Panic loss me 10800$ , so patient is the key

[cbeew3]

No matter what we do, we need to have enough patience and stay calm enough. Investing in the encryption market is even more needed. When the market begins to fall, we must stay calm and not make any decisions when panic.

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[badykvik]

Yes, patience is the key because with this, you can achieve great things and make very good profits in the crypto world. Even if the price of coin you hold is going down and it looks like it will not rise again, as long as it is a very good and promising coin, continue to hold patiently because you cannot predict when it will rise and how high it will rise when the market recover but with patience, you can enjoy the profits when the price rise very high.

[phreakorico]

Patience has always been the key. Investigate projects, buy low, have patience, and sell at the right moment. Do not panic. Do your own research.

[Cmoh]

Never be panic while you are already in crypto trading or investment. Just wait for the good time patiently. But, always need to choose the good coin for investment.

[CryptoVal13]

Patience is not always the key, you can miss the right moment as well. Just don't sell all, crypto is so unstable that you will never know what will be in an hour.

[Kryten12]

Sorry but you need to redefine your trading definitions. You didn't LOSE anything you made a profit between 4600 and 4800 200 GWEI per token. What you should say is you missed out on further profits by selling early which just goes to show that timing is ey when it comes to trading.

[gumpoh]

Yes, I very much agree with your concept, but many times you can't do it, you will be changed by market sentiment, we should keep calm thinking ability, once you make a choice, don't change it easily, otherwise such tragedy will still be Will appear on you

[cpk02]

So sad of you mate! This is crypto...
No one can say anything what happen next day. but from your story we learn that "patient" is the main key to get success in any field. 

[actimelfortelun]

It happens that without risk, and trade will not happen . Our experience in the future helps us not to make the same mistakes .

[Defimwh]

yes patience is the key in the crypto world, who panics that he will lose money and save will get a big profit, also seen from the development of the coin is progress

[Badboy45]

Panic creates fear and people sell at a loss, just natural human emotion

[AssassinCreed]

Yes, I am very sympathetic to you.
But when I saw your business, I thought of myself. I used to be like you. I sold my coins on my own feelings. Then, a week later, it rose 10 times. I regret it. Now I am waiting for a long-term investment.

[Xemnia]

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 am so sorry to hear that, this is really bad ,uck.. well, i hope that you will cope with it and you will the way out

[Xemnia]

Panic creates fear and people sell at a loss, just natural human emotion

so we need tk learn to control pur emotions, this is a very sad stpry, so i think that ylu will neve rbe in his position

[karthcrypt]

When you panic,  you lose more than money, you lose the opportunity to develop a method that can distinguish and guarantee your future income.  You are also emotionally drained!

[nestorjacob]

This is a massive loss indeed, it all depends on what needs the person has to liquidate and solve at that particular time but I think that seeling immediately after three days was a quick decision that you could have waited small and at least see the market trend before you decide to do anything. Anyway, the harm has been caused already so let us add it to the pool of experiences that we are gathering daily in the cryptocurrency industry.

[LankaJay]

You have not lost anything. But you have missed an opportunity to make a decent profit. But imagine what will happen if the price went down? So do not worry. Anything can happen in the market and it is very easy to tell anything by looking at the history but it is very hard to take necessary actions in real time.

[waynechong1995]

Usually I dont cry over splitted milk but always set an expectation and believe your own experience, I agree sometimes you need to sell but thats not always the case when there are so many new coins out there. Gatecoin is simply one among the hundreds that succeed in short. Personally hodl some project on ICO price over a year and no signfiicant 20% growth is seen.

[deceno]

This is indeed the lesson. At the time of encryption, patience is indeed a very important thing. Opportunities always give patience to people.

[blazsqd]

This impatience has let big losses before and will continue to cost a lot. Very often people panic, quickly and eventually lose head and money. And if you want to succeed and earn a profit you have to bear and be patient with these coins.