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Author Topic: The common crypto experience  (Read 4081 times)

Offline Domithra

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The common crypto experience
« on: November 10, 2018, 01:19:39 AM »
One of the common experience in crypto is the selling of a valuable coin at cheap price and regretting later. This stems from the fact that we were impatient at some point in time. It is very necessary to understand the market trend and how the crypto market operates before inesting in order to avoid future panic selling when the market goes down. The market always recovers.
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The common crypto experience
« on: November 10, 2018, 01:19:39 AM »

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Offline Raboni

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Re: The common crypto experience
« Reply #1 on: November 10, 2018, 02:41:30 AM »
Then everybody must hold tightly their potential tokens no matter how bad the market condition is.
Patient is the key to harvest the long time of waiting.

Offline ZionRTZ

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Re: The common crypto experience
« Reply #2 on: November 10, 2018, 07:23:51 AM »
Investing in quality altcoins is the key I guess. The cryptocurrency market as a whole always recovers but that does not mean that all coins or tokens will recover. Some will be dead and left behind. Make sure the altcoin you are is worth it before holding.

Offline Dinid

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Re: The common crypto experience
« Reply #3 on: November 10, 2018, 07:36:52 AM »
You are right, Domitra.
Holders must be patient, shouldn't get panic, fomo and fud ,
and also shouldn't rush to sell their assets. Sell it when on the right time, on the right price.

That's why buyer should only buy crypto using unused funds (cold money)

Offline pelana vreo

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Re: The common crypto experience
« Reply #4 on: November 10, 2018, 09:47:48 AM »
I am also sure that the market will recover soon, waiting is something that requires patience, I will trade to take a little profit and buy at a slightly lower price

Offline muneerashine

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Re: The common crypto experience
« Reply #5 on: November 10, 2018, 09:52:15 AM »
Some people sell out of necessity, as they needed the fiat badly for some personal reasons. Selling before the all time high its painful but my most painful experienced in crypto where I did not sell during the ATH.

Offline ReyXchanger4

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Re: The common crypto experience
« Reply #6 on: November 10, 2018, 12:16:34 PM »
Yes it is true what you say, my experience when doing Crypto trading really made me depressed when I saw the price fall and the funds I had decreased, and at this point I always felt I had to sell the assets that I had at cheap prices because of panic, but after I learned from failures in the past, then I am currently more patient if I want to open order, I do not want to hurry when in trading

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Re: The common crypto experience
« Reply #6 on: November 10, 2018, 12:16:34 PM »


Online Zed0X

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Re: The common crypto experience
« Reply #7 on: November 10, 2018, 01:59:06 PM »
I experienced this before and it felt really bad. Luckily, I was able to recover some of my losses in trading other alts.

If we do not want to be in such difficult situations, we have to be knowledgeable in many aspects of cryptocurrency investing. It is better to know when to hold and when to sell. 

Offline pedangrusak

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Re: The common crypto experience
« Reply #8 on: November 10, 2018, 02:19:44 PM »
a lot of general experience in crypto and one of them is greed when having a coin or token, when the price has gone up and it's good we still think we will keep going up and we hold, a few moments later the price falls far and we are surprised
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Offline emanbea1234

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Re: The common crypto experience
« Reply #9 on: November 10, 2018, 02:42:02 PM »
the common crypto experience is about invest a coin and trade in trading site.

Offline xeroz

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Re: The common crypto experience
« Reply #10 on: November 10, 2018, 04:46:19 PM »
Everyone should ever sell valuable coins with cheap prices, it is normal and very possible to happen. No need to regret this condition yet you can learn from this experience. I also ever did it several times, but I never regret it. Yes, I agree if patient is really needed to get the success in investment or trading. But it cannot be applied to all condition. Sometimes, we must sell it because of the need for fiat. 
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Offline Sapp

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Re: The common crypto experience
« Reply #11 on: November 10, 2018, 04:56:25 PM »
When the price has gone up it's good we still think, we will keep going up and we hold, a few moments later the price falls far away and we are surprised. There is a lot of general experience in crypto and one of them is greed when having coins or tokens.

Offline Melon

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Re: The common crypto experience
« Reply #12 on: November 10, 2018, 05:03:30 PM »
Selling before all time is high which is painful but the most painful I experience in crypto is where I don't sell during ATH. Some people sell because of necessity, because they really need fiat for some personal reasons.

Offline Master107

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Re: The common crypto experience
« Reply #13 on: November 10, 2018, 05:11:06 PM »
Regretting is the result of something wrong happened. Potential coin is worth it to hold and worth to sell (in case of emergency). Selling the coin at the low price in order to save someone lives is very worthy, the person who did it must not feel regretful but be thankful. Crypto is important but life is more important.

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Re: The common crypto experience
« Reply #14 on: November 10, 2018, 06:33:38 PM »
One of the common experience in crypto is the selling of a valuable coin at cheap price and regretting later. This stems from the fact that we were impatient at some point in time. It is very necessary to understand the market trend and how the crypto market operates before inesting in order to avoid future panic selling when the market goes down. The market always recovers.

There was a time when I had to sell a token at 70% loss. Was I impatient that time? Maybe. But looking at where that token is now, I am glad I did it. The price never came back from where I sold it, it dropped even further from 50K sats to less than 5K sats. Maybe the price will recover but how long will it take? 

 

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