coinfinger
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March 10, 2020, 06:05:03 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 $60, but I didn't.
So I lost some profits. Farq.
Don’t worry man, this is not the end there is still a lot of opportunities left for you. As a matter of fact the price is already going up and went up by 7.25% in the last 24 hours. Litecoin is one of the coins that correlates with Bitcoin price movement, so I know that there is this possibility that after May BTC Halving when Bitcoin price starts to increase Litecoin will be going up with it alongside other coins like Ethereum and Bitcoin Cash. If you have not sold yet and you’re still holding that money in your wallet I will advise you to keep holding it and not sell yet, there’s still a lot of opportunities left and you will recover everything you have lost soon.
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iamaruf
Sr. Member
Offline
Activity: 1064
Merit: 265
Vave.com - Crypto Casino
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March 10, 2020, 06:58:26 PM |
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In crypto trading this is common.Think if you sold your LTC at 80$ after that if LTC hit 160$,also you regret for that.Now you are regretting for not selling. Actually you shouldn’t regret. Also don’t follow any prediction or signal.
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davesscenario
Newbie
Offline
Activity: 22
Merit: 1
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March 10, 2020, 07:26:59 PM |
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Look at Temtum - its relatively unknown but has just been chosen by Anguilla to run their national currency.
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jacafbiz
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March 10, 2020, 08:52:07 PM |
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Opportunity comes everyday, so do not whine on these miss. Tokens pumped everyday.
Everyone is feeling the impact of these coronary virus now not just the Crypto market. It is just painful that this is happening now when the Bitcoin halving is around the corner.
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sayaya17
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March 10, 2020, 09:10:34 PM |
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If I were so you probably I already sold my LTC at a price of $80, because for me it was profitable enough, and learned from the experience, too greedy in the end will get a loss, as you are experiencing it today and I Have experienced it even often, so I do not want to be greedy nowadays. Once I got a profit, I definitely sell it.
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jossiel
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March 10, 2020, 09:14:29 PM |
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You don't have to predict the future, you have to set yourself at what price you'll start selling. You have missed that opportunity because you're not proactive with your investment but if you have ever set a price to sell before, you are in profit.
And you also have another chance to buy again at lower price because you have made already. It's not yet the end of it, there will be more opportunity in the future and don't commit the same mistake.
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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March 10, 2020, 09:32:45 PM |
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The time and price. These two main dominants are essential for predicting the next move in volatile crypto markets but don't worry there will other opportunities in the next correction mood of the market. The LTC will touch $100 in 5-6 months, so it is still cheap for buying and holding 20% of the affordable altcoin portfolio.
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gundala
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March 10, 2020, 09:34:06 PM |
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You don't have to predict the future, you have to set yourself at what price you'll start selling. You have missed that opportunity because you're not proactive with your investment but if you have ever set a price to sell before, you are in profit.
And you also have another chance to buy again at lower price because you have made already. It's not yet the end of it, there will be more opportunity in the future and don't commit the same mistake.
That's why we have to understand analytical techniques, increase knowledge to be able to do fundamental and technical analysis. If you can learn from someone more expert, or friends who can be invited to discussion. So that in choosing and buying cryptocurrency, we have a strong foundation and planned next steps, not just limited to imagination or wishful thinking and expect price movements according to our wishes. Op also do not easily give up, the OP can learn from that incident that price movements are very difficult to guess, professional and experienced traders can be wrong, especially someone who uses it carelessly. Not enough to rely on luck.
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sulendra12
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March 10, 2020, 09:36:00 PM |
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It's not just you whose missing the opportunity in short span of time. I am as well.
I missed investing on some low and underrated coins which surprisingly really good for just a couple of times, if I could invest it then and I would have had more money to use it for investment in the future. Just remember, everytime you think you do a bad thing, just believe it that there are much worse cases than yours.
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travwill
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March 10, 2020, 10:05:46 PM |
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You don't have to predict the future, you have to set yourself at what price you'll start selling. You have missed that opportunity because you're not proactive with your investment but if you have ever set a price to sell before, you are in profit.
And you also have another chance to buy again at lower price because you have made already. It's not yet the end of it, there will be more opportunity in the future and don't commit the same mistake.
No one can predict the future - you are right. That is why we are all so interested in bitcoin and cryptocurrencies. We do not know exactly what will happen next, but we have great hopes that cryptocurrencies will be able to revolutionize the financial sector.
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Kelvinid
Sr. Member
Offline
Activity: 2828
Merit: 344
win lambo...
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March 10, 2020, 10:26:27 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 is life in crypto and all are unpredictable. That is why we need to keep track of the market movement and tried to analyze it also because if you have noticed it earlier and not being tangled into a holding scheme, you'll certainly be gaining by now. You will have nothing to with that now, you are in a loss and holding is the only way to save it and wait for another month and when coronavirus may be resolved.
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jossiel
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March 10, 2020, 10:29:31 PM |
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You don't have to predict the future, you have to set yourself at what price you'll start selling. You have missed that opportunity because you're not proactive with your investment but if you have ever set a price to sell before, you are in profit.
And you also have another chance to buy again at lower price because you have made already. It's not yet the end of it, there will be more opportunity in the future and don't commit the same mistake.
That's why we have to understand analytical techniques, increase knowledge to be able to do fundamental and technical analysis. If you can learn from someone more expert, or friends who can be invited to discussion. So that in choosing and buying cryptocurrency, we have a strong foundation and planned next steps, not just limited to imagination or wishful thinking and expect price movements according to our wishes. Op also do not easily give up, the OP can learn from that incident that price movements are very difficult to guess, professional and experienced traders can be wrong, especially someone who uses it carelessly. Not enough to rely on luck. I'm not into TA's and fundamentals but I understand the need of it if you are into daily trading. But a holder will always be a holder and has plans with regards to the prices of selling. But I'm looking to the light of OP's situation. That he didn't lose that much despite of the market's bad reaction allover due to several factors.
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South Park
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March 12, 2020, 07:33:41 PM |
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You will earn profits in the future, so no need to be sad when you missed the opportunity. It is a lesson for you in this market, you must be patient and experienced with the market. Ignore it and keep going forward, opportunities are still plenty for us this year
This is the kind of attitude that leads to improvement, every mistake we make should be seen as an opportunity we can use to improve our abilities as traders and investors, as you may guess I have made my fair share of mistakes but I have learned a lot from them and thanks to those mistakes my level of skill as a trader has improved significantly, I still have a lot of room to improve but I have definitely made progress during the last two years.
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Crypto5060
Jr. Member
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Activity: 443
Merit: 2
Theagriverse.io
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March 12, 2020, 08:18:59 PM |
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This is everybody's crypto story. We've once bought a coin, watched it make profit only to watch it lose all of it and even fall below our entry point. It's sad but the future is unpredictable.
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asriloni
Legendary
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Activity: 3066
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
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March 12, 2020, 10:52:57 PM |
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In crypto trading this is common.Think if you sold your LTC at 80$ after that if LTC hit 160$,also you regret for that.Now you are regretting for not selling. Actually you shouldn’t regret. Also don’t follow any prediction or signal.
As long as he has already taken the profit from his investment and that must be fine but when it comes to the different situation when he was facing the lost from his investment and he might also feel regret about that. Signal doesn't matter a lot in this case dude. The fact that he sold in the profit and he must be fine about that.
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Lordhermes
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March 12, 2020, 10:55:33 PM |
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I tell people that crypto trading is having some experience,, amend it and start up again. Its never your fault folk but next time you should take out your gain even if its a $2 value of gain, ofcourse that's trading.
Moreover I regard Litecoin as the high volatility coin,, its rises than expected and falls than expected, so its a perfect coin to hold for the future.
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strunberg
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March 12, 2020, 11:02:40 PM |
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personally i am prefer loss opportunity than lose my money. profit only temporary moment, and my money more important than it. some traders and investors tempted when they see price suddenly drop sharply and looks like cheap, eventhough this is the start of bearish trend. i am sure at this moment there are alot traders loss alot when they feel price already hit bottom.
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Kiefner
Member
Offline
Activity: 921
Merit: 10
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March 12, 2020, 11:06:24 PM |
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If you missed an opportunity then, now is the time to catch up. You have a second chance. So don't miss it and buy crypto while the sale continues.
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FireBallex
Member
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Activity: 462
Merit: 19
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March 13, 2020, 06:19:29 AM |
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The chance to buy altcoins is now, they are insanely cheaper today, o suggest coins with huge market cap not new altcoins, many new projects are already in loss today so choose wisely
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Ken_terrance
Member
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Activity: 574
Merit: 18
Making Smart Money Work
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March 13, 2020, 06:34:18 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.
As you can see today the market value drops again, I bet many are in lose already, there is no way to know that this will happen, no one can predict the future, if one can predict the future the person will be rich, whatever happens be strong
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