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Topic: what is your worst loss in 2021 bull run - page 2. (Read 725 times)

hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
February 26, 2021, 01:04:32 AM
#71
Very often we are haunted by the fear of losing money. The best way to overcome this fear is to learn to suppress the urge to always be in a trade. Do not dwell on your past failures and losses.

Even if you have already lost your funds several times, you should not consider yourself a failure, just analyze your mistakes and try not to repeat them. Greed in itself is a bad quality, it can interfere not only in trade, but also in life. The most striking example is to miss a deposit in pursuit of a small income.
This is a mistake that newbies make all the time, they think they need to be trading in and out of the market all the time to make profits which is why they want to become day traders, and yet someone that makes just a few trades each year could be way more profitable than day traders and the best part is that he will pay very little in terms of fees and transaction costs and if you hold your position for long enough you could even avoid paying taxes legally.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
February 25, 2021, 01:52:38 AM
#70
I just regret not being able to sell Ethereum for $ 2000. even though I had targeted that price before, but due to the rapid rise in prices, and fear of a sudden dump, I chose to sell all of my Ethereum and start all over again this time. however, I also still make a profit, although not as much as when I sold at a high price.
sr. member
Activity: 1246
Merit: 252
February 25, 2021, 12:50:11 AM
#69
I lost a lot in futures trading. when the bitcoin price was 38,000 $ I started short trading and got liquidity at the price 51,000 $, it was my careless thing that cost me money when the market was bull. actually I made a profit on uniswap Dex trading and it was back losing on futures. avoid this trade as the risk is quite high for now. I also suggest that if you are not ready to lose, it's better to avoid it
newbie
Activity: 35
Merit: 0
February 25, 2021, 12:19:15 AM
#68
Begining. I have profit of 1100$ then invested in bnb got huge profit , then invest on ico. then Huge loss. Total loss is 2500$ ....

Now covered... Thanks
In which ICO did you participate? That you recovered in a short time. Unfortunately, my loss wasn't big because I sold some Bitcoin at 52K USD but I got scam by a P2P trade. Where my fault is big, but maybe I think I could recover. I didn't sell Ferrum network at 0.85 USD but the price will recover soon, so losses are zero.

how  you scamed by p to p trading? is it binance p to p?  i thought its safe
full member
Activity: 1750
Merit: 118
February 25, 2021, 12:12:14 AM
#67
you started really nicely because of that over 1k profit and it was like you predicted that the bnb are going to pump because you didnt hesitate of investing in it after your score big from your previous investment but your biggest fail is that why you bother investing in ico when we know that ico is already a bad choice over the years . your loss was over than your profit but how you recover your losses but i hope you did learned your lesson . just dont try risky things but better if you can stick on the things that make you gain .
hero member
Activity: 1260
Merit: 510
February 24, 2021, 09:39:21 PM
#66
My worst loss was not buying TWT when the price was $0.1, at that time I was going to buy it, but because I chose another coin I didn't buy TWT, and not long after that TWT was listed on Binance and the price went up to this day. and I bought TWT when it was $0.75 because I thought it was going to go up $1 and now it went down to $0.6  Cry
full member
Activity: 994
Merit: 100
SAPG Pre-Sale Live on Uniswap!
February 24, 2021, 04:48:16 PM
#65
for 2021 I didn't have as much loss as in the previous year because in 2021 I completely avoided ICO, my losses were when I bought SFP at $4.3 and immediately sold it at $3.6, but lucky enough I sold it because the current price is much lower. If I hold on until now, maybe I will suffer more losses
as if our suffering is the same buy SFP at the highest price and expect the price to go up even more but the opposite a sharp drop occurred
I bought it at $ 4 and I sold it at $ 3.2 Of course the losses occurred and I was lucky I didn't hold because the price is so low now
full member
Activity: 1512
Merit: 115
February 24, 2021, 04:41:33 PM
#64
for 2021 I didn't have as much loss as in the previous year because in 2021 I completely avoided ICO, my losses were when I bought SFP at $4.3 and immediately sold it at $3.6, but lucky enough I sold it because the current price is much lower. If I hold on until now, maybe I will suffer more losses
legendary
Activity: 2394
Merit: 1082
Leading Crypto Sports Betting & Casino Platform
February 24, 2021, 03:16:07 PM
#63
1. Sold 11 BTC @37k
2. Sold a lot of ethereum @1200

I think that i have lost a lot of money caused by this bullish trend as i have not able to sold my portfolio at the peak price but i have been making very good returns by participating in some legit icos like flow, injective, and many more. I have covered all of my losses from my short-term investment.
You are very lucky mate, selling bitcoin at $37k and Ethereum at $1200, and I want to believe that you bought both coins at a lower price than that, personally, I sold 24 Ethereum last year October at $350 dollar each, right now, I feel very bad each time I think about how much I would have made if only I was a little bit patient or I sold  quarter or half and left the rest, this is very big lesson to me and I know I will never make this kind of mistake again as long as I remain in crypto.
plr
member
Activity: 1162
Merit: 24
February 24, 2021, 11:05:46 AM
#62
Begining. I have profit of 1100$ then invested in bnb got huge profit , then invest on ico. then Huge loss. Total loss is 2500$ ....

Now covered... Thanks

This is bull run how can you possibly loss when all the coins are going up, you made a wrong decision investing in ICO, ICO are a thing of the past for me, it will take a lot of time before they can build their reputation and the price of their token, while if you invest on coins that are on the top 10 you are likley to make profit right away, it's always risky to invest in ICO.
hero member
Activity: 2674
Merit: 585
Leading Crypto Sports Betting & Casino Platform
February 24, 2021, 08:32:27 AM
#61
Begining. I have profit of 1100$ then invested in bnb got huge profit , then invest on ico. then Huge loss. Total loss is 2500$ ....
Good thing that you have managed to recover the losses but really even when bull run or any kind of run is going on, investing in ICOs is like kicking away your coins and donating it to the ICO owners. I already stopped investing in ICO since an year or two and I don't know why there are guys still investing money because these investors not just losing money but they also encourage more and more scam ICOs.

I haven't faced any loss apart from selling XRP at cheaper price than I should have a few months ago when SEC saga happened and price was around 0.3 I had to sell my coins because I can't risk any further loss. But it wasn't too big a loss and I managed to earn much more on other coins in my portfolio so no regrets at all.
legendary
Activity: 2436
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
February 23, 2021, 12:26:37 PM
#60
I think so far the worst loss experience that I have now at 2021 is having a wrong entry and exit points for I haven't done a good decision making upon entering and exiting on trading my coins but so far I am doing good already for I have composed myself on observing the market for awhile enabling me to have a better picture on deciding when to enter and have good exit to obtain profit. So far, everything is doing fine and I am pretty much enjoying what I am doing right now because my loss have already been recovered and I am already familiar somehow in the market which makes me not to panic everytime things are not getting along according to my plan.
sr. member
Activity: 1330
Merit: 257
DGbet.fun - Crypto Sportsbook
February 23, 2021, 10:38:10 AM
#59
Begining. I have profit of 1100$ then invested in bnb got huge profit , then invest on ico. then Huge loss. Total loss is 2500$ ....

Now covered... Thanks
I had 0.015 Bitcoin and sold it at $ 42,000, then when the price of Bitcoin went down I was very happy because I felt like I won by selling Bitcoin at a very high price, but now the price has increased to $ 57,000 and it made me regret that I didn't HOLD for the longer, so that I don't lose my $ 225 Cry.

Don't ever regret what we have released. Moreover, you have been satisfied when bitcoin fell from your previous selling price.
I should be so you buy back bitcoins when the price drops and hold it up to a higher price you sell first
hero member
Activity: 2408
Merit: 584
February 23, 2021, 09:39:35 AM
#58
In any investment, we will get two option, profit or loss. We can not always make a profit with the investment, but if we lose, we can back to profit again someday. If you lose and become sad and not trying to recover, you will not have a chance to recover your losses, and even you will get another loss. You should use your losses as your mistake, and still trying hard and believe that you can recover your losses. You are not alone in getting losses because many people also have the same experience as you, even though they got a big loss. The different is, can we rise again after we got the losses?
When you lose and try to recover you should be careful, you could lose even more while doing that if you are not careful about it, you should know what you are doing and why you lost and how you can recover if you want to go down that route.

You can't just lose and stay sad and do nothing, obviously you should follow that up and try to make money back, however you should first stop all trading, and check why you lost and what is the reason, sometimes it is a silly thing that has nothing to do with you and you were just unlucky, sometimes it is a very important thing and you did something vitally wrong, if you know the reason why you lost money, you will be fine and will probably not repeat that again. That is why I am doing, I usually rarely make the same mistake twice, even though I still make mistakes constantly, trading became very profitable gradually when I removed most common mistakes.
legendary
Activity: 2268
Merit: 1655
To the Moon
February 23, 2021, 08:16:34 AM
#57
I just bought $ BAND and $ EOS on Binance, I got the info to buy those coins. However, only 2 days Bitcoin dumped and made all Alt coins dumped. This is the first time I have lost. I hope my assets recover and getting big profits.

This is not the last of the loss that brought us the dump of bitcoin. As expected, the decline in the price of BTC was followed by an increase in dominance, which led to even greater losses for altcoins. Over the past day, positions worth $ 5.64 billion were liquidated, of which $2.5 billion was accounted for by Binance.
legendary
Activity: 2436
Merit: 1207
February 23, 2021, 05:54:08 AM
#56
I think after todays morning, this topic is going to be filled with new posts. Nearly everything had lost 20-25% in price. This is a disaster. Those who had bought cryptocurrency on last weeks Friday must be bitting their nails. And those who had suffered FOMO and send their erc20 tokens urgently, are having a double loss due to 800+ gwei (1300 gwei for a fast transaction) transaction fees.
hero member
Activity: 854
Merit: 506
February 23, 2021, 04:45:24 AM
#55
Begining. I have profit of 1100$ then invested in bnb got huge profit , then invest on ico. then Huge loss. Total loss is 2500$ ....

Now covered... Thanks
I was holding 100 dot coins which I had bought below $3. I sold them just a month before and now I feel sad when I see dot at $40.
Although it is just $4k but it still hurts me because I have been holding it for months ans sold it just a month before bull Run started.
member
Activity: 537
Merit: 10
February 23, 2021, 02:19:56 AM
#54
I would have utilized my capital exchanging altcoins since the market had been swinging to and fro. I got the money for out because of individual requirements which I truly feel terrible in light of the fact that worth has developed on various occasions from that time yet the thing you can't continue to hold everlastingly and to money out for needs is the best activity so no second thoughts truly.
member
Activity: 798
Merit: 17
2023 would most likely be as bearish as 2022
February 23, 2021, 12:39:15 AM
#53
Begining. I have profit of 1100$ then invested in bnb got huge profit , then invest on ico. then Huge loss. Total loss is 2500$ ....

Now covered... Thanks
In which ICO did you participate? That you recovered in a short time. Unfortunately, my loss wasn't big because I sold some Bitcoin at 52K USD but I got scam by a P2P trade. Where my fault is big, but maybe I think I could recover. I didn't sell Ferrum network at 0.85 USD but the price will recover soon, so losses are zero.

how to get scam by binance p2p? its very case.. i have traded many times thats why asking
full member
Activity: 588
Merit: 103
February 22, 2021, 04:54:51 PM
#52
Very lucky you can recover your losses, it is very difficult to do that. The biggest losses to my 2021 bullrun was selling BNB coins at a $ 130, and the next day BNB prices shot high. my fearful nature made up the biggest loss in the current 2021 bullrun period.
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