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Author Topic: I am so stressful with trading coins, I lost 13000$  (Read 2703 times)
De_nis
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March 07, 2018, 08:40:04 PM
 #201

I think now everyone is losing their equivalent in dollars, but this is a great experience that will serve us well in the future..
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March 07, 2018, 08:41:15 PM
 #202

You should stop trading , it obviously isn't for you , you also shouldn't blindly want to make up this loss. Trading is much harder then it looks and it takes some serious skill and time investment. It is much easier to invest and hodl for a long time . Right now the market is pretty low , do some research on coins and just buy some of the ones you like. Much easier and a lot less stress.

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March 07, 2018, 08:44:40 PM
 #203

I am not an expert myself, but in my opinion it is better to invest in fundamental coins. it is to invest, not to play on the stock exchange, especially if you do not know how to do it. And still it is important to remember - while we keep and we do not sell, we not in plus and not in minus.
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March 07, 2018, 08:45:44 PM
 #204

Not a best time for crypto since February.. all holders are loosing. Not only you. For traders as well hard times. I personally avoid to trade now.. as I am not so skillful for that. I just seat and hope that cryptos will grow back again Smiley)
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March 07, 2018, 08:47:53 PM
 #205

I think, as many before me has said. Right now, with Mt.Gox and everything causing "ripples" in the water - it is best to just sit still in the boat and wait - dont sell with a loss, then its not a loss. You still have the coins you bought. Never ever use money you can't loose on crypto - the last sentence cannot be stressed enough.

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March 07, 2018, 08:56:33 PM
 #206

I'm so stupid when attending crypto currency, who can help me to get money back? I also ask many traders who has experiences in this one, but I still lost money
There is nothing older than that, you gain experience, I lost about $ 50,000 in January-February, and I'm not sorry, because I understand that this market is very volatile.

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March 07, 2018, 08:57:10 PM
 #207

trading is very challenging, even very experienced traders make mistakes, no wonder we do them time to time. you could try trading without investing)) try bounty campaigns, you can use bounty rewards to practice in trading))
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March 07, 2018, 09:00:01 PM
 #208

Not a best time for crypto since February.. all holders are loosing. Not only you. For traders as well hard times. I personally avoid to trade now.. as I am not so skillful for that. I just seat and hope that cryptos will grow back again Smiley)
They might get loss their money if they can't take any longer of holding their tokens.  As a trader,  we must have to learn how to be patient  because not all the time that prices in the market are good. If you don't have this  character, it is much better if you never been here cause it only give you headache and you well be losing your money in an easy way.
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March 07, 2018, 09:02:26 PM
 #209

You should learn the basics first so that you wont lose alot of money technical analysis should be learn first if you dont have any idea in trading so that you will save some time,basics will decide on how you will become in the future,a good trader do not stop learning everyday.Make it a habit to learn something new daily so that you will be suprised one day you can win all of your trades easily.

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March 07, 2018, 09:02:54 PM
 #210

different investors to work with customs of personal strategy that the use of forum with the trading customs gives of reference on investor to collects of extent with the decision as appealing use of modulation to improves of returns as referring details of option to work with submission of request with the exchange.



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March 07, 2018, 09:11:38 PM
 #211

There is a fault in your trading planning not in Crypto World.Blind trading is not acceptable in Crypto.Always trade in those coins which have strong value to offer,there are many coins emerging on daily basis into crypto world which does not carry any strong idea behind them these are only dump and pump no specific purpose to deliver when you would invest in these hyped/overpriced surely you would lose some portion of your trading or whole your trading.So before trading knowledge about every coin,its histroy,development,clear roadmap,proper search is preferred otherwise blind investment may lead you to get you out of your investment.$13k is a big amount it can be back if you revise your investment strategy whatever left with you hold it for some time or i dont know in which coins have you invested.If you have invested in shit coins then face the music now.

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March 07, 2018, 09:18:20 PM
 #212

What have you done exactly? If you did day traiding i recomend to read Price action, best book about. But if you cant do this and lost your moneu mau by is better just hold?

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March 07, 2018, 09:24:02 PM
 #213

There is a fault in your trading planning not in Crypto World.Blind trading is not acceptable in Crypto.Always trade in those coins which have strong value to offer,there are many coins emerging on daily basis into crypto world which does not carry any strong idea behind them these are only dump and pump no specific purpose to deliver when you would invest in these hyped/overpriced surely you would lose some portion of your trading or whole your trading.So before trading knowledge about every coin,its histroy,development,clear roadmap,proper search is preferred otherwise blind investment may lead you to get you out of your investment.$13k is a big amount it can be back if you revise your investment strategy whatever left with you hold it for some time or i dont know in which coins have you invested.If you have invested in shit coins then face the music now.
Now very many good coins have fallen in price, this is because of the general negative trend in the market. If the author of the topic most of the investment is concentrated in good projects, then I advise you to show patience. After the market recovery, the situation with the prices of promising projects should normalize.
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March 07, 2018, 09:35:34 PM
 #214

The trader must be able to make decisions without emotions. This is a very important thing. If you start trading you must turn all your emotions off - both positive and negative. This will bring you success.

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March 07, 2018, 09:49:38 PM
 #215

I'm so stupid when attending crypto currency, who can help me to get money back? I also ask many traders who has experiences in this one, but I still lost money
Sorry for your loss buddy. That's some of the many many things that can happen to anyone on crypto. Many investors has lost so much from last year up till now. Anyways i have some opinion for all traders in such opinion. I have suffered a loss as well myself. So this is what I do when market dips hard and turns all red. I start a new form of trading with new funds. I know it's difficult to that but that is what I do. With this new funds, don't be greedy, just sell of any profit you make in it, and keep it as a recovery for your lost fund (though it is already there just that market price is down). So you do so frequently and you'll see that some time soon you'll recover at least half of your lost money, and who knows! maybe luckily for you the price will hit hard past what you thought and that becomes a double win for you (because the money you thought you have lost will gain profit + your new fund that you invested). So the fact is that, never fear to invest, and you'll always recover.
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March 07, 2018, 09:52:26 PM
 #216

Losing money while doing trading is a part of working in cryptocurrency; it may be stressful but it is still worth it when you successfully traded your coins and gain profit.
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March 07, 2018, 09:53:22 PM
 #217

You shouldnt be stressful when you know what you are doing,learn the basic traing analysis both technicals and fundamentals should be learned first so that you wont lose alot in trading altcoins,i too have experienced a lot before i learn how to trade very well using those technical analysis.Trading would be more profitable when you know what you are doing that is why you need the basics first and do not rush things.

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March 08, 2018, 07:38:11 AM
 #218

I'm so stupid when attending crypto currency, who can help me to get money back? I also ask many traders who has experiences in this one, but I still lost money
Well it happen that you have learn a hard lesson from trading crypto currency. And I strongly believe that you have realise each of the mistake you have made while trading. Equally, am sure you did not have enough trading experience before you venture your capital and remember that trading is not meant for everyone.
There is always a lesson to learn from everything that happens to one in life and I am sure he must have learned his own. While some learn from others, some will just have to learn from their own silly mistakes. Not learning and trading is a very silly mistake which a lot of people like the Op have ended up learning the hard way. However, he is not in loss yet and if he can be patient enough and he is sure he is holding good coins, then he should not have a problem.

I have not seen anyone who has not one way or the other view some losses in their holdings before but as long as you have not converted them to fiat and get out of the cryptocurrency world complaining about losses, then you have lost nothing because when the market recovers, you will get all you have lost back and get even much more in profit in the long run.
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March 08, 2018, 10:17:11 AM
 #219

I'm so stupid when attending crypto currency, who can help me to get money back? I also ask many traders who has experiences in this one, but I still lost money
Altcoins tradings are  risky at moments, but also the profit we receive by it is far more than bitcoin and ethereum. 13000$, now that sounds pretty healthy amount of money. If you are not good at trading, best thing to do is invest you money in cryptos with potential for long term and stop doing short term or middle term trades.

Just buy some bitcoin, ethereum,neo,xmr and xrp and hold them in hardware wallet for atleast 1-2 years to see significant growth. And even if you had asked many experienced traders, always do your own research and analysis before buying and selling a coin.
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March 08, 2018, 10:33:53 AM
Last edit: March 11, 2018, 07:43:28 AM by davenjulio
 #220

Definitely a result of buying without reading or checking some fundamentals. I don't know how to do even basic TA but before purchasing coins I'll make sure that there is something significant coming like mainnet launch, rebranding, burning of coins and many more and one more important things is joining their community chat in telegram or discord this will keep you updated and atleast learn about investors sentiments. Check the coinmarket cap also try to check the chart and identify the all time low and all time high to set your price target if you did not do this thing before you invest you deserve to lose but at the same time learned your lesson and identify your mistakes. Hope next time you can minimize your losses in a bearish market and maximixe gains in a bullish one..Godbless..

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