I think almost every newbie did that mistake,
the only difference is the value itself.
i also ever lost 15-20k when the price is dropping in january.
but it doesn't matter,that experience will become a lesson for us as a trader so we don't repeat it again.
just be patient and don't panic whatever happens in the market.
Topic: I lost over 80k because i sold too early (newbie mistake) - page 57. (Read 4418 times)
Almost same thing happened I sold around 100k dent coin for 0.1 ether after a month I could have sell it for more than a 10k may be even more because price reached 0.10$ . I learned a big lesson from this mistake. But it is not always true some coins looses its value more than 100 times.
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..
At least you have learned your lesson and we have learned too from your experience. I would say that if you believe in a certain coins then hold it for at least a year or two because that span of time can make you a millionaire or you go broke. At least you give a try to a promising coin.Two weeks later zclassic mooned and i could make about 80k now.
i learned my lesson in the hard way..
By the way, you did not lost anything, you just gained small.
I think 99% of people in the crypto space can say they made a move either, buying, not buying, selling or not selling a coin.
It's happened multiple times to myself, and will probably happen again
It's happened multiple times to myself, and will probably happen again
I wouldn't call it a "Loss". But more of an opportunity cost where the opportunity was foregone.
Honestly speaking my friend, if only all of us can predict what would happen in the future then we all are millionaires now 
. For me, you made the right move, as long as you profit with your transaction, it is fine. Don't be too greedy because we can't approximately forecast the future.
. For me, you made the right move, as long as you profit with your transaction, it is fine. Don't be too greedy because we can't approximately forecast the future. 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..
hopefully this can be a lesson for all new players to be more careful and more patient not only that you should be more patient when there is a price change.
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..
This is usualy in altcoin investments, I'm also regret for selling 5000 PPT with price only $ 2 (november), if I hold and sell now then I get huge profit because the price of PPT is now $ 30 even once reached $ 60. Two weeks later zclassic mooned and i could make about 80k now.
i learned my lesson in the hard way..
It is difficult to pin point the highs and lows but it did sound like you got out of Zclassic too quickly. HODLing is paying off more than day trading. Next time before you get out of a cryptocurrency, make sure you are happy with the profits regardless if it keeps going up.
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 read your post and it seems that it is not case. The way i interpret it, you did not lost 80k because you sell your coin too early but i think you missed that opportunity to profit 80K because you sold early. Maybe you make profit with that transaction but only a little. Two weeks later zclassic mooned and i could make about 80k now.
i learned my lesson in the hard way..
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 didn't lose anything. I mean you locked in your profit and that was the best thing to do for we all know how volatile is the market. At least you have something to 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..
You lose an opportunity to have higher gains but you didn't really lose anything. You even have gains in your previous trade I suppose when you sold those Zclassic when it was $2. A gain is still a gain no matter how big or small it is. You can always have another opportunity and just be thankful that you were able to have some gains in that trade because others did have some losses in that trade when they bought ZCL higher. Just think of the possibility that if ZCL didn't moon and tank after when you sold then you would have been thankful that you sold it. There would always be other coins that you can have opportunity and do not be greedy cause you might end up losing more wishing for a higher price.
A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ 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..
Already many experienced people are suggesting us to hold the coins because when it is in dips the only option we have is hold as long as possible until we make profits. Once Bitcoin prices settles automatically the price of coin will increase in the market.
What a pity. May you make better decisions
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..
I have almost they same experience with you as i sold early too then now the price of that token is around 20$ each i feel bad but its ok for me maybe this a good lesson that i have to do is to hold a coins in a long term so you will not regret in the future.
This is normal in cryptoworld since the market are full of big whales their always a chances that the price will boom in only a couple of minute ot hours if you think that the token you bought have a high change to boom then hold it for long term dont be sell early if you buy a token in a small price always trust your self and be update on the token you buy thats a reason you will learn from selling too early.
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 could also be a millionaire right now if you bought 1000 bitcoin when it was a $1. Don't dwell on what could have been. We've all been there.
It is the first and foremost lesson of crypto! Hold so long as you can! If you try to gains fast profit, you should be ready for such things. I agree that you could not lost anything, but just missed one of chances
[/quote]
safer to buy when there is blood on the streets, ie. when fear is the greatest. But that wait requires patience...
That definitely would have been a nice profit but just count yourself lucky for now as a lot of newbies have came into the game and lost big time. Just research your projects and hold if you can. Good luck.
A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ 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..
yes that's a mistake for new players who do not know or are still lacking how to get the right trading, the right trading to get a lot of profits you just need that patience is the most important and do not be fooled by the talk of people.
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..
Lesson learned! What happened to you also hapenned to me. Rushing in selling will lead to regret. Learning how to hold your coins in the long term will make much income in the end. Two weeks later zclassic mooned and i could make about 80k now.
i learned my lesson in the hard way..
Jump to: