what is your unforgettable experience in trading?

[jahepahit]

My own was a token I bought back then to make a double of my investment and I saw the value dropping and I didn't cut my loss. After a while the token value began to reduce by half at every time it dumped till it went to very low price. I was baffled and made further findings and saw that the team was the one dumping their tokens. I learnt a great lesson to never buy a token that has only one market or trading in on my one exchange.

[coiner-88]

I truly feel that truth be told, not many individuals could endure with that. In some cases even with experience you actually got sincerely influenced by how the market moves consequently terrible choice. In spite of the fact that there are a few people who instruct and direct you, for me Experience is as yet the best learning strategy that we can use in our day by day works uncommonly in crypto exchanging .

[dezoel]

I think a lot of unforgettable experiences has happened in the past 6 months or so, people have seen from 10k levels to 24k+ levels in the last 6 months, hell if we take it from 9 or so months ago, we have seen under 4k and over 24k, that is over 6x increase in just one year in the biggest coin.

I can't believe the amount of increases we had inside this year, I don't know how many people bought from the bottom and still hold today, I am sure there must be some, not the majority but more than we assume, people think only a handful of people hold that kind of money but I know that there are tons more. However this is going to obviously take a bit more time before we could hear from them, they will however share it over the next few years, especially when they get out because most of them are still holders, if they sold they probably already talked about it.

[Benefactor]

Exchanging is actually intellectually debilitating and I truly imagine that truth be told, not many individuals could hold on for that. Some of the time even with experience, you actually got genuinely influenced by how the market moves in this manner terrible choice. I truly committed an enormous error and I just accuse myself since I began to exchange without having information and a great deal of encounters. This isn't just about purchase and sell, short or long, however it is tied in with anticipating and dissecting the market.

[Distinctin]

Mine would be the massive dumps I experienced as newbie in Crypto trading. I probably thought the market won't recover. I later realize that dumps like that (or extreme price volatility) were normal occurrence in Crypto. I then adjusted my risk by trading with what I could afford to risk till I started making fairly consistent profits.

I remember also in my past experience price dumps are usually the things i am afraid of because i thought it would made me a loser instantly only to find out that price dump is needed so we can buy more and invest more. I am also a victim of greed. I never sell my coins because i thought the price will keep on surging. But then the price went dump suddenly and lose my expected profits. Experience is really the best teacher not just in trading but in all aspects of investment.

[boyptc]

My own was a token I bought back then to make a double of my investment and I saw the value dropping and I didn't cut my loss. After a while the token value began to reduce by half at every time it dumped till it went to very low price. I was baffled and made further findings and saw that the team was the one dumping their tokens. I learnt a great lesson to never buy a token that has only one market or trading in on my one exchange.

Lesson learned.

This is why many projects are not good to invest in. Just because they are offering it on the sale and they have good promises, that's not an assurance that you should invest in it.

I've seen many times that there were complaints of investors that their tokens were dropping mainly because of the devs first dropping it and selling it for their own benefit. It is very unethical that they take advantage of their investors when their main purpose and plan is to dump it all at once.