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Author Topic: How to deal with selling too early and miss great profit potential?  (Read 1836 times)
korila (OP)
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May 28, 2016, 10:05:10 PM
Last edit: May 28, 2016, 11:59:07 PM by korila
 #1

I was doing margin BTC trading and made
40k in two days,,, and I sold at the last 3500yuan where price stalled for few hours.
If I just held for another 6hours,  I would have made another 20k....  

But I am holding all my profits in BTC atm.. so increasing price is great for me, however other side of me regrets possible great profit potential...
I should have sold just 50% and held rest... dumb noob retard Sad

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May 28, 2016, 11:03:04 PM
 #2

That's just how it is with speculating, sometimes you win sometimes you lose.  If you missed a pump then you can buy back again and hope that the price will stay on climbing.

It's not really a big loss to you because you still earned 40K from margin.  Some people shorted months ago.

Trusted an exchange that climbed to the top 3 in just under 2 years with your money? you are fucking stupid.
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May 28, 2016, 11:06:17 PM
 #3


The Sceptical Chymist
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May 28, 2016, 11:07:24 PM
 #4

Don't know how much 40K Yuan is, but hey.  You made a profit, right?

I fucking bought Lisk RIGHT before this gigantic spike in bitcoin, now I'm a retard bagholder hoping Lisk will rebound.  Oh well, at least I didn't bet all that much.  Still, I hear you OP.  But Jhanzo is right, that's the way it is in markets where you really don't know what's going to happen.  Sometimes you win, sometimes you get fried like a fishstick.

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.HUGE.
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goldsun
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May 28, 2016, 11:20:31 PM
 #5

Don't know how much 40K Yuan is, but hey.  You made a profit, right?

I fucking bought Lisk RIGHT before this gigantic spike in bitcoin, now I'm a retard bagholder hoping Lisk will rebound.  Oh well, at least I didn't bet all that much.  Still, I hear you OP.  But Jhanzo is right, that's the way it is in markets where you really don't know what's going to happen.  Sometimes you win, sometimes you get fried like a fishstick.

How much lisk did you buy?
The Sceptical Chymist
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May 28, 2016, 11:24:45 PM
 #6

Don't know how much 40K Yuan is, but hey.  You made a profit, right?

I fucking bought Lisk RIGHT before this gigantic spike in bitcoin, now I'm a retard bagholder hoping Lisk will rebound.  Oh well, at least I didn't bet all that much.  Still, I hear you OP.  But Jhanzo is right, that's the way it is in markets where you really don't know what's going to happen.  Sometimes you win, sometimes you get fried like a fishstick.

How much lisk did you buy?
420 Lisk.  Lol, that's an enormous altcoin buy for me, but I know there are people with thousands of Lisk that are in the same boat.  I think.  Shocked

.
.HUGE.
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alani123
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May 28, 2016, 11:38:59 PM
 #7

Don't worry about it so much, there's a ton of things that could have been done but this rally is still going on and you could still ride on it. Just look at those volumes. I wouldn't expect this outburst to die out extremely soon. If you're willing to take the risk there's still potential to profit IMO.

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korila (OP)
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May 28, 2016, 11:45:56 PM
 #8

Don't know how much 40K Yuan is, but hey.  You made a profit, right?

I fucking bought Lisk RIGHT before this gigantic spike in bitcoin, now I'm a retard bagholder hoping Lisk will rebound.  Oh well, at least I didn't bet all that much.  Still, I hear you OP.  But Jhanzo is right, that's the way it is in markets where you really don't know what's going to happen.  Sometimes you win, sometimes you get fried like a fishstick.

profit is in USD

anyways holding 160BTC until the halving

Wll I am going to hypnotize myselft that I was on 5x leverage instead of 10x...
Still good profit, and market treated me well.
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May 29, 2016, 12:11:20 AM
 #9

Actually no one can predict with accuracy the future behavior of markets, so we need to make the best decisions according to our available information and respecting a previous plan. If you have gotten good profits, I can't see any real problem, especially knowing that market tends to move in oscillating manners.
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May 29, 2016, 12:27:01 AM
 #10

I was doing margin BTC trading and made
40k in two days,,, and I sold at the last 3500yuan where price stalled for few hours.
If I just held for another 6hours,  I would have made another 20k....  

But I am holding all my profits in BTC atm.. so increasing price is great for me, however other side of me regrets possible great profit potential...
I should have sold just 50% and held rest... dumb noob retard Sad



profit is profit, don't be too greedy

it will only be your downfall if you're greedy
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May 29, 2016, 01:24:06 AM
 #11

Every single one of us is a goddamn hero with the benefit of hindsight. I'd soil myself with joy if I'd made that type of money in such short order and screw any other mythical profit.
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May 29, 2016, 02:10:20 AM
 #12

How do you make this much dosh in two days man! where the special trading going on? hot damn
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May 29, 2016, 02:22:43 AM
 #13

When price tripled from $1 to $3, I had over 1k BTC.  I thought, "Gee, I was making a profit on mining at $1, there is no way this price is sustainable".  So I started selling.  I could have had $530,000 if I had held on until today, not to mention if I would have sold over $1k.

You made 40k.  Just be happy with what you have.  Don't worry about what could have been.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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May 29, 2016, 04:57:17 AM
 #14

When price tripled from $1 to $3, I had over 1k BTC.  I thought, "Gee, I was making a profit on mining at $1, there is no way this price is sustainable".  So I started selling.  I could have had $530,000 if I had held on until today, not to mention if I would have sold over $1k.

You made 40k.  Just be happy with what you have.  Don't worry about what could have been.

^

if we knew everything in advance we'd all be millionares not even  need money.
korila (OP)
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May 29, 2016, 05:07:58 AM
 #15

Thanks for the replies guys
It helps me a lot.
Yeah once I get greedy, I will lose everything quickly...

FYI, it was 10x leverage, so I could have lost everything if price dropped 10% from my original entry...
I guess I should be happy, and am happy after reading replies Smiley
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May 29, 2016, 05:19:08 AM
 #16


this is the clear statement rather than making yourself feels more pitty hahha, it is part of what we called trust and listen to the trend, 20k was a huge profits and it is just a matter of days, good luck to you and just move on bitcoin still rising up so you still have profits in the other side.
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May 29, 2016, 05:43:10 AM
 #17

Don't sell, have nerves of steel and be patient. Perseverance is a virtue and the worldwide market will let you buy anything w/ BTC and this asset will be the only one anyone cares about as time goes by. Like, relatively soon.
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May 29, 2016, 06:02:02 AM
 #18

if you want to be a trader you have to take risks so either hold and become a long term investor or man up and accept the risks and losses that come with it. besides at whatever price (at present time) you can never predict 100% that it will go higher or lower so choose and stay strong on the decision you made.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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May 29, 2016, 02:54:40 PM
 #19

If you made some profits, just be happy with it. What you have is greed, and when I had it I lost everything Undecided...
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May 29, 2016, 03:00:50 PM
 #20

Don't sell, have nerves of steel and be patient. Perseverance is a virtue and the worldwide market will let you buy anything w/ BTC and this asset will be the only one anyone cares about as time goes by. Like, relatively soon.

If you got the skillz and the luck then trading is a fine way to increase your coinage. I for one don't so just sit around touching myself.
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