I wonder how much people have lost money during this bloodbath which never seems to end. Maybe it will continue until the overall market cap is under 100 billion.
I bought Ethereum for 5000 euro in January when the price was 770 euros, and then for another 10 000 euro when the price was something like 900. I also bought few Litecoins as well. From original 15 000 euro I have only 5000 left now, so i've lost almost 70% for now. I haven't sold anything yet.
ETH supposed to be one of the most stable coins but I really have no idea what I should do anymore. Actually I don't even care anymore if the price of 1 ETH goes to zero and I lose that remaining 5k because I have already lost so freaking much. I even had to put my house on a rent and move back to my parents for the next 1.5 years to recover from these losses if the price does not rise again.
Sorry for opening up but I had to share my story so I can feel a bit better..
Well IMO the blood bath is going to get much worse from here but thats a another story and only for the short term (1-2 years). The long term bull case for crypto is still intact and if you can hold you coins than they will eventually recover (only quality coins btc/eth/monero). I am gonna hope that you havent used credit cards or taken loans to pick them up.But the fact that you have had to move back with your parents tells me you have invested to much of your savings into crypto