Those who sold at a loss | Bitcointalksearch.org

BUK2016

full member

Activity: 770

Merit: 126

Quote from: Jon88 on February 02, 2018, 08:34:16 AM

Tell me how you feel.

How much did you lose?

I have any of my coin at lost because that is a very bad investment decision for one to make. Those who sell at lost are mostly panic sellers and I strongly believe that they are not good in trading or they invest the money they cannot afford to loose.

Adil Amim

full member

Activity: 238

Merit: 100

A person with knowledge about cryptocurrency will never trade at loss. So selling cryptocurrency at a loss is a pathetic decision. As it is very clear that the cryptocurrency market is never constant, so instead of getting panic in little situation, it is important to learn to be patient. Patience is the only key to success in life.

Manchumichael

sr. member

Activity: 630

Merit: 250

I will not sell my coins when I am at the loss but sometimes if I need urgent money the time will make me sell my coins for loss can't do anything. For example, when the price was $15k+ I had bitcoins but I hold because I thought again it will cross $20k. my all predictions went wrong and recently I needed urgent money so I sold me bitcoins for $10k I felt sad but what to do.

kulitmanggis

member

Activity: 233

Merit: 10

Quote from: Jon88 on February 02, 2018, 08:34:16 AM

Tell me how you feel.

How much did you lose?

from this 2-month event from january to february I experienced more than half of the capital I played for trading, many coins that cost down and collapsed.

iamMhew

full member

Activity: 688

Merit: 101

it is very hurt for me to loss. but instead of felling down from that mistakes, stand up and learned all things from your mistakes, world doest stop at you mistakes. even though i loss not too much but i can afford that to loss. and still hard holding now to avoid some losses in the future.

Castlereagh

member

Activity: 154

Merit: 25

I'm very stubborn about not selling in the red, although I'd be curious to hear whether anyone also uses the 'loophole' of re-distributing at a loss. For example, I might take some out of a coin I'm sitting at a loss to buy a deeper dip on another coin I believe in more. The way I see it, as long as I'm not converting back to fiat, I'm not 'locking in' that loss... and sometimes another coin looks like it will recover faster/higher than the original coin. Do you see what I mean? Also, if there are events on the horizon... for example, I converted some IOTA I had sitting on a -20% loss, and bought some TRX which was absolutely in the dirt, because when they burn the tokens on 31/03 TRX is going to rise big time in comparison, I believe.

Maybe the difference is mainly psychological.

vickycoin05

member

Activity: 532

Merit: 10

Quote from: Jon88 on February 02, 2018, 08:34:16 AM

Tell me how you feel.

How much did you lose?

Talks about losses is so depressing moment which we can't even know and ask many times why is it? Especially those feelings that you want to punch someone in front of you. I would say experience is the best learning, hopefully next time, it will set as a lessons which yoh will know what you are going to do next time.

bellanas

member

Activity: 392

Merit: 20

Those who began to trade, face a fall, from this no one is immune. We must treat this calmly and not be nervous. I try to wait for time

Bybox

sr. member

Activity: 560

Merit: 250

Personally I think it is smarter to use TA to sell at the breakdown so you will be able to buy cheaper and never sell at the bottom and lose all your money.

upsidedown75

legendary

Activity: 1288

Merit: 1036

Quote from: rumexx on February 26, 2018, 04:58:23 AM

I have learned from my loss that panicking is an enemy to traders. I panicked and sold off my coins the the the market turned and starts to move up again after i have sold. I now know that you are yet to lose until you sold off.

I have learned one thing since the time I am here in this world of crypto currencies and that is most of the things you get to learn after suffering some loss. This is what they haves learnt as well by losing the money by doing panic selling.

They will surely not repeat this mistake again in the future no matter how less the market value of any coin goes. Holding is the best thing to do at that very moment.

joemanabat05

member

Activity: 168

Merit: 13

I'm loss when i do panic selling LOL. Just believe on the crypto system there will be a reason for this

, We know that we cannot control the mindset of every people involve in crypto. They are very greedy and they don't believe in crypto system. Well No man is an island.

Edraket31

hero member

Activity: 1190

Merit: 511

Quote from: nuggetbram on February 27, 2018, 01:37:58 AM

The right decision not to sell anything in the negative. And the right assets will always grow back and even above the level of your purchase. To sell less and counting your losses is not the correct solution

Maybe some sold at loss since they are still inexperience or have found out that the coin they are investing at is at its low price and had found to be a shit coin so for me it is okay for as long as it will be a lesson learned from you, make experience your sword for the next battle don't be upset as life still goes on.

mobilazy

member

Activity: 308

Merit: 22

I lost by not buying at the dippest point, like ETH I bought @900, @800, @603 (thinking: It cannot go down more Grin

) Bottom was 578.
BTC 9700, 8800, 7600, 6400. The bottom was 5800 Embarrassed

And I spend cash evenly, so lowest value only was 25% of my orders. Then I spend all those ETH and BTC for some altcoins, which later dropped another -30%.

That could be worth spend cash ever, but if I see moon with any of my invests, it easily could be the best investment ever.

ardyology

full member

Activity: 238

Merit: 101

Escorting Meets The Sharing Economy

I lose nothing since all those coins that I traded during the dip were all my reward tokens for doing some bounty campaigns. I am happy that I was able to trade them at a pretty fair price considering that the market capitalization was down during that time. I never really sell my coins if there's a massive dump, I usually keep them in my bag and forget about it. I just look for another profitable coin that has a lot potentials. And true enough, patience favors me always.

nuggetbram

full member

Activity: 326

Merit: 100

The right decision not to sell anything in the negative. And the right assets will always grow back and even above the level of your purchase. To sell less and counting your losses is not the correct solution

enkongtukmol

full member

Activity: 448

Merit: 100

i guess it will be rational if you really need it, there's no loss if you used it for a caused. just be prepare next time make it a multiple so u can choose which is better to sold and not so much loss in investment.

removebeforeflight

sr. member

Activity: 696

Merit: 258

There's nothing to lose your money in trading with Bitcoin or any potential altcoin, if you're in a panic or don't have patience to wait then you may sold at loss. Crypto market is volatile and waiting for good profit to come is the key thing one need to have for avoiding loss.

Fitrilalala

member

Activity: 248

Merit: 10

The Exchange for EOS Community

Quote from: Jon88 on February 02, 2018, 08:34:16 AM

Tell me how you feel.

How much did you lose?

When the price dip down im really on panic. Im scare of loss than i could bear enough. Actually i dont knveat to much my money. Im invest ober $300 but im loss $100 because scare of loss. Now im learn enough that price could return to normal and i could back my investment just need to be patient on it. Dont get rush on making decision.

gwensarah1

full member

Activity: 392

Merit: 100

Quote from: Jon88 on February 02, 2018, 08:34:16 AM

Tell me how you feel.

How much did you lose?

It’s never advisable to sell at a loss, I’ll advise you use the stop loss on your orders, only if your selling at a loss to be sure to trade another coin that would give you profits, but it’s really risky though but never sell at a loss.

Hodl till you’ve reached your buy point them you can finally be released from the shackles of that particular coin

tot-o

newbie

Activity: 210

Merit: 0

As for this time I don't lose something of course, I just started and most of the ICOs has now 50% discounts, and there's a bunch of airdrops so my income is just keep on coming... Little by little, even though it's small buts it keeps on coming...

Topic: Those who sold at a loss (Read 649 times)