i think it's a natural thing, not only a newbie, every body i think ever do like that, therefore we can so many learn to sharpen analysis technical.
with continue exercised we can know estimate price will run and so we can do what we must to do
Topic: I lost over 80k because i sold too early (newbie mistake) - page 63. (Read 4418 times)
Mistakes is the best teacher,experience would be the stepping stone for you to get improve from yout actions.Do not lose hope theres a lot of opportunity in the market,search coins with potentials and focus in the few so you could get the opportunity you have lost in ZClassic,there are bunch of new projects that could give you more than you get from ZCL.
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 not a loss! A loss is where you borrow money or get credit, from a bank and put in your savings, house, car and ect. (EXAMPLE) You buy at 2$, and it goes opposite moon, let's say 0.10$, now that's a loss! Two weeks later zclassic mooned and i could make about 80k now.
i learned my lesson in the hard way..
Imagine how many people made a loss who sold their btc (4000$) or eth (400$) this summer?! You don't put it that way, I am sure you bought for 2$ and sold much higher and made some profit! So my point is, that's not a loss! If the price went the other way round and you have sold your coins with little profit, you would be like "Phew I sold everything on time and I am so clever"! Lol
I think you should say that If you didn't sell all your coin too early, you would have earned more than 80k$. LOL. Everyday, every hour, there are a lot of traders also have the same problem like you and I'm also the same. I bought XRP when its price was only 0.6$ but I sold it all when the price reach to 1$ but after that XRP price reached to 2$ and more than that very quickly. LOL. Of course I also felt regret about it but I learned a lot from it and it make me become more patient than before when I trade 
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..
how can you lose 80k if you sold it with the same price or a little higher or lower. You just not gain more profit but you don't lose that much!
anyways, thats the newbies mistake.
Yeah man, don't think you made a newbie mistake. How in the hell were you supposed to know what happen? Your mistake was you can't predict the future. A lot of people probably feel that the same way about not selling their BTC at $20K...
Actually it happens with many but touch wood that i am still safe .What I have learned till now is that in cryptocurrency market you have to be patient and careful at every step.At every time you should be ready with a backup plan and moreover that you should invest only that whose loss you can bear.
A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ 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..
how can you lose 80k if you sold it with the same price or a little higher or lower. You just not gain more profit but you don't lose that much!
anyways, thats the newbies mistake.
We do all make mistakes in our decisions. You are not alone. Even me of course, I did make a mistake of not waiting for it to pump. After Christmas last year, I decided to cash out all of my Bonpay tokens for me to pay all of my debts and dues, to buy a cheap laptop and belated gifts to my family.
Before the great BTC crash, Bonpay's value grew 3x and I could have earned six figures in our local currency. Anyways, it really happens to some of us who are desperate to cash out for something.
Before the great BTC crash, Bonpay's value grew 3x and I could have earned six figures in our local currency. Anyways, it really happens to some of us who are desperate to cash out for something.
For sure newbies are ban to make mistakes and they learn from it, especially when they don,t have a good orientation,should in case of next time please just hold until the market is up.
This is a common thing that newbies encounter,you didnt research that is why you sold your coins too early.If you did research and you find the upcoming fundamentals im sure you wont sell your coins to early but you didnt thats why you lose a good opportunity to get your portfolio bigger than ever before but there will next opportunity so do not beat yourself up!
Coulda woulda shoulda ... this thread does not make sense. It is called lost opportunity, not a loss, and it is not a mistake, as you cannot predict the future! If the price went down to 20 cents from $2, you could have said I have lost 90%, but, you had already sold when price changed, so no worries!
The potential for returns in this market is absolutely unbelievable, but you can't predict which coin is gonna moon so don't beat yourself up over it
I bought Zero(ZER) at $0.6. It mooned to $12.6 and I didn't sell 
A while ago i went all in ZClassic and bought about 365 Coins when the price was about 2$ 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..
selling at the peak requires a lot of factors and i don't usually do that because it is hard to predict.
if you have the plan and guts you must follow it.
your case is not a loss but a learning.
profit is profit that's the bottom line.
Im sorry for your loss,but dont be sad,this will serve as your experience and you shouldnt do the same mistake in the future look for the good part you now knew that holding would be the best choice so you can maximize your trades by waiting for sometime,check always the fundamentals so you wont be suprised if a coin skyrockets!
I think it is not a loss because no one is stealing your money. but just a little late in adding your investment value so you do not need to fret because you can look it up again. then it is best to keep the hold even under any circumstances until the investment value can increase and make it a good profit.
I would like to advice the it newbies for not to sell the coins as they enter the market place if you wait for some time the value will get increase
Damn! That is tough, but you will always find more such opportunities in the future. I never heard about Zclassic before and the insane spike in its value is truly breathtaking, but this is common in this extremely volatile crypto world. It is best not to think too much about and I advise you to focus on future opportunities. Also, HODLING is indeed the key to earning huge profits from the crypto world in the long term which is why I suggest you HODL your coins and tokens for as long as possible instead of selling whenever you small spikes in values of your coins.
How can you say that you lost money if they were not yours ever? In the crypto-currency market one can not argue this way, no one knows the ideal time to exit the coin!
I see Zclassic not increase. So why do you lose 80k? I do not understand. Have you sold it for a long time and now you recalculate you lose 80k
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