I lost over 80k because i sold too early (newbie mistake) - page 54.

BettingTips

full member

Activity: 238

Merit: 102

OPEN GAMING PLATFORM

Maybe you've learned a lesson in trading through this case

. Trading is not easy and it's a money earning way for patient people, you can earn although you sell it right at the next day but it'll be much bigger when you can hold it for a little bit more

. Maybe I think you should try to find a legit trading signal group to know what price is the best price to sell to avoid this case

cryptodrei

member

Activity: 207

Merit: 10

The future is your Genome

That is every newbie's mistake not checking the news or fundamentals before selling their coin,i know the feeling of losing a good opportunity because you could make thousands of dollars if you just check both technicals and fundamentals of the coin,Now you know how it feels,what are you going to do to prevent this from happening again? you have learned your lesson hard but its okay there are a lot of coins that has potentials and you just need to do research.

Jake_Shannen

jr. member

Activity: 70

Merit: 1

Quote from: Cje on February 16, 2018, 10:21:19 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..

I think it's more of a missed opportunity than actually losing any money. You lost the chance to to get profit. There's great lesson here, and that's to always have faith in your coin specially if you've done a thorough research about it. All coins do have the potential to really moon which will give a greta profit.

Djabba

full member

Activity: 528

Merit: 100

I don’t think it is right to think that way. There are always some opportunities you use and there are some you don’t. I always sell part of the coins ones I get good profit from them and I can keep the rest for some good time. That way I can’t blame myself later in neither way

xCryptoManiaX

full member

Activity: 361

Merit: 137

Learn TA, the only way that SOMETIMES you won't lose like this. Trust me, it helps a lot.

Igromania

newbie

Activity: 320

Merit: 0

Quote from: Cje on February 16, 2018, 10:21:19 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 most important thing is that you have learned a lesson! Next time, you'll be able to earn a lot more.

nakamote

member

Activity: 210

Merit: 10

WINSTARS - We are changing the face of gambling

No you didnt lose anything but you did lose a good opportunity to gain $80k which if you have checked the upcoming news of your coin im sure you didnt sell that time,fundamentals or news has bigger impact in the market compare to technical analysis or charting,because people are too dumb enough to panic when someothing negative came out,or some positive news came,mostly people doesnt do research that is why these manipulators are using fundamentals.So i hope you learned your lessons,and do not make the same mistake.

cryptoux

member

Activity: 186

Merit: 10

Technically you didnt lose $80k but you did lose the opportunity to gain $80k from your trade if you did research because ZCL has upcoming fundamentals that is why it is being pumped from the past days.This is the main reason why i always check both technical and fundamental analysis so i can decide which is the best move for the coin,hold or sell?you should be check thee two factors too so you can be sure for the best move.

Faeton

member

Activity: 308

Merit: 11

In this case, you can not say that you lost your money. Loss of profit is not equal to the damage suffered. This case simply teaches the subtleties of the trader's work. There will still be many such situations, and the main thing is to learn from this the necessary lesson so that in the future we will not repeat the same mistakes. In principle, everyone goes through such situations and even an experienced trader can not always determine how to act in this or that situation.

sangalangdavid

full member

Activity: 443

Merit: 100

https://streamies.io/

That will serve as a lesson for us to learn. That is the reason why we should not be greedy in selling and just wait for the price to go up again. We learn from our mistake so next time we already know what to do.

asdlolciterquit

hero member

Activity: 1666

Merit: 565

this is not a newbie mistake! A lot of expter trader make the same "error". Think this: a lot of people don't sell enough quickly when the price go down and lost a lot of money..

castis

newbie

Activity: 135

Merit: 0

I think best is to not think of missed opportunities, because there is thousand of them everyday, better to think what to buy and buy it, than to think about past.

deadmousehat

full member

Activity: 1974

Merit: 101

I think it's normal for beginner, everyone has made a mistake like that before and learn from that mistakes.
You not lose 80k but you miss it.

deevan

jr. member

Activity: 238

Merit: 7

Don't over think about it, every person learns from his mistakes. I know it is very hard for some people HODL due to FUD in the market they end up selling their coin. What can I say at least you sold your coin in profits, not in loss. There are many projects around there invest in good projects and at least hold for 1 year.

Crypto market is unpredictable you can end up in profit or in a loss.

cobak pole

member

Activity: 136

Merit: 10

I also experienced the same thing
and I do not think many people have that problem.
because to see the pontensi of an altcoin is not so easy and
besides that there are still many things that need a deeper understanding of an altcoin.

toilatan2

newbie

Activity: 44

Merit: 0

Feel like you~~

arpaul

member

Activity: 294

Merit: 10

Quote from: Cje on February 16, 2018, 10:21:19 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..

That's why i always hodl it for long term and only check the price twice a week. I always have faith in the coins i chose based on research i did.

paxmao

legendary

Activity: 2310

Merit: 1598

Do not die for Putin

Quote from: Cje on February 16, 2018, 10:21:19 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 only thing that surprises me is that you are using a newby user for the post. Trying to have some privacy I guess.

It is a question of risk, you did not loose anything, you just made some profit and did not take risks. It mooned but could have doomed.

ICO Lancer

newbie

Activity: 182

Merit: 0

Live and learn, what can you do.

Experience is one of the strongest things you can learn from.

kreja

jr. member

Activity: 75

Merit: 1

Today my cousin told me that he decided to buy some btc when he heard of the idea in year 2009. But it was not easy to buy bitcoin at that time so finally he gave up. But he is not regret because he knows that even if he bought some btc in 2009, he would sell it when the price reaches $1 or $10. It's really hard to hodl.

Topic: I lost over 80k because i sold too early (newbie mistake) - page 54. (Read 4418 times)