jim_crypto
Newbie
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Activity: 38
Merit: 0
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January 28, 2018, 10:41:33 PM |
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Oh lord, I feel for you buddy - but i guarantee there is no one who has never made a loss. Learn from your mistakes & move on. Good luck.
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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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Action Gamble
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January 28, 2018, 11:15:17 PM |
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Don't be disappointed, because there's a lot of altcoins that can make you rich, it's not too late i have the same experience i bought some altcoins and i sell them When the price was going down because I was afraid from loosing every thing but the surprise was that my decision was unfortunately wrong, i learned that if i wanna be rich i should get the risk and that's what I'm doing now and i don't regret.
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kendra1107
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January 28, 2018, 11:19:11 PM |
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I'm extremely depressed about my impatience and persistence.
I'm a stupid man. Fuck myself.
I bought the ETC when its price was 15$, i kept it for three months, including when it down at 9$, I still don't sell, because i believe it. And when ETC rise to 15$. I sold everything and waited it down $ 13 to buy more. But, fuck myself, the next day it rise to fucking 30$, Are you kidding me?
I bought 5000 XRP from May, i still believe it, I bought more yesterday, I bought when its price was 0,00001610sts, and when it down 0,00001558, i afraid BTC up, XRP down. So i sold everything. And... This morning I woke up with a sense of chest not say words.
This is my mistake, definitely like that. I can't blame anyone.
I told myself, "The market is still there. Nothing to hurry"
I don't complain, i post here just relieve stress. I didn't tell anyone about this, including my wife.
Thank for listening.
Most of us tend to panic unreasonably when prices fall so we sell at a low price with the idea of minimizing our losses. Or we get too excited and sell immediately just because of a small increase in price. If this is how strategize trading, then we shouldn't even be trading at all! Trading requires a surmountable amount of patience to gain max profit. Day trading is an option for many because of the quick-bit profit they earn. But this really defeats the purpose of trading which generally became an investment. Being said, if we want max profit, we need to become patient enough to hold. |
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Bitophile
Newbie
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Activity: 62
Merit: 0
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January 28, 2018, 11:21:10 PM |
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Sometimes these experiences come at a very costly price. I am trying to teach myself to not worry about "what could've been" and think about future.
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mworld12
Newbie
Offline
Activity: 42
Merit: 0
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January 28, 2018, 11:29:18 PM |
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I'm extremely depressed about my impatience and persistence.
I'm a stupid man. Fuck myself.
I bought the ETC when its price was 15$, i kept it for three months, including when it down at 9$, I still don't sell, because i believe it. And when ETC rise to 15$. I sold everything and waited it down $ 13 to buy more. But, fuck myself, the next day it rise to fucking 30$, Are you kidding me?
I bought 5000 XRP from May, i still believe it, I bought more yesterday, I bought when its price was 0,00001610sts, and when it down 0,00001558, i afraid BTC up, XRP down. So i sold everything. And... This morning I woke up with a sense of chest not say words.
This is my mistake, definitely like that. I can't blame anyone.
I told myself, "The market is still there. Nothing to hurry"
I don't complain, i post here just relieve stress. I didn't tell anyone about this, including my wife.
Thank for listening.
don't worry bro this is the time for you to learn from your mistake |
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onnz423
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January 28, 2018, 11:32:31 PM |
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Disappointment and joy come often when trading bitcoin or alts, you just have to learn to be apathetic to the situation, don't invest any emotion otherwise you'll be depressed most of the time, and happy infrequently. It is best not to look at the price of stable coins too often, as you might not like what you see, just look when you hear the news rather than checking preev every hour.
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Bro.Jack.Brown
Jr. Member
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Activity: 308
Merit: 1
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January 28, 2018, 11:49:44 PM |
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There is one rule! If you hold a coin it is necessary to have iron nerves, and when it drops to know thoroughly the reason for this drop rather than rush to the exchange to be fast to sell the coin
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skan
Newbie
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Activity: 37
Merit: 0
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January 29, 2018, 12:10:11 AM |
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sounded like the mentality of a new trader. if you really believe in the coin then just hold and follow the stop loss and profit areas irrespective of the market
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cerealnac
Newbie
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Activity: 27
Merit: 0
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January 29, 2018, 12:14:23 AM |
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I you are buying because you believe in the coin, then selling within a couple of days or months is irresponsible. Mass adoption will drive huge gains and not even BTC is anywhere near mass adoption yet. If you believe in the coin then hold until mass adoption or total failure is what i say.
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Rabbai89
Member
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Activity: 70
Merit: 10
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January 29, 2018, 02:13:07 AM |
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Ive made mistakes like this in the past too, and it's really just from being impatient on my part! But i can relate to what you're saying, i dont tell anyone either! lol Understood my friend. But it does show that the money is there to be made! Just have to use it as a learning experience and more incentive to hodl!
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kamnibal
Member
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Activity: 188
Merit: 10
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January 29, 2018, 02:27:33 AM |
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to not loss to much, always use stop loss
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charcoin
Newbie
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Activity: 28
Merit: 0
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January 29, 2018, 02:37:26 AM |
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It would be great if you can put rules for yourself. Stop Loss, Target Profit. Do your own research by studying charts or maybe check twitter and filter by coin to get trading analysis by some chartist. Also not to sell when your portfolio is negative. (-). Be patient and hold. Only sell when you are happy with your profits.. Happy Trading to us.  |
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sotoshihero
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January 29, 2018, 02:42:16 AM |
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I also often sell coins before they reach the maximum price. I have no patience, so I make this mistake. In order to be a successful trader you need a lot of patience and experience.
Experience is the best teacher they say and its correct. me too got many mistakes in trading but that is the way it is, just charged to experience and move on and do not make the mistakes again as possible. To be able to understand fully the trading I think you got to stay the whole cycle like a year or more to learn all the possible scenario. Research is also good, but experienced is the best. |
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arteezyy
Member
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Activity: 133
Merit: 10
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January 29, 2018, 02:47:57 AM |
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I do have that kind of dilemma. I do think most of us had done some stupid and regretful things about our mistakes and decisions at crytocurrencies. One thing is not knowing about bitcoin and other crypto about 4 years ago. Another thing is not having patience. Never thought that my alt coin will pump. That was one of my regretful things happened at my cryptocurrency life.
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patz22
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January 29, 2018, 02:59:40 AM |
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In this business since no one controls the market we have to ensure that we hold into our investments. Trading is very hard for me when it comes to decision making at first when I sold some of my coins I thought it is at good price but after a month it went up 5x thats why after that I made a decision, I will make a target price and when it hits the value that I want I will sell and don't look back.
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timet678
Member
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Activity: 109
Merit: 10
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January 29, 2018, 03:02:35 AM |
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I hate that feeling but I think that anyone that's been in this market for a while has experienced it. For example. I bought ZRX at ICO and sold it at around $.15. Still made money but right after it went on a huge run and all I could do is sit and watch. Also, look at the price now. |
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Novgabby
Newbie
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Activity: 98
Merit: 0
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January 29, 2018, 03:31:48 AM |
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It's the worse that can happen to anyone.
We'll never know when it will increase or decrease.
It's really difficult to have a decision when trading the coins because it's price changes every single day. And we dont want to regret our actions.
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bilat69
Newbie
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Activity: 61
Merit: 0
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January 29, 2018, 03:43:49 AM |
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will that is the nature of trading and market i will increase and decrease everyday its very hard but ill get use to it.
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Blondy12
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January 29, 2018, 03:50:47 AM |
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That is what called "PATIENCE is a virtue" and it should be applied especially in trading. Panic selling can bring you down and make you a loser. If you are into that attitude and cannot control your fear then better be stop being a trader. But i will still suggest you to do long term investment, no stress at all but can sutely give you huge profits.
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CoinMaker7
Newbie
Offline
Activity: 56
Merit: 0
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January 29, 2018, 03:54:26 AM |
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don't regret learn from your mistakes I'm extremely depressed about my impatience and persistence.
I'm a stupid man. Fuck myself.
I bought the ETC when its price was 15$, i kept it for three months, including when it down at 9$, I still don't sell, because i believe it. And when ETC rise to 15$. I sold everything and waited it down $ 13 to buy more. But, fuck myself, the next day it rise to fucking 30$, Are you kidding me?
I bought 5000 XRP from May, i still believe it, I bought more yesterday, I bought when its price was 0,00001610sts, and when it down 0,00001558, i afraid BTC up, XRP down. So i sold everything. And... This morning I woke up with a sense of chest not say words.
This is my mistake, definitely like that. I can't blame anyone.
I told myself, "The market is still there. Nothing to hurry"
I don't complain, i post here just relieve stress. I didn't tell anyone about this, including my wife.
Thank for listening.
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