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Author Topic: DAMMIT, I missed another profit opportunity!!!  (Read 981 times)
xvids
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March 05, 2020, 10:02:57 AM
 #41

It happens to every trader who doesn't have some goal and cut loss.
This always happen to me back then that is why I got tired of trading before.
But I started to learn how to control my greed and to trade properly don't let your emotion control you and don't ride the FOMO and FUD so you wouldn't fall victim of the sudden pump and dump.

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March 05, 2020, 10:18:28 AM
 #42

Some situations are worse than what you had so don't lose hope. Cryptocurrency is volatile so there's always an opportunity for you to take the profit that you want but you have to deal with the changes. It could still rise up especially that LTC has huge potential so it will still be early for you to regret. Just be observant and wait for it to pump again. Most of us have that kind of experience.
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March 05, 2020, 10:52:31 AM
 #43

Price of crypto currency is volitle thats why price of this are not stable thats why if you have some profit much better to sell this immediately.  And also always set target selling price so that you will get profit and also buy at cheap always if you don't have any plan to hold and sell when price increase more.
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March 05, 2020, 10:56:54 AM
 #44

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.

People need to believe that crypto is NEVER predictable. Sorry for your loss mate. From now you need to apply caution and know when to take profit. Let me not say greed is part of what caused your loss, but most traders transact based on greed. I am not an exception. I also lost much from trading Litecoin recently.
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March 05, 2020, 11:08:21 AM
 #45

You're not the only one mate.
I really know how you feel right now and how frustrated you are. I also missed the chance to make a profit by selling before the price of every crypto in the market drops.
Crypto is really unpredictable, so, just move on and make your preparation for this coming bull run.

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March 05, 2020, 11:15:59 AM
 #46

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.

Don't be sadden by it, that's one of the things associated with the crypto space everyone must abide and live with, unable to live with situations like this will only make it more harder for the person. The best thing is to overlook and continue holding if you wish or exit and enter another coin which might give you profit. Another thing is, Litecoin is not a shitcoin where you wil be afraid of losing out; the whole market is reacting to this sad event and when the market turns for good, everyone good coins will appreciate in value.

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March 05, 2020, 11:27:43 AM
 #47

You're not the only one mate.
I really know how you feel right now and how frustrated you are. I also missed the chance to make a profit by selling before the price of every crypto in the market drops.
Crypto is really unpredictable, so, just move on and make your preparation for this coming bull run.
I agree bro. A lot of great opportunity that I missed to and 2017 is the biggest were I haven't a chance before to buy some alts since I have to money to invest with. I don't even know how to trade properly that time even now. It takes a lot of time to analyze the market if it will go or down and some people have that advantage because they know how to trade properly.

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March 05, 2020, 01:13:26 PM
 #48

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.
Regardless of the coin in the portfolio, many lose their profits.The market is volatile and unpredictable, so do not be discouraged.There are a lot of people like you on the market.I'm like that myself.Alas I am not Messing Wolf.



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March 05, 2020, 04:10:26 PM
 #49

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 probably should have sold some of your coin when it touched 65 or 70. . and sell a bit more when it moved up further. If it moves down instead, you buy more, expecting that it will move up again, to enable you sell and make some profits.
 I actually prefer buying/selling little by little rather than buying/selling everything at once.
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March 05, 2020, 04:20:17 PM
 #50

Don't blame the people who talked high about the coronavirus, that was really hard time, people kept dying everyday! Rather I think Bitcoin price has increased because of Coronavirus! Therefore you should know the pump and dump are very common in the crypto market, so, you just missed a single opportunity, wait a few days more, you will see again dump in LTC!

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March 05, 2020, 06:03:33 PM
 #51

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 you do not need to regret and blame others just because you have lost the opportunity to profit, in fact this is the weakness of the traders where they do not have confidence in making decisions, so that, when the negative issues circulate certainly make traders become frightened and in the end think to look for safe ways to save money and basically many aspects that affect the movement. Crypto prices on the market so traders must really understand how to analyze these price movements to make the right decision.

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March 05, 2020, 06:20:10 PM
 #52

that's the usual thing to happen, friend. don't blame yourself. everyone also regrets not selling when the price of bitcoin reaches $ 10500 and buying again at $ 8600. however, we cannot accurately predict. Well, I think that soon the price will go back up, you can choose that option, sell again at $ 80, or keep waiting. however, at the moment I feel that the price of crypto will reach a high price.

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March 08, 2020, 08:36:11 AM
 #53

more that i like, I prefer to buy cryptocurrency, when prices are dump free and the profit is clear and just waiting for prices  go to the moon like 2 years ago, sir

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March 08, 2020, 09:07:36 AM
 #54

The best thing you can do now is to wait until the price goes above your buying price and take profit. This is the reason why we all say it is difficult to guess what the price of crypto will be like. Any slight news can have great impact on the price of the coin. The same thing happened to me few weeks ago. Now when I take profit, I convert back to usdt and wait for the price to fall and buy back and chill again for a while .
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March 08, 2020, 09:16:11 AM
 #55

You should already know the risks when trading or investing, this is common and you must be prepared to accept everything. Make this a lesson so that you can get profits or at least be able to minimize your losses. Don't be afraid, I think Litecoin will touch the price you said just wait. Wink

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seamusdorakos
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March 08, 2020, 09:32:44 AM
 #56

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.
Let me ask you one simple question - if you would have sold at $80 mark, but ltc kept rising up to $100 instead of falling to $60.
Would you write same post in this thread about losing your profits?
As many people already said here - you can't predict anything in the future, but you can work out profitable and safe strategy to cash out your profits out of most of investments
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March 08, 2020, 09:35:00 AM
 #57

Well its a common problem in investment. Sometimes you get profits and sometimes you dont. Just take that as an experience so you will improve yourself in investment. Next time you will be more wise to making a decision good luck bro.

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March 08, 2020, 09:59:54 AM
 #58

The best thing you can do now is to wait until the price goes above your buying price and take profit. This is the reason why we all say it is difficult to guess what the price of crypto will be like. Any slight news can have great impact on the price of the coin. The same thing happened to me few weeks ago. Now when I take profit, I convert back to usdt and wait for the price to fall and buy back and chill again for a while .
Gaining more experienced so will be more relaxed when trying to scalp the coin that you wanted to pick and position yourself.
Investment to this industry really hard if you don't have enough knowledge within the business that you are placing your money
take time and let that experienced teach you to assess more deeper.

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TheClownSong
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March 08, 2020, 10:13:22 AM
 #59

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.

Things like this often happen to every trader and I think this happens because of greed. If we really intend to trade, I think 20% or 10% profit is more than profitable. I have often experienced this kind of experience but I think we can learn from that experience

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March 08, 2020, 10:39:38 AM
 #60

You can try to buy other bigger coin and get lucky with much profit after missing buy litecoin, I think many possibility with other coin to get much profit and have bigger chance to get profit too when getting correct coin and good time for buying.

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