Topic: I lost over 80k because i sold too early (newbie mistake) - page 27. (Read 4418 times)
You must have learnt from your mistakes, so next time you won't fall to the same error, though no one is above mistakes, and also learn how to withstand pressure and risks when dealing with cryptocurrency.
some times patient is the key , i too faced smae situation with Iotx. i could have earn 27K USD if i not sold. what to do. we learn lessons. but in other hand too much of holding brings you disaster too.
Bearing in and losing more than that is the scenario at the moment when there are too many collapsed coins along with the cryptocurrency market. I think that in order to be successful in this market it is essential that investors have clear strategies and plans if they do not want the market to control your investment. 
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..
There're usually no flawless sales in this market. I guess you've gained your money for these two days and turned a profit. It's cool! The main advice is not to sell when the coin is going down!
As I understand it, you have not lost anything. Even earned a little? It seems to me that everyone had a bitter experience, I still wait for the my coin to grow, because after the purchase, it fell very badly. We learn from mistakes.
You didn't lose anything. you only had the chance to make more profit had it been u didn't sell. Now this experience will make you a lil bit patient before you sell off a coin next time
Believe me, such cases happen to many investors. I also often blame myself for selling the coin ahead of time. In order to avoid such situations, my advice to you is to sell only half of the coins. Leave the second part of the coins for a long time. Then you will not have a panic if the coin starts to fall, because you already got the profit. And if the coin starts to grow further, then you simply increase your profits.
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 will experience more same scenario in the coming days or months just move on once you sold your coin don't regret when you have decided to sell as that is your decision there are other more opportunity coming be thankful you didn't loss when selling your coins. Two weeks later zclassic mooned and i could make about 80k now.
i learned my lesson in the hard way..
some times patient is the key , i too faced smae situation with Iotx. i could have earn 27K USD if i not sold. what to do. we learn lessons. but in other hand too much of holding brings you disaster too.
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..
Selling is not a way of making money in cryptocurrenies. Crypto is new phenomenon and it is necessary to be patient and wait until you will become more experienced and until the market will ripened.
We all make mistakes at some points of our lives especially when we still dont know much about the crypto world in this industry, Patience is a virtue, there are those tough moments when the coin value is so low and portfolios take a serious dip, this is the time to be brave and hold on dearly to those coins especially if they are good quality coins that has the potential to recover, also if you are a bounty hunter, learn to be patient with the tokens you are rewarded, wait at least for sometime before dispensing the
so you didn't lose anything,you just have missed the opportunity ! In this market or any similar one , you can't whine over missing some opportunites,i assure you most of people here have already missed some opportunities that could made them millionaires .better concentrate on your goals and keep going.
its really hard to predict on cryptocurrency mate, sometimes you are holding altcoin and you have waiting for the right price but it will drop, then sometimes you will sell coins you think that the price is ok for you but it will pump to the moon. but thats tge nature of crypto, always make a good decision and a good strategy and dont regret for every decision you made.
Yes, I have experienced this situation too. I used to sell my cryptocurrency too early, which caused me to lose a lot. I think that in the encryption market, we should have enough patience to hold for a long time and wait patiently for the market to rise.
Hello! I think that almost over 90% persons over here can say it to you and I really do understand what your feeling! Because this s***t often happens it is is something like God's jokes !! Sell your coins and tomorrow you will regret about it! There is hard to predict all and all the 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..
Selling is not a way of making money in cryptocurrenies. Crypto is new phenomenon and it is necessary to be patient and wait until you will become more experienced and until the market will ripened.
I thought you really lost 80000$. But that was your potential profit, you could have made it, had you kept your coins but you sold them early and was unable to make the profit so that doesn't count as a real loss of your money, it was the loss of your potential profit.
Actually you did not lost anything. You sold the zclassic for a profit and still profit is a profit whether it was 80k or less than. There is nothing wrong of taking profits. You can still invest in top coins, hodl it and wait for the bull run to come and in that case you can earn more money.
How can you say you lost $80,000 when you didn't have any Zclassic when the price spiked? You didn't lose anything.
That's like saying you lost $50,000,000 because you didn't buy a lottery ticket that might have won.
In any case, there are plenty of other moonshot opportunities, just invest $500 each into the top 10 promising candidates, you only need one to succeed to recoup your investment and more.
Very correct comparison with the purchase of a winning lottery ticket, a perfect answer. That's like saying you lost $50,000,000 because you didn't buy a lottery ticket that might have won.
In any case, there are plenty of other moonshot opportunities, just invest $500 each into the top 10 promising candidates, you only need one to succeed to recoup your investment and more.
You don't lose anything . If you generated any profit by buying - selling ZClassic then you are fine . You can't earn all money , but if you are able to generate regular profits in trading you are qualified professional and will become rich with time . Forget about this incident , it is called FoMO syndrome (Fear of missing out) and if definitely will not make you feel better .
Most of us newbies have made this mistake often times and others to come will still make it sometimes due to low level of experience or there is a very important need that you need to sell early and take care of.Whatever happened is part of the road. Learn and go on to become a better person. But 80k is so much loss.
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