Quote from: Silberman on November 19, 2019, 05:20:17 PM

Quote from: Hypnosis00 on November 18, 2019, 09:52:33 PM

Quote from: shurcat on November 05, 2019, 11:16:25 AM

Hello all;
I used to have a little btc which sold and use in 2017-2018 , i had lost a good portion of it trying to profit trading with altcoins (bad option).
Now a days i dont have any crypto as i have used the crypto i had in 2017-2018 as my principal funds, i spent it on good and cash out the rest ( a little at a lost but i needed that money) as a student ive used it as my principal money.

Trading isn't a bad option for me mate. The only thing that I've to look to this situation is your altcoins selection for trade and (maybe) you're not choosing potential altcoins in the market. It can be a big loss to our end if we badly choose altcoins. But the worst thing happens to you is that you bring it entirely to altcoins which are supposed to make share it to bitcoin. Then, too hope that you have learned something from this and for your future reference as well.

But he already lost a good portion of his money what he tried to trade during 2017 and 2018, and that is worrying because if you have not learned anything from those days it is very likely that you are going to repeat the same mistakes again, so before anyone begins to trade after they had lost a significant portion of their capital they need to make a very deep research about what happened and why it happened otherwise the same will happen again.

He probably can't escape to that. Looking back to what we've done before is leading us to make new steps ahead. We know that consequences already so better we have to think of other ways for not going to happen again. Though we say we're not perfect and yes we are but can't just let it happens all the time, cause why not to have a change and correct those mistakes we've been commit before.

For the reason that is why most traders experience losses is because of there emotions and choose coins to trade. It can't be a good sign for him to continue in trading if he never changes or learns from what has got. This (big) mistake serves as a sort of learning, it was a bad experience but can't neglect it from happening since we are still learning.