Ever liquidated your cryptocurrency trading account?

[Heatman]

Cryptocurrency trading account liquidation is what happens when you blow your whole funds or money in your trading by losing everything in a trade that went the opposite way against you.

The first time I had my trading account liquidation, I lost $270. After that, I lost another $70 before I stopped blowing my account.

 

[Ja Sa Bong]

I've never liquidated any of my trading accounts in either cryptocurrency or forex trading. There's a limit of loss I can take in a day which won't liquidated my account. If I have the loss, my trading for the day is finished, tomorrow I will begin again with a new strategy.

 

[Skysaint]

I haven't really done that. I haven't seen a reason too although there was a time I lost more than half of my investment in a sudden bear market but all I did was just to convert the rest to a stable coin and I was thankful that I did because it dipped further.

 

[Nomad]

I am not much into trading, I do trade through Binance and StormGain but only occasionally. I have never liquidated my trading accounts. I always have funds there even when I am trading. Sometimes you can make profits from trading especially when the prices are fluctuating too much, thus, I have funds on my trading accounts.

 

[Heatman]

I am not much into trading, I do trade through Binance and StormGain but only occasionally. I have never liquidated my trading accounts. I always have funds there even when I am trading. Sometimes you can make profits from trading especially when the prices are fluctuating too much, thus, I have funds on my trading accounts.

I have been using Binance for years too and it's one of best exchange trading platform that I have seen. It's only their Futures that I make use of in cryptocurrency trading. It's StormGain that I'm yet to start making use of and I will start with it soon at least for mining BTC.

 

[Henrywrites]

I haven't really done that. I haven't seen a reason too although there was a time I lost more than half of my investment in a sudden bear market but all I did was just to convert the rest to a stable coin and I was thankful that I did because it dipped further.

It is very important to observe the type of cryptocurrency that you are buying before you decide to buy it. I have always been careful with investing on new projects that are not even long-term. I will also look at those that are investing at the project to be sure before doing so. When it comes to blowing my trading account, it has not happened to me before apart from the experience with my demo account then.

 

[Heatman]

I haven't really done that. I haven't seen a reason too although there was a time I lost more than half of my investment in a sudden bear market but all I did was just to convert the rest to a stable coin and I was thankful that I did because it dipped further.

Whenever you are holding any of your cryptocurrency, you will always be in a situation whereby you might lose some of your assests because of the volatile nature of cryptocurrency.

Whenever the market is bearish, you must definitely lose some of your assets and the same thing happens when the market is bullish. It's gonna help you to recover some of your assets and get you profit from them.

 

[Good-Person]

Whenever you are holding any of your cryptocurrency, you will always be in a situation whereby you might lose some of your assests because of the volatile nature of cryptocurrency.

Whenever the market is bearish, you must definitely lose some of your assets and the same thing happens when the market is bullish. It's gonna help you to recover some of your assets and get you profit from them.

I had to liquidate my cryptocurrency account many times. This is because I was suffering from losses and the value of cryptocurrencies was facing like a house of card. This was the time when I decided to liquidate my account.

 

[Heatman]

I had to liquidate my cryptocurrency account many times. This is because I was suffering from losses and the value of cryptocurrencies was facing like a house of card. This was the time when I decided to liquidate my account.

It is always very difficult when you end up liquidating your cryptocurrency account because there is no way of getting the money back. I always find it very difficult to deal with having to hold my cryptocurrency and see the value fall to the point where I am going to be having negative number in my cryptocurrency value in my wallet.

 

[Dice]

No, I haven't liquidated my cryptocurrency trading account. I believe in holding onto my investments for the long term, riding out the market's ups and downs. Liquidating accounts can be a reactive move influenced by short-term fluctuations, and I prefer to approach cryptocurrency trading with a more strategic and patient mindset.

 

[Riberet19]

Yes, of course I have liquidated it more than once, especially when I started in trading, and in futures trading, it is something normal and it is part of learning, as the saying goes without error there is no success, I think I liquidated it completely about three times before I considered seriously learning technical analysis and having a better management of my trading capital.

 

[deucher]

This is how it happened to me and everyone who started investing in cryptocurrency and did not know all the intricacies of trading. I luckily lost a smaller amount than you, about 20 dollars, because I was just trying and I realized that I am not good at this. Although for me it was a very useful experience because there was a very big surge of emotions when I lost all my funds.