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Author Topic: Your greatest trading regret?  (Read 3064 times)
omonuyak (OP)
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September 07, 2018, 08:56:52 PM
 #1

I invested into some coins this January and my hope was cryptcoins are going to increase in price this year but the reverse is the case. 
I can still remember some coins that I bought around $24 and $25 dollars in January and I am still holding them. Currently those coins are less than 2 dollars respectly. I doubt if I will be able to be patient until price get back to were I bought them and I do seriously regret bought those coins at the wrong time.
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September 07, 2018, 09:09:46 PM
 #2

My greatest regret is not selling more Bitcoins in December 2017. and then buying it at the lowest this year. It would be a better move for sure, if I sold way more then in December 2017 and then I would have had now larger number in BTC and also have money on the side making my profit even bigger.

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September 07, 2018, 09:42:03 PM
Merited by dbshck (1)
 #3

I invested into some coins this January and my hope was cryptcoins are going to increase in price this year but the reverse is the case.  
I can still remember some coins that I bought around $24 and $25 dollars in January and I am still holding them. Currently those coins are less than 2 dollars respectly. I doubt if I will be able to be patient until price get back to were I bought them and I do seriously regret bought those coins at the wrong time.

Already on loss so just keep going. But of course while still continuing to hold, analyzed if there's something on that coin that can "boost" it's price in the future. That will be our foundation that the period of holding time is totally making a sense and not just you hold it to recover the losses even a bit.

I really don't buy an altcoin during it's peak no matter how good their future is. This is to play safe although regrets should normally follow.

I have some coins that currently on cents value now. Again already on loss so I just keep them. That is considered as loss now. If they will soon bounce back then soon. I understand that people didn't able to dump at high price because in the first place, we don't know what will happened. So rather regret, just keep moving on. This is how risky playing with the crypto market.

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September 08, 2018, 12:37:41 AM
Merited by dbshck (1)
 #4

My largest personal trading regrets (unrelated to the.pylot) are:

- Years ago, starting to trade without any knowledge about it. It's probably the most important part to understand what you're doing first and why you're entering a specific position or trade.
- Selling 100,000 XRP around $0.40, shortly before it went up to $3.00. I've certainly made a profit, but selling at its all-time-high could have been life-changing money.
- Making trades just for the sake of trading activity. There are times when there are just no great opportunities to enter a position and you should just accept that and take a few days off until market conditions change.

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September 08, 2018, 02:30:31 AM
 #5

almost like you, it happens when I invest in several altcoins at a price of more than $ 4 but now the price is very far. But thanks to the incident I became aware that we should not be easily trapped by the advice of others and also not to be lost in remorse.
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September 08, 2018, 02:40:12 AM
 #6

There are lots. I don't even want to tell those again, because it will make me feel regret again. Regret or not, as long as you have made profit from that, it should be enough i think.
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September 08, 2018, 02:42:41 AM
 #7

I invested into some coins this January and my hope was cryptcoins are going to increase in price this year but the reverse is the case. 
I can still remember some coins that I bought around $24 and $25 dollars in January and I am still holding them. Currently those coins are less than 2 dollars respectly. I doubt if I will be able to be patient until price get back to were I bought them and I do seriously regret bought those coins at the wrong time.
I think you have invested the wrong time and wrong way. When you invest in an altcoin while it is rising, you should place an anti-hole order. You did not do it and made its price drop sharply. That's your mistake and I think you should draw a big lesson from it.

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September 08, 2018, 03:32:46 AM
 #8

I invested into some coins this January and my hope was cryptcoins are going to increase in price this year but the reverse is the case.  
I can still remember some coins that I bought around $24 and $25 dollars in January and I am still holding them. Currently those coins are less than 2 dollars respectly. I doubt if I will be able to be patient until price get back to were I bought them and I do seriously regret bought those coins at the wrong time.

Saying the price is only $25, to be honest it's just a little amount of money but the fact that you lose up to 92% of your initial investment is really bad. It's the same bad as those people who invested $2500, yet they also lose 92%, but if you do your research well and still believe on that project you are investing on, maybe you could afford to buy another part a little to compensate the loss and gain bigger in the long run.
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September 08, 2018, 03:38:49 AM
 #9

Greed. If a short-term investment goes double or triple in price, I always think to myself: "what if it goes higher than 2x or 3x? What if it goes 5x?". Having that mindset in the past always have caused me to earn significantly lower profits as a price correction is pretty much always innevitable. At present, I try to be content enough with decent percentage increases , though it depends on the circumstances.

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September 08, 2018, 04:39:48 AM
 #10

My greatest regret is not selling more Bitcoins in December 2017. and then buying it at the lowest this year. It would be a better move for sure, if I sold way more then in December 2017 and then I would have had now larger number in BTC and also have money on the side making my profit even bigger.

Yeah I think everyone also feel the same, but at that time I thought that the price still can go up, so i guess I was blinded by my greed, even when on January 2018 when there was a reversal sign I still ignore it due to my greed and I even bought some more, and now I lost a lot of money, its a great lesson for me
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September 08, 2018, 04:54:54 AM
 #11

I would not say i have had serious regrets this year, but I have sure had regrets in the past which I converted to a zeal to learn trading at all cost.

In the past, I can say not stopping loss at some point based on strategy was a regret but I would not blame myself since my trading knowledge was quite low, and my major regret that pushed me into learning how to trade well was seeing some of my investments skyrocketing and still holding, then I see them fall back to their historical support all over again or lower, which was the height of it.
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September 08, 2018, 05:37:37 AM
 #12

I invested into some coins this January and my hope was cryptcoins are going to increase in price this year but the reverse is the case. 
I can still remember some coins that I bought around $24 and $25 dollars in January and I am still holding them. Currently those coins are less than 2 dollars respectly. I doubt if I will be able to be patient until price get back to were I bought them and I do seriously regret bought those coins at the wrong time.

But that is too early to say anything about our holding. I am still hopeful for the great price hikes soon because its not even year end. There are still full four months of 2018 that are left and with these kind of time period one can have huge investment done into the crypto space. There are still whales who are not awaken yet and thus it makes me think that how we can say we have lost lot of money and the crypto is not going to come back to higher prices. I am pretty sure that this years investment is not going to be in vain but would be best one.
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September 08, 2018, 06:31:08 AM
 #13

my great trading regret i i brought eth and sold when the price is below 10 dollars and in some time the eth price spiked to 1000 times which is my biggest loss in front of my eyes
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September 08, 2018, 06:41:42 AM
 #14

Most of my accumulated bitcoin was sold off before December 2017 was greatest trading decision that I have regretted made, I had the opportunity of hodling some bitcoin however FUD sets in and I was panicked without any option I off sold majority of my coins in Nov however in Dec the price reached $20K I was highly disappointed with myself not hodling enough.
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September 08, 2018, 09:06:45 AM
 #15

Some people have suggested that they couldn't live with themselves if they lost trades as bad as I've lost them. What I have is a life free of regrets today. I'm very grateful for where I am and that's critical, especially in cryptocurrency trading where there are so many huge opportunities that get missed, where there are so many trades that look like a winner at the time, and then seem like a big loser looking back on them.
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September 08, 2018, 10:51:52 AM
 #16

Well, my biggest regret is switching my strategy, I had a going strategy it was losing but I had to stick with it because the strategy itself was to hodl no matter what because I did my research before buying the coins to hodl. When I saw Ethereum low enough I decided to change it and l sold all most of my hodl with 80% loss and bought Ethereum. The rest of the story is clear my previous hodl coins are up now 100% and Ethereum is $200 hahahah. The lesson here is if you have a strategy and believe in it then do not ever change it stick with it until the end and you will be rewarded in most cases.
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September 08, 2018, 11:42:54 AM
Last edit: September 08, 2018, 12:01:34 PM by Ararbermas
 #17

My greatest trading regets is dumping without doing technical analysis first, because at that time my portfolio keep decreasing too much that's why i decided to save my remaining balance immediately, which is unfortunately after dumping on my portfolio about an hours the growth rate of my coin recover back and after days as well it breaks new record. That's why until now i have truama because i lost almost 50% on it and i dont want to happen it again.  
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September 08, 2018, 12:37:07 PM
 #18

I invested into some coins this January and my hope was cryptcoins are going to increase in price this year but the reverse is the case. 
I can still remember some coins that I bought around $24 and $25 dollars in January and I am still holding them. Currently those coins are less than 2 dollars respectly. I doubt if I will be able to be patient until price get back to were I bought them and I do seriously regret bought those coins at the wrong time.

The greatest trading regret and will always be my regret is by not following my trading plan. This discipline is really hard especially if your emotions get into you. We all have that specific regret but this one would be the root of all.



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September 08, 2018, 12:50:15 PM
 #19

I invested into some coins this January and my hope was cryptcoins are going to increase in price this year but the reverse is the case. 
I can still remember some coins that I bought around $24 and $25 dollars in January and I am still holding them. Currently those coins are less than 2 dollars respectly. I doubt if I will be able to be patient until price get back to were I bought them and I do seriously regret bought those coins at the wrong time.

The greatest trading regret and will always be my regret is by not following my trading plan. This discipline is really hard especially if your emotions get into you. We all have that specific regret but this one would be the root of all.
Well as of that it would be your lesson as to be learned for everything here is just to be manage as well that you can have to take with. Making your discipline are the good thing to manage as well.
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September 08, 2018, 03:49:29 PM
 #20

Maybe some will not consider this a trading regret but my greatest trading regret is when I bought FUCKING VERGE at the peak of it. In short I got FOMO'ed. This is the time when the fucking announcement is being announced. Minutes after announcing their partnershit with PORNHUB, price plummeted instantly and I lost more than 50% of my trading capital unto it. Sad

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