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

[dewayudha]

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?

[zgrdyg]

Almost all crypto investors are like you know, myself lost around 3x of my portfolio but i keep hodling and waiting patiently for the right time. You should do the same i think.

[santawarrior]

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?

I have the same case with you so my dear friend and I prefer to hold it until the market price will rise before selling it.

[altcoingamer]

Everyone is down on USD right now and most people are down on BTC, it will fix but it may be more purging first, the market is really in a standstill where everything sort of revolves around bitcoin getting that ETF which will push this industry north of 1 trillion dollars or we get rejected and continue to consolidate in a bear market for many more months.  People feel safer in bitcoin as compared to alts so even if the market cap is staying remotely similar, it's not really improving if you're mainly holding alts.. Patience is the only thing that can help at this time.. except buying more to cost average.

[BibitBot]

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?

Go for arbitrage buddy. Its quite simple and easy way to make profit without any risks. So in few months you will be able to make your money back
Go

[felixesteban]

Unfortunately, many investors are in the same position as you, there are even some people who have lost 80 percent or 90 percent. In this sense, patience is very important, the market will certainly see an upward trend in the future.

[sugarchrisp]

I think you should hold a bit longer, this bear market is almost over and if ETF gets approved for bitcoin in september the price for bitcoin will likely never be this low again.  Try to hang in there, I know it's scary that everything is so low right now, but the only way you can lose is by selling now.  Otherwise you're just in a holding pattern.   Aside from XRP, I worry about the longevity of that coin so you may want to switch that to something else.

[arifrey77]

I think you should hold a bit longer, this bear market is almost over and if ETF gets approved for bitcoin in september the price for bitcoin will likely never be this low again.  Try to hang in there, I know it's scary that everything is so low right now, but the only way you can lose is by selling now.  Otherwise you're just in a holding pattern.   Aside from XRP, I worry about the longevity of that coin so you may want to switch that to something else.

yes I agree with you, now the price of bitcoin continues to fall, I as an Altcoin trader is very much a loss for now. for me now I will only sell a portion of my capital, and wait for a very low price

[Angkoolart10]

I think you should hold a bit longer, this bear market is almost over and if ETF gets approved for bitcoin in september the price for bitcoin will likely never be this low again.  Try to hang in there, I know it's scary that everything is so low right now, but the only way you can lose is by selling now.  Otherwise you're just in a holding pattern.   Aside from XRP, I worry about the longevity of that coin so you may want to switch that to something else.

I also Agree with you Friend that the Bear now is going Weak and the Bull is waiting so attack soon. maybe this Month or next Month, Wait for the Confirmation of Candlestick in Monthly Range.

[Barmalei]

it is very sad when you lose money! I have lost a part too, but I don't panic now, I believe that it will change and there will come good times when the market pleases us in green color. I believing that the cryptocurrency is the future

[altcoingamer]

Everyone hang in there and support each other, hopefully this is the last real large flush out... hopefully, brighter days to come.. I feel like if people haven't capitulated so far, they likely won't at any price.

[Synvc]

if you have chosen the token you mean that you are ready to bear the risk because the token that you choose is not for the near future.

[Dinid]

I'm sorry to hear about that. Many investors are facing the same problem. Don't be frustrated please, because it won't solve the problem, but make worse the situation.
Ok then, stop invest on cryptocurrency. And participate on airdrops and bounties to recover your assets. Hold some coins that have good potential.
I am sorry, I am not giving any advice at this moment

[Speaker]

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 need to invest the funds that you are not afraid to lose.In a short time you will earn, but in the long term you will lose everything.You need to consider risk management and money management.

[Altcoinstalks User]

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 should just hodl. In the long run those cryptocurrency will still have value. Blockchain technology surely has its price.

If you want to earn to recover those losses, you can sell them when the prices are high then buy at low. Of course, this easier said than done.