Quote from: rremus91 on August 03, 2017, 10:40:29 PM

Yesterday I just lost 1.8k USD, maybe in USA or in West Europe that's doesn't much, but here in my shitty country that's a f* big amount of money. Here the minimum wage is ~ 300 USD / month. So that's like 6 month of work if I cut my bread and water and live on air. Half of my saving were other investments, but anyways... I'm feeling shitty right now. Oh, and I break my laptop. So yeah, that's another - 500 usd.

I though I can trade. Buy low, sell high. Sounds good, doesn't work.

Looking at the charts and candle sticks and watching old bitcoin values, and huge spikes (pump, I saw here how people uses the pump word, daaaamn...) I was... yeah, I can totally do that. I'll just buy when it's low, and sell it when it reaches the top. Well, I was wrong. You can't see the future, otherwise everyone would be a millionaire. That would be true if you would have a delorean from '85 with Emmett Brown and Marty Mcfly and you could f* travel in future and see the PUMPS!!!1

So anyone who will read this message (noobs like me) if you don't have any trading experience, don't do it. There are expert traders who know how this market works, when to buy and when to sell. Don't assume your skills by watching youtube videos and reading "daily indexes and predictions" of how the price will rise or go down by shitty sites. That's just dumb. You don't know what's gonna happen. Maybe a little bit of luck, or I don't know.

So yeah, from now on, I'll just leave the trading area for experts and I will invest in bitcoin by buying every 2 week or monthly and saving into my wallet. And one day (I hope so) the price will rise and I will buy for my self a delorean.

Cheers!

Very honest, humble piece of lesson learned, that requires self reflexion, honesty and bravery in a sense. Thanks for sharing. It's refreshing to read something so simply our of the heart and with not other intent that maybe save a few -or many- but making them a little bit more cautious. Thanks OP. Read the other posters advise, especially, don't hold everything in empty promises coins, avoid youtube "instruction", and if you want to, you don't need to give up. Just play with "play" coins for example HitBTC has a play mechanism and is very friendly. It doesn't matter if you WIN or LOSE money there. It only matter if you can UNDERSTAND what happened and why one thing goes up and another down, to the point where the movements are a consequence of something that's much more understandable. But this is more like a hobby. Since it may not even be fun to 99% of all, the best is to save for a house an rent it. It has worked like for millennia and will continue to hold true in the future.

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