Topic: What have been some of your biggest losses/mistakes and successes with trading? - page 2. (Read 557 times)
November 11, 2019, 04:52:42 AM
There has been a time on Bittrex (maybe it still is, I am not up to date with its scene anymore) when pretty much every day one of the more obscure tokens had an explosive growth and if you were able to identify it before most others, you could make crazy gains in a matter of hours. It was in a way a pump and dump situation, but not organized by some PnD group on Telegram, it was a natural one. So long story short, I entered one of those tokens too late, so the price crushed quickly after my entering point and I was unable to exit without a major lost. I was aware of the risk of it so I didn't enter with a huge amount of funds, but I still lost 100$ or so.
November 11, 2019, 03:42:34 AM
My biggest loss was when bitcoin fell yesterday. I bought bitcoin, but when I waited for the price to go up, it never happened. I was frustrated to see it, I don't think BTC will be able to ride again in the future. at that time I had given up, but didn't sell it. a few months passed, and now bitcoin has started to return. I have got my money back because of my past mistakes.
and the biggest profit that I have ever gotten was in 2017. when ico was popular and the market was very good for traders. I made a lot of profit in just a few weeks. it was the best time while I was here.
and the biggest profit that I have ever gotten was in 2017. when ico was popular and the market was very good for traders. I made a lot of profit in just a few weeks. it was the best time while I was here.
November 11, 2019, 03:13:44 AM
Any interesting stories to pass the time while we wait for the next boom?
My biggest mistake maybe when buy local tokens from ICO in market. And i buy in high price because their developer said, in September their exchange will be done and completed. But what actually happen is problem from their internal team, exchange not completed yet, and the token die until now. I lose double when ETH still on high price and lose in token price too. 
November 11, 2019, 02:11:57 AM
Most losses occur to me when I trade, especially when becoming a newbie because of emotions that can not be controlled. but for now I have been able to overcome it even though sometimes it still makes a few mistakes but trading becomes a fun activity for me
November 11, 2019, 01:34:34 AM
I think there is nothing special about my story. This all happened in 2017. Before that, I held quite a lot of bitcoin (although it didn't reach 1 bitcoin). when the price of bitcoin rose that year, it was my most successful story as long as I knew bitcoin. however, losses and errors occur the following year. at that time I also held some altcoin, and I was late selling it. that's the short story of how to get my advantages and disadvantages in doing crypto trading. and I'm pretty sure this happened to crypto users who started their journey before 2017
November 11, 2019, 01:32:47 AM
Greediness is my biggest mistake in my journey because I was so hungry for profit and I didn't realize that I was being greedy so I sold most of my holdings at an early stage and lose for about 40% profit just because I sold early. My biggest success is learning from that mistake and changing my mindset from being greedy and hungry into patient where it brings a lot of positive results throughout my journey.
November 11, 2019, 01:18:19 AM
I used to earn huge $ when BTC price soar high including all alts reach there super ATH and I still didn't sell my baghold coins since I think I can earn more for thinking the pump is so solid and no one can stop the crypto at that time but suddenly all changes when huge dump came I still didn't sell since I'm thinking about the bounce back and totally that's a mistake since instead of bouncing back the token I hold got died and became no value at all and I left empty handed.
November 11, 2019, 01:11:23 AM
I used to have 300,000 XRB but I sold it for almost nothing. Some time later it increased to over $ 30 per coin, which is my biggest mistake since I knew the cryptocurrency. Perhaps on this forum many people like me, we have missed the opportunity to become a millionaire.
November 11, 2019, 12:44:58 AM
Any interesting stories to pass the time while we wait for the next boom?
i used to sell my NANO (then XRB) for like 100 sats daily. many people did, it was easy to get and profitable
when it first launched it was given away from a faucet at 1000 coins per claim, and there was no timer on the faucet, you could claim all day. i got millions daily
i remember thinking it was broken and asking the dev and he said it was on purpose to get the coins out there
XRB got rebranded into NANO, and later had an ATH of 30+$ per coin..... people had millions of coins, but we all sold them for cheap
November 11, 2019, 12:28:52 AM
The biggest experience is when I'm busy with the debate about price analysis when bitcoin is halved, my colleague and I are busy arguing about the upper limit of the price point with the correlation with all the fuds that came up at that time. Finally, we did not realize that the market saturation point was very large and that assets had been reduced by 80% from the initial purchase.
From there I learned a lot about the various possibilities that occur in the market. Big loss is the initial awareness to not only rely on the principle of "enough" and only consistent with personal analysis.
From there I learned a lot about the various possibilities that occur in the market. Big loss is the initial awareness to not only rely on the principle of "enough" and only consistent with personal analysis.
November 11, 2019, 12:11:28 AM
Any interesting stories to pass the time while we wait for the next boom?
My experiences are not really that interesting to share. But let this be shared anyway so that this will become a lesson to many. I used to have a group chat made up of traders. I cannot confirm that personally of course, just like any channels and group chats claiming to be giving away free signals. I did trading based on their signals. The ending was not good enough. I ended up selling with a loss. Some I HODL for a very long time already.
November 11, 2019, 12:03:50 AM
The biggest mistake I've ever made huh, I think when I was around such a noob when it comes to trading thing. I just followed whatever the news or people says.
I bought some alts when it reaches peak price without knowing anything, without doing any research. Then the price fell down quite deep. I lost almost my funds. After that I learn from that mistake, and how to be a good trader. Other than than, selling too early is one of my sickness. At least I've got the profits, but I didn't max it out.
I bought some alts when it reaches peak price without knowing anything, without doing any research. Then the price fell down quite deep. I lost almost my funds. After that I learn from that mistake, and how to be a good trader. Other than than, selling too early is one of my sickness. At least I've got the profits, but I didn't max it out.
November 10, 2019, 11:59:27 PM
Even from the start I never looked at any analyst to make my first trade and even now.
I do it myself.
I have learned from the best which is experience. Although I did lose before, there are still good times which is just because of my monitoring.
As I learned more, I have seen that when you are in focus, you could make the most out of it. Profits.
But whenever I am multitasking for a lot of coins, it goes south.
I do it myself.
I have learned from the best which is experience. Although I did lose before, there are still good times which is just because of my monitoring.
As I learned more, I have seen that when you are in focus, you could make the most out of it. Profits.
But whenever I am multitasking for a lot of coins, it goes south.
November 10, 2019, 11:48:00 PM
Any interesting stories to pass the time while we wait for the next boom?
My biggest mistakes is selling my token reward from bounty too early. I've joined a bounty project calles snovio back in 2017. I was so happy when the token enter market i have a reward for 1k USD value for selling the tokens. But 1 week after, the token price is around 6k USD and i feel so regret why i sold all of mine at that time.
November 10, 2019, 11:44:45 PM
The biggest mistake when trading is, lack of patience and always in a hurry in determining the buy and sell. And another mistake is not having capital reserves when the price of Bitcoin and Altcoin reaches the lowest price. Reserve funds really need to make a buyback and can get even more profit. Trading must know Fund management and be able to train mentally to be patient and not rush.
As the saying "patience is the virtue" in which having a patience may give and lead us to success but unfortunately some users here want an instant outcome that have a mistake. Each of us may experience first some mistakes in order to learn and make it correct on the next attempt or take action on the possible and effective strategy in the end.
November 10, 2019, 11:13:09 PM
I lost almost $7k in bitcoin white because, at that time, I was off from the market, and I didn't know that the coin price can rich almost $1. When I check the price two months later, the price suddenly down too deep and reached $0.05. I miss that chance to sell but cannot do anything, and I still hold those coins just hoping that it could back to the higher price someday. I also miss the chance to sell xmy at 2k satoshi because I don't know if there is a pump that can push the price at that price. So that is the biggest loss for me, but I think I have and another loss in my trading journey.
November 10, 2019, 10:43:53 PM
The biggest mistake when trading is, lack of patience and always in a hurry in determining the buy and sell. And another mistake is not having capital reserves when the price of Bitcoin and Altcoin reaches the lowest price. Reserve funds really need to make a buyback and can get even more profit. Trading must know Fund management and be able to train mentally to be patient and not rush.
November 10, 2019, 10:02:13 PM
I once put some ETH on a project called EOcoin. This is because I got info from a telegram group that said this was a good coin. Since then I started to study EOcoin. What I see is that it's a good coin, starting from the team, platform, whitepaper, etc. But at the time of launch the market price dropped and I didn't get to sell it because of web traffic. From then until 2 months later there were no significant price changes above the ICO price. And finally I sell loss. Since then I learned that a good project is not necessarily a good price in the market.
November 10, 2019, 09:58:54 PM
Don't wait for another price hike, when you see the price is already high, don't wait for it to get even higher than that. I experience this kind of strategy when the price of the coins I'm holding is finally got some exposure on the crypto industry and that was the reason it's price got increase suddenly. What I did is, I quickly sold my coins without a doubt of it might further increase later. thankfully, I sold it cause, after that pump, the price has fallen again and did not recover until now.
what you say is true, we must not be too greedy if we have experienced an increase in sales immediately, fearing that later it will go down further as before when I originally traded, I made the same mistake as not selling when prices have gone up 
November 10, 2019, 08:44:41 PM
Don't wait for another price hike, when you see the price is already high, don't wait for it to get even higher than that. I experience this kind of strategy when the price of the coins I'm holding is finally got some exposure on the crypto industry and that was the reason it's price got increase suddenly. What I did is, I quickly sold my coins without a doubt of it might further increase later. thankfully, I sold it cause, after that pump, the price has fallen again and did not recover until now.
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