I lost over 80k because i sold too early (newbie mistake) - page 58.

coinsocieties

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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..

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.

Mumbeeptind1963

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Quote from: Hopeful2017 on February 16, 2018, 09:59:30 PM

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..

You mean you sold your coins immediately after buying? You did not keep hold of them and wait for the price to go up thats why you lose almost 80K. That is really lesson learned, you must always keep the chart and learn the basics of trading. You must read more about trading so that you will not lose money next time.

You've been panic when you saw a price dropping right. You didn't even make time to just hold for a while your coin? Aww, that's really sad thing, however you can't do anything to bring back what's lost, all you have to do is to correct your mistake next time. This thing is not avoidable in this kind of job, you must be careful and a wise thinker and decision maker next time.

Schultz88

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You are not losing 80k for real but you missed your chances to get over than 80k. Actually who will know that the price would be mooned, if anybody knows why then they will be very rich.

shana95

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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..

Did you sell it with profit? If it is, be happy... Because you are at least in profit. We can't guarantee all the time it goes up with profit. once my friend had 9000 UCASH. it reached $1.9 on 13th of February. but he didn't sell it waited for more up. But now coin value is $0.04. I guess this example will show how much risk there. So don't worry if you are in profit. Because price rising like that is not happening always. If you don't have good analyse on that coin don't HOLD it. good luck mate

Hopeful2017

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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..

You mean you sold your coins immediately after buying? You did not keep hold of them and wait for the price to go up thats why you lose almost 80K. That is really lesson learned, you must always keep the chart and learn the basics of trading. You must read more about trading so that you will not lose money next time.

kier010

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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..

you buy 365 coins at price of 2$ so how much did you sell it a couple of days later? if you you sell it higher that 2$ then you did not loss anything but gain profit but if you sell bellow 2$ then that is what you called loss. maybe what you lost is patience and sell it early and because of it you gain regret as well. lesson learned so now buy and hold.

99th

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Quote from: spiker777 on February 16, 2018, 09:25:26 AM

How can you say you lost $80,000 when you didn't have any Zclassic when the price spiked? You didn't lose anything.

That's like saying you lost $50,000,000 because you didn't buy a lottery ticket that might have won.

In any case, there are plenty of other moonshot opportunities, just invest $500 each into the top 10 promising candidates, you only need one to succeed to recoup your investment and more.

This is what I was thinking. The OP didn't LOSE anything and there is a 99% he actually MADE money - He is just mad because he didn't make the moon load after it pumped with the force of a rocket.

@OP you only lose $ if you actually spend it in the first place and fail to recover it. When you miss an opportunity to MAKE money you only lost that - the opportunity - not actual money.

BIG DIFFERENCE!

Getmon

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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..

I guess many of us learned this lesson the hard way. That is why hodl has become the most appreciated strategy. Active trading is really good but because we cannot predict the next movement of cryptocurrencies with a hundred percent accuracy, it is sometimes much better to just hold them. After all, even if they pump and dump as any normal coin would undergo, they will still grow in the long term.

zeze18

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you don't lose any, you just don't get the opportunity to get that money.
If you said it you lost money, i'll say lost million dollars for not buying bitcoin in 2012

Pattart

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Quote from: arakate93 on February 16, 2018, 09:25:59 AM

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..

as we know, the digital currency is very fluctuating movement, we hold the coins until we feel it has reached the highest price, hopefully it becomes a lesson

sorry for the bad its my language

sometimes I also make a mistake selling before reaching the highest peak. but it has already happened. the most important thing i get a lesson for what happened. that patience and mature calculation are the key. when prices rise it is not necessarily the highest price dude.
do not be too sad to make it as experience and lesson for you. I'm sure you'll be better at trading ahead.

Acguy

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You can't lose what you never gained, you're basically hoping to sell every top and buying every bottom ever.

Barcode_

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You didn't lost any of your initial investment deposit amount, so you have not actually lost 80K of your money, you just sold away all your ZClassic coins before the huge price rise, in my opinion, I would say you just lost the opportunity to become 80K richer, and this happens quite often in any trading market.

InvestICO2L

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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..

I think you haven't lost 80k because you're not own ZClassic coin when the price of ZClassic increased, you just miss the opportunity to get big profit from ZClassic and i understand your feelling because i used to miss the opportunity to 4x my money with Siacoin, i help Siacoin 4 months and i sold Siacoin 2 days before the price of Siacoin goes up 4x. So i think in the cryptocurrencies market, Patience is a element very very necessary to succeed.

Ryan Tirta Permana

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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..

What is 80k? instead of your funds if calculated is $ 730 result from 365 x $2, probably because you do not think that zclassic can grow in the future, it's common if you only see a small profit and i think is good experience for a newbie.

romecheo

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Basically what you lost was your confident, your chances and your determination to pursue.

This is usual ways when we dealing with crypto currencies. I haven't experience this only once but multiple times. I bought almost thousand pieces of token/coin and sold it before it reaches the moon.

hieu81

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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..

At times you want to sell! This is a best price, so you are a best trader with max profit!

martin1221

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A lesson to learned mate, maybe just hold your temperature and emotions from losses. Now you know what to do in the next. Many of us are in that stages mate, just gather some information on when to buy and when to sell

Johnzky

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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..

you learned you lesson by the Weak Hands lol.before buying any of coins that you wanted to invest PUT a target Percentage for profit,so that target is your basis when to sell by this strategy you have no reason to panic even if the price is dropping because for sure you will aim for that amount before leaving the exchange

Jombitt

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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..

You mean, you buy zclassic coin at 2$ ? then i assume that you sell it for at least having a 5% + profit after a couple of days. And now you think that you could make about 80k $ if you just hold it until now? Your not the only who experience it, even me. I sold some of my coins with low value but now the price is to the moon. This is normal in crypto, so its better to move on.

xianbits

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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..

Though some people here tell you you didn't lose anything, same as you, I treat this instance as a loss and if it's really me, it would take me time to move on.
It happened to me in the past (but I'm sure it was not as much as 80k). The good thing here is the lesson learned from this experience - that holding is essential.

Topic: I lost over 80k because i sold too early (newbie mistake) - page 58. (Read 4418 times)