whats you biggest day trading loss | Bitcointalksearch.org

sexylady13

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Quote from: udayantha11 on July 08, 2018, 01:39:07 AM

this is to aware the newbies who going to start crypto specially day trading.

i had portfolio 4400 usd, i entered to day trading. i lost almost 1500$ , now my portfolio is 2800$n ... i have done stupid day trading on non - popular tokens.

please get a advice , if you do not know anything about day trading its better to avoid from it

If you are not afraid of such losses - continue to trade. One of two things will happen - either you will get tired of the losses and start trading very cleverly and neatly, or you will be tired of losing big and realize that your brain is not created for daytrading. Personally, I had a second option. I began to lose money quickly and panic, and then I realized that it's better not to risk my money and buy tokens for a long time.

nunibanuni

newbie

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Its really not advisable for a newbie to do day trading without knowledge about it. Trading is a thing that we should study, research and give time to learn. I read one post here saying that we should not let our emotions take over our mind or else we will get burn.

Behene

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I still continue my investment in Crypto even though I have lost 70% of the money I hold is the best way to avoid losses

lincolnmad

sr. member

Activity: 658

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My biggest day trading loss is when the bitcoin price dropped so hard in the early of this year, I keeps thinking that the price can go up again but the price keeps going down until right now but there is nothing I can do, so I just cutloss. Imagine if I sell all my coins on the end of the year 2017, maybe I can get so much money than today.

polyballz

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Quote from: udayantha11 on July 08, 2018, 01:39:07 AM

this is to aware the newbies who going to start crypto specially day trading.

i had portfolio 4400 usd, i entered to day trading. i lost almost 1500$ , now my portfolio is 2800$n ... i have done stupid day trading on non - popular tokens.

please get a advice , if you do not know anything about day trading its better to avoid from it

It's normal to lose your profits because of this bearish market. because now it's very difficult to predict which cryptocurrency will rise and which will fall so it's almost impossible to find a good coin to invest here. it's better to stay away than to lose.

scrtrp

newbie

Activity: 41

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The biggest loss is that I have been holding Bitcoin for too short a time and I just sold it. I have a deep understanding that investors who are cryptocurrency markets must have enough patience and patience. I gain more wealth

raddish

newbie

Activity: 252

Merit: 0

Quote from: udayantha11 on July 08, 2018, 01:39:07 AM

this is to aware the newbies who going to start crypto specially day trading.

i had portfolio 4400 usd, i entered to day trading. i lost almost 1500$ , now my portfolio is 2800$n ... i have done stupid day trading on non - popular tokens.

please get a advice , if you do not know anything about day trading its better to avoid from it

I can feel you day trading is something more complex which require more time and effort compare to long term trade if you does not have the knowledge please stay away before you get hurt. Due to greed i once lost almost 50% of my portfolio to the market.

binghope

newbie

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I do not trade by date, I only trade for a long time. I usually hold for long periods and I always choose the potential coin to hold.

imopogicute

jr. member

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for now.
I'm not losing money because I'm afraid to invest. because the low sales of tokens
So now I'm doing, I'm joining a project to receive a token and sell for a high exchange rate on the market.

but learning to trade will buy tokens and will teach me to know when to sell.

badykvik

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Quote from: udayantha11 on July 08, 2018, 01:39:07 AM

this is to aware the newbies who going to start crypto specially day trading.

i had portfolio 4400 usd, i entered to day trading. i lost almost 1500$ , now my portfolio is 2800$n ... i have done stupid day trading on non - popular tokens.

please get a advice , if you do not know anything about day trading its better to avoid from it

There was also a time I lost as much this same amount to day trading and that was due to lack of experience and knowledge of trading and I think it is very good for you to have background knowledge of trading and very good experience for you not to make big mistakes and you should also know when to buy and sell and you should also not be too greedy.

bubidan.id

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Quote from: udayantha11 on July 08, 2018, 01:39:07 AM

this is to aware the newbies who going to start crypto specially day trading.

i had portfolio 4400 usd, i entered to day trading. i lost almost 1500$ , now my portfolio is 2800$n ... i have done stupid day trading on non - popular tokens.

please get a advice , if you do not know anything about day trading its better to avoid from it

If you want to day trading, do it with a popular coin. like BTC, ETH, ETC, BCH, XRP... this coin is so popular and has big volume.
If you had day trading with the non-popular coins you will lose the money, cause I have experience with it. to avoid it better to use popular coin which has big volume and speculative/volatile.

Sendi blackspade team

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It's good I never experienced major losses in daily trading, I was lucky I always benefit when daily trading. If the asset has decreased the value of my vote for holding assets of a few days or I traded with other assets. that's how I earn a profit.

Mohamme

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Activity: 224

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Because I am good at analysis chart, so I'll often get me by day trading profits, but sometimes I felt chagrined at the, because when I sleep, then the policies of other countries friendly information could make the whole market has a sharp rise, but most of the time, I will miss this and lose my money.

abruchifid

newbie

Activity: 112

Merit: 0

My biggest trading loss in a day was about 500 USD, i was new then and did not really know there are pumps and dumps episodes

vallydelly

jr. member

Activity: 336

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I remember losing my $1000, when i was a newbie, i heard about paccoin and i invested in the coin and few days later the price dump so bad that i managed to sell off and got around $100 plus dollars back

pretfeestje

newbie

Activity: 126

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It has to be the time that I lost about $1k worth because I had bought into a coin then the coin ended up getting delisted from exchanges in a couple of days before I even had the chance to sell them. I have made other losses at different times but that has been the most loss that I have made from a single trade. Which is why I am more wary of the coin I trade in.

cerberus5424

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Make a list of coins that can be traded. I'm not really interested in trading, but if you've decided to do it, then maybe you should take a few lessons? It's cheaper Wink

torrantz

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Quote from: OuterTech on July 12, 2018, 08:41:42 AM

Seem like you'd fallen in trap of the whales cause I don't think there is any way you can lose that much money by day trading cause price of cryptocurrency often don't pump or dump too much in just a single day so it's almost impossible to lose thousands of dollars by investing in any cryptocurrency although it's just a new cryptocurrency and not too popular.

The whales are always luring people to get in through doin a little pump to the shitcoin and then after those interesting to buy that and the whales will try to go out as fast as possible and take a very hige profit from there. OP gets trapped the whales and that's obviously true or he was investing on shitcoin with low volume,

OuterTech

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Seem like you'd fallen in trap of the whales cause I don't think there is any way you can lose that much money by day trading cause price of cryptocurrency often don't pump or dump too much in just a single day so it's almost impossible to lose thousands of dollars by investing in any cryptocurrency although it's just a new cryptocurrency and not too popular.

Nevermind344

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My biggest failure and loss was about 30% of the portfolio at one day, when i try to make some cash participating in planned (via telegram group) pump of shitcoin with a low trading amount on HitBTC exchange. After that i realized that it was just a fraudlent action of telegram group organisators.

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