GmBoom
Jr. Member
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Activity: 322
Merit: 2
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June 26, 2018, 02:38:59 AM |
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That is the biggest fate of the traders, you cant predict when your coins gonna be reaching its high prices. But dont be sad, you earn a good profit by doing trades. Whats important is that you gain a profit, that's what matters most. In doing trades, you must be just on your judgement and when you have made a bad move, just move on.
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Camilacat
Newbie
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Activity: 26
Merit: 0
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June 26, 2018, 02:44:21 AM |
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The FUD is intentional and sensationalized, the fundamentals of crypto are no different than they were during the new year. Media feeds on this, and your perception is driven by their fear mongering. So if you wanted to get back power, then stop listening to the very same media machine that drove you here.
If it was to buck the system, are you going to run every single time some government shouts regulation?
If you truly believe in cryptocurrencies/blockchain and everything it has to offer the world, and the people, then you would have the resolve to stand your ground and be there when it comes back stronger. Which it will. It always has, crash after crash.
And if it was for profit well you certainly just let that one go.
Stay thirsty my friends!
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Vongola
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June 26, 2018, 02:47:36 AM |
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Actually you didn't lose anything since you have sold your token on higher price than you bought. You only missed good chance because you sold too early.
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indobitcoin.tk
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June 26, 2018, 02:52:19 AM |
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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 too greedy. the results that you get it already is an advantage and that's what's been the best for you. Indeed if you want to be patient and you will get more but of course maybe less could be less good for you. be patient is indeed the key and can be used as experience. but most importantly don't be greedy to get big results.
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southcat
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Activity: 130
Merit: 0
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June 26, 2018, 03:15:28 AM |
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Since I entered the cryptocurrency, I have been panicking at the beginning and I have been staring at the phone all the time. Later, I feel that since you cannot afford the ups and downs of such funds, why should I stay in the currency trading area? It's better to save money to the bank. Every trade you make is a risk. Regardless of whether you are profitable or loss-worthy today, you have to bear what you have chosen, so you don't have to worry about it.
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owmivmen
Jr. Member
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Activity: 644
Merit: 1
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June 26, 2018, 03:18:16 AM |
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it's just like me. selling tokens with bad markets will add to the loss. it is better to hold the token or coin until the market recovers. if you have better money to buy back in times of bad market conditions to add assets owned.
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Tommy len
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Activity: 86
Merit: 0
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June 26, 2018, 04:22:58 AM |
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You are not considering you made profit in just one day. If market reverse you will book loss too so you are lucky you made profit. But one thing you never know market will drop or rise So its not a matter of loss but if a project is promising and you believe it will grow so one should consider to hold it for long term to get the maximum profit. Its all about your holding patience.
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superscommessebitcoin
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June 26, 2018, 04:24:50 AM |
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Everyone is talking about what we need to be more patient, and all make the same mistakes. It's just a mystery I keep any coins until they grow in price at least twice and only then sell. Even if they grow up 100 times a day, I won't care, because I have already received 200 percent of my investment.
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Fakeer 666
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Activity: 140
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June 26, 2018, 04:32:29 AM |
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I'm for it, too. Today, the strongest projects survive, which the Davos hard put on their feet. Because of market instability, everything can be lost or earn fabulous profits. Therefore, do not panic, but you just need to grow the crypts.
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kaltar
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June 26, 2018, 06:40:10 AM |
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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
Yes, your story is another very illustrative example of the fact that we should not rush to sell and only thanks patience, we can earn the maximum profit. Of course, the choice of coins for investment should be approached very deliberately, but if you have already made a choice and bought it, despite not that you need to hold these coins until the price reaches a maximum value.
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Simayi
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Activity: 360
Merit: 12
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June 26, 2018, 06:45:32 AM |
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This is not a bad thing. No one knows the direction of the market. When you have profit, it is a very rational choice to leave. This shows that your risk control is doing very well. You are not gambling.
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cacucacok91
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June 26, 2018, 06:48:40 AM |
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I lost in the falling market about $ 100,000 and do not worry about it because after bad days will come good and growth will be in any case, but when I can not say
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chanler
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Activity: 753
Merit: 15
mulierum.com
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June 26, 2018, 07:18:17 AM |
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That's right. The only thing we will get when deciding based on panic is the loss. I have ever experienced that kind of condition and I thank because it will teach me about this important thing. Now, we must be more patient and calm whatever the market situation. Just think to make a good strategy to face the market.
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raphyt
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Activity: 71
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June 26, 2018, 07:22:49 AM |
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Been in this kind of situation, I felt awful afterwards. I learnt a very important message since then which is any coin I see potentials in I hodl it no matter the panic surrounding it and if at all I have to sell then I'll sell part and leave part. Am holding privcy now and will continue holding.
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feny.blackpink
Newbie
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Activity: 196
Merit: 0
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June 26, 2018, 07:35:29 AM |
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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 see, panic selling indeed never give us a benefits to do. I think i understand your feeling because i once in a condition same as you. No need to sell your coins or token quickly if it have a good products or projects. Just hold it for long. Cryptocurrency is a long term investment.
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gokusenpai0302
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Activity: 168
Merit: 1
The revolutionary AI gaming ecosystem
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June 26, 2018, 01:11:19 PM |
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Because of the volatility of the market some people have lost their faith in the digital currency market because they had lost so much money investing in it. Before engaging in any such projects / tokens / coins / altcoins you have to be mentally prepared so you will avoid huge losses and we have to remember that patience is really mattered in tradings.
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EricJones
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Activity: 156
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June 26, 2018, 03:36:16 PM |
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Anyone who is not willing to be patient should not be investing in cryptocurrency because being patient especially during bear markets where prices are just depressing is a big part of becoming a successful crypto investor. Patience is always what you need to make a lot of profit from your investments in cryptos
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mich
Legendary
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Merit: 1032
#1 VIP Crypto Casino
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June 26, 2018, 03:46:13 PM |
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you have to invest in something with this money you have entered into this btc or altcoin sector. If you keep your money in your wallet, you have invested zero. unfortunately, if you take your money to the bank at the moment, you are investing zero, and if you have a bond, you are investing zero. There is no doubt that a portfolio of altcoins in the long haul will provide much better return on paper than on assets that do not generate revenue, such as money or gold. It's also considered in the long term I think my idea in this direction.
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Barbarian
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June 26, 2018, 03:52:38 PM |
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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 just the way it is, the market is unforgiving if you sell at the wrong time you are going to lose all your money, just look at what happened to all of those that bought their coins in December and have sold already incurring in big losses in a short amount of time.
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rufus59
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Activity: 151
Merit: 1
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June 26, 2018, 04:01:36 PM |
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If you are a real trader you won't feel you lost, profit is profit no matter how small it is, what of if you had wait and it dumps, it just the way crypto works
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