Story of crypto market

[wayancrypto]

This year is very bad situation for crypto market, since 2 years i jumped in to crypto trading, in this year is my biggest loss. Because all crypto going down to much even Ethereum was dumped hard to 85% from the top price. But i believe there are another bull market will be coming soon.

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[Toukexx99]

immediately wd the profits obtained, Most traders do not realize that profits should not be mixed with capital. for example, you start trading with a capital of $ 5,000 and you have managed to collect profits of $ 1,000. then immediately withdraw the profit. Leave the balance on your account back to $ 5,000.
 Why is that?
This is so that you do not "fall asleep" by assuming that your capital is still "safe" even though you are experiencing losses. Like the example above, you have managed to make a profit of $ 1,000 so that your balance becomes $ 6,000. In the next transaction it turns out that you experience a floating loss of up to $ 1,000. In situations like this, a trader often thinks, "Ah, my equity is still $ 5,000 which is 'lost' only yesterday's profit."
This feeling of calm washed away. Often traders who are in such conditions actually expect prices to bounce back, so that he can get a profit. Often it is precisely when he really loses, regret arises because he thinks his hard work of collecting profit before becomes futile. Even quite often traders who mentally dropped at that time and wondered, "Is trading really suitable for me?"

[Mpamaegbu]

Crypto market is full of blood and tears.
Certainly many people who enter this market long enough will have losses money, even lot of money.
I've lost a lot money because of the margin. When I think I know everything about this market. That moment I was gone.
Have you ever lost a lot of money? Please share with me your story about this market. I want to learn from you. Thanks a lot.

The truth remains that anyone who hasn't lost money in cryptocurrency is yet to make a purchase. Profit and loss is the name of this game. It has wrecked more people than it has turned out millionaires. The industry follows the kitchen principle: If you can't stand the heat, get out of the kitchen

[Jating]

Crypto market is full of blood and tears.
Certainly many people who enter this market long enough will have losses money, even lot of money.
I've lost a lot money because of the margin. When I think I know everything about this market. That moment I was gone.
Have you ever lost a lot of money? Please share with me your story about this market. I want to learn from you. Thanks a lot.

The truth remains that anyone who hasn't lost money in cryptocurrency is yet to make a purchase. Profit and loss is the name of this game. It has wrecked more people than it has turned out millionaires. The industry follows the kitchen principle: If you can't stand the heat, get out of the kitchen

This is true. Those who hasn't lost are those people who are just speculating from behind and as if they are real experts in trading. LMAO.

But if you are going to look closely, those people haven't had any experience in trading. This bear market has really brought majority of us from brink of quitting crypto (at least on my end), however, I just look a the bright side of it and thinking that this is how the early adopters or those who are in the bear season from 2013-2014 and some of them survived up to the last all-time-high and take a lot of profits.

So let us be that person now, lets take this bear season in stride and hope that break out can happen anytime within the remaining months or the start of 2019.

[metribitcoin]

Use margin in crypto trading is one of the mistake for newbie trader, and second mistake is did not use stop loss and greedy. Learning from previous trading mistake , we should be avoid greedy and create better trading plan. Become successfully trader need times and we should be pass alot of thing like loss, stress and others emotional, but by surpass it we will make our self become pro trader later.

[el kaka22]

Use margin in crypto trading is one of the mistake for newbie trader, and second mistake is did not use stop loss and greedy. Learning from previous trading mistake , we should be avoid greedy and create better trading plan. Become successfully trader need times and we should be pass alot of thing like loss, stress and others emotional, but by surpass it we will make our self become pro trader later.

The problem with most newbies is that they are always jumpy and in a haste to want to make every single money they can lay their hands on in the shortest possible time. That is not a bad thing, even though it can be a bad approach to trading most of the time but the funny part of it all is that they tend to discard the side of learning as much as they can before even trying out any market at all, whether a spot market or a margin market and that is how they pretty much get burned most of the time.

It is no harm to try out margin trading, as long as you know you can handle yourself, but in the vein of trying to approach the market without knowledge, margin trade can get you done before you even started.

[justspare]

This year has been really rough on all of us, I have been working for bitcoin for years and this year has seen most of my time going to waste.

I have worked and earned bitcoin as long as I remember and this year has been the only year where my money actually shrunk and by the fact that I do not buy my bitcoins but work for it, this new devaluation has seen many of my hours spent working has gone to zero because I have lost all that earned money into devaluation at the prices.

When you work and save up thousands of dollars and it drops 20% it means that 20% is the time you spent working but never got paid for. This is a big big part of bitcoin and why there is no interest in it anymore. I am a fundamental believer and no matter how much I lose I won't be going out completely keeping some of it in but it just shows why we are here where we are.

[apityeh71]

I think more than 50% of crypto trader loss money from crypto trading because all crypto was long down trend since January. I loss more than 50% and I keep waiting for next bull market to recover that loss,  and while doing day trading. I learned much thing from this bearish market,  and I will make better strategy to avoid so much loss.

[Cryptomilz]

In this bearish market i been loss alot money, i bought some coin on february and till now the price continue down. I dont have any choice ,except only hold that coin. My most bad story is loss about 0.4 BTC just in 1 day because the price of the coin dumped by their developer. But i still have hope so that my loss will be recover soon next year, i believe later crypto market will be change to bullish.

The crypto space is awash with many of such stories. A lot of people have lost quite a lot of money to this bears season and the only advise most times is to hodl. Again, in hodling, ensure the coin you're hodling has a future. Shitcoins have no future and can become completely valueless with time. If you have any of those, do not hesitate to sell them off.

[eaglewhite80]

This year has been really rough on all of us, I have been working for bitcoin for years and this year has seen most of my time going to waste.

I have worked and earned bitcoin as long as I remember and this year has been the only year where my money actually shrunk and by the fact that I do not buy my bitcoins but work for it, this new devaluation has seen many of my hours spent working has gone to zero because I have lost all that earned money into devaluation at the prices.

When you work and save up thousands of dollars and it drops 20% it means that 20% is the time you spent working but never got paid for. This is a big big part of bitcoin and why there is no interest in it anymore. I am a fundamental believer and no matter how much I lose I won't be going out completely keeping some of it in but it just shows why we are here where we are.

Looking at your profile, being a Hero Member, and having spent at least, give or take, roughly 4 years in this space (based on account registration since 2014), then, I thought you should know better.

Sure, there is no doubt this space must have been rough for some, but for old members, and which I believe throughout last year you should have made more than enough in profit, even before 2017, to still be making a whole lot right now in the market even at the current dip.

Nonetheless, I keep saying one thing, you have not lost anything until you have sold, and this is a market that is still growing every single day which i believe we have seen nothing yet, so guys should take some chill pill and be patient enough to see how events will unfold in the long run.

[giarised]

Crypto market is full of blood and tears.
Certainly many people who enter this market long enough will have losses money, even lot of money.
I've lost a lot money because of the margin. When I think I know everything about this market. That moment I was gone.
Have you ever lost a lot of money? Please share with me your story about this market. I want to learn from you. Thanks a lot.

I always see myself as the luckiest person here and I didn’t wish to stop being the luckiest person lol. I have been trying Hodl’ing ever since I got into this market and things have been going the way I expect it to and I have been able to make a lot of money and also do a little cryptocurrency trading which is my way of making extra cash.

The only time I lost a money that became gone-gone is when I was newbie and was trying to sell and unfortunately sent my $15 to a scammer. After that I was able to recover everything more than that.

[rudox]

There is no trader or crypto person that will say he has not lost some money. The business is full of risk and this fact though well known yet patrons are still complaining of loss. By the 3rd week of January 2018, I saw in my portfolio about $9000 which fund was my own alone. Today how much is that same portfolio? Less than $200. Can you imagine the loss? How can anyone explain it? This with is the real world of crypto filled speculations and risks.

[Armstand]

There is no trader or crypto person that will say he has not lost some money. The business is full of risk and this fact though well known yet patrons are still complaining of loss. By the 3rd week of January 2018, I saw in my portfolio about $9000 which fund was my own alone. Today how much is that same portfolio? Less than $200. Can you imagine the loss? How can anyone explain it? This with is the real world of crypto filled speculations and risks.

Too many loss alot from the market dump. It's unexpected  since the price of market were too high last year and we didn't expect that it will took long time for the correction that we get trap since we all know that crypto can recover,the question will be when.

[rjsmith]

Yes i have lost money in the other markets.the story is it's now getting difficult for the ICOs.because most of them lost a lot that.but i  i believe later crypto market will be change to bullish.

[SUDARMONO]

it is very sad in a trade that has lost a lot of money, and I strongly believe that everything will be able to improve again if we are patient, and I have also experienced such a loss, when the coin I bought suddenly came down with it and very long to come back and I decided to sell the coin.

[minairia3]

Crypto market is full of blood and tears.
Certainly many people who enter this market long enough will have losses money, even lot of money.
I've lost a lot money because of the margin. When I think I know everything about this market. That moment I was gone.
Have you ever lost a lot of money? Please share with me your story about this market. I want to learn from you. Thanks a lot.

Tons of. But I've never been as regretful since I've learned so much things from it. No sour feeling though really. Yes we earned it but the value of learning is more important.

[vixcious]

Crypto market is full of blood and tears.
Certainly many people who enter this market long enough will have losses money, even lot of money.
I've lost a lot money because of the margin. When I think I know everything about this market. That moment I was gone.
Have you ever lost a lot of money? Please share with me your story about this market. I want to learn from you. Thanks a lot.

I lost a lot of money from the beginning of 2018 to now. I asked my parents over $ 5k to invest in this market because I thought it would grow to 2020. But now I've lost more than $ 3k5 and my parents have lost trust in me. I think I should hold now and work actively at bounty campaigns to earn back the money. I can not lose anymore.

[NoobyIntellecutual]

Use margin in crypto trading is one of the mistake for newbie trader, and second mistake is did not use stop loss and greedy. Learning from previous trading mistake , we should be avoid greedy and create better trading plan. Become successfully trader need times and we should be pass alot of thing like loss, stress and others emotional, but by surpass it we will make our self become pro trader later.

This is funny lol, I remember when I was a newbie and I never knew anything called stop-loss as of then. I would usually start a long term trading with hopes that the market will go direction I have predicted and by the time I get carried away and return back everything is gone.

But after someone taught me how to do stop-loss I have been able to set trade and go out and once the market drops to the rate I stop-loss or take profit it withdraws.

[Kevin77]

I think more than 50% of crypto trader loss money from crypto trading because all crypto was long down trend since January. I loss more than 50% and I keep waiting for next bull market to recover that loss,  and while doing day trading. I learned much thing from this bearish market,  and I will make better strategy to avoid so much loss.

Yes, that is one statistics that no one can know, but the main thing I can logically deduct right now is that most of the people that invested towards the end of the last quarter of last year by joining FOMO out of greed, most definitely are not having a good story to tell.

Nonetheless, I keep telling people that even if you do not have a good story to tell, try as much as possible to consider having a good story to tell in the future which in this case, if you know there is great potential in what you are investing in for the future, you will not have a problem picking the prices below $10k right now knowing it is a pretty good bargain when comparing to the value of the market in the long run.

[boty]

the history of crypto markets in ancient times seemed to be very dark and there were only a few exchange sites, MTGOX made bad news and I heard that many assets held there could not make withdrawals, it was sad but now the exchange has begun to be improved security and comfort.