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Topic: Panic loss me 10800$ , so patient is the key - page 8. (Read 3068 times)

newbie
Activity: 84
Merit: 0
Panic creates fear and people sell at a loss, just natural human emotion
so we need tk learn to control pur emotions, this is a very sad stpry, so i think that ylu will neve rbe in his position
newbie
Activity: 84
Merit: 0
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



i am so sorry to hear that, this is really bad ,uck.. well, i hope that you will cope with it and you will the way out
newbie
Activity: 145
Merit: 0
Yes, I am very sympathetic to you.
But when I saw your business, I thought of myself. I used to be like you. I sold my coins on my own feelings. Then, a week later, it rose 10 times. I regret it. Now I am waiting for a long-term investment.
newbie
Activity: 36
Merit: 0
Panic creates fear and people sell at a loss, just natural human emotion
member
Activity: 321
Merit: 10
yes patience is the key in the crypto world, who panics that he will lose money and save will get a big profit, also seen from the development of the coin is progress
newbie
Activity: 112
Merit: 0
It happens that without risk, and trade will not happen . Our experience in the future helps us not to make the same mistakes .
jr. member
Activity: 233
Merit: 1
So sad of you mate! This is crypto...
No one can say anything what happen next day. but from your story we learn that "patient" is the main key to get success in any field. 
newbie
Activity: 88
Merit: 0
Yes, I very much agree with your concept, but many times you can't do it, you will be changed by market sentiment, we should keep calm thinking ability, once you make a choice, don't change it easily, otherwise such tragedy will still be Will appear on you
member
Activity: 448
Merit: 15
TREEBLOCK
Sorry but you need to redefine your trading definitions. You didn't LOSE anything you made a profit between 4600 and 4800 200 GWEI per token. What you should say is you missed out on further profits by selling early which just goes to show that timing is ey when it comes to trading.
jr. member
Activity: 266
Merit: 2
DOMINIUM - Decentralised property platform
Patience is not always the key, you can miss the right moment as well. Just don't sell all, crypto is so unstable that you will never know what will be in an hour.
full member
Activity: 420
Merit: 100
Never be panic while you are already in crypto trading or investment. Just wait for the good time patiently. But, always need to choose the good coin for investment.
newbie
Activity: 46
Merit: 0
Patience has always been the key. Investigate projects, buy low, have patience, and sell at the right moment. Do not panic. Do your own research.
sr. member
Activity: 895
Merit: 250
Yes, patience is the key because with this, you can achieve great things and make very good profits in the crypto world. Even if the price of coin you hold is going down and it looks like it will not rise again, as long as it is a very good and promising coin, continue to hold patiently because you cannot predict when it will rise and how high it will rise when the market recover but with patience, you can enjoy the profits when the price rise very high.
newbie
Activity: 165
Merit: 0
No matter what we do, we need to have enough patience and stay calm enough. Investing in the encryption market is even more needed. When the market begins to fall, we must stay calm and not make any decisions when panic.
member
Activity: 257
Merit: 10
Oh my god thats a lot money but wait cause right now the market price is going up just wait and be patient if your a holder just hold dont do anything thats a lot of money forget it right now i think just you wait
jr. member
Activity: 129
Merit: 8
dApps Development Automation Platform
Patience has always been the key. A lot of my alts have not been doing anything the past couple of months. But I have faith, because I know those are good projects.
member
Activity: 476
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
The best solution for your case is use stop limit order as trailling stop/ trigger order so whenever  the price going  up we can increase the level of trailling stop to lock the profit.  By this way we can make maximum profit when the price going up multiple times, and will not miss big profit.
full member
Activity: 279
Merit: 100
This is also a lesson for you about investing, you can not know how  situation is tomorrow. There are many people waiting too long to hope for the price increase but it is not right and vice versa. Every thought is different from reality .
newbie
Activity: 361
Merit: 0
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



Sorry mate for your loss. I even believe you could have waited for more days to grow your tokens. Selling too early, you will always regret it if only you received a valued token. The question now is, how do you get to know a valued token?
newbie
Activity: 165
Merit: 0
Yes, we must have enough patience to invest in this market. When the market falls, we must keep enough calm and not have too much panic. Yes, panic can really make people make mistakes.
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