One mistake and l have lost all bitcoin

[Zackgeno96]

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.

These tokens are already on top now so very less chances of making good profit and it is always better to find the tokens that are about to rise in value as they can give you immense profit if you are lucky enough to find them.
Also for the OP, as you have lost big time in following other's advice, you should never follow what others say blindly and should always do your own research as what athers suggest have worked out for them, maybe it won't work out for you my man.

[Shasha80]

Crypto trading does have a high risk, so be careful when choosing coins. There are two mistakes you have made, the first is that you don't
do your research and analysis before buying ETHBull and ETHBear Tokens. Which two tokens are shitcoins, then the second mistake is too
trusting in other people's analysis. Both of these errors I also experienced, so my advice made this bad events become a valuable lesson
for you. So in the future you can avoid these mistakes and become a successful trader.

[angrybirdy]

That's why you should risk only the amount of money you are willing to risk. Also, the mistake that you are talking about is not because your investment was done at the behest of a certain Youtuber, you panicked and that is something that you should never do because it will make you stop making accurate decisions for your investment. 

[Igor.Pavlovich]

Many people lost their bitcoin. Experts say that about 25% of all issued bitcoins was lost. It is so simple to lose bitcoin.

[Sanugarid]

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.

Been there, done that and honestly I've never regretted investing on those projects because of the lesson they have thought me. What I learned is to dig deep the information behind those front pages they got, I bet most of the investors didn't read the entirety of the whitepaper that includes everything and you can easily notice on whitepaper whose work is just a copied paper, it's funny how whitepapers are very similar on scam projects now.

[peter0425]

                         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. 

At least now you already learn mistakes and never convert your ethereum investment to anything stupid project.

                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

Youtuber that you have just come across ?still entrusted your money?what a foolish action.

I will never do same stupidity mate.

[xSkylarx]

That's why you should risk only the amount of money you are willing to risk. Also, the mistake that you are talking about is not because your investment was done at the behest of a certain Youtuber, you panicked and that is something that you should never do because it will make you stop making accurate decisions for your investment. 

That youTuber still influenced his decision making him panic buy. As a newbie, I can't blame him because I've been there since I was new to this crypto world too. I get FOMOed and lose too much bitcoin that I can't even count how much I lose.

To the newbies out there, don't believe those youtubers or any person asking you to buy this coin because it will go up. There are just hyping the price waiting for them to sell their holdings. As many have always said DYOR.

[yazher]

You cannot use Youtube as your mean of a decision to invest in some project where you gonna lose something big if it's messed up like what you've experienced. Now let me tell you, almost everyone here had some bad experience like yours when they are new in this industry including me. That's why you need to reflect on some point and don't repeat the same mistake that you've made. That's how it goes here man, we need to learn a lot before making any moves on investing. reading such experience like this will make the others grow and not do what you did there. thanks for sharing it with us and hope that you can move on.

[Nhor1011]

 Don't rely your investment to others even in youtube. Also always remember the crypto sayings,invest only the amount that you can afford to lose so that you will not regret if ever you face some loses in investing. Also panic selling is always the way to loses so be a risky investors which not afraid on the downtrend of the crypto market. Don't stop investing because of your mistake instead use it as a challenged and stepping stone on your next steps. Also thank you for sharing your experience here because it could be a reminder and help for others to learn more before investing.

[Aish Aisa Khan]

This is a very expensive experience that happened with you buddy. I had also face a similar situation like you. Now I am very careful about this. Don't quit dear. Just handle the bad situation and keep going. Good wishes for your Future

[Reatim]

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

Lol if you invest in Bitcoin at middle of 2017 who says that is the bigger mistake?the price climb up to 20k so if you Bought at 10k in 3rd quarter surely in 4th quarter you already earn double before December ends.
And Bitcoin never been a bad investment it only depends on our capacity how to maintain and manage our investing.
the more we eager to earn is the more we are being panicked.so stop expecting fast instead learn to wait and patient.

[pawanjain]

This is not the first time when a person has lost money by following others' advice.
If you blindly trust a person then you will surely have to face the consequences.
If you don't do the research on your own, you will surely have to face the loses.
You should have atleast read a few threads on this forum before making such a mistake.
Anyway, you have suffered the loss and realized your mistake. Make sure you don't repeat it and take it as a positive experience.

[iTradeChips]

I have a friend, seriously not my story but this friend basically is more of a panicky type of person. This happened during the ATH of Bitcoin and crypto in late 2017. He got some ETH and he wants to sell it but the youtube guy says don't sell it cause it will go higher still. Then comes January 2018, big mistake he said that he did not wait for ETH to fall down farther so he sold with a little profit. I told him that is the nature of trading, you need to be very careful.

[Shohag123]

Before trading you must analysis the project and study about chart, project and team etc.Because if this things are good and strong then there is a great chance that project will be successful.

People often think that youtubers are great analysis thats why they blindly believe them and but the consequences of this investment affects only you not youtubers.

So never panic and never trade any coin hearing others advice. You study and invest and if fail then you can blame yourselves.And it will teach you a lot which will help you later

Okay in crypto it always happens.So Don'tbe sad.Move forward and stay with crypto.And Never invest  such coin which will give you hope that you will earn double triple etc in a short time.Because patience has its own reward and in cryptocurrency trading,patience is a must. 

[Savemore]

I have a friend, seriously not my story but this friend basically is more of a panicky type of person. This happened during the ATH of Bitcoin and crypto in late 2017. He got some ETH and he wants to sell it but the youtube guy says don't sell it cause it will go higher still. Then comes January 2018, big mistake he said that he did not wait for ETH to fall down farther so he sold with a little profit. I told him that is the nature of trading, you need to be very careful.

It is really sad and I think it is better if we will not do the same mistakes that he did. What I mean is we should not rely our decisions of others opinions. There are a lot of fake gurus out there that can lead us to do huge mistakes. It is really better if we are the one who will decide but make sure that we have enough foundation about the investment that we are doing or about thr coins that we holding. We can take profit in the right moment if we habe basic knowledge for sure.

[cheezcarls]

                         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

I understand how you feel, because I’ve felt the same way before when I made a bad decision in an opportunity where I lost some tokens too. However, we should learn to move on after losing a certain amount of money from those opportunities that aren’t promising at all.

On a brighter note, we’ve learned our lessons and make us better in decision-making if these kinds of unpromising opportunities are gonna knock through our doors again.

I have to be honest with you man. Way back before I’m getting serious in cryptocurrencies, I’ve already lost a lot of money because of careless decisions such as bank phishing scams, etc. My heart went drowning and it’s hard for me to accept that mistake. However, we can’t change the past anymore. Let’s just move on and focus in getting better of our lives, especially the decisions we have to succeed in the cryptocurrency and blockchain industry.

[Reatim]

It's very pity, but now you are smarter and want to learn others. If you listen Youtubers, than you should ask advice to another neat traders and decide. You may ask and read information also on different forums.

We can listen to YouTuber but we must not follow what they are saying just like that because if we does then expect losses from time to time.

There are so many ways to learn and earn here but first let us not becoming fool and stupid to just Buy everything people advises us.


OP had made a Mistake but i am sure he had already learn the lesson and now He will be more precise and directive and won't just buy Words from others.

In Short Stupidity is just part of past and we must not live unto this.

[bitcoinisbest]

I have a friend, seriously not my story but this friend basically is more of a panicky type of person. This happened during the ATH of Bitcoin and crypto in late 2017. He got some ETH and he wants to sell it but the youtube guy says don't sell it cause it will go higher still. Then comes January 2018, big mistake he said that he did not wait for ETH to fall down farther so he sold with a little profit. I told him that is the nature of trading, you need to be very careful.

The major problem is that people do not learn them self or do not want to do their own research and based on someone's video and any recommendation they blindly follow them. It is good to take advice and help to wider your horizon but one should be able to take a call by themselves and make their decision as in near future this will become experience and one would be self-reliant and will be able to buy/sell by them self.

[ChrisPop]

It's good that you shared this. It is part of the process of accepting and letting go of that mistake. Don't waste time thinking about the mistake. Just learn your lesson and move on. Remember that there are no free "pies" in this world. Always ask yourself - if I make 10%/day how comes that not all the people do it? Are you special (worked hard or have extensive knowledge on a subject) or is there something fishy in the middle?

[Blank-Head]

In this case I will not inculpate the YouTuber completely. Because they had provide some informations about Eth bull and bear token which is interesting and should be known by all. I think he also said that here is a high risk to invest bull and bear token. So my opinion is that before investment you should go through technical analysis to be sure about ETH price in future.
Or you must use stop loss as you are investing in leveraged token but you didn't do that. So practically you were unconscious about your investments.

So I will tell all others here not to be a gambler in Crypto trading. Always do proper analysis and make sure about your investments and always use stop loss to keep your funds safe if market crashes suddenly.

Hoping best for you mate.