Cardano is causing me stress. Rising AFTER I sold mine!

lifeOK

member

Activity: 308

Merit: 22

Quote from: 7788bitcoin on February 28, 2021, 08:21:52 AM

Hope you are happy now as the market is on a minor correction phase and if you think you want to take some risk further you can invest in it again Wink

. The market was moving up for weeks and finally we are seeing some kind of weakness and if anyone thinks that the market could rally once again you can invest considering the risk of further correction and i wont invest everything all at once.

Cardano is about as cheap as it will get right now. Cardano such a wonderful product and I do believe it's not a pump and dump coin. Hype doesn't last long but productive productive product give us sure benefits.

heyhat

full member

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fallenangel

Lol. I am sure u r gonna buy it when it is $2 and then u will lose money

The worst decision is better than indecision.

7788bitcoin

legendary

Activity: 2282

Merit: 1023

Hope you are happy now as the market is on a minor correction phase and if you think you want to take some risk further you can invest in it again Wink

. The market was moving up for weeks and finally we are seeing some kind of weakness and if anyone thinks that the market could rally once again you can invest considering the risk of further correction and i wont invest everything all at once.

bitbollo

legendary

Activity: 3276

Merit: 3537

Nec Recisa Recedit

at least you have got your profit! it isn't at all and this is the only thing that you have to see.
the real profit! imagine if at the end of the story you was also with a negative balance Roll Eyes

I think that a small batch of each "promising" coin could be retain for a long term, even a couple of hundreds of dollars. If you see there is always the chance for a bigger evaluation during the time.

Shasha80

sr. member

Activity: 1876

Merit: 318

Cardano and Binance coins have had a surprising performance this year, because no one expected their prices to skyrocket so high. Many people
ended up regretting selling Cardano too early, because no one expected Cardano to go up this far. Luckily I still own Cardano now, and have
no intention of selling it any time soon. Even though the price was already very high, because from the start I wanted to invest in Cardano for
the long term. And my target is to sell Cardano if the price reaches $ 3.

hari9981

full member

Activity: 546

Merit: 105

Its happen frequently in crypto market. But sometimes you will be grateful to sell because the price keep drowning.
The only thing that i do to avoid resentment about selling at such a low price is to unwatch the token that i already sold and just keep monitoring the potential coin and the coin that i hold.

Paycheck

jr. member

Activity: 199

Merit: 1

Quote from: makishart on February 27, 2021, 07:10:02 PM

That must give you a very good lesson never try to sell your major coins when it was very cheap. The major coin is always having a lot of potential to grow even higher from the year to the year.
ADA already considered as the most potential coin to be the ethereum competitor. I think that you are missing something in the past that makes you sell your coin dude.
That's ever happened to me to.

Yes, I am missing something. I missed the first 4 years of Bitcoin mining, I didn't find out about it until April 2013.

makishart

legendary

Activity: 3108

Merit: 1029

That must give you a very good lesson never try to sell your major coins when it was very cheap. The major coin is always having a lot of potential to grow even higher from the year to the year.
ADA already considered as the most potential coin to be the ethereum competitor. I think that you are missing something in the past that makes you sell your coin dude.
That's ever happened to me to.

Johnyz

full member

Activity: 2086

Merit: 193

Once you sell your holdings, you really have to move on and forget about that because you did that already and you took your profit safely which I think is always the best decision. We all have this moment especially if you're an early adopter, I do feel the same thing before when I sold my Bitcoin early but I've realized that worrying about it wont help me anymore because I can't get back to that time. What we have right now is to make good decision in the future, so better to learn from this experience.

numanoid

legendary

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Merit: 1148

Quote from: Paycheck on February 27, 2021, 07:57:45 AM

A couple years ago, I bought 10400 Cardano coins at a price of 4.2 cents apiece for a long term HODL.

You broke your own rule. You said you would HODL it for longterm but just after seeing price up a bit, you decided to sold your coin. Nothing to blame though, it was your decision so take it and move on to other 8k coins out there instead stress out with ADA coin

crzy

full member

Activity: 2128

Merit: 180

Quote from: Paycheck on February 27, 2021, 06:22:11 PM

Yes, you're all right, I did make a ~3.5X profit, I should not think about missing out on THIRTY THREE TIMES PROFIT too much. Grin

That's very normal in cryptomarket and if ADA goes down, you'll surely feel the opposite.
For me, you missed the whole thing in ADA and you didn't analyze that much sine this project was good since then and there's a lot of good reviews that can totally pump the price of ADA. It can still reach the price of $10 at the end of the year so it is still fine to buy for now, or wait for its price to go lower than $1 again.

Paycheck

jr. member

Activity: 199

Merit: 1

Yes, you're all right, I did make a ~3.5X profit, I should not think about missing out on THIRTY THREE TIMES PROFIT too much. Grin

Evilish

hero member

Activity: 882

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Bitcoin to the moon!

You got in at 4.2c and sold at 15 cents. That's close to 3.5x returns. A trade executed well I would say.

My advice would be to not live in the past and move on to the next trades with an open mind. If you feel Cardano is going to go up even more than it already has then buy in again. If not, there's still plenty of fish left in the sea. You just gotta look for it.

babygun

sr. member

Activity: 2170

Merit: 254

Quote from: Danslip on February 27, 2021, 04:56:58 PM

Lol, just be patient and don't FOMO. The prices will come back to the original point which the first price before the bull trend and you can add more ADA to the portfolio if you wish. Unfortunately, you have sold your Cardanos earlier before the bull trend and you suffer from the missed potential profit. Investing now is not a good idea, wait for better market conditions.

I agree! Don't chase the prize as in the end you will probably loose money. Price of Cardano can probably go up some more giving the FOMO, but it will get a big dump (like all cryptos) in the future.
Most difficult thing in stocks and cryptos is to determine what a good buying and selling price is.

JNR

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Activity: 585

Merit: 100

@JNRcryptobox

Quote from: Renampun on February 27, 2021, 05:23:15 PM

Quote from: Paycheck on February 27, 2021, 07:57:45 AM

...

no one can blame or justify your actions...
everyone must have a dilemma like you because the crypto market is difficult to predict. When you decide to sell or buy then you have to be prepared for all the possibilities that will happen. loss or profit !! yes, you have to accept it gracefully.

indeed, and if the OP sold his cardano in profit, i think he don't need to regret his decision mate
just wait, because i'm sure another opportunity to get a good profit in this crypto world will come my friend

Renampun

sr. member

Activity: 2338

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Catalog Websites

Quote from: Paycheck on February 27, 2021, 07:57:45 AM

...

no one can blame or justify your actions...
everyone must have a dilemma like you because the crypto market is difficult to predict. When you decide to sell or buy then you have to be prepared for all the possibilities that will happen. loss or profit !! yes, you have to accept it gracefully.

Danslip

hero member

Activity: 2058

Merit: 538

Leading Crypto Sports Betting & Casino Platform

Lol, just be patient and don't FOMO. The prices will come back to the original point which the first price before the bull trend and you can add more ADA to the portfolio if you wish. Unfortunately, you have sold your Cardanos earlier before the bull trend and you suffer from the missed potential profit. Investing now is not a good idea, wait for better market conditions.

coinswebid

sr. member

Activity: 1092

Merit: 250

Quote from: Paycheck on February 27, 2021, 07:57:45 AM

A couple years ago, I bought 10400 Cardano coins at a price of 4.2 cents apiece for a long term HODL.

Last August, when prices jumped up a bit, I figured it was as good as it was going to get for a while and sold them at 15 cents each for a moderate profit.

Then in early January, the next time I looked at Cardano, it was at 34 cents. Well, this is a high price for it, it's topped out now, it'd be crazy to buy at this price.

Then by early February, it rose to 90 cents!

Well, this is a high price for it, it's surely topped out now, it'd be crazy to buy at this price!

Mid February, it's floating around $1.05. Well, this is a high price for it, it's topped out now, it'd be crazy to buy at this price.

Late February, it popped to $1.40! And buying now seems more insane than ever, but how much more can it really rise? I mean REALLY?

Cardano is causing me stress.

you don't need to stress because of that situations mate, just calm down and keep your eyes open to catch any opportunities in this crypto world
and its better to wait for a corrections in cardano price if you want to buy this cardano

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: Paycheck on February 27, 2021, 07:57:45 AM

but how much more can it really rise? I mean REALLY?

Cardano is causing me stress.

No one will tell you how much it's really going to go up this time. If it's causing you stress then you shouldn't look at it because it just adds to your frustration. What's important is that you've already sold and you did that because you agree that the price was profitable by that time.
Don't look at your present frustration but look to the time when you've sold and you have the money now. You should be fine and just move on with another altcoin that you're going for long term hold.

target

legendary

Activity: 2282

Merit: 1041

Too bad that you have bought at its ATH because some speculate that after the hard fork its price will actually fall. And they were saying it normally happens. If it's $1.42 right now then it could fall down to $0.64-$0.77, it should be a good decision to wait still. Anyway, this is still a speculation, it could or will not ever happen. So if you are willing to hold it longer than you can til the price be more than $1.42 then youre good.

Topic: Cardano is causing me stress. Rising AFTER I sold mine! (Read 264 times)