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Author Topic: I lost over 80k because i sold too early (newbie mistake)  (Read 4423 times)
Cje (OP)
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February 16, 2018, 02:21:19 PM
 #1

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..
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February 16, 2018, 02:25:26 PM
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 #2

How can you say you lost $80,000 when you didn't have any Zclassic when the price spiked? You didn't lose anything.

That's like saying you lost $50,000,000 because you didn't buy a lottery ticket that might have won.

In any case, there are plenty of other moonshot opportunities, just invest $500 each into the top 10 promising candidates, you only need one to succeed to recoup your investment and more.

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February 16, 2018, 02:25:59 PM
 #3

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..

as we know, the digital currency is very fluctuating movement, we hold the coins until we feel it has reached the highest price, hopefully it becomes a lesson

sorry for the bad its my language

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February 16, 2018, 02:26:05 PM
 #4

I wouldn't worry about it. It's pretty difficult to predict which coins are going to moon anyway. You can just do your research the best you can, and hope that you get lucky. Other than that, as long as you don't lose money, there aren't any wrong decisions.

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February 16, 2018, 02:26:05 PM
 #5

Just make sure that you don't commit the same mistake bro. This if fine and don't let this bring you down. Atleast majority of traders experience this at one point in their lives. Next time be more patient. Profit does not come to you in just a couple of weeks or months. It takes time to grow.

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February 16, 2018, 02:28:12 PM
 #6

We have all been there dude, and you haven't "lost" 80K you just didn't make it. But you did take profit which is never a bad thing and a tough lesson for now. But find comfort in the what I said earlier, most of us have been there. Good luck on your next investment.
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February 16, 2018, 02:29:21 PM
 #7

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..
Keep it up bro,people made mistakes and you are not the only one who sold at that rate,you need to be careful next time find some news so you will able to know when it is time to sell or you need to HOLD for longer time.ZCLASSIC has some fundamentals that is why it skyrockets this is the reason why i am checking most of the news in my coins so i can tell if its time to sell or hold.The best teacher is your experience do not afraid to make mistake but be sure that you wont make the same mistakes in the future.

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February 16, 2018, 02:32:07 PM
 #8

How can you say you lost $80,000 when you didn't have any Zclassic when the price spiked? You didn't lose anything.

That's like saying you lost $50,000,000 because you didn't buy a lottery ticket that might have won.

In any case, there are plenty of other moonshot opportunities, just invest $500 each into the top 10 promising candidates, you only need one to succeed to recoup your investment and more.

Hahahaha I get you point really. He lost nothing in the real sense of it. At the time the coin mooned, he had none it. FUD has made a lot people miss out on making a lot of money from cryptos. I've learnt to hodl and take profits at the right time.
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February 16, 2018, 02:34:25 PM
 #9

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..

yeah , i think you just need more patient in trading
and stay hold in low price of coins because not ever price stay in low
the price of coins always fluctuatif, increase and decrease
and always analyzes candle of coins want to trade to be get strong analyzes skill

 
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February 16, 2018, 02:40:05 PM
 #10

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..

If you have sold for a profit, you still did well.

Not all coins moon, so those who hold on and hold on hoping for a moon often end up losing money and becoming bagholders instead.

 
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February 16, 2018, 03:02:35 PM
 #11

If you could have a profit it is already good, the most important thing here is to learn from these errors so as not to reproduce them.
Sometimes it is better to sell everything and sometimes not, every time you want to sell you have to find out if you have to sell everything or if you have to keep some of your coins, if you do a lot of fright you will have experience and you'll take the right decisons soon
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February 16, 2018, 03:05:15 PM
 #12

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 don't lose anything though, it is just you lose the opportunity to gain more money than you got before. It's different because you don't have the coin when the price spiked. It's a common situation as everyone was happy when their token worth a lot on December but they lose a lot because they didn't get to sell it.

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February 16, 2018, 03:08:16 PM
 #13

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..
That means you have been made decent profit from your zclassic initial investment and so what's wrong with that? I was seeing the chart of zclassic and try to make a comparison with your statement and then if i can say about you were selling all of your zclassic when it was around $100 or more. Just thanks to zclassic which bought you a lot of return man. it looks pretty weird.

 
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February 16, 2018, 03:12:04 PM
 #14

Do not let your mistakes eat your confidence,learning from your mistake would be the best teacher,Mistakes would be your stepping stone for a further journey of your cryptolife.People make mistakes,theres no one doesnt,but be sure next time you wont repeat the same mistakes.I have been with that situation many times so i suggest be patient on your trades.

TheAndy500
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February 16, 2018, 03:14:50 PM
 #15

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 think you have not lost money. You just did not earn more. You made the decision to sell in probably the best moment from your point of view. Then you probably thought it was a good decision.

TerrorFromTheDeep
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February 16, 2018, 03:45:36 PM
 #16

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..

It is the first and foremost lesson of crypto! Hold so long as you can! If you try to gains fast profit, you should be ready for such things. I agree that you could not lost anything, but just missed one of chances
hannahB4
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February 16, 2018, 03:48:27 PM
 #17

The deed is done, and it is always said long time investment returns is higher, invest and hold while it last until you need money so badly that you need to sell.Don't be angry with yourself but rather learn from this.

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February 16, 2018, 03:50:59 PM
 #18

I have some mistakes by letting go some of my coins lately. And now there prices are 5x when i sell them. Anyway we committed mistakes and we learned from them.
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February 16, 2018, 03:53:39 PM
 #19

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
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February 16, 2018, 03:55:51 PM
 #20

It is always good to take profits in Cryptos periodically so that you can wait to buy in again when their market plummets ..

At the end, it boils down to your strategy..

But I think u never lost anything though
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