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Author Topic: I lost all my bitcoin  (Read 1339 times)
btcmurat
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January 26, 2020, 10:11:46 PM
 #101

Unfortunately, this situation is very painful. This market can happen to anyone who trades. Hasty investments can hurt you. If you trade with money you don't need, this will cause you less harm. However, you can be very upset if you invest in the market that carries great risks with all your money.
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January 26, 2020, 10:56:26 PM
 #102


Going short or long has got me so much money but at the same time, it makes me too bold.

I often do short trades to increase the number of my coins. But this method is too risky. Because you can also lose a large amount of coins. So, I suggest you do not do short trades too often if you want to minimize risk when trading.

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diahsw
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January 27, 2020, 12:45:26 AM
 #103

it is a risk, if you are too brave to eat you must also be prepared to accept the risk. so don't feel guilty, but it's good that you feel stupid, because you don't think carefully about something ,,

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January 27, 2020, 01:16:27 AM
 #104

That shouldn't happen because the market allow traders to decide to win or to lose, it is in the matter of selling your cryptocurrency at the right time. In such a case, you shouldn't sell your bitcoin at lower price if you really want to earn. This is the problems newbies in crypto is doing. So to make things better, next time, try to diversify not the kinds of crypto you will buy, but consider buying bitcoin at different price levels. In this case, diversification of buying time frame will help you to avoid losses because buying dip and bull balances your assets.
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January 27, 2020, 08:17:27 AM
 #105

I have been frustrated like you for losing all the bitcoin that I have. All you need to do is stay calm, and never give up on bitcoin trading again.
You don't explain why you can lose all the bitcoin you have, but in my opinion you are wrong when used a strategy so experience a substantial
loss. Or it could be that you are too greedy and can not control emotions when trading, can cause you to lose all the bitcoin you have. Whatever
the reason is the most important you try to correct your mistakes, and start learning trading strategy correctly. So I'm sure in the next opportunity
you can make a profit to replace your lost bitcoin.

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January 27, 2020, 08:21:36 AM
 #106

Unfortunately, this situation is very painful. This market can happen to anyone who trades. Hasty investments can hurt you. If you trade with money you don't need, this will cause you less harm. However, you can be very upset if you invest in the market that carries great risks with all your money.
all traders who still have a little experience will definitely experience something similar like this because they are very susceptible to scams or phishing which makes them lose all of their assets even more so is the loss of assets due to wrong address sending because of inaccuracy, before making a shipment or transaction with using cryptocurrency you should be able to examine the recipient's wallet is suitable or not.

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January 27, 2020, 08:53:40 AM
 #107

Unfortunately, this situation is very painful. This market can happen to anyone who trades. Hasty investments can hurt you. If you trade with money you don't need, this will cause you less harm. However, you can be very upset if you invest in the market that carries great risks with all your money.
all traders who still have a little experience will definitely experience something similar like this because they are very susceptible to scams or phishing which makes them lose all of their assets even more so is the loss of assets due to wrong address sending because of inaccuracy, before making a shipment or transaction with using cryptocurrency you should be able to examine the recipient's wallet is suitable or not.
Almost trader ever lost their money with trading in bitcoin or altcoin, how expert some one manage which one coin have to invest keep get wrong prediction with their coin price, always made mistake when choosing with coin trade and invest, how many time ever your lost assets in bitcoin and altcoin trading?
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January 27, 2020, 09:19:30 AM
 #108

talking seriously that's the risk u take
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January 27, 2020, 10:01:03 AM
 #109

I don't see the connection of your title to what you want to ask. That's your money and you can continue your plans of holding it. Determine yourself for shorting or going long right now. You can diversify as much as you want but the very tip that I'll tell you is don't leave your bitcoin investment and never sell all of it. Sell some for diversification but still allocate an amount for a longer time so that if bitcoin ever pumps again and grows naturally, you still have something to get.
Quitting is never a good option, but as you have already experienced a lot in this market you can excel in many ways. As in diversification, you will determine percentages for the distribution of different assets. Diversified investment will reduce the chances of risk and increase the chances of success. You should go for the diversification it will benefit you both in short term and long term investments.
If bitcoin has never been good to a person, quitting is an option and probably the best that they can. We, who are living already on this market can easily say that quitting is not a good option. But for those people that has not been fortunate with bitcoin, they have all the means to quit if that's for their good.
Quitting doesn't mean that you are weak but it's also an option for us to choose if we think that it's no longer profitable and beneficial to us.

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January 27, 2020, 12:37:47 PM
 #110


Going short or long has got me so much money but at the same time, it makes me too bold.

 

Now what?

Stop doing it? or Start diversified investment in Stock?

or Not at all?
I am still struggling to understand the connection between your post as the OP and the topic title you have here. Am I the only one trying out this puzzle?

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January 28, 2020, 08:34:35 AM
 #111

let me guess, surely you do leverage trading, leverage trading can indeed maximize profit, but the risk is also very big, very not recommended especially for beginners, in this forum there are many who trade bitcoin but don't lose all bitcoin, so far my bitcoin is still okay, because I trade normally without leverage.
Due to lower profits in spot trading and hence he might be one of the leverage traders. This kind of trading is really much riskier but it also gives huge profits. It is somewhat similar to betting as you said as we actually need to predict the price to short or long our orders.

Ordinary trading can too give us profits if we diversify our capital into some high volatile coins and then start trading with them in the high volatile markets. This might also start being an hobby as you would need to start gaining interest in speculating the graphs all the time to make you even more closer to the markets and gain more profits.

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