Panic loss me 10800$ , so patient is the key

[NineBall]

you are impatient and in a hurry so that it hurt yourself, this should be a lesson for you and me, so do not always panic sell and sell in a hurry

[1714692458]

1714692458

[1714692458]

1714692458

[NeedIfFindIt]

There was a similar situation with me and I know how it happens. I think that luck in the crypt all the same is and someone was more lucky in this situation.

[johstacy]

And if there was no growth, would you lose $ 6,000? I understand this is a short-term investment.
Here the whole point is, what is the amount for the investor is safe? I can afford to lose no more than 500 - 1000 dollars on 1 transaction, ICO. If I believe in a project, then I can afford to wait a year if the amount of investment is not large. However, here it is said about 6000 for a short time and you didn't wait. U sold with a minimum profit. This suggests that this is a fairly large amount for you, you are not ready to take risks and waste part of the investment. Investments are not only a "potential" profit of 10,000, but also large losses. There are a lot of examples, the last - Titanium.

[deepcryptomine]

I really hate the post like this. You didn't lose anything but made a really good day trade. If I count the money I have "lost" the way you have, it would be more than 100k easily.

[haithomocduong]

everyone has encountered such a situation, so we need to accumulate experience in the investment, so when you just started entering this market, you can choose a small amount of investment, when you know enough about the market and then carry on a large amount investment.

[gatholocco]

I will understand if you panic when the price goes down. But you panic when the price starts to rise. You can not expect big profits with only little guts.

[Andruha1993]

I agree with you. Personally, I used to sell coins quickly. Now I do not do this if I know that the coin is good and that support is excellent, then I hold the coin for a long time.

[cacvy3]

You have not lost anything, because you sold before the pump.
Don't say that you have lost because it is not like that, you have a bad concept about it.

[adriaymati58]

Many friends of mine are in the same situation and now they regret it. I invest only in the projects I believe in and I hold even when the market goes down

[MoonIsBlue]

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 shouldn't really think like that, profit is profit. Hindsight is 20/20.

[PavelMed]

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 worry , you got a great lesson and didn't pay a lot of money for it . Remember your failures and draw conclusions not to repeat this mistake the second time .

[pcoot]

Even if the market is falling as bad as it is now. I don't have too much panic and I won't sell my cryptocurrency. Because I believe the encryption market has the possibility of recovery.

[coinholic]

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

Dude, you did not lose anything. You actually gained something because you sold at a higher price. What actually happened is that you missed out on the opportunity to earn much bigger because you sold too early. This is the problem with most day traders. When they sell too early and missed out on higher profit, they keep on telling people they lost this and that! How can you lose something you didn't even had in the first place?!

[castiloros]

of course, this can be a learning experience for. Crypto is indeed promising yet though so if you only take a decision in a hurry will only suffer losses. impatient in selling and want to buy in bulk as price not too sure lace became a very risky thing to do.

[Dondont]

you should be grateful despite getting that much profit, it's not a loss, still can be regarded as profit. indeed sometimes we panic for fear of the price dropped suddenly. but the next day, the price even jumped up 2x from the price when we buy it

therefore, in the crypto, when you buy a coin, it is better to give the target, whether it is short, medium, or long-term

[riaruhs09]

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

but I think you should not regret the decision you have taken, because no one knows what will happen to the market the next day. but you can make it a lesson when buying coins that have a good potential rise should hold for longer.

[ambisyon]

Agree, if you do not have the patience then that would be the consequence you are going to face like losing your investment instead of gaining profit.n Patience plays a big factor of your strategy with cryptocurrency investment and therefore, I would suggest that you should have to hold your coin wisely and be observant in the crypto market and be updated always.

[AITrading support]

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

It is not that you completely lost, you won .000002. it is that you could win more, that is true! I understand but you never know, it may have gone down.

[Yeahnoh]

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 alot in those three days after you sold instead of increase, so like others have said it was just a gamble 

[kendedes]

Panic, in every activity in crypto or in the world, will not make good. I know that being panic when realizing that the price is dropping, we then become panic and sell all mine. Or, when we know that the price is going higher, we panic buy and then buy the coins when the price is high. That is why, when involved in the crypto, what we must do is not being panic, whatever the situation.