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Author Topic: I lost over 80k because i sold too early (newbie mistake)  (Read 4423 times)
jyotianand01
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May 14, 2018, 09:50:57 AM
 #481

This is market and whatever you sell, forget that episode after your sell as this market is volatile and your coin can go to moon or earth. This market gives maximum returns to long term holders those who never sell in panic and hold their coins for a bigger term.


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alkhie01
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May 14, 2018, 09:53:30 AM
 #482

It wasn’t a lost bro, only you didn’t hit the jackpot. I think you just panic that in the next day the price will drop so better to have more patience and hold because that’s the key for a trader. But it’s also good approach to be safe for a starter/newbie because your stil in learning stage. And  for me it’s better to sell it if I already get some profit base on my capital, no need to be too ambitious to hit the jackpot sometimes.
victorski
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May 14, 2018, 09:54:50 AM
 #483

This is so bad! I`m sorry about that, but this for me says even that major super traders sometimes does mistakes.
rltim555
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May 14, 2018, 09:58:13 AM
 #484

My problem is that I am selling too early. Yeaterday i sold MTC token on a small pump and just in 12 hours it made 200% . I consider 2 options to overcome this, firstly you can hold for certain period of time and don't sell it in any case, and secondly- set up take profit orders on target levels
turkoglu23
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May 14, 2018, 09:59:04 AM
 #485

In this case, there is nothing terrible. But you have not lost your money, but on the contrary, you may have increased them. Therefore, rejoice and buy again.
Manhenro
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May 14, 2018, 10:02:32 AM
 #486

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..


You don't have to blame yourself or regret for selling early. The price could have gone the reverse way and you will regret not selling earlier.
Che454010
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May 14, 2018, 10:07:10 AM
 #487

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 mistake all newbies in trades, they don't understand what don't look at daily prices pump-dump, in a long time period hold perspective coins it very profitable
Manhenro
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May 14, 2018, 10:08:27 AM
 #488

When you have large quantity of a coin or a token and you are not certain the direction the market will move, you can always sell in batches. If the price starts dumping, you can buy more, if it keeps going up, you wait till there is a trend reversal.
vinaphonez99
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May 14, 2018, 03:57:53 PM
 #489

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.
phamdong143a
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May 15, 2018, 04:28:02 AM
 #490

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.
ppppph35
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May 15, 2018, 04:30:29 AM
 #491

I don't think you're losing money. You're making less money. The so-called losing money means that the investment is less money, but you don't. I think that when you invest in cryptocurrency, when the coin price reaches your expectations, you can sell half and leave half of the long-term hold.
masterrex
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May 15, 2018, 06:40:41 AM
 #492

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 thats common in Crypto I can relate that too it was ethereum way back 2015-2016 i was sell all my eth at $14  per 1 eth at that time if I Hold it till 2017 it was ATH $1300 thats lots of Money to mention But because I sell earlier all those profit that worth thousands of dollars is gone but it doesnt mean that Ive lost something thats normal sometimes you can make fast decisions that maybe cause you regret later..
kayvie
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May 15, 2018, 07:18:46 AM
 #493

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..
you didnt lose anything, you are just regretting your decision to sell immediately because you are too eager to earn right away, but there is no such thing. so now, you regret what you have just done. but everything is done and you cannot take back everything that happens.
Isaak Brenner
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May 15, 2018, 07:43:24 AM
 #494

First rules of crypto club - Hold it. Second rules of crypto club - Hold every coin.
It's big mistake, crypto can multiply your money, but not for 1-2 weeks, you need to hold it for 6-12 month, may be 1-2 years. If you thnik that coin is good, just hold it, don't sell.
Periodik
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May 15, 2018, 07:52:07 AM
 #495

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..

You are not alone in this kind of experience. And there will be much more crypto fans to undergo such experience. Newbie mistakes are hard to avoid. When I was a newbie I sold coins that are very solid and yet staying low for a while. My excitement was somehow stopped because there was no growth at all. I thought there was only growth in crypto. The end will be full of regrets for many newbies but full of important lessons also.
dado7
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May 15, 2018, 08:00:44 AM
 #496

You can't lose what you didn't have in the first place. It is only the opportunistic loose. It is like with the lottery. If my usual numbers have been drawn, did I lose the jackpot if I hadn't paid for the ticket?
I never track the results when I am not playing. That is the only possible solution. Sometimes you see them by chance, but I don't stress out about it. There is no point.

rommelo24
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May 15, 2018, 08:11:20 AM
 #497

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..
you didnt lose anything, you are just regretting your decision to sell immediately because you are too eager to earn right away, but there is no such thing. so now, you regret what you have just done. but everything is done and you cannot take back everything that happens.

Agree, you are just getting lower than your expectations. This is just a good start next time you will become more wiser in dealing your investments. Do not regret it, else extend your limits.
levvv
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May 15, 2018, 08:45:19 AM
 #498

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..

You are now lost if you not sell your coins yet. Many peoples think they already lossing because their coin price is falling.
As long as you keep holding, there will be a chance you will profit in the future.
But on your case, you sold your coins and you are really loss. My suggestion is you must keep your coins for long term to earn ROI.
bitsmichel
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May 15, 2018, 03:23:15 PM
 #499

We all went through that and that is something what comes in addition with the market when you decide to join it but you did not lose your 80K, that was a missed opportunity. You still got profit from your investment. Just keep trading and getting more experience.

delitte
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May 15, 2018, 03:31:17 PM
 #500

There 2 regrets in this crypto world. Regrets of selling early and regret of holding too much. Whenever we sell our coins, you cannot always expect the price will remain as it was when you sold them. It will either go up to the moon or go back to trash. For me, I'd better regret selling earlier as long as I have profit and was able to use the money than to lose them all.

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