Topic: Can I Recover my loss of crypto on this platform? (Read 510 times)

Yes, I agree with you, I have been experienced a long time ago when don't have enough knowledge lost about $100 in 1 hour. I realized that trading for professional only. If awkward, a user will be lost his money without consciousness. If no basic knowledge, better to DCA and have time target when to sell it within a certain period, this is have been better than forced to sits on daily trading with few profit.

Your main mistake, like most beginners, is that they start trading without having enough knowledge and experience for this. Since the market does not tolerate amateurs, such trading will eventually end up with the loss of the deposit. Accordingly, the conclusion is obvious - it is necessary to gain knowledge before proceeding to practice.

Yes. Learn about the analytical and fundamental skills in the market, that way you will be aware on how to analyze the market well through considering the daily chart pattern that will be affected by its different market factors. Furthermore, deal with trading with more losses and few successful trades especially for newbies. Once you trade, you will surely encounter losses but that is normal as we all need mistakes and losses so we can learn from them and improve ourselves and be successful the next time we trade.

You don't have to come and learn about trading for you to gain all your loses you had in trading or cryptocurrency investment. Those that are making money from the market are doing that because they calm down and learn about the market to enable them to earn from the market. Cryptocurrency trading is very complex so it takes a lot of energy and steady research about the market for us to understand and trace very well. Dot come for trading with the scar of gaining all your loses. What about if you get in and finally keep losing again? What are you gong to do? Go back and go and learn and stay out of trading?

Cryptocurrency trading is meant for expert and not for people that are not good with the trading tools. You have to understand the basic and follow up the news to gain ground. Sorry for your lost. I also used my small knowledge on trading to test the crypto trading early this year and I lost about $300 then I came to the understanding that trading is not meant for me. I can only trade when I have learned enough to trade if not, I have to stop trading for now. For me, investment is better than trading.

It seems that you are making an investment through the hype and getting fear when the market of the bitcoin crash, ideal if you learn back again what are the basics of trading, knowing smart money concepts, learn how to trades with proper risk management and of course what's your plan to hold until when you will.
Base on my experience in understand first how does the market moves with the help of the technical analysis after that I make a plan to make an entry and how long I will hold those could be short or long at the end my goal is to gain profit. Keep learning more so you don't do the same mistake.

past mistakes will be a reminder not to repeat them again. trading experience will not always be bad, there will be some memorable experiences so that it becomes a motivation to continue learning and not to fall into the same mistakes again.
Experienced traders are not always profitable, they also have losses in the beginning and certainly have more experience of losing too, and to recover it all must learn how to read the market well and create new strategies for trading.

To put it another way, you need to understand the fundamental price concept of the cryptocurrency market and choose the right product (coin) that you're going to use to trade in order to make a profit or make up for your loss in cryptocurrency trading.
The following step is for you to start small and study risk management.

The answer to your question is obvious - you need to get theoretical knowledge. Having knowledge, you will need to gain experience, the acquisition of which will take several years of your life. During this time, you will lose your deposit several times. And if after that you still have the desire and will have money left, you can switch to profitable trading.

You seee, when I first read your topic sentence, i thought you actually lost your coins on a certain wallet that uhhh, you ain't got access to the keys anymore... honestly.
Welcome as a newbie. FIRST of all, you need to understand that everyone started like you...it wasn't easy; FR, cus it's never easy to pull through the whole process, but we came this far - we all DECIDED TO, so all you gotta build up now is that self determination/ esteem.
Secondly, you could make alot of bucks to HODL crypto and that, can as well be achieved - not just in here - but anyway else that supports the global coin. This can't be achieved with zero knowledge; you need to assimilate some decoded instructions in here; you gotta be mindful of the grand rule too, and - nothing is impossible from that spot.

Sandra 🧑‍🦰

No you can't, if you dont have a proper RISK MANAGEMENT, lets say since you are a beginner i will advise you to get your self a good mentor that will outline the honest truth about trading and its psychology behing it. because trading you see is not that simple or easy as you think it is because of lets say you watch some few TIKTOK OR YOUTUBE VIDEO'S out there. So buddy do the NEEDFUL and thank yourself later for the patience to take the bull by the horn.

As a newbie, learning from the forum is your stepping stone so you can easily conquer your future battles when you decide to invest or trade for real. That is to prepare yourself for long term so that once you trade, you already gained adequate knowledge and best working strategies which will pave way to win your trades in the market. If you are doing trading and make consistent profits, then probably you will regain your past losses in the long run.

Yes, you will definitely learn from this forum if you are highly determined to make it happen. That is by gaining maximum knowledge from the different post you are reading and even developing your own strategies in trading from the experiences shared by reputable traders. And it will not stop there, as you need to experience trading more in the market so that regardless if you still lose, at least you will learn from all your mistakes and not resort on doing the same mistakes again. That way, you’ll be honed to be a good trader and after few years of experience, you will start recovering what you have lose in trading before.

With trading, that will not guarantee secured profits no matter how knowledgeable you are as everything will still depend on the market behavior and if you are trading against it, most likely you will find it hard to gain the profits you expected. But I still suggest to study the forum and gain various insights from it because once you are highly knowledgeable and even more skilled in trading, it will lessen the risk of losing as you are also learning from your different experiences when trading. And soon enough, you will have the chances to regain what you have lost as long as you stay learning in the market.

The forum itself cannot guarantee that you will recover all your previous losses because even if you have acquired sufficient knowledge, that will never work completely unless you’ll gain experiences in trading which will help you to hone your skills and master your strategies when trading in the market. Hence, you will learn to correct your past mistakes and will avoid doing the same mistakes again because that will only lead to more losses if ever. However, learning from the forum is still very essential so you will be familiar with how trading works and how you’ll take an advantage on it.

At first I will welcome you for locating this platform and getting registered as a member. There are lots of things you stand learning about bitcoin and Crypto here.  You see, this platform is very vast with lots of experienced members who can help you out with possible information and recommendations.

I see you already identified with your local board. That is a good move because there you can be able to interact freely and ask questions as a newbie and they would be able to guide you through and give you the necessary updates and information you desire to know. Aside that, you too would need to do your own research here as to get information too because relying on someone's information might not really be able to cover you up completely. I would advise you to read through the pinned post of any board or thread you find yourself so that you will get information as well.

Lastly, for the trading aspect, I will advise you google on it using youtube videos to learn how to trade as there are lots of tutorial videos out there for trading. It would not cost you anything but just you downloading and watching the videos to get an insight on how to trade.
I believe others have given you more information and links to follow up with which would be of great help to you.

I don't get what you mean in your post, so first 'you lost some money on bitcoin trading', second 'you want to make up for your loss in here (bitcointalk.org), third 'you asking the rules and regulations in this platform'. Now, Bitcointalk is not exchange or trading platform it is a forum when you can learn about bitcoin and crypto, so you can't really make up for your trading loss in here. Fortunately, you can also learn about Bitcoin Trading in this forum, on this section Trading Discussion, then you can apply your knowledge to your future trading.

You need to study trading analysis more deeply to enter the market at the right time when the market is correcting. But suppose you want to invest in Bitcoin without trading it. In that case, you don't need to worry if the value of your investment is currently decreasing because later, the investment value will increase again.

I recommend you buy as much Bitcoin every week or month as you can afford so you don't worry too much about losing trades. Before starting trading, there is a lot to learn and it takes time to master. But that doesn't guarantee a profit because it depends on the timeliness of trading.

If you have bought Bitcoin at the current price and find that the price has dropped again, you don't need to worry and ajust keep holding on to the Bitcoin. And you can buy Bitcoin again at the bottom price while waiting for a price reversal so you can sell it later or keep waiting until the price increases very high and then sell it.

Yes thats right. Ive tried copying others strategy before and instead of gaining Im just incurring more loses. Of course assesment is important, and I do now what i think I could maximize my potential income in crypto. Not a heavy trader but more like a scalper or literally uses only few indicators. Im not well versed on deeper technical analysis like some pro but simple one can already help you win a trade if you at least knew how market would move.

First of all the prerequisite of trading is that you never engage in trading without understanding the market without knowing about trading. If you get involved in trading without already knowing about the market and if you have already suffered losses, you have no choice but to be patient. If your losses are high then hold the coin you traded for a long time. After a long time if the market goes up then you can recover your loss. And if you can't wait that long, you have to accept your loss. I think since you have already suffered, you should wait because the market may go up again.

Learn, Research, Apply.

I guess these 3 alone is enough for you to learn trading already. Now with your question, there are no ways to trade securely, and profitably with 100% win rate because even experts can't achieve that one. We are in a market where everything is unpredictable, and even those who are experts in Technical Analysis can't even predict the market with a high accuracy rate. Also take note that trading is for everyone, but not everyone can make profit thru trading. There will always be losers, and it happens that you're one of them. Try to learn, and research. You lost many times already? I guess you need to take a break first, make a decision whether you want to continue or not.

Rules and regulations? None. Just learn how to trade, and that's all.

Sometimes, letting go of your losses is the best way to move on. There are some traders out there who can't recover from their losses, try to trade more, and now they are losing more money. I'm not saying that it will happen to you as well, but also take note that sometimes stopping is the best way to go. Anyway, if you want knowledge, there are many sources online that can help you. It helped me a bit, and got some profit thru these resources online though I'm still not successful in trading, and still experiencing losses.

There’s no such thing as guaranteed profits when it comes to trading or even investing. Everything comes with risk of losing, so if you can’t manage the risk well and perform less, there’s always chances that you will lose more of your capital. However, if you try to be more worthy and decent trader this time and take learning trading more seriously and with bigger faith, then probably you will regain some of your losses in your previous trades. Trading is hard and complicated and so you need to exert a lot of effort to make it work and successful.

It is so important as you have mentioned strategy in your comments. So many traders and including some who call themselves professional traders do not know the importance of strategy.
Having a trading strategy does not mean that it will be so technical and very difficult to decode. Strategy in a layman's language could just mean what works for you. There are principles in trading which everybody will apply but at a time there are some certain ways you apply your own principle and it works for you.
Therefore what works for Mr A might not work for Mr B. So you should not expect any already made advice, learn how to trade and develop your own strategy.

As some colleagues stated before, my advice for you is to accept the loss and stop trading.

As I see it too, you are about to fall in the SUNK COST FALLACY. Please, do yourself a favour and educate yourself about this phenomenon before doing anything.

Trading is gambling, TA is pseudoscience and even most "professionals" don't have a clue of what they are doing, although the image they project and the speech that society believes is not that, because there are economic interests behind that lie.

If you want to continue with your fantasy, however, don't invest more than you are willing to lose, although I think that you already did it, so try to recover, but by other means rather than trading. Most members in this forum simply HODL, being well aware that even this is a very risky strategy too:

I understand that you lost money on trading, but you want to make up for your losses here?

I think this is not the right approach, if you lost money in trading, then you should take stock of the mistakes you made, evaluate the experience gained, and understand whether it is worth trading in the future or not. Perhaps if you can analyze all the mistakes, then in the future you will no longer make them. Trading is a complex occupation that requires a lot of knowledge and experience, it all does not come without losing money.

But if you decide that trading is not for you, then do not try to recover your losses here, rather try to figure out in which direction you would like to move and use the forum as a source of knowledge, since there is probably everything you need for this.

True. Never expect for profit consistency when you start trading since the market has always been unpredictable from the start which means there are times that even if you want to trade eagerly, the market will not favor your decision, hence you will end up losing if you pursue trading. However, experienced traders have developed their strategies so they can still make profits despite of the negative market response. But even so, losses are sometimes inevitable that even veterans in trading still cannot guarantee profitability all the time.

Crypto trading is very wide, it's not something you can get used to in a month, and it also depends on your level of understanding, you need a lot of trail to get better with trading and you need to get the right trading tools too, to limit your losses and increase your trading knowledge I suggest you trade using very small amount of money, until you are a better part of yourself then you can increase the amount you use for trading, start using Youtube, there are few teachers and pro traders on there that have courses and trading tools, I will advice you start your journey through them, and good luck.

To start with if anyone sends you a PM here or anywhere else, that they can help you trade or recover your losses; it's more likely they're scammers. Avoid such people. Those who are likely to help you on your quest are going to drop whatever comment or advice they've for you in the open.

That being said, now to this part of your post "...how to trade Securely and profitably?" You've to know that success in trading isn't a chance something. It comes with years of hardwork. Yes, it takes years of work. Anyone who thinks they can succeed at trading after a few weeks of work on it is only counting on luck. Such luck doesn't last before it throws them into gargantuan losses. Again for whatsoever you do, don't aim to take revenge n the market to regain all you've lost. It's a gradual process of winnings before that will happen. If you rush to take revenge, the market will most certainly discipline you again and again. Go to YouTube and watch those trading and how they're doing it.

they have misconception when they got into this market, because, they thought it is easy to earn high profits. if you are new to this market, start small and start with btc or other top alts. you will understand the market behaviour if you will start from the basics. don't worry about earning small, that's when you will build your trading foundation. the simple rule in trading is buy low, sell high. however, when you try to apply this, quite not easy as you have no idea where will the market is heading to.

Some beginner quite often comes up with the same question - it's about how to become successful from trading. While I think they just have a lot to learn from multiple sources rather than expecting generic advice from user experience. Beginners should wake up and find solutions to their own problems - but if you're interested in discussing and interacting here, I welcome you.

You have to be prepared for all the risks of trading - after all it is difficult to make a consistent profit from them. So if you intend to make consistent profits trading, then change your mindset. There are too many risks for you to consider - so don't be greedy.

To recover a lost in trading is something I see that will be difficult unless you find your way to learn more about trading and ensure that those mistakes that made you to lose your fund's during the previous trading has been correct, so learning is the primary thing we should do to correct all our previous mistakes. But in the aspect  having in mind to recover trade without correcting your mistakes

First, Welcome to the forum.


You can check this guide by Investopedia: https://www.investopedia.com/articles/trading/10/top-ten-rules-for-trading.asp

Listing it here so that you don't need to go outside the forum:

Top 10 Rules for Successful Trading

• Rule 1: Always Use a Trading Plan
• Rule 2: Treat Trading Like a Business
• Rule 3: Use Technology to Your Advantage
• Rule 4: Protect Your Trading Capital
• Rule 5: Become a Student of the Markets
• Rule 6: Risk Only What You Can Afford to Lose
• Rule 7: Develop a Methodology Based on Facts
• Rule 8: Always Use a Stop Loss
• Rule 9: Know When to Stop Trading
• Rule 10: Keep Trading in Perspective

You can click the link above if you wanted to learn more about these rules.

Welcome to the forum, just as your friends recommended, you are going to learn in this forum here but make sure you go through the rules and regulations of the forum first so that you wont go against it. I don't know how you are planning to recover your loss, but no one is going to give you money on this forum, the highest that can happen is that, you will be able to learn freely about trading on the forum here, which you can put into practice, when you already understand what trading is about and you are a professional, then you will be able to recover back all the money you lost. That's the only way you can recover your money back, or maybe you if you are ready to work on the forum here, then you can be making money.

• Always keep your emotions in check.
• Invest only what you can afford to lose.
• Always stick to a known strategy until you fully know how it works for you, then you can practice other strategies. Let's say we have about a dozen strategies and you don't know how to use them at all. Just go with one first, master that one until you know how it works, and then try the others, one after another. For example, if you try strategy A and think it's not working, then you jump to strategy B (Don't be like that). Be calm and learn any strategy you've got first.
• I would say you should not be too expectant of quick profit. Also, trade with a small amount until you know the number of successful trades you can make, then you can top up your capital because you will definitely be confident in your skill and have the possibility of making a profit in the trade you are going to open.
• Trade on a platform that is easier to use, not some kind of sophisticated platform.

 
I hope it helps.



Cheers 🥂, Dr.Bitcoin_Strange 👺👺

Making profit from trading (and not losing money) does not depend on the platform you are using, assuming the exchange you use is not a scammy one. Trading is about experience in reading the market correctly and acting wisely at the correct time. For example when you are trading altcoins it is of utmost importance to know when to enter (buy the altcoin) and when to exit (dump the altcoin). In almost all cases where people lost money in altcoin market, they bought the coin but could never decide on when to dump it so they end up bag holding it and losing money in the process.

Such experience is only acquired through lots of analysis of the market and figuring out what makes altcoins pump and when they get dumped.

You are welcome to this Forum. For not only you every users must follow rules and regulations of this forum and it's quite easy to maintain. Kindly read this to know a few :

1. Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ
2. Newbies - Read before posting

Let's discuss about your issue. Did you lose in future trading? If yes then you must remember that future trading isn't for beginners or it's only for experts. It's suggested to use low leverage in every trading to be safe in trading. And always have to set stop loss to reduce your loses. So to trade securely and profitably you have to do trade by doing research and must have trading strategy and risk management. It will help you to simplify your every trades.

I will have to say that you have started trading before now according to your statement and the difference is that you were losing money and now you what to eradicate or curtail your losses.
1. You can only curtail your losses but you cannot totally eliminate it.
2. You have to manage somethings yourself, such as emotion, greed and impatience.
3. The above listed things in number 2 can still you lose trade even if you are a professional trader.
4. Learn how to trade real and not depend on signals.

Please spend some time on the forum and learn as much as possible to avoid making same mistakes in trading again.
And no matter what you do, make sure not to indulge in revenge-trading (don't try to over-trade in order to win back the money you lost).

I deduce from this post that you're looking for a way to trade without incurring losses, that's basically not possible, no matter how skilled or experienced you are in crypto trading, there is always the possibility of you incurring losses. If any platform or individual promises to trade for you with assurance of profit/fixed returns, it is a scam and you should steer clear.
This is the unofficial rules of the forum: https://bitcointalksearch.org/topic/unofficial-list-of-official-bitcointalkorg-rules-guidelines-faq-703657, mind you that the knowledge you'll garner here is of Bitcoin and other whatnots, and not to help to trade without losses or to recover what you have lost previously to trading, because it is not possible.

Trading means a good combination of knowledge, flair, luck and strong balls. Trading is not guaranteed to ensure winning / earning.
This being said and from this post of yours, sadly, I would conclude that trading is not for you. But no worries, there are few who have all it needs for being successful traders. If you do have money you afford to lose (or at least have it locked for long time) you may consider just holding bitcoin for a number of years (5, maybe even 10, for a start). However, dyor and decide for yourself whether you want to spend or not.

Sincerely, I have no idea how skilled you maybe in terms of trading, but I will state that you have lost money on numerous occasions because you don't good skills of trading. I may readily determine that you still require more knowledge and training in term of trading. Despite the fact that many traders always complain that trading is difficult due to the danger it entails, I think if someone has sufficient knowledge of trading and good abilities, he or she will be getting good profits from it and may not be facing many losses. However, I doubt anyone on this site can guarantee you that you will recovered your losses because there is no guarantee in the cryptocurrency sector. All I can say is that your knowledge is the foundation for assurance in the cryptocurrency industry.

Welcome to this platform.Few years is not enough time to trade in crypto.Trading is a complex and risky way to get profit from crypto platform.There is no way to get profit from crypto without risk.since you are new trader so you should learn many things from this platform and skip trading few months, invest money in bitcoin and hold long-time and another time you learn from here and also YouTube. Discus your problem with successful, experience trader and gradually recover your loss with time.

Sounds like a guaranteed advise you want there? From your words securely and profitable thats depend on your knowledge. No one is safe from a loss no matter how good trader you are and there are some point that you will likely experience some losses and down too. But guess what? Its normal cause everybody make mistakes. Things you need to lessen those are confident and avoid greediness cause thats what really happened to some people.

You are on two unfavorable sides. First, you are new to Cryptocurrency in the last few years, secondly, trading in Cryptocurrency requires in-depth knowledge to study the coins you are trading. Cryptocurrency trading is like a double-edged sword, profits and losses are limited only by market conditions.
I don't know what coins you bought that made you lose many times in Cryptocurrency trading, try Buy Bitcoin then save it until the specified time limit, you will receive great benefits when Bitcoin is at a high price.

If you are a beginner, the best place to start is by learning about Bitcoin. If you have patience, then investing in it will allow you to recoup your losses over time. Do not trust altcoins, and of course, use DCA. On one topic, it makes no sense to describe all the advantages of Bitcoin. The forum is all about learning, so be patient and slowly start reading step by step.
What you lose in trading is a typical phenomenon for beginners who want to make a quick profit, but alas, trading is a very risky business.

Thank you so much Sir for your kind suggestions and for Sharing a helpful content link I am reading the rules and guidelines that you mentioned and I will follow them and will try to watch out for the trading videos that help to get my recovery loss. Also, I'm learning from it and this platform. Is Bitcoin a good investment rather than trading gold currency on Forex and What is dca in Bitcoin is it help to get Recover my Loss and hope it gives a profit if I invest it in longTerm?

Thank you for joining the forum.

The forum is for discussion, not for recovering cryptocurrency losses; nonetheless, you can learn from your mistakes and gain more understanding about it.

Crypto trading is risky; you participate with the level of risk and funds you are willing to work with, and you accept that loss is an unavoidable possibility. There are no assurances while working in the financial markets since they do what they do and you have no control over them except to decide how much money you want to risk.
Profit is a reward for making good decisions.

Keep in mind that cryptocurrency trading carries a high amount of risk, and you should always be prepared to lose money. Before investing in the cryptocurrency market, you should carefully assess your risk tolerance and financial goals.

First of all, Welcome to Bitcointalk first read the forum rules and guidelines and follow them that will help you Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ
there is no guarantee to Recover your loss in trading but You will learn so much from there. As a beginner avoid trading without knowledge and Experience. First, learn from reading articles and books and also watching Videos from YouTube Andreas Antonopoulos Follow this link and you will learn a lot. Simple thing trade in Bitcoin according to Dca and hold it for the long term you will get a profit. But only invest the money in trading that you are not afraid to Lose.

1. Don't use leverage
2. Only trade using a small size
3. Expect a lot of losses early on



I doubt that there are actual great traders here. With trading, you're pretty much going against full-time quants and analysts — hence why I never recommend trading to anyone lol. Investing is more positive-sum, while trading is a zero-sum game.

This forum cannot refund your losses. If you intend to develop your trading skills to become a better trader, it all depends on how interested you are in reading and following discussions related to trading. you can follow the trading board.
try to find a topic you want to study, if not there you can create a thread for questions or just share information.
welcome to the forum.

You're welcome to bitcointalk but note that being a member of this community doesn't guarantee you recovery your losses to trading. Yes there are lots of resources and informations from the forum that can be beneficial to you in developing your trading skills and more. But I'll also add that you do also make use of trading videos on YouTube as they could be supportive too.
Don't forget to always risk only amount of money you are willing to lose.

Cryptocurrency trading is not suitable for everyone and if you have been trading cryptocurrency in the last few years but got losses, it is not suitable for you with personal characteristics you have.

Stop trading is my advice for you. What to do if you stop trading?

Invest your money in Bitcoin and hold it, don't trade.

Change yourself to be a Bitcoin investor, don't trade.

When you are a Bitcoin investor, DCA (Dollar Cost Averaging) is a good strategy.
https://dcabtc.com/

Hay, I am New here and know about Bitcoin for the last few years but I lost many times in crypto trading. So my question is that how to trade Securely and profitably? And what are the rules and regulations for me that must follow this platform recommended some close ones will say you will learn from this platform so much and I hope to recover from the loss and get a lot of benefits and knowledge gain that is why I am very excited to hear.