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Author Topic: I lost over 80k because i sold too early (newbie mistake)  (Read 4423 times)
flowdon
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July 05, 2018, 09:09:07 AM
 #921

its an normal mistakes mate, sometime you are keep on holding some coins and thinking it will pump but going down and down, sometimes you sell your coin you think that the price is ok but it will pump to the moon. my advice is try to do some research about your holdings first before you let them go.

Fedor2018
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July 05, 2018, 06:12:31 PM
 #922

Any experience, even a bad one, is an experience . next time, you'll be smarter and more patient . You've learned a good lesson . In addition, many have made this mistake more than once

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phsan12888
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July 06, 2018, 07:24:11 AM
 #923

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.
vihang200
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July 06, 2018, 09:06:26 AM
 #924

It's alright, we learned from our mistakes. We just need to make sure that next time we won't be doing the same mistakes again. As we grow older we are becoming wiser so lets continue to read more and study more on crypto currency.
enawati
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July 06, 2018, 09:16:04 AM
 #925

Yes is hard to predict when crypto will moon, so avoid sell early i think use trailling stop in every trade is important, and always increasing the trailling stop area in each the price move going up, so by this way we have protection for profit and we will not miss more big profit.

cryptocurrentdan
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July 06, 2018, 09:17:36 AM
 #926

I'd rather hold too long than cash out early like this.

And definitely only cash out when the gains are significant m
Odonko
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July 06, 2018, 11:04:41 AM
 #927

It is very good that you have realized your own mistake that way you will never forget and one more thing that i will like to add to it is that anytime you see the market go down the best thing to do is to sit tight or invest more. Trust me if you stick to this simple principle that i have given you the rest of your days in crypto investment will be incredible. We've all been there before when we used to engage in panic sales well not anymore partner. HODL till u see market peak to the moon!!!

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ad8z77777711
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July 06, 2018, 04:45:34 PM
 #928

Already many experienced people suggest that we hold coins, because when they are in the failures, the only option that we have is kept as long as possible until we make a profit.
blackblue986
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July 07, 2018, 03:03:20 AM
 #929

I sold too early, but you don't have to worry about it because it could have been different. You should be glad that you have already been able to earn and not look at the lost profit
curnez88888
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July 07, 2018, 02:59:56 PM
 #930

I have also had similar experience with some coins i bought. I sold too early and right in my presence, these coins were mooning. I could not buy back,because i knew i would not have enough coins i had initially. I also learnt a big lesson here.
Vilka0109
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July 07, 2018, 03:59:19 PM
 #931

Many have gone through this experience , but it's a good lesson in the future - wait patiently , not sell your coins quickly . No need to drain at the first opportunity, as profit while waiting can make you much happier
Abugbilla
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July 07, 2018, 04:04:00 PM
 #932

I think the topic is a bit far from what am seeing. The senario you gave doesnt indicate that you lost any money. You bought some coins and sold it and had your money back.As simple as that.Maybe you should say that you lost an opportunity to make 80K.
TheMeritedOne
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July 07, 2018, 04:07:51 PM
 #933

Don't think.of.it and regret .Consider it as a profit booked and make a startegy for your future like sell a part of it to book profit and take the initial investment out and keep the rest.
Malbaunti
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July 07, 2018, 04:17:01 PM
 #934

Another topic about greed. It would be a pity if you bought ZClassic, and he went down and you lost money.  The fact that you have not bought bitcoin 5 years ago you also regret? No need to regret the loss of profit.
alice.smith38
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July 08, 2018, 03:46:09 AM
 #935

That'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, i.e to HOLD till the price rise.
Piranha1
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July 08, 2018, 03:54:21 AM
 #936

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 dont think you lose, i think you lose your profit but not your capital. This is the way it is with crypto we have to move forward and learn from it. The positive approach will be of much help.
stephanie9428s
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July 08, 2018, 02:13:47 PM
 #937

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.
tanjiran
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July 08, 2018, 02:29:39 PM
 #938

I've also experienced it like that. I think almost everyone is experiencing it. we should not be greedy, regardless of what we get that is our livelihood. make the experience worthwhile.

pholenden.145
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July 09, 2018, 03:56:14 PM
 #939

It's normal or abnormal, anyway you choose to call it but there is one thing you need to know alot of smarter people has lost much as well,  but you have to move on and learn more. Get the proper information that will prevent such loss and move on.
vidiep100100
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July 10, 2018, 01:35:49 PM
 #940

you miss your opportunity to gain more and that's a common mistakes of all newbies here, that's why after receiving some token from airdrops or bounty or buying it is better to hold them for a longer period of time first before selling since price may change.
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