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Topic: I lost over 80k because i sold too early (newbie mistake) - page 12. (Read 4418 times)

full member
Activity: 274
Merit: 100
It could go either way though man, as long as you've made profit then you're good. You didn't actually lose anything, unless you sold it then you never had that 80k in the first place. It's only actual money when it's in the bank, otherwise it's hypothetical worth. Important to remember this. If you dropped it on the floor in the street, that's loss, but a depreciating asset is loss of value but not real loss....it can easily bounce back. Don't be too hard on yourself. My portfolio is worth 1/4 what it was in January - do I feel mad about it? I don't, I wish I'd sold, sure, but it was too difficult to call and in the end I'm still in profit so it's all good.
newbie
Activity: 224
Merit: 0

Well your right, you really learn your lesson the hard way. As we all know, crypto is very volatile. Its value and prices are changing everytime and no one can predict exactly what will happen
hero member
Activity: 1050
Merit: 508
A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ per coin, but i decided to sell a couple of days after.
Two weeks later zclassic mooned and i could make about 80k now.

i learned my lesson in the hard way..
It should be our lesson and learn how to hold altcoins. This is how I experienced and if I did not sell and I just let up the moon altcoins I hold most probably I have now 20 BTC. But thats how destiny and we should learn from our mistakes so that next time it happens we know we do.

No. He didn't lost $80k. Saying he lost when he didn't is a sign of greediness. I expect this newbie to learn more lessons. The rule in trading or in investing is maintaining that discipline. Earning profit big or small is just good as long as you are not losing. People regretting like this are also the ones whining when they will suffer real losses.
full member
Activity: 356
Merit: 100
As a newbie its better to experience all the circumstances, opportunities to build your strong foundation to become a great investors someday. Its been great for the situation that you have earned a profit as newbie in this work. I appreciated you more.
member
Activity: 336
Merit: 10
That's ok ,everyone do mistakes in crypto and lose money ,I am not perfect as well ,I have lost a few thousands dollars makung wrong trades,selling instead of buying and buying instead of selling,so now I am doing bounty to cover at least a small part of my losses.
member
Activity: 168
Merit: 10
Yes, very sorry that it happened. But I remind newcomers once again. Do not hurry and work out your plan of action well. Make a full analysis of your investments. You never dare to avoid the risk. But you can always minimize it.
newbie
Activity: 169
Merit: 0
Therefore, we must have sufficient patience in investing in the encryption market. The encryption market itself is a long-term investment market. If we can't have too much patience, then we can't survive in the encryption market.
member
Activity: 151
Merit: 10
It's pretty good, if learning it already gives the great lesson of course. the thing to remember is don't be too hasty. see the first existing market conditions. If s is getting a big profit, then sell the new course. don't just get a little bit fortunately directly quickly took off.
full member
Activity: 630
Merit: 100
Since last year I met this new world, my philosophy is to invest only in the medium to long term. I never buy cryptocurrencies to sell them after a few months, I think it's an error if you do not do the short term speculator and know the market well. It takes patience, but over time I think we can make good profits
full member
Activity: 352
Merit: 100
Bitgesell (BGL) Decentralized Cryptocurrency!
Regret is normal when you made a mistake and realizing it a little later, but so is potential loss in crypto. Just learn from it. Try holding your coin a little longer, see if the price will go up. Patience is the key. And if you made a decision, be confident about it.
member
Activity: 128
Merit: 10
That's why I always suggest keeping good projects and coins for long term. If you act like this so you can have in future great profits and never regret after selling.
full member
Activity: 396
Merit: 104
A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ per coin, but i decided to sell a couple of days after.
Two weeks later zclassic mooned and i could make about 80k now.

i learned my lesson in the hard way..
It should be our lesson and learn how to hold altcoins. This is how I experienced and if I did not sell and I just let up the moon altcoins I hold most probably I have now 20 BTC. But thats how destiny and we should learn from our mistakes so that next time it happens we know we do.
hero member
Activity: 1134
Merit: 547
Ne Asdzx
No need to torture yourself and blame that you sold too early, it is a very bad habit to regret the lost profits because sooner or later it will ruin you. Always treat this normally because this is a market and it is merciless
full member
Activity: 658
Merit: 100
I believe a lot in this sector and I think it will have enormous potential for growth in the future, which is why I only invest in the long term. There are cryptocurrencies that currently have a low value that could be worth much more in 2-3 years, so I prefer to wait and not make the mistake of selling after the first raise
member
Activity: 795
Merit: 10
A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ per coin, but i decided to sell a couple of days after.
Two weeks later zclassic mooned and i could make about 80k now.

i learned my lesson in the hard way..
Making mistake isn't bad as far as i am concern not learning from it is bad, mistake is a teacher i hope you have learnt from your mistake.
newbie
Activity: 19
Merit: 0
Well, in this case you didn't lose money, you just did not make as much as you could have if you had sold later. At least you did not invest and then sell when the price fell. Either way, at least this is a good lesson learned! I always try to hold until a coin reaches my targeted selling point. That is only if I believe that the project won't continue to rise--if it can continue to hold and then sell in 10 years, that will be even better  Wink
legendary
Activity: 2212
Merit: 1008
In fact, do not get very upset. Similar errors are found in many, and not only among beginners. We just need to draw the right conclusions and continue to work more efficiently.

I would be very upset if I lose 80 K but man, listen, do you really believe that a newbie could invest in the cryptocurrencies so much money? I suppose even professionals do not risk with these sums.
newbie
Activity: 112
Merit: 0
Mistakes do happen, that is part of being human. Do make the same mistake twice. Invest in the Trufield ICO. Best ICO with potential for huge returns on investment is the Trufield project ICO. This exciting project will revolutionize healthcare for millions of people. Trufield will provide free health data management systems in developing countries. The Pre-ICO is live and open to all investors, so buy your tokens at 25% discount. Buy Trufield token and learn more about the project here at http://Trufield.com or http://Trufield.io.
member
Activity: 356
Merit: 12
you're talking about a potential loss, not a loss. those we have had virtually all of us. I have not sold Neblio to $ 60, now it is about $ 4, the important thing is to learn from the mistakes
full member
Activity: 1708
Merit: 126
A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ per coin, but i decided to sell a couple of days after.
Two weeks later zclassic mooned and i could make about 80k now.

i learned my lesson in the hard way..


We could really learn though our mistakes and experience. It is still better that we'll commit mistakes in the beginning so that we can do better afterwards. Don't lose hope becsuse of your mistakes but rather take it as a lesson and a challenge to do better on your next trading.
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