How I became poor through Bitcoin and Altacoin - page 3.

traderethereum

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Quote from: Nwachukwu2 on November 09, 2017, 06:18:40 PM

How I became poor through Bitcoin and Altacoin
I joined Bitcoin trading June/July and that's the worst mistake of my life, thinking i could trade..
I got 10btc through graduate loan to pay back in January only for me to venture into Ethereum and Bitcoin trading.
Then segwit took place, it's was like a news to me, I saw all my coins crashed.. all i wanted was to make some income and help my dad but I got into money debt.. right now I left with fears of January..
Thou free airdrops has been my only hope for now..

Can someone advice me on how to start again.

its been difficult time for you and i am so sorry to hear that. i think what you can do now is trying to get survive in trading and doing another things like chasing airdrop or doing signature campaign or bounty campaign to earn some money. i think you still have a time to earn some money if you really wants to tried. never give up because you have the best time to do to earn money in bitcoin, read more in here and other sources so you can pay back your debt in january.

Bonakid

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Quote from: Nwachukwu2 on November 09, 2017, 06:18:40 PM

How I became poor through Bitcoin and Altacoin
I joined Bitcoin trading June/July and that's the worst mistake of my life, thinking i could trade..
I got 10btc through graduate loan to pay back in January only for me to venture into Ethereum and Bitcoin trading.
Then segwit took place, it's was like a news to me, I saw all my coins crashed.. all i wanted was to make some income and help my dad but I got into money debt.. right now I left with fears of January..
Thou free airdrops has been my only hope for now..

Can someone advice me on how to start again.

That was huge money mate, i think you should learn proper trading first before you invest huge amount of money and while learning put your money in bitcoin and place it in your trusted bitcoin wallet to generate income at the time you studying trading.
And mate it is not good to get loan and invest it because the income you generate will be going for the interest of your loan much better to work first and save some money then invest it.

h0lybyte

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Quote from: Nwachukwu2 on November 09, 2017, 06:18:40 PM

How I became poor through Bitcoin and Altacoin
I joined Bitcoin trading June/July and that's the worst mistake of my life, thinking i could trade..
I got 10btc through graduate loan to pay back in January only for me to venture into Ethereum and Bitcoin trading.
Then segwit took place, it's was like a news to me, I saw all my coins crashed.. all i wanted was to make some income and help my dad but I got into money debt.. right now I left with fears of January..
Thou free airdrops has been my only hope for now..

Can someone advice me on how to start again.

In my opinion, you would be definitely a millionaire if you had kept your bitcoins holding till the moment.
But alas, You have made a bluder. First you should learn about cryotocurrency trading like what to do in such condition.
It is always profiable if you keep holding your bitcoin for a long term, even long term strategy is history behind earlier cryptocurrency millionaires.

kiver

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sorry for your lost but that huge amount of money in such a short time is crazy you should have never stepped into something you have no basic knowledge of if you had these 10 bitcoin you could have hold them buy ethereum or any other stable coin any way good luck on what's coming with your life

GreatOrchid

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But how much have you lost? all the bitcoins that you had? not even the most dumb trader would be able to lost everything, if you had 10 bitcoins, you did not even diversify that balance?
let me tell you that you are dumb as fuck, maybe you were trading only with one position of ten bitcoins each, and this is why you lost it all.
But why you are blaming segwit fork? it makes no sense, because it got cancelled a few days ago, and you said that it happened on july..

daringdiscovered

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Quote from: Nwachukwu2 on November 09, 2017, 06:18:40 PM

How I became poor through Bitcoin and Altacoin
I joined Bitcoin trading June/July and that's the worst mistake of my life, thinking i could trade..
I got 10btc through graduate loan to pay back in January only for me to venture into Ethereum and Bitcoin trading.
Then segwit took place, it's was like a news to me, I saw all my coins crashed.. all i wanted was to make some income and help my dad but I got into money debt.. right now I left with fears of January..
Thou free airdrops has been my only hope for now..

Can someone advice me on how to start again.

If you are still holding your tokens, then you still have hope, because it is going to PUMP no matter what, it is not going to crash forever, you might even get back your 10 btc that you have used in Trading with some profits, all you have to do is to patiently wait for the right time for you to sell it, because if you are going to panic and sell it, then I guess you have to worry about it.

Indrawan77

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You should know that you are not supposed to trade with the money that you cant afford to lose and never go in debt to invest in something so risky, but if you only trade with eth and btc you supposed to be not suffered high lost, if you keep btc then you will get profit the price of the eth is also not changing too much, do you buy other coin to trade?
10 btc is a lot of money, you can't expect to get that much in few months, try to offer your skill, or work part time job will be the answer

Yaunfitda

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Quote from: Nwachukwu2 on November 09, 2017, 06:18:40 PM

How I became poor through Bitcoin and Altacoin
I joined Bitcoin trading June/July and that's the worst mistake of my life, thinking i could trade..
I got 10btc through graduate loan to pay back in January only for me to venture into Ethereum and Bitcoin trading.
Then segwit took place, it's was like a news to me, I saw all my coins crashed.. all i wanted was to make some income and help my dad but I got into money debt.. right now I left with fears of January..
Thou free airdrops has been my only hope for now..

Can someone advice me on how to start again.

I can't imagine your situation mate. Though my question is how can segwit, which is last Aug affected your bitcoin or altcoins? Bitcoin has soared before and after segwit, so there's no chance for you to lost. Maybe you lost if during the China crisis but you should know that its better to hold on that kind of situation. Well to start you should get a capital and buy bitcoin in dips and just hold. Looks like trading is not for you and maybe rushing into it made you lose as well. So just take your time buy in dips and hold on your bitcoin for long term.

maryanti

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there will be segwit2x the new B2X coin from bitcoin after BCH and BTG ..
Hold your bitcoin on the market that will give you B2X free for BTC you save ..
Perhaps with this segwit2x provide great benefits for BTC holders..
if not mistaken B2X will happen on 16 nov.

shield132

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One reason of your poority is that many people here posts that it's very easy to trade with bitcoin and you can easily get much money but that is joke of course, if everyone gets profit from trading, then who loses?
Learning on mistake is good but not so good on 10 bitcoin. Why weren't reading much about segwit and etc things? When you are in crypto related job, you have to know it's past and present too, topics here could help you about segwit.
Now you can't bring back lost money, can't suggest anything but work hard in real life, internet isn't only way of escape, get another loan to fill this one and then fill that one with working.

Nwachukwu2

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Pls don't get me wrong, I didn't say i saw segwit as an opportunity because I never knew about it then until all was lost.. I only got to know more about segwit now...
It's a sad thing that I lost..
I'm not venturing into trading at all. I'm only following up in airdrops just to raise up some fund...

richardsNY

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It's obvious that you should stay far, really far from anything related to trading. I understand that people want to take advantage of Bitcoin's market, but an important aspect is that you should know what your limits are in terms of your understanding of this market, etc. You just blindly jumped into something you don't know anything about, which explains how you burned through your capital. It's sad to see someone lose that many coins/money, but this market isn't a joke or a fun thing -- mistakes in this market can and likely will result in severe losses, and in your case, it did unfortunately.

Anonylz

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This is a sad story but i didn't understand what really happened to you because your english is very bad, maybe you should stop using google translator and try to write your own sentences, maybe they will be more readable than those.
but it is very annoying the way that you lost ten bitcoins, were you trading with segwit futures? maybe you are talking about Bitcoin Cash, that was the fork that happened on August (on the period that you were trading)
it is a very confusing thread anyway..

PokerDiceMan

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Quote from: Nwachukwu2 on November 09, 2017, 06:18:40 PM

How I became poor through Bitcoin and Altacoin
I joined Bitcoin trading June/July and that's the worst mistake of my life, thinking i could trade..
I got 10btc through graduate loan to pay back in January only for me to venture into Ethereum and Bitcoin trading.
Then segwit took place, it's was like a news to me, I saw all my coins crashed.. all i wanted was to make some income and help my dad but I got into money debt.. right now I left with fears of January..
Thou free airdrops has been my only hope for now..

Can someone advice me on how to start again.

the first you must learn about trading, must use low capital money
if you have skill and experience you can incraese youre capiatl money
the first maybe you can follow bounty program, after get bitcoin , you can invest in ico project and trading

Iranus

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Quote from: Nwachukwu2 on November 09, 2017, 06:37:05 PM

I got to at $2800 then like i said before i never knew what segwit was at that time, it was my first time of coming across it..i didnt do my own research properly... I just saw it as an opportunity to trade.

You're saying that you saw SegWit as an "opportunity to trade" but SegWit is not a separate coin. SegWit was activated on Bitcoin's mainnet about two to three months ago and is gradually being used by major services. It implements a new transaction format in which witness data is separated from the transaction and is not seen by legacy nodes, thus raising the effective block size without a hard fork.

Your wording implies that you still don't know what SegWit is, even after losing your money.

Quote from: Nwachukwu2 on November 09, 2017, 06:18:40 PM

Then segwit took place, it's was like a news to me, I saw all my coins crashed

I'm guessing you were trying to trade futures for the potential hard fork SegWit2x, which has now crashed as the fork is unlikely to occur. I'm sorry for your loss.

Quote from: Nwachukwu2 on November 09, 2017, 06:18:40 PM

Can someone advice me on how to start again.

You seem to have a gambling problem. You shouldn't be loaning money to spend on risky investments.

IMO, you should stop dealing with crypto altogether, to avoid the risk of ever digging yourself deeper into a financial hole. I doubt that you have the emotional maturity for dealing with it.

Nwachukwu2

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I got to at $2800 then like i said before i never knew what segwit was at that time, it was my first time of coming across it..i didnt do my own research properly... I just saw it as an opportunity to trade. If I knew what I know now... I would hold it in Bitcoin..
I don't need you to believe me because I'm enjoying my freedom from now to Dec.. January is scarying for me..

minersday

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Wow, how could you lost more than 10 bitcoins? you could just hold them, it was below $2500 on July and now it is upto $7200 each bitcoin, it seems a little bit shady i dont believe you not even in a single word of that.
You could have triplied that money during these moments because bitcoin has went up so quickly, i dont know why you have lost all that money because of Segwit.. and it did not even happened because it got cancelled yesterday.

Nwachukwu2

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How I became poor through Bitcoin and Altacoin
I joined Bitcoin trading June/July and that's the worst mistake of my life, thinking i could trade..
I got 10btc through graduate loan to pay back in January only for me to venture into Ethereum and Bitcoin trading.
Then segwit took place, it's was like a news to me, I saw all my coins crashed.. all i wanted was to make some income and help my dad but I got into money debt.. right now I left with fears of January..
Thou free airdrops has been my only hope for now..

Can someone advice me on how to start again.

Topic: How I became poor through Bitcoin and Altacoin - page 3. (Read 1287 times)