Hey guys, my friends and I were down 90% of our crypto portfolio. We bought at the highs and we bought shitcoins. Now we are still down significantly and i just want to ask if you guys have strategy to recover from this? Cheers!
That absolutely cant be helped since you loss almost all your investments. Better dump the shitcoins you are holding and buy a new and trust ones. Start again from the bottom and recover your loss through a better rounds again this time. Now that the price is cheap, you can still correct your mistakes. Buy and hold until your mind is stable then proceed to trading after.
This should have been your first priority-evaluation of the project of the coin or token you want to invest in-and had you done that, you would have not suffered 90% loss. Right now, it is the best time to speculate in any good coin you like. Try to focus on the top coins in the market. Bitcoin is one of the best spot for investment these days and you should not really miss out.
Yeah because the loss of 90% is a very big loss, actually I very rarely experience losses of that size, you have to evaluate what you lack, you have to be smarter in choosing projects or coins, and immediately do cutlose if you don't think there are any the potential price of the coins you buy to go back up, it will avoid you at a big loss