Topic: I lost over 80k because i sold too early (newbie mistake) - page 8. (Read 4418 times)
Lots of people make similar mistakes, especially newbies. The most important is do not torment yourself then, the patience and strong nerves are the key on this type of market
we all make such mistakes. it is impossible to predict whether the price will rise or fall tomorrow.
And now you have become a hodler, just to watch the next project you try to hold become worthless.
we all make such mistakes. it is impossible to predict whether the price will rise or fall tomorrow.
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 know what you have to do next time, I witnessed a lot of situations like this before, and it happen even on me. but dont regret your decision, as long as you have earned enough profit, it's still good than losing your money. Two weeks later zclassic mooned and i could make about 80k now.
i learned my lesson in the hard way..
Yeah noob mistake because you didnt lost anything, you just missed the pump because your hands are too weak and you sell too early that's why you didnt make much profit then you should do. The only way to never miss the pump is too hodl forever and never sell your bag again, this way you will alway in the winning team since you will never a single pump but you will never get your profit. Selling is not alway a bad decision. So better try next time
You are not lost dude. This is very risky market and you have to decide sometimes, you can buy or sell, you have to find best time for you and than you do not look again.
I suffered the same huge potential losses with EBTC. I sold it as soon as it popped. The issue is it popped up 15 more Bitcoin profit after I sold. I felt sick about it for a while but then got back to trading and made some decent gains. Very hard one to swallow.
I believe that one should never rush to sell coins. I always advise you to wait before selling and analyzing the market well.
You can not know in advance how will coin go in the future ? Either develop or lose everything, I think when you sell that price, it is also good for you. If it does not go away, I think you will have more headache .
nothing to lose for what you do,
you're just too early to sell ...
you just don't get more profit ...
everyone has ever been like you, I've also been like that lol
a lesson for you to be more patient to read the market situation
maybe now you can allocate your funds by buying bitcoin, the price is down now..
I'm sure a few months ahead prices will rise high
you're just too early to sell ...
you just don't get more profit ...
everyone has ever been like you, I've also been like that lol
a lesson for you to be more patient to read the market situation
maybe now you can allocate your funds by buying bitcoin, the price is down now..
I'm sure a few months ahead prices will rise high
That's one of the risks of crypto, we must be prepared to be ready to lose, not just preparing for profit. You do not lose a lot, at least you do not lose your money but only missed the opportunity to get a bigger profit. Let's learn from experience, hopefully in the future we don't miss the opportunity to get even greater profits.
Hummm.what if the price had dumped massively after u purchased the zclassic? In my own opinion u didn't make any loss provided u didn't sell bellow your buying price..
Allow yourself to have some longterm holds by following one simple rule: never sell all of your bag. Sell most, but always leave some to hold for the long term.
I think a lot of us made this mistake when we first started out, never knowing the right time to sell which means that we were always missing the best opportunity and selling at all of the wrong times. The best thing that we can do is to learn from the mistakes that we have made in the beginning and hope others can learn from it too. Patience is key.
I had the same. I recomended to buy HT Huobi token, all my friends bought it and made x4. But I didn't have free bitcoin to buy it. I drunk a week. But it is a very good lesson for me and now I didn't make the same mistakes
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 can blame you because all of us have mistake but always lesson learn to that mistake and always have a patience it comes to crypto because crypto is volatile you never know if you will be lucky or not. And always think many times before you sold your coins. Two weeks later zclassic mooned and i could make about 80k now.
i learned my lesson in the hard way..
This you will never guess, unfortunately! He could just as easily fall in price, then you would suffer a loss. Rejoice in what you earned in fact!
Seems weird you're telling us about this potential profit. I can count plenty of cases where I didn't sell on pick and how much I lost, but to be honest it is not real loss.
I did not invest in this coin, however I remember that later the price fell to the very bottom, or I'm wrong. Well, in general, it does not matter, you always need to be satisfied with what you have. After all, you could have lost everything altogether
It is sad to hear about your loss. I think that you can learn from this mistake and hold current holdings for longer.
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