wingfield_crypto
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January 22, 2020, 01:29:57 PM |
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If you are not experienced enough to understand how the crypto market works, I advise you not to invest large amounts until you have all the necessary information to ensure successful trading. I think it's a good idea to buy Bitcoin and not exchange it in other currencies until you learn the crypto mechanisms. You can only keep Bitcoin until its price rises above the investment price. I hope you don't give up crypto. People learn from their own mistakes. .
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JC btc
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January 22, 2020, 02:48:38 PM |
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If you are not experienced enough to understand how the crypto market works, I advise you not to invest large amounts until you have all the necessary information to ensure successful trading. I think it's a good idea to buy Bitcoin and not exchange it in other currencies until you learn the crypto mechanisms. You can only keep Bitcoin until its price rises above the investment price. I hope you don't give up crypto. People learn from their own mistakes. .
Especially if you are new in the crypto world, it is always fine to take risk,, but don't take risk by grabbing opportunities in crypto, don't be too hype as there's a lot of scam project out there, that even a legit project can't even provide ROI because after they have their fund raised, most of them doesn't care about investors anymore.
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Yatsan
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January 22, 2020, 03:32:07 PM |
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There's no such thing that you will loss all of your bitcoin into trading, either the coin that you are holding turned out to be a scam project or some exchange scam you, What I think is you are doing a leverage trading, If you are doing that, it is almost a gambling so for me I think considering that you can lose your money in one big dump. I highly suggest that you should avoid leverage trading if you are just starting in trading or you are not sure about trade. Personally, I am doing leverage trading if there's strong news which I think it will affect bitcoin in massive way. btw, good luck to you, I hope you will continue to trade, just be careful next time, and don't think your trade as a lose of money, just think what you learned on that trade and what knowledge you gain from it. Good luck mate!
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posi
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January 22, 2020, 03:58:29 PM |
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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.
I supported what you said because short form of trading is not for people cant control their greed and emotion and for OP to have said he lost his investment when he does the long aspect of trading completely shows that he's totally inexperience as crypto trading is concern but i will advise him to do his home work first while he just buy and hold his coins.
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Lecam
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January 25, 2020, 12:50:01 AM |
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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?
I think you can go again and try bitcoin is a good investment if I have enough money I will invest it in bitcoin because I know that bitcoin will change my life in the future. So don't be negative once you enter in the world of cryto investment you must have positive thought so that you will achieve your dream.
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FaithInCrypto
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mada mada dane
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January 25, 2020, 01:04:47 AM |
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You probably bought your BTC when it was high as sold it in a panic mode when it hit an all-time low. That shouldn't be a character of an investor, honestly. If you go short term, you need to be updated on what's going on with the crypto market every day, which is a bit less concern for someone who hold BTC for the long term.
Anyway, if you are still testing the waters never invest bigger than the amount you would accept to lose. Just a little money at first then you can increase it gradually. Don't invest without knowledge as much as possible. Research is the key always.
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BuNga_cute
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January 25, 2020, 01:14:45 AM |
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Very many people have experienced bad events like that, indeed investing in cryptocurrency is very risky. And no as easy as imagined. I'm sure you lost all the bitcoin you have due to lack of knowledge and experience in the crypto world, and there is a possibility the strategy you are using is not right. In my opinion the decision is yours, whether it will be continue or stop. Whatever answer you do that you think is good, but for me investing in cryptocurrency is the chance of getting rich.
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TheGreatPython
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January 26, 2020, 04:40:40 AM |
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Are you experienced in investing in stock markets? If yes, than you can go for them if you are intrepid with leverage trading. Reading and understanding you I am sure you are talking about leverage trading to go long and short on the market price to make quick profits. This method is really useful if you have the guts to make some research but price going in opposite direction might give you huge loss so it is also treated as much riskier.
You could move to margin trading if you want to start trading with higher amount than your actual capital is. This might seems interesting for you and you might again turn back to cryptocurrency trading.
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KrisAlex18
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January 26, 2020, 11:59:06 AM |
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Stop doing it?
well you should look at your success rate history for at least a year and see if you were only getting lucky and making profit or were you actually making profit because your analysis was good and closest to reality and that made you make profit. if it is t he former then you must stay away from trading and if it is the later then continue doing it. but i'm guessing based on your topic title your trading strategy might have been more like a shot in the dark that sometimes hit the target in which case you might want to make some major changes in your approach. Well you need to better check if your earning is quite continues atleast a bit a month or probably a year too for the sake of your money. Gettig lucky is very hard to get, it might comes in our life but not always. Make some analysis in the stock market and make it a basis in making some decision in investing. The best way also to earn and gain more profit is be good at making decisions and strategy. Knowledge is a good thing that one person can have that might help us on our life.
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Distinctin
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January 26, 2020, 01:00:34 PM |
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Just go the way that works for you. I hate leverage trading, there is no way I can lose all my bitcoin doing a spot trading with USDT/BTC and not trading some shit altcoins. The quest to make more money can lead to greed that may eventually consume one.
Leverage will never have a good return to us, instead, it is a way to lose everything we have.
Thus, if you are wanting to be in trading...better to find another strategy that is suited to our capabilities and knowledge. For it, it is important to know our position, knows coins we are going to trade for that is the only way we are able to save from losing in the end.
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Latviand
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January 26, 2020, 02:06:17 PM |
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I dont understand why there are still people like you who has lost the invested amount in Bitcoin going for a long term holding. I mean, holding and monitoring the market every now and then isn't a hard task to do. Most cases like this happened to those who rush and trade to earn good profit. It's never easy to trade btw, specifically short or day trading. Now, compose yourself up move on, recover and then decide.
they are the one who are looking for easy money and they think bitcoin can give it to them easily. There is no easy money it needs time and effort monitoring price movement before you can earn profit from your investment . Loosing is also part of investment so if you experience the lost move on and take it as a lesson. Losing is quite certain especially from an investment that is why there is a belief that you should invest only an amount you can afford losing because there is a risk. There is no such thing as an assured profit especially in crypto wherein volatility is in nature of the market. Also do not get cartied away by the opinion of the majority such that "the market price will reach $$$$$$ at the end of the month" simply because no one could really predict how will the market behave.
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sulendra12
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January 26, 2020, 02:22:00 PM |
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Stop doing it? or Start diversified investment in Stock? or Not at all?
Why would you stop when you will literally come back later to recover your money, I would rather to come back and just only invest that you can afford instead of all in because making something big is not a must in trading because that's not gonna make you rich instead the greediness will lead you to loss.
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wildan88
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January 26, 2020, 02:31:29 PM |
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Stop doing it? or Start diversified investment in Stock? or Not at all?
Why would you stop when you will literally come back later to recover your money, I would rather to come back and just only invest that you can afford instead of all in because making something big is not a must in trading because that's not gonna make you rich instead the greediness will lead you to loss. that means something is wrong if you continue to lose, do not force something that we do not have the knowledge about what we do. but if you want to learn, never give up because later you will get the best results. if the long term better invests in parent altcoins the results will be very good.
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dimonstration
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January 26, 2020, 02:36:10 PM |
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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.
There are already many stories of lost bitcoin due to leverage trading. We need to be aware of what we are getting into. We must know what we're dealing especially for newbies who are excited to double or triple their profit, know that at those price will have a correspond risk which is bigger than expected. We need to studied trading before entering.
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DabsPoorVersion
Sr. Member
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January 26, 2020, 02:45:40 PM |
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Stop doing it? or Start diversified investment in Stock? or Not at all?
Why would you stop when you will literally come back later to recover your money, I would rather to come back and just only invest that you can afford instead of all in because making something big is not a must in trading because that's not gonna make you rich instead the greediness will lead you to loss. that means something is wrong if you continue to lose, do not force something that we do not have the knowledge about what we do. but if you want to learn, never give up because later you will get the best results. if the long term better invests in parent altcoins the results will be very good. What currently is wrong with him is that he lacks knowledge. What you have said is what he needs right now, if he wants to learn, he should never give up but first he should prioritize learning especially from the mistakes he have done to get the best result in the long run.
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asus09
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January 26, 2020, 04:55:00 PM |
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Before trading you have know what risk will you get and never make sense with bitcoin and altcoin investment, you can lost all your assets when trading in bitcoin during have lower price but you can get double profit if bitcoin back to higher price, be careful when start trading with bitcoin and altcoin.
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tvplus006
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January 26, 2020, 05:29:34 PM |
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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.
Having no experience in margin trading, beginners tend to get as much profit as possible. And as a rule, the maximum leverage is chosen instead of the minimum risk. This is exactly the case when you can lose your entire Deposit if you do not close the transaction in time.
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fiulpro
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January 26, 2020, 05:47:17 PM |
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Well trading is always risky therefore I do think that you should have known since the starting that the faster it goes up the faster it goes down . Therefore you could now sell your services or even put up with this forum and then participate in the events and even take part in the signature campaigns after a while , a stable small payment would be actually nice therefore there is plenty of options , what you have lost cannot be retrieved focus on the future.
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Sanugarid
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January 26, 2020, 09:01:23 PM |
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Stop doing it? or Start diversified investment in Stock? or Not at all?
Why would you stop when you will literally come back later to recover your money, I would rather to come back and just only invest that you can afford instead of all in because making something big is not a must in trading because that's not gonna make you rich instead the greediness will lead you to loss. that means something is wrong if you continue to lose, do not force something that we do not have the knowledge about what we do. but if you want to learn, never give up because later you will get the best results. if the long term better invests in parent altcoins the results will be very good. What currently is wrong with him is that he lacks knowledge. What you have said is what he needs right now, if he wants to learn, he should never give up but first he should prioritize learning especially from the mistakes he have done to get the best result in the long run. That is why before entering in this kind of investment they should have some knowledge for them to work well and earn, and get what they want. They should have plans for everything so that the chances of failure is too low. Going into a investment is too risky because you are depositing your money in a project and it is you responsibility to know if that is a good project. There are some project that are scam but you cant just invest to that because you should study every project, whitepaper is important because it is where all the information that the project have. You can read that and can say that the project is good based on their whitepaper. You can also visit their website and check if that is legit. And also the reactions of other investors, you can get jnformation from them if that project is really good for investing.
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Baoo
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January 26, 2020, 09:56:25 PM |
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Well, it is not the end of the world if you lost all your Bitcoin. In my opinion, you need to accept this fact and learn for this failed experience positively and then you should deal with it wisely, that's how you can overcome this loss. And believe me, complaining and giving a ton of excuses will change nothing. Restart again and go make something remarkable. Plus, you should start buying an acceptable amount of BTC and ETH I would guess maybe like 500 USD or 1000 USD especially in this period and of course you need to hold all them, and in the next PUMP try to invest in some cryptocurrencies who have a low price like Ripple, Tron especially Tether.
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