what is your unforgettable experience in trading?

[davinchi]

I just remembered the time when I invested into some miner coin, can't remember the name right now but these were some people who sold some tokens, it wasn't even blockchain based or anything, like it was literally just server side on their website lol, and you paid them regular fiat money and they sold you their token and in return you made a share of the mining profits.

Upside is, it was passive income without working, and the more money you made, the more you could use it to buy more tokens, plus they were capable of growing their hash rate the more people invested. Downside was... they took the money and left with it . It was so obvious that it was a ponzi scheme dressed as a cloud mining operation, I don't know why I fell for it, normally I am not someone who believes in these things.

[BTCappu]

The saying is very true to me that you will only learn from your own experience and not from the others advice.

I think it is not bad to get advice from others yeah they maybe fraud or something but not all peoples are like that. The tip here is that when you got advice don't just follow or believe through with it but rather verify and make a few research if it is legitimate or not. Remember no man is an island, your common knowledge is not sufficient enough so don't be afraid to ask for a bit of advice.

I actually stopped listening and following advice from market because honestly most of the articles on the web are paid and sponsored and telegram we all know how rubbish it is to even believe someone there.

There are various tokens which I purchased in past because everyone was hyping them and some even the big guys like John Mcafee was promoting but they all turned out to be pure scam and the funniest thing is we cannot do anything despite knowing their names and profiles because they are not responsible for prices, they say. They are only responsible for the product which they made, no matter how bad it is.

[marcous]

I was investing on the wrong exchanges.  Maybe overly trusting friends isn't good either.  we must keep considering or research the coins and the exchanges.  And the most important thing in trading is not to be greedy when you want to take profit.  not all can match expectations.  we must have a target for SL.  as long as it can be profitable, please take your profit.  Since the market is currently very volatile, it is unpredictable to reach the desired target.

[Timmzzy]

I am just a beginner in trading, before it all started I was just reading here and trying to get some hint on how to trade. I also wanted to learn in trading so that even if I was just at home i am also earning, i thought it's easy to do but i'm wrong. I was happy when I increased my token due to trading (buy and sell) and I tried to increase it again and bought the order again, but my token was left in the buy order and the token's value suddenly went up. I panicked and suddenly even though the value was high I still tried to buy, because I thought I might lose if I left my buy order because it was vague to be reached again because it was too high. And the result was only 1/4 of my total token left to me .. I was very sad but I couldn't do anything but to move on, and learn from my experience. The saying is very true to me that you will only learn from your own experience and not from the others advice.

So they also said experience is the best teacher in life. And it's a nice thing you took the bold step to do this Trading your self rather than waiting someone to. Many don't even know how to buy and sell a token (coin) even with the lots of lectures her or she might have had.

[goldade]

I am just a beginner in trading, before it all started I was just reading here and trying to get some hint on how to trade. I also wanted to learn in trading so that even if I was just at home i am also earning, i thought it's easy to do but i'm wrong. I was happy when I increased my token due to trading (buy and sell) and I tried to increase it again and bought the order again, but my token was left in the buy order and the token's value suddenly went up. I panicked and suddenly even though the value was high I still tried to buy, because I thought I might lose if I left my buy order because it was vague to be reached again because it was too high. And the result was only 1/4 of my total token left to me .. I was very sad but I couldn't do anything but to move on, and learn from my experience. The saying is very true to me that you will only learn from your own experience and not from the others advice.

Experience, they say, is the best teacher but I so much believe it should be experience of others and not mine. That way I know what not to do.
I am sure every successful trader out there have experienced losing out on trades on several occasions. It is, however, imperative that one not only learn from one's mistakes and experiences but from other's especially.
When you learn from other's mistakes and experiences, you're are less like to make them yourself and as such reducing your losses.
My unforgettable experience in trading, though fortunate, was when I made quite a lot of money, about $1500 in a trade in less than an hour

[Boov]

I was investing on the wrong exchanges.  Maybe overly trusting friends isn't good either.  we must keep considering or research the coins and the exchanges.  And the most important thing in trading is not to be greedy when you want to take profit.  not all can match expectations.  we must have a target for SL.  as long as it can be profitable, please take your profit.  Since the market is currently very volatile, it is unpredictable to reach the desired target.

Same here mate, I was wrong with hodling and investing to a new coin previous years because it crash down during bullrun. It made me stressed seeing my asset turn out invaluable until now, and I am hoping that altcoins will soon recover. My trading experiences was indeed a colorful days that turns into disappointing moments when bearish market really pulled over all the assets I had.

[kawetsriyanto]

Losing funds because of only following the free signal from the group. This is absolutely a mistake because this was my last experience of trading crypto. This can be a very good lesson where before trading, we must learn first about how to be a good trader, learning about the graphic and chart, and also market volatility and liquidity. All information in the market will be worthy to learn because we really need it to analyze. In this case, we can also see how the next way of trading. This is not only about buy and sell, short or long, but it is about predicting and analyzing the market. It is enough to lose that money like that

[pankowri]

Feel nice to know about everyone's experience in trading unforgettable. It could happen once or more during business life. Unforgettable experience makes a man strong and helps to protect him from collapse. I haven't experienced as like that yet. So other experiences will help me to avoid this type of mistake.

[Oshosondy]

I can not forget what happened recently to me, I was able to learn margin trading, I traded litecoin immediately, I sent 125 USD to my margin account, and used it to borrow $1250 worth of litecoin. Litecoin was at $64 at that time, the liquidity price was at $60. Litecoin falled not long after, it decreased to $58 and my fund was liquidated. But after the price fall to $58, the $90 rally of litecoin started, what could have turned into profit for me.

[BALIK]

I can not forget what happened recently to me, I was able to learn margin trading, I traded litecoin immediately, I sent 125 USD to my margin account, and used it to borrow $1250 worth of litecoin. Litecoin was at $64 at that time, the liquidity price was at $60. Litecoin falled not long after, it decreased to $58 and my fund was liquidated. But after the price fall to $58, the $90 rally of litecoin started, what could have turned into profit for me.

That indeed is a painful experience. To my opinion margin trading can be profitable but equally risky and in your case the market dynamic has messed up your plan entirely. Interestingly though this move should have been accounted for initially - at least you learnt a lesson the hard way.

[palle11]

I can not forget what happened recently to me, I was able to learn margin trading, I traded litecoin immediately, I sent 125 USD to my margin account, and used it to borrow $1250 worth of litecoin. Litecoin was at $64 at that time, the liquidity price was at $60. Litecoin falled not long after, it decreased to $58 and my fund was liquidated. But after the price fall to $58, the $90 rally of litecoin started, what could have turned into profit for me.

What an experience you had on that litecoin dropping but that is also the way margin trade can be a disadvantage to your trade. It falls on you when the price drop then you see how you have made your trade a trap to fall. Margin trade is risky anyway, becarefull for next time.

[bearexin]

Honestly if you have been in crypto world for a long time, everyone has multiple stories at least, from very old times when I forgot my bitcoin wallet and moved on and when came back couldn't find it, to times when I was capable of mining bitcoin with a simple laptop, to now to these days where I was lucky to have some bitcoin during 19.2k period a few days ago before the drop and sold it, and price dropped AND I got some more recently and increased over ATH again and sold it and dropped right away right afterwards (I feel blessed) we had millions.

However one thing is certain, whatever you had so far, would be nothing soon when something even bigger happens. Crypto keeps growing bigger and bigger and our moves and experiences grows bigger and bigger as well.

[Lorokan]

There are several unforgetable trading experience if you trade often; it takes great skill to identify what went wrong and proffer solution to it and prevent occurrence; The most experience traders have (i assume) is the refusal to trade. Time and time again traders research and have a price set for token; but they store up their capital and refuse to trade; when the market hits and proves their analysis correct; thenn they say i should have picked this e.t.c

For me, i take refusal to pick a good trade option which comes out correctly is more unforgettable than a trade loss.

[mnporter2001]

Unforgettable experience i had during my trading is when others traders where busy selling their coins in the market to make a good profit, why me where still thinking market will still increase more than this, for me to trade my coins to make more than others traders in the market that later caused me a big loss to me that year. Since then I trade base on experience and information i got from the platform which is really helping me to make a reliable income from my trade. After all the loss I experienced that year, it hard me to recover all my lost which really make  me not to cope very well through out the year because what I experienced in the market.

Yes, I have had the same situation with you. I lost my first $ 3k earned from bounty campaigns in just 3 days. I heard my best friend's invitation that WPP will soon increase to $ 10 because the business was calling close to $ 60m at that time.
I just believe in the money they raised without further analysis, I blindly invested without understanding the project and did not bother to use the stop loss. The token is now over 1000 times the price of the ICO and I have lost all my money.
We are in the same situation and this is a really big lesson in our lives. But don't give up, man, we need to keep going and correct our mistakes.

[boyptc]

It's not an unforgettable trading experience but everyone can relate to this:

Whenever I sell, the price goes up. And I'm sure that's the same experience with others. There's no solution to this but to think that you've gotten enough profit during that selling moment.

[konflikkastil]

I probably will not forget this very experience of mine a year. I was a beginner then, trying to do some tricks on Binance. The logic I discovered was the anytime btc is coming down, I buy usdt which is always fixed and mostly doesn't fall like other coins. And when btc go down deeper, I buy BTC back. And the value of the Bitcoin would has increased in volume. I was doing that for almost a month. And on this fateful day. I bought usdt as usual and I slept off cause it was during the night. When u woke up, I didn't even check the current level of BTC. I just bought the btc back. Not knowing that BTC has increased and buying it back at the very time will reduce the amount of btc that I had before. What I lost that very night was around $35 worth of BTC. Since then I don't even try to do that again.
I can't forget that experience forever.

[Kong Hey Pakboy]

My most unforgettable experience in trading is when I was a beginner that I didn't know what to do and how I would gain profit in trading; that is why I always follow my friend, who is also a crypto trader, whenever he buys and sells cryptocurrencies that I also follow the same amount he trades. Lucky for us, we always make a successful trade, but I still didn't learn anything, LOL. It is why I started to let him teach me back then and explain to me everything how we could gain profit.

[Firefox07]

I can't forget when when I did not trade all my coins when it reach it's all time high. I just trade 70% of my coin and I hold the remaining till now. But it's value now is just $.02. I regret not selling it when it's price is at $5.

[ChronoLite]

i have so many unforgettable experience such as missing some easy money from the quick pump/dump, or invest on some coins because i know those coins will be really good later because of the news but i refused to do that because i am dumb, if i were not dumb i would had really good profit this year. those were tons of my fault about that and i hope i can fix that next year later

[Oneandpure]

Many experience during trading still unforgettable when selling coin early then few days later price up more than 100%, some time I buy coin when reach higher price and then drop again, this bad moment when I entry with new coin price down but when I sell coin raise to higher price. I think this give us with many lesson how to keep emotion when trading and never take risk to buy new coin have raise to higher price like last day when SFI raise more than 100% up many investor try to buy on higher price and now back down.