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Topic: I lost 10000$ in trading, what should I do? - page 3. (Read 1894 times)

full member
Activity: 546
Merit: 100
I think now you have to rise from losing a lot of money, just think of it as an accident that will make you understand more about trading in the Crypto world. Accept various input from senior traders in this forum and don't stop learning. Keep the spirit Wink
full member
Activity: 476
Merit: 100
At least you should have expected that to happen due to the nature of this market. I don't like it to happen to you but you should know what to do next. You can either stop and it's game over or trade again but with a smaller amount. It all depends on your situation, if anything does not favor after that then just stop and start a new chapter of your life.
member
Activity: 165
Merit: 10
Trading in a volatile market for crypto is not easy and few people can make a profit from trading. And if you lose your money, then you throw that away is unrealistic. You need to get experience in the deal.
member
Activity: 318
Merit: 10
You can go and make 20000$ or more... Just think - you already have an experience of trading for serious sums and you can play around current market.

He can do that again if he has money to deposit in the exchanges. But if he doesn't have money and he only has the rest coin, then I think he only needs to wait until the price rises again. It is too risky if he decides to deposit his money because the market still not unpredictable and the market is not stable, and we don't know what will happen later.
sr. member
Activity: 812
Merit: 251
UniDApp - it's DeFi time!
My advice, you must add the knowledge of trade so that you can minimize losses as well as profits
The addition of knowledge is imperative and I advise people to focus more on new knowledge in order to keep up with modern traders. I have lost money a lot of times and have a lot of experience in trading so after these lessons, it is easy for me to make a profit every day. Right now is a good time for you to get the best preparation before entering the uptrend
sr. member
Activity: 1162
Merit: 251
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?

Going for bounty programmes is a good idea. You can earn alot even without investing anything and at 0% risk. According to me signature campaign is best, you should go for that. But if you will again move for trading in future, study the market carefully and take advice of some experienced traders.
if you're not too good at trading, you should stay away first. if you want to make coins from the bounty program. you can do it there are lots of bounties that you can follow, and be careful when choosing bounties there may be some who don't pay. if you want to go back to trading, then learn first don't start without capital broad knowledge
full member
Activity: 588
Merit: 103
Just calm yourself make a rest and back when you already to push it again on trading don't think it is bad feel it when your mistake and encourage yourself to try again.
full member
Activity: 420
Merit: 101
You can go and make 20000$ or more... Just think - you already have an experience of trading for serious sums and you can play around current market.
sr. member
Activity: 532
Merit: 255
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?

Your passion's truly extraordinary. Trading can be said to be work which's very difficult especially for new traders who aren't experienced but sometimes experienced people are also still able to lose. So, the experience isn't the essence of victory, but first, understand the performance of crypto trading and by continuing to repeat, repeat, and repeat, even in defeat, then someone will become an expert in the field he's doing.

Sorry for your losses that is a part of the trading job, better luck next time i think the money you can lose will be right back again in the right time, just stay hold your couns gives a lot of lost for your do not lost hope the bear market will end.

True, with the existence of hope at least it can make someone's mentality become as hard as steel, never give up on the situation, surely the bitterness of a loss will be replaced by the sweet profit which will be obtained later.
full member
Activity: 2520
Merit: 204
Sorry for your losses that is a part of the trading job, better luck next time i think the money you can lose will be right back again in the right time, just stay hold your couns gives a lot of lost for your do not lost hope the bear market will end.
full member
Activity: 334
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?

Going for bounty programmes is a good idea. You can earn alot even without investing anything and at 0% risk. According to me signature campaign is best, you should go for that. But if you will again move for trading in future, study the market carefully and take advice of some experienced traders.
full member
Activity: 406
Merit: 100
It's also the same field of activity as any other. In trading also some who earn money, and there are those who lose. The same situations with investments, advertising and any other stuff. With the mind you can earn everywhere.
newbie
Activity: 75
Merit: 0
10,000 is very big amount in my country that is half million. Better before buying altcoin you should do some research  I think why other traders are failed on trading because they buy altcoin without doing any research  so the coin they buy is not potential coin.
Here I am still just starting trading, so I will be more careful to do this trading. maybe at first I pursued the maximum profit. After I joined, I learned to not carelessly play. who must still follow the rules. Because getting 10,000 results is not easy
The time for research for this guy has finished. He already lost big amount. Now the question is how to recover this deficit. I know just one solution and that is to trade effectively daily and observe the price and look the trend of the market carefully. If you have trading experience you can recover all your deficits in few days. Price is no matter for experienced traders.
hero member
Activity: 1008
Merit: 501
When we lose large sums of money - we should never try to win back, as if we are in a casino. Usually this leads to the final loss of all money. The only way to regain your losses is to try to make money again, carefully and keeping calm.

However, you will agree that it is very difficult - to calm down and start from zero when you lost everything. I sympathize the crypto losers and wish them more luck.
Agree because when you intend to recover loses you might put emotions into your calculations and analysis so that your calculations are not very accurate. let it go dude! and learn about the mistakes you experienced and don't repeat it. just playing as usual don't be too depressed to recover
member
Activity: 1021
Merit: 12
My advice, you must add the knowledge of trade so that you can minimize losses as well as profits
newbie
Activity: 66
Merit: 0
10000$ Is a huge money for me to loss in trading at the start you will know how to trade and don't quickly join in trading and hopping that It will increase Because Trading is more than risky in investing.
10000$ is big amount and this is something which is not easy to recover also. If I was in his place, I would have fainted or lost my mind on such a big loss.
member
Activity: 219
Merit: 10
In cryptocurrency trading section lose is very simple matter because too many people lose his money in this trading platform. If you lose huge money in a short time so you should learn about cryptocurrency trading because you must learn about chart pattern and candle stick pattern. Any trading section chart pattern is very important. If you lose again so never try to recover you money in a day so be patient and start trading.
hero member
Activity: 2730
Merit: 632
When we lose large sums of money - we should never try to win back, as if we are in a casino. Usually this leads to the final loss of all money. The only way to regain your losses is to try to make money again, carefully and keeping calm.

However, you will agree that it is very difficult - to calm down and start from zero when you lost everything. I sympathize the crypto losers and wish them more luck.
Precisely, when you lose big amounts and you still have some money to spare you are indeed aggressively trying it again and again, however in order not to suffer same thing we need to learn how to calm yourself, its very depressing when you lose a lot but it is more depressing knowing that you can't do
any better to help yourself recovering, try to learn how to control and keep finding ways how to enhance your skills before trying again.
Kind of situations on where this is similar on a gambling game scenario where when you lose up then you would panic and as long you do know you have the money left you would rush up to chase your loses and this is the same we would definitely done on here on trading world.We know we have still money and making our next possible move will always tied up with desperation which isn't really right at all and as being said we will definitely experience the same thing.
member
Activity: 420
Merit: 10
I hope he might lose the value what he purchased previously but if you hold them until the price starts increasing again in order to make your $10k back. Many people lose the value in the market because due to market fluctuation.
member
Activity: 294
Merit: 10
There are lots of people lose his money in cryptocurrency trading section. There are lots of people make a huge amount of money in cryptocurrency trading. I think if you have a perfect knowledge about cryptocurrency so you can make a huge amount of money in your trading section. Without knowledge no one can make a good profit in his trading. I think you have a lots of gap in cryptocurrency trading, we should learn before then start cryptocurrency trading hope you understand and start learning about cryptocurrency trading.
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