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Author Topic: I am so stressful with trading coins, I lost 13000$  (Read 2703 times)
Crypdon
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March 10, 2018, 12:40:31 PM
 #241

You haven't lost anything unless you cash out or gave it to a scammer who ran away! Just hodl everything for a few more months and you will see a nice profit. It is likely that all coins will rise unless you only invested in sh**coins. Spread out you portfolio and don't put everything into one basket, majority should be safe coins like btc
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Daimon88
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March 10, 2018, 01:01:06 PM
 #242

How are you actually stressed? Because you are not specific on the type of trade? During ICO or after? Does the crypto traded in totally crashed or abandoned? But anyhow it comes, you might probably rushed without proper and deep research, map not well studied or less skilled about it.
However, don't try to concentrate your total capital on just one crypto for fear of unknown or inevitability just as this. Share your tradings among two or more Cryptos. Always, be prepared going into trading with mind of risk in your mind, and never bite more than what you can shew. Be courageous and move on. once beating, twice shy.

I think it comes down to people not being patient or hodling. Everyone wants to see quick profits and often panic sell, losing a lot of money.
If he had actually taken a loan, I am sure by now he would be more stressed than he is. People get stressful with trading coins when they do not have any knowledge of trading and it is very normal to get emotional and mess up badly. Knowledge is the only thing capable of giving one the skills to be able to make good decisions at every time and know what to do if the decision ends up wrong. Well, that is his lesson to learn and I am sure by now, he will know what to do while he waits for the coins to recover.
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March 10, 2018, 01:12:10 PM
 #243

You are not stupid just that you are not well prepared to enter the "battlefield". 13000 might be a big sum for commoners but you know that coins trading make a lot of millionaires out and your losing of 13000 is just a small percentage to them. They might lose more than your losing amount before, they just treat it as a tuition fee for not being well prepare before jumping into the market. At the same time you might also be interested to read up on money management books, no matter how much you can win but you got poor money management you will not go far.

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March 10, 2018, 01:34:25 PM
 #244

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
I have tried doing trading in traditional stock market as well tried to do a bit in cryptocurrencies .It all starter very well when water a small amount but soon the loss I got trying to trade was much higher .In the end you have to realise some people aren't very good at trading

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Golden_newcomer
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March 10, 2018, 01:39:59 PM
 #245

Thats so unfortunate. Many of us lost. It wasnt easy to predict such fall.
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March 10, 2018, 01:53:31 PM
 #246

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

Don't worry if you Lose money, see that you don't lose hope and don't lose confidence. I think right now you should take a break from trading because you have lose a big amount and which will boost your emotions and because which you may incur more losses if you prefer trading now. So take a break of 20 to 25 days and then start again from the basics and then slowly move to practise with Simulation trading or paper trading by creating a good trade plan and money management techniques.

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March 10, 2018, 01:59:37 PM
 #247

Not just you, when most people start to encrypt money market trading will feel fear, people are always afraid of the unknown, everyone is afraid of losing money, but when you after a long-term deal, then you will overcome this fear.

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March 10, 2018, 02:22:21 PM
 #248

In such cases, in my opinion, you just need to store coins and not climb into the trade. This may not bring you anything good.

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March 10, 2018, 02:38:18 PM
 #249

All who have many different altcoins in their wallets are now in a large pit. Not only you. I can only pick up words of consolation and say that you are not alone. We are small grains of sand in this world. Whales control everything and price and public opinion and news.
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March 11, 2018, 03:58:06 AM
 #250

I lost around 9k bro simply from the downfall of current trends, i didn't sad but regret alot as its my decision to trust on the buyers, anyway moving on i guess i need to be a full time trader to actually spot the trends quickly and not to lose that much when some exchange doesn't have stop lost that couldn't save your value over a night. FOMO and FUD are too wonderful tools to manipulate crypto market these days it's easy to see coins are being cashing out and nobody wanna buy alts, trading over these period under a so called ATL would be lower, i guess there's no way to gain back your money except time on the coins you lost to get pumped up again.

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March 11, 2018, 06:11:12 AM
 #251

That's not really healthy for you. I think you should move away from crypto right now and take a little time to rethink if trading crypto is for you or not. You should've stated clearly if you still have those coins or you sold it so people can give helpful tips and not guessing what happened.
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March 11, 2018, 06:18:34 AM
 #252

Unfortunately the market has changed. Before the trend was growing and it was easy to make money, the strategy was this - buy coins and wait, then sell at a higher price. Now the market is falling and such a trading strategy does not fit, you need to be more careful. It's unpleasant to lose money, but you need to calm down and do not rush to get money back quickly.
Wind_Crypto
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March 11, 2018, 06:29:47 AM
 #253

always only invest/speculate with what you can afford to lose. there's no sure win bet, definitely not in the world of crypto. And on one really knows for sure, not the expert investors, not the twitter gurus with 100k followers.
RushKing
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March 11, 2018, 06:40:31 AM
 #254

Being greedy wont get you that far you need to be patience and think all of your action wisely because on the end you might regret it on the end of it so be patience and do your research and dont be greedy
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March 11, 2018, 06:45:41 AM
 #255

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

First of all, I am very sorry for your loss. This is the big part of your life to learn a lot more about trading in crypto.
No one can bring your money back. This sounds painful, but that's the fact.

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March 11, 2018, 06:49:13 AM
 #256

This is easier said than done but stop checking the prices during a bearish market.  Your post was on March 5th so I assume you are probably down more than 13k by now.  Don't sell anything and you haven't lost anything.  You may be down right now but could easily be up in a few weeks.  Be strong and stop checking prices until the market is bullish again. 
nguli
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March 11, 2018, 06:54:15 AM
 #257

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

how can it happen it seems you have not been able to analyze the market conditions and conditions of the existing charts, should you study the graphics and do not get too passionate.
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March 11, 2018, 07:02:00 AM
 #258

Getting into crypto market is not that easy. First of all, you have to stay away from fraud crypto. For that, you should research yourself, consult with friends, involve in peer-to-peer discussions, and then hear your own self before going for it. There are numerous good projects in the market you can choose one for investment.

Nahl
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March 11, 2018, 07:35:41 AM
 #259

new traders usually can't thinking the risk of trading and they usually buy the coins when the price high because they thought the price will rise up again in the next days and never thinking some of crypto will happened corrections price and dropped and i think that there is no way to get your money back unless you able to get the profit from your next trading activities
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March 11, 2018, 07:51:50 AM
 #260

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
Firstly, I’m sorry to hear that. I hope that you can pass through this loss. To speak frankly, trading is not easy for us to do, it requires us many factors to get access and get benefits. You have to perceive knowledge, build skills and experience and be patient, careful especially keeping calm to control your feeling. There are many people who have the same situation with you. I don’t know how to help you, I hope you can keep calm and trading again.
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