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Topic: One mistake and l have lost all bitcoin (Read 1752 times)

full member
Activity: 180
Merit: 100
July 15, 2020, 10:23:34 AM
The crypto industry is still associated with risk, you should understand this and draw certain conclusions. Do not store all funds in one account, do not risk all funds at once, etc.
member
Activity: 368
Merit: 11
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  When I lost my entire BTC, I felt very bad, please do not do it.      

                                  Thanks for all



Just like you said, this situation might be the biggest mistake of your life so far but it sure did leave you wiser, stronger, and as well to always believe in yourself as trade signals from even the experts can fail any time. I believe with time, you'll be back stronger and wiser towrds taking more calculated risks
member
Activity: 1260
Merit: 21
Worst thing that can happen to you is buying a cion and hoping to hold but suddenly price will dump and you will be left confuse about what to do, according to your post, it seems you made a mistake of not selling while the price was up and now that price has dump hard you regret it, if you invested when price was $30 and it rose to $120 why didn't you sell and cash out? I think you have yourself to blame.
newbie
Activity: 4
Merit: 0
I can relate to the loss of a cryptocurrency especially in a situation where you later realized it could have been avoided. I have always told people after my experience to always be patient and calculative before making decisions regarding crypto trading
full member
Activity: 1190
Merit: 123
★Bitvest.io★ Play Plinko or Invest!
                         1.How did I lose my bitcoin?
       I learned about the ETHBull and ETHBear Token which is the 3x leverage token of the FTX exchange. The price of ether was then below $ 100

                          At that time the price of ETHBear was $ 30 when I invested.Then the price of the Ethereum was around $ 120. At the same time, I panic and I made all my investments on ETHBear in the face of huge profit. 


                2.Big mistake of my life Angry Angry  Angry

    this investment was done at the behest of a youtuber which proved to be a big mistake in my life.Now I have thought that do not invest at the behest of others.
 
  When I lost my entire BTC, I felt very bad, please do not do it.     

                                  Thanks for all


Too bad you learnt your lesson in the hard way, sorry about that mate, I think there's a lesson to be learnt from your experience, and that is "not everything a YouTuber says you should accept or agree to", most times try making your own research before buying or investing in any coin, because most times those youtubers are been paid to create those videos, just to make other people believe the coin/token has potentials when it doesn't.

full member
Activity: 1442
Merit: 106
                         1.How did I lose my bitcoin?
       I learned about the ETHBull and ETHBear Token which is the 3x leverage token of the FTX exchange. The price of ether was then below $ 100

                          At that time the price of ETHBear was $ 30 when I invested.Then the price of the Ethereum was around $ 120. At the same time, I panic and I made all my investments on ETHBear in the face of huge profit. 


                2.Big mistake of my life Angry Angry  Angry

    this investment was done at the behest of a youtuber which proved to be a big mistake in my life.Now I have thought that do not invest at the behest of others.
 
  When I lost my entire BTC, I felt very bad, please do not do it.     

                                  Thanks for all



one thing i always belive in every situation i find myself, i believe it is always a case of training, where i get stronger and learn more from the experience as it can never be forgotten and alos measures to avoid its further occurrences have been developed and deployed to ensure firm resistance against such in the future. I will say you learn from the experience and never fall victim again.
brand new
Activity: 0
Merit: 0
Thats why leverage trading is so risky...
sr. member
Activity: 1624
Merit: 267
If you made a mistake I think that is normal everone of us are.making mistake in doing investment because once we put our money to the coins or investment there is no guarantee that are money will grow or it is possible to lose once we invest to the wrong investment.

We need to be caref in every investment we made becuse that is involve a money .
full member
Activity: 571
Merit: 113
Unfortunately you have to do your research before investing altcoins.

Sorry for your lose.

But every mistake is lesson isn't it Smiley
sr. member
Activity: 1204
Merit: 270
Hire Bitcointalk Camp. Manager @ r7promotions.com
Most people make this mistake in crypto Before doing so you need to know the market well This misconception is also believed by many Especially those who don’t have much idea about Bitcoin and this whole cryptocurrency industry believe this misconception. Many of them think that the price of Bitcoin will continue to rise day by day. Will never decrease.

But this idea is completely wrong Bitcoin is not stable Bitcoin price changes every minute and accurately every 1/2 second But change does not mean that prices go up The price of Bitcoin may go up a lot tomorrow and the price may go down a little bit. Bitcoin prices are a lot like the stock market Then they invest more in greed and don't verify any site then they fall prey to scams and lose their bitcoin Correct your mistakes and analyze the market well.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
With cryptocurrency we don't know how exact will be the growth or the pattern of growth. It moves forward as well as downwards in no time. When we're investing our own money it is a must to research better and invest. If the investment was made upon our own, even a loss will be taken as a learning. When we go on someone's word and leads to loss it hurts a lot. By the time if we experience success out of the same we aren't gonna give the credit to the person who suggested it. This is the common mind of human. This way mistakes are common, we need to correct ourselves.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
Worst thing that can happen to you is buying a cion and hoping to hold but suddenly price will dump and you will be left confuse about what to do, according to your post, it seems you made a mistake of not selling while the price was up and now that price has dump hard you regret it, if you invested when price was $30 and it rose to $120 why didn't you sell and cash out? I think you have yourself to blame.
When there is an opportunity, you have to make the best use of it as much as possible. You have to take the opportunity because at the bottom of the day it is not certain that this will happen again, buying a lower coin and waiting for the high selling price is difficult, let alone waiting for the hype on the coin. like this will be a risk and will not get these benefits, if there is a small percentage for me it's an opportunity that we have to do as long as in the short term.
For the long term I'm really not sure about getting the best ROI.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
  When I lost my entire BTC, I felt very bad, please do not do it.     

Thank you for sharing your story.
Its bad idea to get into not known projects claiming great things.
Bitcoin is true revolution, you think any other project created just after Bitcoin will be revolutionary? Internet was developed around 40 years ago? Bitcoin is first revolutionary technology after internet. Not many chances to people develope new revolutionary technology in next 20-30 years.

Think about it for a while.

Things will be settled after some years of existence, this revolutionary currency will receive more adoptions and once everyone
already accept and used this crpyot currency expect that market will grow and value will
be at the peak.

Regretting can do nothing now, unless you take another step to move forward and learned from the last time you've did.
legendary
Activity: 2296
Merit: 1014
  When I lost my entire BTC, I felt very bad, please do not do it.     

Thank you for sharing your story.
Its bad idea to get into not known projects claiming great things.
Bitcoin is true revolution, you think any other project created just after Bitcoin will be revolutionary? Internet was developed around 40 years ago? Bitcoin is first revolutionary technology after internet. Not many chances to people develope new revolutionary technology in next 20-30 years.

Think about it for a while.
legendary
Activity: 2716
Merit: 1855
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Fomo is bad in both trading and investing in cryptocurrency because you will only be driven by your emotions just to buy cryptocurrencies. I hope you have learned your lesson that you shouldn't be taken by your greed and follow others people's way. Sometimes it is better to trust your own guts, instead of following other people.
Fomo is indeed very bad and will be very detrimental if we invest in coins with prices that are too high and then experience a drastic price reduction. this too I've felt. But the most important thing to reduce losses from FOMO is do not do Cut Loss and throw away money for nothing, it will only cut your losses. hold it better until the loss is reduced. Controlling emotions in trading or investing is one of the things that is difficult, greed will make the strategy to be destroyed. learn to stay calm, do your own research and not trust others' suggestions too much. You have to see who gives the advice, whether you already know this person as a professional in cryptocurrency or not. must choose the right mentor so you don't regret and lose all your bitcoins.
hero member
Activity: 2730
Merit: 632
                         1.How did I lose my bitcoin?
       I learned about the ETHBull and ETHBear Token which is the 3x leverage token of the FTX exchange. The price of ether was then below $ 100

                          At that time the price of ETHBear was $ 30 when I invested.Then the price of the Ethereum was around $ 120. At the same time, I panic and I made all my investments on ETHBear in the face of huge profit. 
obvious that Greed covers you right?you are being Blind of the promise profit not thinking that you are more safer in Bitcoin that these shitcoins.

I know it is hard but you have no reason to stay that feeling because this is only a Learn to experience thing.

                2.Big mistake of my life Angry Angry  Angry

    this investment was done at the behest of a youtuber which proved to be a big mistake in my life.Now I have thought that do not invest at the behest of others.
 
  When I lost my entire BTC, I felt very bad, please do not do it.     

                                  Thanks for all


The question here is "Have you learn your lesson"?

then invest again but this time with trust and patience and never to be greedy looking for huge profit,Be contented in 10-20% income each trade.
10-20% is already big for each trade but this is way much more better and realistic compared if you do set out lines which is really hard to be achieved with this current market condition
when in talks in price movements.
When it comes to the situation being experienced by op where he do believe up into things that are not likely to happen. Yes, leverage can give you that but when listening up others calls
and suggestions then it isnt really that advisable.
Learning up a lesson doesnt necessarily for you to lose money but this had been always the case.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
                         1.How did I lose my bitcoin?
       I learned about the ETHBull and ETHBear Token which is the 3x leverage token of the FTX exchange. The price of ether was then below $ 100

                          At that time the price of ETHBear was $ 30 when I invested.Then the price of the Ethereum was around $ 120. At the same time, I panic and I made all my investments on ETHBear in the face of huge profit. 
obvious that Greed covers you right?you are being Blind of the promise profit not thinking that you are more safer in Bitcoin that these shitcoins.

I know it is hard but you have no reason to stay that feeling because this is only a Learn to experience thing.

                2.Big mistake of my life Angry Angry  Angry

    this investment was done at the behest of a youtuber which proved to be a big mistake in my life.Now I have thought that do not invest at the behest of others.
 
  When I lost my entire BTC, I felt very bad, please do not do it.     

                                  Thanks for all


The question here is "Have you learn your lesson"?

then invest again but this time with trust and patience and never to be greedy looking for huge profit,Be contented in 10-20% income each trade.
full member
Activity: 966
Merit: 153
The moral of the lesson is to never completely believe anyone when it comes to investing. You have to do your personal research, consider the possible loss or gain before putting in your money. the Youtuber whom you followed his footstep might have gained from it, however somethings that favors one person may not favour the other.

Moreover, investment is all about taking risks.
member
Activity: 1120
Merit: 68
I think the lesson here is don't fomo and invest because it will mostly result to regrets, fomo is bad and can make you lose money if not very careful, when a project is already up in percentage it is not wise to invest at that time because the price can just make a reverse and you can lose money.
Fomo is bad in both trading and investing in cryptocurrency because you will only be driven by your emotions just to buy cryptocurrencies. I hope you have learned your lesson that you shouldn't be taken by your greed and follow others people's way. Sometimes it is better to trust your own guts, instead of following other people.
member
Activity: 518
Merit: 23
★Bitvest.io★ Play Plinko or Invest!
Sadly, losing investments are really sad and scary because of the fact that it is lost and wont be replaced anytime soon. It is also suggested that to do not invest all your money into one project. There are many choices and all we have to do is choose wisely. We also need to at least be knowledgeable about the things that we are investing on because it would also help us to predict whether that platform would gain profit.

Losing Bitcoin will serve as a lesson to new users and teach them how to use them properly next time since we can do a lot of things with Bitcoin.
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