Worst year of trading for me damn - page 6.

Harley29

full member

Activity: 490

Merit: 100

Quote from: Gasolindance on December 25, 2018, 07:28:36 AM

Yes, agree with you. 2018 was so hard for many members of cryptocurrency and I really think that next year would be much better and we can see it now.

Yes if it is bad time so you should have patience and hold your coin. 2018 was not that bad too but a few traders complained they did not get better out of it. So now i am hopping for the good I am holding to trade later in 2019 i am sure till then market will recover and situation will be better than this. now is the time to store some more coins.

mdzahed134

sr. member

Activity: 2226

Merit: 259

DGbet.fun - Crypto Sportsbook

In 2018 whole year was not worst i think. Last year december to march market was huge pumping than gradually going to fall down. You holding more than 6 months this is not a trading it's called holder. Whatever i just lost 2000$+ in NPXS when i sold price was 0.001$ after 2 days it's pumping 0.01$. This kinda a lot of regret in this year.

burky156

full member

Activity: 658

Merit: 112

Whole year was the worst of my history. I have had some great ammount of loses. The Bitcoin Private (BTCPP), i bought it from $44 on 20th of April, expect to see $250, but if you look at its price right now its $1.82. Hopefully i have sold it from $9. Also i had great lost with doc.com Token (MTC), bought from $0.25 and sold $0.03.. I believe that many of altcoins did lost like 1/8.. I think we won't have bad years again like 2018..

iljamlnk

jr. member

Activity: 406

Merit: 3

It is necessary not to sell all the coins at once, but to put them on sale in parts. So you can avoid big losses.

seggardinggins

full member

Activity: 616

Merit: 100

The arrival of the Bearish market yesterday was greater for people who chose to hold an altcoin that was cheap, all had a lot of risks, but not too much risk. the market is indeed very fast changing prices from so many hours or days so we must have an accurate estimate to sell them, all of them must have experienced it. for now the market is still unstable but don't worry about every sorrow there must be happiness.

cewekimut

sr. member

Activity: 798

Merit: 250

It all depends on your strategy and the results of your analysis. I personally have experienced this incident that the coins we sell after a few weeks the price of tokens will rise higher. But this is the most interesting thing so far if we are patient and do not panic to sell coins, of course, we can sell coins at the right time.

SvetikB

full member

Activity: 504

Merit: 108

You are not the one who made mistakes. I was too naive and unexperienced and after the bullmarket where i`ve done big profits i completely failed on the correction

jekainvestor

sr. member

Activity: 924

Merit: 255

Quote from: puremage111 on November 02, 2018, 08:09:26 AM

So after the bearish market came
I've been holding more alts than BTC/ETH

Coins like COSS, NANO, CND and etc
I been making loss and missing out most of the pump because i sell these coins and convert it to ICON (ICX) which i waited it to be move
So basically after everytime i sold my specific alts, few days later it went 100% Shocked

NANO, bought at 0.011 ETH i sold at 0.005 ETH, 7 days later, it went up to 0.013 ETH. Hold for almost 6 months and sold, it went up after 7 days.
Same to NANO, COSS

Everytime i sold, within days to 1/2 week
It pumped like crazy

Just like COSS
Sold off 100k at 28 ETH last week
Today 100k COSS priced at 53 ETH

Holy i been making huge losses in 2018 Cheesy

It is very familiar situation of trading. Especially when the bear market in 2018 started, I very often fixed with minus and had a hope to get something from other coins, and lost very much.

Benarand

full member

Activity: 773

Merit: 100

This year was the worst for everyone. Many went to great losses. But you need to remain patient and stock up on new forces for the next year.
And try to wait for the best price to sell tokens fail. She can grow or fall at any time.

EXtremeAEX

hero member

Activity: 798

Merit: 503

Judging by the actions you described, it can be concluded that you didn't have a clear and reasonable plan.
Personally I, when I cannot understand what exactly is happening with the market, I don't trade until something changes. Only after the situation becomes clear for me, I form my action plan based on my assumptions.
For example, the price of my asset falls and I assume that the fall will continue. But I know that the fall is not continuous. The price falls, but not constantly, there is a time when it is slightly corrected and at that moment it is slightly (or significantly) rising. In this situation, I can act in several ways:
1. try to average the initial purchase price;
2. selling an asset in order to buy it back at a lower price (this action can be repeated many times when it falls and as a result I will have a profit. And this is an increased number of coins, the surplus of which I can leave or sell);
3. selling an asset in order to transfer money to a more promising asset that is more likely to bring me a profit.
In order to make this happen to you no longer occur, evaluate the market without emotions and make a plan of action.

Aleksei Hurskiy

member

Activity: 448

Merit: 10

I try not to sell anything now, although frankly itching to take everything and sell. We need patience, do not want to go into the minus. I'll wait a couple of months

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: Nivia1st on December 25, 2018, 06:31:41 AM

maybe this year is bad but this isn't the worst. there are still more terrible things next year. so prepare yourself, if Bakkt and EFT fail. maybe the market will be destroyed and no more people want to buy crypto on the market.

Yes, it is not worst because at least, bitcoin price still above on the $3000 and it's up and down in many times. Maybe it's a test for many people especially for new people who are new in the cryptocurrency, and they need to learn about patience. Once the price starts to rise, maybe it will reach as the price in the last year. So like above me said, we need to prepare ourselves from any situations even for the worst that might comes later.

GWS My Boy

full member

Activity: 600

Merit: 100

SAPG Pre-Sale Live on Uniswap!

so the price of the cryptocurrency is very volatile, if my experience is sure the price will rise higher when the coins we sell must feel lost after that, but you must pay attention to your selling feeling if it is profitable and enough then do not feel loss because of nobody want big profits to last a long time until it's really a lot of profit.

Gasolindance

member

Activity: 280

Merit: 10

yamzu

Yes, agree with you. 2018 was so hard for many members of cryptocurrency and I really think that next year would be much better and we can see it now.

Ruffian1314

copper member

Activity: 322

Merit: 0

I think most of the small players has a huge losses this year. Its really hard to compete with whales who have enough funds to manipulate the market and they are really smart and have the data compare to small players who don't have enough resources and only uses its guts. Hope that this is lesson learned for us.

doycku

full member

Activity: 560

Merit: 100

Quote from: Screamshot on December 25, 2018, 06:55:23 AM

You should have a good foresight when you ate involved in cryptocurrency space the bearish market is strong this year and the best motion to take is to convert so altcoin you do not believe in to a more established coin then after the bull comes you can purchase them again that's If they are worth it

Of course, it is very good if the cryptocurrency user quickly responded to the fall in the cryptocurrency market and sold its assets in the early summer of 2018. Of course, good coins can be bought today at a significantly lower price.

Screamshot

jr. member

Activity: 140

Merit: 2

FUTURE OF SECURITY TOKENS

You should have a good foresight when you ate involved in cryptocurrency space the bearish market is strong this year and the best motion to take is to convert so altcoin you do not believe in to a more established coin then after the bull comes you can purchase them again that's If they are worth it

Nivia1st

full member

Activity: 821

Merit: 100

Volare.network

maybe this year is bad but this isn't the worst. there are still more terrible things next year. so prepare yourself, if Bakkt and EFT fail. maybe the market will be destroyed and no more people want to buy crypto on the market.

DeKingCrypto

full member

Activity: 518

Merit: 124

Honestly this is the worse year ever to me and in fact also to the entire cryptocurrency world. I believe and hope that next year will be a better year.

popolite11

sr. member

Activity: 882

Merit: 250

Quote from: grifinmch on December 21, 2018, 11:05:41 PM

I think not only you who feel this is a bad year. Crypto fell enough in and of course, it becomes a bad thing for new traders who entered when the market is good and look for results. I think it should be more patient in crypto when things in such a condition in order to be with the purpose of waiting for results for the long term.

Even the specialists that have been working in the cryptocurrencies industry for years call 2018 the worst year for all altcoins and Bitcoin as well. I have a great hope that nothing like that will be repeated in 2019.

Topic: Worst year of trading for me damn - page 6. (Read 3717 times)