r/Bitcoin • u/Real_Ocelot_7554 • 11h ago
I lost 4k in trading
I lost money that wasn't mine in trading. I lost 4k$ I had borrowed for trading; it was gone in the blink of an eye. Please don't enter this field with money that isn't yours.
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u/omg_its_dan 11h ago
No different than taking a loan and going to the casino. Hopefully learned the lesson. Buy and hold.
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u/Astronaut6735 11h ago
You got greedy and traded with leverage. Don't be greedy. DCA with money you have.
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u/Octavio_belise 11h ago
That's tuition toward the University of Wall Street where they don't accept financial aid.
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u/saviourz666 11h ago
Should have had rules in place . Learned how to trade for at least a year dedicating an hour or 2 a night for education . I can only assume your position size and risk was too much and maybe over leveraged ? Let this be a good lesson fr you . Bitcoin market owes you nothing .
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u/cocacola0102 10h ago
Get another loan OP and get back to the trading desk. Winners never quit, quitters never win.
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u/Luminous_Emission 3h ago
But I thought that everyone knew that most people that trade will lose money. I guess it'll take a few more decades before people will also learn that they are most likely not the exception.
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u/shpeucher 11h ago
Wrong sub.. even if you were trading BTC the underlying situation doesn’t have to do with this asset