Ninjastic
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Board Trading Discussion
Re: What's the worst trading decision you've ever made?
by
reganvegan
on 08/03/2018, 22:51:13 UTC
Quote from: drachman on March 03, 2018, 11:25:21 PM
Quote from: naidray on February 24, 2018, 07:23:17 AM
Quote from: ngavanngo22 on February 14, 2018, 05:37:02 PM
I think my worst trading decision is EMC2. LOL. I spent about 0.2 BTC to buy EMC2 when its price was only 0.00001 BTC/EMC2 then I sold it for 0.00002 BTC/EMC2. Also I doubled all my money but if I were more patient at the time maybe I would have earned more than that 7 or 8 times cause only 1 month after that EMC2 price rised to more than 0.0001 BTC Sad
Well, that is if the OP is talking about signals gotten from indicators, Technical analysis and Fundamental analysis.

In this case, I am sure the OP is referring to Telegram signals where someone calls the shot and the followers do the usual thing which is to follow blindly. That is a huge problem for someone who wants to trade, because there is no way they cannot end up losing a lot at the end. It is always good to have the knowledge and be able to make decision without being told what to do.
Those are probably nothing more than pump and dump groups but people should know better if I knew what a coin will do before it happened I will not share that information with anyone I will probably bet the farm in that trade and become incredible wealthy overnight so it is obvious most signals groups have to be a scam, there is no other way around it.

Your absolutely right - why on earth would people who create these groups try and help out complete strangers at the expense of their own profit?! There are some good vids on YouTube about how P&D groups operate. Doug Polk Crypto did a fantastic one...