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Author Topic: Panic loss me 10800$ , so patient is the key  (Read 3033 times)
Kanatanex
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September 19, 2018, 09:30:07 AM
 #481

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.
imToken
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September 19, 2018, 09:59:23 AM
 #482

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.

doedz
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October 01, 2018, 12:58:07 AM
 #483

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.

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Jdragon6x6
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October 01, 2018, 01:02:24 AM
 #484

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.
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October 01, 2018, 01:21:28 AM
 #485

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
benjamin11
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October 01, 2018, 01:56:11 AM
 #486

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.
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October 01, 2018, 04:03:39 AM
 #487

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'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.


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SimonJones
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October 01, 2018, 04:10:21 AM
 #488

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





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






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October 01, 2018, 04:21:23 AM
 #489

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.
outsole
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October 01, 2018, 04:29:00 AM
 #490

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.
Kool5
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October 01, 2018, 04:33:13 AM
 #491

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

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