Bitcoin Forum

Hi, everyone! I hope that nothing bad will happen to you and your business like it happened to me. I know it was my mistake... I trusted an infamous coin but somehow thought that it was a good idea, which obviously was not. I do not even want to tell you details, I feel so foolish. It was such a stupid action, 8 trust my intuiton and it has never let me down, never, until l this moment. Now I am trying to make a new start, I can not even tell that I lost a lot, I can handle it without any problems, but the feeling of being foolish is hard to forget. I can invest or buy because I am afraid of losing again, even if the deal is one hundred per cent good. I just can not start again, I doubt every my move and thought, it is so annoying. Have you ever felt something like this? How did you get out of this hole? Maybe you can recommend me something. I wish you good luck in all your beginnings! Have a good day!

It is not clear what are you talking about. Assuming that you have lost a huge amount investing in cryptocurrency, well, it may happen. The very first thing you need to know while you are investing in cryptocurrency is "Invest only such amount which you can afford to lose." To be honest, almost most of the traders are in loss. My portfolio is also 60% red. You need to wait.

After reading the description of your writing, I want to tell you that this trip will be a very valuable place. About you and others. Make it self-introspection and the red sign as a valuable experience in you. You don't need to blame yourself too deeply. Now do the best and start from what you like according to your plan. I think that's my advice for your problem.

If you search thoroughly and read our seniors experience and advises properly thanyou never lost such amount. They always suggest never invest big amount . Always invest that much of amount whose loss you can afford . Secondly read the white paper properly and learn from  our seniors experiences.

If you are putting all your assets in crypto, make sure that that crypto is either Bitcoin or Monero, other than that is just a selection of unimportant coins so far, since no-one is using them the way they should be used they have no value.

There are situations when people make mistakes  even knowing the right decision, we can do the opposite, but everyone needs to understands his mistakes and forgive themselves and move on. Try to read more about crypto-currencies and gain experience.

Yes this happens when we made bad investments but we should realize that we did our best to research about the project the project somehow did not delivered and that is not in our hands, every investment is risky so we have to accept the losses as well without blaming ourselves.

“When defeat comes, accept it as a signal that your plans are not sound, rebuild those plans, and set sail once more toward your coveted goal.”

“Fears are nothing more than a state of mind.”

 Napoleon Hill

How much did you invest into this coin?

I feel for your loss and have felt the same way. I kept questioning myself and why i had to invest in something that although seemingly good, turned out to be a scam. The best thing to do is to charge it to experience and learn from your mistake. It's just money and there will always be other opportunities.

Starting from scratch is a very difficult process. I lost my business. And it was not easy. I still can not work for a stranger, for this I discovered the world of crypto-currency. Your mistake should be your lesson, you must have a stock of a reliable token. And some money tries to invest again. Not when do not invest all in one project.

         The most important rule when investing in crypto is to invest only the money you can afford to lose. Because the currency can go bankrupt or profit can come after a long period. It is important not to panic. Currently the crypto market does not cross the best period and all traders are at a loss. Almost all the coins are on red, but we have to be patient. No one can afford to sell now when the losses are high.

Everybody is in loss right now. It all depend to the token you invested, if its a shitcoin that one will think its not going to rise up again then you must be in the deep hole. People only invest in BTC most of the time, if there is a coin that you should have confidence its BTC. Forget about that coin and move on to BTC. Hold it for years and you'll see you going to get it back and maybe more.

everyone must have experienced a failure, life is full of tests of friends, make your failure as a valuable lesson because of the initial failure of our success, all the choices you alone can determine.

The market is full of great capabilities, crypto world too. You can not accurately predict the value of any currency. You can see the position of the big coin. What was their price at the beginning, and what is the price now. I was hoping for a coin and I was disappointed. You can not do anything in it You forget it, and start a new one. Whenever you choose a new coin, you can analyze it intensely. Do not always go towards new coins, please check first. The market has to face big ups and downs.

Buy bitcoin when it has decreased in value to 30% or more, I guarantee you will not experience losses again but you need to be patient.

Seems like you have invested a lot in cryptocurrency need not to panic mate as the market is very down this doesn't mean it is dead, holding coins in this situation is a good plan as of now. Wait for your turn definitely you will get back your money in double.

I had such feeling too, but I still finally did not get rid of it. It think can pass only if we do it more often and to try to trust the feelings, but not to be lost in them.

Buy and invest in altcoin that you guess or anticipate will make a big profit in the future. Good luck!

Hello, I would like to thank you for sharing your experience, it could be very helpful for newbie investors like me here in cryptoworld. I feel sorry for your lost but, my advice is that this experience of yours could be a lesson for you and us readers about our decisions we make in investing into cryptos. Risky decision is one of the factors you’ll have to deal with here in crypto. Also, never risk a lot on a certain coin, just the right amount. Never give up, just hodl on. Have a good day also!

All of us experience the same thing, but this is not the end of our journey in making coin investments. I also lost a lot of money, until now I still hold the coin. But I continue to invest in coins by adding a number of coins that are currently experiencing a decline. I wait until next year.

Yes you are very spot on, there is need to have senior expatriates in the crypto currency space as you need little advices.
But in all honesty you need to do your own research too; so that when you have an idea about a project and you get advices, you get adept key points

the points will distinctively make you and help you to take the right decisions as well.
don't hesitate.
Be smart.

i had that kind of mistakes too, but not in cryptocurrency, that in another subject. But we can't keep on remembering and regretting what has done.
Just makes it as a lesson to be better in the future, so we won't makes the same mistakes again.

I had a similar feeling. And I could not find a place for myself. Very worried about the fact that he lost a lot. But a month passed and I gathered my strength and thoughts and started from the beginning and forgot about the loss. But I learned a lesson for myself and I think I will succeed in not repeating my mistake.

Yes, I agree that sometimes there are such situations, but do not despair, this is an experience and you have acquired the skill, we all learn from our mistakes, eat conclusions and study more.

if i understand this thread you are  trying to talk about how to fight with greed or knowing when to stop. i understand that feeling of being in a trade or trying to invest into a project, but because of the profits you've foreseen yourself to get, you would try to add more money

I agree that the biggest enemy to me is myself.
if I can overcome my rapacity, I might not be sad as I am right now, losing too much and want to take back money from market, don't want to accept that lost.

This sounded like you lost a lot and I'm deeply sorry about that. I wouldn't want to start asking how it happened because honestly, it can happen to anyone. But I'm sure you'll use this experience as a lesson. We don't lose, we learn. Read more about Investments and strategies of the big players. You might be scared of investing further, but venture into it again with as little as you can afford to lose. Then grow from that. I'm sure you'll recover soon. Sorry dear.

there is no learning without failure at the beginning even Einstein failed also early in the experiment
and How to fight with yourself ? my advice, try to have a friend who is better than us I am sure that if we live in an environment and a successful friend it is better if we just try ourselves without seeing a real example

Many of us do make mistakes, I feel that you can take it as a lesson and experience. Continue to trust yourself with these valuable experiences, your decision making skill will improve as time goes by.

Your opinion is also a big issue for the newbie. I think crypto is a new market and little known. When investing in a new market, of course,  It is best to use the money that can be lost to invest in crypto, which is the way to fight wiht yourself.

yes! i understand perfectly well this mistrust to self, and doubts on everything you do. honest talk with myself and taking situation as an experience, not a sign of my personal brain damage helped me out of this

I understand you 100%. If you cannot be trust yourself you feel so insecure. You hesitate every moment and blame yourself hard of minor losses. I’ve been through this, all you need is time. And whiskey))

I don't invest more then 5% of my deposit in any coin (except BTC and ETH) so I don't afraid to loose much money because of diversification. I don't need fight with myself when I want to buy coins or invest in ICOs because I can loose <5% - it's little money.

From your message, I understood that you have unsuccessfully invested your money in one of the tokens. And in consequence of which lost all their money. I can please you only by the fact that all participants of the crypto market. Now lost a lot of money due to lower prices of ether and bitcoin. But I think things will get better soon.

These last few quarters have been very painful indeed. Unless you managed to tether up at the right time your portfolio will have been trashed to pieces. It just takes will power to see through these dark days, don't worry though, there will be huge rewards if you can hodl those coins

question is should you fight with yourself? try to dance with yourself, accept your own pscyhology and know your character very well then act in life and crypto.

May I ask you what coin you're talking about? Some infamous coins still have nice potential, even if its price is low at the moment.
In any case, I wish you luck ::) we all make mistakes sometimes, it's life. Don't be afraid to invest in crypto again, just diversify your investments to avoid big losses.

The sharp decline this year has been recorded many times in the history of the cryptocurrency market. Many investors know but for profit they ignore it and consequently lose money

It is always bad when you loose something you intend to keep. But even worse if that is scammed from you. Has happened to me and I'm sure with lot others in this forum. It may sound as cliché but I really tried to take it as "an investment i could loose and still live on" (took me few years to recover from it though). If you say it enough times, eventually you start to believe it :)
But mostly it made me become more suspicious of everything that requires my funds (I'm still working on the "my most valuable part" which is time and knowing where not to waste it)
Hope you find a way to make peace with yourself and recover emotionally (much more important than the money part)

For some of the mistakes i made in this space, there was nothing i could do, than to admit i made the mistakes and learn from my mistakes. Learn, avoid making mistakes next time and move on .!

I think a lot of people can relate with your experience. Even I lost my too but all the options I have right now is just a profit from last year. I still believe that my portfolio will recover soon. I cut loss last December and thought that March was the end of the bear market. Although I didn't lost a lot compared to those who didn't cutloss or bought last December.

sometimes life is not in accordance with what we want, as well as what you experience now, you feel depressed sorry and annoyed because what you want does not meet expectations. life is like this and we also have to accept it, the important thing is not to give up and keep your spirits, let's get up again and be sure that there will be no second mistake.