Topic: whats your biggest Financial loss in crypto (Read 501 times)
I actually was stupid enough to fall for the Ethereum Dark scheme. About $4,000 down the drain. Absolutely brutal. I have also had great luck. Took a rocket ship ride on Dentacoin. That thing shot up do high and hard I still remember it vividly. Amazing journey. Lots of ups and downs.
it seems like I was lucky to have sold all my crypto assets before the market fell. I have sold everything at the end of 2017. and judging from these results, now is the right time to buy.
A year ago i bought one small altcoin on all my money that i have. And then bear market of altcoins started. I did not sell in loss because i was greedy. Today this altcoin cost almost anything. So i lost all my money at one bad deal. When i tell all my money i mean 10 BTC. Of course i started again and now i never buy small altcoins.
That really hurts I lost money with my investment but nothing close to 10 bitcoins, if I had 10 bitcoins I will probably just hold them, my goal like many is to obtain enough bitcoin to change my life but like many people I do not need hundreds of bitcoins I only need something between 10 and 15 bitcoins, once I get to my goal I will just hold my coins and wait until bitcoin becomes more valuable. 
I bought LYM tokens relatively recently, they then stood for 1000 tokens-20 dollars, I waited and brought them out when their cost was for 1000 tokens - 50 dollars. A month later, their price rose to $ 120. Now of course the price has fallen, and even quite strongly, as their price has fallen to the original figures.
I was very lucky in this regard. The fact that I did not lose too much money in the temporary fall of the market. I just try not to invest much in one crypto currency. And it is better to invest your investments in several.
My biggest lost in Cryptocurrency was in the beginning of the month of August when trade was hacked on Hit.Btc , I lost $300.
I have lost about 800$ because of my no experience and less knowledge . That’s my sad experience.
and you have been learned by that, well we should practice all the time here to be more patient no matter what may happen loss sometimes are by because you are not to be taken wait for the right time to sell that you can gain profit for or even that you may have to loss that amount make sure that it was been take you back for what you have been invest for. 
I have lost about 800$ because of my no experience and less knowledge . That’s my sad experience.
The disadvantage that I did was when I bought OKcash at Bittrex.
I bought Okcash at a price of 5500 satoshi and now the price is below 1000 satoshi.
very sad !!!
I bought Okcash at a price of 5500 satoshi and now the price is below 1000 satoshi.
very sad !!!
it can be a learning for us in the future in order that we are not in a hurry in making decisions. in investing cryptocurrency we must be more patient and careful because we know that there is a risk that can be obtained that is a big loss. and the most important thing is to keep calm in any situation of the market.
I know Tezos only tradeable in HitBtc and Gate.io and between both exchange HitBTC has feature of stop limit that you can use for stop loss. So far the biggest my loss is invested in gem coin and that coin tradebale only in small exchange, because so many people promote this coin and they believe that coin will become the next 100x coin so i invested arund 0.5 BTC and when the price reached 100% i still hold it but after that that coin dumped by their developer and iam loss around 0.4 BTC just in aday. Less risk management and too greedy was bring me to much loss.
That's a biggest mistake ever that i even got fomo early this year. When i accidentally bought bitcoin at 19,000 which is bad. I learn it in my past experienced, Well all i can do now is too hold that coz if i sell those probably i will be rekt.
Those who bought bitcoin at 20,000 and still holding the coin till now.
they are one of the big losers in this situation now, they must keep holding though.
you must study and research in every step you will do.
they are one of the big losers in this situation now, they must keep holding though.
you must study and research in every step you will do.
I can't remember if i have had any loss. Even the shit coin i invested in still gave me my profit. You just need to study when to invest into any coin and when to cash out.
Sorry to hear that,
mine was, I think last year or around january,
it is when I bought BTCitcoin around 12000$
and thinking it would go back to its ATH in a month,
but I was wrong and still suffering to that loss
mine was, I think last year or around january,
it is when I bought BTCitcoin around 12000$
and thinking it would go back to its ATH in a month,
but I was wrong and still suffering to that loss
A year ago i bought one small altcoin on all my money that i have. And then bear market of altcoins started. I did not sell in loss because i was greedy. Today this altcoin cost almost anything. So i lost all my money at one bad deal. When i tell all my money i mean 10 BTC. Of course i started again and now i never buy small altcoins.
Actually i was never calculate my loss but if i may to counting it probably nearly to $1000 and it was happened when bitcoin price dropped several month ago that when i was being panic and decide to cut my loss
I just hold ETH and I've loss 2500$ about 3 month (from 800$/ETH to 300$/ETH). So sad but I think ETH will reach a better price at the end of this year.
Recently i faced a big loss. i have invested on tezos (XTZ) recently 3200$ , thats decreased to 1500$ , in a day. unfortunately i sold because of panic.
I lost nearly 1800$. now i am fed up
thats the biggest loss i ever faced. please share your financial loss
My biggest loss as you may guess came when I invested in an ico, I held my coins during a year and the price went down and the coin gave no signs that it could recover, at the end I sold but I got only 50% of my investment back but at least I sold before the coin really went down in value and eventually disappeared, since then I have been a lot more strict on what is needed for an ico before I decide to invest in it. I lost nearly 1800$. now i am fed up
thats the biggest loss i ever faced. please share your financial loss
Personally, I did not face big losses. If there were losses then very minimal. But if I invest somewhere, I will first study everything. And then I'll start slowly to practice.
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