Losing is never something that we have planned but it happens once in a while. You just got to know when to hold and then fold.
My first big loss!
This was my first big loss in crypto, I invested in ethereum at the wrong moment. Then the price just started plummiting. Even though I've heard about ETH when it was at $0.5 I've invested when it was $10 so yeah, That was quiet a loss. But then the price started to drop even more and I don't even know how it happened but I sold half of my ETH and lost over 4 BTC overall.
I still wish that I invested even 2-3 BTC into Ethereum at that low price, but you can never know which shitcoin will rise and which one will dump. I did not do my information seeking correctly and It was then too late for me to invest.
Maybe if I thought on the long term something like this wouldn't have happened. It was very dissapointing to see so much money go by and I swered that It wouln't happen again. But then it did.
My second big loss!
Lisk was something that I invested when It was in the ICO, but I did not invest as much as I wanted to and again I bought in at the wrong time which was at around 280k when it peaked up that much, I really don't know how that happened but I thought using the YoBit graph and stuff that it would've been going more and more up.
I was and still am a beginner in trading , but I wish I would've used a demo account with all those money that I've lost. Nothing in life comes on a plate without someone making the food which is on that plate. I will have to be a lot more carefull from now on in which ShitCoins I invest and have more hope for long term results rather than short term cash in.
Steemit is still a possible Long Term but who knows, Too many whales and people just dumping their Steem as soon as they get their hands on some.
TIPS:
Never invest in at the top, very high chance of you getting burned without even knowing it. Having false hope for something is not good, just go with your gut feeling what do you think is best for you.
Never invest what you cannot afford to lose.