Crypto eat my 80% of invested money, Cryptocurrencies in Blood Bath.

kamesh (50)in #cryptocurrency • 7 years ago

I am in huge loss. Crypto eated my 80% of invested money. What should i do? I still faith that it will start surge after stability. But fear is also there, what if it not recover. Now i have mixed thoughts. I have not sell even a single coin. Should i wait to recover or sell it. I buyed altcoins too but each coin love to bath in Blood. Please express your views. What you think? Which coin you have now? What is your strategy?

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#crytpo #bitcoin #news #money

7 years ago in #cryptocurrency by kamesh (50)

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steemit.vlog (50) 7 years ago

You are to late to sell bro. Hodl and buy now some coins like ripple and sdb is the only way to cover you losses and maybe gain. An other way is to change your BTC's in any other kind of altcoin. Because everything is crashed you will get the same amount of alt coins like you invest on all time high :)

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kamesh (50) 7 years ago (edited)

I have no other option other then hold. @steemit.vlog. you are really supporting me lot. Thanks dear, you are the reason i am still stick to steemit.

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mjr1963 (25) 7 years ago

Hey Kamesh I feel your pain but I think we have turned a corner and onward and upward. I have a pet coin called Aurora. Have a look and see what you think. Cheers

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1 vote

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kamesh (50) 7 years ago

This is looking very strong. But i don't have money now to buy this coin. I have to sell my ripple to buy this but i already lossed 80% of money.

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netscape101 (39) 7 years ago

I would say just hold tight. You can lose a great deal if you panic now. At some point the crypto market will have to bounce back. I had a great deal of ethereum that I now sold for steem. I'm hodling steem until the market recovers. This is a breaking point for some people, but I feel this time will reveal who the more mature investors are. Just remember when the price drops , people are making money! In other words if you sell now, you are gonna regret it when the correction happens.
Also go and have a look at some old graphs of for example bitcoin and litecoin to see what happens to crypto prices on 1st of April (April fool's day)

Anyways here is a funny pic someone from reddit.com/r/bitcoinmarkets posted on slack:
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