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Author Topic: After a Bad Sell  (Read 3735 times)
97percent
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October 22, 2018, 02:47:31 AM
 #661

In my opinion, that is one of the risks that must be faced here. To minimize these risks, you must be able to withstand ego, to not rush to sell assets. Do not be easily incited by circumstances, circumstances can change at any time. Monitor the situation and market prices, make sure conditions are stable for you to make sales. If the market is in a bad condition, hold it until the price rises and is also stable.

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Loopper
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October 22, 2018, 02:49:30 AM
 #662

It seems almost every crypto user or investor has encountered such fate of selling a valuable coin for cheap. This is largely due to impatience and fear especially when the market begins to go down right after an investment is made. I believe we've all learnt our lessons because there is no point in panicking, the market always recover.

Only a few people who panic do this because they are afraid to see prices getting worse in the future. Everyone has their own confidence to see the price will be bad or good with it.
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October 22, 2018, 09:18:27 PM
 #663

So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?
I think almost everyone experience the same mistake as you did. When I was a newbie I also experienced it many times. It is a good lesson for me and I realized that you have to bought the coins during bear market and never chase uptrend trade.
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