Post
Topic
Board Altcoin Discussion
Re: I lost all my crypto gains this not fair!
by
iTradeChips
on 05/08/2021, 02:42:29 UTC
I had 3k on pancakeswap and did almost 4x now is return to break even.
I had Ethereum 4.7 now its 2k
I had ada $2 now is 1.5
Also I lost in ogn

I lost a lot of money on crypto more than 8000$

Is it recoverble this year?
Yes, I hope it will be recovered soon by the end of this year. This is crypto mate, if you had sold your coins in profit you would not get this loss. If you were holding for long-term then you shouldn't be worried. If you are holding for a short term then you should always set a target for profit, because the price can go down in a minute after hitting a limit.

Right, I do agree that at this point, long term holding is much preferable move right now, instead of selling at a loss. There is no point in selling your crypto at a loss as you will only lose money. It is best that you hold it and wait for a much better time to deal with the price increase. Many investors have waited years for this and they were able to enjoy their wealth when their Bitcoin increased too much. So no need to rush and find a job for the meantime and leave your crypto alone for the meantime.