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Author Topic: I lost over 80k because i sold too early (newbie mistake)  (Read 4423 times)
shana95
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February 17, 2018, 03:00:49 AM
 #141

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..

Did you sell it with profit? If it is, be happy... Because you are at least in profit. We can't guarantee all the time it goes up with profit. once my friend had 9000 UCASH. it reached $1.9 on 13th of February. but he didn't sell it waited for more up. But now coin value is $0.04. I guess this example will show how much risk there. So don't worry if you are in profit. Because price rising like that is not happening always. If you don't have good analyse on that coin don't HOLD it.  good luck mate
Schultz88
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February 17, 2018, 03:01:30 AM
 #142

You are not losing 80k for real but you missed your chances to get over than 80k. Actually who will know that the price would be mooned, if anybody knows why then they will be very rich.
Mumbeeptind1963
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February 17, 2018, 03:03:42 AM
 #143

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 mean you sold your coins immediately after buying? You did not keep hold of them and wait for the price to go up thats why you lose almost 80K. That is really lesson learned, you must always keep the chart and learn the basics of trading. You must read more about trading so that you will not lose money next time.
You've been panic when you saw a price dropping right. You didn't even make time to just hold for a while your coin? Aww, that's really sad thing, however you can't do anything to bring back what's lost, all you have to do is to correct your mistake next time. This thing is not avoidable in this kind of job, you must be careful and a wise thinker and decision maker next time.

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coinsocieties
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February 17, 2018, 03:06:52 AM
 #144

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 have almost they same experience with you as i sold early too then now the price of that token is around 20$ each i feel bad but its ok for me maybe this a good lesson that i have to do is to hold a coins in a long term so you will not regret in the future.



                                                                                                                                             
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ChrishAi28
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February 17, 2018, 03:10:00 AM
 #145

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..
Lesson learned! What happened to you also hapenned to me. Rushing in selling will lead to regret. Learning how to hold your coins in the long term will make much income in the end.

kulitmanggis
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February 17, 2018, 03:23:14 AM
 #146

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..

yes that's a mistake for new players who do not know or are still lacking how to get the right trading, the right trading to get a lot of profits you just need that patience is the most important and do not be fooled by the talk of people.
ericunc95
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February 17, 2018, 03:23:41 AM
 #147

That definitely would have been a nice profit but just count yourself lucky for now as a lot of newbies have came into the game and lost big time.  Just research your projects and hold if you can.  Good luck.
tokenchatkelvin
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February 17, 2018, 03:47:57 AM
 #148



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
[/quote]

safer to buy when there is blood on the streets, ie. when fear is the greatest. But that wait requires patience...
Agozyen
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February 17, 2018, 03:52:32 AM
 #149

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 could also be a millionaire right now if you bought 1000 bitcoin when it was a $1.  Don't dwell on what could have been.  We've all been there. 
shone08
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February 17, 2018, 03:55:00 AM
 #150

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 have almost they same experience with you as i sold early too then now the price of that token is around 20$ each i feel bad but its ok for me maybe this a good lesson that i have to do is to hold a coins in a long term so you will not regret in the future.

This is normal in cryptoworld since the market are full of big whales their always a chances that the price will boom in only a couple of minute ot hours if you think that the token you bought have a high change to boom then hold it for long term dont be sell early if you buy a token in a small price always trust your self and be update on the token you buy thats a reason you will learn from selling too early.
AlexViet
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February 17, 2018, 03:56:33 AM
 #151


What a pity. May you make better decisions
miningguru
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February 17, 2018, 03:59:28 AM
 #152

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..

Already many experienced people are suggesting us to hold the coins because when it is in dips the only option we have is hold as long as possible until we make profits. Once Bitcoin prices settles automatically the price of coin will increase in the market.
entrepmind23
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February 17, 2018, 04:00:59 AM
 #153

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 lose an opportunity to have higher gains but you didn't really lose anything. You even have gains in your previous trade I suppose when you sold those Zclassic when it was $2. A gain is still a gain no matter how big or small it is. You can always have another opportunity and just be thankful that you were able to have some gains in that trade because others did have some losses in that trade when they bought ZCL higher. Just think of the possibility that if ZCL didn't moon and tank after when you sold then you would have been thankful that you sold it. There would always be other coins that you can have opportunity and do not be greedy cause you might end up losing more wishing for a higher price.

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February 17, 2018, 04:07:21 AM
 #154

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 didn't lose anything. I mean you locked in your profit and that was the best thing to do for we all know how volatile is the market. At least you have something to grow.
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February 17, 2018, 04:08:25 AM
 #155

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 read your post and it seems that it is not case. The way i interpret it, you did not lost 80k because you sell your coin too early but i think you missed that opportunity to profit 80K because you sold early. Maybe you make profit with that transaction but only a little.
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February 17, 2018, 04:19:02 AM
 #156

It is difficult to pin point the highs and lows but it did sound like you got out of Zclassic too quickly.  HODLing is paying off more than day trading.  Next time before you get out of a cryptocurrency, make sure you are happy with the profits regardless if it keeps going up. 
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February 17, 2018, 04:30:50 AM
 #157

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 is usualy in altcoin investments, I'm also regret for selling 5000 PPT with price only $ 2 (november), if I hold and sell now then I get huge profit because the price of PPT is now $ 30 even once reached $ 60.

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juragane
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February 17, 2018, 04:35:22 AM
 #158

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..

hopefully this can be a lesson for all new players to be more careful and more patient not only that you should be more patient when there is a price change.

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February 17, 2018, 04:40:55 AM
 #159

Honestly speaking my friend, if only all of us can predict what would happen in the future then we all are millionaires now  Smiley. For me, you made the right move, as long as you profit with your transaction, it is fine. Don't be too greedy because we can't approximately forecast the future.

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February 17, 2018, 04:53:05 AM
 #160

I wouldn't call it a "Loss". But more of an opportunity cost where the opportunity was foregone.
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