Topic: What Did You do Wrong - page 3. (Read 324 times)
Panic, I always panic when I see red and if continues to show red in the next few hours more likely I will start selling even at loss. Thats what I do before. Until now is still panic but I try to keep my self calm and do not sell at below buy price. I have seen several times already that when there's a sudden drop of price, don't panic and wait for it to recover.
The mistake that i hear over and over again on this forum is that investors commiserate that their position sizing has been too small on their trades. One story that I heard about was an investor that put in $200 into Bitcoin back when it was at $60 and bought only 3 coins. If that bet had been $3000 it could have been life changing money. I had the same problem with NEO, predicted correctly that it would go up and bought it, but did so with a smallish position size. We all make mistakes and its great if we can learn from them.
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.
I did because of the wrong thing I did in the field of bitcoin is a mistake that I quickly discount my bitcoin at a cheap price but it's a big deal when I can not recover it but now the bitcoin price is low again I need to get back and start to hold to earn a great deal.
I could list many things on this matter that I didn't wanted to do but did it anyway. First would be transferring coins from one exchange to other using BTC. I should have used doge for the transfer. Then would be panic selling as I used to a lot of it. Taking part in pumps and dumps would be my biggest mistake since it just made me huge losses. I didn't used to hold my coins for long and would sell it quickly for smaller fluctuations which I regret even now. Anyway I am happy I know what to do now as I don't repeat these mistakes again.
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
Hahaha very thanks for your question, i want to share my story. When I first stepped into the crypto market I thought I had enough knowledge and experience, I won successively success when entering the cypto market was 3 months. By the fourth month I was so greedy that I lost 90% of my fortune one night I lost everything I had. My first lesson was greed.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 have had some experience, but above all I have tempered my temper, and learned to observe the market. 
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
Hahaha very thanks for your question, i want to share my story. When I first stepped into the crypto market I thought I had enough knowledge and experience, I won successively success when entering the cypto market was 3 months. By the fourth month I was so greedy that I lost 90% of my fortune one night I lost everything I had. My first lesson was greed. 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
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 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
Well the basic mistakes of every newcomer in trading and investing, panic sell. I admit that I always panic sells when I saw the price of bitcoin going down. And I listen to too much FUD here before. Its really a hard lesson and very expensive as well.
But now, I already matured, I'm no longer affected by the waves of FUD around specially when the price is going down. I just laugh at it and I have the mindset to just hold bitcoin for long term.
Also same with you, buying coins at top price and then I was trap and the only way to get out is to sell and suffer a lost. guess everyone really has to go through baby steps and learn everything from experience.
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 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
This kind of discussions are not necessary to the forum in my opinion.
By the way my mistake was keeping the bitcoin when it reached almost $20K,I thought it will go up further but end up with price crashed.If I trade my bitcoins when it hit $20K then I can buy double of that bitcoins now,but unfortunately I missed the chance.
So I learned nothing is stable when it comes to the crypto currency,anything can change is just a overnight.I think it a lesson for life too.
*I hope this post will give some merit points for me
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 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
This kind of discussions are not necessary to the forum in my opinion.
By the way my mistake was keeping the bitcoin when it reached almost $20K,I thought it will go up further but end up with price crashed.If I trade my bitcoins when it hit $20K then I can buy double of that bitcoins now,but unfortunately I missed the chance.
So I learned nothing is stable when it comes to the crypto currency,anything can change is just a overnight.I think it a lesson for life too.
*I hope this post will give some merit points for me
My biggest regret was when I sold an altcoin of mine for 2$ 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
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
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 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
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