Topic: I lost over 80k because i sold too early (newbie mistake) - page 43. (Read 4418 times)
I know we regret if the price skyrockets and we have sold, but i personally will suggest you to never regret or panic especially if you have taken profit, i mean even if you have taken 10% profit from your zcl investment just be happy as you did not sell in loss, there are more opportunities, you will see great gains in one or the other so keep faith and you will do well.
The most important thing is not to repeat the mistakes that you made, because you will never learn and you will not become better 
Yes, I also made the same mistake. I sold my crypto currency in advance, and after a few days, its price rose wildly. I think there is a need for patience in the encryption 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..
That is the reason why you always need to study the market before investing or selling your coins, in order for you to avoid losing a huge amount of profit since there are different people who are not well knowledgeable and that is the reason why the market is dumping its price.
In such situations, the main thing is not to give up, but to gain valuable experience. Next time, do not succumb to global collapse, keep your coins to the end.
I learnt a lot of lessons from a friend of mine that introduced me to crypto. He got some coins from one of his bounty campaigns. He sold those coins at the ICO price, a month later, the coin eventually moon. The coin he sold for $1500 rose to $5,000. At times it's not good to sell coin too early especially coins with promising future.
This is not a real lose, you just need to be strategic, Next time ensure you follow the project roadmap and also understand the market trend, the cryptocurrency market is quite volatile at tie Holding might be a wrong decision.
Even an old hand often makes this mistake. 
Because most of the time people are always chagrined, because it's too early to sell tokens.
Because most of the time people are always chagrined, because it's too early to sell tokens.
Remember sir if we do not follow the correct signal then will not get the info from the coins will rise how many percent because the signal is usually there in the big community so we who become solo traders will always like that, therefore we must be mentally ready at market entry because market conditions are also unpredictable, I'm sure when you sell the coins a small decrease so you are afraid the price will continue to fall and make your profits smaller but the price is rising.
we all make mistakes at some point of our lives, It doesn't mean we have to live with these mistakes and always drag them along everywhere we go, we have to learn from them instead and improve our knowledge of the crypto market, you made a rush decision to sell too soon which is pretty understandable for a newbie, you had your reasons but at least you have learned a lesson about one of the most important attributes in crypto, Patience. It will make you more money if only you are patient enough
It is necessary to have a steady income - in order not to repeat this error . Different expenses come up all the time, sometimes quite unexpectedly. And here it is important to refrain from selling cryptocurrency, realizing that in a few years these coins will be at very different levels.
A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ 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..
Anyone new to the Crypto market will have the same mistakes as you. You may lose 80k today, but later on you will never make the same mistake in the future. You can make more than 80k, good luckTwo weeks later zclassic mooned and i could make about 80k now.
i learned my lesson in the hard way..
if it's a good coin, there's going to be a significant price increase, that's why there's a lot of interest in it so many people buy that coin and make it expensive
This is an experience everyone has had. We can't predict what price the tokens we invest in will rise to in the future, so we can only earn as much profit from it as possible. This is what our investors need to do most. There is also I believe that investing in this industry is very important for patience.
When i started trading, i was also newbie, I suffered losses, as i was impatient and I sold early. Many people have suffered losses because they don't have knowledge and information about trading, so it is very important to be well-informed about trading. You can read various blogs and watch videos about trading. You can find plenty of tutorial about trading on Youtube.
This is not an experience of investment failure. I think you have done your own job. The market is unpredictable and we don't know when the coins you sell now can reach a high point. I want to emphasize that we can't sell a coin at the highest price. It is a wrong idea to calculate the loss according to the highest price.
I wouldn't worry about it. It's pretty difficult to predict which coins are going to moon anyway. You can just do your research the best you can, and hope that you get lucky. Other than that, as long as you don't lose money, there aren't any wrong decisions.
You 're right mate its hard to predict digital currencies movements,if we want to make sure to have huge profit then monitoring the price every minute would help before trading.Long term holders doesn't make this strategy any sense because most of them hold their coins till it skyrocketed no matter how long it will go.
Well, you haven't lost you just missed a profit. In any market this is normal, no one would be able to buy at the lowest and sell at the top. However, it is important to buy in projects you believe in and hold it for a bit to see good gains
You didn't lose anything because you didn't bought the zclassic when the price soar, it was like you would've won a house and lot but you didn't because you didn't purchase a raffle coupon. It's just a matter of taking risk.
I believe at some point all of us in the crypto currency market have made such a mistake by selling coins when we shouldn't have because at that point we did not fully understand the market and the fact that prices can go further up so might just be selling out of fear, what you should do is to learn from this and never repeat the mistake
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