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kobi

What is your biggest loss ever in a trade?

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On 10/29/2019 at 1:36 AM, kobi said:

Many won't believe when I say I have lost count  of how many times I lost 100% of my entire investment. it's true that if there is no risk the certainly isn't any reward but the higher the reward desired the higher the risk taken. Most times, we get entirely lost in the desire of making quick and huge profit forgetting the risk of losing a part of your funds if not all. I'll like to read the experiences of traders who have lost in trade, the percentage of loss, how the lost and why the lost, please share your experiences so we can learn from it.

How can it be you say you lose 100% of your entire investment? Did you sell all of your coins too early? I think as long as you don't sell your coins, even if the price is down, you still have the coin, and your coin will have a chance to increase in the future. But yes, that will only have that chance if you have a potential coin that can grow in the future. But maybe you need to recheck your portfolio so you can see how much you lose so you can calculate it and find a way to cover your losses. I am sure you will see a chance to get the profit again from the coin you have.

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On 10/28/2019 at 11:36 AM, kobi said:

Many won't believe when I say I have lost count  of how many times I lost 100% of my entire investment. it's true that if there is no risk the certainly isn't any reward but the higher the reward desired the higher the risk taken. Most times, we get entirely lost in the desire of making quick and huge profit forgetting the risk of losing a part of your funds if not all. I'll like to read the experiences of traders who have lost in trade, the percentage of loss, how the lost and why the lost, please share your experiences so we can learn from it.

I never had 100% lost on Bitcoin or some strong altcoins, because it's not possible.

But I have big loss on some Yobit coin, I dont remember but I think that is Qubix I buy a lot and start to used investbox but price go down a lot and I decide to sell (with big loss) after that with coins which left me I invest again in some investbox coin and sell with loss again and after that I could not to invest with that amount.

My point is that I learn to never sell with loss (I talking about Yobit coins), patience is key.


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An individual mаke а wоndеrful desirе аnd еxаm yоu may well сurrеntly bе watсhing to get a bеnefit frоm bоth factors an individual mаke соntributions an individual сannot freе almost all оf the retailers.

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On 11/10/2019 at 12:50 PM, pandanaran said:

Are you sure you lost 100% of your money? Trading should not take 100% of your money. Means that if you lose 100% of your money, then there is something wrong with the way you trade. Trading is not the same as betting, where there is definitely a value of the coins you buy.

My biggest loss is 40%, this is also the stupidest thing I did because I bought with a FOMO feeling. Maybe because of the hype when prices go up so I immediately bought without first seeing the market situation. 40% of my loss might be around $ 220 or less

What is the possibility of you not repeating that same error you made that cost you 40% of your investment for at least two more times will leave you completely with nothing.

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On 10/29/2019 at 4:30 AM, dhemasm said:

Investing especially in cryptocurrency is very risky, I also have a bad experience when trading which causes almost 75% loss (if I'm not mistaken) You certainly still remember the Ignis airdrop held by jelurida right? (NXT) It's a pity but I made it as a lesson, Cheers!

You remind things again ! Let the past go and move forward May be NXT could reach again near 1 dollar ! it might get back all your loss in once ! 

Have a great month !

Good Luck for the future ! 

 


 

 

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On 10/29/2019 at 2:36 AM, kobi said:

Many won't believe when I say I have lost count of how many times I lost 100% of my entire investment. it's true that if there is no risk the certainly isn't any reward but the higher the reward desired the higher the risk taken. Most times, we get entirely lost in the desire of making quick and huge profit forgetting the risk of losing a part of your funds if not all. I'll like to read the experiences of traders who have lost in trade, the percentage of loss, how the lost and why the lost, please share your experiences so we can learn from it.

To be prank my biggest loss in trading is only around $100 because I always set a target percentage and stop-loss feature so that I won't suffer any big loss and if my target is reached I instantly sell my coins without hesitation because it is already a profit. 

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On 11/30/2019 at 11:12 AM, sayyedraza said:

You remind things again ! Let the past go and move forward May be NXT could reach again near 1 dollar ! it might get back all your loss in once ! 

Have a great month !

Good Luck for the future ! 

 

Lol, I guess you are also a victim of jelurida? Indeed, when it was really unexpected NXT Will be like that and until now ignis or NXT Can not revor at all, I made this as a lesson and you too bro I hope all our investments are smooth.

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On 10/29/2019 at 2:30 PM, dhemasm said:

Investing especially in cryptocurrency is very risky, I also have a bad experience when trading which causes almost 75% loss (if I'm not mistaken) You certainly still remember the Ignis airdrop held by jelurida right? (NXT) It's a pity but I made it as a lesson, Cheers!

its a shame to see NXT at these prices now because at one time they were my best hodl coin and im glad i sold it all above 5k and now its just sad to see it at 150sat. but at least ignis project is going very well.

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The bigest lost for me is 90%. It almost reach $2000. I got it when i invested all of my money in bitconnect in the past. But i started my trading and investment from very beginning again. luckily, i gained so much profit from my daily trading. I do it in more than a year and i think it's enough to cover my loss in the past.

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I have made loss many times when trading. but my loss was only 20 usd. I lost it because first time I wasn't patience in trading. after losing asset I am very much aware now about trading.

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On 12/1/2019 at 7:59 PM, duncun007 said:

its a shame to see NXT at these prices now because at one time they were my best hodl coin and im glad i sold it all above 5k and now its just sad to see it at 150sat. but at least ignis project is going very well.

Yeah i really didn't expect it when buying NXT and expecting get double profit from airdrop and initial fund but i just suffer some loss, Really bad but i think it's good experience to be more careful on the next investment.

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1 hour ago, dhemasm said:

Yeah i really didn't expect it when buying NXT and expecting get double profit from airdrop and initial fund but i just suffer some loss, Really bad but i think it's good experience to be more careful on the next investment.

yea we all learn from our losses but its also sad to see all the good old coins dying off and losing marketcap and being delisted from exchanges as we saw GAME and STEEM and rcently even DGB is getting deslisted from exchanges those coins made us lots of profits in the past.

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I dont have any experience loses money in trading.I dont have ever trading.So i have not loss money in trading.But i want to learn about trading

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I once lost about 90% of my money and that was because of greed, well, I bought a token at a good price and then I sold it at a much higher price and I made a very good profit, and after a while this price of tokens came back down and I said to myself this is a good opportunity to buy again and win again, Indeed, I bought again, but the price continued to fall, so I said why I do not buy more and make more profit, and so the price of the token continued and I continued to buy until I bought everything i had and waited for the price to rise, but unfortunately this did not happen. The price continued to go down until I became Shit. Then I realized that I lost almost all my money. It was a very difficult experience but now I look at it as a useful experience and I learned a lot from it.

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I have no connection with reduce for the reason that I don't commerce when. Nonetheless, We're significantly serious about stock trading. I want to be informed of stock trading. Could there be the one I highly recommend you enable people?

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if in past i had a pretty big loss due to lack of exprience and also the ability to read the graph that was not right i had experienced a loss of 100% more likely it was a big loss in my opinion first time trading , but this is very give me knowledge.


 

 

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My biggest lost was $500 that I invested in artbyte coin,though I gather the needed experience for the future.i thank God that I lost the money then because it teaches me more on how to trade effectively

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In crypto i dont really care or count my lost, when i lost in a trade, instead of having a moment or being dissapoint, i used it as a motivation to achieve more in crypto. other people who loss a lot are just always giving up. 

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My biggest loss is when i started learning about Bitcoin around 2013.

i have around 1 BTC, on that time only small information about Bitcoin. 

There is still small people know it and don't want trade with me.

Some bitcoin i giveaway and then some go to an exchange and just sell it where i don't care the price. So i get some buck, with that i can survive 1 month without salary. But if we see now the price is crazy, maybe if i sell now i can buy some cars or maybe small house. lol


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Give me 💙 if my post helpful

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I don't remember how much I lose money in trading, but for sure more loses than earning profit, because in that time I was newbie, I always believe that I will earn profit in the next day, but end up losing because the coin that I  trade were never increase since I bought it.


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Mistakes is bound to happen eventually to anyone in crypto. Crypto is hard to predict and you have to make mistakes so that you can learn from it.

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On 10/29/2019 at 10:30 AM, cryptokram said:

 in the exchange the total profit that I supposed to have is 0.75btc til now the token was still lock and the price went down from 5k satoshi now it was 1100satoshi, and what was annoyed to me they're planning to have a swap which is really bullshit isn't?

 I got twice such type of swaps where they told after swap the price gradually increase, but this made me 100% loss on both tokens and coins. I am now hearing from this post too Swap coins are shit coins and they keep promising to their investors like node and swaps, etc.

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