Topic: I lost over 80k because i sold too early (newbie mistake) - page 46. (Read 4418 times)
I think everyone makes mistakes. it is impossible to predict when there will be a maximum price to sell.
there is such wisdom: "until you've lost didn't make a mistake, you never learned".and in your case you have learned and now very knowledgeable
The most important thing to keep in mind to stay calm and not making any sudden moves. The best strategy to invest in long term coins that will bring you a good profit but only in case if you can be patient. It was pretty expensive lesson so keep it in mind for future... but do not regret it will nor bring anything except stress
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 did not lose $80k you sold your coins on profit but you missed chance to get higher profit.Always maintain your courage and patience.Try to invest in best coins that later reward you with higher profit.Same situation happened many times with me,but i cant say that i suffered loss,i can say that i could not avail high ROI,simple is that.
Yes, what has happened let it happen.
Make this a valuable lesson for you and make the future more cautious.
Learn, when a coin has good potential, do not rush it for sale.
Because it could be the value soared.
Continuously monitor the Cryptocurrency market.
Make this a valuable lesson for you and make the future more cautious.
Learn, when a coin has good potential, do not rush it for sale.
Because it could be the value soared.
Continuously monitor the Cryptocurrency market.
There will be tons of mistakes since you are in crypto, just keep lessons in mind fasten your seat belt and hold on to the mooon!
legendary
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Leading Crypto Sports Betting & Casino Platform
Very expensive lesson. I use the strategy of hold. In any case, after a long time, the price of coins will be more than now.
Well it's not really lesson if he just missing the opportunity of gaining 80K, it's just a missed opportunity and he didn't literally lost 80K.However, such thing often happen in crypto world, no one knows what future holds. It's better not to regret it, but keeping on earning even more money, maybe you will get what you lost back.
Very expensive lesson. I use the strategy of hold. In any case, after a long time, the price of coins will be more than now.
It often happens that even when you get a profit, you start feeling sorry for what you sell out early and you could wait. I try not to do this because after that trading will not be pleasure at all
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
so it will wisely if we can think before selling the coins and doing analyze for the coins will help us to determine if the price will increase more than the price we buy or it just stays for that price for a while. there are many indicators that will show to us if the price wants to move higher or lower so we can use the chance to wait, hold, or even for sell the coins.
Everyone who enters this industry will encounter such a thing. We must accumulate some experience through a large number of transactions. Therefore, I recommend a small amount of investment in the initial investment, which will avoid a greater loss of own property.
Agree with you mate, you have to encounter such experience in order to learn what cryptocurrency is all about.
To invest in the encryption market, I think the most important thing is to have enough patience. Encryption market instability requires more patience. Maybe you have sold your cryptocurrency today and it will rise a lot tomorrow.
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 always keep your coins for long term. never buy for hold short time, you will regret when they mooned.
the important thing is you must learn about the coin you want to buy. does the coin have a potential ?
if yes, don't falter to buying that coins!
Everyone who enters this industry will encounter such a thing. We must accumulate some experience through a large number of transactions. Therefore, I recommend a small amount of investment in the initial investment, which will avoid a greater loss of own property.
The most important thing in investing in the encryption market is to have enough patience. The price of the encryption market is very unstable. For example, if you sell your cryptocurrency today, your cryptocurrency may rise many times tomorrow.
You never lose as long as you have profit from your investment. We know that the market is not stable we don't know when it drops and ups. For that what happen from you, it is a lesson from our mistakes sometimes we decide earlier without double checking what the outcomes.
Only with experience, people understand that they do not need to rush to sell coins and it's better to wait 1-2 years until price will increase many times. But everyone learns from their mistakes and few people listen to the opinions of others.
We all passed through such experience. And I know that many of us have experienced that. like me, sometimes I would have had 20 BTC but because of my fears that it would crash I would immediately sell my tokens holding.
So I'm very concerned because according to would be the reason for changing my life
So I'm very concerned because according to would be the reason for changing my life
I often regret to sell too early, but I do not think this is a mistake, because no one can correctly predict the highest position, my experience tells me not to be greedy, this is the best way to avoid risk.
When you become an experienced investor, then you will still have such deals. The main thing to understand is that if you have already made a profit, even if it is not very big, then it is already good. The best option - is not to sell the coins completely. Always leave part of the coins for a long time. If they once again give growth, they will increase your profits.
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