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Topic: What Did You do Wrong - page 2. (Read 336 times)

sr. member
Activity: 532
Merit: 250
February 10, 2018, 07:01:39 AM
#33
Of course, what you do is great. I also do that, though sometimes the panic always appears suddenly but right now I have tried to be as patient as possible and waiting for the right moment to buy and sell.
full member
Activity: 448
Merit: 101
February 10, 2018, 06:10:33 AM
#32
In my early days of trading i just wanted to make money as fast as possible and i never considered holding a coin for more than a period of 2-3 weeks. And most of then coin i had invested in earlier are at moon right now and are doing very well. I panicked sold some of the coins too i wish i hadn't done that.

Your stretegy is fine for altcoins what about the bitcoin bro. If you sell the bitcoin you see continous dump you will loose all the profit you can make in the upcoming bumps in the marketplace. If you sold the bitcoin 6 hours before you loose the profit around 500 USD and more.
Trading I do not sell the bitcoins but I keep on converting the bitcoins with the localbitcoins site still they have the deposit fees bearing on the customer's head.
In trading, you need to sell and buy. It is not possible to trade without selling out and as far as someone is selling out at a higher price and then planning to buy that amount again, it is okay to go with this flow. But I am against the permanent selling out of bitcoin at the present moment. It is also not the way of this profession. Simply holding on can also give us back some good amount of profit.
full member
Activity: 420
Merit: 102
February 07, 2018, 08:17:35 PM
#31
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
My mistake that I couldn't wait and invest almost all my funds in altcoins and didn't leave some free money. If you did like that you became a longterm investor and can't do anything to minimize losses or buy on dip nice coins.
Well i believe people do wrong in the  bitcoin field when they dont have enoughf patience on waiting by the right time to sell or maybe to buy maybe because of the overwelming emotion or excitement that is why people did a wrong decision.I think we really need to controll our emotion in this feild because we really looking for profit here and we know that patience is important on cryptocurrency.
Actually, every of us always get mistake and even a lot of mistakes and it’s so normal. For the first time, almost everything is in trouble  because we don’t have more knowledge, and also experience. You need time to be farmiliar with new environment, if you do with patient you will get profits gradually. I used to be afraid of buying , selling and I thought I am really stupid in making a decision because I always do panic. I have to control my emotion a lot and I think maybe most of us all have the same trouble when we take part in crypto. If you have plan using bitcoin for a long term, patience is an important key for you to pass through many difficulties.
hero member
Activity: 924
Merit: 502
February 03, 2018, 06:22:31 PM
#30
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
My mistake that I couldn't wait and invest almost all my funds in altcoins and didn't leave some free money. If you did like that you became a longterm investor and can't do anything to minimize losses or buy on dip nice coins.
Well i believe people do wrong in the  bitcoin field when they dont have enoughf patience on waiting by the right time to sell or maybe to buy maybe because of the overwelming emotion or excitement that is why people did a wrong decision.I think we really need to controll our emotion in this feild because we really looking for profit here and we know that patience is important on cryptocurrency.
hero member
Activity: 1022
Merit: 500
February 03, 2018, 05:48:40 PM
#29
I had so many things which I have done wrong  especially in terms of trading and those are I didn't buy any of the potentials altcoins together with bitcoin during time when their value was in a stage of cheap price which is supposed to be I must take the opportunity to buy any of them according to what I can afford to em.
full member
Activity: 490
Merit: 105
February 03, 2018, 05:21:38 PM
#28
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
My mistake that I couldn't wait and invest almost all my funds in altcoins and didn't leave some free money. If you did like that you became a longterm investor and can't do anything to minimize losses or buy on dip nice coins.
member
Activity: 350
Merit: 10
Semi-Decentralized Exchange
February 03, 2018, 04:54:40 PM
#27
I have had some experience, but above all I have tempered my temper, and learned to observe the market.  Cheesy Cheesy

Same on me I have tried to observe first the market because my experience before was just depending to others information without observation. At this time is good enough to know the process in the market in terms of trading and I also trust myself too maybe that is an instinct.
full member
Activity: 238
Merit: 100
February 03, 2018, 03:37:39 PM
#26
Learned some of the lessons you did as well of course but the main lesson I took away from my learning was that to always trust yourself. Don't listen to others expectations, don't second guess yourself, and always go with your gut. Biggest lesson I have learned in crypto hands down but probably applies to all markets is that if you don't trust yourself you won't have confidence and whatever skill you had is gonzo.
legendary
Activity: 3122
Merit: 1140
February 03, 2018, 02:48:36 PM
#25
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
Common mistake on newbie to trading this is "Buy HIGH Sell Low" but well these things cant really be avoided because we do still lack of knowledge but somehow we would really able to enhance our skill and ideas towards it. Mistakes and regrets can really be felt this is why we do strive to learn even more to avoid those mistakes again and to be profitable on this trading career.
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
February 03, 2018, 02:37:48 PM
#24
Mistakes always happen, even for average/experts traders... Especially because it's an unpreditable market. The most recent mistake I committed was to buy Bitcoins when it was pricing about $14.000.  Tongue

I shouldn't have done that, but how could I know the price would drop so hard?  Cheesy
legendary
Activity: 1372
Merit: 1005
February 03, 2018, 01:38:33 PM
#23
In my early days of trading i just wanted to make money as fast as possible and i never considered holding a coin for more than a period of 2-3 weeks. And most of then coin i had invested in earlier are at moon right now and are doing very well. I panicked sold some of the coins too i wish i hadn't done that.

Your stretegy is fine for altcoins what about the bitcoin bro. If you sell the bitcoin you see continous dump you will loose all the profit you can make in the upcoming bumps in the marketplace. If you sold the bitcoin 6 hours before you loose the profit around 500 USD and more.
Trading I do not sell the bitcoins but I keep on converting the bitcoins with the localbitcoins site still they have the deposit fees bearing on the customer's head.
legendary
Activity: 1414
Merit: 1039
February 03, 2018, 01:31:01 PM
#22
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!
full member
Activity: 131
Merit: 100
Invent Bacon-Coin and see me HODL
February 03, 2018, 01:16:39 PM
#21
4 Words, summed up as 1 Word: FOMO

its basically what made me cry at the beginning.

but yea, you learn, you move on, so did I, luckily Smiley
member
Activity: 126
Merit: 10
February 03, 2018, 01:10:16 PM
#20
I haven't done many things yet or i still have many things to Explore but in whatever i have done,one thing that i regret most is taking part in pump and dump.This action of mine has not only made me loss my money but i was so hard broken after that,I stopped trading at all and When i started again,i have to start it from the scratch that means i lost money as well as time.
newbie
Activity: 60
Merit: 0
February 02, 2018, 03:55:13 AM
#19
Should have ethereum earlier last year.
full member
Activity: 266
Merit: 114
February 02, 2018, 03:53:39 AM
#18
In my early days of trading i just wanted to make money as fast as possible and i never considered holding a coin for more than a period of 2-3 weeks. And most of then coin i had invested in earlier are at moon right now and are doing very well. I panicked sold some of the coins too i wish i hadn't done that.
full member
Activity: 798
Merit: 109
https://bmy.guide
February 02, 2018, 03:37:25 AM
#17
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
The emotion of being panicking that was i did wrong in buy and sell strategy, at that time i saw that bitcoin was fallen down and due to my emotion i quick sold all of it after a week bitcoin was bouncing back again to the higher than as i am expecting price, that was my regret of being emotional.
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
Yes being wise and smarter in investment will make us rich.
Just hold on until the price back to normal or higher than we expected.

              ~ hold+patience=profit
full member
Activity: 815
Merit: 101
February 02, 2018, 03:20:22 AM
#16
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
I like you have a bad experience when you become a new trader. I bought at a bargain price and sold some of it when I made a profit, but I tried to sell my coins and bitcoin decreased my exposure to panic sell and sold at a low price. it can be a mistake and we do not have to repeat and make a lesson.
sr. member
Activity: 882
Merit: 269
February 02, 2018, 02:14:56 AM
#15
If you wait at the dip before you buy then you are one of the wise investors but if you buy because of bad news and fud that people are creating then you should be ready to loses your investments.
my greatest mistakes is when I buy into one coin without even find out why the coins was pumping and later it get dump on my head.
member
Activity: 194
Merit: 10
February 02, 2018, 01:51:39 AM
#14
I’m work in this online market there are too many ago around 7 years but on that time I’m not get a right way to do right work and don’t get a right market place after a long time later I’m get a crypto currency trading platform but on that time I’m don’t understand coin market and I was wrong as a newbie worker it was a my big wrong I’m don’t understand how to buy and sell.
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