panghae
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April 26, 2018, 11:11:25 PM |
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What do you do in such situations?
Just moveon,these things are normally happening to most of us which is why we dont have any exact timing even those technical and fundamental analysis might not be accurate remember how the market is too manipulated right now,financial institutions are getting more stronger than the ever before,it these situations i a m going to relax a bit.
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shaadsufi
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April 26, 2018, 11:13:00 PM |
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The market is in a bull trend right now and one by one most of the coins are going up so it is always recommended that before selling your coin first check the trend of the market if its bull then waits for your coin to enter that bull run before selling otherwise you will always regret like this.
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Ferry22
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April 26, 2018, 11:15:38 PM |
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I also often do as you do, just sell coins in low price but after that price up high. and can only regret hence. this might be a lesson for me, that I have to be patient again in a trade crypto when faced this situation. friend I never said to me, if trading we should not be feverishly and irritability, should keep patient and do not easy to panic.
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abduljacklu
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April 26, 2018, 11:18:15 PM |
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Move on bro,because those cant be reverse,when it is not yours it wont get into your hands,which is why we need to be so sure with every trades that we made,because it might be the reason why most of your investments could lose because you are getting FOMO from time to time.You shouldnt be doing panicking at all.
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BennyK
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April 26, 2018, 11:20:06 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?
Setting a goal for every token you have in possession is very smart and guides you. Every token was attained or purchased at a certain price and wish to be sold at a certain higher price in order to make profit. Once you set a goal which suits your profit interest, you are guided by it and will never have to sell irrespective of the market fluctuations. Once the market price hits your goal price, you sell with much enthusiasm without having to worry about whether the price will go up again or down.
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AlisaWhishie
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April 26, 2018, 11:37:34 PM |
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Don't chase big profits, they are not your main goal, but constant profits are. It's already great that you haven't lost anything - except of a potential profit. I've just experienced the opposite - I've bought Bitcoin Cash several days ago when the price was high (I was sure it would get much higher), but on the next day I've seen it crashed significantly (-16%), so that's the problem, and your situation is not. Well, by the way, I'll just hold BCH at least until its hardfork that will happen in about 3 weeks, I have some strong feeling that it will grow again, so I can advise you to buy BCH back as now the price is really nice.
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solovalley
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April 27, 2018, 07:12:34 AM |
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All traders experience it, and will experience it again in the future, my tips is to start getting used to such circumstances.
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sateyaam
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April 27, 2018, 07:21:27 AM |
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You are not alone because I also experience what you experience, I keep thinking positive about what has happened and the wrong decision I think but we can take a lesson from yesterday, To get better, Keep spirit guys,
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batang_bitcoin
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April 27, 2018, 07:31:59 AM |
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What do you do in such situations?
I'm just moving on when I experience this. Because what I tried is when I FOMO'd with these situations the price starts to go down after buying back. How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?
This is why before selling I'm thinking and deciding if there is really a need to sell it. But if I'm in need of cash I'm selling it without any hesitation and will keep on holding the rest. You can minimize this bad timing if you will just hold.
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asus09
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April 27, 2018, 07:53:32 AM |
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I think every speculation always has two options, profit or loss. I guess what happens to you is commonplace. almost all of us have experienced similar things. this is why patience and always looking for new information is very important.
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| | . Gamdom | │ | 15% | . CASHBACK FOR THE FIRST 7 DAYS | | | ██████████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████████ | █████████████████████████████████ .
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tamango
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April 27, 2018, 07:56:39 AM |
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That's the reason I don't sell coins but just buy and forget/hold .... crypto are too umpredictable and I prefer holding because I'm confident market will grow very much in next years
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rammanbl4
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April 27, 2018, 07:59:33 AM |
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whole market is strong increas,it is lucky i hold all my coin and now i only see market grow up,i beleive the mrket will go up hight level,this is reward of brave people who hold and buy coin when the market go down
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bournekin
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April 27, 2018, 08:04:37 AM |
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Keep move on to the other chance to win more profits then. I also faced that condition and it really regrets. But, in this cryptocurrency world, regret will mean nothing. I try to survive and plan my new strategy by buying or selling at the right time, in the right amount, not in the whole amount to sell at one time.
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Zaidaskin
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April 27, 2018, 03:44:39 PM |
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If you decide to trade should determine how much profit you want to earn. And if it has been achieved then follow your plan. You just have to do it over and over again.
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tyuner4
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April 27, 2018, 04:01:27 PM |
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I believe such situation happened to many of us. But since it has happened, I will suggest you to move on and concentrate to research on other coins.
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xiaohang07
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April 27, 2018, 04:11:13 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?
One way to deal with this is that you just don't sell when the RSI is low. The key is still patience. If you have the patience, you will be able to overlook all those up and downs in crypto space and hold your coins wisely.
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Svelto
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April 27, 2018, 04:18:30 PM |
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Don’t be too hard on yourself. It is really hard to predict what will be the highest price the coin will go to. If the market is looking good, I will wait for the coin to dip and buy back the coin.
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Slugmonkey
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April 27, 2018, 04:27:19 PM |
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Well, first of all it depends on how much you have invested. Your spending power and your investment should be in proportion. If you are lower than where you started from then take a while, pace yourself and see when you can invest again. If you still are trading on the old profits then I suggest you, look into current currencies which are meant for long term investments and buy while everything is red. Because good alts won't stay that way for long. Don't be demoralized by a bad sell, it's a volatile market; you can be back any moment.
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8rch7
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April 27, 2018, 04:33:27 PM |
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In trading must have a patient soul and do not panic quickly. When buying or selling token / coin, it is best to do partially, this may reduce disappointment.
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quanahri
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April 27, 2018, 04:41:14 PM |
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me too. I sold bch at $ 1100 and a few days later its price increased to $ 1500. I also sell GTO $ 0.22 and now $ 0.6
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