Quote from: dotnetmin on November 12, 2014, 04:37:19 PM

Quote from: Lukas_Jackson on November 12, 2014, 04:00:24 PM

Quote from: dotnetmin on November 12, 2014, 03:43:19 PM

Quote from: binteseix on November 12, 2014, 03:26:02 PM

OMG
Ppl are panic buying BTC to panic buy DRK!!

It all makes sense!

...i lost faith in crypto after loosing a lot of money...

So i if you did not lose money then...?

You have to see that the market was declining to 1/3 of BTC ATH over 10 months.
So you habe to be very strong to enter such a market without having clear signals of a reversal.
Also you have to notice that you are investing against the interest of your government and
their centralbanksters.
The more and more adoption BTC will become, the more and easily you can dump the coins and there are a lot of coins which were bought for nearly nothing.
People who bought over 800$ are already out to cut their loss and they never come back.
Be prepared for people dumping BTC wathever the price is.
To get to this concusion it takes me a few months.
But a loss is only done after you sold your asset and thats the reason i am in DRK and not cut my loss already.
DRK is for me the last chance to ever come out without a loss. That doesnt mean i will go out as soon as possible as i like the anon feature and like the freedom of the choice of my fav. Currency.

Sorry for your loss. Before you enter the crypto trading you should have developed a trading plan. Did you make any? Any risk/reward, or how much you can lose? I have been at forex for some time before I knew about BTC and enter crypto trading in december. What a ride Shocked

but I had trading plan. Buying crypto was like opening an order at forex for me but with a much bigger r/r ratio. I bought about 60 alts from then. Every trade was for 0.3-0.5 BTC. 12 profits. The rest went into the toilet. But these losses are so tiny comparing to profits.
If you want to trade, make yourself a trading plan. But I thing is to late now because DRK arrived Wink