I lost over 80k because i sold too early (newbie mistake)

[weeklyeth]

Yes, its a general feeling that if the person has lost the opportunity to make such a big amount, then it does feel very sad. Its good that he posted this so some others can be more careful and see if they also can make good profit by studying the market and predicting such an event. Because, its Money people..!! Money.

[hjfjmk]

Many people regret that they have missed higher income for selling too early. Maybe you have learned some experience so that next time you can try to be patient. Selling is because you don't have confidence in it, so there is no regrets. You should try to understand as much as you can while investing.

[anitaraymonds]

Experience is a good teacher you have learned from that mistake and you will make use of the lesson in your future transaction. We all made same mistake but some times the token will go down further and you then feel you have done the right thing.

[hani1929]

that is the risky part in trading you should have to learn first what are the important things in trading. You should do research first about that coin before you sell it early, when you buy a coin you need to check it first if their project has a good future, when that coin is good you should have hold it and wait it to go for the moon. too bad if you lost 80k thats only a part of trading but soon enough you will learn how to trade.

[nitrinto]

you look at it differently. if you had not sold and the price would have fallen - that's when you would have lost.

[TooDumbForBitcoin]

It is impossible to always sell on ATH, but yep it is better to await a top with stop or trailing-stop orders.

[helin9108]

You made a mistake and you realized that and its good thing so that you will not make the mistake again in future but in this case i will advice you that if invest in any coin for good return,  you have to set the target to exit or you have to set your goal when to exit either you want 30-40% return on your investment , if this goal achieve thats it so you should exit .

[Nedrek]

Never sell all 100% of coins you bought at once, sell them at rates of 50/25/25% and often your profit will be much greater.
I sometimes sell only to return the invested amount, and leave the rest for a long time.

[dolcefarniente]

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 could sell your coins with some profit then you have not lost anything. Even a small real profit is better than just a huge imaginable opportunity to earn.

[ngavanngo22]

Lesson learnt .

Don't do that mistake once again and you'll be fine ). Don't blame yourself too much cause it's a normal mistake that everyone also made when they just joined this world for short time. I also had the same mistake when I sold my EMC2 with very low price

[KryptoKai]

It's a tough pill to swallow but it is not just you that sold too early and missed out on a fortune. Imagine all those early miners who sold thousands of bitcoins for peanuts because no-one knew that one day it would be worth $20k. Those people must be kicking themselves!

[Jesabela04]

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..

Losses are part of our journey in trading so we must just deal with it. We can't trade perfectly in trading in the beginning. It is normal to commit mistakes here. That is also the reason why we are asked to be patient because good things come as we wait for the perfect timing.

[thesmallgod]

cryptocurrency trading are not for someone who can not take risk. the price of crypto is very volatile and price movement can be very fast sometime compare to the traditional stock exchange where stock price movement is slow. if you want to trade you need to make up your mind and forget about thinking of losing. I have made similar mistakes a couple of time when I first start to trade. I can remember the day I place a sell order with interest of about 20% but when I wake up the following day. the coin has gone 150% of the price I bought. I feel like killing myself.

[AAlex48]

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..

Such thoughts will pass with time, this is a fantasy, bought on a low sold on high.Often this leads to loss.
You need to do everything in certain percentages, do not sell everything at once, depends on the situation.So everything is fine, you have not lost anything.

[Youngflydude256]

Why feel bad? You selling the coin early means you didn't believe in the coin that it would moon. You never lost anything amigo, next time before you sell a coin, analyse and check if they are about launching a roadmap or hitting a milestone like signing a partnership. These are things that makes a coin to moon

[nicolesalv]

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 normal in crypto world because the prices of cryptocurrency is unpredictable . Sometimes if you don't sell early you will regret, sometimes it's another way around, if you sell early you will regret too. Anyway I think hold is still better than sell right away. Just choose the coins to hold and the coins that you think needs to be sold early.

[ohkkstaaahp]

That is the mistake I have encountered, because of our impatience that we have lost a fair amount of income and you will regret it later. I do not think you will forget them easily.

[Patron92]

Most importantly, to draw the right conclusions from their mistakes. Experience is very important in the field of cryptocurrencies.

[Rrtt]

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..

Part of life here in crypto world buddy. You did lose the opportunity to earn profit for that much but don't worry many opportunities out there waiting to be unfold. Just try not to make the same mistake again.

[Zz]

somebody has to lose money for someone earning money. this is market rule. Prices would not have fallen if nobody had sold it.