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Author Topic: How do you cope with missing easy money making opportunity?  (Read 230 times)
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May 25, 2020, 07:18:10 PM
 #21

Ok, so yesterday a coin I was holding, pumped.

The project and team sounds legit but since there was no product live, and from several past experiences I figured this rise is gonna be short lived.

It was true. But, I didn't sell (analysis paralysis), lost the opportunity. Feels like shit.

Life feels like a constant roller coaster of replacing one regret with another.

Greed kicked in. It happens to the best of us.

Sounds like you're bagholding and missed a chance to get out on the exit pump? When waiting for an opportunity like that, I prefer to have shitcoins deposited and already in orders on the ask side. No hesitation. I held too many bags through 2014 and 2015 to make those kinds of mistakes again. Depending on altcoin market conditions, it can take months or even years for another chance. Not sure what kind of capitalization you're talking about, but some small coins will even get de-listed while you're waiting. Lips sealed

The markets are in a very interesting place. If BTC breaks above $10.5K it could trigger a big crypto bull market. Then you'll have plenty of altcoin opportunities.

I didn't want to exit, and the coin is still at a good price. All I wanted to do was sell at yesterday's peak so I could buy back today at lower price, increasing my holdings.


That means you wanna accumulate. Thats a good way to make money but you may wanna see to it that you have a right coin instead not an altcoin which doesn't fluctuate everyday. If accumulation is what you want, then perhaps you need to switch to BTC/USDT instead. Accumulate BTC not altcoin.


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May 25, 2020, 08:51:37 PM
 #22

Ok, so yesterday a coin I was holding, pumped.

The project and team sounds legit but since there was no product live, and from several past experiences I figured this rise is gonna be short lived.

It was true. But, I didn't sell (analysis paralysis), lost the opportunity. Feels like shit.

Life feels like a constant roller coaster of replacing one regret with another.
It is not always easy to give advice to people who have done everything right but still failed. Sometimes life is like that and you can't run away from losses, it just happens and you have to learn to cope with it. It is not easy, it takes time, but when enough of it happens you get used to it basically. It is not a coping mechanism, it is just how life works and over course of years (or maybe even decades) there are some that still angers you and upsets you but it becomes rarer and rarer with time.

Same goes with getting scammed, everyone gets scammed at least once in their life, if you have already doesn't mean you never will, if you never have that only means yours is waiting you in your future. Just take the loss and move on and try to not to do the same mistake again.

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May 25, 2020, 09:30:06 PM
 #23

I guess, that happened to everyone in this community. I mean who would be able to know the peak of that specific coin we're holding once it pumped.
I was once holding a coin early in 2018 which cost $0.002.. then a month after it pumped to $0.04... didn't sell, waited for it that it might get to a dollar a piece. But, no and I missed it forever lol.
So, I think it's always better to sell at a good price position rather than waiting for more. Being greedy does a lot of mess.

R


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May 25, 2020, 10:35:11 PM
 #24

Ok, so yesterday a coin I was holding, pumped.

The project and team sounds legit but since there was no product live, and from several past experiences I figured this rise is gonna be short lived.

It was true. But, I didn't sell (analysis paralysis), lost the opportunity. Feels like shit.

Life feels like a constant roller coaster of replacing one regret with another.

If you do let your greed control you from time to time then you will surely end up on the same situation again and again.Be contented when you do already gain and dont ask for more pumps because this is mostly the scenario on where people do end up on regretting because they had missed out that selling opportunity.

This isnt some like wayback in 2017 where price can shoot up on thousand multipliers which means gaining some considerable percentage would really be worth to cash out immediately before its too late.You should learn on your past mistakes and you shouldnt repeat it if you do encounter the same
situation along the way.

Just have some goal in talks of profit and dont ask for more.Getting fomo'ed is common but you should be wise on this kind of market for you
to be profitable.

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May 25, 2020, 10:53:56 PM
 #25

I guess, that happened to everyone in this community. I mean who would be able to know the peak of that specific coin we're holding once it pumped.
I was once holding a coin early in 2018 which cost $0.002.. then a month after it pumped to $0.04... didn't sell, waited for it that it might get to a dollar a piece. But, no and I missed it forever lol.
So, I think it's always better to sell at a good price position rather than waiting for more. Being greedy does a lot of mess.
That is because we are expecting more rather than to be contented of what we've got. We saw that it pumps but wondering we want more and still holding.

I believe that everyone has suffered the consequences of being greedy and we are blindly enough to see the truth in the volatility market. But we are able to accept it knowing that we'd never end up and try to correct the wrong market perception. We have to change our mindset and to take advantage of every time that the market will pump rather than losing it.



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May 25, 2020, 10:55:07 PM
 #26

Ok, so yesterday a coin I was holding, pumped.

The project and team sounds legit but since there was no product live, and from several past experiences I figured this rise is gonna be short lived. It was true. But, I didn't sell (analysis paralysis), lost the opportunity. Feels like shit. Life feels like a constant roller coaster of replacing one regret with another.

situations like that happens a lot in this space and personally I've sold tokens at a less cheaper prices that it rose to almost a stable price of about 100% increase and at thesame time, I've Holdl some tokens that got dipped beyond imaginations but i always find solace in the general fact that say; "you can't always win" and to be honest, nature cannot provide anyone to be winning always

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May 25, 2020, 11:39:28 PM
 #27

What you experience with losing opportunities for making money is often experienced by all of us. Which is always remembered by me
when the moment of bitcoin and altcoins reached the price of all time high in 2017, I and many people missed the opportunity to earn
profit at that time. An easy way to deal with this is that we just hold the coins until the pump returns, because if the coins dump
will definitely pump again. We just need to be a little patient.

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May 26, 2020, 02:40:52 AM
 #28

What you experience with losing opportunities for making money is often experienced by all of us. Which is always remembered by me
when the moment of bitcoin and altcoins reached the price of all time high in 2017, I and many people missed the opportunity to earn
profit at that time. An easy way to deal with this is that we just hold the coins until the pump returns, because if the coins dump
will definitely pump again. We just need to be a little patient.

It is not like that, most of those 2017 projects are dead and will never return.

Anyway, I appreciate you all for taking time to comment. I have gotten over it and locking the thread, thank you!

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