Topic: Please help a newbie who do A LOT of mistakes (Read 691 times)
In any case, it is experience . it's priceless . I think in the following coins you will analyze before buying . do not be upset and be patient and everything will turn out
I think you are a person easily influenced by FUD or are afraid of losing small amount of money but you don't think all in the long run if you want your portfolio back I suggest you to be patient
1.buy into projects that you believe in and have legitimate teams and goals
2. Get a hardware wallet to protect your funds
3.stop fomoing at everything, buy low and sell high
2. Get a hardware wallet to protect your funds
3.stop fomoing at everything, buy low and sell high
my opinion, before, this is a factor often faced by a trader, the risk always comes, and behind the risk becomes the most valuable experience in life, here I can not determine about portofilio, because I often make portfolio and investment analysis, failure to make a profit, but when I invest and do not make portfolios, profits are abundant, so the thing I do is courage, do not be afraid of loss if you want profit. use your remaining funds with investments in potential crypto.
The best thing to do before starting to invest is to study the coin you are interested to purchase, next thing is to find a market that is reliable for hold your coins on a very long time.
Everyone makes a mistake that is natural and usually takes lessons of that mistake.
You just need to be wise and clear-minded to handle it not to mess up because it can make you take the wrong decision.
And for your remaining funds you can still invest it by purchasing the coins you mentioned. Divide your funds a few% on some coins, do not focus on one type of coin because we do not know what will happen with that one coin in the future, if there is a loss then another coin can cover your losses, so your funds will not lost in vain and remember never to be affected by panic sell because it will only harm you.
You just need to be wise and clear-minded to handle it not to mess up because it can make you take the wrong decision.
And for your remaining funds you can still invest it by purchasing the coins you mentioned. Divide your funds a few% on some coins, do not focus on one type of coin because we do not know what will happen with that one coin in the future, if there is a loss then another coin can cover your losses, so your funds will not lost in vain and remember never to be affected by panic sell because it will only harm you.
my opinion, before, this is a factor often faced by a trader, the risk always comes, and behind the risk becomes the most valuable experience in life, here I can not determine about portofilio, because I often make portfolio and investment analysis, failure to make a profit, but when I invest and do not make portfolios, profits are abundant, so the thing I do is courage, do not be afraid of loss if you want profit. use your remaining funds with investments in potential crypto.
From what I see, you should learn to relax and don’t panic sell. It is the same if you are trading in stock markets and forex, patience and clear mind are very important.
Your current portfolio looks good and you should be confident. Good luck.
Your current portfolio looks good and you should be confident. Good luck.
it is necessary to buy at a low price, and sell at high, it seems that it is elementary and everyone knows about it, but most make mistakes on this. Many do not study the coins and simply invest at random.
learning to control yourself is not easy, do not panic sell when the price falls. you should be able to control yourself. because what you invest is money, not plain paper
Hello,
Fist post here from a big newbie who started crypto at the end of December and only do mistake after mistake.
Mistake #1, I bought €400 of BCH at 3418$ during the CB "hack" back in December, hold till then. This was a extraordinary non sense action.
Mistake #2, yesterday I PANIC sold all my 253 XRP that I purchased at high prices such as €1.9 €2.1, 2.6€ for €552 (profit about €50) during the drop and CB ending the fake speculations. I was better to just go sleep, it already recovered a bit and I guess it will go higher in long therm.
Current portfolio at time of writing:
- 0.4 XMR at €305 (about €100 green)
- 7.6 EOS at €7 (about €100 green)
- 0.15 BCH at 3418$ and 0.035 at €2286 (about €360 red)
- 30 XRP at €2.45 (about €70 red)
- Available funds on account: €930.
After all, I am starting thinking that crypto isn't for me, I don't have the hindsight, the psycho neither the nerve to do it correctly and hold for long therm. Some people tell me to buy again XRP. Other people tell me to only buy BCH and XMR which have use cases, all the other money are just good to purchase Pokemon cards, they are so many ALT and at the end only MS, Google and Apple will stay... Here on this forum, the users seems to have a divided opinion on XRP. I also read about Waves, NEO, ETP, ENG.. Now I see that bitcoin bounce and seem to affect a lot of things. As a very bad newbie I have a hard time to forge my own opinion and stay on my positions.
I am not sure if this is a legitimate request: I am looking into advise to make a long therm portfolio with the remaining of my funds to possibly recover from my mess and stay a bit more relaxed. Note: I know that this money could be potentially lost in any case as there is always a risk.
Thanks,
Fist post here from a big newbie who started crypto at the end of December and only do mistake after mistake.
Mistake #1, I bought €400 of BCH at 3418$ during the CB "hack" back in December, hold till then. This was a extraordinary non sense action.
Mistake #2, yesterday I PANIC sold all my 253 XRP that I purchased at high prices such as €1.9 €2.1, 2.6€ for €552 (profit about €50) during the drop and CB ending the fake speculations. I was better to just go sleep, it already recovered a bit and I guess it will go higher in long therm.
Current portfolio at time of writing:
- 0.4 XMR at €305 (about €100 green)
- 7.6 EOS at €7 (about €100 green)
- 0.15 BCH at 3418$ and 0.035 at €2286 (about €360 red)
- 30 XRP at €2.45 (about €70 red)
- Available funds on account: €930.
After all, I am starting thinking that crypto isn't for me, I don't have the hindsight, the psycho neither the nerve to do it correctly and hold for long therm. Some people tell me to buy again XRP. Other people tell me to only buy BCH and XMR which have use cases, all the other money are just good to purchase Pokemon cards, they are so many ALT and at the end only MS, Google and Apple will stay... Here on this forum, the users seems to have a divided opinion on XRP. I also read about Waves, NEO, ETP, ENG.. Now I see that bitcoin bounce and seem to affect a lot of things. As a very bad newbie I have a hard time to forge my own opinion and stay on my positions.
I am not sure if this is a legitimate request: I am looking into advise to make a long therm portfolio with the remaining of my funds to possibly recover from my mess and stay a bit more relaxed. Note: I know that this money could be potentially lost in any case as there is always a risk.
Thanks,
In my opinion, you can be a good trader by just following your own way. As I understand from your words, you are doing many researches and thinking about the trading strategies, that's really good.
Don't forget that, everybody make mistake or mistakes. The important thing is, being able to learn from the mistakes. My advices are these, follow your own way and try to make better choices. Good luck!
The problem is not being a newbie. The problem is being impulsive and rushing into decisions without enough knowledge. You could have prevented these mistakes to happen if you only did not let your emotions decide for you.
But anyway, it is already done. That must not stop you from doing crypto investments. That must serve as a lesson to you. Do not panic sell because know that the crypto market is naturally unstable. There will be extreme pumps and dumps but it will always recover.
But anyway, it is already done. That must not stop you from doing crypto investments. That must serve as a lesson to you. Do not panic sell because know that the crypto market is naturally unstable. There will be extreme pumps and dumps but it will always recover.
Hello,
Fist post here from a big newbie who started crypto at the end of December and only do mistake after mistake.
Mistake #1, I bought €400 of BCH at 3418$ during the CB "hack" back in December, hold till then. This was a extraordinary non sense action.
Mistake #2, yesterday I PANIC sold all my 253 XRP that I purchased at high prices such as €1.9 €2.1, 2.6€ for €552 (profit about €50) during the drop and CB ending the fake speculations. I was better to just go sleep, it already recovered a bit and I guess it will go higher in long therm.
Current portfolio at time of writing:
- 0.4 XMR at €305 (about €100 green)
- 7.6 EOS at €7 (about €100 green)
- 0.15 BCH at 3418$ and 0.035 at €2286 (about €360 red)
- 30 XRP at €2.45 (about €70 red)
- Available funds on account: €930.
After all, I am starting thinking that crypto isn't for me, I don't have the hindsight, the psycho neither the nerve to do it correctly and hold for long therm. Some people tell me to buy again XRP. Other people tell me to only buy BCH and XMR which have use cases, all the other money are just good to purchase Pokemon cards, they are so many ALT and at the end only MS, Google and Apple will stay... Here on this forum, the users seems to have a divided opinion on XRP. I also read about Waves, NEO, ETP, ENG.. Now I see that bitcoin bounce and seem to affect a lot of things. As a very bad newbie I have a hard time to forge my own opinion and stay on my positions.
I am not sure if this is a legitimate request: I am looking into advise to make a long therm portfolio with the remaining of my funds to possibly recover from my mess and stay a bit more relaxed. Note: I know that this money could be potentially lost in any case as there is always a risk.
Thanks,
Fist post here from a big newbie who started crypto at the end of December and only do mistake after mistake.
Mistake #1, I bought €400 of BCH at 3418$ during the CB "hack" back in December, hold till then. This was a extraordinary non sense action.
Mistake #2, yesterday I PANIC sold all my 253 XRP that I purchased at high prices such as €1.9 €2.1, 2.6€ for €552 (profit about €50) during the drop and CB ending the fake speculations. I was better to just go sleep, it already recovered a bit and I guess it will go higher in long therm.
Current portfolio at time of writing:
- 0.4 XMR at €305 (about €100 green)
- 7.6 EOS at €7 (about €100 green)
- 0.15 BCH at 3418$ and 0.035 at €2286 (about €360 red)
- 30 XRP at €2.45 (about €70 red)
- Available funds on account: €930.
After all, I am starting thinking that crypto isn't for me, I don't have the hindsight, the psycho neither the nerve to do it correctly and hold for long therm. Some people tell me to buy again XRP. Other people tell me to only buy BCH and XMR which have use cases, all the other money are just good to purchase Pokemon cards, they are so many ALT and at the end only MS, Google and Apple will stay... Here on this forum, the users seems to have a divided opinion on XRP. I also read about Waves, NEO, ETP, ENG.. Now I see that bitcoin bounce and seem to affect a lot of things. As a very bad newbie I have a hard time to forge my own opinion and stay on my positions.
I am not sure if this is a legitimate request: I am looking into advise to make a long therm portfolio with the remaining of my funds to possibly recover from my mess and stay a bit more relaxed. Note: I know that this money could be potentially lost in any case as there is always a risk.
Thanks,
Hey there buddy!
How you doing? I know how it feels to encounter these losses, because I felt the same way as you. I bought TRX at $0.17 and it is currently down to $0.04. I never sell them for now, because I am waiting for the market to recover again. My advice for you is that these short-term losses are just temporary, which we just treat it as a healthy correction. Of course, never buy high and sell low. We should aleays follow the basic principle of Warren Buffett when it comes to trading, which can be applied in the cryptocurrency market as well.
Just my two satoshis.
Hello,
Fist post here from a big newbie who started crypto at the end of December and only do mistake after mistake.
Mistake #1, I bought €400 of BCH at 3418$ during the CB "hack" back in December, hold till then. This was a extraordinary non sense action.
Mistake #2, yesterday I PANIC sold all my 253 XRP that I purchased at high prices such as €1.9 €2.1, 2.6€ for €552 (profit about €50) during the drop and CB ending the fake speculations. I was better to just go sleep, it already recovered a bit and I guess it will go higher in long therm.
Current portfolio at time of writing:
- 0.4 XMR at €305 (about €100 green)
- 7.6 EOS at €7 (about €100 green)
- 0.15 BCH at 3418$ and 0.035 at €2286 (about €360 red)
- 30 XRP at €2.45 (about €70 red)
- Available funds on account: €930.
After all, I am starting thinking that crypto isn't for me, I don't have the hindsight, the psycho neither the nerve to do it correctly and hold for long therm. Some people tell me to buy again XRP. Other people tell me to only buy BCH and XMR which have use cases, all the other money are just good to purchase Pokemon cards, they are so many ALT and at the end only MS, Google and Apple will stay... Here on this forum, the users seems to have a divided opinion on XRP. I also read about Waves, NEO, ETP, ENG.. Now I see that bitcoin bounce and seem to affect a lot of things. As a very bad newbie I have a hard time to forge my own opinion and stay on my positions.
I am not sure if this is a legitimate request: I am looking into advise to make a long therm portfolio with the remaining of my funds to possibly recover from my mess and stay a bit more relaxed. Note: I know that this money could be potentially lost in any case as there is always a risk.
Thanks,
Fist post here from a big newbie who started crypto at the end of December and only do mistake after mistake.
Mistake #1, I bought €400 of BCH at 3418$ during the CB "hack" back in December, hold till then. This was a extraordinary non sense action.
Mistake #2, yesterday I PANIC sold all my 253 XRP that I purchased at high prices such as €1.9 €2.1, 2.6€ for €552 (profit about €50) during the drop and CB ending the fake speculations. I was better to just go sleep, it already recovered a bit and I guess it will go higher in long therm.
Current portfolio at time of writing:
- 0.4 XMR at €305 (about €100 green)
- 7.6 EOS at €7 (about €100 green)
- 0.15 BCH at 3418$ and 0.035 at €2286 (about €360 red)
- 30 XRP at €2.45 (about €70 red)
- Available funds on account: €930.
After all, I am starting thinking that crypto isn't for me, I don't have the hindsight, the psycho neither the nerve to do it correctly and hold for long therm. Some people tell me to buy again XRP. Other people tell me to only buy BCH and XMR which have use cases, all the other money are just good to purchase Pokemon cards, they are so many ALT and at the end only MS, Google and Apple will stay... Here on this forum, the users seems to have a divided opinion on XRP. I also read about Waves, NEO, ETP, ENG.. Now I see that bitcoin bounce and seem to affect a lot of things. As a very bad newbie I have a hard time to forge my own opinion and stay on my positions.
I am not sure if this is a legitimate request: I am looking into advise to make a long therm portfolio with the remaining of my funds to possibly recover from my mess and stay a bit more relaxed. Note: I know that this money could be potentially lost in any case as there is always a risk.
Thanks,
For better investments you must reading all news in forum, because here you can find all informations about the best investmens.
If any coin will be profitable to invest you will know this thanks this forum. Because your the biggest mistake is low knowedgle
How can we help them except verbally. I think they should study everything themselves, but they will fill the cones with it, but it's the other way around that teaches what is right and what is not. He studied everything himself, analyzed and read a lot and held some opinions so that in the end he somehow made me a confident trader and that losses are inevitable even with an ideal planning.
We really knows that mostly all newbie are performing some mistakes but there are also wise newbie, but it is only a learning lesson when people got mistakes, and for sure that people got mistakes would surely become a master on this particular business on their future life, because they learned from their mistakes.
BCH is different from other Altcoins because it's a direct competitor to Bitcoin. It has some merits, but the hostile nature of the competition makes it a considerable possibility that BCH can also go to 0 or extremely low levels, whereas most promising altcoins rally exponentially while Bitcoin is trending up.
So be very careful about giving great weight to BCH in your portfolio, unless you are really confident about the price action.
So be very careful about giving great weight to BCH in your portfolio, unless you are really confident about the price action.
buy good coins that are having a bad week (in the red) now's a good time to get in. if the market is rising try not to FOMO about it...wait and buy low.
Go Green!
Go Green!
What prevents me from panic selling is that every time I spend my money on crypto I imagine I just give it away. I feel like I don’t have this money anymore. It’s easy to see that you lose money that you don’t have. However, I understand that there’s a high percentage that I will get a great profit from this ‘money I don’t have’.
Hello,
Fist post here from a big newbie who started crypto at the end of December and only do mistake after mistake.
Mistake #1, I bought €400 of BCH at 3418$ during the CB "hack" back in December, hold till then. This was a extraordinary non sense action.
Mistake #2, yesterday I PANIC sold all my 253 XRP that I purchased at high prices such as €1.9 €2.1, 2.6€ for €552 (profit about €50) during the drop and CB ending the fake speculations. I was better to just go sleep, it already recovered a bit and I guess it will go higher in long therm.
Current portfolio at time of writing:
- 0.4 XMR at €305 (about €100 green)
- 7.6 EOS at €7 (about €100 green)
- 0.15 BCH at 3418$ and 0.035 at €2286 (about €360 red)
- 30 XRP at €2.45 (about €70 red)
- Available funds on account: €930.
After all, I am starting thinking that crypto isn't for me, I don't have the hindsight, the psycho neither the nerve to do it correctly and hold for long therm. Some people tell me to buy again XRP. Other people tell me to only buy BCH and XMR which have use cases, all the other money are just good to purchase Pokemon cards, they are so many ALT and at the end only MS, Google and Apple will stay... Here on this forum, the users seems to have a divided opinion on XRP. I also read about Waves, NEO, ETP, ENG.. Now I see that bitcoin bounce and seem to affect a lot of things. As a very bad newbie I have a hard time to forge my own opinion and stay on my positions.
I am not sure if this is a legitimate request: I am looking into advise to make a long therm portfolio with the remaining of my funds to possibly recover from my mess and stay a bit more relaxed. Note: I know that this money could be potentially lost in any case as there is always a risk.
Thanks,
In General, short-term losses may not be accidental, do not worry about it. Advice from wise men: if you want to make good money, it is better to invest in dolgosrok, and trades lead at least daily trends. Fist post here from a big newbie who started crypto at the end of December and only do mistake after mistake.
Mistake #1, I bought €400 of BCH at 3418$ during the CB "hack" back in December, hold till then. This was a extraordinary non sense action.
Mistake #2, yesterday I PANIC sold all my 253 XRP that I purchased at high prices such as €1.9 €2.1, 2.6€ for €552 (profit about €50) during the drop and CB ending the fake speculations. I was better to just go sleep, it already recovered a bit and I guess it will go higher in long therm.
Current portfolio at time of writing:
- 0.4 XMR at €305 (about €100 green)
- 7.6 EOS at €7 (about €100 green)
- 0.15 BCH at 3418$ and 0.035 at €2286 (about €360 red)
- 30 XRP at €2.45 (about €70 red)
- Available funds on account: €930.
After all, I am starting thinking that crypto isn't for me, I don't have the hindsight, the psycho neither the nerve to do it correctly and hold for long therm. Some people tell me to buy again XRP. Other people tell me to only buy BCH and XMR which have use cases, all the other money are just good to purchase Pokemon cards, they are so many ALT and at the end only MS, Google and Apple will stay... Here on this forum, the users seems to have a divided opinion on XRP. I also read about Waves, NEO, ETP, ENG.. Now I see that bitcoin bounce and seem to affect a lot of things. As a very bad newbie I have a hard time to forge my own opinion and stay on my positions.
I am not sure if this is a legitimate request: I am looking into advise to make a long therm portfolio with the remaining of my funds to possibly recover from my mess and stay a bit more relaxed. Note: I know that this money could be potentially lost in any case as there is always a risk.
Thanks,
If you cant trust your instinct, use the instinct of others. But it is better if you have skills to do that. Trading need skills specially reading charts. Updating your self on a trusted sources would be better. Use tweeter or pages to update yourself about your altcoin portfolio. Learn not to use your emotion when deciding to cut lose.
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