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Topic: One mistake and l have lost all bitcoin - page 2. (Read 1752 times)

hero member
Activity: 1428
Merit: 506
It happens to me also investing in a certain coin and I have lost my capital. Lesson learned to do diligence  when investing in crypto. An eye opener to some that there is always a risks and always study first the project before putting money into it.
legendary
Activity: 1638
Merit: 1033
There are very few people who work online but have not been caught by a scammer. You may encounter such problems when working with online currencies. Don't get too frustrated with these and move forward. That's happened to me and I spent the day in a very painful situation with it. It will be better if you learn from it and move forward.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
This is why its important to have good orientation and education about the system before making investment, the possibility of scams and losses in the ecosystem is quite high,would suggest a platform where beginners would learn everything they need to know about bitcoin before throwing themselves into the system and having regrets on the long run

Do you think being enlightened on how bitcoin works in the market and in the system?

Most of the bitcoin holders are really not comprehending those knowledge that they acquire from watching videos, reading books, and advice from other professionals that's why they end up having huge losses. In bitcoin investment, you should be aware of those possibilities especially those risks that can ruin your assets.

If we know someone who are struggling in a bitcoin investment, don't hesitate to help them grow and learn so that we can minimize these kind of instances that they are losing their money due to ignorance.
jr. member
Activity: 448
Merit: 4
Thank you for sharing your depressing experience,these may serve to others as guidance to be more careful in investing or in trading. And i'm also hoping that you have learned from it, never trust so easily to others. make some research first before investing and putting your huge amount of money.Don't be greedy it will bring you disaster.
hero member
Activity: 1778
Merit: 722
Leading Crypto Sports Betting & Casino Platform
Well, maybe it was a totally sad story for you in the place. But, in the other side of the story you learned a valuable lesson in this market. Even if you lost 10K usd or more, you didn't actually lose this money, you paid it to learn a lesson. Worth it or not that what you paid and what you got. Now it's you to decide use this experience for your future or not. About the YouTuber, I would suggest you to make decision yourself instead of inspiring from a random guy from YouTube. Because if you was wrong you actually paid for his mistakes and won't learn anything from it. Even if the adviser was right you just got some profit out of it without knowing how.
legendary
Activity: 3248
Merit: 1179
In this case I will not inculpate the YouTuber completely. Because they had provide some informations about Eth bull and bear token which is interesting and should be known by all. I think he also said that here is a high risk to invest bull and bear token. So my opinion is that before investment you should go through technical analysis to be sure about ETH price in future.
Or you must use stop loss as you are investing in leveraged token but you didn't do that. So practically you were unconscious about your investments.

So I will tell all others here not to be a gambler in Crypto trading. Always do proper analysis and make sure about your investments and always use stop loss to keep your funds safe if market crashes suddenly.

Hoping best for you mate.

And let's just add that proper analysis is not watching one youtuber and believing him with all of your money, it'w watching at least a few of them and then deciding what to do. It's the same with every other signal from telegram group, or some social network, you need to check and recheck if you don't wish to throw away your hard earned money. Sadly many people don't have time for that, they blindly believe in huge promises, and in most cases these people lose their capital. Some people learn from reading and studying, some people need to make a mistake and to learn only then.
full member
Activity: 1330
Merit: 147
                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
I often see another people strategy and even I join in some group which called as a signal pump and dump group in telegram, there are a lot of information given by the admin that they are will pump a certain coin.

So far the telegram group has given a profit to me, but when I get an information that they will pump a certain coin I'll check everything about the coin first. I try to find a bunch of information again the coin especially fundamental factor.

If there is a good information against the coin I'll buy the coin and hold as instructed by them. When the information is trully happen I'll use a trolling profit, it needs a more times to see the price movement but I always enjoyed it. My conclusion is you'll be find if you take another people intruction for your money with one note you are confident that you'll get profit and you have analyzed it by yourself.
member
Activity: 115
Merit: 28
In this case I will not inculpate the YouTuber completely. Because they had provide some informations about Eth bull and bear token which is interesting and should be known by all. I think he also said that here is a high risk to invest bull and bear token. So my opinion is that before investment you should go through technical analysis to be sure about ETH price in future.
Or you must use stop loss as you are investing in leveraged token but you didn't do that. So practically you were unconscious about your investments.

So I will tell all others here not to be a gambler in Crypto trading. Always do proper analysis and make sure about your investments and always use stop loss to keep your funds safe if market crashes suddenly.

Hoping best for you mate.
legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
It's good that you shared this. It is part of the process of accepting and letting go of that mistake. Don't waste time thinking about the mistake. Just learn your lesson and move on. Remember that there are no free "pies" in this world. Always ask yourself - if I make 10%/day how comes that not all the people do it? Are you special (worked hard or have extensive knowledge on a subject) or is there something fishy in the middle?
hero member
Activity: 1218
Merit: 557
I have a friend, seriously not my story but this friend basically is more of a panicky type of person. This happened during the ATH of Bitcoin and crypto in late 2017. He got some ETH and he wants to sell it but the youtube guy says don't sell it cause it will go higher still. Then comes January 2018, big mistake he said that he did not wait for ETH to fall down farther so he sold with a little profit. I told him that is the nature of trading, you need to be very careful.

The major problem is that people do not learn them self or do not want to do their own research and based on someone's video and any recommendation they blindly follow them. It is good to take advice and help to wider your horizon but one should be able to take a call by themselves and make their decision as in near future this will become experience and one would be self-reliant and will be able to buy/sell by them self.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
It's very pity, but now you are smarter and want to learn others. If you listen Youtubers, than you should ask advice to another neat traders and decide. You may ask and read information also on different forums.
We can listen to YouTuber but we must not follow what they are saying just like that because if we does then expect losses from time to time.

There are so many ways to learn and earn here but first let us not becoming fool and stupid to just Buy everything people advises us.



OP had made a Mistake but i am sure he had already learn the lesson and now He will be more precise and directive and won't just buy Words from others.

In Short Stupidity is just part of past and we must not live unto this.
hero member
Activity: 2282
Merit: 659
Looking for gigs
                         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



I understand how you feel, because I’ve felt the same way before when I made a bad decision in an opportunity where I lost some tokens too. However, we should learn to move on after losing a certain amount of money from those opportunities that aren’t promising at all.

On a brighter note, we’ve learned our lessons and make us better in decision-making if these kinds of unpromising opportunities are gonna knock through our doors again.

I have to be honest with you man. Way back before I’m getting serious in cryptocurrencies, I’ve already lost a lot of money because of careless decisions such as bank phishing scams, etc. My heart went drowning and it’s hard for me to accept that mistake. However, we can’t change the past anymore. Let’s just move on and focus in getting better of our lives, especially the decisions we have to succeed in the cryptocurrency and blockchain industry.
sr. member
Activity: 952
Merit: 274
I have a friend, seriously not my story but this friend basically is more of a panicky type of person. This happened during the ATH of Bitcoin and crypto in late 2017. He got some ETH and he wants to sell it but the youtube guy says don't sell it cause it will go higher still. Then comes January 2018, big mistake he said that he did not wait for ETH to fall down farther so he sold with a little profit. I told him that is the nature of trading, you need to be very careful.
It is really sad and I think it is better if we will not do the same mistakes that he did. What I mean is we should not rely our decisions of others opinions. There are a lot of fake gurus out there that can lead us to do huge mistakes. It is really better if we are the one who will decide but make sure that we have enough foundation about the investment that we are doing or about thr coins that we holding. We can take profit in the right moment if we habe basic knowledge for sure.
member
Activity: 385
Merit: 12
Before trading you must analysis the project and study about chart, project and team etc.Because if this things are good and strong then there is a great chance that project will be successful.

People often think that youtubers are great analysis thats why they blindly believe them and but the consequences of this investment affects only you not youtubers.

So never panic and never trade any coin hearing others advice. You study and invest and if fail then you can blame yourselves.And it will teach you a lot which will help you later

Okay in crypto it always happens.So Don'tbe sad.Move forward and stay with crypto.And Never invest  such coin which will give you hope that you will earn double triple etc in a short time.Because patience has its own reward and in cryptocurrency trading,patience is a must. 
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
I have a friend, seriously not my story but this friend basically is more of a panicky type of person. This happened during the ATH of Bitcoin and crypto in late 2017. He got some ETH and he wants to sell it but the youtube guy says don't sell it cause it will go higher still. Then comes January 2018, big mistake he said that he did not wait for ETH to fall down farther so he sold with a little profit. I told him that is the nature of trading, you need to be very careful.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
This is not the first time when a person has lost money by following others' advice.
If you blindly trust a person then you will surely have to face the consequences.
If you don't do the research on your own, you will surely have to face the loses.
You should have atleast read a few threads on this forum before making such a mistake.
Anyway, you have suffered the loss and realized your mistake. Make sure you don't repeat it and take it as a positive experience.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
Trying to be optimistic, you a lesson and you paid for that not so much. Anyway, the bigger mistake would be investing in Bitcoin in 2017 Wink

Lol if you invest in Bitcoin at middle of 2017 who says that is the bigger mistake?the price climb up to 20k so if you Bought at 10k in 3rd quarter surely in 4th quarter you already earn double before December ends.
And Bitcoin never been a bad investment it only depends on our capacity how to maintain and manage our investing.
the more we eager to earn is the more we are being panicked.so stop expecting fast instead learn to wait and patient.

newbie
Activity: 80
Merit: 0
This is a very expensive experience that happened with you buddy. I had also face a similar situation like you. Now I am very careful about this. Don't quit dear. Just handle the bad situation and keep going. Good wishes for your Future Kiss
member
Activity: 994
Merit: 11
Daxetoken.net
 Don't rely your investment to others even in youtube. Also always remember the crypto sayings,invest only the amount that you can afford to lose so that you will not regret if ever you face some loses in investing. Also panic selling is always the way to loses so be a risky investors which not afraid on the downtrend of the crypto market. Don't stop investing because of your mistake instead use it as a challenged and stepping stone on your next steps. Also thank you for sharing your experience here because it could be a reminder and help for others to learn more before investing.
hero member
Activity: 2268
Merit: 588
You own the pen
You cannot use Youtube as your mean of a decision to invest in some project where you gonna lose something big if it's messed up like what you've experienced. Now let me tell you, almost everyone here had some bad experience like yours when they are new in this industry including me. That's why you need to reflect on some point and don't repeat the same mistake that you've made. That's how it goes here man, we need to learn a lot before making any moves on investing. reading such experience like this will make the others grow and not do what you did there. thanks for sharing it with us and hope that you can move on.
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