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Topic: DAMMIT, I missed another profit opportunity!!! (Read 1025 times)

sr. member
Activity: 1050
Merit: 250
Revolutionizing Reward Points
I bought more Litecoin at $61 a few weeks ago, then watched its price rise to the low 80s.

Then everyone started shitting themselves over this Corona Virus bullshit, so the price retreated to $60 again.  If I'd been able to predict the future I'd have sold at $80 and bought back in at $60, but I didn't.

So I lost some profits.  Farq.

now litecoin price about $46 mate, you can buy back this coin again while price in the valley
but remember to think about the risk and rewards, predict with all kind of analysis wich mean combine between fundamental and technical analysis
member
Activity: 882
Merit: 13
We all have the that kind of experiences in crypto world. You feel you are comfortable with the price of your investments going but all of a sudden the price will eventually fall that which lead to your assets loss. For me it you see a profits and you are gonna be holding the coins for long term, I would dispatch it for $2-5 gains cause profits are still profits whether it big or small to avoiding regreting it once the price starts to decline.
hero member
Activity: 2814
Merit: 576
Not only are you OPs who suffered losses due to COV19 and I feel the same way as you lost a few tens of rupiah, but I believe it only takes patience to be able to return to profit, maybe after the CoV19 pandemic ends, and hopefully it can pass soon.
I guess most of us here have experienced the same way but there's no use if we keep on regretting. We should learn to move forward and for sure another opportunity awaits for you if you just keep being patient and still focused. For now, let's keep holding our coins while the market is still unstable and when its price rises up again, then we know already the best thing to do.
sr. member
Activity: 1260
Merit: 259
Not only are you OPs who suffered losses due to COV19 and I feel the same way as you lost a few tens of rupiah, but I believe it only takes patience to be able to return to profit, maybe after the CoV19 pandemic ends, and hopefully it can pass soon.
member
Activity: 518
Merit: 11
I bought more Litecoin at $61 a few weeks ago, then watched its price rise to the low 80s.

Then everyone started shitting themselves over this Corona Virus bullshit, so the price retreated to $60 again.  If I'd been able to predict the future I'd have sold at $80 and bought back in at $60, but I didn't.

So I lost some profits.  Farq.

In the first place, if you are lack knowledge in cryptocurrency you disappoint for sure just like what you felt now.
But if you are knowledgeable about in crypto's you won't feel bad for sure instead, you will be like other traders that when the price
goes down they will think that this is a good opportunity to buy em for sure then hold due to its volatility in the market happened.
member
Activity: 504
Merit: 10
YOUC | John McAfee Supports
I would say that was a good profit, but not too much i guess.
you can still get the profit by holding the coin until the price is 2x or more in the future.
Top cryptocurrency coin price are stable and won't falling too deep. But if you don't want to hold for long time, just sell it when the price is higher than when you bought.
full member
Activity: 1190
Merit: 100
In this case, it was definitely regret that came. "why not sell at a high price" That's the question to yourself. In fact, it's simple. When it's time to sell, sell it. Don't want to get big profits, it's better to get a little profit than to lose too much. As is the case of the OP, why not sell when the price is higher than. And finally regret it, after the price came back again.
full member
Activity: 1750
Merit: 186
Well are most ppl here in it for short term profit or long term profit?
full member
Activity: 630
Merit: 102
Yes in case of holding for a long time the value of the currency often decreases a lot in that case even if you make a long-term investment it is better to invest for a short period of time without keeping it for too long. But there is nothing to be sad about even if you miss the profit wait patiently the currencies will rise higher in the future crypto market means rise and fall.

For altcoins,,, always for altcoins. For Bitcoin it is always long term and sure you can make some money trading it for profit but in the end everything about Bitcoin points to long term value for holders and users. Altcoins prove there is nothing in their markets except for speculators who of course only think in the short term.

Do not see them as missed opportunities. Bitcoin opportunity is alive and well.

The point is that there is no panic in seeing the price in the exchange, often the panic makes people afraid of big losses, if invested in Bitcoin maybe it will always be a gem instead of holding an altcoin, because everything will remain an altcoin even trash in the future, It depends on the development of the project, but everyone does not want to take high risks regarding their investment, because most people are more likely to be more interested in investing in Bitcoin because it has enough sensation for the future and will potentially become Fanstastic value in the future ...

And it all depends on your abilities !!
copper member
Activity: 1190
Merit: 3
We never can predict the future but of course, via trading technical analysis some price movement can be predicted.
But this is required when you want to trade or holding for the very short term. I see this as another opportunity for you to buy again at 60 or lower than that.
hero member
Activity: 2296
Merit: 953
Temporary forum vacation
Yes in case of holding for a long time the value of the currency often decreases a lot in that case even if you make a long-term investment it is better to invest for a short period of time without keeping it for too long. But there is nothing to be sad about even if you miss the profit wait patiently the currencies will rise higher in the future crypto market means rise and fall.

For altcoins,,, always for altcoins. For Bitcoin it is always long term and sure you can make some money trading it for profit but in the end everything about Bitcoin points to long term value for holders and users. Altcoins prove there is nothing in their markets except for speculators who of course only think in the short term.

Do not see them as missed opportunities. Bitcoin opportunity is alive and well.
sr. member
Activity: 2156
Merit: 323
Im missing profit opportunities almost everyday...
Don't worry, everyone of us misses the opportunity. Opportunities will always come to us so no regrets, just continue to stay in this market and wait. Certainly in the next times the opportunity will come
Yup, It's never too late to get a entry. To invest in cryptomarket opportunity comes eventually. Bitcoin, Ethereum will consistently be a wise speculation particularly in case you're going in huge and holding as long as possible. Besides, It's also good to get into some promising projects and hold as long as possible.
member
Activity: 868
Merit: 15
Yes in case of holding for a long time the value of the currency often decreases a lot in that case even if you make a long-term investment it is better to invest for a short period of time without keeping it for too long. But there is nothing to be sad about even if you miss the profit wait patiently the currencies will rise higher in the future crypto market means rise and fall.
member
Activity: 406
Merit: 10
Bro, i think most people in crypto has experience like you. If you can hold your coin for long time, it won't be a problem.
Litecoin is a good coin, so the value will become higher in the future, like bitcoin.
My advice, we shouldn't hold our coin if we want quick profit, just sell it when the price goes above +20% in the market so we can make profit without holding for long time.
jr. member
Activity: 32
Merit: 1
I bought more Litecoin at $61 a few weeks ago, then watched its price rise to the low 80s.

Then everyone started shitting themselves over this Corona Virus bullshit, so the price retreated to $60 again.  If I'd been able to predict the future I'd have sold at $80 and bought back in at $60, but I didn't.

So I lost some profits.  Farq.

Hey buddy don't give up your hope. No one can predict cryptocurrency price accurately always. Even the top traders in this company sometimes loose their profits. But they come back again. So keep trying yourself again. You will be successful definitely.
full member
Activity: 679
Merit: 102
I bought more Litecoin at $61 a few weeks ago, then watched its price rise to the low 80s.

Then everyone started shitting themselves over this Corona Virus bullshit, so the price retreated to $60 again.  If I'd been able to predict the future I'd have sold at $80 and bought back in at $60, but I didn't.

So I lost some profits.  Farq.
You can track daily the price of Litecoin and your other favorite coin or token by using https://crypto.co/.
Using it you won't miss the opportunity to make a profit. Always get the most constant and well-founded cryptocurrency price at  Cyrpto.co not only provides the prices, it also provides more information and data that every user is looking for. They're also feeding the latest news in crypto so it's worth a try to check it.
sr. member
Activity: 882
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
I bought more Litecoin at $61 a few weeks ago, then watched its price rise to the low 80s.

Then everyone started shitting themselves over this Corona Virus bullshit, so the price retreated to $60 again.  If I'd been able to predict the future I'd have sold at $80 and bought back in at $60, but I didn't.

So I lost some profits.  Farq.
That's exactly correct. If you already know that there is a chance that the value of the Litecoin will be suddenly dump so that you will be able to have a chance to gain profit because if you know that you will be able to sell your Litecoin immediately and buy again another greater number of litecoin so that when the litecoin pump again you will have an good profit already. But don't worry this is still a chance to earn. You can buy and store litecoin for now so that you will be able to earn profit.
legendary
Activity: 2730
Merit: 1288
I bought more Litecoin at $61 a few weeks ago, then watched its price rise to the low 80s.

Then everyone started shitting themselves over this Corona Virus bullshit, so the price retreated to $60 again.  If I'd been able to predict the future I'd have sold at $80 and bought back in at $60, but I didn't.

So I lost some profits.  Farq.

You did not only lost profits you also made yourself some loss. Price of Litecoin is now $37. So way under the $60 you bought them. I guess you can wait fro 2023 Litecoin halving. Price will fro sure pump then.
full member
Activity: 925
Merit: 100
I bought more Litecoin at $61 a few weeks ago, then watched its price rise to the low 80s.

Then everyone started shitting themselves over this Corona Virus bullshit, so the price retreated to $60 again.  If I'd been able to predict the future I'd have sold at $80 and bought back in at $60, but I didn't.

So I lost some profits.  Farq.

You aren't the only one who have faced this or be in this type of situation, almost everyone has experienced it and so it is painful, but what can someone do rather than to move on and focus on other potential coins etc. Also, this virus is really affecting many things, creating fear which is reflected on the market hence uncertainty in the price of coins. I can tell you that, there are better days ahead so just be calm you will meet other opportunities sooner than later.
hero member
Activity: 812
Merit: 512
Im missing profit opportunities almost everyday...
Don't worry, everyone of us misses the opportunity. Opportunities will always come to us so no regrets, just continue to stay in this market and wait. Certainly in the next times the opportunity will come
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