An Unforgettable Day In my Crypto world

[taufik123]

As you mentioned your son are interested about crypto on 2013, if he just avoid all shitcoins and only invest on Bitcoin... you would achieve financial freedom since the Bitcoin ROI is 31833.22%. It was a tough lesson for you and also your son, you can't change the past, but you still can change the future. If you still interested with crypto, just invest in Bitcoin. Diversify is a good idea too, but don't diversify too shitcoins instead real estate, precious metal etc.

Incredible when looking at the ROI of 2013 to date, 31833.22% is a remarkable increase. But his son could not manage his investment in bitcoin, so he panicked and sold everything at a low price.

i even 2013 still don't know bitcoin don't even know cryptocurrency.
this is the importance of doing long-term investments if you really believe in the coin, especially bitcoin, I'm sure there will still be many surprises in the future that bitcoin will give.

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[bitzizzix]

Fortunately, when I first got into the crypto world, I was only interested and focused on bitcoin because I was still hesitant to choose another coin.
but still through the twists and turns and regrets that occur and it will actually be a valuable lesson and experience for us to learn well and for improvement.
I understand how the OP feels, and that's how the crypto world has its ups and downs and also requires a strong mentality so that when we fall we can get back up. And it is also important for us to invest what we can afford to lose.
we all have different experiences and regrets in different ways, and it's all for us to keep learning and not give up until we master it and make good profits.

[tygeade]

When I'm new to this crypto sea,I wondered about many things that my boy shared who is a crypto marketer since 2013.He told about rise in value of all coins,trading,how altcoins played a role .I mesmirized seeing more than 1 crore he has in his pocket.His hardwork, his holdings finally went worthless because we lost everything in a single day owing to market crash the day we forced to cash out the holded money for a very emergency need. I lost my hope. My love towards crypto made me cry at last.we forced to pay debts.But Currently his hardwork again made me to get focused towards crypto ,also myself into it.I think a day comes I will share here again with an statement Crypto Saved My Life.

You can't "lose it all" in crypto, we are all aware of this right? You need to do leverage trading in order to lose it all. Bitcoin has been as high as it has ever been aside from the ATH we had a few months prior. This means that you can't really lose it all in crypto, unless you are investing into shitcoins, or investing in leverage trading which is already bad enough if you do not know what you are doing.

I have to say it is quite difficult to feel sorry for people who do not understand what crypto is all about and how you could be risking all of your money in that way. Just invest into bitcoin for example, especially if you are a newbie, and you will be fine.

[glendall]

sorry for what happened to you, your incident is the same as mine before, but this is a lesson and motivation for your life that saving in the form of crypto can help you when you are in trouble, make friends with people who understand crypto so that you will not get hit when you buy deceptive, so that the funds you spend can be controlled

[nurilham]

Crypto investment does not guarantee that we will make big profits like other people, but it does not mean that crypto investment is not profitable because some people can experience defeat or victory in the crypto world. that's why if we are not ready materially, emotionally or knowledgeable then don't rush to invest in crypto. study well first and start little by little. In investing in crypto, of course, we do expect profits, whether it's sooner or later, but don't forget the consequences. in the process there is the thing that goes smoothly and those that don't, it's just a matter of how we react to it and make it a lesson for the future.

[NicNacCoin]

When I'm new to this crypto sea,I wondered about many things that my boy shared who is a crypto marketer since 2013.He told about rise in value of all coins,trading,how altcoins played a role .I mesmirized seeing more than 1 crore he has in his pocket.His hardwork, his holdings finally went worthless because we lost everything in a single day owing to market crash the day we forced to cash out the holded money for a very emergency need. I lost my hope. My love towards crypto made me cry at last.we forced to pay debts.But Currently his hardwork again made me to get focused towards crypto ,also myself into it.I think a day comes I will share here again with an statement Crypto Saved My Life.

No one in this crypto world is successful. All I have seen so far is that no one has ever been successful in cryptocurrency.Many of us may know that by investing in something we can get a good percentage of profit from it.I have been holding the BNB since 2017. In the meantime, the BNB reached its peak in 2021, but I could not sell it.But whenever I need, I have to sell this BNB to meet my need.There is nothing to regret here that you may have sold your needs. People do everything they need to.If you work hard you will again be a successful person from this cryptocurrency.

[Bitstar_coin]

Reason why people lose money in crypto is mostly lack of patience. Some people want to make huge profit overnight base on what they read online.
Market crash does not mean it won't recover, selling when the market is down is not a good idea, I hope by now you have realised that and gain enough experience to do things differently this time.
Always remember to invest what you can afford to lose and learn to have patience.

[Scaterbrainn]

I’ll never forget the day when bitcoin crashed in 2019. I sold all my bitcoins in panic which I regret totay.

[Dunamisx]

his holdings finally went worthless because we lost everything in a single day owing to market crash the day we forced to cash out the holded money for a very emergency need

I think what you should blame is yourself here, you cant lost all your coins simply because of the crash in price, it can only reduce the worth amount and what i see to the mistake you did here is that after the crash you went ahead to trade and also run another loss and there has been need already in place demanding for the fund, so at the end you end up loosing after holding for a long time, this is your personal error with wrong timing and trading techniques.

But Currently his hardwork again made me to get focused towards crypto ,also myself into it.I think a day comes I will share here again with an statement Crypto Saved My Life.

Hopefully for you, you're not giving up which means you have learnt a lesson just in a hard way from your own mistakes and choose to move on, i will advise you to stick strictly on bitcoin and avoid any unrealistic projects and sh*t coins that have no future and don't be greedy enough in making profits, it takes time. i wish you a better experience at this second phase.

[Questat]

Sometimes we got dragged by being greedy, we think that if we are lucky today it will still stay until tomorrow. That was wrong and we don't have to carry this kind of mindset, we just to be fulfilling enough to earn a small profit but at least it was continuous.
It was not wrong to aim to earn more but in a situation like this, putting all of your money into a single trade is risky.
I suggest getting back to the old strategy you have used before, that I think was more effective than the new one. And I felt bad hearing that story.

[peter0425]

When I'm new to this crypto sea,I wondered about many things that my boy shared who is a crypto marketer since 2013.He told about rise in value of all coins,trading,how altcoins played a role .I mesmirized seeing more than 1 crore he has in his pocket.His hardwork, his holdings finally went worthless because we lost everything in a single day owing to market crash the day we forced to cash out the holded money for a very emergency need. I lost my hope. My love towards crypto made me cry at last.we forced to pay debts.But Currently his hardwork again made me to get focused towards crypto ,also myself into it.I think a day comes I will share here again with an statement Crypto Saved My Life.

trying to earn a merit? is this a fishing post? but sorry seems like no one cares about your created story , your account was created 4 years ago but your just active last month and one of your first post is this?

Being a beginner I'm not well versed in all activities related to forum.My moto is to gain maximum knowledge by reading variety of informations shared in the site.I wish to know more about wallet,how to invest,though invested whether it's safe or not. likely how to put a quality post.Adding links will it worth it like lots of doubts is been emerging as time pass by. Lacking knowledge initially is not remarkable instead without any efforts makes the thing noted.

Now tell us how come that you are a Beginner when you are already here 4 years ago?  and this gives me Hint that this post is intended to earn a merit but you fail .

[Cookdata]

......

There will always be a lesson learned if you invest money that is not yours into cryptocurrency, the lesson learned could either be good one that return a profit and you could pay back the loan or you a accrue loss that will eventually make you pay back the money owed by force. If you are new to crypto and you look deep into crypto and some of the past event increased in prices you have missed, you will want to get money by all means to start even if you are not equip at that moment.
You lack to two things(it is a common thing in crypto), you were impatient and you did bite yourself at the hand when you used money that is not yours to buy cryptocurrency. If you have used your own money and was patience, you would probably be at profit by now. Anyways, there is never I'm too late, buy as little as your money can afford and be patience next time.

[JohnBitCo]

Everyone has their own share of experience, the most essential aspect is to get up, dust yourself, move on and keep trying again using your experience as a lesson and guide. Mistakes are necessities of life.

Everyone has a different experience with crypto. Some people have become millionaires with bitcoins and they have totally changed their life.
However, there are people who have lost everything in crypto. However, we should not blame crypto for their loss. It is their lack of knowledge and greediness which make them lose their cryptocurrencies.
I hope whoever loses money in crypto should learn the lesson and acquire the necessary knowledge for investment and trading.
 

[LUCKMCFLY]

Reason why people lose money in crypto is mostly lack of patience. Some people want to make huge profit overnight base on what they read online.
Market crash does not mean it won't recover, selling when the market is down is not a good idea, I hope by now you have realised that and gain enough experience to do things differently this time.
Always remember to invest what you can afford to lose and learn to have patience.

I completely agree with your opinion, I think many of us have gone through that moment, where we have no patience and we get desperate, especially when we were somewhat new to this world, or maybe we are glued to the chart all day, with nothing else matter, and this is not the case, in the investment and in the speculation of the market, normalcy and patience must always be present.

There are people who are just like you say, they sell when the price is falling, but they don't go short or with leverage, and this is a way to win, at least some market speculators do it, the only ones who don't what the investors do, because they have another way of looking at the market, but mostly the market gives to be able to make money at any time, but with the right movement.