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Lost Morethan $40k In Crypto

Discussion in 'Cryptocurrency' started by asadrafi92, Oct 2, 2018.

  1. asadrafi92

    asadrafi92 Registered

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    Hi.
    Hope All You Doing Great.
    I Invested $44k In Crypto 8 Months Ago. Right Now I Have Only $3475 Left In My Exchange.

    Why I Lost: Because Market Is Going Down Down Down Since Feb, Due To Panic I Jumped From One Coin to Another then Again Jump To Another.

    Exchange I Am Using : Bitfinex.
     
    WageWolf likes this.
  2. petimi

    petimi Registered

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    I know how you feel, there are quite many people around who had the same experience.
    You got in on the top of the bull market and the all year bear market wore everyone down, it's not uncommon to have 90%+ losses this year.
    All I can say is: hold your coins and do not panic sell now.
    If you invested in the top 10 or 20 market cap coins, those are established enough to ride the bear market out and hopefully rise in the next 2 quarters.
     
    asadrafi92 likes this.
  3. asadrafi92

    asadrafi92 Registered

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    i already made this mistake i sold my coins then buy another coins
     
  4. petimi

    petimi Registered

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    Sorry to hear that. That's one expensive lesson learnt.
     
    asadrafi92 likes this.
  5. l00xzy

    l00xzy Registered

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    Not good, not good to read this.

    If I where in your position, I would hold the coins I have for the real long run.
     
    WageWolf and asadrafi92 like this.
  6. asadrafi92

    asadrafi92 Registered

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    yes no doubt.
     
  7. asadrafi92

    asadrafi92 Registered

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    you are right... but i was newbie
     
  8. l00xzy

    l00xzy Registered

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    Hard lesson learned - I am sure of this. I don't know how you feel/felt when you saw the stats - that's a lot of money.
     
    asadrafi92 likes this.
  9. asadrafi92

    asadrafi92 Registered

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    yes i learned very Hard lesson
    i sold my home for the Crypto Business... Now i am broken
     

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