What's the worst trading decision you've ever made? - page 8.

FLoving

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Quote from: Haladay on February 23, 2018, 04:28:40 PM

Quote from: Fatunad on February 21, 2018, 06:03:23 PM

Quote from: reganvegan on January 09, 2018, 04:16:56 AM

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...

Its not actually a trade but somehow considered to be part of. Going back in the past on where i do have XRB (Raiblocks) which have been bought for a very very low price and then being sold out into few hundreds of satoshis wayback before and now the price had soared up high which i do end up on regretting because if i did able to hold it of for almost a year then i might be a millionaire as of now.

I could be an early adopter for the coins but I didn't buy them and I missed this thing some time ago. This is the worst one ever for me, I will never repeat the same mistake I wish.

I also miss much of the opportunities. I Always want to be in the people who buy the coins before a bigger percentage gain in the exchange, but I always come later. But once in one coin which was with me from an year I earned about 20X and from that I learned that we have to keep some amount of money in some high potential coins and that will make us a good profit with the passage of time.

Johnyz

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Quote from: Lannie25 on February 23, 2018, 01:49:09 PM

The worst experienced that I have in trading is when I sell my bitcoins in lower price because of continuous decreases happening these past few days. I lost my money but it was a lesson learned in my life.

No one can always win in this kind of market, Personally I worst experienced is to trade with zero knowledge i bought cheap coins and my portfolio becomes more cheaper really learned from this and hopefully able to bounce after a fall.

Haladay

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Activity: 476

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Quote from: Fatunad on February 21, 2018, 06:03:23 PM

Quote from: reganvegan on January 09, 2018, 04:16:56 AM

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...

Its not actually a trade but somehow considered to be part of. Going back in the past on where i do have XRB (Raiblocks) which have been bought for a very very low price and then being sold out into few hundreds of satoshis wayback before and now the price had soared up high which i do end up on regretting because if i did able to hold it of for almost a year then i might be a millionaire as of now.

I could be an early adopter for the coins but I didn't buy them and I missed this thing some time ago. This is the worst one ever for me, I will never repeat the same mistake I wish.

ololajulo

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Activity: 2240

Merit: 270

SOL.BIOKRIPT.COM

Quote from: ralle14 on January 09, 2018, 07:57:15 AM

Bought 1 Eth 2 years ago and sold it after the price went down by more than 10% then the next day the price immediately recovered. Eth was still cheap back then so it's not a big deal for me anymore and that experience helped me to be more disciplined every time the price goes down.

sometimes u will have to check the projects updates via social media to know if any news is coming up for the project. U should have understood not selling all your token at once. Place different prices if possible

anjaydut

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Activity: 140

Merit: 11

Regret always comes later.
a few weeks ago, about 3 weeks ago I bought altcoin.
and somehow I really want to invest all my money to the coin. after a few weeks I think the price of the coin will go up. but the reality is otherwise.
the coin plummets. and automatically all my money is forfeited! and it was the worst trade decision I ever did.
if you can advise, do not be too ambitious with this investment. because the risks you will face are enormous.
just take a little advantage, do not be greedy Wink

Lannie25

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The worst experienced that I have in trading is when I sell my bitcoins in lower price because of continuous decreases happening these past few days. I lost my money but it was a lesson learned in my life.

appiivenkii

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Quote from: Manchumichael on February 21, 2018, 09:59:01 AM

Quote from: malah on February 20, 2018, 08:07:37 AM

Quote from: reganvegan on January 09, 2018, 04:16:56 AM

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...

The worst decision about trading I ever did was I bought a coin when the price went down but it turns out the coin prices continue to fall and now I can only hold it and wait for the price back up because I do not want to lose. by selling it cheaply

I think this is not your worst decssion. you bought the coin when that coin price went down that means bit early you bought that coins that's it. don't worry if the price recovers then you will get your investment back with profit. suppose if you bought coin when the price was high then you can consider that as your worst decision.

It depends upon how much % of his holding he invested on that low coin..

And does that coin have any use-case or any future development and good team ??

Just if u had seen the price low and invested then it might be an worst decision

Fatunad

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Activity: 2226

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Quote from: reganvegan on January 09, 2018, 04:16:56 AM

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...

Its not actually a trade but somehow considered to be part of. Going back in the past on where i do have XRB (Raiblocks) which have been bought for a very very low price and then being sold out into few hundreds of satoshis wayback before and now the price had soared up high which i do end up on regretting because if i did able to hold it of for almost a year then i might be a millionaire as of now.

kamote291993

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Activity: 140

Merit: 16

Selling like literally selling a coin when you are in a profit , there are several coins which i used to trade to increase my amount of btc i make profit but the mistake i made was selling it immediately after reaching my goal , what i realised now is it's better to put stop loss rather than selling it away because you could easily make more profit or control your loss.

seizetehday5

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Activity: 238

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Sold an asset for one tenth of what I was supposed to sell it for. Luckily the system in place didn't allow that and sold it to the next highest bidder, that was a relief once I found that out. Before that my heart was racing pretty quick Grin

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Apaxy

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Merit: 11

Quote from: allohha on February 21, 2018, 01:28:52 PM

Quote from: clarkt on February 21, 2018, 11:25:51 AM

The worst trading decision I made every now and then is the ability to determine the right price for me to exit my trading position. I must confess the hardest part of trading for me is the ability to determine the right valuation for my holdings.

every time the stock market jumps up, and then down, it becomes more difficult to do an analysis to show the real situation.

doing analysis has always been difficult, especially if you do not follow the market very closely. At least, only the community helps to properly navigate the market.

allohha

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Quote from: clarkt on February 21, 2018, 11:25:51 AM

The worst trading decision I made every now and then is the ability to determine the right price for me to exit my trading position. I must confess the hardest part of trading for me is the ability to determine the right valuation for my holdings.

every time the stock market jumps up, and then down, it becomes more difficult to do an analysis to show the real situation.

clarkt

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Activity: 658

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The worst trading decision I made every now and then is the ability to determine the right price for me to exit my trading position. I must confess the hardest part of trading for me is the ability to determine the right valuation for my holdings.

butcherme

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Merit: 18

Quote from: reganvegan on January 09, 2018, 04:16:56 AM

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 have bought MNX because FOMO and was able to buy during the peak, and it went down three times and never went more than it's ATH since then. Now, I have no choice but to hold and park them for almost two years just to recover my losses. I don't want to sell them just to recover some of my money.

Crypto maker

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When I was made a decision to buy some bcc coin by $25 per coin that was my first worst decision in trading carrier .

Wicked17

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Quote from: reganvegan on January 09, 2018, 04:16:56 AM

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...

Worst thing that i do in trading is when i buy a thousand of digibyte coins at 400 satoshi each, after nearly a week i didnt see any movement but always going down until i lost 30% of my total value of coins, then i decided to cut my lost. After another week it pump around 1000 satoshi each. Sad if i just hold on Sad

gentlemand

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Welt Am Draht

Quote from: mai2mai on February 21, 2018, 10:40:51 AM

Quote from: gentlemand on February 21, 2018, 10:04:41 AM

All of my trading decisions have been appalling. I genuinely can't think of a single one that succeeded. It's always too early and then there's a pump, or it's too late and it dwindles to nothing.

I learnt long ago that I don't have the psychological equipment to make a success of it. If more people could admit that to themselves they'd be considerably better off. Hardly anyone has what it takes to be a long term success at it.

But you make profit, don't you?

By trading? Hell no. Only buying and holding.

The stuff I've 'traded' has mainly been forks so it was free money and largely meaningless. If I'd laid out real money then I would've lost large amounts of it no doubt. I always seemed to get rid of the forks a few moments before they soared.

The few alts I've bought in recent times thinking I was a hero are still miles underwater which is quite an achievement.

mai2mai

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Quote from: gentlemand on February 21, 2018, 10:04:41 AM

All of my trading decisions have been appalling. I genuinely can't think of a single one that succeeded. It's always too early and then there's a pump, or it's too late and it dwindles to nothing.

I learnt long ago that I don't have the psychological equipment to make a success of it. If more people could admit that to themselves they'd be considerably better off. Hardly anyone has what it takes to be a long term success at it.

But you make profit, don't you?

I normally trade for 10-20% of profit and don't care if the coin goes up after I decided to sell it. But I've also made bad decisions) At the very beginning, when I came to the market I've been trading with 'signals' (yeah, stupid, I know

And I will always remember how I bought Bela and GUP at their highs...I was holding for more than 6 months...but then I've lost patience and sold them with losses...it was just 2 days before they were pumped))) the lesson is: If you hold, hold till the end)))) Anyway I was a day trader at that time, so I've made my money back in a week, but that pump still hurts Grin

gaurav@zup

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Worst of the worst decision was to buy Giga watt token ( WTT ) at $ 1.5 just to flip trade but it haven't moved since then ... lucky i sold it at break even point and by then it has dropped to $ 1. ( Golden advise : never ever trade ashit coin even to earn short term gains )

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

All of my trading decisions have been appalling. I genuinely can't think of a single one that succeeded. It's always too early and then there's a pump, or it's too late and it dwindles to nothing.

I learnt long ago that I don't have the psychological equipment to make a success of it. If more people could admit that to themselves they'd be considerably better off. Hardly anyone has what it takes to be a long term success at it.

Topic: What's the worst trading decision you've ever made? - page 8. (Read 1435 times)