Post
Topic
Board Speculation (Altcoins)
Re: Should I cash out and take the loss?
by
damberg
on 03/08/2018, 07:08:45 UTC
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!

It is partly about luck but also about getting the right information to make investment decision. I wouldn't be mistaken if I say that we all lost money in the 2018 bear market but that is how the game works. It will go up again. If I were you, I would buy in again now, and wait for another bull season.  Grin