Post
Topic
Board Altcoin Discussion
Re: I lost half of my crypto amount! what to do?
by
Vidgenx
on 08/08/2018, 14:50:23 UTC
So I basically got fomoed. Towards the end of 2017 I saw how high bitcoin skyrocketed and decided to invest in ripple as a test. Less than one week it went up 3x. This made me more ballsy and I put in 11k total in various other alt coins like ripple, ethos, tron, and cardano. After the crash I lost about half of my value just like that. I am frustrated with the experience and wish I would have just put in 1k or something. I wish I could just not invested and went into what I was doing earlier which was just investing the boring and traditional way. Should I wait and hodl or pull out and do something else?
There is nothing you can do unless you change your thinking concept, that crypto is a long-term investment. The market will fluctuate, and will probably return to the highest point. So if you don't immediately need the money, then wait until the market recovers.