Post
Topic
Board Altcoin Discussion
Re: lost 1000$ in dogecoin investment
by
psijic
on 02/01/2014, 13:46:33 UTC
Firstly, you should not be investing money into virtual-currency trading, which you cannot afford to lose. I'm not saying that you did; just putting it out there.

Your charts do not say anything about when you made the investment, at which price you bought it, whether you sold it or are still holding it, etc.

Also, was all your investment concentrated in DOGE? If so, why? You could have easily split that money across BTC, LTC, DOGE, etc. Something to keep in mind for future trades.

Another thing you should consider for future is dollar-cost-averaging ( http://www.investopedia.com/terms/d/dollarcostaveraging.asp )