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Author Topic: I lost all my bitcoin  (Read 998 times)
Rafiqul
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January 21, 2020, 03:21:10 PM
 #61


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?


It is your own decision if you want to stop investing in bitcoin. But I believe failure is pillar of success. So think and take decision.

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January 21, 2020, 03:26:45 PM
 #62

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 .
He might be doing options trading which is really risky because it all depends upon the price trend at a particular period before the contract ends and he might have busted everything doing that rather than going for the safe option of buying and holding, this is a good lesson for everyone who wants to jump into options trading without knowing the risk involved. If you have a lot of money to risk then it is a good way to make or break your balance.

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rodskee
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January 21, 2020, 03:27:24 PM
 #63


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?


It is your own decision if you want to stop investing in bitcoin. But I believe failure is pillar of success. So think and take decision.

yeah we must experience losses first before tasting the fruit of our success,we have been here for years and we already saw many like you who's having second thoughts when they dont get what they want but i will tell you,this is not for rush profits because we are here to wait for the future and not just today or tomorrow mate.think twice before taking your investments here because you might regret that one day when the bull comes again.

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BeManga
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January 21, 2020, 03:39:07 PM
 #64


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?


the market will not always favor to you this is one of the thing traders should know
being confident in your investment is a good thing but being bold in trading not necessary right
by taking more risk you have a higher chance of losing all your money
it better to diversify your investment and invests higher to the thing you have trust with low risk



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January 21, 2020, 04:06:29 PM
 #65


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 really love what are you doing, continue to do it. Our world is circle. As of now maybe we are on the top of it but sooner or later we need to face the challenges below. Make that as your lesson and never do the same mistake again. Trading is full of risk. But, once you got the proper way of trading? You will be surely gonna fulfill your dreams and incomes that you really want.

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January 21, 2020, 04:18:10 PM
 #66

If you have got enough profit from bitcoin you can surely diversify your investment portfolio by investing in multiple domains. Stock trading is a good option too as that market is much stable and mature compared to bitcoin. never store all your eggs in one basket – Warren Buffet
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January 21, 2020, 04:19:44 PM
 #67


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?



So in your own words you've failed in one field so you go and try out another one without acknowledging what you did wrong. I suggest you getting more competent and then you won't even need to ask such questions
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January 21, 2020, 04:31:47 PM
 #68

Now what?
Now there are 2 options, to try to recover them or to live with the loss.

Stop doing it? or Start diversified investment in Stock?
Is about how do you feel about it, some people would say 'Fuck cryptos I'm done' but some other would see it as a new start.

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January 21, 2020, 04:44:28 PM
 #69


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?



You lose in little but earn for life are skills and boldness is step to the success.If i  would be there then divide money some part for continue trading and some invest in staking just earn money for holding coins.
Diversification is necessary t minimize the risk of loss,its not a investment suggestion personal deep research is required before to invest in staking,self motivation is necessary than others opinion.

 
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January 21, 2020, 04:52:04 PM
 #70

If you're bullish on bitcoin on the long term, why not just simply hold it? Historically, just simply holding bitcoin can earn you a good amount of gains. And not only that, when you passively hold bitcoin, you have time to do some other productive things instead! You can use the time(that you're not trading) to learn stuff and start businesses.

But of course, control your risk. Bitcoin, stocks, and businesses. Don't go all in.

Maybe what he did was he hold it when the price seems continuously rising, then when it just rapidly dropped, he panicked and sell some of his bitcoin hoping it would rise up again in a short period of time, and it did, then he repeated again what he did, so in the end, he ended up losing his bitcoin as well as his profits, that's it.
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January 21, 2020, 05:12:05 PM
 #71

How much you lost bitcoin when trading and investing? I think without showing with your history trading transaction no one believe with your words, everything need post proof with your history trading and checking really or not you have lost much money with bitcoin, I think many people lost their money with trading in bitcoin but can recovery to get back much profit later.

 
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January 21, 2020, 05:49:50 PM
 #72


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?


the first you have to set your psychology, its important when you trading. set feel gratefull in yourself, i am believe this feeling will help you in trading because ussually when people or trader get so much money from trading, they will try to get more and do not think about the risk such you do and the finally you lose all bitcoin

 
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January 21, 2020, 05:51:01 PM
 #73

I don't see the connection of your title to what you want to ask. That's your money and you can continue your plans of holding it. Determine yourself for shorting or going long right now. You can diversify as much as you want but the very tip that I'll tell you is don't leave your bitcoin investment and never sold all of it. Sell some for diversification but still allocate an amount for a longer time so that if bitcoin ever pumps again and grows naturally, you still have something to get.
Quitting is never a good option, but as you have already experienced a lot in this market you can excel in many ways. As in diversification, you will determine percentages for the distribution of different assets. Diversified investment will reduce the chances of risk and increase the chances of success. You should go for the diversification it will benefit you both in short term and long term investments.

 
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January 21, 2020, 05:59:21 PM
 #74

I don't see the connection of your title to what you want to ask. That's your money and you can continue your plans of holding it. Determine yourself for shorting or going long right now. You can diversify as much as you want but the very tip that I'll tell you is don't leave your bitcoin investment and never sold all of it. Sell some for diversification but still allocate an amount for a longer time so that if bitcoin ever pumps again and grows naturally, you still have something to get.
Quitting is never a good option, but as you have already experienced a lot in this market you can excel in many ways. As in diversification, you will determine percentages for the distribution of different assets. Diversified investment will reduce the chances of risk and increase the chances of success. You should go for the diversification it will benefit you both in short term and long term investments.
What a sore loser if someone would just quit after what he has been through. Let the failure be your guidance to seek more knowledge to know how to properly gain a better profit when investing in cryptocurrency. It may be hard at first but practice makes it perfect in no time. Money will come and go but knowledge will stay wherever you will go.

 
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January 21, 2020, 06:16:41 PM
 #75

Just go for long-term hodling.
Can't advise you a lot in stocks, since I don't do that no more. You could use of diversified investment though and it would most likely work out.
Sorry for the losses you got though, OP. It is just the beginning for you, so don't be discourage by the losses.

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January 21, 2020, 07:11:37 PM
 #76

I don't see the connection of your title to what you want to ask. That's your money and you can continue your plans of holding it. Determine yourself for shorting or going long right now. You can diversify as much as you want but the very tip that I'll tell you is don't leave your bitcoin investment and never sold all of it. Sell some for diversification but still allocate an amount for a longer time so that if bitcoin ever pumps again and grows naturally, you still have something to get.
Quitting is never a good option, but as you have already experienced a lot in this market you can excel in many ways. As in diversification, you will determine percentages for the distribution of different assets. Diversified investment will reduce the chances of risk and increase the chances of success. You should go for the diversification it will benefit you both in short term and long term investments.
What a sore loser if someone would just quit after what he has been through. Let the failure be your guidance to seek more knowledge to know how to properly gain a better profit when investing in cryptocurrency. It may be hard at first but practice makes it perfect in no time. Money will come and go but knowledge will stay wherever you will go.

This is true. Knowledge is also better then money because with the right knowledge you can earn lots of money just by applying it to some sort of trade or service. Losing money hurts now but maybe in 5 or 10 years you make it and you made it because you never gave up and now that amount you lose is nothing compared to the amount you gained later on.



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January 21, 2020, 07:39:30 PM
 #77


~snip~
Now what?

Stop doing it? or Start diversified investment in Stock?

or Not at all?
Having Bitcoin assets is sometimes confusing if you don't have a goal where to go.
Having Bitcoin The key is only one, not greedy when you have benefited, both from trading and investment.
Because it often happens to someone who is greedy when he has benefited but he did not take that advantage and eventually he lost it all.

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January 21, 2020, 07:52:49 PM
 #78

Why don't you just analyze your trading pattern and see what went wrong? Learn from your mistakes. See how you could have done better. Try to understand the market. The crypto market is not like your traditional stock market. They have no fixed patterns that you can follow. Analyze the market for deeply before you invest. This of your current loss as a price you paid for learning more. At least you now have some practical knowledge. Don't just give up. And yeah, I would suggest you to diversify your investment.

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January 21, 2020, 08:12:40 PM
 #79

Usually, losses can make people aware and try harder in learning the right strategy for trading, some others give up without learning more, your decision is in your hands, OP. make mistakes as learning, let alone cryptocurrency is full of risks, besides preparing strategies it also requires a strong mentality.  respect the decisions you've made, don't regret it if you lose, and make it a good lesson if you make money.  one thing that is important, understand your passion, all in risk is indeed high, so if you are not sure then choose another strategy.

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January 22, 2020, 01:02:03 PM
 #80

Just go for long-term hodling.
Can't advise you a lot in stocks, since I don't do that no more. You could use of diversified investment though and it would most likely work out.
Sorry for the losses you got though, OP. It is just the beginning for you, so don't be discourage by the losses.

Op should be able to learn from the mistakes he made, by finding out where the location of the error is so that he can correct deeper the mistakes he made so that no losses will occur again. if he is easily discouraged and gives up to leave bitcoin then the decision he takes will certainly later regret it for not trying to get back the capital he has spent investing in bitcoin
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