Lewoll
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Activity: 196
Merit: 14
I don't think sMerit harvesting is a serious crime
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February 17, 2018, 12:24:47 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..
I think it's normal because the next time you dump your tokens in order to invest into another tokens you would surely think many times if that is the best decision you'll make. In my experience, I didn't sell my tokens because I am afraid that I would lose huge amount of money like what you did. $80k is to much for me. And that money can secure my family's future and my grand children as well.
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Lewoll
Member
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Activity: 196
Merit: 14
I don't think sMerit harvesting is a serious crime
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February 17, 2018, 12:28:53 PM |
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A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ 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..
Thats an unfortunate story , I bet that every one of us ahve a bunch of them. Not only of selling to early but also not selling when it is time. So what is the lesson? You could not have known that it will shoot for the moon. You had missed that opportunity on earning $80k worth of money if you didn't make a wrong move. All you have to do is move on and earn it as a lesson and I am earning this one as my future criteria and decision making as well so that I will not be able to lose tokens and money in the future if I'm doing Day Trading.
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alieknov
Newbie
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Activity: 154
Merit: 0
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February 17, 2018, 12:41:31 PM |
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Well, nobody really knows when will the prices of coins will increase. Its really hard to tell especially if you're a newbie and didnt have many informations about this. But you should not regret anything when selling your coi s because it is your own decision to make. I advise you to sell only a few of your coin when you really need money.
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pprun
Newbie
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Activity: 196
Merit: 0
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February 17, 2018, 12:46:11 PM |
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Better move on. Regrets wouldn't help you. Take the lesson in the future to avoid the mistake. Experience is the best teacher ever in human life. We all do mistakes but we can take the lesson.
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kreja
Jr. Member
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Activity: 75
Merit: 1
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February 17, 2018, 12:50:15 PM |
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Today my cousin told me that he decided to buy some btc when he heard of the idea in year 2009. But it was not easy to buy bitcoin at that time so finally he gave up. But he is not regret because he knows that even if he bought some btc in 2009, he would sell it when the price reaches $1 or $10. It's really hard to hodl.
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ICO Lancer
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Activity: 182
Merit: 0
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February 17, 2018, 12:57:27 PM |
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Live and learn, what can you do.
Experience is one of the strongest things you can learn from.
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paxmao
Legendary
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Activity: 2240
Merit: 1589
Do not die for Putin
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February 17, 2018, 01:08:20 PM |
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A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ 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 only thing that surprises me is that you are using a newby user for the post. Trying to have some privacy I guess. It is a question of risk, you did not loose anything, you just made some profit and did not take risks. It mooned but could have doomed.
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arpaul
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Activity: 294
Merit: 10
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February 17, 2018, 01:10:16 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..
That's why i always hodl it for long term and only check the price twice a week. I always have faith in the coins i chose based on research i did.
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toilatan2
Newbie
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Activity: 44
Merit: 0
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February 17, 2018, 01:12:43 PM |
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Feel like you~~
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cobak pole
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Activity: 136
Merit: 10
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February 17, 2018, 01:33:51 PM |
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I also experienced the same thing and I do not think many people have that problem. because to see the pontensi of an altcoin is not so easy and besides that there are still many things that need a deeper understanding of an altcoin.
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deevan
Jr. Member
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Activity: 238
Merit: 7
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February 17, 2018, 01:45:01 PM |
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Don't over think about it, every person learns from his mistakes. I know it is very hard for some people HODL due to FUD in the market they end up selling their coin. What can I say at least you sold your coin in profits, not in loss. There are many projects around there invest in good projects and at least hold for 1 year.
Crypto market is unpredictable you can end up in profit or in a loss.
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deadmousehat
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February 17, 2018, 02:11:05 PM |
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I think it's normal for beginner, everyone has made a mistake like that before and learn from that mistakes. You not lose 80k but you miss it.
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castis
Newbie
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Activity: 135
Merit: 0
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February 17, 2018, 02:14:33 PM |
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I think best is to not think of missed opportunities, because there is thousand of them everyday, better to think what to buy and buy it, than to think about past.
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asdlolciterquit
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February 17, 2018, 02:17:00 PM |
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this is not a newbie mistake! A lot of expter trader make the same "error". Think this: a lot of people don't sell enough quickly when the price go down and lost a lot of money..
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sangalangdavid
Full Member
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Activity: 443
Merit: 100
https://streamies.io/
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February 17, 2018, 02:20:36 PM |
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That will serve as a lesson for us to learn. That is the reason why we should not be greedy in selling and just wait for the price to go up again. We learn from our mistake so next time we already know what to do.
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Faeton
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Activity: 308
Merit: 11
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February 17, 2018, 02:23:42 PM |
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In this case, you can not say that you lost your money. Loss of profit is not equal to the damage suffered. This case simply teaches the subtleties of the trader's work. There will still be many such situations, and the main thing is to learn from this the necessary lesson so that in the future we will not repeat the same mistakes. In principle, everyone goes through such situations and even an experienced trader can not always determine how to act in this or that situation.
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cryptoux
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Activity: 186
Merit: 10
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February 17, 2018, 07:34:58 PM |
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Technically you didnt lose $80k but you did lose the opportunity to gain $80k from your trade if you did research because ZCL has upcoming fundamentals that is why it is being pumped from the past days.This is the main reason why i always check both technical and fundamental analysis so i can decide which is the best move for the coin,hold or sell?you should be check thee two factors too so you can be sure for the best move.
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nakamote
Member
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Activity: 210
Merit: 10
WINSTARS - We are changing the face of gambling
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February 17, 2018, 07:40:19 PM |
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No you didnt lose anything but you did lose a good opportunity to gain $80k which if you have checked the upcoming news of your coin im sure you didnt sell that time,fundamentals or news has bigger impact in the market compare to technical analysis or charting,because people are too dumb enough to panic when someothing negative came out,or some positive news came,mostly people doesnt do research that is why these manipulators are using fundamentals.So i hope you learned your lessons,and do not make the same mistake.
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Igromania
Newbie
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Activity: 320
Merit: 0
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February 17, 2018, 07:53:02 PM |
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A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ 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 most important thing is that you have learned a lesson! Next time, you'll be able to earn a lot more.
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xCryptoManiaX
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February 17, 2018, 07:53:10 PM |
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Learn TA, the only way that SOMETIMES you won't lose like this. Trust me, it helps a lot.
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