Bitcoin Forum

Actually I am sharing my personal experience with Bitcoin to aware all Bitcoin earners.Hope you all will not make mistakes like me.

At First I started earning bitcoin when its price was around 1000$ and then I worked in crypto for full time.And Day by Day earned 0.1 Bitcoin.Then I suddenly attracted in HYIP(Highest Yield Investment Program) investing and lost my funds gradually and at a time I left it.Then again focused on earning Bitcoin by doing micro works like Airdrops, Social and YouTube Bounty etc .Then I earned Again 0.1 BTC but now Btc Value has increased to 10000$. I have traded in many exchanges like Binance, Mercatox, Kucoin and others and bought Altcoins using Btc.To be true I earned a lot from there.But the last time when Bitcoin Dropped to 4500$ in this Year I made some mistakes by holding Altcoins and by trading without Stoploss and without any proper technical analysis.

So it hurts me when I see that I have lost  50% of my total Portfolio because of some little mistakes.I tried hard but again and again I lose funds when my total Portfolio touches 0.1 BTC..

Suggestions: That's why I think you all should be careful about bitcoin trading and focus on Altcoins when you are expert.And must avoid HYIP investments and go for earning bitcoins without taking high risk.One day you will know what actually means about success.

Personally I don't want to judge you, but my curiosity went up while you said if you focused on micro task (airdrop, social media, and youtube bounty). Because when I compare to your account, seems your account is not active in Bounties, only 1 airdrop (https://bitcointalk.org/index.php?topic=4984009.msg44991577#msg44991577) and 1 youtube bounty

Archive: http://archive.vn/xyk3V

So your youtube channel is Cryptobd School (https://www.youtube.com/channel/UCBnMJqWibBtzElsKQ9sGkIg) and the ID: UCBnMJqWibBtzElsKQ9sGkIg

Connected to this account coinliker (https://bitcointalk.org/index.php?action=profile;u=1324004) already got banned https://bpip.org/profile.aspx?p=coinliker

Archived: http://archive.vn/4sw42

This account will got banned soon, read this rules

Others: Another your alt account https://bitcointalk.org/index.php?topic=5237082.msg54154650#msg54154650

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Back to your topic, That's true you should avoid all HYIP investments. And you should avoid long-term investment on altcoins, because altcoins is for short-term or mid-term only. It's very risky and not recommended to hold altcoin for long time. Bitcoin is the good long-term investment.

Sadly most people involved with Altcoins can say that.
Instead of keeping yourself to one true revolutionary technology (Bitcoin) people move their money to copy-paste coins with different names. That is falling for get rich quick scheme which is sad :(
I hope people will learn on your lesson to keep to actually true technological advances and not fairy-stories.

Thats why hodling is much better than trading for persons without experience in it

Definitely right, but for some reason why people aren't just satisfied in holding alone because they want to gain more and that it brings them to try trading. But it was an unfortunate scenario that most new traders have been attracted to HYIP just like what it happen to OP and make them lose. Besides being attracted, we can't deny also how greediness drives into this and that is the possibility for OP's big loss.
That is very important to think wisely and act smartly. HYIP won't make us profitable but instead, it brings us to lose.

Thank for sharing your story. I also had history of taking part in high yield investment program a long time ago but it was before I got to know bitcoin. This was when Liberty reserve was one most common e-currencies. I lost some of my money to this scammers and the rest were lost on the Liberty reserve platform when it was seized by the United State Government. So I learnt long time ago not to take part in fake and Illegal business. In fact it was an eye opener to me because when you have mastered and take part in HYIP, it will be less difficult for you to quickly know a scam projects.

Choosing to invest in altcoin rather than bitcoin to me is also involve risk. You cannot be certain that you will make passive profit. I believe there is a sort of karma in trading too because sometime you make profit continuously and sometime you lose continuously but the most important thing is to learn from your previous mistakes in order to be a better trader.

Believing the hype about tons of altcoins, plus "trading" without having any clue what they're doing (no stop loss?!) are the two biggest "taxes" on newbies entering this space, and in investing in general.

Hopefully you will have learned your lesson and move accordingly.

If you have friends entering the space, share your experience. Each one, teach one.

I am sorry for you but HYIP are ALWAYS scam.
Investing btc in altcoin market is very risk, most of these alternative projects are just a waste of time and after a big HYPE price go to 1 satoshi :(
It's a common error, try to find the new bitcoin. This happens because people doesn't know that most of these coins are just clones and there is anything that add a real value.

try to see the positive fact, you have learned a big lesson that worth around the same amount you have lost.

 

I will never trade my Bitcoin for alts, whatever happens I will keep it secure and safe. If I do need to buy alts for trading I will use fiat for it. Bitcoin cannot be replaced by altcoin and it is a myth that if you trade altcoin you can generate more Satoshi. Your example clearly proves my theory.

I was one of the victims of HYIP programs way back the time when I was just a neophyte and assumed that HYIPs are real thing. Fortunately, those scams never took all of my money so I was able to make recovery later with the help of cryptocurrency. I am sad just reading your story and thanks for sharing this one...this should be serving as a big warning to new entrants to online investing so they will not easily trust the things they read and never be persuaded by empty promises.

If Bitcoin wants to stay dominant, people better start adopting the Lightning Network, given its steep fees whenever the prices go high.

Now I have to pay 30K sats just to withdraw from FBC.

^ Definitely a sad story, I don't want to hear about losing in trading/investing. I understand that sometimes we commit mistakes and surely no one will do it intentionally especially when it comes to our hard-earned assets since, the mistake is done at least you have learned your lesson and sharing it to others makes you a better person for you don't want anyone to commit the same mistake as you did.
Sometimes we tend to be eager in earning higher profit like what you did investing to HYIP or buying altcoin and by doing it we tend to forget that home base (bitcoin) can also give lots of opportunities and stability which you have missed so better not to entrust what you have to something which has not proven anything in the crypto world. Nevertheless, I normally do such thing as you do to earn a little profit by getting paid through bitcoin on the products and services I provide to someone though it is little I am pretty sure that it a profit that would be added to my assets.

He probably had a lot of alt accounts joining multiple bounties and other tasks over here. And yeah, he is breaking another rule by evading ban. Good find over there.

To OP, too bad you lost most of your coins by doing bad investment. People have been warning everyone about not taking risks by joining HYIPs since they are all scams. You are always left with nothing the longer you stay.

I think what you lack is research. From what I've read, you are not trying to know first the things that need to be done before you do something, that's why you lost a lot of money even though you could have avoided it if you only researched it in the first place. Although it's an unfortunate event, there's still a good thing about this. You learned your mistakes and you learned a valuable experience that you could use in order for you to judge right and lessen your mistakes in the future.

Well, there's nothing you can do about it now though. At least you shared something that newbies should avoid. I hope you are doing well now OP  :)

By the way, avoid something that will harm you in a way. Looking at above post, you did something that you should not have done.

At the beginning mistake could happen, you can learn from your mistakes. Although I didn't invest on HYIP but lots of my friends invest on it. But bitcoin introduced to me by PTC site. I didn't trust any quick earn methods and that's why luckily didn't lost by HYIP or revnshare (overall). On the other hand when we enter on online world first time we weren't aware about online scam and how its work. So day by day we will have to learn. Anyway glad to see that you have realized your mistakes and learnt from there.

Regarding altcoin, all holders become beggar now including me. Also this is a lesson for me, basically we can't learn without losses since we don't have a good mentor. Big mistake in my life that I hadn't sold my bitcoin on ATH and lost a lot. Get lesson from the past would be best solution for us and go ahead with patience. Greed is the main prevention on our success which have to leave for forever. Then we can reach our goal.

HYIP is too good to be true all the time. Back then, such HYIP sites were able to scam a lot of people. It has been a while I have seen someone is talking about losing money on HYIP. People who have good knowledge on crypto can be fooled by HYIP sites; I wouldn't believe if someone wouldn't say directly.
Nevertheless, you have learnt the lesson. I would adviae you only start trading once you have ssufficient knowledge on crypto and different TA etc. Otherwise, be HOLDer, dude. It will save a lot of your losses.

the problem is not with trading or holding. the problem is with WHAT you are trading or holding. in fact OP lost money because he was holding altcoins!
and he is not alone in this. i dare say 90% of the newcomers in 2017 and 2018 have lost a lot of money to altcoins. because they came in and saw a lot of fake advertisement promising them bright future while selling them garbage. the rest is history...

Sadly but this is the trader's life. I same to you because I have great faith to some crypto like NEO, LTC or ETH. And, as you see, I lost almost 60% my balance because hold them. Now, When I have some experience, I guest anyone needs set stop loss when buying anything If you want to earn profit in this market

You tried to make a lot of money in a short time and without doing anything. Everyone should know that this is impossible, and all such opportunities are just scams that lure people with unrealistic promises. If something it too good to be true, it is most likely a trap, this is the most important lesson when it comes to money and the internet.

I also learned the hard way. Not as hard as OP but still things did not go the way I wanted them to.

I wanted to buy Bitcoin but I was under the impression that it's too expensive and that I need to have a Bitcoin to fully benefit from it and I barely had enough to buy one at the time so I turned to altcoin trading and investing and barely made a profit. Once I earned on one coin I lost it by investing in a different one.

My advice to you all is once you get some BTC don't risk it! Hold it!

The thing is, you have to make mistakes to learn from your mistakes. You can warn people about the dangers of Ponzi schemes and also the

 risks associated with Alt coin trading, but there are no guarantee that they would listen to you.

We all followed a similar route on our journey, because we are all human. Greed is part of our lives, so once you get a taste of Crypto

currencies you are driven to accumulate more and more and you sometimes take bad decisions because it looks like the quickest way to get

 to that next coin.  ::)

There are no quick way to become rich, you have to work hard and be smart to reach your goals.

Like your life, a lot has happened in my life, I have lost a lot in this crypto world too, I first heard about online income in 2016, then I invested 5 in a Bitcoin Level site, later when I referred 1 person, to my account Again that 5 $ was deposited, there is no profit or loss here, then I invest 100 এ in a Revenue site, the name of the site was, Mypaingada there I lose my 100,, because a few days after I joined the site scam , Then I lose another 250 $ on different Hype sites, because of this loss for many days, I stay away from Online, come back and work on Ptc sites, but I could not earn a dollar from there, but I lost another 40,, After that I did mining for 3 months on a site called Bitminer, but when I went to withdraw, they said to upgrade, then I upgraded with 45,, but there was also Loss, then I heard about this talk, came to talk and learned to work from someone, and While learning to work I got some good payment which would be around 60-70K usd, but then I knew how to exchange No, that's why the person I learned the job from had a name - "Dip Isfaq" I told him and gave him the Privet key, then he left with everything I had and more in my Coinbase before leaving. 1K btc usd was all he borrowed, he went offline, he still didn't give me a penny back, now my condition is very bad, but I'm working again hoping for luck and god, I can't get anything good yet but I hope to get it. This is the inexperience of my life !!!

My opinion is that it is not given to everyone to successfully engage in trading. Let's say I can't do it. Therefore, I try to adhere to the hodl policy, especially in relation to bitcoin. If you would calmly accumulate bitcoins for your work, then I can confidently say that you would have earned much more than doing diversification.

What happened to you was pure greed. You wouldn't have lost a lot. You had a job even though you didn't state what type it is and you earn 0.1 daily. That is a lot from where I'm from.

Investing in HYIP is what I will never advise anyone to do. Luckily, early birds enjoy before it stops paying. But micro tasks was a good option until you decided to state buying altcoins which is a wrong choice. What you need is to do more research before taking steps. You could have asked on this forum.

As the market is unpredictable when bitcoin fell to $ 3,618 in December 2018. I also had a portfolio with altcoins, all projects were in full development and the price of their tokens fell and they never recovered. I lost $ 1,000, which for me was a good amount.

Greed is common in most crypto users. But they will only learn their lessons well when they lost a huge amount of money. Also, earning 0.1 daily is really big, though he doesn't state what kind of job he was doing to earn that amount. Also, HYIP projects are mostly scam projects, they are only good at the start but later on they will be abandoned without notification from its subscribers.

And yes, buying alts instead of investing in btc, it is a matter of choice of the alts that you will invest. Very few can give you good profit, whereas, we all know that btc market has strong support and you can never go wrong with it. Just practice the simple rule of trading, buy low sell high, and you know for sure that there will always be btc market.

What you said in the opening post actually happened to me too. Although i'm loss is not up to 50%, it is possible I've already lost
30% of bitcoin. Apparently I am following in your footsteps by following several HYIP investments, and also I trade a lot with altcoins.
It is true as you said that makes me lose bitcoin up to 30%. And I also agree to avoid HYIP investment, because that will make the
bitcoin we have lost a lot.

This is why I invest on my own and never trust any investment scheme. If you are able to earn bitcoin that much on every micro works then keep going and start learning how to trade on your own with a lot of precaution this time. I still go for bitcoin and the top altcoins, we are losing because of our own will and strategies so you might need to change your strategies a little bit.

Just like the name HYIPS; high yields investments platform are known for their risk as well and only few people do survives the risk that comes with it. I'm really sorry your portfolio get burn halfway, i before you've gather enough knowledge to come back stronger

Good realization mate :). I'm glad that you learned a lesson from that bad experience. Forget the losses because you can gain them once again. The more important thing right now is you know to yourself that you won't ever do it again.

Actually, I am once a victim of those HYIPs. I can still remember that time, that was last 2017 when bitcoins price is booming. I have read about that site from FB pages and showing their current balances  They already have a decent amount of money that's why I'm encouraged to join the boat as well. I invested for about $5 (as far as I remember, good for me it was small amount only) to increase my hashrate. Then after few weeks, Boom! The website shut down. Fron now on I never ever trusted from HYIPs again ;D.

Thanks for sharing your story, it would be a lesson for all the beginners here who are planning to do trading someday, they should know that trading is risk-taking, they should try it if they don't want to lose their money.

Knowledge and skills are really important when you do trading, beginners mostly end up losing when they try it without enough knowledge on it. It is better to do holding when you are a beginner you at just going to wait for the bitcoin to goes high so your money would have profit someday
Well said, but investing is also risk-taking, they shouldn't try it without enough knowledge, better to have enough knowledge and skills before trying both easy of earning money.

I think that the only reason why you lost your BTC is greed.
Greed makes people blind.Greed makes people lose their minds and it makes them believe in the most stupid scams in the history of scams-The high yield investment programs(HYIP).I'm glad I've never "invested" my Bitcoins into such scam.
Trading altcoins is as risky as gambling and I wouldn't advise you to keep trading altcoins.
Making mistakes is a part of gaining experience and practical knowledge.Even I make mistakes and bad decisions with my BTC,even though I consider myself an experienced crypto user.
Keep working and never surrender,OP. ;D

That is really a sad story, losing your money for a short period of time is really disappointing, I experienced that thing before when I was a beginner, I lost my 0.01 BTC before when I try to trade, I was a beginner on the one because of what I have watched on some videos, it seems like easy money because they earn money so fast, with just a small capital they earn 10 times of it, which is really big because it's hard to earn like that with small capital, but upon trading I realized that its not that easy because I am losing my money. Being a beginner in trading would lead you losing your money.
Well said, there is no easy thing when talking about money, you have to work hard for it. It needs knowledge and experience before you earn a big amount of money, do not dream of a big amount of money when you are doing nothing.

Realizations do always come in the end and people wont learn if they wont experience those mistakes.Im not saying its necessary but most likely you would end up on experiencing it because we arent that too knowledgeable when we do just starting up.Me too do have lots of mistakes in the past which doesnt only lost 0.1 btc but even more but still those things are already charge to experience and a we go after the years on this market
we can already lessen up the risk of committing mistakes which causes of loss of money since we are already aware on how things work. Golden rule here on this market "If it sounds too good to be true, it’s probably a scam"
We should always put up on our mind that easy money doesnt exist here and still need some work and proper analysis and knowledge.

My first earnings of bitcoin from paid-to-click sites and faucets, and it's a good way to earn from it because i don't have much enough knowledge yet for alternative ways of earning free bitcoins. Upon doing research, i ended up on HYIP too and it really hooked me because of great returns of investments without knowing that i already fall for scam scheme trap and it's too late to get by bitcoin back. In the end i lose all my bitcoins and really regretting i joined without digging before engaging on HYIPs. Experience will always be a good teacher and regretting something will always be in the end.

Both investments and trading are risky and you should not involve in them unless you are not expert. I do not invest in hype but I also have lost  lot of money in trading. The problem with us is that we want to earn a lot of money from trading but do not care to learn it first. Trading is a skill which needs to be learn first.

People very often talk about experience and knowledge on this forum, how they can help you make money from trading and investing, but I personally believe it's quite harmful. The reason for this is that newbies very often think that after doing a few weeks of their own research, which is likely just reading some poorly-written articles and blog posts, they become expert traders, investors, gamblers and so on.
The thing is, you need to be a real genius to make money from something like trading in a market like crypto, where there's so much manipulation going on, and where everything is purely speculative.
Better to earn money with honest work instead of wasting time and falling victim to scams that promise fast returns.

My first free earning of Bitcoin is from my conversion of Tokens to BTC paid by the company i worked with.

But my first ever handed Bitcoin is from my investment when i bought from my own pocket and started gaining more and more for 3 years now.

i have not Lost from all my investment though some of my altcoins are falling now because as long as i have them in my wallet they are still intact like when i last bought them.

It's sad that some people consider HYIP and investing in 'promising' altcoins as a way of earning with no efforts, instead they lost bitcoins. The only reason - the lack of rationality.

Trading is really risky, you would lose four money if you do that thing without proper knowledge, so in order for you to prevent loss from trading, do not try it when you are the only beginner because the trading needs knowledge and skills for you to earn money from doing it. So as advise, try to do some research first before trading, you should acquire skills and knowledge first before trading,that is what you really need first before you try trading.

There are many people who lost their money by trading because of being lack of knowledge on it.

I am just quite curious why you lose a huge amount in trading we all know that even you are not a pro in trading there is a chance that you will win your games because of having a good knowledge and skills I'm not judging you I think you just need to have a lot of knowledge in terms of trading also do not trade that you cannot afford and once of my conclusion because you lose I think it is on your margin trading it is too much. One of the best things I highly recommended is avoiding getting trade for the meantime and also you just need to do right now is back to the start what are your mistake what is the cause why you lose on your trading and be careful again to the things you made.

It seems that this thread is more precisely on the trade discussion (https://bitcointalk.org/index.php?board=8.0) board, and the OP can consider moving it.

OP, many investors or traders have the same fate as you, even though we dont know the true amount. HYPE is not new to produce problems for traders. Without good analysis, everything will be destroyed. Losses and profits are reasonable in trading, but to make a profit a trader must do a good analysis.

You should learn how to trading first before trading without any knowledge and analysis. It is why you loss so much money, because you not use it wisely. Also about HYIP, don't easily trusted the project offering too good to be true scheme.

That is pretty hard when you can't able to understand and read charts. We're not just good to market analysis but we must have a good approach to every market changes it happens. But to the fact that we can't be good at all times and could not anticipate the market flows, that is the reason why we suffer losses.

Certainly, we can't be in trading if we really don't understand what we are doing in the first place. Losing is a thing that can't be avoided but it can be minimized if we know how to control ourselves.

Cryptocurrencies are a trap-filled school, you can lose your entire fortune if you're not careful. It is simply that you log into a scam site, identical to the project's official website, from which your Private key is revealed and the hacker will transfer your entire property away. It is also investing in a scam project - projects committed to very high profits, up to 20% -30% / month, you "blurred vision" with that number and investing in will lead to losing blank that investment. It's also your trading through uncensored news channels, fomo - into pumped cryptocurrencies - buying at the top, selling at the bottom or not even having liquidity ... These are just a few reasons. cost you money in this market. Therefore, if you want to make a profit, do your research before making any decisions

The current site that you call it HYIP is completely scam, the see the daily volume is high, then del the site, but if it honest HYIP then this will be too profitable, for all sides, but there is no.

HYIP At Now, can also be called gambling, with percentage of 50% lose, then you have 50% to win.

Just i think, they see who have referrals, then take ref's money, gives it to who prefer(main).

Wow, you earn a lot, 0.1 bitcoin per day makes you earn 3 BTC per month. I just don't understand why you are not satisfied with that, instead you invested in HYIP, you must be investing with a lot of money here to earn 0.1, may I know how exactly you did that? I'm just curious.


And this one is quite confusing to me, your portfolio touches 0.1 btc while in you claimed you are making 0.1 btc per day before you shift strategy.
I am wondering how much is your capital.

It could be negligence though but the experience is still our best teacher and learning your sharing the lesson you've learned is heroic because not all can easily admit their mistake and share it with everyone.

I am also doing some things as you do like selling products and services and made me paid by bitcoin for a sure earning. Even though trading can provide us higher earnings but it also makes us more susceptible to risk and may lead us to failure. I cannot blame you either on what you did for every one of us in the bitcoin world who are struggling to achieve our goal in the soonest time possible.

Trusting to the one which you have been with and proven by many will be an advantage instead of trying other things like altcoin or investing in HYIP  that you haven't tested yet it may either make you lose or missed opportunities in your own home base which is bitcoin.

That's true in some aspects I guess. But for me, holding has made me lose 50% of my portfolio, which sucks.

I agree we must do research and study the market well.  Even in a Bitcoin market we should  familiarize ourselves in trading, the signals, charts, news, hype, and FUD.  This indicators can tell us where the price will go.  As of altcoin, you should never trust 100% any projects may it be old or new.  We should also keep ourselves updated and always set up stop loss so that whenever the price of a certain altcoin we are trading goes down we can sell them at a reasonable loss.

As of the HYIP, I always avoid that scheme.  It will highly not give us a good result, may it be with friends or money.

Yeah there is no need to be a Pro before getting profit in trading but remember that we must have skills,enough time,Knowledge and the most
 important thing is capacity to engage whenever there is a losing season,i mean when you constantly chosen the wrong coins to invest with.
and also there are some traders that uses some Bot to at least lessen the opportunity to lose.

If you really want to Gain in trading then better spend more time first before you decide to enter daytrading because for the 20 person that
i have known who enters trading the gainer is only 5 ,and the 10 already quits and the 5 is still struggling to gain and win

If you can't make profit in trading ,try HOLDING maybe you'll find good enough reason to make money inside crypto

I also would not say it as something easy. Trading is an attempt to make a profit, and we must sacrifice time and money to find the best way to do it. It takes time and energy and money so that trade will produce something valuable.

You are right, besides having expertise in market analysis, self-control is also very necessary. Mastering emotions is another important thing in trading. Price fluctuations are the main cause many people fail to control emotions.

You should always trade in altcoins with supreme care as they are highly volatile and especially the low volume ones, their price can easily be manipulated by a person or a group of people and if your timing is wrong in entering that market then you are left with a bag of worthless coins commonly known as shitcoins.
Also the basic trading analysis is must before doing any trade in a market as if you don't do the homework then it will be equivalent of throwing your money away.

Hodling isn't good in overall for people. Imagine you have one billion and don't touch it vs you invested one billion in business and create jobs for people. Which one is better? To my mind, second one. I know that your revenue grows without taking much risks but for society, I prefer second one, where the money isn't in stuck and it's in actual circulation.

Also OP, the problem is that a lot of people don't analyze that when you lose, someone wins. And another major factor is that people don't analyze again that not everyone can become professional footballer, basketball-player, etc. Same applies to trading, not everyone can become a professional trader. If it's not your job, just get out from it and do what you can do better.

Well, it's still not too late to get back up again OP, just put that mistakes as a way to not gonna fall again to the same trap. And also, trading in altcoins is a not a good idea anymore because most of them falls in the long run and never get back up. I think you already know that since you are doing some trading but if not then the fault is in you that you did not do your own research. Every altcoins traders are more in risk of losing than Bitcoin traders.

You just made a mistake, although that's really a big loss, everythings gonna be okay, just let it go, don't think about it over and over, you can start again. Just make sure make good decision this time. You should learn from your past mistake and don't trade with something you don't know and lastly, don't trust HYIP, they don't really guarantee big ROI but rather loss of money, so be careful.

same as you, I have also experienced a loss in value of assets may be more than 50%. Many mistakes are made, trading without regard to the risks and do not understand the science of analysis and fundemental. Fooled by HYIP investment has also been and even not just me, people who are new to the crypto world will definitely feel it. Managing mental and emotions when trading is very necessary, do not panic when you trade and buy altcoin then the price drops dramatically, it is better to wait for your target to be reached rather than just doing cutloss that will hurt you. All have unpleasant experiences in crypto, but it's a lesson that will make you get up to go again.

It's really so sad seeing oneself lose while on trading adventure and i believe everyone has had that experience no matter how little. The current market condition is very volatile and unpredictable making it very dangerous to trade and that's why a lot of people have abandoned trading for quite sometimes now and focused on holding some of the major coins and tokens because one thing is certain in this space, there will always be up and down movement and once you get yourself positioned when the price is at the bottom, you sell off and take profits when the price increases. Thanks for sharing your experience, i believe many people will learn a lot from it

Some little things that we see as not important like high fees / not setting up stop loss or using exchanges that dont have stop loss option
Trading also without scaling risks
All these things can make a huge difference
My suggestion is always " don't invest what you you can't afford to lose"
Sometimes we trade on impulse and that can be a huge problem

We have all made some mistakes when we were firstly introduced to the crypto market.
I was scammed in a HYIP even though I had some thoughts that this program was a scam. We are made to be greedy and crypto attracts a lot of people because the market is volatile and many people believe that they are going to earn a lot of money from that.