Quote from: tylerderden on July 27, 2018, 06:57:09 PM

Quote from: Cryptocucumber on June 09, 2018, 05:58:45 PM

At the beginning of the year I got into cryptocurrency think I would make a lot of money if I did a ton of research and learned everything about crypto. So I bought $4k worth of bpt and prl. I would say my stack is worth about $1000 now with a 75% loss. Everybody on this forum talked so highly of those coins thinking it would sky rocket one day but they are just getting so low that I know I will never get my money back & I don't want to lose it all. I guess I'm here to say don't trust anybody on this forum that thinks they know what a good coin is and most differently DONT trust any future "10x coin" on here. Truth is this is mostly a game of luck. I'm out, cashing out so I don't lose everything!

You shouldn't sell your coins for a loss never and this is the major rule in investing that never sell your investment at a loss, no matter the time interval it will surely come to profit you in the future. And I am also following this by investing in those coins which came at a low price at the point of dump and when the Altcoin prices will start rising then I will sell those investments.

It is a basic rule but how many people are in this market and have no idea of even the most basic rules when it comes to investing? I will say that the answer to that is the majority, and that is why we see many people like the OP losing money that they cannot afford and investing in a market they do not understand, I would like to feel sorry but when I see this everyday I cannot stop thinking what were these people thinking when they invested in this market?