What have been some of your biggest losses/mistakes and successes with trading?

[imutlinda]

first while still learning the Trading technique I made quite a lot of mistakes, but after enough experience I was able to reduce losses.

And for the time being since I stopped to trade and focus more on real-world work my ability has diminished, so for those of you who are learning trade you should never stop doing it but for a short break you can do it

[HK88]

yes, there is a little story about the loss that I experienced when investing in the MiracleTele project at the time, about $ 250 that I invested in the project but ended up with fraud. I began to learn that not all legitimate projects can guarantee profits, the fact that investment is sometimes not always profitable.

[wedosgibas]

The loss that I experienced was following the trading signal channel, I was stuck in FOMO and FUD, I bought at a high price and the price plunged far, is that crazy right? That is a lesson for me. After that I was quite afraid to trade again, and now began to try slowly.

[Red-Apple]

bag holding altcoins!

i think it is the biggest mistake that all of us have made in the altcoin market and the only difference between people is the degree of which we bag hold and lose money. some people lose a little before they wake up and dump to prevent further losses and some never do and end up losing nearly all their money.
luckily i realized the situation soon enough to prevent catastrophe.

[sorrros]

I started to trade in 2017. At first I bought Bitcoin, but I saw many interesting articles how Ripple and Ethereum will overbeat Bitcoin, so I started to trade XRP and ETH. And there I lost a big potential profit. Because BTC went from 2000USD to 10000USD, while these 2 altcoins were pretty stable...  From this time I believe only in BTC in long term.

[Plinteng]

I have top altcoin bags like ETH, BNB, EOS, LTC & XLM. if you say the loss may indeed be yes, but I haven't experienced any real losses, because I still hold Altcoin and haven't sold it. for example ETH is currently $ 187 and I bought $ 195, if my losses are calculated at $ 8. But I'm not too worried about that because I'm sure all of this will be beautiful in time. be patient and wait until the market improves again.

[Palider]

The biggest mistake when trading is, lack of patience and always in a hurry in determining the buy and sell. And another mistake is not having capital reserves when the price of Bitcoin and Altcoin reaches the lowest price. Reserve funds really need to make a buyback and can get even more profit. Trading must know Fund management and be able to train mentally to be patient and not rush.

My biggest regret with bitcoin was the opportunity to change my life. Many of us earn and get rich because of bitcoin especially trading. But there are also unlucky ones and I'm one of those people. Because if I hadn't sold my hold of shitcoins then I would have earned 20 BTC before. But since I'm just a beginner to crypto and trading I sold it out of fear.

[livingfree]

I have top altcoin bags like ETH, BNB, EOS, LTC & XLM. if you say the loss may indeed be yes, but I haven't experienced any real losses, because I still hold Altcoin and haven't sold it.

That's the right definition of losses. As long as you're on held with those coins that you have, you are not yet in losses. But once you have sold them during the bad market days, then guarantee yourself that you've just lost a lot.

I think that everyone's mistake are just the same.

Not selling on end of 2017 and not buying earlier than that.

[Patrix_1]

I can remember that I listened to McAfees' twitter advices where he has announced a coin every day, during a week. Slightly after his tweet a coin gained 20-30 percents and went down within seconds, so I lost enough money, to stop doing this 

[barabarian1]

My biggest mistake is that I don't store my password or wallet key properly. at that time I was a beginner and I was very careless not to record or store my wallet password correctly. so then I forgot and couldn't open my wallet. so that it is the same as losing my money. since that incident I always keep my wallet key on the computer and also on paper and flashdish. so if one day my computer has a problem I can still access my wallet from another computer.

[alexsandria]

Any interesting stories to pass the time while we wait for the next boom?

I made a dumb mistakes way back 2017. Well I don't think I had to blame myself by that time. I wasn't yet knowledgeable when it comes to market fluctuations, bull run, and other stuff. What comes into my mind during 2017 is that marker will be all going out and would never stop at 20,000 USD. But after that it was just like a dust, got drop down and as well my btc which I suddenly buy because of the market changes.

[gabbie2010]

Any interesting stories to pass the time while we wait for the next boom?

I made a dumb mistakes way back 2017. Well I don't think I had to blame myself by that time. I wasn't yet knowledgeable when it comes to market fluctuations, bull run, and other stuff. What comes into my mind during 2017 is that marker will be all going out and would never stop at 20,000 USD. But after that it was just like a dust, got drop down and as well my btc which I suddenly buy because of the market changes.

I also read many fundamental news then in 2017 during the peak price of bitcoin that bitcoin would reach $50,000 the popular terminology then was HODL having the impression that bitcoin is would continue its bullish trending till the speculated price, I just hodl however the price nosedived thus dumped, out of panic and fear I sold I had learns a lesson.

[Baby Dragon]

The biggest mistake when trading is, lack of patience and always in a hurry in determining the buy and sell. And another mistake is not having capital reserves when the price of Bitcoin and Altcoin reaches the lowest price. Reserve funds really need to make a buyback and can get even more profit. Trading must know Fund management and be able to train mentally to be patient and not rush.

I also tend to do the same thing in the past and that is the reason why I'm feeling remorse about it until now because I just lose the opportunity to earn huge profit, it makes me realize that if I just waited patiently then probably I was able to get the benefits that I wanted. Trading is indeed speculative, it takes a lot of your time and effort but you have to understand because it is the only way to earn. Also, making a decision while I am not in a proper mindset. I've to lose some money because I'm not making sure of things, I don't even conduct my own research that is why I ended up losing money or getting scammed.

[K4C]

I have had many negative stories pertaining cryptocurrency trading but one of the highest I can remember is a time when I sold BNB, a lot of BNB just so I could get into NEO, this was immediately after the bullrun in early 2018, I sold BNB and it started mooning badly, that was the period it hit it's 2018 ATH while the NEO I got into kept dipping and I had to just count my losses and exit at 30% loss, that turned out to be a good decision because if I had kept holding, I would have been at 90% loss now.

[Triffin]

The biggest mistake when trading is, lack of patience and always in a hurry in determining the buy and sell. And another mistake is not having capital reserves when the price of Bitcoin and Altcoin reaches the lowest price. Reserve funds really need to make a buyback and can get even more profit. Trading must know Fund management and be able to train mentally to be patient and not rush.

My biggest regret with bitcoin was the opportunity to change my life. Many of us earn and get rich because of bitcoin especially trading. But there are also unlucky ones and I'm one of those people. Because if I hadn't sold my hold of shitcoins then I would have earned 20 BTC before. But since I'm just a beginner to crypto and trading I sold it out of fear.

In that case, I would just give one piece of advice. Never ever take any decision in your life out of fear regardless of the domain. Fear brings failure. In order to become successful, you need to get rid of this word. Hesitation and fear are killers of progress and prosperity. There is no need to feel bad for your loss because the market still has a lot to offer. Try to increase your knowledge regarding bitcoin and trading.

[Morrin]

The big mistake that I did happened in 2017 at the time when almost all crypto assets are pumping crazily. There was a week that I made 30k from one altcoin at once and instead of me to sell off, I did not do so and I later lost huge part of the fund. It is really a regretabble experience.

[Ultimist]

Of course, for all the time I have accumulated a lot of mistakes. I just didn't know how to determine the right time to invest and repeated the transactions to one of my friends, who runs a blog. But I didn't know about many nuances that my friend observed and therefore often lost money. That was my biggest mistake.