That's gold!
I feel those eyes scorching me
Topic: This is the thread where traders admit to making a net loss. (Read 2253 times)
That's gold!
I feel those eyes scorching me
I have a net loss...of fucks given! 
Those who have a net loss from trading won't be around long enough to post. They will lose it all or pull out when they realize they can't trade. Few will take the time to learn what they are doing wrong and fix it.
Net losses are nothing unusual and nothing to beat yourself up over. Everyone takes net losses sometimes, esp in a market as unpredictable as this one. So shove your "either you got it or you don't" bs up your ass.Those who have a net loss from trading won't be around long enough to post. They will lose it all or pull out when they realize they can't trade. Few will take the time to learn what they are doing wrong and fix it.
Aww! Tell me how you really feel!
Is there something else you want to tell us? Maybe that you missed the train today, or that you didn't get out above your buy-in price?
I didn't say "either you got it or you don't". You did. I just said those who can't aren't going to continually pump money in if they keep losing it, ergo they won't be around long enough. That said, trading is not for everyone. Either you got it or you don't
If you don't, take your coins around back to the HODLers corral.I also agreed with someone else who said all traders take losses on occasion. It is indeed normal. But that isn't the same thing as a net loss. A net loss is when your losses are greater than your gains, in which case, you can only hang for so long until you're out of money. Some take the time and have the observational skills to figure out what they are doing wrong and fix it.
I have a net loss...of fucks given!
Those who have a net loss from trading won't be around long enough to post. They will lose it all or pull out when they realize they can't trade. Few will take the time to learn what they are doing wrong and fix it.
Net losses are nothing unusual and nothing to beat yourself up over. Everyone takes net losses sometimes, esp in a market as unpredictable as this one. So shove your "either you got it or you don't" bs up your ass. Those who have a net loss from trading won't be around long enough to post. They will lose it all or pull out when they realize they can't trade. Few will take the time to learn what they are doing wrong and fix it.
Had my biggest day ever, hit reverse @ 620 and erased it all.. oh man the pain...
Well, I bragged when I made profits earlier this year, so it seems fair to own up to the losses as well. Bought back in earlier today at a loss compared to the preceding trade pairs, to the tune of -61 BTC. Some Days You Eat the Bear... and so on.
I have a net loss...of fucks given!
The only bad BTC purchase I ever made was in December, around the time of that bubble. Bought 2 @ ~$1,000 each. Although technically I haven't lost anything because I haven't sold 'em yet :p
i lost more than 1k dollars on bitcoin bought on 1150 dollars... But i am experience now. Always winning.
I sent 1 BTC to Bitstamp and played with it. I was up to 1.05 BTC, then managed to turn it into 0.9 BTC.
I found the experience (even though it was only a couple of % of my BTC) to be more stress than I cared for. I am sure that I would get better with time and research, but I have decided that my temperament is much better for just HODLing.
I found the experience (even though it was only a couple of % of my BTC) to be more stress than I cared for. I am sure that I would get better with time and research, but I have decided that my temperament is much better for just HODLing.
Lost 501 Goxcoins... Cheers Mark! 
I was up by 5 BTC in my trading over the past few months. Now i'm down by 1000$ overall because of my BTC and fiat loss from gox.
My havelock investments are a net loss in Bitcoin terms.
LOL, no shit!
Lost 20% Litecoin holdings in 1 day for being emotional.
I have lost a lot of Bitcoins because MtGox gone bankrupt. 
Jesus Christ, that seems like a good omen.
I have believed for some time that Bitcoin is the crypto spawn of Satan.
An NSA project from its beginnings in the mid 90s, to its deployment into the global arena as some kind of libertarian digital money of freedom.
The blue-print for a NWO global digital currency which will be brought in after Bitcoin blows up one day and wipes out hundreds of billions of wealth and impoverishes masses of people who had put their faith in it.
"Hackers! decentralised nature! backed by nothing! save us!"
They will cry.
If it were an NSA project, and there is no reason why it wouldn't be as they have been working on this sort of shit for years. Then they don't need to ramp it, they just need to make sure it doesn't fail.....at least not until its job is done.
I hardly think making sure Bitcoin stays buoyant would be beyond the technical means, financial capabilities (could easily be done with net profit overall) of the NSA and or too much an ask of the political will of those responsible for sponsoring such a project.
It is irrelevant who created bitcoin because the principles governing it and the fact that it is an open source client means that any part of it can be changed. What will be interesting is where zero-knowledge proofs an the like will take cryptos.
I would however quickly subscribe to the theory that the US gov. might have had a hand in the Gox coin loss because it makes much more sense than the NSA creating a cryptocurrency based on encryption that they themselves most likely can't easily break/break at all if implemented properly. The public ledger might help them track the flow of funds but like I said you are basically giving away the blueprint for much stronger versions with more anonymity. On the other hand any government that remotely considers bitcoin to succeed might want to have a large stake in it so it could exert some control over the market.
Jesus Christ, that seems like a good omen.
I have believed for some time that Bitcoin is the crypto spawn of Satan.
An NSA project from its beginnings in the mid 90s, to its deployment into the global arena as some kind of libertarian digital money of freedom.
The blue-print for a NWO global digital currency which will be brought in after Bitcoin blows up one day and wipes out hundreds of billions of wealth and impoverishes masses of people who had put their faith in it.
"Hackers! decentralised nature! backed by nothing! save us!"
They will cry.
If it were an NSA project, and there is no reason why it wouldn't be as they have been working on this sort of shit for years. Then they don't need to ramp it, they just need to make sure it doesn't fail.....at least not until its job is done.
I hardly think making sure Bitcoin stays buoyant would be beyond the technical means, financial capabilities (could easily be done with net profit overall) of the NSA and or too much an ask of the political will of those responsible for sponsoring such a project.
Jesus Christ, that seems like a good omen.
I have believed for some time that Bitcoin is the crypto spawn of Satan.
An NSA project from its beginnings in the mid 90s, to its deployment into the global arena as some kind of libertarian digital money of freedom.
The blue-print for a NWO global digital currency which will be brought in after Bitcoin blows up one day and wipes out hundreds of billions of wealth and impoverishes masses of people who had put their faith in it.
"Hackers! decentralised nature! backed by nothing! save us!"
They will cry.
If it were an NSA project, and there is no reason why it wouldn't be as they have been working on this sort of shit for years. Then they don't need to ramp it, they just need to make sure it doesn't fail.....at least not until its job is done.
I hardly think making sure Bitcoin stays buoyant would be beyond the technical means, financial capabilities (could easily be done with net profit overall) of the NSA and or too much an ask of the political will of those responsible for sponsoring such a project.
Jesus Christ, that seems like a good omen.
I have believed for some time that Bitcoin is the crypto spawn of Satan.
An NSA project from its beginnings in the mid 90s, to its deployment into the global arena as some kind of libertarian digital money of freedom.
The blue-print for a NWO global digital currency which will be brought in after Bitcoin blows up one day and wipes out hundreds of billions of wealth and impoverishes masses of people who had put their faith in it.
"Hackers! decentralised nature! backed by nothing! save us!"
They will cry.
Lost 150 coins when the first silk road was shutdown. Boy did I read that prediction wrong.
Haven't traded since.
Haven't traded since.
My trading position has an entry level of $515
Still up, hoping I won't take a loss on it
Still up, hoping I won't take a loss on it
Jesus Christ, that seems like a good omen.
I have believed for some time that Bitcoin is the crypto spawn of Satan.
An NSA project from its beginnings in the mid 90s, to its deployment into the global arena as some kind of libertarian digital money of freedom.
The blue-print for a NWO global digital currency which will be brought in after Bitcoin blows up one day and wipes out hundreds of billions of wealth and impoverishes masses of people who had put their faith in it.
"Hackers! decentralised nature! backed by nothing! save us!"
They will cry.
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