I lost over 80k because i sold too early (newbie mistake) - page 61.

bulbolitobayagyag

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Activity: 166

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..

Thats quite a bad start,but you dont need to be worried because there are more opportunities to come you should learned your lessons do not be so eager to sell your coins,always check the news i have heard there are some news coming for ZCL and it might be the reason why it is getting pumped today,just move on to the next coin,goodluck.

paulus51

sr. member

Activity: 616

Merit: 321

In fact, if you play in the market, like in a casino, without analyzing the news and the history of the project, there is absolutely no difference when selling for you

uchiha_madara

newbie

Activity: 36

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..

I'm still asking, you're losing $80k dollars or 80k in other currencies

Gobeller

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Activity: 156

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..

This happened to lots of people. You can wait forever for a coin and you will exit one day. Then don't worry about your mistake. We made similar ones just like you in the past days.

Vantix

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Activity: 556

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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..

Don't worry, you didn't lose anything - you missed an opportunity which is totally different thing. There were many people who lost half of their investments because they've sold at the bottom just before rebound. And that was a hard pill to swallow.

landahoy9

newbie

Activity: 7

Merit: 0

I know exactly how you feel, I've bought and sold many different tokens for a small profit only for them to moon a day or two later.
I guess with these things we are supposed to learn by trial and error.

Quote from: Moeda on February 16, 2018, 02:05:24 PM

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

And do not ever sell a Token below the purchase price.

*Never, ever, ever sell a Token below the purchase price???
Even if you are engaging in short term trading and see a better opportunity to make a better profit with a different coin?

jackolinyoko

member

Activity: 204

Merit: 10

Thats a good experience now you have experience this,im sure you would be more patient in your next trades,you should be checking any fundamentals coming because ZCL has some good fundamentals that is why it skyrockets today! Do not beat up yourself move on and search new potential coins which has upcoming fundamentals.

Snaic

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You have lost one of the opportunities so far, but not money. It is on such lost opportunities that everyone learns. Otherwise, it does not work. So you will have many more chances not to repeat such a mistake. Crypto currency, unlike conventional currency, is very volatile and therefore such chances will arise almost daily. Professional traders do just that, anticipating the behavior of the crypto currency.

mintedstone

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Activity: 84

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This happens to everyone, the good thing is that there are plenty of opportunities here, there are many good coins that will become 10x at some point of time.

cryptonero

member

Activity: 210

Merit: 12

It is good for your because you didnt lose any money,you only lose your opportunity to make a lot of money but that is normal for those people who arent researching before they trade,you should be checking the upcoming news in each coins you have invested so you can decide if it is already for dump or hold,i know you have learned your lessons,just be patient so you will achieve success in the future.

dumplingsandsushi

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Activity: 476

Merit: 41

Words are powerful.

There is a big difference between saying you lost 80k vs. saying you made (so and so) when you could have made 80k.
In fact, you can even just say that you made a small profit and leave the 80k out.

The reason I'm bringing this up is because stress, regret, and panic are dangerous sentiments to have in a market that is so volatile.
With regret, it will increase you the chances that you will become impatient and try to "make up" what you could have had.
This will lead to decisions that are not well informed.

Also, give yourself a break and realize you aren't alone.
How many stories are there of "missed opportunities" in crypto?
In fact, isn't that a huge reason for alts having a promising future? Because a lot of people feel they could have made it big with btc but missed the boat?

janelleshepard

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Activity: 210

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Quote from: boyjackyou on February 16, 2018, 02:57:13 PM

You dont need to be worried,because there will be next opportunity to come.You didnt lose anything just a chance to get more profits but technically you lose nothing.You arent alone most of us are having this problem when we are starting our trading experiences,you should move on so you can get into another trade.

Yeah, you're absolutely right. The worst thing in trading is you can't overcome your fear in loss. When you lost , instead of stepping up , you're choosing to give up and quit.
Experiences are expensive and be happy with it because you're still standing right here and discuss with us.

leezay

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Activity: 363

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SWISSREALCOIN - FIRST REAL ESTATE CRYPTO TOKEN

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..

Well, while I am reading this, I am worry that next time you are going to post something like I lost 20-30-50-100k because I did not sell, when the price was high and now it is very low again.

You did not lose anything, because this money was never yours. You missed the opportunity, but this is something that everybody has done and will do it again.
You can never sell when the price is at its best and buy when is at the lowest point.

boyjackyou

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Activity: 301

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DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO

You dont need to be worried,because there will be next opportunity to come.You didnt lose anything just a chance to get more profits but technically you lose nothing.You arent alone most of us are having this problem when we are starting our trading experiences,you should move on so you can get into another trade.

Hipag

newbie

Activity: 106

Merit: 0

Their is nothing to do in that, you charge as experience. In that way you learn a lesson in your mistake, sometimes we have to commit mistake so that we become more stronger.

Olena9797

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Activity: 448

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https://auditchain.com

You know, dont count money you could earn if you did something. Do you have profit? Yes. So dont worry. You have got some lesson and that is second plus. I recomend you to read about psychology of market behavior

syberwolfen

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Activity: 790

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Quote from: Lerikaweb on February 16, 2018, 02:34:31 PM

I don't like the author's attitude to be honest. This is greedines speaking. You haven't lost your money, you've earned less than you could have earned. Be happy with what you have and move on. This business does not stand moaning.

The author is but expressing his pain due to the devastating loss incurred I kNow he is yet to lose it but the author needs to have some patience in order to gain it back.

OuterTech

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Activity: 294

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Maybe you should be more patient next time

. Don't waste your time to regret about this decision anymore cause it'll not help you taking these amount of money back. There are also a lot of trader did the same mistake like you, they sold everything right after it's just increased a little bit and then they felt regret cause they sold it too early. Grin

.

jbautistangina

member

Activity: 258

Merit: 12

Alteast you didnt lose your money from your mistake,you just lose a good opportunity to make money from being too excited to take your profits,im sure you didnt check the upcoming fundamentals that is why you did lose a big opportunity because if you did check it you didnt sold your coins,ZCL has big fundamentals to come.

kennyy2929

newbie

Activity: 84

Merit: 0

You never lost any coin but u just missed the chance to earn that money.
That's why i always hold it for long term and only check the price once or twice a week. i always have faith in the coins i chose based on research i did.

Topic: I lost over 80k because i sold too early (newbie mistake) - page 61. (Read 4418 times)