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Author Topic: Panic loss me 10800$ , so patient is the key  (Read 3024 times)
okaypool
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June 24, 2018, 10:53:25 AM
 #201

Here you yourself are to blame. I wanted a quick profit and got a penny, but could wait a little longer, be patient and get many times more. But none of this is insured, and you could not know where the price will go further - up or down.
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June 24, 2018, 10:58:32 AM
 #202

you are WRONG about everything.

first of all from your  comment it is obvious you are gambling not investing.

secondly you have made 4.3% profit in 1-2 hours and you are complaining about this profit?!!!!!!!!!!!!!!!

third you have to think about it this way:
if you randomly help this coin and instead of going up it went down to 0.00001000 ETH you would have lost A LOT OF money.

and finally you made a huge mistake of not buying back when you saw the rise. in fact when you sold this shitcoin at 0.00004800 you made a solid good decision and you made a solid profit. but then you saw the rise days after that but you did nothing and just stood by instead of jumping on the pump wagon. THAT is where you lose opportunity.

ps. as you are complaining about this random shitcoin, there are at least 6 other shitcoins being pumped today that you are also missing out on making profit there....

You are absolutely right. There's trading and then there's gambling. He simply gambled and didn't follow the simple rule of joining the train when it has already taken off. I've been burnt before while chasing trades and now I've learnt my lessons
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June 24, 2018, 10:59:29 AM
 #203

The fact that no one is insured, it's true, but a large percentage, or the probability of how to say better. The fact that the expectation brings success. If you invested in a coin, then you know about what will happen to it further. At some point you see growth, and you lose faith in it and sell everything. Lutshe most, just immediately put yourself a goal in a certain amount, and then merge.
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June 24, 2018, 11:03:55 AM
 #204

There is also a lot of loser in holding a token you really need to buy at a cheap tokens price and it's a bad day to buy tokens.You have to wait until now because the price of altcoins and tokens is still falling.

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June 24, 2018, 02:42:49 PM
 #205

yes you are right to sell when panic is very harmful you better be more patient and do not easily panic facing bad news in some media.

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June 25, 2018, 08:50:51 AM
 #206

I think we all have similar story to share and we all lost some money to panic but your amount seems quite big so i am really sorry but you at least learned from your mistakes and wont do them again.
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June 25, 2018, 12:39:28 PM
 #207

Maybe you have to change your mind. When it is down now, you won't think so, so don't regret when you sell the right opportunity. Because you don't know where the market is going.
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June 25, 2018, 12:44:02 PM
 #208

well bro, don't worry you will have other occasions to make money!
this story helped you to understand how things go.
next time I'm sure you will make the right decision and you will earn more money! good luck
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June 25, 2018, 12:48:44 PM
 #209

You didn't lose money since you made a profit, you just didn't make as much as you could have if you holded. You were just a little unlucky this time but to be honest the three days after you decided to sell could have went either way. The values could have actually dropped a lot in those three days after you sold instead of increase.So its not a loss at all
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June 25, 2018, 12:51:00 PM
 #210

I think we all have similar story to share and we all lost some money to panic but your amount seems quite big so i am really sorry but you at least learned from your mistakes and wont do them again.
Yes, we've all been there
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June 25, 2018, 12:58:10 PM
 #211

There is lots of stories like that. Unfortunately most energy is given for stories opposite to yours. i lost 100000 because I think I know what I was buying Cheesy Most of them still living in game mode (WoW?), where you can ask anybody on web for opinion and gets only wrong ones.
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June 25, 2018, 01:23:01 PM
 #212

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




that is a great lesson for you to be more patient and chill upon the ups and downs of the cryptoworld. i have a lot of bad decisions too but i learn and stand strong from it. it is not impportant how you fall but how you stand again and begin again.
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June 25, 2018, 01:28:30 PM
 #213

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




Patience is very necessary because it can provide peace and not rush to sell crypto. And therefore strategy holds better than selling too early.
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June 25, 2018, 01:30:37 PM
 #214

I am very concerned about the incident that happened to you. Hopefully, you get a bigger change. Let's just say it is not to be your fortune. I also always emphasize for myself not to panic and hasty in making decisions because it usually brings a mistake in decision-making that leads to regret. I've experienced it. At that time, I was impatient in waiting so that if I am patient within two days then I can get triple profit. It makes me a lesson to be more careful again. So, I will not be affected on trends or issues without me doing my own analysis.

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June 25, 2018, 01:31:55 PM
 #215

Firstly, I like to believe that I create my own luck. This believe serve as a solid base for my decision making. The quality of your trading decision will either make you money or lose you money. So it is important that you are making decision base on sound knowledge.

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June 25, 2018, 01:45:01 PM
 #216

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




There must be many peoples like you, sell tokens or coins too fast, you are not alone  Grin
In cryptocurrency, mostly you will need to hold your tokens for quite time. Except your tokens have a bad project, just sell it and buy others.

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June 25, 2018, 01:48:29 PM
 #217

Yes, patience is key even in life generally and in crypto. Even if the market is going down and dipping very low, I believe if you are patient enough to hold for as long as the market recover, you will earn a reasonable profit by the time the market  recover and the price of the coin begin to grow.
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June 25, 2018, 01:50:52 PM
 #218

Listen, in this thread people very carefully explain to you that you do not need to do this, it seems to me that it will be available to even a newcomer if you filter out the essentials and collect all this in a separate branch.
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June 25, 2018, 01:53:35 PM
 #219

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 should learn the lesson of doing such thing. you should have waited for its market value to again rise. Indeed, the situation at this moment is a bit scary but knowing that there's always a tendency for the market to recover even if it take months to happen, holding is more advisable. It is only the price which is falling not the amount of holdings. It is just patience that is needed in order to avoid such loss of profit.
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June 25, 2018, 08:34:37 PM
 #220

the most difficult - to understand, a good coin or not
I will give to you the return example: if the person has made a purchase for $20000-15000, then if he waits 2-3 months he will be able to be on sale only on 6200) a conclusion is obvious. The main thing - to find an entry point and an exit

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