Your bitter-sweet experience in trading that you can't get over.

[ShowOff]

It seems that all traders have bad experiences in the market due to price volatility or other bad events. That's all natural because there are always risks related to trading and asset security, but basically everyone can minimize them with the recommended methods on a case by case basis.

Without loss you never know how bitter trading is, and vice versa how sweet it is when you make a profit. I'm not really interested in talking much about the bittersweet experience, it is part of the consequence that has changed my interest from trading to investing.

[1714478593]

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[1714478593]

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[SquallLeonhart]

I am sure many have this issue but mine was obviously selling Bitcoin and Ethereum way too cheap. Been around since the $200 Bitcoin and $10 Ethereum days and wish I could of not sold any of those coins. Nothing you can do now.

Also I heard about Bitcoin back in 2012 or so. Many trading websites kept talking about how Bitcoin is a scam because it lost -50% in a day due to some hack. And I believed it and stood away from crypto due to that reason.

Many of us had that mate, anyone who has been around to remember those days, we had some bitcoins and we sold it. I could have been a millionaire by now if I kept my coins, I didn't and now I am regretting that chance a bit, not all of it, but I wish I kept just a bit of it. I know that it's a tough period to be in and I know that life is unfair when you see what you have missed.

However, I do not let it keep me down and I work to accumulate more bitcoins, that way I know that I would be doing a lot better, it would allow me to do a lot better anyway. It's quite important to know what you can do and can't change, I try to focus on the things I can do now.

[Hamphser]

Anyone who is into trading must have had some ugly experiences and also some good memories that either changed their lives or improved their financial status.We all know trading is risky and can cause emotional trauma if not seen and taken in two ways,either positively or negativily,either you win or you lose.It can be good and at the same time can make you sad.
What are those bad and good experiences you've had ever since you started trading?

1.Buy High Sell Low
2. When i do sold my tokens the price pumped even more, when i do hold then it neither dumps hard or moving sideways for long.
3. Even how experienced you are, you could still be that affected by some Fomo and fear.Its inevitable!

Even how many years i've been trading into this market but still i do commit out some newbie mistakes wayback which does really proves out that it isnt really that something
you could be able to avoid even if you wanted to do so.You would really be needing for yourself to sustain so that you would really be able to survive this unpredictable market.
We would be having no choice but to make out some adjustments for us to handle up the situation.

[Fivestar4everMVP]

For me, getting fed up of the bear market back in 2020 ,and selling all my 30 Ethereum coins at the price of $250 each was the biggest mistake of my life, this is because after the sale, 3 months down the line, 2020 bull run started, and by January/February, the price of Ethereum has already crossed $3000 and above, that period, I felt like committing suicide, it was a very bad experience for me that even now, each time I remember this opportunity I missed due to impatient, I feel really bad and regretful in my spirit, like the saying that somethings are better not said, this is one of my experiences I don't like talking or discussing about, but seeing this topic, I decided to share a bit of this here for some other persons to learn from.
 

[blockman]

When I've chosen a shitcoin more than bitcoin but that's when I was still new to crypto by that time. The good thing and I'm just saying it to give myself some appeasement that I'm still doing good is that I didn't trade all bitcoin that I've got.
It tends out that I was wrong and did a mistake by doing that and after that, I've learned that it's a mistake that I shouldn't do again or else I'll be out of this market anymore out of regret and frustration.

[GreatArkansas]

(....)
What are those bad and good experiences you've had ever since you started trading?

Bad is when I started trading I didn't learn basic things like basics analysis on charts, supports and resistance, and risk management. Because I agree that I lost a lot during the early days of my trading but the good thing that I experienced was gaining a lot of lessons.

[Tespata]

I have had to go through more bad times than good experiences in trading Most of the time I have lost money even though I trade after a lot of due diligence it still remains very risky Most of the projects cannot succeed now and we have to pay for it with money Although I got success few times but lost more money than that I have now reached a point where I am afraid to invest in a really good project out of fear of not investing and regretting it later when the project succeeds.So you have to trade with Ricks, it is not possible to get success without taking Ricks You have to be successful with Ricks by knowing well.

[LogitechMouse]

Verge X Pornhub partnership.

That was way back 2018, and it's my first time to try trading. I still remember XVG or Verge coin developers telling to the public that they will be partnered with a popular company or website or whatever it is. At that time, the price of Verge started to pump already because of this rumors. I admit I got FOMO'ed at this time since I was a newbie in trading at that time. I bought at near it's peak and when they announced the company that they will be partnering with, the price of XVG dumped immediately and me? I lost half of my money just because of that mistake.

I knew about that pump that was around the time of John McAfee when he pumped altcoins a lot. Correct me if I am wrong and honestly I did not know how that altcoin is in the last bull run as well as now. My guess is it turns to a dead altcoin now.

Back in 2018, John McAfee could pump altcoins with his tweets and I remembered people can spend a lot of time to follow his Twitter around his favorite hours to wait for his tweets.

The pump of XVG with regards to McAfee happened in December of 2017, and you can see it here: LINK
The pump of XVG with regards to Pornhub happened in 2018 as posted here: LINK

I didn't knew TBH that McAfee even attempted to pump that shitcoin at that time (because I was a newbie at that time). It is a dead altcoin now and it has been many years ago. Didn't heard of that coin in the last bull run in 2021. With regards to McAfee in 2018, yes he pumped lots and lots of altcoins and new projects at that time. On the other hand, there are many investors who are patiently waiting for what project he will pump and invest into it. Ending? Most lost their money while few gained thousands from it. RIP to him as well.

After that, I immediately withdrew all of my Bitcoin, and just held it (until now I'm still holding it ).

You did it right. Bitcoin is a best in bear market and it is a best coin in long term too. Altcoins can make you feel crazy by their massive pumps but if you stick with altcoins, you will lose money easily too.

With Bitcoin, if you can hold, you will get rich.

One of the best decisions I've made.

Aside from the fact that I invested into cryptocurrency, this is probably one of the best decisions I've done all throughout my whole crypto journey. I was a newbie at that time and instead of losing my money doing trading, I just held it and until now I'm still holding it.

[nara1892]

(....)
What are those bad and good experiences you've had ever since you started trading?

Bad is when I started trading I didn't learn basic things like basics analysis on charts, supports and resistance, and risk management. Because I agree that I lost a lot during the early days of my trading but the good thing that I experienced was gaining a lot of lessons.

It's a shame when you start trading not with the basic knowledge you should know. But I believe that by saying that, it means you are aware and by now you probably have some basic knowledge about trading. Lots of people have experience like you, and that's usually done by beginners who come to trade just following the trends or invitations of others, and they enter only to see how other people's profits are getting, so they are full of ambition without sufficient knowledge about this trading .

[KingsDen]

Anyone who is into trading must have had some ugly experiences and also some good memories that either changed their lives or improved their financial status.We all know trading is risky and can cause emotional trauma if not seen and taken in two ways,either positively or negativily,either you win or you lose.It can be good and at the same time can make you sad.
What are those bad and good experiences you've had ever since you started trading?

I have never had sweet memories in trading cryptocurrency.
I have only lost a couple of times in cryptocurrency, but my major losses were in forex trading.
I have lost more than I could imagine in forex trading.
It was in forex trading that I lost all my savings and what I could call wealth at that particular time.

Upon all the losses,I was even decieved into buying a trading bolt which I did not know how to manipulate and I ended up losing more and even buying the bolt at a very expensive price because I was a newcomer into the industry.

All my experiences in trading be it crypto trading or forex trading are really nightmare.

[molsewid]

Anyone who is into trading must have had some ugly experiences and also some good memories that either changed their lives or improved their financial status.We all know trading is risky and can cause emotional trauma if not seen and taken in two ways,either positively or negativily,either you win or you lose.It can be good and at the same time can make you sad.
What are those bad and good experiences you've had ever since you started trading?

My very worst experience is the time that I got my first bitcoin as well. That time everyone went crazy because pumps hard and it is way far to its ATH in the prior years maybe that 2017?  or 2018, I can't remember it well but then it is my first time to have that kind of money and due to my greediness I didn't converted some of my profit to fiat,as much as I get my first bitcoin so fast the faster it took away from me, there's a huge bitcoin dump after few weeks.

[so98nn]

When it comes to trading it’s always bad experience for me. Lolz. The thing is I am not able to grasp TA to very professional level. For example, I have always advised peeps to have proper knowledge of TA and FA while making your trades. I am able to do that because I know how fusilier look like when you learn something but you fail in the practical reality. My only bad experience is when I tried to go for multiple coin portfolio to achieve those dream profits. Soon I got the feeling I was shaking while making trades even when I calculated the risk up front. I failed in 1-2 coins and it impacted my decision making process on the other ones thus they failed in sequence as well. I just hope that you will get lesson from this as what to do and what not.

[Eternad]

Buying Luna token when it first dump to 10$ from 100$ hoping it will recover again and the next day it dumps to 0.000xx$. That day quickly gave me a negative 500$ profit for being greedy and at the same time buying tokens without about having a full grasp on the real situation of the project. Until now I still can’t get over on this shit decision of mine.

[michellee]

I have had to go through more bad times than good experiences in trading Most of the time I have lost money even though I trade after a lot of due diligence it still remains very risky Most of the projects cannot succeed now and we have to pay for it with money Although I got success few times but lost more money than that I have now reached a point where I am afraid to invest in a really good project out of fear of not investing and regretting it later when the project succeeds.So you have to trade with Ricks, it is not possible to get success without taking Ricks You have to be successful with Ricks by knowing well.

It's okay if you have already lost money on a trade or an investment and are not alone. That means you and we have to study harder so we can gain profits and recover those losses in the future. In trading and investing, there are times of loss and gain. And if we can learn from our previous mistakes, we can trade and invest better. Maybe we did the wrong analysis or chose the wrong coin, so this makes us have to look for information on how to choose the coin or how to analyze it properly. Failure is a delayed success so we should be able to learn more from others.

[jaberwock]

(....)
What are those bad and good experiences you've had ever since you started trading?

Bad is when I started trading I didn't learn basic things like basics analysis on charts, supports and resistance, and risk management. Because I agree that I lost a lot during the early days of my trading but the good thing that I experienced was gaining a lot of lessons.

Those three that you enumerate there are I think not the basics in trading but there are for advanced traders. Basic doesn't need any complications. It was when we buy and sell only. There are newbies who still can get lucky and earn consistently using only this but we might be bored later on and we think trying something new can make us a professional trader.

This is where we advance and learn those technical analysis and its tools. I think my bitter-sweet experience in trading is when I earn a big amount but then lose it all because I got greedy and didn't stick to my limits. This is something that sticks on my memory and will be hard to erase any more.

[isaac_clarke22]

~

Another retelling of my story before I guess. Well I started out learning day trading in Youtube specifically on how to trade in Binance. Got to learn few tools used in the video like Bollinger Bands and RSI, I followed all along and thought it was all too easy and I might end up just doing this every day.

End result? It was horrible. I was mentally exhausted and burnt out into buying more coins to trade since I was not getting anywhere. I know it takes a lot of time to learn the ropes, but knowing that I am already exhausted with the first few weeks became the sign that trading was not just for me and that is completely fine. The takeaway from that is I am a long-term holder. I just wish I could have invested those times into programming, but nah I am in a better place now.

[LUCKMCFLY]

I have had to go through more bad times than good experiences in trading Most of the time I have lost money even though I trade after a lot of due diligence it still remains very risky Most of the projects cannot succeed now and we have to pay for it with money Although I got success few times but lost more money than that I have now reached a point where I am afraid to invest in a really good project out of fear of not investing and regretting it later when the project succeeds.So you have to trade with Ricks, it is not possible to get success without taking Ricks You have to be successful with Ricks by knowing well.

It's okay if you have already lost money on a trade or an investment and are not alone. That means you and we have to study harder so we can gain profits and recover those losses in the future. In trading and investing, there are times of loss and gain. And if we can learn from our previous mistakes, we can trade and invest better. Maybe we did the wrong analysis or chose the wrong coin, so this makes us have to look for information on how to choose the coin or how to analyze it properly. Failure is a delayed success so we should be able to learn more from others.

It is normal that there are always losses in trading, but the important thing is that if there are more than 3 losses in a row, it is best to stop, because we simply do not have the correct vision of the market, and when that happens it is best to change the analysis and study the Why, if the trader does that and determines why he lost, then that becomes learning and that translates into making good money for the next entry, because he understands what is happening in the market and how he should make his next trade, It is ideal to always have control and that control determines how to operate, since the market is benevolent, it always gives new and better entries.

[carlfebz2]

I have had to go through more bad times than good experiences in trading Most of the time I have lost money even though I trade after a lot of due diligence it still remains very risky Most of the projects cannot succeed now and we have to pay for it with money Although I got success few times but lost more money than that I have now reached a point where I am afraid to invest in a really good project out of fear of not investing and regretting it later when the project succeeds.So you have to trade with Ricks, it is not possible to get success without taking Ricks You have to be successful with Ricks by knowing well.

It's okay if you have already lost money on a trade or an investment and are not alone. That means you and we have to study harder so we can gain profits and recover those losses in the future. In trading and investing, there are times of loss and gain. And if we can learn from our previous mistakes, we can trade and invest better. Maybe we did the wrong analysis or chose the wrong coin, so this makes us have to look for information on how to choose the coin or how to analyze it properly. Failure is a delayed success so we should be able to learn more from others.

It is normal that there are always losses in trading, but the important thing is that if there are more than 3 losses in a row, it is best to stop, because we simply do not have the correct vision of the market, and when that happens it is best to change the analysis and study the Why, if the trader does that and determines why he lost, then that becomes learning and that translates into making good money for the next entry, because he understands what is happening in the market and how he should make his next trade, It is ideal to always have control and that control determines how to operate, since the market is benevolent, it always gives new and better entries.

When it comes to losses then this is an inevitable thing the important thing on here is that you do really know on how to sustain up those losses and still ending up on being profitable.This what matter the most

on which you could really stay up that positive but of course it wont really be that simple as it sounds since this would really be talking about some strong emotion and control which would be also one of the

things which would really be affecting out yourself when it comes to your crypto investment. Bitter sweet experience is really that very common when you do deal
into this volatile and unpredictable market.

[Silberman]

~

Another retelling of my story before I guess. Well I started out learning day trading in Youtube specifically on how to trade in Binance. Got to learn few tools used in the video like Bollinger Bands and RSI, I followed all along and thought it was all too easy and I might end up just doing this every day.

End result? It was horrible. I was mentally exhausted and burnt out into buying more coins to trade since I was not getting anywhere. I know it takes a lot of time to learn the ropes, but knowing that I am already exhausted with the first few weeks became the sign that trading was not just for me and that is completely fine. The takeaway from that is I am a long-term holder. I just wish I could have invested those times into programming, but nah I am in a better place now.

Sometimes trying by ourselves and activity and finding out we are not good at it is the only way to move forward, if you had not gave yourself a chance to become a trader you will always wonder what it could have happened if you did so, now you know and the results were not pretty, but it is precisely because of that experience you could become a long term holder and now you will obtain massive benefits thanks to your bitcoin holdings.

[justdimin]

Sometimes trying by ourselves and activity and finding out we are not good at it is the only way to move forward, if you had not gave yourself a chance to become a trader you will always wonder what it could have happened if you did so, now you know and the results were not pretty, but it is precisely because of that experience you could become a long term holder and now you will obtain massive benefits thanks to your bitcoin holdings.

I think giving yourself the chance to try and learn is also very important for self reflection a bit as well. I did it, and I am not a great trader to be fair, I am a decent one at best and not a great one, but I learned the fact that I have very small patience when it comes to working towards research.

This is how I became a long term investor and doing very well, because I have patience, just not for research, I can buy something and wait for it to go up for decades, but I can't just start researching a coin and its chart and all the indicators for many hours just for a few percent profit, that just takes too long and I don't want to spend time doing that.