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    [Daily Discussion] Friday, June 14, 2019 Bitcoin Markets

    June 14, 2019

    [Daily Discussion] Friday, June 14, 2019 Bitcoin Markets

    [Daily Discussion] Friday, June 14, 2019

    Posted: 13 Jun 2019 09:06 PM PDT

    Thread topics include, but are not limited to:

    • General discussion related to the day's events
    • Technical analysis, trading ideas & strategies
    • Quick questions that do not warrant a separate post

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    [Altcoin Discussion] Friday, June 14, 2019

    Posted: 13 Jun 2019 09:06 PM PDT

    Thread topics include, but are not limited to:

    • Discussion related to recent events
    • Technical analysis, trading ideas & strategies
    • General questions about altcoins

    Thread guidelines:

    • Be excellent to each other.
    • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
    • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
    • No discussion about specific ICOs. Established coins only.

    If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

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    Your Position Has Been Liquidated

    Posted: 13 Jun 2019 04:21 PM PDT

    I remember reading the post about the guy who almost lost 200btcs. I remember reading the post about the guy who had to quit crypto because he lost it all.

    It all sounded funny. "Hah. Noobs!", I thought. They mentioned they lost margin trading, and so I began learning about it.

    Such potential! I could double my btc in minutes rather than waiting weeks for an altcoin to pump! I promised myself I would be extremely careful with it and not make stupid greed trades.

    After 2 days, I lost 0.3btc. I had 0.7Btc left. Not the end.

    I deposit 0.3 more btc. After 1 day, I lose half of it. Then, i manage to go from about 0.15 to 0.6 btc in like 2 days. I got super excited and confident. I could beat the market!

    The same day, I go all in with one trade. I wait for a small pump to confirm that a pump will happen indeed. The small pump happens, I go all in. The next second, a crazy flash dump happens.

    0.1 left. I transfer my last 0.4 from binance to Bitmex. This was 2 days ago

    Guess what happened next?

    In 2017, I had 150k in crypto. After the market crash, I was left with 1 bitcoin. 1 bitcoin that i held for 2 years. 2 years gone in about 2 weeks.

    I cannot imagine how many people will lose their savings when binance opens up margin trading. So many people already do in Bitmex alone.

    What hurts is not losing my portfolio. What hurts is knowing I will probably miss the crypto bull market while I work in a shitty job and try to make it all back.

    submitted by /u/Dimax88
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