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Author Topic: I lost over 80k because i sold too early (newbie mistake)  (Read 4423 times)
anhlandibo12
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February 16, 2018, 08:55:03 PM
 #101

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..

After observing the rates of cryptos ZClassic I feel sorry for you, you probably do not update the news about these cryptos as well as the signal about its price. Such robust growth often anticipated as it is influenced by a variety of factors, including news, events and general market rates.

Minecache
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February 16, 2018, 08:58:22 PM
 #102

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..

Never sell the whole position if you are not sure. Sell one half for USD. In this way you won't regret if your position will go down or up. It would be the same for you Wink

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lemonscentedbreeze
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February 16, 2018, 09:00:06 PM
 #103

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..

This happen normally to us newbies since we haven't been able to grasps the cryptocurrencies volatility, actually I almost did the same mistake even with my friends advices I almost sold my investments to cut my losses and shift to a new altcoin good thing I resisted my urge to sell them and look how the market goes green again, its really true that holding is the safest and the best step to take when it comes to trading.

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yudhistira
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February 16, 2018, 09:08:10 PM
 #104

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..

On the contrary, this is the biggest mistake of all newbies even in gambling. Everyone says he has lost what he could have won. If you are out of the casino / market even with 1 $ more then you are not at a loss (at least financial, wasting time, nerves, etc. but not money).

You invested $ 730 and if you are cashout even 731$ this is not a loss.  Smiley

But yes, this may be a lesson to you not to rush.  Grin

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cryptotitan
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February 16, 2018, 09:13:22 PM
 #105

How did you lose money ? if you didnt risk anything? you didnt lose it,but you really lost a good opportunity to earn big but do not be worried because we almost have the same experience,its the newbie's common mistake of not checking the upcoming news that is why we need borth technical and fundamentals analysis.

xrpdavid
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February 16, 2018, 09:16:47 PM
 #106

Sucks man.. I think a lot people here have some kind of story like that. If you don't really need all the money you've putten into a coin, I would suggest never selling everything at once. (With exceptions like if it turns out to be a scam lol)

If you've made some profit, you could sell some so you have your investment (and maybe a bit more) back and keep the rest, or just keep a very small bag in case it suddenly moons. Selling everything can be painful if it does start mooning.. however if that happens just try not to think about it too much and move on.. there's many more projects like it that you could be concerning yourself about.

KryptoKai
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February 16, 2018, 09:18:04 PM
 #107

I feel bad for you, although you didn't lose any money, you lost out on a big opportunity. To make yourself feel better you need to do the same for a super coin with huge potential. One suggestion is TLX which is a telegram AI bot token that just listed on yobit last week. Currently <10 cents with 20m supply, you know this will go 10x easily!

mangkanor
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February 16, 2018, 09:19:57 PM
 #108

You did not lose $80k but you did lose a good opportunity to make thousands of dollars if you really did yoir research,ZCL has some big news to come that is why it is being pumped,surely you arent checking each fundamentals of the coins you are holding that is why you missed this trade and her you are posting here .

ogmaro
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February 16, 2018, 09:24:16 PM
 #109

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.
if not everyone might have gone through this, is no news on this space. Be patient next time
lyons
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February 16, 2018, 10:18:59 PM
 #110

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..

My advice is that, just think about the future. If you always complain about the past, you can never reach good successes in the future by trading with cryptocurrencies. So, just try to make better choices. Good luck!

huzurkan
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February 16, 2018, 10:22:23 PM
 #111

Experience is the most expensive information that can be bought. I am sorry for you. I hope you will not do the same again.






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BroganBloodstone
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February 16, 2018, 10:47:28 PM
 #112

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 mentioned. You have not lost anything. You just learned something. Something similar happened to me with NEO. I do not feel like I have lost however. Just keep on researching and learning Smiley
BitCare
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February 16, 2018, 10:51:10 PM
 #113

It's normal situation and you didn't lose anything. All you did — sold your tokens too early, but it was your choice. You know, you can say that "I lost winning lottery ticker, but it hasn't included 3 winning numbers". You buy, you sell, you earn or lose . It is the market, where somebody is earning, while others are losing.
Coins_Hiro
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February 16, 2018, 10:54:20 PM
 #114

Things like this are normal in crypto. If you are not a trader, it is really hard to let go of your coins and the "good thing" about selling is prices pumps up more after you sold it all! That's probably I keep holding my coins and never sell them at all  Grin Just like what others are saying mistakes are good thing for us to have experience. They serve as a lesson so that we won't be doing the same mistakes over and over again.
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February 16, 2018, 10:55:13 PM
 #115

Have been in your shoe in many occasions, learned my lessons and still learning more. It pays to be patient with any coin that seems to have a great potential to increase in value. I don't panic sell anymore.
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February 16, 2018, 10:56:25 PM
 #116

I don't get it why people saying he didn't lose it. Of course he did lose the opportunity to make $80k. if he had hold few more days, he could have make fortune. Well that's hard way to learn, i have been experience same thing with ADA. Sold at 0.05 cents everything, and after 5 days boom. pumped to 0.30 cents. it hurts but there is always next opportunity.

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February 16, 2018, 10:57:23 PM
 #117

I feel you man. That's why you gotta HODL. currently HODLing ITC. Could've sold it when it hit $9, but planning on selling in a few years and making a ton. https://coinmarketcap.com/currencies/iot-chain/
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February 16, 2018, 11:03:01 PM
 #118

Now think that your bad experience is a good lesson for you. Study projects and buy new coins and everything will be fine.
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February 16, 2018, 11:05:38 PM
 #119

I have also had similar experience with some coins i bought. I sold too early and right in my presence, these coins were mooning. I could not buy back,because i knew i would not have enough coins i had initially. I also learnt a big lesson here.
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February 16, 2018, 11:12:52 PM
 #120

Don't regret it. If you sell than don't look back. Make a final decision and just forget it.
We all could make big money if you see that way.
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