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Author Topic: what is your worst loss in 2021 bull run  (Read 702 times)
redsun114
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February 24, 2021, 12:32:27 PM
 #61

Begining. I have profit of 1100$ then invested in bnb got huge profit , then invest on ico. then Huge loss. Total loss is 2500$ ....
Good thing that you have managed to recover the losses but really even when bull run or any kind of run is going on, investing in ICOs is like kicking away your coins and donating it to the ICO owners. I already stopped investing in ICO since an year or two and I don't know why there are guys still investing money because these investors not just losing money but they also encourage more and more scam ICOs.

I haven't faced any loss apart from selling XRP at cheaper price than I should have a few months ago when SEC saga happened and price was around 0.3 I had to sell my coins because I can't risk any further loss. But it wasn't too big a loss and I managed to earn much more on other coins in my portfolio so no regrets at all.

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February 24, 2021, 03:05:46 PM
 #62

Begining. I have profit of 1100$ then invested in bnb got huge profit , then invest on ico. then Huge loss. Total loss is 2500$ ....

Now covered... Thanks

This is bull run how can you possibly loss when all the coins are going up, you made a wrong decision investing in ICO, ICO are a thing of the past for me, it will take a lot of time before they can build their reputation and the price of their token, while if you invest on coins that are on the top 10 you are likley to make profit right away, it's always risky to invest in ICO.
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February 24, 2021, 07:16:07 PM
 #63

1. Sold 11 BTC @37k
2. Sold a lot of ethereum @1200

I think that i have lost a lot of money caused by this bullish trend as i have not able to sold my portfolio at the peak price but i have been making very good returns by participating in some legit icos like flow, injective, and many more. I have covered all of my losses from my short-term investment.
You are very lucky mate, selling bitcoin at $37k and Ethereum at $1200, and I want to believe that you bought both coins at a lower price than that, personally, I sold 24 Ethereum last year October at $350 dollar each, right now, I feel very bad each time I think about how much I would have made if only I was a little bit patient or I sold  quarter or half and left the rest, this is very big lesson to me and I know I will never make this kind of mistake again as long as I remain in crypto.

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February 24, 2021, 08:41:33 PM
 #64

for 2021 I didn't have as much loss as in the previous year because in 2021 I completely avoided ICO, my losses were when I bought SFP at $4.3 and immediately sold it at $3.6, but lucky enough I sold it because the current price is much lower. If I hold on until now, maybe I will suffer more losses
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February 24, 2021, 08:48:16 PM
 #65

for 2021 I didn't have as much loss as in the previous year because in 2021 I completely avoided ICO, my losses were when I bought SFP at $4.3 and immediately sold it at $3.6, but lucky enough I sold it because the current price is much lower. If I hold on until now, maybe I will suffer more losses
as if our suffering is the same buy SFP at the highest price and expect the price to go up even more but the opposite a sharp drop occurred
I bought it at $ 4 and I sold it at $ 3.2 Of course the losses occurred and I was lucky I didn't hold because the price is so low now

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February 25, 2021, 01:39:21 AM
 #66

My worst loss was not buying TWT when the price was $0.1, at that time I was going to buy it, but because I chose another coin I didn't buy TWT, and not long after that TWT was listed on Binance and the price went up to this day. and I bought TWT when it was $0.75 because I thought it was going to go up $1 and now it went down to $0.6  Cry
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February 25, 2021, 04:12:14 AM
 #67

you started really nicely because of that over 1k profit and it was like you predicted that the bnb are going to pump because you didnt hesitate of investing in it after your score big from your previous investment but your biggest fail is that why you bother investing in ico when we know that ico is already a bad choice over the years . your loss was over than your profit but how you recover your losses but i hope you did learned your lesson . just dont try risky things but better if you can stick on the things that make you gain .
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February 25, 2021, 04:19:15 AM
 #68

Begining. I have profit of 1100$ then invested in bnb got huge profit , then invest on ico. then Huge loss. Total loss is 2500$ ....

Now covered... Thanks
In which ICO did you participate? That you recovered in a short time. Unfortunately, my loss wasn't big because I sold some Bitcoin at 52K USD but I got scam by a P2P trade. Where my fault is big, but maybe I think I could recover. I didn't sell Ferrum network at 0.85 USD but the price will recover soon, so losses are zero.

how  you scamed by p to p trading? is it binance p to p?  i thought its safe
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February 25, 2021, 04:50:11 AM
 #69

I lost a lot in futures trading. when the bitcoin price was 38,000 $ I started short trading and got liquidity at the price 51,000 $, it was my careless thing that cost me money when the market was bull. actually I made a profit on uniswap Dex trading and it was back losing on futures. avoid this trade as the risk is quite high for now. I also suggest that if you are not ready to lose, it's better to avoid it

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February 25, 2021, 05:52:38 AM
 #70

I just regret not being able to sell Ethereum for $ 2000. even though I had targeted that price before, but due to the rapid rise in prices, and fear of a sudden dump, I chose to sell all of my Ethereum and start all over again this time. however, I also still make a profit, although not as much as when I sold at a high price.

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February 26, 2021, 05:04:32 AM
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Very often we are haunted by the fear of losing money. The best way to overcome this fear is to learn to suppress the urge to always be in a trade. Do not dwell on your past failures and losses.

Even if you have already lost your funds several times, you should not consider yourself a failure, just analyze your mistakes and try not to repeat them. Greed in itself is a bad quality, it can interfere not only in trade, but also in life. The most striking example is to miss a deposit in pursuit of a small income.
This is a mistake that newbies make all the time, they think they need to be trading in and out of the market all the time to make profits which is why they want to become day traders, and yet someone that makes just a few trades each year could be way more profitable than day traders and the best part is that he will pay very little in terms of fees and transaction costs and if you hold your position for long enough you could even avoid paying taxes legally.

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February 26, 2021, 05:43:15 AM
 #72

I just bought $ BAND and $ EOS on Binance, I got the info to buy those coins. However, only 2 days Bitcoin dumped and made all Alt coins dumped. This is the first time I have lost. I hope my assets recover and getting big profits.
Maybe you should hold and wait for the price to recover but I am not too positive about either of the 2 coins you mentioned.

My worst loss in 2021 bull-run was when I bought dogecoins at 8 cents each and thought it would be going 1 USD but the market was dumped and I had to sell my coins at 5 cents which was a really bad feeling because everyone else was making profits with the doge market and I like a fool bought at the worst possible time.

This is why I usually don't jump onto the hype train of these coins but for the first time I did under the Elon Musk influence and I paid with money for this.

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SATWAT
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February 26, 2021, 05:57:34 AM
 #73

Few days back I have few ethereum because price was going high so this give me some good intention I bought and jump into trading but this give me shock very badly because ethereum price crash badly and I lost very good amount on trading now feeling just hold is much better then trading because its need some good intention otherwise any one can lost funds very quickly like me.

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akirasendo17
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February 26, 2021, 06:12:42 AM
 #74

my worse loss is when I invest 100usd to a project, actually in the start, I have already a profit, but since I thought its a good project, I don't pull-out my investment,  or my capital then slowly the price slide down, at first I don't panic, when I found out its already too late my profit and capital goes down, I should have take the capital out, which I usually do.

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TheGreatPython
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February 27, 2021, 01:37:41 PM
 #75

I just bought $ BAND and $ EOS on Binance, I got the info to buy those coins. However, only 2 days Bitcoin dumped and made all Alt coins dumped. This is the first time I have lost. I hope my assets recover and getting big profits.

This is not the last of the loss that brought us the dump of bitcoin. As expected, the decline in the price of BTC was followed by an increase in dominance, which led to even greater losses for altcoins. Over the past day, positions worth $ 5.64 billion were liquidated, of which $2.5 billion was accounted for by Binance.
I think this last drop should not be considered a "loss" unless you sold it. I have "lost" some profits as well, if I sell them right now I would be in a loss (well only from profit) but I haven't, in fact I am planning on putting some more money in it instead, that would be easier to buy some more today, and sell later on, and I know that eventually we are going to have a lot more drops and I could buy even more if that happens, however I feel like this is just a correction.

We had a huuuuuge correction in January as well and we recovered and moved 2x after that, I feel like same could happen today as well, who knows what we are going to do, maybe we will be doing a lot better in a week? Maybe we will be 60k? So, it doesn't make sense to call it a loss right now, but it could be a loss if you sold it, or if you end up selling before it goes up higher.

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Lantind
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March 03, 2021, 08:31:33 AM
 #76

I just hodl btc and small bag of several alts. Everything in profit if we will calculate since 01.01.21
And how do you feel when you are lucky that way and have you had time to take advantage of it since 01.01.21?
because such benefits will not always be the same in the following years.
bitcoin_bob
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March 03, 2021, 12:45:27 PM
 #77

I dont have any losses because im not trading, hah. Thats simple
bryant.coleman
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March 03, 2021, 12:56:39 PM
 #78

I don't have many transactions in 2021, but made some mistakes in 2019 and 2020. I purchased a lot of BCH with my Bitcoin during that period. And unfortunately, the current BCH exchange rate (against BTC) is around 50% lower when compared to the rate with which I made my purchase. That was a big miscalculation from my part. Other mistake was the decision to sell 20% of my BTC in 2020. The average sale price was $8,000 to $10,000 per coin. If I had held on to the coins, then I would have received 5x to 6x more profit.
Lantind
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March 04, 2021, 06:24:05 AM
 #79

I dont have any losses because im not trading, hah. Thats simple
Yes, it's very simple, but you also won't get anything because you never tried anything in this world,
so are you going to stay like that forever by doing nothing?
avarnet
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March 04, 2021, 08:59:31 AM
 #80

I forgot to take the maximum profit of course because I thought the market would still move up but corrected and I sold it when the price had started to fall, to be honest it would be very difficult to sell when the market went up, the temptation to continue to get profit made me forget that
Many people are not able to get maximum profit in the bullrun this year. the reason is that I see the market now is very easy to switch when it comes to sentiment.
when we analyze based on the chart itself, we can't get maximum results. therefore now I also experience the same thing as you. sometimes wrong in making decisions.  especially if we look at the price
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