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Author Topic: I lost over 80k because i sold too early (newbie mistake)  (Read 4423 times)
LooBaao
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August 11, 2018, 09:54:44 AM
 #1161

Many people have regretted making wrong decisions in this cryptographic market, I have met and not lost that feeling, I should not do that, while the market should fall hold , Do not rush
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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feranmi2018
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August 11, 2018, 09:58:15 AM
 #1162

We all make mistake at some point in time I lost over $10000 for holding some tokens and coin but have learnt my lesson ....
Catstevens19
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August 11, 2018, 01:41:27 PM
 #1163

You have learned your lessons,always check both technical and fundamentals so you can be sure that you will not miss any opportunity in the future.I have been in that situation so i know i feeling of losing big opportunities.
joel123
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August 13, 2018, 09:47:06 PM
 #1164

Now you have learnt. This is one mistake that not just you, but a lot of persons have made, and many more are making it simply because they lack patience or faith in their coins and then sell off even when they are not suppose to do that. This is the importance and beauty of long term hodling. When you invest in a coin that  you trust, you should be able to wait for its potentials to manifest.
kworrom
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August 13, 2018, 10:06:30 PM
 #1165

80 thousand is really a very large sum. Everyone should understand that sometimes we have to pay a lot for life experience. This experience will later help in life, so do not be upset.
Applechild
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August 13, 2018, 10:15:32 PM
 #1166

My own mistake is similar though not as a newbie. I bought NTY a month ago and as at the last time I checked let me say last week, it was worth the investment. I was so proud of myself for the investment so to say but right now I am not proud because the coin has so dropped below my capital. I am now asking myself why I didnt sell it as at last time the price was ok. I just decided to ignore it right now hoping that the price will increase with time. The market is not so encouraging recently and for long except for some very few coins.
Aneuk cabang
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August 13, 2018, 10:17:20 PM
 #1167

price movements that are not able to be estimated from the time movements of each time, sometimes also using analysis only limited to very limited and inaccurate movements. this is the nature of crypto which is very volatile.
Zenon_v_Kition
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August 13, 2018, 10:20:08 PM
 #1168

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 have not lost any money. you just did not take the maximum profit
Crytptomeniac
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August 13, 2018, 10:22:42 PM
 #1169

first it's a bit absurd to think about what you would have earned if you did something or didn't do it, that's not mentally healthy and I advise you to stay away from that kind of thinking, it's like saying that by not investing in bitcoins in 2012 you're not a billionaire and you're sorry for that, we've all made similar mistakes, but the good thing is that you won a new experience that will allow you to invest wisely in the near future.
inetto7
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August 13, 2018, 10:25:56 PM
 #1170

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..

I wanted to buy in 2015 a dash coin of $ 5. In 2017 I could sell them for 1500 dollars. I, too, regret, but the market is still young and we have a chance to repeat the success
Haterstestbtc
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August 13, 2018, 10:29:44 PM
 #1171

It's a bigger profit that you earn already and don't be upset on a case be thankful of all that you have infact many of our members here are similar with experience several times and maybe this is the first time that you experience. As the price of the market is hard to predict. Otherwise lets make a good experience anf better luck next time.
xiboothrezi
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August 13, 2018, 10:57:32 PM
 #1172

One lesson in cryptocurrency: always be grateful whatever profit you get. If you regret it, you will be difficult to move on. Think of it as a lesson, no one can really predict price movements, all depends on demand and supply on the market. I think everyone must have experienced it, I've also experienced it. Take it easy, there are still many opportunities. Let's try again.

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LeavingEden
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August 13, 2018, 11:03:08 PM
 #1173

That would be a learning experience, know what you have to improve. Don't be greedy, you can hold it and wait for the better price. I understand because like you said newbie mistake but lesson learned. Just be careful next time.
gregor0708
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August 13, 2018, 11:03:17 PM
 #1174

You did not lose 80k, but missed the opportunity to earn. You have a FOMO. Do not worry - the market is still growing the opportunity to earn
sousay
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August 13, 2018, 11:12:51 PM
 #1175

That's crypto you don't know what will happen the next week or next month,I think you made the right desicion you might earned small profit but at least you dont loose anything,you only loose the opportunity in getting a big profit.
portalufonet
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August 13, 2018, 11:21:22 PM
 #1176

That would be a learning experience, know what you have to improve. Don't be greedy, you can hold it and wait for the better price. I understand because like you said newbie mistake but lesson learned. Just be careful next time.
I think that mistakes are always the precious experience that investors need without any school that can teach them. Financial investment is very difficult and not everyone can succeed so investors need to be active in the worst situations of the market. An investment strategy is needed to give you an overview of the market.
Troysen
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August 13, 2018, 11:22:45 PM
 #1177

 Well sad that you lost quit a good amount but thats how it turns out  when we chose impatience, sometimes a day can make a very big difference when it comes to the value of the cryptocurrency coins, maybe net time you will be more patient with your dealings
Yasman
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August 13, 2018, 11:23:33 PM
 #1178

Many people have regretted making wrong decisions in this cryptographic market, I have met and not lost that feeling, I should not do that, while the market should fall hold , Do not rush
Don't think about it so much. Now is the time to make some money because there is more money out there.
anglosaxon
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August 13, 2018, 11:45:38 PM
 #1179

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..

When I was a newbie, I have made some mistakes on timing of buying and selling my altcoins. But now, I have understood that when to start buying and prepare for selling. Now I believe that I can make better selections.
MyNameIs Trung
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August 14, 2018, 01:31:42 PM
 #1180

You have learned your lessons,always check both technical and fundamentals so you can be sure that you will not miss any opportunity in the future.I have been in that situation so i know i feeling of losing big opportunities. Lips sealed
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