blozo
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March 21, 2018, 11:04:42 AM |
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Sunday (18MAR) was a really good entry point for several coins (ETH was down at 450$ for example)
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ujinice
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Activity: 574
Merit: 15
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March 21, 2018, 11:27:41 AM |
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You acted like a real newbie, all newcomers at the entrance to the market buy higher and immediately sell as soon as the price starts to fall.
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micher143
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March 21, 2018, 11:43:04 AM |
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Last 2 days I bought for about some cheap coins and it went down for about 5% or something and I decided to sell. And now, I am at full regret that all of those coins are now up for about 20%. My lesson for that is to be patient since the market was down for some day and it will always go back up.
Volatility in the market is just how the system flow and the small percentage that you'd said which is 5% decrease and the 20% increase is actually just a normal flow of it's fluctuations. In this field we need to be much wiser , smarter and has a better strategy for us to be able to make a good decisions making.It is true that regret is always in the end, therefore we need to be careful in our decision. Think many times before we act. Always remember patience is always key to success.
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Severniti
Newbie
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Activity: 31
Merit: 0
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March 21, 2018, 11:55:19 AM |
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Just let emotions go somehow. I'm not an experienced trader and I'm not buying and selling frequently, rather holding until I get my profit out. Actually, I think I never sold anything at lost, even I could buy something else and profit. I prefer holding because it is easier and safer option for me.
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iciraku
Newbie
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Activity: 32
Merit: 0
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March 21, 2018, 12:04:43 PM |
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all because of anxiety, understand what factors influence the price movement of coins global
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Jarx
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March 21, 2018, 12:08:01 PM |
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You acted like a real newbie, all newcomers at the entrance to the market buy higher and immediately sell as soon as the price starts to fall.
Does they? Some of them also like to buy useless coin and hold it for a long period, then come on that forum and whine that holding sucks and they earned nothing.
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Andruha1993
Jr. Member
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Activity: 1008
Merit: 1
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March 21, 2018, 04:05:47 PM |
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Last 2 days I bought for about some cheap coins and it went down for about 5% or something and I decided to sell. And now, I am at full regret that all of those coins are now up for about 20%. My lesson for that is to be patient since the market was down for some day and it will always go back up.
Just a couple of months ago I just did the same as you did, bought and saw as the price fell, I immediately had a panic and I started selling everything. Now I realized that this market is too unstable. And you need to be always more patient.
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Kurokyy
Full Member
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Activity: 448
Merit: 100
LETS GO ADAB
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March 21, 2018, 04:09:39 PM |
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Last 2 days I bought for about some cheap coins and it went down for about 5% or something and I decided to sell. And now, I am at full regret that all of those coins are now up for about 20%. My lesson for that is to be patient since the market was down for some day and it will always go back up.
I hope you already learned from your mistakes by selling your coins quickly just because the value decrease. 5% changes is just a small changes compared to the dip before so i think its just normal. And this is the golden rule in crypto currency investment and trading, be patient, dont panic and HODL!.
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lukmandog
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March 21, 2018, 04:40:28 PM |
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Last 2 days I bought for about some cheap coins and it went down for about 5% or something and I decided to sell. And now, I am at full regret that all of those coins are now up for about 20%. My lesson for that is to be patient since the market was down for some day and it will always go back up.
that is what traders call panic sell. it's a bad attitude being traders. Patience is number one rules in trading, if not, regret is number one result, probably. you should learn fluctuation and portofolio of coins' price, then you'll find that risk is a normal thing in trading that you have to accept.
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dongyi17
Full Member
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Activity: 616
Merit: 100
FRX: Ferocious Alpha
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March 21, 2018, 05:01:10 PM |
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In order not to regret for something we loss because of our own impatient better hold it still and wait so that when the price increase again the more profit you will have, ..have faith.. don't be deceived by what you see and hear about bitcoin price.. always stay positive and wait for right timing.
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ukw
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March 21, 2018, 05:30:03 PM |
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Last 2 days I bought for about some cheap coins and it went down for about 5% or something and I decided to sell. And now, I am at full regret that all of those coins are now up for about 20%. My lesson for that is to be patient since the market was down for some day and it will always go back up.
This is a very important thing as you have already learned from experience. To be patient, not panic, and maybe if you invest in some of the coins you trust, and you think it will jump x3, x5 or x10 do not watch the market every day and every hour.
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Marvell1
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Merit: 1136
Leading Crypto Sports Betting & Casino Platform
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March 21, 2018, 06:26:11 PM |
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You acted like a real newbie, all newcomers at the entrance to the market buy higher and immediately sell as soon as the price starts to fall.
Yes, this is the main problem for beginners. They don't trust crypto and therefore commit rash acts. But if you have experience, you will understand the full power of the crypto industry. You will become calm and patient, because you will know that crypto is at the global up-trend.
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Zverek
Newbie
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Activity: 196
Merit: 0
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March 21, 2018, 06:45:27 PM |
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That's right, if you're trading, then you should definitely use stop loss, if you're still buying coins for a long time, then determine for yourself the price you want to make, set an alert and not monitor the market! otherwise you will remain just without nerves and besides without money because at some point your nerves will be handed over and you want to return though any part of the money, but after that the market will surely turn around.....
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weborsha
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Activity: 560
Merit: 11
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March 21, 2018, 08:15:47 PM |
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This is a typical market situation. You cannot aern every time. /as well as in everyday life we make wrong decidions in our crypto related activities and it is okay until you can handle it.
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cryptonero
Member
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Activity: 210
Merit: 12
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March 21, 2018, 08:56:48 PM |
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Of course you should be waiting for the market to recover,do not panic sell because it wont give you any good.Weak hands will always fall,strong holders will always have good profits remember this ,patience is a virtue cryptocurrencies are going to be volatile so you need to hold longer,be patient and enjoy profits.
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Jalum
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March 21, 2018, 09:04:30 PM |
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This is a typical market situation. You cannot aern every time. /as well as in everyday life we make wrong decidions in our crypto related activities and it is okay until you can handle it.
Yup, this is a normal reaction to things going in a certain direction. Don't worry, you could get a huge paycheck if you hold.
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singpolyma
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March 21, 2018, 09:33:09 PM |
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Do not worry so much, because I'm sure that literally every trader has such decisions, which he regrets. Here you can not foresee everything.
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ipanks
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March 22, 2018, 02:30:13 AM |
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This is a typical market situation. You cannot aern every time. /as well as in everyday life we make wrong decidions in our crypto related activities and it is okay until you can handle it.
Yup, this is a normal reaction to things going in a certain direction. Don't worry, you could get a huge paycheck if you hold. we have a difficult situation in a few months ago because the market cannot be predicted and sometimes we have a mistake in makes analysis so we cannot make a profit. but for now, I think in a few next weeks we can see that the market will increase again and we can sell our coin so we can make a profit again. and in this situations, it is better to be patient for a while and only sell if you are sure that you don't lose too much and don't make a fast selling, just try to make analysis first.
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Panteleymon
Member
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Activity: 262
Merit: 10
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March 22, 2018, 10:37:31 AM |
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Unfortunately this is a very ordinary case. It's not even in the coin itself, but in expectations. When our expectations turn out to be quite different, then regret comes. And if the matter concerns also the financial side, then our regrets are supplemented with regrets about the loss. Even if this loss is small, our brain will still scroll the script from time to time in the hope that something will change. Playing the coin courses, you need to be ready to lose. Someone is easier to this, someone is more difficult. Therefore, you need to temper yourself psychologically and emotionally, if you are going to continue to play on the course. Do not get killed every time because of the loss. It is better to keep your nerves.
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batang_bitcoin
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March 22, 2018, 11:22:49 AM |
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Last 2 days I bought for about some cheap coins and it went down for about 5% or something and I decided to sell. And now, I am at full regret that all of those coins are now up for about 20%. My lesson for that is to be patient since the market was down for some day and it will always go back up.
At least you've learned the lesson that you should wait and don't sell whenever you are still at loss. That's not the best decision that you can make if you are not gaining after buying that coin. What's the reason why you are even trading if you are going to sell at loss? You better not buy or don't trust any of the coins if you will have this mindset. And I'm sure now that you've learned a lot from that mistake, we are all going through with the same experience and it's the best teacher.
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