I've seen a lot of paper losses and have already lost more than 70% of my investments. What can I do to bulletproof my portfolio? Is there any way I can recoup my losses?

It would be useful to know how diversified your investments are, or if they're all in one or two stocks. And what your risk appetite is like.

If you still maintain the reasons why you invested in those stocks, and if you have the ability to hold until you see some recovery - presuming that some of them do recover - then it might be worth doing that.

Unless you have a strong idea for how to use that capital in a better way, on some other investments which could recoup your losses faster.

We don't know your situation deep enough, to advise you what you should do. Also, we can't do that even we know. Ultimately, you'll have to do your own due diligence.

What we can do is to share our experiences and thoughts on how to approach this rationally.

Just based on my thoughts....

I think the reason you're in this situation maybe because you don't understand the companies enough to have conviction to hold them hence the panicking, or probably you have some gut feeling that they will tank further due to their state of businesses. Also, portfolio allocation may be skewed? (i.e. a lot of weight into one or two companies).

If you believe that they have what it takes to bounce back (this is only a temporary setback) and this is a great business after your research, then I'd think you can continue to hold and wait out this current situation.

However after your research, if you find that going forward they will have a lacklustre business even after COVID-19, then probably you may want to liquidate them. It'll be a loss but you can recycle your capital into better companies, especially growth companies that disrupt how we work and live.

I shared my personal experience on cutting my own losses. You can read about it here: https://seedly.sg/questions/as-a-student-with-l...

Hope this will give you some insights. All the best!

Unfortunately, some fundamental principles must have changed. Learn from them, bet smaller and don't invest what you cannot lose.

Possibly wrong buying choices or no patience, or both.

what worked for more than 20 years now is written here:

https://seedly.sg/questions/what-is-your-genera...