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Author Topic: I lost over 80k because i sold too early (newbie mistake)  (Read 4423 times)
Nuwekli
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July 17, 2018, 12:22:05 AM
 #981

I encounter like that in lun,aion and strat from binance when i'm novice here in my contributing like I lose 0.05 btc however I acquire officially here like 0.2 btc in my contributing and I begin just jan 2017 here in crypto so I think better for you to do is contribute just a little to pick up encounter first at that point in the event that you as of now procure or you definitely know how to exchange here at that point begin to put big,I suggest btc,eth,ltc,bnb and bcc in contributing if your novice since you just need to get it at that point hold it and you can't lose in dislike some altcoins here you require just to offer in high like simply pause if the cost is as of now high.
BennyK
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July 17, 2018, 12:28:06 AM
 #982

I believe this is a general lessons to all crypto investors and users to exercise patience with whatever coin they HOLD dear especially with the coins that proves to have much potentials to rise up high on the market.

ryanfromrethink
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July 18, 2018, 05:43:16 AM
 #983

In fact, do not get very upset. Similar errors are found in many, and not only among beginners. We just need to draw the right conclusions and continue to work more efficiently.
IrReAr
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July 18, 2018, 10:02:00 AM
 #984

I think it's wrong to say that you lost that money - $ 80,000. Why? Because you didn't have that money in your wallet or in your Bank account.
Also its difficult to guess what coin will go to the moon.
Hudora
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July 19, 2018, 05:21:41 AM
 #985

In fact, you are not the only one who admits such errors. This situation is common for many newcomers. The main thing is to be able to analyze your mistakes and learn.
AlexAtom
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July 19, 2018, 05:49:47 AM
 #986

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 this is a common mistake for everyone in crypto. We didn't know about our coins if they would mooning later.
For me, cryptocurrency is must be hold for long time. Just see bitcoin, it has increasing far from the initial price with a long time.

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hellyeahent
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July 20, 2018, 04:38:30 AM
 #987

It seems to me that very many make such mistakes at the beginning of their work. This is a normal situation, because it is impossible to accurately predict the future situation.
mh6e
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July 20, 2018, 04:46:48 AM
 #988

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..

Its fine, everyone of us commit mistakes. Important is we learn from our mistakes not to let that happen again. So next time don't get too  excited just observe the market first try to hold a little bit longer. Because crypto is so volatile and price today might fluctuate to 50%-100% next day.
tetyulfania
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July 20, 2018, 04:52:06 AM
 #989

You have holding your asset and keep it until your altcoin have reached to highest price, never sell at lower price because have bad effect for your self and its not good for lossing your money. Never panic when you faced your asset was drop and altcoin have lower price because it usually time to reached at higher price. you have loss your moment when you sale early of your asset but how much earning you earn if you hold few time your asset.
tncbitcoin
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July 20, 2018, 04:56:10 AM
 #990

That is why patience is the key to be able to succeed here on cryptocurrency. A lot of people dump their tokens when the ICO is done and there is dumping happens in the first few weeks and months then after a few months also the price will sky rocketed.
SimonJones
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July 20, 2018, 05:00:32 AM
 #991

You only lose when you sell. Unless there has been a catastrophic change in the project or you have realised that the project is a scam, you should not sell low.






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coly20032003
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July 20, 2018, 05:05:03 AM
 #992

In crypto world, it is so hard to predict whether a coin price will rise or not. It may moon overnight, but it also may become 0 overnight. So sometimes I feel it is a matter of luck. As long as you made money it is not that bad. I am also new to the crypto world and still learning.
Onur_luna
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July 20, 2018, 05:06:36 AM
 #993

Don't worry every trader has very similar experiences.
You aren't alone that miss good chances and dont forget that this market is still very new.
You will have so many similar opportunities in the future.
TraiKH
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July 20, 2018, 05:13:50 AM
 #994

Do not worry and complain about it. The cumulative value for this creates a huge lesson. It is not new mistake. and most traders are encountered. If I could keep NEO, maybe I would be better off. Let the past become your driving force and experience.
Amalker
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July 20, 2018, 05:23:36 AM
 #995

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..
No need to regret the missed profits.  And sometimes it's very hard to hold any tokens and see how other alts is growing, unlike yours alts. And I'm just sure, that 99%, who bought BTC in 2013, couldn't hold it for 2017 pump. Crypto market still give us a very good opportunities for making money.
flowdon
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July 20, 2018, 05:34:23 AM
 #996

that still ok mate if you buy that coin lower the price you sold it. cryptocurrency is an hard to predict when could be the perfect timing. the best part of that still you earn profit even a little, than you lost with your investment. because sometimes you hold coin and you think it will pump more but suddenly it will just drop and you lose with it.

eeeeeew36
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July 20, 2018, 05:43:23 AM
 #997

No one knows the final price of this coin. I personally think it can be sold at a price you have predetermined, and it's great.
Because the volatility of the cryptocurrency is very large, don't complain if you have already profited from it. After all, many people are losing money, and the encryption risk is very high.
Mariahuhu
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July 20, 2018, 05:45:26 AM
 #998

I believe this is a general lessons to all crypto investors and users to exercise patience with whatever coin they HOLD dear especially with the coins that proves to have much potentials to rise up high on the market.
Yes that is right and DYOR is must whenever before trading anything and have a plan always because it will minimize your losses and maximize your profit especially right now that crypto world is still young it is good to HOLD a lot of altcoins that has a big potential in the future.

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bitcoinforus
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July 20, 2018, 05:59:13 AM
 #999

We are all new to this market, making mistakes, learning and doing things differently in the future! But the cryptocurrency market is also changing with us! Next time the same situation will not happen again! We should always analyze the current situation!
Nolimitz84
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July 20, 2018, 05:15:12 PM
 #1000

You made a mistake.I think that You have no excuse.Such errors often occur.But in order to prevent them, you have to have information.There is such an expression-who owns the information-owns everything.Now not to miss the second chance to buy cryptocurrency stellar.I hope this cryptocurrency will be stronger than all the others.



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