your worst mistake - page 9. | Bitcointalksearch.org

Ziskinberg

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Quote from: kapalmabur on July 18, 2021, 11:02:36 AM

so far my worst mistake is not selling my cryptocurrency assets at the new all time high price,
i really regret it, yes i hold Bitcoin, Ethereum and Binance, all of them went down deep,
and it was terrible to see, more than -50% that I can, I don't know this is a nightmare for me.

The thing is you'll only regret when bitcoin will go down, you didn't sell at peak because of your greediness. Man, it's alright, live with that and learn with your experience, bitcoin is very unpredictable, but if you follow your target, selling should not be the price even if it's lower than the ATH as long as you make a profit.

ReiMomo

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Quote from: bitlihz on May 04, 2021, 08:42:16 AM

I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !

Two worst mistakes I have made were just because of impatience. When my coin (the coin where I invested ) price was not moving up as I expected, I sold all the coins at loss and moved to other coins which was on uptrend which later trended down where again I was in deep loss. This was the biggest mistake I made twice and lost almost $1000 where my principle was $2000.

Never get off in between. Never buy a coin that is already on uptrend. You will certainly be at loss. Always be patient. Later, I have earned much following it.

kapalmabur

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so far my worst mistake is not selling my cryptocurrency assets at the new all time high price,
i really regret it, yes i hold Bitcoin, Ethereum and Binance, all of them went down deep,
and it was terrible to see, more than -50% that I can, I don't know this is a nightmare for me.

Kimonoe

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Activity: 700

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Quote from: Rigon on July 16, 2021, 07:02:53 PM

When I was a beginner in cryptocurrencies trading, then I made a big mistake which always remembered to me because more Than 4000$ lost in my wrong address deposited. First investment money already vained without having little bit knowledge about address checking mistakes.

Of course it will be a regret, because so much money has been lost due to a basic mistake, it can be a lesson for me, to double-check the address to be addressed, because I lost concentration a little and the danger will be threatening and cannot be repaired. Until now I'm still having problems with trading analysis which doesn't seem to have found the right strategy strategi

sherenikaw

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rocket.hashbon.com

The mistake I've made is several times selling my assets too early. In the past after trying to trade I was too hasty in making a decision to sell my assets. I saw the market continuing to plummet and it made me panic. I thought that if I didn't sell it immediately the price would get lower so I sold my asset when the price was going down. I suffered a considerable loss and I had to learn from the mistake that I had made. Don't be too hasty and don't be too greedy to want to quickly get a big profit because it will make us stubborn and easy to panic. That's why right now I'm more careful with my assets because I don't want that to happen again.

Rigon

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When I was a beginner in cryptocurrencies trading, then I made a big mistake which always remembered to me because more Than 4000$ lost in my wrong address deposited. First investment money already vained without having little bit knowledge about address checking mistakes.

MinoRaiola

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Activity: 2310

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It's been a while ... a few years ... but that was still annoying. It's about Bitclub Network: A best known crypto scams and not small. In total, the Bitclub Network Scam was able to collect $ 722 million from investors. At the beginning there were still payouts, but then the own coin came up and it goes downhill quickly. The investing bitcoin were gone.

goldade

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Well, there isn't one professional trader now who didn't make one or two mistakes in the early days but then that's what makes it even better because we sell learnt from our mistakes.
My worst mistake in the first year was not setting stop-loss on a particular trade. I had been maje successful trades before that and I had grown too confident of my ability to make good trading decisions that I ignored stop-loss completely. This was my greatest undoing as this particular trade wiped out equity.
I, however, learnt from it. I started trading again with another capital and since then, I have always set my stop-loss

$crypto$

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Quote from: DarkDays on July 14, 2021, 09:57:15 AM

Quote from: MIner1448 on July 14, 2021, 07:54:28 AM

My mistake was that I did not always follow the course of the cryptocurrency, I behaved carelessly, ignoring the bull market, I could make money on these courses, but I just simply did not pay attention to them. After all this, as a bull market failed, I began to understand that it was possible to make money on it.

Shouldn't be too hard on yourself. Bull markets coming and going are always subtle and unless you're in the market day in day out, you don't really know when's a good time to enter. You're not the only person realising that they could have done more but at least this experience has given you the push for paying attention to crypto markets and if you continue to do so you will not miss the next one Wink

Mistakes can make future experiences come and go bullruns, no one guesses, but when there are opportunities, take advantage of them because they always don't come twice and even have to wait for the bull to reappear, but I think now I know the meaning of mistakes are also the same as thinking about that but they have their respective portions so know that all of this must have a good way after it comes back.

The market is always hard to guess but at least you know what to do and pay attention to the more scalable market.

livingfree

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Quote from: dortheamangum on July 16, 2021, 08:26:10 AM

Not having a clear plan for my trading is the big mistake that I made in my early days. Actually, having a plan for our investment will help to avoid overtrading or undertrading without realizing the risks.

Having a plan will make you follow the correct path.

Having not such will make you trade unusually and you'll get to be near with losses and have it whenever you trade. Determine your plan and strategy as you trade.

And I guess you've already have it.

Fredomago

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Quote from: lepbagong on July 14, 2021, 09:48:13 AM

Quote from: MIner1448 on July 14, 2021, 07:54:28 AM

My mistake was that I did not always follow the course of the cryptocurrency, I behaved carelessly, ignoring the bull market, I could make money on these courses, but I just simply did not pay attention to them. After all this, as a bull market failed, I began to understand that it was possible to make money on it.

the mistakes you make are very good learning for your development, to determine what is the best step, because you have experienced and tried to be able to determine the step at the right time with better results.
there is no need to regret because there is always time to do the same in the future. because the opportunity is always there, even though the current situation is not good, waiting patiently for more profitable actions will always be there.
Of course, what you will do by making money from everything you will do you will definitely be able to repeat it again.

No need to regret but rather taking it into an action that will guide you to much better place, there are times that you'll remembered those past mistakes but if you are keen to continue improving your strategies,

You must always ready to face any failures that might waiting for you within this journey, good things happened to those who are willing to wait and work more harder.

This venue of business gives you opportunities to maximize the benefits.

MIner1448

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My mistake is my impatience to drain coins without analyzing the project or the market in advance. Constantly when I receive awards for various kinds of projects, I do not track at what stage the project and I drain the coins, then after some time they showed growth, it is still necessary to leave some of the coins for a long time, regardless of the project.

dortheamangum

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Not having a clear plan for my trading is the big mistake that I made in my early days. Actually, having a plan for our investment will help to avoid overtrading or undertrading without realizing the risks.

Victorycoin

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If there is no active in the market then it is very difficult to get the information of the market seeing this requires market research the first mistake that can easily get your claim denied is to fail yes we all want to be the next bitcoin millionaire, but if you are not incredibly lucky then you need to create some real life business experience first. You also need a strong investment strategy but you will have to save your whole life and wait for the bull run.

DarkDays

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Quote from: MIner1448 on July 14, 2021, 07:54:28 AM

My mistake was that I did not always follow the course of the cryptocurrency, I behaved carelessly, ignoring the bull market, I could make money on these courses, but I just simply did not pay attention to them. After all this, as a bull market failed, I began to understand that it was possible to make money on it.

Shouldn't be too hard on yourself. Bull markets coming and going are always subtle and unless you're in the market day in day out, you don't really know when's a good time to enter. You're not the only person realising that they could have done more but at least this experience has given you the push for paying attention to crypto markets and if you continue to do so you will not miss the next one Wink

lepbagong

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Quote from: MIner1448 on July 14, 2021, 07:54:28 AM

My mistake was that I did not always follow the course of the cryptocurrency, I behaved carelessly, ignoring the bull market, I could make money on these courses, but I just simply did not pay attention to them. After all this, as a bull market failed, I began to understand that it was possible to make money on it.

the mistakes you make are very good learning for your development, to determine what is the best step, because you have experienced and tried to be able to determine the step at the right time with better results.
there is no need to regret because there is always time to do the same in the future. because the opportunity is always there, even though the current situation is not good, waiting patiently for more profitable actions will always be there.
Of course, what you will do by making money from everything you will do you will definitely be able to repeat it again.

MIner1448

member

Activity: 938

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Tontogether | Save Smart & Win Big

My mistake was that I did not always follow the course of the cryptocurrency, I behaved carelessly, ignoring the bull market, I could make money on these courses, but I just simply did not pay attention to them. After all this, as a bull market failed, I began to understand that it was possible to make money on it.

Xampeuu

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Quote from: Golftech on July 05, 2021, 05:15:28 PM

Quote from: Rajamuda on July 01, 2021, 11:16:16 PM

Accepted risks or mistakes, of course are often experienced, but from there.. of course we can correct what has been experienced. The point is that we can make experience the key to success in trading. Well, I've had a bad experience when I didn't know more detail the development of market prices in detail until I felt a little regret, but from there.. knowledge or trading experience increases and I can correct the mistakes that has been experienced.

You can correct if you are taking things seriously, the very reason how experienced

traders got their edge against newcomers, they can handle the pressure correctly and

they can work it out and adjust each time they've made their investment. It takes time

and focus to learn how to handle each market movements to find the best way to favor

your side.

right, the process of becoming a pro trader is not easy, especially in maintaining the emotions that are within us. time and time again we make plans and time and time again we are inconsistent. I think it's natural because it's human nature, and experiences like that make us think to keep growing, so that we become successful traders who are consistent

Golftech

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Quote from: Rajamuda on July 01, 2021, 11:16:16 PM

Accepted risks or mistakes, of course are often experienced, but from there.. of course we can correct what has been experienced. The point is that we can make experience the key to success in trading. Well, I've had a bad experience when I didn't know more detail the development of market prices in detail until I felt a little regret, but from there.. knowledge or trading experience increases and I can correct the mistakes that has been experienced.

You can correct if you are taking things seriously, the very reason how experienced

traders got their edge against newcomers, they can handle the pressure correctly and

they can work it out and adjust each time they've made their investment. It takes time

and focus to learn how to handle each market movements to find the best way to favor

your side.

South Park

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Quote from: Questat on July 01, 2021, 03:49:39 PM

Quote from: South Park on July 01, 2021, 03:37:01 PM

Quote from: dmamigo on June 30, 2021, 02:29:17 PM

I made a lot of mistakes but the worst two was not buying Bitcoin when it was $200 because I just entered the crypto industry with no understanding but still, I feel pathetic now and then selling half a Bitcoin way earlier due to some personal reasons, few of them was essential and necessary but few were not immediately required. So, I do feel bad for these reasons and I consider them as a mistake and a worst one.

I do not think that not buying at the time when bitcoin was at 200 dollars for each coin was a mistake, after all you say that you just entered the industry and you simply did not had the knowledge to be able to hold those coins no matter what, it only seems a mistake in hindsight now that we have seen the price of bitcoin reaching such high prices, in fact many people back then were pessimistic and did not believe that bitcoin could reach 1k, which shows that many things have certainly changed since then.

We are always concerned about the risk, and because investing in bitcoin is a high risk, only a few would really take the risk, hence only a few got rewarded for the success of bitcoin. We cannot say "what if I bought in the past?", that's a mistake, you are thinking of the past when there's an opportunity now, just move on, accept the mistake and correct it now, bitcoin may have reached $60k already but it's not the ATH forever.

I agree with this, there is nothing to do, those prices are never going to appear again and we need to deal with it, however the price is still attractive, it is many times higher than that but we can basically get bitcoin for a 50% discount which is great, after all while the correction that we saw was to be expected at the same time it did not seemed like a top which to me means only one thing, the top of this bull run is yet to be reached and we will see it once the whales finally get all the coins they want at the current prices.

Topic: your worst mistake - page 9. (Read 3578 times)