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Topic: what is your unforgettable experience in trading? - page 2. (Read 911 times)

legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
Unforgettable?

Buy high Sell low.  Cheesy
Common mistake but you would  really able to learn up basing into your experience but to believe that this had been experience by most traders or investors out there.
Where we do able to buy on high price and sell it on lower when we do feel that panic inside.

Dealing with moving price will really be giving out that kind of experience but with persistence and patience, you will able to handle it out later on.

Experienced make us more matured in calling every position that we take, that particular event in life working inside trading is common to all of us, if not all we can say most of us do experienced such things.

We buy or we can say we've been move by fomo and fud leaving us empty handed or lose most our money, but the moment you overcome that fear will be the beginning of your sweet journey toward success. You have to experienced things to learn deeper and to keep your eagerness to succeed to flow out inside you.
member
Activity: 608
Merit: 10
My unforgettable experience in trading was the day I lose all my money simply because I slept off while trading, for like me 2 months I couldn't forgive myself because it was a huge amount of money. As we all know that we learn from mistakes is either the mistakes of Other or your own mistakes. I have learnt from my mistake.
legendary
Activity: 3122
Merit: 1140
Unforgettable?

Buy high Sell low.  Cheesy
Common mistake but you would  really able to learn up basing into your experience but to believe that this had been experience by most traders or investors out there.
Where we do able to buy on high price and sell it on lower when we do feel that panic inside.

Dealing with moving price will really be giving out that kind of experience but with persistence and patience, you will able to handle it out later on.
full member
Activity: 1260
Merit: 103
The OGz Club
unforgettable? certainly lost a lot of money when trading, that's something I can't forget, because $ 500 was lost.
Of course this is my worst experience, it's better to trade on the spot market than leverage
hero member
Activity: 1400
Merit: 770
My most unforgettable moment was in 2013 when I started trading bitcoin.Back then arbitrage was way more easier to pull.
I made on arbitrage from one exchange to another with some random coin and I made 0.8 BTC in 10 minutes.
It's really fun, even now looking for a profit of 0.001 BTC is a difficult thing for me. It's great to be you who can get to know BTC earlier. Just look at today it has increased several times and reached the highest price. If you trade and hold it, today you are already rich.
full member
Activity: 294
Merit: 100
My most unforgettable moment was in 2013 when I started trading bitcoin.Back then arbitrage was way more easier to pull.
I made on arbitrage from one exchange to another with some random coin and I made 0.8 BTC in 10 minutes.
sr. member
Activity: 2100
Merit: 309
Many experience during trading still unforgettable when selling coin early then few days later price up more than 100%, some time I buy coin when reach higher price and then drop again, this bad moment when I entry with new coin price down but when I sell coin raise to higher price. I think this give us with many lesson how to keep emotion when trading and never take risk to buy new coin have raise to higher price like last day when SFI raise more than 100% up many investor try to buy on higher price and now back down.
sr. member
Activity: 840
Merit: 250
www.guestcrew.com
i have so many unforgettable experience such as missing some easy money from the quick pump/dump, or invest on some coins because i know those coins will be really good later because of the news but i refused to do that because i am dumb, if i were not dumb i would had really good profit this year. those were tons of my fault about that and i hope i can fix that next year later
full member
Activity: 532
Merit: 100
I can't forget when when I did not trade all my coins when it reach it's all time high. I just trade 70% of my coin and I hold the remaining till now. But it's value now is just $.02. I regret not selling it when it's price is at $5.
member
Activity: 1120
Merit: 68
My most unforgettable experience in trading is when I was a beginner that I didn't know what to do and how I would gain profit in trading; that is why I always follow my friend, who is also a crypto trader, whenever he buys and sells cryptocurrencies that I also follow the same amount he trades. Lucky for us, we always make a successful trade, but I still didn't learn anything, LOL. It is why I started to let him teach me back then and explain to me everything how we could gain profit.
member
Activity: 879
Merit: 10
Sovryn - Brings DeFi to Bitcoin
I probably will not forget this very experience of mine a year. I was a beginner then, trying to do some tricks on Binance. The logic I discovered was the anytime btc is coming down, I buy usdt which is always fixed and mostly doesn't fall like other coins. And when btc go down deeper, I buy BTC back. And the value of the Bitcoin would has increased in volume. I was doing that for almost a month. And on this fateful day. I bought usdt as usual and I slept off cause it was during the night. When u woke up, I didn't even check the current level of BTC. I just bought the btc back. Not knowing that BTC has increased and buying it back at the very time will reduce the amount of btc that I had before. What I lost that very night was around $35 worth of BTC. Since then I don't even try to do that again.
I can't forget that experience forever.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
It's not an unforgettable trading experience but everyone can relate to this:

Whenever I sell, the price goes up. And I'm sure that's the same experience with others. There's no solution to this but to think that you've gotten enough profit during that selling moment.
sr. member
Activity: 602
Merit: 250
HEX: Longer pays better
Unforgettable experience i had during my trading is when others traders where busy selling their coins in the market to make a good profit, why me where still thinking market will still increase more than this, for me to trade my coins to make more than others traders in the market that later caused me a big loss to me that year. Since then I trade base on experience and information i got from the platform which is really helping me to make a reliable income from my trade. After all the loss I experienced that year, it hard me to recover all my lost which really make  me not to cope very well through out the year because what I experienced in the market.
Yes, I have had the same situation with you. I lost my first $ 3k earned from bounty campaigns in just 3 days. I heard my best friend's invitation that WPP will soon increase to $ 10 because the business was calling close to $ 60m at that time.
I just believe in the money they raised without further analysis, I blindly invested without understanding the project and did not bother to use the stop loss. The token is now over 1000 times the price of the ICO and I have lost all my money.
We are in the same situation and this is a really big lesson in our lives. But don't give up, man, we need to keep going and correct our mistakes. Smiley
member
Activity: 421
Merit: 47
There are several unforgetable trading experience if you trade often; it takes great skill to identify what went wrong and proffer solution to it and prevent occurrence; The most experience traders have (i assume) is the refusal to trade. Time and time again traders research and have a price set for token; but they store up their capital and refuse to trade; when the market hits and proves their analysis correct; thenn they say i should have picked this e.t.c

For me, i take refusal to pick a good trade option which comes out correctly is more unforgettable than a trade loss.
full member
Activity: 1162
Merit: 168
Honestly if you have been in crypto world for a long time, everyone has multiple stories at least, from very old times when I forgot my bitcoin wallet and moved on and when came back couldn't find it, to times when I was capable of mining bitcoin with a simple laptop, to now to these days where I was lucky to have some bitcoin during 19.2k period a few days ago before the drop and sold it, and price dropped AND I got some more recently and increased over ATH again and sold it and dropped right away right afterwards (I feel blessed) we had millions.

However one thing is certain, whatever you had so far, would be nothing soon when something even bigger happens. Crypto keeps growing bigger and bigger and our moves and experiences grows bigger and bigger as well.
sr. member
Activity: 2366
Merit: 332
I can not forget what happened recently to me, I was able to learn margin trading, I traded litecoin immediately, I sent 125 USD to my margin account, and used it to borrow $1250 worth of litecoin. Litecoin was at $64 at that time, the liquidity price was at $60. Litecoin falled not long after, it decreased to $58 and my fund was liquidated. But after the price fall to $58, the $90 rally of litecoin started, what could have turned into profit for me.

What an experience you had on that litecoin dropping but that is also the way margin trade can be a disadvantage to your trade. It falls on you when the price drop then you see how you have made your trade a trap to fall. Margin trade is risky anyway, becarefull for next time.
copper member
Activity: 2254
Merit: 608
🍓 BALIK Never DM First
I can not forget what happened recently to me, I was able to learn margin trading, I traded litecoin immediately, I sent 125 USD to my margin account, and used it to borrow $1250 worth of litecoin. Litecoin was at $64 at that time, the liquidity price was at $60. Litecoin falled not long after, it decreased to $58 and my fund was liquidated. But after the price fall to $58, the $90 rally of litecoin started, what could have turned into profit for me.

That indeed is a painful experience. To my opinion margin trading can be profitable but equally risky and in your case the market dynamic has messed up your plan entirely. Interestingly though this move should have been accounted for initially - at least you learnt a lesson the hard way.
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
I can not forget what happened recently to me, I was able to learn margin trading, I traded litecoin immediately, I sent 125 USD to my margin account, and used it to borrow $1250 worth of litecoin. Litecoin was at $64 at that time, the liquidity price was at $60. Litecoin falled not long after, it decreased to $58 and my fund was liquidated. But after the price fall to $58, the $90 rally of litecoin started, what could have turned into profit for me.
member
Activity: 728
Merit: 63
$CYBERCASH METAVERSE
Feel nice to know about everyone's experience in trading unforgettable. It could happen once or more during business life. Unforgettable experience makes a man strong and helps to protect him from collapse. I haven't experienced as like that yet. So other experiences will help me to avoid this type of mistake.
legendary
Activity: 2422
Merit: 1140
duelbits.com
Losing funds because of only following the free signal from the group. This is absolutely a mistake because this was my last experience of trading crypto. This can be a very good lesson where before trading, we must learn first about how to be a good trader, learning about the graphic and chart, and also market volatility and liquidity. All information in the market will be worthy to learn because we really need it to analyze. In this case, we can also see how the next way of trading. This is not only about buy and sell, short or long, but it is about predicting and analyzing the market. It is enough to lose that money like that
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