Topic: I lost 10000$ in trading, what should I do? - page 4. (Read 1847 times)
With so much money you should be calm and patiently holding the coin you invested in, in my opinion the coin you hold will grow again, so patience is the key to success.
for a beginner in bitcoin trading is to start with small capital. but it has already happened, and you want to generate crypto / profit from the bounty. You can visit the bounty campaign section in this forum. please read the instructions, and the rules for participating in the bounty. after that, choose a bounty that you think is good. so you can give you profit.
I believe everyone loses money when they start trading especially crypto due to its mad volatility. I think it is just a price to pay for the experience you have acquired. The key is not to get discouraged by your loses as you understand the market more your win-loss ratio will definitely change.
You also have to understand that you invested in bitcoin at almost ATH and the market retracement is normal. You have already got a taste on trading switching to another model is not wise if you ask me. If you continue sharpening your trading skills you might just make it.
Good Luck either way!
You also have to understand that you invested in bitcoin at almost ATH and the market retracement is normal. You have already got a taste on trading switching to another model is not wise if you ask me. If you continue sharpening your trading skills you might just make it.
Good Luck either way!
If you still want to use crypto as a way of earning money, you should invest in knowledge which is about finance, crypto and things like that. After that, you can spend a little money on trading to apply all you have learnt in a real market. And gradually you will be success
Losing of $10,000 in trading is too much. We didn't know when you buy btc is on its peak at that time up to now that is why it is very difficult to recover. If you will join in bounty program, you will receive little income because of your rank.
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.
any better to help yourself recovering, try to learn how to control and keep finding ways how to enhance your skills before trying again.
This is a massive loss and same issue has additionally happened with me in which I lost maximum of my make investments but I did now not surrender started out from primary again and work difficult and begin with small funding again and slowly I develop up my portfolio once more and now i've recommended you that you should a terrific approach to turn your attention on bounty program
That too much loss, in bull market you can make that money in to 10 times profit. I think greedy was bring you to big loss because you used margin. If you did not use margin you can still recover that loss by trade remaining balance with other altcoin or keep hold and wait for next bull market. Crypto Margin trading is very high risky, so you should be use not more than 5% of your trading balance. Currently bounty program also not really profitable because some ICO failed, i think good way to recover that loss is by start trading again in spot trading and not margin trading.
You should wait for more time and be patient. If you sell your coins then never come back to cryptocurrency investment but if you hold your coins then you should wait for more time. in the far future the price will go up again and it is because of the growing investment cap. After all bitcoin is the leading crypto in the market and is still number one in the world.
Learn from your mistake and never repeat it again,
You should learn from your mistake and keep on moving on,always positive thinking and keep calm
You should learn from your mistake and keep on moving on,always positive thinking and keep calm
in your case, nothing more remains to wait for a good price. until you sold the coin, you lost nothing.
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.
Yes, "the future is for the cryptocurrency".
This means that cryptocurrency could still rebound to even higher price limits than the $17000 entry point you bought in.
Just relax and keep holding your bitcoins. You can distract your mind from the feeling of regret and loss by doing bounty tasks or airdrops and accumulating other coins for you never know how the future may be.
Try hard not to sell your coins because it is when you do so that you truly lose.
Good luck.
This means that cryptocurrency could still rebound to even higher price limits than the $17000 entry point you bought in.
Just relax and keep holding your bitcoins. You can distract your mind from the feeling of regret and loss by doing bounty tasks or airdrops and accumulating other coins for you never know how the future may be.
Try hard not to sell your coins because it is when you do so that you truly lose.
Good luck.
10000$ 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.
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 think as a newbie in trading you should not start trading with 10k$.I saw many traders give signals to buy a coin.Most of them are paid or have groups to pump a coin then they sell their coin in profit and others people lost their money.For newbie,invest low research more.When I started trading my first invested money maw 75$ and I sold that coin 190$ then I bought few coin 190$ and sold at 500$. Before start trading make own research and then buy.Don't jump to buy any coin hearing any signal.I saw many trader told that that this coin is going to hit 100$ but I saw that coin is totally bullshit. 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?
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?
Bounty program is very profitable just that it is hard to make money from it and you should be ready to spend quality time to work. The most important of it all is been able to select a good project and bounty to promote. You should know that to recover your loses you must participate in many bounties and ready to follow the rules. 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?
Losing $10k is big money, and hopefully, you can recover your loss in the future. And if you still have bitcoin in your wallet, don't sell right now and keep it until the price can increase to the higher price. And related your question about the bounty, I think you need to research by your own because there is too many ico in here and you need to find which is ico that can give you profitable in a long time.
But for your information, many of the ico projects delay their reward to the participants, and we don't know what the reason behind this is. So you need to think about this before you join with the bounty campaign.
Maybe it still profitable to join with the bounty but as I said, it is too difficult to get the legit ico today because they are too many and we cannot find in the short time.
But for your information, many of the ico projects delay their reward to the participants, and we don't know what the reason behind this is. So you need to think about this before you join with the bounty campaign.
Maybe it still profitable to join with the bounty but as I said, it is too difficult to get the legit ico today because they are too many and we cannot find in the short time.
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?
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?
Although you lost 10K in trading but best part is that was the amount you could afford to lose, you must have gained a good experience out that but a bit expensive, I have gone thr such situation as well, trading is first of all not for everyone, if you are not able to control your fear and greed than trading is not for you, second part is you must have some base to take any trade, means a strong reason behind taking a trade, third you should have a clear target and SL in trading, there is no place for emotions, Suppose you bought BTC at $17K with a hope that it will go to $20k but it comes back to $14K which is your last risk then you should cut down your position there, sometimes what happens as soon as you cut your position it start rising and that is the point where emotions play role, next time you do not cut the position and it will slide to $6K, so everything should be pre planned in trading.
Rest it is the best time to hold crypto currency, you can go for some good coin and hold it for next 1-2 years, it may give you good profit. Regarding bounties, so many projects are running you can join any of them but before joining read about the company, project concept, percentage of rewards etc, that will be plus point.
Sorry if you lose 10000 then you can do now is look back to find out why you lost the dollar and then you should fix them as well as you should find new business plan. To recover the money you lost and you will soon get back your lost money
Yes, many people lost much money due to the unexpected fall of the market. meanwhile, the best way out now is NOT to sell the rest of the cryptos and wait when they grow.
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.
I think the money you lost is very large and you probably did not finish the right time. Trading is very risky but also very profitable but if you do not have the right strategy will easily get the unfortunate consequences. Because the crypto market is changing fast and complex.
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