Panic loss me 10800$ , so patient is the key

[Zhagedu]

It is a lesson we all must adopt wait patiently before one regret of his/her actions. I have just learned my lesson number one that i should not hurry to sell out my wallet just because the market is down but wait patiently for it recovery.

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[raptorez]

It is a pity that this happened, but it will become a very valuable lesson, because now suppressing panic attacks is really a very serious matter, the panic produces in the brain the hormones that prevent you from thinking correctly is a fact.

[azzag0000]

Here you yourself are to blame. The fact that hope brings success. If you invest in coins, then you know what will happen next. At some point you see growth, and you lose trust in it and sell everything.

[muthubabi]

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

Oh my goodness! I never hear such a big loss. If you hold little bit more, you will may get very big profit. But unfortunately you sold it. Never do it again.

[Zigzagkuy]

If you panic then you cannot think calmly and will cause you to lose. So patience is the key. Because if you are patient, then you are spared from panic. Stay calm and always believe in the cryptocurrency you invest. And don't be provoked by others.

[miropp]

This is a very difficult situation. Because due to the fact that we do not sell on time some kind of coin, we can also lose our money. It's worse. Therefore, in your case, it is better not to think about it, because you still made a profit and it's fine.

[vitek146]

Not do this mistake again,be patience and not sell coins when you just recieve in you wallet becouse most of ico need longterm future to complete plans and sucesfull they roadmap and targets,also many people see that market all red and down start sell all that buying earlier and for loss price only just quickle quit and dont lose all.

[bitcoin31]

Patient is key to earn more money during the pumping and even the dumping the price of the altcoins. Why puming because maybe the coin that you have increase very high and why dumping because you need to wait the price to pump again because if you sell that you lose your investment or capital.

[raden1922]

Make patience as a step that you always do, not in a hurry in selling or exchanging. That will be an experience you remember. Don't has been panicked and worried, it's better to wait and be quiet while reading the market situation.

[marcitosi]

all correctly written by the author but just do not forget that you need to fix profits and not wait

[anil_saini01]

Yes good projects are surely gonna give you profits but you really need to be patient while holding else you will lose out on potential bull run. Many coins have skyrocketed within days.

[vladaziya4]

I do not agree with you, because each currency has its own documents, which confirm the existence of rights. If the currency is unofficial, it will not survive long. I agree with you, aspiration and progress always give a positive result, if you are stretching before him and trying to be successful.

[elementaryOS]

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

Potential loss, not really important since you can't foresee the future.

[windfaraday]

Of course when we enter and join in the crypto's world we musn't panic to face the condition of the market. Be patient is the most important thing, beside experience, when we join investation in cryptocurrency because the price of cryptocurrency isn't stable but always fluctuate. Always positive thingking when face the condition of the market to earn many profits from that. Just wait and see the condition and the chance before decide want to buy or sell the coins.

[picaszo]

I agree with you. Patience is the key. but we forget sometimes we also have a need that costs money. if we need it then we take it right away, won't think for tomorrow

[nemey]

Very sad to know that. Everybody exactly face lost right now. All coins or tokens in the portfolio are dying. But, the loss will only happen when they sell the coins in the lower prices. This is why, it can be a very good lesson for you and for us that we must be patient. Keeping patient may hurt us but there is no choice to keep moving. Just be patient for more legit condition some months later.

[cryptosmoker]

First of all, thanks for sharing your experience so all of us here can get new knowledge. I have the same opinion with you that patience is the key in this crypto world. We can not sell our tokens when we are in a panic, that would cause any regret for us. Just wait in a moment until the price is good, then we can sell our tokens without any regret.

That's true, buddy. Regret is not a good choice actually, just learn from it. As you say, we could not be panic here or you will do a big mistake then. In addition, don't forget to watch the token price of the project that we are joined in every day so we can know the best time to sell our token.

[darkangel]

No one can predict the price will go up or down. So if you sell and make a profit then it is a success and not too greedy, 10-15% of profit is too much. Patience is when you accept hold when your altcoin price falls, And you hold it long enough for you not to lose that is the key

[fanji]

if you have gotten a profit it is better to immediately sell even if it's a little, don't expect too much to get a big profit in selling Cryptocurreny, a trader easily panics when the price goes down is not suitable to be able to adapt in the Cryptocurreny market, because it can make you lose money not profit

[Um Nik]

if you have gotten a profit it is better to immediately sell even if it's a little, don't expect too much to get a big profit in selling Cryptocurreny, a trader easily panics when the price goes down is not suitable to be able to adapt in the Cryptocurreny market, because it can make you lose money not profit

If the price goes down then toss your coins somewhere you can't access for a while so you can spend them later.