Bitcoin Forum
May 27, 2024, 11:12:10 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 [22] 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 »
  Print  
Author Topic: I lost over 80k because i sold too early (newbie mistake)  (Read 4423 times)
aioc
Hero Member
*****
Offline Offline

Activity: 2912
Merit: 567



View Profile
May 09, 2018, 01:08:20 PM
 #421

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..

So many people or holders with the same issue in the past, people keeps shouting to hold but of course you do not know if you are losing investment or you are soon going to make a profit, don't blame yourself anymore and just move, there's still a lot of opportunities coming your way.

jacquelinecr
Member
**
Offline Offline

Activity: 294
Merit: 19


View Profile
May 09, 2018, 01:12:21 PM
 #422

There might have been 1000 more times when you sold a coin and the price dropped afterwards but you only remember that one and the money you would have if you hadn't chosen to sell. Can you imagine how people who bought bitcoin from the very beginning and just threw out their old laptops feel now? you can't live your life with regret over something there was no way for you to know it would happen.
StevenPop
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile
May 09, 2018, 09:17:02 PM
 #423

I believe at some point all of us in the crypto currency market have made such a mistake by selling coins when we shouldn't have because at that point we did not fully understand the market and the fact that prices can go further up so might just be selling out of fear, what you should do is to learn from this and never repeat the mistake
blizzard31
Member
**
Offline Offline

Activity: 112
Merit: 13


View Profile
May 10, 2018, 05:30:04 AM
 #424

You didn't lose anything because you didn't bought the zclassic when the price soar, it was like you would've won a house and lot but you didn't because you didn't purchase a raffle coupon. It's just a matter of taking risk.
Amuloko
Newbie
*
Offline Offline

Activity: 33
Merit: 0


View Profile
May 10, 2018, 05:38:48 AM
 #425

Well, you haven't lost you just missed a profit. In any market this is normal, no one would be able to buy at the lowest and sell at the top. However, it is important to buy in projects you believe in and hold it for a bit to see good gains 
rosepetals
Full Member
***
Offline Offline

Activity: 650
Merit: 100

Financial aid for users: https://bit.ly/2SMY8gi


View Profile
May 10, 2018, 05:54:47 AM
 #426

I wouldn't worry about it. It's pretty difficult to predict which coins are going to moon anyway. You can just do your research the best you can, and hope that you get lucky. Other than that, as long as you don't lose money, there aren't any wrong decisions.
You 're right mate its hard to predict digital currencies movements,if we want to make sure to have huge profit then monitoring the price every minute would help before trading.Long term holders doesn't make this strategy any sense because most of them hold their coins till it skyrocketed no matter how long it will go.

lzby2000
Full Member
***
Offline Offline

Activity: 379
Merit: 100



View Profile
May 10, 2018, 05:57:38 AM
 #427

This is not an experience of investment failure. I think you have done your own job. The market is unpredictable and we don't know when the coins you sell now can reach a high point. I want to emphasize that we can't sell a coin at the highest price. It is a wrong idea to calculate the loss according to the highest price.

--►Telegram --►Twitter
--►Ann Thread              PIPSCHAIN - HYBRID EXCHANGE
Bringing you fiat & crypto currency in one platform!     --►Whitepaper--► Website 
--►Medium
bitcoinking11
Member
**
Offline Offline

Activity: 378
Merit: 17


View Profile
May 10, 2018, 06:01:13 AM
 #428

When i started trading, i was also newbie, I suffered losses, as i was impatient and I sold early. Many people have suffered losses because they don't have knowledge and information about trading, so it is very important to be well-informed about trading. You can read various blogs and watch videos about trading. You can find plenty of tutorial about trading on Youtube.
Godparticles
Newbie
*
Offline Offline

Activity: 141
Merit: 0


View Profile
May 10, 2018, 06:04:42 AM
 #429

This is an experience everyone has had. We can't predict what price the tokens we invest in will rise to in the future, so we can only earn as much profit from it as possible. This is what our investors need to do most. There is also I believe that investing in this industry is very important for patience.
demitazh
Jr. Member
*
Offline Offline

Activity: 168
Merit: 1

BLOCKCHAIN BASED REIT


View Profile
May 10, 2018, 06:08:56 AM
 #430

if it's a good coin, there's going to be a significant price increase, that's why there's a lot of interest in it so many people buy that coin and make it expensive

GLOBAL REIT:    The 1st ever Blockchain based
Real Estate Investment Trust  〔 http://globalreit.io/ 〕
casternetwork
Member
**
Offline Offline

Activity: 294
Merit: 10

★YoBit.Net★ 1400+ Coins Exchange


View Profile
May 10, 2018, 06:18:49 AM
 #431

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..
Anyone new to the Crypto market will have the same mistakes as you. You may lose 80k today, but later on you will never make the same mistake in the future. You can make more than 80k, good luck

Am I spamming? Report me!
PSL
Member
**
Offline Offline

Activity: 166
Merit: 10


View Profile
May 10, 2018, 06:27:08 AM
 #432

It is necessary to have a steady income - in order not to repeat this error . Different expenses come up all the time, sometimes quite unexpectedly. And here it is important to refrain from selling cryptocurrency, realizing that in a few years these coins will be at very different levels.
KuyaBreezy
Member
**
Offline Offline

Activity: 504
Merit: 10

ONe Social Network.


View Profile
May 10, 2018, 06:27:52 AM
 #433

 we all make mistakes at some point of our lives, It doesn't mean we have to live with these mistakes and always drag them along everywhere we go, we have to learn from them instead and improve our knowledge of the crypto market,  you made a rush decision to sell too soon which is pretty understandable for a newbie,  you had your reasons but at least you have learned a lesson about one of the most important attributes in crypto, Patience. It will make you more money if only you are patient enough

kapalmabur
Sr. Member
****
Offline Offline

Activity: 2002
Merit: 250


View Profile
May 10, 2018, 06:41:49 AM
 #434

Remember sir if we do not follow the correct signal then will not get the info from the coins will rise how many percent because the signal is usually there in the big community so we who become solo traders will always like that, therefore we must be mentally ready at market entry because market conditions are also unpredictable, I'm sure when you sell the coins a small decrease so you are afraid the price will continue to fall and make your profits smaller but the price is rising.
leland orser
Member
**
Offline Offline

Activity: 196
Merit: 10

The Experience Layer of the Decentralized Internet


View Profile
May 10, 2018, 06:43:36 AM
 #435

Even an old hand often makes this mistake. Sad
Because most of the time people are always chagrined, because it's too early to sell tokens.

DAVETUN
Full Member
***
Offline Offline

Activity: 728
Merit: 101

Bitcoin is the currency of this age


View Profile
May 10, 2018, 07:10:56 AM
 #436

This is not a real lose, you just need to be strategic, Next time  ensure you follow the project roadmap and also understand the market trend, the cryptocurrency market is quite volatile at tie Holding might be a wrong decision.
FrankHilk9
Newbie
*
Offline Offline

Activity: 84
Merit: 0


View Profile
May 10, 2018, 07:16:58 AM
 #437

I learnt a lot of lessons from a friend of mine that introduced me to crypto. He got some coins from one of his bounty campaigns. He sold those coins at the ICO price, a month later, the coin eventually moon. The coin he sold for $1500 rose to $5,000. At times it's not good to sell coin too early especially coins with promising future.
4ernuy
Member
**
Offline Offline

Activity: 350
Merit: 10


View Profile WWW
May 10, 2018, 07:22:18 AM
 #438

In such situations, the main thing is not to give up, but to gain valuable experience. Next time, do not succumb to global collapse, keep your coins to the end.

DCC│Distributed Credit Chain
    Empower Credit, Enable Finance   
GithubFacebookMedium ‹‹‹dcc.finance››› RedditTwitterTelegram
weblouartisan
Full Member
***
Offline Offline

Activity: 448
Merit: 100


Lets Go Adab


View Profile
May 10, 2018, 07:24:08 AM
 #439

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 is the reason why you always need to study the market before investing or selling your coins, in order for you to avoid losing a huge amount of profit since there are different people who are not well knowledgeable and that is the reason why the market is dumping its price.

trry98
Newbie
*
Offline Offline

Activity: 82
Merit: 0


View Profile
May 10, 2018, 07:25:02 AM
 #440

Yes, I also made the same mistake. I sold my crypto currency in advance, and after a few days, its price rose wildly. I think there is a need for patience in the encryption market.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 [22] 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!