Post
Topic
Board Trading Discussion
Re: Lost 17500$ during recent downswing, Now completely broke.
by
perfect999
on 24/05/2021, 10:39:14 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.
Sorry about that mate, hope you’re going to be very careful in case of next time  so that you don’t end up losing your money again. There are a lot of people that lost their money with this new decrease. I have sold a part of my coins before the crash, and I am still holding some of them in Bitcoin, TRX, ETH, Neo, and Cardano.

I did lose some money but I am not much worried about it. The reason why I am not worried about that is because I have already planned myself before now, and I was ready for any decrease in price that was coming, so it isn’t a surprise to me, I planned for it. This is why it’s very necessary to take profit when you can and leave the rest. There are people who don’t take profit because they say the price will increase. Personally I think that’s greed.