Post
Topic
Board Speculation (Altcoins)
Re: Already lost 50% of my capital
by
btcminer6212
on 09/12/2017, 14:35:03 UTC
Hello guys. I just want to ask for your opinion or an advice.
I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital  Sad. Some coins are still in hold.
I just want to ask what can you give to me an advice or any learnings  about trading. I'm using bittrex.
I also lost 80% of my capital after joining the crypto for 2 months. I also started with Bittrex. But I trade the whole capital loss. Currently I have gained some capital and interest. My experience is that if you have large capital, please trade on sites such as Bittrex, Poloniex ... If your capital is not large then you should trade on smaller sites like Cryptopia, Novaexchange, Coinexchange, Yobit, Hitbtc. These commercial pages have a small volume that is less affected by market fluctuations.
The site you are trading on will not guarantee anything. Your knowledge about trading is the only thing that can take you as far as you can.

Traders were not born; we all had to learn a lot to be able to trade safely. If you think it is just by buying at dips and selling at peaks, then you are wrong. You should be able to analyze and even if your analysis ends up going wrong, you should know when to get out from a trade.
it depends upon the coin you choose for it. i think ETH and LTC have been rising just as fast as Bitcoin has. Sure Bitcoin dominates about 50% of the total crypto market , but that means 50% of the funds are going towards trading alt-coins.
Trading altcoins can be just as profitable as BTC, if not more profitable if done right. Look at some charts lol. which tells you really right about them.