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Topic: I lost 10000$ in trading, what should I do? - page 12. (Read 1894 times)

full member
Activity: 490
Merit: 100
It surprising, you lose $ 10k and you are still fine. eventhough your money that was ready to lose but 10k is a big amount. Trading is not easy and we should learn before do it, you should start with small amount and when you feel you have enough of experience you can start with large capital. To join in bounty you also have to learn about crypto currency and increase your rank.
full member
Activity: 403
Merit: 100
In investment, there are always losses in investments, and you need to accept these risks. Those with Bitcoin never lose money when Bitcoin prices increase over time. If you are currently losing money at the current rate, you can hold it for a long time and make sure you make a profit.
member
Activity: 406
Merit: 10
Sorry for your loss, but remember the lessons you have learnt in this process. Bounties are great for higher ranked members but you can take your time to read the rules and start participating in simple ones like the telegram or social media bounties.

Nah, iam agree with this thread.
you can following introductions bounties campaign, and then sell your rewards until your money back like long ago.
newbie
Activity: 28
Merit: 0
Maybe you should increasing your knowledge of cryptoworld first, or you will pay a lot to earn experience.
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
so I followed the advice of different traders and their signals.
This is where you fucked up, right here.  My opinion is that most people who trade and who post on forums like this don't know what they're doing, and none of them predicted bitcoin would drop after hitting $20k.  So it's not surprising you lost a ton of money by listening to them.  Most of them are into technicial analysis, which is a bunch of bullshit.  Tell me how many of them knew a crash to $6XXX was coming or that we'd be where we're at today.  Probably not many, and if they made money on the market, they're not posting here.

You take your chances when you trade bitcoin.  There's no fundamental analysis to be done, regardless of how many people tell you it can be done.  FA has to do with stocks and bonds, not crypto.  And TA--as I said--is voodoo science.  Buy-and-hold is the way to go IMO, but you have to not buy bitcoin at its all-time high. 
full member
Activity: 420
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?

I believe if you do not really have a trade experience you should not use large capital, only with a small capital to look for the next new experience with big capital. For now, it's good to quit when trading because I think your stress level should be high and the emotions are certainly not controlled.
TGD
hero member
Activity: 1288
Merit: 620
Wen Rolex?
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?
to start in bounty you nees to visit the bounty thread check and follow all the instructions given in the bountythread. Profitable? yes, but you need to put more effort to earn and base on your rank this will be hard for you to earn decent amount. Its better to find a real world job than hoping to recieve decent amount in bounties.
full member
Activity: 2128
Merit: 180
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?

You can start again and learn from that experienced. Never to trust anyone again aside from yourself in trading because it's too risky to do so. I'm glad that you invest the money you don't need much, so I can assume you are still capable to invest some money here. Invest on bitcoin again, don't lose hope, learn more and for sure you can win in this market in the future.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
I can't believe this, because being a trader when he experiences loss, automatically he'll look for something alternative to make trading more profitable. Here strategies and alternate plans need to be ready to take effect. If the user begins to rely upon luck for his profiting it gets ended in loss.
newbie
Activity: 129
Merit: 0
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
full member
Activity: 574
Merit: 102
https://adonx.one
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.
newbie
Activity: 163
Merit: 0
stop dreaming and find another job Smiley
member
Activity: 246
Merit: 10
Most of the time losses is a normal thing in trading. it is very risky because you didn't know if what will happen on your digital currency. Before buying a coin make sure to research and review it first to avoid losses.
hero member
Activity: 1232
Merit: 738
Mixing reinvented for your privacy | chipmixer.com
Hi, I am a crypto-hamster and bought bitcoin when it cost 17,000 and decided to trade on the Bitfinex exchange withe margin.
that's what will happen to you if you do margin trading! stay away from margin trading at all cost.
specially when you don't have any experience yet on trading world.

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.
if you were just doing straight trading, you could still have BTC balance in your account (I assume you lost the $$ and no BTC left)
then you might be able to recoup some losses by trading altcoins while waiting for btc price to recover
even if btc never return to $17k+, you can keep accumulating btc from altcoins trading profit
and soon or later you will have enough btc balance equal in value to that you begin with
full member
Activity: 952
Merit: 104
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?


sad to heard lose your huge amount of money because you are lack of knowledge about trading, i always recommend those not knowledgeable in trading job, start investing small amount of money as trial how to work in trading become knowledgeable. investing in trading is very risky that's one need to kept in mind and need to be ready to lose their investment as trader.
full member
Activity: 308
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?
The market in recent days is constantly fluctuating, if you trade without specific knowledge and plan and comply with the specific trade plan, then you lose business is sure to happen. Bitcoin prices in the past days are constantly fluctuating and difficult to predict, so that you can successfully trade you need to discipline and always put stop loss in every transaction.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
One of the basic rule in trading is ' trade with the amount of money you can afford to lose' more so I believed you were carried away by the speculations surrounding the price of bitcoin that it will reach $50K then. Thus motivated you in buying at that price and trading it off in bittrex with a margin, well I believed you had learn a lesson however you shouldn't give up hence start to learn trading while you continue with bounty campaigns.
hero member
Activity: 2968
Merit: 687
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?
If its free then why not just dont bother those coins. Are you still holding it or panic sell? if you do still hold then its not considered as loss and its much better to hold it of for long term and wait up for recovery because there would really be a time where we hit up those price ranges again.The mistake i do only see on here is that you do follow on others signals which really a no-no thing on trading world. You are really prone to fuds and hypes.
member
Activity: 238
Merit: 10
Yes of course you can earn cryptocurrency at the company bounty but for this you must increase the rank of your account on the forum to participate in the signature of the bounty also you must have a lot of followers on social networks to participate in twitter and facebook bounty.
member
Activity: 224
Merit: 10
Thanks for your advice, guys.
I think you should not continue trading anymore, you can see that bitcoin prices in recent days are fluctuating continuously and adjusting in large amplitude, so to be able to trade successfully at this time very difficult. I believe that your loss is due to not having a specific trading plan or if there is no compliance also led to such a loss.
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