I lost over 80k because i sold too early (newbie mistake) - page 18.

HEvangelista

sr. member

Activity: 574

Merit: 251

Quote from: Cje on February 16, 2018, 10:21:19 AM

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..

You really did not lose anything because you just sold early, and you missed the moon. That's it but a profit is a profit. That is a common lamentation or complaint of crypto participants but then again, we do not know what the future holds right? We either sit and wait or sell immediately at the best opportunity.

pjr77

full member

Activity: 299

Merit: 100

This happens for many at least because of inexperience. Do not worry and try to sell cryptocurrency when you think that you have already received enough money through investment. Do not expect any miracles, they may not be.

vidiep100100

newbie

Activity: 71

Merit: 0

you miss your opportunity to gain more and that's a common mistakes of all newbies here, that's why after receiving some token from airdrops or bounty or buying it is better to hold them for a longer period of time first before selling since price may change.

pholenden.145

newbie

Activity: 99

Merit: 0

It's normal or abnormal, anyway you choose to call it but there is one thing you need to know alot of smarter people has lost much as well, but you have to move on and learn more. Get the proper information that will prevent such loss and move on.

tanjiran

full member

Activity: 770

Merit: 113

I've also experienced it like that. I think almost everyone is experiencing it. we should not be greedy, regardless of what we get that is our livelihood. make the experience worthwhile.

stephanie9428s

newbie

Activity: 86

Merit: 0

take the risk actually that is your decision to sell your coins earlier you didn't believe that your coins got a big price value so you lost it but you learned a lesson so next time you must research about your token.

Piranha1

newbie

Activity: 132

Merit: 0

Quote from: Cje on February 16, 2018, 10:21:19 AM

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..

I dont think you lose, i think you lose your profit but not your capital. This is the way it is with crypto we have to move forward and learn from it. The positive approach will be of much help.

alice.smith38

newbie

Activity: 98

Merit: 0

That's not the end, you're still a newbie, you shouldn't be blamed, but you have to understand cryptocurrency, and market fluctuation, if you invest you should be expecting huge rewards, which can come to pass if you have patience, i.e to HOLD till the price rise.

Malbaunti

member

Activity: 189

Merit: 10

Another topic about greed. It would be a pity if you bought ZClassic, and he went down and you lost money. The fact that you have not bought bitcoin 5 years ago you also regret? No need to regret the loss of profit.

TheMeritedOne

newbie

Activity: 45

Merit: 0

Don't think.of.it and regret .Consider it as a profit booked and make a startegy for your future like sell a part of it to book profit and take the initial investment out and keep the rest.

Abugbilla

newbie

Activity: 121

Merit: 0

I think the topic is a bit far from what am seeing. The senario you gave doesnt indicate that you lost any money. You bought some coins and sold it and had your money back.As simple as that.Maybe you should say that you lost an opportunity to make 80K.

Vilka0109

newbie

Activity: 45

Merit: 0

Many have gone through this experience , but it's a good lesson in the future - wait patiently , not sell your coins quickly . No need to drain at the first opportunity, as profit while waiting can make you much happier

curnez88888

newbie

Activity: 98

Merit: 0

I have also had similar experience with some coins i bought. I sold too early and right in my presence, these coins were mooning. I could not buy back,because i knew i would not have enough coins i had initially. I also learnt a big lesson here.

blackblue986

newbie

Activity: 66

Merit: 0

I sold too early, but you don't have to worry about it because it could have been different. You should be glad that you have already been able to earn and not look at the lost profit

ad8z77777711

newbie

Activity: 84

Merit: 0

Already many experienced people suggest that we hold coins, because when they are in the failures, the only option that we have is kept as long as possible until we make a profit.

Odonko

member

Activity: 201

Merit: 10

It is very good that you have realized your own mistake that way you will never forget and one more thing that i will like to add to it is that anytime you see the market go down the best thing to do is to sit tight or invest more. Trust me if you stick to this simple principle that i have given you the rest of your days in crypto investment will be incredible. We've all been there before when we used to engage in panic sales well not anymore partner. HODL till u see market peak to the moon!!!

cryptocurrentdan

newbie

Activity: 52

Merit: 0

I'd rather hold too long than cash out early like this.

And definitely only cash out when the gains are significant m

enawati

full member

Activity: 574

Merit: 102

https://adonx.one

Yes is hard to predict when crypto will moon, so avoid sell early i think use trailling stop in every trade is important, and always increasing the trailling stop area in each the price move going up, so by this way we have protection for profit and we will not miss more big profit.

vihang200

newbie

Activity: 70

Merit: 0

It's alright, we learned from our mistakes. We just need to make sure that next time we won't be doing the same mistakes again. As we grow older we are becoming wiser so lets continue to read more and study more on crypto currency.

phsan12888

newbie

Activity: 84

Merit: 0

That is why i always suggest to hold good projects and coins for long term so you can reap the bigger peofits and do not ever regret after selling, just move on.

Topic: I lost over 80k because i sold too early (newbie mistake) - page 18. (Read 4418 times)