Post
Topic
Board Altcoin Discussion
Re: My $36,000 Invesment Turned Out Now $12,000 - Still Holding
by
Pearls Before Swine
on 20/04/2019, 13:30:34 UTC
I know how people feel, those who invested in December or January like me, who fell love with crypto, and the way price was going up, never believed I have to see market cap under $250 billion.
I feel bad for you, but you're one of the people who lost their mind during the crazy crypto bull market that ended when bitcoin hit $20,000 but take comfort in the fact that you aren't alone, and that the market does seem to be recovering.  That is an awful lot of money you "lost", but since you still own the coins you might still at least break even.  Some of the coins in the portfolio you listed are crappy but a few might make you a profit if you hold them long enough.

Yeah, market sentiment is turning around. If you hold, I don't think it would be too long before you return to your initial investment, and then start turning a profit again. There's a lot of exciting activity happening in the space atm.
All true.  But I think op bought at the absolute pinnacle of the market, so it might take longer than you think before he recoups his losses.  It is true that crypto sentiment is positive at the moment, but this could change in a heartbeat as you know.  I'm surprised op didn't sell when he saw his portfolio declining so severely.  That's what most investors do.