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

[DimaGoGroup]

Sometimes I have same filling, that I could have sell earlier or later and get more profit, or I’m blaming myself that I didn't see that market is in downtrend and now I’m in loss. It’s normal, simply need more practice, more knowledge and more patience.

[tungle471]

Everyone who enters this industry will encounter such a thing. We must accumulate some experience through a large number of transactions. Therefore, I recommend a small amount of investment in the initial investment, which will avoid a greater loss of own property.

[Vision ab]

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

[bbq6]

To invest in the encryption market, we must have enough patience. There are many changes in the encryption market. The market may rise a lot overnight. If we want to get more profits, we must have enough patience.

[redcj7]

Maybe you did not lose anything, but of course you deserve to be disappointed. Maybe you can call it a loss of potential profit.

[kakaword]

Each of us has encountered such a situation. I don't think this is a loss. We cannot predict how much it will increase. This is normal. We need to accumulate more experience. There are more opportunities in the future waiting for you. I believe you can earn more wealth.

[Captainluffy24]

Don't take it that way, I'm sure that when you sold the coin there is already a profit since you won't dump ot unless nothing is earned. On this business, everything changes so sudden so you need to take an actiong when you see a profit. I had an experience where i waited for so long because I see a good promise but then I lost almost everything.

[jjdd2]

I also had the same experience and sold my cryptocurrency too early, which caused me to lose a lot later. Later I learned that investing in the encryption market should require more patience.

[hoanglann0990]

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.

[vanelevaa]

Everyone who enters this industry will encounter such a thing. We must accumulate some experience through a large number of transactions. Therefore, I recommend a small amount of investment in the initial investment, which will avoid a greater loss of own property.

[samyang2x]

For me if ever i receive my coins i will wait the higher rate to sell my coins.because right now the market is in down situation.so my strategy is wait for the market to recover.

[clasifiedads]

Sometimes I have same filling, that I could have sell earlier or later and get more profit, or I’m blaming myself that I didn't see that market is in downtrend and now I’m in loss. It’s normal, simply need more practice, more knowledge and more patience.

You get a filling of that?
Maybe you meant feeling.

I am not trying to lose any money in crypto because an investor can only make the same mistakes along the way.

[vuongappa]

In order to avoid such situations, you need to study technical analysis. On the cryptocurrency, it works in conjunction with fundamental analysis. It is necessary to follow the project and the news.

[mathauyn]

ndeed, it's an extremely normal misstep done by a novice here. I think most of the general population here lost huge cash since they all offer too soon when they are a beginner. In any case, with this experience, you can learn new things that you won't learn in the event that you haven't done it.

[Sithara007]

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.

You are absolutely right. There is no point in wasting your time in thinking about "what if I had held those coins" scenario. This has happened to me as well. I sold half of my Bitcoins in 2015, when the price was only around $200 per coin. Imagine what I could have done with all those coins now.

[camport]

You didn’t have the $80k and I’m assuming you made money still so how can you say you’ve lost a thing. Yes it is unfortunate but these things happen and with time it gets easier to know where the high point is

[nik9990]

this is not a loss but a lost profit. If everyone knew when to sell and buy everything would be rich, so it's just worthwhile gaining experience

[narukami]

Well eveeyvody is at that point i am too i make a lot of mistake when i am still new to the crypto itself but still i got a lot of experience and i know when to sell my token and coin so i cannot make the same mistake again

[dzelenyanskiy]

You are not alone with this problem, I had similar situations. Several times I sold before the price of coins rose many times (a month ago there was such a situation with coins from the project Storiqa), and in other cases I bought coins at an inflated price, which after falling a dozen times. Alas, only he who does nothing does not make mistakes!

[bilyboy]

hat's not the end, you're still a newbie, you shouldn't be blamed, but you have to understand cryptocurrency, and market fluctuation, if you invest you should be expecting huge rewards, which can come to pass if you have patience, HOLD till the price rise