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Author Topic: I lost over 80k because i sold too early (newbie mistake)  (Read 4423 times)
Terra_Anon
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August 08, 2018, 10:27:36 AM
 #1121

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..

This only appeared to be a mistake since the price spiked. Had it been something different or it went the negative way. You would say you did a good job. Bitcoin is at $6,535.00 right now. If you check it last month it even went as high as $8,100.00. The fact that you still gained money is still on the positive side.
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regnidorhcs
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August 08, 2018, 10:53:50 AM
 #1122

All I can say is that, it happens to the best of us, not just to newbies, so it is okay to feel bad but don't let it get the best of you. Lesson learned, accept it and move on. My suggestion is that stop thinking or what could have been, or what if after taking some actions, stop counting the things you didn't get, just focus on what is in your hand and the blessings that you have right now.

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stepanova
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August 08, 2018, 10:56:29 AM
 #1123

It is sad to hear about your loss. I think that you can learn from this mistake and hold current holdings for longer.
okaypool
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August 08, 2018, 10:57:11 AM
 #1124

I did not invest in this coin, however I remember that later the price fell to the very bottom, or I'm wrong. Well, in general, it does not matter, you always need to be satisfied with what you have. After all, you could have lost everything altogether
Prosperityforall
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August 08, 2018, 11:05:48 AM
 #1125

Seems weird you're telling us about this potential profit. I can count plenty of cases where I didn't sell on pick and how much I lost, but to be honest it is not real loss.
Q1Z7Y
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August 08, 2018, 11:17:08 AM
 #1126

This you will never guess, unfortunately! He could just as easily fall in price, then you would suffer a loss. Rejoice in what you earned in fact!
kateycoin
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August 08, 2018, 11:20:11 AM
 #1127

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 can blame you because all of us have mistake but always lesson learn to that mistake and always have a patience it comes to crypto because crypto is volatile you never know if you will be lucky or not. And always think many times before you sold your coins.

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August 08, 2018, 01:20:37 PM
 #1128

I had the same. I recomended to buy HT Huobi token, all my friends bought it and made x4. But I didn't have free bitcoin to buy it. I drunk a week. But it is a very good lesson for me and now I didn't make the same mistakes
NewBet
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August 09, 2018, 11:54:16 AM
 #1129

I think a lot of us made this mistake when we first started out, never knowing the right time to sell which means that we were always missing the best opportunity and selling at all of the wrong times. The best thing that we can do is to learn from the mistakes that we have made in the beginning and hope others can learn from it too. Patience is key.
asongkind
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August 09, 2018, 02:17:50 PM
 #1130

Allow yourself to have some longterm holds by following one simple rule: never sell all of your bag. Sell most, but always leave some to hold for the long term.
Mrsparks
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August 09, 2018, 02:46:14 PM
 #1131

Hummm.what if the price had dumped massively after u purchased the zclassic? In my own opinion u didn't make any loss provided u didn't sell bellow your buying price..

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Stormspirit
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August 10, 2018, 08:13:14 AM
 #1132

That's one of the risks of crypto, we must be prepared to be ready to lose, not just preparing for profit. You do not lose a lot, at least you do not lose your money but only missed the opportunity to get a bigger profit. Let's learn from experience, hopefully in the future we don't miss the opportunity to get even greater profits.
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August 10, 2018, 08:51:36 AM
Last edit: August 12, 2018, 09:21:26 AM by allanr
 #1133

nothing to lose for what you do,
you're just too early to sell ...
you just don't get more profit ...
everyone has ever been like you, I've also been like that lol
a lesson for you to be more patient to read the market situation  Kiss
maybe now you can allocate your funds by buying bitcoin, the price is down now..
I'm sure a few months ahead prices will rise high
hungsanh2512
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August 10, 2018, 05:22:55 PM
 #1134

You can not know in advance how will coin go in the future ? Either develop or lose everything, I think when you sell that price, it is also good for you. If it does not go away, I think you will have more headache .
Best Coin8
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August 10, 2018, 05:26:07 PM
 #1135

I believe that one should never rush to sell coins. I always advise you to wait before selling and analyzing the market well.
Camster
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August 10, 2018, 05:33:34 PM
 #1136

I suffered the same huge potential losses with EBTC.  I sold it as soon as it popped.  The issue is it popped up 15 more Bitcoin profit after I sold.  I felt sick about it for a while but then got back to trading and made some decent gains.  Very hard one to swallow. 
ozgurk
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August 10, 2018, 05:41:44 PM
 #1137

You are not lost dude. This is very risky market and you have to decide sometimes, you can buy or sell, you have to find best time for you and than you do not look again.

rahul10948
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August 10, 2018, 05:51:11 PM
 #1138

Yeah noob mistake because you didnt lost anything, you just missed the pump because your hands are too weak and you sell too early that's why you didnt make much profit then you should do. The only way to never miss the pump is too hodl forever and never sell your bag again, this way you will alway in the winning team since you will never a single pump but you will never get your profit. Selling is not alway a bad decision. So better try next time
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August 10, 2018, 06:15:40 PM
 #1139

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..
at least you know what you have to do next time, I witnessed a lot of situations like this before, and it happen even on me. but dont regret your decision, as long as you have earned enough profit, it's still good than losing your money.

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GoodHounter
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August 10, 2018, 06:16:54 PM
 #1140

we all make such mistakes. it is impossible to predict whether the price will rise or fall tomorrow.
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