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Author Topic: I lost 10000$ in trading, what should I do?  (Read 1793 times)
perla
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August 10, 2018, 05:18:35 AM
 #181

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
he don't have any experience and dare to trade with only advice from other traders. it is a big mistake because he can follow what they order and only end with loss. and now he want to join bounty with market condition like this to recover his loss

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August 12, 2018, 06:23:50 AM
 #182

it is the beginning, do not despair, stay motivated because failure is a success that has not been achieved.

This is not a very big issue. It happens in the start when you are not experienced enough in the market. One should they to expand his/her knowledge about the technology every new day because if you go with time, you will be able to escape losses in future by making good decisions and not bad decisions. Besides, a long term investment gives you enough money in the end which meet the margin of the money you have lost in the start and helps you earn even more.
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August 12, 2018, 07:35:43 AM
 #183

Of course, if you lose so much money there is no way to recover it because many people are losing money in trading and start a new investment again to recover it.
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August 12, 2018, 07:36:56 AM
 #184

This is a big experience you have done in trading, I think you must learn from these mistakes and watch and observe the market again and try to fully to recover this loss because every time is not a bad time but give you a lesson for next time.
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August 13, 2018, 04:30:42 PM
 #185

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?

17k buy that was just an unlucky buy.

Investments in crypto are plenty. If you don't want to trade you can rent mining hardware, buy your own hardware, do staking, join crypto communities and many more
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August 13, 2018, 04:45:42 PM
 #186

If that's the amount of money that's going to lose you in trading it's impossible because you can stop trading when you've lost 100 $ to 200 $.
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August 13, 2018, 04:56:26 PM
 #187

keep that spirit is the beginning and will be strong if you remain diligent and passionate, that is the beginning of your success.
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August 13, 2018, 05:23:56 PM
 #188

keep that spirit is the beginning and will be strong if you remain diligent and passionate, that is the beginning of your success.
That's fucking $10k, what do you mean by beginning of your success. I don't know if you don't read the title or not but sure $10k isn't a small amount. And he/she can't easily just move on and forgetting that shit $10k lost without effort to recover it back.

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October 01, 2018, 02:29:13 AM
 #189

That too much loss, in bull market you can make that money in to 10 times profit. I think greedy was bring you to big loss because you used margin. If you did not use margin you can still recover that loss by trade remaining balance with other altcoin or keep hold and wait for next bull market. Crypto Margin trading is very high risky, so you should be use not more than 5% of your trading balance. Currently bounty program also not really profitable because some ICO failed, i think good way to recover that loss is by start trading again in spot trading and not margin trading.

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October 01, 2018, 03:58:23 AM
 #190

10,000 is very big amount in my country that is half million. Better before buying altcoin you should do some research  I think why other traders are failed on trading because they buy altcoin without doing any research  so the coin they buy is not potential coin.
Here I am still just starting trading, so I will be more careful to do this trading. maybe at first I pursued the maximum profit. After I joined, I learned to not carelessly play. who must still follow the rules. Because getting 10,000 results is not easy
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October 01, 2018, 07:55:18 AM
 #191

The amount of money you lost is quite high, but what I really want to know here is how much experience you have during this loss. If you have not gained enough experience with this loss, I would advise you not to continue this sector because you can increase your loss with new errors. But if you believe that you have enough experience, you can regain your loss by making new trades, new investments and even start to achieve profit margin. As a result, it is up to you to continue or leave the sector depending on your experience.
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October 01, 2018, 11:42:41 AM
 #192

That is the problem when we thought we are following their signals in a right track, but the it was the other way around. Sometimes, trusting your own Technical analysis is always better than relying on someone's prediction and TA. Anyway, lossing that big is just the start to achieve yhe success in margin trading
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October 01, 2018, 12:07:46 PM
 #193

I think the money you lost is very large and you probably did not finish the right time. Trading is very risky but also very profitable but if you do not have the right strategy will easily get the unfortunate consequences. Because the crypto market is changing fast and complex.

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October 01, 2018, 02:46:10 PM
 #194

When we lose large sums of money - we should never try to win back, as if we are in a casino. Usually this leads to the final loss of all money. The only way to regain your losses is to try to make money again, carefully and keeping calm.
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October 02, 2018, 06:11:57 AM
 #195

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

Yes, many people lost much money due to the unexpected fall of the market. meanwhile, the best way out now is NOT to sell the rest of the cryptos and wait when they grow.
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October 02, 2018, 07:39:01 AM
 #196

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?

Although you lost 10K in trading but best part is that was the amount you could afford to lose, you must have gained a good experience out that but a bit expensive, I have gone thr such situation as well, trading is first of all not for everyone, if you are not able to control your fear and greed than trading is not for you, second part is you must have some base to take any trade, means a strong reason behind taking a trade, third you should have a clear target and SL in trading, there is no place for emotions, Suppose you bought BTC at $17K with a hope that it will go to $20k but it comes back to $14K which is your last risk then you should cut down your position there, sometimes what happens as soon as you cut your position it start rising and that is the point where emotions play role, next time you do not cut the position and it will slide to $6K, so everything should be pre planned in trading.

Rest it is the best time to hold crypto currency, you can go for some good coin and hold it for next 1-2 years, it may give you good profit. Regarding bounties, so many projects are running you can join any of them but before joining read about the company, project concept, percentage of rewards etc, that will be plus point.

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October 03, 2018, 07:07:52 AM
 #197

Losing $10k is big money, and hopefully, you can recover your loss in the future. And if you still have bitcoin in your wallet, don't sell right now and keep it until the price can increase to the higher price. And related your question about the bounty, I think you need to research by your own because there is too many ico in here and you need to find which is ico that can give you profitable in a long time.

But for your information, many of the ico projects delay their reward to the participants, and we don't know what the reason behind this is. So you need to think about this before you join with the bounty campaign.

Maybe it still profitable to join with the bounty but as I said, it is too difficult to get the legit ico today because they are too many and we cannot find in the short time.
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October 03, 2018, 07:19:44 AM
 #198

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?
Bounty program is very profitable just that it is hard to make money from it and you should be ready to spend quality time to work.  The most important of it all is been able to select a good project and bounty to promote.  You should know that to recover your loses you must participate in many bounties and ready to follow the rules.
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October 03, 2018, 07:29:05 AM
 #199

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 as a newbie in trading you should not start trading with 10k$.I saw many traders give signals to buy a coin.Most of them are paid or have groups to pump a coin then they sell their coin in profit and others people lost their money.For newbie,invest low research more.When I started trading my first invested money maw 75$ and I sold that coin 190$ then I bought few coin 190$ and sold at 500$. Before start trading make own research and then buy.Don't jump to buy any coin hearing any signal.I saw many trader told that that this coin is going to hit 100$ but I saw that coin is totally bullshit.

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October 03, 2018, 08:24:43 AM
 #200

10000$ Is a huge money for me to loss in trading at the start you will know how to trade and don't quickly join in trading and hopping that It will increase Because Trading is more than risky in investing.
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