How much did you lose $ on cryptocurrency trading?

[Paha87]

Hi guys.
 If you are willing to share your successes or disappointments with others, you are welcome.
 Many of us have considerable experience in cryptocurrency trading and many of us have lost and earned a lot of money.
 Let's discuss our losses.
1 - Why did they happen?
2 - What mistakes did we make when buying this or that crypto asset?
3 - What conclusions did you make after you lost money?

If you are an experienced trader, advise beginners what they do not need to do in the first place, so as not to lose your Deposit.

Share your experience, do not hesitate. Your opinions will be useful to many forum users.

[abdmuiz]

I have never taken money from my own pocket to invest in this industry, but I got it from a bounty program, so I have not financially lost it, but from the assets that I hold right now the value drops if it is adopted to $$

[Chomzzy]

When I just joined Cryptocurrency was the time I lost my funds to trading because I was yet to understand and grasp the  basic skills or strategies of trading.
I lost over $1000 in one swoop trading in binance exchange .

[Speaker]

As for trading, the main mistakes are non-compliance with risk / money management. It is also important to correctly determine the entry and exit points-this does not mean that you need to buy at the bottom and sell at the top.A good trader is distinguished from a bad one only by experience.

[Annalise]

I lost over $1000 last quarter of last year all because I allowed my emotions get a better hold of me .
I refused taking profit even tho the profit was over 35% ,all because of greed..I will advise those new to trading to shun greediness if they must succeed.

[khufuking]

1 - Why did they happen?

I followed someone advice on Telegram and by the way, he is a big name in trading.

2 - What mistakes did we make when buying this or that crypto asset?

My only mistake was to follow someone even tho I had felt that this trade will not end well.

3 - What conclusions did you make after you lost money?

Do not follow those fake Telegram groups they will get you rekt in no time most of them are dumbs anyway and have no idea what they are doing, so the best thing to do if you want to trade is to learn it yourself or else do not do it.