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Author Topic: Already lost 50% of my capital  (Read 7156 times)
piloder
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November 29, 2017, 06:27:29 PM
 #41

I think you have bought some shitcoins and you are now holding them like babies. Also you might have bought some coins when they are pumping hard and are below your buy price because every pump is followed by a dump/correction.

Try to make early exit during pump and buy coins during dumps.
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November 29, 2017, 07:41:18 PM
 #42

Damn, thats bad, you ever use stop losses? Its a good way to cut losses, I usually set mine to sell around 10% loss.
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November 29, 2017, 10:38:11 PM
 #43

I think you have bought some shitcoins and you are now holding them like babies. Also you might have bought some coins when they are pumping hard and are below your buy price because every pump is followed by a dump/correction.

Try to make early exit during pump and buy coins during dumps.
if it's for Bitcoin, then it's really necessary to wait for it to go down a few indicators and then it will be possible to buy Bitcoin safely, because we have already seen what highs there are to date. I think that investments in Bitcoin will always be justified ..
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November 29, 2017, 10:46:21 PM
 #44

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  Sad. 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 you have been done since May? could you explain more about your encounter, I am sorry to ask you recall some seely moments.
But just want learn from you, what a series decission have you made in the last few months, and what ICO or cryptocurenies you have been joined?
Thanks for you sharing!!

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November 29, 2017, 10:50:30 PM
 #45

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  Sad. 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 don'tknow in which currencies you investment, but such results are really negative. My recommendation not to wait for long and to move your investments in more perspective bitcoin, litecoin, etherum, bitcoin cash and so on, you know, into the most discussed coins. New coins are appearing everyday and this ruin people's investments and their expectations. Invest in trusted things. Here on the forum you can find all the information about all perspective alts and to hear all gossips about their future. I believe this strategy will help you to go out from the minus and finally get some profit.
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November 29, 2017, 11:30:30 PM
 #46

Hello guys. I just want to ask for your opinion or an advice.

do not take advice or opinion from people as if it were a guaranteed strategy



I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital 

if you bought the coins in May, why did not you sell them all in July? most of the altcoins began to fall from the end of July

siacoin rise to 700 satoshi and then fell to 322 satoshi and I bought and sold in the 370 satoshi.
current price of siacoin 63 satoshi


even ETH was at 0.07 btc as well as Neo that was at 0.006 btc, lisk was 0.0016 btc, many people still hold their coins because they do not want to have losses, but currencies like siacoin and some others that have fallen, I think they did not rise again



Some coins are still in hold.

So, tell us which coins you have?

These 2 coin are the one very sick, now I'm still holding them.
BAT = which I bought at 12k sats , already 87% loss at this time
RDD = which I bought at 124 sats , already 97% loss at this time

Before that, I have many bought altcoins before that I sold it in loss (some are 50% loss) , just to buy again other altcoins.

These altcoins, are I just bought last month and some are this month, most of them are still in loss.
STRAT
NEO
XMR
LSK

I just realized my wrong, because way back before, I just buying and buying because of the hype and some are I'm buying it and hold for long term.
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November 29, 2017, 11:53:51 PM
 #47

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  Sad. 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.
That's really a good advice.One more thing.Since you are a newbie,i guess that you would have bought more new released coins on seeing their prices surging high.Am i right?Actually,they are just getting pumped and unknowing this,you would have bought it and would have sold it at very less price when they all got dumped.So,set a profit margin of 5% to 10% so that you could finish the trade once target achieved and you may avoid losses.

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November 30, 2017, 12:05:02 AM
 #48

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  Sad. 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.

In my trading, i have some loss and profit too. If i calculate i think i have a little more profit.
So i could not give you good suggestion since i am not so good too.
May i know what coin you trade?
I suggest to choose coin that has high marketcap and mean its popular coin then you can reduce the lost.
Second, make sure dont buy any coin in the top. Dont think the price will continue without correction.
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November 30, 2017, 12:30:29 AM
 #49

Perhaps you do not have very clear the concept of holding vs. Trading.
If you hold, just check the coin every now and then and keep it till your set deadline. I hope you have chosen a robust coin. If you trade, have targets. Set your profit and stop. Don’t be greedy in green scenarios. This will help to minimise your losses in case the market goes against you.
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November 30, 2017, 12:45:53 AM
 #50

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  Sad. 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.

First time I lost all my deposit trading mainly altcoins for few months. I lost it, because i couldn't control my emotions and greed. I often didn't have enought patience to make research about coin and situation on the market before buying. I watched how all coins grow and thought that researching is waste of time. That was my major mistakes.
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November 30, 2017, 01:01:20 AM
 #51

You are still lucky enough that what you lost in trading is only 50% since May, it is still manageable  and able to correct all your mistakes and learn some lesson from it. Trading in altcoins is quite riskier if you didn't know and have little knowledge about their market potential. My best advice is to invest the top 5 altcoins and wait for another months for gain, all top 5 altcoins are bullish in this month until 1st quarter of 2018.
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November 30, 2017, 01:04:06 AM
 #52

Then lose remaining 50% and finally be free!
Just kidding.

Pretty sure you anyway have big profit in USD.
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November 30, 2017, 01:54:39 AM
 #53

Trading is high risk,
we have to enter it while ready to lose money.

It is common that some of person lose their money
some lose their bitcoin.

Just keep going, it is fun
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November 30, 2017, 02:51:09 AM
 #54

Before jump in to altcoin trading I think firstly you should be have and learn about trading plan and risk management. This is very important to minimize the risk and to maximize the profit. One of the risk management is use stop loss and take profit. Stop loss is very important to use when we are wrong, for example specify stop loss 20%, and when reach this level just sell in loss to reduce the lose. Also very important to decide how much target profit when we are in profit,  for the better maksimum 30% and dont be greedy. Bittrex is one of the good exchange and they has full regulation and the volume is big there.

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November 30, 2017, 05:32:44 AM
 #55

You are still lucky enough that what you lost in trading is only 50% since May, it is still manageable  and able to correct all your mistakes and learn some lesson from it. Trading in altcoins is quite riskier if you didn't know and have little knowledge about their market potential. My best advice is to invest the top 5 altcoins and wait for another months for gain, all top 5 altcoins are bullish in this month until 1st quarter of 2018.

50% lost is recoverable in altcoin market. However, if you invest in shitcoins then you are going to be trapped. That's why its good to invest in the top selling altcoins only. And just look at how they are skyrocketing right now although some have a few dips.

Yes, Its a good advise to stick to the top 5 altcoins because some of them are good to hold for long term, like ETH. Its you have bought it at the floor price then you should be getting a good dividends specially if you have sold it at its all time high a few days ago. But its still above $400 so it is still at a good position.

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November 30, 2017, 08:20:05 AM
 #56

Use our service, we will help you recover your losses,

check this for more details

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November 30, 2017, 02:02:44 PM
 #57

Hi,
Im not a Professional, i also strated like you to trading in mai and actually im at a nice return. But before in july i was like you, i was at 50% loss. And this with Ether! Yeah, im the only one who make big gain with ether and after coud lose 50% off my capital i think! I was new and when Ether dropped with the info that Vitalik died and the network crashed, i paniced and thought it was inteligent to sell and buy back at 10% lower price to gain a few Ethers.. And guess what? Ether just shoot up again, when i sell with 50% lose.
And after that i did a second big mistake, i did buy Ether back when i sell for $170 i think and when it fall to $120! Coud make 50$ gain/Ether and before it returned to $220!
So i learned, even when a good coin drop Something like 50% there is big chance it shoot up again..

There is a big difference between trading and Investment. With trading 80% off people will make losses. So i advice you to invest and not to trade.
Invest is investing in different coins (good coins with a future) and wait you make gains.

After losing a lot, i invested my 50% in a coin in july. Pure luck because that coin was Neo.
And there i maded another error. i bought it at 7$ and coud sell it at his high in August , Something like $45 i think ad i didnt. I whant to sell my neo's only at $100.
No luck for me , you knowed what happened with china.. So i had my 50% back and made a nice gain and i finally selled.

I advice if your coins are not serious projects, try to find a few good projects. Invest 20% in each one and hold at least 6mouths.
There is a proverb i heard from Palm Beach Group that said "Buying when the blood is flowing in the Streets.."
So thats my strategie to, when everybody is running to a pump, try to find those serious coins that have a dip, and thats the moment to invest..

I woud advice to never buy when a coin is pumping. Many big players know the info before us, whales are manipulating and when you realise the game is done, and they just will take your money before leaving the market... One's again, buy when a coin is in a dip or you dont buy if he is noy to avoid risk.

Look now with bitcoin.. Think to people who buyed at $11500.. Whales knowed BTC will drop a moment, and many taked there gain at 11500 and even has buy back at $9500 or lower..

I hope you will recover soon. Good luck!
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November 30, 2017, 02:30:01 PM
 #58

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  Sad. 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.

See again your strategy and fix the problem, patience and keep learning. Trade/ investment is not simple/ easy, need time & hard works to understand. I suggest you try accept with your loss and keep try to make money on the real market. Never forget stop loss and pray. Good luck with you.

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November 30, 2017, 02:30:57 PM
 #59

It's good to calculate your progress but I think you should do it with less intervals of time so that you can take corrective measures in order to avoid the further loss. Remember, a loss is not bad if you learning lessons from it so do spend some time in digging your trade history and analyse it, find the reasons where you went wrong and what steps you could have taken at that time to avoid the same. Do not worry, a good trader can even turn his 5% capital in 100% with the passage of time but in your case, you are already 45% ahead so don't lose faith and introspect your decisions.
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November 30, 2017, 02:43:38 PM
 #60

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  Sad. 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.

The best advice that I could give you is that, you should be patient because trading is not simple and it is risky. That is why you should keep an eye on the news and you should keep an eye on prices. Buy low and sell high, avoid following what others are telling you because it is your money, make your own judgement when trading.

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