I lost all my bitcoin

[Asmonist]

Its good to diversify to have more options and buffer in case of losses. There are really situations to loss in trading and I personally experience it too. Nevertheless, I'm still encourage to earn and trade bitcoin. Its part of the risks that we need to prepare and that is diversification of our assets.

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[Genemind]

If you have lost your Bitcoin because of a long decision, everything doesn't end there. You must go on with your life. There are lots of things being offered outside cryptocurrency if you have lost all your hope for this. You have to move forward and learn from your mistakes. You can't blame Bitcoin because Btc alone will still be a digital currency without us. Try to continue learning while searching for more opportunities to earn. We can't do trading perfectly without losing sometimes.

[imstillthebest]

thats impossible if you will loose on both terms most especially on long term because long term is known as the less risky or safe way . if you loose it only means that something isnt right on what you do . it does need to diversify if you are only investing in bitcoin but you can diversify if you decide to pour the money on other coins  .   depends on you if you want to stop or continue  .  if you are tired of the same sh*t then better take some rest  . and learn more a while  .

[bluebit25]

let me guess, surely you do leverage trading, leverage trading can indeed maximize profit, but the risk is also very big, very not recommended especially for beginners, in this forum there are many who trade bitcoin but don't lose all bitcoin, so far my bitcoin is still okay, because I trade normally without leverage.

Leverage trading is actually a very risky form, you can make a lot of money with it but also quickly burn the whole account if the market does not go according to your predictions. I also did not choose this trading method, I traded the traditional way and so far I am fine. Not losing too much since joining this market

[DeathAngel]

Day trading/leverage trading is for idiots.
If you’re not a whale you can’t to any great degree, predict the market because you can’t control it.

Buy & HODL = the only repeatedly proven way of profiting.

[hendra147]

The first lesson in trading about patience. If trading without patience. All is destroyed. Assets will be lost. Especially in margin trading. When you are correct in predictions, it will be more than 2x (depending on leverage) but if you are wrong. All will be gone. After what you experience, it's best to buy with the rest of your funds and start trading calmly.

[traderethereum]

Going short or long has got me so much money but at the same time, it makes me too bold.
Now what?
Stop doing it? or Start diversified investment in Stock?
or Not at all?

How could it be? Did you analyze before you trade? That is strange if you already analyze the bitcoin and lose in trading unless you don't see anything and make a random buy, but suddenly, the price is going down.
Well, that is your mistake. But I guess that you use leverage trading as many members said. If you don't have good skills in trading, then leveraged trading is not recommended for you.

[btc78]

Going short or long has got me so much money but at the same time, it makes me too bold.

 

Now what?

Stop doing it? or Start diversified investment in Stock?

or Not at all?

stocks is way far from Crypto investing and if you want to diversify ?then start finding good altcoin to put some percent of your money.
not unless if you have a Knowledge on how stocks goes?then maybe
considering it is one of the option.
just stay in Long time Holding and just leave it for sometime.
so when you come back there is a changes in your investments value.

[3la9l_kolbaCa]

Such is life mate. Some people learn it the hard way and others don't.  In as much that you lost your Bitcoin, life still goes on. Get a real job and everything will be okay.

Having a real job these days can't sustain longer if you desire to earn a better income for your family, but for survival we need to find the job that fits on our capabilities. You're not alone in losing all the bitcoin profit which is supposed to be yours, I myself experience the fall of my finances. It made me more eager to face life's challenges, and correct what mistakes I did from previous years.

[darkangel11]

most experienced traders will tell you the same thing. Trading with x1 or x2 leverage is ok but going high like 5x+ is not trading but gambling. There are people who make money liquidating noob traders because it's easy and profitable when you have enough money to do it.
Rich people will manipulate the market and poor greedy traders will always lose the most.

[FairUser]

Day trading/leverage trading is for idiots.
If you’re not a whale you can’t to any great degree, predict the market because you can’t control it.

Buy & HODL = the only repeatedly proven way of profiting.

Why do you say daily trading is for fools? I have seen many people making daily profits over the past few years. They have a budget of about 5000-10000 $ and every day they make at least 100 $ with it, I think they are experienced and very smart people in this market. For me, buying and holding is only for newbies and has no trading experience in this market

[peter0425]

Going short or long has got me so much money but at the same time, it makes me too bold.

 

Now what?

Stop doing it? or Start diversified investment in Stock?

or Not at all?

if you are not comfortable and profitable in this market then better find somewhere when you can make money because in this investments everything must be ready to wait longer as the volatility of Bitcoin is always hinders us to profit or make money but this is also the way that we can profit high if we can afford to hold longer

[joeperry]

Well I think you should have studied the market first you should know that the market is volatile and can go wild in a matter of minutes. If you ever studied the market you should have known that there's a risk on doing trade and the volatility of it of course if you ever find the market will go bullish you shouldn't be greedy and set an amount on where you will jump and if you see that the market is going bearish after you bought a coin you should set a limit.

It's alright to accept that you lose a small trade because sometimes if you don't jump from bearish market it will damage you more.

[moviebuff777]

Maybe stop doing short selling because it is risky. Cryptocurrency investing is already very volatile so there is no need to add more risk. I suggest buy Bitcoins and hold for about a year.

[Mahanton]

Going short or long has got me so much money but at the same time, it makes me too bold.

 Now what?

Stop doing it? or Start diversified investment in Stock?

or Not at all?

Go back and analyze your errors.Are you aware on bitcoins volatility or crypto overall? If you havent and just newly jumped to this market then better familiarize it because this market
isnt the same with forex or stocks which do have lesser level of volatility.This one is different yet price can swing up on big percentage on one day or even an hour.
Stop doing it? Your choice but if you do accept losses and learn from it then try it once again but this time you are knowledgeable and experienced already.You would able to
tell the difference when you do already able to grasp it in.

[affandi]

Maybe stop doing short selling because it is risky. Cryptocurrency investing is already very volatile so there is no need to add more risk. I suggest buy Bitcoins and hold for about a year.

Well, this is a wise choice rather than having to rack my brain looking for various benefits from crypto or other businesses, it's better to hold bitcoin for some time. no need to worry about missing information about it, because all information about it will still be available here.

[Warkop]

Maybe stop doing short selling because it is risky. Cryptocurrency investing is already very volatile so there is no need to add more risk. I suggest buy Bitcoins and hold for about a year.

At present all prices on the market are not very clear to predict, if everyone chooses to buy bitcoin at this time it might be very difficult, seeing that bitcoin prices are already very expensive than Ethereum prices tend to be too cheap, I prefer to buy Ethereum instead of buying Bitcoin which is obviously very expensive, if you want to look for better profits look for coins that are cheaper and have a good future for long-term grasp ..

[Cimmy_revenger]

Going short or long has got me so much money but at the same time, it makes me too bold.

 

Now what?

Stop doing it? or Start diversified investment in Stock?

or Not at all?

all investment instruments have small, medium, high risks.
but that does not mean we are retreating to invest because with investment we get a lot of lessons for the better future.

[garyrowe]

Going short or long has got me so much money but at the same time, it makes me too bold.

 

Now what?

Stop doing it? or Start diversified investment in Stock?

or Not at all?

What to do with ones fund is subject to individual decision. Margin trading nonetheless is more of a gamble where the possibility of loosing all outweighs the possibility of winning big time. It is responsible not to go all in when it comes to margin trading as the risk involved is too high. It is better to diversify your cash into other sector.

[sayaya17]

Indeed, before plunging into investment, it's good if someone understands it first, as well as investing in crypto which is volatile and can cause loss of all assets. Maybe if you already understand then anyone will not be too brave to take actions that can cause loss of assets. There is no other way, you must be able to get up and be more careful in investing and not putting all eggs in one basket.