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Author Topic: One mistake and l have lost all bitcoin  (Read 1687 times)
7788bitcoin
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June 08, 2020, 08:49:55 PM
 #61

thank you so much sir, you share this sad moment of you and make us knows to don't do some in panic like you.
i am so sorry of your all BTC sir, be a greatful and let's start again.
When it comes to investment you cannot take anyone seriously and invest blindly, you need to do your work and learn about the market before investing.

i don't really know about day trading, bear and bull market time and other strategy of trading, but i just keep my BTC and waiting the perfect moment to buy and sell.
and i get that information if in end of 2021 BTC will grow to the moon like 2017, so i'm waiting until that time.
There is time for you to learn about these things, you need to spent a few hours to learn about the market. Looks like you are going for the safe option but there is much more to the market to make a huge profit.

When it comes to the moon, patience is a virtue. The market will go higher but you cannot tag a timeline for that considering the pandemic and the economic situation.
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June 08, 2020, 11:37:10 PM
 #62

I have to admit, being still a noob to BTC and learning the hard way to losing my original BTC when mining back when you could with a CPU. I was just mining to my hearts content when all of a sudden hard drive crashed.  I thought I had a backup and I never backed it up :/ I have learned to backup, even a backup and print what I need to restore on paper to keep it in safe keeping. I do also on a regular basis re do my print out because of it fading.   Grin Shocked  I have to agree, keeping all your eggs in once basket is never grand idea and diversifying will at least give some other opportunity's have something to fall back in case you end up with a bad investment. I am by no means an expert at all. I have taken in heart reading others mistakes and trying to learn from it. I wish you the best of luck! 

Come mine at my pool https://miner-world.com
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June 08, 2020, 11:54:04 PM
 #63

I'm sorry with the disaster that befell you, just move on. Turn this terrible incident into a learning for all of us,
that don't use all the capital we have for investment. And most importantly don't follow other people's signals
to make an investment decision, analyze the tokens that we will buy. I am sure the results are more accurate
rather than following other people's signals.

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June 08, 2020, 11:54:41 PM
 #64

That is difficult when you are relying on someone who do the task. It is already done mate, thinking it back again won't make you recover but instead, it puts negative into your mind. Yeah, it is sometimes we listen to others opinion and ideas but having does not it makes us fall with them, we should also think if this right or absolutely wrong. What's wrong with you is that you easily trusted these people and so their project promoted without having time to evaluate their project and put everything you have with no doubt. This will never happen to you if you spare time to think and listen to others.

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June 08, 2020, 11:55:13 PM
 #65

...
    this investment was done at the behest of a youtuber which proved to be a big mistake in my life.Now I have thought that do not invest at the behest of others.
...

Yep, that was the big mistake. If a user wants to buy a token or an altcoin he should do it himself, create an account in the exchange and make the trade.

Nowadays is easy for the scammers to get a group of investors and walk away with the money... so, the best option is to learn how to invest our money and how to del with exchanges.
People wont learn if they wont experience loss.Its not necessary for it to be experienced but in most cases people do really fall into these pits specially if you do lack of knowledge.

Mistakes are there but on next time be sure that you do know on what you are doing.Experience is the best teacher and keep learning from it because you dont know all the things

here on this world.I have big mistakes too back in the past when i do start up here on crypto but i do still keep pushing forward and learning up new things.

R


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jdoerrerstl1977
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June 09, 2020, 12:05:07 AM
 #66

...
    this investment was done at the behest of a youtuber which proved to be a big mistake in my life.Now I have thought that do not invest at the behest of others.
...

Yep, that was the big mistake. If a user wants to buy a token or an altcoin he should do it himself, create an account in the exchange and make the trade.

Nowadays is easy for the scammers to get a group of investors and walk away with the money... so, the best option is to learn how to invest our money and how to del with exchanges.
People wont learn if they wont experience loss.Its not necessary for it to be experienced but in most cases people do really fall into these pits specially if you do lack of knowledge.

Mistakes are there but on next time be sure that you do know on what you are doing.Experience is the best teacher and keep learning from it because you dont know all the things

here on this world.I have big mistakes too back in the past when i do start up here on crypto but i do still keep pushing forward and learning up new things.

I would totally agree with you here and keeping your mind in an positive mind set allows you to keep moving that needle forward. I mean what is there thousands upon thousands of coins these days? I think trying to weed out the any good ones is hard as it is. For example, you have BTC which started it the entire crypto arms race to be the next best coin. As my grandparents would say "hard live lessons are the best teachers" and that comes with learning how to navigate the lanes in your life. I see BTC as a way to not have BIG Brother keeping an eye on all your funds but with comes all the bad elements too.  Welp time to sign off and best wishes to all.

Come mine at my pool https://miner-world.com
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June 10, 2020, 06:21:51 AM
 #67

...
    this investment was done at the behest of a youtuber which proved to be a big mistake in my life.Now I have thought that do not invest at the behest of others.
...

Yep, that was the big mistake. If a user wants to buy a token or an altcoin he should do it himself, create an account in the exchange and make the trade.

Nowadays is easy for the scammers to get a group of investors and walk away with the money... so, the best option is to learn how to invest our money and how to del with exchanges.

You should invest at your own interest and not into other's behest. All your money should be at your full control and do not let other people affect your investment, you are responsible with your account and you need to manipulate it properly so that you can also grow and learn more about investments.

The mistake that you've made should be your lesson to become more knowledgeable and wise enough to engage in bitcoin.

Big names should not let your account become attracted or be fooled because there are some fraud accounts that can steal your money, always be careful about your assets and you really need to have your own decisions. Learn from your mistakes because learning are limitless.

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June 10, 2020, 08:06:48 AM
Last edit: June 10, 2020, 11:00:05 AM by rodskee
 #68

Thanks for sharing your experience, at least you have learned your lesson, in every action and mistakes we have done we should acquire knowledge and skills on it so for the next time that we will try it, we are able to win it.

Trading when you are only a beginner is such a big mistake, you shouldn't try it if you are only a beginner because most of the beginner who tries trading lost their money, you should acquire knowledge first and make some research.
Learning from every attempts that you've made inside trading business is very important in enhancing your skills, A lots of mistakes
coming from newbies who are thinking that it's just an easy journey.
You have to earn every knowledge even you made mistakes as long as you are acquiring good understanding you can use it to avoid
doing the same thing over and over.
The very essence of trading is to continually learn strategies that will helps you  to win over from other traders who are also trying
their best to succeed from this business..

Take that as an experience and learn from it, tho it is an expensive experience. That is why when making an investment or trade, never let other's opinions or FOMO run into you. Take note, it is your money and you will bear the fruit of your investment, not other people. I my self had a lot of moments since I started where I had lost a lot of money due to FOMO, fraud, scam, sent to a wrong address and any other mistakes most people commit when they are newbie. Don't let it take you down and learn from it.

That is the main problem here in crypto ,most are looking for advises and opinion not knowing that those who gives are mostly to make their post cool but the truth is they don't even know whats the progress of the said currency they are giving.

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June 10, 2020, 09:05:30 AM
 #69

This is not just a lesson for you. Actually this must be read by every single new into this kind of business because as you can see now a days there are many people trying to convince as to something too good to be true just to scam other people. I hope every time you make a big decision you must not just stick to one person or you just believe on what they say, you should make your own research that can make your decision stronger, especially to coins that are not that good enough. Many people try to fool others.

I guess trust issue will come out to you because of this, right? That is better than to make another mistake. I hope this will not happen to others too.

Good luck to your next trade.
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June 10, 2020, 11:55:21 AM
 #70

From your lesson we should learn that everything in Crypto can be happened if we are not conscious mostly.
Every lesson is important in crypto world and there is no room for no experience crypto earners.

we all started as a newbie on here and it seems like your saying that no newbie is allowed on here ? nothing wrong with being a newbie and infact they are much better compare to when you start here as an intermediate  user imediately because you wont know the ups and downs of this market . anything happens outside so why not here ? crypto is just a small part of our lives  . lesson is a lesson so its important but what more important is how you adapt it
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June 10, 2020, 12:27:51 PM
 #71

                         1.How did I lose my bitcoin?
       I learned about the ETHBull and ETHBear Token which is the 3x leverage token of the FTX exchange. The price of ether was then below $ 100

                          At that time the price of ETHBear was $ 30 when I invested.Then the price of the Ethereum was around $ 120. At the same time, I panic and I made all my investments on ETHBear in the face of huge profit. 

You have just learn that ETHbull but you already trusted that much?without even asking someone if this is legit or not?it this is safe and profitable or not?sometimes this is the problem about us,when we are too greedy if there is a huge profit promises.

Quote
                2.Big mistake of my life Angry Angry  Angry

    this investment was done at the behest of a youtuber which proved to be a big mistake in my life.Now I have thought that do not invest at the behest of others.
 
  When I lost my entire BTC, I felt very bad, please do not do it.     

                                  Thanks for all



YouTube is a great source of knowledge but it doesn't necessarily means that they are truthful and legit,people now are doing everything just to lure us to become a target of scam or anything that can take our money.
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June 10, 2020, 10:03:05 PM
 #72

Regrets are always in the end and im certain you learn something from that experience. Next time dont invest in shitcoins and make sure you did a research before investing and not because you chose a coin influence by a youtuber hoping you made the right decision.

Its in the past now so move on, you can still recover that amount in time.

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June 10, 2020, 10:22:15 PM
 #73

Regrets are always in the end and im certain you learn something from that experience. Next time dont invest in shitcoins and make sure you did a research before investing and not because you chose a coin influence by a youtuber hoping you made the right decision.

Its in the past now so move on, you can still recover that amount in time.
Regrets doesnt always come before thats why we should really be keen or careful towards in our actions if you dont like to be wrecked up.Research everything before you do make steps and be careful because one mistake will surely cost you a lot.When you do get some mistakes then try to learn from it so that in next time you do already know on what to do.


By the way, already many comments are there which is detailed about your problem but I have something to say regarding it. I always prefer to invest the amount which you can afford even after losing it for a short term or long term. It will be wise to invest in different places. There has always a saying that don't put all the eggs in one basket.
Investment should really have that kind of mindset for an individual on where they should really invest on the amount that they can afford to lose since we know
that theres always tendency on losing up your entire capital in a short possible of time. Diversify does really matter but it should
really be also done carefully.

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June 11, 2020, 03:38:58 AM
 #74

By the way, already many comments are there which is detailed about your problem but I have something to say regarding it. I always prefer to invest the amount which you can afford even after losing it for a short term or long term. It will be wise to invest in different places. There has always a saying that don't put all the eggs in one basket.
Yes, we should do that if we don't want to feel sad about the investment. It is better we invest in the coin which has potential to increase, and if we choose bitcoin as the investment, we should hold it for some time until the price increase so high, so we can sell it and make a profit. Many people use all in to invest, but they are not ready with the drop in the price, so if that happens, they don't cut loss to prevent the loss.

.
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June 11, 2020, 04:20:56 AM
 #75

I agree with you that there will be some risk in investing in bitcoin but we have to try to reduce the risk I think it is better to invest long term in the field of investment as it has less risk and it is possible to make a lot of profit if the price goes up. Long-term investment takes a little time but even if the price goes down, the price goes up later Therefore you have to work to calm your mind without getting frustrated No matter what the situation in the market you should always be ready.
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June 11, 2020, 05:35:19 AM
 #76

OP lost alot of money by listening to an advice of stranger, guess what his next post after this is? Asking strangers for more financial advice

(Translated title- "Now which coin is right to buy?")
http://prntscr.com/sx7d9z

Guess he learned nothing from this, he earns no sympathy from me.

But the real question is,Does His story is true and based on real story or just a created one to gain merit or support?
Because how can a investors that lose Money from listening to other people and the next thing wanted to ask is another advice from random people?thats a pure stupidity and not trust worthy.

At first The thread looks legit but after your exposure i doubt the story of OP  Huh

In my own opinion,asking people about which to invest is normal but never believe each word instead make own research and find the truthful in each advise they made.









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Mars,           
here we come!
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ElonCoin.org.
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.
"I could either watch it
happen or be a part of it"

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yhiaali3
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June 11, 2020, 08:48:01 AM
 #77

The loss is not important if you learn from your mistake the next time, do not make this loss pass without a price. Make it as a paid lesson. I mean, consider this amount that you lost as a paid educational lesson.
Advice: you know on your own and don't trust YouTube or Telegram channels, this has happened to me before and I followed the recommendations of one of the Telegram channels and then I lost my deal.
We all make mistakes, but it is important to learn from these mistakes. Practicality and errors are our biggest milestone.

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June 11, 2020, 09:21:22 AM
 #78

Well first of all I would like to suggest everyone please do not invest in leverage tokens / Coins.This is the best way to mostly lose your money. It's similar like Contact trading.Yes, you can raise your money overnight but keep it mind you can lose them also. Secondly do not trust any telegram or Youtube's recomandtation.That similar like walking dark night without light because you never know what will gonna happen. Finally I would like to say you lost your money but without being upsetting just take it as your lesson & go ahead for the future.   
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June 11, 2020, 04:58:41 PM
 #79

Learn from our mistake is the best education in cruptocurrency. Don't rely on others,just do your own reseach and study because at then end you will suffer alone from your steps and decision. Also never stop whatever mistakes you've done just go on.

For all the newcomers one should not directly invest in any coins. understand what is crypto, what are the coins, what is the project and what is the future. Do you research and read this forum for more details. Ensure one has full clarity about what they are investing and for how much time. Only after fulfilling everything go ahead and invest in such coins. Else at times it is better to stay invested with good coins as returns could be rewarding in coming times when the bull runs hit the market.

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June 11, 2020, 05:45:29 PM
 #80

The bear / bull trading pair is essentially a fraudulent trading pair, making you energetic and will lose up to 90% of assets like the bull trading pair on Binance. Due to this imbalance, many users complained and Binance had to cancel this pair on their exchange. This will be a great lesson for you in the following investments: be sure to understand carefully what you plan to invest and remember to always put stoploss for your investment decisions. If you lose 10% of your assets after an investment, you can still make a profit. If you lose 40-80% of your assets by not putting a stoploss, it's very difficult for you to regain your original capital.
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