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Author Topic: Already lost 50% of my capital  (Read 7158 times)
Triple
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November 30, 2017, 02:48:34 PM
 #61

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.

Ouch, well I hope you did some research before putting ANY form of capital into cryptos or any investments for that matter. Remember the golden rule as well - only invest what you can afford to lose.

With that being said, here are some things I suggest you doing, because I hate to see people lose money.

1. Do not panic sell. Yes it's scary to see your money drop lower and lower every day, but the market always tends to balance itself. You may not recover your full loses, but there's nothing worse than buying at the peak and selling at its lowest point.

2. Know that the crypto market isn't regulated so there WILL be lots of corruption. Insider trading, pump and dumps, etc. Be smart and stay the fuck away from scam ICOs.

3. RESEARCH. Please. Just read things and know exactly what you're putting your money into and why you think it will be successful.

Good luck.

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dieselmeister
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November 30, 2017, 03:00:36 PM
 #62

You have to let me know which coins you are hodling. Are they in top biggest coins? If yes, You should wait until they recover. If not, you should sell all.

Someone used my Account for 3 Month, why would someone do this?
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November 30, 2017, 03:23:29 PM
 #63

i don't know if you never got profit or not during your trading activities since May 2017 but losing 50% from your basic capital amount is huge loss especially if you were starting trading with huge amount but as you said that you're regularly trading at bittrex which mean possibly you're trade for altcoin and to minimize the risk then do not pick altcoin which have low volume support and do not buy altcoin if the price lower than 5 satoshi because it's risky

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November 30, 2017, 03:27:58 PM
 #64

I dont know what coins you traded, but in most cases if you traded alts, what is likely on Bittrex, you lost capital in regards to initial bitcoin value. So this is origninating from the unstoppable price surge of Bitcoin and is the case for most people that traded alts, or held alts. While Bitcoin is getting more expensive every day, your altportfolio looses value. I for example only held some different altcoins and they all underperformed in comparison to BTC, means that my portfolio also diminished more than half. But I keep hodling on, alts will recover.
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November 30, 2017, 04:16:29 PM
 #65

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.
You've been trading since May. I think you should've learn your own lessons by now. You don't need to ask us about "learnings". Don't just let those losses be losses. Learn from it. Think what went wrong and what you should've done to avoid those losses. If you're just going to keep on doing that. You'll surely lose all your capital in the future.
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November 30, 2017, 04:18:50 PM
 #66

i don't know if you never got profit or not during your trading activities since May 2017 but losing 50% from your basic capital amount is huge loss especially if you were starting trading with huge amount but as you said that you're regularly trading at bittrex which mean possibly you're trade for altcoin and to minimize the risk then do not pick altcoin which have low volume support and do not buy altcoin if the price lower than 5 satoshi because it's risky
Honestly, let us face one fact, May 2017 till this date is pretty much a huge number of months for the OP not to have make some profit at some point. Either he was too greedy waiting for a better profit when he could have cash out every time, did not learn from his previous mistakes and still did not cash out the next time while still repeating the same thing every time and expecting different results, or he bought into some shit coins that are absolutely dead and he is bag holding them right now, or he just went on a vacation and just came back to see the huge loss. I cannot imagine the number of times I have made profit even on shit coins before we started having the huge craze in the market. Come on! OP is not telling us something.
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November 30, 2017, 04:31:13 PM
 #67

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.
You've been trading since May. I think you should've learn your own lessons by now. You don't need to ask us about "learnings". Don't just let those losses be losses. Learn from it. Think what went wrong and what you should've done to avoid those losses. If you're just going to keep on doing that. You'll surely lose all your capital in the future.
We should really learn from our mistakes and we should not stay up to commit the same mistakes again and again because it wont really mold us up to be a better trader.Loses is normal but we should really learn from it just like what others do said on here and you are trading quiet for how many months already which means you do have the experience and the ideas and all you do need is adjustments regarding on your trading ways and strategies which would able to change the outcome.
Wicked17
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November 30, 2017, 04:54:19 PM
 #68

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.

So you are already 6months as a trader. We already know that in trading there are times that you will make profit and there are times that it is negative. Important thing is you gained experience in trading. Anyway what coins do you usually trade? If it is in the top 100, its better if you hold.

nydiacaskey01
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November 30, 2017, 05:16:15 PM
 #69

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.
We have the same problem but that was a few months ago when I am one of those who believes in those signal groups and buying coins left and right without even checking if its just a P&D. I buy those that are not in green anymore and I check how much is the lest for the past 3 days. Check the back ground of the token if there's any development. I remember Buying GBYTE thinking that its at good price already then all of sudden price dropped, because GBYTE already made an air drop and holders started dumping. Always be on the look out for any news about the token.
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November 30, 2017, 06:08:06 PM
 #70

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.
Last few month you see bitcoin price increase more than 4000$+.other hand altcoin down 50-80%.I am also new trader and I advise to u never sell your token or eth or btc untill you got profit.So you need to control your mind and emotion its the best way I think.Finally I advised never buy or sell anycoin no discussion you close frd or relative.try to own research
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November 30, 2017, 06:20:54 PM
 #71

Hi, been making some $.  I believe 80% in technical analysis (charts) as it's a "visual" of peoples emotions.  Why do you think patterns recur? 
Good trading ideas on https://www.tradingview.com/u/Richy007/#published-charts
A.H.Rassel
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November 30, 2017, 06:38:34 PM
 #72

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.
Broo, learn first then earn its universal truth i think you lost money because you haven't trading skill so invest your time to learn to trade
Follow skilled traders, read blogs about trading and daily watch market its help you a lot. After gain, some trading knowledge you can begin trading with little sums for test yourself pry for you regain your money
Mister1k
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November 30, 2017, 06:45:00 PM
 #73

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.

If he keep patience in bitcoin or altcoin trading finally he will loose all the money he invested. Keep in mind if the value rises try to open a trade with bitcoin for different coin which is also growing like bitcoin in price.

That will allow you earn more in different coin and when the time bitcoin dumps try to exchange those altcoin for bitcoin so you have keep your eye on the coinmarketcap means you will be having chance to successful in trading.
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November 30, 2017, 07:05:19 PM
 #74

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.

Hm, Im still wondering how you got that much loss after seeing the coins going upward this month. This month its like all the coins are 20%+ more than the month of may and until today. How can you say that you have lost that much money over the course of this period. You should triple check the math you did.

Honestly, this is ATH for each and every coin that is top listed on the coinmarketcap. It might be the case that you have invested your money into wrong coin and at the wrong time off course. Because 50% decrease in the coin value can not be seen at this market cap and dominance.

Also, what about the bitcoin? I you had some satoshi then also you could have made couple of 100 $ by now if you had invested back in may month. Hopefully you are still in profit.

 
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November 30, 2017, 07:20:55 PM
 #75

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.

Okay that’s pretty much big loss. With that case you should just hold your coins and expect that the coins which are in your possession will get pumped. Try to check if they are being involved in artificial pumper groups. If they are then you should keep an eye on any artificial pump if they are going to do. That way you can try to catch the fire and hit at right spot to get your profits. However your hunt will be very difficult that way as you have said your coins, so I assume more than one. Better watch the market grow by having some more patience and then trade at higher rates or break the trade at break even.
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November 30, 2017, 07:31:18 PM
 #76

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.

Best thing is have patience, if you have done a good researcha nd the coins you are holding is not one of those shitcoins then that is what you have to do.  You can also try scrapping where you take advantage of the fluctuation but it is really risky.  You can also diversify your holdings.  If you have spare BTC you can invest on new coins and ICO and sell them at the moment it increase in price.  This might recover our losses but make sure you do a thorough research when you invest on new coins or ICO.

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BitMonkey
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November 30, 2017, 07:34:01 PM
 #77

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.
Try buy and hold. Buying 10% of each top 10 coins in may and resuffling portfolio the same way each month would yield you about 50% profits in btc, or a lot of profit in USD.

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November 30, 2017, 07:51:47 PM
 #78

I suggest before buying altcoin make sure you know what is the information of this coin or making a research you know if this coin have potential to increase or not. Those altcoin that you hold until now make a research so you can see what is the best to do. I think yout knowledge is not enough. So suggest keep reading and making a lot of research about trading.
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November 30, 2017, 07:57:04 PM
 #79

High volatile market, sometimes I think better to keep everything in BTC in order to retain what you have, not in alters.
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November 30, 2017, 08:05:18 PM
 #80

I bought into IOTA at the top of it's last peak. at $1.  It's taken a while to come back up the ranks but finally it has.  Just give it time if your selections are good
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