One mistake and l have lost all bitcoin

[Ridwan Fauzi]

                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 often see another people strategy and even I join in some group which called as a signal pump and dump group in telegram, there are a lot of information given by the admin that they are will pump a certain coin.

So far the telegram group has given a profit to me, but when I get an information that they will pump a certain coin I'll check everything about the coin first. I try to find a bunch of information again the coin especially fundamental factor.

If there is a good information against the coin I'll buy the coin and hold as instructed by them. When the information is trully happen I'll use a trolling profit, it needs a more times to see the price movement but I always enjoyed it. My conclusion is you'll be find if you take another people intruction for your money with one note you are confident that you'll get profit and you have analyzed it by yourself.

[1715609412]

1715609412

[1715609412]

1715609412

[iv4n]

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.

And let's just add that proper analysis is not watching one youtuber and believing him with all of your money, it'w watching at least a few of them and then deciding what to do. It's the same with every other signal from telegram group, or some social network, you need to check and recheck if you don't wish to throw away your hard earned money. Sadly many people don't have time for that, they blindly believe in huge promises, and in most cases these people lose their capital. Some people learn from reading and studying, some people need to make a mistake and to learn only then.

[Leviathan.007]

Well, maybe it was a totally sad story for you in the place. But, in the other side of the story you learned a valuable lesson in this market. Even if you lost 10K usd or more, you didn't actually lose this money, you paid it to learn a lesson. Worth it or not that what you paid and what you got. Now it's you to decide use this experience for your future or not. About the YouTuber, I would suggest you to make decision yourself instead of inspiring from a random guy from YouTube. Because if you was wrong you actually paid for his mistakes and won't learn anything from it. Even if the adviser was right you just got some profit out of it without knowing how.

[The cure]

Thank you for sharing your depressing experience,these may serve to others as guidance to be more careful in investing or in trading. And i'm also hoping that you have learned from it, never trust so easily to others. make some research first before investing and putting your huge amount of money.Don't be greedy it will bring you disaster.

[CarnagexD]

This is why its important to have good orientation and education about the system before making investment, the possibility of scams and losses in the ecosystem is quite high,would suggest a platform where beginners would learn everything they need to know about bitcoin before throwing themselves into the system and having regrets on the long run

Do you think being enlightened on how bitcoin works in the market and in the system?

Most of the bitcoin holders are really not comprehending those knowledge that they acquire from watching videos, reading books, and advice from other professionals that's why they end up having huge losses. In bitcoin investment, you should be aware of those possibilities especially those risks that can ruin your assets.

If we know someone who are struggling in a bitcoin investment, don't hesitate to help them grow and learn so that we can minimize these kind of instances that they are losing their money due to ignorance.

[Amel]

There are very few people who work online but have not been caught by a scammer. You may encounter such problems when working with online currencies. Don't get too frustrated with these and move forward. That's happened to me and I spent the day in a very painful situation with it. It will be better if you learn from it and move forward.

[mace15]

It happens to me also investing in a certain coin and I have lost my capital. Lesson learned to do diligence  when investing in crypto. An eye opener to some that there is always a risks and always study first the project before putting money into it.

[mezzaluna]

Sadly, losing investments are really sad and scary because of the fact that it is lost and wont be replaced anytime soon. It is also suggested that to do not invest all your money into one project. There are many choices and all we have to do is choose wisely. We also need to at least be knowledgeable about the things that we are investing on because it would also help us to predict whether that platform would gain profit.

Losing Bitcoin will serve as a lesson to new users and teach them how to use them properly next time since we can do a lot of things with Bitcoin.

[Kong Hey Pakboy]

I think the lesson here is don't fomo and invest because it will mostly result to regrets, fomo is bad and can make you lose money if not very careful, when a project is already up in percentage it is not wise to invest at that time because the price can just make a reverse and you can lose money.

Fomo is bad in both trading and investing in cryptocurrency because you will only be driven by your emotions just to buy cryptocurrencies. I hope you have learned your lesson that you shouldn't be taken by your greed and follow others people's way. Sometimes it is better to trust your own guts, instead of following other people.

[vintages]

The moral of the lesson is to never completely believe anyone when it comes to investing. You have to do your personal research, consider the possible loss or gain before putting in your money. the Youtuber whom you followed his footstep might have gained from it, however somethings that favors one person may not favour the other.

Moreover, investment is all about taking risks.

[btc78]

                         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. 

obvious that Greed covers you right?you are being Blind of the promise profit not thinking that you are more safer in Bitcoin that these shitcoins.

I know it is hard but you have no reason to stay that feeling because this is only a Learn to experience thing.

                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

The question here is "Have you learn your lesson"?

then invest again but this time with trust and patience and never to be greedy looking for huge profit,Be contented in 10-20% income each trade.

[Mahanton]

                         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. 

obvious that Greed covers you right?you are being Blind of the promise profit not thinking that you are more safer in Bitcoin that these shitcoins.

I know it is hard but you have no reason to stay that feeling because this is only a Learn to experience thing.

                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

The question here is "Have you learn your lesson"?

then invest again but this time with trust and patience and never to be greedy looking for huge profit,Be contented in 10-20% income each trade.

10-20% is already big for each trade but this is way much more better and realistic compared if you do set out lines which is really hard to be achieved with this current market condition
when in talks in price movements.
When it comes to the situation being experienced by op where he do believe up into things that are not likely to happen. Yes, leverage can give you that but when listening up others calls
and suggestions then it isnt really that advisable.
Learning up a lesson doesnt necessarily for you to lose money but this had been always the case.

[taufik123]

Fomo is bad in both trading and investing in cryptocurrency because you will only be driven by your emotions just to buy cryptocurrencies. I hope you have learned your lesson that you shouldn't be taken by your greed and follow others people's way. Sometimes it is better to trust your own guts, instead of following other people.

Fomo is indeed very bad and will be very detrimental if we invest in coins with prices that are too high and then experience a drastic price reduction. this too I've felt. But the most important thing to reduce losses from FOMO is do not do Cut Loss and throw away money for nothing, it will only cut your losses. hold it better until the loss is reduced. Controlling emotions in trading or investing is one of the things that is difficult, greed will make the strategy to be destroyed. learn to stay calm, do your own research and not trust others' suggestions too much. You have to see who gives the advice, whether you already know this person as a professional in cryptocurrency or not. must choose the right mentor so you don't regret and lose all your bitcoins.

[Velkro]

  When I lost my entire BTC, I felt very bad, please do not do it.     

Thank you for sharing your story.
Its bad idea to get into not known projects claiming great things.
Bitcoin is true revolution, you think any other project created just after Bitcoin will be revolutionary? Internet was developed around 40 years ago? Bitcoin is first revolutionary technology after internet. Not many chances to people develope new revolutionary technology in next 20-30 years.

Think about it for a while.

[matchi2011]

  When I lost my entire BTC, I felt very bad, please do not do it.     

Thank you for sharing your story.
Its bad idea to get into not known projects claiming great things.
Bitcoin is true revolution, you think any other project created just after Bitcoin will be revolutionary? Internet was developed around 40 years ago? Bitcoin is first revolutionary technology after internet. Not many chances to people develope new revolutionary technology in next 20-30 years.

Think about it for a while.

Things will be settled after some years of existence, this revolutionary currency will receive more adoptions and once everyone
already accept and used this crpyot currency expect that market will grow and value will
be at the peak.

Regretting can do nothing now, unless you take another step to move forward and learned from the last time you've did.

[$crypto$]

Worst thing that can happen to you is buying a cion and hoping to hold but suddenly price will dump and you will be left confuse about what to do, according to your post, it seems you made a mistake of not selling while the price was up and now that price has dump hard you regret it, if you invested when price was $30 and it rose to $120 why didn't you sell and cash out? I think you have yourself to blame.

When there is an opportunity, you have to make the best use of it as much as possible. You have to take the opportunity because at the bottom of the day it is not certain that this will happen again, buying a lower coin and waiting for the high selling price is difficult, let alone waiting for the hype on the coin. like this will be a risk and will not get these benefits, if there is a small percentage for me it's an opportunity that we have to do as long as in the short term.
For the long term I'm really not sure about getting the best ROI.

[AjithBtc]

With cryptocurrency we don't know how exact will be the growth or the pattern of growth. It moves forward as well as downwards in no time. When we're investing our own money it is a must to research better and invest. If the investment was made upon our own, even a loss will be taken as a learning. When we go on someone's word and leads to loss it hurts a lot. By the time if we experience success out of the same we aren't gonna give the credit to the person who suggested it. This is the common mind of human. This way mistakes are common, we need to correct ourselves.

[Negotiation]

Most people make this mistake in crypto Before doing so you need to know the market well This misconception is also believed by many Especially those who don’t have much idea about Bitcoin and this whole cryptocurrency industry believe this misconception. Many of them think that the price of Bitcoin will continue to rise day by day. Will never decrease.

But this idea is completely wrong Bitcoin is not stable Bitcoin price changes every minute and accurately every 1/2 second But change does not mean that prices go up The price of Bitcoin may go up a lot tomorrow and the price may go down a little bit. Bitcoin prices are a lot like the stock market Then they invest more in greed and don't verify any site then they fall prey to scams and lose their bitcoin Correct your mistakes and analyze the market well.