Destroyeroff98
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March 04, 2020, 07:47:34 PM |
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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 certainly sympathize with you. But the course of cryptocurrencies has always been and is unpredictable. In the near future, I think that cryptocurrency will increase in value. Do not worry about this.
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bitcoin-shark
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March 04, 2020, 08:06:14 PM |
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no one can predict the market trend or the events that influence it, maybe you had to put your litecoins to trade with leverage and set the sale let's say when the value dropped below $ 70?...
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rdluffy
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March 04, 2020, 08:12:00 PM |
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Don't be mad, you and the rest of the world, 99% missed the opportunity too It's impossible to predict the future
If I know BTC is falling again I would sell every coin to buy again after, but there's a chance to rise again and you'll buy less coins
Be prepared next time and look for indicators, it will take a lot of time, and it's not 100% guaranteed, but you can maximize your chances to earn some money
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doctor877
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March 04, 2020, 08:17:21 PM |
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That's why you need to set points to take profit at intervals as long as you buy very low. That's the secret to making profit. It won't keep going up , so book your profit when it's time to do so.
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nicecrypto
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March 04, 2020, 08:34:32 PM |
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Lol! You should have sold immediately you saw it up to that price, by now you need to understand market movement, price don't stay up for too long without any correction, I believe it will go up soon so don't worry or feel bad, most times people get carried away and ended up losing out on opportunities.
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kindbtc
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March 04, 2020, 08:55:35 PM |
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Please do not mind but this post lacks the maturity and mindfulness, i mean there are dozens of profiting opportunities every week and month and i do not think that anyone can catch them all, secondly you talked about seeing through future, i think no one has that power and if someone had this he would have been the richest person on earth in a day.
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adzino
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March 04, 2020, 09:30:22 PM |
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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.
You didn't lose any profit or make any kind of loss. As long as you are holding your coins and haven't sold any, you haven't made any profit or loss. The price of the coins are falling or rising, not the amount of coins you are holding. Instead of regretting that you couldn't sell the coins when the price was at $80, start buying more coins as the price of the coins crashes. You will be making more profit than before when the price reaches back at $80.
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princerepon
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March 04, 2020, 10:39:49 PM |
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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.
Shit happens bro. I guess every people in this thread faced this situation. It's a part of trading life. In that case you can use Stop-Limit Order. May be this theory can help you to not happen this kinda situation again. In my opinion this year is good for trading and investors so don't blame your self and try to make some right move. Hope halving bring crypto market some good move.
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Google+
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March 04, 2020, 10:43:57 PM |
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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.
Shit happens bro. I guess every people in this thread faced this situation. It's a part of trading life. In that case you can use Stop-Limit Order. May be this theory can help you to not happen this kinda situation again. In my opinion this year is good for trading and investors so don't blame your self and try to make some right move. Hope halving bring crypto market some good move. indeed cryptocurrency price conditions are difficult to predict sometimes when there is an outbreak of a virus like that does not cause panic traders but some cryptocurrency prices fall because too many traders are panicking and if you do ordinary trading then you should not cut to lose because it will make you lose, hold it until the price recovers.
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swivel1983@gmail.com
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March 04, 2020, 11:02:04 PM |
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I had a lot of these moments. This is completely normal. You can't know everything for sure. So don't blame yourself. Just keep trading further.
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leowonderful
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Bitcoin FTW!
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March 04, 2020, 11:25:20 PM |
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No need to worry. I can point out an infinite number of mistakes I've made in the past, but there's no way you can change the past. It's been done and it's over. What you can do, however, is think about what led up to whatever unfortunate event that occurred to you and think about how you could prevent something similar from happening in the future. Learn from your mistakes, but don't mull over them too much. Nobody's perfect, and that's fine if not expected.
On the bright side, there's also an almost infinite number of possibilities to make profit in the future that might be even bigger than what you just missed out on. Keep your eyes open for them!
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Asuspawer09
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March 04, 2020, 11:49:59 PM |
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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 $60, but I didn't.
So I lost some profits. Farq.
I think this is a good opportunity for you to invest in bitcoin since the market price is dump to 8k$ from 10k $, in my opinion, this is a good opportunity because the price is surely going to pump in the coming months considering there is a bitcoin halving event. Also, the bitcoin demand is already there so for sure your investment, you will not be going to lose profit anyway if you are not going to sell your bitcoin for most of the time people will sell their bitcoin or lose hope in the token if the price drop if you are not going to hold your bitcoin for a long term until the market pump surely this is going to be a profit loss to you.
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kaya11
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March 04, 2020, 11:50:30 PM |
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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 absolutely normal on all of us, if everybody who bought coins can see that future than who would lose? It happens. We can only predict but it's right all the time. I had so many experience this and in so many different coins, I bet most of us here, so chill.
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lienfaye
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March 05, 2020, 12:03:43 AM |
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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 only we can predict the price then this kind of scenario wont happen but unfortunately we cant do that. Sometimes we are thinking price increase is an indication of bull run so we are not selling but its not the case. Hence its better if you gain profit already sell then buy back once the value decline. Nevertheless you dont need to feel bad about it because there's a high chance the price will bounce back again to $80 or beyond so just be patient.
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princesspoppy
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March 05, 2020, 01:39:21 AM |
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Trading is really unpredictable but it's fine cause you just missed a profit opportunity but you still have your litecoin in you, so you still have the chance to make a profit. As long as you hold you coin and not dump it at a lower price than you've bought it, you wouldn't say you losed profit. You just have to be patient in waiting for the next opportunity.
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Valzador
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March 05, 2020, 02:06:53 AM |
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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.
Losses due to not being able to guess the future is a natural thing, it is very clear if you can predict your future will become a millionaire now. Stop complaining and learn to read momentum. https://blockgeeks.com/guides/learn-how-to-read-crypto-charts/
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matchi2011
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March 05, 2020, 02:12:52 AM |
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This kind of experienced will teach you how to anticipate and be more accurate from your assumptions, there's no need to blame yourself since you are aiming for much better position before selling your assets. What you can do now, if you have spare money to invest you can position yourself and add some more so after this correction you'll be able to catch more profits when the market bounce back.
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Kemarit
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March 05, 2020, 04:57:44 AM |
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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.
You just have to look at the bright side mate, yes, I agree that you could have made a good profits there, but who knows, maybe after the Bitcoin block halving we will see Litecoin moving to the $80 range again. Of course, it was really an unexpected event, the corona virus pandemic did really damage most of the markets globally. Just take this one with stride and charge it to experience. Still lots of day to trade and make profits so just be calm and collected, no need to shit on your pants.
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strunberg
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March 05, 2020, 05:01:15 AM |
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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.
no need to worry if you hold litecoin which is as major coin in crypto market.its price will rise again in near future when all fundamental support crypto market. we know if current price compared with all time high its really cheap now , and hold for long time will make your assets value increase again .
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michellee
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March 05, 2020, 07:37:17 AM |
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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.
no need to worry if you hold litecoin which is as major coin in crypto market.its price will rise again in near future when all fundamental support crypto market. we know if current price compared with all time high its really cheap now , and hold for long time will make your assets value increase again . Yeah, it will be another time for him to sell his Litecoin at another high price because that time will come again after we see bitcoin price increase soon. It will give effect to the other coins to increase, and in that time, maybe we will see Litecoin will have a chance to reach the higher price. And now, Litecoin back to $61 again, and I think he can buy more Litecoin to get more amount of Litecoin, so if the price of Litecoin can increase, he will make a bigger profit from Litecoin. But if he doesn't want to buy more Litecoin, he can wait for a while until the price can increase.
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