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Author Topic: Why Do I Always Lose Money on BTC!  (Read 3928 times)
Vaskiy
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October 13, 2017, 12:09:07 PM
 #41

OVER 5300 already. I bought at 4400 and sold at 2900 within the past 60 days! What the hell. I will never figure out these markets. What are the secrets to MAKING $$$ off this currency not just losing it all Sad Thx all
Dude how can you behave in such an immature manner. Like people should atleast have common sense while investing in btc or anything. You are the dumbest person I have seen in this forum and you want an answer to your mistakes?
This is something annoying. People don't have trust over it and lacks in understanding about the growth. This is the reason for such a selling on panic. Another person who who bought around $4600 is now making a big profit as the price has moved above $4600. Here holding is the best and the key factor.

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October 13, 2017, 12:09:17 PM
 #42

Seems to me like you wanted to make some quick bucks and made a little investment, you didn't do a proper research about how Bitcoin works, got scared when priced dropped and game over.

Seriously, if you would've made a little effort to look up some articles about how the bitcoin market works, the prices or anything related to "invest on bitcoin", you would've bought more bitcoin at 2900 and you'd be laughing right now, or for the next couple weeks for that matter seeing how we reach a new ATH every day now. But, it's never too late, you can learn from your mistakes and buy again, believe in the long-term invesment your making.

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October 13, 2017, 03:09:38 PM
 #43

OVER 5300 already. I bought at 4400 and sold at 2900 within the past 60 days! What the hell. I will never figure out these markets. What are the secrets to MAKING $$$ off this currency not just losing it all Sad Thx all

My advice is don't be easily panic and sell immediately if there is a situations like China ban and JP Morgan criticism on bitcoin because i think you just easily decide to sell your coins on that day. I hope you have learned your lesson of the past so that if it will may happen again in the future you already knew what to do. Don't lose your hope bitcoin will become $10000 for the next year so lets be on board now while its not too late.

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October 13, 2017, 07:28:30 PM
 #44

OVER 5300 already. I bought at 4400 and sold at 2900 within the past 60 days! What the hell. I will never figure out these markets. What are the secrets to MAKING $$$ off this currency not just losing it all Sad Thx all
Why did you hurriedly sell it?  Bitcoin is a highly volatile currency, holding it  probably for more days could have resulted to more profits, trading bitcoin requires patient and  always trade without emotions and fear this are some of the psychological challenges that need to be overcomed for successful trading of bitcoin.

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October 13, 2017, 09:06:13 PM
 #45

I believe "Newbie 937Crypto" is just trying to get some attention.
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October 13, 2017, 09:34:41 PM
 #46

In trade bitcoin you must have a mature decision to not happen like this losses. Trading without a strategy is the same you remove your money. Trading should have basic strategy in order to minimize losses and get a great decision.

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October 13, 2017, 10:03:55 PM
 #47

When you sell for less than you have bought, you will of course lose money. If you have not the nerves for downswings then you better look for other types of trading. Bitcoin steadily increased since its introduction with heavy temporarily decreases but it always recovered and we have reached its all-time high recently.


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October 14, 2017, 01:46:33 AM
 #48

Before complaining about losing money in bitcoin, you need to make sure that you ask yourself first. Try to ask yourself if what are the things that you are keep on doing in bitcoin that resulted you for losing money and that is what you need in order to determine the answer to your question. If you already know what are the root cause then try to change them.


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October 14, 2017, 04:13:36 AM
 #49

OVER 5300 already. I bought at 4400 and sold at 2900 within the past 60 days! What the hell. I will never figure out these markets. What are the secrets to MAKING $$$ off this currency not just losing it all Sad Thx all

You're doing typically newbish mistakes.You need to study the matter before investing,at least basics.
This seems to me you invested with no idea or plan at all.I know it can be exhausting but I would recommend you watch some youtube videos.
Some of the channels I would recommend are Chris Dunn and BTC Kyle.They made some great tutorials for noobs and beginners,which helped me a lot at the time.
That will get you started to do further research.
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October 14, 2017, 04:23:54 AM
 #50

OVER 5300 already. I bought at 4400 and sold at 2900 within the past 60 days! What the hell. I will never figure out these markets. What are the secrets to MAKING $$$ off this currency not just losing it all Sad Thx all

To avoid of losing your money,you should not panic .when the price fluctuates to low value.Like a Roller coaster,their will be up's and down in bitcoin price.So,use to buy when the reduce as you said 2900$.It's time to brought ,not sell.This was the mistake ,you had done so.If the price reaches 4400 means,it's the time to sell not to brought.You had process Reversly.

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October 14, 2017, 04:26:02 AM
 #51

I don't get it why you'd sell your Bitcoins at a very low price, haven't you read or hear about the number 1 rule if you are trading? "Buy low, sell high", that's what most people that are into trading usually advices newbies. I think you should read more guidelines about trading because if you keep on doing the same thing, then tendency is you'll lose all your money.

   
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October 14, 2017, 04:44:48 AM
 #52

OVER 5300 already. I bought at 4400 and sold at 2900 within the past 60 days! What the hell. I will never figure out these markets. What are the secrets to MAKING $$$ off this currency not just losing it all Sad Thx all

Yes! I dont know why always lose bitcoin.First when my manager did not pay me ,secondly l didnt get again my pay on bonus coins.lm so frustrate but l beleived one day all my lose will give it back to me 10 times.l dont give up because there is a very morning for me for the best oportuniry in the future.Maybe l lose now but sooner l will be the winner.l keep on hoping wether there are many frustrations.Because l know in the end of it theres joy in the end for me.

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October 14, 2017, 04:47:33 AM
 #53

Because maybe you didn't look through. you didn't thought what will happen next, will btc rise? that's one of the problem for new trader or even just holders they don't want to loose money and not loosing money will cause you not profiting and just there pissed because you friends are now millionaires.
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October 14, 2017, 04:58:28 AM
 #54

OVER 5300 already. I bought at 4400 and sold at 2900 within the past 60 days! What the hell. I will never figure out these markets. What are the secrets to MAKING $$$ off this currency not just losing it all Sad Thx all

Yes! I dont know why always lose bitcoin.First when my manager did not pay me ,secondly l didnt get again my pay on bonus coins.lm so frustrate but l beleived one day all my lose will give it back to me 10 times.l dont give up because there is a very morning for me for the best oportuniry in the future.Maybe l lose now but sooner l will be the winner.l keep on hoping wether there are many frustrations.Because l know in the end of it theres joy in the end for me.

@ 937Crypto, You should begin to understand the bitcoin fluctuation rate, many influential factors, especially from the Chinese government and the negative opinion of CEO JP Morgan. You are stuck in a panic that is not really necessary because bitcoin will always go back up.

@Shutup, you not getting paid on which campaign? the signature you are using is still ongoing, and if the previous project did not pay you, there is usually a delay in the distribution schedule because ICO sales are not in line with the target.

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October 14, 2017, 05:49:14 AM
 #55

]
OVER 5300 already. I bought at 4400 and sold at 2900 within the past 60 days! What the hell. I will never figure out these markets. What are the secrets to MAKING $$$ off this currency not just losing it all Sad Thx all
At least you should analyse the statistics of the bitcoin from the past before you go for sale your bitcoin. Dashboard itself shows when there is a sudden dip in bitcoin value there will be a growth as well.

You should always monitor the market capability and active in this forum to be updated every time. people will share their own prediction and that may help you to decide.



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October 14, 2017, 06:00:24 AM
 #56

OVER 5300 already. I bought at 4400 and sold at 2900 within the past 60 days! What the hell. I will never figure out these markets. What are the secrets to MAKING $$$ off this currency not just losing it all Sad Thx all

Basically the answer is very simple, but hard to do "Read technical and fundamental, Don't Greedy, Patience".  This is a key for every trader

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Mpamaegbu
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October 14, 2017, 06:07:24 AM
 #57

OVER 5300 already. I bought at 4400 and sold at 2900 within the past 60 days! What the hell. I will never figure out these markets. What are the secrets to MAKING $$$ off this currency not just losing it all Sad Thx all

Of course, that is a Newbie mistake. Nope, I do not mean you are a Newbie here in this forum. You are definitely a newbie in cryptocurrency trading. If not, that error would've been avoided. Every trader knows that no matter what the price of Bitcoin will ALWAYS rebound after a certain corrections. Corrections are expected from time to time as long as the coin is subject to the dynamics of supply and demand. For instance, Bitcoin will expectedly take another major correction once the fork is over. Are you going to panic and sell off again?

Four things you should do:
1. Get a grip on your emotion
2. Read and watch news direction on cryptocurrency
3. Learn how to analyze trading technicals
4. Refer to Number 1. It's the key you need to succeed.



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rajsimran
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October 14, 2017, 07:40:58 AM
 #58

OVER 5300 already. I bought at 4400 and sold at 2900 within the past 60 days! What the hell. I will never figure out these markets. What are the secrets to MAKING $$$ off this currency not just losing it all Sad Thx all
WTH man? Why you sold bitcoin when it down 2900? Do you know what is bitcoin?  And how bitcoin works?  If you want make $$$ from this country need patience. Don't be panic seller. Control your emotion.
If you're in loss don't sell your coin. Just hold for long term.until profit don't sell your coin.And bitcoin price will pump more and more.

bitgolden
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October 14, 2017, 08:26:17 AM
 #59

OVER 5300 already. I bought at 4400 and sold at 2900 within the past 60 days! What the hell. I will never figure out these markets. What are the secrets to MAKING $$$ off this currency not just losing it all Sad Thx all
Why did you hurriedly sell it?  Bitcoin is a highly volatile currency, holding it  probably for more days could have resulted to more profits, trading bitcoin requires patient and  always trade without emotions and fear this are some of the psychological challenges that need to be overcomed for successful trading of bitcoin.
Majority is authority and sometimes it is good to listen to the authority. Many people are predicting bitcoin to rise up really high before the beginning of New Year and it should not be very difficult task to stay patient for just two months.

Bitcoin is in the first phase of this pump and selling out now is quicker than it should be. Do not get afraid or greedy, just stay calm.

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October 14, 2017, 08:30:41 AM
 #60

OVER 5300 already. I bought at 4400 and sold at 2900 within the past 60 days! What the hell. I will never figure out these markets. What are the secrets to MAKING $$$ off this currency not just losing it all Sad Thx all
OP your situation is a pathetic one if what you are telling is nothing but the truth of what happen to your investment in Bitcoin. I will conclude that you are one of the panic seller who usually check the market value of Bitcoin and couldn't hold their breath when the market is moving against them until they sell at lost. As I always advise people around me to only invest what they can afford to lose and try as much as possible to diversify their capital into different investment opportunities so as to reduce uncertainty that are involved in investment. Finally, if you want to practise long term investment you need not to be checking the market movement on a regular basis because in doing that you maybe tempted to sell at lost.

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