liangweicha
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Activity: 238
Merit: 10
The Experience Layer of the Decentralized Internet
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February 19, 2018, 12:09:32 PM |
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Experience is really the best teacher, because you always make mistakes when you first enter the cryptocurrency market, and eventually you will find that long-term holding is the easiest way to make money.
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Whosdaddy
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February 19, 2018, 12:16:49 PM |
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Experience is really the best teacher, because you always make mistakes when you first enter the cryptocurrency market, and eventually you will find that long-term holding is the easiest way to make money.
unfortunately in trading, even experienced people also making mistake. I mean to say your experience will not help all the times in trading for making profits. So, I do believe there will be no newbie mistakes in trading. Because when you are having open position and you are seeing you are getting profits then your greed will come into play and most of the time you will make mistakes. This is happening to each and every trader so there will be no escape for anyone.
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Gifolote
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Activity: 308
Merit: 10
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February 19, 2018, 01:02:02 PM |
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It's okay ,everyone goes through this . All the more you not lost 80k ...you could have just made some money but lost nothing .
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Raven91
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February 19, 2018, 01:05:56 PM |
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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..
Common mistake for newbie so let this be a lesson to you and to avoid this next time. Dont be down and just start a new one then try to remember your mistake so it wont happen again. Just sorry for the loss and hope you can make up for it next time.
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Melech
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February 19, 2018, 01:16:56 PM |
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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..
The price falls or grows, but investing all the money in one asset is a bad idea.
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btctuxedo
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February 19, 2018, 01:23:25 PM |
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Well, hopefully you learnt your lesson and HODL your coins longer in future.
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redyaprimasmara
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February 19, 2018, 01:59:12 PM |
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just suggestion dont buy coins when the price is going up higher than ICO price. and dont sell your coins when the price is lower than you bought, just hold and sell it when you get profit. just profit, dont be greedy
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darkphoenix2610
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February 19, 2018, 02:05:30 PM |
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It's ok bro as long as you learn from your mistake, have a patience to wait until the value pump, if you want to be a trader you will accept the risk on how much you will have lost if you are a panic seller, I advice to you before buying coins you need to do your own research so that you will never had a mistake again just buy coin that has a potential.
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Nikosgalis1957
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Activity: 196
Merit: 100
CHIEF GROWTH OFFICER OF GLOBAL ENTERPRENEUR
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February 19, 2018, 02:07:21 PM |
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Yeah noob mistake because you didnt lost anything, you just missed the pump because your hands are too weak and you sell too early that's why you didnt make much profit then you should do. The only way to never miss the pump is too hodl forever and never sell your bag again, this way you will alway in the winning team since you will never a single pump but you will never get your profit. Selling is not alway a bad decision.
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Bergiolia
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Activity: 224
Merit: 101
HEXCASH - Decentralized Fund
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February 19, 2018, 02:11:22 PM |
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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.
Well, that's a good lesson and you missed that opportunity. In my country, you could buy a new house, brand new Ford Mustang and unlimited coffee for the rest of your life. $80k is a lot of money today and I am just holding over $50,000 Crypto Assets today and I'll this as my lesson so that I would never sell my Altcoin's just because I am tempted to invest into some coins that seems no potential to be the next Top Altcoins. Thanks for sharing this lesson and I am happy now seeing my Assets growing everyday.
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tanghere02
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February 19, 2018, 02:15:57 PM |
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I don't think you lost anything because you didn't have that amount in the first place before the coin mooned. Although it was a waste when it was supposedly your profit and such a huge amount of profit according to you so don't confuse the losses with your supposedly profits. I would suggest to sell your coins only if you needed the money but if not then hold them for a couple more years or months and you'll be surprised of the amounts you profit.
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cramcram21
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Activity: 854
Merit: 251
★777Coin.com★ Fun BTC Casino!
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February 19, 2018, 02:25:28 PM |
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I think the best way to learn is by experiencing things ,Experience is the best way to learn . Don't worry there are lot's of other time and lot's of other coin out there, It also happened to me in my case it only took 4-8 hours then the coin started pumping and the next thing I know is if I waited my money would be 3x higher.
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flower1024
Legendary
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Activity: 1428
Merit: 1000
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February 19, 2018, 02:40:06 PM |
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I think the best way to learn is by experiencing things ,Experience is the best way to learn . Don't worry there are lot's of other time and lot's of other coin out there, It also happened to me in my case it only took 4-8 hours then the coin started pumping and the next thing I know is if I waited my money would be 3x higher.
This is common who knows the price will increase or decrease tomorrow. whenever you feel that you are in profit just you can sell it and make money. I don't think it is a mistake because you sold it for your best price but after that price increased it's not your fault. If you think you made mistake then who all sold bitcoins last year beginning they all did the same mistake (here everyone included from newbies to legendary).
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arunakiran
Jr. Member
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Activity: 224
Merit: 3
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February 19, 2018, 02:50:21 PM |
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No problem, just be patience to get more profits. Always try to buy when falling fast and sell when going up
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lovemsngr
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February 19, 2018, 02:51:57 PM |
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It often happens that even when you get a profit, you start feeling sorry for what you sell out early and you could wait. I try not to do this because after that trading will not be pleasure at all
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Tony_Nguyen
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Activity: 238
Merit: 10
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February 19, 2018, 02:53:55 PM |
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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 only loose your opportunity to gain greater profit but did not loose any penny. Be realistic. I could say that I lost 1 Billion $ because I did not buy and hold Btc when it arise also )
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CokeCoin
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Activity: 235
Merit: 10
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February 19, 2018, 03:03:27 PM |
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Dude, this is really a hard way. It would be better if you firstly read mistakes that others make and then took up the trade.
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Liklopor
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Activity: 126
Merit: 10
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February 19, 2018, 03:05:50 PM |
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This situation occurs in everyone . You didn't lose 80k . You just could earn but couldn't ) are two different things
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CryptikEnigma
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February 19, 2018, 03:07:34 PM |
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Once I lost 10 thousand and it was for me a serious loss, now I'm just recovering. Although, it’s an experience, so I wish u not to have such mistakes!
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Vit83
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February 19, 2018, 03:10:52 PM |
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My mistake was with XVG I sold it the bottom around 60 satoshi( It's a common mistake you are trying to HODL when it falling down but after small bounce you are selling it) and then it goes to the moon without you;)
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