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Author Topic: I lost 10000$ in trading, what should I do?  (Read 1801 times)
ShineftChaos
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June 09, 2018, 08:48:55 AM
 #161

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?

there is still a way for you to recover your loss, holding your coin for a very long time will make you get the money back because the price of bitcoins is expected to reach $50k dollar before the year ends so keep on holding your coins today.

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August 09, 2018, 01:09:21 PM
 #162

Even though it is free money but it has a huge value, it is a pity if you experience a loss of money like that.

And now you have to find the money by following the Bounty Campaign. But still the spirit of friends because hope is always there.  Cheesy
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August 09, 2018, 01:11:53 PM
 #163

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, you don’t have to do anything but to wait, you lose so much that is very disappointed in your part and I think almost lose your hope but you need to wait a few months for the recovering of bitcoin and wait December where I think it’s time for great pump.
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August 09, 2018, 03:55:01 PM
 #164

if you lose don't ever despair because trading in crypto cannot be guessed and is not easy, there is always a risk but there is always a way to succeed if you are diligent and patient.
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August 09, 2018, 04:01:36 PM
 #165

There is nothing you can do if you are already lost $10000,, you just need to make better decisions next time.  Meanwhile,  it will do you a whole lots of good if you could  do some sort of post-mortem of all your trading decision that led to your loss and learn from them.

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August 09, 2018, 04:03:38 PM
 #166

Hodl your coin until you got ROI or Return Of Investment back. Never ever sell your money on loss. Except when you are in a coin that is a shit. Bitcoin as far as it concerned, it is not a shitcoin so DON'T SELL ON LOSS.
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August 09, 2018, 04:32:09 PM
 #167

it is the beginning, do not despair, stay motivated because failure is a success that has not been achieved.
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August 09, 2018, 04:55:16 PM
 #168

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 , this is profitable for you to join bounty program , but this is not a magical way to make earnings  because at one side you are at newbie level ( low payout for lower rank users ) and at another side not every bounty program will give perfect amount of reward for us because Thier tokens can have even zero value until they will get launch at perfect exchange .
But still you will be able to make earnings in sufficient amount , you can also join many types of bounty programs like Facebook share links , Twitter share to get reward by the campaign easily.
But here my suggestion for you is that , you should not directly join any bounty program blindly , first try to figure out with your own analysis sense that whether the bounty project at which is based , is better or not i.e looking guinine or not or they are just making advertisement free of cost by reward of tokens , in this way your earnings will be in better amount because of better value of the tokens .
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August 09, 2018, 05:26:50 PM
 #169

I think you should have been more careful in trading. Never rely on others advice, always research on your own. Anyway, right now you should start participating in bounties, if you do it well then you can earn a decent amount in a few months time.

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August 09, 2018, 05:39:26 PM
 #170

The question is what you were doing until the time you came to know you have lost more than 10,000 USD in your trading. I think you should stop trading because loosing that kind of money was worst to see from anyone in the crypto world. I mean just imagine mate you loosing money over 10K will be lesson for some other guy with smart strategies and could have made him millionaire with that kind of bag. I’m not joking eith this at all. You should either change your strategy of trading or you must choose other ways of trading.

 
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August 09, 2018, 05:47:22 PM
 #171

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 for what you lost, crypto is indeed unpredictable and can be very risky to those who are only following other traders. The only thing you should do is to learn how to trade crypto wisely.
You can join bounty program, there are hundreds bounties that you can choose but it is not a guarantee that you will earn something especially if you are joining an ICO bounty. You may earn decent amount in few months but you may waste your time as well if the project failed/scam.

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August 09, 2018, 06:01:05 PM
 #172

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?
A couple years back participating in bounty campaigns used to be very profitable even more than trading or participating in a signature campaign because back then the competition was pretty less and not a lot of people here knew about bounty campaigns but now altcoin section is far more popular than any other section here in the forum.

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August 09, 2018, 07:27:23 PM
 #173

Losing is always part of this game which makes us to raise our shields higher the next time. Now loosing such funds should not depress you, rather a means to pursue and relearn to get back your funds back. Coming to bounties, know that it is not easy as it sounds. Certain conditions should be met before qualifying for a bounty token. There are different types of bounty, Facebook bounty, Twitter bounty, Media bounty and BTT bounty. Each have their different stakes so all you need do is apply for the one you qualified for.
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August 09, 2018, 07:30:10 PM
 #174

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?
first, sorry about your lost, but that is was deal with a games of trading. I suggest to you for keep your bitcoins, just deal with long terms, just believe once bitcoins do a revival your money will be back. yes, you can do earn from campaign or many of airdrop. that is best way to make profitable.

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August 09, 2018, 08:06:04 PM
 #175

Ok here is the first step nothing is instant in the Bitcoin world and learn to hold your coins. Just with your incident, you can simply hold the coin up to a point when the price recovers to the previous point and you will have all of your investment back maybe with a bit profit too. Try to make smart decisions instead of quick decisions that will make your trade much more profitable and Secure.
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August 09, 2018, 09:58:03 PM
 #176

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 you should stop immediately, should not continue to trade, I believe this point you should only short-term investment and trading day to be able to minimize the risk. But you can see that the market in recent days is fluctuating continuously and bitcoin prices are constantly decreasing in the past time, so you should limit and should not trade at this time to be able to Total capital to profit.
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August 09, 2018, 10:22:25 PM
 #177

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?
With a market that is declining in the long run and bitcoin prices are falling sharply in the past time, I believe that at this time you should limit the transaction and it is best not to trade at this time because The risk is very high, the profit is low but the damage will be very big when the bitcoin prices fell sharply. I believe that at this point you should stand out from watching and wait for bitcoin prices to stabilize again to be able to retire.
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August 09, 2018, 10:37:32 PM
 #178

In this bear-like situation the market is experiencing the best thing to do is to abstain from trading because everything is so volatile you could lose a lot more than what you lost already. Only start up again when the market becomes better because only then you can rely on your predictions.
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August 09, 2018, 11:43:46 PM
 #179

I'm sorry to hear that. It's good that you were ready to lose this money and it didn't hit you hard.
Earnings on bounty campaigns are not so unambiguous. The higher the rank of your account, the greater will be your reward for completing tasks.
I think that you can do this, but as an addition to other activities. I'm glad to hear that you have very interested in the crypto topic. It means that you are ready to listen. I hope that you got a lesson and more (at this stage of your knowledge) you will not use margin trading and even more signals from other traders.
To begin with, you just need to do your training. Learn as much as possible about the crypto market and trade, read the news, build your assumptions, but don't listen to the advice of others. Learn to everything yourself. Only this will bring you a real profit. Explore participation in ICO (but only beforehand having perfectly understood this issue!).


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August 10, 2018, 03:33:43 AM
 #180

Sorry if you lose 10000 then you can do now is look back to find out why you lost the dollar and then you should fix them as well as you should find new business plan. To recover the money you lost and you will soon get back your lost money
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