Well, you didn't really lose anything, you just missed out on the chance to earn more.
That's a lot different than actually losing money.
There are some things to consider though, like volume.
If you were trading a high volume on a low volume exchange, the price fluctuation would be much more severe.
So you wouldn't be able to get optimal price as consistently.
Also, you should be thinking of value not in $dollars, but in btc (or eth if that is what you use to cash out).
Since the prices of crypto are so volatile and a lot of it is based off of btc's value, it should be the standard you look at, not $$.
Of course, it sucks that you missed out, but this happens quite often in the world of crypto.
Take a look back at what happened to find indicators you can look for in the future.
Topic: Panic loss me 10800$ , so patient is the key - page 11. (Read 3068 times)
Therefore, it is best to invest on the cryptocurrency market in the long term. So you can get the maximum profit.
Any profit is good. And in general, it is better to get a small profit than no one. Of course it's bad to miss a big move. But here more careful analysis of indicators will help.
Dear Members
Recently I faced a bad luck. here the story
I got IOTX from GATE .io 28th of may 196000 @ .00004600 ETH. Then after one or two hour i sold it to @ .00004800.
After 3 days means June 1st , one IOTX went to .00014ETH.
if i sell June 1st 196000 * .00014 *590 = 16189$
Investment is = 5300$
so i have lost = 10800$
so in this story if i could wait 3 days , i have profit of 10000 USD. so in this case i am saying please be patient. wait wait. good coins always give a good reward to you
Indeed true. Also, dumps in the market are known to be temporary and as such, holding is necessary because there is always a tendency for the market to recover and once it starts to rise, profit will again be earned. It is just the price which is falling and not the amount of holding. Recovery will soon take place and we just have to wait for a little longer. Recently I faced a bad luck. here the story
I got IOTX from GATE .io 28th of may 196000 @ .00004600 ETH. Then after one or two hour i sold it to @ .00004800.
After 3 days means June 1st , one IOTX went to .00014ETH.
if i sell June 1st 196000 * .00014 *590 = 16189$
Investment is = 5300$
so i have lost = 10800$
so in this story if i could wait 3 days , i have profit of 10000 USD. so in this case i am saying please be patient. wait wait. good coins always give a good reward to you
Everyone draws conclusions from his mistakes. It seems that you understand your mistakes. But it is very good that you have shared your mistakes with others, it is possible that someone will save from similar errors.
that is right so we can learn from his mistake and we don't have to do the same things. I think we need to be careful in every situation because we cannot always make good things so if we can learn from this story, I hope that we can get something good for our life. and yes, I agree that patience is the key to trading so we can prevent to get a loss and we can prevent panic if something is happening.
Yeah correct. But some time panic sells may work as well. If you can sell early in the beginning and if dump goes on more and more for a long time, you can collect more.
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Everyone draws conclusions from his mistakes. It seems that you understand your mistakes. But it is very good that you have shared your mistakes with others, it is possible that someone will save from similar errors.
that is right so we can learn from his mistake and we don't have to do the same things. I think we need to be careful in every situation because we cannot always make good things so if we can learn from this story, I hope that we can get something good for our life. and yes, I agree that patience is the key to trading so we can prevent to get a loss and we can prevent panic if something is happening.
Everyone draws conclusions from his mistakes. It seems that you understand your mistakes. But it is very good that you have shared your mistakes with others, it is possible that someone will save from similar errors.
Now one coin IOTX is equal to 0.00005577 Eth, so I think that despite the fact that you could earn more, you still sold more profitable than bought, so do not be sorry. In the future, use other sales tactics.
Dear Members
Recently I faced a bad luck. here the story
I got IOTX from GATE .io 28th of may 196000 @ .00004600 ETH. Then after one or two hour i sold it to @ .00004800.
After 3 days means June 1st , one IOTX went to .00014ETH.
if i sell June 1st 196000 * .00014 *590 = 16189$
Investment is = 5300$
so i have lost = 10800$
so in this story if i could wait 3 days , i have profit of 10000 USD. so in this case i am saying please be patient. wait wait. good coins always give a good reward to you
Recently I faced a bad luck. here the story
I got IOTX from GATE .io 28th of may 196000 @ .00004600 ETH. Then after one or two hour i sold it to @ .00004800.
After 3 days means June 1st , one IOTX went to .00014ETH.
if i sell June 1st 196000 * .00014 *590 = 16189$
Investment is = 5300$
so i have lost = 10800$
so in this story if i could wait 3 days , i have profit of 10000 USD. so in this case i am saying please be patient. wait wait. good coins always give a good reward to you
Very instructive story, thanks for sharing it. All of us are afraid to lose profit and therefore we sell earlier than it is necessary, and then we regret that we did not wait for the moment.
You must be a newbie in cryptocurrency business. Welcome to the community. I hope you do learn enough lesson from that costly mistake Like I did during my time.
People start to understand something new only after they have lost something, it has been proved many times and now it's the same, if you had just listened to it earlier, then there was nothing like this and you could save your money.
Patience is the key, I repeat patience is the key.
I panic when there is a little decline in price then, so I dump my tokens for peanuts
Sincerely am still regreting the action till now
now I have learnt my lesson in the hard way that in crypto PATIENCE is the key.
I panic when there is a little decline in price then, so I dump my tokens for peanuts
Sincerely am still regreting the action till now
now I have learnt my lesson in the hard way that in crypto PATIENCE is the key.
I feel your pain and I can understand. Panic selling is bad for crypto. With your decision, remember it could have gone the other way.
But we hodl now
But we hodl now
Patience is the key but greed is your downfall.Regardless the price difference,if you got double,triple or even better profit from your capital,it's enough,don't wait anymore,if you expect x10 profit it's likely not gonna happen,so keep it realistic.
Patience is really the key to success because if you are always in a hurry you will really lose everything. If you to wait long that is okay as long as at the end of the line you will see a why it is worth the wait.
Dear Members
Recently I faced a bad luck. here the story
I got IOTX from GATE .io 28th of may 196000 @ .00004600 ETH. Then after one or two hour i sold it to @ .00004800.
After 3 days means June 1st , one IOTX went to .00014ETH.
if i sell June 1st 196000 * .00014 *590 = 16189$
Investment is = 5300$
so i have lost = 10800$
so in this story if i could wait 3 days , i have profit of 10000 USD. so in this case i am saying please be patient. wait wait. good coins always give a good reward to you
It's sad, but everyone does what they regret. I agree with you that before selling coins, you need to think carefully and assume how events can develop in the future.Recently I faced a bad luck. here the story
I got IOTX from GATE .io 28th of may 196000 @ .00004600 ETH. Then after one or two hour i sold it to @ .00004800.
After 3 days means June 1st , one IOTX went to .00014ETH.
if i sell June 1st 196000 * .00014 *590 = 16189$
Investment is = 5300$
so i have lost = 10800$
so in this story if i could wait 3 days , i have profit of 10000 USD. so in this case i am saying please be patient. wait wait. good coins always give a good reward to you
patience is the most important psychological aspect in trading on the exchange crypt or other assets. you can not panic. But experience comes and panic goes away
In the investment of course patience becomes the key, if not impatient then we must be willing to lose, I prefer to wait and get profit rather than having to sell in a losing condition, and I'm sure that the end of the year everything will skyrocket. 
Dear Members
Recently I faced a bad luck. here the story
I got IOTX from GATE .io 28th of may 196000 @ .00004600 ETH. Then after one or two hour i sold it to @ .00004800.
After 3 days means June 1st , one IOTX went to .00014ETH.
if i sell June 1st 196000 * .00014 *590 = 16189$
Investment is = 5300$
so i have lost = 10800$
so in this story if i could wait 3 days , i have profit of 10000 USD. so in this case i am saying please be patient. wait wait. good coins always give a good reward to you
If you panic, you will really lost your profits. In crypto there's no assurance when it is going up and down. Profits don't come in a matter of seconds it will take time for your investment to receive good amount of profits. Wait a li'l bit more while studying the flow of crypto in the market before you sell your coins. Recently I faced a bad luck. here the story
I got IOTX from GATE .io 28th of may 196000 @ .00004600 ETH. Then after one or two hour i sold it to @ .00004800.
After 3 days means June 1st , one IOTX went to .00014ETH.
if i sell June 1st 196000 * .00014 *590 = 16189$
Investment is = 5300$
so i have lost = 10800$
so in this story if i could wait 3 days , i have profit of 10000 USD. so in this case i am saying please be patient. wait wait. good coins always give a good reward to you
Patience is the key to success, but sometimes, when you stop coins in order to get more benefits, it starts to fall and you can lose a lot of money.
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