Already lost 50% of my capital

[BTCeminjas]

I dont have experience in trading thats why i am here in forum just to learned about how to trade, but to add my openion about trading you must always check or monitor the coins value in crypto market cap that you trade in coins exchange. You said since may in this year you bought coins its possible by now you've earned. Much better not to sell just hold until the price pump up.

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[blackwidow7]

@pedro18
I suggest you to read a good book about trading first. Learn about "the trend is your friend", about Stop losses, about your emotions, about money strategy in general and how to save your trading capital. Make a strategy and bring it to paper! And trade exactly what your strategy said. Baby steps first!!
I had to learn it the hard way too. I started 3 years ago, lost a lot, stopped, learned again, traded demo in the meantime and then switched from normal stock trading to cryptos in february 17. It is not easy. Most people dont success with trading. But it is possible to learn it. The thing its all about your emotions. Dont be greedy - trade your plan!

And now some words about your situation: What coins did you buy? Are they solid projects or ICO or scamcoins? Are you still holding them or did you realize the loss by selling them? In several cases it would be good to hold until another bullish altseason is starting and I think it is coming soon. It were now 6 bad months for altcoins.
It all depends on what projects you are invested. And I suggest to only buy from the top 50 coins after technical research.

@slowdeath
it is not easy to notice that a market has changed in the beginning. so, a lot of people were holding in juli and sold later, when the new bear-thrend was approved

[Pursuer]

Hello guys. I just want to ask for your opinion or an advice.
I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital  . Some coins are still in hold.
I just want to ask what can you give to me an advice or any learnings  about trading.

nobody can help you more than yourself.
what you need to do is that to spend some time going through all your trades one by one and see where you went wrong. for example look into your history and see what was the first coin you bought. now try to think why you bought it, what was your reason and why that reason was wrong and look at the charts of that coin to see what happened to the price after you bought in and until the day you sold or until today if you have not yet done it.
this helps you to figure out your problems, eliminate your wrong way of thinking and finally helps you improve your decision making in trading.

you can also share more details here about the coins you bought and ask others help you out and tell you where you went wrong.

I'm using bittrex.

you may want to reconsider using bittrex. they have been acting very suspicious lately. there are lots of scam accusations open against this exchange...

[negancoin]

You should've stuck to bitcoin, ethereum, dash and not buying those new coins that people told you to buy.
I'v made the same mistake as you, believing in shitty coins like Siacoin etc.. Now, I only trade bitcoin, dash, Monero .. and of course I still buy other coin, but only in low low price during market crash.

[Bayoe_noe]

I think you just need to be patient so you don't lose your capital when trading. if you panic, it will make more losses. I think if you want to trade, a good way is for the long term. a month or 2 months to hold a coin I think will make your capital safe. but if you want to trade in a short time think of the coins you'll buy really get down the price and also you must see the bitcoin price. because all the coins will go down when bitcoin starts up. that's what often causes traders to panic to sell their coins....

[patt0]

Hello guys. I just want to ask for your opinion or an advice.
I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital  . Some coins are still in hold.
I just want to ask what can you give to me an advice or any learnings  about trading. I'm using bittrex.

What coins are you currently holding? With the increase in awareness about crypto, much of it happening because of bitcoin of course, a lot of money is entering the markets. We were used to see bitcoin rising and alts decreasing, and then alts rising and bitcoin decreasing. However, in these last days, we are seeing almost everything rising, because fiat is flowing into the market. Chances are that some of your coins might go for profit.

As for advices, I would say that trying is very hard, so it's best to just buy and hold in my opinion. Choose some top coins, with good projects and just hold them.

[hheight]

Take a break and analyze current situation is the best what you can do now. Obviously, your strategy doesn't work. If you're trading shitcoins - don't Now is the best time to invest in the top currencies.
In addition, I would recommend you to take a look at the ICO coming up - new trading platform ALGORY, which will help to avoid such a situation.
Good luck, mate

[haroldtee]

Hello guys. I just want to ask for your opinion or an advice.
I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital  . Some coins are still in hold.
I just want to ask what can you give to me an advice or any learnings  about trading. I'm using bittrex.

I also lost 80% of my capital after joining the crypto for 2 months. I also started with Bittrex. But I trade the whole capital loss. Currently I have gained some capital and interest. My experience is that if you have large capital, please trade on sites such as Bittrex, Poloniex ... If your capital is not large then you should trade on smaller sites like Cryptopia, Novaexchange, Coinexchange, Yobit, Hitbtc. These commercial pages have a small volume that is less affected by market fluctuations.

It is not about the site you are trading. You can lose even if you are trading on the most reputable site. Where site comes in is just the security of your funds. The most important thing is never to start trading without learning, which obviously the OP did not. I am not judging him, but in cases like this, shits like losing will always happen. 80% is huge and you really need to hit the books right now or you will lose more.

For the OP, browse on the coins you are holding, if they are worth holding, you can hold and hopefully they get pumped as some of them already are. However, if they are shit coins, dump them and look for a better market. Also, do not enter from frying pan into fire, go to Google, go to Youtube, there are lot of resources you can learn from to start trading safely and never follow any pump and dump group cause they will ruin you. Remember as well that stop loss is quite important if you are not sure of the coin you are holding as I am sure most of your losses would have come from the recent dump in Altcoins before the BTG fork.

[iffeanyii]

i lost over 90% of my capital. it was hell for me. i lost interest and almost flt like abandoning crypto. but i remembered i was broke and and unemployed.  i restarted with the remaining 10%, been participating in bounties and Airdrops. i have recovered over 40% and still growing. between trading is hard and in crypto there are a lot of bad guys wanting to dump you their bags, lot of HYip inform of 200%- 8000% in stake returns. be careful. workhard, stay strong. oneday you will be a winner also. btw everyone in this space has made a loss

[akamit]

Hello guys. I just want to ask for your opinion or an advice.
I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital  . Some coins are still in hold.
I just want to ask what can you give to me an advice or any learnings  about trading. I'm using bittrex.

You cannot say that you have lost 50% of the capital, unless you have bought shit coins.
If you had bought good coins / volatile coins then it is more likely the price will rise again. All you need is to be patient and wait for that day.

Crypto trading is not like forex where you will lose everything due to wrong entry.
In crypto trading you are buying an asset and which belongs to you until you sale again.

But if your trading style were like to set stop loss for every trade and you lost 50% that way, then you should be more careful and do deep analysis before trade execution. The loss cannot be return back, you have to earn it again with your rest 50% capital.

If I have faith in X coin then I do not set stop loss.
And I don't mind to hodl that X coin for long time, but I want to exit with profit.

And if I don't have faith in Y coin then I use stop loss and a sell order with very slim profit.

Make your own strategy and own capital management. It helps a lot.

Try to avoid Bittrex.

Good Luck Mate!

[EinWert]

I had the same problems 3 months ago, when i just started. But after i "invented" my own strategy after brain storm and right now i have X12 from this balance. So you need to fix your mistakes

[Birdyyy]

Hello guys. I just want to ask for your opinion or an advice.
I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital  . Some coins are still in hold.
I just want to ask what can you give to me an advice or any learnings  about trading. I'm using bittrex.

Just buy btc and hodl
Real trading is for pros and not for noobs

[VonMassimo]

For the start you need:
- hard money management rules
- discipline
- an actual, tested, consistent, positive edge

The risk is coming from not knowing what you are doing.

If you can't say yes to the above facts, you will just lose money over time.

[rhamzter]

Hello guys. I just want to ask for your opinion or an advice.
I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital  . Some coins are still in hold.
I just want to ask what can you give to me an advice or any learnings  about trading. I'm using bittrex.

I think you made mistake choosing coins to hold, because if your criteria to choose coin is holding the most cheap price coin in crypto I think it was not correct. Because not all cheap price coins are given a break like bitcoin, sometimes it was lower cost because this coin are not healthy to digital currency. Or else the coin you chose are in dying stage.

Hello guys. I just want to ask for your opinion or an advice.
I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital  . Some coins are still in hold.
I just want to ask what can you give to me an advice or any learnings  about trading. I'm using bittrex.

I also lost 80% of my capital after joining the crypto for 2 months. I also started with Bittrex. But I trade the whole capital loss. Currently I have gained some capital and interest. My experience is that if you have large capital, please trade on sites such as Bittrex, Poloniex ... If your capital is not large then you should trade on smaller sites like Cryptopia, Novaexchange, Coinexchange, Yobit, Hitbtc. These commercial pages have a small volume that is less affected by market fluctuations.

Maybe just observed first the fluctuation of each coins before invest, also review the history of coins you want you invest. Sometimes we always believed to our hunch before invest but I think it was not enough as basis. Moreover if we do that, the possibility to earn income is so low or else you can't incurred income.

Honestly even any exchange you used like BITTREX, Cryptopia, Yobit and etc. you can't earned income if you always wear your greediness. Maybe you need to think about the movement of all coins in the market before you invest, to assure that in return you will achieve the amount you wanted.

[worle1bm]

Hello guys. I just want to ask for your opinion or an advice.
I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital  . Some coins are still in hold.
I just want to ask what can you give to me an advice or any learnings  about trading. I'm using bittrex.

This is exactly how the trading in crypto market works.You don't have good luck always and without knowledge and market analysis you can't succeed in this line.You might have invested in company with very low potential otherwise you cannot losse  that much amount.So invest in good coins that have almost 60-70% return with short time.Don't loose rest of your soft cash instead transfer to some other coins and learn more about how to trade by tutorials on YouTube and with experience you can get on the path.

[Maveth13]

You didn't give us any idea of how big or small that loss is, so let's assume that 50% is a huge amount. If that's the case you better practice trading demo first, just to giive you an insight of how the market generally moves. Although if you started in May, 7 months should have been enough to know this. If you still want to continue, I suggest starting small with the top coins.

[eternalgloom]

Thank you guys for those kind of words. Starting now, I starting to study about the charts or candles. So maybe for me as starter with low capital, may I start in some minors exchanges? Not like bittrex? what do you think guys?

It doesn't really matter which exchange you choose, it won't change the fact whether you can trade or not.
As long as you pick a secure and trusted exchange, you should be fine.

You're right about needing to study more, there are a lot of good video's on Youtube that will explain all the technical aspects in a way even a beginner can understand.

Chris Dunn has a couple of really interesting tutorials about trading on his Youtube channel, check him out.

[flower1024]

Hello guys. I just want to ask for your opinion or an advice.
I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital  . Some coins are still in hold.
I just want to ask what can you give to me an advice or any learnings  about trading. I'm using bittrex.

May I know which coins you bought? Because then only we can analyse and tell whether those coins have future or not. And you can use any good site no problem Bittrex is one of the best site to do trading.

This is exactly how the trading in crypto market works.You don't have good luck always and without knowledge and market analysis you can't succeed in this line.You might have invested in company with very low potential otherwise you cannot losse  that much amount.So invest in good coins that have almost 60-70% return with short time.Don't loose rest of your soft cash instead transfer to some other coins and learn more about how to trade by tutorials on YouTube and with experience you can get on the path.

We need the luck to make money, but here lack of experience made him to lose money.

[Qunenin]

Thank you guys for those kind of words. Starting now, I starting to study about the charts or candles. So maybe for me as starter with low capital, may I start in some minors exchanges? Not like bittrex? what do you think guys?

There's no need to start on different exchanges but if that's what you prefer then go. I think the mistake here is on how you execute your trading strategy you have to make a change on how you pick the coins you like to trade.

My first trading experience also started with a loss but I immediately change things before my loss started to pile up.

Loss in trading is not a big thing to regret or give up. Almost everyone in trading business experience a loss. There is no trader out there who can say that he has never experience a loss in trading.

[Theb]

My advice is for you to pull out your money as early as you can and stop trading for a while. Since you obviously lack experience in trading what you can do best is try to study technical analysis which is one of the needed things in order for you to survive trading. Asking advice right now about what to buy and sell without you doing your own research might hurt you financially as these kind of advoce is often given with personal bias.