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Author Topic: I lost 10000$ in trading, what should I do?  (Read 1804 times)
enawati
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May 17, 2018, 01:19:54 AM
 #41

If you just jump in to trading, its never use margin because margin trading only for experience trader, volatilitas of crypto so high and you will loss in big money when wrong prediction, and by use margin the lose will be bigger. Now you can join bounty program and also learn more about your trading mistake and make new trading plan.

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May 17, 2018, 01:34:17 AM
 #42

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
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May 17, 2018, 01:47:28 AM
 #43

I can't believe this, because being a trader when he experiences loss, automatically he'll look for something alternative to make trading more profitable. Here strategies and alternate plans need to be ready to take effect. If the user begins to rely upon luck for his profiting it gets ended in loss.

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crzy
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May 17, 2018, 01:49:17 AM
 #44

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?

You can start again and learn from that experienced. Never to trust anyone again aside from yourself in trading because it's too risky to do so. I'm glad that you invest the money you don't need much, so I can assume you are still capable to invest some money here. Invest on bitcoin again, don't lose hope, learn more and for sure you can win in this market in the future.
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May 17, 2018, 01:52:12 AM
 #45

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?
to start in bounty you nees to visit the bounty thread check and follow all the instructions given in the bountythread. Profitable? yes, but you need to put more effort to earn and base on your rank this will be hard for you to earn decent amount. Its better to find a real world job than hoping to recieve decent amount in bounties.

Don't mind me | Just checking out here for Duelbits Promotion | Bitcoin 1M | Duelbits no 1
Chronos_angel
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May 17, 2018, 02:33:40 AM
 #46

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 believe if you do not really have a trade experience you should not use large capital, only with a small capital to look for the next new experience with big capital. For now, it's good to quit when trading because I think your stress level should be high and the emotions are certainly not controlled.
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May 17, 2018, 02:43:00 AM
 #47

so I followed the advice of different traders and their signals.
This is where you fucked up, right here.  My opinion is that most people who trade and who post on forums like this don't know what they're doing, and none of them predicted bitcoin would drop after hitting $20k.  So it's not surprising you lost a ton of money by listening to them.  Most of them are into technicial analysis, which is a bunch of bullshit.  Tell me how many of them knew a crash to $6XXX was coming or that we'd be where we're at today.  Probably not many, and if they made money on the market, they're not posting here.

You take your chances when you trade bitcoin.  There's no fundamental analysis to be done, regardless of how many people tell you it can be done.  FA has to do with stocks and bonds, not crypto.  And TA--as I said--is voodoo science.  Buy-and-hold is the way to go IMO, but you have to not buy bitcoin at its all-time high. 

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May 17, 2018, 02:49:02 AM
 #48

Maybe you should increasing your knowledge of cryptoworld first, or you will pay a lot to earn experience.
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May 17, 2018, 03:46:49 AM
 #49

Sorry for your loss, but remember the lessons you have learnt in this process. Bounties are great for higher ranked members but you can take your time to read the rules and start participating in simple ones like the telegram or social media bounties.

Nah, iam agree with this thread.
you can following introductions bounties campaign, and then sell your rewards until your money back like long ago.
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May 17, 2018, 03:51:31 AM
 #50

In investment, there are always losses in investments, and you need to accept these risks. Those with Bitcoin never lose money when Bitcoin prices increase over time. If you are currently losing money at the current rate, you can hold it for a long time and make sure you make a profit.

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May 17, 2018, 03:53:35 AM
 #51

It surprising, you lose $ 10k and you are still fine. eventhough your money that was ready to lose but 10k is a big amount. Trading is not easy and we should learn before do it, you should start with small amount and when you feel you have enough of experience you can start with large capital. To join in bounty you also have to learn about crypto currency and increase your rank.
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May 17, 2018, 04:27:45 AM
 #52

You have to make better trading strategy, and you should sharing with other expert trader by join private channel to know more how professional trader hasbeen make profit from unpredictable price of crypto.  Dont forget to make risk management like always use stop loss in every trade.

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May 17, 2018, 03:02:19 PM
 #53

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.
Thanks, man
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May 17, 2018, 04:13:34 PM
 #54

This is so bad man! But I would suggest always remember that you can earn new money everyday, as you still breath, so its not the end.
Yes don’t leave you hope for earning as bitcoin earning is full of opportunities and you can even better than this as next time you will be more careful and you will not repeat the same mistake which has been the reason for your lose, anyways I am sad for the huge lose but at the same time I would say don’t lose hope and keep in touch with trading you will earn very high after that, new opportunities will come to your way it was not the last time for you.
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May 17, 2018, 04:19:39 PM
 #55

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?
yes it's profitable if you are willing to work on bounty, but the amount that you will get might be lower than you can earned on you previous works , since if you can afford to lose 10k, means you sure have more money that you already earned before.
note you must know that on bounty not all project will pay you, sometimes they will leave the bounty hunters or you will be paid really-really low.
So good luck dude

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May 17, 2018, 04:29:55 PM
 #56

At first you have to hold the bitcoin,which you brought at the price of 17,000$.Secondly you can use the trading to get some profit.The fluctuation in the price of bitcoin is common one now .So you can use the fluctuation to buy bitcoin at low price .Then you can easily get profit.
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May 17, 2018, 05:10:55 PM
 #57

At first you have to hold the bitcoin,which you brought at the price of 17,000$.Secondly you can use the trading to get some profit.The fluctuation in the price of bitcoin is common one now .So you can use the fluctuation to buy bitcoin at low price .Then you can easily get profit.
I believe that your trade is very good and you lose so much because you trade without a specific plan. You can see that the market has been fluctuating continuously over the years and it is difficult to predict, because the trade is very difficult, the bitcoin price is in the long-term down cycle, so you always have to plan. specific in the trade.
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May 17, 2018, 05:12:17 PM
 #58

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 feel bad that you have lost a lot of money when you invested. Based on what you have said, it seemed that you invested in bitcoin out of FOMO. Next time, make sure that you are aware of what is happening in crypto. Crypto is not a magic that will make you rich just because a lot of people made it. It is not an easy way to earn, it requires a lot of emotional torture since the market will go up and down any time.
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May 17, 2018, 05:27:33 PM
 #59

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 the goal is to acquire bitcoins then you should not sold yours in the first place even price went down much because as you said, you are ready to lose it. What you need to do is to keep up with every price dip and add some on your stash. Based on your statement, if you really afford to lose that kind of amount then you have some sort of good sources to buy again another rounds. You are now back to scratch without any bitcoin on hand. Since you already take the risks then why not take it to the maximum level while riding every price trend on the way. I don't know now if I will believed in your story.

Well moving on, bounty programs is not as easy as you think as it has also lots of risks. If you are willing to spend time that may lead into waste one or have a properly managed time then pushed it. Where to start? It will be a spoonfeed so better read the instructions at some of the bounty threads here:

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May 17, 2018, 06:04:47 PM
 #60

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.

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Available in
EUROPE | AFRICA
LATIN AMERICA
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Download on the
App Store
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GET IT ON
Google Play
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