‘I got greedy and lost €20,000 in crypto. What now?’

Welcome to The Money Coach, a Times of Malta column where readers can ask questions about life’s money issues. Send your questions about personal finances, inheritance, gifting or other personal finance topics to [email protected]

Dear Luca,

What I’m going to write is hard and makes me feel ashamed, but I need to get it out of my head. 

I’ve been following crypto for years and first invested in Bitcoin in 2021. I gradually started to dabble in altcoins [cryptocurrencies other than Bitcoin].

I made some gains, but also made some small losses. But as time passed, I got better at it, and earlier this year when Trump was elected, I managed to sell at great gains.

The market eventually went downhill due to…

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