Which was your worst crypto trading decision? - page 2.

fullhdpixel

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Quote from: Mkmanik on August 21, 2021, 09:54:55 AM

Selling Cardano was my worst decision at all. I sold my Cardano bag at $0.15 also made some money. But who knows that Cardano will hit $2? Cardano still pumping and peoples are bullish on this coin. There is hype ongoing, I also believe this time Cardano will hit $3.

Ouch, man! That must have hurt really bad for you. I did the same with Solana so I can relate to your pain completely.

I have made many such mistakes but the truth is that they were not mistakes but a learning experience. I think a mistake is when you missed an opportunity while selling something cheap and watching it go bonkers is just unfortunate. I have been unfortunate hundreds of times throughout the years but I don't think I have made any such mistakes where I can look back and feel bad.

Jilapikhamu

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selling btc at 4000$ Cry

Pasa32

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There are many mistakes i had already made in crypto but the most important thing that i had learned more from my mistakes. First i was not a good trader but when i made some mistakes like not having patience, not going to do something best performance in trading, It all leads me to some standard, So, mistakes are always lead you to some best place.

Rigon

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Some of the worst decisions of my life were whether to see some coins without seeing the signal. Earlier, when the market was pumping the most, I bought futures trading Dogecoin like TLM and XLM. I had lost enough. It costs me 1100$ to 1700$I lost. I did not give stop loss. In it I acted like a lot of fools. I had made the highest loss here in my trading life.

LUCKMCFLY

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My worst experience in crypto was leaving a trade without a stop loss, waiting for it to recover, obviously I made this decision because at the beginning I was in a group of signals, and they did not give the signal very well, the BTC fell suddenly and my operation was in an alt.

I left the market when the currency fell by approximately -40%, since that day I did not follow any more signals and I began to read books referring to market speculators to try to understand the movements of the market, what originates them, how the whales think and the good use of "Stop Loss", "Take Profit" and learn to handle very well the tools that Exchanges offer you.

Wakate

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I could remember when I was introduced to cryptocurrency, I ignored it cause I was thinking maybe everything will soon be a thing of the past due to my limited knowledge in cryptocurrency. I letter bought small amount of Bitcoin then sold it with tiny profit. Only if I had knew that the market will still remains favourable till this present time. I can now buy crypto with full confidence now because I know that the market can never crash and has good things to offer.

Mkmanik

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Selling Cardano was my worst decision at all. I sold my Cardano bag at $0.15 also made some money. But who knows that Cardano will hit $2? Cardano still pumping and peoples are bullish on this coin. There is hype ongoing, I also believe this time Cardano will hit $3.

I also sold my Waves for only $2, I was the owner of 11k waves and sold all of them for some quick cash. Still, I regret what I did! Waves and Cardano was those coin, that can provide me financial freedom Sad

I know there will be a second chance. I am waiting for the chance.

Anamika1000

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When I start trading I didn't have much money to start with but have a little one but once I entered and learned some strategies, I got a profit of $500 in just a week. But I didn't have that much patience to wait for long-term coins so, I lost all of my profit due to greed, which is a cause of losses for all the traders.

electronicash

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Quote from: nelliella on August 21, 2021, 08:02:56 AM

Bought Etc 3 months ago at $30 sold at 35$ it went $180 24 hours after i sold Cheesy

feelsbadman Roll Eyes

damn that's a sharp climb.

we almost have an opposite experience with altcoins. selling too early and when i realize it was too early i bought back because the price keeps going up but after the buy, the price drops. when you trade base on the blogs you thought are credible, you end up losing your funds. what you are doing is let them manipulated you into their scheme of pump and dump especially if you trade altcoins. after losing a substantial amount, i decide to refocus and just stick to BTC because the charts reflect clearer than trading altcoin's chart.

Reid

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Then, these questions pop out while you are trying to forget them. Grin

My worst decision was being too greedy to make the profits higher which in fact was started with a scratch.
I could've just let it go for $500 when converted but I tried to gamble it thinking I was in a good streak.
For other's that may be a low amount but for me, that is used to a $100 - 300 budget, that is quite a good number to rest.
But I didn't and it's gone. I may have tried to pull it back and it just made everything worse.

palle11

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Quote from: nelliella on August 21, 2021, 08:02:56 AM

Bought Etc 3 months ago at $30 sold at 35$ it went $180 24 hours after i sold Cheesy

feelsbadman Roll Eyes

3 months ago was around June or May, etc at the time was above $30 then it was around $50 above. Maybe around April below you may be referring to. Etheruem classic has had a big bull since this year after etheruem started it's bull also .

Beparanf

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Taking profit at the right time. This is my kryptonite and most probably most the newbie trader because the euphoria given by price pumping will give you the feeling of not selling at any point of the bull run instead you will realize the need of selling once you are already awake that crypto price that you are holding is losing. Its always easy to sell at loss rather than at profit because of FOMO. Do you guys feel this way when trading?

UserU

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Quote from: Handpari on August 21, 2021, 07:43:28 AM

My biggest mistake that i did not hold some best coin like Dego and Cake for long time. I sold all my long term in beae market. I bought Dego when itvwas near 1$ but sold at 2$ Price.
I bought Cake token when it was 2.5$ but sold when it was 6$.
If i hold i will have great portfolio now.

You didn't stake them CAKE? Their APR is pretty stable...

nelliella

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Bought Etc 3 months ago at $30 sold at 35$ it went $180 24 hours after i sold Cheesy

feelsbadman Roll Eyes

Handpari

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The World's Leading Cryptocurrency CFD Exchange

My biggest mistake that i did not hold some best coin like Dego and Cake for long time. I sold all my long term in beae market. I bought Dego when itvwas near 1$ but sold at 2$ Price.
I bought Cake token when it was 2.5$ but sold when it was 6$.
If i hold i will have great portfolio now.

jossiel

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Quote from: ConnerDalfino on August 21, 2021, 04:53:50 AM

Truth be told, we all know it. Crypto trader, regardless of how good one thinks one is, sometimes makes mistakes. While we all made errors, some were bigger than others.

Which do you consider to be the worst mistake you made when trading CRYPTO?

Being hyped and triggering my emotions for some of my past trades.

I also think that we can include everyone's mistake of not buying during the early days of bitcoin when we already knew about it but we chose to ignore it.

palle11

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If you buy a coin to hodl for long without doing proper research on it, you can have big regret. This is an incident I keep remembering, I bought a token that had been due to be deregister and I got stocked with it because no other exchange can I sell it Grin

I just lost the hard earn money just like that. I'm more careful now in my investment and confirms a coin is in good exchange before buying.

UserU

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Selling during the crypto winter. Would have made a fortune should I hodl for like 2 more years.

Om.monata

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The worst mistake in trading is that I am eager to make big profits. where I already made a profit of $1500 within 5 hours, but I was so eager that I lost and lost $1500. that's my worst experience where in trading it's not allowed to be greedy and have to control emotions

ConnerDalfino

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Truth be told, we all know it. Crypto trader, regardless of how good one thinks one is, sometimes makes mistakes. While we all made errors, some were bigger than others.

Which do you consider to be the worst mistake you made when trading CRYPTO?

Topic: Which was your worst crypto trading decision? - page 2. (Read 240 times)