PLEASE LEARN HOW TO USE THE ORDERBOOK AND BE VERY CAREFULL BEFORE INVESTING

[panosgr83]

THIS IS THE STORY OF HOW I LOST HALF OF MY BTC INVESTING ON BITFUNDER.

This is how the story goes.

I was looking bitfunder for shares to buy. And went through each stock. In order to find the best big thing for me. I really trust asic miner but I believe smaller companies have a higher yield for profit as price is more affected from transactions wich is good for short profits....Anyway I used to have 5 ASIC miner pt shares but sold all of them initially to buy TAT.ASICMINER
shares by TATInvestments


After reading this thread about RTM shares
by rastapool:

https://bitcointalk.org/index.php?topic=77121.0

I thought to give it a try. Initially I bought 2 shares for the price of 0.42869978 BTC only to see the price escalate to 0.69100000 BTC Currently I own 18 shares on address:

14Q9ftxhJpCyUYtxo38GVnD7sX3b122nQt


You can verify that I own the assets here:
https://bitfunder.com/assetlist

I even got my first 0.00226576 BTC in dividends!

What happened though,,, made me panic... As soon as the amount of btc dropped from 11.95 around to 7.5....
I freaked out and wanted to widrow forcing the price of RTM from 0.43 btc to just 0.20 btc.... leaving me with just 6.63 btc

and my right hand pounding against my forehead!!!!

I surelly learned a valuable lesson though never put your money in one basket. It's better to earn less that to loose it all!
Also, please study who the holder of the shares is, and find out whether he can keep up his promises before investing in his shares.

Perhaps this topic could belong to a new thread called Experiences from failed investments when everyone who lost btc can
write down his own experience for readers and future investors to read, study and hopefully avoid making the same mistakes
I did.   

Sorry for the bad English!   

[1713523785]

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[BitHub]

lulz, no.

[panosgr83]

  I'm just thinking... That I probably sold the best shares I could ever had... Asicminer pt shares....which I bought at 1.45 and sold them for 2.40 btc in order to buy RTM shares....I paid 11btc for shares that if I sell them right now I will only get 7.50 btc.

Ohmg that must have been the dumbest move I've ever done....

[panosgr83]

Just lost 50% of my btc. 

[stereotype]

Just lost 50% of my btc. 

Was that you selling down to 0.2000?

[Coin4me]

No

[smoothie]

No.

[🏰 TradeFortress 🏰]

Try reading what it is actually about.

[panosgr83]

Just lost 50% of my btc. 

Was that you selling down to 0.2000?

Yes unfortunately that was me.....when I saw my btc falling from 11 to 7 I panicked....
And tried numerous times to wihdraw.....

A rookie mistake......

[Eric Muyser]

I panicked....

Try not to do that....

[stereotype]

Just lost 50% of my btc. 

Was that you selling down to 0.2000?

Yes unfortunately that was me.....when I saw my btc falling from 11 to 7 I panicked....
And tried numerous times to wihdraw.....

A rookie mistake......

Well, that was a lesson in understanding an order book wasnt it? 

Hope you are able to understand what compelled you to do that, and recover.

[panosgr83]

I'll recover... I'm sure it will just take me about a month to recover. Unless asicminer starts retailing their USB miners....In this state the price of shares will surelly skyrocket... A good thing is also that btc is increasing in value.