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/biz/ - Business & Finance

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8962529 No.8962529 [Reply] [Original]

I'm curious, /biz/, what was the worst trade you've ever made?

>> No.8962558

>>8962529
Going all in on DBC. I was 25% in on it and watched my investment double overnight so I put the rest in and held all the way down to a 90% loss

>> No.8962564

>>8962529
Liquidated for 47k

>> No.8962576

>>8962558
Ah that's rough. I held on hoping for a reversal too.

>> No.8962583

>>8962529
>Went all in NEO in 2016, lost the usb with all the wallet info/keys and found it early november and decided to transfer all of it (took 4 days to do) into LINK.
Still holding across a couple wallets but I could have had 9 figures USD

>> No.8962584

>>8962529
bought some litecoin at $200...but i also bought bitcoin at $200

>> No.8962594

>>8962529
not really one trade, more of like a strategy of using too much leverage

easy to get wiped like that

>> No.8962600

>be me
>3 BTC
>in crypto for less than 72 hours
>buy 2 1/2million DGB cuz shills at80 sats
>cool
>moons the next few days to 2300sats
>didn't sell cuz didn't know these markets
>they said 1dollar.jpg
>held all the way until 150sats
Still holding...

>> No.8962607

Qrl

I was a noobie and fell for muh quantum meme

Bought at 60k, watched it go up 90k, fell for le hodl meme and watched it crash, got out at 20k.

>> No.8962609

Caught AION at 3700 sats post-Teeka pump and watched it bleed 20% the next 5 minutes. Then 2 days later panic sold and tethered up at 2600 sats. Then BTC pumped from 7300 to 8000 like 15 minutes later. Lost close to 40% of my stack in 48 hours.

>> No.8962618

After successfully trading BTC and ETH for about 3 months I made an account on Binance. I was looking around for good coins to buy and came across HSR, which had a huge fucking dip and to this point the mantra of "buy the dip" had served me well. What can I say, I went allin on this fucking shitcoin, lost like 50% during the night and then kept holding it because I thought it would bounce. It fucking didn't. Basically blew up my account. Felt like killing myself at first but in the end it was a very valuable lesson.

>> No.8962623

>>8962558
This, 100% this. Then taking my only positive gains in XRB at $16. XLM and Ark profit shares are my only friends now. 200 dollars untill I break even again lol

>> No.8962652
File: 54 KB, 633x758, 1521481007410.png [View same] [iqdb] [saucenao] [google]
8962652

My entire portfolio... I followed some youtube kike's advice and started buying only fractions of the total amount I wanted to buy each week to "dollar-cost average and mitigate risk." Could have bought all in at 4k. Average buy in was 13.8k
>>8962564
I feel you.

>> No.8962678

I bought a whole fucking bitcoin at 20k and lost all of it in less than 2 weeks. I just broke even like 5 days ago.

>> No.8962702

>>8962678
> bitcoin at 20k
nobody is that retarded anon, don't larp

>> No.8962704
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8962704

Embarrassing but true story, I went into it with around 80% of my account.

>> No.8962722
File: 26 KB, 406x438, neighlet.png [View same] [iqdb] [saucenao] [google]
8962722

I bought $4000 of TurtleCoin at 5 satoshi

>> No.8962733

>student poorfag
>bitmex
>100x
>turn $250 into $24k because I'm lucky as fuck
>delude myself into thinking I'll be a millionaire by the end of the month
>liquidate my entire stack

>> No.8962823

>>8962652
carter thomas?

>> No.8962872

>>8962583
how much LINK you end up with?

>> No.8962900

I put money into BTC the whole climb from 7k to highest buy in at 17k

>> No.8962906

>>8962529
Sold ETH at 6$

>> No.8962963

Going strat at ath in january. Had the chance to get most of it back but was too greedy. Sitting at a 74 %loss. Still not selling

>> No.8963053 [DELETED] 
File: 480 KB, 621x471, wtf.png [View same] [iqdb] [saucenao] [google]
8963053

>>8962529

>bought litecoin at $35 in 2013/2014
>bought ETH at $3 sold at $15
>lost a whole month's profit on a bad trade back when I was still learning margin trading
>lost .1 btc on cryptsy
>lost .1 btc on mintpal
>lost 2 BTC on a shitcoin once

>> No.8963152

>>8962823
The creator of Coin Jewry himself. He's a bastard kike

>> No.8963162

sell 140 neo at 10$, rebuy at 50$

>> No.8963166

>>8962584
Don't sweat that $200 LTC, you'll recoup that and then some eventually.

>> No.8963184

>>8963162
if you sold again at $150 it's still a good trade

>> No.8963186

>>8962529
Buying XEL at 20k sat, adding more at 13k, still holding a bag.

>> No.8963199

>>8962618
Same thing happened to me when I started trading

Most of trading really is risk management in my view now, can't have those massive losers they kill overall gains

>> No.8963216

>>8962529
Bought FOTA the moment it hit Kucoin. Profit: -78%.

>> No.8963219

>>8963166
thanks marius

>> No.8963224

Sold 10 NEO at $40 each, then it mooned to $146

>> No.8963228

>>8962618
> Felt like killing myself at first but in the end it was a very valuable lesson.

I lost 6k one time getting liquidated shorting bitcoin with a x10 leverage. It was a lot of money for me to lose at my age.

It felt horrible and Im ashamed to say i almost cried for the first time in years. But It was a very valuable (and costly) mistake.

>> No.8963285

>>8963219
Not as deluded as Marius but I do have some LTC. It's the ultimate normie coin, you know it will be back.

>> No.8963312

Bought BlockCat
>>8962558

>> No.8963324

75% loss on XBY in feb. I was literally shaking and crying. I'm too ashamed considering i didn't buy ETH at 10$ because i thought it will never go over 10$.

>> No.8963338

I have a trust node with Payfair, and no, I didn't buy it when it was cheap. Fml.

>> No.8963360

sold XLM

>> No.8963366

Bought antshares at 2 dollars, sold at 8

Invested in POWR ODN ico, sold powr at 12 cents. Odn at 30 cents instead of ath.

Bought ICX at 2 dollars, didnt sell at 8.

Had 4000 ven, didnt sell at 8.

Bought 10000 req below ico price, didnt sell at 1.10 dollars, instead i fell for thr hyip scams.

Transferred 0.1 btc to bitmex, made 0.4 in 1 week...after that got liquidated for 0.23 and made some stupid moves (no stop losses)

I have learned the hard way a couple of times

>> No.8963377

Fucking PayFair. Someone shilled it here around January so I bought some, but didn't sell when it 3x'd. I fucked up desu but I learnt a lesson at least.

>> No.8963405
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8963405

>>8963377

>> No.8963415

>>8963152
But he is legit j thought?????

Not a Jew for sure. Defo something odd tho

>> No.8963418
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8963418

>>8962529

Buying AIR during ICO. Dam those were heavy bags. Really stupid SJW team. It make me feel better about the Blackmoon Crypto russkies.

>> No.8963442

>>8962529
Signatum

>> No.8963510

>buy HTML @32sat
>sell @6sat
Still proud of my trade because that shit is going 0

>> No.8963526
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8963526

Pic related me worstist trade

>> No.8963563

Bought a shitload of LTC in 2011 and lost it at GOX after turning it all into BTC. It didn't matter too much to me since I was just in HS and learning, but fuck me. I left and came back December '17 after I started seeing it in the news again. Ended up being just in time to sink cash into LTC at literal ATH. I've learned a lot since then though and have basically 10x'd my initial investment still, so I just consider that a practical lesson in trading. Not touching LTC again though, that shit will sink compared to XLM

>> No.8963578

>>8962529
sold 34,000 XRP on December 14 2017, thinking it would crash after hitting 35 cent.

Never got back into the bullrun all the way up to $3.50. Missed out on easy 100k over 6 days.

>> No.8963618

Bought gbyte at 0.24 btc, to this day i stubbornly refuse to sell even though i know it's going nowhere

>> No.8963691
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8963691

Went all in on appcoin at all time high and convinced one of my firends to buy in as well.

>> No.8963709

>>8963152
Where the fuck does he record his videos? It looks like a huge office with different cubicles

>> No.8963727

>>8963405
I use a trip so I can more easily identify my posts years down the road, not to attention whore like some people here.

>> No.8963763

>>8963366
>Bought antshares at 2 dollars, sold at 8
OH NONONONONONONO NO NO NO. That actually sucks. I'm sorry.
>>8963415
legit? What do you mean? He constantly makes misleading calls and acts like a kike. He is a bastard if nothing else. I learned not to take advice from any youtubers. They just want to further their own interest with referal lilnks and ad money.
>>8963727
it's in an office in silicone valley. Remove your tripfagging tag though

>> No.8963811

Buying SALT, buying Golem, buying Siacoin.

>> No.8963832

>>8963727
you mean you actually go back to read your posts? you weird, man. real weird.

>> No.8963879

I bought fucking APPC at like $3 or something

>> No.8963888

>>8963727
then either use a name, or a trip. not both
and that's also pretty weird. Like you want to show your friend all the epic trolls you did 6 months from now

>> No.8964106

buying 3k VEN at $6
dumped those bags ages ago, but never again will I get chinked

>> No.8964136

Fucking ethlend at ATH. Team announced they’re having fiat integrated loans and it pumped like the crazy but still no where near what I bought

>> No.8964189

Bought myst at $4. Sold xby at single Satoshi prices.

>> No.8964226

Had 10 ANS is bought at $6 and sold at $12.

Not too bad a trade but at their height would have been $1400 worth

>> No.8964247

Going all in on Ven at an average of $5.50 per coin

Horrifically JUSTed

>> No.8964310
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8964310

>>8962529
Buying fucking anything without stop losses or not taking profits early. Never wait for that magical 100% gain take what you can and go

>> No.8964451

>>8963832
Technically, yes. It would be nice to reminisce on my crypto posts years from now, only for crypto, though. I don't use a trip on any other board and I don't always have it active on here either.

>>8963888
Not this. Also, why does a trip bother you? I'm not acting like a faggot, how hard is it to just act as if it's not there.

>> No.8964499
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8964499

>>8962529
>buy NEO at like 800k sats thinking it was a steal back in august
>didn't know the drop was part due to the china bullshit, and i basically bought a falling knife.
>sell near the fucking bottom when BTC rallied
>not even a month later it skyrockets past even my original buy-in point

at least i learned i guess

>> No.8964568

>>8964451
just use reddit if you want that. The reason is that tripfags are generally faggots and you will be treated like one for using it. A trip is to identify yourself between posts TO OTHERS. just use a name or a trip without a name then it's much easier to do so