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Tuesday, 6 February 2018

Just lost all of my btc. Need to vent a little, so excuse me. Please don't upvote

I'm sorry for the rudeness in this post but I've been crying for the past few minutes and have nobody else to talk to about this, so I hope you guys will bear with me.

  1. Fuck BitMEX for not accepting bch deposits. I had a little bit of btc coming through a little earlier, and had it have confirmed, I would have been saved from liquidation. If BitMEX accepted bch then I could actually get my money in on time.

  2. Fuck price movements for messing me up like that.

  3. Fuck me, for being stupid enough to margin trade. I opened a long, and as the price crashed I kept adding more and more until it was 99% of my coins, and then I watched in horror as the whole thing just fucking plummeted. And as I got that liquidation notice I fucking began crying, because that money was extremely hard earned and meant the world to me. 0.25 BTC may not be a lot to some of you but it took a lot of work for me to get, and it was all gone just like that.

I had to resist the urge to take out a massive loan and gamble some more just to earn back my 0.25 coins. I understand that I should never margin trade again, and I understand how dumb of me it was to do it in the first place - I was just suffering from sunk cost fallacy. I have no idea how I will cope with this loss since this was basically my entire savings. But I will try to use this as an expensive lesson, and will use it as a permanent reminder never to repeat the mistakes I did again.

If anyone actually read this, then thank you and I hope you learnt something from my post. Please don't trade with all your coins and please don't overleverage like I did.

Proof of my liquidation

submitted by /u/alia_armelle
[link] [comments]

from Bitcoin - The Internet of Money http://ift.tt/2sb03jT

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