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Author Topic: Panic loss me 10800$ , so patient is the key  (Read 3027 times)
barlo357
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June 03, 2018, 08:54:15 PM
 #61

Since already happened so you need to be patient more or wait for you to be able to proved  more because you already gamble your money so still the key word here is be patient.

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June 03, 2018, 09:01:41 PM
 #62

In such an unpredictable business as crypto investment, any, even a very small profit is already a good result. Especially if you received it within a few hours. It is necessary to rejoice if you did not receive losses.
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June 03, 2018, 09:12:03 PM
 #63

you sell at the time you make your profit if not you would have being patient, for now the bitcoin is 7000 so it beeter when you sold it for 10800
but know one know what will happen before december

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June 03, 2018, 10:05:02 PM
 #64

I don't think this is a loss, you only took profit when you did. What if you had waited 3 days only for the price to plummet? But one that I have learnt is that good coins will always win.
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June 03, 2018, 10:50:31 PM
 #65

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

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June 04, 2018, 07:40:37 AM
 #66

we can learn something from this which is being patient is really needed in trading especially if we are holding good coins because good coins do not always increase in the short-time. so we need to wait for a while and even we need to wait for a long time before the price is increased. besides that, we need to prevent panic so we can think, analyze, and make a decision in the market.

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June 04, 2018, 07:45:55 AM
 #67

Cryptos are not for rash decisions or impatient investing. You watch, you study, you learn and you hold. Past few months have been a free fall due to various outlying and inherent factors, and we need to wait for it to find its footing.
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June 04, 2018, 08:06:08 AM
 #68

I too have experienced the same failure with you. Losing an awful lot of capital, only because I panic sell. However, after that I learned from the experience and not repeat the same mistakes. So for those of you who have never been, I recommend to stay patient. Don't be fooled by the circumstances.
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June 04, 2018, 08:21:00 AM
 #69

I myself also lost a lot of money selling stellar, tron, ripple and verge too soon, but patience and hodling can be tricky in current market conditions. Hodling legit projects is usually worth it, but choose projects to hodl very carefully. Market is evolving rapidly and good projects get replaced with even better ones.

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June 04, 2018, 08:30:35 AM
 #70

Wow, thank you for the story. I think patience can be useful key for the new ICO tokens, but you need to watch after old coins you are holding in your wallet, sometimes it is better to cash out.

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June 05, 2018, 08:27:37 PM
 #71

It's just awful, but it's very difficult to predict. I think that you need to learn technical analysis of coins in order to make more precise decisions.
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June 05, 2018, 08:29:39 PM
 #72

Hmm lots of people lost so much money due to panicking, even myself I lost about $30k because i sold early, could have just held and made some good profit, however, learned from my mistakes, now i usually hold long term.

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June 05, 2018, 08:34:19 PM
 #73

But there are a lot of stories about too long waiting and patience,especially after January huge rising and there sudden falling.
The best way is to divide your investment and fix after small growth 50%,and then for example 30% , etc. Better not to lose,than to earn less
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June 05, 2018, 08:40:05 PM
 #74

If everyone made a post like this when this same situation happened to them this forum would be literally flooded...

Sheez be happy with your small gain and move on....to sit there and think that you actually lost that money is pretty novice..yet by your name it says "Yes I am Pro"  Huh Roll Eyes
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June 05, 2018, 08:51:23 PM
 #75

Your loss is nothing compared to what I did lost, and my loss hurts me much more because I don't have so much funds for investing, I never invested more than couple hundreds, I'm on the edge of being handicapped due to chronic, untreated illness (meaning I can't work, I can't even use a computer - lost x5 your loss because of that) and my mental health is in very bad condition.
OK, I held my coins much longer, but not long enough. I entered crypto at the end of 2013, in 2014 things were much, much faster, coins could go 10x, 50x in matter of weeks, so I didn't think holding my coins for years is good idea and I sold big percentage of them during pumps, just to find out few months/ year later that they were pumped even more. And don't forget BTC rise in 2017, anyone who sold before that lost a lot of potential profit.  

Sheez be happy with your small gain and move on....to sit there and think that you actually lost that money is pretty novice..yet by your name it says "Yes I am Pro"  Huh Roll Eyes

OP probably can and will move on, but not everyone can do this, I invested in 3 coins few years ago saying these are my last crypto investements, one coin died, another one I lost because of personal problems/ health issues/ theft (all of these played a role) and third one I sold too early losing life changing profits.

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June 05, 2018, 08:51:47 PM
 #76

Always on a panic either you get less or you lose. I myself faced only x, I thought it would be even higher, but it got worse)

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June 05, 2018, 09:00:37 PM
 #77

I did not have similar incidents, but I imagine how unpleasant it is. I think it's worth making conclusions from such situations
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June 05, 2018, 09:19:52 PM
 #78

You never know how much token will cost tomorrow. You didn't lose anything, just made the deal and fix smaller profit that you could have in three days. Everybody makes such mistakes; it is normal situation on volatile market!

In one day you can earn more, in another – earn less or fix a loss. The best recipe is calm and patience.

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June 06, 2018, 05:24:29 AM
 #79

I had a case where I waited too long, and the coin soon fell into a price and I sold it even cheaper than I bought .. In the crypt this happens ..
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June 06, 2018, 05:27:14 AM
 #80

if that's how much your loser to buy is just altcoin or token it's better to hold it just wait for the price or bitcoin to increase the price because it's just the way to get you back then it's a lot easier if you sell it so it's better to wait for you bitcoin has increased so you do not get mad

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