Topic: I lost over 80k because i sold too early (newbie mistake) - page 50. (Read 4418 times)
Firstly, you should have a good reason for buying any coin. Make sure you have done your TA & FA excellently. And set a target gain for yourself. Every trader is trading against each others emotion by the rise or fall of the price chart. Patience is a virtue you must have excessively If you want to succeed in cryptocurrency.
me too. I bought and sold at the wrong time so I lost a lot of money. Do you have potential ico to invest ?
I have also had similar experience with some coins i bought. I sold too early and right in my presence, these coins were mooning. I could not buy back,because i knew i would not have enough coins i had initially. I also learnt a big lesson here.
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..
80k Two weeks later zclassic mooned and i could make about 80k now.
i learned my lesson in the hard way..
bummer dude just learn fro this and don't try to think about it to much remember life is the best teacher a person can have better luck next time 
Wow, 80k, that's a lot. I'm very sorry that it happened, but the hope of getting it back always remains, because I've heard a lot of stories about how people earned a lot of money on this business and had time to buy a lot of things for themselves, yet $ 80k is big money
One of the most recurring argument of any investor is the regret. Analyzing the issue more carefully, investing occasionally without a well-defined strategy hardly produces satisfaction. Of course we have seen over time, some very strokes of luck... but they are quite sporadic.
Probably, the smartest thing to do is to manage our portfolio with great simplicity, focusing on very risky assets only sporadically with a small part of our capital, perhaps the one received from another investment. You will feel more comfortable with your investments, even to lose everything with high risk hazards.
Probably, the smartest thing to do is to manage our portfolio with great simplicity, focusing on very risky assets only sporadically with a small part of our capital, perhaps the one received from another investment. You will feel more comfortable with your investments, even to lose everything with high risk hazards.
oo this is our common problem:) I sold xmr, eth, etc ltc.. all of them was ok but ZCL was very hard :S
That is why i always suggest to hold good projects and coins for long term so you can reap the bigger peofits and do not ever regret after selling, just move on.
The way i see it, you have not lost anything, instead gained a valuable lesson, multiplying it manifold by teaching many more by sharing it here, thank you!
That doesn't mean you lost. You just didn't get the profit. There are thousands of people whom got BTC for 40 cents and sold at 1 dollar. I think you are going to be just fine 
Indeed, well said.
You lost $80,000 of opportunities but there are still to come and you only lost a small portion of your life.
Lessons learned and should not be worst in the next time you try because you already passed some opportunities and that means $80,000 isn't really for you.
Probably $1M is waiting for you in the end of the line, who knows!!!
A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ 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..
The bad news is you lost your opportunity of getting $80,000 because you are not a holder and more likely one of the panic sellers, well, we can't blame you because that's your coin and money, you can do what you want.
The good news is - you're learning the lessons.
It's really hard to predict everything in Cryptocurrency market due to it's volatility but we all learn lessons because even we fail or losing Crypto Assets but we are not behind and we are still in advancing as we are heading to the future and while people aren't into Blockchain and Cryptocurrencies - we are still earning them and there are so much chances to get it back because we already did get the lessons in the past.
That doesn't mean you lost. You just didn't get the profit. There are thousands of people whom got BTC for 40 cents and sold at 1 dollar. I think you are going to be just fine
my advice to beginners like you, do not panic quickly when you see the price down.
You just need to be patient and wait
You just need to be patient and wait
Everybody made mistake before just don't act like you lose something you never got before. It is like saying I won the lottery ticket because I thought about the winning numbers before but I bought different numbers
That not lost but you miss big profit, i think you have to learn about fundamental analysis and doing long term trading especially for strong fundamental crypto. And every trader include my self was doing the same mistake and from that i can learn more new strategy to maximize profit.
A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ 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..
We've all do mistake especially when we are newbie that's why we've learn ang got some experienced after done on our mistakes that's why on the next time we know what to do to have a plan before trading or buying any altcoins so we can maximize our profit and minimize our losses. Always remember that HODLERS are always the winner. Goodluck.
If you go into the world of crypto-currencies, you must at least 4-5 months minimum for a long time. And if you start falling over your bought coin, then do not rush to sell it quickly and tolerate it. If the choice with your coin was correct and you did not buy the first coin that you got, and you bought a good currency in the trend, then it will definitely grow!
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..
For me that is normal to lose money because youbsell it too early, you are a beginner so you definitely do not know what to do but at least you have manage to sell it and make some profit sp in the mext time you encounter that kind of situation you will mever sell that early again because you know what can happen you gain some experience and lesson so you wpmt do it again
I think everyone in the forum have the same mistake with you. I sold 700,000 BTS at $0.005, now the BTS price is $0.25.
So it means I lost about $170,000.
So it means I lost about $170,000.
Well sorry you are regretting later but its a lesson to you.You should learn to hold on to low supply coins tightly as they are likely to moon sooner or later and that usually takes patience which you have to develop.
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