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..
Actually I found this is an unprecedented bloodbath. I am just a small investor with a small amount of capital. Around the beginning of May, 2018 when bitcoin was at 9.7k usd and then down I thought my chance had come, I gathered my money plus borrowed my friend friend bought 10 bitcoin for $ 9.1k i think then the bitcoin price will go up soon. But it was not unexpected that it did not increase but it was worse off. Until now at the end of June 2018 bitcoin price then you know it. Today is 5.9k usd / 1 bitcoin. So for nearly 2 months I lost about $ 30,000. Really is the worst thing for me