Post
Topic
Board Trading Discussion
Re: I lost 10000$ in trading, what should I do?
by
rose9696
on 08/10/2018, 03:58:47 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?
I think you should wait until next year, when the price of bitcoin has progressed to $ 8k or $ 9k, sell it and make money from scratch. That is the biggest mistake that traders often trip. Experts' predictions are seldom right, it's just an excuse.