cheeseandcrackers
Member
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Activity: 155
Merit: 16
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May 17, 2018, 06:20:54 PM |
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Just hang onto bitcoin. It'll go back up eventually. Don't panic sell, that's the biggest mistake you can probably make.
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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Ridwan Fauzi
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May 17, 2018, 07:15:14 PM |
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The challenge of a newcomer who knows the world of cryptocurrency especially bitcoin and begins to trade with large capital is having a great risk of losing, especially by relying on signals that are not necessarily true. I like what you do, shed light on what has happened even though you have lost a lot of money. But my advice you do not give up, you can continue to learn to know the world of trading and return your capital losses.
I see your rank is a newbie, unfortunately, take part in bounty campaign at least your rank must have is jr.member and now rarely also jr. member can only join social media campaign. For rank newbie is difficult to get and take part in some project, only airdrop that you can join. My advice, while your rank goes up to jr.member you can learn about trading, investing or looking for information to get some tokens in this forum.
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vintages
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May 17, 2018, 07:43:50 PM |
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I know I shouldn't blame you, but really want to ask, why did you make the mistake of selling when the price is $6k-$7k? Then, the market was going through a correction and it was a normal phase. If you have the capital, I advice you to purchase some altcoin, which have high potential and some bitcoin (not necessarily 1btc). Participating in bounty is good but there might be ups and down of holding worthless coins.
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Marma Kalari
Sr. Member
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Activity: 546
Merit: 250
kittiefight.io Combat MMO Lending Jackpots
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May 17, 2018, 07:54:03 PM |
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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.
I am not really sure how much you invested when the price was $17k to loss ten thousand dollars and still you say that you were ready to loose that much amount, it does not look right, why would anyone invest that much amount of money when you have not much experience in the market, i could very well tell you that you never invested that much amount by the way you construct things about the situation.  |
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Harley_Quinn
Full Member
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Activity: 382
Merit: 104
❤️❤️❤️
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May 17, 2018, 08:49:15 PM |
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I do not think that in the bounty programs you will earn. I'm sure bounty used to be a lot more profitable than it is now.
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squatz1
Legendary
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Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
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May 17, 2018, 09:00:20 PM |
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Well I do have a couple questions to ask before we continue, have you sold the coins yet? As if you haven't then in theory you haven't lost anything yet, everything is on paper until you actually sell. You also cant say that you shouldn't think that all of this money is fine to lose, even if you can afford it it's not something which you would want to happen.
You have to take your emotions out of this trading, HODL and let the market do what it does. That's the best thing to do.
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harastvo (OP)
Jr. Member
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Activity: 92
Merit: 7
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May 18, 2018, 06:04:35 AM |
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I know I shouldn't blame you, but really want to ask, why did you make the mistake of selling when the price is $6k-$7k? Then, the market was going through a correction and it was a normal phase. If you have the capital, I advice you to purchase some altcoin, which have high potential and some bitcoin (not necessarily 1btc). Participating in bounty is good but there might be ups and down of holding worthless coins.
It was a margin call man, I did not have enough margin security)) |
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kloinko1n
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May 18, 2018, 06:13:51 AM |
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I'm sure that bitcoin will grow to the previous price. But are you ready to wait until it happens
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ghald
Newbie
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Activity: 163
Merit: 0
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May 18, 2018, 06:31:02 AM |
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I'm sure that bitcoin will grow to the previous price. But are you ready to wait until it happens
The answer now is when, right? |
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herurist
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May 18, 2018, 07:26:37 AM |
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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 a lot of money but from there you can learn there's risk you should deal with it. Bounty program is the right way to earn money and the task is not difficult. You only need to find the ICO project on Bounties section, follow their rules, finish the task and get the coins. You can choose any project you like but always follow their rules. Good luck to you. |
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trang1188
Newbie
Offline
Activity: 83
Merit: 0
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May 18, 2018, 07:35:59 AM |
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everyone will fail when we start,you and me and everyone also lost many monney in the stock and crypto,it is normal,but after that we need learn more exp,you never use margin,it is very dangerous,you can fail one time all profit will go out,now you can do bounty on bitcointalk and invest again,we have to take all money that we loss
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Maestro75
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May 18, 2018, 07:51:31 AM |
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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?
Sorry about that. You must be rich for losing $10,000 and not worrying yourself over it. It is good that you moved on. But you are making your initial mistake again by following signals from different traders and you are now also asking us here to give you different advices. It is the same mistake you will make. I can suggest to you to take your time and read materials on trading and not just follow everybody. |
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ss890
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May 18, 2018, 08:02:52 AM |
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When you compare the price of bitcoin to 17,000$,you may come to conclusion loss of 10k$.I had one idea for you,buy some Bitcoin with today price and hold that bitcoin.Then hold both of this bitcoin ,till the price reach 17,000$.Then you will get same 10,000$ as a profit.
No thats not the proper way to do it. When I saw this post I already made comment about this, 17K USD was too high when he bought and there is no way for the OP to have patience and wait for the BCT to grow back to that ATH. Selling those coins right now will insure huge loss, and it would be impossible to catch the break even point after doing that too. So I would say holding is the only option for now. Apart from this they can buy new coins with completely new money, and benefit. |
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gorodi
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May 18, 2018, 12:25:55 PM |
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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?
Sorry to hear that my friend because 10 000 is a big number I think there are 2 options. You can either use your experience to start again on another chance or just leave this violated market The guy was simply unlucky. I would better recommend him NOT to sell his Bitcoins and altcoins but wait for a long time when the cryptocurrency will grow. In this case, the loss will be less definitely. |
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coinwizard_
Jr. Member
Offline
Activity: 336
Merit: 5
Most Advanced Crypto Exchange on the Blockchain
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May 18, 2018, 08:40:47 PM |
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Buying bitcoins at $17,000 is unlucky. it was profitable for a short time as it actually went up above $19k but you had to sell quickly in order to profit from it. Now it will take a while to get back to the all time high but do not worry, it will get there eventually and far beyond that
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CRYPTOCIRCLEX | THE MOST ADVANCED CRYPTO EXCHANGE ON THE BLOCKCHAIN
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parlament9
Member
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Activity: 154
Merit: 10
OPEN GAMING PLATFORM
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May 18, 2018, 09:48:11 PM |
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Hi!
Just look at ONT. Then look at the history ONT by means of Google. Then you can write a new post "as?! why I haven't come into airdrops and bounty earlier?!"
It is very profitable. There are many tactics and schemes, just use Google and choose that is closer to you: to take many bounty on Twitter and Facebook or to choose the most qualitative ICO)
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henmark
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May 19, 2018, 07:31:59 AM |
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Even if the money was for free it doesn't means that you should be ok with losing it, as that was your money and you could have saved it or invested in a coin and hodled it. Trading isn't for everyone and trading in a volatile market like crypto market isn't very easy and very few people are able to turn a profit from trading.
Losing of this much of the amount in trading is a very much disturbing situation but the fact is you need to keep your nerves under your control so that you may not end up making any other foolish decision. You need to stay patient and that you need to look for the ways which can help you in recovering that loss and that you can only do when you will not quit doing trading and that you will work even harder. |
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kunpeter
Newbie
Offline
Activity: 57
Merit: 0
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May 19, 2018, 08:16:55 AM |
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When you loss in trading don't try to over trade by adding another money to win they other money you lost back,know they cause of they mistake,learn how to trade or research for advice from professional traders in bitcoin with that you can make it big in the future.you have to accept the lost and become a good trader in bitcoin
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harastvo (OP)
Jr. Member
Offline
Activity: 92
Merit: 7
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May 21, 2018, 07:55:43 AM |
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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?
Sorry to hear that my friend because 10 000 is a big number I think there are 2 options. You can either use your experience to start again on another chance or just leave this violated market The guy was simply unlucky. I would better recommend him NOT to sell his Bitcoins and altcoins but wait for a long time when the cryptocurrency will grow. In this case, the loss will be less definitely. It was a margi call, i dont have bitcoins now)) |
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moshk555
Member
Offline
Activity: 224
Merit: 10
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May 21, 2018, 08:16:33 AM |
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That's a huge loss and same thing has also happened with me where I lost most of my invest but I did not give up started from basic again and work hard and start with small investment again and slowly I grow up my portfolio again and now I have recovered my that loss also and now I am in profit.
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