One mistake and l have lost all bitcoin

[finaleshot2016]

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.

Agree, I guess as an investor, they should do they part which is having research on that specific asset. If they just rely on the coin, most of the time, losing is always happening. Also, do some research about the top coins that have a lot of potential so you can grow your money in a long-term investment.

[MCobian]

The mistake that many investors often make is to be lazy to analyze the market, so rely on the predictions or analysis of others.
Which is not necessarily accurate, this is actually a valuable lesson for us all. In order to want to do research and analysis by yourself
for every investment. I'm sure if this is done we should be able to avoid losing all the bitcoin that we have. And one more suggestion,
do not use all the capital we have for investment. So when we experience losses we can overcome them.

[NotFuzzyWarm]

@ OP

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

Unless you bought the Tokens using BTC you did NOT lose Bitcoin. Bitcoin is not a generic term.
You lost money on a crypto coin aka an altcoin, no surprise there as most of them are crap. Only BTC is Bitcoin. All other crypto coins are alts, period.

[kotajikikox]

Just learned the lesson of the mistakes, do not let it down you, do not think so hard about it because failure is part of our lives,

Exactly because our life don't stop in our mistakes instead this must be our stepping stone to reach our goal,let the mistakes and failure be our teacher so we wont experience the same thing again and that is what life must be.

that is the reason why people learned things. If you lost your money in trading, that is normal, especially for he beginners because they have no skills and knowledge so far but if you get experiences and acquired skills and knowledge about it then for sure you can earn money someday.

The best way is when you lost then don't push further instead learn more,invest only small amount while we are still in learning process so we wont lose that big until we finally learn everything.

Do invest, it is very advisable especially for all the beginners who want to earn money because aside from saving your money you are also making it profitable.

actually invest for long time,forget about the profit for a while live your life and check the prices in more time.

[Naughty Princess]

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.

I agree. Learn from your mistake because not all things happen the way you think it is. You can learn from different media but also ask advices on those people who actually did it. You do not put all eggs on one basket to avoid lot of losses. Mistakes can make you grow and help you to think much better strategy to avoid that mistake again. Stand again and do not let that mistake to ruin your goal.

[FlightyPouch]

All of us are on the same platform and the difference we had is the experience and the knowledge we accumulated through the years. OP had his fair share of mistakes and it will happen to other people but not to take them down but to hit them so they could learn and hit back stronger. Don't be that down OP, you learned something at the expense of you bitcoins, I hope you'll use that knowledge to stand.

[Onuohakk]

Just because ETHBull and ETHBear Token was 3x high in price, you decide to invest in it, other than eth. You forgot in a hurry that eth always have the tendency to increase more than any other coin.

This mistake of yours is now in the past, forget it and move on. Try as much not to be moved by FOMO again. My advice is before you invest in any other altcoin next time, research on it probably. Always keep this in mind ''invest with your spare money''

[Mpamaegbu]

In Poloniex? Hm, I don't use that to make money because I see the price is not realistic for me, so I leave that behind off me. I prefer to select the other coins than that coin.

I am not sure where you got Poloniex out from, in the OP's comment?

However, it's good to note that the OP has since moved on after learning from his mistake. It's one of those things we learn in life and I believe every high ranked member in this forum has one tale or the other to tell about such lessons. It's the price we pay for experience. We learn everyday. Even after reading the OP's sad experience, many more will still fall prey to the same scheme.

[wxxyrqa]

                         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. 


                2.Big mistake of my life  

    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

In my opinion, there are only a few cryptocurrencies, such as Bitcoin and Ethereum, in the prospects of which there is no doubt, therefore, long-term investments in any amount in these cryptocurrencies will bring real profit to the owner. All other cryptocurrencies, as well as not too popular projects, carry a huge risk for the investor. Of course, in most cases, cryptocurrency users invest their funds not only based on the results of their own observations and full analysis, but also invest under the influence of active advertising, which is one way or another the engine for any project in the cryptocurrency market. But I believe that you should provide all the information about the projects and specifically about the owner of the YouTube channel, which seems to almost trap the investor. at least the community should be aware of the fraudulent actions of certain bloggers if they see unacceptable actions in their activities.
There is only one incomprehensible thing, when you say that you lost all your bitcoins, although in fact you invested in other cryptocurrencies in the project.

[rodskee]

This mistake of yours is now in the past, forget it and move on. Try as much not to be moved by FOMO again. My advice is before you invest in any other altcoin next time, research on it probably. Always keep this in mind ''invest with your spare money''

Without good knowledge in any investment that you will going to take, the end results always be the same. Failed to
assess brings burden to your invested money.
It's tough to see your money fading because of your mistake, no one to be blamed since this place of investment
is open to everyone who are good in analyzing.
But also needs to remember that those who do their homework always have the advantaged, if you study everything
your assessment and decision making have a higher chance of success.

[Eugenar]

Thanks for sharing your story, don't be mad at or get sad by what was happened to you, it's pretty normal especially for the beginners like you to lost money in trading, just make it a leson for you, that's life we will get some negative things in life the good thing to with it is to make it positive. If you don't want to experience it anymore, just give to learn it, gain skills and knowledge so the next time you will try it, you will be succeed.

[Triffin]

Just learned the lesson of the mistakes, do not let it down you, do not think so hard about it because failure is part of our lives,

Exactly because our life don't stop in our mistakes instead this must be our stepping stone to reach our goal,let the mistakes and failure be our teacher so we wont experience the same thing again and that is what life must be.

that is the reason why people learned things. If you lost your money in trading, that is normal, especially for he beginners because they have no skills and knowledge so far but if you get experiences and acquired skills and knowledge about it then for sure you can earn money someday.

The best way is when you lost then don't push further instead learn more,invest only small amount while we are still in learning process so we wont lose that big until we finally learn everything.

Do invest, it is very advisable especially for all the beginners who want to earn money because aside from saving your money you are also making it profitable.

actually invest for long time,forget about the profit for a while live your life and check the prices in more time.

Everyone feel so excited about profit and it is so natural to keep thinking about u it. But being excited does not means to lose control and sell all your coins at wrong time so thats why once you buy then don't make plan to sell your coins earlier than getting proper profit as panic selling is the only mistake that will make you cry and you will lose all your profit with this miner mistake.

[Asuspawer09]

                         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. 


                2.Big mistake of my life  

    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

In my opinion, there are only a few cryptocurrencies, such as Bitcoin and Ethereum, in the prospects of which there is no doubt, therefore, long-term investments in any amount in these cryptocurrencies will bring real profit to the owner. All other cryptocurrencies, as well as not too popular projects, carry a huge risk for the investor. Of course, in most cases, cryptocurrency users invest their funds not only based on the results of their own observations and full analysis, but also invest under the influence of active advertising, which is one way or another the engine for any project in the cryptocurrency market. But I believe that you should provide all the information about the projects and specifically about the owner of the YouTube channel, which seems to almost trap the investor. at least the community should be aware of the fraudulent actions of certain bloggers if they see unacceptable actions in their activities.
There is only one incomprehensible thing, when you say that you lost all your bitcoins, although in fact you invested in other cryptocurrencies in the project.

Maybe it could be a lot of YouTubers or youtube celebrities are very influential and a lot of companies are using them to promote something like an investment like this.

For sure a lot of them didn't really know the risk of investing in different platforms etc. Since they are just getting paid to do this and not really their own content a lot of people will be influenced to invest too if they see their favorite youtube promoting the thing. I've seen a lot of people loss a lot of money just because they fall into this, don't invest unless you know that you are trusting someone the have experience in the field.

[klava1983]

Trying to be optimistic, you a lesson and you paid for that not so much. Anyway, the bigger mistake would be investing in Bitcoin in 2017

[Yamifoud]

Trying to be optimistic, you a lesson and you paid for that not so much. Anyway, the bigger mistake would be investing in Bitcoin in 2017

No, it was not a mistake for me, only we are been trick by whales and fall into their trap...that is in the wrong timing.

We can consider those days a failure but not a mistake that we ever regret. The big mistake there I saw is that we are drag into a more optimistic person that we don't think for a drop to follow after the bullish is done. We don't think that will happen because in our mindset is to gain more and more, double our investment or even triple. And so much that we lose a lot. We all learn that day and that we become more on FOMO in every time we saw declines.

[gamer4156]

No matter where you invest, you have to think about it. Once you have invested, it is time to come back. There could be a lot of damage in that time. To invest in the crypto market, you must first verify the authenticity of the token or coin. It is not wise to invest in nonsense tokens. I don't think so many boats should be put together. I would like to invest in Bitcoin with confidence and trust.

[tbterryboy]

I am not getting this, are you trying to say that you sold your bitcoin to buy Ethereum?

There is really nothing to lose there because Ethereum is currently at $230+ and is still moving. The price of Ethereum correlates with Bitcoin, when Bitcoin goes up you wouldn't have anything to lose. If you think you made a mistake, it's never late to buy Bitcoin now. We all are expecting a bull to happen from now to 2021.

Every of our mistakes in life is for us to gain experience, you're not going to learn some things if you don't make a mistake.
So, don't think much about it, just chill and forget about it. And if you can, just like I said, sell them and buy Bitcoin back. It's never late, the price will still go up.

[panganib999]

There really comes an instance in our crypto journey that we face such scenario of being a victim of such scheme or other related reasoning since we all do start of being newbie in this kind of industry we are all currently in to.

The good thing that you can get into the experience you have is you have learned something that you must not depend or rely into something you just saw and decide that you wanted to invest. Better be always sure and verify everything to avoid experiencing loss when it comes to doing investment. Also invest only the amount you can do afford to loose since there are really times that when we explore, trial and error is applied because potential coins can be discovered out of the comfort zone of just looking up into the top cryptocurrencies. Although it was a bad experience for you, well you at least have learned something so that you will be aware now to check first before coming up into deciding to get in an investment.

[lepbagong]

No matter where you invest, you have to think about it. Once you have invested, it is time to come back. There could be a lot of damage in that time. To invest in the crypto market, you must first verify the authenticity of the token or coin. It is not wise to invest in nonsense tokens. I don't think so many boats should be put together. I would like to invest in Bitcoin with confidence and trust.

The first thing to know is that for all investments that have very risks, it is just a matter of how to mitigate those risks properly with a accurate analysis so that there is no huge loss. in a situation like now it is not advisable to invest in new altcoin, although it may be very tempting, it is better to stay on the top altcoin that already exists in the market. I am more inclined to you the best for investment of course on bitcoin, does not mean that altcoin is not good, ethereum, BNB, XRP, NEO are also very good.

[DabsPoorVersion]

Now I have thought that do not invest at the behest of others.

That mistake gave you a big lesson,

It is true that we should not invest just because there is someone popular or someone you know invited or give you an influence to invest. This is totally wrong, you should at least investigate and make your own research whether it is good to invest or not.