Bitcoin Forum

Like the image above, it's happens to me almost all the time and I don't know if any one here can relate? At times, it's really frustrating and I feel like "maybe some witches are out there preventing me from making profit off my investment" 😂.

So what you all think? Do you experience this kind of stuffs too? Feel free to share your story with us.

This is normal and we should always remember that the market is unpredictable but you can always avoid losing big money especially if you know how to take profit and how to cut loss.

Analysis is a big key factor here because you will not buy that much on a crashing market, you have to wait for the good signal if its ok to buy now or wait for a deeper prices. Don’t get too emotional here, fix yourself and know what to do next.

This image illustrates an excellent example of shitcoins, this is what happens if you keep shitcoins. Take a quick look at the YTD bitcoin chart, you'll be proud of the chart and wish you were one of the early investors. None of the images above, in reality, illustrate or demonstrate what the bitcoin chart is all about.
There are certain altcoins that have benefited some people, and I believe image 1 illustrates this, but as you can see in the last image, it has caused other people to dislike crypto and even regard it as a horrible scheme that they would never participate in again.

Well I think that image shows how meme coins were hyped in the market.
I don't see a problem here when you are selling and have a profit, investors aimed profit when they sell they make sure they have a profit, and no one fools selling their coins at a lower price when they invested it. So I think that is pretty normal at all. But for sure this will not happen to bitcoin which is as the image shown, it seems like a massive hype has happened.

Happened to me several times, and It wasn't just me, My brother and some other friend too complained about their trading decisions. They would say whenever they entered a position, It would go the exact opposite most of them time as if they were being watched  ;D

I think it all comes to the psychology involved in trading and also, most time we always look at only profits while not preparing for a possible loss in case things don't go as planned.

To avoid such things, maybe you can sell a small part of the total amount you have so that when the price goes up, you still have a large part that you can sell at a higher price and vice versa.

I've had the same experience as yours and I'm trying to do that, although it hasn't worked as well as I'd like. But at least it can work for me so that even if I'm still stuck at one price level, I still have funds to buy the coin if the price still drops.

It’s just the way the markets work.

Keep in mind that you are one participant. There are millions of other traders like you. When all of them sell because they give up, there is no more selling to do. So if the market can’t go down anymore it reverses and goes up.

Now it’s the same when it goes up. People buying like crazy and nobody wants to sell because they want $100K or something crazy like $250K. So it tops because the whales sell to all the new retail and then it starts to drop and drop fast.

Need to do the opposite if you want to make it in this game.

Happens all the time even just last month to which I am hold holding coins that I think I should have sold as it pumps and maybe I could have accumulated more instead. Learning to hold it I guess I have to live with it now that I have moved it out from the exchange because Jesse Powell said so. I'm just glad it's not the futures market that I got into.

Don't you have the feeling like it's not really the witches that are watching you but the exchange itself?

Such occurrences happens a lot of times most likely because you're thinking and making decisions like most amateur traders/"investors" do. The same exact reason why noobs fomo at near-all time highs and panic sell at near-bottoms while the experienced peeps rake in the profit.

That's typical of every investors/traders' experience and I believe it happens so because a lot of traders buy almost at the same psychological level. There are levels people believe the market will take a turn, either upward or downward. Most times it doesn't happen that way because the market has a mind of its own. They forget that what the crowd feels is right is in most cases not right. Those who follow crowd mentality in trading often get messed up like that. There's a reason the famed Warren Buffet tells us to buy when others are scared and sell when they're greedy buying more. He's right on that one. It simply means going left when the crowd go right and vice versa.

This fact not only happens to you but almost all traders are no exception to me, but I am sure this does not happen to every trade you make, surely only a few because if this is always the case maybe you should evaluate your trading strategy or it could be that trading is not an activity that is suitable for you.

Seems like hodl is always the best option, if you take the chart lessons ;) But don't take them as they're not true. If everyone hodls, then nobody uses then Bitcoin has no utility.

If you buy and 99% of the time it drops, then we'd all be having Bitcoin with negative. Markets are so simple, remember. If more people buy than people are selling price goes up. And we all know BTC has only been up since the past 12 years :)

That's my perspective too whenever I read or hear people scream hodl, hodl. It's not a bad idea to hodl, sincerely. Don't just criminalize it so to say, when people don't hodl. We all can't be hodlers the same way we can't all be selling or buying at the same time. There is always a balance.  We're in a heterogeneous world and opinions should differ. No one should see others who differ from them as abnormal or unintelligent. To be frank, what gives Bitcoin its value is the activities of buyers and sellers; not that of hodlers. Value of any commodity or assets or services aren't know until the owner/hodler decides to sell.

The reason why I don't usually monitor after investing and after selling. It is relatable to each and every trader so you don't need to feel it is just you. Hold your assets and don't be moved by those changes as they will also turn in the opposite direction in no time.

You should not be one of those people that would immediately drop their assets once they see the price having a downtrend, let's be patient, and instead of worrying that might impact our decisions that would also affect our future profits and investments, we should focus on other things and make our time worthwhile and productive.

That means it's not meant to be. It can always be like that. It's impossible to always keep on winning, especially if you are trading in the cryptocurrency market where it's volatile, and you could quickly lose your investment with futures and other stuff like that.

This is where you would consider how much you would risk and how long you would wait for that to be in your favor? Can you average your entry? Continue to see the red in your portfolio? Etc.

Everything is obvious here, you see that the deal brings you profit and hurry to fix it, after which the price continues to rise. In this case, you should not rush, you need to close the position in parts and at the same time move the stop loss to profit as the coin price increases.

Definitely!

The market is sick of us that's why it happens.  :P

Kidding aside but it's really happening to me too that just after selling, maybe after few hours or a day the market is going up. This is usually when I sell alts and bitcoin.

I don't know if we're unlucky or it is that the market knows how to disappoint us.  :P

That's right, I think it has become a common thing because every trader has experienced something like that,
in this case analyzing has an important role to make the right decision although that does not mean it will guarantee us,
that's why trading is not something easy and very complex for sure

Definitely, I think everyone can relate to it, so you are not the only one experiencing it. Of course, it's really frustrating to see how the market goes if you make your move but you can't do anything about it though. Just look at the bright side, and let it not deter you to continue with your bitcoin or crypto journey. Regrets is just part of the game, and the more you experienced it first time the better for you to readjust your investment strategy.

This happened to me several times after 2017.I got lucky for HODLing and selling my BTC at the peak of the December 2017 ATH.The years after 2017 were more like panic selling(several times)and/or selling BTC every time I needed cash(but the BTC price started pumping right after I sold some Bitcoins  ;D).
I simply stopped caring about the price.I just HODL and sell my coins,only if I am in urgent need of cash.
You have to ask yourself about what is your main motivation of selling?Is it fear of an upcoming price crash?
Do you think that the price was at the peak of a price bubble?
Many traders are like me and you.We just fail at timing the market. ;D

it means you don't have patience and you don't have good strategy how to ride the market whether it's going up or down and of course if its good to hold for long or not.

If i were you study the market very carefully  to prevent doing mistakes and to don't miss all the opportunity. And taking some screenshot will be the good idea IMO.  So that you can learn why such situation always happened.

You arent the only ones who do experience this stuff and for sure most investors/traders does have this kind of problem which is really very frustrating if you do ask me.  :D

Prices tends to drop when you do buy and increase when after sell which you would really be leaving some questions on mind on whats wrong with your decisions or blaming out the market
entirely. This is where you do really make out some more in depth research once you do realize that you arent doing that good in terms of market price reading
but it inevitable honestly since this market is unpredictable in the first place.

Holding is such a magical thing is that when you have the money for it, all you do is just keep holding and suddenly you have the money for it as well. I mean it doesn't mean that you have to get rich, sometimes we do not, but the reality is that we go through some of the lowest lows and highest highs when we are holding. When we sell at the peak price, we are called "lucky" but the reality is that we waited for that to happen, that is what hodl is all about.

I hope that it will get better but I can't guarantee any period when it will be over ATH again, but it will not be lucky when I sell my bitcoins at 100k, it will be my strategy.

It's normal. You are not alone to that kind of phenomenon.  :D
When you feel like you have to buy but then market dumps more. Then vice versa on the selling side.
You have to live with it. It's a mistake or an error that will just add up to your experience. The sooner you realize it the better for things will go smoothly when it becomes a part of you. But don't be assured that once you experience it then it won't happen again. It's like a curse that keep on getting back whatever potion you used to take it off.  ;D

In fact, some if the tokens have this kind of price journey.
Very high price in the first and then it will be droping and droping.
I agree with some members said here, this may be very fut to the shitcoin graphics. 
And if this is about the old coins moreover with some high rank positions, it is better if we are waitinf for the price clearer because it is acyually very normal. Moreover there are also pump and dump market manipulation that not everybosy knows how the coins or tokens will be continuing or not like this

You always choose wrong coin at a wrong time. Most of people buy a coin which already pumped 200%+ and in top gainer list. Si obviously it will go down with the small correction in bitcoin.
People sell coin at bottom and as a result small rise in bitcoin push these coins to 50% almost.
Choose top coin, hold for almost 2 year amd look what happen.

Thats why we do have technical indicators but it isnt really that 100% precise for you to rely on but its better rather than have nothing at all.When people do able to buy on peak then
expect that after that buy-in would really be having those normal corrections which you would really be thinking that you are doing wrong which is actually true because if you have
considered on buying on the bottom then you do likely to gain up instead because of recovery but well everything is unpredictable which is really hard to guess.

I always going to remember this scenario, not just only happens twice or thrice but very often. Sometimes I think negatively that trading is not meant for me but somehow, I realized that this is the meaning of market volatility. Just a sort of market coincidence and if we take down ourselves and then think we are unlucky, that seems it losses our confidence and the more chances that we got that situation all the time.

The situation can't really be denied but yeah, we have to believe the market and even think positively despite everything.

You're not alone, many of us here experienced this kind of scenario like this. But this isn't the attitude of the Bitcoin movement, most likely the same pattern as the image you have shown was in altcoins, or let's say a hype coin that has a huge gain in the market.

You should always have DYOR or analysis before tempting to purchase any cryptos because they are highly volatile which means it always fluctuates the price.  IMO, just be happy if you've been profited upon selling your coin and never regret it.

You are absolutely right, most people who fail to make a profit are because they choose the wrong coins to buy. Then it could also use the wrong
strategy or even lack of patience could also be the cause. When I first started trading crypto, I also had a hard time being able to make a profit,
like trading wasn't for me. Because of what happened to the OP, I've had it a few times. But after I studied the crypto world well, I started to
understand how to make a profit from trading crypto. It turns out that the key is that we must first make sure the coins we buy are really potential,
then we can buy at the right time and finally have to be patient if the market is experiencing a decline. If we do it right, it's not that hard to make
a profit from trading crypto.

This is one of the many mistakes of people, especially that telling that doing trading is easy money.
And most of new in trading also misunderstood this, at the start they thought trading is just simple buying and selling, but they don't know how tough it is just like what on the picture.

I don't know what is the reason many people think that trading is easy because of the fact that trading is very complicated besides that the risk is also big,
so when we don't have any preparation then dare to start trading I think it's the same as suicide,
Trading is very complex and we can't just theorize without doing direct practice

On the other hand, I see it quite similar to the fact that we are like gamblers making bets, and the market is the house that controls this game. And according to the rules of gambling, the house will always WIN, not sure if the problem we have is the same, but I see that when the news is chaotic, it makes us lose focus and easily control the market's behavior.

I think you should spend time relaxing during the period when you feel difficult instead of trying to find direction. Comfort is the way to get the right mindset. I hope you will get satisfaction with every decision.

The market is uncertain and we can't always expect the prices to go up whenever we invest in it and it requires what type of coins you have invested in like shitcoins are pump and dump scheme so avoid them.For btc the prices are moving up and down in a restricted zone from a long time but after few months we could easily see the barriers breaking towards $50k but the thing is can you hold it for that time? This is not get rich fast scheme so you have to wait and make efficient moves to make profits.

The funny thing about it is that all of us have experienced this one at some point even though you are an experienced trader or a beginner. It indicates that the market is really volatile and we should expect unnecessary things to happen. I think it happens to me more than I predicted the market accurately it is also nice to see other traders who experienced this one.

I just want to say that I have also experienced something like that many times. Maybe I sold too fast, so I haven't been able to make a big profit from the rising price of the coin, like what happened to Dogecoin a few months ago. I've set a high price (in my opinion), but apparently, the price keeps going up, and that makes me a little sad. Because if I leave a small amount to hold, there's a chance I can still sell it at the peak price.

But that's in the past, and I don't think much about it because I still believe I can profit on the other coins.

Yeah exactly, and all those people laughing at the pizza guy, who have zero idea of how things were back then and have no appreciation for the fact that if guys like him didn't spend and just hodled, then we would hardly be where we are today with Bitcoin worth almost $40000.

I see it so often, people using BTC to buy and pay for stuff ridiculed by others like "stupid guy didn't hodl". We should not only be thanking them but reminding ourselves to also use BTC whenever we can.

Yes dear this is the way it works all the time. Lolz. But remember that when you are hodling and waiting beyond that extreme point then you will surely gain huge amount of profits out of it. Don’t forget this is more or less psychological effect on us. The x% drop might seem to be huge one due to the fact that we have our investment in it. The proportionate drop always seems crazy high.

But for the fun part, this is always situation with me also. May be our investments are being bought by those who are selling heavily. But let’s not forget we also sell when someone is buying and for them this graph applies too.  ;D

Not all the times holding will really be having on that kind of result in terms of level of profitability and we couldnt really able to deny that shorter terms of trading could really give out most profits which is faster and

more bigger than on holding on assets or coins but it would vary on what you've been holding and how much of it you had been acquiring or accumulating.Due to unpredictability of the market then
these common scenarios or situations is so common thats why dont get surprised when you do able to have experience this opposite direction kind of behavior.

This is amusing, but it is also accurate. If I recall correctly, I previously referred to this as "you are wagering your life." I only realized after a month that I was not trading, that I was gambling in trading because that is what really happens, that I was not following strategy, that I was not following rules, that I was only following my emotions and guts to open this trade. If we are talking about gambling, every time your gut tells you to sell, don't do it, just do the opposite and buy instead haha that is gambling in trading, but if we are talking about real trading, there are a lot of steps that must be completed before a trade can be entered and closed. First and foremost, improve your strategy and learn more.

I use to have a similar experience in the past when I was still a newbie in trading the market always go against me this leave me stressed until I realize that it was my emotion that is playing games on me and needed to build my confidence and level of patience. If you notice each time you make an order the market goes against you it shows you are not doing things right and you need to re-strategize.

Just hold and all your troubles will be over, and when I'm talking about holding I'm not referring to all those shit coins out there. Holding those are like digging your own grave. If you noticed this with your bitcoin bags then just results to holding. Another thing you should avoid is following the crowd. Take an example from last year, there was a common assumption that Bitcoin will reach $100k so everyone was waiting on that price to sell. Usually since the sell pressure are on that price range, there's every chance the price won't be able to get there then the panic will come in and people will rush to dump.

In regards to the selling scenario, avoid selling all your bags at ones and you could outsmart the market. If you noticed each time you sell, the price tends to bounce up then sell in fractions. Firstly takeout your capital then gradually obvious the market and take profit. With this strategy you'll always be in profit no matter how small it is. The goal should be always to make profit not lose.

Buying when the market is at its lowest is the best decision anyone can make. It is good to monitor the market and know when others are fearful, and when they start being fearful that’s when you should start buying and gathering as much as you can.

Because, when the market is at its lowest you don’t really have much to lose, but if you are the type that rushes in when others are also being greedy, and you ended up buying at the peak price, then it is going to be a really huge problem for you if the market should start to plummet. You would lose a lot of money from that kind of investment. but for someone who gets in at the lowest, you can be able to have patience and HODL till the market reaches the top.

Or maybe you just don't remember those moments of your trading when you get a profit, and all your attention is focused on negative transactions? If trading is comparable to gambling for you, then, according to the theory of probability, you should have not only unprofitable transactions, but also profitable ones.

It is normal to happen and almost every trader experience it when they try to be greedy. Therefore how to avoid it is

1. Set a sell limit for yourself. You can determine this by when you enter and you calculate how much profit to go for and you keep to it.

2. Don't depend or look at other people's exit time. If you do this you are over stretching the market or your profit.

3. Don't be greedy. This covers all the reasons that we see our profit changing into losses.

That scenario normally happen because many trader base their game plan on their emotions, many people is afraid to risk on certain movements that's why if we want to do trades proper charting is really important so that we can get a little hint on the possible scenario to come in certain timeframe.

I think we can all relate that sometimes it seems as if the market is just waiting for us to make a decision just to do the opposite of what we want, however that is just an illusion, the markets do not have the time to care for us when there are so many big players trying to move the markets to their convenience.

If anything this proves why trading is so hard, because it goes against our natural instincts,  whenever you feel a huge urge to sell, like when the market is going down then that is the moment to buy, and whenever you are thinking about investing every single dollar you have to your name in bitcoin as it has been growing during the bull run then that is actually the moment to sell.

You should also bare in mind that technicals doesnt 100% work on crypto or on any market but somewhat it is the main thing that is being used by most traders because if you arent using this then you

would really be just like a blind man who do keep on guessing and speculating the possible next price movement without any basis or analysis or picturing it out which does simply means that you are

gambling out with your own investment or money which i dont see for it to be worth.This is actually the main behavior of the market on where not all of analysis that we had made will be effective.
It is a non-ending or non-stop trial and error case scenario.So be aware of that.

Mistake is part of the business,when one makes mistake,he begins to know why those mistake s happens and if he learns from them,he becomes an experienced person  in that field.It is not always good to regret,to me,mistakes are part of life,and a man that is full of mistakes,is a man that is full of experience.
We loose money due to different reasons,and those are meant to be observed and learned as a lesson so that it won't repeat itself again.Every trader should have a tactics or strategy he uses in going about his business.

There are too many people who think that they are cursed but the reality is that as long as you hold, it will always have ups and downs all together. I mean if you bought at any given minute, then there is a 90%+ chance that you are in profit aside from maybe the last 3-4 months, that is why it is not really fair to say that when you buy the price goes down.

In the last 10+ years of crypto, if you bought at any given time aside from maybe like 2-3 months of it, it was always lower than this price, so if you hold bitcoin, you would be in profit, and it will profit in the future even if you bought at 68k as well, you just have to wait.

Also, most traders don't know when to sell their coin but instead hold on to it so they are too late to sell at the right price.
Have skills in analyzing but you should also have other factors, namely controlling yourself so that you are not too greedy in taking profits.
Many of these traders want to get big profits, so they forget that prices will not always be high, so it's better to take profits if you have made a profit.
Don't wait any longer because the market can change and drop immediately in the next minute or hour.

Lol, rhats some accurate representation of what happens often, independent of your stands in the market. You would have seen it like, your so good in making bad decisions or taking a wrong position in the market but should you even attempt to sell and take a different position, you would still observe the same thing. Like a turn towards the previous direction and you would be like, "is someone waiting and watching for the moves I would take to just turn this charts against me?". Its really surprising but then, its the market itself playing out its tricks and maybe, your original analysis was right after all and all that was needed was to just wait out the few moves against you before it returns in your favour but, with this being so hard to tell, it becomes so difficult to do.

Well, it's not only happened to you  :P, because I've experienced it before when I buy the tokens/coins will bearish and when I sell it the coins/tokens will bullish it's really frustrating like you said and rather than feel frustrating I'm just leaving my crypto alone and not see it anymore for a while. Just keep patience and keep hodl from what you have because something like that is not rare to see   

Market is very unpredictable, it could go both ways, up or down, lucky if it goes sideways. It's annoying if it always goes the way you mentioned. To prevent that, maybe you need to start using technical analysis, or if you are already, maybe you need to improve your technical analysis using different indicators. It's gonna be a trial and error phase until you find the indicators that fits your trading style, so make sure you manage your trades as well.

Happen to all of us for sure since the feeling to be left behind is one of the main reason why all of those things happen to us and this is quite normal as we cannot predict on how the market move in what direction. That's why profit is profit mindset us important so that we can always be in bullish position even if market goes up or go down.

Yes, the market price is unpredictable, it can rise today and decrease tomorrow for some traders to make profit and other traders to make losses. At this season we are now, investing on bitcoin is a good choice because bitcoin price is about to breaking in $50k for those that prepared for the bear market to start earning profits from the market. Bitcoin price is about to hit back to $75 for those that exercise patient with their long holding to achieve something good from this season of profits making. According to researchers, just be patient with your hold because people are about to get richer when the price of bitcoin hit $100 before the end of this month. 

But sometimes people even run into the same error and it keeps repeating itself. What is wrong with them is not because of how often they experience losses and gain a lot of experience, but their psychology has not been trained so that when the strategies used are not on target, they will panic and forget the planned strategy.
Management needs to be done properly so that psychology in trading is not damaged.
even professional trader still has unstable psychology if they are not passionate about trading and internal problems occur.
Use a clear mind and start trading.

No OP, witches or witchcraft rather are not true lol but what you think is only just in your head but I am very sure that you are not alone with that and I think I already saw lots of threads already or replies about the same scenario. I think there is an explanation to that. It's just when you sell, many others are selling too, the price then dump so there's going to be a rush buy that will happen and that's how it triggers an instant pump.

When you hodl, the price merely move because everyone else is hodling too and rarely buy or sell. In the last case which is the price dump after you buy, I do not know exactly why it happens, I think there is a manipulation going on.

LOL, nobody said there was a witch or witchcraft in play in the situation, the issue I raised is something almost everyone experienced or still experiencing till date, no matter how we try to explain or give reasons as to why all this things happen, it still does not add up.
Like you clearly attribute the last situation where price dumps after buying to market manipulation, it doesn't add up bro, why would whales wait until you buy before they start manipulating the market? Are they watching you from some kind of mirror somewhere? It's amazing, I personally think that only the universe can truly explain to our human understanding.

It would be a shame if we didn't experience it. Laugh out loud
You are not alone, thousands and even millions of traders must have experienced this moment. I don't know what the reason is, the question that still crosses my mind is: are we really traders or just guessing to enter an unclear entry?

I don't think there's anything wrong here, or that's naturally how the market works, but not every time we get those moments. Usually futures traders will meet positions more often like in the picture. Lucky are long-term holders who always laugh at the mentality of traders who often experience this.

You only get frustrated because you haven't let yourself have a trading strategy before making a position on a certain coin in market. Remember that before we buy, we should have a solid plan on where to set the buy and when to sell it. I experienced it ofcourse by the time I was just spending pennies on some coins just to prove if my readings would be right. But from time to time, you will really learn that you should be reading both the pattern and the fundamentals (or current news regarding the market/coin you are buying) before really making a move.

Maybe try to use small amounts first so you wouldn't be frustrated. Or just think that you will lose your investment already so you can be fine once you really lose it.

It was a common one.It's happening to all the people including yourself.When the market upto to the top, we think life. We will sell when maximum occurrence in the price.Unfortunately we don't know the exact price, to which the value will reach.So we will miss that opportunity.Then when come to top, the price again reduce to low.At that time, we like to buy some coin.But we don't have any single dollars on bank.When we hold, the price will keep the mid path.

When you do have money to invest then DCA would be the key but of course you do only invest on the amount which you could afford to lose because there is no assurance into this market since from

the beginning thats why you should be aware of those risks and all of us did really able to experience up these things on which we do commit out mistakes and boggle up our minds on whats happening.

once you do get sufficient market experience then you would really be finding this to be a normal or casual stuff to happen.

No jokes here, you see traders putting emphasis on when to buy and how to buy but nothing gets talked about when to sell. Many traders don't know how to sell or when to sell. Some get attached to their coins that it becomes a problem selling or leads them into making bad decision, timing the market to get the best profit. I always advise, if you know you'll still sell that coin then it's best you make a decision to sell in the bull market and not when things aren't going great for the coin (in the bear market).

You must not sell at the top but always sell in profit. If you aren't convince that your timing is right then just as you dollar cost average your buys, do the same for your sells and you won't have regrets. Also after selling, you should only monitor for dips to buy back and not get overworked because the price is pumping.

To sell in profit is everybody's target but every trader will like to increase that profit and get more out of it. That is what makes people target the top to sell. Nobody wants to take small profit and leave the rest to the market. It is not bad to be a little greedy to want more but whoever that is targeting more profit has to be careful so the market does not go back in loss on them.

To lose in trading is quite expected knowing the case that the market is really unpredictable. It was really hard for us after buying the price dumps instantly. Obviously, we could think how bad the market was but somehow, we have to think also that the market moves in an up and down direction, we'd sometimes got unlucky. However, if we manage to keep ourselves not going to panic and hold our coins, there is no way we lose even a few bucks, we still make a profit once the price rolls back high again.

If you are aiming to make a profit, you are obliged to partially fix your position when the price reaches the resistance level. After that, you need to set a stop loss and move it higher following the price if the market continues to grow, continuing to fix your profit.

This depends on the type of person they are. If they are a long term holders and fine with that, even when they are trading, if they make a good trade then they would be willing to hold even longer, or a bad trade means they can hold even longer. Or if they are day traders, they would know when to sell, any proper day trader would know when to get into something and when to get out of it.

This is how people make money in day trading, knowing when to get out before it even reaches there. If you do not prepare that number beforehand, then you are going to end up with a big loss to begin with. I personally like long term, but day traders are different and the final results also having big differences. Both investing and trading with crypto need lots of preparations and plans and if you are not ready to give them, better do not involve with cryptos in any means.

This is the best strategy, we should always have this because this because its the best way to make profit. To actively monitoring the market while doing your trades is a must, have a target price because if they reach the resistance level it usually drop and hit the support level again though it can go up as well but we don’t want to be more greedy so always follow your trading plan. This happen to me as well, this is very normal.

Maybe it has happened to everyone, you are not alone. But when we sit down and reflect on it, maybe it's our trading psychology. We are so expectant and impatient to seek the profit that we forget about the risks it can bring us when we decide to buy a coin.

The market is unpredictable, so always do a thorough analysis before deciding which coin to buy and feel good with what you have.

If it has been like this for you then its time to change your trading strategy, ofcourse nobody can predict the market accurately but we can learn from our mistakes and don't repeat the same in the future will help us to be in profit.

HODL will work in long term so anybody expecting short term gains should take the risk and invest on trending coins.

This has certainly happened to each of us at least a few times! The longer you are in crypto, the more likely it has happened to you more than a few times! Why is this happening? Well, first we are not sure what we are getting into, how much we can trust the project, so after a while, we sell in the hope that we will find something better to invest in! The other thing is that we are impatient! We don't have enough patience to wait, we are in a hurry to make some profit and we sell too early! That’s the story of many of us, at least in the beginning until we figure some things out, we learn from mistakes, and try not to repeat them!

The graph seems to show how meme or shitcoins actually work. Pump and Dump.
But yeah, the graph also seems to be true for people that FOMO or falls for FUDs. They see the price going up, the start selling because of greed and fear that the price might crash, but that doesn't happen. The price keeps on going up and they regret selling. Then there are people that see the price skyrocketing, they FOMO and go all in at the wrong time. The market starts to correct and they lose.

It may be about it's not a fortune yet, and also I am.
I think that many people also experience these, moreover if we are impatient enough in waiting for the price increase.
But, it is normal, very normal and this often happens. '
that is why there are some ways that I commonly do to face these conditions:
- Setting a target of the price to gain certain profits, is about enough profits, as long as the price target has been reached, I will feel enough and take profits, never regret if after taking profits, the price still keeps increasing. Alternatively, don't sell all in when in the first target price, but sell only several percentages based on the targeted price. But once more, this also has other risks.
- If the price continuously increasing, you can also make short term trading to gain the price again, however if this is too risky, better to change to other coins that have probabilities for increasing.
- Only hold coins that have long term fundamentals and realitsic use cases in the future. Althoguh the price may keep stable, at elast this will be very precious in the future or later

Market is unpredictable thats why expect on something like this because we dont even know on where price would usually go but as you do able to gain experience you would able to handle it out.

This is where people do usually gain up knowledge on real experiences towards the market and all of us did really have able to experience this one and this is where we do get knowledge.
Wont be sure on what would be the next possible movement but since we are already aware then we do have at least the idea on what we are dealing on.

haha :D this is a meme of fellow merchants that I always see everywhere, not only on social media, but in the real world this meme is very popular,
indeed the thing that makes traders feel confused is when they buy the price goes down, and when they sell it the price goes up, haha , be patient you are not alone,  ;D
but I am sure this meme will not apply to old traders, because it is all from our own fault, and of course it can be a valuable lesson to be better.

That is what people call trail stop loss. That means if you get to a good and confident level then you would be able to put a higher stop loss than where you bought it from, in that case if it breaks above the resistance level then you could readjust your stop loss to even higher, but if it doesn't reach there and goes back down to lower levels you could at least get out at higher than what you bought.

Just to give an example, you bought it at 38k, it became 42k and failing to go higher, you put a stop loss at 40k. This means if it goes higher than 42k then you could end up with a bit better result, if not then you could sell at 40k levels and still be in profit.

Most of the time we loose everything for our greediness .It is the reason for new trader mostly but the chart is perfectly shown my investment what happening with me always .If i buy then market start to goes down and if sell it goes more high .I am so unfortunate on trading still not getting success on this way but i am not loosing my patience and learning to increase more skill on this .I am agree with you on this point that we need to set a target and exit after getting a good return must set stop loss to avoid our losses .Hope i can do better on next .

It is a very common occurrence to the point that it makes no sense to even think about, no one can know how the market is going to move beforehand, we can speculate and sometimes we will be right and sometimes we will be wrong, that is just the nature of trading, and as long as we are right more often than not and when we are right we earn more money than what we lose then we are doing fine and there is no point in lamenting making these kind of mistakes, because in a way it is the price we need to pay to make profits in the markets.

That is what almost every trader witness  ;D but here the difference with older trader is that they now understand that it will happen when they enter into the trade and they are patient. The ways to be sure it doesn't happen all the time or that it starts taking profit after a little while is that you need to be patient to enter at the right time. That happens as charge. Brokers make their own money from there when you enter the trade.

Op, at some point no cryptocurrency investor don't experience what you experienced but the bottom line of making a profit in crypto is seeing it as an asset rather than a quick scheme to make a quick profit and always set a clear target for your investment this is what I believe will prevent selling at all cost because the Op, seems to see his alternative/emergency fund.

This is very normal when we trade without having a fixed plan and we get carried away by the news or by the advice of others, when we have this type of doubt that usually happens, besides emotions take a big toll when we get carried away, then it causes that we enter the sale (where it is cheaper) and we sell in the purchase (where it is cheaper) these things are done backwards, but it is also due to lack of experience, this is what usually happens at first and many people are disappointed.

I thought I was the only one dealing with such market conditions; I always take my time to research a coin before buying it, but once I do, the coin starts to drop; if I lose patience and sell it, the coin starts to rise again; I'm not sure why; sometimes I think I don't have enough patience, and sometimes I think I do, and it's just time to sell. I'm not sure if it's my destiny.

You dont have enough patience and this is a very common behavior on which you do really mess up with your trades because you are impulsive on whats the market price but well this is a common

reaction when you are still noob and isnt really good on handling out your emotions plus lacking up some knowledge then you would really be having a big problem.
You arent the only ones who do really have this kind of problem and for sure that majority of us does experience this shitty situation on where things or price do
goes to opposite side.

Obviously, this is a traders’ fallacy and it is very normal for people who do not know how the market may react. Finally, we are talking about people making a bit of a big deal whenever the market does something they did not expect and that is really not much of a deal.

I personally feel like if you knew the price moved between 38k to 42k for the past month, you would know that it was time to go up, and take advantage of yesterdays move. That wasn't really shocking and it is just one example. But, if you saw it at 38k and think it came from 42k to 38k, and think it may have gone down even more and sold, then it went up, you would be like OP.

I do understand how OP felt when he posted this thread I mean I have same experienced when it comes to failed trading and same as what OP had illustrated. But like what I have experienced whenever I have sell my crypto sometimes it is inevitable that I can feel frustrate and regret that I haven't wait for the high price but then I just always think that at that price where I sold my asset was a perfect time for me to sell because this was the time I need to sell. The crypto market is very unpredictable and I just make every trading a great opportunity for me learn and grow.

There's a reason the market is unpredictable. Even with all your analysis and backtesting, you still won't be perfect in predicting the next move of the market. This is why that caveat of, "investing only what you can lose" is necessary for every new trader to memorize and make a daily business anthem. I've come to conclude that the best way to trade the market and be profitable is to do it without any encumbrances and pressure. Just trade with ease and not put pressure of what one is likely going to do with the targeted profit even when it's very far from made.

The fact that people all think that this happens is the proof that it can't always happen. Why? Because, reality is that we can't ALL buy and sell at the same time, it is impossible for us to buy and sell at the same time. Which means that it can't be happening, you feel like it happens, and you do face this a few times for sure, but it can't be like this forever, it is just a lucky or more like unlucky chance that you hit this and that is how you get here.

Moreover, we should not be really shocked about the results, we should be a bit more shocked about how we could predict it, but reverse version. In reality that could be used to profit as well.

Anyone who is investing or trading under pressure is bound to make serious mistakes. We all need a really calm and focused mind to put things in the right way. And sure the anthem is always to make sure that what we are risking in the market is what we can do it with, if not, it is going to really affect you later.

Most people who make this mistake of investing too much are some newbies that are not aware of the risks and thinks that Bitcoin is a gold mine where they would get rich easily, not knowing that there are more people losing money in the market than there are those who are making money. With the right knowledge and hard work, everything can be put in place.

And there is a very clear reason for that, after all who has not experienced something like this happening to them? I remember that back then when I still invested in altcoins I invested in a project that I thought it had a future and I held my coins for two years, what did I got during those two years? Nothing except a lot of headaches.

So I got tired of holding my position and I sold, then a week later the coin in a single day gave 200% in profits, and you may guess that I was incredibly disappointed by what happened, but at least I did not made the mistake of buying back that coin after selling it, since then it experimented a massive crash and it never recovered.

Just learn from that experience, we do get that experience that whenever we sell, the price rises and the same when do the other. It's funny but it's the reality that we have to deal with.
The unpredictability of the market despite being known to the condition of it is really going to kick us if we're not prepared with what we're about to do. That's why sell and forget and the same with buy and forget.

Almost all traders I think have experienced something like that and it can be said that it is a common thing in crypto,
it's true learn from the experience and of course evaluate by doing their own analysis,
the more experience makes us better in the future

All of us have went through this part and that is normal because who we are to predict whats going to happen anyway? but since we already know that anything is possible, we should not complain about our moves. What important there is you have made a move because there is a chance to earn if ever what you predicted have occurred.

It's fine for traders to think like that, that they can make an easy profit because they are actively buying and selling but that it was unusual to think like that if you are just investing for long term. Usually as a long time holder, your profit expectations are much higher than what a trader can think of so you wont sell whenever there is a small increase.

Crypto market has became a common place where traders get their daily food to feed their families in the community. Despite the market situation people are experiencing from crypto market few months ago,it has helped many people to learn from other people mistakes not to sell in this bear market than to wait for the price to increase higher before they can sell to make a good profit.  Think wisely before releasing your coins for sale because crypto market will not remain in pumping through out the year or dumping through out the year,so we need to sell our coins whenever the price of crypto increase higher in the market to make profit.

Not that this is normal but this is what 80-90% of traders experience whenever they sell, buy, or HODL their coins. Given that the nature of trading is absolutely volatile, no one can accurately predict what the market situation would become in the following days, weeks, months, and/or years.

That is why whenever a person trades, it is essential and paramount that you develop your respective contingencies and goals in the following days. Always note the maximum tolerance you can handle before you sell your coins in a given price.

I do! and I beat almost everyone in here also experiences the same stuff like us. It feels like the market is waiting for us to do something and then do the opposite to what we have been thinking a whole time and make every decision we have made is basically pointless at this point. Even though you could minimalize those risks by using some strategies and such but it's just so funny to see those kind of stuff when you do trading.

But what most important thing there is you gain profit whenever you sell your token since its really bad to buy high and sell low when you do trades since we know emotions really affect our patience if we do trades. Lets forget about this mindset which we regret on our decision made when price shoot up, we should always put on our minds that profit is profit even if the percentage you gain is low and we can bounce back again after some sort of correction happen and enter in best position we can possibly get.

I do have such experience, and it has happened to me several times. It even happened to me yesterday, although not in a position where I ended up with loss. I was going to sell a small part of bitcoin yesterday, although the market was up a bit, my instinct told me that the market would go up a bit more today, but after having a second thought about it, I felt that it wasn’t safe since the market can as well go down, so it was best that I did the transaction yesterday, at least the market was up a bit.

So, I finally did the transaction, and I woke up today and checked and my instinct was right, the market did go up and I regretted making that transaction yesterday, would have been better today as I would stand to gain even more.

When you do still end up on the same behavior then try  to realize things and then try to inverse everything that you had done until you do able to find out for yourself if it would really be that effective

because trading is something that do really need to make out some adjustments and be versatile on various conditions which would really be needing for you to adjust accordingly.
Yes, frustrations would be really be common due to different results or outcomes but just have a good hold with it and adjust accordingly.

This is the part that is so important. I have been full-time in crypto for the past 6 years and I can tell you that if I wasn't in crypto, I would have been a horrible right now and would either be unemployed or would be earning so much less. Thanks to crypto, I have been earning a good income, and managed to save some money aside, and even my investments grew exponentially as well and I am very glad about it.

There are so many people all around the world who are living like me. Not many nations offer 500+ dollars a month as salary, but that is not a big amount at all for the western nations, this is just earning, when it comes to trading it becomes even bigger difference.

No one can clearly predict the market that's why intelligent investors only hodl for the long term as it's more beneficial to them and less stress. Indeed it's a good feeling to win but don't take it personally if it wouldn't let you win everytime, that's just the life of investing, just take it as a lesson.

Its really frustating but thats how it is, we are not certain if the time we buy or sell is the right moment since the market is unpredicted and can move the way we didnt expect.

It happened also to me before, and there's nothing we can do about it but to move on. What I keep in mind is even the price skyrocket right after I sell my crypto, atleast I still earn and thats what matter. On the other side, if you buy then the price drop further, having a firm hands to hold is necessary. Its just temporary so as much as possible dont panic because if you're holding a good coin, certainly the price will bounce back soon.

Since we are not sure what will really happen in the future and we are only relying on available data and it depends on the trader how he see the market and depends on his understanding and prediction about what will happen in the trading. So it is not your fault that it happens since the market is really unpredictable in any way.

ya.ya.yo!

I was glad you don't experience this as most of us even tell this really happens in real life. I'm not sure how good you are in predicting the market but based on my experience, this comes as usual. Well, this never even bothers me, the market is so volatile, we sometimes got buying in not a perfect time. And that is why we endure patience, we use to stay patient at all costs.  But I'm not sure if you ever do this.

Honestly, you are a lucky person/trader who has never experienced this. Maybe I can assume that you got millions ( or more) from trading.  :D

This is the story for every new trader or the ones who do trading without having an understanding of the financial markets and have no technical analysis. If this situation comes to often, this means you have very little knowledge of trading. Better to learn trading first else you will only end up losing your money.
It's often said that it's easy to make money with trading, which is only true if you have knowledge of trading. With knowledge and espereince, you may lose all your hard earned money.

This happen when you not hold for long term. Why you want to sell when market is bear.
This happen with those users who buy at top and sell at bottom.
If market bears don't sell coin and wait to regain momentum

Clearly you don't understand mate, that is, you totally miss the whole point, it's not about wanting to sell when the market is bear, and it's not about not wanting to hold for long term either.
Understand that there are day traders, people who trade for daily profit, and there are others who buy to hold for long term, it's a choice we all make individually, every body must not buy to hold for long term, understand that.
And for your information, this shit happens, it has happened to me many time, even on coins I bought to hold for long term, I keep buying the deep and it keep dipping, that's what am talking about.

Simply all matters with your own goals and targets whether you would go for long term or for short term or would go for situational whether you do act out accordingly on what you are currently facing or experiencing
on and we know that decisions could be altered depending if we do see that we are making out some profits.Doesnt matter on what path you are taking as long you do see that it do fits your preference then go ahead.
It do really just sucks when things turns out or go to opposite way on the time we had made out some decisions whether buying or selling. Being reactive is just normal since we are just humans
and we dont like on losing money thats why.

You have done a good analysis. I dare not say you are still wrong in making decisions, I also do the analysis you do. however, with such market conditions I benefited. whether the market relies on luck, I think leads to luck for the time.

something like that happened to me before.
When I bought it, the price went down even more.
and when i sell it the price goes up.
and when I buy for the long term. the price is not sideway but instead goes down little by little.


I then got involved. looking for the cause of all that happened.
until i got into the vip group by paying a few bucks.
and finally i found my fault point.

1. I didn't look for information beforehand about the coins I wanted to buy. so it often comes in when the news is bad. we should go in when there is good news.

2. I rush into the market without analyzing market movements first.

3. I opened the wrong position when buying. Not wait for confirmation that the coin will go up or down. because at that time I did not understand the point of support and point of resistance.

because if we already know the support and resistance points, we just need to combine them with chart pattern analysis. What pattern does the coin form? we just have to match and wait at the strongest support point to buy and install at the resistance point when selling and before entering make sure first whether the pattern has been confirmed or not. I am now more patiently waiting for confirmation.

For example, like I just entered the Matic market because at the moment the Matic is in a fairly strong support for the short term. and after it was confirmed that there was pressure at the support point of the automatic coin, I immediately entered. and sure enough the price bounced up.


So, I learned to be more patient waiting for confirmation of the movement pattern or chart pattern. by waiting at the support point and then entering. because if it breaks, it means we are waiting for the next support point.

and to sell I wait for confirmation at the resistance point. if there is a strong push from the seller and does not penetrate. so I'm selling as long as I get a profit. and if the resistance breaks then I choose to hold the coin until the next resistance point. it only trades with short and medium. and for the long term. I did a long analysis starting from the utility of the coin and others.

Still have effective way to keep less opportunity when selling coin price suddenly pump and after buy back price really drop, you can share your capital each price about 30%, example when you try buy BNB coin 30% from your capital buy on $400, behind 30% you can drop under $400 maybe better buy back on $380 and left your capital could buy on $370 when waiting if price drastically drop.

You have make the same thing when selling your assets, take three or five kinds value each other like you can sell 30% on $410 and left your assets sell above $420 and remainder your assets sell on above list price, I think you not really disappointed when after selling price pump or drop after buy back.

until now often experience it, and it is beyond our control. at first was frustrated with what happened, but gradually, realized this is a market, where no one can control it, and when things like pictured happen, we can only smile and after that immediately rise from frustration and start analyzing it again, from this a lot of people learn think that the market is cruel. Therefore, we must learn about what the market wants, not what we want for the market

I've been in a position like the one in the picture lol...

for almost a year I have a bad habit of selling when the price is down and after I evaluate it turns out that what was wrong was in my own mind, when I saw the price of the asset I bought went up (bullish) then I continued to believe the price would continue to rise, as well as when the price fell (bearish) then it will go continue down.

I would guess that most of the people like me who did not have something like this, usually are the people who hold longer than you might imagine. I am a long term investor and usually I am not selling before it is many years and that is why I do not have those big falls.

Plus, I usually end up selling when it already went up super high, and I want to pay for something, so I am not in a rush and it is already 500% higher than when I bought it, so even if it goes 50% higher than that, I still made a 500% profit to begin with, and I never sell when it goes down, I do have times when I buy and it goes down, but then I buy it at that low level too which helps me anyway.

I believe that is ordinary by any means. However, without a doubt this won't occur to bitcoin which is as the picture shown, it appears as though an enormous publicity has occurred. A similar precise motivation behind why noobs fomo at close record-breaking highs and frenzy sell at close bottoms while the accomplished peeps make a lot of money.

No one knows when the market price of cryptocurrency will rise or fall and what can be inferred here is that the wise intervene for a long time to impress here because most are useful and printed here and the simple feeling of each winning but personally participating here.  They will not let you go every time though and here you can take a good profit by begging

I've had the same experience as well for over the years. I kept on buying and selling at the wrong time then I realized that my emotions are just ruining my decisions. I kept on panicking whenever the price strikes high and strikes down. Trading will always be a roller coaster ride so we should learn how to handle our emotions right.

I have experience this kind of situation consistently in the past and I believe nobody is immune to this type of situation in which you buy after the market has pump and sell when the market is about to start pumping! The important skill needed is the ability to read chart and emotional intelligence to help with emotional decision!

It happens to everyone who is a trader, we do experience this most of the times. If you buy a coin and it starts losing value, the best thing you would do is just to have patience and keep on holding.

There isn’t a need for you to just rush and sell it. If you sell it, you would be the one who is at loss. That’s why it’s important that before you are investing you should make sure that you really have money to spare, you are not Elon Musk so you should be mindful of your investment as that would really help you in going far in this. Whenever I buy a coin and they starts to depreciate in value, I just leave it there and wait for another perfect time for me to sell it.

Here I will see what it looks like is that there are some measures and what the leaders think is that they think that cryptocurrency is a common thing here and the leaders think that they have full experience so they can make good income today and they analyze  Evaluating and doing all the work from their experience, I guess if a trader has any idea about it then he will not be able to survive in the market.