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Topic: I am so stressful with trading coins, I lost 13000$ - page 4. (Read 2743 times)

newbie
Activity: 120
Merit: 0
I'm so stupid when attending crypto currency, who can help me to get money back? I also ask many traders who has experiences in this one, but I still lost money

i am sorry to hear that, it's a large amount of money indeed. Trading needs a stable emotion, experience and techniques to make the session profitable. I suffer some losses too, but i accepted them and consider them as the cost of learning, to make my judgement better in the future. There are lots of materials online (tradingview, youtube, etc) to learn from, and do not overtrade since it will worsen our judgment and make us more fragile because we are more emotional rather than objective.
newbie
Activity: 22
Merit: 0
You are going to learn by this mistakes, every one will face their failure even they have already learn and experience enough. Trading is one of the field that needs you to learn everyday. So chin up and take the lesson.
full member
Activity: 294
Merit: 100
You should wait for the right time when the prices are high in the market and before making any trade just think wisely or take help from the experience players because they know better and may generate a good profit for you.
jr. member
Activity: 224
Merit: 3
Who ever whether newbie or other, always trading will remains loss to traders. You can earn more and more only in investing, but need to be cautious.
member
Activity: 364
Merit: 10
If you are not sure of your strengths or just a newbie in trading, then you should not invest big funds at all. I think that you can return this money with a long-term investment in the Ethereum.

We need to know what the limit is to lose and that means we need to review the strategy again. What we did last time before losing is the way we have to change it. But trading is a high risk and unpredictable job so normal loss but loss is far more than usual
newbie
Activity: 98
Merit: 0
How can you lose money in trading? whether you are hacked or you choose the wrong coin to invest. So the coins you buy to invest disappear or suddenly there is no price.

Maybe you should do research and find information in advance to do trading.
member
Activity: 602
Merit: 12
elysian.finance
Many people can lose money. The important thing is not to make the same mistake again. I hope you will cover the damage and get good gains  Undecided


full member
Activity: 294
Merit: 114
If you feel that trading is not for you or it is causing you a lot of stress then you should consider long term investing in the top coins. You can't go wrong with that!
newbie
Activity: 155
Merit: 0
There is no business which doesn't give stress. All of us who are engaging here are all stressed out. This is not an easy money like other think but we are sure that there is something waiting for us. All we have to do is to be patient, follow rules and work harder. Thousands of us are feeling the same but only few are optimistic enough to reach the end. Be optimistic!
newbie
Activity: 78
Merit: 0
Thats so unfortunate. Many of us lost. It wasnt easy to predict such fall.
jr. member
Activity: 280
Merit: 2
The hard part is looking at the market every day and seeing prices fall. Stay strong and hodl it. While you trade, your emotions should take a back seat. Don’t get carried away, learn to be patient. Don’t get trapped in “Fear of Missing Out” or FOMO as it has been a true money killer for the traders. No need to rush after slipping opportunities.
newbie
Activity: 84
Merit: 0
Stop and breathe. It looks like you may have done some trading based on emotion and intuition. Do yourself a favor and make some short term and long term goals. I tell you now that it best just to hodl and forget about your losses.
newbie
Activity: 145
Merit: 0
I think that investing in this industry requires you to prepare for the worst, and you need to be patient enough not to influence your judgment because the market falls, or to panic sell because of losses. I think this is the wrong choice.
jr. member
Activity: 350
Merit: 1
FABA-BREAK THROUGH IN VENTURE CAPITAL MARKET
Maybe it's already the excitement went ... Huh  In such cases, you need a cold calculation and common sense ...!
jr. member
Activity: 364
Merit: 4
If you do not know how to trade, then you should not allocate large amounts for trading.  Beginners always lose, trying to quickly get a big profit.  You need to form a literate portfolio of altcoins and keep them for a long time - about 6 months or a year.
I will have to correct you on the first point. Beginners don't always lose. My friends first trade he made $47 on the second trade he gained over $27000 on a $3600 original investment. His portfolio, after all of the money he spent, stands in this crash around $46000 value range.
member
Activity: 462
Merit: 10
You lost $13,000. Frankly, this is your own problem. I can see that you did not try to understand the encryption market before investing. You can even imagine this market as a casino. Then you should be responsible for your own greed. This is a real trading market. You must understand this. You just want to make huge profits, but unfortunately, you may not be lucky enough. If I were you, I thought I would take the time to study the cryptocurrency from now on, and then look for a good time to save my loss.
member
Activity: 266
Merit: 12
I'm so stupid when attending crypto currency, who can help me to get money back? I also ask many traders who has experiences in this one, but I still lost money

Tell us what happened in your trading? Did you buy high coins and trade them in low price? If you have experience that panic selling, you really lose money. But if you buy low and sell high you will gain. That'ts the basic in trading.
full member
Activity: 350
Merit: 107
I'm so stupid when attending crypto currency, who can help me to get money back? I also ask many traders who has experiences in this one, but I still lost money
In what coin you lost your money? How much you buy? And how much you sell?. In this crypto there is nothing will happen as we predict. We should aware and brave to take a risk. Before we invest we should doing market research so we don't take a wrong decision. If you already lost your money better you hold for a while. Don't directly sell when it dip down.

I agree with this, it is probably not a good idea to be panic selling. Take a deep breath and look at the long term charts to decide where it is heading and where to consider selling or buying.
newbie
Activity: 151
Merit: 0
Trading is not as easy as buying at a low level and selling at a high level, so there are many things to consider, technical analysis and fundamental analysis. You may need to learn basic technical analysis so that you can recover your losses and earn more money.
jr. member
Activity: 266
Merit: 1
Make it a valuable experience not to make the same mistakes in the future.
I understand how disappointed you are with this.
Trading is not an easy matter, in theory, trading looks easy. Market conditions and price changes that occur continuously is a challenge for a trader.
Therefore learn a lot, share, and apply good principles.
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