marketone
Legendary
 Offline
Activity: 1302
Merit: 1000
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January 19, 2019, 02:58:01 AM |
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Of course, you didn't lose money but I hope you lose value because the price of every coin went very low in the market. So if you invest in potential coins, then definitely it will help to increase their value when the market starts recovering. We need to be very patient until the market starts recovering.
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Mr.grin
Legendary
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Activity: 1218
Merit: 1000
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January 19, 2019, 09:34:30 AM |
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a few months ago, I lost more than 1,000 more than trading, and I couldn't do anything after that. well, it's a risk, but sometimes people don't see it and keep trading. when that happens, all you can do is be patient and build a new strategy. we can only learn from experience.
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ajaymukund
Member
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Activity: 784
Merit: 10
https://streamies.io/
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January 19, 2019, 09:40:17 AM |
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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?
Better yet, you should participate in many good bounty campaigns to earn a small amount of money to reinvest in BTC. I believe that BTC will grow again but it will take a lot of time. don't give up, you need to have patience to achieve rich goals. |
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Faysal Fahad
Copper Member
Jr. Member
Offline
Activity: 57
Merit: 5
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January 19, 2019, 10:07:26 AM |
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I am sorry to your lose! But, only you are not the only one who faced this kind of lose; so many newbie’s have similar experience! When BTC reached on 20,000$ many traders were super excited & they were expecting more. Besides many new traders joined in the market for the 1st time. They had nothing plan on trading unless making quick money! That’s the problem.
Well, according to my own trading experience till now Forex pairs are the best choice to trade (including short-term trading). But, crypto is only for ;long term investment since, this sector is till now relatively now; so there have so many parameters to trade in crypto. If you are with a long time view on crypto; then you may not worry about the low price because we all know the future of crypto.
By the way, trading is always risky & uncertain; it’s called: there is nothing like 100% of trading. So, now it’s time to learn the trading whatever the sector it is; make your own trading skill first; practice in demo with more than 500 trades; that’s the procedure to judge your trading skill. But again, investing money in crypto currency with a long term view is relatively secure than crypto trading. So, now it’s your choice.
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kumala_abi
Sr. Member
Offline
Activity: 798
Merit: 250
GoMeat - Digitalizing Meat Stores - ICO
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January 19, 2019, 10:24:26 AM |
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a few months ago, I lost more than 1,000 more than trading, and I couldn't do anything after that. well, it's a risk, but sometimes people don't see it and keep trading. when that happens, all you can do is be patient and build a new strategy. we can only learn from experience.
that huge amount.and offcourse for each person loosing their money it difficult situation for them.as if they want to give up in their trading and take decision to quit.but if we have strong faith in our way we could repair and improve our skill before starting again . |
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cjie
Jr. Member
Offline
Activity: 252
Merit: 1
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January 19, 2019, 10:46:57 AM |
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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 will advise you to go into long-time trading for now by buying cheat ICOs that have great future or potential and wait for them to be developed so that their price will increase for you to sale them to make your money so that you can recover your lost and make good profile too. There are so many that have great potential that you can invest in. Like ETHA is a promising Ico that will disrupt that crypto exchanges. They the first remittance platform that is going to shake the world of crypto. |
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mirawantirinjana
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January 19, 2019, 02:33:01 PM |
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keep on trading so that you can replace the lost money. I'm sure if you do it well and learn from your mistakes before then you trade better.
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hahay
Legendary
Offline
Activity: 3458
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
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January 19, 2019, 06:34:52 PM |
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$10k is a lot of money and I'm not sure the OP is really doing it, he seems frustrated and wants to switch to getting bitcoin from a bounty program that basically generates from a bounty program not as good as imagined. If the OP has sold it at $6k, then at least the remaining money can be made to invest again in several altcoins and it is better than you leave trading and switch to becoming a bounty hunter.
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fibrolit
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January 19, 2019, 07:12:01 PM |
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2017-early 2018 was successful for me, but from mid 2018 I started losing money.None of the trading strategy did not work. Many successful altcoins from my point of view have failed.In the end I just came out of all the markets and decided to take a break.
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Best Dreams
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January 20, 2019, 11:37:28 AM |
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keep on trading so that you can replace the lost money. I'm sure if you do it well and learn from your mistakes before then you trade better.
Kept on Trading even if you lose once is best way to back at he the when you lost some part of your money. Don’t repeat those mistakes which made you suffer. Increasing your knowledge will be an additional profit you are getting. Know right time to enter the market as price is not so high and holding to trade for long term will be best. |
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semobo
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January 20, 2019, 12:38:33 PM |
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In trading losses is inevitable,so you need to be prepared for it but in crypto trading the capital you invested for me is just like gambling and when you have enough skills you maybe reduce the risk of losses but its completely not be taken out.
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EXtremeAEX
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January 20, 2019, 03:23:33 PM |
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A newcomer cannot begin with margin trading. In order to successfully trade you need a huge amount of knowledge and experience. And margin trading has a number of features and tricks that beginners don't understand.
Here's my advice: Learn the basics of trading, technical analysis, practice daily trading (but only on small amounts, until you learn).
Of course, in parallel, you can do bounty campaigns, but they will not bring you significant earnings.
Only daily trading will help you earn. And only when you learn to make excellent forecasts of price movements, can you try to earn money using margin trading. But first, examine exactly how this works and what tricks you can use to make the transaction fees lower and the profit higher.
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