I lost 10000$ in trading, what should I do?

[East2011]

If you lose your money. Maybe you should change your strategy. And don't rely on what other people will tell you. And don't easily believe on their signals. You should trade base on your knowledge.

[sedahan13]

There are other trader was loss more than that, and they keep learning to understanding what wrong with previous trade. In my opinion you should be start trading again with better trading plan and dont use margin, because margin trading nearly to betting and will be hard to get profit consistently.

[rose9696]

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 you should wait until next year, when the price of bitcoin has progressed to $ 8k or $ 9k, sell it and make money from scratch. That is the biggest mistake that traders often trip. Experts' predictions are seldom right, it's just an excuse.

[secondbtc]

Recover that amount by giving service, like become bounty hunter etc
You have earned a lot of knowledge as a trader share your experience with people , create youtube channel

learn from your Mistake and help other trader by sharing your experience.

note- while trading you must be emotionless

[OrangeII]

When you lose and lose money, i think you should look at your own atrade. The basic knowledge of Bitcoin and Altcoins as well as the crypto market is very important to us. If you do not know it is very difficult to make decisions at times.

I think it's a risk that you have to bear. when you lose money in trading for some reason, well, you have to be ready. because I feel that when you enter the world of trading, you must know every risk that you can meet, and not complain about it. Well, I'm sure there are still many people who lose more.

[tonlong]

$ 10,000 is a small amount of money so i suggest that you consider the trade. You should focus on potential coins and trade in moderate amounts because you have lost a lot of money. Check your trade as well as the process of buying and selling when the price of coins is reasonable?

[cintamoni]

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.

Win or loss is a part of trading. Ofcourse if he lost this much big amount, it means he has such big amount to invested in trading and he is not a poor person and must have a lot of more money.

[bummm]

When you lose and lose money, i think you should look at your own atrade. The basic knowledge of Bitcoin and Altcoins as well as the crypto market is very important to us. If you do not know it is very difficult to make decisions at times.

Many of the guys decided to buy Bitcoin when it was over 17 thousand, and it was the common mistake of everybody. Being haunted buy that hype around the cryptos, they simply forgot about the market high volatility.

[voztata]

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, if I were you, the first thing I would do is cool off and step a little back, at least, that's the first thing I would do. I mean, I would surely get emotional if that would happen to me, since $1,000 is still a big amount of money, and it can still affect how much fund you are using either as capital or circulating in your investments and trade. After stepping back, I will study whatever mistakes I made or what actually affected and caused the loss, it is like one big blow, or is it an accumulation of many things? Then, after knowing that, the next thing to do is make use of what I have learned to try to get it back, but make sure that as you do that, you don't rush.

I think after losing 10k it would not be wise to start hunting bounties considering it wouldn't pay even fraction of that. For you to get that back I would start suggesting by finding ways to gather as much crypto as you can for as cheap as possible.

Depending on how much money you have you can start off with something like dash which would give you both increase in price if it goes up but also chance to "mine" it by just having it, you can of course check out other masternodes. Mining takes a lot of money to start whereas masternodes do not require you to have your capital tied anywhere and you can leave whenever you want.

[Alfiehob]

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.

However, you will agree that it is very difficult - to calm down and start from zero when you lost everything. I sympathize the crypto losers and wish them more luck.

Agree because when you intend to recover loses you might put emotions into your calculations and analysis so that your calculations are not very accurate. let it go dude! and learn about the mistakes you experienced and don't repeat it. just playing as usual don't be too depressed to recover

I think you should continue in trading but with more care and patience. If you quit trading you will not be able to recover your deficits. Trading is the only way to recover your deficits. Therefore I suggest you to stay in bitcoin trading and in the future you will definitely return your lost money due to rise in the price and better atmosphere for trading.

[msk19]

Start already to study the market and do not sell bitcoin. If of course you urgently need money, you can trade on other coins. But without the appropriate knowledge it is better to do nothing at all.

[entar pasar]

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?

maybe in my opinion, your mistake isn't doing diversification for your investment, you should not put all dollars you have in bitcoin, you should put some of it, and some others might be placed in another crypto

[iTradeBit]

A bounty program can be profitable, it all depends on a number of factors:
Fame and reputation of the founders of the project.
Amount of fees if ICO has already started. Practice shows that if the project in the first couple of weeks collects only 50-100k, then there is nothing to catch here.
The number of participants in the bounty campaign.
The total amount of remuneration is fixed and is divided among all participants according to the results of the campaign.
It is desirable that the remuneration not to be fixed, but as a percentage of the work done.
By choosing these parameters, you can make good money naturally. It is better to participate in a few and fulfill their conditions. Then it is worth waiting for income.

[hridoyb]

Bitcoin is the crypto-currency coin and its violate any time so sometimes its price up so much and sometimes down so much.Last 1 year bitcoin price got down and down now bitcoin price under 7000$ so if you bought it 17000$ i advised to u never sell it this time. Bitcoin will back so never disappointed just hold and wait for this moment.

[ErmaburR]

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

The time for research for this guy has finished. He already lost big amount. Now the question is how to recover this deficit. I know just one solution and that is to trade effectively daily and observe the price and look the trend of the market carefully. If you have trading experience you can recover all your deficits in few days. Price is no matter for experienced traders.

In how time you lost this huge amount of money? You should wait for more time than that.  There are no chances to recover this deficit in the current situation of the market. Stay for some more time and when the price rise little bit you can start trading in bitcoin and can get back your lost money. In my view there is no other way than trading and staying.

[AlNu]

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 you still have Bitcoins, just keep them and do not trade them. And on the bounty now you will not earn much, now the majority are throwing bounty. Many scam projects and few companies that pay. And as a result, the amounts are much less if you worked in a regular job!

[coffigayo]

In my opinion, you must really understand about cryptocurrancy, so you won't lose anything from cryptocurrancy, because with your trade. I think you must learn from these mistakes and observe how the market works.

[Rohtox]

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.

However, you will agree that it is very difficult - to calm down and start from zero when you lost everything. I sympathize the crypto losers and wish them more luck.

Agree because when you intend to recover loses you might put emotions into your calculations and analysis so that your calculations are not very accurate. let it go dude! and learn about the mistakes you experienced and don't repeat it. just playing as usual don't be too depressed to recover

sure. do not panic when trading use your money as best as possible, learn about support and resistance so that you are not wrong when selling and buying and avoid fast pumps because it is very risky even though it can get big profits too but the risk of big loss to

[Arthurian60]

Well its very easy to loss money in trading. Sometimes you can be confident of making profits and once you throw away all the money you plan go trading by one simple mistake. When you follow the wrong signals, wrong groups, you become a victim. There is no time to cry. You must find a way and learn what you did wrong and correct it. Study TA, FA and take good signals and you will make good profit from your trading.

[karungbitcoin]

You hasbeen loss because greedy and did not use stop loss. Before trading by use leverage/margin we have to know the risk and possibility the money turn in to zero. I started trading 3 years ago but when i want to try margin trading i just use $100 because i know the risk. In trading we have to understanding the risk and by know it we can manage it better.