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Author Topic: I lost over 80k because i sold too early (newbie mistake)  (Read 4423 times)
coynedterm
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February 20, 2018, 12:04:53 PM
 #281

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 can understand very well about this thing because I also faced the same thing with this coin and also in history with few coins by chance .
I bought about 300+ coins of zclassic but sold before the pump of the coin about 1 day before , I think this is type of luck where I lost something different here because I invested that earnings in another coin and now that coin is at dump badly ( ADA coin ) .
Well leave this thing , we should always follow basics of trading that never sold your coin at 0 profit even , and wait until you comes at that price of the coins where you become satisfy with that profit , otherwise leave that money at that place forever like zero $ investment of your money .

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ReshkiN
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February 20, 2018, 12:09:25 PM
 #282

i learned my lesson in the hard way..
And where is the hard way? If you bought $ 160k and sold a few days for 80k and a couple of days later the price became again high. Then it would be a very hard way.
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February 20, 2018, 02:27:28 PM
 #283

you should not regret, because you have not lost your money, and you can not immediately learn the coins)

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February 20, 2018, 11:22:44 PM
 #284

Well sorry you are regretting later but its a lesson to you.You should learn to hold on to low supply coins tightly as they are likely to moon sooner or later and that usually takes patience which you have to develop.

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February 20, 2018, 11:52:53 PM
 #285

I think everyone in the forum have the same mistake with you. I sold 700,000 BTS at $0.005, now the BTS price is $0.25.

So it means I lost about $170,000. Embarrassed
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February 21, 2018, 12:19:00 AM
 #286

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..

For me that is normal to lose money because youbsell it too early, you are a beginner so you definitely do not know what to do but at least you have manage to sell it and make some profit sp in the mext time you encounter that kind of situation you will mever sell that early again because you know what can happen you gain some experience and lesson so you wpmt do it again
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February 21, 2018, 12:41:30 AM
 #287

If you go into the world of crypto-currencies, you must at least 4-5 months minimum for a long time. And if you start falling over your bought coin, then do not rush to sell it quickly and tolerate it. If the choice with your coin was correct and you did not buy the first coin that you got, and you bought a good currency in the trend, then it will definitely grow!

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jashley
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February 21, 2018, 12:45:23 AM
 #288

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..

We've all do mistake especially when we are newbie that's why we've learn ang got some experienced after done on our mistakes that's why on the next time we know what to do to have a plan before trading or buying any altcoins so we can maximize our profit and minimize our losses. Always remember that HODLERS are always the winner. Goodluck.

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metribitcoin
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February 21, 2018, 12:57:00 AM
 #289

That not lost but you miss big profit, i think you have to learn about fundamental analysis and doing long term trading especially for strong fundamental crypto. And every trader include my self was doing the same mistake and from that i can learn more new strategy to maximize profit.
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February 21, 2018, 12:59:17 AM
 #290

Everybody made mistake before just don't act like you lose something you never got before. It is like saying I won the lottery ticket because I thought about the winning numbers before but I bought different numbers
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February 21, 2018, 02:31:20 AM
 #291

my advice to beginners like you, do not panic quickly when you see the price down.
You just need to be patient and wait

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February 21, 2018, 07:45:21 AM
 #292

That doesn't mean you lost. You just didn't get the profit. There are thousands of people whom got BTC for 40 cents and sold at 1 dollar. I think you are going to be just fine Smiley
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February 23, 2018, 05:55:29 PM
 #293

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 bad news is you lost your opportunity of getting $80,000 because you are not a holder and more likely one of the panic sellers, well, we can't blame you because that's your coin and money, you can do what you want.
The good news is - you're learning the lessons.
It's really hard to predict everything in Cryptocurrency market due to it's volatility but we all learn lessons because even we fail or losing Crypto Assets but we are not behind and we are still in advancing as we are heading to the future and while people aren't into Blockchain and Cryptocurrencies - we are still earning them and there are so much chances to get it back because we already did get the lessons in the past.

Lewoll
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February 23, 2018, 05:57:52 PM
 #294

That doesn't mean you lost. You just didn't get the profit. There are thousands of people whom got BTC for 40 cents and sold at 1 dollar. I think you are going to be just fine Smiley

Indeed, well said.
You lost $80,000 of opportunities but there are still to come and you only lost a small portion of your life.
Lessons learned and should not be worst in the next time you  try because you already passed some opportunities and that means $80,000 isn't really for you.
Probably $1M is waiting for you in the end of the line, who knows!!!

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February 23, 2018, 05:59:15 PM
 #295

The way i see it, you have not lost anything, instead gained a valuable lesson, multiplying it manifold by teaching many more by sharing it here, thank you!
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February 23, 2018, 05:59:34 PM
 #296

That is why i always suggest to hold good projects and coins for long term so you can reap the bigger peofits and do not ever regret after selling, just move on.

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February 23, 2018, 06:01:27 PM
 #297

oo this is our common problem:) I sold xmr, eth, etc ltc.. all of them was ok but ZCL was very hard :S
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February 23, 2018, 07:34:10 PM
 #298

One of the most recurring argument of any investor is the regret. Analyzing the issue more carefully, investing occasionally without a well-defined strategy hardly produces satisfaction. Of course we have seen over time, some very strokes of luck... but they are quite sporadic.

Probably, the smartest thing to do is to manage our portfolio with great simplicity, focusing on very risky assets only sporadically with a small part of our capital, perhaps the one received from another investment. You will feel more comfortable with your investments, even to lose everything with high risk hazards.
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February 23, 2018, 07:37:03 PM
 #299

Wow, 80k, that's a lot. I'm very sorry that it happened, but the hope of getting it back always remains, because I've heard a lot of stories about how people earned a lot of money on this business and had time to buy a lot of things for themselves, yet $ 80k is big money
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February 23, 2018, 07:40:24 PM
 #300

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..
80k Undecided bummer dude just learn fro this and don't try to think about it to much remember life is the best teacher a person can have better luck next time
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