Louis21
Copper Member
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Merit: 0
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October 04, 2018, 03:10:29 PM |
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I think you are not the only that have experienced this before, I have done so and many people in the industry have also did so. The most important thing is how many times we individually experienced it.
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Holla123
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October 04, 2018, 03:18:24 PM |
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So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.
What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing. How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?
You cannot expect always to sell the top and to buy at the lowest price. Bitcoin Cash hm not my cup of tea but surely something I would expect to be around for some time into the future. Many things looking dirt cheap right now. Spread out enough. Buy into like 10 different projects after doing your research and then just give it some time. In the meantime keep learning. Blockchain as a topic will only be getting bigger.
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Bakugan
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Activity: 260
Merit: 28
Look ARROUND!
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October 04, 2018, 03:25:01 PM |
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So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.
What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing. How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?
This bad sell of yours will make you realize that patience is needed in this kind of situation. The price is very unstable and we need to be very wise in every decision we make. I hope you learn from your mistakes. As of now I suggest to you to set your goal next time and then try to make it right.
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NewBet
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October 09, 2018, 01:28:24 PM |
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After a bad sell there is nothing more you can do than to actually learn from your mistake and make sure that something like that does not happen again. One thing that is constant among all investors is that at some point we are all going to make some kind of mistake that we are going to regret. We can only dwell on it for a short time and then make sure that the same mistake does not happen agan
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Isay_Gonzales
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Activity: 154
Merit: 10
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October 09, 2018, 01:32:43 PM |
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I believe that all this comes with time and experience. I am sure that you can not earn a newbie if he has no experience. It is simply impossible or lucky. And at the expense of Bitcoin, it will always grow.
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organelles
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Activity: 350
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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October 17, 2018, 10:48:07 AM |
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After a bad sell the best thing for you is to take a step back, look at the market, look at the sell you made and then try to figure out ways to avoid ever making such a mistake again. The truth is that there is no way for anyone to predict the prices so there is no way for you to tell the best time to sell but you should always learn from your mistakes
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﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏ ☆═══━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═══☆ ≈ WORLD POWER PRODUCTION ≈ █ █ █
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HabiebRiziq
Sr. Member
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Activity: 966
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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October 17, 2018, 02:28:08 PM |
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So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.
What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing. How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?
I also felt the same way, selling it when the price began to rise and soon the prices soared higher. I think it's better to hold back when you see prices starting to rise and not to rush to sell them. So, make it an experience and at least we don't get a loss but get a profit even if it's not at the highest price.
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Sri rahayu
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October 17, 2018, 02:51:16 PM |
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That is not a bad time to sell, because you still get a little profit though, bad decisions in my opinion when my assets are reduced, i panic to sell them, and my advice, you must always get the latest information about what tokens you have, with you know the latest news, you can find out which tokens you hold will go up or down, and make your best decision.
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Psalms23
Full Member
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Activity: 546
Merit: 105
#SWGT PRE-SALE IS LIVE
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October 17, 2018, 02:53:59 PM |
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I only sell my coins if I really needed money, so anything happening after that I will have no regret at all. This have happened to me a lot of times, and I used to regret about it but now Im already used to it. We cant really know about the prices.
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Underw00d
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Activity: 350
Merit: 10
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October 17, 2018, 03:01:10 PM |
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This happens often. Even more often than you want. You must accept this fact. It's like a bank ... Some Banks go bankrupt too
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Nivelir
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October 17, 2018, 03:03:27 PM |
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This happens and I would not get upset about it, because this is a normal situation because people very often make mistakes because panic and lack of patience kill a deposit, these are proven facts.
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iram1011
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October 17, 2018, 03:05:29 PM |
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So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.
What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing. How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?
You can never always sell at the ATH. Look at the prices now, I think you must be happy that you exited still at the better time. What actually happens in that in expectation of chasing the ATH, people incur loss instead because after ATH, a dump will follow. Never regret leaving before the ATH. Hardly people can time the ATH. It isn't even easy for the best of the traders. They always exit a bit before ATH.
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ashaksagnis
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October 17, 2018, 03:11:13 PM |
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it happened to me few times (sold MTC tokens at very low price) . After that, I try to understand my decision - why i sold . I think that each of us made a mistake like this. It can not be avoided, it's a crypto routine.
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drmasa
Member
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Activity: 270
Merit: 10
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October 17, 2018, 03:16:48 PM |
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I never sell out some coin completely. When I need some money badly I sell few % of various coins that I have. But I think that I never sold more than 80% of single coin, even if I gave up totally on it even if I think its a scam. That small % that I leave wouldn't make me any difference if I sell it, and would make great difference if coins have huge growth through years like btc or eth!
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KingOfWinterfell01
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October 17, 2018, 03:18:04 PM |
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So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.
What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing. How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?
Sell partially. Never sell everything of your holdings because the price might spike so at least you're ready when it happens and when it does, sell some of your holdings again. If the price declines, however, then hold for as long as you can until the price spikes again.
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tranle1267
Jr. Member
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Activity: 182
Merit: 1
Looking to the future and control myself
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October 17, 2018, 03:27:38 PM |
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i think you should sell a part of your token that you have, that will make you dont have this situation, sometime it base on your lucky day. you should spend a little time to find out the market and some knowledge about crypto, it will help you limit that situation.
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Mashadarty1
Member
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Activity: 309
Merit: 10
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October 18, 2018, 08:22:27 PM |
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I can say that you shouldn't blame yourself, because it's really hard to predict prices in crypto world. Also you should've sell part of it
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sanasara
Jr. Member
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Activity: 196
Merit: 1
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October 22, 2018, 01:41:50 AM |
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I think something is better then nothing so if u gain any ratio of profit then it's not bad yes ofcourse we feel bad after so much wait we sold and then price start booming but it is a part of crypto business so don't worry about this atleast u have safed yourself by loss.
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reality18
Member
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Activity: 938
Merit: 14
Earn more with Earn Network
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October 22, 2018, 02:09:34 AM |
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It seems almost every crypto user or investor has encountered such fate of selling a valuable coin for cheap. This is largely due to impatience and fear especially when the market begins to go down right after an investment is made. I believe we've all learnt our lessons because there is no point in panicking, the market always recover.
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Siren
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October 22, 2018, 02:46:58 AM |
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So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.
What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing. How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?
First all you need to do is move on,because you cant never back time so accept the reality But this is the right example on how we must keep manageable our Patience in regards to our holding coins,because we dont know what will be the value for the next days Always explore forum because from here you can find tips on what will happen to the future of each coins,and analyzation so you wont commit mistakes again
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