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1  Other / Beginners & Help / Re: Bitcoin: Understand how to use your coins on: November 03, 2021, 04:05:24 PM
Hey everyone.

I'm not new to the market.
I'm new to a forum that values ​​knowledge and the revolution that bitcoin has made.

For people who questioned the post: My intention was not to narrate in detail my story.
At the time I wrote the first message I was desperate and extremely upset.
I'm still upset, of course, but I'm getting up off the ground to continue my life in a different way.

My investments started in 2020.

I didn't have $150,000 in 2020. With investments in crypto and capital from other businesses I got that amount.
I made a lot of mistakes! I see that I was greedy and ventured into the futures market at Binance. I lost this capital during 1 year and not all at once.

There is a difference between insistence and perseverance. Today I understand that I insisted on a market that only brought me worries and financial losses.

If I had saved my bitcoin and my other cryptocurrencies, today I would definitely be over $150,000.

You don't have to believe my story if you don't want to, I know it's hard.

"How did this idiot lose so much money?"
"Why didn't he stop sooner?"

You can question these things because I would question that.


For those of you who have actually read this far, I will now explain my story.

I'm 22 years old, I'm from Brazil and I've always studied capital markets...

My parents are divorced and I grew up with my grandparents. I always looked for a way to earn money so I could help my family.

Well, I worked with a lot of things in a short time. I was never stopped. I made a lot of money from real estate sales and auction negotiations. But the pandemic broke 100% of the businesses I was building.

I already had investments in cryptocurrencies but I decided to enter with practically everything I had. I was desperate.And in desperation we make stupid decisions.

I started winning... But I didn't believe in the power of time. I needed more to be able to raise my business.

So I went to the futures market. I started putting a small part of what I had in my wallet.

I didn't know how it worked properly and I lost everything I transferred.

I wasn't satisfied, I didn't accept losing. In the business world we do our best to make things work. But the futures market doesn't work like that.

I was transferring funds every time I lost everything. I liquidated part of my coins to put into futures. yes this is stupid...

I won... But I lost more. I studied technical analysis, took courses and trained myself to better understand.

But it was no use anymore. I had already lost a lot of money. This money was from my business and I couldn't recover it with the rest of the money I had.

My last loss was two weeks ago. I used $3700 with 20x leverage in an extremely dangerous market move.

Deep down, I already knew that this was the biggest bullshit. That all this future market is a big nonsense and that it led to bankruptcy.

But you know? We sabotaged ourselves all the time and I accepted to sabotage myself.

I know how much it costs $150,000. I missed them. I know how much time and effort it took to have this available and I screwed up.

No one told me to buy, no one told me to go to the futures market, no one told me to use all my funds to try for greed.

I did it alone. And my main intention in this post is: Don't do shit!

Believe in time and think if your actions are not self-sabotaging you. Everyone deserves to be happy and achieve financial independence.

But that just depends on you and no one else.

Thank you all for your words of comfort and not judgment.

And sorry for not respecting the amount of words per post.







2  Other / Beginners & Help / Bitcoin: Understand how to use your coins on: October 27, 2021, 05:33:31 PM
Hi everyone!
I really wish I had found this forum sooner.
I'm here to tell beginners: Beware.
I lost everything. All coins and all my savings.
Why?
Because I didn't know how to use my coins.
It all started with discovering the futures market. High leverages!
That sounded interesting: Earn at high more than 10x more.
Don't believe it.
I lost my coins because I wanted more than time could provide.
I wanted to be smart and I was the dumbest guy in the world.
Believe in spot, believe in your bitcoins And believe in the power of time.
I lost about $150,000 for wanting to be faster than time itself. Don't be stupid like I was.
Save your coins and have a decent future.
Thanks for reading.
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