After a Bad Sell - page 31. | Bitcointalksearch.org

liivii

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Quote from: shamzblueworld on April 22, 2018, 11:26:53 PM

So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?

The strategy of buying coins is lower price and sell it if you see a profit is a good move because profit is still a profit. If you put them altogether it will make a huge money so don't be too disappointed to the move you've made because you still gain income. If the move you do make you lose money then that is the time to say you do a bad decision. The best thing is you learn from that experience so next time if you do some move say to yourself that you will never ever regret that move instead it will motivate you more to do better decisions.

richminded

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Quote from: vv181 on April 23, 2018, 11:05:54 AM

Well, profit is a profit, you should stick with your trading plan, set the percentage gain you want to then in case it reaches the target, sell then forget. Look for a better opportunity, cryptocurrencies is a highly volatile assets, you should learn how to maximize the volatility instead of getting wrecked because of it.

Set your goals and focus on that. Don't regret things because in this market there is no sure profit, so you'd better to secure some of it. its really hard to decide sometimes especially when the market is highly volatile but of course you have to stand for it.

Quote from: Varavu on April 23, 2018, 11:58:53 AM

This is the case of everyone, every human mentality is the same as like as you. We wont be satisfied with the small profits which we earned but we will long for the bigger profit. We will set up a target and once we reach we will sell but in case if ti rises more than that then also we people wont get satisfied. So we should not be too greedy.

Well, we cannot chase this market forever so we better to secure some profit because we cannot say if the coin will continue to pump or dump, so better to be secure.

eagle10

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Quote from: shamzblueworld on April 22, 2018, 11:26:53 PM

So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?

A profit is still a profit. Nothing you can do to recover it and get bigger profit. Best thing is read and research about what other traders are saying about this coin and that coin. I consulted most of my trading moves from tradingview[dot]com.

Follow the trading experts with most followers because most of the time they are up to 80% correct, then you decide if you can follow their advice or make your own decision based on your readings of the graph. Get opinion of other experts too to weigh in so you can decide entirely based on what you learn.

marcbitcoins

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Quote from: shamzblueworld on April 22, 2018, 11:26:53 PM

So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?

This is really an ironic thing when the selling is not in timing that instead of sell high and buy it low it become the opposite in which you sell low and want to buy it again because it might become more expensive in the coming days so my advice are stop thinking so much about it because sometimes you just need to take action and don't compare your trades to other because comparison is the thief of joy.

Kolly

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Quote from: shamzblueworld on April 22, 2018, 11:26:53 PM

So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?

A gain is a gain no matter how small it is. Better to gain something rather than to lose. How bout you buy coins again since the market is blooming at present, just learn how to be contented on your profits no matter how small it may be.

btc_angela

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Quote from: Crypto_trader87 on April 23, 2018, 10:48:58 AM

Its just a normal scenario that was happen to me also sometimes but im satisfied alreadg with my profit as long as i can earn and i am not lossing my money i will take it with all my heart. The best you can do is wait for a deep again and buy back and hold again for long term.

Well it could really happened even to the best trader out there. What more of us casuals? lol. I have made a lot of bad trade, but hey, I already made good profits as well doing that trade so I'm not complaining.

I just try to let it go and moved on and focus on the next task at hand, and I'm pretty sure I can cover what I supposed to gain from my bad sell, but waiting for the price to dump and get it while everyone sleeps and just let it sit in your wallet and wait for the perfect time to sell it again.

apityeh71

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I learned history price action of Bitcoin and others cryptocurrency, from that history all crypto very possible to give profit when bullish market 5 to 10 times, so from that i bought on the bottom and take profit minimum 100% and then buy back at lower price. When the price on the bottom and dumped will be very possible and easy for the price pumping and grow.

Jorge158

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You may encounter these problems in the cryptoworld but the most important thing is to learn your lessons after. It is always better to follow analysis of experienced people when prices are low and get to know if the prices can rise or not. And patience is always key in the Cryptoworld.

SaShiRaJaVu

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Quote from: shamzblueworld on April 22, 2018, 11:26:53 PM

So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

I would have followed the market carefully before making a decision to sell the coin and it it is pretty clear that they will be having a hard fork next month and there are many planned developments coming up and that is the reason the price is going up but i am not sure about Gloem, if you are not careful with the situations you will end up like this.

Fatunad

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Quote from: Coin-1 on April 23, 2018, 07:05:27 PM

Quote from: Xardasim on April 23, 2018, 05:19:32 PM

This is a must for everyone. I bought Ethereum from 900 USD, I sold it from 370 USD, then the price started to increase and the current price is close to 650 USD. I did the wrong thing with Bitcoin, but it was a small amount. In my opinion, we should look at the future instead of sad to lose it. Because, in the world of cryptocurrency, there is always a chance to earn more.

Your losses are pretty large. I think that you shouldn't sell your ETH, because such low price was at the autumn of 2017 before the huge pumping occurs on the crypto exchange markets. In my opinion, the low resistance level of Ethereum is about $350.

What to do after a bad sell? Try to correct your mistake, and buy coins as soon as possible in order to ride on the upstream wave and get profits.

You cant blame someone yet its their own money after all panic selling can really happen anytime and cant be avoided if we do lack experience and knowledge into this very volatile market but later on our experience would tell us on the next move we would do when we do experience the same scenario again. Bad sell is common but we should moved on and dont stress ourselves yet we cant really go back into the time and wait for the rise.

otunayode

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Bad sell may not be as bad as it seem. Yes sometimes you shortchanged yourself buy not selling as the maximum price to raking maximum profit. But one thing that must be appreciated is the fact that if you sell and you make profit, no matter the amount of profit, you are still not at loss!

Coin-1

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Quote from: Xardasim on April 23, 2018, 05:19:32 PM

This is a must for everyone. I bought Ethereum from 900 USD, I sold it from 370 USD, then the price started to increase and the current price is close to 650 USD. I did the wrong thing with Bitcoin, but it was a small amount. In my opinion, we should look at the future instead of sad to lose it. Because, in the world of cryptocurrency, there is always a chance to earn more.

Your losses are pretty large. I think that you shouldn't sell your ETH, because such low price was at the autumn of 2017 before the huge pumping occurs on the crypto exchange markets. In my opinion, the low resistance level of Ethereum is about $350.

What to do after a bad sell? Try to correct your mistake, and buy coins as soon as possible in order to ride on the upstream wave and get profits.

Gozie51

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Quote from: shamzblueworld on April 22, 2018, 11:26:53 PM

So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?

The market is sometimes that way, sometimes it runs as if it will break a resistance and you wait to no avail. The solution is not to always want to pull the sell trigger. Also, when you eventually sell, you take it as your decision and it was best for you at that time.

Xardasim

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Quote from: shamzblueworld on April 22, 2018, 11:26:53 PM

So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?

This is a must for everyone. I bought Ethereum from 900 USD, I sold it from 370 USD, then the price started to increase and the current price is close to 650 USD. I did the wrong thing with Bitcoin, but it was a small amount. In my opinion, we should look at the future instead of sad to lose it. Because, in the world of cryptocurrency, there is always a chance to earn more.

LodisMcguire

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You just have to accept it and move on,steel your resolve when you sell so that there's no regret later.If you want to play safe,just hold and wait for ATH to come.It's frustrating when you miss out the big profit,so don't go all in when you're not sure if the price is right or not.

Hamphser

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Quote from: shamzblueworld on April 22, 2018, 11:26:53 PM

So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?

I have experienced this thing several times which i do really say that this is one of the things why we dont easily sell on where theres a feeling that the price might shoot up later on but there are instances that we would really need to sell out no matter what the price.We do end up on regretting later when we see the price shoots up after we sell but well we should not regret as long we do make profits even though its just small but much better than have nothing at all or comes worse you did panic sell.

danherbias07

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An old story but happens over and over again.
Question is why? Well no one had the perfect prediction, that is why it is called prediction.
No accurate speculation and that is why it is also called speculation.

No one can perfect the trading work. It is lose or win or win more or lose more. Risky, yes it is but this kind of decision depends on what token you will invest with.
Example is PundiX on me. I have invested some money on it and I already doubled it now but I want more. Why do I still risk my money although I am already in profit? It is the trust for their product once it comes out. If you can prove yourself how good one service is and the team behind it then you could easily make some more money out of your investment. It is just faith in it afterwards.

GoodLuck2

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Quote from: Crypto_trader87 on April 23, 2018, 10:48:58 AM

Its just a normal scenario that was happen to me also sometimes but im satisfied alreadg with my profit as long as i can earn and i am not lossing my money i will take it with all my heart. The best you can do is wait for a deep again and buy back and hold again for long term.

Every single decision which you make in the world of the crypto currency wither good or bad helps you in learning some lesson which can help you throughout your life. Once you did false selling, then you will not be doing it again no matter how bad the market value of the crypto coin is and that you need not to go for selling of your coin as this will not help you in anyway and that you will lose your money.

lablab03

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Then next time better to control your finger clicking sell button even though there's not yet enough profits to prevent regrets. Just focus on your plans , and stick to your target don't so hasty and greedy next time to gain more profits don't worry about the volatility it just a normal attitude of crypto.

billbear

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The main thing in my opinion is try to not regret for a long time, but make your conclusions and make a step forward with new experience!

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