Topic: I lost over 80k because i sold too early (newbie mistake) - page 41. (Read 4418 times)
It wasn’t a lost bro, only you didn’t hit the jackpot. I think you just panic that in the next day the price will drop so better to have more patience and hold because that’s the key for a trader. But it’s also good approach to be safe for a starter/newbie because your stil in learning stage. And for me it’s better to sell it if I already get some profit base on my capital, no need to be too ambitious to hit the jackpot sometimes.
This is market and whatever you sell, forget that episode after your sell as this market is volatile and your coin can go to moon or earth. This market gives maximum returns to long term holders those who never sell in panic and hold their coins for a bigger term.
I say just do not be focused on it. That happened to all of us and what you can do is keep researching the market, investing in most attractive coins and hope to catch some good profit.
i would like to wait for the price to go up and then sell it
That's cryptos for you, nobody knows when a particular coin would rise, that's why it's necessary to hold till you have enough profit, and mind you! You might get a better gain when you sell today and later regret tommorow when you see the same coin keep rising, but in any way just HOLD!
'When to sell', this is the art of crypto traders. Don't worry about it, it's a commom mistake. Just learn from experience and good luck!!
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 think that's a common mistake in crypto investing. At least you're not losing your money but only missed an opportunity to get bigger profit. I also experienced the similar situation on tron and nano. I would have had more than 2 btc if i didn't sell my tron and nano too early back in late december last year.
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 is wrong to think so. If you have received at least some profit from the investment, then you have already earned. You just need to learn lessons and better analyze projects. Maybe you do not have to sell the whole asset right away. Two weeks later zclassic mooned and i could make about 80k now.
i learned my lesson in the hard way..
First of all, you haven't lost any money or investment. You probably missed a big opportunity, because you sold it before you flew. I hope you've learned a lesson from this experience. You should check the coin / token base analysis and the upcoming news, so you can know the trend of the market.
Im a newbie and Im afraid too
I SUGGEST YOU BUY RIGHT AND SIT TIGHT TO MAKE PROFIT FROM CRYPTO MARKET
In order to avoid such situations, you need to study technical analysis. On the cryptocurrency, it works in conjunction with fundamental analysis. It is necessary to follow the project and the news.
you miss your opportunity to gain more and that's a common mistakes of all newbies here, that's why after receiving some token from airdrops or bounty or buying it is better to hold them for a longer period of time first before selling since price may change.
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..
Trading too frequently is definitely not good unless you are trading genius. The best way to profit in crypto space is holding the coins (in your opinion) that has long term potential. 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..
Two weeks later zclassic mooned and i could make about 80k now.
i learned my lesson in the hard way..
You draw conclusions when you already know what the price has become. Similarly, the price could be $ 0 and you would be glad that you made the right decision. It is difficult to assess how to act correctly even with experience ...
To be honest this is normal . In such a situation, visited everyone ), no One can predict what will happen in some time.
I am not surprised at stories like these because the same thing happened to me with ethereum. I think that this has happened to every trader at least once and you know what they say, experience is the best teacher. At least after this you know better than to repeat such a rookie mistake and hopefully a lot of other newbies can learn from this and don't end up selling too early.
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..
Having lived in this situation has been a great regret, as it is a serious experience for you. But to think about the situation that I have lived in, you have suffered quite a bit, my friend. When I first heard Bitcoin's name, it was worth $ 15. I have never had the opportunity to accumulate because I am a student. The same goes for Ripple. I remember the days it was $ 0.0005. Ripple did not have any financial distress, but read the comments that it would never be appreciated, so the Ripple train ran away. The same situation happened unfortunately in Ethereum.
you just scared about market, so when the market not your prediction you start to panic and fast to sell and you get loss the profit. i suggest to you this is your experience at now and dont do that, keep learn and study about market and the last be patient
You don't have to bother about these things. You could have the opposite situation. You are sure that you were more than sorry that you lost $ 80,000 for not selling. Therefore, keep chasing investment opportunities. I'm sure you'll get an opportunity one day.
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