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Author Topic: whats your biggest Financial loss in crypto  (Read 472 times)
teeshe
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August 17, 2018, 05:02:18 PM
 #61

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

So sorry for your loss.
As for me, i have experienced huge losses on ICO of up to 90% in some cases. Although i am happy i did not commit  much funds to it hence the loss was a bit bearable. Now, i am learning better.
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miyaka26
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August 17, 2018, 05:17:21 PM
 #62

The most affected crypto from this bloodbath are altcoins and their tokens, Not going to blame you for that selling as we have no concrete assurance as to when those altcoins or ICO tokens are going to recover you should set some stop loss to prevent more damage from the decreases, biggest lost from crypto? I did not experience that amount of losses but mainly I got some dips from bitcoin and eth.

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August 17, 2018, 05:47:38 PM
 #63

I think that every experienced person on the crypto market was a loss. Someone was big, and somebody was small. When I only got to know the crypto market I made wrong decisions and had some losses.
kidamazo
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August 17, 2018, 09:06:39 PM
 #64

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
So far my personal biggest loss was not on the day trade I perform but in terms of my hold cryptocurrencies wallet,  this portfolio of mine had lost almost 70% of its selling value during this period of time.
AndrewBrown
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August 20, 2018, 12:52:39 PM
 #65

I have never made any loss in the industry. Lucky me right? cos It's not like I have really been so careful or anything. I see how people talk about huge amount of money that they have lost and I wonder, I only have just been lucky enough to not have put my funds in a bad project. I don't even know how exactly I would feel if that ever happens, and I hope it doesn't.
Papcio77
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August 20, 2018, 12:59:57 PM
 #66

Last year, i loss 4000$  just because of holding it, not sell at the pump day. That was my biggest regretion since I started in crypto currency. I wish  to not haplen again this kind of failure. Anyway it turned me to be more practical in life. Once you got a profit dont be greedy to wait for further increase on price. Be content for what you have at the moment.
tazmannia
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August 20, 2018, 08:03:20 PM
 #67

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

When did you buy this coin, did you even think with your head? or did you believe the news that spoke ? than you thought... Coin waited a year until the leaves on the stock exchange, all investors just dreaming, as soon as possible to sell it in the first several odna the price dropped to prices that were SOE what do you expect from this coin?
angaper
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August 20, 2018, 08:13:33 PM
 #68

Actually I have suffered several losses, but these have been originated in different ways, but in any case my experience with cryptocurrencies has been bittersweet, although taking a fair balance I think I have had more positive than negative results.

While it is true that as long as I do not sell my cryptos I have not consummated the loss, I have to be realistic and I know that the coins that I now hold will never recover the price they came to have. For example, the DeepOnions that I had at the time were worth 1.5 BTC, but today they are only worth 0.05 BTC, so I have already assumed the loss.
Olimpikflame
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August 20, 2018, 08:20:47 PM
 #69

I do not have this experience in the loss of crazy money, as there is not much time in the cryptocurrency. But my brother lost $ 8000 for 2-3 days, and at the same time he does not even get upset, because he believes in the further growth of the cryptocurrency.
aversuz
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August 20, 2018, 08:26:24 PM
 #70

I did not sell BTC at the peak, I risked and hoped that the BTC would grow even higher, but I made a mistake and lost a significant amount of money, but overall I was still in profit so I was not worrying so much about it. But now Im holding my BTC coins again. Is it a mistake?
5hoursaday
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August 23, 2018, 01:50:16 PM
 #71

I would like to say that my biggest financial loss in cryptocurrency, was stopping myself from making so much profits, by refusing to invest in the market when I first heard about it. This is the only thing that I can think of because luckily for me, I have never made any bad choice in the maarket, and I have never had to lose money.
robertsu
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August 26, 2018, 01:15:04 PM
 #72

BBC. I bought BBC after after down and waited, when the price will be 100. Unfortunately, they were not more 70. If I to sell them on 40 I had a plus. I keep them a lot time and when I sell I had a minus. Didn't to took into account the strong a negative news fund.
sanasara
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August 26, 2018, 01:22:56 PM
 #73

I think you did mistake because of this you did panic u did wrong decision and you loss a huge income this is so sad and ofcourse i am also in a loss right now but i have hold my altcoins and i will wait for good days i hope u also can recover your loss.
Trixie28
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August 26, 2018, 02:09:50 PM
 #74

Yes, I also experienced the biggest looser in crypto I buy some token because I think it will grow potentially but a few days ago seems it goes up higher than automatic dump. I should sell it and not wait it to pump higher again.
valek.bruno
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August 26, 2018, 02:12:34 PM
 #75

There were a lot of mistakes and today I also make a lot of mistakes that should not be allowed, but the whole problem is only that emotions sometimes prevail over me, so I give in to emotions and become manageable.
localcrypto
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August 26, 2018, 02:15:18 PM
 #76

Ethtrade one of the fraud crypto currency trading website i lost around 7 BTC of my earnings in this site which is the biggest loss for me it is already a year for me to recover
slashz9
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August 26, 2018, 02:33:12 PM
 #77

i think you deserve it, because maybe you dont look at chart before buy(FOMO)
you dont know and just buy it, but lose about 50% more in a day i think that impossible, or you need some attention lol.
wongdeso
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August 26, 2018, 02:39:44 PM
 #78

Until now I am still trying to get something more by plunging into the world of crypto, and have not suffered loss, and I do not want to lose.
So I am careful to move, and I will prepare all the risks carefully.
ethalliance
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August 26, 2018, 02:48:40 PM
 #79

I have not lost so much yet to die on the spot. And I still think that losing money in crypto currency is not so scary as trust. After all, we will lose something sooner or later. We will earn nothing next time, it means more. And once you lose confidence, you can not return it
_Mikasa_
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August 26, 2018, 02:57:48 PM
 #80

Right now! I lost nearly a thousand dollars because of that ethereum dump. Majority of my holdings are ethereum based coins and it dumped tremendously. Some i lost nearly 50% and one of my holdings dumped 75% which is a very big loss. Im just hoping that the market will pump soon enough because im pretty depressed on my losses.
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