Post
Topic
Board Bitcoin Discussion
Re: How I lost almost 300,000 USD in seconds
by
crytomusica
on 16/11/2017, 15:15:11 UTC
Bought 329 Segwit2x Futures on Bitfinex.
Sometime around the 6th.
Took a gamble yes I know, but after looking into it I believed Segwit2x would be the chain we all use as the real Bitcoin
News comes out that the fork is being called off, by the time i hear it about an hour later I check the futures price and it's trading at a whopping 90$ each
Moral of story :
Don't ever put almost half your portfolio in something risky like a forks futures


So sorry to hear that mate. Similar story happened to me few years ago when I was trading forex. After that I put myself really strict rule that I should never risk more thatn %5 percent of money in one position. Hope you recover soon!