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Topic: Panic loss me 10800$ , so patient is the key - page 2. (Read 3068 times)

newbie
Activity: 266
Merit: 0
September 17, 2018, 03:22:04 AM
If you invest in coins, then you know what will happen next. At some point you see growth, and you lose trust in it and sell everything. Maybe you have to change your mind. When it's gone now, you won't think so, so don't regret it when you sell the right opportunity.
jr. member
Activity: 182
Merit: 1
September 17, 2018, 03:09:39 AM
Yes you're right we really must have patient at this moment , when you exchange it now surely you will encounter loss of income just wait untill the right value of the token risen .
newbie
Activity: 11
Merit: 0
September 17, 2018, 03:03:09 AM
Iam not saying patience is the key. Sometimes patience is works sometimes not work. Especially in crypto patience leads to heavy losses so needs to be careful, so high voltality never knows what happens next. It is in full pace we have to keep momentum. But one thing for sure never sell at the bottom price and never bought at all time high.
newbie
Activity: 42
Merit: 0
September 17, 2018, 02:48:54 AM
I agree with you, yes, I also think that the main reason for losing money is panic. If you sell at the time of market decline, then you will definitely lose money. The encryption market needs patience and confidence. I think long-term investment will bring me rich Revenue, so I am taking a long-term investment. I only use the extra capital combination to invest, buy when the market price falls, then wait patiently, and only consider selling when there is profit.
newbie
Activity: 164
Merit: 0
September 16, 2018, 11:59:23 PM
Patience is of course important, and any investment requires patience. This is especially true for the encryption market. The encryption market is a long-term investment market, and the cryptocurrencies we invest in the encryption market need to hold for a long time to get profits.
jr. member
Activity: 283
Merit: 1
September 16, 2018, 10:56:29 PM
As far as I know, investing takes a long time, meaning after buying the invested coins then storing coins that are purchased in the long run, even for years. whereas if you only keep for a few days it can be said to hold, but I agree that the patient is the key, especially when the market is experiencing instability as it is now better to be patient waiting for market recovery to happen.
newbie
Activity: 99
Merit: 0
September 16, 2018, 10:38:44 PM
Yes, the encryption market is a long-term investment market. We must maintain sufficient patience in the encryption market and have a certain degree of calm. Don't panic, because it makes it easy for us to make mistakes.
newbie
Activity: 82
Merit: 0
September 16, 2018, 10:03:14 PM
Yes, investing in the encryption market must be patient and calm. Because the price of cryptocurrency has fallen sharply in this year's market, and the encryption market is also a long-term investment market.
newbie
Activity: 149
Merit: 0
September 16, 2018, 09:54:55 PM
I completely agree with you. The thing that is a bit annoying is that you don't know when is the best time to sell, there's always a right timing. However, there are also times when you should have sold early as the price continues to decline. Its all in right timing, research and luck too.
full member
Activity: 686
Merit: 104
September 16, 2018, 09:02:25 PM
That's the usual thing, and if you hold it longer the chances of a very high price rise, and the possibility of a large price drop. because crypto is fluctuating.
newbie
Activity: 13
Merit: 0
September 16, 2018, 08:57:41 PM
Yes, this market is still at a low point, so we need to be patient enough to wait for the market to pick up.
member
Activity: 144
Merit: 10
September 16, 2018, 07:56:45 PM
if you have gotten a profit it is better to immediately sell even if it's a little, don't expect too much to get a big profit in selling Cryptocurreny, a trader easily panics when the price goes down is not suitable to be able to adapt in the Cryptocurreny market, because it can make you lose money not profit
If the price goes down then toss your coins somewhere you can't access for a while so you can spend them later.
sr. member
Activity: 700
Merit: 260
September 16, 2018, 03:36:36 PM
if you have gotten a profit it is better to immediately sell even if it's a little, don't expect too much to get a big profit in selling Cryptocurreny, a trader easily panics when the price goes down is not suitable to be able to adapt in the Cryptocurreny market, because it can make you lose money not profit
sr. member
Activity: 714
Merit: 250
September 16, 2018, 03:22:55 PM
No one can predict the price will go up or down. So if you sell and make a profit then it is a success and not too greedy, 10-15% of profit is too much. Patience is when you accept hold when your altcoin price falls, And you hold it long enough for you not to lose that is the key
sr. member
Activity: 581
Merit: 250
September 16, 2018, 03:15:28 PM
First of all, thanks for sharing your experience so all of us here can get new knowledge. I have the same opinion with you that patience is the key in this crypto world. We can not sell our tokens when we are in a panic, that would cause any regret for us. Just wait in a moment until the price is good, then we can sell our tokens without any regret.

That's true, buddy. Regret is not a good choice actually, just learn from it. As you say, we could not be panic here or you will do a big mistake then. In addition, don't forget to watch the token price of the project that we are joined in every day so we can know the best time to sell our token.
member
Activity: 658
Merit: 10
Catena X
September 16, 2018, 12:04:42 PM
Very sad to know that. Everybody exactly face lost right now. All coins or tokens in the portfolio are dying. But, the loss will only happen when they sell the coins in the lower prices. This is why, it can be a very good lesson for you and for us that we must be patient. Keeping patient may hurt us but there is no choice to keep moving. Just be patient for more legit condition some months later.
member
Activity: 434
Merit: 10
September 16, 2018, 10:38:34 AM
I agree with you. Patience is the key. but we forget sometimes we also have a need that costs money. if we need it then we take it right away, won't think for tomorrow
jr. member
Activity: 336
Merit: 1
September 16, 2018, 10:31:05 AM
Of course when we enter and join in the crypto's world we musn't panic to face the condition of the market. Be patient is the most important thing, beside experience, when we join investation in cryptocurrency because the price of cryptocurrency isn't stable but always fluctuate. Always positive thingking when face the condition of the market to earn many profits from that. Just wait and see the condition and the chance before decide want to buy or sell the coins.
member
Activity: 131
Merit: 10
September 16, 2018, 10:14:54 AM
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



Potential loss, not really important since you can't foresee the future.
jr. member
Activity: 238
Merit: 1
September 16, 2018, 10:03:35 AM
I do not agree with you, because each currency has its own documents, which confirm the existence of rights. If the currency is unofficial, it will not survive long. I agree with you, aspiration and progress always give a positive result, if you are stretching before him and trying to be successful.
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