Your feeling when you lost in cryptocurrecies

[mcjerry]

Since 2014 that I have been trading crypto currency, I have never mad a lost before, until end of last year that the price of bitcoin went higher.
I trade on binance. I use there leverage coin to trade. These coin doubles profit when they are used. If I'm to make profit of 10 percent trading bitcoin, and I use bitcoin leverage coin, I will earn like 20 percent.
That day I traded litcoin down, which means if price of litcoin is coming down, I will make profit. But unfortunately for me the price of litcoin went from $70 to $120 and I lost more than half. It was a very sad and painful moment for me.

 

[Ltherman]

With what i know now am always indifferent when ever i loose a trade because i know i didn't loose the entire sum its just a portion of it that is gone and i can always recoup in the next trade. Except where it has to do with futures.

 

[Hasan Raza]

Well dear, i never lost a single cent in cryptocurrencies because i know how to play with it.Truly I didn't invest in Cryptocurrency right now hahaha and always hold my coins until the market goes up and that's how investing works. Bitcoin is a plat form where only long term invest helps you to get profit.

 

[Richmond funke abosede]

The volatile nature of cryptoassets was highlighted again on Monday as bitcoin dropped 28% from Friday’s record high of $42,000, having doubled its value in less than a month. Despite the day’s decline to $30,200, bitcoin is still only at its lowest level since the first day of the new year.As the popularity of cryptocurrencies grows, the Financial Conduct Authority urged consumers to understand what they were investing in and the financial risks involved, given they were unlikely to be protected by UK schemes that help investors reclaim cash when companies go bust.

 

[vashconfigs]

Its very frustrating losing on investment but you need to accept that sometimes its not a win win situation. sometimes you lost. But i will always tell to anyone that if you are going to invest your money, it should be an extra money and not all of your savings so its easy to accept.

 

[EMMANUEL]

Truth be told my feeling is not always the same I switch into the other side of happiness because I am losing but its as well also a lesson to be learnt at every fall or lose in crypto currency, I learn every day so as not to fall victim of the same circumstances. So it happens but I just have to shake it off my shoulder and move on with life.

 

[Cybersec]

When i lost money in trading crypto currency i will just stop trading immediately then i will feel bad a like quiting trading and do other things.

 

[Defaith]

when you lost in cryptocurrency it's really spoilt the mood because nobody like to lost in business in cryptocurrency we have the advantage and the disadvantage is either you lose or you win sometimes when the rate increase it's usually at the good side or when you lost that's when you feel bad and one thing we all need to know in business sometimes you win or you lost and someone who lost in a business can still try and win or get more profit more than it was

 

[Riniyke]

My feelings when I lost my cryptocurrency wasn't good as of then I had little bitcoin in my wallet without knowing it will grow to this point it is right now, well I needed the money but I wished I wouldn't have soon it then

 

[ahmedo24]

It is normal for one to feel sad when you lost in any Investment not only Crypto currencies self , I also feel sad but if I know the trend of the coin I don't hurry up to sell. There is a token I am holding, I have noticed if it has a major crash the next time will be a huge rise

 

[BrolySSJ]

Well, i never lost a single cent in cryptocurrencies because i know how to play with it. I always hold my coins until the market goes up and that's how investing works. Bitcoin is a plat form where only long term invest helps you to get profit.

This is very interesting to learn that you have not lost any cryptocurrency or any of your Investments since joining the cryptocurrency trade. I feel that at some point whoever is invested in cryptocurrency will experience a loss and hearing that you haven't is a good thing, however I think that you should prepare for the likelihood that it will happen at some point or the other. What interest me though is how do you select your coins in order to ensure that you never make a loss? There are some coins that decrease in price and continue to go down and in that case you will never be able to make up for it.

 

[Chumzy]

Losing money always feels bad regardless of where it was lost because it hurts. No one wants to lose money to an investment or a trade no matter how small the sume of money is. As for cryto I always check my coinmarket cap app everyday to see how my coins are doing on a daily.

 

[Nimra Noor]

How much times you lost in cryptocurrencies trading or investments and how it was your feeling did you ever lost hope and decided
to stop trading ?

It's really a such type of feeling that we can't explain but invesment is all about either to lose or gain if I lose some time then get profit also usually but if I lost I don't feel too bad like I will leave it never I again console my self and start investing

 

[Henrywrites]

How much times you lost in cryptocurrencies trading or investments and how it was your feeling did you ever lost hope and decided
to stop trading ?

As a trader, you need to be ready for both the rainy days and the boom days. I don't cry when I lose out on any crypto trading as that is part of what you get to expect. I have heard of people killing themselves after losing a lot in crypto and I see that as being foolish.

 

[Kingsley]

To be candid the feel in could be very terrible because as a business man or woman we all trade to make profit so any loss Tha will take us out business is not the aim and objectives of a business person. Now to lose your net worth in crypto can be very very painful and for some they end up depressed for days . I once had an experience like that and it was not a pleasant one for weeks unending in kept on feeling bad about losing my capital.

 

[Shahid Abbas]

I think i have made more loss in crypto currency before because there was a time i made about $40 on a trade well i felt bad for a while ,but i jus had to move on and hopefully i do better on on my next grade after more studying and others of the crypto market i think , so its not really a new thing we make loss and also get over it at least

Cryptocurrency is a part of loss and profit, you can earn profit from it if you read the coin first and invest in it, then your chances are good to earn profit so it is better that you read first about coin before investing in coin.

 

[Rainlover207]

have lost a couple of times to cryptocurrency trading and to be honest feeling isn't funny at all sometimes I feel like quitting it and checking on other things, but then I realise that losing is part of the game.

 

[Trojan8]

I have had a few instances but the Tron I lost is still the most painful. I remember registering for this Tron smart contract that promised daily returns. And then somehow all the Tron disappeared at one point in time. I was confused for a while but that experience taught me a lot about how the world works.

 

[Neta Sam(Samuel Odunlade)]

Well have never lost in crypto currency, but generally, it's not new to loose when doing business especially online trading many things are involved, so you must not be too over bordered also it is advisable to trade what you can loose so that when you loose it will not be what will shatter your life.

 

[Akinwale701]

How much times you lost in cryptocurrencies trading or investments and how it was your feeling did you ever lost hope and decided
to stop trading ?

Well, anytime I lose some bucks on my Cryptocurrency especially bitcoin, I always have it at the back of my mind that that is a normal thing. losses today can be translated to be profits tomorrow. in every situation in Crypto, we move. so I don't feel bad like that.
[automerge]1611828739[/automerge]

How much times you lost in cryptocurrencies trading or investments and how it was your feeling did you ever lost hope and decided
to stop trading ?

Well, anytime I lose some bucks on my Cryptocurrency especially bitcoin, I always have it at the back of my mind that that is a normal thing. losses today can be translated to be profits tomorrow. in every situation in Crypto, we move. so I don't feel bad like that.