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Author Topic: whats your biggest Financial loss in crypto  (Read 472 times)
udayantha11 (OP)
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July 22, 2018, 12:19:38 PM
Last edit: July 22, 2018, 12:33:59 PM by udayantha11
 #1

Recently i faced a big loss. i have invested on tezos (XTZ) recently 3200$ , thats decreased to 1500$ , in a day. unfortunately i sold because of panic.
I lost nearly 1800$. now i am fed up

thats the biggest loss i ever faced. please share your financial loss

we all need universal power and cyclist of Everything
-2023 would most likely be as bearish as 2022-
=BTC will make it, but might be a long winter=

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July 22, 2018, 12:24:40 PM
 #2

Recently i faced a big loss. i have invested on tezos (XTZ) recently 3200$ , thats decreased to 1500$ , in 6 hours. unfortunately i sold because of panic.
I lost nearly 1800$. now i am fed up

thats the biggest loss i ever faced. please share your financial loss
It is your fault and no one responsible your investment. If you have brain so you must analyse and choose the best platform you will earn good profit or you should hold for one more month you will get decent profit.
But If you loose 1800 USD in 6 hours I do not believe your words.

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July 22, 2018, 12:26:59 PM
 #3

I did not lose much money, because I did not invest much. I adhered to the rule, which says that you do not need to invest in the crypto currency world more than the money that you are not ready to lose.

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July 22, 2018, 12:29:29 PM
 #4

I haven't been involved in ico for a long time, because I think the recent ICO is a scam. I can't guarantee that I can pick a good project from it, so I have no loss. My biggest mistake is when I was at $800 three years ago. I sold all my bitcoins, and it’s still hard to remember now.
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July 22, 2018, 12:40:56 PM
 #5

The biggest losses I've ever experienced seem to be the same as most people. Have you ever heard of IGNIS airdrop for all NXT holder? I loss around $900 usd because of that, But from that experience we can make lessons for the future to not fall into the same mistake.
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July 22, 2018, 12:44:23 PM
 #6

Recently i faced a big loss. i have invested on tezos (XTZ) recently 3200$ , thats decreased to 1500$ , in a day. unfortunately i sold because of panic.
I lost nearly 1800$. now i am fed up

thats the biggest loss i ever faced. please share your financial loss

what a sad story...learn from your experience bro!..actually,  I have the same experienced.. but the next time I invested, I'll make sure to read first the white paper and platforms of an ICO company before investing.....do the same, to avoid loss again..
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July 22, 2018, 12:53:00 PM
 #7

I purchased some numeraire (nmr) tokens that were greatly hyped when launched and its price grew to well over $150 each, i bought at $60-$70 level thinking it is great deal but since then it has been in a downtrend and seems like dead because price has gone below $10 now  and most of investors have sold in biv loss including me.

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July 22, 2018, 01:00:02 PM
 #8

Well, I haven't invested in ICOs but I'vr bought tokend before in Helbiz (HBZ) from the market for about 3 eth i think and I loss about 300-500$ because of the price drop and bearish market. So yeah, that was my biggest loss too if it could be considered as loss. It was a loss because of my mistaken trades also, part of it is.
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July 22, 2018, 01:08:29 PM
 #9

That's totally a big financial loss, I wonder on what you are thinking after you panic sell? did you think that you donated money to tezos or crypto market?

I can't remember if there's a "big" financial lost to me that's related to cryptocurrencies but if not, I can you some of my financial loss in real world.



 

 

 

 

 

 


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July 22, 2018, 01:12:10 PM
 #10

As a crypto investor or trader , we can't avoid to have losses in trading. My only biggest financial losses in cryptocurrency trading so far is about 300 $.

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July 22, 2018, 01:16:39 PM
 #11

Recently i faced a big loss. i have invested on tezos (XTZ) recently 3200$ , thats decreased to 1500$ , in a day. unfortunately i sold because of panic.
I lost nearly 1800$. now i am fed up

thats the biggest loss i ever faced. please share your financial loss
I have lost more than 20k just in a few days but i have been recovering my lost again. I suggest you never try to fall to the shitcoin like tezos. It's only a shitcoin that created so many hypes but it actually deserved zero value in the future. You should learn from your lost to invest in the only reliable coin which developer a fully working product.
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July 22, 2018, 01:25:14 PM
 #12

Crypto is one of the riskiest investment in the world but it can also be very rewarding as well. If you would like to hear about other people's bad investment to make you feel norm to wards your resent loss, that is ok. I am not a stranger to bad investments, I have made money and lost money and this cycle will continue.

No one can control nor predict the market. Losing money with a bad trade is actually paying the fee for which experience you have gained with that particualr trade Wink
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July 22, 2018, 01:32:21 PM
 #13

Yes, I have a similar experience. Because of the panic, I sold all my altcoins, but then they proved that I was wrong with huge gains, so I think I will choose to hold them for a long time.

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July 22, 2018, 01:34:17 PM
 #14

Fortunately, the losses were relatively low, as were high-market investments. About $ 150. A negative experience that I learned.
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July 22, 2018, 01:34:40 PM
 #15

I invest DGB in dec 2017 at 11 cents and i sell it at 2 cents. i loss around $2400.
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July 22, 2018, 01:41:02 PM
 #16

At me losses of an investment portfolio have made 70%! I am very bitter about the state of the market at the moment but I believe in the future of the Cryptocurrency

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July 22, 2018, 01:48:20 PM
 #17

that's normal on crypto world, 3 months ago i've investing on some ICOs about $7000 and now it's only worth $600. well, but i already get many profit from investing on ICOs. don't regret what you do today, because sometimes we got more than what we loss.
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July 22, 2018, 01:55:11 PM
 #18

I have more than a year in the crypt. I am still in a positive balance. But, in this dump I lost half of the previously earned
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July 22, 2018, 02:01:54 PM
 #19

Recently i faced a big loss. i have invested on tezos (XTZ) recently 3200$ , thats decreased to 1500$ , in a day. unfortunately i sold because of panic.
I lost nearly 1800$. now i am fed up

thats the biggest loss i ever faced. please share your financial loss

How can you sell when you knew that you were in loss of 1800 USD.  Huh

I will never make this kind of mistake at all. I mean its all right if you have put the trade on auto pilot and somehow the loss was over hyped. But if you knew that you were in loss like more than 50% then it was your mistake and you were responsible for you, you cant do anything about it now.

I dont remembre any of my mistake to such big event. Max I have lost my 5-10% from the initial value and I guess thats pretty normal while trading.

 
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July 22, 2018, 02:02:51 PM
 #20

Most altcoins are risky business for investing in and technically speaking you dont loose
until you liquidate your investment when the value is lower than your buy in price.

For all ICO investments a true return only happens either when it launches on its first
exchange or potentially holding for more than a year or two.

So i havent had an investment loss because i still hold all I bought but the value of most
is massivery lower, obviously.

R


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