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

[mulukey]

some times patient is the key , i too faced smae situation with Iotx. i could have earn 27K USD if i not sold. what to do. we learn lessons. but in other hand too much of holding brings you disaster too.

Bearing in and losing more than that is the scenario at the moment when there are too many collapsed coins along with the cryptocurrency market. I think that in order to be successful in this market it is essential that investors have clear strategies and plans if they do not want the market to control your investment.

[HaywhyJ]

You must have learnt from your mistakes, so next time you won't fall to the same error, though no one is above mistakes, and also learn how to withstand pressure and risks when dealing with cryptocurrency.

[BitcoVast]

It seems we can make as a correction for me as well. because your story can make me realize that we should not rush to sell

[bling-bling]

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.

Just to correct this misinterpretation, you did not lose anything! I'm pretty sure you sold at a higher price after 2 days. So you actually gained profit here. You only missed on the opportunity to earn more because you sold too early.

Two weeks later zclassic mooned and i could make about 80k now.

This is a pity. But you shouldn't drown yourself with this. Instead, be smarter.

i learned my lesson in the hard way..

You certainly did! 😉

[isen]

Never panic and keep your head cold, it's math and there's no room for emotion. Any professional trader will tell you that you should be like a robot.

[RajaCripto]

experience is a very valuable teacher, thank you for sharing your experience here. this will make us a good lesson, that patience is better than in a hurry

[coinholic]

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..

Did you have $80,000 to start with? I bet not! So how can you lose something you didn't have in the first place? You are correct when you said you learned your lesson the hard way. Because the idea of "If only I held on a bit longer, I could have made this much!" will surely taunt you for a long time. Now the only thing you can do here is to deal with it and just move on.

[kolsernik]

I'm sorry for You of course.But why did you buy to sell in 2 days.I'm sorry, that's absurd. Usually buy coins because they see some value.Therefore, such purchases are made for the long term.A lesson for a lifetime

[parlerm]

You're not lost anything. Just miss your opportunity to get profit. It's normal, many people doing that. I suggest to hold your money first and monitor its progress.

[adjk7]

Yes, the encryption market is very diverse. We do not know when it is the right time to sell. We do not know when it is the right investment time. Therefore, we must have enough patience in the encryption market.

[Eranoba02]

That's a great lost I think that mistake must have been corrected

[slaman29]

Trust me, it isn't just newbies who make this mistake. Even the so-called veterans of the industry are still prone to panic and ill discipline. Anyone who entered the market in 2016 thought they were patient and rewarded in late 2017, but if they held on to Feb or March it would have been tempting to buy up even more. A lot of people bought with 100% of their portfolio into alts and didn't put stop losses. Must be crying right now. And they're not newbies.

[Businesscase]

You need to remember one thing. You can't earn all money. It's almost impossible to buy on deep and sell on top. So if you are in small profit - means you are in Profit. And it's better than nothing or to be in loss…

[Vladique]

In fact, nothing terrible has happened, you will still have time to earn and you will definitely be lucky. There is also the situation when you leave a coin, but it falls very heavily in the price

[hoomg]

This is something we cannot control. We do not know when it will be the best time to sell. I think the only thing we can do is to maintain more patience.

[ztto]

I have lost alot of possibilities to earn me some good amount of fiat because I was in a strong hodl mentality sometimes  i think about it . If I made the right decision not to sell or if I screwed up I could have right now around 1,000,000 usd if I would have sold  all my coins 5 months ago  whene they were all high now probably around 50k  , there is nothing else I can do but keep hodling and hope for better times . You never loose until you sell

[lucianlee12]

Sell or not sell? This is always a question of regret in the crypto market. It is important to sell at low prices and you can sell at high prices, that is a success, do not regret the past.

[simapple]

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..

Never worry about lost profits. Nothing can change, so relax and look for another promising coins.

[xjcjf]

Everyone has the same experience with you. I don't think it's a loss. It's just that you make less money. No one can sell at the highest point. We can only get as much money as possible. It takes us enough. Understand the market and make the most accurate judgment.

[ngocson1923]

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.