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Economy => Trading Discussion => Topic started by: CROYA86 on June 10, 2017, 10:46:06 AM



Title: What kind of worst decisions do you take when trading?
Post by: CROYA86 on June 10, 2017, 10:46:06 AM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?


Title: Re: What kind of worst decisions do you take when trading?
Post by: ~Bitcoin~ on June 10, 2017, 12:00:06 PM
The worst decision I have made recently was buy buying XRP at around 19000 satoshi and price is less than half right now so already in 50% loss  >:(
Don't know why I have bought it at that high price, price have touched over 22,000 satoshi and dropped to 19k so I thought it will have another round of pump but in reality it dumped hard  :-[ :-[


Title: Re: What kind of worst decisions do you take when trading?
Post by: Smarty14392 on June 10, 2017, 12:52:51 PM
If you sell someone insisting to purchase a particular coin, then its know as pumping coins. They pump or burst the coins.
The worst experience i had was purchasing POSW coin in Yobit at 19k satoshi. But now its price is around 2k satoshi. This usually happens many times in trading.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Armando on June 10, 2017, 01:33:00 PM
My worst decisions were usually selling BTCs I had to USD.... although I made some really nice returns few times, if I never sold my BTCs I would be very very very rich now  ::)


Title: Re: What kind of worst decisions do you take when trading?
Post by: gabmen on June 10, 2017, 03:21:14 PM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?


Everyone who's new to trading surely came across this mistake of being impatient and anxious when looking at the movement of coins in real time. Though one things I realized is that if you're trading, the charts are a big help to know the path of the coin you're planning on buying and that most successful trades are done for longer intervals. That means that it's irrelevant that you're looking at the coin movements every single minute because you're just going to be anxious if you see a drop then sell in panic which means loss of profit for you. Remaining patient is the best thing you can do especially if you're new.


Title: Re: What kind of worst decisions do you take when trading?
Post by: omonuyak on June 10, 2017, 03:21:26 PM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

my was not a wrong decision per said but I mistake click buy instead of sell in one of my trading ordered and I lost heavily through that mistake. Many people has different experience during trading and I have also buy a coins when the price is too high and before I know the price will drop as if it was waiting for me to drop.


Title: Re: What kind of worst decisions do you take when trading?
Post by: iluvpie60 on June 10, 2017, 03:25:44 PM
Mine was when I bought into digibyte the other day. They were in a contest where they were competing for a prize that Citi and other large organizations were hosting. There was a lot of buy buy buy in the air..

Unfortunately the price went up to 2,500 satoshi max and that is where I bought some at. They lost the contest and price immediately nose dived within hours of me buying some. Gotta love it! But I knew it was risky.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Loco Motive on June 10, 2017, 03:31:10 PM
The most important thing is learning from your mistakes, that way you can consider the losses as "learning fees" and never repeat them again.

One of my biggest losses was buying a coin on Bittrex only out of "gut feeling" but with a small portion of my portfolio (that was the only good thing in retrospect), as the price dropped i couldn't admit that i was wrong and i kept averaging down, buying more and more of the coin and getting trapped in a huge unwanted position.
In the end the pain was too much and i had to sell at a loss of 80% (consider that the entry price was even lowered by my continuous averaging down, still 80% loss), but the real problem was that that position was huge so 80% loss meant like 30-40% of my total portfolio.

I never repeated that mistake again ;)


Title: Re: What kind of worst decisions do you take when trading?
Post by: melted349 on June 10, 2017, 03:35:26 PM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

For me  the worst thing I did in trading when Iset the sell order I late notice that my sell order is missing one zero when I check it I'll already sell my coin  ;D. And that's means lost for me. And another one is not buying eth when I have time to buy it cheap and now the price is skyrocketing.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Kemarit on June 10, 2017, 05:43:49 PM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?


Not holding for a coin that long. I made the mistake of selling it right away when I saw the price jump. One of my newbie mistakes really. But now I have matured enough and not be carried by FUD's around in our forum. Although I have profited, I should have make more if not carried away by the panic selling. But now I make my own judgement on when to sell or just hold on my crypto's. Right now I'm just buying a few coins with cheap price and really holding it for a longer time and who knows maybe the coin I got will be the next big thing in the future.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Jody.Drummer on June 10, 2017, 06:33:10 PM
Wrong prediction when doing that trade that made the decision difficult,
And suffered the loss for sure.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Barbut on June 10, 2017, 06:47:59 PM
Worst decision for me was day trading, that is not for me, maybe that is not even a decision that I made it`s something that I jumped in for the first time and II was learning about trading. I just lost money with that kind of trading, I don`t remember that I ever made some profit with day trading. Only when I started to buy and hold some alt`s for a longer I started to make some profit from invested money.


Title: Re: What kind of worst decisions do you take when trading?
Post by: chaser15 on June 10, 2017, 06:52:01 PM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?


MACD is just a reference. In world of cryptocurrency, chart readings only applied for long term coins but for me still not a major thing to considered as fluctuations is really heavy and can destroy chart readings.

Don't buy when price is increasing, let them slow and wait for the correction. Don't sell when the price is already a bear market. Just want to clear things that this can't be applied to all coins as like I said, the fluctuations is really heavy and most of the scenario is manipulation.


Title: Re: What kind of worst decisions do you take when trading?
Post by: bitbunnny on June 10, 2017, 07:06:51 PM
Well, at the begininig I thought that trading is easy. You buy low, sell high, what could go wrong? But soon with my first experiences I realised things are far more complicated than that. And one of the worst decisions I've made was to trade with borrowed Bitcoins. I borrowed some coins at not so good conditions, my trading strategy went wrong and I was in troubles.


Title: Re: What kind of worst decisions do you take when trading?
Post by: machinek20 on June 11, 2017, 01:26:11 AM
Panic selling is my worst decision, when I saw the price fall down, I tend to become anxious and keep wanting to sell my coin although I am losing money, last time I did this in the next day the price went up and I really regret that I lost my control and sold that coin


Title: Re: What kind of worst decisions do you take when trading?
Post by: RedNovember on June 11, 2017, 01:27:38 AM
I tend to hoard coins when the price is high and sell when it's low

Panic selling...horrible habit

How to overcome it? I don't want to sell when high because I'm afraid I'll miss out on higher price


Title: Re: What kind of worst decisions do you take when trading?
Post by: Faiyz on June 11, 2017, 04:14:36 AM
I tend to hoard coins when the price is high and sell when it's low

Panic selling...horrible habit

How to overcome it? I don't want to sell when high because I'm afraid I'll miss out on higher price

I was just so laxdy to speculate and read an altcoin. I was just an easy victim where if many people say its good then i go. And also like minutes of regret. Price was good in a minute but the next thing you it has dropped. Most of my frustrations during the early days were like that. I even try luck and just invest in it and compair it to other altcoins that is increasing and i always believe that new altcoins has potentialos without even realizing its true purpose.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Herbert2020 on June 11, 2017, 06:39:49 AM
the worst decision that anyone can make when trading is to follow what others do.
and it gets worse when you are trading altcoins and have not that much experience in trading. and i see this every day when newbies come in and want to try trading and since they don't know what to do, they just follow others. find twitter posts, telegram groups, pump groups, etc and fall for their scam and waste their money because none of what any of them tells them is useful.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Bowly88 on June 11, 2017, 10:09:44 AM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

Well the worst trading that I have experienced is selling my xem last year where in I'm holding almost 40k xem that time. Unexpectedly, it flactuates and I have nothing to do but to watch it since it's too late for me to buy since it could dump/volatile. However, this worst decisions has been relief as I bought 1k waves last month and it doubles up its value which makes me satisfied.


Title: Re: What kind of worst decisions do you take when trading?
Post by: PokerFace3 on June 11, 2017, 10:57:21 AM
My worst decisions were usually selling BTCs I had to USD.... although I made some really nice returns few times, if I never sold my BTCs I would be very very very rich now  ::)
This is no big deal mate. At least you got at that time from it what you were expecting.
There are many people around who use to talk about it but I don’t think it is a mistake if you didn’t require the fiat at that time and you sold it for no reason then it could be addressed as a blunder but if you were in need and you sold it then you should be thankful. Also you are still in the line to earn so buy and earn more and store it for the future.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Barbut on June 11, 2017, 02:16:20 PM
the worst decision that anyone can make when trading is to follow what others do.
and it gets worse when you are trading altcoins and have not that much experience in trading. and i see this every day when newbies come in and want to try trading and since they don't know what to do, they just follow others. find twitter posts, telegram groups, pump groups, etc and fall for their scam and waste their money because none of what any of them tells them is useful.

It`s not easy to find right person to follow, but this is the same like when you follow some tipster in sport betting. It`s never smart to follow someone just like that, without checking his trading history, how much money he made or lost, and not every trader have statistic about his work. Best results are from comparing what different traders/tipsters think about the same thing, if you see the concurrence in their predictions then act, if you see that everyone thinks different find other coin to trade with or wait more.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Singwala on June 11, 2017, 02:21:09 PM
I accidentally click sell  ;D
that's the worst thing I make.


Title: Re: What kind of worst decisions do you take when trading?
Post by: gabbie2010 on June 11, 2017, 02:46:26 PM
The worst decision I took happened last year when I sold USD/JPY in for ex trading without putting a stop loss the moment I pulled trigger price reverses in opposite direction despite the fact that there was no news  and wipe out my deposit fortunately for me the money lost was less than $100.



Title: Re: What kind of worst decisions do you take when trading?
Post by: sana54210 on June 12, 2017, 03:23:56 PM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?
Well it was some six months ago when I had a chance to invest in the Ripple and I did not invested at that time though I bought it later but then the price was quite high.

I am astonished that why was I behaving like that, why didn’t I buy it at the correct time when it was offering more profit ? I still think about it sometimes that what my strategy was at that time. But a factor that I was new in trading at that time.


Title: Re: What kind of worst decisions do you take when trading?
Post by: ubercool on June 12, 2017, 03:35:01 PM
The worst decision was investing in some shitcoin on the suggestion of an old friend and hoping that it will skyrocket, later I came to know it was pumped artificially and those guys sold all their coins. Learned a very nice in that experience for some 200$. This is why I just doubt on every new ICO these days.


Title: Re: What kind of worst decisions do you take when trading?
Post by: MMysterious on June 12, 2017, 04:25:14 PM
The worst decision I have made when trading was when the coin was pumping and I didn't really know at first what to do with trading so I bought it at its peak price then in less than a minute it dumped hard and I panicked so I sold them and left me with half of the amount I bought it with. It was some experience indeed.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Termin4tor on June 12, 2017, 10:00:44 PM
The worst decision I made in trading the time when I bunch of useless old coins, thinking that they will all rise up to a point where I will make outstanding profits. This was years ago when I was very new to trading. I had a misconception that all altcoins would rise in value as fast as bitcoin does right now.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Hammonds on June 12, 2017, 10:31:07 PM
Just like you I also experienced it a few days ago, maybe because I am also new: D .. when I bought a coin at a high price and after 5 minutes I lost 40% and it seems it was a fatal mistake for me. When I hold it And wait 2 days the price down until now I lost about 70% price of the purchase price.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Japinat on June 12, 2017, 11:11:53 PM
Just like you I also experienced it a few days ago, maybe because I am also new: D .. when I bought a coin at a high price and after 5 minutes I lost 40% and it seems it was a fatal mistake for me. When I hold it And wait 2 days the price down until now I lost about 70% price of the purchase price.
Your mistake is when you sold it at a lower price, you did not follow the basic rules in trading which is to buy low and sell high, in order for you be profitable, you need to have patience and wait for the right time to sell. Just recently I can relate my experience in this topic, I bought a coin which has been dumping for weeks and I thought I will lost my money but I manage to calm down and wait for the right timing, fortunately after waiting for years the price came back to what I expected, so I am happy now since I soled it with a profit.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Dmitry.Vastov on June 13, 2017, 02:21:01 AM
It happens to me most of the time. I always buy an altcoin which is on it's peak. Then fall very deep after the pump. Some of traders attracted on pumping coins. Just like me. I always jump on peak. Thinking that i can make some $$$ in short period of time. Timing is very important when you want to trade.


Title: Re: What kind of worst decisions do you take when trading?
Post by: freedomno1 on June 13, 2017, 02:49:00 AM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?


Setting a limit thinking it was high enough only to see it get broken through when the market passed by when I was napping
It made me go what the fu damn eth.


Title: Re: What kind of worst decisions do you take when trading?
Post by: shamzblueworld on June 13, 2017, 03:38:20 AM
I think so far the decisions that I regretted are selling too early. It has happened almost with all my trades, I've sold too early on the pump if I could have hold I would have earned more than 200%, but I got about 20-50% only.
Also in a few trades I have bought at the wrong time and the value has dropped so I was stuck with the investments and had to wait long time for the price increase again to make some profit.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Mapagmahal on June 13, 2017, 04:13:20 AM
How did your trading experience make the worst decisions?

When i started trading way back in the past. I start first on my first trade and successfully bought it then when i visit again the next hours. The price drop and as a newbie, I panic then started selling the coin at low price that result in a loss. Then the price is back at the price when i bought the coin and suddenly go up. Thats leave my heart broken. haha


Title: Re: What kind of worst decisions do you take when trading?
Post by: SaShiRaJaVu on June 13, 2017, 04:49:50 AM
It happens to me most of the time. I always buy an altcoin which is on it's peak. Then fall very deep after the pump. Some of traders attracted on pumping coins. Just like me. I always jump on peak. Thinking that i can make some $$$ in short period of time. Timing is very important when you want to trade.
Trading is all about timing,if you miss that then you are going to get hurt real bad,never grab a coin when they are at their top and if you think you could make a profit by grabbing at the top then you should accept the fall too,take that as a learning experience and move on,there are plenty of ways to make good money if you know when to enter a particular coin.


Title: Re: What kind of worst decisions do you take when trading?
Post by: zidanw on June 13, 2017, 05:07:14 AM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

I have a problem about time, buy some potential altcoin for pump but at the time of pump I didn't choose login in exchanger because tired with activity in real world, that's my worst decision if I login at that time would be very profitable.


Title: Re: What kind of worst decisions do you take when trading?
Post by: bitcoinisbest on June 13, 2017, 05:37:34 AM
Did not had patience enough to hold some btc for longer period else it would have been a long term investment for future. But selling at a low price and now buying high is like a really bad scenario. But then you need to look forward and move on.


Title: Re: What kind of worst decisions do you take when trading?
Post by: carriebee on June 13, 2017, 09:27:32 AM
The worst decision I take when trading is an impulsive decision. Buying altcoin which is high at price that already took losing of btc. Also buying coin that peak its price, so many regrets but need to move on. And learn some good techniques in trading.


Title: Re: What kind of worst decisions do you take when trading?
Post by: RealPhotoshoper on June 13, 2017, 10:01:00 AM
The worst decision was investing in some shitcoin on the suggestion of an old friend and hoping that it will skyrocket, later I came to know it was pumped artificially and those guys sold all their coins. Learned a very nice in that experience for some 200$. This is why I just doubt on every new ICO these days.
Yeaaa it must be the worst decision when you think you could earn a lot of profit by bought a dead shitcoin.
Only few people who successfully take benefit from the shitcoins and sometimes it could gives you %1000 percent profit.
But mostly just running away for exit scam , noone have to take that very big risk.


Title: Re: What kind of worst decisions do you take when trading?
Post by: BunnyShibe on June 13, 2017, 06:16:00 PM
It happens to me most of the time. I always buy an altcoin which is on it's peak. Then fall very deep after the pump. Some of traders attracted on pumping coins. Just like me. I always jump on peak. Thinking that i can make some $$$ in short period of time. Timing is very important when you want to trade.
that is just part of trading that some time you make good profit while other time we even lose money. we just need have good study about the market and where we are going to put our money, in fact some time. in fact no one can be perfect in this world. some this our calculation and our analysis proves as wrong and instead of making money we even book a big lost. and for me i also passed from such kind of situation for so many time. but still i am confident and hopeful that still i have good opportunities to make more and more profit.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Silberman on June 14, 2017, 03:41:31 AM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

One of the worst mistakes you can make is, when holding long term and you to sell for a loss, I know that is difficult to hold when your investment is under water, but if you are really a long term holder then you need to do that and hold no matter what, you only materialize your losses when you sell so if you hold out then the chances the price goes up again are high.


Title: Re: What kind of worst decisions do you take when trading?
Post by: wahb on June 14, 2017, 06:04:49 PM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

One of the worst mistakes you can make is, when holding long term and you to sell for a loss, I know that is difficult to hold when your investment is under water, but if you are really a long term holder then you need to do that and hold no matter what, you only materialize your losses when you sell so if you hold out then the chances the price goes up again are high.
yes that is a fact that most of the people do not have patient and they cannot wait for a long time to hold bitcoin. on other side most of the people do not have experience in trading and investment and when the the price start falling they cannot bare that and decide to get red form their bitcoin, even ready do book lost, very few people have the courage to hold bitcoin even in panic selling.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Monnt on June 15, 2017, 07:59:15 AM
the worst decision that anyone can make when trading is to follow what others do.
and it gets worse when you are trading altcoins and have not that much experience in trading. and i see this every day when newbies come in and want to try trading and since they don't know what to do, they just follow others. find twitter posts, telegram groups, pump groups, etc and fall for their scam and waste their money because none of what any of them tells them is useful.

It`s not easy to find right person to follow, but this is the same like when you follow some tipster in sport betting. It`s never smart to follow someone just like that, without checking his trading history, how much money he made or lost, and not every trader have statistic about his work. Best results are from comparing what different traders/tipsters think about the same thing, if you see the concurrence in their predictions then act, if you see that everyone thinks different find other coin to trade with or wait more.
This is why I am not in favour of following someone in trading.
In trading you need to accumulate form as much people as you can and then it depends upon your skills to recognize the experienced and the competent one of those and then work yourself on the currency that you want to invest in.

But only invest in it after you are done with the study and research work properly. This will enable you to find the right person for the advice and the right currency to invest in.


Title: Re: What kind of worst decisions do you take when trading?
Post by: The_Dark_Knight on June 16, 2017, 12:55:46 AM
My worst decisions were usually selling BTCs I had to USD.... although I made some really nice returns few times, if I never sold my BTCs I would be very very very rich now  ::)
You are still not that late, make an effort to get as much bitcoin as you can, but I will admit that if got early in bitcoin and sold only to find out the incredible growth of bitcoin I will be disappointed as well, but there is no point looking at the past, make an effort to at least get an early retirement with bitcoin.


Title: Re: What kind of worst decisions do you take when trading?
Post by: izanagi narukami on June 16, 2017, 02:37:37 AM
I'm ever invest on Hyper when the value still 3000 satoshi and I'm sold it all when it reach 6000 satoshi
And guess what ? Hyper able to reach 16 k satoshi ! I'm very regret for this although I'm not experience any loss but I'm still not good for trading


Title: Re: What kind of worst decisions do you take when trading?
Post by: Japinat on June 16, 2017, 07:34:08 AM
I always regret selling my btc because they always rise after me selling.  >:(
That's funny, it's like you are always making the same mistake again, what do you get in selling? is it profit right?
No problem in selling if you need to cash out but if you want bitcoin as your long term investment, you should be willing to hold longer as it is where
you get the best ROI in the long run.


Title: Re: What kind of worst decisions do you take when trading?
Post by: gabmen on June 18, 2017, 01:19:59 PM
I always regret selling my btc because they always rise after me selling.  >:(
That's funny, it's like you are always making the same mistake again, what do you get in selling? is it profit right?
No problem in selling if you need to cash out but if you want bitcoin as your long term investment, you should be willing to hold longer as it is where
you get the best ROI in the long run.

Well you'd have to sell those btcs evemtually one time or another ao i think if you were comfortable during the timw you sold it and if you've profitted from it already, i don't think its a mistake anymore. Try to start again. But btc and then hold on to them again and qait for a time when you've profitted and you're comfortable


Title: Re: What kind of worst decisions do you take when trading?
Post by: raven7886 on June 18, 2017, 01:59:38 PM
I always regret selling my btc because they always rise after me selling.  >:(
That's funny, it's like you are always making the same mistake again, what do you get in selling? is it profit right?
No problem in selling if you need to cash out but if you want bitcoin as your long term investment, you should be willing to hold longer as it is where
you get the best ROI in the long run.
It is not a mistake nor funny but it is just a part of every trader's life. No one will be capable of predicting accurately all the times. Moreover selling bitcoins at any prices will make any trader regretting one day or other. Because bitcoin is in up surge mode in its all life time so far and we can be sure this trend will continue for another century too. So, selling bitcoins and regretting for not at right prices may persist with any trader even in upcoming years too.

In my opinion we should not bother about price levels after exiting a positions. But we should bother about booking profits for one particular trade and should focus on making profits with next trade, that's all.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Singwala on June 18, 2017, 04:31:51 PM
The worst decisions i made is when i was sell my 500,000 XBY in 14 Satoshi = . Then after a couple of days XBY started to pump up to 100 sats.
That time i say to my self your idiot singwala. i watch XBY everyday and day by day i see the price go high and high ! up to 1,500 sats

Moral lesson - Wait,Patients, And Knowledge  >:(


Title: Re: What kind of worst decisions do you take when trading?
Post by: Bagaji on June 18, 2017, 08:06:20 PM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

The wrong decision I have ever made in trading crypto currency was when I bought a currency that I know nothing about (DGB). I bought this currency when the market volume was around 40,000 and market trend was -13 . It took the currency three good days to move to -30 against my position, and I have to remain in the market maybe it will move in my favor but to know avail. But when the market later move in my favor to -3 almost to positive direction, the market volume has reduces from 40,000  to 16,000, so despite the fact that the market has moved in my favor but I was still loosing my Satoshi from 1,175,000 to 761,000 . Then I now decided that I need to sell before something else will happen to my Satoshi and never to trade any currency that I know nothing about again. This is my story.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Blackdeath on June 18, 2017, 11:15:29 PM
The worst decisions i made is when i was sell my 500,000 XBY in 14 Satoshi = . Then after a couple of days XBY started to pump up to 100 sats.
That time i say to my self your idiot singwala. i watch XBY everyday and day by day i see the price go high and high ! up to 1,500 sats

Moral lesson - Wait,Patients, And Knowledge  >:(
That's the problem in selling altcoins without any basis but getting tired of waiting but it's nor really great to blame yourself. To avoid that regrets, I always tend checking its resistance and support so I can know if the coin that I'm holding has a potential to pump.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Soranith on June 19, 2017, 08:49:31 AM
I actually have many worst decision made in trading and one of them is when I bought SC at a price of 50 satoshi then sold it at around 58 satoshi and looking at SC price its already 635 satoshi if I haven't sell mine then I would be rich by now.. Lesson learned is HOLD or take the captial and leave the profit.


Title: Re: What kind of worst decisions do you take when trading?
Post by: gabbie2010 on June 19, 2017, 05:45:49 PM
The worst decision I ever took is when trading forex instrument i.e, USD/JPY I forgot to put a stop loss in that particular trade when I pulled the trigger for a sale signal the price went up against me and wipe out all my investment I was  very lucky that it was a small investment however I had learnt a lesson of putting a stop loss in every of my trade.


Title: Re: What kind of worst decisions do you take when trading?
Post by: The_Dark_Knight on June 22, 2017, 03:33:05 AM
The worst decisions i made is when i was sell my 500,000 XBY in 14 Satoshi = . Then after a couple of days XBY started to pump up to 100 sats.
That time i say to my self your idiot singwala. i watch XBY everyday and day by day i see the price go high and high ! up to 1,500 sats

Moral lesson - Wait,Patients, And Knowledge  >:(
That happens to everyone once in a while if you are a trader, the most important thing is to stop thinking about that and concentrate to make as much money in your future trades.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Stavri on June 22, 2017, 07:56:08 AM
I do sometimes like this. When the price goes so up and passes to up bolinger band, i sell it thinking that price will go down and i ll buy again after price drops. But mostly it doesnt drops nowadays but increases more and more, and then i start to panic and buy from very up. This time price starts to drop  ;D It happens many times especially for last a few months  ;D


Title: Re: What kind of worst decisions do you take when trading?
Post by: wuvdoll on June 22, 2017, 01:21:46 PM
The worst decisions i made is when i was sell my 500,000 XBY in 14 Satoshi = . Then after a couple of days XBY started to pump up to 100 sats.
That time i say to my self your idiot singwala. i watch XBY everyday and day by day i see the price go high and high ! up to 1,500 sats

Moral lesson - Wait,Patients, And Knowledge  >:(
That happens to everyone once in a while if you are a trader, the most important thing is to stop thinking about that and concentrate to make as much money in your future trades.
Yes, we can see many traders are making some silly mistakes which are common for almost all the traders still they are worrying and giving more weight like it is their life changing mistakes and what I do understand from this, is if they are not focusing  back to trading then they will keep on repeating these types of mistakes in future trading too. It will be very dangerous for the progress in trading.

We need to classify what are the mistakes should be avoided and what are the mistakes could be neglected. Based on this classification we need to react accordingly.


Title: Re: What kind of worst decisions do you take when trading?
Post by: stomachgrowls on June 22, 2017, 01:26:43 PM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

MACD is really a good technical tool but it wont work anytime here on this cryptoworld.We do have really in common mistakes for us traders. My worst decision to make is when i do make a panic sell when i saw the coins i bought was dropping and i dont have dont choice but to cut losses,i know it sucks but this thing is really common among newbie traders.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Larva14 on June 22, 2017, 01:50:36 PM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

It's when I didn't do long term trading. Ever since, I used to do short trading which is less profitabl but less risky. However, I have waste the opporunity to multiply my money in such altcoins that multplied upto ×70 already. Thus, I'm doing both styles of trading.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Freezingel on June 22, 2017, 02:07:53 PM
I became too greedy im verge, bought at 110 and could've sell at 220-240. Got to greedy and now the price is about 140. Still profit but a lot less than before.


Title: Re: What kind of worst decisions do you take when trading?
Post by: gabmen on June 27, 2017, 10:50:19 AM
I became too greedy im verge, bought at 110 and could've sell at 220-240. Got to greedy and now the price is about 140. Still profit but a lot less than before.

This keeps on happening to me also even though i've been trading for quite some time now. I think a worse thing to do here is to let that regret affect your other trading decisions. I've realized that i won't be able to hit the max exit point all he time so as long as i profit, i'm cool with it. There's always a next time anyways.


Title: Re: What kind of worst decisions do you take when trading?
Post by: harizen on June 27, 2017, 11:26:47 AM
If the loss is just about 50% then don't consider as worst loss. That's the time it will test how good you are handling your portfolios. Don't ever sold during bearish market. It's like selling thru dips instead of buying it.

People have an option to buy again at those dips and just hold those who coins who are already on reds. Somehow even it will not reached again their selling rate at least closer than that. Patience is always the key.


Title: Re: What kind of worst decisions do you take when trading?
Post by: jems on June 27, 2017, 12:00:04 PM
My worst decision is investing on uknown cryptocurrency or not knowing its roadmaps ,projects and plan . I invested in the shitcoins or scam coins as other traders called it. I trade for almost 1 year and badly lost my big investments .Now i learned from it and continue trading without confusing and afraiding that i might lose in my investments.


Title: Re: What kind of worst decisions do you take when trading?
Post by: nasipadang on June 27, 2017, 12:26:36 PM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

It ever happened to me too, my worst decision is when there is a good signal and want to take action but not any balance on the exchanger site, when it was being moved to another exchanger site and on that site there's no it's altcoin


Title: Re: What kind of worst decisions do you take when trading?
Post by: ladydark on June 27, 2017, 02:06:05 PM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

I have also faced same situations earlier.When i was a new trader,i used to see some altcoins price going very high and due to FOMO,i bought such coins without knowing that it is being pumped and faced sudden fall in price due to dump and i was even unable to put a sell order as the price was falling very fast.At last,i sold such coins for very low price.It must be a great lesson to newbies.


Title: Re: What kind of worst decisions do you take when trading?
Post by: The_Dark_Knight on June 30, 2017, 02:34:41 AM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

MACD is really a good technical tool but it wont work anytime here on this cryptoworld.We do have really in common mistakes for us traders. My worst decision to make is when i do make a panic sell when i saw the coins i bought was dropping and i dont have dont choice but to cut losses,i know it sucks but this thing is really common among newbie traders.
Technical analysis is not really the appropriate tool to apply in many of the coins, maybe you can use it in bitcoin or Ethereum but it is not really the right tool for something like coins with very low market cap that can easily be manipulated by the whales.


Title: Re: What kind of worst decisions do you take when trading?
Post by: hase0278 on June 30, 2017, 03:49:15 AM
The worst decision that I have made when I was still trading without ever looking on a coin's roadmap and more a year ago is buying a shitcoin that was pumped to 10 satoshi from 1 satoshi then it have gone back to 1 satoshi overnight leaving me being unable to sell it. I am still holding that particular coin right now unable to sell it just because many are also holding creating a sell wall at 1 satoshi. I have made no profit and lost all the money I invested on it.


Title: Re: What kind of worst decisions do you take when trading?
Post by: sweetbet on June 30, 2017, 04:42:12 AM
Not researching a coin enough before jumping in and buying it, at a not-so-great a price.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Japinat on June 30, 2017, 05:13:14 AM
The worst decision that I have made when I was still trading without ever looking on a coin's roadmap and more a year ago is buying a shitcoin that was pumped to 10 satoshi from 1 satoshi then it have gone back to 1 satoshi overnight leaving me being unable to sell it. I am still holding that particular coin right now unable to sell it just because many are also holding creating a sell wall at 1 satoshi. I have made no profit and lost all the money I invested on it.
It teaches us some lessons and I hope on your experience you learned, actually when we are just newbie we are so aggressive because we like to have the success of some traders and since there are a lot of coins that are available here we might be tempted to jump on a highly volatile to get the best profit.
Sadly, not all the time we have what we expected, sometimes we lose and sometimes we win but what matters is our goal is for long term and we learned.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Ucy on June 30, 2017, 05:21:22 AM
Shorting when the market is going against me and buying after a pump, my two biggest mistakes. I learned my lessons already.


Title: Re: What kind of worst decisions do you take when trading?
Post by: decoder88 on June 30, 2017, 06:33:20 AM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

My worst decision is selling the ICO I invested at cheap price. It multiplies by three times and I regret it. Fortunately, i have recovered from that loss from the other currency I invested.


Title: Re: What kind of worst decisions do you take when trading?
Post by: yoonah on June 30, 2017, 07:28:53 AM
My worst decision I take when trading is when I see a coin I just bought dump to 20% I panic right away and then sell it after how many days it bounce back to the price I bought it.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Armando on July 01, 2017, 02:24:22 PM
If the loss is just about 50% then don't consider as worst loss. That's the time it will test how good you are handling your portfolios. Don't ever sold during bearish market. It's like selling thru dips instead of buying it.

People have an option to buy again at those dips and just hold those who coins who are already on reds. Somehow even it will not reached again their selling rate at least closer than that. Patience is always the key.

losing 50% of $100 differs from losing 50% of $100k, no? ))

patience may be always the key, but is not always the key to success - many (once) "hot altcoins" would never reach the heights they got during the first days... there are A LOT of examples


Title: Re: What kind of worst decisions do you take when trading?
Post by: xFiber on July 01, 2017, 04:07:07 PM
A mistake I make on a regular basis is looking for trades when I have money available. If I have some btc in my trading balance I tend to look for trades just for the sake of it rather than making a rational decision.


Title: Re: What kind of worst decisions do you take when trading?
Post by: gabmen on July 02, 2017, 10:54:58 AM
A mistake I make on a regular basis is looking for trades when I have money available. If I have some btc in my trading balance I tend to look for trades just for the sake of it rather than making a rational decision.

I'm not sure about what you're tryong to point out dude. Trading involves making rational and calculated decisions. I don't know you considering making trades as a mistake but definitely if you know what you're doing you'll be making good profits


Title: Re: What kind of worst decisions do you take when trading?
Post by: Question123 on July 02, 2017, 12:14:05 PM
I have a lot of worst decision I made in trading . Like before I buy cionz last few years ago. The price is less than 5 satoshi and after few hours my money lose and other also. But After many failure they have success . I suggest before buying altcoin make sure ou will make a lot of research first so you can the coin you want to buy have potential to increase or not. And also selling altcoin so you can know also the coin you want to sell have increase more.


Title: Re: What kind of worst decisions do you take when trading?
Post by: mattermaster on July 02, 2017, 12:17:10 PM
Whenever we commit to sell our available bitcoin funds, we usually think that the value of Bitcoin will raise more.
This perception often stops is to sell and soonafter we hopelessly see its value going beyond our expectations!
That actually is called a worst decision


Title: Re: What kind of worst decisions do you take when trading?
Post by: Ayiranorea on July 02, 2017, 12:24:07 PM
Whenever we commit to sell our available bitcoin funds, we usually think that the value of Bitcoin will raise more.
This perception often stops is to sell and soonafter we hopelessly see its value going beyond our expectations!
That actually is called a worst decision
But the same won't be happening all the time. Because you itself think in a better way about the same. At some point you thought of selling and made it, but the fortune took place and price moved forward and if the price has gone downwards then you'll say you're unlucky. This doesn't look to be a mistake, these are one form of luck.


Title: Re: What kind of worst decisions do you take when trading?
Post by: amaral1977 on July 03, 2017, 10:10:03 AM
The biggest mistakes are usually tradig blindly without knowladge, almost as gambling and going in in the hype and leaving in the FUD.

You should go in when people are shouting dead coin, and get out when people are saying it will triple on top of a rallie.

Of course sometimes the coin is really dead or the rallie isnt over...but thats i, the market isn´t always predictable.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Potato Chips on July 03, 2017, 03:51:16 PM
The biggest mistakes are usually tradig blindly without knowladge, almost as gambling and going in in the hype and leaving in the FUD.

You should go in when people are shouting dead coin, and get out when people are saying it will triple on top of a rallie.

Of course sometimes the coin is really dead or the rallie isnt over...but thats i, the market isn´t always predictable.

Thats too vague, everytime people are shouting that this certain coin is dead, no future, gonna dump soon etc. at the same time there are another people who are saying the

exact opposite of it. you can'r know the exact thing they're saying because not everyone has the same goals. maybe they wanted the coin to drop so they can buy more, maybe

they are just trolling and lastly maybe they wanted the coins price to go up.



the right thing to do is to be updated on what's happening in other words to gain knowledge like what you have said. think before you act.


Title: Re: What kind of worst decisions do you take when trading?
Post by: iram3130 on July 03, 2017, 04:30:39 PM
The worst decision I made is to invest in ICO's. Some of them have me profit but loss is more than what I have earned from them so I have made a decision of not investing in ICO's until it is backed up by a good community and has a future.


Title: Re: What kind of worst decisions do you take when trading?
Post by: unusualfacts30 on July 03, 2017, 05:26:17 PM
I usually hold it for long term but I have invested in some bad ICO in the past and panic selling is another big one I used to do. You have to control your emotions, trying to fight the market will only exhaust you.


Title: Re: What kind of worst decisions do you take when trading?
Post by: john2231 on July 03, 2017, 06:13:41 PM
The worst decision I made is to invest in ICO's. Some of them have me profit but loss is more than what I have earned from them so I have made a decision of not investing in ICO's until it is backed up by a good community and has a future.
This is exactly what i experience buying ICO's gaining good profit but in the end losing a lot in ICO's that is why i stop investing in new altcoin because i think they are just the same as pyramid scheme.. and some of the other ICO are just use just to pump the price of other altcoin..
So for now i changed my strategy i am now choosing the top 20 altcoin where those coin can stay for too long and you can be still holding them for a long time and wait for the price increase back again and gaining a real profit..
The majority of my coins are litecoin xmr ethereum those are the best to me to hold because of the movement of the price even its not fast movement i still waiting for a long time and wait for the price increased before i sell and make profit..


Title: Re: What kind of worst decisions do you take when trading?
Post by: Nicol3 on July 04, 2017, 04:09:53 AM
The worst decision I made was when a friend of mine said that FDLC will pump that week, so here I am trusting him that it'll pump. What I did was I bet most of my money on FDLC (so wrong), then was waiting for until dawn, a day then a day went to two days then it turned into a week and it didn't pump at all it even dumped. So I sold it with no profit, that was one of the worst decisions I did when trading.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Savemore on July 04, 2017, 04:44:12 AM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

My worst decision is when I sell my some coins and suddenly that coins is pump up and I really regret that because the coin that I hold pump 2x its value. So from now on I hold different coins.


Title: Re: What kind of worst decisions do you take when trading?
Post by: quarkyplum on July 04, 2017, 05:10:02 AM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

My worst decision is when I sell my some coins and suddenly that coins is pump up and I really regret that because the coin that I hold pump 2x its value. So from now on I hold different coins.
When trading with type holder, the most important factor is patience and calm with any situation. Set target and forget that coin bought, and when a beutiful day, you can see a huge profit from this coin ;D


Title: Re: What kind of worst decisions do you take when trading?
Post by: Japinat on July 04, 2017, 05:30:58 AM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

My worst decision is when I sell my some coins and suddenly that coins is pump up and I really regret that because the coin that I hold pump 2x its value. So from now on I hold different coins.
When trading with type holder, the most important factor is patience and calm with any situation. Set target and forget that coin bought, and when a beutiful day, you can see a huge profit from this coin ;D
The coins we have will always pump and dump because it's the nature of cryptocurrency and therefore we should wait for the right timing to buy and sell in order to make profit. Never regret when you sold your coins as long as you did it for profit, the price may dump therefore patience is necessary to sell when its back up again.


Title: Re: What kind of worst decisions do you take when trading?
Post by: HasHe on July 04, 2017, 05:39:26 AM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

In earlier stages,due to FOMO,on seeing the sudden rise of price in altcoins,i would immediately buy that coin thinking that it would increase more.But i was not aware that the coin is being pumped.Immediately,its price would start falling due to dumping and due to panic,i would try to sell it and end up with huge loss by selling it at very low price.


Title: Re: What kind of worst decisions do you take when trading?
Post by: rickadone on July 04, 2017, 08:40:44 AM
If the loss is just about 50% then don't consider as worst loss. That's the time it will test how good you are handling your portfolios. Don't ever sold during bearish market. It's like selling thru dips instead of buying it.

People have an option to buy again at those dips and just hold those who coins who are already on reds. Somehow even it will not reached again their selling rate at least closer than that. Patience is always the key.

losing 50% of $100 differs from losing 50% of $100k, no? ))

patience may be always the key, but is not always the key to success - many (once) "hot altcoins" would never reach the heights they got during the first days... there are A LOT of examples
Well said, it is a good suggestion to sight back on to the history.
I think it is not the right time to invest into any of the crypto currency, it is just a personal opinion I may not be right all of the time, but I am smelling things at the moment that the prices will go down more even. If you have holdings then no need to get panic I will suggest to convert them into the bitcoin and the bitcoin price will once again boom in the next three months.


Title: Re: What kind of worst decisions do you take when trading?
Post by: BarbieCasino on July 06, 2017, 01:00:06 PM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

My worst decision is when I sell my some coins and suddenly that coins is pump up and I really regret that because the coin that I hold pump 2x its value. So from now on I hold different coins.
When trading with type holder, the most important factor is patience and calm with any situation. Set target and forget that coin bought, and when a beutiful day, you can see a huge profit from this coin ;D
The coins we have will always pump and dump because it's the nature of cryptocurrency and therefore we should wait for the right timing to buy and sell in order to make profit. Never regret when you sold your coins as long as you did it for profit, the price may dump therefore patience is necessary to sell when its back up again.
yes people buy and hold bitcoin to get some profit not loss all the time they spend their investment on it and I suppose the worst decision one make in trading is to hold your bitcoin for long term and then sell it on a loss I can imagine how difficult it could be to hold when your investment is under risk. So we should wait for right time.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Blitzboy on July 19, 2017, 07:12:01 PM
The most common mistake which all traders have been through is that they are not patient enough. I have a big mistake in the past which I very very regret. There is a coin name XVG on bittrex and when it was 50, I bought some of them and when the price drop, I sold all of them when it decreased to 45. Then, suddenly, it hit 200. WEll, that was my damn mistake and I was very sad after that


Title: Re: What kind of worst decisions do you take when trading?
Post by: amaral1977 on July 19, 2017, 09:35:32 PM
The biggest mistake i keep making is buying into a hyped shitcoin. It happened before, happens a lot less lately, but it still happens. Im just bored looking at the charts and i eventually jump in a hype of shit. needless to say i have Bags of shit. ATM two. BestChain and Lizi.


Title: Re: What kind of worst decisions do you take when trading?
Post by: tittensor on July 20, 2017, 04:26:08 AM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

MACD is really a good technical tool but it wont work anytime here on this cryptoworld.We do have really in common mistakes for us traders. My worst decision to make is when i do make a panic sell when i saw the coins i bought was dropping and i dont have dont choice but to cut losses,i know it sucks but this thing is really common among newbie traders.
Technical analysis is not really the appropriate tool to apply in many of the coins, maybe you can use it in bitcoin or Ethereum but it is not really the right tool for something like coins with very low market cap that can easily be manipulated by the whales.
Technical analysis can help you visualize the market with a simple picture demonstrates the psychology of investors, when trading with crypto have high amplitude fluctuations as ETH and BTC, you need usually check the chart and keep calm when making the decision if not want take loss, the whale just create wave for pig and chicken surf it ;)


Title: Re: What kind of worst decisions do you take when trading?
Post by: Simss on July 20, 2017, 03:37:07 PM
I've done the same thing as you, and here I feel so sorry.


Title: Re: What kind of worst decisions do you take when trading?
Post by: herurist on July 20, 2017, 04:36:59 PM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?


That's fine, everyone makes mistakes and sometimes more worst than you did. From your post, I can said you're wrong read indicator. MACD is more powerful when you use long time period ( h4, day, week, month ), manage your money with martiangle strategy and try again. Don't forget your stop loss and take profit. My biggest mistake on trading is just one, I always hold when the price still not reaches the buy area. Sometimes the price never been there and hold more longer make me panic sell. Have a nice trading.


Title: Re: What kind of worst decisions do you take when trading?
Post by: shirazteam110 on July 20, 2017, 11:11:29 PM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

you are doing a Big mistake at the time of pump might be you bought. When Pump group buying coin then dont touch any coin


Title: Re: What kind of worst decisions do you take when trading?
Post by: AliMan on July 21, 2017, 05:27:44 PM
The most common mistake which all traders have been through is that they are not patient enough. I have a big mistake in the past which I very very regret. There is a coin name XVG on bittrex and when it was 50, I bought some of them and when the price drop, I sold all of them when it decreased to 45. Then, suddenly, it hit 200. WEll, that was my damn mistake and I was very sad after that
yeah i been through that setuation when i first start trading im so weak hands so nervous thats why im so great that some body teach me
the proper mind set of trading and im doing research now.


Title: Re: What kind of worst decisions do you take when trading?
Post by: yoonah on July 26, 2017, 01:53:46 PM
The most common mistake which all traders have been through is that they are not patient enough. I have a big mistake in the past which I very very regret. There is a coin name XVG on bittrex and when it was 50, I bought some of them and when the price drop, I sold all of them when it decreased to 45. Then, suddenly, it hit 200. WEll, that was my damn mistake and I was very sad after that
yeah i been through that setuation when i first start trading im so weak hands so nervous thats why im so great that some body teach me
the proper mind set of trading and im doing research now.

I've been in this situation too and I think most of the newbies go through in this kind of situation even if they have a mentor. The market has a very big role in playing our emotions and as a newbie its so easy for us to panic sell because we think we are going to lose everything we have without any knowledge that after the dumping there comes the pump and more. I have learned in months of being here in cryptoworld and I can say that I am better now than yesterday.


Title: Re: What kind of worst decisions do you take when trading?
Post by: crazycatwoman03 on July 30, 2017, 01:49:58 PM
The most common mistake which all traders have been through is that they are not patient enough. I have a big mistake in the past which I very very regret. There is a coin name XVG on bittrex and when it was 50, I bought some of them and when the price drop, I sold all of them when it decreased to 45. Then, suddenly, it hit 200. WEll, that was my damn mistake and I was very sad after that
yeah i been through that setuation when i first start trading im so weak hands so nervous thats why im so great that some body teach me
the proper mind set of trading and im doing research now.

I've been in this situation too and I think most of the newbies go through in this kind of situation even if they have a mentor. The market has a very big role in playing our emotions and as a newbie its so easy for us to panic sell because we think we are going to lose everything we have without any knowledge that after the dumping there comes the pump and more. I have learned in months of being here in cryptoworld and I can say that I am better now than yesterday.

Yeah we all have been there. Every newbie in trading must have experienced that, I think it is just necessary for us to experience that in order to teach us a lesson which is to be very patient. I also regret selling one of my coins when the split and segwit news was fresh and hot. I loss the opportunity to earn half from that coin and I was very sad because of that.

The market can really affect our emotions in trading. We do not know when is the right time to sell for us to gain profit and there are times when we had already sold our coins when its price suddenly pumps. Again, another loss profit.


Title: Re: What kind of worst decisions do you take when trading?
Post by: ilovefeetsmell on July 30, 2017, 02:04:52 PM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

For me  the worst thing I did in trading when Iset the sell order I late notice that my sell order is missing one zero when I check it I'll already sell my coin  ;D. And that's means lost for me. And another one is not buying eth when I have time to buy it cheap and now the price is skyrocketing.
I currently trade my tokens into eth, I don't know if it is a good decision because Bitcoin will split after a moment. I don't know if my Bitcoin will appear in my wallet. My worst moment and wrong decision is to sell my coins at the lowest price then after a minute, the price recover. I lost a lot of money!

Learn from our mistake will lead to us a good decision making. From now on, I will choose for the better and always think twice before I can trade my coins.


Title: Re: What kind of worst decisions do you take when trading?
Post by: knightmairesaint on July 31, 2017, 04:41:31 AM
The most common mistake which all traders have been through is that they are not patient enough. I have a big mistake in the past which I very very regret. There is a coin name XVG on bittrex and when it was 50, I bought some of them and when the price drop, I sold all of them when it decreased to 45. Then, suddenly, it hit 200. WEll, that was my damn mistake and I was very sad after that
yeah i been through that setuation when i first start trading im so weak hands so nervous thats why im so great that some body teach me
the proper mind set of trading and im doing research now.

I've been in this situation too and I think most of the newbies go through in this kind of situation even if they have a mentor. The market has a very big role in playing our emotions and as a newbie its so easy for us to panic sell because we think we are going to lose everything we have without any knowledge that after the dumping there comes the pump and more. I have learned in months of being here in cryptoworld and I can say that I am better now than yesterday.

Yeah we all have been there. Every newbie in trading must have experienced that, I think it is just necessary for us to experience that in order to teach us a lesson which is to be very patient. I also regret selling one of my coins when the split and segwit news was fresh and hot. I loss the opportunity to earn half from that coin and I was very sad because of that.

The market can really affect our emotions in trading. We do not know when is the right time to sell for us to gain profit and there are times when we had already sold our coins when its price suddenly pumps. Again, another loss profit.

I also think that it is also a bad decision to sell your coins if you don’t need some money. I have heard that holding coins are better than selling it and another said that use your coins to invest for other coins.

Recently, I had sold my coins that I have earned from an altcoin and because I am a newbie trader, when I learned that its price can reach up to 0.001 BTC, I was really disappointed because I have sold it at 0.0003 BTC only. Huge difference right? What I learned from that is to observe first the previous market price.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Bianxee on July 31, 2017, 05:06:27 AM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

Its a wrong move buying at the price in the peak or when it pumps , But its normal experience of a newly trader .
Worst decision is not selling and investing in a Unknown coins without any forum or information background in a coin , This coins are called "Scam Coins" most of the time.


Title: Re: What kind of worst decisions do you take when trading?
Post by: nicolas1979 on July 31, 2017, 05:44:35 AM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?


My worst decision only buy too high and sell too low, just like you did. From this mistake, I learn to use stop loss to minimalize loss. But my first mistake with trading is trying with real money without knowledge. Lost almost 40% from my money in just 15 minutes. Mistakes is good to learn how to deal the real market, just need hard work to understand. Good luck.


Title: Re: What kind of worst decisions do you take when trading?
Post by: hasmukh_rawal on July 31, 2017, 06:12:45 AM
taking part in pump and dump was the worst decision i took. it made me a bag holder. lost my precious coins.


Title: Re: What kind of worst decisions do you take when trading?
Post by: finzyoj on July 31, 2017, 06:38:00 AM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

My worst trading experience is the ETT, I trade some of my ett in small amount, it is ok because I need a money for my allowance and finacial needs. The next is, all my ETT was trade to bitcoin, I sell it in high price but the moment I convert it to local currency, shit it is dumping, I need a money for my mother's medicine. As what I observed the price is continuously dumping because of the news on august 1. So I have no choice, I convert it to local currency. After 3 days, I see the market price, shock the price is high, I lost almost 15k in peso.


Title: Re: What kind of worst decisions do you take when trading?
Post by: betlord90 on July 31, 2017, 07:12:47 AM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

My worst trading experience is the ETT, I trade some of my ett in small amount, it is ok because I need a money for my allowance and finacial needs. The next is, all my ETT was trade to bitcoin, I sell it in high price but the moment I convert it to local currency, shit it is dumping, I need a money for my mother's medicine. As what I observed the price is continuously dumping because of the news on august 1. So I have no choice, I convert it to local currency. After 3 days, I see the market price, shock the price is high, I lost almost 15k in peso.

Theirs so many people regretting to not sell when buy walls are available on dex and tidex since look what happen after they lift out those walls the price seems go down for more and its pretty awfull to see that this coin is getting hard time to recover again since the price fallen for deepest part of its price. But who knows maybe someday it will pump and people can gain more with this.


Title: Re: What kind of worst decisions do you take when trading?
Post by: gabbie2010 on July 31, 2017, 07:31:30 PM
My worst decision in trading was when I was to trading forex without a stop loss, I watched helplessly when the price moved against me and wipe all my fund fortunately for me I was trading with a small amount of money I actually learnt a lesson while trading forex, stop loss is a must for me regardless of the price movement.


Title: Re: What kind of worst decisions do you take when trading?
Post by: weblouartisan on August 29, 2017, 05:26:21 PM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?


My worst decision only buy too high and sell too low, just like you did. From this mistake, I learn to use stop loss to minimalize loss. But my first mistake with trading is trying with real money without knowledge. Lost almost 40% from my money in just 15 minutes. Mistakes is good to learn how to deal the real market, just need hard work to understand. Good luck.

All the beginner traders are dealing with that kind of mistake because they still do not have a good analyzation about the coin they are investing and probably they will not know what is the best coin to invest if you are just starting to trade. The basic thing to know about trading is buy when low then sell if the price rise up again and my biggest mistake is i always panic when my coins value are going low and i think that's every beginner's problem because at that time they sell their coins at the lowest price they can.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Lanatsa on August 29, 2017, 05:50:36 PM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?


My worst decision only buy too high and sell too low, just like you did. From this mistake, I learn to use stop loss to minimalize loss. But my first mistake with trading is trying with real money without knowledge. Lost almost 40% from my money in just 15 minutes. Mistakes is good to learn how to deal the real market, just need hard work to understand. Good luck.

All the beginner traders are dealing with that kind of mistake because they still do not have a good analyzation about the coin they are investing and probably they will not know what is the best coin to invest if you are just starting to trade. The basic thing to know about trading is buy when low then sell if the price rise up again and my biggest mistake is i always panic when my coins value are going low and i think that's every beginner's problem because at that time they sell their coins at the lowest price they can.
I do strongly believe that panic selling is the most common mistake of newbies even on some people do have experienced already on which they do still panic when they saw that their portfolio is on reds but well this kind of mistake would really mold us later to be a better trader later on and would really gain experience along the way.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Dart315 on August 30, 2017, 02:39:15 AM
The worst decision I have made recently was buy buying XRP at around 19000 satoshi and price is less than half right now so already in 50% loss  >:(
Don't know why I have bought it at that high price, price have touched over 22,000 satoshi and dropped to 19k so I thought it will have another round of pump but in reality it dumped hard  :-[ :-[

 ;D
I bought XRP in july as well. The hype in telegram's communities around XRP is ridiculous. Now I think it's just a prank to tease a newbies.


Title: Re: What kind of worst decisions do you take when trading?
Post by: rublix on August 30, 2017, 02:42:30 AM
Worst thing you can do is use indicators.

Traditional support and resistance beats any type of indicator based on historical data. The market tomorrow has no reflection from whats happened in the past. If the market last year crashed in September, doesn't mean this Sept it will crash as well or even be lower.


Title: Re: What kind of worst decisions do you take when trading?
Post by: entrepmind23 on August 30, 2017, 02:59:42 AM
Panic when the price suddenly drop and then sold at a loss but then when I look at the chart again, the price is slowly going up and if I did not panic then it should have been a profit not a loss. During this time, I just hate myself because I always say don't trade with your emotions but then when a situation comes like this, I just can't control it because I am afraid of losing more.

Then to get back my losses I would trade even if I know that it will be a pump and dump and then due to my internet connection being so slow sometimes, I was able to buy at the top and see the price slowly going down and I don't have an opportunity to sell anymore so I will sell it at a loss again and after some time price will go back up. Well, I just hodl next time even if it will take a long time, my target price would be eventually reach. At least, I did not sell at a loss.


Title: Re: What kind of worst decisions do you take when trading?
Post by: ipanks on August 30, 2017, 02:18:35 PM
i remember that last night i am a bit rush when i selling lisk because after i selling, the price is increase until 0.0017xxx but i sell it at 0.0013. although from selling lisk i am making profit but i think if i can be patience for a while, i think my profit will become bigger. but i am not disappointed because at least i can make profit  ;D


Title: Re: What kind of worst decisions do you take when trading?
Post by: Qunenin on August 30, 2017, 03:38:26 PM
Every decision that we have made during trading has serve one of two purposes it is either made us money or it is taught us a lesson. Therefore there are no mistakes that have been made. Obvi upside with made a lot more good decisions than we have bad decisions. And the same goes for all of my clients.


Title: Re: What kind of worst decisions do you take when trading?
Post by: sulendra12 on August 30, 2017, 04:26:22 PM
It's not worst decision but it's usually happened in my day, when I buy a coin the price keep decreasing after I bought and lead to lose or I have to wait more than a month to sell it and vice versa, If I sell a coin the price keep increasing and make me regret to don't wait for a while.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Baiazid on August 30, 2017, 04:27:58 PM
My worst decision was to buy stellar lummens at the top


Title: Re: What kind of worst decisions do you take when trading?
Post by: joganuts on August 30, 2017, 04:59:32 PM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

my was not a wrong decision per said but I mistake click buy instead of sell in one of my trading ordered and I lost heavily through that mistake. Many people has different experience during trading and I have also buy a coins when the price is too high and before I know the price will drop as if it was waiting for me to drop.
It is a bad thing if you buy and sell again when you pressed it mistakenly. Because I actually happened to me. When I am dealing to sell my Bitcoin I press that buy again wasting some of it because there is a gap on buying and selling Bitcoin in terms of time and fess on transaction. Yet is is the common in mistake that could ever happen to traders.


Title: Re: What kind of worst decisions do you take when trading?
Post by: ssuchy on August 30, 2017, 07:39:06 PM
June 10, 2017, 01:33:00 PM
Reply with quote  #4
My worst decisions were usually selling BTCs I had to USD.... although I made some really nice returns few times, if I never sold my BTCs I would be very very very rich now  Roll Eyes
If we take into account the events of a decade ago, then many users sold their Bitcoin practically for a pittance. But today when you see what the price of Bitcoin, You can even tear your hair on the head From despair. But this can not be helped. Today it happens when the rate falls a little, And the money is very necessary, you have to spend no matter what. That's really possible to consider a mistake.


Title: Re: What kind of worst decisions do you take when trading?
Post by: 777Bitcoin on August 30, 2017, 10:55:54 PM
The worst trading experience for me is the day I refused a friend by giving me 0.05 bitcoin an exchange 20$ I still considered it trading as it can also be called bargaining. When I heard about it I just laughed at him without knowingly making myself a fool. It is 200$ plus at this time that's a huge setback to me.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Sled on August 31, 2017, 12:37:34 AM
The worst decision that i did when trading is to sell my bitcoins for a lower price than i bought because it was a panic selling situation and most of the people are also selling so i did the same and i don't think for holding it for long time because i was just a newbie and i lack in knowledge so i don't have idea but to follow on what others doing.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Dart315 on August 31, 2017, 01:28:36 AM
The worst decision that i did when trading is to sell my bitcoins for a lower price than i bought because it was a panic selling situation and most of the people are also selling so i did the same and i don't think for holding it for long time because i was just a newbie and i lack in knowledge so i don't have idea but to follow on what others doing.

When you did it?


Title: Re: What kind of worst decisions do you take when trading?
Post by: Valzzz005 on August 31, 2017, 03:05:22 AM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?


I think the worst thing that I've done so far was selling it immediately when the coins had an exchanger. Because I just sell it in a small amount of money, and I didn't thought that the price of it will pump. And after a month the price rise even triple the price that I sell it. I felt disappointed that I should hold it for a little bit longer and wait for the pump. So now I learned my lesson that dont sell if the value seems too low because it will always rise even a little bit. And that what I'm doing to all my altcoins for now.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Oo ako to on August 31, 2017, 03:28:22 AM
I only have two mistakes that happen to me and I learned from it. Riding the hype or buying popular coins and buying coin that was going to get delisted because I did not research anything about the coin or announcement threads.


Title: Re: What kind of worst decisions do you take when trading?
Post by: gabmen on August 31, 2017, 04:38:43 PM
I only have two mistakes that happen to me and I learned from it. Riding the hype or buying popular coins and buying coin that was going to get delisted because I did not research anything about the coin or announcement threads.

Lol both could've been avoided by researching about where you're going to place your money on. I also lost quite a lot with that first mistake you had. Reading the trollbox did me in there as i bought in at a coin they were pumping only to end up losing 30% of my purchase point


Title: Re: What kind of worst decisions do you take when trading?
Post by: marcuslong on August 31, 2017, 04:46:16 PM
All have done a mistake but the worst thing i made was im trying to focus on single coin which is i just buy and max all my bitcoin there until then i don't see any result of that coin till i decided to sell it again and i almost lose my money there because im too greedy that time and newbie till i earned experience and the same time profit and i learned my kesson no not focus on singke coin


Title: Re: What kind of worst decisions do you take when trading?
Post by: virasog on September 02, 2017, 04:31:16 PM
I only have two mistakes that happen to me and I learned from it. Riding the hype or buying popular coins and buying coin that was going to get delisted because I did not research anything about the coin or announcement threads.

Perhaps if you're making too many of what you consider to be bad decisions that maybe you should consider going into a different field business. Mistakes do happen but learning from the mistakes is the key. One of my friend  two bitcoin in trading but he was not disappointed. He learn his mistakes and within a period of 4 months trading, he was able to recover his loss.



Title: Re: What kind of worst decisions do you take when trading?
Post by: conected on September 02, 2017, 04:53:39 PM
I only have two mistakes that happen to me and I learned from it. Riding the hype or buying popular coins and buying coin that was going to get delisted because I did not research anything about the coin or announcement threads.

Perhaps if you're making too many of what you consider to be bad decisions that maybe you should consider going into a different field business. Mistakes do happen but learning from the mistakes is the key. One of my friend  two bitcoin in trading but he was not disappointed. He learn his mistakes and within a period of 4 months trading, he was able to recover his loss.


- Yeah, the mistake is that the problem usually occurs in trading, anyone can not avoid mistakes, sometimes a mistake we make many times, in short we should think that things are very normal. The most important is that we need efforts, patience and never surrender, improving after each loss, these are the factors determining our success with trading in the future, trading is a long job, do not let failure discourage us


Title: Re: What kind of worst decisions do you take when trading?
Post by: ReLieD on September 02, 2017, 05:06:53 PM
The worst decision is to panic and finish everything quickly. The buyer will try to manipulate slot in selling your item for a cheaper price , but you have to stay firm in your decisions and then profit will be all yours .


Title: Re: What kind of worst decisions do you take when trading?
Post by: Champ1 on September 02, 2017, 05:11:56 PM
Following signals without paying attention to the how the order book is trading.


Title: Re: What kind of worst decisions do you take when trading?
Post by: energycom on September 02, 2017, 05:48:17 PM
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?


I didn't buy ethereum when it was $90. I was gonna buy it but one of my friends told me it's not time, we need to wait for dump.

I didn't sell my waves tokens when it did hit 0.02BTC. If I did, I could bought 2x more waves now, the price stuck on 0.011BTC.


Title: Re: What kind of worst decisions do you take when trading?
Post by: shezu007 on September 06, 2017, 02:08:12 PM
Every decision that we have made during trading has serve one of two purposes it is either made us money or it is taught us a lesson. Therefore there are no mistakes that have been made. Obvi upside with made a lot more good decisions than we have bad decisions. And the same goes for all of my clients.

By mistake man can be man. Women can be women because if we mistake then we learn a lesson if we are not doing mistakes it is mean in the end of story we will be flop so it is good to have a lot of mistakes in a start that we will be successful in the end so that's all from me i hope you got the point what im trying to say.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Fappanu on September 06, 2017, 02:45:16 PM

As you said thats also is what I did.

Still have to sell it for a loss. at the actual price I bought. So my bitcoins have fallen over and I've never recovered. I still bought shitcoins after I sold it and did not know that it was only a few days after my purchase. I bought you 1 Sats and increased by nearly 1,500 Satoshi. I would have earned a lot and changed my life. But I really do not know it. Perhaps the lord Almighty has a better plan for me and I believe there


Title: Re: What kind of worst decisions do you take when trading?
Post by: SportsbookBettor on September 06, 2017, 02:59:57 PM
I remember when i first register on a trading platform. I buy some coins because i see that's it's moving up quickly then after i bought it and leave it. When i came back i was shock because the price decrease and i panic then i suddenly sell all my coins because i'm thinking that day was i will lose all my balance. That was a bad move because after a couple of days the price went up again and i told myself that if i trade i will not panic again.


Title: Re: What kind of worst decisions do you take when trading?
Post by: jostorres on September 08, 2017, 12:24:50 PM
I remember when i first register on a trading platform. I buy some coins because i see that's it's moving up quickly then after i bought it and leave it. When i came back i was shock because the price decrease and i panic then i suddenly sell all my coins because i'm thinking that day was i will lose all my balance. That was a bad move because after a couple of days the price went up again and i told myself that if i trade i will not panic again.
Panic was not your exact mistake. The real mistake was leaving things behind after buying coins. A trader must keep an eagle eye on the market values. Otherwise, what sort of trader he is? Things wouldn't have been this bad if you kept yourself informed with market situation.


Title: Re: What kind of worst decisions do you take when trading?
Post by: leea-1334 on September 08, 2017, 12:36:34 PM
I remember when i first register on a trading platform. I buy some coins because i see that's it's moving up quickly then after i bought it and leave it. When i came back i was shock because the price decrease and i panic then i suddenly sell all my coins because i'm thinking that day was i will lose all my balance. That was a bad move because after a couple of days the price went up again and i told myself that if i trade i will not panic again.

I had a similar idiot move. I saw a thread here about a coin. I was looking to move some Bitcoin out to diversify and it was very interesting, with all sorts of predictions for September. I did some research and spent a few hours to read all about it and the move seemed too good to miss out. I went and saw the same pattern you did. moving up quickly. I bought a big amount haha. And saw it was already in profit after even a few minutes. Then I came back the next day and wham. More than 50% of Bitcoins gone. BUT unlike you I did not sell ;) Now just holding forever.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Nyuska1987 on September 08, 2017, 12:48:50 PM
On the first day of BCC traidind bought a part practically on high level. And, of cource, sold it in minus.. However it have been pumped above that level later..


Title: Re: What kind of worst decisions do you take when trading?
Post by: JimmieA on September 08, 2017, 03:53:10 PM
To me, the worst deal is to sell too soon as the price goes up a lot. I can not control my emotions. Sometimes the price has just risen to sell and sometimes the price of ms just dropped a fears have been sold so. The result is not as profitable as I would like. However, these are still better than nothing or lose everything.


Title: Re: What kind of worst decisions do you take when trading?
Post by: Lanatsa on September 08, 2017, 04:42:49 PM
I remember when i first register on a trading platform. I buy some coins because i see that's it's moving up quickly then after i bought it and leave it. When i came back i was shock because the price decrease and i panic then i suddenly sell all my coins because i'm thinking that day was i will lose all my balance. That was a bad move because after a couple of days the price went up again and i told myself that if i trade i will not panic again.

I had a similar idiot move. I saw a thread here about a coin. I was looking to move some Bitcoin out to diversify and it was very interesting, with all sorts of predictions for September. I did some research and spent a few hours to read all about it and the move seemed too good to miss out. I went and saw the same pattern you did. moving up quickly. I bought a big amount haha. And saw it was already in profit after even a few minutes. Then I came back the next day and wham. More than 50% of Bitcoins gone. BUT unlike you I did not sell ;) Now just holding forever.
I have experienced the same situation too on which you all do the best as you can on researching and assuming that prices would go on that way because of those particular news,updates regarding on the coin.You do make such move since you do have basis but eventually prices do go into opposite way which is really a frustrating thing since you didnt expect that happening and same as yours i do still hold on my coins like forever. :D


Title: Re: What kind of worst decisions do you take when trading?
Post by: ekoice on September 08, 2017, 06:11:23 PM
During my early days of trading,i have taken many worst decisions.As a newbie,i had no clear knowledge about altcoins.Whenever i see some coins price rising high,immediately i used to buy without knowing that it is being dumped.I would not fix any profit margin and would blindly follow the price increase thinking that sky is the limit for my profits.Suddendly when it breaches the final point of pumping,it gets immediately dumped and i used to get shocked on seeing this.I used to try to place a sell order just below the price of that coin,but no use it will fall very quickly.Finally,i would end up the trade by selling that coin at a very low price than what i bought.I have lost a lot by this way.


Title: Re: What kind of worst decisions do you take when trading?
Post by: hurain on September 08, 2017, 08:02:17 PM
I remember when i first register on a trading platform. I buy some coins because i see that's it's moving up quickly then after i bought it and leave it. When i came back i was shock because the price decrease and i panic then i suddenly sell all my coins because i'm thinking that day was i will lose all my balance. That was a bad move because after a couple of days the price went up again and i told myself that if i trade i will not panic again.
to me i think for so many times i think i take the wrong decisions about bitcoin. as in previous day when the price was trading below 2500$ i sold about 6 bitcoins as it was expected that the price of bitcoin will fell down therefore i sell all my bitcoins in panic and now when saw the price trading almost touching 5000$ i am really not feeling good about my decision but still hope that i will get other opportunities of making money.


Title: Re: What kind of worst decisions do you take when trading?
Post by: crptotrader007 on September 09, 2017, 04:26:57 AM
To sell off at low profit is a worse decision i take . And the worst thing is, I do it repeatedly. I am not able to control myself when i find out that i have made some profit. Trying much to control over this habit.


Title: Re: What kind of worst decisions do you take when trading?
Post by: streazight on September 09, 2017, 07:07:43 PM
I remember when i first register on a trading platform. I buy some coins because i see that's it's moving up quickly then after i bought it and leave it. When i came back i was shock because the price decrease and i panic then i suddenly sell all my coins because i'm thinking that day was i will lose all my balance. That was a bad move because after a couple of days the price went up again and i told myself that if i trade i will not panic again.

I had a similar idiot move. I saw a thread here about a coin. I was looking to move some Bitcoin out to diversify and it was very interesting, with all sorts of predictions for September. I did some research and spent a few hours to read all about it and the move seemed too good to miss out. I went and saw the same pattern you did. moving up quickly. I bought a big amount haha. And saw it was already in profit after even a few minutes. Then I came back the next day and wham. More than 50% of Bitcoins gone. BUT unlike you I did not sell ;) Now just holding forever.
I have experienced the same situation too on which you all do the best as you can on researching and assuming that prices would go on that way because of those particular news,updates regarding on the coin.You do make such move since you do have basis but eventually prices do go into opposite way which is really a frustrating thing since you didnt expect that happening and same as yours i do still hold on my coins like forever. :D
The best is to hear everyone but follow the voice of your heart. The only times when I regretted in my life were when I denied what my guts told me. I think the best is to use your own analytical skills by reading past prices and keeping an eye on the current behavior of prices.


Title: Re: What kind of worst decisions do you take when trading?
Post by: khalifa25 on November 15, 2017, 05:45:02 AM
For me po the worst decision that I have made when I was still trading without ever looking on a coin's roadmap and more a year ago is buying a shitcoin that was pumped to 10 satoshi from 1 satoshi then it have gone back to 1 satoshi overnight leaving me being unable to sell it.