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.
Topic: I lost over 80k because i sold too early (newbie mistake) - page 33. (Read 4418 times)
You never have to sell during a fall. You must always sell on growth, and buy during the fall, this is the main law of trade or not?
In many cases, there are many other shipping opportunities, 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. and remember "Profits do not come to you in just a few weeks or months .. It takes time to grow"
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's very good that you learned the lesson and made conclusions from your mistakes, but I'm wondering why you sold your coins in a few days? What did you follow? Two weeks later zclassic mooned and i could make about 80k now.
i learned my lesson in the hard way..
I think you lost nothing, but you missed the right time from selling your coins. Its ok, it maybe hurt you but it was a best way to learn and be more intelligent in the future when it comes from selling coins .
That is what i am thinking too. He lost nothing and he even gain profit although small but still it is a gain. Experience wise i think you gonna repeat that scenario again here in crypto world because we could not really tell what exactly is ahead of us. We can deal only with the present so if i think i am gaining profit with a transaction , i will do the same as you do. That is not losing, that is missing the opportunity to gain more than you expected.
Most of the investors statistically lose 90% of their initial capital in their first month. Of course it is bad to lose this money, but may be it helps you to earn much more in the future.
seems to have to wait patiently, it's difficult for us as an impatient person. my friend once said, waiting to get that much money is better than not
Well sorry you are regretting later but its a lesson to you.You should learn to hold on to low supply coins tightly as they are likely to moon sooner or later and that usually takes patience which you have to develop.
You didn't lost bro, you learned. Thats the mistake the newbies right now usually face but believe me, because of that lost, you become a better version of you. Its a mistake that you will never commit again because you know now whats the feeling to lose. Dont rush things ahead, think of it and be wise enough to handle coins next time. Learned to initiate patience in your attitude, and you will become a successful investor of tomorrow. Good day.
Well sorry you are regretting later but its a lesson to you.You should learn to hold on to low supply coins tightly as they are likely to moon sooner or later and that usually takes patience which you have to develop.
Perople made a mistake, you are not first and you are not last. I sold my coins it is mistake, one time i didnot sell my coins, it is a mistake too. Very easy to talk while you looked the past
haha I think every trader / investor has a story like this.. we've all seen coins we've sold too early or didn't end up buying go on to moon, that's part of the reality.
Mehdi
Mehdi
I think you lost nothing, but you missed the right time from selling your coins. Its ok, it maybe hurt you but it was a best way to learn and be more intelligent in the future when it comes from selling coins .
it happens to all investors you win some and lose some. if you believe in a project its best to hold on and if it pumps you have the option of moving to tether then when it drops buy back in at a lower price after the pump
Yes it all happens to all investors, thats why we should understand and keep learning about this business so we will not be ignorant on how it runs. This could be a lesson to everyone of us which nextime we will think first before we do something risky. And also as an investor we should research and understood all the features of cryptocurrency. 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..
You're just losing higher profit opportunity, not the money. Don't blame yourself as no one can predict the price precisely. I believe that most people here have experienced the same situation. You're just unlucky to sold your ZClassic too early that lead to lose higher profit, better than lose all of your money. Take your experienced as lesson.
it happens to all investors you win some and lose some. if you believe in a project its best to hold on and if it pumps you have the option of moving to tether then when it drops buy back in at a lower price after the pump
I think you are not lose anything except chance to have lot of money.
You can say lose 80K if you buy your coin 180.000, and sell when you only get 100.000.
You can say lose 80K if you buy your coin 180.000, and sell when you only get 100.000.
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 have experienced what you have been through buddy and we should take that as a lesson and we should try our best not to make that the same mistake again. Losing the opportunity to earn more in a certain coin is a rampant experience that everybody here could share.Two weeks later zclassic mooned and i could make about 80k now.
i learned my lesson in the hard way..
Loss mean we sell the price which is lower than buying price. When you decide to sell all of your token, be sure dont check it again or it will be hurt you inside. all you have to do now is just sincerity. We need to thanks about everything we get.
In your particular situation, you have not lost anything, but just stayed with your own. In these terms, there is a huge difference. But now you will know that you do not need to be exchanged for day trading.
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..
I can assure you most of us have similar 'horror' stories to share. It is part of earning your stripes in this space. This is why I always try to hold a healthy selection of tokens in terms of each project I get involved in - just in case the moon looms.
The main advantage of investors and traders is retention. And most importantly, when holding this remarkable patience, which few people have.
Jump to: