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Topic: I lost over 80k because i sold too early (newbie mistake) - page 26. (Read 4418 times)

newbie
Activity: 20
Merit: 0
Everyone who enters this industry will encounter such a thing. We must accumulate some experience through a large number of transactions. Therefore, I recommend a small amount of investment in the initial investment, which will avoid a greater loss of own property.
member
Activity: 392
Merit: 10
Sometimes I have same filling, that I could have sell earlier or later and get more profit, or I’m blaming myself that I didn't see that market is in downtrend and now I’m in loss. It’s normal, simply need more practice, more knowledge and more patience.
newbie
Activity: 98
Merit: 0
It is necessary to have a steady income - in order not to repeat this error . Different expenses come up all the time, sometimes quite unexpectedly. And here it is important to refrain from selling cryptocurrency, realizing that in a few years these coins will be at very different levels.
newbie
Activity: 116
Merit: 0
Everyone has the same experience with you. I don't think it's a loss. It's just that you make less money. No one can sell at the highest point. We can only get as much money as possible. It takes us enough. Understand the market and make the most accurate judgment.
newbie
Activity: 238
Merit: 0
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..
Never worry about lost profits. Nothing can change, so relax and look for another promising coins.
newbie
Activity: 74
Merit: 0
Sell or not sell? This is always a question of regret in the crypto market. It is important to sell at low prices and you can sell at high prices, that is a success, do not regret the past. Smiley
member
Activity: 264
Merit: 11
I have lost alot of possibilities to earn me some good amount of fiat because I was in a strong hodl mentality sometimes  i think about it . If I made the right decision not to sell or if I screwed up I could have right now around 1,000,000 usd if I would have sold  all my coins 5 months ago  whene they were all high now probably around 50k  , there is nothing else I can do but keep hodling and hope for better times . You never loose until you sell
newbie
Activity: 164
Merit: 0
This is something we cannot control. We do not know when it will be the best time to sell. I think the only thing we can do is to maintain more patience.
jr. member
Activity: 1372
Merit: 1
In fact, nothing terrible has happened, you will still have time to earn and you will definitely be lucky. There is also the situation when you leave a coin, but it falls very heavily in the price
full member
Activity: 476
Merit: 100
You need to remember one thing. You can't earn all money. It's almost impossible to buy on deep and sell on top. So if you are in small profit - means you are in Profit. And it's better than nothing or to be in loss…
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
Trust me, it isn't just newbies who make this mistake. Even the so-called veterans of the industry are still prone to panic and ill discipline. Anyone who entered the market in 2016 thought they were patient and rewarded in late 2017, but if they held on to Feb or March it would have been tempting to buy up even more. A lot of people bought with 100% of their portfolio into alts and didn't put stop losses. Must be crying right now. And they're not newbies.
newbie
Activity: 77
Merit: 0
That's a great lost I think that mistake must have been corrected
newbie
Activity: 147
Merit: 0
Yes, the encryption market is very diverse. We do not know when it is the right time to sell. We do not know when it is the right investment time. Therefore, we must have enough patience in the encryption market.
newbie
Activity: 112
Merit: 0
You're not lost anything. Just miss your opportunity to get profit. It's normal, many people doing that. I suggest to hold your money first and monitor its progress.
sr. member
Activity: 722
Merit: 258
I'm sorry for You of course.But why did you buy to sell in 2 days.I'm sorry, that's absurd. Usually buy coins because they see some value.Therefore, such purchases are made for the long term.A lesson for a lifetime Cool
full member
Activity: 518
Merit: 101
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..
Did you have $80,000 to start with? I bet not! So how can you lose something you didn't have in the first place? You are correct when you said you learned your lesson the hard way. Because the idea of "If only I held on a bit longer, I could have made this much!" will surely taunt you for a long time. Now the only thing you can do here is to deal with it and just move on.
newbie
Activity: 124
Merit: 0
experience is a very valuable teacher, thank you for sharing your experience here. this will make us a good lesson, that patience is better than in a hurry
sr. member
Activity: 854
Merit: 250
Never panic and keep your head cold, it's math and there's no room for emotion. Any professional trader will tell you that you should be like a robot.
full member
Activity: 364
Merit: 100
A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ per coin, but i decided to sell a couple of days after.
Just to correct this misinterpretation, you did not lose anything! I'm pretty sure you sold at a higher price after 2 days. So you actually gained profit here. You only missed on the opportunity to earn more because you sold too early.

Two weeks later zclassic mooned and i could make about 80k now.
This is a pity. But you shouldn't drown yourself with this. Instead, be smarter.

i learned my lesson in the hard way..
You certainly did! 😉
newbie
Activity: 126
Merit: 0
It seems we can make as a correction for me as well. because your story can make me realize that we should not rush to sell
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