Panic loss me 10800$ , so patient is the key

[vastmast]

In the first place I made such mistakes. I lost a lot of money for panicking and selling. I am not panicking at this price, because most of what I have already suffered i will wait till see ath, need to see better pricese

[1714675455]

1714675455

[Jamesdila1]

dont worry. you just did a day trade. long term holders have enjoyed that profit. thats why holding is key of success. if you have done a trade then dont think about it again. pumps and dumps is normal in this market

[Seriousbizz]

Most people in the crypo industry lose patience as soon as they see the market detarrioriet, its just a show of how much people don't believe in the ability of cryptocurrency, this impatience has let to a huge losses before and will continue to cost many a considerable amount of money, hold on and be patient with these coins and you will reap big

[wooiuy]

Yes, excessive panic will make us make wrong judgments. I think that even if the market is down, but we do not have too much panic, we should stay calm, and we should not sell the cryptocurrency in our hands. We should wait patiently for the market to recover.

[Anita1873]

Patience is the key of success and panic gives you always losses so never panic in market down fall and sell your altcoins in loss. Market recover from its down fall after a certain level and cross its last highs many time.

[DgurJIupyf]

Dear Members


Recently I faced a bad luck. here the story

I got IOTX from GATE .io 28th of may 196000 @ .00004600 ETH.  Then after one or two hour i sold it to @ .00004800.

After 3 days means June 1st , one IOTX went to .00014ETH. 

if i sell June 1st  196000 * .00014 *590 = 16189$
Investment is = 5300$
so i have lost = 10800$

so in this story if i could wait 3 days , i have profit of 10000 USD. so in this case i am saying please be patient. wait wait. good coins always give a good reward to you

You were very stupid. Why would you even invested the money and bought these coins that they would you sell in few hours?? Why did you come to crypto investment? You've been very unreasonable. In any case, you have gained the experience with which you are now sharing, and I think for others it will be a lesson. I invested it and forgot it. And speculation is invested and you expect that tomorrow the price will rise. But you have to be patient.

[teosanru]

It is easier said than done. Upon seeing a bearish market every person in this world freaks out and the more it extends the more the negativity spreads around the forum. So I don't really think patience is the key. What matters more is knowing when to exit a coin and when to enter a coin. If you can figure that out then you would make a lot of money.

[cbeew3]

Yes, panic is easy for us to make the wrong choice. I think that even if the market falls, we must remain calm and do not sell our cryptocurrency. It should wait patiently for the market to recover.

[paulscathedral]

This story is still instructive. Although in this case I can understand this man. The market is in a bearish trend that does not guarantee for the growth of any token. You were trying to do as safely as possible, so as not to lose everything. Do not fall into the syndrome of lost profit.

[ApocalypseNow]

Dear Members


Recently I faced a bad luck. here the story

I got IOTX from GATE .io 28th of may 196000 @ .00004600 ETH.  Then after one or two hour i sold it to @ .00004800.

After 3 days means June 1st , one IOTX went to .00014ETH. 

if i sell June 1st  196000 * .00014 *590 = 16189$
Investment is = 5300$
so i have lost = 10800$

so in this story if i could wait 3 days , i have profit of 10000 USD. so in this case i am saying please be patient. wait wait. good coins always give a good reward to you

Don't be sorry. There are still hundreds of coins there that have much more potential to give you more than $10k. You profited but still you feel bad so let me remind on how many traders experience many losses.

[Mihail.B]

Tell that to the people who made a fortune in the wave market. If you do not know how to trade, it is better to start small amounts, the rest to hold, and not to panic.

[ooxtcoo]

patience is very important for people who invest their money in cryptocurrency. sometimes you just have to wait out the moment of the fall to earn your money later. legs start to panic selling their coins lose everything and get frustrated with the cryptocurrency.

[dicaprio]

This is a very big money, I think that patience today is really important, as it is probably air for people, this is a very good analogy, because without air you will surely die, as your deposit can be exhausted without patience.

[cewekimut]

Many people lost their money because of the panic situation. Moreover, when someone trading and seeing that their coin price is slowing down, they will sell out all the coins panic. It is absolutely not wise regarding to the key of success in trading and investment. Many people experiences have been becoming the lesson for us. So, it is better to be more patient to gain more profits and wait until the right time to buy or sell.

[baienpee]

Yeah, you make sense. Investment takes some time. If you don't have confidence in the coins you invest in, then you might as well not invest in it. When you don’t have confidence, you will make wrong judgments because of panic, false news, etc. Just like #1 this friend left regret  for himself.

[yanesna3]

In the first place I made such mistakes. I lost a lot of money for panicking and selling. I am not panicking at this price, because most of what I have already suffered i will wait till see ath, need to see better pricese

I am sure that each of us here made the mistakes that you have mentioned. When I started dealing with the crypto, I was a very impatient guy. I was in a hurry to get my profit too early and lost pretty much.

[quynhanhkhr99]

I think lost when you put your money and didn't get it back. And this is just you earn less. Down be so greedy, because of this quality everyone at begging loosing. Calm down and relax. Keep your brain fresh and money coming to you

[Niobeh]

Many people lost their money because of the panic situation. Moreover, when someone trading and seeing that their coin price is slowing down, they will sell out all the coins panic. It is absolutely not wise regarding to the key of success in trading and investment. Many people experiences have been becoming the lesson for us. So, it is better to be more patient to gain more profits and wait until the right time to buy or sell.

That's a big mistake for you, so now you experience losses by the next situation make it sure you're already handle negative emotions and not too greedy when it comes to selling coin. Yes, I believe patience is the key towards success so we must able to wait until prices pumps up for the positive result.

[rancidgash]

Dear Members


Recently I faced a bad luck. here the story

I got IOTX from GATE .io 28th of may 196000 @ .00004600 ETH.  Then after one or two hour i sold it to @ .00004800.

After 3 days means June 1st , one IOTX went to .00014ETH. 

if i sell June 1st  196000 * .00014 *590 = 16189$
Investment is = 5300$
so i have lost = 10800$

so in this story if i could wait 3 days , i have profit of 10000 USD. so in this case i am saying please be patient. wait wait. good coins always give a good reward to you

I agree with you, patient is one of the most important aspects for every investor. Unfortunately, people only realize it when they lost, like in your situaction, i believe in you will not do this mistake again

[chris200x9]

Dear Members


Recently I faced a bad luck. here the story

I got IOTX from GATE .io 28th of may 196000 @ .00004600 ETH.  Then after one or two hour i sold it to @ .00004800.

After 3 days means June 1st , one IOTX went to .00014ETH. 

if i sell June 1st  196000 * .00014 *590 = 16189$
Investment is = 5300$
so i have lost = 10800$

so in this story if i could wait 3 days , i have profit of 10000 USD. so in this case i am saying please be patient. wait wait. good coins always give a good reward to you

I agree with you, patient is one of the most important aspects for every investor. Unfortunately, people only realize it when they lost, like in your situaction, i believe in you will not do this mistake again

No mate this mistake we can do again and again because when the market is green we will not sell our coins and expect more profit. suddenly the market will turn red again we wait for the previous price so this process will continue and we miss an opertunity to make a profit. I also lost my profit in IOSToken it went up to $0.08 today the price is $0.028 almost 200+% loss.