I invested every penny I had, even convincing my trusting mother to get involved in hopes to build something and prove my years of calling crypto 'the future' would have something to show.
I followed biz advice at first, bought into the high cap projects with big whale suppression. Eventually I moved to lower caps, early BEPRO investor that somehow managed to lose 30% prior to the 3000% moonshot. Repeated this multiple times. Finally settled on a nice diversified portfolio with 30% in OGN. After panic during crash after Elon tweet dump, pulled my alts and dabbled with futures for the first time. Earned back most losses with long positions. Wrote down my plan to earn back a little more before alt season start, planning to HODL alts. Sold every single alt to protect futures portfolio. Went to sleep last Tuesday with $52K value and plans to exit positions the next morning. 3am alerts start going off. Stood and watched as my portfolio was fully liquidated by less than 1% and price immediately bounced back. Since then have sold most of my possessions and scrounged together what I have and continued to lose it in futures trades attempting to earn back losses chasing horrible trades in bad frame of mind. Only ever knew about futures because the exchange gave me $20 to try it free. Baited and totally wrecked. I've been short of breath and unable to eat for a week. My beginning of March old portfolio today would have been worth close to $90k. I should have died in Iraq a decade ago.
How do you all cope with losses? I think this may be the end for me, boys. Don't make the same mistake. Crypto futures are all BTC controlled and the whales/exchanges will hunt you down and murder you in your sleep
Literally buy the dip, flip burgers at $15 an hour, and wait for it all to go back up. No more fucking options, it’s gambling. Only gamble when you have lots of excess cash.
Mason Adams
>Advice You weren't looking for advice. You were looking for Hot tips to make an easy buck.
Wyatt Sanchez
>I followed biz advice stopped reading there, you brought this upon yourself
Jackson Torres
>Only ever knew about futures because the exchange gave me $20 to try it free Kek. Like giving one dose of heroin to a kid. How is this shit legal?
Jordan Clark
I sold 3k$ position that would have been worth $250k. I sold it two weeks before it fucking mooned, after patiently holding it for three months. I'm in debt now and struggling. That money would have helped me tremendously, i ca t even begin. I'm not going to cry about it, though I was very depressed for a while. There will be another chance, another opportunity to change things.
Jacob Perez
If your portfolio doesn't look like this, you're a gambler simple as that. I suggest you go browse for some more hot tips. Casinos do that. Give you a few free chips just so you can wet your lips.
I just buy and hold I should have sold some more while way up Rn i'm pretty much break even because I had a few good gains but offset by buying a bunch of chainlink at ~25-35 usd
I only took profits once so far, with a 9x on a 1k investment I have a 13x i'm about to cash out And i'm holding a bunch of linkers
Ian Lee
You get out and grind it all back. But not before paying back your mother and telling her "Thanks for believing in me" in the most sappy, heartfelt way. Give her a damn hug, and don't hold back any tears if they come to you. You owe it to her, that or interest payments.
Benjamin Brooks
I don't know what it is about, time in the market is greater than timing the market, that people don't understand or just purposely ignore. I guarantee you the op was here when he was up bragging about what a genius trader he is.
Found the redditor, very chungus stack there. DEATH TO PEDOS
Landon Hill
Yeah and if you won your gamble you wouldn't give me any money you degen.
Isaac Hall
I make over 100k a year and im pretty much gambling on small MC, they are safer than options in the stock market tho.
Thomas Ortiz
>futures >not having a decent BTC/ETH/USDT split as a foundation >chasing moonshots >retard hypecoins like OGN No user, you didn't follow Any Forums advice at all. Tons of people around here give a lot of solid advice. People constantly belittle and mock retards who fuck around with futures and get rekt. Tons of people here advocate for a safer foundation. And almost everyone on this board makes fun of retarded dogcoin bagholder retards. Most people generally say that actively trading is a terrible is idea as well.
The problem is that you're apparently too retarded to avoid falling for obvious scams and retarded gambling behavior. Sounds like you're approaching this thing emotionally and letting FOMO override your better senses. What you need to do is take a step back and think about how extremely risky and insane this market can be and find out how to mitigate some of the insane risk that exists in this space.
For starters, understand that FOMO is the main strategy of the shill. Shills here (as well as any other place where crypto is discussed) operate almost entirely on FOMO. You need to be aware of when you're being targeted with it. FOMO marketing reeks of paid shills, and paid shills go hand in hand with pump and dumps. Understand that by the time they're shilling shit here, the organizers have already loaded their bags and are ready to dump on you.
You also need to learn about the actual tech. You need to understand what exists in the current financial system, and you need to understand how up and coming projects will disrupt that. In my opinion, it's preferable to learn about stocks and crypto at the same time; you're lucky that the primary market that crypto is attempting to disrupt is the financial market itself. Imagine being a mining investor and having to spend a bunch of time reading about rocks and shit? Well you're gonna do the same shit, but you're gonna read about crypto. You're gonna actually understand how it works and stop being a mouth breather who just speculates on Pajeet scams.
My point being is that people make it. By in large the types of people who make it apply a lot of the same wisdom learned in traditional markets to crypto. Part of the reason those types of financial tools like futures and options even exist is to allow people to actually make money in markets which can be incredibly quiescent. Using them with slow moving commodities is one thing, using them in the world of crypto is basically insane. There's also a reason that normal markets actually shut down and have halts and shit; to help protect you from getting rekt. All the more reason to stay away from that shit in the crypto market.
I can tell there's a bunch of shit like this that you just haven't thought of (or thought you're too good for) because only a complete dumbass (or wiseass) would do some hairbrained shit like leave themselves in a leveraged position in this market overnight without a stop-loss. You wanna get rekt? That's how you get fucking rekt.
It's not over though user. Read some books, watch some boomer investors, rethink your strategy and come back at it without retard mode turned up to 110% and you can still easily make it.
I lost around 45% But I have $2.4m net worth as of yesterday. So it means fuck all crypto is for your play money.
If you want to make real money (fairly) safely go into property but you wont be a millionaire in 12 months. I have been in property for around 10 years took me about 8 years to hit 1 million this pandemic boom more than doubled it.
But I didnt sell my cryptos so next bull might look alright.
Christian Butler
Kek I got -5 in my bank account and no crypto. I'm living the dream.... if the dream was a never ending nightmare. youtube.com/watch?v=yTgwDgBWCqI
