Bitcoin Forum

Dear Members


Recently I faced a bad luck. here the story

I got IOTX from GATE .io 28th of may 196000 @ .00004600 ETH.  Then after one or two hour i sold it to @ .00004800.

After 3 days means June 1st , one IOTX went to .00014ETH. 

if i sell June 1st  196000 * .00014 *590 = 16189$
Investment is = 5300$
so i have lost = 10800$

so in this story if i could wait 3 days , i have profit of 10000 USD. so in this case i am saying please be patient. wait wait. good coins always give a good reward to you

I agree, when I believe I'm in good projects I feel good confident even the market in bloodbath.

Most of the time, I face the same problem.
When prices start to plummet, people panic, and the panic spreads in the crowd, and that's a terrible thing.

you are WRONG about everything.

first of all from your  comment it is obvious you are gambling not investing.

secondly you have made 4.3% profit in 1-2 hours and you are complaining about this profit?!!!!!!!!!!!!!!!

third you have to think about it this way:
if you randomly help this coin and instead of going up it went down to 0.00001000 ETH you would have lost A LOT OF money.

and finally you made a huge mistake of not buying back when you saw the rise. in fact when you sold this shitcoin at 0.00004800 you made a solid good decision and you made a solid profit. but then you saw the rise days after that but you did nothing and just stood by instead of jumping on the pump wagon. THAT is where you lose opportunity.

ps. as you are complaining about this random shitcoin, there are at least 6 other shitcoins being pumped today that you are also missing out on making profit there....

I don't think you lost your money here,all you did is lost the profits if you can hold it more but you still made profits with your investment.First of all you need to contented with your earnings and don't be too greedy because mostly greed will tend to lose more.But think can be a good lesson for you to hold more but no one knows that when the price will increase or decrease so it will be better to aim small profits.

Then why did you sell it at .00004800 though? Did you just try your luck on that coin and exiting on time to get a small profit of margin? When we say day trading, it doesn't mean that you are going to sell it the same day, maybe it can last up to 3-5 days to maximized your profits. Anyways, I won't rub it out dude, but I hope that you learn your lessons here a very costly and expensive thing to learn. I also have a good experienced though,  the coin was really pumping and I was tempted to sell it, but I hold for just 3 days and it really makes a lot of difference, not as big as your profit but 2 ETH will be a nice profit to make in 3 days.

Sorry for you loss a great lesson to people that dump coin as soon as the token get to their wallet i don't sell in hast it is not a good thing to get used to next time hodl your valuable coin tightly.

Not such a friend, you already have a profit. Since it was sold. Then you should be satisfied. You can think about the next investment. Should not think of the damage caused by fear. This is a means of protecting funds. Being too greedy is bound to die.

I got exprience like that too, i got loss 100% of my coin price in 1 days it was mini heartattack. If i got wait in 24hours i already got my 100% profit. Good project or coin will be good profit.

i think the real question here is:
would you have created this same topic if a different scenario which is also the common one happened? for example if after you sold your IOTX @ 0.00004800 ETH price went down to 0.00000100 ETH would have created this topic saying how super lucky you are that you sold your coins and prevented $15,800 loss?

I also believe that patience and confidence are the key to success. In the world of crypto currency there is no stability and it needs to be accepted. We are constantly confronted with huge price jumps. But as the statistics show, after significant falls usually there comes an incredible growth. Thus, the market is adjusted. I advise everyone to be patient and wait for a new wave of growth.

Always be patient and be smart as well. When you making so huge profit in a day and if your target which you had set breaks through then do sell rather than always keep waiting for an target which may not be achieved or the altcoin once fall may not rise and you will end up in a loss in your profit.

Yes patient is the key to earn big profit, but you are not losing money, you already earned profit with that altcoin so you still win, but better to hold the coins if you want to earn more.      

I have been in this situation before not once but trice.
i never invest money though, i do earn it from bounties.
but time is not good for me as i sold tokens at lower price and got boom after a week!

IMO,patience is the main thing for long-term investors but for day traders, the target is the main thing
are you a daily trader? do you have a target price to sell it? if 0.00004800 ETH is your target price it means you have successfully hit the target and loss of profit is a normal thing, so! make it as motivation to analyze more mature

just being patient can help you get out of the loss zone
never panic when prices are unstable
cryptocurrency always sided with its patient and patient users

The answer to your question is obvious. Of course, OP here would not open a thread if he got super lucky by selling it when IOTX was @ 0.00004800 ETH the other day when it got down today(unless he is one of those people that post their trades thinking it is a good and debatable topic in a thread).
Stop whining about it and move on. IMO you made a good decision to sell that shitcoin early because you could have had lost if it had gone sideways instead(since you have gained profit from it, I would not consider it a loss if I were you).

Yes that is the very much well know fact. It could have been easier for you to make the profits if you had some more patience. You are not the first guy who has posted something like this but there had been many who complained that wish they would have taken some more patience in the count to have profits. This is what happened last year when most of the people were angry as they did not hold the bitcoin until December when the prices were ouching the sky!

Thats a good lesson for you now and here on wards you should be checking out the market movements with all the precautions otherwise it can be disturbing again and again and could lead to demotivation.

I have been a victim  of this before and i had learnt from my mistakes long time ago when i loose almost $1000 just because of my personal fears, though this is a lesson to you as i have learnt my own lesson long time ago. Nothing rewarding like holding and waiting patiently to see the market cap growing.

When you sold before the price of that coin gets pumped you cant say that you have loss because you already made a profit the time that you sold it. It is just that you missed the opportunity to earn more but it cannot be considered as a loss. You can only say that you have loss your money if you sold your coins cheaper than the amount you paid for it. I wonder what will be your reaction if what happened after you sold is that coin gets dumped. Im sure youre very proud of yourself that you sold after the price goes down.

Yeah,  holding good project is good,  but there are certain coins I'm holding with good prospects, but uptil now they keep dipping,  i pray they pump one day

Actually you didn't lose anything, you just didn't win that money. We can never predict the future, so it was possible that the price could have gone the other way around, and you would have made a loss.
Just for next time, try to don't sell so fast if you believe in a project.

Cryptocurrency is always volatile, and I believe no one can predict future prices.

You've already made a profit in a short time, and you can get more if you want to believe in this coin.

I personaly like xvg and trx, but everytime I get those two coins I have your luck i will buy xvg and hold it 2 or 3 monrhs,sell and pick up around 200 sats a piece, then buy trx, and just as soon as I place my buy for trx, xvg starts pumping, so I just hold trx, for a month or 2 to exchange for verge, and then trx immediately pump!!! After I buy verge!!!

It's a freaking nightmare!!!

So you are saying in the title you lost 10800 bucks! Are you serious? If you bought at 000046 and sold at 000048 you've made a profit.
People bought BTC when it was $1 and sold when it went up to $10. They are not whinging about that even if a few years later it went to $20000.
Come on, what kind of trader gambler are you? Do you understand how the market works?
you only make or lose money between the time you buy and sell. What happens next after you sell doesn't matter because you sold.

Yes, everyone has encountered such a situation, so we need to accumulate experience in the investment, so when you just started entering this market, you can choose a small amount of investment, when you know enough about the market and then carry on a large amount investment.

situations like this are often faced by investors, experienced investors and novice investors must have experienced something like this, controlling the fear is very difficult, the fear of losses make us think quickly and immediately want to sell to avoid loss or reduce losses, keep calm in this situation we have to learn.

Patience either give profit or loss both chances are there . I will tell example last December sold 300000 dent token for  1000$ -2000$ after month it’s price reached to 35000$. Same centra I was holding 2500 coins it’s price reached to 10000$ even I dint sell . Now it’s price 20$ huge loss .

Hindsight is always 20/20 as they say; it's always tempting to look at the charts and think "if only i had sold (or bought) earlier (or later) i would have earned (or lost) X more (or less)" .. but in the moment there is just no way you could know, this is the game! :)


Mehdi

yes we have to see the market always , too much hodl also bring loss. As you said centra coin also a prolem

Your thinking is not correct because you didn't sell at loss and that is most important. You sold your coins at profit and moved your funds to other places means it was a good trade. After you sell your coins then you shouldn't worry about those coin prices because instead of going high and if it went down then what you will do? You will come up with another thread saying that I should have sold my coin three days back to make a profit.

Another thing what you could have done is instead of selling all coins at once, you might have sold some and kept some for future trade.

It’s vommon in any trading for avoiding this we should follow the news if any pump happening then there should be some reason if we find genuine resource and potentially based on that we can decide whether to hold long term or short term .

I also made some crazy losses in the last time, but I buy more coins if I am in a loss. I really believe into my holdings and that's why I am still feeling good, even with a loss. Patience is the key!

you should be happy at least you made some profit not loss.. i sold my 189000 STQ for 0.00000500 btc but now the price of 1 stq is 0.00001500 i am not at all sad that i didnt made the 0.3 btc because i am happy with my 0.1 btc

Join the club, everyone is making that kind of mistake! But don't say that's a loss as you have earned your money. I made even worth mistake 2 weeks ago, I sold one of my favourite coins to buy another as I saw an opportunity to earn, then to buy my sold coin back and the one I sold went up 500% and the one I bought went only 30%, but I don't call it a loss as I have still earned money, but I was really pissed off with my decision and mistake of putting eggs in one basket :(

you didnt lost any amount of money, you have earned your profit by selling your token at higher value. the thing is, you just sold your token immediately because of small profit you earned,you didnt wait for its price to increase. at least you have learn from your experience.

Maybe everyone has experienced the same thing. And it is true that long-term investors are more fortunate to avoid such a situation.

Yes, most people suggest patience when going through a bad situation.
But the real patience really is when we refrain from making instant profits, in exchange for greater profits in the future.

Do you know that you're lucky guys because you don't have lose your investment fund , if crypto market immediately dip after you bought it, that's only called loss .... , you already made profit but sold it before price pump, so I prefer holding for nice profit, short term interment too risk and hard to earn profit

You didn't lost a money in fact you profited. What you lost is the opportunity to profit more and I think a missed opportunity is better than losing money.

Yes its miss of oppertunity. Not a loss. I have to correct the word

Yes, that is the most important lesson in trading, patience is the key to success of all things, if you are more patient 3 days, then you will get a profit that is more than expected. Hopefully this is also a lesson for everything

In that way a lot of people is losing a lot of money. Patience in the key, if you invested in a good project, do not sell when the market is down, just hold it that the market will recover eventually. Panic selling is the worse to do as you will end up losing money, so invest and wait until reach the goal you are aiming for. After I invested in some altcoins I decided to stop looking to the charts and to my portfolio, until the market recovers because I want to avoid panic selling and hodl my coins without any burden.

Battle of emotions and clear thinking. You sell, you will lose. If your investment went down, just hold, time will come that its price will go up. The market is continuously expanding so just hodl.

I also got something like your story because way back January 2018 I got SXDT that worth less than $20,000 unfortunately I don not know how to trade during that time and sad thing is that a correction had happened and  prices plummet like hell and the market turns red until the time I laerned how to trade it all worth  like $4,000 and I didn't wait for a bounce back and sold all of it.  Lesson learned, patients is really a virtue. If only I wait for the good timing.

Exactly my thoughts!

Gosh, thats crazy too he sold it in under 2 hours. With good crypto coins, you can safely hold them for 6 months or longer. That's when you'll see the real returns.

Wow, it is true, you may be too anxious in life. Have it? The reason for fear is because of caution? Then I believe that even if you missed this, you will still encounter better. Because I think you are a cautious person.

Well,  I think that all major losses in digital currency are due to rushing  choices especially  at difficult times ( Pump, and big drop ) and it is not the end of the world if  you lose a large proportion of your money and believe me , you can learn from past mistakes and compensate the  losses with great profit. Just accept the truth ( Loss ) and deal with it in a smart way because the acceptance of what happened to you is essential in any field and it may help to overcome the crisis of the failure.
Furthermore, it is certain that patience is the key of success in the field of cryptocurrency but unfortunately, many traders are impatient and they want always a large profit in an easy and short time of period.

I would say nearly 100% of people who have been in crypto for over 6 months has a similar story. Yes, patience will be key. You want to be in the market when the explosion happens. It is coming.

yes panic is our enemy. I sometimes lose this enemy :-\. you need to read less news and watch prices on the exchange

you buy at 00004600 ETH and sell 00004800 ETH only get a little profit but you fail to earn $ 10800 profit so I think if you don't lose anything here .. you just regret to have sold too early

I myself often failed to panic when I saw the red candles for several days in a row, listening the screams that bitcoin would drop to 3000 dollars and all will be lost. But, really patient is the key, panic sell - its pure evil!

Do not let your emotions to control you. It is probably the worst you can afford for yourself in trading and investing. Everyone have story like yours, and we should learn from the lessons like this. Just be strong, crypto do not like "weak hands". Do your research, choose real projects and be sure about your decisions. That's how you can become millionaire.  ;D

Well, the market can swing either way.
Your coins could have gone bearish too, anything could have happen.So need to keep regrets .-.

You made profit in an hour and thats really good.

Yes it is possible and happened due to FUD. Just ignore it .Be practical and more calculative rather than being speculative. Hold your patience on time. Time reflects the best part of life. So time will say you what to do. You just need to wait and analyze to take the best decision at right time.

Yes, patience is the key to succeed in crypto market. The crypto market is highly volatile so the ups and downs in the values of cryptos are natural. But people nowadays are completely out patience. They panic so quickly on seeing their investments falling. They just don’t realize that by panic selling they are actually contributing to the dump and making the conditions worse than before.

It is true that only patience can make you to wait and have your profit. I have also learn my lessons from several experiences. There were some tokens i sold at the wrong time, just because i felt they would dip again. Could you believe that most of those tokens never fell to the price i sold them.

You don't lose when you sell at a higher price. Profit is profit, no matter how much. I would use the term "missed chance". Howbeit, the main thing to learn from this.

To the OP, i think you still gained when you sold them at a higher price. But you obviously did not maximize your potential gain when you sold them in a short span of time. What's important in your story is that you realized your mistakes and hopefully you will learn something out of it. Don't worry there will be lot of this coin and this time add a little patience when you find and invest in this new coin and see where this could less you. Good luck.

Since already happened so you need to be patient more or wait for you to be able to proved  more because you already gamble your money so still the key word here is be patient.

In such an unpredictable business as crypto investment, any, even a very small profit is already a good result. Especially if you received it within a few hours. It is necessary to rejoice if you did not receive losses.

you sell at the time you make your profit if not you would have being patient, for now the bitcoin is 7000 so it beeter when you sold it for 10800
but know one know what will happen before december

I don't think this is a loss, you only took profit when you did. What if you had waited 3 days only for the price to plummet? But one that I have learnt is that good coins will always win.

I think lost when you put your money and didn't get it back. And this is just you earn less. Down be so greedy, because of this quality everyone at begging loosing. Calm down and relax. Keep your brain fresh and money coming to you

we can learn something from this which is being patient is really needed in trading especially if we are holding good coins because good coins do not always increase in the short-time. so we need to wait for a while and even we need to wait for a long time before the price is increased. besides that, we need to prevent panic so we can think, analyze, and make a decision in the market.

Cryptos are not for rash decisions or impatient investing. You watch, you study, you learn and you hold. Past few months have been a free fall due to various outlying and inherent factors, and we need to wait for it to find its footing.

I too have experienced the same failure with you. Losing an awful lot of capital, only because I panic sell. However, after that I learned from the experience and not repeat the same mistakes. So for those of you who have never been, I recommend to stay patient. Don't be fooled by the circumstances.

I myself also lost a lot of money selling stellar, tron, ripple and verge too soon, but patience and hodling can be tricky in current market conditions. Hodling legit projects is usually worth it, but choose projects to hodl very carefully. Market is evolving rapidly and good projects get replaced with even better ones.

Wow, thank you for the story. I think patience can be useful key for the new ICO tokens, but you need to watch after old coins you are holding in your wallet, sometimes it is better to cash out.

It's just awful, but it's very difficult to predict. I think that you need to learn technical analysis of coins in order to make more precise decisions.

Hmm lots of people lost so much money due to panicking, even myself I lost about $30k because i sold early, could have just held and made some good profit, however, learned from my mistakes, now i usually hold long term.

But there are a lot of stories about too long waiting and patience,especially after January huge rising and there sudden falling.
The best way is to divide your investment and fix after small growth 50%,and then for example 30% , etc. Better not to lose,than to earn less

If everyone made a post like this when this same situation happened to them this forum would be literally flooded...

Sheez be happy with your small gain and move on....to sit there and think that you actually lost that money is pretty novice..yet by your name it says "Yes I am Pro"  ??? ::)

Your loss is nothing compared to what I did lost, and my loss hurts me much more because I don't have so much funds for investing, I never invested more than couple hundreds, I'm on the edge of being handicapped due to chronic, untreated illness (meaning I can't work, I can't even use a computer - lost x5 your loss because of that) and my mental health is in very bad condition.
OK, I held my coins much longer, but not long enough. I entered crypto at the end of 2013, in 2014 things were much, much faster, coins could go 10x, 50x in matter of weeks, so I didn't think holding my coins for years is good idea and I sold big percentage of them during pumps, just to find out few months/ year later that they were pumped even more. And don't forget BTC rise in 2017, anyone who sold before that lost a lot of potential profit.  


OP probably can and will move on, but not everyone can do this, I invested in 3 coins few years ago saying these are my last crypto investements, one coin died, another one I lost because of personal problems/ health issues/ theft (all of these played a role) and third one I sold too early losing life changing profits.

Always on a panic either you get less or you lose. I myself faced only x, I thought it would be even higher, but it got worse)

I did not have similar incidents, but I imagine how unpleasant it is. I think it's worth making conclusions from such situations

You never know how much token will cost tomorrow. You didn't lose anything, just made the deal and fix smaller profit that you could have in three days. Everybody makes such mistakes; it is normal situation on volatile market!

In one day you can earn more, in another – earn less or fix a loss. The best recipe is calm and patience.

I had a case where I waited too long, and the coin soon fell into a price and I sold it even cheaper than I bought .. In the crypt this happens ..

if that's how much your loser to buy is just altcoin or token it's better to hold it just wait for the price or bitcoin to increase the price because it's just the way to get you back then it's a lot easier if you sell it so it's better to wait for you bitcoin has increased so you do not get mad

you are impatient and in a hurry so that it hurt yourself, this should be a lesson for you and me, so do not always panic sell and sell in a hurry

There was a similar situation with me and I know how it happens. I think that luck in the crypt all the same is and someone was more lucky in this situation.

And if there was no growth, would you lose $ 6,000? I understand this is a short-term investment.
Here the whole point is, what is the amount for the investor is safe? I can afford to lose no more than 500 - 1000 dollars on 1 transaction, ICO. If I believe in a project, then I can afford to wait a year if the amount of investment is not large. However, here it is said about 6000 for a short time and you didn't wait. U sold with a minimum profit. This suggests that this is a fairly large amount for you, you are not ready to take risks and waste part of the investment. Investments are not only a "potential" profit of 10,000, but also large losses. There are a lot of examples, the last - Titanium.

I really hate the post like this. You didn't lose anything but made a really good day trade. If I count the money I have "lost" the way you have, it would be more than 100k easily.

everyone has encountered such a situation, so we need to accumulate experience in the investment, so when you just started entering this market, you can choose a small amount of investment, when you know enough about the market and then carry on a large amount investment.

I will understand if you panic when the price goes down. But you panic when the price starts to rise. You can not expect big profits with only little guts.

I agree with you. Personally, I used to sell coins quickly. Now I do not do this if I know that the coin is good and that support is excellent, then I hold the coin for a long time.

You have not lost anything, because you sold before the pump.
Don't say that you have lost because it is not like that, you have a bad concept about it.

Many friends of mine are in the same situation and now they regret it. I invest only in the projects I believe in and I hold even when the market goes down

You shouldn't really think like that, profit is profit. Hindsight is 20/20.

Don't worry , you got a great lesson and didn't pay a lot of money for it . Remember your failures and draw conclusions not to repeat this mistake the second time .

Even if the market is falling as bad as it is now. I don't have too much panic and I won't sell my cryptocurrency. Because I believe the encryption market has the possibility of recovery.

Dude, you did not lose anything. You actually gained something because you sold at a higher price. What actually happened is that you missed out on the opportunity to earn much bigger because you sold too early. This is the problem with most day traders. When they sell too early and missed out on higher profit, they keep on telling people they lost this and that! How can you lose something you didn't even had in the first place?!

of course, this can be a learning experience for. Crypto is indeed promising yet though so if you only take a decision in a hurry will only suffer losses. impatient in selling and want to buy in bulk as price not too sure lace became a very risky thing to do.

you should be grateful despite getting that much profit, it's not a loss, still can be regarded as profit. indeed sometimes we panic for fear of the price dropped suddenly. but the next day, the price even jumped up 2x from the price when we buy it

therefore, in the crypto, when you buy a coin, it is better to give the target, whether it is short, medium, or long-term

but I think you should not regret the decision you have taken, because no one knows what will happen to the market the next day. but you can make it a lesson when buying coins that have a good potential rise should hold for longer.

Agree, if you do not have the patience then that would be the consequence you are going to face like losing your investment instead of gaining profit.n Patience plays a big factor of your strategy with cryptocurrency investment and therefore, I would suggest that you should have to hold your coin wisely and be observant in the crypto market and be updated always.

It is not that you completely lost, you won .000002. it is that you could win more, that is true! I understand but you never know, it may have gone down.

You didn't lose money since you made a profit, you just didn't make as much as you could have if you holded. You were just a little unlucky this time but to be honest the three days after you decided to sell could have went either way. The values could have actually dropped alot in those three days after you sold instead of increase, so like others have said it was just a gamble  :)

Panic, in every activity in crypto or in the world, will not make good. I know that being panic when realizing that the price is dropping, we then become panic and sell all mine. Or, when we know that the price is going higher, we panic buy and then buy the coins when the price is high. That is why, when involved in the crypto, what we must do is not being panic, whatever the situation.

You didn't lose anything, you made profit but yes you could have made more if you didn't sell early. This happens with me as well but taking profit is always good instead waiting and becoming greedy for more. We can't guess if we'll gain more or we can lose the current profit as well.

at least, he can learn from this lesson and he needs to have more patience to wait for the price increase back. and if we decide to be an investor, then we need to have a big patient because the investment that we made need a time before we can take a profit so from this, you can get a good learning and you can stay survive in the future. and if you think that you can make a big profit in the future, then you should wait and hold the coin so your investment can give you a profit.

This market is extremely fierce and you know that if you win then there will be losers and vice versa so it will not be easy to succeed in the cryptocurrency market. The loss of money can be limited if you have more knowledge about the market and catch up on market information. Take the failures to do lessons and avoid those mistakes in the next investment.

Its always good not to sell immediately and also not to feel too relaxed because prices are going up. I was in a similar situation but i didnt sell quickly. I had Hydro coins over 4-5 days it value rose in triple. I was waiting for a day or tow extra that it will grow more... The rate the price crashed that night was devaastating. I lost more than $1500 by the time i finally withdrew. I learnt my lesson

What you described is Fear of Missing Out in its striking evidence.
You should be grateful for even making this very profit and not losing everything as many guys here did.
At the same time, it's your personal experience that hopefully would make you wiser next time.

I think we all have similar story to share and we all lost some money to panic but your amount seems quite big so i am really sorry but you at least learned from your mistakes and wont do them again.

Panic always make wrong decisions and wrong decisions always make troubles. Never sell in panic as this market rebound very fast on a positive news and if you sell in panic you never catch your sell coin again at that price and that is another notional loss.

 ;) Wow, it is true, you may be too anxious in life. Have it? The reason for fear is because of caution? Then I believe that even if you missed this, you will still encounter better. Because I think you are a cautious person.

what you say to people in case of emergency..That's right-do not panic and do not create panic.Very often people panic,hurry and eventually lose both the head and money.Be patient guys

Still you didn't lose. you only profit a little. The key is patience, many traders and investors experience what you experienced from your mistakes. Just imagine that if it dumps, you could lose more.

I agree with you. I've experienced the same thing, the difference is that the coins we invest are not the same. But at that time I was not worried because I believe the coins I invest have a good future. And right again, patience is the key to all success.

Never give in to the panic and opinion of most people. But do not worry much, there will still be an opportunity. In this case, you have not lost anything, you just did not get extra profit.

This is a lesson which everyone out of us must learn one day. There are few who learn it without losing anything but there are others who only learn this thing once they have suffered a lot of loss of their money and for that, they regret for the rest of their lives too. So, you must make this thing understand to yourself that you will never lose your control over your emotions in any kind of situation.

Hope this thing will help you in your future decision making. This lesson will surely give you knowledge in your coming transactions. Think of your loss as an investment because it made you learn something.

You are correct...patience is key in this crypto game. 

In crypto business no one can tell when exactly the exact time to sell your coins if you were able to sell in full potential prices level your lucky enough just bear it in your mind that not everyone is lucky in this business.

As you said patient is the key. Many of us made this mistakes but we will learn by taking lessons from our mistakes.

Thanks for the story. This is true to the whole crypto market. Patience is the key. I myself lost many times due to impatience and they were all good lessons for me.

all of us really need patience when we are trade because with patience, we can wait for a while and we can make another step if the market is run without any notice. and not just you that lost many times, I am sure that every trader have this experience and we need to learn from this so in the future, we don't have to lose again and we can prevent to get a big loss.

Indeed patience is a true virtue when it comes to cryptocurrency business because anytime your coin value may triple its price from last day to present and even more higher than what you are expecting. This just mean that holding our coins and believe that it will be successful maybe we can gain more profit. We should avoid loses as long as we can.

Don't what know IOTX is, probably some random coin that got pumped. But I don't see how you made a loss? You bought at .000046 eth and sold it at .000048 eth. So you already made a profit. The price got pumped up more and reach another price but this does not mean that you have incurred a loss. Wait for few more weeks and if the price goes below 0.000046 eth, will you be saying that you had made a loss?

Yeah, one of the main mistakes is panic. Just wait for 1-2 months or even more and coin price will be more than previous. Of course, if it is not shit coins..)

Not always. I believe that it is necessary to fix the profit. But I sell only 50%, the other 50% I leave in case of a large growth!

A new wave of panic has already gone, which will now lead to a loss of the deposit, you do understand that such actions usually lead to this result, this is not news today, it is best when people understand this.

I don’t think you lost any money here, you merely lost the opportunity to gain $10,638. You have already make a gain by selling at 0.00004800.

Anyway, don’t feel too bad about this. Find another opportunity and hold.

Well put. This is something that many people tend to forget. Any amount of profit is profit people at the end of the day. Why is op moaning even after earning decent profit from his investment? It is true that HODLING is effective in many situations like the one you described above, but it is easier said than done. Pumps and dumps happen on a regular basis in this market due to the extreme volatility associated with it.

You are talking about patience, yet you are talking about hours or 3 days. Patience is much more than that. If you are a trader, patience is not a virtue, because you need to have a system, a method, and apply it always when you get the signals. Patience is no virtue because you need to cut losses as soon as possible, and let the profits run as much as possible. You do not trade with your feelings, but with your method.

Patience is for those that are wiling to hold long term.

Agreed. Panic is the toxic makes us think unreasonable. Too bad to think in rush but we must be quick at the same time.

this is when emotions interact with your trading skills. It happens to me and in recent days it started to happen to me quite often, maybe in these cases I shall give a pause to the trading.

Yes, people do something irrational when they panic. The market has fallen, and people's first reaction is that their interests have been lost, so they want to reduce their losses and sell their cryptocurrencies. In fact, we should need more patience and wait for the market to recover.

I think this mistake is really normal in this cryptocurrency world cause it's impossible to know what will happen in the next day in this world :). Of course this thread would be a little bit different if you were still holding IOTX and its price was dumped to hell. LOL. I don't think you should regret about it cause after every mistake you always learn a new lesson ;)

Yes patience is the key to our success. But in your case you dont lost any single money but you lost big oppurtunity to get huge income. Just HODL and make sure we will get a better income into the future.

Wow! That was a huge amount of profit that you been missed. What you feel is a normal feeling of every trader out there for that kind of same experience. However you should consider the thing that you did not earn nothing, this is what matters. Many traders were/are keep on holding but after the long time of waiting they lost the chance of making profit, thus not all the time to hold for the long run is a wise move.

I hope the altcoin you buy is immediately restored, I also have experienced it but not too many losses that I get. I am so frustrated and confused what to do, so I wait in the long run and finally the price increases far from what I imagine hopefully it also happens to you. and do not wait too long!

If I may add (sorry if this was said before): with any investment, fiat or crypto, it's always a good idea not just to avoid panic, but also diversify your investments. And since crypto is highly volatile it's always a good strategy to invest smaller amount, no matter how promising the project is. If it skyrockets you will still get some profits, and it's never too late to add to the portfolio, even at a higher price.

Heartbreaking title! Painful lesson! But realize that you're making a profit anyway, but less! There are many people because of greed, not only lost the profit, also lost the principal! So you're the best. Take the next time!

I certainly agree with you. You're not the only one with that kind of situation because most of us holders are facing the same risk too. However, the best thing to do during this situation is to stay calm since we can't do anything about it. We should just have more patience and just keep on hodling.

Yeah, patience, sober mind and - what I call a business gene (read. knowledge of the subject) are the keys to success. I use all of this in order to make profits, yet recently recently I've found an interesting and helpful tool called Cryptics. I just take a look or two at their AI forecasts so to know whether I make the right choices. The platform is very interesting, yet to be reinforced with other cool stuff. You may check it out, maybe it'll be helpful

which you say is true, but I think for now you should be able to wait for a long time. because right now I see all altcoins are dying and it's almost close to zero in the native currency in every country. hope bad things do not happen to you!

Are you joking? Here people for half a year of the bear market lose huge money, and all are already running out of patience, and you say that you earned less than you could. Nothing to say :'(

For me it doesn't matter, the price you are selling, I believe you think there is value in the market when you sold, there are alot of tokens that have taken a huge dip recently and if you have sold early you would be gald. The most important thing here is that you should hold a project with great potential to change the space

Thanks for sharing this.Yeah , always keep saying that patient is really important.People should not worries about market is very low.So , wait until good profit.

only "IF" you could wait 3 more days, but it seems that your are too eager to sell it for some reason, or you just panic due to the bear market. but dont think about it, just move on, at first its hard to forget, but you will forget about it in no time.

Your senses is not good enough to give you signal to hold for 3 more days, besides trading is like guessing on what is the direction up or down. Anyways the good point you gain profits and you get experience. Move on and look ahead there's many opportunities in crypto. Past is past you can't undo the situation.

Well , thank goodness that someone pointed out towards the importance of holding in a practical way as a live example .
This proves that holding your coin is a big investment you make for the future . Let us consider bitcoin , people who held it from 3 years would be sick
rich today . So many potential coins are entitled to get a good value in some time.

I have lost a lot because I did not have enough patience. The change in the encryption market is really too big. We don't know when it's an accurate investment time or sale time, so we have to wait patiently.

yes you are right, the price of cryptocurrency might change in the future because of the market's volatility but if you are holding a coin that has a good platform then you can always wait for the price to grow back in the future by just having enough patience.

Patience and balls is the big key for you to earn really big here in crypto it's either go big or go home. If you're giving your full trust on a project on their coin yes it may go down than what you've paid for if you have trust on that you should wait try and hodl on your coins.

Such things happens with many traders but my friend you are not considering you made profit in just one day. If market reverse you will book loss too so you are lucky you made profit. But one thing you never know market will drop or rise So its not a matter of loss but if a project is promising and you believe it will grow so one should consider to hold it for long term to get the maximum profit. Its all about your holding patience.

Panic has been the weapon of most the great investors here in the cryptocurrency world.They intentionally realised more tokens in the market and the prices drop and so many people will sell out of fear so that they can buy cheap from the masses of people hodl and sell high later.

I do not think that you lost this money. You're not Vanga, to know how the course of this or another coin will change. You should calm down and analyze the market, and in case of failure, do not think about how it would be if you waited three days.

This is a loss that people can't avoid because you don't know when the encryption market will fall, and when prices will rise, we can't be sure. This will cause us to make mistakes and lose a lot. I think we can be more patient.

that was really sad, and I feel your regret. I do have the same experienced before, I bought an altcoin with a cheap amount, then suddenly increases after a month, it was really a bad experience.

That's the best thing to do, move on and forget about it, those opportunities should be learned and use it as a learning process to play with this wild market inside exchange, we really can't tell when the value will go up or down, the best thing to do is to learn from your experience, that will bring good instinct and you will be able to anticipate if value will fall or will continue to grow, aside from that you will also learn how short and long different from each others in terms of gaining profits.

That is a really big money you've got lost this is very lesson learned i am patiently waiting for the moon in the token that i bought last time so i am waiting for it. We all should consider that patient is the key here without that we will gonna loss all our money so goodluck.

Yes he actually did not lose his money, rather he lost an opportunity to maximize profit and I want to believe poor timing was the culprit because knowing to choose a right coin to buy just before it get pumped, shows good research and analysis. I think what OP needs, is to enhance and fine tune his exit strategy = suggest the use of a combo of RSI and Bollinger bands to get some clearer pictures of an overbought market about to reverse and he will be on his way to picking up all those money, he has been leaving on the table.

You didn't lose anything, you made profit but yes you could have made more if you didn't sell early. This happens with me as well but taking profit is always good instead waiting and becoming greedy for more. We can't guess if we'll gain more or we can lose the current profit as well.

I also had the same mistakes as you did, and I sold my cryptocurrency too early, which caused me to lose a lot because its price has risen since I sold it.

I guess these things happen. Sometime we have to be grateful and look at the fact that at least you made something.

I agree with your point of view. When you have a good cryptocurrency, then you need to have enough patience to wait for its appreciation. The market's fluctuations are very large, maybe it will bring you huge Wealth.

In the first place I made such mistakes. I lost a lot of money for panicking and selling. I am not panicking at this price, because most of what I have already suffered :D i will wait till see ath, need to see better pricese :)

dont worry. you just did a day trade. long term holders have enjoyed that profit. thats why holding is key of success. if you have done a trade then dont think about it again. pumps and dumps is normal in this market

Most people in the crypo industry lose patience as soon as they see the market detarrioriet, its just a show of how much people don't believe in the ability of cryptocurrency, this impatience has let to a huge losses before and will continue to cost many a considerable amount of money, hold on and be patient with these coins and you will reap big

Yes, excessive panic will make us make wrong judgments. I think that even if the market is down, but we do not have too much panic, we should stay calm, and we should not sell the cryptocurrency in our hands. We should wait patiently for the market to recover.

Patience is the key of success and panic gives you always losses so never panic in market down fall and sell your altcoins in loss. Market recover from its down fall after a certain level and cross its last highs many time.

You were very stupid. Why would you even invested the money and bought these coins that they would you sell in few hours?? Why did you come to crypto investment? You've been very unreasonable. In any case, you have gained the experience with which you are now sharing, and I think for others it will be a lesson. I invested it and forgot it. And speculation is invested and you expect that tomorrow the price will rise. But you have to be patient.

It is easier said than done. Upon seeing a bearish market every person in this world freaks out and the more it extends the more the negativity spreads around the forum. So I don't really think patience is the key. What matters more is knowing when to exit a coin and when to enter a coin. If you can figure that out then you would make a lot of money.

Yes, panic is easy for us to make the wrong choice. I think that even if the market falls, we must remain calm and do not sell our cryptocurrency. It should wait patiently for the market to recover.

This story is still instructive. Although in this case I can understand this man. The market is in a bearish trend that does not guarantee for the growth of any token. You were trying to do as safely as possible, so as not to lose everything. Do not fall into the syndrome of lost profit.

Don't be sorry. There are still hundreds of coins there that have much more potential to give you more than $10k. You profited but still you feel bad so let me remind on how many traders experience many losses.

Tell that to the people who made a fortune in the wave market. If you do not know how to trade, it is better to start small amounts, the rest to hold, and not to panic.

patience is very important for people who invest their money in cryptocurrency. sometimes you just have to wait out the moment of the fall to earn your money later. legs start to panic selling their coins lose everything and get frustrated with the cryptocurrency.

This is a very big money, I think that patience today is really important, as it is probably air for people, this is a very good analogy, because without air you will surely die, as your deposit can be exhausted without patience.

Many people lost their money because of the panic situation. Moreover, when someone trading and seeing that their coin price is slowing down, they will sell out all the coins panic. It is absolutely not wise regarding to the key of success in trading and investment. Many people experiences have been becoming the lesson for us. So, it is better to be more patient to gain more profits and wait until the right time to buy or sell.

Yeah, you make sense. Investment takes some time. If you don't have confidence in the coins you invest in, then you might as well not invest in it. When you don’t have confidence, you will make wrong judgments because of panic, false news, etc. Just like #1 this friend left regret  for himself.

I am sure that each of us here made the mistakes that you have mentioned. When I started dealing with the crypto, I was a very impatient guy. I was in a hurry to get my profit too early and lost pretty much.

I think lost when you put your money and didn't get it back. And this is just you earn less. Down be so greedy, because of this quality everyone at begging loosing. Calm down and relax. Keep your brain fresh and money coming to you

That's a big mistake for you, so now you experience losses by the next situation make it sure you're already handle negative emotions and not too greedy when it comes to selling coin. Yes, I believe patience is the key towards success so we must able to wait until prices pumps up for the positive result.

I agree with you, patient is one of the most important aspects for every investor. Unfortunately, people only realize it when they lost, like in your situaction, i believe in you will not do this mistake again

No mate this mistake we can do again and again because when the market is green we will not sell our coins and expect more profit. suddenly the market will turn red again we wait for the previous price so this process will continue and we miss an opertunity to make a profit. I also lost my profit in IOSToken it went up to $0.08 today the price is $0.028 almost 200+% loss.

Oh well, it could of gone down.

That's the real problem mate. If you want to make profit with the any crypto currency they are not actually need to inpatient or patient bro. All you need to do is wait for some months and sell the coins when it bumped and buy the coin dumped back
This will be good move to improve in trading mate.
For long time also you can do patient skills to make money for it.

This is not panic loss. You sold it with a small profit. You didn't loose anything, you just sold it too early. Panic loss, it's when everybody sell in afraid of loses or, if you sold cheaper than you bought.

Personally I think you should be looking at it as a WIN not a loss. You made profit!!

If you're gonna worry about every trade you did not selling at the ultimate high then maybe trading isn't for you. In this space there's loads of opportunities a day to make or lose money, so just be happy you made profit & move on to looking for the next opportunity.

You should be thankful!
In this crazy market that we hear some exchange got hacked once in a while , you are lucky to got some profit in that day coz today everything went down again , it is unbelievable , hackers just hacked when market was refreshing after a long time!
just be patient , and never get greedy , getting 10% in 3 days is like gambling not trading.

We recommend that you wait for the first or hold the coin you advance until the price rises in the market and tingg you must learn to be patient to wait for the price of his son

you have heard before. it's probably been said a lot before. "patience" in investment matters is definitely the key point. For example, I am a very impatient person, but I think it is necessary to wait for a while if the subject is an investment.you have heard before. it's probably been said a lot before. "patience" in investment matters is definitely the key point. For example, I am a very impatient person, but I think it is necessary to wait for a while if the subject is an investment. This is a situation that can not be seen without losing more. selling earlier investments can provide you with money in a short time, but later you will probably regret it.

It depends on your goals or strategy. What if you are wanted to make profit by the short period of time where you only base at the news to connect with the volatility of the market. Because mostly in daily trading are needed to have enough capital to make a greater profit by means of just 10 to 20 percent up. Then if you don't have enough money to come up with that works then find altcoins that have potential to grow within a month or less than a year to raised big money. It's up to you guys which ways will it work to you.

Not just patient, but you have to brave enough to hold your coin in risky project. Actually many people worry that the coin will dump and not rise anymore moreover with this red market.

ts is someone who is greedy, be thankful because you still get a profit. what if someday you buy a coin for 30 $ and then a few hours after you buy it suddenly the price drops to 1 $, I'm sure you will surely kill yourself.

It's not like you had to pay for it from your pockets, it's just that you weren't able to make such high profit. If you are active in the crypto market than you will find many such opportunities in the future. You shouldn't feel defeated but should be more excited for the possibilities that crypto markets hold for everyone.

This is a very large loss(. It seems to me that you have chosen the wrong strategy. You had to sell your coins with minimal losses, and not wait for the market to recover.

I have been a victim  of this before and i had learnt from my mistakes long time ago when i loose almost $500 just because of my personal fears, though this is a lesson to you as i have learnt my own lesson long time ago. Nothing rewarding like holding and waiting patiently to see the market cap growing.

Yes, it can be very difficult to wait. Here it is necessary to assess the chances of a coin, how much it is generally needed by the market, what is behind it the idea. In most cases, you just have to wait. But how to train?

Not trying to be a bad person to you, but that was not bad luck you made a mistake in trading that is all, this is why it is very important to know why you are investing in the coin and what kind of profits you are expecting out of your investment, this information is critical if you want to avoid panicking when things do not go your way immediately after a trade.

Yes, panic is our worst enemy in the world of trading and investments whatever crypto or not. We should not panic, because this can lead us to the wrong decision and losses. At a time when newbies panic and sell coins, professional traders make huge profit.

U don't seem to me like someone that wanted to hold the coin for a long term. U strike me like someone daytrading and that is your strategy. The only thing that made you regret is seeing some coin u held some few days back increasing later on.

For a long time everyone knows that patience helps to earn. Someone learns patience with their mistakes, more intelligent people learn from strangers.

I also have one experience i was lost half BTC.i had invest in altcoin all going good. one day my colleague say withdraw your coin.he said after 2 day this coin rate would be goes down. I did not trust on him and after 1 day they deomonetize the coin and  they take 10 times coin of our amount.soby mistake i sold the coin at low rate.After that i learned lesson from it. patient is the key of success.

Yes patience is the key to our success. But in your case you dont lost any single money but you lost big oppurtunity to get huge income. Just HODL and make sure we will get a better income into the future.

Here you yourself are to blame. I wanted a quick profit and got a penny, but could wait a little longer, be patient and get many times more. But none of this is insured, and you could not know where the price will go further - up or down.

You are absolutely right. There's trading and then there's gambling. He simply gambled and didn't follow the simple rule of joining the train when it has already taken off. I've been burnt before while chasing trades and now I've learnt my lessons

The fact that no one is insured, it's true, but a large percentage, or the probability of how to say better. The fact that the expectation brings success. If you invested in a coin, then you know about what will happen to it further. At some point you see growth, and you lose faith in it and sell everything. Lutshe most, just immediately put yourself a goal in a certain amount, and then merge.

There is also a lot of loser in holding a token you really need to buy at a cheap tokens price and it's a bad day to buy tokens.You have to wait until now because the price of altcoins and tokens is still falling.

yes you are right to sell when panic is very harmful you better be more patient and do not easily panic facing bad news in some media.

I think we all have similar story to share and we all lost some money to panic but your amount seems quite big so i am really sorry but you at least learned from your mistakes and wont do them again.

Maybe you have to change your mind. When it is down now, you won't think so, so don't regret when you sell the right opportunity. Because you don't know where the market is going.

well bro, don't worry you will have other occasions to make money!
this story helped you to understand how things go.
next time I'm sure you will make the right decision and you will earn more money! good luck

You didn't lose money since you made a profit, you just didn't make as much as you could have if you holded. You were just a little unlucky this time but to be honest the three days after you decided to sell could have went either way. The values could have actually dropped a lot in those three days after you sold instead of increase.So its not a loss at all

Yes, we've all been there

There is lots of stories like that. Unfortunately most energy is given for stories opposite to yours. i lost 100000 because I think I know what I was buying :D Most of them still living in game mode (WoW?), where you can ask anybody on web for opinion and gets only wrong ones.

that is a great lesson for you to be more patient and chill upon the ups and downs of the cryptoworld. i have a lot of bad decisions too but i learn and stand strong from it. it is not impportant how you fall but how you stand again and begin again.

Patience is very necessary because it can provide peace and not rush to sell crypto. And therefore strategy holds better than selling too early.

I am very concerned about the incident that happened to you. Hopefully, you get a bigger change. Let's just say it is not to be your fortune. I also always emphasize for myself not to panic and hasty in making decisions because it usually brings a mistake in decision-making that leads to regret. I've experienced it. At that time, I was impatient in waiting so that if I am patient within two days then I can get triple profit. It makes me a lesson to be more careful again. So, I will not be affected on trends or issues without me doing my own analysis.

Firstly, I like to believe that I create my own luck. This believe serve as a solid base for my decision making. The quality of your trading decision will either make you money or lose you money. So it is important that you are making decision base on sound knowledge.

There must be many peoples like you, sell tokens or coins too fast, you are not alone  ;D
In cryptocurrency, mostly you will need to hold your tokens for quite time. Except your tokens have a bad project, just sell it and buy others.

Yes, patience is key even in life generally and in crypto. Even if the market is going down and dipping very low, I believe if you are patient enough to hold for as long as the market recover, you will earn a reasonable profit by the time the market  recover and the price of the coin begin to grow.

Listen, in this thread people very carefully explain to you that you do not need to do this, it seems to me that it will be available to even a newcomer if you filter out the essentials and collect all this in a separate branch.

You should learn the lesson of doing such thing. you should have waited for its market value to again rise. Indeed, the situation at this moment is a bit scary but knowing that there's always a tendency for the market to recover even if it take months to happen, holding is more advisable. It is only the price which is falling not the amount of holdings. It is just patience that is needed in order to avoid such loss of profit.

the most difficult - to understand, a good coin or not
I will give to you the return example: if the person has made a purchase for $20000-15000, then if he waits 2-3 months he will be able to be on sale only on 6200) a conclusion is obvious. The main thing - to find an entry point and an exit

That is the biggest fate of the traders, you cant predict when your coins gonna be reaching its high prices. But dont be sad, you earn a good profit by doing trades. Whats important is that you gain a profit, that's what matters most. In doing trades, you must be just on your judgement and when you have made a bad move, just move on.

The FUD is intentional and sensationalized, the fundamentals of crypto are no different than they were during the new year. Media feeds on this, and your perception is driven by their fear mongering. So if you wanted to get back power, then stop listening to the very same media machine that drove you here.

If it was to buck the system, are you going to run every single time some government shouts regulation?

If you truly believe in cryptocurrencies/blockchain and everything it has to offer the world, and the people, then you would have the resolve to stand your ground and be there when it comes back stronger. Which it will. It always has, crash after crash.

And if it was for profit well you certainly just let that one go.

Stay thirsty my friends!

Actually you didn't lose anything since you have sold your token on higher price than you bought. You only missed good chance because you sold too early.

Don't be too greedy. the results that you get it already is an advantage and that's what's been the best for you. Indeed if you want to be patient and you will get more but of course maybe less could be less good for you. be patient is indeed the key and can be used as experience. but most importantly don't be greedy to get big results.

Since I entered the cryptocurrency, I have been panicking at the beginning and I have been staring at the phone all the time. Later, I feel that since you cannot afford the ups and downs of such funds, why should I stay in the currency trading area? It's better to save money to the bank. Every trade you make is a risk. Regardless of whether you are profitable or loss-worthy today, you have to bear what you have chosen, so you don't have to worry about it.

it's just like me. selling tokens with bad markets will add to the loss. it is better to hold the token or coin until the market recovers. if you have better money to buy back in times of bad market conditions to add assets owned.

You are not considering you made profit in just one day. If market reverse you will book loss too so you are lucky you made profit. But one thing you never know market will drop or rise So its not a matter of loss but if a project is promising and you believe it will grow so one should consider to hold it for long term to get the maximum profit. Its all about your holding patience.

Everyone is talking about what we need to be more patient, and all make the same mistakes. It's just a mystery ;) I keep any coins until they grow in price at least twice and only then sell. Even if they grow up 100 times a day, I won't care, because I have already received 200 percent of my investment.

I'm for it, too. Today, the strongest projects survive, which the Davos hard put on their feet. Because of market instability, everything can be lost or earn fabulous profits. Therefore, do not panic, but you just need to grow the crypts.

Yes, your story is another very illustrative example of the fact that we should not rush to sell and only thanks patience, we can earn the maximum profit. Of course, the choice of coins for investment should be approached very deliberately, but if you have already made a choice and bought it, despite not that you need to hold these coins until the price reaches a maximum value.

This is not a bad thing. No one knows the direction of the market. When you have profit, it is a very rational choice to leave. This shows that your risk control is doing very well. You are not gambling.

I lost in the falling market about $ 100,000 and do not worry about it because after bad days will come good and growth will be in any case, but when I can not say

That's right. The only thing we will get when deciding based on panic is the loss. I have ever experienced that kind of condition and I thank because it will teach me about this important thing. Now, we must be more patient and calm whatever the market situation. Just think to make a good strategy to face the market.

Been in this kind of situation, I felt awful afterwards. I learnt a very important message since then which is any coin I see potentials in I hodl it no matter the panic surrounding it and if at all I have to sell then I'll sell part and leave part. Am holding privcy now and will continue holding.

I see, panic selling indeed never give us a benefits to do. I think i understand your feeling because i once in a condition same as you.
No need to sell your coins or token quickly if it have a good products or projects. Just hold it for long. Cryptocurrency is a long term investment.

Because of the volatility of the market some people have lost their faith in the digital currency market because they had lost so much money investing in it. Before engaging in any such projects / tokens / coins / altcoins you have to be mentally prepared so you will avoid huge losses and we have to remember that patience is really mattered in tradings.

Anyone who is not willing to be patient should not be investing in cryptocurrency because being patient especially during bear markets where prices are just depressing is a big part of becoming a successful crypto investor. Patience is always what you need to make a lot of profit from your investments in cryptos

you have to invest in something with this money you have entered into this btc or altcoin sector. If you keep your money in your wallet, you have invested zero. unfortunately, if you take your money to the bank at the moment, you are investing zero, and if you have a bond, you are investing zero. There is no doubt that a portfolio of altcoins in the long haul will provide much better return on paper than on assets that do not generate revenue, such as money or gold. It's also considered in the long term I think my idea in this direction.

That is just the way it is, the market is unforgiving if you sell at the wrong time you are going to lose all your money, just look at what happened to all of those that bought their coins in December and have sold already incurring in big losses in a short amount of time.

If you are a real trader you won't feel you lost,  profit is profit no matter how small it is, what of if you had wait and it dumps, it just the way crypto works

 Wow! This is a costly lesson that you experienced, usually for me my experience cost me a bit less amount of money, but what is rich for me is poor for somebody else, and the opposite what I consider as poor can be as rich for somebody else.

and if you still cannot manage your emotion, you cannot make a profit at all because emotion is take the important part of the trading. sometimes, we can see the price is up to high and we want bigger profit and it makes us still hold the coins. but in the next few hours, the situations change because the price suddenly drops and you cannot make any profit and even you are getting the loss. having patience is the key in the trading and you need to have this if you want to be a successful trader.

as investors say the best lesson that the financial market can teach you is when you lose your money at this point you realize whether you should do it or not. if after losing money you start to study literature and try to get your money back using new knowledge, then you can become a good investor in the future

This is something that every investor will experience. You don't have to blame yourself. When you're still a novice, making mistakes is inevitable. You just need to learn from your failures. I believe the next time you will do it better.

A sad story, but it proves once again that you need to keep coins, a good crypt will always grow in value!

good coins have a chance of good growth, even if they fall in the short term. this is an important rule of the investor

it is very hard to lose money when you invest and cryptocurrency. but the financial market is too unstable to always be sure only of profit. indeed, you need to be patient to wait and wait for the price recovery.

if you have too much patience with some projects you can lose everything though. Don't let the patience blind you, sometimes it is good to sell early than to regret your decision later. The fact is that you always need to follow the market in order to make a smart decision.

This is the life,cryptos pump and dump , you must accept it!
 ;)

I totally agree with you, I also understand your regret, but what is past should not be remembered, in my opinion, you should choose the best coin and only sell it when the target enough It's high up too because you're done, it's better to swallow than to shed tears

In this bearish trend, i think more than 50% of trader is in loss, and trader who can recover that loss is trader who patient wait for up trend. The market is not all the times high and also not all the times on bearish, this two different way will change and that mean downtrend will change to uptrend later, wait patient and learn from mistake is only this we can do now to recover loss.

Many people focus too much on the technical aspect of trading and while that is without a doubt important very few books talk about the management of your emotions, and if you are incapable of doing that then it does not matter what strategy you use you will lose your money to the market.

Always keep patience is also danger. Because in bearish trend we cannot analyze how much the market falls. Especially in this kind of situation better use stop loss. It may avoid some risk.

yeah, i already know about it. For newbies i'm suggesting to be really patient no matter what. It'll pay off, just don't panic in situations like that

I think reading a book about management of your emotions will better to know how to control your emotion and the best thing that we can do is keep practice to control the emotion. still, controlling the emotion is the one things that really difficult and it needs a time before we can easily to stay calm. maybe one of the ways to control the emotion is by leaving the market for a while and don't think about the trading and come back to the market if we are not in high tension.

This is what many investors tend to forget, everybody keep saying hodl, be patient but forgetting that all these are mere hopes and there is no guarantee that the coin will go up. They are a lot of coins that are have been below their ICO price with no sign of them ever reaching the ICO price not to talk of getting higher than that.

After a bad trade it is important to relax and to stop trading until you are able to recover from the loss, some recover quite quickly but if you need to take a few days to recover do so, because if you do not and you trade before it you are only going to lose even more money by trading in that state.

This is not lost. You have profit small but profit.
No one do not know whats happen in 3 days, you can lost really 10k.

As Benjamin Graham says "Holding assets for a few hours at a time -- is one of the best weapons ever invented for committing financial suicide."

You should always research everything you invest in. Through research, determine what an asset's market cap can realistically reach in the future and be patient. Keep in mind that a long-term investor is the ONLY kind of investor there is. Someone who is impatient and can't hold assets for a long period of time will eventually become a victim.

I cannot count the number of times that I have heard people talk about this. Before you invest you should always understand that waiting is part of investing in cryptos. You have to make sure that you are willing to be patient. I am sorry that you lost so much money,hopefully this serves as a lesson to others that if they are not patient then there is no way that they would be making money.

patience is the most important psychological aspect in trading on the exchange crypt or other assets. you can not panic. But experience comes and panic goes away

You cant use hindsight when trading though.

I too have experienced such a thing. Indeed if you're still unfamiliar with the circumstances that there is necessarily a panic will be the biggest enemy. but to be able to anticipate at least can learn from experience and more patient to hold so can get big results.

Be patient and be smart as well. When you making so huge profit in a day and if your target which you had set breaks through then do sell rather than always keep waiting because of greed.

I have both panic sold and fomoed into a buy so either one is a bad decision. We need to be patient and stick to our entry and exit points for whatever we are playing in, long or short term trades. We must not run with the panic or fomo sentiment of the market but only invest in projects that if we have to bag hold for a very long time, we are confident enough in holding it long term without pushing our panic buttons. I hope we all learn from the harsh lessons that have befallen us during this ugly bear market.

Yes, it happens, trading without risk does not happen, you need to learn from your mistakes, make more reasonable decisions.

That you hold investments to invest them and monitor the breaking-in and the fall of bitcoins. It's because the market for which you need to fight.

Don't be upset, who hasn't regretted this market and missed a good chance. The time of cryptocurrency is erratic, and it is difficult to determine whether the currency you own will depreciate greatly due to contractual flaws. You don't know when the currency you hold suddenly spikes.

It looks like you have made one of the most classic crypto mistakes. We all went through that one way or another, in my case my "loss" has been much much more, but I would not call those "losses". These are just missed occasions, and this will happen again and again in crypto. Holding is the key, but only sometimes. I've also "lost" a lot of money holding a coin too much.

Patience is the name of the game. This crypto industry is awesome if you know how to play it. It is going to be the biggest industry soon and will make billionaires on daily basis but at the same time it make people go bankrupt if they don't show patience. Its not hard but its not easy either. 

If you panic, you will really lost your profits. In crypto there's no assurance when it is going up and down. Profits don't come in a matter of seconds it will take time for your investment to receive good amount of profits. Wait a li'l bit more while studying the flow of crypto in the market before you sell your coins.

I think you should be grateful with the profit you get if you as a day trader. You will see that the IOTX price is now down. Unlike the case if you are an investor, then you will not seek profit for a moment but more to long term 3 to 10 years ahead.

But you could not know that in 3 days the price will grow so much. She could also fall 3 times.

I fully agree. It is always better to wait and see. Our emotions is one of the main problem for us. We need to learn how not to pay attention to them.

Patience is the key to success, but sometimes, when you stop coins in order to get more benefits, it starts to fall and you can lose a lot of money.

He was doing trading and the peak can't be speculated in fact that will be so difficult for op to know if there will be a huge pump in some days later. OP has lost nothing and i guess he was creating a calculation about how much he will get if he can sell his stash at the peak price.

In the investment of course patience becomes the key, if not impatient then we must be willing to lose, I prefer to wait and get profit rather than having to sell in a losing condition, and I'm sure that the end of the year everything will skyrocket.

It's sad, but everyone does what they regret. I agree with you that before selling coins, you need to think carefully and assume how events can develop in the future.

Patience is really the key to success because if you are always in a hurry you will really lose everything. If you to wait long that is okay as long as at the end of the line you will see a why it is worth the wait.

Patience is the key but greed is your downfall.Regardless the price difference,if you got double,triple or even better profit from your capital,it's enough,don't wait anymore,if you expect x10 profit it's likely not gonna happen,so keep it realistic.

I feel your pain and I can understand. Panic selling is bad for crypto. With your decision, remember it could have gone the other way.
But we hodl now

Patience is the key, I repeat patience is the key.
I panic when there is a little decline in price then, so I dump my tokens for peanuts
Sincerely am still regreting the action till now
now I have learnt my lesson in the hard way that in crypto PATIENCE is the key.

People start to understand something new only after they have lost something, it has been proved many times and now it's the same, if you had just listened to it earlier, then there was nothing like this and you could save your money.

 You must be a newbie in cryptocurrency business. Welcome to the community. I hope you do learn enough lesson from that costly mistake Like I did during my time.

Very instructive story, thanks for sharing it. All of us are afraid to lose profit and therefore we sell earlier than it is necessary, and then we regret that we did not wait for the moment.

Now one coin IOTX is equal to 0.00005577 Eth, so I think that despite the fact that you could earn more, you still sold more profitable than bought, so do not be sorry. In the future, use other sales tactics.

Everyone draws conclusions from his mistakes. It seems that you understand your mistakes. But it is very good that you have shared your mistakes with others, it is possible that someone will save from similar errors.

that is right so we can learn from his mistake and we don't have to do the same things. I think we need to be careful in every situation because we cannot always make good things so if we can learn from this story, I hope that we can get something good for our life. and yes, I agree that patience is the key to trading so we can prevent to get a loss and we can prevent panic if something is happening.

Yeah correct. But some time panic sells may work as well. If you can sell early in the beginning and if dump goes on more and more for a long time, you can collect more.

I generally think that in a state of panic we always make wrong decisions. It is necessary to completely remove the panic from your life. Every decision must be well thought out, this is the key to success.

Indeed true. Also, dumps in the market are known to be temporary and as such, holding is necessary because there is always a tendency for the market to recover and once it starts to rise, profit will again be earned. It is just the price which is falling and not the amount of holding. Recovery will soon take place and we just have to wait for a little longer.

Any profit is good. And in general, it is better to get a small profit than no one. Of course it's bad to miss a big move. But here more careful analysis of indicators will help.

Therefore, it is best to invest on the cryptocurrency market in the long term. So you can get the maximum profit.

Well, you didn't really lose anything, you just missed out on the chance to earn more.
That's a lot different than actually losing money.

There are some things to consider though, like volume.
If you were trading a high volume on a low volume exchange, the price fluctuation would be much more severe.
So you wouldn't be able to get optimal price as consistently.

Also, you should be thinking of value not in $dollars, but in btc (or eth if that is what you use to cash out).
Since the prices of crypto are so volatile and a lot of it is based off of btc's value, it should be the standard you look at, not $$.

Of course, it sucks that you missed out, but this happens quite often in the world of crypto.
Take a look back at what happened to find indicators you can look for in the future.

Dump hodlings with a rush may be the riskiest election which cryptopeople would need to take since that it drives lost of people to be facile to mold and ups the fear.

I also committed some crazy losses for the last time, but I buy more coins if I'm at a loss. I really believe in my reserves, so I still feel good, even with a loss. Patience is the key!

said it all, made a great profit in the range of two hours. but I'm sure the author wanted alot more of the profits. It's good to just dump some shitcoins in  time to avoid losing all accumulated profits

Truly patience is the key if you want to succeed in crypto
I have learnt my lesson in the hard way, by panicking and dumping my tokens
for very cheap price. But now the more I hold, the more the decline.
It seems am running out of my patience.

Unfortunately, patience isn't always a winning tactic. When i sell a coin if i'm profitable, after i make a sale if the rise continues, I'm not sorry for it because it could be the opposite.

   Always remember "Patience is the key to Success". Panic selling could not help us to gain profit instead it will bring us to have more losses. Always check the coins that you have if you know that this coin has a potential to grow then hold it and do not panic to sell.

Now such a situation on the market that many are waiting and losing even more, because the market does not want to become green! The bull somewhere escaped! So it's good that you stay in some kind of plus)

The money isnt lost as. I see it,  the profits that you could have probably earned is the. One that have. Declined,  if only you held your. Coins a little longer then there are chances that you would have gained value on your coins. Maybe you could consider holding them a little longer , just a little patience and you will get better rewards

Patience is a virtue and that is the same and applies to everything in life. Selling at a loss is losing both ends, I have been in such a situation and currently in it. The best thing is to watch how things goes. If possible, find ways to cut costs and reduce loss.

Hodling is very important because it is the best way inorder to get good profits at our crypto investment in the future. Dependable and reliable altcoins like ethereum, neo, litecoin, and dash are so good to hodl because they are tested that can stay and rise high at the market. Patience is the key thru hodling and the best opportunity to earn high and profited high is to invest now while almost all cryptocoins are so cheap, then hold until it will rise high again at the market.

Looking at my portfolio now, I regret that I did not sell it before. Now it remains only to wait for the best situation on the market. Patience is an extremely useful skill that must be applied if the situation really requires it. Often a person throws his hands just before the finish, when he is only a few steps to the desired.

You have reached the desired profit margin when deciding to sell!
So there is nothing to regret for the price increase!
Investing is always risky, but your risk is good luck!

This is the main reason of why in the forum holding your coins for the long term is the strategy that is recommended the most but if you do not know why you are holding and what price your coins can reasonably reach then it is going to be impossible to hold for the long term.

chances are only two options, if not goin up it must be down. not all token prices will good when drive in market, I think the key is we must be smart to analyze the market.

Brothers, you have already earned a portion of your profits and you should be satisfied. It is right to be patient, but you must know how to be satisfied. If you are too greedy, you will lose everything.

Yes, when the market is unstable, we must stick to our choice and have enough patience. You can't let it affect your mood.

Hey friend, I have met this kind of thing, who can guarantee, only adjust their mind, grasp their own choice, you are right, patience is very important.

When we invest in the encryption market, we face a lot of risks. The encryption market is a long-term investment market, we must have enough patience and patience to wait for our profits.

Absolutely right. Actually when we panic sell, then we will lose. so, indeed we should be patient. Because this patient is the key to most of all. In all of this patiently, is key. Although it is difficult, but we must try.

One must learn to remain absolutely calm in all situations. This will give a very big advantage in the world of crypto currencies, especially now, when the market is unstable. Only in a calm state can a well-considered decision be made.

The point is, if your investments have the most rated coins, then you do not need to pay attention to such low prices today. in no case can you sell coins, because this will definitely be a loss for you. the market will still recover and the currency will grow in price unambiguous And the most important is this patience, To wait for this time.

The calm and patience comes from a wise and wise investment strategy of the investor so to take the initiative to have a clear investment plan. The market is showing signs of recovery but has not escaped the long-term downtrend so there should be a backup plan in this time. I hope the market will grow strongly again.

if i join in some project i always feel confident and trust, so yes i agree we need to hold good and promising tokens for more value profit

All right. Patience is the key to success in the crypto currency market. Many faced the same situation as you and already realized that if you are a little patient you can earn much more money.

Shit happens brother. In proper business, patience is always key and we let to have a lot of it to prosper especially in this crypto business.

Especially if you look at how the price of bitcoin has changed in the past, then we can conclude that the market will grow exactly after some time. He who knows how to wait, he will definitely get a good profit.

You must be one of those people that buys high and sells low. I have never seen anyone make anything doing that. If it works out for you let me know. In the meantime you only lose if you sell 1 BTC will always be worth 1 BTC...

Wait what you lost 10,800 USD for real. That's big men I can't even think what would be the impact of it for me. That is a huge loss men. It is indeed, patience is the key, it may traumatize people especially when money is kind of big like that. I belive in you, you got to dare to continue even though you have lost such big money. Hoping all people has an attitude like you, hoping again for you that the luck may be in you for not to encounter such problems again.

God, I feel very uncomfortable about your experience, which reminds me of my sadness. I lost a whole $50,000 for my panic before, which made me feel very uncomfortable. Now I think Open, because everyone makes mistakes, the important thing is that we miss the mistake to absorb your mistakes, and don’t commit any more

Yes, investing in the cryptocurrency market needs to be patience. The volatility of this market is very large. We need to maintain a clear mind to analyze this market. Don’t panic sell your coins because of market fluctuations. This will lead you. Loss.

In every market, we should not panic with our investment when market value drop. Its very normal market up and down but the most important thing is always patients with our investment. Long term investment is wise decision because we will ignore short term market fluctuation

I really agree. this is often the case but how can you call the loss while the price increases you do not have IOTX coins at all.

you did not lose anything because you still sold better than your buy. Don't call that loss.

very unfortunate, you have to have a previous plan when you will buy coins and when to sell them.
I think that is the most important plan in investing so you can avoid panic.

I hope you will learn from this incident and will not make a decision in panic in future. Thanks for sharing this with us, if one member also learns from this, your purpose is served.

Ya ... gotta be patient and don't over trade, almost nobody aside from margin traders are making money in this market.

Patience is indeed the key. I think we should see a lot of failures about cryptocurrencies in this forum. There are many cases of not being patient and losing money. I have comforted many people. I think I will continue to comfort you. Failure is not terrible, terrible. It’s a failure, no lessons, and a second time.

I hope that this time you cannot recover your loss because bitcoin price increases higher now although it still at $8000. and soon, if you keep trying to buy and sell bitcoin, I am sure that you can get a profit again like before. but still, you need to have the patience to buy and sell especially if suddenly, you are buying bitcoin at the high price. don't panic and be patient for a while.

You didn't even loss a cent, how can you say you loss 10k USD?
So you mean you loss millions USD for not buying bitcoin when the price is under $1?  LOL

Selling your coins too early is a very bad experience. When I see the price rise, I always hesitate. I am afraid that this is another bull trap. At least in the past few months, this bull trap has appeared many times. Maybe I will miss the real bull market.

Yes, we must have enough patience to invest in this market. When the market falls, we must keep enough calm and not have too much panic. Yes, panic can really make people make mistakes.

Sorry mate for your loss. I even believe you could have waited for more days to grow your tokens. Selling too early, you will always regret it if only you received a valued token. The question now is, how do you get to know a valued token?

This is also a lesson for you about investing, you can not know how  situation is tomorrow. There are many people waiting too long to hope for the price increase but it is not right and vice versa. Every thought is different from reality .

The best solution for your case is use stop limit order as trailling stop/ trigger order so whenever  the price going  up we can increase the level of trailling stop to lock the profit.  By this way we can make maximum profit when the price going up multiple times, and will not miss big profit.

Patience has always been the key. A lot of my alts have not been doing anything the past couple of months. But I have faith, because I know those are good projects.

Oh my god thats a lot money but wait cause right now the market price is going up just wait and be patient if your a holder just hold dont do anything thats a lot of money forget it right now i think just you wait

No matter what we do, we need to have enough patience and stay calm enough. Investing in the encryption market is even more needed. When the market begins to fall, we must stay calm and not make any decisions when panic.

Yes, patience is the key because with this, you can achieve great things and make very good profits in the crypto world. Even if the price of coin you hold is going down and it looks like it will not rise again, as long as it is a very good and promising coin, continue to hold patiently because you cannot predict when it will rise and how high it will rise when the market recover but with patience, you can enjoy the profits when the price rise very high.

Patience has always been the key. Investigate projects, buy low, have patience, and sell at the right moment. Do not panic. Do your own research.

Never be panic while you are already in crypto trading or investment. Just wait for the good time patiently. But, always need to choose the good coin for investment.

Patience is not always the key, you can miss the right moment as well. Just don't sell all, crypto is so unstable that you will never know what will be in an hour.

Sorry but you need to redefine your trading definitions. You didn't LOSE anything you made a profit between 4600 and 4800 200 GWEI per token. What you should say is you missed out on further profits by selling early which just goes to show that timing is ey when it comes to trading.

Yes, I very much agree with your concept, but many times you can't do it, you will be changed by market sentiment, we should keep calm thinking ability, once you make a choice, don't change it easily, otherwise such tragedy will still be Will appear on you

So sad of you mate! This is crypto...
No one can say anything what happen next day. but from your story we learn that "patient" is the main key to get success in any field. 

It happens that without risk, and trade will not happen . Our experience in the future helps us not to make the same mistakes .

yes patience is the key in the crypto world, who panics that he will lose money and save will get a big profit, also seen from the development of the coin is progress

Panic creates fear and people sell at a loss, just natural human emotion

Yes, I am very sympathetic to you.
But when I saw your business, I thought of myself. I used to be like you. I sold my coins on my own feelings. Then, a week later, it rose 10 times. I regret it. Now I am waiting for a long-term investment.

i am so sorry to hear that, this is really bad ,uck.. well, i hope that you will cope with it and you will the way out

so we need tk learn to control pur emotions, this is a very sad stpry, so i think that ylu will neve rbe in his position

When you panic,  you lose more than money, you lose the opportunity to develop a method that can distinguish and guarantee your future income.  You are also emotionally drained!

This is a massive loss indeed, it all depends on what needs the person has to liquidate and solve at that particular time but I think that seeling immediately after three days was a quick decision that you could have waited small and at least see the market trend before you decide to do anything. Anyway, the harm has been caused already so let us add it to the pool of experiences that we are gathering daily in the cryptocurrency industry.

You have not lost anything. But you have missed an opportunity to make a decent profit. But imagine what will happen if the price went down? So do not worry. Anything can happen in the market and it is very easy to tell anything by looking at the history but it is very hard to take necessary actions in real time.

Usually I dont cry over splitted milk but always set an expectation and believe your own experience, I agree sometimes you need to sell but thats not always the case when there are so many new coins out there. Gatecoin is simply one among the hundreds that succeed in short. Personally hodl some project on ICO price over a year and no signfiicant 20% growth is seen.

This is indeed the lesson. At the time of encryption, patience is indeed a very important thing. Opportunities always give patience to people.

This impatience has let big losses before and will continue to cost a lot. Very often people panic, quickly and eventually lose head and money. And if you want to succeed and earn a profit you have to bear and be patient with these coins.

Here is an example of the MTC token he made X35 in a week,and for 1 day almost X10 did,so many people of his bounty who received, merged after some time,and did not wait for such growth,and when he went, they bitten logs that sold for a penny when he grew up and gave a lot of profit

Indeed true. The loss is temporary and that is already a reason to be patient and hold. Waiting is essential whenever extreme volatility is being experienced in the market. Some people in the cryptoworld are completely losing profit due to lack of patience and being eaten by panic as what have you experienced. Holding will more likely to result into profit since recovery is always expected to happen.

I read about it and it's just human nature, all traders "fall" for that, including me.
I put "fall" in quotes, because it's not really a fallacy, it's fear, but it's not groundless fear: what goes up must come down, crypto investments are risky, you can gain a lot and lost a lot.

• If you have an asset that goes up ⇗ you fear that it'll go down and you'll lose your profit - so you want to sell.
  
• If you have an asset that goes down ⇘ you hope that it'll recover - so you keep holding it.

1st situation is FUD - Fear Uncertainty Doubt - I've heard that term a lot here, but it was directed towards people posting bad news about particular coin ("spreading FUD"), didn't know it affects coin holders directly.
2nd situation is bag holding - you can hold coin for a long time and it may eventually recover, but it may as well go to 0 or near it.

Now the problem is that I encountered both kind of situations and was wrong on 2 of 3 occasions - unfortunately, I made right decision only on the least profitable coin - I sold half of my holdings for a good price, then I watched it reaching ATH, then it went down and turned out to be a scam.


https://res.cloudinary.com/teepublic/image/private/s--KIqMPUpN--/t_Preview/b_rgb:191919,c_limit,f_jpg,h_630,q_90,w_630/v1517864823/production/designs/2341214_0.jpg

I can't check the circumstances that I have heard individuals discuss this. Before you contribute you ought to dependably comprehend that holding up is a piece of putting resources into cryptos. You need to ensure that you will be quiet. I am sad that you lost so much money,hopefully this fills in as an exercise to others that on the off chance that they are not quiet at that point its absolutely impossible that they would profit.

You lost but you get your goal which has more value in this situation. Dont too focus on your loss.

bounty hunter that sell their token early maybe regret.after listing in market much holder their asset , meanwhile price keep rising.and even reach x35 from ico price.it can be experience for us.

When we invest in the encryption market, there will be some errors. We can't be perfect. And when we are in the cryptocurrency price, don't have too much panic. Because panic can make people wrong, it may prematurely sell the cryptocurrency in their hands.

Well, of course you're lucky, unless of course you know how to trade , and others who do not know how can not be so lucky

3 days? wow, same story here, my story about trading like yours instead of 3 days mine happened in just 24hrs, last year around December, I bought a coin at exchange price around $0.5, bought  700 coins, because I don't have any money that time just a beginner in trading after I bought that coin, I go to sleep when I wake up that coin pump to $34, that is the most shocking loss in trading in my entire life, but that coin is a Lending coins like bitconnect, but still a profit tho if sold it at $34.

Being a patient person is probably one of the most rewarding personality traits that you can have in this market, many people think that you need to have an incredible ability to see the future or to be a very skilled trader, but if you can wait for the perfect opportunity to buy and to sell then you will make a lot of money in this market.

thats the f*** problem with crypto..
if you panic you lost lot of many .
i have lost 1 btc with this kind of panic =(

Not only panic make people do wrong things. I was very self-assured and finally lost 0.5 BTC. That was my the most stupid decision. I have bought for BTC one new altcoin. It seemed to me so perspective but finally scammed,  and now I have no opportunity to get back my 0.5 BTC but have this coins...

technically it's not called 10800$ loss.  it's more of missed opportunity.  life is all about that.  if you are going to regret every lost opportunity, you won't be happy in life.  treat these as missed opportunity and learn so next time you can do better.

It is a pity that the money is wasted, but I'm afraid we need to understand what exactly we need to begin with. We must learn to use our patience correctly. Everyone just does not have it.

It is not about altcoins
https://image.ibb.co/mqO1Ck/LEVELS_i.png

The most important failure is panic fear, when you think that everything will fall and it is necessary to merge everything. There's patience for these things.

The mistake of many, with the first successes to think that everything will continue to go smoothly, eclipsed your sense of danger here and it turned out that you lost. So in the future you do not have to hurry, and keep track of all the actions beforehand before acting.

It is really hard to predict the price. You should be thankful that you didnt lose your money.
Because it could be vice versa, there are many altcoins holders who are talking about diffrent problem - that they didnt sell their coins at ATH price. And now they are loosing a loot of money.

Not always, it only works in the long run or if the market is unstable. I came across cases when the coin died before my eyes and did not revive. Therefore, we should consider only special cases.

patient is really need in this if you really want to earn some great profit.. because if you have patient you can guaranteed and assured your coins or tokens in the great price value in the future always remember that the price value of every coins and tokens are volatile..

Unfortunately, we learn only from our mistakes and only when we see lost profits. Even now many people don't understand what needs to be bought when the prices fall and only when the market begins to recover, they will understand this mistake.

Thank you for the information! At such moments as now, such messages help to suffer a little more and wait for the growth of their assets.

It's a lesson for being patient and having a cold head. Very sorry

if you sell it go up
if you hold it go down
you loss your money when you buy it

https://image.ibb.co/mqO1Ck/LEVELS_i.png

Panic is easy for us to make the wrong choice it gives losses to us...so never panic if market fall down ..We should wait patiently for the market recover.. be patient always because patience is the key of success..

I think we need to stay calm under any circumstances . patience is the key to success

Yes, panic can make people go wrong. Even if the market is not good, the price of cryptocurrency has fallen, and we have to keep enough calm. Investing in this market must have enough patience. No, we will lose more.

All those who are there in the world of the crypto currency or any other kind of investment exactly knows the importance of the patience and that there are few who learn this lesson after suffering some huge loss. If you will not be able to keep your emotions under your control in every possible situation, then you might not be able to make things work in a way you want them to be.

When you invest in a cryptocurrency, you need to analyze it and judge its value. This is very important. When you have a position on the cryptocurrency you invest in, then you will not sell it at will. I don't think all cryptocurrencies are worth holding.

Thats true, OP should thanks that he has a little profit. Its hard especially if its  new because prices are too volatile as some would dump the price.In addition, dont be greedy also you might end up losing big chucks of your money. As an advise to OP, he should probably develop a trading strategy. example, sell half when price is up etc...

wow that was huge aumount of money sir, but yet it's quite true that patience is key in crypto market. since we can't predict it 100% anything can happen

I can't imagine losing so much money, or thinking that you could have made so much gain from investing if only you had waited a little longer. It's a sad and painful thing really. This is one of the most important reasons why the gospel of patience is preached continuously on these streets daily. We really need to be more patient with our investments, especially good ones.

Do not panic and all your investments will be with you. Your heart will be calm. You need to listen to the market.

that's right, patience is the most important key in the world of cryptocurrency. don't be too hasty without looking at market prices because it will make us get a lot of losses. besides, before selling the coin we should be able to choose the right time to sell it to get a big profit. it would be better if in the near future we can better in managing our crypto assets.

if you hold BCH from Dec 2017 and keep being patient till now, you will be regret a lot, lol.

Almost all the mistakes that each of us made were due to panic . I also think that patience is the key to success

Experience is something that will help to be always at a profit, do not need to be greedy, it is very important to learn how to fix profits. when there is a big growth of the coin, then it is worth selling and thus fixing your earnings. The fall of the market almost always gives a loss, you need to get experience with it.

Patience is the name of the game of cryptocurrency trading. If you hurridly sell or buy at the heat of the moment, you are likely going to regret your action. So, take your time, plan your trade and enjoy the ride!

Ahead of going into any hastly sales, market participants must accept up to what point coins generaly are ticklish and rapidly changing these weeks and establish one clear method.

Yes, a good project is good, but there are certain coins that I hold with good prospects, but now they continue to dip, I pray that they rush one day.

In my view, desist from trading unreasonably often calls for a strategy and  certain willpower that is built upon thorough analysis.

That is not a problem with cryptocurrencies, that is a problem of people not being ready to invest in this market, they think it is going to be very easy only to realize too late that is not the case, you need to study this market before entering in it or your losses will be guaranteed.

I think it is part of the risk that you make yourself. maybe many people have experienced what you feel. losing thousands of dollars, be patient and don't panic. make it a valuable lesson and experience so that it doesn't repeat itself. keep the spirit of friends.

You didn't lose cash since you made a benefit, you simply didn't make as much as you could have on the off chance that you holded. You were only a little unfortunate this time however to be straightforward the three days after you chose to offer could have went in any case. The qualities could have really dropped a considerable measure in those three days after you sold rather than increase.So it is anything but a misfortune by any stretch of the imagination

Indeed patience is the key to success. But sometimes we are too hasty in making decisions. So our predictions are not what we expected. I think many people have the same fate as you. So you don't need to think about that. All you have to think about is how you don't repeat the error again. And must be strong in patience.

I always try to be patient and calm with any price drop , I will wait until the last and not sell my altcoins

This is a sincere advice that any investor who is failing should learn to get better results in the future. Have a clear investment plan if you want to succeed and grow with the market. I believe that the opportunity for investors is still great, take the mistakes to make the experience better in the next investment.

If a coin is good it will eventually go up, but investors are looking at the market as a whole, they thought it's the end of the crypto world always I'm also holding some coins that is way below that, the price I've bought but I'm not losing once ETF is approve it will eventually go up.

It's just a bad luck and it happens to everyone, we can't predict what will happen tomorrow or the upcoming days. Just be thankful you still have some profit and i agree patience is the key to be successful in crypto.

Investing in this falling market must be patience and calm enough. Because panic can make people wrong, you must not make a decision when you panic. I believe that the encryption market will recover in the future.

in investing in the cryptocurrency world, the main key is patience and careful. don't rush into making a decision because it will make you get a loss. if you are not careful in managing your crypto assets then you will get the risk. we must be able to manage our crypto assets well in order that we can make a profit.

You don't have to complain, profit is profit I was thinking you sold below your entry price. Making 4+% on a trade within few hours in this bear market is very OK, think about it this way what if you waited for few days and the price drop below your entry then you will be making a real lose.

But the current market of cryptocurrency is seems like a nightmare, all altcoins are falling drastically.
If you have massive amount of altcoins, you must have a strong hand and big patience to keep holding your coins now.
Or we can forget our coins for few 1 year and come back later.

every time I tell myself not to rush to sell altcoins, be patient , but every time I forget about this rule

Thank you for such an open history. After distributing tokens for the bounty's generosity, I always keep them in case they rise in price.

The problem is that many people make predictions without even thinking about them and then they want those predictions to become true so hard that they begin to make movements as if their predictions were really to come true and that is a mistake, as an example we know the market is going to recover but some think that will happen in a few months when in reality it will take a few years.

Its really hard to predict when will the market recover we just need to have more patience so in the end we will not be dissapointed when we decide. Sometimes we are making a wrong decision but it should not be the reason to make a loose in our investment.

someone who has benefited but still feels lacking is someone who can never be grateful.

in such a situation I think each of us was ... you gained experience . no one can know where the price will go tomorrow

People lose their investment because of the panic! This is very negative!
The main key to success in the field of cryptocurrency is the ability to maintain patience!
Sometimes people simply don`t wait for market growth and are at a loss!

maybe it's better if you apply a trade like me, like in the internet.

if you buy a token or coin, and the value drops 5% then you have to dare STOPLOSS, because if it falls too deep then it will happen like this.

All investors are feeling the same thing, but we cannot continue to be in that panic. Because that will only make us more nervous and decide which decisions are not right. Maintain potential coins that can continue to increase where he can, in the long run, become a valuable coin.

Not only you bro, i am also experiencing like that. Maybe it is the transition effect and result to a panic selling. But those experience are all our lesson learn that patience is sometimes the key of success. Huge amount of loss is now prevented because of knowledge and expereince we encounter.

Some people who have succeeded in cryptocurrency have experienced a failure. With that experience they take lessons, you can also like that, so don't dissolve in your current failure. So you can start again, try first with a small amount, after having enough experience, then try for a large investment. And as you said also, when you have invested, patience is the key, be careful also take steps.

Dump crypto-currencies in fear may be the most catastrophic decision which people may have considering that this sets up backers to be plain simple to manipulate ,thus ups the dismay

Nothing can be done, besides waiting patiently. If your coin is believed to have the potential you deserve, then the results you will receive when the market price increases also will not be in vain. Little by little the market has begun to show an increase, so maybe soon the market will recover steadily.

don't take a decision when you are glad or angry this is what the live showed to me always seek for stability in this market you need to be emotionless to success

Yes. Don't rush to sell good coins. I always hold the coins I received from the bounty. I want the price to reach the highest after it sells it. I once regretted selling my coins too quickly, so I suffered a loss. We must be patient if we want to get big profits.

This is a very common experience that we can had in crypto world. I, for one have such experience and i have learned my lessons from it. By the way, you have not lose any money, you only lose the opportunity to gain more profit but still you gain profit from your investment.

panic is still a lot of things that make people experience losses that even quite large. Although many have already prepared to be patient but in fact when market prices go down even far enough then what is going to be different had prepared. panic for fear of losing is still often the case.

It's good you noticed your mistake, which is a very good thing. Also admitting the mistake and now proffer solution to it. I have learnt from it and believe others too have learnt from it.

It is always said that patience is the key and in crypto world it will be more profitable to hold..  have the patience and never be panic in terms of selling as well as buying.

This is a bad experience but people must learn from those mistakes...thank you for sharing your experience

You're just unlucky. But now you will understand how everything works here and will be able to work out your losses very quickly

If you were not careful enough you should not be surprised why you lost your money. Better read more theory and then everything will be cool

If someone become greedy about earning big money, he/she will not be satisfied even how big it is his earnings. That is why sometimes it result to a panic buying or selling in the wrong time, so to make sure you will get a big profit learn how to be patient.

in such a market it's hard to guess that the coin will grow. as a rule, the coins immediately fall. and it is better to get at least some profit than not to get it at all. And you can never be sorry for lost profits

Well just like you there are numerous of people that has lost as a result of panicking. So yes patience is the key

Afore jumping into any untought actions, traders ought to figure out up to what level cryptomarkets can be unstable and quickly changing this weeks and clarify some sensible approach.

First of all, thanks for sharing your experience so all of us here can get new knowledge. I have the same opinion with you that patience is the key in this crypto world. We can not sell our tokens when we are in a panic, that would cause any regret for us. Just wait in a moment until the price is good, then we can sell our tokens without any regret.

It is a lesson we all must adopt wait patiently before one regret of his/her actions. I have just learned my lesson number one that i should not hurry to sell out my wallet just because the market is down but wait patiently for it recovery.

It is a pity that this happened, but it will become a very valuable lesson, because now suppressing panic attacks is really a very serious matter, the panic produces in the brain the hormones that prevent you from thinking correctly is a fact.

Here you yourself are to blame. The fact that hope brings success. If you invest in coins, then you know what will happen next. At some point you see growth, and you lose trust in it and sell everything.

Oh my goodness! I never hear such a big loss. If you hold little bit more, you will may get very big profit. But unfortunately you sold it. Never do it again.

If you panic then you cannot think calmly and will cause you to lose. So patience is the key. Because if you are patient, then you are spared from panic. Stay calm and always believe in the cryptocurrency you invest. And don't be provoked by others.

This is a very difficult situation. Because due to the fact that we do not sell on time some kind of coin, we can also lose our money. It's worse. Therefore, in your case, it is better not to think about it, because you still made a profit and it's fine.

Not do this mistake again,be patience and not sell coins when you just recieve in you wallet becouse most of ico need longterm future to complete plans and sucesfull they roadmap and targets,also many people see that market all red and down start sell all that buying earlier and for loss price only just quickle quit and dont lose all.

Patient is key to earn more money during the pumping and even the dumping the price of the altcoins. Why puming because maybe the coin that you have increase very high and why dumping because you need to wait the price to pump again because if you sell that you lose your investment or capital.

Make patience as a step that you always do, not in a hurry in selling or exchanging. That will be an experience you remember. Don't has been panicked and worried, it's better to wait and be quiet while reading the market situation.

all correctly written by the author but just do not forget that you need to fix profits and not wait

Yes good projects are surely gonna give you profits but you really need to be patient while holding else you will lose out on potential bull run. Many coins have skyrocketed within days.

I do not agree with you, because each currency has its own documents, which confirm the existence of rights. If the currency is unofficial, it will not survive long. I agree with you, aspiration and progress always give a positive result, if you are stretching before him and trying to be successful.

Potential loss, not really important since you can't foresee the future.

Of course when we enter and join in the crypto's world we musn't panic to face the condition of the market. Be patient is the most important thing, beside experience, when we join investation in cryptocurrency because the price of cryptocurrency isn't stable but always fluctuate. Always positive thingking when face the condition of the market to earn many profits from that. Just wait and see the condition and the chance before decide want to buy or sell the coins.

I agree with you. Patience is the key. but we forget sometimes we also have a need that costs money. if we need it then we take it right away, won't think for tomorrow

Very sad to know that. Everybody exactly face lost right now. All coins or tokens in the portfolio are dying. But, the loss will only happen when they sell the coins in the lower prices. This is why, it can be a very good lesson for you and for us that we must be patient. Keeping patient may hurt us but there is no choice to keep moving. Just be patient for more legit condition some months later.

That's true, buddy. Regret is not a good choice actually, just learn from it. As you say, we could not be panic here or you will do a big mistake then. In addition, don't forget to watch the token price of the project that we are joined in every day so we can know the best time to sell our token.

No one can predict the price will go up or down. So if you sell and make a profit then it is a success and not too greedy, 10-15% of profit is too much. Patience is when you accept hold when your altcoin price falls, And you hold it long enough for you not to lose that is the key

if you have gotten a profit it is better to immediately sell even if it's a little, don't expect too much to get a big profit in selling Cryptocurreny, a trader easily panics when the price goes down is not suitable to be able to adapt in the Cryptocurreny market, because it can make you lose money not profit

If the price goes down then toss your coins somewhere you can't access for a while so you can spend them later.

Yes, this market is still at a low point, so we need to be patient enough to wait for the market to pick up.

That's the usual thing, and if you hold it longer the chances of a very high price rise, and the possibility of a large price drop. because crypto is fluctuating.

I completely agree with you. The thing that is a bit annoying is that you don't know when is the best time to sell, there's always a right timing. However, there are also times when you should have sold early as the price continues to decline. Its all in right timing, research and luck too.

Yes, investing in the encryption market must be patient and calm. Because the price of cryptocurrency has fallen sharply in this year's market, and the encryption market is also a long-term investment market.

Yes, the encryption market is a long-term investment market. We must maintain sufficient patience in the encryption market and have a certain degree of calm. Don't panic, because it makes it easy for us to make mistakes.

As far as I know, investing takes a long time, meaning after buying the invested coins then storing coins that are purchased in the long run, even for years. whereas if you only keep for a few days it can be said to hold, but I agree that the patient is the key, especially when the market is experiencing instability as it is now better to be patient waiting for market recovery to happen.

Patience is of course important, and any investment requires patience. This is especially true for the encryption market. The encryption market is a long-term investment market, and the cryptocurrencies we invest in the encryption market need to hold for a long time to get profits.

I agree with you, yes, I also think that the main reason for losing money is panic. If you sell at the time of market decline, then you will definitely lose money. The encryption market needs patience and confidence. I think long-term investment will bring me rich Revenue, so I am taking a long-term investment. I only use the extra capital combination to invest, buy when the market price falls, then wait patiently, and only consider selling when there is profit.

Iam not saying patience is the key. Sometimes patience is works sometimes not work. Especially in crypto patience leads to heavy losses so needs to be careful, so high voltality never knows what happens next. It is in full pace we have to keep momentum. But one thing for sure never sell at the bottom price and never bought at all time high.

Yes you're right we really must have patient at this moment , when you exchange it now surely you will encounter loss of income just wait untill the right value of the token risen .

If you invest in coins, then you know what will happen next. At some point you see growth, and you lose trust in it and sell everything. Maybe you have to change your mind. When it's gone now, you won't think so, so don't regret it when you sell the right opportunity.

I think that's rare. Most new coins fall to the bottom a few days after listing.

Last year 2017, I was in a hurry to sell one coin I had since I was broke financially. Because of this issue, I do not intend to sell any of my coins right now. Hodl is the key now.  

I have heard many times that patience is the key to success, but in such situations you never know what will happen next and what will be the price of a particular token. The price of your token could be significantly reduced, after you sold it, think about it and do not regret what has already been done.

The best time to sell will only depend on the person and it does not depend in the price of the cryptos . you will easily tell it if you already set your goal on what is your targeted price .

let say , im only confident with the 10k value of bitcoin , then i wont expect anything more if ever bitcoin did reach 10k on that current moment . i will instantly cash out all of my coins because  im now happy with that price .

Sometimes being contented in small things is verry beneficial than being too much greed .

That's what is behind this investment, if you made it in the right timing you will be able to catch a very huge profits but if you sell out much earlier you
will just get what you deserved, profits still a profits need to move forward and avoid another mistake, keep studying how the market flows and how will
you able to hold till you reached the maximum opportunities.

Just don't invest so much that you're worried about what the price will be in a few days time.

If you only spend what you're willing to lose, then you won't panic sell if things turn down. I know it isn't as 'fun' as trying to time the market perfectly with large sums of money, but it is a lot safer.

How did you get so many tokens? You did a bounty campaign for IOTX? I do not think that you have lost something when you receive it for "nothing". So be thankful. Still it is a lot of money.

Your analysis is wrong. You did not lose anything! In fact, you actually gained something because you sold at a high. Meaning, you earned profit! Not as much if you waited 3 more days, but heck! You wouldn't have known the price will pump that high after 3 days. Also, how can you lose something you didn't have in the first place? Make sense? You did not lose anything in this case. What happened is you missed out on the opportunity to earn bigger profit because you sold too early. That's what happened!

"losing" is the loss of assets that you have, from your story that I read you only lose the opportunity to sell at a high price because of lack of patience, if you say it's gone? even though you have never had one.

Panic always was and will be in cryptocurrency. It is necessary to get used to it now. The head to think clearly and not to give in to emotions.

You have at least no losses, which is much better than most people. Most people have lost more than 70% of the money, so you should be thankful.If your token price drops a lot in a few days, you won’t think so because you can’t predict the future price.

It is true that the key to trading is "Patience", sometimes I myself am also difficult to use the word when cryptocurrency.
The level of human emotion is always changing, the same thing with cryptocurrency trading that is always changing.

Panic is the main cause of people for losing profit. Panicking makes you not think well, it clouds your mind up and make you take rash decisions which always leads to regret in the end. When trading in cryptocurrency it is very necessary and important to never panic in order to think well. Learn from your mistake and grow from it.

You buy .00004600 ETH and sell .00004800 ETH, so you have earned a profit. Done 3 days later you look back at the price it keeps rising and you tell  lose. So if the price drops for 3 days, what do you think? Look at how you say I think you are not a trade pro

I also experienced the same thing. I buy some altcoins and after some time of price drop, I decided to sell it in a cheaper price to avoid further loses. After a week, the value started to rise. Panic will do nothing good in this world of cryptocurrency. It will just give us careless decisions that will make us regret.

I've been told by my friend about something like this if we wish to dedicated ourself in cryptocurrency, we need to keep calm and don't get too much affected if the price on market is suddenly dropping or we'll end up loosing even more. We can just wait and be patient if we wish to get what we really want in cryptocurrency.

Yes, it is better for you to wait till the price rise.

Don’t worry you have take small profit how come if you keep hold and save your asset for waiting at higher price, but your dreaming is not come true but price drop, enjoy your profit and take action for other investment coin, maybe next time you will lucky.

Still you got profit and lucky for you it only takes hours, nothing to be depress, it is not the time for you. And you learned a lesson, next time study the chart and learn to wait.

Selling or buying a token is also a risk. But if you did not buy it, but earned it by writing daily posts. Svaim hard it is like your brainchild, it will be a pity to you and hurt with the token spread. Therefore, you will keep it until the last. Maybe when you are not lucky and your token will be worth a good price. But of course the price of the token will be good after some