I lost over 80k because i sold too early (newbie mistake) - page 35.

Matcuda

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Activity: 490

Merit: 100

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 did the right thing first that you used it for a short-term perspective, but the fact that you started pulling it out early is your key mistake, which led to losses. It's okay, now you know how to act, each of us is mistaken.

4ernuy

member

Activity: 350

Merit: 10

Quote from: zippolo on May 23, 2018, 07:32:44 AM

a lot of those who invested their funds in the cryptocurrency unfortunately lost due to the sharp drop in the market. but now there is a real chance to win back the money, because the prices are rising.

Therefore, it is best to just buy the most promising coins and not sell them for a couple of years. So you can earn the most.

k-west

member

Activity: 336

Merit: 10

This is a very common mistake,we cannot predict the future,I saw Etherium price 2$ a few years ago and I didnt buy a coin,but now I am buying it at 550$ ! So I have lost tons of money too.

lanis8306

newbie

Activity: 17

Merit: 0

Some people may sell bitcoin when it costs $ 5 or not buy it when in the past have a chance. But most successful investors make mistakes. And there is nothing we can do, except learn from mistakes and explore the potential that we can do.

keanne_isaac

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www.daxico.com

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..

When i was also a newbie before i also experienced same situation on you but it is normal in trading whatvimportant is when you sold you also get profit. we don't know when price will surge what if instead its surge it fall so you eill be happy that you sell early?.

lightning mcqueen

member

Activity: 280

Merit: 11

Quote from: zippolo on May 23, 2018, 07:32:44 AM

a lot of those who invested their funds in the cryptocurrency unfortunately lost due to the sharp drop in the market. but now there is a real chance to win back the money, because the prices are rising.

You have learn your lesson, and for sure next time you will not gonna do that again. Many people here are also loosing their coins because of the amount that is happening, but they know when to hold and when to sell that is why they only loose a little amount and not that big.

vmklq

newbie

Activity: 126

Merit: 0

Yes, I have had the same experience. Once I held some cryptocurrency, but after I sold it, its price rose wildly. This makes me regret it. I think there must be enough patience in the encryption market.

lknasldkj19

newbie

Activity: 23

Merit: 0

It seems that sensitive decisions, most of which are not really effective and good. I will see it as a valuable lesson for myself. Really condolences to you, 80k is huge amount.

lasry

member

Activity: 205

Merit: 10

The only secret with investing is that always keep cool and have patience. The main reason people lose money is because small investors keeps on checking time to time the price in the market. And it would just increase the tense and it wont help.

Gabri

sr. member

Activity: 856

Merit: 250

This happens very often and no one is immune from it. You look-like and the price is normal, and then you start to bite your elbows when it is 3 times or more rises. But it's nice when you forget about the coin, and a year later you look, and it is 10 times more expensive

Balab01

member

Activity: 462

Merit: 12

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Do not worry much, I think that the trader in the crypt had similar situations. Predict everything is simply unreal.

stunedi

newbie

Activity: 210

Merit: 0

The way i see it, you have not lost anything, instead gained a valuable lesson, multiplying it manifold by teaching many more by sharing it here, thank you!

AndreyBitTalk

newbie

Activity: 251

Merit: 0

You didn't lose 80k but you just missed the opportunity to have the 80k. Know the difference. And yes. I think not holding for a long time or not holding until the coin really become profitable is a big mistake.

Nasty23

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Activity: 736

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★Bitvest.io★ Play Plinko or Invest!

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..

That's a mistake on where every newbies experience and should be learn so that they can make an strategy in order to avoid it again and also we should be knowledgeable before we enter in the market of every coin so that we can easily manage our emotions that help us to hold the coin because we have a knowledge that in the future it give us a huge profit.

valek.bruno

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Activity: 728

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This is a very sad event, but still you do not need to get upset, you were able to get something, so you still have the opportunity to earn, but I think that you need to think again whether you need it, because now the market is not very predictable

Mofoblitz

newbie

Activity: 132

Merit: 0

We all make mistakes at some point of our life. the most valuable thing in the cryptocurrency industry is patience, that ability to hold on during the hard times. Crypto coins rend to take time before peaking. If you trust in a coin the its better to hold on to it as long as possible till it gets to the peak before selling. There is nothing that ca be done about it currently but at least next time you will Hold a little longer

Red Ron

member

Activity: 350

Merit: 17

Ha-ha. 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. That's life.

dbangel1994

member

Activity: 280

Merit: 10

Everybody also also have a same case. If you know before that you can be rich.
You look at it differently. if you had not sold and the price would have fallen - that's when you would have lost.

zippolo

full member

Activity: 241

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a lot of those who invested their funds in the cryptocurrency unfortunately lost due to the sharp drop in the market. but now there is a real chance to win back the money, because the prices are rising.

pujumba

full member

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Join The Blockchain Revolution In Logistics

The lesson learned is not that you are an idiot, but that you are impatient. Allow yourself to have some longterm holds by following one simple rule: never sell all of your bag. Sell most, but always leave some to hold for the long term.

Topic: I lost over 80k because i sold too early (newbie mistake) - page 35. (Read 4418 times)