I lost over 80k because i sold too early (newbie mistake) - page 60.

yudhistira

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Activity: 347

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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..

On the contrary, this is the biggest mistake of all newbies even in gambling. Everyone says he has lost what he could have won. If you are out of the casino / market even with 1 $ more then you are not at a loss (at least financial, wasting time, nerves, etc. but not money).

You invested $ 730 and if you are cashout even 731$ this is not a loss.

But yes, this may be a lesson to you not to rush. Grin

lemonscentedbreeze

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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..

This happen normally to us newbies since we haven't been able to grasps the cryptocurrencies volatility, actually I almost did the same mistake even with my friends advices I almost sold my investments to cut my losses and shift to a new altcoin good thing I resisted my urge to sell them and look how the market goes green again, its really true that holding is the safest and the best step to take when it comes to trading.

Minecache

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Vave.com - Crypto Casino

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..

Never sell the whole position if you are not sure. Sell one half for USD. In this way you won't regret if your position will go down or up. It would be the same for you Wink

anhlandibo12

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The stock photography revolution

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..

After observing the rates of cryptos ZClassic I feel sorry for you, you probably do not update the news about these cryptos as well as the signal about its price. Such robust growth often anticipated as it is influenced by a variety of factors, including news, events and general market rates.

cryptospear

member

Activity: 210

Merit: 10

Literally you didnt lose anything because you only lose your chance to have that $80k gain.I know you have learned your lessons and you will be careful nextime,fundamentals are more dominant to the market that is why you should be updated with these fundamentals because it can dictate every coin's faith.

Norihiro

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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 always like that, dude. Just relax and learn this experience, even if it is painful. With each time you trade you will become more and more educated and smart in crypto-sphere, and earning money by such actions will become easier.

padcoin

jr. member

Activity: 168

Merit: 3

I had BTC, I had ETC, I had ETH, i sold evrything really cheap compare of what it worth now, this is one of the difficult part of crypto trading, you have to assume your choices, don't look back, next time be patient, this post is also valable for me

ohlawdy

full member

Activity: 259

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- "Bitcore (BTX) - The Future is Now"

Stuff like this has happened to most people who are investing in this space for a longer time.
I think you should look at it another way , at least you didn't lose money and you even made some.
No one can time the dips and the high exactly , so just be happy that you did some good research and got in a good project on time.
Next time if you feel really sure about a project maybe sell half of your current holdings and keep half , that way you would have had 40k now.

cryptomema

member

Activity: 224

Merit: 12

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..

Zclassic has some fundamentals that is why it is pumping right now,clearly you didnt research for the upcoming fundamentals that is why you sold it too early,if you have fundamentals im sure you are still holding upto now,because it will be massive because of the upcoming news with ZCL or Zclassic.

midvoc

full member

Activity: 167

Merit: 100

Quote from: spiker777 on February 16, 2018, 10:25:26 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.

lol - the lottery ticket Wink

)

Singwala

sr. member

Activity: 462

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I sympathize with you, Actually you are not alone, Because like you , it happened almost to all of us. Even me, maybe I would still earn 20 BTC if I did not sell my holding 500,000k XBY . Hopefully now I have fulfilled my dream. Maybe this is not the right time and the lord god has a plan for me something better.

cryptopussies

member

Activity: 196

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HEXCASH - Decentralized Fun

Just look for the good side,its a good experience for your because you didnt lose $80k literally you only lose the chance of getting that amount so in general you still good,you should be check the news every now and then so you can decide if it is worth to sell or hold any coin you have,learning is your stepping stone so FOCUS.

maimainguyen05

full member

Activity: 252

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Stake & Vote or Become a IoTeX Delegate!

LOL. At least you should feel happy cause you still can earn although it's less than the amount you can get if you still hold until now cause there are a lot of trader lost a lot of money because of the downtrend or some other reasons. Next time I think you should be a little bit more patient and collect the lastest news to see if these coin is possible to increase more or not before decide to sell.

ekn222

jr. member

Activity: 120

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lesson learned then! hoolllld...always...well almost always

Irkytsk38rus

member

Activity: 280

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Araw ICO

Do not have to worry that they sold before the moment when there was a big increase. You still can not always guess the movement. there could be a reverse situation with a drawdown

blankpaladin

newbie

Activity: 210

Merit: 0

you don't lost anything. Why ? because you don't have anything on the time when the value rise up. You don't loss, you are just regretting because you don't wait for the right time to sell it.

cryptopusa

member

Activity: 224

Merit: 11

Well you technically didnt lose any money,but you only lost your opportunity to gain that $80k it is still considered a good experience,most of the people doesnt check the fundamentals and only focused with technicals that is why we need both of these two major factors that will decide the faith of the coin in the future.

aalborg

full member

Activity: 602

Merit: 100

It is unreal to predict which coins will grow and wich will down. You can read news all day and night, sleep near you PC, and of course it will increase your chances but you should be very lucky to get huge profit.

adzino

copper member

Activity: 2968

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www.Crypto.Games: Multiple coins, multiple games

Shits like this happen a lot when trading in crypto currencies. And you did not lose anything, since you never went negative profit. The opposite could have also happened, few weeks after you sold the price fell drastically. So regretting is useless and instead be happy from the little profit you managed to make.

johnyespapa

member

Activity: 257

Merit: 11

Well you didnt lose $80k literally but you lose the opportunity to gain $80k so its not really a bad experience,now you know that you need to hold your coins until a good fundamentals come in,always consider both technical and fundamental analysis so you can decide if you are going to sell or hold it.Goodluck to your journey do not worry there will be a lot of coins that could give you $80k.

Topic: I lost over 80k because i sold too early (newbie mistake) - page 60. (Read 4418 times)