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Topic: What Did You do Wrong (Read 336 times)

full member
Activity: 531
Merit: 102
February 25, 2018, 07:30:05 AM
#53
Here is a fun question for all of you who started in trading in crypto. I know this is a learning experience for all.
What do you wish you did or didn't do when you first started, trading, buying and selling?

What did you learn? that you should have done or not.
this could be fun

mine was traded too much of my BTC and should have held.
as I didn't know anything about trading at that time. now I know.
plus buying some coins at too high and wanting to just have it
now I am smarter, I wait wait till a dip and buy at a low point

now your turn
One of my biggest regret is when I sell my bitcoin possession  on the last week of November 2017.  Just after I sell my bitcoins, The bitcoin value start to increase and reached its peak price for about more than $17,000.  I really regret selling my bitcoins because I do not expect that bitcoin value will reach that high.  I sell that because I thought because the year will  about to end, bitcoin price will depreciate but I made a mistake.  I lost a lot of money because I sell my bitcoins. 
full member
Activity: 238
Merit: 102
1st of May
February 25, 2018, 05:54:49 AM
#52
I think that's when I start trading just because I do not know what I'm doing and buy a good amount of coin I sell it cheap so that's the one thing I did wrong.


The more mistake you did then more knowledge you got. Mistake is not always bad but sometime can lead us to learn about how to prevent same mistake in the future.
So now you know you did wrong then dont do it again in the future.
hero member
Activity: 1274
Merit: 516
February 25, 2018, 01:10:16 AM
#51
When I was beginner I trade only based on the people's suggestion, I never check the news or the market, and luckily my first trade is huge success, but not with my second and third, I lost a lot of money, then I start to trade by using trading signal, the result is not too bad when the market is good I can make  a lot of profit, but after few trades I realised that I cant depend on others to trade, os I start to learn the chart, technical analysis and subscribe crypto news
full member
Activity: 658
Merit: 103
February 24, 2018, 09:55:24 PM
#50
Here is a fun question for all of you who started in trading in crypto. I know this is a learning experience for all.
What do you wish you did or didn't do when you first started, trading, buying and selling?

What did you learn? that you should have done or not.
this could be fun

mine was traded too much of my BTC and should have held.
as I didn't know anything about trading at that time. now I know.
plus buying some coins at too high and wanting to just have it
now I am smarter, I wait wait till a dip and buy at a low point

now your turn
Most of the time picking the wrong trading/exchange site on the process of turning it into either eth or btc i pick sometimes the most pricy exchange and after that exchange nothing returned in my favor specifically speaking not a single profit has made it into my wallet.
sr. member
Activity: 575
Merit: 250
February 24, 2018, 09:00:42 PM
#49
I did not sell bitcoin when it hit the top. I lost a great profit when retaining bitcoin. I did not find out about bitcoin and input it a lot.
full member
Activity: 2086
Merit: 193
February 24, 2018, 08:52:23 PM
#48
What did you learn? that you should have done or not.
this could be fun

Personally, I trade with luck of knowledge before, I just both penny coins without reading any details about that coin and in ended up a big loss for me. That's the first and last time I did that because after that I push myself to learn more about trading specially in cryptomarket.

If you wait to fall before buying, you are one of the wise investors. It's wrong to panic when you're falling.

Buying at a lower price is an ideal thing to do so, but you should know when to enter because it can fall harder or not, it will depend on your target price.
sr. member
Activity: 686
Merit: 250
February 24, 2018, 08:46:22 PM
#47
Here is a fun question for all of you who started in trading in crypto. I know this is a learning experience for all.
What do you wish you did or didn't do when you first started, trading, buying and selling?

What did you learn? that you should have done or not.
this could be fun

mine was traded too much of my BTC and should have held.
as I didn't know anything about trading at that time. now I know.
plus buying some coins at too high and wanting to just have it
now I am smarter, I wait wait till a dip and buy at a low point

now your turn

Everyone makes mistakes and it's often the case that if the mistake wasn't made, they could have been the next crypto millionaire. I started off my journey in Bitcoin back when it was around $200.

I had around 3 BTC back then, but got pulled into a pretty simple scam. Ended up losing around 2 BTC in that.

Another one would be a couple of ICOs that I could have invested into. I was very very close to putting in a good chunk into Enjincoin when it was announced. Ended up not doing it because I was lazy and didn't want to convert my BTC over to ETH. Would've bought at around 1-2 cents per coin. It recently hit 50 cents per coin.

I guess one think to take away from this is to research before you act, and if you're on edge, act on instinct. Don't let things distract you!
I know what you mean, most of our lives are not decided by big events but by the small things that we do or don't that mold our destiny, if we had taken a different decision here and there our lives could be extremely different, but sometimes things are for the best, I was undecided about investing between two coins, at the end I choose one, the other one is basically at zero and the one I bought is holding his ground and it is looking strong, if I had chosen the other one I could have lost all my money.
member
Activity: 294
Merit: 11
February 17, 2018, 03:22:02 AM
#46
When I started trading crypto-currency, I've made a lot of mistakes. The mistake I made over and over was buying at a high price and selling at a low price. I was always panicking and making impulsive decisions. I had a loss. Then I realized that I was doing everything wrong and began to study trading.The more practical experience there was, the fewer mistakes became
full member
Activity: 196
Merit: 100
February 17, 2018, 03:09:41 AM
#45
My biggest regret was when I sold an altcoin of mine for 2$ each and in the next week it became $7.
Another regret was when I didn't buy RaiBlocks when it was 3$ (almost bought it, but then changed my mind).

There are plenty actually.. Well, humans makes mistakes. So I'll just consider this as a lesson. And I believe all of us can relate in the same way :p

No people can make their life without mistake and this is include in cryptocurrency.
This is not really big mistake from you, because i thinl you sold your altcoin when it was $2 each is already get profit. Dont ever regret if already in profit because someday you will find altcoin going down when you not sell it and its bigger mistake i think.
member
Activity: 294
Merit: 10
February 17, 2018, 03:05:25 AM
#44
Here is a fun question for all of you who started in trading in crypto. I know this is a learning experience for all.
What do you wish you did or didn't do when you first started, trading, buying and selling?

What did you learn? that you should have done or not.
this could be fun

mine was traded too much of my BTC and should have held.
as I didn't know anything about trading at that time. now I know.
plus buying some coins at too high and wanting to just have it
now I am smarter, I wait wait till a dip and buy at a low point

now your turn

The things is done me wrong  in my experience ,when first i experiment in trading,that my  first time when i join in trading investment i have nothing knowledge in terms of  trading,my only mentor is searching you tube and googles of how to trade,so i buy a bitcoin in my own currency .and after that i go to trading site to buy some coins,but because  of lack of knowledge that before ,my capital will dimished and i cannot  locate where should i found it.so after that experience,i not try back again in my own,until one of my co workers teach me how to trade coin.
full member
Activity: 1736
Merit: 121
February 17, 2018, 02:48:49 AM
#43
My biggest regret was when I sold an altcoin of mine for 2$ each and in the next week it became $7.
Another regret was when I didn't buy RaiBlocks when it was 3$ (almost bought it, but then changed my mind).

There are plenty actually.. Well, humans makes mistakes. So I'll just consider this as a lesson. And I believe all of us can relate in the same way :p

 Grin This is typical of the experience you get with trading. Some of us have experienced it but we still have to move on for better trading experience are ahead. You win some and you lose some.

At times too, after selling off on a good profit, the price dips and you we also be thankful running away with profit.
newbie
Activity: 14
Merit: 0
February 17, 2018, 01:56:09 AM
#42
Here is a fun question for all of you who started in trading in crypto. I know this is a learning experience for all.
What do you wish you did or didn't do when you first started, trading, buying and selling?

What did you learn? that you should have done or not.
this could be fun

mine was traded too much of my BTC and should have held.
as I didn't know anything about trading at that time. now I know.
plus buying some coins at too high and wanting to just have it
now I am smarter, I wait wait till a dip and buy at a low point

now your turn

If you wait to fall before buying, you are one of the wise investors. It's wrong to panic when you're falling.
I think it's not good to wait the price to fall, because right now the crypto world was rising from the dip last week. You should buy now don't missed the chance, because this coming day the value of crypto currency will increase.
newbie
Activity: 154
Merit: 0
February 17, 2018, 12:32:24 AM
#41
Here is a fun question for all of you who started in trading in crypto. I know this is a learning experience for all.
What do you wish you did or didn't do when you first started, trading, buying and selling?

What did you learn? that you should have done or not.
this could be fun

mine was traded too much of my BTC and should have held.
as I didn't know anything about trading at that time. now I know.
plus buying some coins at too high and wanting to just have it
now I am smarter, I wait wait till a dip and buy at a low point

now your turn

If you wait to fall before buying, you are one of the wise investors. It's wrong to panic when you're falling.
full member
Activity: 294
Merit: 100
February 17, 2018, 12:20:02 AM
#40
Here is a fun question for all of you who started in trading in crypto. I know this is a learning experience for all.
What do you wish you did or didn't do when you first started, trading, buying and selling?

What did you learn? that you should have done or not.
this could be fun

mine was traded too much of my BTC and should have held.
as I didn't know anything about trading at that time. now I know.
plus buying some coins at too high and wanting to just have it
now I am smarter, I wait wait till a dip and buy at a low point

now your turn

What did you learn?
Always be patient, there are always time for a promising coins to pump, no matter how long it is.

What do you wish you did or didn't do when you first started, trading, buying and selling?

I started to know crypto wayback 2011, i already know the bitcoin but i'm ignoring the opportunity to earn. If only i buy some bitcoin at the time , i think im already a millionaire now. Time machine please?  Grin
sr. member
Activity: 686
Merit: 250
February 16, 2018, 10:21:30 PM
#39
Should have ethereum earlier last year.
In retrospective it is easy to say that but there are no guarantees that is why unless you were completely determined to buy ethereum and something made you not buy ethereum then I do not think of it as a mistake, very few if any could have predicted all the crazy things that happened last year, so forget about it and concentrate in new coins that can skyrocket.
sr. member
Activity: 719
Merit: 250
February 10, 2018, 08:51:43 AM
#38
I learn to become more patient and still hold no matter what. Yes I am an emotional person and when all are starting to down I think about selling but luckily until now I am still holding it.
That's what most mistakes of being too emotional persons, when you trade you must hold your emotions. Never got panic when price felling down. This was my mistakes selling all of my coins during those times that market went down.
member
Activity: 252
Merit: 10
February 10, 2018, 08:40:41 AM
#37
I learn to become more patient and still hold no matter what. Yes I am an emotional person and when all are starting to down I think about selling but luckily until now I am still holding it.
full member
Activity: 476
Merit: 107
February 10, 2018, 08:18:55 AM
#36
So many wrong things that i have done before. When i was a beginner in crypto currency wayback 5years ago, im not a fan of holding a coin because i dont want to wait a long time to earn money. By that time i sell that altcoin for only 300$ , and if i still hold that coin now, its worth 100k$ +. How ironic!
member
Activity: 179
Merit: 16
February 10, 2018, 07:16:16 AM
#35
No regrets. I got in very early that I can't take a loss anymore. Whatever I lose trading, I know it's just a matter of time and I'll more than make up for it. I also spread my bets on good horses so the portfolio never turns red.
full member
Activity: 462
Merit: 101
February 10, 2018, 07:12:16 AM
#34
My main mistake was this: I incorrectly determined the entry and exit points from the coin. First I bought a coin at the moment of growth. Accordingly, or received a small profit or even lost money. Thus, and with the exit point: he sold early and received a small profit.
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