A sad story but you can learn something!

[KKH84]

-snip-

Thank you for sharing stories about your very valuable experience, you indirectly give us warning signs.  I personally will never store shitcoin, I will sell it and buy well-known coins like ETH or BTC and keep it (although price drops are inevitable).

[tervel]

Cryptocurrencies give you the chance to do what venture capitalists do. Making a bunch of money is about taking risks. Most of the coins  disappeared but the big ones such as BTC, ETH and others in the top 10 are developing successfully.

[Evgenklm]

What a pity that it happened, the amount was very huge and fell 10 times, this is really a lesson, but it's better to learn from the mistakes of others than from your own, who could have known that it would turn out this way, so do not worry, a friend will still earn money.

[bigcash2011]

I have a friend from Pakistan and express her emotions, you can read & feel the pain ----


"In 2017, When most of shitcoins were at their peaks in BTC pairing,my portfolio was also  high in sky.I had some 64K USD in my bittrex account at that time. 64K USD may seems normal amount for you people but in my country (Pakistan) 64K USD mean you have half of the world's total money. (😅)

I was University student in 2017, I didn't attempted my smester exams saying "Who the hell needs a Degree when you have million of RUPEES in your account."So you can imagine how egoistic my life was getting with every pump in shits'market.I was in fantasy of hitting  million Dollar mark within year.

Then started the Downfall.Every day i started loosing  8% 10% 15%. Every shit coin was dumping like there was not a single buyer in the market. I thought no problem its a normal market pull back for another bullish wave. But that bullish wave never came back. My balance dumped to 5k 6k usd. In despair i sold  all my holdings to pay my university Fees.

What i want you to learn is : Never Hold a shitcoin for to long sell some of your holdings when it hits your least possible target. Atleast sell 40% of your holding at minimum target area. You will never be in trouble if you manage your money like this.

................This really is financial Advice-Follow it for great trading experience.
Regards"

That happened with most of the hodlers in the last bull run and even this time around it will be similar but the thing is that atleast the longterm holders should move in safer coins like btc, eth, trx etc because all other lose big time while these top coins even if lose their value that will not be like those new coins and they will also start recovering first.

[missbtc]

Unfortunately, many during that period of time kept and did not sell shitcoins in the hope of even greater growth and receiving huge amounts of money.  Hopefully in the next bullrun we will all be smarter and can take profits on time.

[Hisbullah]

Unfortunately, many during that period of time kept and did not sell shitcoins in the hope of even greater growth and receiving huge amounts of money.  Hopefully in the next bullrun we will all be smarter and can take profits on time.

Yes, I agree. We should be smarter in the next bull run. Alywas be careful at shitcoin.  I personally prefer invest on top ten coins, It is more safety. For now, I see many people already invested at there. Good luck.

[MishaSER]

Oh, I felt all the pain ((I can only guess what kind of depression you had. It's really very difficult. This is a lesson for life, sell tokens from the bounty)

[debra]

Of course, from that sad story, we can learn many things. Moreover about the ways in choosing the right coin to hold or buy. IN this case, I personally don't really know you and your tokens. But in fact, many people still hold shit coins, this will never end. That is why we need more and more things to do

[sidik7]

sufficient experience means learning in trading that experiences a large loss in an important lesson and i get experienced it. when i didnt understand enough about crypto investing and from there i kept getting up to find a solution and to be more sucesfull in trading crypto future.

[Master107]

Oh, I felt all the pain ((I can only guess what kind of depression you had. It's really very difficult. This is a lesson for life, sell tokens from the bounty)

My always honest reminder is do not immediately sell the bounty tokens. Better to do search about the token before sell them. You know there are bounty tokens with potential so be careful. 

[wawan96]

an experience that you will remember for a lifetime, you will definitely never forget 64k USD, not a small amount of money, it can also be for the beginning to open a business that is very big money for you at that time if I was so you might have set up a big business for the future but it is not your sustenance that you get only 10% today an experience that made me aware to be more alert shitcoin.

[Galley]

Unfortunately, many during that period of time kept and did not sell shitcoins in the hope of even greater growth and receiving huge amounts of money.  Hopefully in the next bullrun we will all be smarter and can take profits on time.

Yes, I agree. We should be smarter in the next bull run. Alywas be careful at shitcoin.  I personally prefer invest on top ten coins, It is more safety. For now, I see many people already invested at there. Good luck.

For myself, I made the same conclusion about investment tactics. For me, the leaders of the cryptocurrency rating remain the investment priority, because for long-term storage this is the best option.

[Gyrgen]

The biggest difficulty is the responsibility in making a decision. And the second is that money clouds the brain and spoils a person. For many, big money is a test that not everyone passes. That is why I keep the crypt in stablecoins:usdt,pax,usdc.

[mohdelayo]

Quite sad, her fantasies let her into the mess of loosing her money to the bear market, it's always very good to take some profit especially when you're really in profits. A lot of people have fell into similar situation, but in all its all experience and a good learner will learn the most.

[Octoalts]

Oh, I felt all the pain ((I can only guess what kind of depression you had. It's really very difficult. This is a lesson for life, sell tokens from the bounty)

It must be very sad and there is considerable regret, a fairly high value suddenly drops because of the continuous correction, it must be sad and we must make this a lesson for each of us to be more careful with our money going forward.