I lost all my bitcoin - page 4. | Bitcointalksearch.org

affandi

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Quote from: moviebuff777 on January 21, 2020, 10:14:54 AM

Maybe stop doing short selling because it is risky. Cryptocurrency investing is already very volatile so there is no need to add more risk. I suggest buy Bitcoins and hold for about a year.

Well, this is a wise choice rather than having to rack my brain looking for various benefits from crypto or other businesses, it's better to hold bitcoin for some time. no need to worry about missing information about it, because all information about it will still be available here.

Mahanton

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Quote from: yamasis on January 20, 2020, 11:03:15 PM

Going short or long has got me so much money but at the same time, it makes me too bold.

Now what?

Stop doing it? or Start diversified investment in Stock?

or Not at all?

Go back and analyze your errors.Are you aware on bitcoins volatility or crypto overall? If you havent and just newly jumped to this market then better familiarize it because this market
isnt the same with forex or stocks which do have lesser level of volatility.This one is different yet price can swing up on big percentage on one day or even an hour.
Stop doing it? Your choice but if you do accept losses and learn from it then try it once again but this time you are knowledgeable and experienced already.You would able to
tell the difference when you do already able to grasp it in.

moviebuff777

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Maybe stop doing short selling because it is risky. Cryptocurrency investing is already very volatile so there is no need to add more risk. I suggest buy Bitcoins and hold for about a year.

joeperry

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Well I think you should have studied the market first you should know that the market is volatile and can go wild in a matter of minutes. If you ever studied the market you should have known that there's a risk on doing trade and the volatility of it of course if you ever find the market will go bullish you shouldn't be greedy and set an amount on where you will jump and if you see that the market is going bearish after you bought a coin you should set a limit.

It's alright to accept that you lose a small trade because sometimes if you don't jump from bearish market it will damage you more.

peter0425

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Quote from: yamasis on January 20, 2020, 11:03:15 PM

Going short or long has got me so much money but at the same time, it makes me too bold.

Now what?

Stop doing it? or Start diversified investment in Stock?

or Not at all?

if you are not comfortable and profitable in this market then better find somewhere when you can make money because in this investments everything must be ready to wait longer as the volatility of Bitcoin is always hinders us to profit or make money but this is also the way that we can profit high if we can afford to hold longer

FairUser

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Quote from: DeathAngel on January 21, 2020, 08:17:48 AM

Day trading/leverage trading is for idiots.
If you’re not a whale you can’t to any great degree, predict the market because you can’t control it.

Buy & HODL = the only repeatedly proven way of profiting.

Why do you say daily trading is for fools? I have seen many people making daily profits over the past few years. They have a budget of about 5000-10000 $ and every day they make at least 100 $ with it, I think they are experienced and very smart people in this market. For me, buying and holding is only for newbies and has no trading experience in this market

darkangel11

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Don't let others control your BTC -> self custody

most experienced traders will tell you the same thing. Trading with x1 or x2 leverage is ok but going high like 5x+ is not trading but gambling. There are people who make money liquidating noob traders because it's easy and profitable when you have enough money to do it.
Rich people will manipulate the market and poor greedy traders will always lose the most.

3la9l_kolbaCa

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Quote from: Youghoor on January 20, 2020, 11:34:53 PM

Such is life mate. Some people learn it the hard way and others don't. In as much that you lost your Bitcoin, life still goes on. Get a real job and everything will be okay.

Having a real job these days can't sustain longer if you desire to earn a better income for your family, but for survival we need to find the job that fits on our capabilities. You're not alone in losing all the bitcoin profit which is supposed to be yours, I myself experience the fall of my finances. It made me more eager to face life's challenges, and correct what mistakes I did from previous years.

btc78

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Quote from: yamasis on January 20, 2020, 11:03:15 PM

Going short or long has got me so much money but at the same time, it makes me too bold.

Now what?

Stop doing it? or Start diversified investment in Stock?

or Not at all?

stocks is way far from Crypto investing and if you want to diversify ?then start finding good altcoin to put some percent of your money.
not unless if you have a Knowledge on how stocks goes?then maybe
considering it is one of the option.
just stay in Long time Holding and just leave it for sometime.
so when you come back there is a changes in your investments value.

traderethereum

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Quote from: yamasis on January 20, 2020, 11:03:15 PM

Going short or long has got me so much money but at the same time, it makes me too bold.
Now what?
Stop doing it? or Start diversified investment in Stock?
or Not at all?

How could it be? Did you analyze before you trade? That is strange if you already analyze the bitcoin and lose in trading unless you don't see anything and make a random buy, but suddenly, the price is going down.
Well, that is your mistake. But I guess that you use leverage trading as many members said. If you don't have good skills in trading, then leveraged trading is not recommended for you.

hendra147

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The first lesson in trading about patience. If trading without patience. All is destroyed. Assets will be lost. Especially in margin trading. When you are correct in predictions, it will be more than 2x (depending on leverage) but if you are wrong. All will be gone. After what you experience, it's best to buy with the rest of your funds and start trading calmly.

DeathAngel

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Day trading/leverage trading is for idiots.
If you’re not a whale you can’t to any great degree, predict the market because you can’t control it.

Buy & HODL = the only repeatedly proven way of profiting.

bluebit25

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Quote from: MURONDI on January 20, 2020, 11:20:46 PM

let me guess, surely you do leverage trading, leverage trading can indeed maximize profit, but the risk is also very big, very not recommended especially for beginners, in this forum there are many who trade bitcoin but don't lose all bitcoin, so far my bitcoin is still okay, because I trade normally without leverage.

Leverage trading is actually a very risky form, you can make a lot of money with it but also quickly burn the whole account if the market does not go according to your predictions. I also did not choose this trading method, I traded the traditional way and so far I am fine. Not losing too much since joining this market

imstillthebest

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thats impossible if you will loose on both terms most especially on long term because long term is known as the less risky or safe way . if you loose it only means that something isnt right on what you do . it does need to diversify if you are only investing in bitcoin but you can diversify if you decide to pour the money on other coins . depends on you if you want to stop or continue . if you are tired of the same sh*t then better take some rest . and learn more a while .

Genemind

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If you have lost your Bitcoin because of a long decision, everything doesn't end there. You must go on with your life. There are lots of things being offered outside cryptocurrency if you have lost all your hope for this. You have to move forward and learn from your mistakes. You can't blame Bitcoin because Btc alone will still be a digital currency without us. Try to continue learning while searching for more opportunities to earn. We can't do trading perfectly without losing sometimes.

Asmonist

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Its good to diversify to have more options and buffer in case of losses. There are really situations to loss in trading and I personally experience it too. Nevertheless, I'm still encourage to earn and trade bitcoin. Its part of the risks that we need to prepare and that is diversification of our assets.

Images21

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Quote from: LogitechMouse on January 21, 2020, 07:07:23 AM

Quote from: yamasis on January 20, 2020, 11:03:15 PM

Now what?
Stop doing it? or Start diversified investment in Stock?
or Not at all?

Stop doing trading? I think you should but don't stop investing on Bitcoin but instead change your strategy from trading to buy and hold strategy

Diversifying your funds into different investments is a good idea only if you have a large funds. Having a large fund means that you can pick many stocks and invest big amount of money there. If you don't have that much money, 2-3 investments is fine already (disregard Bitcoin). In the end, it is your decision to make. We are just sharing our opinions. Good luck

Why stop trading? Just because you failed in it once does not mean you will fail in it all the time and the rest of your life. Learn something from it and make yourself a better trader in the future. Every trader failed many times in their lives as a trader. That is something I am 100% certain. The road to expertise and success will have failures on it.

Astvile

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Go on what you feel like is right. If you want to push investment in bitcoin which most the people here would recommend I suggest you go and study more things about trading, more knowledge will help you profit. Now if you feel like you want to push investing in bonds because you feel it more to be better than bitcoin then go, nonetheless, both of them are good investments.

LogitechMouse

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Quote from: yamasis on January 20, 2020, 11:03:15 PM

Now what?
Stop doing it? or Start diversified investment in Stock?
or Not at all?

Stop doing trading? I think you should but don't stop investing on Bitcoin but instead change your strategy from trading to buy and hold strategy

Diversifying your funds into different investments is a good idea only if you have a large funds. Having a large fund means that you can pick many stocks and invest big amount of money there. If you don't have that much money, 2-3 investments is fine already (disregard Bitcoin). In the end, it is your decision to make. We are just sharing our opinions. Good luck

Darooghe

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You should change your mindset. You believe in the tech or you don’t, if you are just in for short term profits and not willing to put time and effort in it, you will lose. I recommend instead of trading, just do investing in Bitcoin and Hold for at least 3 years. I love HODLing because people who believe in the tech aren’t stressing out everyday. All those ignorant quick profit seekers deserve to lose. It’s not about any coin it’s about the tech and one thing for sure, this tech is gonna change the world as we know it, and although I lost too mush in day trading, but I’m still loving it and I learned to invest and HODL.

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