I went from $650 to $1100 in one night investing in bnb then it crashed all the way to $400. I got very tilted and gambled it trying to win my profits back but I ended up down to $250 and am very fucking tilted. I need to make my initial investment of $650 back or I will lose my mind. How difficult is it to go from $250 to $650? I'm guessing its gonna take a miracle.
if you plan to make money of altcoins for short-term, you must have the professional speculation skills and well informed, but most people didnt have, even worse, some gain profits for the whole market rise up and they think they are capable due to this 
Topic: How hard is it to make money of altcoins? (Read 1037 times)
I went from $650 to $1100 in one night investing in bnb then it crashed all the way to $400. I got very tilted and gambled it trying to win my profits back but I ended up down to $250 and am very fucking tilted. I need to make my initial investment of $650 back or I will lose my mind. How difficult is it to go from $250 to $650? I'm guessing its gonna take a miracle.
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Check this post about gunbot it seems to be a good investment to earn from by trading altcoins, many people support this bot and the algorithm is use can be applied manually.
In fact it is very difficult to make money but people think it is very easy here to make money but that's not true, everyone is just talking about losses not gains.
It's not hard at all. Just a few successful trades on LTC or ETC and you will start to beat your deposit! Be patient and careful!
I can only tell about my experience. I'm on the crypto market only about a year, and I managed to raise from 420$ to 2800$ at the moment. The most important thing is money management and a cool head in the calculations.
Different people have different strategies. A lot of people say the best time for trading alts is when bitcoin is stable, as this is often when alts get pumped because people can't make money on bitcoin movement. But you need to know where you are going to get out, don't get too greedy or else you can easily end up losing. I think it is generally best to sell whilst the coin is still going up, so long as you made a profit.
I went from $650 to $1100 in one night investing in bnb then it crashed all the way to $400. I got very tilted and gambled it trying to win my profits back but I ended up down to $250 and am very fucking tilted. I need to make my initial investment of $650 back or I will lose my mind. How difficult is it to go from $250 to $650? I'm guessing its gonna take a miracle.
I would recommend to split your investment between waves (it's only $3.8 now, can give you around 90% profit), dogecoin (it was worth twice as much not long ago, so a 100% profit), monero (around 40% profit) and litecoin (for 45% profit). Just don't panic, invest, set the prices of selling in advance (bittrex allows you to do so) and try to forget about all this for a month. I'm sure you'll return your money. Just don't invest in coins nobody knows, they can give you both high profit and fast loss of it. Good luck! If you want to gamble go for a casino.
Altcoin investing is for long term
Altcoin investing is for long term
This is the correct answer
I went from $650 to $1100 in one night investing in bnb then it crashed all the way to $400. I got very tilted and gambled it trying to win my profits back but I ended up down to $250 and am very fucking tilted. I need to make my initial investment of $650 back or I will lose my mind. How difficult is it to go from $250 to $650? I'm guessing its gonna take a miracle.
maybe because you greedy and you really need some miracle, lost / profit in trading sometime really hit our mental. after big lost i think you need rest and no need to get your capital back man 
I guess all depends on the coin, if it is innovative then you probably make some money
I went from $650 to $1100 in one night investing in bnb then it crashed all the way to $400. I got very tilted and gambled it trying to win my profits back but I ended up down to $250 and am very fucking tilted. I need to make my initial investment of $650 back or I will lose my mind. How difficult is it to go from $250 to $650? I'm guessing its gonna take a miracle.
Before when im newbie i don't understand what is the purpose of altcoin but im trying my best to search and understand it right now a little bit understanding.
Yes its hard to make money of altcoins need a patient and nice post, waiting if you are accepted or not. So that im trying my best giving always time.
If you want to gamble go for a casino.
Altcoin investing is for long term
Altcoin investing is for long term
I used to be like that, and I kept waiting for the next few months to come back up and of course it did not always rise again. It depends on the altcoin you are investing in and the news around you everyday
I went from $650 to $1100 in one night investing in bnb then it crashed all the way to $400. I got very tilted and gambled it trying to win my profits back but I ended up down to $250 and am very fucking tilted. I need to make my initial investment of $650 back or I will lose my mind. How difficult is it to go from $250 to $650? I'm guessing its gonna take a miracle.
well it's really difficult to get your previous initial amount back to you if you want it to be done very quick, It takes some time to gain back what you have lost from different platforms, if you're going to deal with altcoin trading and you must have a target price before you pull out all that you have because usually once a certain coin's price has jumped sooner or later it will surely drop until it almost become a dead coin .
It feels very bad when you are in good profit but when you exit the trade you are in loss. You should fix the target price so that at the right time when you are in profit you will exit your trades with profit . Trust yourself my friend you will again book good profit but have patience & always quit the trade before market drops. Fix small small targets so that you can recover your equity soon again. With proper research or planning you can always make money from altcoins & always control the greediness.
It is not hard at all if your strategy is good. I see that you didn't actually make any strategy and just gambled your investment on the coin.
You had the chance to withdraw your coins at $1100 but you became greedy enough to lose most of your money. You get a good lesson there and you must know to plan your strategy well even if you are gambling. Always set an achievable target and withdraw your coins if you have achieved your target. You cannot become a millionaire overnight unless you are damn lucky.
You had the chance to withdraw your coins at $1100 but you became greedy enough to lose most of your money. You get a good lesson there and you must know to plan your strategy well even if you are gambling. Always set an achievable target and withdraw your coins if you have achieved your target. You cannot become a millionaire overnight unless you are damn lucky.
First thing you gotta do it: Stop going all in on "pump and dump" kinds of coins. Invest in coins with fundamentals and trade those pairs only by increasing your stack in bitcoin. The USD value doesnt matter, focus on building a larget stack of BTC and forget about the shitcoins, for every new millionaire they create, there are hundreds of stories like yours.
In this altcoin world, it is seemingly easy to make quick cash and even easier to lose it all. If you find the right coin with your time at research about it, things are simplified and you can proceed to invest in the coin, cashout when it shoots up. Since you're telling us that you're tilted about your losses, just forget them and move on to better investments and as a tip, never gamble any of your coins.
do not ever get carried away with a high will without risk considerations. small research that will give you an idea of the risks you will get. Tranquility and caution are the keys to safe and small investment against risk.
I went from $650 to $1100 in one night investing in bnb then it crashed all the way to $400. I got very tilted and gambled it trying to win my profits back but I ended up down to $250 and am very fucking tilted. I need to make my initial investment of $650 back or I will lose my mind. How difficult is it to go from $250 to $650? I'm guessing its gonna take a miracle.
I suggest you always calculate your risk. For example 5% of your portfolio on every trade. For you to be safe on margin call. second, know the support and resistance level on higher time frames and make your exit or entry there. and lastly do not chase the rabbit. it will hurt you a lot. There is no miracle on trading everything happens based on news and price action.
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