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Topic: What's the worst trading decision you've ever made? - page 2. (Read 1447 times)

full member
Activity: 434
Merit: 100
My worst decision was to invest in DGB at 2500sts, at that time there were a lot of predictions that it would go up so because of the fomo I bought a lot and the result was that I lost more than 50 % of the value of your property. That is a lesson I will remember forever in this market.
full member
Activity: 616
Merit: 100
First Islamic Crypto Exchange
I sold the coins in panic or because they did not grow for a long time. The most important thing is to have exposure
newbie
Activity: 28
Merit: 0
sr. member
Activity: 994
Merit: 257
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I think my worst moment would be when I trade my bounty reward and after an hour the token went up about 10% or more.
I really felt bad about it and after that whenever I got a bounty reward I would make sure to keep some of it so when it pumps up I could sell it off.
legendary
Activity: 3346
Merit: 1191
My worst trading decisions were made in beginning when I was selling in panic, prices started to go down and instead to be patient and wait I were selling just to cut my losses. Since then when I buy and price drop I wait, doesn't matter how long, for months if I need.
Its a classical newcomers mistake that most of us made. In those trades I lost a lot of money, even more if you calculate by this prices now.
Except that I didn't make mistakes, after I learned to wait of I buy in wrong time I started to make more profit. I don't regret because of that, every school needs to be paid somehow, I paid mine. All newcomers made mistakes with trading, we start like its easy but its not.
newbie
Activity: 154
Merit: 0
Fortunately I did not make epic fails with crypto coins but I did with direvatives on a commodity market when I hold futures with a sufficient big leverage opposite a trend I could not acknowledge my mistake and I lost very much. Anyway direvatives are very difficult crypto coins are much simplier
hero member
Activity: 1139
Merit: 500
We always hear people posting about their awesome trades and/or gains but very rarely hear about the stupid things that people do. With that in mind, let's hear the biggest brainfarts you've had while trading crypto...

I think for me it's quite easy. Trade-out prematurely or selling in panic, especially during the times when the market and its assets are falling down, and I didn't know then that it will soon rise up again after a few months. Since I don't want to endanger my investment and capital more and thinking that I would only suffer lesser loss, I got rid of my assets that would rise up after a couple of months. I regretted that very much then, but I got over it. After all, I can't do anything to get it back but to learn from it.
Panic selling is one of the most common worst trading decision everyone has ever made and I'm not exempted from it. I've also been into that point of my life where I was so impulsive and not thinking of other possibilities. In consideration, it's also the inappropriate timing of when, how, where, and why to trade. It's depressing and exhausting. There are a lot to mention with regard to this issue,  but I don't think dwelling too much on this situation can help us grow. What is important is we learn from that experience, move on and not to do the same mistakes again.
hero member
Activity: 1274
Merit: 519
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We always hear people posting about their awesome trades and/or gains but very rarely hear about the stupid things that people do. With that in mind, let's hear the biggest brainfarts you've had while trading crypto...

I think for me it's quite easy. Trade-out prematurely or selling in panic, especially during the times when the market and its assets are falling down, and I didn't know then that it will soon rise up again after a few months. Since I don't want to endanger my investment and capital more and thinking that I would only suffer lesser loss, I got rid of my assets that would rise up after a couple of months. I regretted that very much then, but I got over it. After all, I can't do anything to get it back but to learn from it.
sr. member
Activity: 1890
Merit: 295
GOD is TRUE
My worst trading decision was to sell most of the bitcoin crypto assets because of too high panic factors, and after selling them I became frustrated because prices soared and became 10x the price I sold afterwards. There is one very important thing in which I have to keep believing in bitcoin and not even selling it.
legendary
Activity: 2898
Merit: 1006
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my worst trading decission was happened last year when Dogecoin reach to 100 satoshi above that i was bought at that price because some of people says Doge will reach to 200 satoshi at that year so buy and hold Doge is good idea they said but unfortunately they said were wrong that Doge price gradually fall and i never can recover my losses back
sr. member
Activity: 1050
Merit: 277
i guess i made wrong by not holding my litecoins last year. i remember the price was stuck at 4 usd for a while. i collected from these point and i just sold them during the first pump wave when it was about 8 usd. it reached till 300 usd at the end of last year. I had an opportunity earn x100 in less than 1 year.
member
Activity: 224
Merit: 10
We always hear people posting about their awesome trades and/or gains but very rarely hear about the stupid things that people do. With that in mind, let's hear the biggest brainfarts you've had while trading crypto...
You may know that bitcoin's price has hit $ 19800 and I had the worst trading decision when buying bitcoin at $ 19,000 and cut losses when bitcoin fell to $ 6000. I was divided into three properties, a very bad and wrong decision, as a result of unplanned sales and lack of market knowledge, I had to divide my assets mine.
hero member
Activity: 700
Merit: 553
I sold my ico eth's around 11 usd, one monts later it went to moon, and I sold my ZCL tokens around 10 usd (4x gain) and just 2 days later it crashed 200 usd.
full member
Activity: 322
Merit: 100
We always hear people posting about their awesome trades and/or gains but very rarely hear about the stupid things that people do. With that in mind, let's hear the biggest brainfarts you've had while trading crypto...
my worst decision in trading is my inability to be more patient in holding a coin and it makes me always fail to get better profit. right now I always try to keep my coins and plan to do the selling target.
hero member
Activity: 840
Merit: 508
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My worst trading decision ever made was the choice not to invest in ETH when I had the chance, near when it was first released. Although I don’t like regretting things, this is one thing I did regret. The hype around ETH was big when it was around $7 and I was offered the change to buy a bundle at a great discount, but I didn't believe in the potential. Oh well.
newbie
Activity: 113
Merit: 0
I guees that was selling of $2k BTC back in 2014.
Made a good extra with it though
full member
Activity: 462
Merit: 100
We always hear people posting about their awesome trades and/or gains but very rarely hear about the stupid things that people do. With that in mind, let's hear the biggest brainfarts you've had while trading crypto...

Happened just late last year 2017.  I have recieved 100k PRL as payment for my signature campaign sold 50k at a rate of one is to one. Only to find out that it had risen up to double just 4 months after it was launched in exchanges. I'm sorry I just had to sell it off due to immediate need. Makes me laugh each time I remember. NOw, you'll get 30k for the price of 1k PRL.
Forgive my nuissance.
I known better now. That is to HODL. And to save.  
full member
Activity: 378
Merit: 101
Selling EOS @ $6 dollar just before the rise of EOS. It's feel me so bad. Now price of eos $19. Now again try to buy eos but getting fear price become so high.
member
Activity: 372
Merit: 10
We always hear people posting about their awesome trades and/or gains but very rarely hear about the stupid things that people do. With that in mind, let's hear the biggest brainfarts you've had while trading crypto...
When I'm impatient to a coin because the price is always up and down daily so instead of i earn a lot of profit i have no choice to sell it that time because I need it to invest in other coin and I think its normal yo us that so.e time we have impatient moment but in crypto you need a lots of patients if you want to earn big profits.
sr. member
Activity: 1484
Merit: 253
The worst thing I ever did was sell my bitcoin at a very cheap price I had a huge loss. My mental and emotional level is an important part of taking every decision.

It's true - the ability to take emotion out of trading is paramount to being a successful trader. It's definitely easier said than done, though. Hell, even hodling can be hard when the market dives!
Same here bud, as what I've been experienced on my bitcoin way back last November 2017. On that time I'm planning to hold my shares which that time bitcoin is around $7,000 and I sell when it hit up to $11,000 and I didn't expected that It's gonna increase as much as $20,000 supposed to be my shares could be almost 3 times. Well, everything is unpredictable as what happen to the value of bitcoin is volatile as well as other crypto currency here in the cyberworld. I'm just hoping that I'm gonna be lucky enough soon. Cool
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