Post
Topic
Board Trading Discussion
Re: I lost 10000$ in trading, what should I do?
by
strongwarrior238
on 09/08/2018, 22:22:25 UTC
Hi, I am a crypto-hamster and bought bitcoin when it cost 17,000 and decided to trade on the Bitfinex exchange withe margin.
In this business I was not experienced, so I followed the advice of different traders and their signals.
In the end I lost 10 thousand dollars when bitcoin fell to 6k , but it was money that I was ready to lose, i.e. free.
Now I do not have the desire to trade, but I want to earn money on crypto currency, because it's interesting and I believe that the future is for the crypto currency.
Now I want to try to make money on bounty programs.
And I want to ask you advice in this difficult matter. Where to start, and is it profitable at all?
With a market that is declining in the long run and bitcoin prices are falling sharply in the past time, I believe that at this time you should limit the transaction and it is best not to trade at this time because The risk is very high, the profit is low but the damage will be very big when the bitcoin prices fell sharply. I believe that at this point you should stand out from watching and wait for bitcoin prices to stabilize again to be able to retire.