im devasted, I losed my savings in the btc dump, I had it in copy trading for more than 12+ months, it worked good for a time and now they are gone
These copy trading income was my principal source of income and allowed me to invest in my photography gear with the extra i made, allowed me to focus on work in what I'm passionate about
I gotta make a news plans, i gotta work harder
Sorry for that...
Hope you stay safe and may conquer what you're looking for in life
Gotta work harder
This is the right attitude. Good luck my friend
Never ever leverage
Lesson learned by the hard way
school fees are expensive 😉
As others are saying. Don't leverage. Here are some sats to start over.
Lesson learned by hard way
Thanks man it all helps a lot
you didn't lose anything, you just paid for school.
Without that, I losed my safety zone, right now I can make about the 55% of what I need to live month by month... I gotta make new plans and work harder to be able to cover the monthly expenses...
Still true, I learned the lesson by the hard way
So sorry this happened to you…it happens to a lot of people. Leveraging Bitcoin can be dangerous.
We all learn the hard way.
Get back up.
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Sorry for that, never leverage. Here are some sats.
I'm not gonna ever do copy trading neither leverage again
Thanks man it helps more than you think
that sucks ... just hodl
I can't cus I got liquidated but lesson learned
what is copy trading
Binance have that option, your account automatically copy the operations of a principal trader that you choose.
It worked just fine for a lot of months but this crash liquidated lot of people
I never heard of that that sounds really cool
I guess until it isn't apparently
I would not recommend it!
That sounds borderline criminal. So some big influencer dude doesn't need to pump and dump on Telegram but will have his clones served to him by Binance?
So let me get this straight: The leader gets to front-run the followers every time?
The copy leader gets 10% or the profits earned from the copiers
The 10% are an incentive to not screw them over but ... that's on top of him doing the trade before the others or does he need a secondary account to front-run them?
I had never thought about that, if anyone wants to do that, then yes, they would need a secondary account.
No, it's a 10% *bonus* before they front-run them 🤣
If you had it in BTC then you still have the BTC right?
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I'm truly sorry to hear this. You are not the first and probably not the last to learn this lesson the hard way... have a few sats and start again... look at this as growing pains.
Literally man
Thanks for the empathy
dont trade be humble stack sats..... i loved your reporting.. sent you some sats for a better world! good luck. keep your head low... and share what you can... there is a day we are all on the chopping block, or freedom wins..... lets hope.com for the best! good luck!
Thanks you really really much
It helps more than you think!
i hope we see a lot more brave reporters on nostr!
the best advice i can give you here is to never trade. i hope this is a lesson learned. bitcoin isn't about being greedy and making more money in the short term. it's about wealth perseveration over a long period of time.
and sound money principles. it's electronic internet money so don't listen to any suit bitches about it just stay humble stack sats
I'm gonna stay humble and stack sats for a while!
Totally true
Lesson learned man
The problem is not the trading. But assuming that BTC will magically make you money, while you fuck around with your hobbies.
BTC is censorship resistant money, not some automatic magic "NgU tech"
How much income was this generating?
400$ monthly enought to cover my expenses
Thanks to everyone who donated even a little bit, we are almost there.
I'm already writing a action plan that I will follow to get out of this shitty situation and thanks to you I have 2 months of time to make it a reality, seriously, thanks 🙏
nostr:nevent1qqsgt2qa67nfhv892s4pw5r6zqwu8veq9dvgxg6mvpd9wl29wa8fk0qpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsyg8hw67vzgn3heulcudk2heuhl4n4zsknue7uye4lnqvy2pfjqw6fgpsgqqqqqqsxd8s54
Don't trade bro. And keep most sats with you.
I sympathize. Many longs were liquidated during this brutal week, including myself.
33 million Sats gone ablaze, years of stacking diligently turned into smoke.
Damm that's brutal.
My worst mistake was to put my savings in there hoping to make a income, believing these were safe instead of just stack sats and wait...
The copy trading worked for 12+ months but well now I'm in an shitty situation, leverage is always bad
Try to have multiple income, cut the unacessary spendings, save it in bitcoin. You'll never have to worry about a crash again
That's what I'm gonna do
Also I'm gonna look for a freelancer fiat job as photography editor, these people online pay better than any business in Venezuela
And that way I could still have time to build my work as photographer and post content online
That's the way! How's Venezuela now ? Calm down or it's still tense in the streets?
It's why buy and hodl is the best strategy, trying to generate income on your Bitcoin is always mispriced risk
Copy trading is like letting a stranger drive your car. You're trusting them to properly manage risk.
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