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Author Topic: what is your worst loss in 2021 bull run  (Read 702 times)
abel1337
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February 21, 2021, 09:23:03 PM
 #21

Sold my bitcoins @28k @32k @38k @40k and I only now have a decimal amount of bitcoin in my possession. It's my plan and I don't think I can consider it as a loss. I just didn't expect that bitcoin will reach its current price point. I also lose a few dollars in trading in futures, I tried few experiments on futures trading, and cost me a few dollars.
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February 21, 2021, 09:37:38 PM
 #22

Normally, the bullish market is always the season for every cryptocurrency traders and investors to make up for their casualties and any crypto trader or investor that experiences loss is specifically greedy or wholly lacks reasonable knowledge about crypto investment as a whole which I believe is the situation of the OP cause it does not seems right to invest in the good long-existing project, sell it and invest in ICO project which it future stance in terms of success is still not sure.

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February 22, 2021, 05:23:01 AM
 #23

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

I sympathize with the losses you experienced, that's a big loss in my opinion. I hope that in the future you will reap the benefits. This year I also lost on Cardano. but not in large quantities, just a little

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February 22, 2021, 06:04:41 AM
 #24

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

Not a loss due to a mismanagement of my BTCs but I think my whole experience of converting/selling my BTCs to fiat from 2018 to 2021.

I checked my blockchain record and I noticed that the total number of BTCs I received ever since I joined this forum amounted to around 0.5 BTCs, which all came from campaign signatures. Back in 2018, I sold them to purchase books and materials for my studies. Others, I gambled some portion of them when the price was below $7,000. If I just saved and HODL them, I would have accumulated around $27,000 from now.

That is why, folks, HODL your bitcoins and sell them to a comfortable price!

R


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ice18
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February 22, 2021, 06:44:58 AM
 #25

Sold 7 BNB @$25 last December
Sold 3700 twt @$0.05
Sold 30k RBC rubic at $0.0053
But I will not think this as worst loss its just I sold it too early with less profit than current price now especially in RBC which blown my mind when I checked this month the price goes parabolic and its just give me a lesson to stick to my plans and don't panic at dip just hodl. 

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February 22, 2021, 06:46:47 AM
 #26

Sold 7 BNB @$25 last December
Sold 3700 twt @$0.05
Sold 30k RBC rubic at $0.0053
But I will not think this as worst loss its just I sold it too early with less profit than current price now especially in RBC which blown my mind when I checked this month the price goes parabolic and its just give me a lesson to stick to my plans and don't panic at dip just hodl. 


"don't panic at dip just hodl. " admire these words

we all need universal power and cyclist of Everything
-2023 would most likely be as bearish as 2022-
=BTC will make it, but might be a long winter=

Stronger the storm, brighter the rainbow
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February 22, 2021, 08:14:15 AM
 #27

I sold my 1,57,000 JRT coins at the rate of just .01 cent per coin when it is listed now it is around 20 cent per coin a very huge loss for me apart from this I sold almost 25 Ethereum last year at the rate of an average of 183$ per coin a big blunder by me so far. Whenever I think I get frustrated this market-tested my patience and I failed in it. So my advice to all as well If I keep patience certainly in my country I will be financially free for next 10-20 years but I am repenting and things can not be changed that has been done.

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February 22, 2021, 08:20:57 AM
 #28

There were some cryptocurrencies in which I invested at the beginning of this year and these cryptocurrencies, after my investments, almost immediately began to fall and I lose a lot of money on this, of course, I still sold some Ethereum in early January, but I could wait a little until yesterday and I would sell Ethereum at the best price, but nothing can be done about it, because these are cryptocurrencies, they can either start to rise in price or start to fall at any time.
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February 22, 2021, 08:23:59 AM
 #29

Hope it counts (as I found this info in 2021) for this topic.

Participated in bounty in 2018 and after saw they asked to pre-register on their platform, I almost immediately mark them as "scam and wasted time, forgot about them". Previous weekend found out they have opened a form for a "pre-registered" users for reward withdrawal, token is being traded. If back in past I wont be that lazy, today I would have been $4000+ richer. Just checked token price right now - almost $5000 richer.

R


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robelneo
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February 22, 2021, 09:05:38 AM
 #30

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

You did not name the ICO, but it's not profitable investing in ICO anymore, it was a big gamble, it was a costly mistake investing in a new project when obviously all the profits will come from top coins in the market, I would not even think of risking investing in ICO even in the time of bull run it's a newbie mistake, you could have opted for IEO rather ICO which is risky, it's a hard lesson to learn.


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CuriousGeorge
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February 22, 2021, 09:16:32 AM
 #31

The majority of my loses were coming from sold my asset too early. I guess i have been holding various tokens from the old bounties and the majority of these tokens have become successful project right now.
I lost at least 100k or even more from selling some of my assets too early. I hope that i will not do that again because i can buy 2 tesla with 100k USD lol.  Cheesy

Im still holding various assets right now.

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February 22, 2021, 09:28:55 AM
 #32

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

I didn't lose any money yet this year. So far all my coins are still free. The only thing I see as potential loss is not buying bitcoins in December last year. My plan was to put my Christmas money into bitcoins but then I got scared of prices around 30,000 USD. And now we are close to 60,000 USD.
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February 22, 2021, 10:54:25 AM
 #33

I made a quick sale when Ethereum was $1,400, but I didn't lose, it's just that I was a little sorry for being too hasty to make a profit. On the other hand, I've been holding Ethereum since it was priced at $450 in 2019 and set a target of $1,200. and that includes having crossed the targets I set before, this bull market made me profitable.


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aioc
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February 22, 2021, 11:34:38 AM
 #34

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

Sad to read your post, just when everyone is posting their income and profit, you lose big money from investing in a new coin, but you can still make a profit there are coins that are about to reach and break their all-time high, ignore these new coins from ICO, concentrate on a more established coin in the market, they are first to go to the moon.

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February 22, 2021, 11:49:16 AM
 #35

Half bread is better than none, selling bitcoin or ethereum at lower price than what they are worth today shouldn't be considered a loss, you sold because you are satisfied with what you got at that time, real loss is when you lost something without making anything out of it
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February 22, 2021, 11:55:21 AM
 #36

sorry for your loss, next time be more careful and don't be easily attracted by a project that offers you a thousand times the wealth, especially if it includes a new ICO project. for me personally this year is a lucky year, where i get a lot of profit from investment in top coins.

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February 22, 2021, 12:04:41 PM
 #37

I gain profit in the coins I hold for 3 years already. I waited that long for a nice pump to come but I sold all my coins at an early stage of this bullrun. Now the price climb up and I have this regrets of selling too early.

Well it happened already, im still thankful that I gain profit and be contented to what I earned because I didnt sell at loss.

Its a good reason to move on and focus to my next plan.

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February 22, 2021, 12:25:36 PM
 #38

In any investment, we will get two option, profit or loss. We can not always make a profit with the investment, but if we lose, we can back to profit again someday. If you lose and become sad and not trying to recover, you will not have a chance to recover your losses, and even you will get another loss. You should use your losses as your mistake, and still trying hard and believe that you can recover your losses. You are not alone in getting losses because many people also have the same experience as you, even though they got a big loss. The different is, can we rise again after we got the losses?

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Stedsm
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February 22, 2021, 12:26:53 PM
 #39

Lol, what a long story short kinda OP.
Anyway, those who thought that BTC already reached a new ATH and will probably drop down hard and tried to short it, are the ones who may have lost the worst in this big bull run. I believe there's one coin which didn't perform when I expected it to and so, I lost almost all my capital in it as it was a leverage trade and I bet that there will be more such stories about leveraging losses than the spot trades.

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slaman29
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February 22, 2021, 04:02:48 PM
 #40

Not counting my loss in 2021 yet, but I had wish I entered the year with more Bitcoin, and with the price making high thousands of dollars seem ordinary, I think I would hold, on ethereum was a coin I missed out on, I was that close to getting some but got cold feet, still no alt-coin yet for me, generally me not get ethereum is my considerable loss so far in 2021.

I haven't made losses since 2017. Learnt my lesson very well and the only thing I lose now is when I gamble. Terrible I know, but that's always what happens to me regardless of whether I was in crypto or not:)

I mean, any losses I have now is just price. I still have the same crypto I have as 2017 and keep adding. Other than what I sell to pay for normal living expenses.

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