Treasurer
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May 03, 2018, 10:11:59 AM |
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When I sold the coins, and they start to grow, I wait for the stoppage of growth and decrease, even a small one, and I buy again. Yes, I can now buy less coins for this amount, but they will grow up later and I will cover losses.
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midorichain
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May 03, 2018, 10:14:07 AM |
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I also had such cases, after that I decided that I would invest for a long time and registered in my strategy at what price I would sell and buy this coin
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Mr.Freeman
Full Member
Offline
Activity: 462
Merit: 114
“The Future of Security Tokens”
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May 03, 2018, 10:47:29 AM |
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If I sold coins at the top of the price, I go to a coinmarketcap, choose coins that grow well, but now have fallen and are buying them.
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jmigdlc99
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May 03, 2018, 10:55:52 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?
That sounds exactly like what happens to me every time i try to trade. It also happens the opposite way such that when i buy a coin, the coin prices go to the dumps. I feel like this is because the whales have developed a way to analyze market sentiment and manipulate it in such a way that when the average joe (like me) feels like it's a good time to buy, they capitalize on it and take our money. Sadly, until we are large enough whales or the market becomes more resistant to insider trading and manipulation, there is little we can do but simply hodl until we are really content with profit.
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0xacBBa937A57ecE1298B5d350f40C0Eb16eC5fA4B
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mitchr4
Legendary
Offline
Activity: 2842
Merit: 1021
Join the world-leading crypto sportsbook NOW!
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May 03, 2018, 11:02:57 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?
I've experience several times one of the tokens I got from bounty had held it 2 months more when bitcoin price was down far and the token price also went down I panicked and sold it all not far from it a few days later the price recovered. I realize it was a very bad decision i have ever done.
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St4yInTh3D4rk
Sr. Member
Offline
Activity: 686
Merit: 264
"STAY IN THE DARK"
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May 03, 2018, 11:08:42 AM |
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Don't watch the price of the coin after you sold it because it will mentally affect you as you are saying bad sell.You need to have trust on that coin to avoid these kind of selling.But everyone will face these kind of situation so you need to learn from it and next time make the condition on your side by investing the coin when the price is lower.
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Hero/Legendary ..bustadice.. ▄▄████████████▄▄ ▄▄████████▀▀▀▀████████▄▄ ▄███████████ ███████████▄ █████ ████▄▄▄▄████ █████ ██████ ████████▀▀██ ██████ ██████████████████ █████████████ █████████████████▌ ▐█████████████ ███ ██████████ ███████ ███ ███ ████████▀ ▐███████ ███ ██████████████ ██████████████ ██████████████ ██████████████ ██████████████▄▄▄▄██████████████ ▀████████████████████████████▀
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oliviancool
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May 03, 2018, 11:30:54 AM |
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In the crypt there are many very incredible stories, when people manage to earn a lot. But there are also cases when some are completely unlucky.
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annaby
Newbie
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Activity: 658
Merit: 0
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May 03, 2018, 11:32:54 AM |
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It can happen to everyone, no one is immune. If a person had the gift of foresight, it would be difficult for him to make a mistake. And while it is not there, you need not hesitate to move further along this complex but interesting way of crypto currency to obtaining material satisfaction.
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Omparkash72
Copper Member
Newbie
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Activity: 336
Merit: 0
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May 03, 2018, 11:41:31 AM |
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It happens with everyone, it's a part of crypto market.donot need to sad and try to learn from every experience. Generally donot invest on a single coin diversify your investment. On sale never sell all coins at instant, if the price is too much down. Invest that money on another cheaper rate coin that you think will give you profit.In crypto currency donot need to panic , keep patience and always think for long term.
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bidbud
Newbie
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Activity: 210
Merit: 0
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May 03, 2018, 11:43:07 AM |
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of course it is the risk of an investment, but that needs to be underlined is we must have the target price we must achieve before selling ,, if after selling it turns out the price of the coin soared it is risk ,, be patient ,,
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Lewoll
Member
Offline
Activity: 196
Merit: 14
I don't think sMerit harvesting is a serious crime
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May 05, 2018, 07:16:51 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?
that is why I don't sell my coins unless I had gained profits. that's one of the worst crypto enthusiast nightmare because buying coins at high price and selling them on their lows isn't a clever decision otherwise you can't be pained if you already get high profits while the increase continued after you sell them. that feels better than losing your capital and earn nothing.
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Lewoll
Member
Offline
Activity: 196
Merit: 14
I don't think sMerit harvesting is a serious crime
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May 05, 2018, 07:19:03 AM |
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of course it is the risk of an investment, but that needs to be underlined is we must have the target price we must achieve before selling ,, if after selling it turns out the price of the coin soared it is risk ,, be patient ,,
indeed, investing crypto is highly risky and most of the time panic sellers will gain nothing but holders do. in my own opinion, unless you don't need money for emergency - you better sell your coins when you do have gained high enough that losing them no matter how long you wait as crypto market doesn't stay low for a long time. investors have to wait a long time in order not to lose your capital and your investments.
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Faeton
Member
Offline
Activity: 308
Merit: 11
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May 05, 2018, 07:28:31 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?
On your mistakes you need to learn, however, it is not worth much to pay for this lost profit. When dealing with the crypto currency, we will have many more such situations. Crypto currency in its growth is unpredictable. If you keep coins or tokens you need to try to know about them as much more. Knowing how they develop, you can make more correct decisions.
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zidanaltaer
Full Member
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Activity: 340
Merit: 100
idap.io
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May 05, 2018, 07:29:40 AM |
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I have made bad decisions over the course of several times, but there is always a chance to recover and I enjoy the process, just sit down and enjoy the show
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Masik2018
Copper Member
Newbie
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Activity: 70
Merit: 0
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May 05, 2018, 07:30:22 AM Last edit: May 05, 2018, 07:44:46 AM by Masik2018 |
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Also.. I think if you've made already enough money from your investments, then you shouldn't worry about that kind of things. I would not worry.
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Samiliti
Newbie
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Activity: 141
Merit: 0
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May 05, 2018, 07:31:18 AM |
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This is a normal situation, each of us had exactly the same situation and even worse . So do not worry , no one can know where the price will go
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hsnjtdj
Newbie
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Activity: 106
Merit: 0
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May 05, 2018, 07:32:05 AM |
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It sounds really regrettable. Maybe you lack trading experience, and after more number of times, your judgment will be more accurate. Don't be frustrated. You can learn to be patient, or spread and hold a variety of coins over a long period of time.
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cewekimut
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May 05, 2018, 07:34:13 AM |
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It's usual to face this such bad sell. I often regret my decision because the price is higher after selling. But, it's OK. Let's make deal and lessons of them. Now, I just try to analyze deeper my coins that will be sold at the right time. IT is also wise to sell my coins some and leave some for savings.
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shapegray
Newbie
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Activity: 126
Merit: 0
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May 05, 2018, 07:35:03 AM |
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Try not to be too complacent and do not be too greedy. Just be patient until you get some profit and don't be greedy to get more profit.
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indrakusumaindra
Full Member
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Activity: 728
Merit: 101
The Standard Protocol - Solving Inflation
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May 05, 2018, 07:37:31 AM |
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Its happening to me too. I sell ethereum 6 days agoo and just only one day ethereum increasing 15%. Its make me feeling so bad and i regret my decisions. But i hope this would be good leasons for me in the future.
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