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Economy => Trading Discussion => Topic started by: bitlihz on May 04, 2021, 01:42:16 PM



Title: your worst mistake
Post by: bitlihz on May 04, 2021, 01:42:16 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !


Title: Re: your worst mistake
Post by: sujonali1819 on May 04, 2021, 02:23:24 PM
Warm welcome in this bitcoin forum.

Yes, all we have some mistake at the beginning. If I share my worst first mistake in crypto life is I was very impatient and can not hold any coin, Thus I have lost the chance of getting some good profit. Still I am facing that issue but yeah it's lower than previous. :)


Title: Re: your worst mistake
Post by: blockman on May 04, 2021, 03:16:34 PM
Not buying when bitcoin and most of the altcoins were cheap. Another worst mistake that I did was when I did panic sold. If I'll sum up those mistakes, it's hard to accept that the value has risen and the amount is no longer a joke.
But that's it. We learn from those mistakes and hardships in this crypto market and luckily, I'm still here and standing holding for the future.


Title: Re: your worst mistake
Post by: mk4 on May 04, 2021, 03:26:55 PM
Allocating a huge percentage of my total bankroll to one single trade; either to hopefully win a lot of money(greed), or to hopefully make up for a previous bad trade.

In summary, trade with huge amounts of emotion, and you're dead.


Title: Re: your worst mistake
Post by: danherbias07 on May 04, 2021, 03:35:25 PM
Selling early. That's the common mistake that would be experienced by every trader.
If that won't happen to you then you are a lucky dude or it's just that you don't really trade but rather just holding the coin.

Jumping in too early without knowledge is also one.
It's true that experience is the better teacher of all but it wouldn't hurt to read some experiences/lessons from other traders and maybe add it to your basic information and who knows, it might come in handy in the future. Good luck.


Title: Re: your worst mistake
Post by: tobi4255 on May 04, 2021, 04:26:00 PM
My worst mistake was sell early. Lots of worst mistake I had mad in the past.
I will try to learn from my mistake and take it easy


Title: Re: your worst mistake
Post by: South Park on May 04, 2021, 04:30:26 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
My worst mistake without a doubt was that in 2017 I invested in an ico thinking that I could get the same benefits that seemingly at the time everyone was getting, as you may guess I lost an important part of the capital that I invested but fortunately for me it was a small amount compared to the rest of my capital, however it is without a doubt my biggest mistake and since then I have concentrated on being invested in bitcoin and bitcoin only as I do not really see the point of taking a risk with other coins.


Title: Re: your worst mistake
Post by: bekti3 on May 04, 2021, 04:43:23 PM
what was your worst mistake ( in the very beginning, 1st year).


welcome to the forum buddy
all of them had an error when they first started crypto trading. My first mistake was selling at a price lower than what I bought. because looking at complicated charts, sharp falls and it all makes panic and confused seeing the balance in the portfolio decrease. To be honest, what I experienced was what coins should I buy, how to buy and how to take profit.


Title: Re: your worst mistake
Post by: Insanerman on May 04, 2021, 06:56:19 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !


Welcome to the forum!

In my honest experiences, my first mistake in crypto is that I don't really spent enough time to educate myself with it. Hence I tried to trade with simple Buy low sell high and lost it all as I only let my intuition be my guide on when to buy and therefore with no risk management and no fundamentals about cryptos that I buy, I always panic sell. I mean, wouldn't that be the common mistakes that everyone did?  :D


Title: Re: your worst mistake
Post by: isaac_clarke22 on May 04, 2021, 06:59:21 PM
Brought my emotions into trading.
One would say that they want to earn but then when the market doesn't go into their favor, they would just panic that easily and lose it all.
That was my worst, but my "best" mistake because I learned how to rationally trade not emotionally.


Title: Re: your worst mistake
Post by: JooBra on May 04, 2021, 07:00:04 PM
My biggest mistake 3years ago is investing in projects without any research and many of then died with time. With a bit of research I could have done so good since I was in good time to invest in crypto.


Title: Re: your worst mistake
Post by: teosanru on May 04, 2021, 07:32:18 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
FOMO and FUD. These are the two biggest mistakes I have done and I still do sometimes. Patience is the greatest thing to learn for any trader. It's very common for a trader to fall in Bear Trap or Bull Trap. For example, initially, traders buy when a coin is already 10-20% up thinking that they would take some quick profit in the wave. But this is highly risky and most of the time you will see the market going a little south where you would sell your position and when you sell it market would take a U-turn back again in the upward direction. You will feel that you are useless and you can't trade. These are the types of mistakes that I used to do in the very first year of my trading.


Title: Re: your worst mistake
Post by: Lorokan on May 04, 2021, 07:52:29 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

I wil give you an advise from my experience; in trading there are 2 categories of token, shit coins and good projects ofcourse;

Ensure that your crypto currency portfolio has more of long term tokens and not shitcoins.
Ensure that most of your big sells (profit taken) above 100$ are converted to busd or usdt.
Always remember that no coin would pump forever, never allow greed to deter or prevent you from taking profits
Always take profits of 100$ , 200$, 500$ 1000$ e.t.c as at when due

Finally, remember that the bearish market is your frind, prepare for it and use it to your advantage always


Title: Re: your worst mistake
Post by: DarkDays on May 04, 2021, 08:15:53 PM
Allocating a huge percentage of my total bankroll to one single trade; either to hopefully win a lot of money(greed), or to hopefully make up for a previous bad trade.

In summary, trade with huge amounts of emotion, and you're dead.
Yes, I can relate to that as I think many traders on here can. Emotions can play a major role in your trading behaviour AND not playing in ont hem can massively improve your gains. It is hard to detach from emotions but it will save you in the long run.


Title: Re: your worst mistake
Post by: Gozie51 on May 04, 2021, 09:41:06 PM
I'm still scared for that anyway. Trading isn't very easy. It involves lots of risk and not every body can take up such risky venture. What I can only do is to buy and hodl. This is a process that can teach you the way. As to hodling , I have had a mistake where I didn't know the coin I had couldn't go high anymore but to go bear till it became shit investment.


Title: Re: your worst mistake
Post by: Distinctin on May 04, 2021, 10:38:00 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
Being doubtful and leads me to the wrong decisions.

It finds really hard when your mindset is not already clear and when you don't have a plan to follow. It is to realize that we need to have a strong faith in what we do as it gives us strength even we suffer losses. I'd never had this before until such time that I started to read books and watching online tutorials and from that, it changing a lot. It is sometimes we need time to educate ourselves to find where we are wrong and to correct it.


Title: Re: your worst mistake
Post by: Bitcoin_Arena on May 04, 2021, 10:42:19 PM
My worst mistake was greed and not deciding quickly enough to take profit when there was an opportunity. All I was thinking about was getting rich quickly by waiting a little more. The price of the asset would later drop by almost 80-90% and during that period, I become desperate for cash and ended up selling at a very low price. To sum up my mistake, a few weeks later, the asset started spiking in price and I was just left to regret.


Title: Re: your worst mistake
Post by: adzino on May 05, 2021, 12:08:22 AM
Everyone seen to have made the same mistake. They got greedy or sold at the wrong time. I won't deny, I did the same thing. Kind of got greedy and tried investing in shit coins. Did work out well at the beginning, but was a disaster at the end. And I also did sell at the "wrong" time. Loses weren't huge though, but was kind of very draining mentally and physically (spent so much time being obsessed lol).  Biggest mistake is, I knew about bitcoin earlier, was really interested but never invested.


Title: Re: your worst mistake
Post by: cabron on May 05, 2021, 12:27:41 AM


The worse mistake I did from the very beginning is relying all on trading. Because you know not all the time that you win all your position in the market and sometimes there are just coins you just want to hold especially when you got in early where its prices is very cheap. So don't just rely on the earnings you make in trading. Get a job while you also have the chance to keep trading.


Title: Re: your worst mistake
Post by: andthereyou on May 05, 2021, 01:26:49 AM
what was your worst mistake ( in the very beginning, 1st year).
The worst mistake I made was holding some coins that become shitcoins. Especially my earning in bounties few years ago, it had some value before but now it's equivalent to nothing.


Title: Re: your worst mistake
Post by: Sinjokubhi on May 05, 2021, 01:48:08 AM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !


It is difficult to control emotions in yourself. Because at that time I was trading and suffered a lot of losses. Finally, my emotions were hooked and wanted to quickly return the lost capital. It was not that my capital could return, but what was there was even more losses and I had to stop trading for a few weeks. It felt like I wanted to stop and was traumatized to do it again, but after I thought this was my own fault and it needs to be fixed.

After that, I started trading again, and encountered the same problem, even though at that time the losses were not as big as yesterday. There I also started to panic, and thought will this incident happen again? Is this fate? all impure thoughts take over the emotions. Finally I tried to pause for a moment to calm my mind. After returning to my top condition, I haven't started again. However, I was still thinking about what was wrong with my trading technique, and finally came to a meeting point (solution) to the problem.

 Therefore, it requires patience and good emotional control in trading. If we are provoked and panic, it will only worsen what you are doing, it's better to take a moment for yourself, calm yourself down, after calm down, start to find solutions to problems, and start trading again after the conditions feel like they are back to prime ( good).


Title: Re: your worst mistake
Post by: LUCKMCFLY on May 05, 2021, 02:15:04 AM
My worst mistake was trading assigning all my balance to a single trade and for a signal from a group, the first few times I did well, then a trade went wrong and I lost almost 30% because I did not place the Stop Loss and I kept waiting for it to do so. did. recover, and for that the hope is that the loss lasted up to 40%, after I left I did it on time, otherwise I would have reached a 90% loss, from that moment I learned that I had to use the stop loss and never Assign the entire balance to a trade, then I took as a teaching to do only 3 trades.


Title: Re: your worst mistake
Post by: Coin_trader on May 05, 2021, 02:21:32 AM
what was your worst mistake ( in the very beginning, 1st year).
The worst mistake I made was holding some coins that become shitcoins. Especially my earning in bounties few years ago, it had some value before but now it's equivalent to nothing.

Same with me and I believe most of us here do this same thing due to the euphoria of bull run last 2017. The current bull run is almost the same as 2017 with lots of shit tokens and NFT that doing a rug pull. I hope that everyone already learned there lesson and trade safe this time. Take profit is the best.


Title: Re: your worst mistake
Post by: airdata on May 05, 2021, 02:32:47 AM
Nobody can success without any Mistake, and people Learn something new from their mistake. I am not a professional crypto Trader but it is correct that first time has a Big mistake on my Trading. I bought some coin and Some hours letter Suddenly market has Crashed and i sold my all coin with very low price.  And Next day i see that again market condition has very good and my all Coins price has 40% up. This was my first mistake.                        


Title: Re: your worst mistake
Post by: lienfaye on May 05, 2021, 02:41:09 AM
I have many mistakes when I was a newbie in trading but these are the worst that even up to now im still having regrets.

- not able to buy when price is still cheap.
- selling early for not having patience.
- due to greed I missed the chance to sell.

These happened because I didnt take time learning from and just followed what I think is right.




Title: Re: your worst mistake
Post by: Ararbermas on May 05, 2021, 03:08:02 AM
   
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
when i was new in crypto trading my worst mistake is when i place order because there's a masive dump. wherein i was waiting for another long red candle stick after it goes back to the resistance again and i accidentally click the buy button without editing what amount it supposed to be wherein according to my plans.. Its was an epic fail like WTH.. And you know what after my buy order was confirmed at the current resistance? it goes down gradually and that craps coins  didn't let me to regain all my losses in order to sell out and it takes weeks just imagine before i made an exit.. Lol


Title: Re: your worst mistake
Post by: rosebrand on May 05, 2021, 04:16:45 PM
When i newly joined trading I made mistakes ignorantly which later cost me loosing so much, I jumped into trading with leverages without proper knowledge of risk management. For futures trade risk management is very much important, so bad I learnt about this the hard way, without risk management one can loose all he got within a short period of time, when my account was liquidated I was left with nothing in my portfolio, I felt so depressed but then I learnt my lesson, we shouldn't always think of how much we could gain but we should always think of how much we could loose as well.


Title: Re: your worst mistake
Post by: Imran232 on May 05, 2021, 04:42:29 PM
A very very warming welcome to the world of trading.
Well i am not a so called expert traders so after shareing my experience please do not judge me or laugh on me. I will share those thing what i felt the worst thing for me. When i started my trading journey i didn’t understand what trading actually means what must need for trading? And that was calm. If you want to enter into trading you shouldn’t be panic at any cost. You have to stay calm and find an alternative solution for you to overcome any bad situation. If you are able to do it you might get a best journey on trading. Its my opinion others could be different. Thanks


Title: Re: your worst mistake
Post by: imstillthebest on May 05, 2021, 05:05:58 PM
I have many mistakes when I was a newbie in trading but these are the worst that even up to now im still having regrets.
- not able to buy when price is still cheap.
- selling early for not having patience.
- due to greed I missed the chance to sell.
These happened because I didnt take time learning from and just followed what I think is right.
its not healthy to carry the regret for a long time but you can always start fresh. if the coin that you missed are not achievable for you then browse another cheaper coin and nurture it till it grows big .
dont let the same mistake happen .  if you sold early you regret and if you hold for too long you will also regret ?
 we are not perfect dude or its hard to make a perfect timing to be in the middle .


Title: Re: your worst mistake
Post by: seramania on May 05, 2021, 05:12:06 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
My worst mistake earlier this month was selling assets at a low price. even though I already got a profit but what I got was not maximal because I was panicking, but within 1 week the pump price reached 50%, I was shocked to see that price. there I felt that I failed to become a reliable trader


Title: Re: your worst mistake
Post by: JooBra on May 05, 2021, 07:59:53 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
My worst mistake earlier this month was selling assets at a low price. even though I already got a profit but what I got was not maximal because I was panicking, but within 1 week the pump price reached 50%, I was shocked to see that price. there I felt that I failed to become a reliable trader
My worst mistake was buying a lot of coins and keeping them on small exchanges. It was small number of money investment but it would be worth a lot of money today. For example I bought 20k Doge for 20$ and we can see the price now.


Title: Re: your worst mistake
Post by: Zilon on May 06, 2021, 07:36:56 AM
When I was a newbie in trading I traded retracements (correction moves) during trends. This most times got me too emotional and most of those times I ended up closing my trade with big losses. I recall blowing down accounts on several occasions which I had to shut down trading and went back to do more study for a week before entering a trade again


Title: Re: your worst mistake
Post by: cheezcarls on May 06, 2021, 11:44:21 AM
The worst mistake I’ve ever committed was being too greedy with my coins and tokens. During the time that I was a newbie, I was not smart enough to sell at a peak price. Instead I choose to hold because that’s what my instinct tells me to do without doing my own research or so.

I had so many regrets in my crypto trading life. There are times that I sell too quickly, and then the next day that coin takes off several fold. There are also times that I just hold for too long, but the coin keeps dumping. But it is what it is, and I have to learn from it.


Title: Re: your worst mistake
Post by: Kong Hey Pakboy on May 06, 2021, 11:53:43 AM
The worst mistake I’ve ever committed was being too greedy with my coins and tokens. During the time that I was a newbie, I was not smart enough to sell at a peak price. Instead I choose to hold because that’s what my instinct tells me to do without doing my own research or so.

I had so many regrets in my crypto trading life. There are times that I sell too quickly, and then the next day that coin takes off several fold. There are also times that I just hold for too long, but the coin keeps dumping. But it is what it is, and I have to learn from it.
That's like the mistakes that most of my friends that do crypto have done, they were greedy and so I have learned from their mistakes and now I am making some decent amount although not at trading but at other crypto related thinngs. One thing I learned when the coins keeps on dumping, I just hodl it and keep accumulating because it will go back up and I have to have a lot of coins when that pump happens.


Title: Re: your worst mistake
Post by: Coin_trader on May 06, 2021, 11:58:36 AM
When I was a newbie in trading I traded retracements (correction moves) during trends. This most times got me too emotional and most of those times I ended up closing my trade with big losses. I recall blowing down accounts on several occasions which I had to shut down trading and went back to do more study for a week before entering a trade again

Hmmmm. You will not lose even if you bought during retracement if you didn't sold your holdings unless you are trading in futures with high leverage. Sometimes it's good to hold rather than to cut losses especially when you are too late to get out on that coin. The price will recover eventually and will seek new ATH once strong support was already hit. There is no continuous downfall in trading so better not to panic in times like that.


Title: Re: your worst mistake
Post by: crzy on May 06, 2021, 01:23:02 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
Making mistakes is normal in trading, that’s already part of the game and personally I have so many bad experience in trading since I always lose money and this pushes me to become a hodler which I don’t regret at all.

Maybe my worst experience in trading is when I go all in and bought at the peak price, but after two days the value of my holdings become 50%- - 70% off, and imagine how much money i loss because of that, that’s also the start of my hodler journey.


Title: Re: your worst mistake
Post by: goldade on May 06, 2021, 03:43:52 PM
It's actually not a big deal when you make mistakes while trading. Aks any professional traders and they'd tell you they've made so many mistakes in their trading career. Mistakes are meant to be lessons and one should learn from them when they are made so that it won't be repeated.
My worst mistake while trading was not setting stop loss. When I started trading,  I didn't take time to learn about risk management. I had managed to make some few successful trades and I thought I was good. So I didn't set my stop-loss for a particular trade only to find the trade ending in a loss. The correction was so great that my account got blown and I lost all my capital. I, however, learnt my lessons and that didn't happen again


Title: Re: your worst mistake
Post by: wiss19 on May 06, 2021, 05:31:25 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
I once made a mistake, but it wasn’t something that I couldn’t correct.
My mistake I made was lack of patience, and that made me miss out on the 2017 bull run.

But I wasn’t discouraged, I had to go back and invest, and this time around I was ready to hold no matter how long it takes, because I saw stories of people in 2017 that invested their money since 2010 and 2015, and they were cashing out big during the bull run, so I got determined and went for this and yes of course it did work out for me. So, I think the mistake most people make here is not buying at a low price and lack of patience.


Title: Re: your worst mistake
Post by: justdimin on May 06, 2021, 07:29:28 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
Not keeping the bitcoins I had? I mean so far if I kept every single satoshi I made and never spent any of that, I would have so much money that I would live like kings without ever needing any money at all. Of course it is not easy considering I had to pay my bills somehow, it is not easy to earn bitcoin alone and nothing else and then expect me to keep those bitcoins, how am I suppose to pay the bills and buy food and so forth in that case? So, I would do the same if I had to do it all over again.

However I would have at least force myself to keep maybe 1 bitcoin aside, at times I am sure there were few 0.05 to 0.1 that I could have saved without hurting myself too much, it wasn't really THAT high at the time, I have been here since it was under 200 dollars, so putting some aside could have been possible. I would have been much much richer if I did that.


Title: Re: your worst mistake
Post by: isaac_clarke22 on May 06, 2021, 07:43:32 PM
~
Too bad my friends don't care about crypto at all.
Will that count as their mistake in the end? :D
Hehe.


Title: Re: your worst mistake
Post by: Pokapoka124 on May 06, 2021, 08:08:00 PM
I'm not sure which is worse....forgetting to place stop loss or selling too early just to watch the market pump the next minute. I have had quite an interesting crypto journey. From being a newbie just sitting on the sidelines to being an investor in Bitcoin. I continued in my righteous path of stacking bitcoins for years before delving into alt coins. Of course alts nearly ruined me... Trading was something I wanted to do so I got paid for crypto courses and learnt as much as I could. I remember making my first profit, the feeling was incredible and I also remember my first loss. It was a big blow! So yes worst mistake would be selling too early


Title: Re: your worst mistake
Post by: Ridwan Fauzi on May 06, 2021, 08:27:01 PM
My worst mistake about trading was I trade without knowledge. That is the first time when I get interest to trade, I just focus to thinking that trading can be made as a source income so I don't need to work in my real live so as I decided to resign in my work and focus on trading crypto, that is the worst decision that I ever made.

I just spend a lot of money and trading future market with using high leverage. And yeah, it just tricked me and cost me a lot of money. At that time, I had $100 left and made me think hard about getting the money I spent back. I learn about trading strategy and I bought some trading books and you know what that really work to me. I can stand until now with $100 that I had even I can get my money back.


Title: Re: your worst mistake
Post by: traderethereum on May 06, 2021, 08:36:47 PM
My worst trading mistake is not selling when the price reaches the highest price instead of still holding and wait for the other highest price.
At that time, I do not know that the price can go down anytime and hard to increase again, so I decided to hold it for more.
After hold for a month, I realize that I miss the best time to sell the coin and regret it and it took some time for me to realize my mistake.
I am trying to figure out my mistake and I finally realize that when the price can reach double or triple the price than the first time I bought it, I can sell it right away without waiting for the other highest price because that will not always happen.


Title: Re: your worst mistake
Post by: Danslip on May 06, 2021, 09:30:10 PM
My worst nightmare was to send Minexcoins to BTC address, that transaction has cost me around $7000. After countless discussions with exchange support, they didn't help me at all. Regarding trading mistakes, I have not used take profit on BNB and it has crashed after hitting my potential target which I thought I was going to sell at that price level. The last one cost me $2000 too back to last year.


Title: Re: your worst mistake
Post by: target on May 06, 2021, 09:38:22 PM
My worst nightmare was to send Minexcoins to BTC address, that transaction has cost me around $7000. After countless discussions with exchange support, they didn't help me at all. Regarding trading mistakes, I have not used take profit on BNB and it has crashed after hitting my potential target which I thought I was going to sell at that price level. The last one cost me $2000 too back to last year.

That's odd that Minexcoin send to BTC address go through. $7K is a huge amount, you should also mention the exchange to warn others here. I've also done a similar mistake before and it's really a miserable feeling that support won't do anything. A token sent to an address owned by a local exchange that doesn't support an ERC20 token, its worth more than $2000.

Minexcoin turned out to be scam in the end.



Title: Re: your worst mistake
Post by: kram31 on May 06, 2021, 09:48:12 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

Everybody can make a mistakes here in the forum dude if you do trade in the any of the exchange platform site.
Just like me I did a lot of mistakes in trading but it never push me to stop doing it honestly speaking. Instead, I keep on doing it
only thing is that I never repeat the wrong methods that I have done it before of course. And this mistakes is desiring more profit even I
know that I have earned already in trading activity.


Title: Re: your worst mistake
Post by: Danslip on May 06, 2021, 09:59:51 PM
My worst nightmare was to send Minexcoins to BTC address, that transaction has cost me around $7000. After countless discussions with exchange support, they didn't help me at all. Regarding trading mistakes, I have not used take profit on BNB and it has crashed after hitting my potential target which I thought I was going to sell at that price level. The last one cost me $2000 too back to last year.

That's odd that Minexcoin send to BTC address go through. $7K is a huge amount, you should also mention the exchange to warn others here. I've also done a similar mistake before and it's really a miserable feeling that support won't do anything. A token sent to an address owned by a local exchange that doesn't support an ERC20 token, its worth more than $2000.

Minexcoin turned out to be scam in the end.


Minexcoin CEO(Borish Shulaev) made a big mistake first but later he refunded all investors AFAIK. I have done this mistake on Livecoin exchange and there is no reason to warn other traders because it was my own mistake not to double-check the receiving address or coin before clicking send button.  Similar mistakes cost thousands to other investors as well but mostly it is our mistakes, not the other parties.

I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

Everybody can make a mistakes here in the forum dude if you do trade in the any of the exchange platform site.
Just like me I did a lot of mistakes in trading but it never push me to stop doing it honestly speaking. Instead, I keep on doing it
only thing is that I never repeat the wrong methods that I have done it before of course. And this mistakes is desiring more profit even I
know that I have earned already in trading activity.
Many traders prefer to jump into the market before learning it, so it is normal to make so many mistakes. The urge to deposit and cover the margin call can beat any adrenaline if the market pumps hard and you have no choice except to add more BTC to the margin. The experienced peeps can explain it better, it is just a cat-mouse game.


Title: Re: your worst mistake
Post by: Ultegra134 on May 06, 2021, 10:26:36 PM
I've had plenty of mistakes throughout the past, the worst one is spending some BTC I had from 2015-2016, it wasn't a large amount back then, approximately $100-150, some of which was acquired by faucets. The average payout would be 1000-1500 Satoshi. However, it's something that I don't regret, it was years ago, and I couldn't have known.

The one I regret the most however, is selling BTC in December, at roughly 25,000 Euros, if I hadn't reacted so irrationally, I would have sold at a higher price.


Title: Re: your worst mistake
Post by: Fredomago on May 06, 2021, 10:31:46 PM
what was your worst mistake ( in the very beginning, 1st year).
The worst mistake I made was holding some coins that become shitcoins. Especially my earning in bounties few years ago, it had some value before but now it's equivalent to nothing.

A lots of shitcoins happened few years back, some got value back then after being listed but the developers abadoned the project and
ends up nothing.

Those who holds and wait for more developments just wasted the opportunities, lesson learned from that, if there's no real usages then
there's nothing to wait with such kind of token/coin.

Do your DYOR as always there's no sure thing inside this sphere so come and live as it is.


Title: Re: your worst mistake
Post by: Johnyz on May 06, 2021, 10:35:04 PM
My worst trading mistake was when I sold my Bitcoin and trade it for shitcoins, that’s the time I almost lose all my holdings. I’ve learn a lot from my trading activities and I believe the moment you make mistakes, that’s the time for you to learn at an expensive way. Use that mistakes to guide you on your next trading activities, always be responsible on every trades.


Title: Re: your worst mistake
Post by: Kelvinid on May 06, 2021, 11:43:16 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
I come in trading during the hypes, yeah, the profit is good as the bullish continues but as the market changes its direction and turns to bearish, it all had to start badly.

Now I realize that it is very important to analyze the market carefully and that is very important to know how to read candlestick, I'd never use that before because I was confident that the rally will continue but unfortunately, we can't predict the market. That sometimes our confidence kills us.


Title: Re: your worst mistake
Post by: Ultegra134 on May 07, 2021, 08:30:16 AM
what was your worst mistake ( in the very beginning, 1st year).
The worst mistake I made was holding some coins that become shitcoins. Especially my earning in bounties few years ago, it had some value before but now it's equivalent to nothing.

A lots of shitcoins happened few years back, some got value back then after being listed but the developers abadoned the project and
ends up nothing.

Those who holds and wait for more developments just wasted the opportunities, lesson learned from that, if there's no real usages then
there's nothing to wait with such kind of token/coin.

Do your DYOR as always there's no sure thing inside this sphere so come and live as it is.
I also remember mining Garlicoin at some point, I don't even remember the reason I did it in the first place. Found the wallet recently containing quite a few coins, which are now completely worthless.

What you have mentioned is absolutely true in my case. These coins used to be worth $2-$3 at some point, I'm not sure on why I kept them, I'd guess that I've completely forgotten about that wallet.


Title: Re: your worst mistake
Post by: sr32703 on May 07, 2021, 09:05:30 AM
I already did a biggest mistake in 2021. I have 150m kick coin but i sold it only 1500$ value but after a week those coin value has touched  30k usd. And i am in a fix so i have a little suggestion to all crypto never gives us losses if you have much patience you will get much profit  that you can't imagine.


Title: Re: your worst mistake
Post by: Kittygalore on May 07, 2021, 09:19:06 AM
I am fairly new yet in hodling bitcoin let alone trading, so I can still count the mistakes I have done. One that stands out is that I have around 0.01 bitcoin in 2020 and I didn't wait for the prices to go up and I could've made a big amount if I just steadily hodl but here I am accumulating again.


Title: Re: your worst mistake
Post by: Dewi Aries on May 07, 2021, 03:32:48 PM
Keep getting FOMO, at my first year of trading there are a pumper site (i forget what is the name) but they like pick a coin and then when the coin's name appear then it can get pumped a lot. I always late to follow and then buy ask order. I got high price when bought and then pump is already over. And it keep happens and then i decide to not follow it.


Title: Re: your worst mistake
Post by: xmonkeyx on May 07, 2021, 04:21:24 PM
almost everyone has mistakes but it is all a very valuable lesson. smart people will learn from their previous mistakes. panic sell is a mistake that I once regretted. but because of that mistake now I am changing and more observant in looking to take advantage of trading.


Title: Re: your worst mistake
Post by: $crypto$ on May 07, 2021, 04:43:14 PM
There were a lot of mistakes at the start of trading I think this is a lot where we might follow the FOMO which we often see and the hype also includes seeing some coins increasing in the near future and it makes me buy abstinence, well there will definitely experience deep badness. I think it is not so forgotten that when the bearish arrived and the market continued to be red a lot of losses were made which resulted in disoriented market analysis so this is very important for now.

Don't be tempted by Hype or new projects, look at market conditions, especially if you are new to crypto trading, of course this will experience big things in trading, so in essence, do the most important research.


Title: Re: your worst mistake
Post by: Mamun74 on May 07, 2021, 04:58:38 PM
I have an one mistake. When I'm starting to trade then i didn’t have good experience about trading. I buy token and long term hold but Couldn't make good profit due to being too late. Coz The price of token has come down a lot.So i think, at first you need to trading signal and also need to good experience for trading.


Title: Re: your worst mistake
Post by: carlisle1 on May 07, 2021, 05:11:16 PM
almost everyone has mistakes but it is all a very valuable lesson. smart people will learn from their previous mistakes. panic sell is a mistake that I once regretted. but because of that mistake now I am changing and more observant in looking to take advantage of trading.

Most of us if not all have that same sentiments, panic selling or sell too early then see the huge pumped happened to our assets,

We have to  accept that and regrets should be for a while then after we do need to move forward and make sure that we will not do
the same mistake again.

I have an one mistake. When I'm starting to trade then i didn’t have good experience about trading. I buy token and long term hold but Couldn't make good profit due to being too late. Coz The price of token has come down a lot's i think, at first you need to trading signal and also need to good experience for trading.

After that experienced, for sure we will be able to practice a much better way before taking our steps again, trading should be studied first

before engaging and invest in your money.


Title: Re: your worst mistake
Post by: BitTraderCute on May 07, 2021, 05:37:03 PM
doesnt set stop loss and let minus running in my trades be worst mistake that i ever made.  only in few hours all many almost gone due mistake in single trade. so dont repeate this mistake on your trade and focus with your profit or stop loss target. beside of this dont trade while you have any skill, prepare our knowledge and mental will be better for the last result.


Title: Re: your worst mistake
Post by: conected on May 07, 2021, 06:27:24 PM
doesnt set stop loss and let minus running in my trades be worst mistake that i ever made.  only in few hours all many almost gone due mistake in single trade. so dont repeate this mistake on your trade and focus with your profit or stop loss target. beside of this dont trade while you have any skill, prepare our knowledge and mental will be better for the last result.
- You should give me a ticket to your stage, I also used to let the loss continuously increase without stops because I hear a lot of advice that things will recover soon but unfortunately, this theory seems rotten and no longer used, all the advantages of holding have betrayed my trust, a few years have passed and after examining the token in the wallet, it is too small for what has been invested. It's so bad that we don't know where to stop, regret can sometimes make the pain increase faster, never dare to make another mistake like that.


Title: Re: your worst mistake
Post by: Fatunad on May 07, 2021, 08:26:29 PM
doesnt set stop loss and let minus running in my trades be worst mistake that i ever made.  only in few hours all many almost gone due mistake in single trade. so dont repeate this mistake on your trade and focus with your profit or stop loss target. beside of this dont trade while you have any skill, prepare our knowledge and mental will be better for the last result.
Stop loss would be relevant when you do make short or active trades but if you do go for long term then setting no stop loss wouldnt really be an issue because you can just simply
wait for the price to recover for you to break even or making profits rather but somehow you would really be waiting for an indefinite span of time and if you are a type of person
who doesnt like to wait then most likely you wont really be going into this action or path.So its up to someones choice and preference though.Mistakes are inevitable
its neither on making decisions or not really able to make entries and exits on particular situations.


Title: Re: your worst mistake
Post by: Stedsm on May 07, 2021, 08:55:40 PM
Do remember to take your profits and enjoy them because if you won't, then the markets will eat your profits and leave you with nothing. I learnt this during the previous bull run and as you're currently entering the markets during a bull run, remember this that once you've made 2x, take out your capital at any cost and just trade with your profits and with every 2x that you make, take out 50% from the profits made and keep the rest to trade them as additional capital. It really helps and if the joy of spending those earnings is not experienced, what's the benefit of trading and making money? ;)


Title: Re: your worst mistake
Post by: aditasetia123 on May 07, 2021, 09:56:32 PM
Do remember to take your profits and enjoy them because if you won't, then the markets will eat your profits and leave you with nothing. I learnt this during the previous bull run and as you're currently entering the markets during a bull run, remember this that once you've made 2x, take out your capital at any cost and just trade with your profits and with every 2x that you make, take out 50% from the profits made and keep the rest to trade them as additional capital. It really helps and if the joy of spending those earnings is not experienced, what's the benefit of trading and making money? ;)
most of us be greedy when they look portofolio value increase alot. they still believe price will continue to climbing , and till in a point everything pullback . profit that should closed now to be losses. i am always take my trade initial balace, and let profit running for long term. so only my profit that used for trading and ifeel comfort with this startegy.


Title: Re: your worst mistake
Post by: Luqman on May 07, 2021, 10:39:20 PM
I am not telling you about my mistake in the beginning to join this forum but will tell you the biggest mistake I ever did. You must be aware if I got 2 red-trust, it is my biggest mistake. Because of my greedy, I was trying to join all my accounts on one bounty. Although it is strictly prohibited by the bounty manager, I registered all my accounts on the signature campaign of the bounty. As the result, it is detected by forum police, then I directly got a red-trust. I suggest you never do it, you will very regret it.


Title: Re: your worst mistake
Post by: Maslate on May 07, 2021, 11:52:35 PM
Do remember to take your profits and enjoy them because if you won't, then the markets will eat your profits and leave you with nothing. I learnt this during the previous bull run and as you're currently entering the markets during a bull run, remember this that once you've made 2x, take out your capital at any cost and just trade with your profits and with every 2x that you make, take out 50% from the profits made and keep the rest to trade them as additional capital. It really helps and if the joy of spending those earnings is not experienced, what's the benefit of trading and making money? ;)
most of us be greedy when they look portofolio value increase alot. they still believe price will continue to climbing , and till in a point everything pullback . profit that should closed now to be losses. i am always take my trade initial balace, and let profit running for long term. so only my profit that used for trading and ifeel comfort with this startegy.
greediness is one reason why many traders had suffered losses. They are not contented to ear small amount but wanted more and more. I know that most of us have sometimes to think that way but in such a way we need to clear that mindset as this could only ruin our plan and might put us into losing everything we have. Though we aim high and big profit but then, we must also know about being contented.


Title: Re: your worst mistake
Post by: sumant on May 08, 2021, 01:16:55 AM
From my point of view I have done good in trading. Choosing some project is very easier for me but I had made real and big mistake that I haven't hold any coin for some big profits. My patience is very poor quality. Without patience nobody can change their lifes in cryptocurrencie.


Title: Re: your worst mistake
Post by: awik p on May 08, 2021, 04:29:33 AM
Do remember to take your profits and enjoy them because if you won't, then the markets will eat your profits and leave you with nothing. I learnt this during the previous bull run and as you're currently entering the markets during a bull run, remember this that once you've made 2x, take out your capital at any cost and just trade with your profits and with every 2x that you make, take out 50% from the profits made and keep the rest to trade them as additional capital. It really helps and if the joy of spending those earnings is not experienced, what's the benefit of trading and making money? ;)
most of us be greedy when they look portofolio value increase alot. they still believe price will continue to climbing , and till in a point everything pullback . profit that should closed now to be losses. i am always take my trade initial balace, and let profit running for long term. so only my profit that used for trading and ifeel comfort with this startegy.
greediness is one reason why many traders had suffered losses. They are not contented to ear small amount but wanted more and more. I know that most of us have sometimes to think that way but in such a way we need to clear that mindset as this could only ruin our plan and might put us into losing everything we have. Though we aim high and big profit but then, we must also know about being contented.
greed is human nature, and I think every trader will certainly experience it, especially at the beginning of entering the world of trading. but what distinguishes each trader is how they regulate their emotions in themselves, even though they use the same trading technique, the results will be different for each trader, because they have different psychology.


Title: Re: your worst mistake
Post by: CryptopreneurBrainboss on May 08, 2021, 04:43:00 AM
From my point of view I have done good in trading. Choosing some project is very easier for me but I had made real and big mistake that I haven't hold any coin for some big profits. My patience is very poor quality. Without patience nobody can change their lifes in cryptocurrencie.

Exactly, earlier this year I had a feeling binance coin would do great and picked interest in investing in it. Bought a couple with some friends and it begins to give us profit. Initially I wanted to hold until the end of year but due to the pressure of securing profit before a sudden market crash, we lost the opportunity to be among those happily rejoicing because of the return of investment their investment has given.

Whats funny was that I brought up the idea of buying the BNB and it was very early in February, BNB was just trading around $40 that means judging from the current price we should have been seating on 10x+ our investment right now. The lesson here is to invest individually so you can call all the shot and not combining with friends to invest.


Title: Re: your worst mistake
Post by: Tahsin Kabir Kollol on May 08, 2021, 07:34:09 AM
In the early stages of trading, everyone makes big and small mistakes. Even many experienced traders make big mistakes due to mistakes made while doing different types of analysis while trading. In the first year of trading, I also made many small and big trading mistakes. The biggest mistake of all is to convert Bitcoin into USD by selling Bitcoin during the downtrend in mid-February 2020. The biggest mistake of my cryptocurrency trading was not to take the risk of buying Bitcoin again later, even though I had the opportunity to buy it at a relatively low price.


Title: Re: your worst mistake
Post by: Koro-Sensei on May 08, 2021, 02:19:51 PM
Following whales. This is my first wrong move in trading to spot. I lost a lot with them specially that I saw they have Millions of followers in telegram. They promised a 500% return in following them but instead I lost over 2/3 of my savings.


Title: Re: your worst mistake
Post by: uray on May 08, 2021, 02:56:03 PM
Whats funny was that I brought up the idea of buying the BNB and it was very early in February, BNB was just trading around $40 that means judging from the current price we should have been seating on 10x+ our investment right now. The lesson here is to invest individually so you can call all the shot and not combining with friends to invest.
It is not that great if you are going for a group buy as you cannot carry on with the decision but even in the case if i take individual decisions, i might have sold the well before it crossing $200 as i did not expect the price to cross above $600, the only reason i am not holding these coins for the long term when the price is rallying is because you never know when the developers will dump the coins as we have seen over the years that these heavily premined coins cannot be trusted during a bull market.


Title: Re: your worst mistake
Post by: Ultegra134 on May 08, 2021, 04:08:32 PM
From my point of view I have done good in trading. Choosing some project is very easier for me but I had made real and big mistake that I haven't hold any coin for some big profits. My patience is very poor quality. Without patience nobody can change their lifes in cryptocurrencie.

Exactly, earlier this year I had a feeling binance coin would do great and picked interest in investing in it. Bought a couple with some friends and it begins to give us profit. Initially I wanted to hold until the end of year but due to the pressure of securing profit before a sudden market crash, we lost the opportunity to be among those happily rejoicing because of the return of investment their investment has given.

Whats funny was that I brought up the idea of buying the BNB and it was very early in February, BNB was just trading around $40 that means judging from the current price we should have been seating on 10x+ our investment right now. The lesson here is to invest individually so you can call all the shot and not combining with friends to invest.
I also had the same feeling for Polkadot, back when it was worth $5-6 at most. I bought a few along with a friend, which persuaded me into selling not long after our purchase, during a market crash. Now it's proudly at approximately $40 each.

It's best to avoid such moves with anyone, friends or acquaintances, none of us can really predict what might happen, while at the same time, affect us in making a decision that we possibly wouldn't make.


Title: Re: your worst mistake
Post by: SacriFries11 on May 08, 2021, 04:15:07 PM
From my point of view I have done good in trading. Choosing some project is very easier for me but I had made real and big mistake that I haven't hold any coin for some big profits. My patience is very poor quality. Without patience nobody can change their lifes in cryptocurrencie.
That's also one of my weakness when it comes in trading, due to FOMO, sometimes I cannot hold my tokens. There are also times that it ended up losing my money. I'm become greedy in different times and I need to control it. Patience and become consistent even its just 10 - 20% of profit is enough.


Title: Re: your worst mistake
Post by: Hughes_Ryan on May 08, 2021, 04:49:25 PM
what was your worst mistake ( in the very beginning, 1st year).
The worst mistake I made was holding some coins that become shitcoins. Especially my earning in bounties few years ago, it had some value before but now it's equivalent to nothing.
I came to crypto in 2018, which was in a period of decline following Chinese crypto bans and sanctions.  That left me down and distrust, my patience went to the limit by selling everything I had when ETH hit $ 80 at the time.  My patience became fragile, and up to this point, I have gained more experience, more steadfastness.  That made me confidently enjoy the good times of bitcoin and crypto.

Bounty came to me just a plump zero.  Lol


Title: Re: your worst mistake
Post by: Ultegra134 on May 08, 2021, 05:50:16 PM
From my point of view I have done good in trading. Choosing some project is very easier for me but I had made real and big mistake that I haven't hold any coin for some big profits. My patience is very poor quality. Without patience nobody can change their lifes in cryptocurrencie.
That's also one of my weakness when it comes in trading, due to FOMO, sometimes I cannot hold my tokens. There are also times that it ended up losing my money. I'm become greedy in different times and I need to control it. Patience and become consistent even its just 10 - 20% of profit is enough.
Ha, I had approximately 0.60 Ethereum on March, I sold them after the market recovered. Now it's over $3.000, having bought at $1600, a profit of $800 would now be guaranteed. Sometimes I feel that short term trading should be avoided in smaller scale trades.


Title: Re: your worst mistake
Post by: South Park on May 08, 2021, 06:54:37 PM
Do remember to take your profits and enjoy them because if you won't, then the markets will eat your profits and leave you with nothing. I learnt this during the previous bull run and as you're currently entering the markets during a bull run, remember this that once you've made 2x, take out your capital at any cost and just trade with your profits and with every 2x that you make, take out 50% from the profits made and keep the rest to trade them as additional capital. It really helps and if the joy of spending those earnings is not experienced, what's the benefit of trading and making money? ;)
It is not a bad strategy but one that I see working only in bitcoin and the main altcoins we have in the market, I say this because if you are interested in investing in new coins then you are going to eventually lose money as it is known that you will lose money on 9 out of 10 coins that you invest in and you need the remaining one to cover the losses you have suffered and grow even more so you can finally become profitable, something that will be almost impossible if you sell after just getting 2x in profits.


Title: Re: your worst mistake
Post by: isaac_clarke22 on May 08, 2021, 07:05:50 PM
~
Like a fish going with the flow along with the whales, I see. :D
I kinda felt how could it have hurt to do that, but I guess you didn't had it worse than mine because my coin was like being hunted for sure by the whales when I panicked sell back in the days.
They got my sold coin.


Title: Re: your worst mistake
Post by: tbterryboy on May 08, 2021, 07:08:04 PM
As a beginner one of the things you have to learn is how to make transactions and do it exactly to a valid address. While trying to do this I sent bitcoin to a wrong address and not knowing its gone forever. I was sad for months. Its good to learn to the brim.
Yes, have seen many newbie people who are just entering into crypto space usually messing up with wrong destination addys. Nothing big would be needed here but just being careful will solve all the problems. I am just wondering why people are in hurry while they are making transaction. All crypto transactions are non-reversible hence once sent is sent forever; it means sending to wrong address is nothing but lost forever.

Also heard about sending BTC to BCH kind of mess up as well. I believe all these are just because of not being careful enough.

Not just in crypto transactions, we need to be careful everywhere because being conscious will definitely avoid lots of later hassles.


Title: Re: your worst mistake
Post by: sulendra12 on May 08, 2021, 10:48:11 PM
Would be happy to read about your experience !
My first year experience of learning cryptocurrency was wild. Got my few thousands of satoshis back then through faucet and even back then claiming money through faucets was really satisfying since there are so many faucet sites out there, so you can make decent amount of money back there.

But since I didn't know shit back then, I gambled some of my faucet earnings and lost all of it. It was really depressing moment and I hope I could go back there and save my money but oh well I could not.


Title: Re: your worst mistake
Post by: Quidat on May 08, 2021, 10:51:56 PM
Would be happy to read about your experience !
My first year experience of learning cryptocurrency was wild. Got my few thousands of satoshis back then through faucet and even back then claiming money through faucets was really satisfying since there are so many faucet sites out there, so you can make decent amount of money back there.

But since I didn't know shit back then, I gambled some of my faucet earnings and lost all of it. It was really depressing moment and I hope I could go back there and save my money but oh well I could not.
Past is past and theres no way on getting those lost coins back and just like into those amounts that i had lost in Hyip and ponzis where i do heavily invest with those things to believe
that i would make myself rich until the reality slap into my face and realized that i should have save up those coins and able to hold it up for long term and i might be rich
as of this moment since the market had risen up too much into the certain point where those coins valued way higher on what i do need to live on a lavish life.


Title: Re: your worst mistake
Post by: aditasetia123 on May 08, 2021, 10:53:30 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
first mistake must be over trades and put order careless with technical analisys. we just buy or sell as we want and didnt recognized which level that best as entry place. in future trading i am using too high leverage and balance so its very easy to auto liquidated.but this experience absorb well and learn alot to improve my skill and psychology.


Title: Re: your worst mistake
Post by: Viscore on May 08, 2021, 10:55:08 PM
From my point of view I have done good in trading. Choosing some project is very easier for me but I had made real and big mistake that I haven't hold any coin for some big profits. My patience is very poor quality. Without patience nobody can change their lifes in cryptocurrencie.
That's also one of my weakness when it comes in trading, due to FOMO, sometimes I cannot hold my tokens. There are also times that it ended up losing my money. I'm become greedy in different times and I need to control it. Patience and become consistent even its just 10 - 20% of profit is enough.
Ha, I had approximately 0.60 Ethereum on March, I sold them after the market recovered. Now it's over $3.000, having bought at $1600, a profit of $800 would now be guaranteed. Sometimes I feel that short term trading should be avoided in smaller scale trades.
Well, not all the time that short-time trading mostly ended like that. No, not exactly it to the worse but it is also depending on the market situation. In your case, I tell you that you were just unlucky that time but not the worse thing, $800 profit is big enough for me. Honestly, I'll certainly be taking that opportunity instead. We are not sure about the upcoming, you are doing is smart, that is the reality behind it.


Title: Re: your worst mistake
Post by: Coin-1 on May 09, 2021, 01:01:10 AM
My worst mistake is that I bought UTK tokens in September 2020. I paid my 2 ETH for 10K tokens on a decentralized exchange, but then the UTRUST team suddenly migrated to another smart contract, so I stayed with the old UTK tokens. A few days later, I contacted representatives of the company via Telegram, clarified my situation and provided all the transactions, but they merely ignored my problem and fell silent.

Although, I don't think it was a trading mistake. Honestly, I consider I was scammed by the UTRUST team. Moreover, many people have lost their funds due to an unexpected and fraudulent token "swap". I even created a thread on Bitcointalk. I am astonished some large exchanges still list dishonest projects like UTRUST.

As a result, I lost about $8000 at the current price. I advice you to research the reputation of the persons behind the project before purchasing any coin or token.


Title: Re: your worst mistake
Post by: Hispo on May 09, 2021, 01:12:35 AM
I sold my DOGE for 5$ of gains three days before this insane DOGE rally began.
Could have been over 100$, instead 5$


Title: Re: your worst mistake
Post by: suryogandul on May 09, 2021, 02:01:33 PM
if talking about my worst mistake would be a lot. but I focused on an error where I transferred my assets to a coin which turned out to be a scam due to a referral from someone. even though I didn't get a big loss but it's a regret because I should be able to use my assets in a coin that is more profitable than the scam coin.


Title: Re: your worst mistake
Post by: boty on May 09, 2021, 02:17:18 PM
if talking about my worst mistake would be a lot. but I focused on an error where I transferred my assets to a coin which turned out to be a scam due to a referral from someone. even though I didn't get a big loss but it's a regret because I should be able to use my assets in a coin that is more profitable than the scam coin.
you got one important experience from this accident, you are the first person who did it. alot trader do same thing with you ,involved me dude. in crypto market we have to due dilligent when working everything even that small thing and looks not important at all for us. next time we have to double check before click confirm button.


Title: Re: your worst mistake
Post by: mamahdedeh on May 09, 2021, 02:42:19 PM
if talking about my worst mistake would be a lot. but I focused on an error where I transferred my assets to a coin which turned out to be a scam due to a referral from someone. even though I didn't get a big loss but it's a regret because I should be able to use my assets in a coin that is more profitable than the scam coin.
you got one important experience from this accident, you are the first person who did it. alot trader do same thing with you ,involved me dude. in crypto market we have to due dilligent when working everything even that small thing and looks not important at all for us. next time we have to double check before click confirm button.
experience is a valuable asset in maturing our activities in crypto, everyone has experienced mistakes and I am sure that experience can make us more thorough in the future. Don't get caught up in disappointment so that we can move on and find more fortune in the crypto world as usual


Title: Re: your worst mistake
Post by: Ultegra134 on May 09, 2021, 06:40:37 PM
I sold my DOGE for 5$ of gains three days before this insane DOGE rally began.
Could have been over 100$, instead 5$
Don't get me going on Doge, I used to have more than 30,000 Dogecoins back in 2016 if I am not mistaken, acquired with mining. I sold them for $5-6 at most. On top of that, some leftover Doge remained in the wallet which I no longer have access to, because the HDD has been wiped. It's been a sad story for me.


Title: Re: your worst mistake
Post by: Btcltccions2013 on May 09, 2021, 06:52:10 PM
My worst mistake was trusting and exit cam exachanger -- > therocktrading
Just check the scam accusation thread ;/


Title: Re: your worst mistake
Post by: wahyu wida on May 10, 2021, 06:36:45 AM
I sold my DOGE for 5$ of gains three days before this insane DOGE rally began.
Could have been over 100$, instead 5$
Don't get me going on Doge, I used to have more than 30,000 Dogecoins back in 2016 if I am not mistaken, acquired with mining. I sold them for $5-6 at most. On top of that, some leftover Doge remained in the wallet which I no longer have access to, because the HDD has been wiped. It's been a sad story for me.
I said no one will know what will happen in the market. maybe if doge does not inflate, maybe you will not be disappointed like this. but I emphasize again that it may not be your luck, as long as you still hold the doge, you may also have sold it before it reached the current price, because psychologically


Title: Re: your worst mistake
Post by: Obito on May 10, 2021, 07:09:44 AM
I sold my DOGE for 5$ of gains three days before this insane DOGE rally began.
Could have been over 100$, instead 5$
Just get in when you can and try to hodl it whenever you can. My mistake is that I didn't wait for the prices of bitcoin to go up to 50k because I sold it at around 30k and the next week after I sold it, the prices started rallying to a big pump and I could have gotten much more out of it if I just waited for a little while.


Title: Re: your worst mistake
Post by: Yatsan on May 10, 2021, 04:31:35 PM
Maybe the worst mistake I have made so far in my cryptocurrency journey is being so soft handed as a beginner for I do fear losses at first because knowing that I have invested with real money and I got afraid that it will take plenty of time to regain those losses, I doubted the coin I have invested with and sold all throughout leaving nothing behind and I just got shocked seeing that the coin I have sold have recovered and become profitable. For a beginner by that time, I think that was the worst mistake for I still have no experience and greater knowledge about crypto by that time.


Title: Re: your worst mistake
Post by: Fivestar4everMVP on May 10, 2021, 04:55:21 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
Personally, I don't really have a worst mistake in the beginning aside a couple of times I gave my money away to scammers because I was too greedy for gain and don't know they were scammers.
My worst crypto mistake is of recent, and let me say that am not a trader, though I used to trade, but nowadays, I prefer to buy and hodl, so am an investor, is last year, I bought over 24 Ethereum coins at around 250$ each, held till around October, I saw a small upward movement and I rushed to sell all my Ethereum tokens for the price of 400$ each, today, this action is my worst mistake and regret, I sold all, withdraw everything to my local currency and got about 4 million, if only I held, today, they are worth over 50 million, each time I think of this, and remember the fact that I even squandered most part of the 4 million, it makes me wanna cry, I've learnt my lesson and never making this kind of mistake again.


Title: Re: your worst mistake
Post by: Furious 7 on May 10, 2021, 04:59:38 PM
Maybe the worst mistake I have made so far in my cryptocurrency journey is being so soft handed as a beginner for I do fear losses at first because knowing that I have invested with real money and I got afraid that it will take plenty of time to regain those losses, I doubted the coin I have invested with and sold all throughout leaving nothing behind and I just got shocked seeing that the coin I have sold have recovered and become profitable. For a beginner by that time, I think that was the worst mistake for I still have no experience and greater knowledge about crypto by that time.
Actually this error must have happened to me now sometimes I buy invested coins but I'm not sure after experiencing a decline I immediately panicked and sold them without a secondhand and after a month later the recovery was quite large, so this mentality is still not strong enough to remember this. This kind of regret sometimes even likes to exist in my mind to become a problem of thought in silence, so that mistake from the beginning until now has never been forgotten and has always existed, indeed my basis is still not completely.


Title: Re: your worst mistake
Post by: gabbie2010 on May 10, 2021, 06:56:13 PM
The worst mistake I ever made while trading cryptocurrencies is that I forget to place a stop loss in one of my trade I almost lost all my portfolio when the price moved against me without my noticing it on time  and this was well aided by high volatility of the price, I was very disappointed with myself because it was an avoidable mistake, however I had learnt from my mistake and moved on I hope every newbie should utilize the use of stop loss in their trading system.


Title: Re: your worst mistake
Post by: Fredomago on May 10, 2021, 07:10:41 PM
The worst mistake I ever made while trading cryptocurrencies is that I forget to place a stop loss in one of my trade I almost lost all my portfolio when the price moved against me without my noticing it on time  and this was well aided by high volatility of the price, I was very disappointed with myself because it was an avoidable mistake, however I had learnt from my mistake and moved on I hope every newbie should utilize the use of stop loss in their trading system.

With the right knowledge they can use this feature as a good tool to prevent certain losses if they don't have that time to stay long inside the exchange, certain market movements are very hard to predict as high volatility still dominates this venue of investment.

Every missmanaged got a lesson to learned, you lose some of your investment you learn to prevent making the same, you'll build good strategy and creatre patterns to make sure that you'll not lead your way to do the same thing but instead, you'll deal with it with a much better asessments and good calls to switched things in favor to your side.


Title: Re: your worst mistake
Post by: cyriljundos on May 11, 2021, 04:59:47 AM
my worst mistake in crypto world and in trading is selling my funds to low price and not waiting for the right moment to sell. i have lot of coin that price now is too high, i sold it on lowest price and i regret my decision on selling it . but its okay past is past we cannot control the price and we didnt expect that ti risen up the price.
 


Title: Re: your worst mistake
Post by: iram3130 on May 11, 2021, 11:56:38 AM
I think my worst mistake is not having the guts to trade regularly. The last Bear run has made me so weak that I couldn't buy anything even when I knew what was going to happen in this Bull run. I would have easily doubled my whole principle by trading into alts but I couldn't.


Title: Re: your worst mistake
Post by: death69 on May 11, 2021, 12:21:20 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
In 2016, I lost more than $5000 in Forex trading. I was quite upset back then and it really exhausted. The main reason was because I did not know about trading but still entered it with a confident feeling. I had my friend supporting me in making any trade but unfortunately, he turned his back on me after provided me many false signals. Damn. It was really hurt. I felt like I was betrayed by one of the man I truly trust. My $5000 turned into $1000 after listening to his advice.

Then, I realized I can not trust anyone except myself. I spent more time to learn trading and obtain knowledge on youtube. There are many good courses actually. Now, I feel satisfy to what I did: being able to make stable income with trading


Title: Re: your worst mistake
Post by: Ultegra134 on May 11, 2021, 01:08:44 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
In 2016, I lost more than $5000 in Forex trading. I was quite upset back then and it really exhausted. The main reason was because I did not know about trading but still entered it with a confident feeling. I had my friend supporting me in making any trade but unfortunately, he turned his back on me after provided me many false signals. Damn. It was really hurt. I felt like I was betrayed by one of the man I truly trust. My $5000 turned into $1000 after listening to his advice.

Then, I realized I can not trust anyone except myself. I spent more time to learn trading and obtain knowledge on youtube. There are many good courses actually. Now, I feel satisfy to what I did: being able to make stable income with trading
I'm sorry for your loss, try to take it as a lesson learned. It's a decent amount though, not sure how I'd react if I were you. I still beat myself for selling Bitcoin on December, so I'd guess my reaction wouldn't be pretty. I'm against following signals from friend and acquaintances, not only can they have a negative impact on your relationship with them, but could also be an attempt to scam you.


Title: Re: your worst mistake
Post by: molsewid on May 11, 2021, 01:10:17 PM
I think my worst mistake is not having the guts to trade regularly. The last Bear run has made me so weak that I couldn't buy anything even when I knew what was going to happen in this Bull run. I would have easily doubled my whole principle by trading into alts but I couldn't.
I think my wort mistake is not believing in bitcoin at first. Like other people my first impression about it was it's a scam even I feel it from the start that it isn't. I I'm maybe lazy to do research about it and condcluded it as scam to be safe. My second worst mistake is like yours, not having the guts to trade or invest. I'm too scared to make mistakes and I get anxious when I'm thinking what if I lose my money. I know all the possible outcome maybe Im not ready enough to face it.


Title: Re: your worst mistake
Post by: tygeade on May 11, 2021, 09:09:40 PM
I think my wort mistake is not believing in bitcoin at first. Like other people my first impression about it was it's a scam even I feel it from the start that it isn't. I I'm maybe lazy to do research about it and condcluded it as scam to be safe.
I did the same kind of mistake. I first heard about bitcoin in 2010 itself but I did not show any interest on it. If I started working for bitcoin or started mining bitcoins then that would be changing my life into something complete different; I must agree that would be a life time mistake. In my case, it was more than worst mistake for sure.

My second worst mistake is like yours, not having the guts to trade or invest. I'm too scared to make mistakes and I get anxious when I'm thinking what if I lose my money. I know all the possible outcome maybe Im not ready enough to face it.
Fortunately I managed to invest in bitcoins since 2013/2014. At that times, I did not invest big but fortunately I managed to hold them till now. I am expecting something big out of my early investments to change my life into better one but still waiting.


Title: Re: your worst mistake
Post by: Pamadar on May 11, 2021, 10:04:47 PM
I think my worst mistake is not having the guts to trade regularly. The last Bear run has made me so weak that I couldn't buy anything even when I knew what was going to happen in this Bull run. I would have easily doubled my whole principle by trading into alts but I couldn't.
I think my wort mistake is not believing in bitcoin at first. Like other people my first impression about it was it's a scam even I feel it from the start that it isn't. I I'm maybe lazy to do research about it and condcluded it as scam to be safe. My second worst mistake is like yours, not having the guts to trade or invest. I'm too scared to make mistakes and I get anxious when I'm thinking what if I lose my money. I know all the possible outcome maybe Im not ready enough to face it.

Much better than go for it without any knowledge I mean with dealing into trading.

Regrets may take place as you have all the opportunities to grab but what if you do it and it didn't materialized to favor your investment, the outcome might be more regretful. Better to deal with something that you are comfortable and you are willing to take any risk behind, there's always another chance and if you believe that you are now ready to work with then it's the right time to start chasing your success.


Title: Re: your worst mistake
Post by: Vaculin on May 11, 2021, 10:06:42 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

My worst mistake is not selling my tokens despite of very high value, the green in me came through without thinking any possibility that it became worthless in the future. That was a very frustrating scenario of my trading, so I decided nowadays I won't waste any chance once I got my coins at very profitable value. I would grab the iron while it's hot before everything is too late, because holding coins for such a long time might pur your asset in danger once devs won't stay longer to make the project sustainable.
Most of us had experienced such a thing because of someone saying hold and hold. Our greediness makes things at worse and we've been driven to of losing the opportunity. Well, that gonna be tricking us. We have to understand the market's volatility and dumps can be inevitable nor you can see it coming. So, if there is an opportunity, we shouldn't have to think about it more and more, that simply grab on it.


Title: Re: your worst mistake
Post by: milewilda on May 11, 2021, 11:24:52 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

My worst mistake is not selling my tokens despite of very high value, the green in me came through without thinking any possibility that it became worthless in the future. That was a very frustrating scenario of my trading, so I decided nowadays I won't waste any chance once I got my coins at very profitable value. I would grab the iron while it's hot before everything is too late, because holding coins for such a long time might pur your asset in danger once devs won't stay longer to make the project sustainable.
Most of us had experienced such a thing because of someone saying hold and hold. Our greediness makes things at worse and we've been driven to of losing the opportunity. Well, that gonna be tricking us. We have to understand the market's volatility and dumps can be inevitable nor you can see it coming. So, if there is an opportunity, we shouldn't have to think about it more and more, that simply grab on it.
Hard really to be done when you know that chances on getting rich is there next on the line but its true that chances or opportunities doesnt really come often on someones
life this is why we should let our greed do control us and asking out for more but its up to someone risk management because there are really projects which are really worth
to be hold on for future years and you cant know on what would happen next this is why some would be ending up on holding their coins and tendency for dumps
and no recovery is really there which would really be leaving you to regret for the rest of your life.


Title: Re: your worst mistake
Post by: rhodelmabanal on May 12, 2021, 05:16:16 AM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
Mistakes is normal specially when we are in a learning stage in crypto it is normal that we can do some wrong decisions but time will come that we can know all of the strategy to earn. The only worst mistakes when I was a beginner in cypto is that i can't hold my coin for long term beause  i want to earn profit in a very quick way  and now I see that if we dont have patience and cannot hold we cannot gain a big profit on crypto and the price of bitcoin today is one of the evidences on how important patience is in crypto.


Title: Re: your worst mistake
Post by: EiKaGlaShPriSAThWEl on May 12, 2021, 07:02:09 AM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

Worst mistake was buying a coin without analyzing if the coin was good to trade or not as well as not considering that the price was still high but I still bought it at that high price.It continue to go down and not did not pass the price when I bought it. I tried to hold it a little longer but it does not work. I should have used stop loss that time but my pride does not want me to lose anything from it so I still kept holding. Until the coin became priceless, I did not get any from it.


Title: Re: your worst mistake
Post by: Mpamaegbu on May 12, 2021, 04:12:45 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
Mine was selling off my 270 BNB at $3 (made huge profit though), and buying Regalcoin which almost immediately became a scam coin. My regret isn't because of where the current BNB price is at. It's on my irrational decision to trust a newly listed lending coin and then threw in all I had. I should've split that investment. Well, from hindsight it looks like it was irrational. But at the moment I took that decision it was well thought out and seemed the right thing to do. It's the same way a lot of people are buying the meme tokens as the rave of the moment. A few years from now, it's either they regret their actions or are happy with it. Till date, I feel like an idiot selling my BNB for peanut.


Title: Re: your worst mistake
Post by: molsewid on May 12, 2021, 04:26:39 PM
I think my worst mistake is not having the guts to trade regularly. The last Bear run has made me so weak that I couldn't buy anything even when I knew what was going to happen in this Bull run. I would have easily doubled my whole principle by trading into alts but I couldn't.
That's okay, don't be too hard on yourself. We are just human being and it's perfectly fine to commit mistakes. Mistakes lead us to be wiser and stronger to prepare us for the next big challenges that we're going to face. Now, you already know yourself better and can see your mistakes. Learn by that mistakes and change. You can still do something, try to start trade regularly now. Maybe that didn't happen in the past because this is the right timing. Trust the process and keep fighting.


Title: Re: your worst mistake
Post by: South Park on May 12, 2021, 07:36:11 PM
My worst mistake is that I bought UTK tokens in September 2020. I paid my 2 ETH for 10K tokens on a decentralized exchange, but then the UTRUST team suddenly migrated to another smart contract, so I stayed with the old UTK tokens. A few days later, I contacted representatives of the company via Telegram, clarified my situation and provided all the transactions, but they merely ignored my problem and fell silent.

Although, I don't think it was a trading mistake. Honestly, I consider I was scammed by the UTRUST team. Moreover, many people have lost their funds due to an unexpected and fraudulent token "swap". I even created a thread on Bitcointalk. I am astonished some large exchanges still list dishonest projects like UTRUST.

As a result, I lost about $8000 at the current price. I advice you to research the reputation of the persons behind the project before purchasing any coin or token.
That sucks but it is incredibly common, I have always thought that this is a move the developers make precisely because they know that not everyone is watching the developments of the coin 24/7 and they know that they can get away with this because technically they can do anything with the coin, so they create a false excuse about why they need to issue new tokens and all of those that fail to make the swap are out of luck and most likely they keep those coins for themselves and enrich themselves even further.


Title: Re: your worst mistake
Post by: blackened515 on May 12, 2021, 09:55:28 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
My worst mistake I have made is selling coin at early stage all the time, I have missed out from been a millionaire and that's why I have made up my mind to abstain from selling early, the richest investors today practice holding coin for longer period, tommy mustache bought Binance when it was $1.50, he's still holding the bnb coin till today, That's very impressive and jt matters determination. That's the wairt mistake I have ever made.


Title: Re: your worst mistake
Post by: Desscount on May 12, 2021, 10:47:02 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

mistakes happen very often when trading, one of my biggest mistakes is I lost $ 1000 in a day,
yes that was a nightmare !, and currently I'm learning not to be like that anymore, yes it's heartbreaking,
hopefully this year isn't too bad  ;D


Title: Re: your worst mistake
Post by: Questat on May 12, 2021, 10:54:11 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
My worst mistake I have made is selliny coin at early stage all the time.
No, you shouldn't have to regrets if you are already in the profit and why? Because it was your choice and the fact that you never know what will happen next either to pump or dump, that is the best and right decision should be. Of course, I'll be doing the same as you did. But the problem is that you find yourselves not satisfied and not contented with what you have got, it is a greedy instinct and that is the most reason why people ended up nothing and lost their money.

It wasn't a worse thing, what could make it worse is when you sell at loss, like panic selling.


Title: Re: your worst mistake
Post by: jinxing on May 13, 2021, 09:20:35 PM
The worst mistake I have ever experienced was rushing to sell Altcoins that unexpectedly could increase sharply in value in the next few months, so that the last 2 weeks the coin has experienced a very sharp increase from before and regrets are still attached to me today, so spintas always imagine that if I don't make a sale at that time maybe now I already have a lot of money from him can even buy a Tesla which is being talked about a lot of people here


Title: Re: your worst mistake
Post by: DarkDays on May 13, 2021, 09:57:14 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

My worst mistake is not selling my tokens despite of very high value, the green in me came through without thinking any possibility that it became worthless in the future. That was a very frustrating scenario of my trading, so I decided nowadays I won't waste any chance once I got my coins at very profitable value. I would grab the iron while it's hot before everything is too late, because holding coins for such a long time might pur your asset in danger once devs won't stay longer to make the project sustainable.
I can relate. There are times when the coins I'm in are doing really well and I'm not even thinking about selling and when I see the market taking a turn I then realise I was too greedy. This happened back in 2017/18 and I can tell this is happening now also.

Best crypto practice is to always take profits! I can not stress the importance of this. It is something we all need to be mindful of and do our best to stick to it - it will really save us big time in the not too distant future.


Title: Re: your worst mistake
Post by: BuNga_cute on May 13, 2021, 10:14:40 PM
The worst mistake I have ever experienced was rushing to sell Altcoins that unexpectedly could increase sharply in value in the next few months, so that the last 2 weeks the coin has experienced a very sharp increase from before and regrets are still attached to me today, so spintas always imagine that if I don't make a sale at that time maybe now I already have a lot of money from him can even buy a Tesla which is being talked about a lot of people here

Your mistake by selling coins too fast seems to have been experienced by almost all traders, it is only natural that we take profit too quickly.
Because we are afraid that the price will fall if we don't immediately sell the coins we have. It's not a fatal mistake that you need to worry about
and don't be too sorry for doing that. Because the mistakes you make can be corrected by taking care of our emotions when trading, especially
controlling the patience that we have is very important in trading.


Title: Re: your worst mistake
Post by: Kayum10029 on May 13, 2021, 10:22:20 PM
I always follow Elon musk announcement and instructions but very recently I invested dogecoin and Bitcoin following elon musk tweeted but trust me I already lost more than $3650  tweeted from Elon musk tesla company suspended bitcoin . What's a crucial decisions made by elon musk!!!

It's my the worst mistake...


Title: Re: your worst mistake
Post by: jinxing on May 14, 2021, 08:37:37 PM
The worst mistake I have ever experienced was rushing to sell Altcoins that unexpectedly could increase sharply in value in the next few months, so that the last 2 weeks the coin has experienced a very sharp increase from before and regrets are still attached to me today, so spintas always imagine that if I don't make a sale at that time maybe now I already have a lot of money from him can even buy a Tesla which is being talked about a lot of people here

Your mistake by selling coins too fast seems to have been experienced by almost all traders, it is only natural that we take profit too quickly.
Because we are afraid that the price will fall if we don't immediately sell the coins we have. It's not a fatal mistake that you need to worry about
and don't be too sorry for doing that. Because the mistakes you make can be corrected by taking care of our emotions when trading, especially
controlling the patience that we have is very important in trading.

Emotional control and applying patience are indeed the main requirements of a trader so that he can always make a profit and can minimize the risk of loss if we are able to control our emotions when trading. I am also sure everyone has experienced deep regret when they made a trading strategy wrong, but it should not be regretted, but rather a bridge for us to be able to correct the mistakes we have ever done.


Title: Re: your worst mistake
Post by: Fatunad on May 14, 2021, 10:09:30 PM
The worst mistake I have ever experienced was rushing to sell Altcoins that unexpectedly could increase sharply in value in the next few months, so that the last 2 weeks the coin has experienced a very sharp increase from before and regrets are still attached to me today, so spintas always imagine that if I don't make a sale at that time maybe now I already have a lot of money from him can even buy a Tesla which is being talked about a lot of people here

Your mistake by selling coins too fast seems to have been experienced by almost all traders, it is only natural that we take profit too quickly.
Because we are afraid that the price will fall if we don't immediately sell the coins we have. It's not a fatal mistake that you need to worry about
and don't be too sorry for doing that. Because the mistakes you make can be corrected by taking care of our emotions when trading, especially
controlling the patience that we have is very important in trading.

Emotional control and applying patience are indeed the main requirements of a trader so that he can always make a profit and can minimize the risk of loss if we are able to control our emotions when trading. I am also sure everyone has experienced deep regret when they made a trading strategy wrong, but it should not be regretted, but rather a bridge for us to be able to correct the mistakes we have ever done.
Indeed one of the main requirements because analysis and skills wont really be just enough to be an effective trader if your emotional aspect is really unstable or not really that strong.
Trading is something to deal with moving price which means you need to be that mindful on what are the things you should do or what decisions you would make for you to make a good profitable trade.
Mistakes are common because theres no such thing about being a perfect trader or does make constant profit but somehow due to qualities and skills you attained
you can really lessen up the risk of losing and does depend actually on you.


Title: Re: your worst mistake
Post by: Issa56 on May 14, 2021, 10:44:44 PM
It has not really been long I started trading but one of my worst experience was when I bought a coin and few days later the coin started to dump I was scared but I was still trying to hold the coin after few days the coin dip more and I was really scared that the coin will still dip more and I was scared to lose all my money and I later sold the coin at lost after few days later the coin started to pump and did 2x and I sold my own at lost since then I believe I will never sell any of my coin at lost again since am not holding a shit coin.


Title: Re: your worst mistake
Post by: anti-dot on May 14, 2021, 10:49:52 PM
I always follow Elon musk announcement and instructions but very recently I invested dogecoin and Bitcoin following elon musk tweeted but trust me I already lost more than $3650  tweeted from Elon musk tesla company suspended bitcoin . What's a crucial decisions made by elon musk!!!

It's my the worst mistake...

Awesome so you are a billionaire by now because if you always follow Elon Musk you should own a lot of Tesla shares since very early on. Musk sold his properties and lend money to pay the rent. All the money he had was put into Tesla and SpaceX. If you did the same I can only congratulate you! :)


Title: Re: your worst mistake
Post by: gamer4156 on May 15, 2021, 06:05:34 AM
My first misstep was selling at a value lower than what I purchased. since taking a gander at confounded diagrams, sharp falls and everything makes alarm and befuddled seeing the equilibrium in the portfolio decline. I attempted to exchange with straightforward Buy low sell high and lost everything as I possibly let my instinct be my guide on when to purchase and in this way with no danger the board and no essentials about cryptos that I purchase, I generally alarm sell.


Title: Re: your worst mistake
Post by: Peanutswar on May 15, 2021, 01:32:30 PM
Welcome to the board of trading discussion I think one of the biggest regrets in my life is sold my Bitcoin at the rice of 10K USD and 22k USD, of course, j remember because it's one of the most regret parts of my life imagine how long I hold those coins and see right now the highest price of the 60k USD well it's part of the market no one knows what will happen in the Bitcoin at that right this is the first wave of my investment I'm just starting on that way. Next is too much feared of the market price volatility, of course, not by me but also other members or people get feared when their money is getting lost.

Now I already have a mental positive state and already build-up to keep myself conscious about the market movement.


Title: Re: your worst mistake
Post by: South Park on May 16, 2021, 07:41:43 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

My worst mistake is not selling my tokens despite of very high value, the green in me came through without thinking any possibility that it became worthless in the future. That was a very frustrating scenario of my trading, so I decided nowadays I won't waste any chance once I got my coins at very profitable value. I would grab the iron while it's hot before everything is too late, because holding coins for such a long time might pur your asset in danger once devs won't stay longer to make the project sustainable.
I can relate. There are times when the coins I'm in are doing really well and I'm not even thinking about selling and when I see the market taking a turn I then realise I was too greedy. This happened back in 2017/18 and I can tell this is happening now also.

Best crypto practice is to always take profits! I can not stress the importance of this. It is something we all need to be mindful of and do our best to stick to it - it will really save us big time in the not too distant future.

This is a very common mistake but one that can be easily avoided, you need a trading strategy and you need to follow it no mater what, after all while many people regret selling earlier and losing some profits they still got profits, but there is nothing worse than having a winning trade becoming a losing one because you kept holding your coins thinking the market was going to turn around only to find out your prediction was wrong and you lost money.


Title: Re: your worst mistake
Post by: shushu9977 on May 17, 2021, 05:47:26 AM
There are many mistakes in the first year and at the present. I got a coin in the beginning and sell only few 150 dollars, but after few months it will go to the moon like 10000 dollars. Many times, I got profit and I lost my money, at the present, I got much profit and now I lost , But do not know the future, but digital asset is a good for our future.


Title: Re: your worst mistake
Post by: blockman on May 17, 2021, 08:04:41 PM
There are many mistakes in the first year and at the present. I got a coin in the beginning and sell only few 150 dollars, but after few months it will go to the moon like 10000 dollars.
Dude, you're not alone with such experiences because I've done that before and sold earlier and when I did it. After a couple of days or so, the price went up and I'm starting to feel the pain despite that I've got the profit when I've sold, I feel regret that I did earlier and why I didn't have waited a little bit longer so that I got more profits instead of the time that I've bought it. This mistake happens most of the time and it's very disappointing and changes our mood despite having the lil' profit that we've made.

Many times, I got profit and I lost my money, at the present, I got much profit and now I lost , But do not know the future, but digital asset is a good for our future.
Always priority to secure the profit. Even if the same scenario would come, you're prepared and going to be with your profit anyway.


Title: Re: your worst mistake
Post by: Kez1817 on May 17, 2021, 11:48:32 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

My worst experienced in the very beginning of my trading is that I have no patience and felt panic every time and always chasing to buy even the value is too high than my sell, which give me a huge losses. But I already learned and now I can manage my trading very well. Learning from your mistake is really helpful.


Title: Re: your worst mistake
Post by: fahmimajannat on May 18, 2021, 05:18:09 PM
Buying at a high price for over greediness.
Never buy while price is sp high or unusual.
First do some research Than analyse the price.
If its so high then its better not to invest.
So be carefull.


Title: Re: your worst mistake
Post by: MIner1448 on May 18, 2021, 06:01:27 PM
My biggest mistake at the beginning of my journey was trading in futures, I went to the telegram channel, where cryptans raise a lot of money in futures and then I immediately thought, why am I worse ?! And he started playing futures, well, in the end, he lost his deposit and immediately thought to win it back and threw it again and so on, it is a huge nonsense to enter futures without at least studying the concept of charts.


Title: Re: your worst mistake
Post by: sportclub2010 on May 20, 2021, 04:14:01 PM
Here, many users write early sold. On the contrary, I hold it until the crypt is depreciated. Now there is only one junk left in the wallets. Now I am studying, gaining experience. For me now the main thing is to sell on time.


Title: Re: your worst mistake
Post by: perfect999 on May 20, 2021, 06:51:39 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
That depends on what kind of mistake you mean, if it’s about trading , or about our investment in general. I have been scammed once, but that never happened again till now because I wised up immediately and I am not going to let it happen again. Then as for trading, I think one mistake  that I made as newbie was that I started trading when I haven’t had full understanding of how trading works.

So, it’s very important that anyone who wants to be a trader should learn everything from the start to finish, because if you don’t do that you’re only going to be putting yourself at risk of losing money in the market. That’s the only thing I have to say and I hope that you learn from that and good luck.


Title: Re: your worst mistake
Post by: South Park on May 20, 2021, 07:22:18 PM
Here, many users write early sold. On the contrary, I hold it until the crypt is depreciated. Now there is only one junk left in the wallets. Now I am studying, gaining experience. For me now the main thing is to sell on time.
You are at least on the right track, now the only thing you need to change is that if you are going to hold your coins for the long term only do it for coins that are any good, that way your chances of making a lot of money increase significantly and your risk decreases in the same proportion, altcoins outside the top 20 should never be held and instead should be actively traded, so if you do not know how to do that then you need to stay completely away from those coins.


Title: Re: your worst mistake
Post by: wayaneka on May 21, 2021, 03:02:47 AM
My mistake in trading that I did it many times is do not use stop loss and just believe the price will keep going up. Just like recent dumped in crypto market, I been loss about 50% because did not use stop loss. I should be change my mind, that no one crypto will going up forever even in this bull market, because there are always small or big correction before the price to go higher.


Title: Re: your worst mistake
Post by: judaspriest on May 21, 2021, 11:42:00 PM
My mistake in trading that I did it many times is do not use stop loss and just believe the price will keep going up. Just like recent dumped in crypto market, I been loss about 50% because did not use stop loss. I should be change my mind, that no one crypto will going up forever even in this bull market, because there are always small or big correction before the price to go higher.

you trade in the spot market or futures market? If you are in the spot market,
it's better to just hold and don't sell cheap if you forget to place a stop loss, if you trade in the futures market,
then SL must be installed if you don't want your losses to get bigger, at times like this, the future market is very risky, advice better avoid it


Title: Re: your worst mistake
Post by: Twinscoin2017 on May 22, 2021, 01:17:40 AM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
My worst mistake is that I never do holding for a long time i was a panic seller and i am afraid to gamble my time and capital in crypto. But from now on I learned from my mistakes and i am slowly changing my strategy and i am not afraid because I've experience a lot, learning crypto is really hard because it involves capital and time. Just keep going and never stop and when you have learned a lot earnings will follow.


Title: Re: your worst mistake
Post by: nowfall03 on May 22, 2021, 05:52:29 AM
I did was the point at which I froze sold. In the event that I'll summarize those mix-ups, it's difficult to acknowledge that the worth has risen and the sum is not, at this point a joke. I lost a significant piece of the capital that I contributed yet luckily for me it was a modest quantity contrasted with the remainder of my capital, anyway it is unquestionably my greatest misstep and from that point forward I have focused on being put resources into bitcoin and bitcoin just as I don't actually see the purpose of facing a challenge with different coins.


Title: Re: your worst mistake
Post by: conected on May 22, 2021, 02:31:03 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
My worst mistake is that I never do holding for a long time i was a panic seller and i am afraid to gamble my time and capital in crypto. But from now on I learned from my mistakes and i am slowly changing my strategy and i am not afraid because I've experience a lot, learning crypto is really hard because it involves capital and time. Just keep going and never stop and when you have learned a lot earnings will follow.
- According to what you said, your strategy has changed and long holding is becoming a priority because in the past, you were impatient with holding and failed but you're thinking about right and fix your mistakes or you are misinterpreting the cause of past failure. In this case, I feel the mistake is not your strategy, the mistake is your knowledge of crypto, knowing too little will make you panic quickly when you can't handle the bad situation, a lot of people who don't hold long-term still succeed in a very normal way, the strategy only works when we know where to apply it


Title: Re: your worst mistake
Post by: coiner-88 on May 22, 2021, 04:06:50 PM
I contributed yet luckily for me it was a modest quantity contrasted with the remainder of my capital, anyway it is doubtlessly my greatest mix-up and from that point forward I have focused on being put resources into bitcoin and bitcoin just as I don't actually see the purpose of facing a challenge with different coins. You will feel that you are futile and you can't exchange. These are the kinds of slip-ups that I used to do in the absolute first year of my exchanging.


Title: Re: your worst mistake
Post by: Natsuu on May 23, 2021, 10:16:55 AM
One of my biggest mistake in the crypto world is that I have invested in a shit coin, I invested $500 in a shitcoin of Yobit DLRS and lose all of it because it goes to zero, but actually, I already pull out my 25% of investment before it goes to zero, at first when I discovered that coin in Yobit it makes me so happy because it gives me 10% interest each day, so the first day is really good because the value of that coin goes only a little bit down, but then it goes down too quick maybe in 1 month it goes to dead coin, I am so down that time because of losing that money.

The mistake that you did, was done by many people, including me, because who is not interested in the offer that Yobit promised. But we forget that
the risk of investing in shit coins is very large, because at any time the price can drop very drastically. Because shit coins usually have low volume,
so if we sell it too late, it will be a very long time waiting for the price to rise again. Sometimes some shit coins become dead coins, and I have
experienced it several times, there are a few shit coins that I have until now I can't sell them. So my advice is that we should avoid investing
in shit coins, just choose to invest in popular coins with high volume.

Don't avoid it, Learn from your past mistakes and do something about it. As what you've said, shit-coins is high risk high reward kind of investment and it is for every shit coins out there. And as a trader, we are common to risks and failure, so instead of avoiding it, try to analyze the coins more, be more cautious about it and look for other factors such as looking for that coin here in the forum if it is gaining popularity.


Title: Re: your worst mistake
Post by: 2double0 on May 23, 2021, 10:54:26 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

Never follow an insane guy who owns a big company whose name starts with a 'T' and who likes to shill coins starting with a 'D'. The best advice you can take. Because after following this guy and believing his tweets, many people lost their hard earned savings which could have helped them survive the pandemic situation. It was only days when Elon was tweeting that Bitcoin is not energy efficient, then came China to pour more oil into the fire to inflame it to the next level which caused a serious crash.


Title: Re: your worst mistake
Post by: MCobian on May 23, 2021, 11:52:42 PM
~
The mistake that you did, was done by many people, including me, because who is not interested in the offer that Yobit promised. But we forget that
the risk of investing in shit coins is very large, because at any time the price can drop very drastically. Because shit coins usually have low volume,
so if we sell it too late, it will be a very long time waiting for the price to rise again. Sometimes some shit coins become dead coins, and I have
experienced it several times, there are a few shit coins that I have until now I can't sell them. So my advice is that we should avoid investing
in shit coins, just choose to invest in popular coins with high volume.
Don't avoid it, Learn from your past mistakes and do something about it. As what you've said, shit-coins is high risk high reward kind of investment and it is for every shit coins out there. And as a trader, we are common to risks and failure, so instead of avoiding it, try to analyze the coins more, be more cautious about it and look for other factors such as looking for that coin here in the forum if it is gaining popularity.

Thank you friends for the advice, even though I admit what you said is true. But for now I'm still a little traumatized buying some shitcoins,
even though we can make a large profit if we manage to buy shitcoins at the right time. Since the increase in shitcoins is usually very high,
so the profit generated can also be very large. But as we know the risk is very large, it takes courage and good analytical and research skills
to be able to buy and sell shitcoins at the right time. So I prefer to avoid investing in shitcoins for the time being.


Title: Re: your worst mistake
Post by: Xinarae* on May 24, 2021, 04:30:53 AM
My biggest mistake was when the price of currencies went up I didn't sell them now with bitcoin the prices of other currencies have started falling. But I don't think there is anything to be disappointed about people learn from mistakes and move on and correct the mistakes that follow if the market cannot be analyzed properly there will be risks. Before seeing this you have to learn to analyze the market by applying your own knowledge and intellect the mistakes of the past must be avoided.


Title: Re: your worst mistake
Post by: SquallLeonhart on May 24, 2021, 10:31:29 AM
The mistake that you did, was done by many people, including me, because who is not interested in the offer that Yobit promised. But we forget that the risk of investing in shit coins is very large, because at any time the price can drop very drastically. Because shit coins usually have low volume, so if we sell it too late, it will be a very long time waiting for the price to rise again. Sometimes some shit coins become dead coins, and I have
experienced it several times, there are a few shit coins that I have until now I can't sell them. So my advice is that we should avoid investing in shit coins, just choose to invest in popular coins with high volume.
What matters most is the fact that we learn from those kinds of mistakes and act responsibly after making that mistake. I have invested into a shitcoin in 2017 to 2018 era as well it was the height of ICO craze and at some point the idea of "invest into all ICO because even if 10 of them fails one of them will make you rich" was there and it made some sense at some point because it was right.

Eventually I lost a good chunk of it without earning anything, so it wasn't even just one mistake it was bunch of them hoping one of them would hit. This is why I do not invest to shitcoins that much anymore, I still do make investments to low cap coins but with like max 50 bucks at most, usually even less.


Title: Re: your worst mistake
Post by: Yamifoud on May 24, 2021, 01:33:19 PM
My biggest mistake was when the price of currencies went up I didn't sell them now with bitcoin the prices of other currencies have started falling. But I don't think there is anything to be disappointed about people learn from mistakes and move on and correct the mistakes that follow if the market cannot be analyzed properly there will be risks. Before seeing this you have to learn to analyze the market by applying your own knowledge and intellect the mistakes of the past must be avoided.
Committing mistakes is not a hindrance to success but it was a helping tool to help us in order to achieve our goal.
Because we believe that Bitcoin will continue to pump and we think holding is the best option. Nobody wants to lose but sometimes we have been brag by our greediness overly thinking that holding is always the best option to take but unfortunately, not always been helpful and yet, this is also the reason for our failure. But instead of thinking this so bad, we have to consider this as a part of our learning and we can't find if it is wrong or right if we don't experience it like this.


Title: Re: your worst mistake
Post by: Kopetunto on May 24, 2021, 03:59:35 PM
for myself because I am a trader, of course my worst mistake is when I bought Ethereum at the price of $ 4000 and until now I am still HOLD,
whether it will continue to decline or will it go up to new ath ?, I am still worried about this, to be honest I am hesitant to do CUT LOSE now.
because many people say that Ethereum will go to $ 10000 in the next year. how about this?


Title: Re: your worst mistake
Post by: Fredomago on May 24, 2021, 04:38:21 PM
-Snip-
Committing mistakes is not a hindrance to success but it was a helping tool to help us in order to achieve our goal.
Because we believe that Bitcoin will continue to pump and we think holding is the best option. Nobody wants to lose but sometimes we have been brag by our greediness overly thinking that holding is always the best option to take but unfortunately, not always been helpful and yet, this is also the reason for our failure. But instead of thinking this so bad, we have to consider this as a part of our learning and we can't find if it is wrong or right if we don't experience it like this.

If you  continue being positive even those mistakes can  convert as your inspirations to success, those things are part of your journey if you accumulates better understanding, you'll able to avoid doing the same thing but instead you'll be able to established better judgements and expect a better results with every decision-making that you'll going to make.

for myself because I am a trader, of course my worst mistake is when I bought Ethereum at the price of $ 4000 and until now I am still HOLD,
whether it will continue to decline or will it go up to new ath ?, I am still worried about this, to be honest I am hesitant to do CUT LOSE now.
because many people say that Ethereum will go to $ 10000 in the next year. how about this?

If you don't need the money that you spare to this coin, better not to do anything. You still have the same amunt of crypto

and once the market start to turned bullish again, who knows what will be the new high of this coin.


Title: Re: your worst mistake
Post by: Nrcewker on May 24, 2021, 04:50:07 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

Glad to know that someone asked this question.
So basically a newbie trader lacks knowledge at first and then don’t understand how the market works.
The first mistake that i had done was just panicking when the price of the coin which i was holding went down.
I panicked and sold it in low price and to my surprise, after 2-3 weeks the price suddenly blows up.
And one common mistake i have seen from other new traders is that on their first trades they invest big amounts and gradually make losses.
Hope you got some nice points from my story OP.
Will be happy to know about other people mistake’s too.


Title: Re: your worst mistake
Post by: Philipma1957cellphone on May 24, 2021, 05:10:44 PM
I had 1000000 doge at a cost of 2500 sold it for 55000.

I made good money  , but if I sold.it slower I easily could have got 300,000


Title: Re: your worst mistake
Post by: South Park on May 24, 2021, 05:29:57 PM
My mistake in trading that I did it many times is do not use stop loss and just believe the price will keep going up. Just like recent dumped in crypto market, I been loss about 50% because did not use stop loss. I should be change my mind, that no one crypto will going up forever even in this bull market, because there are always small or big correction before the price to go higher.
While it is a definitely a problem that you do not use a stop loss that is not your only problem, the market did not crashed 50% in an hour, it took a full week and yet you did not sold your coins, if you are a trader then you need to know when it is time to get out of the market and it seems that you failed at that, so it is imperative that you go back to the drawing board and begin to think why you did what you did and you change it before this happens to you again.


Title: Re: your worst mistake
Post by: Lanatsa on May 24, 2021, 08:59:13 PM
I had 1000000 doge at a cost of 2500 sold it for 55000.

I made good money  , but if I sold.it slower I easily could have got 300,000
Still considered as profit and theres no point for you to regret as long you do make out money then that what matter most.People do usually regret on if they do sell out early but to look back that
profit chances or opportunity doesn't really come often so be grateful with that.

Its not a mistake to sell out early because what if the price had dipped down after you have sell out?  For sure you would tell that you do make out the right decision or call in regards to that.

As long you do make sustain yourself in terms of profitability then don't mind into those losses that you are committing along the way as if those things are just normal.


Title: Re: your worst mistake
Post by: affandi on May 24, 2021, 11:37:39 PM
for myself because I am a trader, of course my worst mistake is when I bought Ethereum at the price of $ 4000 and until now I am still HOLD,
whether it will continue to decline or will it go up to new ath ?, I am still worried about this, to be honest I am hesitant to do CUT LOSE now.
because many people say that Ethereum will go to $ 10000 in the next year. how about this?
That is the importance of using stop losses for traders if there is a price decline and currently altcoin and bitcoin are experiencing a 50% price decline including ethereum, while ethereum itself has good long-term prospects, where the technology is still developing, my advice is to keep holding.

not financial advice


Title: Re: your worst mistake
Post by: Christelle92 on May 24, 2021, 11:41:32 PM
My worst mistake in the crypto trading is that I am a little bit impatient, so if anything happens in the market I sell all my holdings immediately. I lost a lot of money because of this bad behaviour unfortunately. but I am trying now to work on myself, to be more patient, and to not be afraid of FUD or bear market, thanks.


Title: Re: your worst mistake
Post by: xSkylarx on May 25, 2021, 05:41:40 AM
My worst mistake and most probably newbies also experience this is I let myself become affected when fuds are spreading and causes a market crash that I panic sell my holdings at loss. This mistake is the one newbies now should avoid now. Market will not always go down, time will come and it will start to recover again. People that know crypto since 2017 know this. It is ok to sell your holdings if you know the bottom of the crash and know what price you will buy.


Title: Re: your worst mistake
Post by: Smitty Werben Man Jensen on May 25, 2021, 06:20:13 AM
Every beginner who is new to the world of crypto, especially crypto trading then it will experience failure due to some mistakes.
Not just you, but it happens to all beginner traders including me.
The more you have flying hours, the more you have strategies to minimize losses. But at least to become a crypto trader then,
we have to be prepared to lose.
Right I think it is a natural thing for beginners themselves and failure is part of the experience,
yes the more our experience will certainly affect the decisions we will make,
the most important thing is to stay enthusiastic and keep learning


Title: Re: your worst mistake
Post by: Philipma1957cellphone on May 25, 2021, 12:22:56 PM
I had 1000000 doge at a cost of 2500 sold it for 55000.

I made good money  , but if I sold.it slower I easily could have got 300,000
Still considered as profit and theres no point for you to regret as long you do make out money then that what matter most.People do usually regret on if they do sell out early but to look back that
profit chances or opportunity doesn't really come often so be grateful with that.

Its not a mistake to sell out early because what if the price had dipped down after you have sell out?  For sure you would tell that you do make out the right decision or call in regards to that.

As long you do make sustain yourself in terms of profitability then don't mind into those losses that you are committing along the way as if those things are just normal.

That is true I also purchased a lot of gpus with that money.
The GPUs earned more money and still earn money so likely the
55k will be 95k by the end of the year. It will still earn for years to come


Title: Re: your worst mistake
Post by: MCobian on May 26, 2021, 12:01:45 PM
The mistake that you did, was done by many people, including me, because who is not interested in the offer that Yobit promised. But we forget that the risk of investing in shit coins is very large, because at any time the price can drop very drastically. Because shit coins usually have low volume, so if we sell it too late, it will be a very long time waiting for the price to rise again. Sometimes some shit coins become dead coins, and I have
experienced it several times, there are a few shit coins that I have until now I can't sell them. So my advice is that we should avoid investing in shit coins, just choose to invest in popular coins with high volume.
What matters most is the fact that we learn from those kinds of mistakes and act responsibly after making that mistake. I have invested into a shitcoin in 2017 to 2018 era as well it was the height of ICO craze and at some point the idea of "invest into all ICO because even if 10 of them fails one of them will make you rich" was there and it made some sense at some point because it was right.

Eventually I lost a good chunk of it without earning anything, so it wasn't even just one mistake it was bunch of them hoping one of them would hit. This is why I do not invest to shitcoins that much anymore, I still do make investments to low cap coins but with like max 50 bucks at most, usually even less.

I can understand how you feel when investing in many ICOs and then losing a lot of money, I have also had that terrible time. Even now, I don't even
dare to invest in shitcoins anymore, I still can't forget the trauma of the losses I experienced. I am quite amazed at those of you who still dare to invest
in coins with a low cap, even though the capital you use is not large. Still, if we experience a loss, it still hurts, but I hope you will succeed with investing
in the coins of your choice.


Title: Re: your worst mistake
Post by: kesmex on May 26, 2021, 12:25:20 PM
The mistake that you did, was done by many people, including me, because who is not interested in the offer that Yobit promised. But we forget that the risk of investing in shit coins is very large, because at any time the price can drop very drastically. Because shit coins usually have low volume, so if we sell it too late, it will be a very long time waiting for the price to rise again. Sometimes some shit coins become dead coins, and I have
experienced it several times, there are a few shit coins that I have until now I can't sell them. So my advice is that we should avoid investing in shit coins, just choose to invest in popular coins with high volume.
What matters most is the fact that we learn from those kinds of mistakes and act responsibly after making that mistake. I have invested into a shitcoin in 2017 to 2018 era as well it was the height of ICO craze and at some point the idea of "invest into all ICO because even if 10 of them fails one of them will make you rich" was there and it made some sense at some point because it was right.

Eventually I lost a good chunk of it without earning anything, so it wasn't even just one mistake it was bunch of them hoping one of them would hit. This is why I do not invest to shitcoins that much anymore, I still do make investments to low cap coins but with like max 50 bucks at most, usually even less.

I can understand how you feel when investing in many ICOs and then losing a lot of money, I have also had that terrible time. Even now, I don't even
dare to invest in shitcoins anymore, I still can't forget the trauma of the losses I experienced. I am quite amazed at those of you who still dare to invest
in coins with a low cap, even though the capital you use is not large. Still, if we experience a loss, it still hurts, but I hope you will succeed with investing
in the coins of your choice.

I am sure that when investing, almost everyone has experienced losing a lot of money,
and indeed it is a bitter experience and not everyone can dare to invest in shticoin anymore,
behind this bitter experience, I'm sure it can be used as a lesson for the future


Title: Re: your worst mistake
Post by: Mauser on May 26, 2021, 12:42:33 PM
My biggest trading mistake was with stocks back in 2008, right before the financial crisis I invested into a local bank which seemed a bit undervalued in my opinion. At first it looked like a really nice trade, but within 6 month the financial happened and all bank stocks collapsed. I think I lost like 50% of my money in 2008, which was already terrible. But then the news got out that my bank invested heavily in American mortgages and was close to collapse. In the end the government had to save the bank in 2009 and the stocks got consolidated, for every 10 old stocks I got 1 new stocks. So in the first year I lost 50% and in the second year 90%. Even today after more than 10 years I am still 80% in the red.


Title: Re: your worst mistake
Post by: SystemTrader on May 26, 2021, 02:39:13 PM
Without proper backtesting-papertrading and money&risk management, just jumping on the trade. Also valuing other people's ideas and advices more than my own research and ideas.


Title: Re: your worst mistake
Post by: chikading2016 on May 26, 2021, 07:54:29 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
My worst mistakes is not holding btc in long term, i was easily become afraid when price drop and sell everything emediately in short I am a panic sellers before and that was my big mistakes, after i loss so many profut I realize how important patience is, it only I have a big patience i can maybe get a big profit but it is really hard to hold when crypto is on dip fear is always there so for now I am trying to control may emotion to avoid losses.


Title: Re: your worst mistake
Post by: kesmex on May 27, 2021, 08:27:36 AM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
My worst mistakes is not holding btc in long term, i was easily become afraid when price drop and sell everything emediately in short I am a panic sellers before and that was my big mistakes, after i loss so many profut I realize how important patience is, it only I have a big patience i can maybe get a big profit but it is really hard to hold when crypto is on dip fear is always there so for now I am trying to control may emotion to avoid losses.
You must be able to control yourself more because the panic or fear comes from ourselves,
You can also learn from that experience because for me it is much more effective,
What is clear is that we all feel panic when bitcoin goes down and for me it's normal as long as we don't panic


Title: Re: your worst mistake
Post by: zanezane on May 27, 2021, 10:46:02 AM
Without proper backtesting-papertrading and money&risk management, just jumping on the trade. Also valuing other people's ideas and advices more than my own research and ideas.
Paper trading is the most helpful in my opinion because you gain the much needed experience to trade without the added risk of losing real money. I think my biggest mistake is I didn't enter the market really early.


Title: Re: your worst mistake
Post by: Pamadar on May 27, 2021, 10:53:46 AM
Without proper backtesting-papertrading and money&risk management, just jumping on the trade. Also valuing other people's ideas and advices more than my own research and ideas.
Paper trading is the most helpful in my opinion because you gain the much needed experience to trade without the added risk of losing real money. I think my biggest mistake is I didn't enter the market really early.

Learning things deeper before investing huge amount of money into this business.

It helps a lot when you are preparing yourself, using virtual account and practice everything before dealing with it using your real balance, the

more you understand the market the more chances you are bringing to your investment, A very common mistake that most if not all traders has been done while working into this venue of investment..


Title: Re: your worst mistake
Post by: andriarto on May 27, 2021, 01:58:19 PM
Without proper backtesting-papertrading and money&risk management, just jumping on the trade. Also valuing other people's ideas and advices more than my own research and ideas.
Paper trading is the most helpful in my opinion because you gain the much needed experience to trade without the added risk of losing real money. I think my biggest mistake is I didn't enter the market really early.

Learning things deeper before investing huge amount of money into this business.

It helps a lot when you are preparing yourself, using virtual account and practice everything before dealing with it using your real balance, the

more you understand the market the more chances you are bringing to your investment, A very common mistake that most if not all traders has been done while working into this venue of investment..
to understand the market we are required to practice doing transactions often so that we will experience problems and success in every transaction. that way we can evaluate both of them, so that over time we become more adept at trading. and we must be able to enjoy the process, because every professional trader would have done the same thing before


Title: Re: your worst mistake
Post by: dezoel on May 27, 2021, 07:26:34 PM
Honestly I was not sure what's going to happen with bitcoin during this down, and I bought only a bit at around 33-34 levels and I could have bought maybe a bit more, I didn't have any money but I KNEW that it would go up, that's why I bought only tiny bit because that's all I had but if I knew that it would go up, I could have found money some other way, get a loan or something, ask your friends if you have to, there could have been a lot better.

However that's obviously not my biggest regret, I have been in crypto for 8 years and that means if I invested all in back in the day at the 64k peak I would have been richer than kings, I would have the chance to actually spend 5 million dollars on useless stuff and still would have 5 million more to retire, that's how much I would have owned by now.


Title: Re: your worst mistake
Post by: South Park on May 28, 2021, 05:14:22 PM
Every beginner who is new to the world of crypto, especially crypto trading then it will experience failure due to some mistakes.
Not just you, but it happens to all beginner traders including me.
The more you have flying hours, the more you have strategies to minimize losses. But at least to become a crypto trader then,
we have to be prepared to lose.
It is true that everyone makes mistakes at the beginning of their trading careers, that is inevitable but at the same time the number and the magnitude of those mistakes is going to change depending on your level of knowledge when you begin to form part of this market, the newbies that did not took the time to make any research about this market will suffer a lot more than those that know a few trading strategies and understand the nature of the market and its purpose.


Title: Re: your worst mistake
Post by: MCobian on May 28, 2021, 07:02:36 PM
I can understand how you feel when investing in many ICOs and then losing a lot of money, I have also had that terrible time. Even now, I don't even
dare to invest in shitcoins anymore, I still can't forget the trauma of the losses I experienced. I am quite amazed at those of you who still dare to invest
in coins with a low cap, even though the capital you use is not large. Still, if we experience a loss, it still hurts, but I hope you will succeed with investing
in the coins of your choice.
I am sure that when investing, almost everyone has experienced losing a lot of money,
and indeed it is a bitter experience and not everyone can dare to invest in shticoin anymore,
behind this bitter experience, I'm sure it can be used as a lesson for the future

The bitter experience in investing crypto and resulting in losing a lot of money is indeed something that is difficult to avoid in the crypto world.
We can make this bitter experience a lesson not to make the same mistakes when investing in crypto, because successful investors must be able
to learn from every bitter experience they have ever experienced. Usually someone would not believe investing in shitcoins is a bad choice,
before experiencing it for themselves.



Title: Re: your worst mistake
Post by: zanezane on May 29, 2021, 10:47:40 AM
~
Learning things deeper before investing huge amount of money into this business.

It helps a lot when you are preparing yourself, using virtual account and practice everything before dealing with it using your real balance, the

more you understand the market the more chances you are bringing to your investment, A very common mistake that most if not all traders has been done while working into this venue of investment..
Good things I have learn this things that you have said when I enter the market with my friends giving advice what to do to not fuck up my first time. I do agree with the last part, practice trading helps a lot to ready yourself for the real thing.


Title: Re: your worst mistake
Post by: milewilda on June 02, 2021, 09:11:05 PM
I think my worst mistake is try to become a day trader. I have many winning trading, but for 1-2 fail trade with over leverage, all my funds gone. It's really hard to comeback from that mistake and i have been stressful many days.  :-\
Majority that do end up on doing leverage specially on higher number will surely be wrecked in the end of the line.Lots are just really too impatient on making big profits and thats why they do end up with this option without realizing on the risk involved with leverage trading until they do realized that
its already too late. Due to greed and other common reasons then mistakes like this are really that not rare. When it comes to mistake counts
then i do have lots and i wont really be mentioning it 1 by 1. Thing here is that you do learn up into those mistakes which would really make you as a
better investor.


Title: Re: your worst mistake
Post by: South Park on June 02, 2021, 11:00:17 PM
I think my worst mistake is try to become a day trader. I have many winning trading, but for 1-2 fail trade with over leverage, all my funds gone. It's really hard to comeback from that mistake and i have been stressful many days.  :-\
This is understandable as day trading is the hardest way to make money in the markets especially if you are using leverage and the market turns against you, I just hope that you have learned your lesson, if just one or two trades are enough to wipe out your capital then the risk that you were taking was too high, in my opinion if your capital cannot resist 20 losses in a row there is no point in becoming a trader as sooner or later you will lose all your money.


Title: Re: your worst mistake
Post by: Ziskinberg on June 02, 2021, 11:22:49 PM
I think my worst mistake is try to become a day trader. I have many winning trading, but for 1-2 fail trade with over leverage, all my funds gone. It's really hard to comeback from that mistake and i have been stressful many days.  :-\
This is understandable as day trading is the hardest way to make money in the markets especially if you are using leverage and the market turns against you, I just hope that you have learned your lesson, if just one or two trades are enough to wipe out your capital then the risk that you were taking was too high, in my opinion if your capital cannot resist 20 losses in a row there is no point in becoming a trader as sooner or later you will lose all your money.

Trading is not for everyone and we have to understand this.

And if we can see that we are consistently losing, this means that this is not the right place for us. Some people may say quitting is just like giving up, maybe it was but there no sense at all if we saw that the results are still the same. We don't want to lose our hard work money and so there is no reason why we should have to force ourselves knowing that there is no chance.


Title: Re: your worst mistake
Post by: South Park on June 06, 2021, 11:01:36 PM
I think my worst mistake is try to become a day trader. I have many winning trading, but for 1-2 fail trade with over leverage, all my funds gone. It's really hard to comeback from that mistake and i have been stressful many days.  :-\
This is understandable as day trading is the hardest way to make money in the markets especially if you are using leverage and the market turns against you, I just hope that you have learned your lesson, if just one or two trades are enough to wipe out your capital then the risk that you were taking was too high, in my opinion if your capital cannot resist 20 losses in a row there is no point in becoming a trader as sooner or later you will lose all your money.

Trading is not for everyone and we have to understand this.

And if we can see that we are consistently losing, this means that this is not the right place for us. Some people may say quitting is just like giving up, maybe it was but there no sense at all if we saw that the results are still the same. We don't want to lose our hard work money and so there is no reason why we should have to force ourselves knowing that there is no chance.
I agree with this, in this day and age many people think that everyone can do everything and this is simply not true, there are some people that simply do not have what it is necessary to become a good trader and if they recognize this then there is nothing wrong with leaving the market and use their time more productively, however I think there are many people that do in fact have what it is necessary to become good traders but they squander their talents by their desire to get profits in an extremely quick manner.


Title: Re: your worst mistake
Post by: Cryptopher on June 08, 2021, 10:38:53 PM
Getting into cryptocurrencies. Haven't had a decent night sleep since 2013 haha. Nah, probably my worst mistake was not holding my Bitcoin and Litecoin stash from 2014/2015 - would have been able to retire!


Title: Re: your worst mistake
Post by: CapGelatik on June 08, 2021, 11:18:15 PM
recently i made a big mistake in my crypto life, yes i lost $1000 in futures trading on binance,
i am now really frustrated with this loss, and i'm tired of playing futures again, really sucks,
How? should i be able to hold this emotion mate?, seeing my balance going to 0 on binance makes my heart hurt even more,


Title: Re: your worst mistake
Post by: slaman29 on June 09, 2021, 07:15:23 AM
recently i made a big mistake in my crypto life, yes i lost $1000 in futures trading on binance,
i am now really frustrated with this loss, and i'm tired of playing futures again, really sucks,
How? should i be able to hold this emotion mate?, seeing my balance going to 0 on binance makes my heart hurt even more,

The clue here is in the way you view trading. Playing futures means you treated it like gambling, where we all know the eventual outcome for that is entire loss.

Trading with stop losses prevents you from losing your entire capital and if that even causes you to bust then you at least know trading's not for you.

Take my tip: trading is not for most people.


Title: Re: your worst mistake
Post by: South Park on June 10, 2021, 09:33:33 PM
My biggest mistake 3years ago is investing in projects without any research and many of them died with time. With a bit of research, I could have done so well since I was in good time to invest in crypto.
This is the common mistakes of every beginner, I also invested almost $500 before in a project token without doing any research about it and end up losing it all, I also invested in a scam investment website that offers to double your money for just one day and just end up also being scammed. Hoping that beginners wouldn't do the same, they can avoid these things if they will do research first before engaging in it.
Newbies could avoid making those elementary mistakes but most of them do not because they do not have a realistic view of the markets, it seems they do not understand this is a competition and if they happen to earn some money then someone else has to lose which means that there needs to be more losers than winners, but for some reason they think that by just entering the market they are owed profits and nothing could be further from the truth.


Title: Re: your worst mistake
Post by: lalabotax on June 10, 2021, 10:08:25 PM
You should be a professional trader here because have been trading for several years. I hope that you can share your best strategies to be done in trading here. So it will be more contributive.
About the worst experience in trading, I think that it is about being greedy and panic at once. We should have the target to buy and sell our assets. But sometimes I feel like the price will gi higher and higher again. And this is too late to sell because the price, in fact, drops a very lot. And when the price continues to drop, we panic and sell.


Title: Re: your worst mistake
Post by: newdevices on June 10, 2021, 11:02:40 PM
You should be a professional trader here because have been trading for several years. I hope that you can share your best strategies to be done in trading here. So it will be more contributive.
About the worst experience in trading, I think that it is about being greedy and panic at once. We should have the target to buy and sell our assets. But sometimes I feel like the price will gi higher and higher again. And this is too late to sell because the price, in fact, drops a very lot. And when the price continues to drop, we panic and sell.
You don't have to be a professional trader if you want to survive the cruel trading of the crypto world,
many say that the crypto world is not suitable for a new trader, that's not true, because if a new trader wants to learn and control greed,
I guarantee that person can make a profit, although volatility is high if you are able to master TA then volatility is just a wave


Title: Re: your worst mistake
Post by: Ebede on June 11, 2021, 08:36:27 AM
My worst mistake was trading without setting SL. I was monitoring my trade not until my phone went off. I took my power bank, someone has drained it without my consent. And I was not ahome. Before I could power my phone and log in, I have ran into high digits losses 😭😭😭😭. The day was dawn on my side and the night came again.


Title: Re: your worst mistake
Post by: Smitty Werben Man Jensen on June 11, 2021, 09:26:32 AM
My worst mistake was being greedy all the time I managed to have a lot of money but since I'm too greedy I ended up losing much more just like gambling if you are too greedy you will just lost everything. I learned that you should be happy no matter how small or big your profit was the important thing is that you earned profit and stop being greedy.
Your experience can certainly be taken as a lesson so that in the future you will not repeat the same mistakes.
indeed to control ourselves is not an easy job and it requires our own awareness,
what is clear is that these mistakes are natural and part of the learning process to make the future better


Title: Re: your worst mistake
Post by: Lanatsa on June 11, 2021, 12:39:35 PM
My worst mistake was being greedy all the time I managed to have a lot of money but since I'm too greedy I ended up losing much more just like gambling if you are too greedy you will just lost everything. I learned that you should be happy no matter how small or big your profit was the important thing is that you earned profit and stop being greedy.
Your experience can certainly be taken as a lesson so that in the future you will not repeat the same mistakes.
indeed to control ourselves is not an easy job and it requires our own awareness,
what is clear is that these mistakes are natural and part of the learning process to make the future better
To think that theres no such thing about perfect trading or perfect investment on where you cant really experience such loss specially if we are just starting up then
its just normal to have some losses and it is indeed a stepping stone for you to become a better trader or investor.

Some are really just too emotional on where they do easily quit when they experience several losses or failures without even thinking that this is just part of the process.

You wont really be making yourself better or good if you dont accept these things because these are the factors on where it could really mold you as a better and more wiser as you do gain experience.


Title: Re: your worst mistake
Post by: South Park on June 15, 2021, 03:13:46 PM
You should be a professional trader here because have been trading for several years. I hope that you can share your best strategies to be done in trading here. So it will be more contributive.
About the worst experience in trading, I think that it is about being greedy and panic at once. We should have the target to buy and sell our assets. But sometimes I feel like the price will gi higher and higher again. And this is too late to sell because the price, in fact, drops a very lot. And when the price continues to drop, we panic and sell.
You don't have to be a professional trader if you want to survive the cruel trading of the crypto world,
many say that the crypto world is not suitable for a new trader, that's not true, because if a new trader wants to learn and control greed,
I guarantee that person can make a profit, although volatility is high if you are able to master TA then volatility is just a wave
To me the days in which you could obtain huge profits with the most basic knowledge of the markets are over, institutional investors are coming to the market and while we are hearing mostly of those that are investing billions of dollars it is obvious there are many more investors that are putting in the market smaller amounts but that are experts when it comes to trading and you are not going to beat them as easily as you could the inexpert traders that were here years ago.


Title: Re: your worst mistake
Post by: jasonjm on June 15, 2021, 06:28:59 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

My worst mistake was not selling tokens when they were at ATH just because I have enough money for my expenses and I was like, why do I need to exchange the coins into BTC of i don t need money.


Title: Re: your worst mistake
Post by: Fatunad on June 15, 2021, 07:29:32 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

My worst mistake was not selling tokens when they were at ATH just because I have enough money for my expenses and I was like, why do I need to exchange the coins into BTC of i don t need money.
Same thoughts i mind into those times where 2017 bull run happen on where most of the Alts ive been holding do make out some pumps and eventually i didnt convert them to bitcoin and just let them be as they grow on where i do believe that it would be continuous and since i do still have money to spend on and money that can be used on buying the things i do like then thats the time i dont really care much about securing profits until one day where bear
market happens which those moments do really give me out some nightmare and keep regretting that i should have secure those profits while i still can.


Title: Re: your worst mistake
Post by: blockman on June 15, 2021, 08:37:13 PM
My worst mistake was not selling tokens when they were at ATH just because I have enough money for my expenses and I was like, why do I need to exchange the coins into BTC of i don t need money.
I felt you. I've done that before and thought that the ATH of those tokens that I've held will last long but they didn't. That's why I'm always checking out the prices of those tokens that I've missed selling if they're back to a good price but to no avail. It's hard to see them go back again at those prices and I just have to give up checking on them and start focusing on checking the price of bitcoin it's better to have my focus on it rather than those missed ATHs for the altcoins that I've been holding. Lessons were finally learned and that's life. When we see the coins that we hold are in profit, don't hesitate to sell them.


Title: Re: your worst mistake
Post by: mckinleeanael07 on June 15, 2021, 11:23:49 PM
The biggest mistake in my trading life is buying the top and selling the bottom, lack of knowledge in capital management, maybe time will teach us how to manage capital and grasp the trend of money flow in the market Crypto.


Title: Re: your worst mistake
Post by: NicNacCoin on June 15, 2021, 11:54:33 PM
The biggest mistake in my trading life is buying the top and selling the bottom, lack of knowledge in capital management, maybe time will teach us how to manage capital and grasp the trend of money flow in the market Crypto.
Hey mate, I have a lots of cryptocurrencies trading knowledge but I had mistake with my trading. I sold 130 Binance coin with 19 USDT per bnb. But I don't know anything about altcoins halving before my sold. I don't forget my regrets never.


Title: Re: your worst mistake
Post by: LimLims on June 16, 2021, 07:33:21 AM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

The worst mistake many newbies including me makes while starting trading is investing a large sum of money.
In beginning we lack knowledge and most importantly experience but still we invest a huge amount of money, so gradually we make losses.
This mistake is done by almost 90% of the newbies.
Rather at first we should understand the market first , gain some quick knowledge and increase our experience by investing small money.
Still though i have traded many times, so i have quite a good experience in trading and recovered my earlier losses.


Title: Re: your worst mistake
Post by: Mpamaegbu on June 16, 2021, 08:12:26 AM
This is the common mistakes of every beginner, I also invested almost $500 before in a project token without doing any research about it and end up losing it all, I also invested in a scam investment website that offers to double your money for just one day and just end up also being scammed. Hoping that beginners wouldn't do the same, they can avoid these things if they will do research first before engaging in it.
I don't know if the current newbies will have an idea of what doubling sites/doublers are as I don't think they exist anymore. Doublers were prevalent pre-2017. I also fell victim in 2017 as a noob in this industry. The site baited me by returning my investment with the doubled amount the first time. I felt I had hit a goldmine. I started getting lots of ideas what I could do with multiplied investments batch after batch. Lol... You know, like counting one's chicks before they're actually hatched. So, I went in again. That was the last I heard from them. My cash just left me for good. I think I invested around 0.005 the first time and 0.01 was returned to me before I went in full the second time. That was in 2017, around the period senior member ranked campaigns paid 0.012btc to 0.018btc. So, the lost amount wasn't such a big deal then. Now, that would be a great deal of cash.


Title: Re: your worst mistake
Post by: feelideb on June 16, 2021, 08:38:08 AM
For me, mistake is just a learning opportunity and experience they say , is the best teacher! The thing about cryptocurrency is that today's situation and experience  may not be useful or appropriate for tommorows's market situatiom! Things are always moving fast and evolving in cryptocurrency! So, todays' mistakes may be nothing compare to tommorow's  mistake! But no experience is a waste!


Title: Re: your worst mistake
Post by: Pamadar on June 16, 2021, 02:05:20 PM
For me, mistake is just a learning opportunity and experience they say , is the best teacher! The thing about cryptocurrency is that today's situation and experience  may not be useful or appropriate for tommorows's market situatiom! Things are always moving fast and evolving in cryptocurrency! So, todays' mistakes may be nothing compare to tommorow's  mistake! But no experience is a waste!

Perfectly said, no mistake be wasted it should treat as learning experienced,

You just needed to work it out to favor you with your next attempts, traders that have good mentality always find good things in each trades that they've done, even they experienced losing place they see opportunities not to do it again but to improve their next decision-making.


Title: Re: your worst mistake
Post by: sarmrakib on June 16, 2021, 03:05:13 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
Good to see you are here and focusing into the trading .Trading is always a tough way to earn .I think i never did any mistake from the beginning of my trading life but i have some bad experienced that i was selling my valuable coin after getting a few profit .That was actually my mistake i didn't able to select the right time to sell .However i did many lesson on that and now i am well experienced to take my profit .


Title: Re: your worst mistake
Post by: sr32703 on June 17, 2021, 06:09:14 PM
Thanks to create this great post for knowing all of experienced opinion. Everyone makes one mistake for their trading life because maximum trader Don't identify their actual existing time so fir being a good trade must be gathered more knowledge.


Title: Re: your worst mistake
Post by: Renampun on June 19, 2021, 01:28:17 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
The worst mistake I first experienced was buying during FOMO and then cutting loss when the market was bear...

trading when still a newbie is very hard, entering the market without a mentor and skill is really frustrating. At that time I really didn't have good patience, so selling based on feelings without analysis. that's my worst mistake ever.


Title: Re: your worst mistake
Post by: GeorgeJohn on June 19, 2021, 01:54:19 PM


The worse mistake I did from the very beginning is relying all on trading. Because you know not all the time that you win all your position in the market and sometimes there are just coins you just want to hold especially when you got in early where its prices is very cheap. So don't just rely on the earnings you make in trading. Get a job while you also have the chance to keep trading.
Relying on trading as a source of income especially as a newbie always have negative impact. The emotional trauma that is attached to it, if trades that is taken are not really giving positive outcome is psychological with bigger effect which can affect the way one trades.
Alots of successful traders also had  passed through this tragedy which had really contributed to their growth and experience. Trading has so many forms of getting things done whether quick or slow. This is why reading about the success stories of great traders is important to avoid cheap and unnecessary mistakes.


Title: Re: your worst mistake
Post by: South Park on June 19, 2021, 04:41:35 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

The worst mistake many newbies including me makes while starting trading is investing a large sum of money.
In beginning we lack knowledge and most importantly experience but still we invest a huge amount of money, so gradually we make losses.
This mistake is done by almost 90% of the newbies.
Rather at first we should understand the market first , gain some quick knowledge and increase our experience by investing small money.
Still though i have traded many times, so i have quite a good experience in trading and recovered my earlier losses.
And this mistake happens so often because of yet another mistake that newbies make, and that is believing that making money in the markets is easy, we know this is not the case but for newbies the markets seems so simple, you only need to buy for a low price and then sell for a high price, what could be easier than that? And they do not know that the answer to that is almost everything, as trading is incredibly hard and it has a very low success rate.


Title: Re: your worst mistake
Post by: Oilacris on June 19, 2021, 06:47:38 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

The worst mistake many newbies including me makes while starting trading is investing a large sum of money.
In beginning we lack knowledge and most importantly experience but still we invest a huge amount of money, so gradually we make losses.
This mistake is done by almost 90% of the newbies.
Rather at first we should understand the market first , gain some quick knowledge and increase our experience by investing small money.
Still though i have traded many times, so i have quite a good experience in trading and recovered my earlier losses.
And this mistake happens so often because of yet another mistake that newbies make, and that is believing that making money in the markets is easy, we know this is not the case but for newbies the markets seems so simple, you only need to buy for a low price and then sell for a high price, what could be easier than that? And they do not know that the answer to that is almost everything, as trading is incredibly hard and it has a very low success rate.
Easy on words but would really be hard to be done even with the basics of the basics where buying low and sell high seems pretty simple

but when you are on the situation then this is where shit happens.You wouldnt even know on what to do because you hadnt expect that the price was moving way too unpredictable.

Expect the unexpected because the market wont really be that good for you from time to time and this is what make its more hard
but once you do have a good grasp on it then its really rewarding though.


Title: Re: your worst mistake
Post by: newdevices on June 19, 2021, 09:25:44 PM
my worst mistake recently is happening, i actually lost my $1000 on binance because i played futures trading,
i'm totally crazy for a few days, i can't sleep, does anyone have the same experience as me?,
because $1000 is my hard work result money and it's gone in an instant, sadly


Title: Re: your worst mistake
Post by: kapalmabur on June 20, 2021, 07:47:10 AM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

The worst mistake many newbies including me makes while starting trading is investing a large sum of money.
In beginning we lack knowledge and most importantly experience but still we invest a huge amount of money, so gradually we make losses.
This mistake is done by almost 90% of the newbies.
Rather at first we should understand the market first , gain some quick knowledge and increase our experience by investing small money.
Still though i have traded many times, so i have quite a good experience in trading and recovered my earlier losses.
And this mistake happens so often because of yet another mistake that newbies make, and that is believing that making money in the markets is easy, we know this is not the case but for newbies the markets seems so simple, you only need to buy for a low price and then sell for a high price, what could be easier than that? And they do not know that the answer to that is almost everything, as trading is incredibly hard and it has a very low success rate.
Many people or even beginners see trading as easy and I think that's a big mistake,
because if we jump right into the trade we can know that it's not easy,
Trading is very complex and it requires strategy and we also need to analyze the market


Title: Re: your worst mistake
Post by: Hamphser on June 20, 2021, 04:21:41 PM
My worst mistake was that I didnot hold for a long time in crypto, and then I faced a lot of loss. In crypto, we need not to panic, if the price of any coin goes down, if we panic and suddenly sale the coin in case of price going down, we might loss many dollars, so we just need to hold the coins, as in crypto HOLD IS GOLD  ;) ;)
Not all the time because not all coins would really be growing in ahead of years to come so it do still matters on what coins you've been holding neither its a good one or still totally shit.

Holding too much does have its own con's too like missing out chances on selling on the right time as the coin didnt never ever increased its price after such correction.

We do have lots of mistakes in crypto investment but doesnt mean that it is already over.We can still start over and rebuilt up on what we had missed.


Title: Re: your worst mistake
Post by: South Park on June 23, 2021, 04:56:01 PM
my worst mistake recently is happening, i actually lost my $1000 on binance because i played futures trading,
i'm totally crazy for a few days, i can't sleep, does anyone have the same experience as me?,
because $1000 is my hard work result money and it's gone in an instant, sadly
What is done is done, you cannot change what happened so you need to calm down and try to relax, if that was not all your capital then you need to stop now before you do something bad and then you lose the rest of it, you need to stay away completely from trading for some time, probably a month is a good idea, then after that time has passed you need to analyze what went wrong and then take a few months to study the markets if you are interested in doing this again.


Title: Re: your worst mistake
Post by: Benefactor on June 24, 2021, 03:41:00 PM
I was extremely anxious and can not hold any coin, Thus I have lost the shot at getting some great benefit. Another most exceedingly terrible error that I did was the point at which I froze sold. On the off chance that I'll summarize those slip-ups, it's difficult to acknowledge that the worth has risen and the sum is not, at this point a joke.


Title: Re: your worst mistake
Post by: kapalmabur on June 24, 2021, 04:12:02 PM
my worst mistake recently is happening, i actually lost my $1000 on binance because i played futures trading,
i'm totally crazy for a few days, i can't sleep, does anyone have the same experience as me?,
because $1000 is my hard work result money and it's gone in an instant, sadly
What is done is done, you cannot change what happened so you need to calm down and try to relax, if that was not all your capital then you need to stop now before you do something bad and then you lose the rest of it, you need to stay away completely from trading for some time, probably a month is a good idea, then after that time has passed you need to analyze what went wrong and then take a few months to study the markets if you are interested in doing this again.
By staying away from trading for a while I think that's good advice,
because with this bad experience, it certainly makes us psychologically disturbed and of course if we remain determined to trade, we will most likely be affected,
so it's better to rest first and evaluate what was wrong at that time and hopefully in the future it won't repeat the same mistake


Title: Re: your worst mistake
Post by: conected on June 24, 2021, 05:33:14 PM
my worst mistake recently is happening, i actually lost my $1000 on binance because i played futures trading,
i'm totally crazy for a few days, i can't sleep, does anyone have the same experience as me?,
because $1000 is my hard work result money and it's gone in an instant, sadly
What is done is done, you cannot change what happened so you need to calm down and try to relax, if that was not all your capital then you need to stop now before you do something bad and then you lose the rest of it, you need to stay away completely from trading for some time, probably a month is a good idea, then after that time has passed you need to analyze what went wrong and then take a few months to study the markets if you are interested in doing this again.
By staying away from trading for a while I think that's good advice,
because with this bad experience, it certainly makes us psychologically disturbed and of course if we remain determined to trade, we will most likely be affected,
so it's better to rest first and evaluate what was wrong at that time and hopefully in the future it won't repeat the same mistake
- A step down to temper turbulent emotions is the right thing to do in a bad situation but the premise is that we don't get into futures contracts because in futures trading, a few distractions are enough to change us into gamblers, the way we can regulate emotions is very limited, failure can cause us to increase and cram more money in large volumes, and some large volume of liquidation will also kill our assets. My impression is especially bad about this form when the monetization speed is not equal to the liquidation speed


Title: Re: your worst mistake
Post by: isaac_clarke22 on June 24, 2021, 07:51:03 PM
~
Heard of those a lot in here back in 2017, but it was always a "meh" for me even when I was still a newbie back then.
Imagine why do people still work a lot when there's possibility that doublers even exist in the first place.
From that mindset, I never believed in any of these doublers.


Title: Re: your worst mistake
Post by: Mahanton on June 24, 2021, 09:10:45 PM
~
Heard of those a lot in here back in 2017, but it was always a "meh" for me even when I was still a newbie back then.
Imagine why do people still work a lot when there's possibility that doublers even exist in the first place.
From that mindset, I never believed in any of these doublers.
With just your own common sense then you could really tell it on the first place that those are just indeed obvious scams or money grabbers.
I wont deny that when im still a noob you would really get easily hooked up with these things on where you do really believe that you could
really make yourself rich in no time if these things would really continue to exist on the first place but if you do really make out some realizations
then you would eventually find out that these are just obvious scammers whom do really take advantage of those newbie minds.


Title: Re: your worst mistake
Post by: cheezcarls on June 25, 2021, 11:33:27 AM
My worst mistake is that I let go of my BTCs for USDT in early December 2020 before Bitcoin took off like crazy. Until now I am still regretting it. Also my second worst-mistake is that I HODL for too long and not taking profits when it goes high, but it applies to some coins and tokens that I’m holding. Even experts and professional are experiencing their worst mistakes too, despite their experiences.


Title: Re: your worst mistake
Post by: carlisle1 on June 25, 2021, 01:44:02 PM
Replacing that regrets with dedications and focus, finding the right spice when dealing inside the market, all of us probably experienced the same thing, but

the takes from those who keeps moving forward and keep aiming to succeed see those mistakes as learning process to avoid doing the same mistake but to prepare them and make the right decision when the time comes.

It's all about trying your best and make things possible even you suffered  at first then gain success after.

My worst mistake is that I let go of my BTCs for USDT in early December 2020 before Bitcoin took off like crazy. Until now I am still regretting it. Also my second worst-mistake is that I HODL for too long and not taking profits when it goes high, but it applies to some coins and tokens that I’m holding. Even experts and professional are experiencing their worst mistakes too, despite their experiences.


Title: Re: your worst mistake
Post by: Btcvilla on June 25, 2021, 02:19:53 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
the mistake i ever made was i was too ambitious and put all my assets at the beginning. And at that time I played a coin whose future could not be predicted. So I lost a lot of my assets at that time. But I made that an important lesson, I have to analyze before doing anything and learn with people who are more experienced


Title: Re: your worst mistake
Post by: qwertyup23 on June 25, 2021, 04:27:30 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

My worst mistake so far was selling almost all of my coins whenever I receive them from my past campaign signatures.

I remember back in 2017, I was just a young person who was hoping to earn money online. As someone also who grew up in a household consisting of a single dad and 3 brothers, I reluctantly withdrew and cashed-out almost all of my BTCs whenever I receive them as payment from participating into campaign signatures (1 BTC = $40-50k).

Looking back, if I had not touched my BTCs back then, i would have accumulated around $20k BTCs right now which would significantly help my dad into his expenses.


Title: Re: your worst mistake
Post by: South Park on June 27, 2021, 04:01:36 AM
my worst mistake recently is happening, i actually lost my $1000 on binance because i played futures trading,
i'm totally crazy for a few days, i can't sleep, does anyone have the same experience as me?,
because $1000 is my hard work result money and it's gone in an instant, sadly
What is done is done, you cannot change what happened so you need to calm down and try to relax, if that was not all your capital then you need to stop now before you do something bad and then you lose the rest of it, you need to stay away completely from trading for some time, probably a month is a good idea, then after that time has passed you need to analyze what went wrong and then take a few months to study the markets if you are interested in doing this again.
By staying away from trading for a while I think that's good advice,
because with this bad experience, it certainly makes us psychologically disturbed and of course if we remain determined to trade, we will most likely be affected,
so it's better to rest first and evaluate what was wrong at that time and hopefully in the future it won't repeat the same mistake
It is in fact critical and many books about trading recommend this, if you trade after you suffered a heavy loss it is likely you will overtrade trying to recover the money you lost, and if someone was unable to beat the markets even at their best then it does not make sense they will be able to do it now that they are mad about what happened with the previous trade, many times it is simply better to take your time and analyze what went wrong in order to avoid this happening to you again than to trade immediately after a loss.


Title: Re: your worst mistake
Post by: nhaila on June 28, 2021, 10:15:33 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
Cryptocurrency market always full of risks and no one can easily predict something in future. So I had no idea about Binance coin. When Binance coin price less then $15 then I sold my 147 Binance coin at $15.63 per rate ......it's my the best regrets ..


Title: Re: your worst mistake
Post by: leea-1334 on June 29, 2021, 03:03:04 PM
Cryptocurrency market always full of risks and no one can easily predict something in future. So I had no idea about Binance coin. When Binance coin price less then $15 then I sold my 147 Binance coin at $15.63 per rate ......it's my the best regrets ..

But why regret? BNB is now $12 and two days ago it was even $10 and now maybe with all the bad news coming about Binance being banned in Ontario and in the UK and so on I will not be surprised if it dips before recovers. You can buy back all 147 BNB and more at today's price.

Essentially you made a profit.

Put it all in Bitcoin now;)


Title: Re: your worst mistake
Post by: dmamigo on June 30, 2021, 07:29:17 PM
I made a lot of mistakes but the worst two was not buying Bitcoin when it was $200 because I just entered the crypto industry with no understanding but still, I feel pathetic now and then selling half a Bitcoin way earlier due to some personal reasons, few of them was essential and necessary but few were not immediately required. So, I do feel bad for these reasons and I consider them as a mistake and a worst one.


Title: Re: your worst mistake
Post by: Hamphser on June 30, 2021, 08:12:41 PM
I made a lot of mistakes but the worst two was not buying Bitcoin when it was $200 because I just entered the crypto industry with no understanding but still, I feel pathetic now and then selling half a Bitcoin way earlier due to some personal reasons, few of them was essential and necessary but few were not immediately required. So, I do feel bad for these reasons and I consider them as a mistake and a worst one.
Not really that bad when you do sell out for some important personal reasons or specially in need because i had been doing that since i was engage into crypto market on where all of my earnings are converted actively because i do really need it to sustain my living which i dont really considered to be a mistake.

I wouldnt make this far if i havent done that but to think on how much you had saved or earned after all the years then for sure that would really make me rich already but i dont feel any regrets as long i do still

continue to earn even up to this day.Mistakes is on when i do consider on making investment with Hyips and Ponzi way back into those earlier years where i do believe that i can make easy money but i was wrong.


Title: Re: your worst mistake
Post by: South Park on July 01, 2021, 08:37:01 PM
I made a lot of mistakes but the worst two was not buying Bitcoin when it was $200 because I just entered the crypto industry with no understanding but still, I feel pathetic now and then selling half a Bitcoin way earlier due to some personal reasons, few of them was essential and necessary but few were not immediately required. So, I do feel bad for these reasons and I consider them as a mistake and a worst one.
I do not think that not buying at the time when bitcoin was at 200 dollars for each coin was a mistake, after all you say that you just entered the industry and you simply did not had the knowledge to be able to hold those coins no matter what, it only seems a mistake in hindsight now that we have seen the price of bitcoin reaching such high prices, in fact many people back then were pessimistic and did not believe that bitcoin could reach 1k, which shows that many things have certainly changed since then.


Title: Re: your worst mistake
Post by: Questat on July 01, 2021, 08:49:39 PM
I made a lot of mistakes but the worst two was not buying Bitcoin when it was $200 because I just entered the crypto industry with no understanding but still, I feel pathetic now and then selling half a Bitcoin way earlier due to some personal reasons, few of them was essential and necessary but few were not immediately required. So, I do feel bad for these reasons and I consider them as a mistake and a worst one.
I do not think that not buying at the time when bitcoin was at 200 dollars for each coin was a mistake, after all you say that you just entered the industry and you simply did not had the knowledge to be able to hold those coins no matter what, it only seems a mistake in hindsight now that we have seen the price of bitcoin reaching such high prices, in fact many people back then were pessimistic and did not believe that bitcoin could reach 1k, which shows that many things have certainly changed since then.
We are always concerned about the risk, and because investing in bitcoin is a high risk, only a few would really take the risk, hence only a few got rewarded for the success of bitcoin. We cannot say "what if I bought in the past?", that's a mistake, you are thinking of the past when there's an opportunity now, just move on, accept the mistake and correct it now, bitcoin may have reached $60k already but it's not the ATH forever.


Title: Re: your worst mistake
Post by: blockman on July 01, 2021, 11:09:21 PM
I made a lot of mistakes but the worst two was not buying Bitcoin when it was $200 because I just entered the crypto industry with no understanding but still, I feel pathetic now and then selling half a Bitcoin way earlier due to some personal reasons, few of them was essential and necessary but few were not immediately required. So, I do feel bad for these reasons and I consider them as a mistake and a worst one.
Everyone got the same mistake as you. There are folks that have seen bitcoin cheaper than that and earlier than you. We're all going to think of it forever but we have to move on and make that mistake forgotten already because it's hard to accept how far bitcoin went already. And as we sell bitcoin, as long as you've sold it for something important, don't think of it as a waste and you've sold earlier. As long as you've used the cash properly in things that are important to you, don't regret what you've done. I've done that too and although it's hard to remove in our minds the regret of selling it that's it, we just have to accept every single action we do is for our betterment and learning too.


Title: Re: your worst mistake
Post by: Nrcewker on July 02, 2021, 03:46:11 AM
My worst mistake is that I let go of my BTCs for USDT in early December 2020 before Bitcoin took off like crazy. Until now I am still regretting it. Also my second worst-mistake is that I HODL for too long and not taking profits when it goes high, but it applies to some coins and tokens that I’m holding. Even experts and professional are experiencing their worst mistakes too, despite their experiences.

Glad to see so many people accepting their mistakes and sharing with the community.
Yes the mistakes are written in our fortune only and hence we learned something from it.
As no one has seen the future, thereby it’s obvious that we will make mistakes.
I too made the biggest mistake by buying Dogecoin after seeing Doge reached 0.6$ and thought it will reach 1$ soon.
But now it has become worst and i am already on huge losses.
Now doge’s price around 0.25$.
This is my biggest mistake in trading history.


Title: Re: your worst mistake
Post by: Rajamuda on July 02, 2021, 04:16:16 AM
Accepted risks or mistakes, of course are often experienced, but from there.. of course we can correct what has been experienced. The point is that we can make experience the key to success in trading. Well, I've had a bad experience when I didn't know more detail the development of market prices in detail until I felt a little regret, but from there.. knowledge or trading experience increases and I can correct the mistakes that has been experienced.


Title: Re: your worst mistake
Post by: South Park on July 05, 2021, 08:50:42 PM
I made a lot of mistakes but the worst two was not buying Bitcoin when it was $200 because I just entered the crypto industry with no understanding but still, I feel pathetic now and then selling half a Bitcoin way earlier due to some personal reasons, few of them was essential and necessary but few were not immediately required. So, I do feel bad for these reasons and I consider them as a mistake and a worst one.
I do not think that not buying at the time when bitcoin was at 200 dollars for each coin was a mistake, after all you say that you just entered the industry and you simply did not had the knowledge to be able to hold those coins no matter what, it only seems a mistake in hindsight now that we have seen the price of bitcoin reaching such high prices, in fact many people back then were pessimistic and did not believe that bitcoin could reach 1k, which shows that many things have certainly changed since then.
We are always concerned about the risk, and because investing in bitcoin is a high risk, only a few would really take the risk, hence only a few got rewarded for the success of bitcoin. We cannot say "what if I bought in the past?", that's a mistake, you are thinking of the past when there's an opportunity now, just move on, accept the mistake and correct it now, bitcoin may have reached $60k already but it's not the ATH forever.
I agree with this, there is nothing to do, those prices are never going to appear again and we need to deal with it, however the price is still attractive, it is many times higher than that but we can basically get bitcoin for a 50% discount which is great, after all while the correction that we saw was to be expected at the same time it did not seemed like a top which to me means only one thing, the top of this bull run is yet to be reached and we will see it once the whales finally get all the coins they want at the current prices.


Title: Re: your worst mistake
Post by: Golftech on July 05, 2021, 10:15:28 PM
Accepted risks or mistakes, of course are often experienced, but from there.. of course we can correct what has been experienced. The point is that we can make experience the key to success in trading. Well, I've had a bad experience when I didn't know more detail the development of market prices in detail until I felt a little regret, but from there.. knowledge or trading experience increases and I can correct the mistakes that has been experienced.

You can correct if you are taking things seriously, the very reason how experienced

traders got their edge against newcomers, they can handle the pressure correctly and

they can work it out and adjust each time they've made their investment. It takes time

and focus to learn how to handle  each market movements to find the best way to favor

your side.


Title: Re: your worst mistake
Post by: Xampeuu on July 07, 2021, 07:10:11 AM
Accepted risks or mistakes, of course are often experienced, but from there.. of course we can correct what has been experienced. The point is that we can make experience the key to success in trading. Well, I've had a bad experience when I didn't know more detail the development of market prices in detail until I felt a little regret, but from there.. knowledge or trading experience increases and I can correct the mistakes that has been experienced.

You can correct if you are taking things seriously, the very reason how experienced

traders got their edge against newcomers, they can handle the pressure correctly and

they can work it out and adjust each time they've made their investment. It takes time

and focus to learn how to handle  each market movements to find the best way to favor

your side.
right, the process of becoming a pro trader is not easy, especially in maintaining the emotions that are within us. time and time again we make plans and time and time again we are inconsistent. I think it's natural because it's human nature, and experiences like that make us think to keep growing, so that we become successful traders who are consistent


Title: Re: your worst mistake
Post by: MIner1448 on July 14, 2021, 12:54:28 PM
My mistake was that I did not always follow the course of the cryptocurrency, I behaved carelessly, ignoring the bull market, I could make money on these courses, but I just simply did not pay attention to them. After all this, as a bull market failed, I began to understand that it was possible to make money on it.


Title: Re: your worst mistake
Post by: lepbagong on July 14, 2021, 02:48:13 PM
My mistake was that I did not always follow the course of the cryptocurrency, I behaved carelessly, ignoring the bull market, I could make money on these courses, but I just simply did not pay attention to them. After all this, as a bull market failed, I began to understand that it was possible to make money on it.
the mistakes you make are very good learning for your development, to determine what is the best step, because you have experienced and tried to be able to determine the step at the right time with better results.
there is no need to regret because there is always time to do the same in the future. because the opportunity is always there, even though the current situation is not good, waiting patiently for more profitable actions will always be there.
Of course, what you will do by making money from everything you will do you will definitely be able to repeat it again.


Title: Re: your worst mistake
Post by: DarkDays on July 14, 2021, 02:57:15 PM
My mistake was that I did not always follow the course of the cryptocurrency, I behaved carelessly, ignoring the bull market, I could make money on these courses, but I just simply did not pay attention to them. After all this, as a bull market failed, I began to understand that it was possible to make money on it.
Shouldn't be too hard on yourself. Bull markets coming and going are always subtle and unless you're in the market day in day out, you don't really know when's a good time to enter. You're not the only person realising that they could have done more but at least this experience has given you the push for paying attention to crypto markets and if you continue to do so you will not miss the next one ;)


Title: Re: your worst mistake
Post by: Victorycoin on July 14, 2021, 04:17:04 PM
If there is no active in the market then it is very difficult to get the information of the market seeing this requires market research the first mistake that can easily get your claim denied is to fail yes we all want to be the next bitcoin millionaire, but if you are not incredibly lucky then you need to create some real life business experience first. You also need a strong investment strategy but you will have to save your whole life and wait for the bull run.


Title: Re: your worst mistake
Post by: dortheamangum on July 16, 2021, 01:26:10 PM
Not having a clear plan for my trading is the big mistake that I made in my early days. Actually, having a plan for our investment will help to avoid overtrading or undertrading without realizing the risks.


Title: Re: your worst mistake
Post by: MIner1448 on July 16, 2021, 03:45:24 PM
My mistake is my impatience to drain coins without analyzing the project or the market in advance. Constantly when I receive awards for various kinds of projects, I do not track at what stage the project and I drain the coins, then after some time they showed growth, it is still necessary to leave some of the coins for a long time, regardless of the project.


Title: Re: your worst mistake
Post by: Fredomago on July 16, 2021, 05:12:30 PM
My mistake was that I did not always follow the course of the cryptocurrency, I behaved carelessly, ignoring the bull market, I could make money on these courses, but I just simply did not pay attention to them. After all this, as a bull market failed, I began to understand that it was possible to make money on it.
the mistakes you make are very good learning for your development, to determine what is the best step, because you have experienced and tried to be able to determine the step at the right time with better results.
there is no need to regret because there is always time to do the same in the future. because the opportunity is always there, even though the current situation is not good, waiting patiently for more profitable actions will always be there.
Of course, what you will do by making money from everything you will do you will definitely be able to repeat it again.
No need to regret but rather taking it into an action that will guide you to much better place, there are times that you'll remembered those past mistakes but if you are keen to continue improving your strategies,

You must always ready to face any failures that might waiting for you within this journey, good things happened to those who are willing to wait and work more harder.

This venue of business gives you opportunities to maximize the benefits.


Title: Re: your worst mistake
Post by: livingfree on July 16, 2021, 05:21:37 PM
Not having a clear plan for my trading is the big mistake that I made in my early days. Actually, having a plan for our investment will help to avoid overtrading or undertrading without realizing the risks.
Having a plan will make you follow the correct path.

Having not such will make you trade unusually and you'll get to be near with losses and have it whenever you trade. Determine your plan and strategy as you trade.

And I guess you've already have it.


Title: Re: your worst mistake
Post by: $crypto$ on July 16, 2021, 05:31:32 PM
My mistake was that I did not always follow the course of the cryptocurrency, I behaved carelessly, ignoring the bull market, I could make money on these courses, but I just simply did not pay attention to them. After all this, as a bull market failed, I began to understand that it was possible to make money on it.
Shouldn't be too hard on yourself. Bull markets coming and going are always subtle and unless you're in the market day in day out, you don't really know when's a good time to enter. You're not the only person realising that they could have done more but at least this experience has given you the push for paying attention to crypto markets and if you continue to do so you will not miss the next one ;)
Mistakes can make future experiences come and go bullruns, no one guesses, but when there are opportunities, take advantage of them because they always don't come twice and even have to wait for the bull to reappear, but I think now I know the meaning of mistakes are also the same as thinking about that but they have their respective portions so know that all of this must have a good way after it comes back.

The market is always hard to guess but at least you know what to do and pay attention to the more scalable market.


Title: Re: your worst mistake
Post by: goldade on July 16, 2021, 06:36:39 PM
Well, there isn't one professional trader now who didn't make one or two mistakes in the early days but then that's what makes it even better because we sell learnt from our mistakes.
My worst mistake in the first year was not setting stop-loss on a particular trade. I had been maje successful trades before that and I had grown too confident of my ability to make good trading decisions that I ignored stop-loss completely. This was my greatest undoing as this particular trade wiped out equity.
I, however,  learnt from it. I started trading again with another capital and since then, I have always set my stop-loss


Title: Re: your worst mistake
Post by: MinoRaiola on July 16, 2021, 07:13:49 PM
It's been a while ... a few years ... but that was still annoying. It's about Bitclub Network: A best known crypto scams and not small. In total, the Bitclub Network Scam was able to collect $ 722 million from investors. At the beginning there were still payouts, but then the own coin came up and it goes downhill quickly. The investing bitcoin were gone.


Title: Re: your worst mistake
Post by: Rigon on July 17, 2021, 12:02:53 AM
When I was a beginner in cryptocurrencies trading, then I made a big mistake which always remembered to me because more Than 4000$  lost in my wrong address deposited. First investment money already vained without having little bit knowledge about address checking mistakes.


Title: Re: your worst mistake
Post by: sherenikaw on July 18, 2021, 12:23:41 PM
The mistake I've made is several times selling my assets too early. In the past after trying to trade I was too hasty in making a decision to sell my assets. I saw the market continuing to plummet and it made me panic. I thought that if I didn't sell it immediately the price would get lower so I sold my asset when the price was going down. I suffered a considerable loss and I had to learn from the mistake that I had made. Don't be too hasty and don't be too greedy to want to quickly get a big profit because it will make us stubborn and easy to panic. That's why right now I'm more careful with my assets because I don't want that to happen again.


Title: Re: your worst mistake
Post by: Kimonoe on July 18, 2021, 03:13:23 PM
When I was a beginner in cryptocurrencies trading, then I made a big mistake which always remembered to me because more Than 4000$  lost in my wrong address deposited. First investment money already vained without having little bit knowledge about address checking mistakes.
Of course it will be a regret, because so much money has been lost due to a basic mistake, it can be a lesson for me, to double-check the address to be addressed, because I lost concentration a little and the danger will be threatening and cannot be repaired. Until now I'm still having problems with trading analysis which doesn't seem to have found the right strategy strategi


Title: Re: your worst mistake
Post by: kapalmabur on July 18, 2021, 04:02:36 PM
so far my worst mistake is not selling my cryptocurrency assets at the new all time high price,
i really regret it, yes i hold Bitcoin, Ethereum and Binance, all of them went down deep,
and it was terrible to see, more than -50% that I can, I don't know this is a nightmare for me.


Title: Re: your worst mistake
Post by: ReiMomo on July 18, 2021, 06:42:09 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

Two worst mistakes I have made were just because of impatience. When my coin (the coin where I invested ) price was not moving up as I expected, I sold all the coins at loss and moved to other coins which was on uptrend which later trended down where again I was in deep loss. This was the biggest mistake I made twice and lost almost $1000 where my principle was $2000.

Never get off in between. Never buy a coin that is already on uptrend. You will certainly be at loss. Always be patient. Later, I have earned much following it.


Title: Re: your worst mistake
Post by: Ziskinberg on July 18, 2021, 08:10:57 PM
so far my worst mistake is not selling my cryptocurrency assets at the new all time high price,
i really regret it, yes i hold Bitcoin, Ethereum and Binance, all of them went down deep,
and it was terrible to see, more than -50% that I can, I don't know this is a nightmare for me.

The thing is you'll only regret when bitcoin will go down, you didn't sell at peak because of your greediness. Man, it's alright, live with that and learn with your experience, bitcoin is very unpredictable, but if you follow your target, selling should not be the price even if it's lower than the ATH as long as you make a profit.


Title: Re: your worst mistake
Post by: horrifiedx1 on July 19, 2021, 04:59:54 AM
so far my worst mistake is not selling my cryptocurrency assets at the new all time high price,
i really regret it, yes i hold Bitcoin, Ethereum and Binance, all of them went down deep,
and it was terrible to see, more than -50% that I can, I don't know this is a nightmare for me.
if you start holding it indefinitely, I don't think this is a mistake, because your goal is to keep holding it. but if you want to get the maximum profit, then I think this time it's greed that makes you disappointed with the market. but I think this is reasonable, because many other traders do it too. the main thing is that we can learn from all of this, so that later we can place targets realistically


Title: Re: your worst mistake
Post by: jossiel on July 19, 2021, 06:03:35 PM
so far my worst mistake is not selling my cryptocurrency assets at the new all time high price,
i really regret it, yes i hold Bitcoin, Ethereum and Binance, all of them went down deep,
and it was terrible to see, more than -50% that I can, I don't know this is a nightmare for me.
A common mistake.

Because I think you've the thought that it will pump some more and that's what I also thought of before. But right after, I've decided to think long term since I'm holding bitcoin.

And the same bull run can happen again and can surpass the last all time high.


Title: Re: your worst mistake
Post by: retreat on July 19, 2021, 06:55:35 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
My worst mistake while trying to trade was not having a mentor. Having a mentor in trading is important so that you can easily get directions based on the experience of the mentor. at the beginning of my trading, I lost several tens of bucks, I really underestimated trading and didn't want to learn first.


Title: Re: your worst mistake
Post by: dimonstration on July 19, 2021, 07:00:34 PM
so far my worst mistake is not selling my cryptocurrency assets at the new all time high price,
i really regret it, yes i hold Bitcoin, Ethereum and Binance, all of them went down deep,
and it was terrible to see, more than -50% that I can, I don't know this is a nightmare for me.
Many experiences this such of lost. Remember you're not at lost until you sell so better just hold. I also I've regretted not taking the opportunity to sell whenever possible. So waiting always happen. We need to get to ourselves that taking some profit sometimes is needed to still enjoy life than just merely wait and hold.


Title: Re: your worst mistake
Post by: travwill on July 22, 2021, 08:40:22 PM
My worst mistake is that I let go of my BTCs for USDT in early December 2020 before Bitcoin took off like crazy. Until now I am still regretting it. Also my second worst-mistake is that I HODL for too long and not taking profits when it goes high, but it applies to some coins and tokens that I’m holding. Even experts and professional are experiencing their worst mistakes too, despite their experiences.

We all have stories when we either sold at the wrong time or overexposed our coins due to greed.
It is extremely difficult to predict the market, no one expected that bitcoin would show such a wild growth, in view of this, many miscalculated with their forecasts, including me.


Title: Re: your worst mistake
Post by: Nathrixxx on July 22, 2021, 08:53:00 PM
My ever worst mistake is that I never take time to study and understand crypto before investing and I will to advise everyone new to a platform or business to take their time and study the mode of operations, ask questions, and make personal research and findings, it not always good taking a bread half-baked.


Title: Re: your worst mistake
Post by: WNTRjon on July 22, 2021, 09:25:24 PM
Passing on the EARLY opportunities I had to buy Bitcoin. Losing my wallet information from when I got Bitcoins from faucets. I was scouring the internet for ways to make money when Bitcoin was pennies at most. I did not have much money and even a $2 investment meant something to me at the time. I didn't understand it, so the $2 went to a Mcdonald's cheeseburger.


Title: Re: your worst mistake
Post by: lepbagong on July 23, 2021, 10:50:52 AM
My worst mistake is that I let go of my BTCs for USDT in early December 2020 before Bitcoin took off like crazy. Until now I am still regretting it. Also my second worst-mistake is that I HODL for too long and not taking profits when it goes high, but it applies to some coins and tokens that I’m holding. Even experts and professional are experiencing their worst mistakes too, despite their experiences.

We all have stories when we either sold at the wrong time or overexposed our coins due to greed.
It is extremely difficult to predict the market, no one expected that bitcoin would show such a wild growth, in view of this, many miscalculated with their forecasts, including me.

Incidents like the one you have experienced, can certainly be experienced by many crypto followers and it is natural to predict wrongly so that it does not match what you want, because everything is fast and requires fast anticipation but you should not be greedy because if you are greedy it can be unprofitable finally.

indeed the increase in bitcoin at the end of last year to the beginning of this year, indeed no one expected it to increase quite high. so many received luck but many also regretted selling early for fear of a correction.

although in the end there was also a very deep correction and many predicted that bitcoin would rise even higher but had to swallow the bitterness it was not proven. but it's nothing to be sorry for because bitcoin will always increase again at the end of this year and will create renewable ATH.


Title: Re: your worst mistake
Post by: Anamika1000 on July 24, 2021, 07:29:45 AM
I have to say about my big mistakes and in a sense bad habit that I can't hold coins which can give me much benefit even but I sell it at a low price and get a less profit or sometimes even no profit, if I hold these coins it will give me many profits.


Title: Re: your worst mistake
Post by: Shasha80 on July 25, 2021, 04:25:52 AM
My mistakes in the early years of knowing crypto were quite a lot, such as investing in scam places, choosing altcoins that had been badly dumped without doing research, trusting people I just met, and depositing money with them, and many more. it gives me a lot of experience right now.

Some of the mistakes you mentioned I did too, and it's a normal thing to happen when we first get to know crypto. I'm sure everyone has made
mistakes, the most important thing is that we can learn from every mistake we make. And trying not to repeat it again, successful investors and
traders also start from making mistakes, so there is no need to panic and despair if we make a mistake. We must be able to rise and become
better people, because the mistakes we make are valuable lessons that can make us successful in the future.


Title: Re: your worst mistake
Post by: markdario112616 on July 25, 2021, 04:58:00 AM
If I remember it correctly, It was 2015 when I withdraw my BTC and other crypto investment I have and invested it with the local stocks. It's a win-win for me at that time still earned profit instantly regretted it after a while. In 2017 or 2018, *this doesn't happen to me* I couldn't stop my friend from joining a scam *I knew it when he said it to me* but he insisted that it wasn't. Months passed by and I was able to bump into him again, but then he told me that he should've listened to me that day. He lost his entire savings and somehow got into trouble from the loan sharks. Even though it's my mistake, but can't help to feel guilty I should've persuaded him more.

In 2019, been inactive in the crypto world and was focusing on my career. I can handle doing both, but since I was preoccupied with useless stuff, I lost many opportunities to enhance my skills in trading and investing. Again, I regretted it up to now  ;D

In 2020, lost one of my investments with a possible high return due to miscalculation. I was greedy at some point in the process and forget my goal. I still earn but below my initial target, well-planned things sometimes don't happen. ;D


Title: Re: your worst mistake
Post by: Adorakelv on July 25, 2021, 05:13:19 AM
With me, greed and the desire to make quick money also played a bad role at one time, because I began to lose my money and do not understand why this is happening. That is why I am grateful to the manager of Amarkets for whom his times pointed out mistakes and helped to understand and start working correctly.


Title: Re: your worst mistake
Post by: Cherylstar86 on July 25, 2021, 11:15:00 AM
My mistakes in the early years of knowing crypto were quite a lot, such as investing in scam places, choosing altcoins that had been badly dumped without doing research, trusting people I just met, and depositing money with them, and many more. it gives me a lot of experience right now.
Everyone who enters crypto world encounter mistakes. I also encounter mistakes such not buying crypto coins when the price is cheap, investing in scams and also choose a coin that badly dumped just like what you've mentioned. I also become greed and have the desire to make quick money and that was my worst mistake ever especially trusting people I just met. I make all of those experiences as my lesson. I need also some knowledge and research skills to help me gain profit and also I have the chance to correct all of my mistakes.


Title: Re: your worst mistake
Post by: carlisle1 on July 25, 2021, 05:07:08 PM
My mistakes in the early years of knowing crypto were quite a lot, such as investing in scam places, choosing altcoins that had been badly dumped without doing research, trusting people I just met, and depositing money with them, and many more. it gives me a lot of experience right now.
Everyone who enters crypto world encounter mistakes. I also encounter mistakes such not buying crypto coins when the price is cheap, investing in scams and also choose a coin that badly dumped just like what you've mentioned. I also become greed and have the desire to make quick money and that was my worst mistake ever especially trusting people I just met. I make all of those experiences as my lesson. I need also some knowledge and research skills to help me gain profit and also I have the chance to correct all of my mistakes.

Said it right, if all just admit this kind of mistake which most probably happened when you are starting to invest inside this market.

Those failures serves as good learning stage in travelling your path to success, even experts or experienced traders are not exempts from this kind of failed judgements, but the willingness to move on and continue learning gives them the privileges of what they are enjoying now.


Title: Re: your worst mistake
Post by: killerman2 on July 26, 2021, 02:12:44 AM
First of all my worst miatakw is that i have not bought bitcoin when it was so cheap.
Secondly i Bought Cake token when it was 0.26$ but sold all at 0.4
After that i bought at 2$ price and sold at 6$ price.
If i had hold i would be a richer man.


Title: Re: your worst mistake
Post by: Bushrat Jahan on July 26, 2021, 06:39:23 AM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
My worst mistake is my patience i saw btc at $500 oh yes man Only $500 but i haven’t enough patience to hold it if i hold it only 4years so now i will be a crypto millionaire so hope with crypto and will be rich.


Title: Re: your worst mistake
Post by: jossiel on July 26, 2021, 07:46:59 AM
First of all my worst miatakw is that i have not bought bitcoin when it was so cheap.
Secondly i Bought Cake token when it was 0.26$ but sold all at 0.4
After that i bought at 2$ price and sold at 6$ price.
If i had hold i would be a richer man.
The second isn't a mistake but a regret that you've sold earlier. But the first one is a legitimate worst mistake by everybody that we've missed buying bitcoin when it was truly cheap.

We're only thinking of how low it was before and never bought because we've considered it to be expensive during those times.


Title: Re: your worst mistake
Post by: sr32703 on July 27, 2021, 02:38:52 AM
I always make my decision with mine but i have a huge mistake with kick coin. Kick has already pumped too much that we can't be expected if i hold all of my coin i will be much gainer that i can't Imagine so always should patience for getting success.


Title: Re: your worst mistake
Post by: checkmatesir on July 27, 2021, 06:58:40 AM
First of all i welcome you to this trading platform and now i wanna tell you about my mistake that at the first i made was that i didn't hold anything and i was much suffer from the loss at the beginning . Because holding is the key element in trading.


Title: Re: your worst mistake
Post by: Anamika1000 on July 27, 2021, 07:02:15 AM
My mistake was that I didn't study the coins and didn't analyze the coins, due to which I had gained many losses in this trading platform. In trading analyzing the coins is very important. Most of the traders failed to do so which results in a loss of profit.


Title: Re: your worst mistake
Post by: Pamadar on July 27, 2021, 10:44:03 AM
If I remember it correctly, It was 2015 when I withdraw my BTC and other crypto investment I have and invested it with the local stocks. It's a win-win for me at that time still earned profit instantly regretted it after a while. In 2017 or 2018, *this doesn't happen to me* I couldn't stop my friend from joining a scam *I knew it when he said it to me* but he insisted that it wasn't. Months passed by and I was able to bump into him again, but then he told me that he should've listened to me that day. He lost his entire savings and somehow got into trouble from the loan sharks. Even though it's my mistake, but can't help to feel guilty I should've persuaded him more.

In 2019, been inactive in the crypto world and was focusing on my career. I can handle doing both, but since I was preoccupied with useless stuff, I lost many opportunities to enhance my skills in trading and investing. Again, I regretted it up to now  ;D

In 2020, lost one of my investments with a possible high return due to miscalculation. I was greedy at some point in the process and forget my goal. I still earn but below my initial target, well-planned things sometimes don't happen. ;D

In the other hand small profits still better than losing your money because of being greedy.

There's still lots to learn while staying inside this market, not easy and surely it's not the last time that you'll face or encounter mistakes and chances of losing some and regretting with wrong decision-making, but everything have reason if you are willing to take the challenge and keep trying to improve yourself while still working inside this business.


Title: Re: your worst mistake
Post by: Mahanton on July 31, 2021, 06:52:26 PM
First of all my worst miatakw is that i have not bought bitcoin when it was so cheap.
Secondly i Bought Cake token when it was 0.26$ but sold all at 0.4
After that i bought at 2$ price and sold at 6$ price.
If i had hold i would be a richer man.
The second isn't a mistake but a regret that you've sold earlier. But the first one is a legitimate worst mistake by everybody that we've missed buying bitcoin when it was truly cheap.

We're only thinking of how low it was before and never bought because we've considered it to be expensive during those times.
We are guilty of this mistake but there are circumstances which cant really be considered since we arent really that financially capable but to think  that we can purchase out bitcoin in parts or fractions
then we would really be thinking that it was really indeed a mistake for us not to take some risk.In result when the time comes that bitcoin reach out some all time highs then we do start up on minding that
if we had able to buy earlier or to those times where it was cheap then we might really be rich as of this moment.Well, mistakes are inevitable due to some circumstances but we do need to
move on and do all things that would really be giving out some potential on making profits in the future but of course everything isnt an assurance.


Title: Re: your worst mistake
Post by: killerman2 on August 01, 2021, 02:33:42 PM
My big mistake in the field of trading was not having patience at the first, through which i had gain a lot of loss due to not having patience, which is very important in trading. I hope you should keep patience while trading which is really needed while holding some coin.


Title: Re: your worst mistake
Post by: livingfree on August 01, 2021, 05:12:14 PM
My big mistake in the field of trading was not having patience at the first, through which i had gain a lot of loss due to not having patience, which is very important in trading. I hope you should keep patience while trading which is really needed while holding some coin.
Not only patience actually.

There's more that you need as you trade because it's a never ending learning process and earning at the same time. With those loss that you've made in the past.

That shall teach you how to be a better trader as you trade again.


Title: Re: your worst mistake
Post by: Furious 7 on August 01, 2021, 05:41:27 PM
My big mistake in the field of trading was not having patience at the first, through which i had gain a lot of loss due to not having patience, which is very important in trading. I hope you should keep patience while trading which is really needed while holding some coin.
Not only patience actually.

There's more that you need as you trade because it's a never ending learning process and earning at the same time. With those loss that you've made in the past.

That shall teach you how to be a better trader as you trade again.
What is needed in trading includes a lot of skills that must be qualified, I think we know how the market moves so fast and here we can learn how to be patient and wait for a good momentum and don't be in a hurry to make a decision, choose what you need because of that of every principle of a trade.

Indeed, losses can be a lesson for us, but still we must be able to return something bad for the better because in trading we need a strategy that fits us.


Title: Re: your worst mistake
Post by: livingfree on August 02, 2021, 12:11:18 PM
My big mistake in the field of trading was not having patience at the first, through which i had gain a lot of loss due to not having patience, which is very important in trading. I hope you should keep patience while trading which is really needed while holding some coin.
Not only patience actually.

There's more that you need as you trade because it's a never ending learning process and earning at the same time. With those loss that you've made in the past.

That shall teach you how to be a better trader as you trade again.
What is needed in trading includes a lot of skills that must be qualified, I think we know how the market moves so fast and here we can learn how to be patient and wait for a good momentum and don't be in a hurry to make a decision, choose what you need because of that of every principle of a trade.

Indeed, losses can be a lesson for us, but still we must be able to return something bad for the better because in trading we need a strategy that fits us.
In making such decisions.

Yes, it's a must that you shouldn't be too quick in making one but if you're in a rush and that you have to make a decision. Make sure that you're doing the right thing.

Despite the lapses of your decision and it's needed to be done quickly, you're doing the correct one.


Title: Re: your worst mistake
Post by: juliepower on August 04, 2021, 05:56:00 AM
Worst mistake I think not having patience and selling early . Patience is most important in trading and second important don't be planned in greedy way to make quick profit.


Title: Re: your worst mistake
Post by: isaac_clarke22 on August 04, 2021, 06:04:39 AM
~
Felt bad for your friend being surrounded by these loan sharks. It is not your fault though, since you mentioned that you weren't able to stop your friend. In the end, if you can't persuade someone to stop doing it then that is where you stop trying to do it. I suppose that is an MLM scam, because that is quite common among friendship and even my closest friends tend to mention me that back in the old days.


Title: Re: your worst mistake
Post by: jossiel on August 04, 2021, 08:28:05 AM
Worst mistake I think not having patience and selling early . Patience is most important in trading and second important don't be planned in greedy way to make quick profit.
Majority of us sold early.

That mistake can be corrected with our next actions so if you think that you've sold early then you have to correct it. Do not sell if you think the price is quite low.

Patience and discipline so you won't be panicking.


Title: Re: your worst mistake
Post by: Luke Jackson on August 05, 2021, 06:29:56 AM
Faced with my own level, my biggest mistake is to trade back and forth, with fewer and fewer coins in my hand. I came to the conclusion that the most correct way is to remember to buy when it falls, not to toss.


Title: Re: your worst mistake
Post by: Pamadar on August 05, 2021, 10:47:03 AM
Worst mistake I think not having patience and selling early . Patience is most important in trading and second important don't be planned in greedy way to make quick profit.
Majority of us sold early.

That mistake can be corrected with our next actions so if you think that you've sold early then you have to correct it. Do not sell if you think the price is quite low.

Patience and discipline so you won't be panicking.


Experienced really play a lot to improved our ways while working with our investment.


For sure most traders experienced the same thing and to improve that, you must assess deeper and analyze your actions.

Trading is for those who are willing to keep improving their strategy, those who are willing to keep enhancing their chance inside this business.


Title: Re: your worst mistake
Post by: NewRanger on August 05, 2021, 03:37:17 PM
Worst mistake I think not having patience and selling early . Patience is most important in trading and second important don't be planned in greedy way to make quick profit.
Majority of us sold early.

That mistake can be corrected with our next actions so if you think that you've sold early then you have to correct it. Do not sell if you think the price is quite low.

Patience and discipline so you won't be panicking.


Experienced really play a lot to improved our ways while working with our investment.


For sure most traders experienced the same thing and to improve that, you must assess deeper and analyze your actions.

Trading is for those who are willing to keep improving their strategy, those who are willing to keep enhancing their chance inside this business.
I think trading is for those who can control their emotions. trading strategies tend to stagnate, as long as we can know the weaknesses and strengths of the strategies we use. the thing we have to realize is that there is no perfect strategy so we must be able to respond if our strategy is wrong, and vice versa when we reach the set target, we don't have a sense of pride or pride in ourselves


Title: Re: your worst mistake
Post by: Lordshiva on August 05, 2021, 03:40:14 PM
The mistake which i do most of the time is not being sure when to sell back the coins. I may be in profit but my mind does not clear that should i sell at this time or not because there is always a thinking in mind that it will grow more, so my main worst mistake is being greedy which i am trying to control in future.


Title: Re: your worst mistake
Post by: Smartvirus on August 05, 2021, 04:53:26 PM
One who haven't made mistakes on trades is one without experience and without experience, your hardly a good trader. I've got some really erroneous days with the market that I can hardly recount it all but, one of the major causes of my loss back then was giving in toy emotions. Emotions of greed that, even when the trade goes well, you still feel the need to keep trading and pick every move in the market.  A complete lack of a proper trading plan and it did hunt me for the early days of my trading. Its just a good thing that we've got go learn at some point. That's if your able to discover your mistakes and I did mine. Ever since then, its been me struggling to make things a right with my trades and its quite better now.


Title: Re: your worst mistake
Post by: Sanugarid on August 05, 2021, 05:02:29 PM
Mine would probably be turning my back on crypto because I had a really big loss, it was back in 2018 and although I have already moved on and have recovered those losses a long time ago, I still am bitter with the times that I was inactive in the market and not having any stake in it.


Title: Re: your worst mistake
Post by: bitcoinst on August 06, 2021, 11:16:37 AM
Perhaps FOMO will be my biggest mistake. At that time I was playing poker and I had a normal amount of money. I invested them in one coin, which has already increased in value and promised further growth.
As a result, immediately after the purchase, the price collapsed by 45%, I decided to wait, and as a result, it collapsed by another 40%. It was a failure. Moreover, I fixed the minus right before the rise. Fiasco.


Title: Re: your worst mistake
Post by: suryana on August 06, 2021, 01:16:28 PM
One of my worst mistake so far is investing in a scam website before when I was a beginner, that time I don't have yet enough source of money so even though I only lose $40 that time I felt really sad because it is hard to earn that amount of money when I was a beginner that time cause I don't have work and I am only student. The second mistake that I have done is that I am always investing in a coin without doing any research before.
This is the same thing with me at the beginning, I often used to buy a copy without analyzing, without looking for information about the coin, lazy to enter the forum and ask questions. From there I only bought coins that were going down but didn't know that the coins were falling deeper. But this has been a good experience for me so far.


Title: Re: your worst mistake
Post by: BitTraderCute on August 06, 2021, 03:18:42 PM
Perhaps FOMO will be my biggest mistake. At that time I was playing poker and I had a normal amount of money. I invested them in one coin, which has already increased in value and promised further growth.
As a result, immediately after the purchase, the price collapsed by 45%, I decided to wait, and as a result, it collapsed by another 40%. It was a failure. Moreover, I fixed the minus right before the rise. Fiasco.

Its happen to us, every traders or investors ever passed this stage. trapped in believeness and hope make us  forget what actually happen to market movement . beginer always thiking when they hold assets , the value could recover again someday but the fact is not like this. by this mistake we could take important lesson , believeness and hope should not dominate our mind when we have position in market.


Title: Re: your worst mistake
Post by: ali1177 on August 07, 2021, 03:03:01 AM
When I started crypto trading I had made several mistakes like not setting the stoploss,not setting the target price, buying coin which is already up, and my biggest mistake was leverage trading which was the reason I lose my 95% of portfolio I will recommend you if you are beginner then please stay away from leverage trading.


Title: Re: your worst mistake
Post by: Nigrinn on August 07, 2021, 04:24:17 AM
At the beginning of my journey in this market, I probably made 1 of the mistakes, this is the first big deposit, which I eventually lost.


Title: Re: your worst mistake
Post by: Oilacris on August 07, 2021, 09:33:30 PM
At the beginning of my journey in this market, I probably made 1 of the mistakes, this is the first big deposit, which I eventually lost.
When you do tend to make trades specially your first time then you would most like think off that you should deposit big to make profits big but thats not how investment or trading works.

Mistakes are the learning stones for making ourselves even more better into this career.Mistakes are inevitable but you can really learn from it and making yourself good than yesterday.

Speaking of mistakes then i do commit lots of it back when im still noob which believing from easy money but thats not how thing works.


Title: Re: your worst mistake
Post by: blockman on August 07, 2021, 09:41:11 PM
At the beginning of my journey in this market, I probably made 1 of the mistakes, this is the first big deposit, which I eventually lost.
How did you eventually lose? and what have you deposited? upon deposit, how can you make such mistakes. Well, a lot of questions are building on my mind with the idea that you probably deposited to a wrong address like bitcoin address to a litecoin address and other typical mistakes upon depositing.

When I started crypto trading I had made several mistakes like not setting the stoploss,not setting the target price, buying coin which is already up, and my biggest mistake was leverage trading which was the reason I lose my 95% of portfolio I will recommend you if you are beginner then please stay away from leverage trading.
I've seen a lot of mistakes that they did leverage trading without basic knowledge and understanding that it's a completely different type of trading from the usual trades that we do.


Title: Re: your worst mistake
Post by: seleme on August 07, 2021, 09:58:30 PM
The worst mistake was to place 50 LTC instead of 50$ and the market plummeted right after that trade. After checking the stats on my account, fake breakouts liquidated position so I never click the trade button before checking it. One single wrong decision or not withdrawing profit will have such consequences in the long run, IMHO.

I know someone from Japan, this trader has placed a trade on the wrong side, and the bet size was above 100 BTC. I can't even imagine pressing the wrong button and leaving home, come back and see a big loss while you get notification of pumped market. Everything should be checked double or even triple time to avoid huge losses.


Title: Re: your worst mistake
Post by: Tervelatuk on August 07, 2021, 10:40:07 PM
everyone have their worst mistakes or sad story in their trade history, every traders will pass this stage and no one could avoid it. From mistake we could take  important lesson so our skill and knowledge improved and will have better trades result in future. honestly by worst mistake only didn't taking profits when my assets growing alot, but its okaye because totally i am still generate profits.


Title: Re: your worst mistake
Post by: DibiaVxosis on August 07, 2021, 11:31:32 PM
My worst mistake in trading is not taking profit when am supposed to, I worked for so long and raised a good amount and invested part of it in some coins I believe will do well later in the future then I used some for trading, I made so much and was so overwhelmed, I saw the profit and I felt rich but I didn't take the bold step to sell off those coins which has given me so much gains and also didn't close trades that I made so much profit from, so the day bitcoin fell from $64k to $30k I lost almost everything, I got liquidated and the coins I had dipped so badly.


Title: Re: your worst mistake
Post by: suryana on August 08, 2021, 03:59:10 AM
What is certain is that the worst mistake is not far from the word loss or no profit at all. I was like that the first time, I shouldn't have followed what people said, I didn't follow my heart and my plans. in the end everything got messed up, the score was getting lower and I was losing money.


Title: Re: your worst mistake
Post by: breathlessz on August 08, 2021, 03:50:36 PM
My biggest mistake was when I was trading and had set a stoploss area but when my analysis was wrong then I deleted the stoploss and finally I experienced a panic sell until I finally sold it with a 60% loss, until now I still remember that mistake and indeed discipline must be done so that we will not be disappointed later


Title: Re: your worst mistake
Post by: checkmatesir on August 08, 2021, 05:00:22 PM
When i entered the trading market first, i don't have enough knowledge about trading and coins, then i make different mistakes like i didn't have patience of holding a coin and that coin will give me much loss, which i remember till now. Which i thought was my big mistake.


Title: Re: your worst mistake
Post by: ReiMomo on August 08, 2021, 07:05:34 PM
The worst mistake was, loosing patience and go for buy and sell when the market was manipulated. Never push yourself to either buy or sell when the market is manipulated. And my best advice would be, never have a commitment from the money you invested into any coin. I mean, do not expect constant turn over like monthly, quarterly and etc. This will certainly challenge your patience. Being in trading for past 5 years, I would say, do not loose your patience. Hold your coins.


Title: Re: your worst mistake
Post by: Slow death on August 08, 2021, 08:02:05 PM
my biggest mistake was this:

https://i.imgur.com/FED57dl.png

I used to buy on top and I was always at a loss when the price dropped a lot, I made this mistake for many, many months, even when I promised myself I wouldn't repeat the same mistake at the end of the day I made the same mistake again. it was very hard and annoying to be losing money with the same mistake I was making over and over again

The worst mistake was, loosing patience and go for buy and sell when the market was manipulated.

Man, I've been through this too and I think that all people go through this at the beginning, especially in this cryptocurrency market


Title: Re: your worst mistake
Post by: seleme on August 08, 2021, 08:16:59 PM
my biggest mistake was this:

https://i.imgur.com/FED57dl.png

I used to buy on top and I was always at a loss when the price dropped a lot, I made this mistake for many, many months, even when I promised myself I wouldn't repeat the same mistake at the end of the day I made the same mistake again. it was very hard and annoying to be losing money with the same mistake I was making over and over again

The worst mistake was, loosing patience and go for buy and sell when the market was manipulated.

Man, I've been through this too and I think that all people go through this at the beginning, especially in this cryptocurrency market
Looks like you only placed an order after the correction, wrong trading decisions can lead to early REKT, unfortunately. When you are new to the trading world, such mistakes are acceptable but you have learned from your past mistakes. That is why starting with a small balance is recommended to minimize the potential loss.

Buying at the top price and hoping the price will break the resistance can be similar to selling BTC at the $10k and keep expecting the price will come back after it reaches $30k. The same mistakes but different bet sizes and different timeframes..


Title: Re: your worst mistake
Post by: Slow death on August 08, 2021, 09:57:40 PM
my biggest mistake was this:

https://i.imgur.com/FED57dl.png

I used to buy on top and I was always at a loss when the price dropped a lot, I made this mistake for many, many months, even when I promised myself I wouldn't repeat the same mistake at the end of the day I made the same mistake again. it was very hard and annoying to be losing money with the same mistake I was making over and over again

The worst mistake was, loosing patience and go for buy and sell when the market was manipulated.

Man, I've been through this too and I think that all people go through this at the beginning, especially in this cryptocurrency market
Looks like you only placed an order after the correction, wrong trading decisions can lead to early REKT, unfortunately. When you are new to the trading world, such mistakes are acceptable but you have learned from your past mistakes. That is why starting with a small balance is recommended to minimize the potential loss.

in fact in the past I always made the mistake of buying at the top thinking that the price would break the resistance and keep going up, this was my big mistake that took me a long time to change because whenever I was trading I would say to myself : " today I will change, today I will not make the same mistake... " but at the end of the day I made the same mistake


Title: Re: your worst mistake
Post by: juliepower on August 09, 2021, 04:34:16 PM
My worst mistake is without taking knowledge of crypto currency i invest in it and I don't know the way how to invest even I don't know the price of crypto currency that time. It's not that easy . Sometimes you just need to be patience ,time and effort to learn more and practice more to get good experience all I can say. 🙏


Title: Re: your worst mistake
Post by: Hobo66 on August 11, 2021, 01:08:50 AM
I’m cursed! Sold all my ICP at low price and now it skyrockets the next day. secondly Sold all my HOT and it skyrockets the next day. Third Sold all for ETH but still! Dang.


Title: Re: your worst mistake
Post by: Handpari on August 11, 2021, 01:40:01 PM
Warm welcome in this bitcoin forum.

Yes, all we have some mistake at the beginning. If I share my worst first mistake in crypto life is I was very impatient and can not hold any coin, Thus I have lost the chance of getting some good profit. Still I am facing that issue but yeah it's lower than previous. :)
Your mistake was that you sold all of it.  Nothing wrong with selling some and taking a profit, but sell slowly into a raising market. No one can call the top or bottom of any market.  And rarely sell all of ANY INVESTMENT !!!


Title: Re: your worst mistake
Post by: Sihab76 on August 11, 2021, 11:51:05 PM
The worst experience of my life is that I bought Binance coin (BNB) at 40 per BNB and sold it for only $100 per BNB .A few days later, the price of the Binance Coin was $700. But the sad thing is that I converted the money I sold the binance coins into stable coins which don't give me any benifits .


Title: Re: your worst mistake
Post by: Fatunad on August 11, 2021, 11:54:27 PM
The worst experience of my life is that I bought a ান্স 40 Binson Coin and sold it for only 100 100.A few days later, the price of the Binary Coin was 700. But the sad thing is that I converted the money I sold the binance coins into stable coins.
Profit is considered profit but somehow if you do really tend to look back on what should be your potential earning if you havent sold earlier then that would really be giving off that regrettable kind of vibe
but we shouldnt really that be regretful because profit is profit even though its less but its better than have nothing at all.I have lots of experiences when it comes on selling early because i do already have
the doubts that it would directly ending up on no value once a pump do happen specially on shit coins  that had been pumped in the market.You cant tell if  on how far it would able to go.


Title: Re: your worst mistake
Post by: romero121 on August 11, 2021, 11:58:15 PM
The worst experience of my life is that I bought Binance coin (BNB) at 40 per BNB and sold it for only $100 per BNB .A few days later, the price of the Binance Coin was $700. But the sad thing is that I converted the money I sold the binance coins into stable coins which don't give me any benifits .
Everyone have similar experience. Looking those things we need to understand the growth of the market and act accordingly in the upcoming investments. Atleast you've bought it when the price was $40, and I bought it when the price was around $7 and sold when it turned $8. Bought around 100 coins. So nothing to worry, just go for the right investment strategy and book the profit.


Title: Re: your worst mistake
Post by: Cherylstar86 on August 12, 2021, 02:51:39 AM
My worst mistake was when I participated in buying the meme tokens that people fomo.  I rack realized I was trapped.  I bought one of the meme tokens when the garga was at its peak.  Then a severe dump.  And I lost, some of my money.  From that frustration I learned little by little in terms of trading.  I learned from the fundamentals and technicals of the coin.  And now it has started to improve a little in terms of trading.  Now I am very careful.  I take care of my emotions and greed in trading.
Though similar to that. Your experiences was truly worst. But, in my experience, my worst mistake was not buying profitable coins when prices are cheap, instead I buy coins when prices starting to increase and it was so risky. That time I don't think the possible result of the things that I did. Sometimes I sell my coins early because I need the profit. There are lots of worst mistakes I made in the past but I will try to learn on my mistakes and take it easy. I am now being careful especially to my emotions and I learn also that in every trading you must have techniques and strategies to earn.


Title: Re: your worst mistake
Post by: suryana on August 12, 2021, 04:12:25 AM
The worst experience of my life is that I bought Binance coin (BNB) at 40 per BNB and sold it for only $100 per BNB .A few days later, the price of the Binance Coin was $700. But the sad thing is that I converted the money I sold the binance coins into stable coins which don't give me any benifits .
It's true that this often happens to me, my friend. I sold the coins and after selling the coins it went up. But it's okay at least I'm grateful maybe that's all I got that day. Next, maybe I should be more patient and be able to learn long-term investing.


Title: Re: your worst mistake
Post by: Ridi on August 25, 2021, 07:30:16 AM
My worst or siilly mistake when I started I am new to this I always thinking in a greedy way and my plans too (greedy plans) I invest a big amount just for return profit and i dont have patience that time also lack of knowledge about Bitcoin.. And i lost all.
                      So don't panic, have patience, learn more about Bitcoin, don't plan in a greedy way, invest small amount on first investment.


Title: Re: your worst mistake
Post by: kapalmabur on August 25, 2021, 08:07:48 AM
My worst or siilly mistake when I started I am new to this I always thinking in a greedy way and my plans too (greedy plans) I invest a big amount just for return profit and i dont have patience that time also lack of knowledge about Bitcoin.. And i lost all.
                      So don't panic, have patience, learn more about Bitcoin, don't plan in a greedy way, invest small amount on first investment.
Of course what has happened to you is inseparable from your greed,
after all the choice is ours if something like that happens I think there are only two choices whether we will just regret it or we move forward and learn from the mistake,
what is clear is that whether investing or trading has a strategy to be successful


Title: Re: your worst mistake
Post by: BruceLee98 on August 25, 2021, 11:42:25 AM
I started my crypto journey few months ago and I have regretted so many mistakes of always missing out on Good and promising  projects. I also make the mistake of trading my emotions and Trying to go against the trend. I wish to see a course that could help me manage my trading journey and the risks involved.


Title: Re: your worst mistake
Post by: checkmatesir on August 25, 2021, 12:01:47 PM
A best question to ask here, there are many mistakes i had  made in the past when i was a newbie in the cyrpto market just like you. As when i started then i had lost most of money for the shit coins and they even didn't give me much profit, this is due to the lack of knowledge about cyrpo.


Title: Re: your worst mistake
Post by: carlisle1 on August 25, 2021, 12:20:30 PM
My biggest mistakes when it comes to crypto trading was definitely selling any Bitcoins before 2021. I remember in 2016 when I first started out with cryptos  I used bitcoins to easily trade CSGO skins. Selling a $500 knife or a $900 AWP into Fiat money was a nice trade for me back then. But if I just didn't convert all of the coins and saved some of them, they would have been so valuable today. Second biggest mistake was probably selling my doge coins in 2018.

Imagine back then you can have a whole BTC for that amount, memories of the past that you'll always have some regret in the back of your mind.

Back then that kind of trade already delight you for almost doubling your capital, but now you always have those
what if inside you, just holding a single BTC now would give you fortune now.

Mistake that you are not in control, but possible to learn a lot and not to repeat the same thing again.


Title: Re: your worst mistake
Post by: BigBos on August 25, 2021, 12:32:06 PM
My biggest mistakes when it comes to crypto trading was definitely selling any Bitcoins before 2021. I remember in 2016 when I first started out with cryptos  I used bitcoins to easily trade CSGO skins. Selling a $500 knife or a $900 AWP into Fiat money was a nice trade for me back then. But if I just didn't convert all of the coins and saved some of them, they would have been so valuable today. Second biggest mistake was probably selling my doge coins in 2018.
looks like selling before 2021 and selling doge at a cheap price is a pretty fatal mistake for all of us. personally, I even sold my digital assets in Q4 2020. one could say that it was a mistake that kept me thinking about what I was doing at that time. If only I had held back a little bit of the assets I've accumulated over the years, I might be a millionaire by now. but, it seems I'm not destined for it.


Title: Re: your worst mistake
Post by: bamb on August 25, 2021, 03:47:36 PM
Making mistakes in Cryptocurrency trading  should not be seen as set back or terrible thing  rather,  it should be seen as learning opportunities and indeed they are!   In my first year of trading,  the mistake I made was trading every pump and getting reckt when the pump dump! I think newbies should focus on how Cryptocurrency works and from their experience!


Title: Re: your worst mistake
Post by: chichigirl on August 25, 2021, 10:13:16 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !



My greatest mistake is selling my BTC and ETH way back 2 years ago. It was the big mistake for me. I did not expect that BTC and ETH price will going to increase. It was a bad decision for me.


Title: Re: your worst mistake
Post by: Wawa2013 on August 25, 2021, 10:27:42 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !



My greatest mistake is selling my BTC and ETH way back 2 years ago. It was the big mistake for me. I did not expect that BTC and ETH price will going to increase. It was a bad decision for me.

Don't be regret for the mistakes you have made, because the mistakes you made are also made by many people. The most important thing is that
we can learn from the mistakes we made and try to fix them and not repeat them again. There are still wide opportunities for success and wealth
from trading or investing in crypto. All successful people usually do make mistakes and experience failure first, but they managed to rise and correct
the mistakes they made.


Title: Re: your worst mistake
Post by: bct-user on August 25, 2021, 10:47:47 PM
My greatest mistake is selling my BTC and ETH way back 2 years ago. It was the big mistake for me.
Why don't you buy again? There are many chances to buy again before Bitcoin and Ethereum increase again to their new ATH. I think your biggest mistake is missing the chance to buy again. In 2020 or even in early 2021, is a good time to buy. You must be aware that this year is a bullish time. Why you don't prepare your crypto assets?

Anyway, it shouldn't be a big mistake as long as you could take profits from selling them. I also sold my BTC or ETH each year, but I will buy again in the bearish season.



Title: Re: your worst mistake
Post by: Mahanton on August 25, 2021, 10:53:07 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !



My greatest mistake is selling my BTC and ETH way back 2 years ago. It was the big mistake for me. I did not expect that BTC and ETH price will going to increase. It was a bad decision for me.
For sure majority of people does have the same mistake on where we didnt really expect for Bitcoin and other top altcoins like ETH to soar up this high but it doesnt mean
that we couldnt really get in as of this moment which its normal to have those hindrance because the price is way too high but considering that we could still buy some fractions
or on small parts then it up to our own choice. Mistakes are inevitable but we do really learn from it.


Title: Re: your worst mistake
Post by: thet on August 26, 2021, 08:44:05 AM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !


Selling my bitcoin and ETH because i am expecting that the price of those currency will never go back and totally gone. I am a new in trading that time and no advisers when it comes to trading. My lack of experience and lack of knowledge in crypto currency and trading is a big mistake. In trading, knowledge is the most important.


Title: Re: your worst mistake
Post by: Cherylstar86 on August 26, 2021, 12:48:50 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !


Selling my bitcoin and ETH because i am expecting that the price of those currency will never go back and totally gone. I am a new in trading that time and no advisers when it comes to trading. My lack of experience and lack of knowledge in crypto currency and trading is a big mistake. In trading, knowledge is the most important.
Indeed. Selling it early is the common mistakes that traders did. It was also my mistake. I also made lots of mistakes in the past because we can never avoid it. I made lots of mistakes that time, it is because I don't have enough knowledge about it and lack of experiences. I will try to learn from all of my mistakes and take it easy. I will also made this as my inspiration to earn higher profit. Don't forget also that knowledge is very important in trading.


Title: Re: your worst mistake
Post by: conected on August 26, 2021, 04:06:21 PM
Making mistakes in Cryptocurrency trading  should not be seen as set back or terrible thing  rather,  it should be seen as learning opportunities and indeed they are!   In my first year of trading,  the mistake I made was trading every pump and getting reckt when the pump dump! I think newbies should focus on how Cryptocurrency works and from their experience!
- You'd better keep the original meaning of failure intact, don't cover it up as a lesson, there's no lesson here for you, more precisely, you've failed and this scar will stick with you but at least you have to become a virtual doctor, operating on the wound to know what agent has affected you, this process is called your lesson, want to learn more, such a learning opportunity belongs to the conversation about crypto leaders, experts in market commentary. In short, failure is not a learning opportunity, don't make excuses and live under the scar of a failure until you succeed.


Title: Re: your worst mistake
Post by: ItsCrafty on August 26, 2021, 05:20:41 PM
Probably I lost most of my money in buying shit coins and another thing i loss most of my money for not having much patience in trading. Like i wanna tell you about these mistakes are most common and can be found in every new trader as well as some old traders didn't have patience yet , which is probably a part of trading.


Title: Re: your worst mistake
Post by: xwshamim on August 27, 2021, 06:42:51 PM
My mistake was i was greedy and lost a lot of money then again i was impatient Couldn't hold as much i needed to hold.  Both of this are my mistakes


Title: Re: your worst mistake
Post by: Fredomago on August 27, 2021, 10:59:07 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !


Selling my bitcoin and ETH because i am expecting that the price of those currency will never go back and totally gone. I am a new in trading that time and no advisers when it comes to trading. My lack of experience and lack of knowledge in crypto currency and trading is a big mistake. In trading, knowledge is the most important.

Learned things the hard way, there are many newcomers who bought from the peak, those who invested between 2017-18 when the huge pumped happened and eventually suffered with the hard fall.

Thinking that everything is just a scam since that they can't imagine buying from $20K then went down reaching the low of $3K a very disappointing experienced.

Some went out and never comeback, while others take extra time to go deep and understand more about this volatile nature.
They are now enjoying for choosing not to quit but to learn more about this industry.


Title: Re: your worst mistake
Post by: travwill on September 21, 2021, 09:49:13 PM
I always follow Elon musk announcement and instructions but very recently I invested dogecoin and Bitcoin following elon musk tweeted but trust me I already lost more than $3650  tweeted from Elon musk tesla company suspended bitcoin . What's a crucial decisions made by elon musk!!!

It's my the worst mistake...

You should think for with your own head.
Elon Musk "just says" and you take action. He first says bitcoin is good, then he buys bitcoin, then sells it for a "test," and then he says bitcoin is bad because ecology is important.
You repeat all these actions after him? What's the point of this.



Title: Re: your worst mistake
Post by: stomachgrowls on September 21, 2021, 09:56:25 PM
I always follow Elon musk announcement and instructions but very recently I invested dogecoin and Bitcoin following elon musk tweeted but trust me I already lost more than $3650  tweeted from Elon musk tesla company suspended bitcoin . What's a crucial decisions made by elon musk!!!

It's my the worst mistake...

You should think for with your own head.
Elon Musk "just says" and you take action. He first says bitcoin is good, then he buys bitcoin, then sells it for a "test," and then he says bitcoin is bad because ecology is important.
You repeat all these actions after him? What's the point of this.



Total dumb kind of thing when someone is really that obsessed on following some in regards on making their investment decisions.This is something that everyone should really be aware off that they are just investors too

even though they are financially capable on moving out markets but doesnt mean that every sentiment or words they would say were actually true or something that guarantees out movement in the market.

Always take consideration on making your own movement or decisions without relying with those sentiments but somehow those things are bit relevant on some point.


Title: Re: your worst mistake
Post by: chichigirl on September 21, 2021, 11:28:21 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !


My worst mistake is getting panic when the price of BTC go down. I always do some selling with it until I finally stop it since i already get more losses than earning. When you are new into something, it is important to learn first before doing anything because you may get more losses when you trade without any idea how to manage your investment.


Title: Re: your worst mistake
Post by: bitcoinst on September 22, 2021, 05:04:19 PM
I always follow Elon musk announcement and instructions but very recently I invested dogecoin and Bitcoin following elon musk tweeted but trust me I already lost more than $3650  tweeted from Elon musk tesla company suspended bitcoin . What's a crucial decisions made by elon musk!!!

It's my the worst mistake...

You should think for with your own head.
Elon Musk "just says" and you take action. He first says bitcoin is good, then he buys bitcoin, then sells it for a "test," and then he says bitcoin is bad because ecology is important.
You repeat all these actions after him? What's the point of this.



Agree. It makes sense to use "jolts" from Elon and others like him in order to make money in the short term.
However, there is no point in blindly following his statements, given that he has a rather mediocre relationship to the crypto world. You must always think with your own head and in advance.


Title: Re: your worst mistake
Post by: rahmatullah9305 on September 22, 2021, 07:00:39 PM
A few mistakes became an experience for me, bad times in trading happened to me due to panic at the start of the year trading in crypto. I sold them early because I was afraid the losses would be bigger, this was because I didn't understand the potential of altcoins and didn't know the market conditions. Plus daily necessities made me sell them faster, and this is also my fault for lack of financial management.


Title: Re: your worst mistake
Post by: Alisha FR on September 22, 2021, 08:54:25 PM
My worst or siilly mistake when I started I am new to this I always thinking in a greedy way and my plans too (greedy plans) I invest a big amount just for return profit and i dont have patience that time also lack of knowledge about Bitcoin.. And i lost all.
                      So don't panic, have patience, learn more about Bitcoin, don't plan in a greedy way, invest small amount on first investment.
You have to learn from your mistakes and make the worst experiences a lesson for the future. As the saying goes "experience is the best teacher" so even though we know a lot about the state of the market if it is not accompanied by experience, we may also take the wrong action. Greed only makes us regret. so get rid of thoughts of sudden riches, all must be passed with patience.


Title: Re: your worst mistake
Post by: Quidat on September 22, 2021, 08:59:34 PM
My worst or siilly mistake when I started I am new to this I always thinking in a greedy way and my plans too (greedy plans) I invest a big amount just for return profit and i dont have patience that time also lack of knowledge about Bitcoin.. And i lost all.
                      So don't panic, have patience, learn more about Bitcoin, don't plan in a greedy way, invest small amount on first investment.
You have to learn from your mistakes and make the worst experiences a lesson for the future. As the saying goes "experience is the best teacher" so even though we know a lot about the state of the market if it is not accompanied by experience, we may also take the wrong action. Greed only makes us regret. so get rid of thoughts of sudden riches, all must be passed with patience.
You wont learn if you wont be gaining some experience.So its a casual stuff to experience on.You wouldnt really make yourself better if you do just simply on idle state.
Mistakes cant really be avoided but somewhat can be lessen on the time that you are already knowledgeable and been aware on how things do works on this market.
Dont tend to go and repeat or mind off again and again with your past mistake because this would just really a big hindrance for you to be better.


Title: Re: your worst mistake
Post by: Luke Briggs on September 25, 2021, 08:14:48 AM
My first mistake was to panic sell the currency when prices fell and invest emotionally. Now that I have set stop losses on some coins, I will believe in valuable coins and continue to hold them.


Title: Re: your worst mistake
Post by: nurilham on September 25, 2021, 04:15:22 PM
panicked too much and sold it too fast, from that I got a big loss. I even gave up but I remember that I didn't come to give up, failure is not the end of it all. from there I began to learn to understand the crypto market, understand trading strategies and continue to practice trading with capital little by little. Past failures do not need to be thought about and lamented, just take the important point where the mistake lies and learn from it for the next trading strategy. that is why a trader must have his own strategy in trading and must understand the market very well. because the main key in trading is accuracy and patience.


Title: Re: your worst mistake
Post by: blockman on September 25, 2021, 05:11:55 PM
My first mistake was to panic sell the currency when prices fell and invest emotionally. Now that I have set stop losses on some coins, I will believe in valuable coins and continue to hold them.
Majority of the people who once became a newbie did panic sold. It's a mistake that we're all have learned with our experiences and that's why as we stay on the market for so long. It had taught us to be tough and remove the panicking attitude because it's not going to help us during the market dips.
It is better to stay calm as you observe the market closely because that will make you place at a better position if you can already read what will happen next.


Title: Re: your worst mistake
Post by: Cadaver20 on September 25, 2021, 06:38:05 PM
I am not a professional trader.  But even then I occasionally trade some tokens or coins. I am an emotional trader. I bought a token about a year ago. There is also a small profit after buying the token but I did not sell in the hope of making more profit. Then it gets a huge dump and after a while it becomes delisted from the market.  I lost my 100% capital. Don't buy shit token.


Title: Re: your worst mistake
Post by: Patigi on November 20, 2021, 07:17:41 PM
My worst mistake it was a day I sold out one of my altcoin, I sold out a coin I bought worth 20$ and when it pump to 70$ between two days I sell if off, after selling it, it start pumping more more and more. Between seven days the coin have increase in price massively. Do to my own calculation  if I have leave the coin still that seven days  I should be cashing out more than 900$. I sell out the altcoin because my tell me that the will soon dump because the is not yet listed in to exchanges like binance


Title: Re: your worst mistake
Post by: TinaK on November 20, 2021, 11:49:38 PM
My worst mistake it was a day I sold out one of my altcoin, I sold out a coin I bought worth 20$ and when it pump to 70$ between two days I sell if off, after selling it, it start pumping more more and more. Between seven days the coin have increase in price massively. Do to my own calculation  if I have leave the coin still that seven days  I should be cashing out more than 900$. I sell out the altcoin because my tell me that the will soon dump because the is not yet listed in to exchanges like binance
Dont blame yourself because that is a part of a game but at least you have profited in that way rather than have a lose your investment.
I have once had the same scenario as yours, I have been holding a coin that I thought was an ATH, but after a few days it was pumped so much that almost 50% from the previous price which I sold my coin, sounds frustrating but that is fine. 

We should not regret if we already earn. That is how crypto works, because of our inpatients sometimes our action goes wrong but at least this is not worst.


Title: Re: your worst mistake
Post by: Rehan Zakir on November 21, 2021, 06:22:51 PM
My worst mistake is that I got a airdrop of  50 Solana coin at binance exchange before one year ago. I sold these coins at the price of 1$. And now, when I see the price of Solana coin I feel very embarrassment. Because I feel I sold solana coins at very cheap price and now it's 200x from my selling price


Title: Re: your worst mistake
Post by: Smitty Werben Man Jensen on November 21, 2021, 07:13:23 PM
My worst mistake is that I got a airdrop of  50 Solana coin at binance exchange before one year ago. I sold these coins at the price of 1$. And now, when I see the price of Solana coin I feel very embarrassment. Because I feel I sold solana coins at very cheap price and now it's 200x from my selling price
I think many people have experienced this and I myself have experienced the same thing.
looking at the current price of solana, there must be a sense of regret when selling it when the price is still cheap and I think that is a natural thing,
every incident will always have a lesson


Title: Re: your worst mistake
Post by: Alisha-k on November 22, 2021, 04:29:08 PM
I believe everyone has had one or more bad encounters in trading, mine was as a result of lack of patience, I had a coin I was holding and at the time the coin had not added value, I lost hope in it and sold it out only for the coin to appreciate almost immediately.
It's been a long time and I've been able to work on my patience to a very great extent


Title: Re: your worst mistake
Post by: cloudfir3e on November 22, 2021, 05:16:01 PM
my first trading mistake was when i bought bitcoin at $4000 and at that time i had plans to hold it for 5 years. but when the bitcoin price went pump to $10,000 i started selling all the bitcoins in my wallet.
i felt that selling at $10,000 was already the highest price, but it turned out that my thoughts were wrong and the current bitcoin price reached $60,000
maybe if i still hold the bitcoin in the wallet, i get $60,000


Title: Re: your worst mistake
Post by: Hobo66 on December 17, 2021, 02:26:49 PM
Nobody is perfect at the beginning we also make a lot of mistakes at start as we do not have enough education about trading. When I first enter and start crypto trading then I often lost my money just because I buy the coin at high price when it become in dip then I sell that coin as I have no knowledge about holding of coins. As a result of which I lost my money due to my own mistakes. But now I have overcome these kind of mistakes.


Title: Re: your worst mistake
Post by: TheEconomists on December 17, 2021, 02:41:59 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
My first mistake was when I used the high lots size which I do used in my demo account in my real account and that action wipes out the whole of my money in the real account within the couple of minute.


Title: Re: your worst mistake
Post by: zulfi125 on December 17, 2021, 04:03:19 PM
Good to see you on the forum and I hope you will enjoy the discussion on this forum, my worst mistake at the beginning year was investing in a cloud mining website 3 BTC and that website is gone forever and I can't forget this is my worst mistake.


Title: Re: your worst mistake
Post by: Sihab76 on December 17, 2021, 10:19:25 PM
My first mistake was to panic sell the currency when prices fell and invest emotionally. Now that I have set stop losses on some coins, I will believe in valuable coins and continue to hold them.
It is never right to invest and trade cryptocurrency out of emotion. There are many people who invest emotionally without any idea about the project. The result is that a lot of big losses have been incurred due to a misconception.


Title: Re: your worst mistake
Post by: Qikiye on December 18, 2021, 01:05:58 PM
I invested in many projects in 2018 but most of the projects have disappeared from the market. As a result, most projects are now worthless, which is a much worse experience for me.


Title: Re: your worst mistake
Post by: nhaila on December 18, 2021, 01:50:08 PM
My worst mistake was sell early. Lots of worst mistake I had mad in the past.
I will try to learn from my mistake and take it easy
I had more than 100 beyond protocol BP token from bounty campaign but when price more than $38 per beyond protocol then I consider it would be touched $100 very soon but my great mistakes that it now on $6 dollars today.


Title: Re: your worst mistake
Post by: carrigan on December 18, 2021, 02:31:51 PM
I am grateful that I have never made a fatal mistake so far in crypto. Maybe some of what I've experienced are errors that are classified as small to moderate. I'm usually too rash and can't control my emotions, but I was very lucky because there was a friend of mine who continued to guide me when I just entered trading so that I could control my emotions well.


Title: Re: your worst mistake
Post by: Fredomago on December 18, 2021, 09:06:32 PM
I am grateful that I have never made a fatal mistake so far in crypto. Maybe some of what I've experienced are errors that are classified as small to moderate. I'm usually too rash and can't control my emotions, but I was very lucky because there was a friend of mine who continued to guide me when I just entered trading so that I could control my emotions well.

The beauty of having someone who could understand the market or business well is the guidance that they can provide when you are dealing around, they can guide you and inform you the proper ways of dealing with this venue of investment, it can give you hint that you needed to adjust each time the market failed you.

Recovering is not far from happening and having some good gains is expected to take place.

All you have to do is to assess and listen carefully. Some strategy will be shared, those proven ways in controlling your emotions.


Title: Re: your worst mistake
Post by: Wipeout2097 on December 18, 2021, 09:27:06 PM
Making mistake is the verification you're doing something but rehashing mistake it cruel you're not improving.The more awful botch I did from the exceptionally starting is depending all on exchanging. Since you know not all the time merely win all your position within the showcase and in some cases there are fair coins you fair need to hold particularly after you got in early where its costs is exceptionally cheap. So do not fair depend on the profit you make in exchanging. Get expertise in trading and also should have plan B to pay bills and survival.


Title: Re: your worst mistake
Post by: galambo on December 20, 2021, 01:08:28 PM
My worst mistake was keeping my coins at one wallet. When that wallet was hacked, all my coins along with my hard work gone. It was a life time lesson that "never place all your eggs in one basket". It was terrible mistake, I wish I could have avoided that. But done is done, we have to keep moving. Learn from your mistakes rather then cursing them.


Title: Re: your worst mistake
Post by: sulendra12 on December 20, 2021, 02:42:13 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
Gamble out my all money(I mean from the bitcoin of course not my whole real life money), doesn't know when to stop on trading that makes me suffer with losses for quite long in 2017-2018 where the price was really high at that day, doesn't read about the reviews of those exchanges because I have fell of quite so many times because of overwhelming KYC those exchanges implemented and many more.


Title: Re: your worst mistake
Post by: Masplanc on December 20, 2021, 03:21:49 PM
My worst mistake is not taking trading serious at the initial when I had opportunity to learn it for free, when I ever I think about it I feel I have miss a lot. Then that was the best time to learn trading for me, I was not occupied  by anything. Now am learning trading by all means , I don't even have time because of my job but I still have to make time to learn it.


Title: Re: your worst mistake
Post by: kapalmabur on December 20, 2021, 03:45:19 PM
My worst mistake was keeping my coins at one wallet. When that wallet was hacked, all my coins along with my hard work gone. It was a life time lesson that "never place all your eggs in one basket". It was terrible mistake, I wish I could have avoided that. But done is done, we have to keep moving. Learn from your mistakes rather then cursing them.
It should be a lesson for others so that they do not keep coins in one wallet only because it is very risky,
we know for ourselves that hackers have different ways of doing hacks and this is very troubling,
for the future we must always be careful of the bad possibilities that happen


Title: Re: your worst mistake
Post by: Slow death on December 20, 2021, 04:06:00 PM
My worst mistake was sell early. Lots of worst mistake I had mad in the past.
I will try to learn from my mistake and take it easy
I had more than 100 beyond protocol BP token from bounty campaign but when price more than $38 per beyond protocol then I consider it would be touched $100 very soon but my great mistakes that it now on $6 dollars today.

This is a big mistake, you already had a lot of profit and you had a good amount of money and you didn't sell because you were more greedy and wanted more profit. but the question now is:

Do you think this altcoin will go up a lot or is it time to sell and take the profit before it drops even lower than $6?

That's what you have to worry about and decide


Title: Re: your worst mistake
Post by: og kush420 on December 20, 2021, 06:59:20 PM
My biggest mistake was selling at bitcoin at the very start of this bull run. I had btc (not complete but satoshis ) when it was 10k and I sell helf of m holdings when btc was 20k and remaining when btc touched 25k. See yourself how much profit I missed by selling btc so early. Though I have profit but still i consider it as my biggest mistake.


Title: Re: your worst mistake
Post by: blockman on December 20, 2021, 10:48:28 PM
My worst mistake was keeping my coins at one wallet. When that wallet was hacked, all my coins along with my hard work gone. It was a life time lesson that "never place all your eggs in one basket". It was terrible mistake, I wish I could have avoided that. But done is done, we have to keep moving. Learn from your mistakes rather then cursing them.
What wallet is that? an online wallet in which you don't have the private keys or an exchange wallet which is just the same in the definition? You've learned from that mistake and the egg quote, it's also applicable in investing that you don't only put that in a single basket and you need to diversify if you think that there's more into other coins. With these mistakes that we do, we're learning from them and we're also helping the others through guiding them on what they must do to avoid committing that mistake.


Title: Re: your worst mistake
Post by: Lanatsa on December 20, 2021, 10:57:35 PM
My biggest mistake was selling at bitcoin at the very start of this bull run. I had btc (not complete but satoshis ) when it was 10k and I sell helf of m holdings when btc was 20k and remaining when btc touched 25k. See yourself how much profit I missed by selling btc so early. Though I have profit but still i consider it as my biggest mistake.
Profit is profit and this is how you should be thinking because if you do still keeps coming back and made out some regrets then you cant really move on and instead you would really be
that hesitant on making out such move in terms of your investment just because you are scared to do so.

Move on and learnt up from those mistakes to make yourself even more better and more knowledgeable on how this market moves. Mistakes are inevitable
but doesn't mean that you aren't good.

Learnings do came from those mistakes and you would learn from that.


Title: Re: your worst mistake
Post by: livingfree on December 20, 2021, 11:24:34 PM
My biggest mistake was selling at bitcoin at the very start of this bull run. I had btc (not complete but satoshis ) when it was 10k and I sell helf of m holdings when btc was 20k and remaining when btc touched 25k. See yourself how much profit I missed by selling btc so early. Though I have profit but still i consider it as my biggest mistake.
Everyone does that.

We've got into the point that we want to sell at $20k because that was the highest on 2017. And last year, when the bull run has started, we're surprised and happy to see it come back there.

And in excitement, we just dumped it on that price because that was the highest that we've seen not knowing that the bull run will continue further.


Title: Re: your worst mistake
Post by: Dr.Osh on December 21, 2021, 10:57:30 AM
At the very beginning of my trading life , when I was new in this crypto space, I bought a coin which pumped so much that was approximately 50x more than my investment but i didn't sell those. After a few days latter that dumped and  still hold in my wallet. I discover that it is not possible to regain the coin price. That was my ignorance and worst mistake.
LOL, this is the opposite of me. the first time i tried to trade, i bought a coin which was in a big dump. well, I don't know what coin it is, but I thought that it would bounce back, and bought some. unfortunately, it turned out to be a scam coin, where the dump happened because people realized it. well, it happened at the beginning of my introduction to crypto. well, it immediately gave me a real experience. luckily, i tried to trade only a few bucks.


Title: Re: your worst mistake
Post by: panukurap on December 21, 2021, 01:31:13 PM
My worst mistake at the start of trading was that I still had a hard time controlling my own emotions and almost lost my temper and wanted to sell coins when the market was dumping because I was panicking and confused. Fortunately a Bitcoin friend of mine always guides and directs me at the beginning of my trading, every time I get emotional he always calms me down and tells me to stay positive no matter what will happen in the future.


Title: Re: your worst mistake
Post by: VanityWallets2015 on December 21, 2021, 02:35:23 PM

Aside form not being able to filter out meticulously the coins that I have invested with, which later on became worthless, this is also one of my greatest mistakes when I first started here. I agree that the excitement has brought me to take such decision, and with a mindset that the price might go down any moment if I miss the chance to take it.


Title: Re: your worst mistake
Post by: carlisle1 on December 21, 2021, 05:15:57 PM
My biggest mistake was selling at bitcoin at the very start of this bull run. I had btc (not complete but satoshis ) when it was 10k and I sell helf of m holdings when btc was 20k and remaining when btc touched 25k. See yourself how much profit I missed by selling btc so early. Though I have profit but still i consider it as my biggest mistake.
Everyone does that.

We've got into the point that we want to sell at $20k because that was the highest on 2017. And last year, when the bull run has started, we're surprised and happy to see it come back there.

And in excitement, we just dumped it on that price because that was the highest that we've seen not knowing that the bull run will continue further.

Thinking that it will just another quick pump? I feel you, I also made that mistake. I was excited by how the market went wild

and I sell my save Bitcoin but to my surprise the market just jump for more, ;D a good experienced, no regret since I already have good profits

from where I first bought those assets, we should always move forward and think ahead. A mistake is a mistake that we can correct

or we can enhance if we do know how to accept. Things like this are not new to everyone for sure.


Title: Re: your worst mistake
Post by: airdata on December 23, 2021, 03:48:20 AM
My worst mistake was sell early. Lots of worst mistake I had mad in the past.
I will try to learn from my mistake and take it easy
In crypto, i have lots of mistake but my first big mistake was that i bought a Coin without and experience, just i follow my friend, he bought a coin, and also i buy same coin, at the end i lost my balance.       


Title: Re: your worst mistake
Post by: Zilon on December 23, 2021, 07:13:30 AM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
A big welcome to the forum. My worst mistake in the trading line is having multiple trades open at the same time with a $100 account size. At first I was on profit but all of a sudden the trend changed and wiped off all I had and I was too greedy to close the trade on time having a strong feeling the market would likely reverse back but that was how I was left with $0


Title: Re: your worst mistake
Post by: coinism on December 23, 2021, 07:22:18 AM
Ahh the biggest mistake!!! My biggest mistake was joining the signalling groups in lust of getting rich overnight. I joined 4 to 5 such groups in my early days of crypto investment and I almost pay them 500$ in a month and bear heavy losses in my investment also. The lesson was learned but I paid heavy amount learning that lesson.
Key takeaway: Never join any signaling group.   


Title: Re: your worst mistake
Post by: Peanutswar on December 23, 2021, 11:29:35 AM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
A big welcome to the forum. My worst mistake in the trading line is having multiple trades open at the same time with a $100 account size. At first I was on profit but all of a sudden the trend changed and wiped off all I had and I was too greedy to close the trade on time having a strong feeling the market would likely reverse back but that was how I was left with $0

Well its normal in trding i guess you hit the beginners luck because you win a good trade this is the reason why in we keep trading we must need to keep our emotions as part of the tradign because this might gives us a good or bad outcome. This is just a lesson learn i guess if we analyze most of our mistakes we figure it out whats wrong and we can avoid those in our next trades.


Title: Re: your worst mistake
Post by: pgbit on December 23, 2021, 01:22:08 PM
When I was a newbie I loss my money by trading my worst mistake was I traded without any knowledge about trading and crypto so I also suggest you if you are new. first, get the knowledge of crypto trading because it is so difficult without experience and knowledge you will lose all money .


Title: Re: your worst mistake
Post by: iv4n on December 23, 2021, 01:29:02 PM
When I was a newbie I loss my money by trading my worst mistake was I traded without any knowledge about trading and crypto so I also suggest you if you are new. first, get the knowledge of crypto trading because it is so difficult without experience and knowledge you will lose all money .

I believe that all trading mistakes are our losses basically! Mistake equals money loss, so a bigger mistake equals a bigger loss! It's the same when we buy something and the price drops and when we didn't buy and the price went up! To buy/sell or not to buy/sell a daily crypto trading dilemma, and I guess we all make mistakes more often than we would admit, but what's matters is that we make good moves as well... not every day can be a perfect day!


Title: Re: your worst mistake
Post by: 2girls on December 24, 2021, 02:44:43 PM
I think my worst mistake is that i purchased a token by the long term but i sold in short time this bad habit i Many time receive a big loss so i advice to everyone please anyone buy token and the Token price down so kindly not sell your token into the loss the great way is that you hold there token and the price rise so sell the trading main and hard point is holding if you hold so you got profit.


Title: Re: your worst mistake
Post by: Sihab76 on December 24, 2021, 10:52:04 PM
When I was a newbie I loss my money by trading my worst mistake was I traded without any knowledge about trading and crypto so I also suggest you if you are new. first, get the knowledge of crypto trading because it is so difficult without experience and knowledge you will lose all money .
When you were a newbie then you have a little bit knowledge and experienced about cryptocurrency trading platform, projects and exchanges. But now you have enough knowledge and experienced then you can now get profits from every trade.


Title: Re: your worst mistake
Post by: LUCKMCFLY on December 27, 2021, 04:31:57 PM

Aside form not being able to filter out meticulously the coins that I have invested with, which later on became worthless, this is also one of my greatest mistakes when I first started here. I agree that the excitement has brought me to take such decision, and with a mindset that the price might go down any moment if I miss the chance to take it.

I only had one mistake with a coin and it was not having sold when it was at its highest price, it reached 20USD, because I was thinking that the price was going to reach 50usd or more, I did not sell because I was thinking like the others and that "Hodl" and That does not work in altcoins and less when they are nascent projects and I have seen a number of people who are making that mistake with the tokens that are from NFT games, they say that Hodl and that does not apply, while you say Hodl there is another that is dump to the currency no matter what, lowering the price and probably never going up again.


Title: Re: your worst mistake
Post by: carlisle1 on December 27, 2021, 06:22:53 PM


I only had one mistake with a coin and it was not having sold when it was at its highest price, it reached 20USD, because I was thinking that the price was going to reach 50usd or more, I did not sell because I was thinking like the others and that "Hodl" and That does not work in altcoins and less when they are nascent projects and I have seen a number of people who are making that mistake with the tokens that are from NFT games, they say that Hodl and that does not apply, while you say Hodl there is another that is dump to the currency no matter what, lowering the price and probably never going up again.


After the dump it will never comeback, those who keep saying to continue holding are also the one who keep dumping their bag holds.

There are many a like of this experienced, out of greed or out of knowledge they are losing the opportunities but for those who accept their faith

they are more likely to move forward and push for a brand new start.

Mistakes can be corrected if you acknowledge it the right way. Take time and analyze it gives you a chance to grow and learn.


Title: Re: your worst mistake
Post by: CDC AP on January 03, 2022, 05:12:08 PM
My worst experienced in the very beginning of my trading is that I have no patience and felt panic every time and always chasing to buy even the value is too high than my sell, which give me a huge losses. But I already learned and now I can manage my trading very well. Learning from your mistake is really helpful.


Title: Re: your worst mistake
Post by: ReiMomo on January 03, 2022, 05:29:32 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

The worst mistake was panic selling and buying when there was a sudden spike or dip. I lost almost 80% of my invetsment and yes that was the moment decided not to either buy or sell when there is manipulation in the market. And yes this really helped me to first save my capital and it taught me to be patient enough to handle the market. Many might have had such experiences in the beginning I am sure.


Title: Re: your worst mistake
Post by: stomachgrowls on January 03, 2022, 09:24:35 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

The worst mistake was panic selling and buying when there was a sudden spike or dip. I lost almost 80% of my invetsment and yes that was the moment decided not to either buy or sell when there is manipulation in the market. And yes this really helped me to first save my capital and it taught me to be patient enough to handle the market. Many might have had such experiences in the beginning I am sure.
Buy high and Sell low on which this had been the most common problem on being a noob but also into those veteran traders out there on which you could really commit out these kind of mistakes if you

arent sensible nor minding off about your actions towards trading on which you would be ending up on messing your trades which it is sensible that you should learn from those mistakes on which you would able to enhance the way you do trade.

You wont really be more getting better if you wont really  learn from those mistakes thats why they do play a big role.


Title: Re: your worst mistake
Post by: Smitty Werben Man Jensen on January 03, 2022, 10:32:09 PM
My worst experienced in the very beginning of my trading is that I have no patience and felt panic every time and always chasing to buy even the value is too high than my sell, which give me a huge losses. But I already learned and now I can manage my trading very well. Learning from your mistake is really helpful.
There are many people who have experienced this and myself too.
it is better for people who want to start trading make sure you have prepared everything in advance,
Having knowledge and skills is very important and it can make us not easily panic, besides that, mentally we must also be prepared


Title: Re: your worst mistake
Post by: Richycryp on January 03, 2022, 10:56:45 PM
One of the mistake I have made is that I always want to sell at the wrong time, because I'm always afraid when the market is going down. So I do ruch and pull out from the market to save myself from losing more. Market deserve you to be patient with her. For example you may buy a coin with $1,000 and after few hours you starting losing More than $300. be patient no need to panic the market will be back again, but it will take some time and it required some patient.


Title: Re: your worst mistake
Post by: bakasabo on January 04, 2022, 10:03:08 AM
One of mistakes I've made in my past was forgetting about trading orders made. I have decided to buy an altcoin for BTC, and made an buy order with price 25% lower than its current price. I though I was smart and if the price drops, or someone mistakenly makes a sell order with wrong price, my order will trigger.  As I dont trade frequently, I have completely forgotten about it. I think a week has passed when I've logged in and found that my portfolio's value is unusually low. When I checked out history, it turned out that I've bought an altcoin for 0.004 BTC, while its current price is 0.0025 BTC. Turned out that the altcoin was on pump&dump period and my order was filled during dump...


Title: Re: your worst mistake
Post by: Woodie on January 04, 2022, 11:07:37 AM
Some of the mistakes i made when trading crypto was listening and waiting for the general populous to say buy now or sell now because it worked once and when i checked my return on income after several months of traing using this strategy i realised i was 50% in loses and it was at this point i had taken interest to learn technical analysis which has actually given me better understanding and profitability and would would advice everyone to learn this too.


Title: Re: your worst mistake
Post by: mich on January 04, 2022, 11:26:04 AM
The worst mistakes I have made with bitcoin in losing my password for my wallet and panic selling when I had no reason to do it.
When looking back both are not wise things to do and patience and caution will help you hodl on to your bitcoins for years to come.


Title: Re: your worst mistake
Post by: boyptc on January 04, 2022, 06:52:23 PM
Unfortunately, I could make various mistakes in the process of work, which brought me a loss. Fortunately, the positive result still dominates.
Then you're good enough for that if that makes you still make good result.

Not all traders that creates a lot of mistake still ends up with positive result because many of them ending up with disappointment and don't want to continue anymore.

In that case, they're into negative result and makes them no longer to continue.


Title: Re: your worst mistake
Post by: ScamViruS on January 04, 2022, 08:52:37 PM
My worst mistake was that I traded without proper analysis. The result was something very bad for me, which led me to huge losses. Before trading any coin, it is more important to analyze the chart than to analyze the current state of the project. Because the price of that coin will increase and the future prospects will depend on how much development the project team is doing for that project. And I had no idea about these things at the beginning of my crypto journey, for which I had to make huge losses.


Title: Re: your worst mistake
Post by: LUCKMCFLY on January 07, 2022, 04:38:58 PM


I only had one mistake with a coin and it was not having sold when it was at its highest price, it reached 20USD, because I was thinking that the price was going to reach 50usd or more, I did not sell because I was thinking like the others and that "Hodl" and That does not work in altcoins and less when they are nascent projects and I have seen a number of people who are making that mistake with the tokens that are from NFT games, they say that Hodl and that does not apply, while you say Hodl there is another that is dump to the currency no matter what, lowering the price and probably never going up again.


After the dump it will never comeback, those who keep saying to continue holding are also the one who keep dumping their bag holds.

There are many a like of this experienced, out of greed or out of knowledge they are losing the opportunities but for those who accept their faith

they are more likely to move forward and push for a brand new start.

Mistakes can be corrected if you acknowledge it the right way. Take time and analyze it gives you a chance to grow and learn.

If indeed, it was after that experience that I started reading the books of already seasoned speculators like Jesse Livermore, Rochard Wyckoff, then I went on to other authors like Warren Buffet and had an idea of what their thinking was like for trading operations. and investments, after that I understood very well that all altcoins depend on BTC, that none have a life of their own, and having that clear, I understood what happens to altcoins when the BTC rises or falls and what their impact is depending on the btc trend.


Title: Re: your worst mistake
Post by: Pamadar on January 08, 2022, 07:52:40 AM
Unfortunately, I could make various mistakes in the process of work, which brought me a loss. Fortunately, the positive result still dominates.
Then you're good enough for that if that makes you still make good result.

Not all traders that creates a lot of mistake still ends up with positive result because many of them ending up with disappointment and don't want to continue anymore.

In that case, they're into negative result and makes them no longer to continue.

Frustrations and regrets kill the passion of being a trader. Once you've been occupied, you'll find yourself losing control..

It's good to see that even there are many failures and mistakes, he still managed to cope up and make his trading participation
profitable, and like what you just said, not all are capable of doing that.

You are the driver of your fate. If you are keen on learning the very deeper part of this business, you can make things positive
along the way.


Title: Re: your worst mistake
Post by: ReiMomo on January 09, 2022, 06:50:26 PM
Worst things were, I borrowed and invested in best coins but what happened is, I expected a turn over every month to close off the debts. But as you all know due to market fluctuations, I could not take profits every month as expected and what I did was, sold off coins to the amount I have to pay debts in LOSS every month. So here I have learnt, Never borrow and invest. And never get into panic sell or buy. This will really trap you down at loss.


Title: Re: your worst mistake
Post by: milewilda on January 09, 2022, 10:26:59 PM
recently i made a big mistake in my crypto life, yes i lost $1000 in futures trading on binance,
i am now really frustrated with this loss, and i'm tired of playing futures again, really sucks,
How? should i be able to hold this emotion mate?, seeing my balance going to 0 on binance makes my heart hurt even more.
You shouldn't do futures if you've been losing there all the time. It's not for everybody and you should just stay with the spot for you to practice first there.
And when you think that you're already prepared to get into another level of trading, then, that's the right time for you to scale up and do futures. I've seen people got burned there because they thought that it's an easy thing and everyone can make easy money there but little did they know, it's the fastest way of losing money if you're new to it.
People would only learn if its already too late or mistakes had been done because they do really look after those things which they do seem that it was easy to be done and wont mind on making out some research which do directly make out such step without any reconsiderations until those fucked up times do happen.Futures is risky and they will realize it when its too late or they have lost money.
Stick with Spot first when you are just starting and try out to take a good grasps before you do make out some step up into your trading career.


Title: Re: your worst mistake
Post by: boyptc on January 09, 2022, 11:25:33 PM
Unfortunately, I could make various mistakes in the process of work, which brought me a loss. Fortunately, the positive result still dominates.
Then you're good enough for that if that makes you still make good result.

Not all traders that creates a lot of mistake still ends up with positive result because many of them ending up with disappointment and don't want to continue anymore.

In that case, they're into negative result and makes them no longer to continue.

Frustrations and regrets kill the passion of being a trader. Once you've been occupied, you'll find yourself losing control..

It's good to see that even there are many failures and mistakes, he still managed to cope up and make his trading participation
profitable, and like what you just said, not all are capable of doing that.

You are the driver of your fate. If you are keen on learning the very deeper part of this business, you can make things positive
along the way.
It's a game of emotion and mentality.

True, that when a trader gets emotional and becomes frustrated, he'll eventually lose enthusiasm and that's hard to get back when you're into losing streak with most of your trades.

But when we see someone who gets back and eventually is winning with his trades, we're also feeling that we're winning upon seeing that scene from others.


Title: Re: your worst mistake
Post by: Farma on January 10, 2022, 05:34:36 AM
Worst things were, I borrowed and invested in best coins but what happened is, I expected a turn over every month to close off the debts. But as you all know due to market fluctuations, I could not take profits every month as expected and what I did was, sold off coins to the amount I have to pay debts in LOSS every month. So here I have learnt, Never borrow and invest. And never get into panic sell or buy. This will really trap you down at loss.
Borrowing is indeed very risky, especially if you plan to invest in cryptocurrency, which has a high level of fluctuation, and is difficult to predict. Well, actually many people avoid borrowing in this case. however, that's why so many people are advised to always use money that you are ready to lose, because in this investment, we don't know whether we can lose the money we have, or will increase it. but that's okay, people need experience. I even invested in a hype site, and got scammed


Title: Re: your worst mistake
Post by: dudeveet on January 10, 2022, 05:55:04 AM
I'm also a beginner, very curious. ??? ???


Title: Re: your worst mistake
Post by: kapalmabur on January 10, 2022, 04:38:16 PM
Worst things were, I borrowed and invested in best coins but what happened is, I expected a turn over every month to close off the debts. But as you all know due to market fluctuations, I could not take profits every month as expected and what I did was, sold off coins to the amount I have to pay debts in LOSS every month. So here I have learnt, Never borrow and invest. And never get into panic sell or buy. This will really trap you down at loss.
Borrowing is indeed very risky, especially if you plan to invest in cryptocurrency, which has a high level of fluctuation, and is difficult to predict. Well, actually many people avoid borrowing in this case. however, that's why so many people are advised to always use money that you are ready to lose, because in this investment, we don't know whether we can lose the money we have, or will increase it. but that's okay, people need experience. I even invested in a hype site, and got scammed
The right choice to invest or trade is cold money and I don't think there is any other choice than that,
we know that in crypto the risk is big so it is clear that borrowing money is not a good choice,
what is clear is that we are better able to be responsible for our own decisions


Title: Re: your worst mistake
Post by: Mehedi72 on January 13, 2022, 03:55:01 AM
I hold a token named datum. Still listed on cmc or coingecko but it is dead now. I've bought for 1k$ but my mistake was, when it touch $14k, i didn’t sell it. I thought it was a potential token that could be more valuable in future but it downfall and even i was unable to recover my fund. but when i sell something, that go moon after few days. And such thing happened with me several time in my life.


Title: Re: your worst mistake
Post by: rodskee on January 13, 2022, 04:38:10 AM
Unfortunately, I've had to make enough mistakes. I am glad that I tried to analyze the reasons for these errors and prevent them in the future.
We all does but the important thing is what we have learned from those mistakes and what we will act to prevent that from happening as we will be stupid if the mistake we committed happens multiple times.

It is ok to make wrong move in first or second but in third? better to quit because you are not learning from it.

I hold a token named datum. Still listed on cmc or coingecko but it is dead now. I've bought for 1k$ but my mistake was, when it touch $14k, i didn’t sell it. I thought it was a potential token that could be more valuable in future but it downfall and even i was unable to recover my fund. but when i sell something, that go moon after few days. And such thing happened with me several time in my life.
That is so much greediness , x14? meaning you are earning 1,400% and yet you ask for more? that is not a mistake but that is stupidity lol.


Title: Re: your worst mistake
Post by: JunkieMiner on January 13, 2022, 12:04:06 PM
The mistakes which I had always made is that I always sell in a hurry while the coins which I was sold got into a high price and then I realize every time that I should hold that coin , but my mistake is that I didn't have that much patience to hold most of the coins, that's why I think it is my mistake in the field of trading.


Title: Re: your worst mistake
Post by: Mehedi72 on January 21, 2022, 04:02:46 PM
That is so much greediness , x14? meaning you are earning 1,400% and yet you ask for more?
True and thats why I'm considering that incident as worst mistake in my life. It's about 4 years ago i guess when i was a newbie and i don't had anyone for Guidelines. so doing mistakes was normal for me.
Quote
that is not a mistake but that is stupidity lol.
It can be called greediness but my newbies friends hold some altcoins those were 100x in those time and thats the reason I'm also aiming to have such return but fortune didn’t support me...


Title: Re: your worst mistake
Post by: ScamViruS on January 21, 2022, 04:26:26 PM
The mistakes which I had always made is that I always sell in a hurry while the coins which I was sold got into a high price and then I realize every time that I should hold that coin , but my mistake is that I didn't have that much patience to hold most of the coins, that's why I think it is my mistake in the field of trading.

If you can trade a coin and make a profit from that coin according to your target, then that is not a mistake. It is true that if you could hold that coin you could make a little more profit, but that trade could also go in a different direction also so that you could lose your profit. Every professional trader sets a target to close their trade when they open it. And if you want to make a long term investment, you need to be a good researcher.


Title: Re: your worst mistake
Post by: Raflesia on January 21, 2022, 04:51:23 PM
The mistakes which I had always made is that I always sell in a hurry while the coins which I was sold got into a high price and then I realize every time that I should hold that coin , but my mistake is that I didn't have that much patience to hold most of the coins, that's why I think it is my mistake in the field of trading.

If you can trade a coin and make a profit from that coin according to your target, then that is not a mistake. It is true that if you could hold that coin you could make a little more profit, but that trade could also go in a different direction also so that you could lose your profit. Every professional trader sets a target to close their trade when they open it. And if you want to make a long term investment, you need to be a good researcher.

Indeed it's not a mistake but a little regret for selling coins early after that the price went up, I think that's normal in trading circles so our analysis is still not quite right to set the profit target.
I often experience the same thing but I still adjust the target of how much profit is taken if this coin goes up after being sold I don't feel guilty because this has reached my target, but if it's called a mistake then I think it's greedy because I want big profits.


Title: Re: your worst mistake
Post by: kapalmabur on January 21, 2022, 08:00:01 PM
The mistakes which I had always made is that I always sell in a hurry while the coins which I was sold got into a high price and then I realize every time that I should hold that coin , but my mistake is that I didn't have that much patience to hold most of the coins, that's why I think it is my mistake in the field of trading.

If you can trade a coin and make a profit from that coin according to your target, then that is not a mistake. It is true that if you could hold that coin you could make a little more profit, but that trade could also go in a different direction also so that you could lose your profit. Every professional trader sets a target to close their trade when they open it. And if you want to make a long term investment, you need to be a good researcher.
Every trader certainly has their own goals and I'm sure they also do it with great consideration too,
for long-term investment indeed as traders we must continue to follow developments and do research frequently,
What is clear is that every trader has their own strategy


Title: Re: your worst mistake
Post by: JooBra on January 23, 2022, 12:14:45 PM
My worst mistake is selling PYR at 4$ since I got into in in presale. If I kept it 2months longer it could have changed my life.


Title: Re: your worst mistake
Post by: repear7 on January 23, 2022, 02:50:59 PM
When I first came to cryptocurrency, there were many small mistakes. But the biggest mistake of my life was not buying Bitcoin, BNB, Ether when I came. Then working in the forum, I used to spend the dollars I got for household chores. Even after that I am happy because god is keeping me very happy.


Title: Re: your worst mistake
Post by: Sebas.tian on January 23, 2022, 03:07:47 PM
My worst mistake is not buying much of bitcoin when the price was $20k some years ago because I was still doubting bitcoin as a decentralized scam currency. Then I have $2 million in my bank account but I just choose to buy little from the money but those of my friends that bought much and hold till last year January, made a made a huge amount of money from their bitcoin investment.
I learnt from my mistakes not to invest little on bitcoin when the price is low in the exchange market. Now that the price of bitcoin has dropped to $35k, show that there are many profits to make in this year 2022 if bitcoin price finally increase to $70k.


Title: Re: your worst mistake
Post by: Maasdamer on January 24, 2022, 01:08:47 PM
My latest worst mistake was following the hype around Loopring (LRC) and the speculated collaboration with Gamestop.
Price went up and got in too late, around 2,50$. Went further up to almost 4$ in early December and since then declining. Today down to below 1$ again.

Never following this reddit fueled nonsense again.

LOL, same story like me. I read about it on reddit and got sucked in spend like 7k into this shit and got out with a loss of 2k, now the loss would be around 5.5k so I consider myself lucky somehow.


Title: Re: your worst mistake
Post by: Thanos01 on January 24, 2022, 02:28:47 PM
my worst mistake was in 2017,my gain was 1000$ from 500$ in the bull market and then  i got greedy and acted blindly.
i went all in ZCL without putting stop loss and also without making any research, later the coin dumped very badly and i lost all my gains besides half of my capital and that was very awful for me,thats a lesson i have learned which is  cut ur losses and also always use stop loss..


Title: Re: your worst mistake
Post by: ReiMomo on January 24, 2022, 05:59:10 PM
My worst mistake was selling and buying when the market was manipulated. In other words, i was caught into a panic buy and sells. And then when realized, I had to sell them off at loss. Yes. And other think is, do not borrow and invest. You will be tempted to borrow and invest seeing market's good condition but as the market is volatile, you might be get turns every now and then. At times you have wait for 6 months or an year for the price you wish to sell. Mainly, you will not be able to pay back the borrowed money on time and you will be in chaos selling your coins at loss. These are few mistakes/incidents caused loss.


Title: Re: your worst mistake
Post by: Sweetbtc on January 24, 2022, 05:59:39 PM
I m doing trading since last year but my worst mistake is that I m doing trade as full money which can cause a big loss because some time coin suddenly dip due to fud news and while it become to its actual buying price it can take alot of time so you are not able to do trade more in other coins because you invest all money in one coin which Is a worst mistake


Title: Re: your worst mistake
Post by: Fredomago on January 24, 2022, 08:13:36 PM
My worst mistake was selling and buying when the market was manipulated. In other words, i was caught into a panic buy and sells. And then when realized, I had to sell them off at loss. Yes. And other think is, do not borrow and invest. You will be tempted to borrow and invest seeing market's good condition but as the market is volatile, you might be get turns every now and then. At times you have wait for 6 months or an year for the price you wish to sell. Mainly, you will not be able to pay back the borrowed money on time and you will be in chaos selling your coins at loss. These are few mistakes/incidents caused loss.

That's a hard lesson to learn, losing borrowed money thinking that the market will bring you huge profits, it's always a must do your research and study the market before you jump into conclusion, this volatility continue to hurt every investors and traders who are lacking with good understanding.

Youn must learn about every mistake that you commit if you want to proceed. If you keep repeating the same mistake, better to forget about
this business and find other investment to participate.


Title: Re: your worst mistake
Post by: Tumanggor on January 24, 2022, 10:17:38 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

trade with feelings
using big capital without preparation
think trading is easy
panic and don't want to learn from mistakes

this is a stupid thing that I did at the beginning of my trading activities, but slowly I started to correct myself, even though I couldn't make big profits, at least on average my buying/selling decisions were correct