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Author Topic: One mistake and l have lost all bitcoin  (Read 1687 times)
suzanne5223
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June 03, 2020, 06:23:00 PM
 #41

                         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
I'm sorry for your lost but you need to understand that 95% of all the token and the coin launched since the year 2018 are hype base project and the only best way to make a profitable investment if you dont have the knowledge of selecting a good project is by invest in coin/token which is in the market for more than 3years and still doing good.



                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.     
Most of the investment lesson posted on Youtube are spreading false information and this is the reason why i will never recommend anyone who's newbie to learn crypto investment or trading through Youtube video because the YouTube team are not doing there job like before and what they focus most now is copyright.

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June 04, 2020, 09:22:26 AM
 #42

investing on other people's orders or recommendations that you see on youtube is a bad decision. You don't even know the YouTuber and what is hidden behind the Youtuber's order. People who recommend investing in certain coins, have the intention to be hidden, they buy the coin first and then tell you to invest in it.

Don't trust other people's advice too much, do an analysis first before deciding to invest, don't lose your money for nothing.
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June 04, 2020, 10:12:22 AM
 #43

Sorry for your loss. Hope that you learned for that mistake you've made. Always remember that RISKS is always involve when investing, Im sure that others can relate to your situation as well , some people had been through that instance. As a fellow co-member of this forum I suggest that before you invest into something you've watched online , do some research and create an effective way of gaining profits rather than losing every btc you owned. In that way, you can make sure that Risks involve will lessen and you can gain more profits in the near future.

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June 04, 2020, 11:00:28 AM
 #44

  2.Big mistake of my life Angry Angry  Angry

When I lost my entire BTC, I felt very bad, please do not do it.     
Very regretted what happened to you, is the biggest difficulty you experience.
This is one of the most bitter lessons and also a reflection for the community here, including me, do not be easily persuaded by someone from YouTuber who says about Bitcoin investing.

Look for an Exchange site that has a good reputation in Bitcoin investments, be careful, is the main thing that determines the choice for investment, I hope that in the future things that happen to the OP, will not happen again and also ,to others.
I feel sorry for what happened to the OP.

R


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June 04, 2020, 12:47:21 PM
 #45

~

Ouf I wish I got here first, but you quicker stompix;)

I do hope threads like these stay up forever, so normal people can due diligence Anwar Ansari and see that not only is he a really bad trader, he does precisely what he says people shouldn't do. Too many people fall for this nonsense, throwing their BTC away for crap that only gets crappier.

Well, the problem with these topics is that after 3-4 pages nobody gives a damn about the discussion and simply post whatever craps go into their head.
On the bright side, I think that the ones who could arrive at the same conclusion as we did wouldn't probably need this in the first place.

Meanwhile, our trader is promoting another piece of crap
https://twitter.com/MdAnwar21203513/status/1268226767556349952
so no lessons learned here.

~

I think he lost Bitcoin as he told.Because he invested his all Bitcoin to buy Ethbull token.So if you indicates Ethbull token as Eth that will be wrong.

Well, thanks for pointing this
To be completely honest when he started mentioning Eth price as being 120$ I focused on that rather than the relation between ethbull/bear and Ethereum.

Anyhow, something good came out of this, I've found a newbie? that actually reads the topic, here is some merit for the effort.


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June 04, 2020, 01:03:31 PM
 #46

I'm really sorry you lost all your investments! But as others said, it's an expensive lesson that you have time to learn and come back from. Never trust anyone's advice blindly, always get the research to back it up, and cross reference across other sites and white papers so you can be sure it's the right move for you.
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June 04, 2020, 01:52:21 PM
 #47

This is a good lesson for all of us and believe me I have made my fair share of mistakes as well in the Bitcoin Space. Investing becasue you follow a Youtuber is a bit dodgy in my opinion and though I have a few very good quality influencers that I watch on a regular basis, I never invest because of what some Youtuber has to say about a project. I prefer to do my own due diligence. I also have been scammed by some crappy projects and lost BTC, that's why now I research hard before parting with any of my Bitcoin.


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June 04, 2020, 03:34:14 PM
Merited by stompix (1)
 #48

Well, the problem with these topics is that after 3-4 pages nobody gives a damn about the discussion and simply post whatever craps go into their head.
On the bright side, I think that the ones who could arrive at the same conclusion as we did wouldn't probably need this in the first place.

Meanwhile, our trader is promoting another piece of crap
https://twitter.com/MdAnwar21203513/status/1268226767556349952
so no lessons learned here.

Giving people 3-4 pages is some credit, the crap generally starts after the first 3/4 posts;)

To be fair, I think leaving up all these things are helpful. Can't tell how often doing DD on names and projects have old threads that show up from bitcointalk on Google, if it's mentioned well enough. Doesn't always worth though but now at least that Twitter handle should get some hits if someone looks it up. MdAnwar21203513 the guy who puts out shilly comments on Youtube after blaming another Youtuber for bad trading advice.

Every helpful piece helps, if your post causes even 1 person to look away from that account, I say that's a victory.

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June 04, 2020, 03:39:39 PM
 #49

What you did i think maximum investors also did at their early investing time in crypto market. Actually as crypto market is new to fiat investors so that they made mistake before understanding market. You should made invest with your own research and i think your moment can be learning point for another new investors. I also request to every investor please make your own research about that token in which you tried to invest.

Be happy.
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June 04, 2020, 03:51:44 PM
 #50

It's a wrong idea to invest in an asset because of what other people said because some YouTuber's statements are just for promotions. It's fine to base your decision but take it only as advice, not as your solution to your current struggles in the market. We have different opinions in cryptocurrency, take them as your guide and always apply risks on those guide said by the others, because sometimes those statements are produced by the hype of the asset. It's a lesson learned for you.
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June 04, 2020, 03:59:56 PM
 #51

                         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


The YouTubers always invest in the coin before making any video about it so as to get a profit when other people panic buy the coin that they suggested in the video. And in a huge number of cases if they are promoting any ICO then also there are high chances that they are in it for sale of profit like that from a referral link to that project so the more number of people invest in that project, higher is the amount of money they earn from that ICO.

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June 04, 2020, 04:03:23 PM
 #52

                         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
It's very sad, but it's indeed an important lesson to learn that in investments you should only rely on yourself. You should also know that the period of easy and successful investments into altcoins is over, so it's very risky to buy them now in the hope of profit, especially some tokens. Plus, if you want to experiment, why sell all of your BTC? You can sell a small amount and see how it goes first. But a question I have I what happened to that investment? Even tokens usually don't jump straight to zero. Were you able to salvage at least something by selling the token and buying BTC?

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June 04, 2020, 05:00:35 PM
 #53

This same BULL and Bear market made me double my $250 and made 100% on Binance before it was delisted. This leverage token is very volatile and that is the part of the reason binance delisted it although they later introduce a trading similar to it. Sorry for your loss but you could have made the same mistakes trading other coin as well. I currently trading this on Bitmax but I am a reserve trader. Just few profit is enough for me and I do not set big target for myself
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June 04, 2020, 08:39:27 PM
 #54

This is the fisrt time I hear about this token. Damn! This thing went from about 40 USD to less than 1 USD in 2 months. What as shitcoin.
Whoever bought that thing lost 90% of their money very fast.

I can't believe people are still falling for new bitconnects.

A question for OP: You see a new coin lose 75% of value in 3 days (16-19 March) what do you do? Hold? Grin
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June 05, 2020, 12:29:34 AM
 #55

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.

Well its a very expensive lesson, but its a very valuable lesson, dont believe in people opinion too much, if they are that good then they dont need to expose themselves, and in youtube people try to create controversy and all attraction, I have been lured a lot of time and the result was disappointing
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June 07, 2020, 11:51:55 PM
 #56

The best thing I ever learnt here was not to listen to others. It is strange because at the same time I say you should listen to others and be open that they might have better ideas then you. I say this to someone who plans to use logic though. Do not listen to those that have no sense or have no factual evidence to back something up. Rather pay attention but never fully listen to people who tell you to be careful and only do as they do if they feel it is right. Don't listen to someone who thinks they know a sure thing. Unless it really us a sure thing xP (I know it can be confusing) At the end of the day after all is heard and said you will need to make your own choice. Not the choice of others.
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June 08, 2020, 04:02:52 PM
 #57

                         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


for example There are newcomers to crypto, don't you just invest or trade, because everything is too big a risk, before investing in crypto you have to really be able to know a little about crypto, learn from others or you have friends who really know about crypto who want to give you insight, or you can learn to know in this forum, about trade and investment, as long as you are not lazy to read and want to ask here and there is an intention to study seriously, I am sure you will know a lot about crypto and of course course you will have your own speculations and predictions about altcoin price movements, follow your conscience and your desire to invest.

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June 08, 2020, 07:11:05 PM
 #58

...
    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.

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June 08, 2020, 07:24:17 PM
 #59

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.
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.

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June 08, 2020, 07:36:33 PM
 #60

snip..
    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.
 
one of the rules in investing is "do not to fully swallow someone else's invitation, use your feelings and analyze before investing".  I am sure your condition is very difficult to accept that mistake on the time but you must move forward from your mistake.  until now I will never be one hundred percent sure for people who say "this is a good investment, you will be rich in a short amount of time"..

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