your worst mistake

[Nigrinn]

At the beginning of my journey in this market, I probably made 1 of the mistakes, this is the first big deposit, which I eventually lost.

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[Oilacris]

At the beginning of my journey in this market, I probably made 1 of the mistakes, this is the first big deposit, which I eventually lost.

When you do tend to make trades specially your first time then you would most like think off that you should deposit big to make profits big but thats not how investment or trading works.

Mistakes are the learning stones for making ourselves even more better into this career.Mistakes are inevitable but you can really learn from it and making yourself good than yesterday.

Speaking of mistakes then i do commit lots of it back when im still noob which believing from easy money but thats not how thing works.

[blockman]

At the beginning of my journey in this market, I probably made 1 of the mistakes, this is the first big deposit, which I eventually lost.

How did you eventually lose? and what have you deposited? upon deposit, how can you make such mistakes. Well, a lot of questions are building on my mind with the idea that you probably deposited to a wrong address like bitcoin address to a litecoin address and other typical mistakes upon depositing.

When I started crypto trading I had made several mistakes like not setting the stoploss,not setting the target price, buying coin which is already up, and my biggest mistake was leverage trading which was the reason I lose my 95% of portfolio I will recommend you if you are beginner then please stay away from leverage trading.

I've seen a lot of mistakes that they did leverage trading without basic knowledge and understanding that it's a completely different type of trading from the usual trades that we do.

[seleme]

The worst mistake was to place 50 LTC instead of 50$ and the market plummeted right after that trade. After checking the stats on my account, fake breakouts liquidated position so I never click the trade button before checking it. One single wrong decision or not withdrawing profit will have such consequences in the long run, IMHO.

I know someone from Japan, this trader has placed a trade on the wrong side, and the bet size was above 100 BTC. I can't even imagine pressing the wrong button and leaving home, come back and see a big loss while you get notification of pumped market. Everything should be checked double or even triple time to avoid huge losses.

[Tervelatuk]

everyone have their worst mistakes or sad story in their trade history, every traders will pass this stage and no one could avoid it. From mistake we could take  important lesson so our skill and knowledge improved and will have better trades result in future. honestly by worst mistake only didn't taking profits when my assets growing alot, but its okaye because totally i am still generate profits.

[DibiaVxosis]

My worst mistake in trading is not taking profit when am supposed to, I worked for so long and raised a good amount and invested part of it in some coins I believe will do well later in the future then I used some for trading, I made so much and was so overwhelmed, I saw the profit and I felt rich but I didn't take the bold step to sell off those coins which has given me so much gains and also didn't close trades that I made so much profit from, so the day bitcoin fell from $64k to $30k I lost almost everything, I got liquidated and the coins I had dipped so badly.

[suryana]

What is certain is that the worst mistake is not far from the word loss or no profit at all. I was like that the first time, I shouldn't have followed what people said, I didn't follow my heart and my plans. in the end everything got messed up, the score was getting lower and I was losing money.

[breathlessz]

My biggest mistake was when I was trading and had set a stoploss area but when my analysis was wrong then I deleted the stoploss and finally I experienced a panic sell until I finally sold it with a 60% loss, until now I still remember that mistake and indeed discipline must be done so that we will not be disappointed later

[checkmatesir]

When i entered the trading market first, i don't have enough knowledge about trading and coins, then i make different mistakes like i didn't have patience of holding a coin and that coin will give me much loss, which i remember till now. Which i thought was my big mistake.

[ReiMomo]

The worst mistake was, loosing patience and go for buy and sell when the market was manipulated. Never push yourself to either buy or sell when the market is manipulated. And my best advice would be, never have a commitment from the money you invested into any coin. I mean, do not expect constant turn over like monthly, quarterly and etc. This will certainly challenge your patience. Being in trading for past 5 years, I would say, do not loose your patience. Hold your coins.

[Slow death]

my biggest mistake was this:



I used to buy on top and I was always at a loss when the price dropped a lot, I made this mistake for many, many months, even when I promised myself I wouldn't repeat the same mistake at the end of the day I made the same mistake again. it was very hard and annoying to be losing money with the same mistake I was making over and over again

The worst mistake was, loosing patience and go for buy and sell when the market was manipulated.

Man, I've been through this too and I think that all people go through this at the beginning, especially in this cryptocurrency market

[seleme]

my biggest mistake was this:



I used to buy on top and I was always at a loss when the price dropped a lot, I made this mistake for many, many months, even when I promised myself I wouldn't repeat the same mistake at the end of the day I made the same mistake again. it was very hard and annoying to be losing money with the same mistake I was making over and over again

The worst mistake was, loosing patience and go for buy and sell when the market was manipulated.

Man, I've been through this too and I think that all people go through this at the beginning, especially in this cryptocurrency market

Looks like you only placed an order after the correction, wrong trading decisions can lead to early REKT, unfortunately. When you are new to the trading world, such mistakes are acceptable but you have learned from your past mistakes. That is why starting with a small balance is recommended to minimize the potential loss.

Buying at the top price and hoping the price will break the resistance can be similar to selling BTC at the $10k and keep expecting the price will come back after it reaches $30k. The same mistakes but different bet sizes and different timeframes..

[Slow death]

my biggest mistake was this:



I used to buy on top and I was always at a loss when the price dropped a lot, I made this mistake for many, many months, even when I promised myself I wouldn't repeat the same mistake at the end of the day I made the same mistake again. it was very hard and annoying to be losing money with the same mistake I was making over and over again

The worst mistake was, loosing patience and go for buy and sell when the market was manipulated.

Man, I've been through this too and I think that all people go through this at the beginning, especially in this cryptocurrency market

Looks like you only placed an order after the correction, wrong trading decisions can lead to early REKT, unfortunately. When you are new to the trading world, such mistakes are acceptable but you have learned from your past mistakes. That is why starting with a small balance is recommended to minimize the potential loss.

in fact in the past I always made the mistake of buying at the top thinking that the price would break the resistance and keep going up, this was my big mistake that took me a long time to change because whenever I was trading I would say to myself : " today I will change, today I will not make the same mistake... " but at the end of the day I made the same mistake

[juliepower]

My worst mistake is without taking knowledge of crypto currency i invest in it and I don't know the way how to invest even I don't know the price of crypto currency that time. It's not that easy . Sometimes you just need to be patience ,time and effort to learn more and practice more to get good experience all I can say. 🙏

[Hobo66]

I’m cursed! Sold all my ICP at low price and now it skyrockets the next day. secondly Sold all my HOT and it skyrockets the next day. Third Sold all for ETH but still! Dang.

[Handpari]

Warm welcome in this bitcoin forum.

Yes, all we have some mistake at the beginning. If I share my worst first mistake in crypto life is I was very impatient and can not hold any coin, Thus I have lost the chance of getting some good profit. Still I am facing that issue but yeah it's lower than previous.

Your mistake was that you sold all of it.  Nothing wrong with selling some and taking a profit, but sell slowly into a raising market. No one can call the top or bottom of any market.  And rarely sell all of ANY INVESTMENT !!!

[Sihab76]

The worst experience of my life is that I bought Binance coin (BNB) at 40 per BNB and sold it for only $100 per BNB .A few days later, the price of the Binance Coin was $700. But the sad thing is that I converted the money I sold the binance coins into stable coins which don't give me any benifits .

[Fatunad]

The worst experience of my life is that I bought a ান্স 40 Binson Coin and sold it for only 100 100.A few days later, the price of the Binary Coin was 700. But the sad thing is that I converted the money I sold the binance coins into stable coins.

Profit is considered profit but somehow if you do really tend to look back on what should be your potential earning if you havent sold earlier then that would really be giving off that regrettable kind of vibe
but we shouldnt really that be regretful because profit is profit even though its less but its better than have nothing at all.I have lots of experiences when it comes on selling early because i do already have
the doubts that it would directly ending up on no value once a pump do happen specially on shit coins  that had been pumped in the market.You cant tell if  on how far it would able to go.

[romero121]

The worst experience of my life is that I bought Binance coin (BNB) at 40 per BNB and sold it for only $100 per BNB .A few days later, the price of the Binance Coin was $700. But the sad thing is that I converted the money I sold the binance coins into stable coins which don't give me any benifits .

Everyone have similar experience. Looking those things we need to understand the growth of the market and act accordingly in the upcoming investments. Atleast you've bought it when the price was $40, and I bought it when the price was around $7 and sold when it turned $8. Bought around 100 coins. So nothing to worry, just go for the right investment strategy and book the profit.

[Cherylstar86]

My worst mistake was when I participated in buying the meme tokens that people fomo.  I rack realized I was trapped.  I bought one of the meme tokens when the garga was at its peak.  Then a severe dump.  And I lost, some of my money.  From that frustration I learned little by little in terms of trading.  I learned from the fundamentals and technicals of the coin.  And now it has started to improve a little in terms of trading.  Now I am very careful.  I take care of my emotions and greed in trading.

Though similar to that. Your experiences was truly worst. But, in my experience, my worst mistake was not buying profitable coins when prices are cheap, instead I buy coins when prices starting to increase and it was so risky. That time I don't think the possible result of the things that I did. Sometimes I sell my coins early because I need the profit. There are lots of worst mistakes I made in the past but I will try to learn on my mistakes and take it easy. I am now being careful especially to my emotions and I learn also that in every trading you must have techniques and strategies to earn.