every single person will have an experience like this one. selling then watching the coin moon at a later date. You have to ignore this and not say "i could have..." the crypto market will do this again and again. plus you didn't lose anything, you just didn't make a ton of $$$.
don't sweat it and never look back.
Topic: I lost over 80k because i sold too early (newbie mistake) - page 37. (Read 4418 times)
I have always loved and will love a long-term investment, because this requires a better patience, which not everyone has, that's the problem of every failure.
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 don't loose it but you don't have profit on it, and next time don't listen on some fud it will result panic selling and do your own research to avoid this mistake so you must learned your lesson just move on and find some profitable coin. Two weeks later zclassic mooned and i could make about 80k now.
i learned my lesson in the hard way..
FUD is always resulting to loses. Sometimes need to check the behavior of the market to avoid loses. Anyway just learn from the mistake it's a good lesson indeed.
That's life bro. Maybe it was not really meant for you. Just move on and learned your lesson there will be lot's of opportunities out there that will get you your next $80k or more.
this is learning trading the hard way. that could have happened to me, too.
that's why i do not trade. i have never luck with trading, too.
that's why i do not trade. i have never luck with trading, too.
I can understand that. It's a shame
I do not think it's a shame. Why? It has given us more work to learn to be patient and calm. In business or investment, no one succeeds without experiencing mistakes.It is a precious lesson for all of us, experience is something that is drawn from mistakes. That is really important in life as well as business.
Selling too early or too late happens to everyone. Don't let it bug you too much. There's plenty of opportunities to come, remember crypto is still fairly new. Hindsight can sometimes be a pain in the butt.
A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ 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..
So many of us here have experienced what you felt right now but take that experience as a lesson for you. There are always two scenarios where your coins will go, up or down. So if have faith in your coin, then hold on to it because as i have observe here, coins usually pumps up after a month or even a year. Couple of days is not enough if you want to profit for that coin. Two weeks later zclassic mooned and i could make about 80k now.
i learned my lesson in the hard way..
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 is the risk in crypto world you can tell if the token is gonna rise or fall, Had a token like EncryptoTel and it really didn't meet the standard requirment. Two weeks later zclassic mooned and i could make about 80k now.
i learned my lesson in the hard way..
I also learnt the hard way but i lose only a little as it's at the beginning and i only deposit a little money. After that i realized my mistake and always try to prevent my feeling to affect my decision. It really helps a lot as we had bear market about three months ago and i cut my losses early and buyback later and earn a lot of profit instead in that kind of market.
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..
Lol, you didn't lose as the title said. You just missed the opportunity to get such amount of money because you weren't patient enough. Many people faced the same experience as yours I guess.
I sold too early, but you don't have to worry about it because it could have been different. You should be glad that you have already been able to earn and not look at the lost profit
At us so basically it is arranged that you study on the errors. I think that learning from the mistakes of others is very difficult. But you have made a conclusion, and this is the main thing.
That's not the end, you're still a newbie, you shouldn't be blamed, but you have to understand cryptocurrency, and market fluctuation, if you invest you should be expecting huge rewards, which can come to pass if you have patience, i.e to HOLD till the price rise.
It is quite common as it sounds and to some it even happened more than once so nothing to be ashamed of and take the lesson just try to avoid it again.
Oh well, only a mistake with hindsight.
wow your story is very sad but i think it is a learning process and you are not the first or the last to experience this.I think learning from the experience could be very valuable to you and it will help to strengthen the journey that you have started as a newbie because there are greater things to follow soon.You just need to take heart.
such mistakes happen because of inexperience. most people lose their money that way. I hope this has taught you a good lesson and you will not be so wrong in the future. I would advise you not to worry, just wait until 2018 is over, because it promises to be very positive for cryptocurrency.
Yes it is just a disadvantage for those who panic or do not believe in the future. If they believe in the future and see the great potential of cryptocurrency, I'm sure they will hold it for the long term. That mistake will be a valuable lesson for us.
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.
Jump to: