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Author Topic: Worst year of trading for me damn  (Read 3638 times)
puremage111 (OP)
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November 02, 2018, 01:09:26 PM
 #1

So after the bearish market came
I've been holding more alts than BTC/ETH

Coins like COSS, NANO, CND and etc
I been making loss and missing out most of the pump because i sell these coins and convert it to ICON (ICX) which i waited it to be move
So basically after everytime i sold my specific alts, few days later it went 100%   Shocked

NANO, bought at 0.011 ETH i sold at 0.005 ETH, 7 days later, it went up to 0.013 ETH. Hold for almost 6 months and sold, it went up after 7 days.
Same to NANO, COSS

Everytime i sold, within days to 1/2 week
It pumped like crazy

Just like COSS
Sold off 100k at 28 ETH last week
Today 100k COSS priced at 53 ETH

Holy i been making huge losses in 2018  Cheesy Sad Shocked Cool Cool
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November 02, 2018, 01:59:59 PM
 #2

So after the bearish market came
I've been holding more alts than BTC/ETH

Coins like COSS, NANO, CND and etc
I been making loss and missing out most of the pump because i sell these coins and convert it to ICON (ICX) which i waited it to be move
So basically after everytime i sold my specific alts, few days later it went 100%   Shocked

NANO, bought at 0.011 ETH i sold at 0.005 ETH, 7 days later, it went up to 0.013 ETH. Hold for almost 6 months and sold, it went up after 7 days.
Same to NANO, COSS

Everytime i sold, within days to 1/2 week
It pumped like crazy

Just like COSS
Sold off 100k at 28 ETH last week
Today 100k COSS priced at 53 ETH

Holy i been making huge losses in 2018  Cheesy Sad Shocked Cool Cool

2018 is whale year.
Less real investors makes whale can manipulated market with a big volume.
So this year trading is so suck
kiemnhieutien
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November 02, 2018, 02:10:04 PM
 #3

You need to be more patient  Cheesy I don't know why you decided to sell NANO at too low price, because you had holded them for almost 6 months, why you didn't wait longer. In these case you become a long term holder, you should only sell when you get profits, at higher price than 0.011 ETH.
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November 02, 2018, 02:13:24 PM
 #4

I guess 90% or even more of the traders are trading like you - and me as well  Grin.

Try to put some fund in a stable coin - 10-20% - like USDT, TUSD, USDC, etc.
Having a stable crypto that doesn't fluctuate much vs the USD is a life saver for my portfolio.
Plus, I can move and buy coins/token when they dip hard.
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November 02, 2018, 02:22:18 PM
 #5

Yeah.  This is a very sad story, stating that we need to continue to wait until the market starts to grow!
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November 02, 2018, 02:22:26 PM
 #6

Author, you are not alone! I will not go into the details of my losses, because at some point I just lost count! But this is a lesson for all of us, it is a pity that this lesson is so cruel, I hope in the future we will draw the right conclusions!

[
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November 02, 2018, 02:23:47 PM
 #7

I can feel the pain, but many people also have make it from the volatility because they are patient and have a good timing... I believe you can still make it if you don't give up.
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November 02, 2018, 02:28:53 PM
 #8

The topic name should be "Worst year for BUY and HOLD strategy for me damn )" There are many traders who made huge profits on this market conditions



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martin1221
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November 02, 2018, 02:38:28 PM
 #9

So after the bearish market came
I've been holding more alts than BTC/ETH

Coins like COSS, NANO, CND and etc
I been making loss and missing out most of the pump because i sell these coins and convert it to ICON (ICX) which i waited it to be move
So basically after everytime i sold my specific alts, few days later it went 100%   Shocked

NANO, bought at 0.011 ETH i sold at 0.005 ETH, 7 days later, it went up to 0.013 ETH. Hold for almost 6 months and sold, it went up after 7 days.
Same to NANO, COSS

Everytime i sold, within days to 1/2 week
It pumped like crazy

Just like COSS
Sold off 100k at 28 ETH last week
Today 100k COSS priced at 53 ETH

Holy i been making huge losses in 2018  Cheesy Sad Shocked Cool Cool

It happened to me also from some of the coins that I have. I panicked and sold my tokens thinking it is going down hard. Only to realize that the values rise up again after I sold. So to avoid further losses I just made a high sell and buy order and left my coins in exchanges. Just visit it from time to time and see if the values have been reached.
Rameshvijay45
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November 02, 2018, 02:45:47 PM
 #10

Yes I have also be like you when i sell it will go up within 1 week but now I learned patience  is the important in cryptocurrency so now I am be holding as it like.

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cescudero95
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November 02, 2018, 02:48:43 PM
 #11

Everybody has those times.  Reflect on your actions and the results, and learn from it.  Every mistake is an opportunity to learn.  Remember, one key thing that separates the highly successful from the flock is that they never give up, they just learn from their failures.  It's really not sufficiently stressed.

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xuv500
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November 02, 2018, 02:59:06 PM
 #12

The topic name should be "Worst year for BUY and HOLD strategy for me damn )" There are many traders who made huge profits on this market conditions

I guess you are wrong, mate this is the wonderful opportunity to buy and hold. I completely understand how frustrating this will be for you but in trading ups and down are part of a game, kindly wait for few more weeks to make a good return.
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November 03, 2018, 03:37:44 PM
 #13

Trading can be so difficult in this year, market generally are bearish, a lot of wrong are made on daily basis, you sell and market jump, that is why holding is better this time around had it been your are hodler i don't think you would have made such error.
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November 03, 2018, 04:00:09 PM
 #14

Exactly especially last 5 months is like a hell. Everyday we watched our portfolio. And everyday we lost too much money .So yes 2018 also the worst year for me. But i believe everything will be good in the future. Because of that i am trying to think another things. I know bulls will come back. and that time we will be really happy.

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maxim000
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November 03, 2018, 04:08:54 PM
 #15

You should have cut loss if you are into trading. In bear market you can trade on short term ups and downs. Bear market too is good for short term trading. You basically just kept on holding your tokens. I think the coins you mentioned are pretty decent and will break out once we enter the bull phase.
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November 03, 2018, 04:28:22 PM
 #16

It's better to lose right now unlike later, because you will learn from your mistake, you can just regain your profits later if you make good decisions, one of the reason why people like to hodl they just wait for the right time to sell off their coins so they wont lose lose more profit, all it require is just patience.
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November 03, 2018, 04:31:17 PM
 #17

Yes, a whole year damn for crypto, people are crying out loud for the big loses they had in this period, hope that next year will be a great as 2017.
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November 03, 2018, 04:35:03 PM
 #18

So after the bearish market came
I've been holding more alts than BTC/ETH

Coins like COSS, NANO, CND and etc
I been making loss and missing out most of the pump because i sell these coins and convert it to ICON (ICX) which i waited it to be move
So basically after everytime i sold my specific alts, few days later it went 100%   Shocked

NANO, bought at 0.011 ETH i sold at 0.005 ETH, 7 days later, it went up to 0.013 ETH. Hold for almost 6 months and sold, it went up after 7 days.
Same to NANO, COSS

Everytime i sold, within days to 1/2 week
It pumped like crazy

Just like COSS
Sold off 100k at 28 ETH last week
Today 100k COSS priced at 53 ETH

Holy i been making huge losses in 2018  Cheesy Sad Shocked Cool Cool
2018 is the year of sales, you can buy top-end assets at very good prices, and then sell them in 2019 or buy more)), the main thing for me is not to fix the loss.

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November 03, 2018, 04:59:39 PM
 #19

It was not just you I think, many people got loss this year including me.
Let's hope for the best in future bro, I still believe that I can recover my losses in future.
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November 03, 2018, 05:27:35 PM
 #20

I guess many of us experience the same this year. I can feel your pain, the price always rise after we sell. I haven’t been selling any coins this year, let’s hope the marker will be better soon.
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