Topic: What kind of worst decisions do you take when trading? (Read 5296 times)
For me po the worst decision that I have made when I was still trading without ever looking on a coin's roadmap and more a year ago is buying a shitcoin that was pumped to 10 satoshi from 1 satoshi then it have gone back to 1 satoshi overnight leaving me being unable to sell it.
I remember when i first register on a trading platform. I buy some coins because i see that's it's moving up quickly then after i bought it and leave it. When i came back i was shock because the price decrease and i panic then i suddenly sell all my coins because i'm thinking that day was i will lose all my balance. That was a bad move because after a couple of days the price went up again and i told myself that if i trade i will not panic again.
I had a similar idiot move. I saw a thread here about a coin. I was looking to move some Bitcoin out to diversify and it was very interesting, with all sorts of predictions for September. I did some research and spent a few hours to read all about it and the move seemed too good to miss out. I went and saw the same pattern you did. moving up quickly. I bought a big amount haha. And saw it was already in profit after even a few minutes. Then I came back the next day and wham. More than 50% of Bitcoins gone. BUT unlike you I did not sell
Now just holding forever.
To sell off at low profit is a worse decision i take . And the worst thing is, I do it repeatedly. I am not able to control myself when i find out that i have made some profit. Trying much to control over this habit.
I remember when i first register on a trading platform. I buy some coins because i see that's it's moving up quickly then after i bought it and leave it. When i came back i was shock because the price decrease and i panic then i suddenly sell all my coins because i'm thinking that day was i will lose all my balance. That was a bad move because after a couple of days the price went up again and i told myself that if i trade i will not panic again.
to me i think for so many times i think i take the wrong decisions about bitcoin. as in previous day when the price was trading below 2500$ i sold about 6 bitcoins as it was expected that the price of bitcoin will fell down therefore i sell all my bitcoins in panic and now when saw the price trading almost touching 5000$ i am really not feeling good about my decision but still hope that i will get other opportunities of making money. 
During my early days of trading,i have taken many worst decisions.As a newbie,i had no clear knowledge about altcoins.Whenever i see some coins price rising high,immediately i used to buy without knowing that it is being dumped.I would not fix any profit margin and would blindly follow the price increase thinking that sky is the limit for my profits.Suddendly when it breaches the final point of pumping,it gets immediately dumped and i used to get shocked on seeing this.I used to try to place a sell order just below the price of that coin,but no use it will fall very quickly.Finally,i would end up the trade by selling that coin at a very low price than what i bought.I have lost a lot by this way.
I remember when i first register on a trading platform. I buy some coins because i see that's it's moving up quickly then after i bought it and leave it. When i came back i was shock because the price decrease and i panic then i suddenly sell all my coins because i'm thinking that day was i will lose all my balance. That was a bad move because after a couple of days the price went up again and i told myself that if i trade i will not panic again.
I had a similar idiot move. I saw a thread here about a coin. I was looking to move some Bitcoin out to diversify and it was very interesting, with all sorts of predictions for September. I did some research and spent a few hours to read all about it and the move seemed too good to miss out. I went and saw the same pattern you did. moving up quickly. I bought a big amount haha. And saw it was already in profit after even a few minutes. Then I came back the next day and wham. More than 50% of Bitcoins gone. BUT unlike you I did not sell
Now just holding forever. 
To me, the worst deal is to sell too soon as the price goes up a lot. I can not control my emotions. Sometimes the price has just risen to sell and sometimes the price of ms just dropped a fears have been sold so. The result is not as profitable as I would like. However, these are still better than nothing or lose everything.
On the first day of BCC traidind bought a part practically on high level. And, of cource, sold it in minus.. However it have been pumped above that level later..
I remember when i first register on a trading platform. I buy some coins because i see that's it's moving up quickly then after i bought it and leave it. When i came back i was shock because the price decrease and i panic then i suddenly sell all my coins because i'm thinking that day was i will lose all my balance. That was a bad move because after a couple of days the price went up again and i told myself that if i trade i will not panic again.
I had a similar idiot move. I saw a thread here about a coin. I was looking to move some Bitcoin out to diversify and it was very interesting, with all sorts of predictions for September. I did some research and spent a few hours to read all about it and the move seemed too good to miss out. I went and saw the same pattern you did. moving up quickly. I bought a big amount haha. And saw it was already in profit after even a few minutes. Then I came back the next day and wham. More than 50% of Bitcoins gone. BUT unlike you I did not sell
Now just holding forever. I remember when i first register on a trading platform. I buy some coins because i see that's it's moving up quickly then after i bought it and leave it. When i came back i was shock because the price decrease and i panic then i suddenly sell all my coins because i'm thinking that day was i will lose all my balance. That was a bad move because after a couple of days the price went up again and i told myself that if i trade i will not panic again.
Panic was not your exact mistake. The real mistake was leaving things behind after buying coins. A trader must keep an eagle eye on the market values. Otherwise, what sort of trader he is? Things wouldn't have been this bad if you kept yourself informed with market situation.
I remember when i first register on a trading platform. I buy some coins because i see that's it's moving up quickly then after i bought it and leave it. When i came back i was shock because the price decrease and i panic then i suddenly sell all my coins because i'm thinking that day was i will lose all my balance. That was a bad move because after a couple of days the price went up again and i told myself that if i trade i will not panic again.
As you said thats also is what I did.
Still have to sell it for a loss. at the actual price I bought. So my bitcoins have fallen over and I've never recovered. I still bought shitcoins after I sold it and did not know that it was only a few days after my purchase. I bought you 1 Sats and increased by nearly 1,500 Satoshi. I would have earned a lot and changed my life. But I really do not know it. Perhaps the lord Almighty has a better plan for me and I believe there
Every decision that we have made during trading has serve one of two purposes it is either made us money or it is taught us a lesson. Therefore there are no mistakes that have been made. Obvi upside with made a lot more good decisions than we have bad decisions. And the same goes for all of my clients.
By mistake man can be man. Women can be women because if we mistake then we learn a lesson if we are not doing mistakes it is mean in the end of story we will be flop so it is good to have a lot of mistakes in a start that we will be successful in the end so that's all from me i hope you got the point what im trying to say.
If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.
How did your trading experience make the worst decisions?
How did your trading experience make the worst decisions?
I didn't buy ethereum when it was $90. I was gonna buy it but one of my friends told me it's not time, we need to wait for dump.
I didn't sell my waves tokens when it did hit 0.02BTC. If I did, I could bought 2x more waves now, the price stuck on 0.011BTC.
Following signals without paying attention to the how the order book is trading.
The worst decision is to panic and finish everything quickly. The buyer will try to manipulate slot in selling your item for a cheaper price , but you have to stay firm in your decisions and then profit will be all yours .
I only have two mistakes that happen to me and I learned from it. Riding the hype or buying popular coins and buying coin that was going to get delisted because I did not research anything about the coin or announcement threads.
Perhaps if you're making too many of what you consider to be bad decisions that maybe you should consider going into a different field business. Mistakes do happen but learning from the mistakes is the key. One of my friend two bitcoin in trading but he was not disappointed. He learn his mistakes and within a period of 4 months trading, he was able to recover his loss.
I only have two mistakes that happen to me and I learned from it. Riding the hype or buying popular coins and buying coin that was going to get delisted because I did not research anything about the coin or announcement threads.
Perhaps if you're making too many of what you consider to be bad decisions that maybe you should consider going into a different field business. Mistakes do happen but learning from the mistakes is the key. One of my friend two bitcoin in trading but he was not disappointed. He learn his mistakes and within a period of 4 months trading, he was able to recover his loss.
All have done a mistake but the worst thing i made was im trying to focus on single coin which is i just buy and max all my bitcoin there until then i don't see any result of that coin till i decided to sell it again and i almost lose my money there because im too greedy that time and newbie till i earned experience and the same time profit and i learned my kesson no not focus on singke coin
I only have two mistakes that happen to me and I learned from it. Riding the hype or buying popular coins and buying coin that was going to get delisted because I did not research anything about the coin or announcement threads.
Lol both could've been avoided by researching about where you're going to place your money on. I also lost quite a lot with that first mistake you had. Reading the trollbox did me in there as i bought in at a coin they were pumping only to end up losing 30% of my purchase point
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