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Topic: Already lost 50% of my capital - page 24. (Read 7192 times)

member
Activity: 270
Merit: 10
February 13, 2018, 10:06:56 PM
Hello guys. I just want to ask for your opinion or an advice.
I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital  Sad. Some coins are still in hold.
I just want to ask what can you give to me an advice or any learnings  about trading. I'm using bittrex.

I started to trade around JULY 2018..
Got into 80% loss in 2-3 months ...Y?Huh
No proper understanding ...just following twitter,telegram accounts..

But now in less then 3 months i got all my investment back and have more then i thought  Smiley HOW ??

1st thing ..Close ur account in Bittrex my 1st 3 months almost i traded there ..

Make some time and go through ANN pages of new projects/coins study about them,Go to their history.. every thing is available on the internet..

Dont go behind pumped coins and much hyped coins...and 1st invest which u can afford loosing and have a backup for ur regular monthly commitments
 
hero member
Activity: 1036
Merit: 500
February 13, 2018, 09:55:02 PM
I am sure before you trade you would already know the risks that you will face if you are trading, one of which is losing money or your capital.
Apart from losing 50% of your capital, have you ever felt the benefits you gain from trading? My advice, you should still maintain your capital, do not lose 100% of your capital. By holding back the rest of your capital, I hope to recover the lost capital, because if the high bitcoin price returns, the lost capital you can get back.
Actually it depends on the amount of money you have, when you buy and collect your crypto, and of course what crypto do you HOLD it? If you've been holding for a long time, maybe that could happen and I can only give you advice to hold until you get profit. I myself also currently have lost a lot of capital when the price of Bitcoin decreases. But I'm sure that the price of Bitcoin will increase again later, so what I do is hold until I get the profit I want. I plan to hold until my target is met, I will hold and collect Bitcoin until my target is fulfilled. Given this rise and fall in prices, it may be difficult to collect Bitcoin. But I will not give up and try my best.
Well it is not considered as lost if the crypto coin is in your hand because we cannot really predict the movement of the price if it will rise, Maybe we should have a big patience because some of the losses is came from the person who's patience is really small and maybe it will not enough on waiting the right price to gain a huge amount of profit maybe they do panic selling that is why they experience losses.
full member
Activity: 294
Merit: 114
February 13, 2018, 08:44:43 PM
I am sure before you trade you would already know the risks that you will face if you are trading, one of which is losing money or your capital.
Apart from losing 50% of your capital, have you ever felt the benefits you gain from trading? My advice, you should still maintain your capital, do not lose 100% of your capital. By holding back the rest of your capital, I hope to recover the lost capital, because if the high bitcoin price returns, the lost capital you can get back.
Actually it depends on the amount of money you have, when you buy and collect your crypto, and of course what crypto do you HOLD it? If you've been holding for a long time, maybe that could happen and I can only give you advice to hold until you get profit. I myself also currently have lost a lot of capital when the price of Bitcoin decreases. But I'm sure that the price of Bitcoin will increase again later, so what I do is hold until I get the profit I want. I plan to hold until my target is met, I will hold and collect Bitcoin until my target is fulfilled. Given this rise and fall in prices, it may be difficult to collect Bitcoin. But I will not give up and try my best.
full member
Activity: 490
Merit: 100
February 13, 2018, 07:51:18 PM
Hello guys. I just want to ask for your opinion or an advice.
I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital  Sad. Some coins are still in hold.
I just want to ask what can you give to me an advice or any learnings  about trading. I'm using bittrex.
I am sure before you trade you would already know the risks that you will face if you are trading, one of which is losing money or your capital.
Apart from losing 50% of your capital, have you ever felt the benefits you gain from trading?

My advice, you should still maintain your capital, do not lose 100% of your capital.
By holding back the rest of your capital, I hope to recover the lost capital, because if the high bitcoin price returns, the lost capital you can get back.
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
February 13, 2018, 07:18:51 PM
Well, since you have opened this thread in late november 2017, if you were holding coins in those days you should have got all your lost 50% back during the december rallies. Which should have taught you that perhaps you should avoid to trade, make yourself a portfolio and just hold Smiley

You would think that but most newbies are very emotional. And they either sold way too early before the December spike or they panic sold last week at $6K.

Basically most people I know bought at $19k and sold at $6k and are calling BTC and other cryptos big scams .
newbie
Activity: 224
Merit: 0
February 13, 2018, 07:14:09 PM
Well, since you have opened this thread in late november 2017, if you were holding coins in those days you should have got all your lost 50% back during the december rallies. Which should have taught you that perhaps you should avoid to trade, make yourself a portfolio and just hold Smiley
In December 2017, the bitcoin price rose to $ 20,000, while you bought the bitcoin in May 2017. You should have earned a profit from the price difference at this point. I have the same opinion with you, based on the time of asking and the time of purchase, this question is not true. But if in the bitcoin investment that is a loss I think it should hold the bitcion. Wait for the price increase and then sell, bitcoin prices fluctuate high, we do not anticipate.  Roll Eyes Roll Eyes Roll Eyes
full member
Activity: 387
Merit: 106
February 13, 2018, 05:25:08 PM
Well, since you have opened this thread in late november 2017, if you were holding coins in those days you should have got all your lost 50% back during the december rallies. Which should have taught you that perhaps you should avoid to trade, make yourself a portfolio and just hold Smiley
sr. member
Activity: 1050
Merit: 251
February 11, 2018, 09:58:00 AM
I think you always have to believe in the coin you invest. Do your proper research before investing to gain more profit and then stuck to your investment untill you reach your desire profit or price of that specific coin.If you buy a good coin then it is not a loss unless you have sold the coins. I suggest you can lower the average price down by buying more stuff and keep the price a few back. But it all depends on what kind of currency you are trading.
Losing will only happen if you already sells it, if we easily sells it when price is too low and starts panicking then we should not hold hige amount, study tge coins you'll hold for you not to panic.

yes, it is better to still hold the coin than to get panic and sell the coin because we could still have another chance to see the price increase again in the other times. I think many of us still hold their coin because the price is still down and I think we need to wait until it increases back. but if you cannot wait and decide to sell your coin, you need to check how much your loses and think before you have a final decision to sell or not.

for me its pointless if you sell your coin then what will you do for the remaining 50% buy another coins? its the same matter the better way is to hold the coins and if you have extra cash buy support in the dip so could gain much profit when the market is back up.

Well, actually we have our own thoughts and strategy on how to deal possible situation. I would say, maybe the users need money critically and I think to have extra cash is not practical way to support. I believe that bitcoin will increase but the question is until when.
sr. member
Activity: 896
Merit: 253
February 11, 2018, 09:06:54 AM
I think you always have to believe in the coin you invest. Do your proper research before investing to gain more profit and then stuck to your investment untill you reach your desire profit or price of that specific coin.If you buy a good coin then it is not a loss unless you have sold the coins. I suggest you can lower the average price down by buying more stuff and keep the price a few back. But it all depends on what kind of currency you are trading.
Losing will only happen if you already sells it, if we easily sells it when price is too low and starts panicking then we should not hold hige amount, study tge coins you'll hold for you not to panic.

yes, it is better to still hold the coin than to get panic and sell the coin because we could still have another chance to see the price increase again in the other times. I think many of us still hold their coin because the price is still down and I think we need to wait until it increases back. but if you cannot wait and decide to sell your coin, you need to check how much your loses and think before you have a final decision to sell or not.

for me its pointless if you sell your coin then what will you do for the remaining 50% buy another coins? its the same matter the better way is to hold the coins and if you have extra cash buy support in the dip so could gain much profit when the market is back up.
hero member
Activity: 2912
Merit: 556
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February 11, 2018, 07:41:40 AM
I think you always have to believe in the coin you invest. Do your proper research before investing to gain more profit and then stuck to your investment untill you reach your desire profit or price of that specific coin.If you buy a good coin then it is not a loss unless you have sold the coins. I suggest you can lower the average price down by buying more stuff and keep the price a few back. But it all depends on what kind of currency you are trading.
Losing will only happen if you already sells it, if we easily sells it when price is too low and starts panicking then we should not hold hige amount, study tge coins you'll hold for you not to panic.

yes, it is better to still hold the coin than to get panic and sell the coin because we could still have another chance to see the price increase again in the other times. I think many of us still hold their coin because the price is still down and I think we need to wait until it increases back. but if you cannot wait and decide to sell your coin, you need to check how much your loses and think before you have a final decision to sell or not.
full member
Activity: 238
Merit: 112
February 11, 2018, 07:31:33 AM
Trading is a very risky thing. If you are not really into it, you'd better choose mining. It's way slower and less profitable, but it's a stable source of income with no risks. Only thing that is needed are investments in hardware, but you cannot lose them.
That's right, do not give up. You should know from the start that trading is a risky and difficult job. You must do analysis, research, price prediction of currency, and risk your money in every transaction you do. You know what? That every transaction you do has a risk. Every transaction you do always depends on things, that is profit and loss. different from a job like trading and selling an item, you would be able to profit on that. In the world of trading, profit and lose are common things and you have to get use to it. If you can not afford it, then do not trade and move on to investing. Because investment do not need a lot of effort.
jr. member
Activity: 92
Merit: 1
February 11, 2018, 06:11:16 AM
Trading is a very risky thing. If you are not really into it, you'd better choose mining. It's way slower and less profitable, but it's a stable source of income with no risks. Only thing that is needed are investments in hardware, but you cannot lose them.
member
Activity: 224
Merit: 11
February 11, 2018, 06:08:07 AM
Thank you everyone, I love reading your opinion/advice. Now I slowly recovering from the loss. Hope everyone will be brave and strong in term like this, like market is getting crushed everytime. We should know to make our own decision for our own good.
member
Activity: 252
Merit: 71
January 30, 2018, 03:43:29 AM
I think you always have to believe in the coin you invest. Do your proper research before investing to gain more profit and then stuck to your investment untill you reach your desire profit or price of that specific coin.If you buy a good coin then it is not a loss unless you have sold the coins. I suggest you can lower the average price down by buying more stuff and keep the price a few back. But it all depends on what kind of currency you are trading.
newbie
Activity: 110
Merit: 0
January 30, 2018, 03:29:22 AM
Well, in the meanwhile someone loses 50%, there are others that earn 100%!
This is trading: high rick, high opportunities.
If you don't like it, better invest in mutual funds...
hero member
Activity: 1414
Merit: 505
Backed.Finance
January 30, 2018, 03:27:13 AM
Trading is a very risky thing. If you are not really into it, you'd better choose mining. It's way slower and less profitable, but it's a stable source of income with no risks. Only thing that is needed are investments in hardware, but you cannot lose them.
trading is very risky. it is therefore advisable to trade using the money you are ready to lose. because if not sepwrti it. you will always be overshadowed by worry. it is worth it if you want to use mining as another option for you to get botcoin

I fully agree with you, because when you lose then its easy to move on if ever. Me too expereinced more then 50% losses, but I just hold and wait for I know the token I am holding has solid foundation and technology behind. If you  are not used with the market, you might lose further if you sell unless if you buy back on lower price that might happen.
member
Activity: 210
Merit: 10
January 30, 2018, 03:14:46 AM
In trading there are only 2 ways of analysis technical and fundamental. What are you selling? If you are rushing from one thing to another because of an emotional impulse, You will lose 50% or more. If there is news affecting the market, trade fundamental analysis, there is no news, according to the technique, it's simple
full member
Activity: 476
Merit: 100
January 30, 2018, 03:09:28 AM
Hello guys. I just want to ask for your opinion or an advice.
I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital  Sad. Some coins are still in hold.
I just want to ask what can you give to me an advice or any learnings  about trading. I'm using bittrex.



It's better to hold and I think that this time you have recover that 50% and gain a bit more if you just keep holding. And stay away from bittrex because I have a feeling that one day they will just vanish with all you coins.
hero member
Activity: 2912
Merit: 556
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January 06, 2018, 11:08:41 PM
Altcoin trading that paired with BTC really difficult because we should be analysis both price and should be full times to see the chart to know price action. By using stopp loss feature in Bittrex can be minimize the risk. Patient to get better price when buy any coin is one of the thing to make profit.

using stop-loss feature is one solution for us to minimize the risk but we still need to analyze how far the price will it decrease so we can cut loss our coin and avoid a big loss. sometimes I use this feature too but it is just if I feel that the price wants to go deep but in the other time, I do not use this feature because if the price is down, I can buy more so I can have the various price and I can sell it at a high price. but in your case, if you already lost 50% of your capital, then you have two option which is still held or cut loss your coins but not sell all of your coins because I am sure the price will be back to increase.
full member
Activity: 196
Merit: 100
January 06, 2018, 09:17:30 PM
Hello guys. I just want to ask for your opinion or an advice.
I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital  Sad. Some coins are still in hold.
I just want to ask what can you give to me an advice or any learnings  about trading. I'm using bittrex.
I also lost 80% of my capital after joining the crypto for 2 months. I also started with Bittrex. But I trade the whole capital loss. Currently I have gained some capital and interest. My experience is that if you have large capital, please trade on sites such as Bittrex, Poloniex ... If your capital is not large then you should trade on smaller sites like Cryptopia, Novaexchange, Coinexchange, Yobit, Hitbtc. These commercial pages have a small volume that is less affected by market fluctuations.

 if you trade any altcoin on hitbtc where the volume less than bittrex, i think the fluctuation is not different between both exchange.
If the altcoin is listed in both exchange then the fluctuation is the same. The price is not much different between exchanger.
If the fluctuation of the price between exchange is different, it will make the price range also different, so this is the time for trader to do arbitrage strategy then the price and fluctuation finally the same.
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