Topic: I lost over 80k because i sold too early (newbie mistake) - page 20. (Read 4418 times)
lots of people use to make this kind of mistake especially the bounty hunters. selling too early makes people lose a lots of profit deu to the their curiousity. we should always be patient about market and price so things like this won't happen again
A typical mistake and everyone should go through this. Until you lose something, you will not understand. It is also insulting to the people who beat the bitcoins and lost their wallets. When 5 bitcoins ordered pizza and all that. Yes, it is insulting, but the price could also fall on your currency. Look for more projects and take risks to get more profit.
It's a tough pill to swallow but it is not just you that sold too early and missed out on a fortune. Imagine all those early miners who sold thousands of bitcoins for peanuts because no-one knew that one day it would be worth $20k. Those people must be kicking themselves!
YEAH i made a mistakes like this also , also as a newbie i sell immediately my tokens which cost only a little, but after how many weeks it grew to $10,000. i'm so depressed with what ive done. but it will served as a lesson for me.
That is the mistake I have encountered, because of our impatience that we have lost a fair amount of income and you will regret it later. I do not think you will forget them easily.
There is no ideal entry or exit point. It is better to fix some profit than to wait for the rate to be even higher.
I believe not just every new people but for every people which involve in trade cryptocurrencies will make a mistake at one point or the other because of nobody perfect and we can make a mistake in anytime
In order to avoid such situations, you need to study technical analysis. On the cryptocurrency, it works in conjunction with fundamental analysis. It is necessary to follow the project and the news.
I agree with this if we do a lot in our part such as do our own search always, learn the basics of trading like technical analysis and fundamental analysis I doubt you will end in panic selling your coiins but everyone do their mistake make it a lesson learn and do not make it again next time. Goodluck.
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.
That is the mistake I have encountered, because of our impatience that we have lost a fair amount of income and you will regret it later. I do not think you will forget them easily.
Thank you for sharing it. I will do research before i sell my coins
$ 80k is a huge money so losing it in this market is a shame, but it can happen to other investors if they do not really invest seriously in this market. . It is becoming increasingly difficult to make money from the market if the investor is not really good.
When I found out about bitcoin, it cost 160 dollars. I guessed that it would cost more, but not 20k. I bought it, sold it, but did not hold it. Only last year I realized my mistake. I could be a rich man. But I'm not upset
If you already get the profit after you sell the coin and you do not lose any money, I think that's not a mistake, but if the coin rises after 2 weeks later, it means a luck factor.
It is very difficult to predict which coins will go to the moon. You can do the best research possible, and hope you are lucky.
It is very difficult to predict which coins will go to the moon. You can do the best research possible, and hope you are lucky.
It is very much difficult to predict which coins will reach the moon. So there is not any need to worry. If the coin you had would have decreased what would you do and what would you say? So luck also plays in the market. So use you instinct while trading coins.
Experience is the best teacher,if you don't have trading skills then the best strategy is to wait.At least you sold in total profit and lost in potential profit.
Investment can not have such a mentality, I have sold a lot of such encryption like you before, do not regret it, we want to survive in this market for a long time.
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..
Two weeks later zclassic mooned and i could make about 80k now.
i learned my lesson in the hard way..
That was an expensive lesson but a good lesson nonetheless.
Just imagine all those people who started when bitcoin was below $1 and then they sold too early when it actually amounted to something. Truly the best strategy is to just hold and forget you ever even bought any coins in the first place.
I wouldn't worry about it. It's pretty difficult to predict which coins are going to moon anyway. You can just do your research the best you can, and hope that you get lucky. Other than that, as long as you don't lose money, there aren't any wrong decisions. 
A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ 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..
Two weeks later zclassic mooned and i could make about 80k now.
i learned my lesson in the hard way..
Do not blame yourself, mistakes happen, if you look at the ZClassic chart, you will see that for a long time nothing happened, then a big pump, and the same big dump.
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