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Author Topic: DAMMIT, I missed another profit opportunity!!!  (Read 983 times)
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March 04, 2020, 01:36:06 PM
 #1

I bought more Litecoin at $61 a few weeks ago, then watched its price rise to the low 80s.

Then everyone started shitting themselves over this Corona Virus bullshit, so the price retreated to $60 again.  If I'd been able to predict the future I'd have sold at $80 and bought back in at $60, but I didn't.

So I lost some profits.  Farq.
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March 04, 2020, 01:38:36 PM
 #2

Do not blame yourself for this, no one can predict what to come, you would have honestly make cool profits that way but at the same time you can start blaming yourself if price keep increasing, LTC is a good coin to hold, the time will come again, maybe after way and it will be better

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March 04, 2020, 01:47:19 PM
 #3

I sold Bitcoin at 9150$ weeks ago and Bitcoin hits over 10k, I was with my USDT all this while hoping Bitcoin will fall so I can buy more Bitcoin but I never thought Bitcoin will hit 8400$, I regret not having enough patience,  Sad I buy back at 9150$ again, trading is unpredictable

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March 04, 2020, 02:32:11 PM
 #4

I bought more Litecoin at $61 a few weeks ago, then watched its price rise to the low 80s.

Then everyone started shitting themselves over this Corona Virus bullshit, so the price retreated to $60 again.  If I'd been able to predict the future I'd have sold at $80 and bought back in at $60, but I didn't.

So I lost some profits.  Farq.

Not only you. Many even holding btc at af 10k levels and even eth at 269 price but the market is clearly unpredictable. This is cryptocurrency and knowing how volatile it is will make us regret for not selling. If youre a trader then that's a huge loss but if your a holder then dont mind it. There's no loss incurred as long as you dont sell it. By the way, do you use spot trading, margin or future? If also I knew I already made some $400 profits out of my holding when I sell last time the price is good.
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March 04, 2020, 02:40:28 PM
 #5

I sold Bitcoin at 9150$ weeks ago and Bitcoin hits over 10k, I was with my USDT all this while hoping Bitcoin will fall so I can buy more Bitcoin but I never thought Bitcoin will hit 8400$, I regret not having enough patience,  Sad I buy back at 9150$ again, trading is unpredictable

Therefore, when we are going to sell or buy, we have to see the movement first because a layman if there is a slight increase wants to sell it and doesn't even care about the future, so there is regret.

I think buying at $ 9150 isn't enough to worry because in the next few weeks bitcoin will increase too as long as you are confident in your grip.

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March 04, 2020, 02:48:13 PM
 #6

I bought more Litecoin at $61 a few weeks ago, then watched its price rise to the low 80s.

Then everyone started shitting themselves over this Corona Virus bullshit, so the price retreated to $60 again.  If I'd been able to predict the future I'd have sold at $80 and bought back in at $60, but I didn't.

So I lost some profits.  Farq.


These things happens, you can always have it figured out, neither will every coin you buy end up as a profit for you, It's okay for you to consider it a lost simply because you could have increased your holdings, but you couldn't have known that the $80 would be it's peak for the price retreated back to $60. It's best you keep your holdings ahead of the next increase and don't be in a haste to sell to avoid selling it cheaply.

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March 04, 2020, 03:41:01 PM
 #7

I bought more Litecoin at $61 a few weeks ago, then watched its price rise to the low 80s.

Then everyone started shitting themselves over this Corona Virus bullshit, so the price retreated to $60 again.  If I'd been able to predict the future I'd have sold at $80 and bought back in at $60, but I didn't.

So I lost some profits.  Farq.

Leave it because it has already been missed by you so you have to start with extreme caution increase your confidence while doing what you want it to.

Now is Litecoin $ 60 have you bought it back or will you wait for it to come down again? because the opportunity to rise to $ 80 is very good especially since this will be approaching halving will certainly be a positive increase for other altcoins.

R


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March 04, 2020, 03:42:57 PM
 #8

I bought more Litecoin at $61 a few weeks ago, then watched its price rise to the low 80s.

Then everyone started shitting themselves over this Corona Virus bullshit, so the price retreated to $60 again.  If I'd been able to predict the future I'd have sold at $80 and bought back in at $60, but I didn't.

So I lost some profits.  Farq.

I know that feeling... As you say, would be nice if we could read the future. It happens to me with ETH in the past weeks, it reaches $270 and now is back to $230. So, feeling like i lose some mone just because i didn't get down from the train at the right time.

But I feel it will bump again, the halving is getting closer, so, something special should happen.

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March 04, 2020, 03:45:22 PM
 #9

I feel you bro, we missed the opportunity to earn profit. There is nothing we can do but to hold our coins to earn profit in the future. This time we should keep monitor the prices of our coins so that we don't miss to sell at high price.
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March 04, 2020, 03:53:53 PM
 #10

you worried about not making a profit, but the main thing is that you have not lost your money. you could not guess that the coronavirus will affect financial markets, so do not worry. you will make your money a little bit later.


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March 04, 2020, 04:38:15 PM
 #11

If you sold at $80 and the price hit $100, you would still regret here that you could have gain more. It prooves that you are very new in this field.
Having said that, "A bird in hand is worth two in the bush." So, it's better to have some cash than the potential huge cash.
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March 04, 2020, 04:54:34 PM
 #12

You aren't really at loss until you sell your Bitcoin, just hold because very soon the price will increase better, halving is now two months away, let's wait as see how that goes

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March 04, 2020, 04:57:36 PM
 #13

I bought more Litecoin at $61 a few weeks ago, then watched its price rise to the low 80s.

Then everyone started shitting themselves over this Corona Virus bullshit, so the price retreated to $60 again.  If I'd been able to predict the future I'd have sold at $80 and bought back in at $60, but I didn't.

So I lost some profits.  Farq.
IMO,corona virus is the main reason for prices increased.So don't think this speculation is the reason why price fell but remember still gold price is increasing so chances of cryptos as well so don't lose your hope and keep on holding.









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March 04, 2020, 05:22:57 PM
 #14

I bought more Litecoin at $61 a few weeks ago, then watched its price rise to the low 80s.

Then everyone started shitting themselves over this Corona Virus bullshit, so the price retreated to $60 again.  If I'd been able to predict the future I'd have sold at $80 and bought back in at $60, but I didn't.

So I lost some profits.  Farq.
That's fine, don't think hard about it,

I am also in the same situation as you, I am currently holding ethereum and I wasn't able to sell while it is at $270 last month. So, instead of having a profit, I disregard it and keep on holding.

But think of the positive side, you didn't lose money but you just lose the opportunity to make some profit. You can still have another chance, cheer up.


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cabron
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March 04, 2020, 05:39:06 PM
 #15


So they say better luck next time. You know the chart will always tell the truth even in Feb10-Feb13 the LTC market had been that high so you should expect the price to also dip after that. But you shouldn't just join drag the price down when you are not watching the market closely.

You can wait for another opportunity. There's plenty more if you hold til it bubbles up to ATH again.

ballerin and giroud
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March 04, 2020, 05:44:26 PM
 #16

Just stay calm dude, there will be another pump. This is the advantage when you invest in cryptocurrency, you will have another chance to get profit as you wanted. If I compare with stock market or like forex it can't do that. If I am late to sell then I will lose it and I never have any chance to get peofit again. But in cryptocurrency maybe you only need more patient. There is many thing will be happened in the future, and if I talk we are in same situation. I was late to sell XRP at $0.3 a few days ago because now its price has back to original price when I bought around $0.27.
Mahanton
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March 04, 2020, 05:56:26 PM
 #17

I bought more Litecoin at $61 a few weeks ago, then watched its price rise to the low 80s.

Then everyone started shitting themselves over this Corona Virus bullshit, so the price retreated to $60 again.  If I'd been able to predict the future I'd have sold at $80 and bought back in at $60, but I didn't.

So I lost some profits.  Farq.

I know the feels man and you arent alone on experiencing such thing where missing out profits on a particular time due to some reason
either you are still aiming for more or  just missed out because you have forgotten or simply do held up for long term.
Ive experienced lots of situations like this but better to move on and dont stress out yourself into those potential profits
because it will just mess up your further trading analysis.Just continue on what you are doing and do learn into those mistakes but
i do say that this one is unavoidable because of speculative characteristic of this market.

R


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March 04, 2020, 06:21:11 PM
 #18

I bought more Litecoin at $61 a few weeks ago, then watched its price rise to the low 80s.

Then everyone started shitting themselves over this Corona Virus bullshit, so the price retreated to $60 again.  If I'd been able to predict the future I'd have sold at $80 and bought back in at $60, but I didn't.

So I lost some profits.  Farq.
If you bought on that amount few weeks ago I am sure it will the same quantity of Litecoin you have but the value has been decreased and that is not a problem if you are not selling it under the price from the date you have been purchased. I did not have doubts about Litecoin because that was a potential coin. If you are patiently willing to wait for the right time and gain profit when the market pump up that is a great achievement of yours. Buying and selling potential coin needs a perfect time, that's why we have technical analysis to predict the possible next move of price.

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Anonylz
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March 04, 2020, 06:48:02 PM
 #19

I bought more Litecoin at $61 a few weeks ago, then watched its price rise to the low 80s.

Then everyone started shitting themselves over this Corona Virus bullshit, so the price retreated to $60 again.  If I'd been able to predict the future I'd have sold at $80 and bought back in at $60, but I didn't.

So I lost some profits.  Farq.

Yeah I know the feeling, it is always like this, you thinking the price will keep going up but not knowing correction time is already setting in,
It really sucks to know you could have sold at that price and re-buy below, increasing your holdings at the same time,
Well Can't do nothing about it now, this is market, sometimes you get it right and sometimes you don't, maybe next time you will get it right.

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lisasteca
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March 04, 2020, 07:36:06 PM
 #20

I would not trade i am not good on that, everytime i tried trading i lost something, better to keep a coin for a long term profit. Anyway i am happy for you mate.
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