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Topic: I lost 10000$ in trading, what should I do? - page 10. (Read 1847 times)

member
Activity: 236
Merit: 10
If you want to start in bounty your need looking information in this thread https://bitcointalk.org/index.php?board=238.0.
How profitable is it?  I think everything that you do need some knowledge in order to succeed. I think trading will be more profitable than bounty.
newbie
Activity: 95
Merit: 0
Margin trading is so risky and you may all lose your money if you are not lucky enough to win the bet. Just like a gamble margin trading need luck and not skills but if you have luck then you earn a huge amount of money.
sr. member
Activity: 700
Merit: 260
wow, that's a lot for me. in trading requires patience and also understand the movement of the market. we can not trade if we rely on emotional. but if you want to make money through bounty, that's good and also I suggest if you have a lot of money, you can follow ICO to invest in it or also you can buy bitcoin or ethereum then you just need to hold for a long time. I think that way will make you not lose much money. Goodluck bro!
sr. member
Activity: 518
Merit: 250
Since you are on loss all you have to do is just hold your coin and wait until it reaches back to at least $20k back and you’ve mentioned about earning cryptocurrencies, well there are a lot of options you can find in this forum. Just be resourceful and do some research and you’ll be able to find ways on how to earn them.
sr. member
Activity: 516
Merit: 250
kingcasino.io
That was a huge amount of money even you take it from free its still regretible if you i am on behaft of you in that way. Why did you do trade in margin trading with a huge capital and margen trading is so risky specialy you are a newbie. You should study first before you invest in any kind of investments because if still continue like that you always lose your money.
member
Activity: 700
Merit: 14
Buying bitcoins at $17,000 is unlucky. it was profitable for a short time as it actually went up above $19k but you had to sell quickly in order to profit from it. Now it will take a while to get back to the all time high but do not worry, it will get there eventually and far beyond that
Many people are too greedy and expect a very high price, when the price has risen, they continue to hope for more, but unfortunately only one night they suddenly drop down very quickly, they I did not get my hands on and lost. So the Crypto market we should set a clearer goal. So you will succeed and reduce the risk of losing money.
newbie
Activity: 33
Merit: 0
I agree with most other suggestions here. You should STOP and re-think your strategy since you are clearly not yet skilled to trade in that magnitude. Yes it's harsh, but we need to face reality and learn from our mistakes to grow.
sr. member
Activity: 750
Merit: 258
That's a huge loss and same thing has also happened with me where I lost most of my invest but I did not give up started from basic again and work hard and start with small investment again and slowly I grow up my portfolio again and now I have recovered my that loss also and now I am in profit.
Nice to hear your story. It is true that one can recover their loss in trading. However, you need a lot of things to do in order to improve yourself before trading again. Without knowledge and experience, you can only lose more money with crypto
newbie
Activity: 77
Merit: 0
If you just jump in to trading, its never use margin because margin trading only for experience trader, volatilitas of crypto so high and you will loss in big money when wrong prediction, and by use margin the lose will be bigger. Now you can join bounty program and also learn more about your trading mistake and make new trading plan.
I think profit and loss are the parts of business and cryptocurrency is not only usable coins but also a good coin business. You should be patient about crypto and should bear the loss. These two things are mandatory in crypto world, patience and courage to bear the loss. Don’t be panic and wait for more time because many other people also lost their money in trading.
newbie
Activity: 728
Merit: 0
You should not regret because every professional trader lost its money while trading so you need to accept this losses and to consider that you paid for the learning. Anyway you have got an excellent experience which will be helpful for further trading.
I would you recommend to pay attention on a risk which you take. There are investors which lose and win daily much more I mean everybody has its own risk level so you need to have your own as well.
member
Activity: 600
Merit: 10
I think if you really want to get krypto, I think you should really understand about krypto, so you will not lose anything from krypto, because with trade you have to be patient and careful. so you will get many good benefits.
member
Activity: 505
Merit: 35
Hi, I am a crypto-hamster and bought bitcoin when it cost 17,000 and decided to trade on the Bitfinex exchange withe margin.
In this business I was not experienced, so I followed the advice of different traders and their signals.
In the end I lost 10 thousand dollars when bitcoin fell to 6k , but it was money that I was ready to lose, i.e. free.
Now I do not have the desire to trade, but I want to earn money on crypto currency, because it's interesting and I believe that the future is for the crypto currency.
Now I want to try to make money on bounty programs.
And I want to ask you advice in this difficult matter. Where to start, and is it profitable at all?

It’s a good strategy to turn your attention on bounty programs. If trading is not applicable in your life style then you consider bounties. But same as in trading, you need patience and knowledge in bounty. If you are lucky enough bounty is a good source of income. Then if you decided to go back in trading, you need to do your assignment. Study the mechanics of trading using TA and FA.
member
Activity: 224
Merit: 10
That's a huge loss and same thing has also happened with me where I lost most of my invest but I did not give up started from basic again and work hard and start with small investment again and slowly I grow up my portfolio again and now I have recovered my that loss also and now I am in profit.
jr. member
Activity: 92
Merit: 7
Hi, I am a crypto-hamster and bought bitcoin when it cost 17,000 and decided to trade on the Bitfinex exchange withe margin.
In this business I was not experienced, so I followed the advice of different traders and their signals.
In the end I lost 10 thousand dollars when bitcoin fell to 6k , but it was money that I was ready to lose, i.e. free.
Now I do not have the desire to trade, but I want to earn money on crypto currency, because it's interesting and I believe that the future is for the crypto currency.
Now I want to try to make money on bounty programs.
And I want to ask you advice in this difficult matter. Where to start, and is it profitable at all?

Sorry to hear that my friend because 10 000 is a big number

I think there are 2 options. You can either use your experience to start again on another chance or just leave this violated market

The guy was simply unlucky. I would better recommend him NOT to sell his Bitcoins and altcoins but wait for a long time when the cryptocurrency will grow. In this case, the loss will be less definitely.
It was a margi call, i dont have bitcoins now))
newbie
Activity: 57
Merit: 0
When you loss in trading don't try to over trade by adding another money to win they other money you lost back,know they cause of they mistake,learn how to trade or research for advice from professional traders in bitcoin with that you can make it big in the future.you have to accept the lost and become a good trader in bitcoin
sr. member
Activity: 786
Merit: 270
Even if the money was for free it doesn't means that you should be ok with losing it, as that was your money and you could have saved it or invested in a coin and hodled it. Trading isn't for everyone and trading in a volatile market like crypto market isn't very easy and very few people are able to turn a profit from trading.
Losing of this much of the amount in trading is a very much disturbing situation but the fact is you need to keep your nerves under your control so that you may not end up making any other foolish decision. You need to stay patient and that you need to look for the ways which can help you in recovering that loss and that you can only do when you will not quit doing trading and that you will work even harder.
member
Activity: 154
Merit: 10
OPEN GAMING PLATFORM
Hi!
Just look at ONT. Then look at the history ONT by means of Google. Then you can write a new post "as?! why I haven't come into airdrops and bounty earlier?!"
It is very profitable. There are many tactics and schemes, just use Google and choose that is closer to you: to take many bounty on Twitter and Facebook or to choose the most qualitative ICO)
jr. member
Activity: 336
Merit: 5
Most Advanced Crypto Exchange on the Blockchain
Buying bitcoins at $17,000 is unlucky. it was profitable for a short time as it actually went up above $19k but you had to sell quickly in order to profit from it. Now it will take a while to get back to the all time high but do not worry, it will get there eventually and far beyond that
full member
Activity: 476
Merit: 100
Hi, I am a crypto-hamster and bought bitcoin when it cost 17,000 and decided to trade on the Bitfinex exchange withe margin.
In this business I was not experienced, so I followed the advice of different traders and their signals.
In the end I lost 10 thousand dollars when bitcoin fell to 6k , but it was money that I was ready to lose, i.e. free.
Now I do not have the desire to trade, but I want to earn money on crypto currency, because it's interesting and I believe that the future is for the crypto currency.
Now I want to try to make money on bounty programs.
And I want to ask you advice in this difficult matter. Where to start, and is it profitable at all?

Sorry to hear that my friend because 10 000 is a big number

I think there are 2 options. You can either use your experience to start again on another chance or just leave this violated market

The guy was simply unlucky. I would better recommend him NOT to sell his Bitcoins and altcoins but wait for a long time when the cryptocurrency will grow. In this case, the loss will be less definitely.
sr. member
Activity: 644
Merit: 263
When you compare the price of bitcoin to 17,000$,you may come to conclusion loss of 10k$.I had one idea for you,buy some Bitcoin with today price and hold that bitcoin.Then hold both of this bitcoin ,till the price reach 17,000$.Then you will get same 10,000$ as a profit.

No thats not the proper way to do it.

When I saw this post I already made comment about this, 17K USD was too high when he bought and there is no way for the OP to have patience and wait for the BCT to grow back to that ATH.

Selling those coins right now will insure huge loss, and it would be impossible to catch the break even point after doing that too. So I would say holding is the only option for now. Apart from this they can buy new coins with completely new money, and benefit.
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