Post
Topic
Board Trading Discussion
Re: Lost 17500$ during recent downswing, Now completely broke.
by
TheGreatPython
on 22/05/2021, 16:12:11 UTC
Though I lost so many times earlier but this one is bit tough. I was bearish on bitcoin when it was around 30000$ but it went up and up and touches 40000$. I lost around 1000$ and I was ok but I do not know what happens to me suddenly in the heat of the moment I decided to go all in with 100x leverage, with no technical analysis nothing, as I was sure about bitcoin reaching 50000$.
And that is it all my bankroll which I build from 350$ vanished my hard work of 6 month gone.
Now I am broke. But I know I will build my bank roll again over the course of few months but oh man this is tough.
Why do you all like doing this? And moreover your headline and your write-up is confusing me a lot. First of all you said that you lost $17,500 according to your headline, and then you said you lost $1,000 and also you lost $350 you have been building for over six months? Well whatever it is I believe that you have learnt enough lesson and you’re going to be careful from now on. You took a really big risk by doing that.

I don’t know what pushes people to take this kind of risk of investing everything they have in assets like this, knowing very well how risky it can be, it’s very bad.Please try to avoid this kind of mistake, don’t go all in, take it slow you will reach there.