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Author Topic: I lost over 80k because i sold too early (newbie mistake)  (Read 4423 times)
Greedy squirrel
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July 20, 2018, 05:17:54 PM
 #1001

A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ per coin, but i decided to sell a couple of days after.
Two weeks later zclassic mooned and i could make about 80k now.

i learned my lesson in the hard way..
You did not lose money. You just did not earn a lot. And these are different things. There is a very important rule in trading. Received a profit, thank the market. The next profit on this coin is no longer yours. It is necessary to stop and forget in time.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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usamamalik555
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July 20, 2018, 05:39:18 PM
 #1002

A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ per coin, but i decided to sell a couple of days after.
Two weeks later zclassic mooned and i could make about 80k now.

i learned my lesson in the hard way..

Such a pity. I feel bad for you, but let’s look at this in positive way you learned the lesson. And next time won’t do such a mistake.
gaponya
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July 20, 2018, 05:54:44 PM
 #1003

Never regret what you did because it detaches you from new victories. It was a small lesson but if the price fell then you would say that you are lucky so do not worry and always stick to the goal!
amadocuaresma
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July 20, 2018, 05:55:27 PM
 #1004

I encounter like that in lun,aion and strat from binance when i'm novice here in my contributing like I lose 0.05 btc yet I procure effectively here like 0.2 btc in my contributing and I begin just dec 2017 here in crypto so I think better for you to do is contribute just a little to pick up encounter first at that point on the off chance that you as of now acquire or you definitely know how to exchange here at that point begin to put big,I prescribe btc,eth,ltc,bnb and bcc in contributing if your novice since you just need to get it at that point hold it and you can't lose in dislike some altcoins here you require just to offer in high like simply pause if the cost is now high.
glowing10
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July 20, 2018, 05:58:27 PM
 #1005

A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ per coin, but i decided to sell a couple of days after.
Two weeks later zclassic mooned and i could make about 80k now.

i learned my lesson in the hard way..

Such a pity. I feel bad for you, but let’s look at this in positive way you learned the lesson. And next time won’t do such a mistake.

Their is always a next time provided you do not repeat the same mistake again. So basically you should be buying at low price and hold it till the time you get your price . Also in between if prices fall do not worry it will recover Nd then sell it .
cryptolidus
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July 20, 2018, 08:53:13 PM
 #1006

I had many situations of that kind during my trading carrer.  I never regret my decisions and never looking back. If I make a decision based on may trading plan with targeted profit and a day after it the coin go to moon (happened to me several times) what can I do?
I am not a medium to can predict such situations. I have learnt how to deal with it and not to cry later on Smiley

jjdub7
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July 20, 2018, 08:58:24 PM
 #1007

A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ per coin, but i decided to sell a couple of days after.
Two weeks later zclassic mooned and i could make about 80k now.

i learned my lesson in the hard way..

Such a pity. I feel bad for you, but let’s look at this in positive way you learned the lesson. And next time won’t do such a mistake.

I don't think that it is pity. It is impossible to always sell in the best moment. If he waited and the price go higher, than he would wait longer for a higher price and we will have "I lost 100k, because I did not sell", people will always have something to cry about.
pekingcoepo
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July 20, 2018, 09:17:06 PM
 #1008

A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ per coin, but i decided to sell a couple of days after.
Two weeks later zclassic mooned and i could make about 80k now.

i learned my lesson in the hard way..

Such a pity. I feel bad for you, but let’s look at this in positive way you learned the lesson. And next time won’t do such a mistake.

I don't think that it is pity. It is impossible to always sell in the best moment. If he waited and the price go higher, than he would wait longer for a higher price and we will have "I lost 100k, because I did not sell", people will always have something to cry about.
With the fall in prices so far many people have suffered losses as well I have, so far somehow the loss that I experienced due to poor market conditions and speculation that I gave less fortunate so when I bought the coins the price was even more devastated. , but all that we do not need to cry because it is also a risk that we must accept because included in the crypto.
DiabolicAnt
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July 20, 2018, 09:22:56 PM
 #1009

Well, you didn’t really lose those money but you’ve lost the chance to get them. And there’s no guarantee that you would’ve sold them at their highest so no reason to be upset, really. But anyway, it’s a common mistake.

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July 21, 2018, 07:58:01 AM
 #1010

A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ per coin, but i decided to sell a couple of days after.
Two weeks later zclassic mooned and i could make about 80k now.

i learned my lesson in the hard way..
Almost all traders experience that. Just be happy that you didn't lose your initial investment and learn from your mistakes. Just move on and prepare your  next strategy on the next trade. Focus on the present and the future.
JovhanHermias
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July 21, 2018, 08:03:09 AM
 #1011

Well you didnt loss anything you just got small profit, well failure is the mother of success so its natural to make mistakes specially in crypto world because no one can predict when will the price go hike and when will it dump. Just seeing the chart than reaches the price and then selling what you bought in cheap, thats a good thing
kuteo.bedangieu4
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July 21, 2018, 10:17:19 AM
 #1012

It's so normal in trading or investing world,  never feel that you are the only one who missed that good opportunity,  so many people just feel like you,  but never worry about that dude,  there are still many opportunities in the future.
Cryptosis
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July 21, 2018, 12:40:15 PM
 #1013

This is a agreeable incorrupt championing me in that i am solitary convergent in technicals and not with the approaching counsels to each currency that i am trading. Having this excuse is antecedently in a bleak idle that is reason i alive what you caliber deserved at the moment nevertheless dont displace your dream there are many currency out there.
tesla1994
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July 21, 2018, 12:42:31 PM
 #1014

Well, you haven't lost you just missed a profit. In any market this is normal, no one would be able to buy at the lowest and sell at the top. However, it is important to buy in projects you believe in and hold it for a bit to see good gains  Wink

I totally agree with you
voteformeg
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July 21, 2018, 12:49:36 PM
 #1015

so maybe you also regret that you did not buyed bitcoin at a price of 0.01$ , if you only had buyed a 1000 of m  for 10$ would made your life a lot easier but we all regret that and i think a lot of other people with us
Kurukungkwang
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July 21, 2018, 12:52:58 PM
 #1016

Well, you haven't lost you just missed a profit. In any market this is normal, no one would be able to buy at the lowest and sell at the top. However, it is important to buy in projects you believe in and hold it for a bit to see good gains  Wink

As a newbie, we don't have too much experience of our tokens. First we do, is just to ask somebody or anybody whos holding token of what would you do you? We need more advice from others so that we don't lost 80k for sell early but never mind for that lose, your better relax next time of selling your token.
eugenefonts
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July 21, 2018, 12:54:21 PM
 #1017

Its normal and its not a mistake sometimes youll win sometimes youll lose its in your hand to develope your skills and learn from your past mistake. You'll learn from your past experience and become familiar with the crypto market movement and you can earn a lot from that. You should not trade with emotion because someday youll win also and dont be sad now because someday well be very lucky because we are the 1% of the world holder of crypto currency and imagine if the whole world will dive into crypto.
silvercrashed
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July 21, 2018, 11:11:06 PM
 #1018

I think everyone makes that mistake. and it is impossible to predict what will happen tomorrow at the market.
Raufjoze
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July 22, 2018, 06:11:51 AM
 #1019

In fact I made the same mistake through this giving more challenges and experiences that sharpen my skills and abilities because I think this is a normal case or scenario because they are beginners
Crypto Girl
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July 22, 2018, 10:05:26 AM
 #1020

I think everyone makes that mistake. and it is impossible to predict what will happen tomorrow at the market.

And this mistake will be a lesson that we can use in our journey in being a trader. And I think OP haven't loss that much but just profit a little and I think he's still fortunate, he just mocking that he sold early and didn't see it coming. Yet we should be still thankful that we still profit and that what matters most here.

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