Pages:
Author

Topic: I have learnt my lessons - page 7. (Read 23562 times)

jr. member
Activity: 552
Merit: 1
December 29, 2018, 11:44:31 AM
One could have maintained the status quo, just as it were, but we now have a lot of dumpers, who care less about the growth of the coin, but are always after selling and just getting anything, even if it is small.
If anyone who is investing in a coin, is not ready to wait until the time a coin is set grow, he or she might end up selling at very low price and his has been the case for quite some time now.
full member
Activity: 812
Merit: 100
December 29, 2018, 11:30:48 AM
It is never a good thing to sell hastily.
It is never a good thing to sell below ICO price.
It is not also good to sell at exactly the ICO price.
There were times sold when i was not supposed to sell. Just because of the excitement of receiving tokens through bounty participation and perhaps through airdrop, i was eager to cash out.
Most of the times i did this, i always found out that i later ran at loss, not considering my effort and the time spent in promoting such project.
I could have also had 2x and sometimes 10x the ICO price, but impatience made me to loose the opportunity.

My last experience was on a token i received. Mentioning the name will be of no use, but for crypto enthusiasts to also learn from my mistake. Ever since then, i have learnt to hold and this has been profitable to me.
No matter how you got your token or coin, always try and be patient enough to hold until you are in profit.

But sometimes it is good to selling the token below the ICO, if the ICO failed to develop after sale.
You should be able to see some sign of the failed of any ICO before the token going to be a worthless token.
Therefore, we should doing due diligence before investing on any projects.
jr. member
Activity: 331
Merit: 3
December 29, 2018, 08:10:38 AM
I have been there, so I know what you are saying.I have also learnt from my mistake and that's why I hold and invest more and selling when I thing is the right time for me to sell.
newbie
Activity: 58
Merit: 0
December 29, 2018, 07:51:49 AM
so it's true that patience is a virtue and most decisions hurriedly made always end up disastrous.
hero member
Activity: 2912
Merit: 674
December 29, 2018, 03:49:36 AM
Congratulations, this experience is precious. Many newcomers will lose if they don't have these experiences. Only failure can let us learn more. Now we just need to wait for the next takeoff time and we can get rich.
of course this very bad market experience will surely provide an extraordinary experience for investors and traders. for those who have been old, this may be normal, but for those who are just starting out, this is a blow that can make panic and loss.
I'm proud to say that I'm old here and it's normal for me, however, there are times that I really panic, maybe I put my emotion a little bit.
Everyday, we learn a of lessons, but as of now, in my long term of stay, I learn that we should believe on crypto and be patient because the right time will come.
full member
Activity: 1120
Merit: 101
December 29, 2018, 03:29:15 AM
Congratulations, this experience is precious. Many newcomers will lose if they don't have these experiences. Only failure can let us learn more. Now we just need to wait for the next takeoff time and we can get rich.
of course this very bad market experience will surely provide an extraordinary experience for investors and traders. for those who have been old, this may be normal, but for those who are just starting out, this is a blow that can make panic and loss.
member
Activity: 442
Merit: 10
December 29, 2018, 03:26:25 AM
Congratulations, this experience is precious. Many newcomers will lose if they don't have these experiences. Only failure can let us learn more. Now we just need to wait for the next takeoff time and we can get rich.
member
Activity: 350
Merit: 10
December 29, 2018, 03:02:30 AM
It is never a good thing to sell hastily.
It is never a good thing to sell below ICO price.
It is not also good to sell at exactly the ICO price.
There were times sold when i was not supposed to sell. Just because of the excitement of receiving tokens through bounty participation and perhaps through airdrop, i was eager to cash out.
Most of the times i did this, i always found out that i later ran at loss, not considering my effort and the time spent in promoting such project.
I could have also had 2x and sometimes 10x the ICO price, but impatience made me to loose the opportunity.

My last experience was on a token i received. Mentioning the name will be of no use, but for crypto enthusiasts to also learn from my mistake. Ever since then, i have learnt to hold and this has been profitable to me.
No matter how you got your token or coin, always try and be patient enough to hold until you are in profit.

I am very grateful to you for deciding to share with other users information about the mistakes made. I really hope that many newcomers will definitely study this information in order to minimize their risks, make the right and profitable decisions to achieve their success.
member
Activity: 532
Merit: 10
December 25, 2018, 02:17:55 PM
It is never a good thing to sell hastily.
It is never a good thing to sell below ICO price.
It is not also good to sell at exactly the ICO price.
There were times sold when i was not supposed to sell. Just because of the excitement of receiving tokens through bounty participation and perhaps through airdrop, i was eager to cash out.
Most of the times i did this, i always found out that i later ran at loss, not considering my effort and the time spent in promoting such project.
I could have also had 2x and sometimes 10x the ICO price, but impatience made me to loose the opportunity.

My last experience was on a token i received. Mentioning the name will be of no use, but for crypto enthusiasts to also learn from my mistake. Ever since then, i have learnt to hold and this has been profitable to me.
No matter how you got your token or coin, always try and be patient enough to hold until you are in profit.
I am not fully agree with you. Holding can be profitable but how will you survive in long bear market when your portfolio keeps decreasing every day,month? so sometimes it's better to sell and then buy low again.
member
Activity: 537
Merit: 12
December 25, 2018, 02:05:39 PM
Sell ​​on time, too, must be able to. One of the main crypto lessons I took.
Look, please, at the DeepOnion and Pundi-X. I did not sell these assets near the high. Now I have it for the long haul or forever Grin.
full member
Activity: 756
Merit: 100
December 25, 2018, 01:46:26 PM
Selling the coins never welcomed by the people professionally dealing with cryptocurrencies. In my opinion most users have formed yet the correct idea that it is better to hold the cryptocurrency until better times and not to sell it.
jr. member
Activity: 210
Merit: 1
A nexgen decentralized ride hailing
December 24, 2018, 06:41:57 AM
I agree that it is not necessary to sell below the ICO price and try to sell above but it all depends on the quality of the project and how it develops its product.
hero member
Activity: 1708
Merit: 651
SmartFi - EARN, LEND & TRADE
December 24, 2018, 05:57:40 AM
We all learned the lesson, I am sure each of us would be glad to receive a personal time machine.  Grin

However, the past year has given us a lot of invaluable knowledge about the market. Those who stayed and survived, I am sure, have become much smarter and stronger.
sr. member
Activity: 770
Merit: 250
December 24, 2018, 04:22:27 AM
the main problem is indeed a fact about the panic happened. It makes decisions that are always wrong as hasty in selling or buying. This needs to be made into a valuable lesson and indeed needs to be preferred in order to be able to take action in the next for better results.
full member
Activity: 392
Merit: 100
December 24, 2018, 04:21:02 AM
Yes, I also learned the lesson. I used to invest in some cryptocurrencies in the encryption market, but I did not wait for their prices to rise and sold them, so I will regret it because I don't have enough patience.
I think you didn't regret for selling your coins:) In 2-3 months everything dropped %50-60 again and if you didn't buy them back you can think for buy them again soon.
full member
Activity: 448
Merit: 100
MenaPay - Crypto made easier than cash
December 24, 2018, 04:05:21 AM
It is never a good thing to sell hastily.
It is never a good thing to sell below ICO price.
It is not also good to sell at exactly the ICO price.
There were times sold when i was not supposed to sell. Just because of the excitement of receiving tokens through bounty participation and perhaps through airdrop, i was eager to cash out.
Most of the times i did this, i always found out that i later ran at loss, not considering my effort and the time spent in promoting such project.
I could have also had 2x and sometimes 10x the ICO price, but impatience made me to loose the opportunity.

My last experience was on a token i received. Mentioning the name will be of no use, but for crypto enthusiasts to also learn from my mistake. Ever since then, i have learnt to hold and this has been profitable to me.
No matter how you got your token or coin, always try and be patient enough to hold until you are in profit.
Tokens are generally casinos and not the fact that they jump above their heads. Coins are slightly more efficient in terms of development and profit. But here need to develop your strategy for each investor, which will give him the desired profit.
member
Activity: 420
Merit: 10
December 24, 2018, 03:57:47 AM
It is never a good thing to sell hastily.
It is never a good thing to sell below ICO price.
It is not also good to sell at exactly the ICO price.
There were times sold when i was not supposed to sell. Just because of the excitement of receiving tokens through bounty participation and perhaps through airdrop, i was eager to cash out.
Most of the times i did this, i always found out that i later ran at loss, not considering my effort and the time spent in promoting such project.
I could have also had 2x and sometimes 10x the ICO price, but impatience made me to loose the opportunity.

My last experience was on a token i received. Mentioning the name will be of no use, but for crypto enthusiasts to also learn from my mistake. Ever since then, i have learnt to hold and this has been profitable to me.
No matter how you got your token or coin, always try and be patient enough to hold until you are in profit.

I am sure that all traders and investors periodically make such mistakes. Unfortunately, no one can be completely insured against them, despite a lot of knowledge and considerable experience of successful work. But in any case, you always need to learn, draw your own conclusions, taking into account previous mistakes.
full member
Activity: 560
Merit: 102
December 20, 2018, 06:33:26 PM
I am totally agree with your statement. We should take your time before making a decision that eventually we will regret for our decisions. We should just be calm and do not panic on the situation what will happen.
Then we must do the analysis seriously. Every decision we make must have a risk, we must understand it, so that we will not feel disappointed and regret when reality does not match expectations. Isn't the price of cryptocurrency very easy to change? The last failure made it a lesson, good luck.
member
Activity: 798
Merit: 14
December 20, 2018, 05:55:26 PM
What I Wil always advice and would wish we all follow is take profits when in profit, be quick to cut loss, make sure your capital is intact don't mess with it. A 5% loss will take a long time to recover so its better one get a tiny profit than losing. We should learn what to do when trades go either in our favour or against us.
jr. member
Activity: 168
Merit: 1
December 20, 2018, 05:50:07 PM
I personally participate in bounty campaigns and I understand that more than half of the projects will not bring me money, but that half of which will pay me back will redeem me
Pages:
Jump to: