Have you ever lost a lot of money from investing in crypto?

[Pear]

I once bought one coin like that afyer been persuaded by my friend to buy it. Assuring me that it will rise before i could even finish my name but we were both scammed

 

[Anna52]

I have not lost a lot of money but I have some money investing in crypto, that time I was really in dire need of money and I didn't know what to do. It really affected me a lot.

 

[Yaqoob Habib]

Investing in Bitcoin is a very different story because it is the face of all cryptocurrencies, so naturally it will continue to increase in price. I think that the volatile nature is what puts a lot of people off actually wanting to invest into the cryptocurrency world.

If you have proper knowledge about cryptocurrency you can invested and make money easily.i would like to say that if do'nt have any experience and knowledge about crypto currency you should not any trade and invest in them.

 

[Bigabigs]

There was at this time during the early days of cryptocurrencies, when this particular hyip was in town playing the hypes of their trade, o fell for it using my Bitcoin not knowing it is scam

 

[Ralphjoe]

I have never lost money for the purpose of investing on cryptocurrency although I am not an heavy cryptocurrency investor as I fear so much for the loss of my investment as cryptocurrency is a very volatile asset.

 

[BrolySSJ]

If you have proper knowledge about cryptocurrency you can invested and make money easily.i would like to say that if do'nt have any experience and knowledge about crypto currency you should not any trade and invest in them.

Even with the proper knowledge the risk is still high and the risk is still there. If you think about the number of people that lose on a daily bassis, it is quite high and these are sometimes experienced traders that do so.

 

[IamDozzy]

I haven't lost a lot but a little do to my ignorance but now I know better and I can minimize my loss.

 

[joy101]

I haven't invested into cryptocurrency before, I think before one can invest into cryptocurrency you have to learn about it and know more about it and know when invest and when you are not suppose to invest so to avoid lost.

 

[nimzy]

I have not at all lost a huge amount of money in crypto and always pray that I will not be a victim because I always withdraw my money at any time that there is a little profit so as to avoid been scammed, but I have heard about alot of people and they feel depressed.

 

[MercySmith]

If I'm being honest, I think I have made more loss than profit in crypto trading. This is majorly my fault because I failed to learn how to trade properly.
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Yes I have lost a few amount of money from investing in crypto currency. After investing, the value just starting dropping and I nervously remove my investment with a loss.

 

[GIFTMICHAEL]

I have not lost funds in Crypto investment. I'm just starting with it, more over i don't trade, i buy and holdl for long time. I just created an account with binance, invested some funds at my wallet which stay there for long time.

 

[Abigael]

I love money by investing in crypto doubler and trippler sites. But it was not that much, it was about $10. However, it was so painful because I did not want to loose that money, it was almost all I had. So I don't invest in those sites anymore.

 

[Koldej]

Investing in cryptocurrency can be so scary tho, but I actually haven't lost any money investing in it, because even if at all I don't see the profit, I will definitely get the capital back, I don't usually wait till it falls below my buying price before I sell it ofd

 

[Patrik]

yes i did, i exactly bought when the value was more than 50.000$, it increased to 53.000$ but then dropped to 46.000$ and i had to withdraw because i couldn't afford more loss

 

[nimzy]

In terms of investment I have face it witnessed alot of lost but if it is investment in crypto I have not at all tried for once so I may not have a profitable knowledge or experience to share with others but am trying to see I invest before the year runs out.

 

[Nomad]

I did incurr some losses by investing on cryptos through skrill. I bought some bitcoins with a plan to hold for a short term but the price start going down and I made a loss.

 

[GIFTMICHAEL]

I've not invested much to lose some amount of money from myntime investing on crypto. I put the kind of money i can afford to risk, that's all.

 

[Ayokex]

I am yet to start with crypto investment. First of all, I do not have funds to invest in crypto, secondly, I would not want to try investing in something that is so volatile in nature, thirdly, crypto is illegal in my country.

Ever since I started trading cryptocurrencies early this year, I've never recorded any loss but I was God who saved me, I would have being a victim of the current bearish run that has affected almost all the cryptocurrencies. Shortly after I sold my little coins, the whole downward trend just began.

 

[Anis Boukezzoula]

Thread locked due to the duplication of the topic.

you can post and react here: https://bizdustry.com/threads/your-feeling-when-you-lost-in-cryptocurrecies.2519/