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Author Topic: I lost 10000$ in trading, what should I do?  (Read 1359 times)
asemene41
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May 16, 2018, 03:45:07 PM
 #21

waw that amount a lot, hopefully bitcoin price will rise beyond 17.000$ again to save your money hehe. to find information about bounty maybe you can try it on bounty thread https://bitcointalk.org/index.php?board=238.0
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May 16, 2018, 03:48:10 PM
 #22

Hi, I am a crypto-hamster and bought bitcoin when it cost 17,000 and decided to trade on the Bitfinex exchange withe margin.
In this business I was not experienced, so I followed the advice of different traders and their signals.
In the end I lost 10 thousand dollars when bitcoin fell to 6k , but it was money that I was ready to lose, i.e. free.
Now I do not have the desire to trade, but I want to earn money on crypto currency, because it's interesting and I believe that the future is for the crypto currency.
Now I want to try to make money on bounty programs.
And I want to ask you advice in this difficult matter. Where to start, and is it profitable at all?
My god!
 Huh
i don't have words, but read so much from other people here, thatthey lose all money sometimes...
So, you are happy, because, you stay some capital with you!
just think, maybe  - trading  - is not yours?
maybe, you will find somebody for management of your assets?
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May 16, 2018, 03:52:23 PM
 #23

Hi, I am a crypto-hamster and bought bitcoin when it cost 17,000 and decided to trade on the Bitfinex exchange withe margin.
In this business I was not experienced, so I followed the advice of different traders and their signals.
In the end I lost 10 thousand dollars when bitcoin fell to 6k , but it was money that I was ready to lose, i.e. free.
Now I do not have the desire to trade, but I want to earn money on crypto currency, because it's interesting and I believe that the future is for the crypto currency.
Now I want to try to make money on bounty programs.
And I want to ask you advice in this difficult matter. Where to start, and is it profitable at all?

Well yes that is right do not invest a worth of money if you are not willing to loose it, but yes for me that is still a lot you should have atlest traded 5 thousand dollars. So yeah it just a suggestion but it already happened. If I may say so that 4000 USD is still a lot for me.

Back to question  of
Quote
Now I want to try to make money on bounty programs.
And I want to ask you advice in this difficult matter. Where to start, and is it profitable at all?
so yeah you can earn by joining bounty campaigns with an effort of post and making word also you can make an video depends on the campaign like

as I understand it bounty programs, it defines as a work of endorsement letting people know about the company so this my mind says:


Social Media, which you can post and endorse the bounty you joined
article, you make one about the specific bounty  
Telegram you need t go online or post even at the group chats
YouTube campaign, making videos
Signature campaigns, posting constructively on a topic and forum.

All in all there is a lot
 

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May 16, 2018, 04:07:52 PM
 #24

If I think I've started in a hurry, you have not learned about trading before, it will minimize the losses you receive, I think this is an experience to start a better future. so keep the spirit
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May 16, 2018, 05:27:42 PM
 #25

Sorry for this but you have to be able to encourage yourself and if possible you should spend time to learn how this work and trying to come back again and trade in other to be able to make what you have lose.  I will advise you to see loses as part of trading and you should learn from the mistake that make you lose money.
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May 16, 2018, 05:56:23 PM
 #26

Hi, I am a crypto-hamster and bought bitcoin when it cost 17,000 and decided to trade on the Bitfinex exchange withe margin.
In this business I was not experienced, so I followed the advice of different traders and their signals.
In the end I lost 10 thousand dollars when bitcoin fell to 6k , but it was money that I was ready to lose, i.e. free.
Now I do not have the desire to trade, but I want to earn money on crypto currency, because it's interesting and I believe that the future is for the crypto currency.
Now I want to try to make money on bounty programs.
And I want to ask you advice in this difficult matter. Where to start, and is it profitable at all?
I think your mistake here honestly following the other people and listing to what they are saying,  everything prices go down a bit and not the way that most people expect to go they just go around the forum and spreed false news, and try to make people sell, if you had any idea about what you were doing you wouldn't made that mistake and you wouldn't lost 10k, all i can recommend you to do is just learn the market before anything.
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May 16, 2018, 06:05:17 PM
 #27

Try to earn this money, invest in good project and waiting profit, or you can try to participate in bounty and get your lost money. Your should work now and in future and didn't get upset
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May 16, 2018, 06:10:01 PM
 #28

Thanks for your advice, guys.
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May 16, 2018, 06:37:56 PM
 #29

First of all, if you do not have time and knowledge, never ever try to do the margin. It can turn your balance into 0. Instead of trying to make fast money, spend your time and health to learn trading skills. There are many lessons on the internet which can improve your awareness as well as experience. Do not trade without knowledge. It will make you become a noob

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Leonard2016
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May 16, 2018, 06:56:37 PM
 #30

Are you attempting to be a day trader , swing or long term holder?
If you are a day trader i suggest not till you become an advanced trader , If you have done it and you have lost something , No need to be upset if you have learned something , we all have lost in our trading path , it is part of becoming a trader , About margin trading , I'm not agree with it even if you are advanced trader , It is very look like gambling , still you can get a good profit just by day trading of course if you are an advanced trader .


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May 16, 2018, 07:20:35 PM
 #31

Hi, I am a crypto-hamster and bought bitcoin when it cost 17,000 and decided to trade on the Bitfinex exchange withe margin.
In this business I was not experienced, so I followed the advice of different traders and their signals.
In the end I lost 10 thousand dollars when bitcoin fell to 6k , but it was money that I was ready to lose, i.e. free.
Now I do not have the desire to trade, but I want to earn money on crypto currency, because it's interesting and I believe that the future is for the crypto currency.
Now I want to try to make money on bounty programs.
And I want to ask you advice in this difficult matter. Where to start, and is it profitable at all?

That's sad that you lost a huge amount of money because you bought crypto during the peak. Next time, make sure that you are aware of what you are doing before investing. Cryptocurrency market is risky because it's market price is volatile. Take your loss as a lesson and an experience, do not just listen to advice and signals because most of them is not reliable. As to your question regarding joining bounties, it will be difficult for you now since there's a new merit system in the forum. Joining social media campaign is not that profitable since it gets lesser from the bounty pool unlike in signature campaigns.

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May 16, 2018, 10:48:33 PM
 #32

Thanks for your advice, guys.
I think you should not continue trading anymore, you can see that bitcoin prices in recent days are fluctuating continuously and adjusting in large amplitude, so to be able to trade successfully at this time very difficult. I believe that your loss is due to not having a specific trading plan or if there is no compliance also led to such a loss.
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May 16, 2018, 10:58:39 PM
 #33

Yes of course you can earn cryptocurrency at the company bounty but for this you must increase the rank of your account on the forum to participate in the signature of the bounty also you must have a lot of followers on social networks to participate in twitter and facebook bounty.
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May 16, 2018, 11:03:02 PM
 #34

Hi, I am a crypto-hamster and bought bitcoin when it cost 17,000 and decided to trade on the Bitfinex exchange withe margin.
In this business I was not experienced, so I followed the advice of different traders and their signals.
In the end I lost 10 thousand dollars when bitcoin fell to 6k , but it was money that I was ready to lose, i.e. free.
Now I do not have the desire to trade, but I want to earn money on crypto currency, because it's interesting and I believe that the future is for the crypto currency.
Now I want to try to make money on bounty programs.
And I want to ask you advice in this difficult matter. Where to start, and is it profitable at all?
If its free then why not just dont bother those coins. Are you still holding it or panic sell? if you do still hold then its not considered as loss and its much better to hold it of for long term and wait up for recovery because there would really be a time where we hit up those price ranges again.The mistake i do only see on here is that you do follow on others signals which really a no-no thing on trading world. You are really prone to fuds and hypes.

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May 16, 2018, 11:03:10 PM
 #35

One of the basic rule in trading is ' trade with the amount of money you can afford to lose' more so I believed you were carried away by the speculations surrounding the price of bitcoin that it will reach $50K then. Thus motivated you in buying at that price and trading it off in bittrex with a margin, well I believed you had learn a lesson however you shouldn't give up hence start to learn trading while you continue with bounty campaigns.

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May 16, 2018, 11:03:33 PM
 #36

Hi, I am a crypto-hamster and bought bitcoin when it cost 17,000 and decided to trade on the Bitfinex exchange withe margin.
In this business I was not experienced, so I followed the advice of different traders and their signals.
In the end I lost 10 thousand dollars when bitcoin fell to 6k , but it was money that I was ready to lose, i.e. free.
Now I do not have the desire to trade, but I want to earn money on crypto currency, because it's interesting and I believe that the future is for the crypto currency.
Now I want to try to make money on bounty programs.
And I want to ask you advice in this difficult matter. Where to start, and is it profitable at all?
The market in recent days is constantly fluctuating, if you trade without specific knowledge and plan and comply with the specific trade plan, then you lose business is sure to happen. Bitcoin prices in the past days are constantly fluctuating and difficult to predict, so that you can successfully trade you need to discipline and always put stop loss in every transaction.
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May 16, 2018, 11:42:18 PM
 #37

Hi, I am a crypto-hamster and bought bitcoin when it cost 17,000 and decided to trade on the Bitfinex exchange withe margin.
In this business I was not experienced, so I followed the advice of different traders and their signals.
In the end I lost 10 thousand dollars when bitcoin fell to 6k , but it was money that I was ready to lose, i.e. free.
Now I do not have the desire to trade, but I want to earn money on crypto currency, because it's interesting and I believe that the future is for the crypto currency.
Now I want to try to make money on bounty programs.
And I want to ask you advice in this difficult matter. Where to start, and is it profitable at all?


sad to heard lose your huge amount of money because you are lack of knowledge about trading, i always recommend those not knowledgeable in trading job, start investing small amount of money as trial how to work in trading become knowledgeable. investing in trading is very risky that's one need to kept in mind and need to be ready to lose their investment as trader.

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May 16, 2018, 11:55:11 PM
 #38

Hi, I am a crypto-hamster and bought bitcoin when it cost 17,000 and decided to trade on the Bitfinex exchange withe margin.
that's what will happen to you if you do margin trading! stay away from margin trading at all cost.
specially when you don't have any experience yet on trading world.

In the end I lost 10 thousand dollars when bitcoin fell to 6k , but it was money that I was ready to lose, i.e. free.
if you were just doing straight trading, you could still have BTC balance in your account (I assume you lost the $$ and no BTC left)
then you might be able to recoup some losses by trading altcoins while waiting for btc price to recover
even if btc never return to $17k+, you can keep accumulating btc from altcoins trading profit
and soon or later you will have enough btc balance equal in value to that you begin with

Nariza
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May 17, 2018, 01:15:52 AM
 #39

Most of the time losses is a normal thing in trading. it is very risky because you didn't know if what will happen on your digital currency. Before buying a coin make sure to research and review it first to avoid losses.

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May 17, 2018, 01:16:34 AM
 #40

stop dreaming and find another job Smiley
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