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Author Topic: I lost over 80k because i sold too early (newbie mistake)  (Read 4423 times)
cryptomanspbmgdn
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May 09, 2018, 07:02:15 AM
 #381

there is such wisdom: "until you've lost didn't make a mistake, you never learned".and in your case you have learned and now very knowledgeable
txfidk
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May 09, 2018, 07:06:45 AM
 #382

I think everyone makes mistakes. it is impossible to predict when there will be a maximum price to sell.
happypencil
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May 09, 2018, 07:09:06 AM
 #383

i think you didn't lose money,but  have lost the opportunity to make more money ,it's normal story in our life .going on don't happen again . 
Flamebellow
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May 09, 2018, 07:23:03 AM
 #384

I think everyone make the same mistake at least once in their life . But the decent amount you lose is an example of why newbie trader have to trade with small amounts first , because you have to earn trading experience in order to become a sucessful trader . Everyone making mistakes , but it will be less stressful to lose 80 bucks instead of 80k  ...

onetwostep
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May 09, 2018, 07:24:57 AM
 #385

You would not have expected that price would go up that much, nobody knows. If people make an investment, they can change or sell it if they make a profit. You did so, there is no mistake here Smiley

Clearstream
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May 09, 2018, 07:40:01 AM
 #386

i have some lessons similar to yours . in January last year , i bought some eth for $11 . its price dropped from 51 dollars to 45 dollars in April last year . i sold all my eth . its price was once close to 1400 dollars . huge loss . now i choose long-term investment .
cris ronaldo
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May 09, 2018, 07:41:16 AM
 #387

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.
geyayy
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May 09, 2018, 07:46:18 AM
 #388

You did not lose anything, you simply missed your chance to earn. Its a good thing for you to learn from your own experience which will bring improvement to your patience and trading skilss. Don't settle yourself because of this event you should continue and be active in trading and learn to control yourself or discipline yourself when to hit that sell button for your maximum profit.

kicauklaten
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May 09, 2018, 08:07:15 AM
 #389

It's pretty good, if learning it already gives the great lesson of course. the thing to remember is don't be too hasty. see the first existing market conditions. If s is getting a big profit, then sell the new course. don't just get a little bit fortunately directly quickly took off.

rahul7timt
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May 09, 2018, 08:18:38 AM
 #390

you should never think this way otherwise you will always think that you are in loss. as you never know the best selling and best buying time.
i have one suggestion that i use for me , may be that is workable for you...

when price are increasing of you invested coin, you need to take out the investment first later you can plan exit by selling 20 % at each hike or if you wan hodl you can hodl it after taking out your investment.

i hope you understand Smiley
SeXy
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May 09, 2018, 08:20:17 AM
 #391

Experience is the best teacher but it is very expensive, so you paid 80,000 for understanding this lesson  Cheesy Cheesy
Gotomoon
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May 09, 2018, 08:30:41 AM
 #392

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.
When in lose at the very first time always serves it as a lessons. Experience makes you knowledgeable to do it right the next time you will do trading. Yes always look for the good and best project to invest.
UAE Seasider
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May 09, 2018, 08:37:28 AM
 #393

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..

Another lesson to be learned is that you didn't lose anything. By the sounds of it you did make a profit, and that what you actually did was miss out on making a bigger profit by sitting still.

A good strategy is to cover your initial investment in a coin and leave the rest running just in case.

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Rostock
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May 09, 2018, 08:42:36 AM
 #394

I can understand that. It's a shame, but there's nothing you can do. Personally I think that is worth to invest in several coins, as least 5, and wait. To wait quite a long time.

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sateyaam
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May 09, 2018, 08:50:18 AM
 #395

be patient my friends, what you experienced the same as I experienced before, we never know what will happen, but we can be matured based on the experience we experience,
many paths to Rome and many avenues for success,
keep my friend's spirit
sadwage
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May 09, 2018, 08:53:02 AM
 #396

take the risk actually that is your decision to sell your coins earlier you didn't believe that your coins got a big price value so you lost it but you learned a lesson so next time you must research about your token.
paulscathedral
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May 09, 2018, 09:31:02 AM
 #397

Personally I sell the only shitcoins which has no future. Here it is necessary to analyze the project and to experience its possible potential. HODL is our bread! Psychology of lost profits is very depressing. Be reasonable!
The Alchemlst
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May 09, 2018, 09:38:09 AM
 #398

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.

True, he maybe lost an opportunity but he never lost any value at all from his/her investments. No one could even predicted that it will moon at that time and it is still much better than selling it after the market crashes so he still did a good move for his/her investments though it turned out to be not the best.

shvetseu
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May 09, 2018, 10:07:03 AM
 #399

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 happens. I had many similar situations when I missed a lot of profit for fear and lack of patience.
rohican
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May 09, 2018, 11:11:13 AM
 #400

Actually you can not claim a loss because when you sell it, it is no longer your right. But of course you can learn from your mistakes and maybe your story can inspire others to be a little more patient in the current situation.
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