Post
Topic
Board Trading Discussion
Re: 16k DOLLARS LOSS IN JUST 1 YEAR
by
Lucius
on 21/10/2023, 14:51:02 UTC
I have started the trading from BINANACE app and I invest 1 k dollar at the start from spot while I had no teacher

It is obvious that you have enough money if you are going to gamble with $1000 without even knowing what exactly you are going to do with that money. Without any knowledge, plan and strategy, that money was lost the moment it was sent.

At the end in invested 6 k dollar at one time but there was a coin which has up from 0.92 to 14 dollars I bought this coin in 11 dollars --
unfortunately this coin dip to 2 dollars and I was see my loss in just 10 minutes.

When you trade with shitcoins, things like that happen, so even though a lot of money was lost completely pointlessly, did you learn something from all of that?

Kindly share your experience that I m doing a loss you are also a part of my problem so that I want to khow where I done mistake.

The problem is that you are doing something that you obviously have no idea about, and the only thing you are successful in is constantly losing money. If I were you, I would delete that app and refrain from any similar investments until I learn some trading basics. Then I would start with very small amounts ($50 - $100) and try to learn something even if I still have losses.

In the end, you need to accept that crypto trading is not for everyone, and that statistics say that only about 5% of people are successful in it.