2017 I saw how high bitcoin skyrocketed and decided to invest in ripple as a test. Less than one week it went up 3x. This made me more ballsy and I put in 11k total in various other alt coins like ripple, ethos, tron, and cardano. After the crash I lost about half of my value just like that. I am frustrated with the experience and wish I would have just put in 1k or something. I wish I could just not invested and went into what I was doing earlier which was just investing the boring and traditional way. Should I wait and hodl or pull out and do something else?

If you have experience in trading, and especially in daily trading, then I would not advise you, because it would be wrong to go to the minus. your money is definitely not coming back, but you can for example cover your loss documentis now. Prices are now extremely low compared to December or January. So do not sell, buy more and wait!

[Speaker]

It is best to forget about cryptocurrency for a while.Do not read the news and do not look at the chart.So you will save your nerves.