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Author Topic: One mistake and l have lost all bitcoin  (Read 1687 times)
mdanwaransari (OP)
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June 02, 2020, 05:05:50 AM
 #1

                         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 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

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June 02, 2020, 05:34:31 AM
 #2

Look at the bright side- you learned a really really valuable lesson in exchange for (hopefully) not a huge sum of money. Since you're a bit smarter now, hopefully you wouldn't make the same mistake in the future. Hopefully that lesson would  teach you to be highly skeptical of everything you do with your money especially concerning YouTubers shilling crappy coins.

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June 02, 2020, 06:08:07 AM
 #3

I don't know when you had invested on ETHBear but seems it was all time high $93.62 USD (Mar 13, 2020). If you had bought before that and didn't sold means you were greedy enough. However, anyone shouldn't depend on any single coin/token and invest all the fund on it. Because this mistake would led to lost your funds. But that would be lesson for you and for other users as well. Past is past, it can't be come back. So be careful for further trades when playing with your bitcoin, just don't repeat same mistakes and don't be greedy.

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June 02, 2020, 06:10:48 AM
 #4

Right, charge this experience of yours, although it is very expensive on your end.

And I do hope that beginners reading this should learn as well, Youtuber influencer or whoever is not a sure formula to profit here, so stay away from them. I would say that 90% of Youtube influencer doesn't really know what they are preaching, they just join the bandwagon and claim to be a so called "crypto experts". So stay away from them!!!
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June 02, 2020, 06:48:31 AM
 #5

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 hope you can learn from your mistake. Although you watch from Youtube, it doesn't mean you should follow that guy suggestion because you need to research more why you should invest in that coin. Never invest in something that you don't know, and better to search for more info, so you know if that will be useful for you or not.
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June 02, 2020, 06:52:23 AM
 #6

       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 $ 10
   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 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.

Very sad to hear from you about your loss by investing on bull and bear token which is really very risky. I also invested on Ethbull and bear token but I made 2× profit by investing on Ethbull token which pumps 3× when Eth pumps 1× .So try to make investment after doing technical analysis first.Then you will be able to make profit like me and others.

So don't follow others signal for trading and do own research and always use stop loss to be safe and stay on game.

When I lost my entire BTC, I felt very bad, please do not do it.
You should not say "please don't do it" to others.You must say invest after proper technical analysis and risk management as it has huge profits and losses too.

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June 02, 2020, 06:55:34 AM
 #7

This is the reasons why i only invest what i can afford to lose in trading or in buying some crypto currencies and at the same time i never listen to anyone suggestions without my own research on that coin/token before i buy it. You have to always remember also the best motto of almost all investors the “ don’t put all your eggs in one basket, so that if one of your eggs got damage some of them are safe and could bring you a good fortune in the future. Charge that to your experience and learn from it next time.


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June 02, 2020, 07:18:41 AM
 #8

                         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 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



Seems like you are not very well informed about trading and you just followed someone's advice without making your own research.
It is very dangerous to trade 3x leverage tokens if you are not familiar with trading.
I think that now you have learned what you should do and do not next time.
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June 02, 2020, 07:27:52 AM
 #9

Thank you for bravely sharing your experience. Not all that have turned into this experience have the guts to share their unfortunate investing experience in cryptocurrencies.

The lesson that you and we can learn from your story is, not everything that a YouTuber says is good to absorb. I also watch crypto YouTubers but I don't buy if something is mentioned and pushes their viewers to buy. You still have plenty of time to get back to bitcoin and hold it. As long as you're here, you can still recover and apply the lesson you have learned.

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June 02, 2020, 07:31:15 AM
 #10


Seems like you are not very well informed about trading and you just followed someone's advice without making your own research.
It is very dangerous to trade 3x leverage tokens if you are not familiar with trading.
I think that now you have learned what you should do and do not next time.

He already learned his lesson hard. Most youtubers are endorsing certain project because they are being paid. So they will not say anything bad towards the project. I never encountered that EthBear that he mentioned though. Since he already experienced being deceived by someone, by now, he will be careful in trusting someone even those self-proclaimed experts.
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June 02, 2020, 09:15:57 AM
 #11

I will just assume that you are a newbie in investing that is why this happened to you.

As a newbie, you should be ready for all the mistakes you will experienced and learn from all of them. Thanks for sharing your experience though as you gave a warning for those other investors here. Now you learned that you should not entrust your money to some stupid youtubers out there saying that invest to this coin as blah blah blah.. In the end, proper knowledge and deep research are your keys to get a profit in investing.

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June 02, 2020, 10:50:42 AM
 #12

At least you have learned something from your losses. On the brighter side, you have gained knowledge and experience so that you may not want it to happen again on your side and you can tell your friends about it. You are not alone, as lots of cryptocurrency and blockchain enthusiasts are also experiencing losses as well.

I also lost a lot of money due to the bad decisions I’ve made back then. Yeah a lot, and I regretted big time and it’s hard to move on until I finally let it go by just being productive for most of the day in other gigs. It’s hard to overcome these losses, but it’s money and we can get it back anytime. Deal with it, been there done that. I’ve lost a lot, but one day I did get it back even if it took me a long time to wait.

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June 02, 2020, 10:55:45 AM
 #13

OP, thanks for sharing. Most of us - myself included - have similar stories about how we have made bad trading decisions and ended up at a loss. It is important that we don't dwell on this sort of thing, but instead we learn from it and move on. If everything went as planned 100% of the time, we'd never learn anything - so hopefully the loss is not too terrible, and you'll be able to buy some more bitcoin and start again.






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June 02, 2020, 11:14:15 AM
 #14

Op should understand losses are part of life. What is bad is making same or similar mistakes all the time. The first mistakes are always for us to learn, to move on and be stronger and better. Almost everybody has a story to tell, like some have sent coins to wrong wallet either because of lack of knowledge or negligence.
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June 02, 2020, 11:26:49 AM
 #15

I feel you bro.3 days ago,I was scammed by a guy with $200 BTC on Discord.I felt bad for 2 days,but I thought to myself "life just goes on,losing money and getting scammed is a part of the struggle".
$200 BTC isn't that much and I felt really bad.I can't imagine how people feel,when they get scammed with thousands of dollars.
I guess that you weren't scammed,you just invested your BTC in some shitcoin/token.To me,this is similar to getting scammed.Don't give up bro,life goes on.

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June 02, 2020, 11:46:02 AM
 #16

                         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 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



That is what Stupidity means,You have already Bitcoin on your possession and yet you did invest in that token?

No wonder you felt Bitterness now because of making decision that makes you poorer now.

Hope this will never happen again to you mate.Sad to hear that.

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June 02, 2020, 11:52:06 AM
 #17

Your honestly in sharing is commendable. If you were to survey most long term crypto users they would have a similar tale of woe, though hopefully for a smaller amount that you lost. For what its worth, I know numerous people who have lost much, much more.

Look for the positive in this. It was a learning experience, which could end up being more valuable over time than the loss itself.
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June 02, 2020, 12:14:52 PM
 #18

This is a very expensive lesson. Always avoid FOMO because that is the main reason why a lot of traders are suffering from huge loss. Don't worry mate just think of it as a very expensive lesson and move on with your life, I also have similar experience like that in leverage trading and that experience give me a whole new perspective in trading in general. Next time you know what to do  Wink Goodluck on your future trades!!! Please don't quit Grin

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nicecrypto
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June 02, 2020, 12:19:36 PM
 #19

Ethbear from $226 ath to $0.76 at current price! Now I understand why you lose your funds in this obvious pump and dump coin, you are right, it is very wrong to buy a coin at it's peak because you will have a bad experience at the end, I feel sorry you had such awful experience, I hope you can recover your money from other good project.
stompix
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June 02, 2020, 12:28:02 PM
Merited by buwaytress (1)
 #20

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.

So, you lost ETH not bitcoins!

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.

Ironic, isn't it?
You've lost your money because of a YouTuber, but at the same time, you Md Anwar Ansari, a "A Cryptocurrency Treader" how you claim on your profile, you do the same as that guy. Shilling each day for crap tokens that will make other people lose their money.

The lesson would be to stop dealing with shitcoins and stop telling others to invest in shitcoins.
You're not doing any of these two!

.
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