I lost over 80k because i sold too early (newbie mistake) - page 48.

Dread

member

Activity: 315

Merit: 12

Quote from: Cje on February 16, 2018, 09:21:19 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..

the main word in this replic- "may be"))

may be YES- maybe NOT- in this sphere you must to drop your crypto if business looks not very good

manhont

full member

Activity: 518

Merit: 108

In this case, I always use the strategy of 50%, half leave, in case, suddenly, the growth will continue

Zz

legendary

Activity: 1820

Merit: 1077

somebody has to lose money for someone earning money. this is market rule. Prices would not have fallen if nobody had sold it.

Rrtt

member

Activity: 378

Merit: 10

Quote from: Cje on February 16, 2018, 09:21:19 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..

Part of life here in crypto world buddy. You did lose the opportunity to earn profit for that much but don't worry many opportunities out there waiting to be unfold. Just try not to make the same mistake again.

Patron92

full member

Activity: 234

Merit: 100

Most importantly, to draw the right conclusions from their mistakes. Experience is very important in the field of cryptocurrencies.

ohkkstaaahp

member

Activity: 378

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“The Premier Digital Asset Management Ecosystem”

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.

nicolesalv

jr. member

Activity: 252

Merit: 4

Ethereum Limited Edition ICO

Quote from: Cje on February 16, 2018, 09:21:19 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..

It is normal in crypto world because the prices of cryptocurrency is unpredictable . Sometimes if you don't sell early you will regret, sometimes it's another way around, if you sell early you will regret too. Anyway I think hold is still better than sell right away. Just choose the coins to hold and the coins that you think needs to be sold early.

Youngflydude256

newbie

Activity: 137

Merit: 0

Why feel bad? You selling the coin early means you didn't believe in the coin that it would moon. You never lost anything amigo, next time before you sell a coin, analyse and check if they are about launching a roadmap or hitting a milestone like signing a partnership. These are things that makes a coin to moon

AAlex48

member

Activity: 336

Merit: 12

Quote from: Cje on February 16, 2018, 09:21:19 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..

Such thoughts will pass with time, this is a fantasy, bought on a low sold on high.Often this leads to loss.
You need to do everything in certain percentages, do not sell everything at once, depends on the situation.So everything is fine, you have not lost anything.

thesmallgod

full member

Activity: 1498

Merit: 129

cryptocurrency trading are not for someone who can not take risk. the price of crypto is very volatile and price movement can be very fast sometime compare to the traditional stock exchange where stock price movement is slow. if you want to trade you need to make up your mind and forget about thinking of losing. I have made similar mistakes a couple of time when I first start to trade. I can remember the day I place a sell order with interest of about 20% but when I wake up the following day. the coin has gone 150% of the price I bought. I feel like killing myself.

Jesabela04

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Activity: 540

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BountyMarketCap

Quote from: Cje on February 16, 2018, 09:21:19 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..

Losses are part of our journey in trading so we must just deal with it. We can't trade perfectly in trading in the beginning. It is normal to commit mistakes here. That is also the reason why we are asked to be patient because good things come as we wait for the perfect timing.

KryptoKai

full member

Activity: 630

Merit: 100

It's a tough pill to swallow but it is not just you that sold too early and missed out on a fortune. Imagine all those early miners who sold thousands of bitcoins for peanuts because no-one knew that one day it would be worth $20k. Those people must be kicking themselves!

ngavanngo22

member

Activity: 238

Merit: 10

OPEN GAMING PLATFORM

Lesson learnt

.

Don't do that mistake once again and you'll be fine

). Don't blame yourself too much cause it's a normal mistake that everyone also made when they just joined this world for short time. I also had the same mistake when I sold my EMC2 with very low price

dolcefarniente

full member

Activity: 616

Merit: 100

Quote from: Cje on February 16, 2018, 09:21:19 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..

If you could sell your coins with some profit then you have not lost anything. Even a small real profit is better than just a huge imaginable opportunity to earn.

Nedrek

member

Activity: 252

Merit: 13

Never sell all 100% of coins you bought at once, sell them at rates of 50/25/25% and often your profit will be much greater.
I sometimes sell only to return the invested amount, and leave the rest for a long time.

helin9108

full member

Activity: 294

Merit: 101

ELYSIAN | Pre-TGE 5.21.2018 | TGE 6.04.2018

You made a mistake and you realized that and its good thing so that you will not make the mistake again in future but in this case i will advice you that if invest in any coin for good return, you have to set the target to exit or you have to set your goal when to exit either you want 30-40% return on your investment , if this goal achieve thats it so you should exit .

TooDumbForBitcoin

legendary

Activity: 1638

Merit: 1001

It is impossible to always sell on ATH, but yep it is better to await a top with stop or trailing-stop orders.

nitrinto

newbie

Activity: 210

Merit: 0

you look at it differently. if you had not sold and the price would have fallen - that's when you would have lost.

hani1929

member

Activity: 336

Merit: 10

that is the risky part in trading you should have to learn first what are the important things in trading. You should do research first about that coin before you sell it early, when you buy a coin you need to check it first if their project has a good future, when that coin is good you should have hold it and wait it to go for the moon. too bad if you lost 80k thats only a part of trading but soon enough you will learn how to trade.

anitaraymonds

full member

Activity: 490

Merit: 100

Experience is a good teacher you have learned from that mistake and you will make use of the lesson in your future transaction. We all made same mistake but some times the token will go down further and you then feel you have done the right thing.

Topic: I lost over 80k because i sold too early (newbie mistake) - page 48. (Read 4418 times)