I've lost around 8+ BTC in crypto. Why?

Because I was stupid enough to fall in love with a coin and result was not something I wanted. As much as I like the technology I also hate how some of the coins are so volatile. I was never a big fan of "trading" but to cover my loss I was left with no choice. Anyways, if you're losing money in crypto you can use this as guideline to make some money or cover your loss.


1.) Never fall in love with any crypto.

2.) Never buy at "Asking price"

3.)  If it's 3+ months old coin like SDC, BC, DRK. Monitor all time chart and get a feel of price movement of last 1 week.  For example: BC has been floating around 8-11k. If you put buy order at 8k it goes through within a day or two. Same goes for SDC it floats above 21k and if you put order below that price it goes through when it dips and then it returns back to 21k+

4.) If you're trading shitcoin don't risk more than you can afford and do not IN ANY CONDITION hold it for longer than 1 week. Again, lookout if it dip. NKMT was dipped to 30 sat and it returned back to normal. Most people panicked and those who had their buy orders ready doubled their money within 5 minutes.

5.) Spread. Coins that have maximum spread can get you more return as long as you put your order at BID price. SMBR had spread of 49% in the morning. Quick money was there for those who had their eyes opened. You should never buy at ASKING price EVER!


Do not take my advice as something hard coded. Use your own brain and experience. Do not get emotional and never try to fight the market because you can't. Some people might tell you "oh this coin is for long term don't worry about the dump" I say fck em. There are only handful of crypto that have been succesful and you can see their price don't go from 1 sat to 1000 sat within a week.

If anyone else have good advice. Feel free to share it. I think lot of traders and newbies can learn from us who have been here for years.

  Losses are hard to take sometimes but it teaches us hard earned lessons most of the time 

I do agree, never trade emotionally.

Buy the f******* dip! 

SDC, BC, LTC, DRK, NXT, URO

When I say "shitcoins" I don't mean if they're good or bad since that's not upto me to judge any coin. I'm specifically talking about volatility. If a coin jumps around from 1 sat to 150 sat within few hours I put it as shitcoin in my list and I trade it with extreme caution.

Anything that doesn't move at the speed of light and gives you little profit is not shit and majority of the time I'm just looking for dip so I can get in and take my profit when it goes back to its original position.

Here is an example of SDC which moves around 20k+ on average. If I see it dips to 19 I jump in

Buy low sell high.
Or just hold

I think thts pretty obvious. The Op wishes to know, how to know when it is low, and it will be High in the future.
THats the trick to trading with profit.

To make profit, you must have very good knowledge of all crypto market, and only then you can make the money 

It's not just knowledge but also down to sheer luck of the market. You could be very knowledgeable about all things crytpos but nobody can ever predict the market or when coins are going to be dumped. Sometimes the prices just tank for no apparent reason as well.

thanks for the tips. but i bought at the asking for a couple of times since the price is below of what i first bought the coin plus the thought of the coin of having a large potential

do you think holding for at least a year can make profit or the price of cryptos is to volatile to bet on a good coin?

im betting on vior ,sbit ,sdc

Those are good coins except sbit. I'm not quite sure about that one since it's still pretty new. If you can afford to keep it for a year then sure. Majority of the profit lies in holding good coins for long term

great tips here, be wise with your coins and don't ever invest what you can't afford to lose.