Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Domithra on November 10, 2018, 01:19:39 AM
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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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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.
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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.
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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)
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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
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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.
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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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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.
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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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the common crypto experience is about invest a coin and trade in trading site.
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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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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.
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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.
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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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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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This is usually the case, but there are some tokens that need to be sold even at the lowest price, because then they may simply depreciate or the project will simply die, with me this happened many times.
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Agree that's the common crypto experience, impatience people sell their valuable coins and regret later and also buying with a higher price while the coin is going to dip this is a common experience here in crypto.
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Fully agree with you my friend. I think your advice will help newcomers who are going to invest in any coin. I used to make this mistake myself when the market was red I started selling everything and was losing a lot of money.
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It is good to wait and hold your coins. We need a lot of patience in holding our coins.
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the common crypto experience is search a good coin and hold for the longterm.
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Maybe your experience is the same as mine, but if we study wisely, maybe there are some people selling when the market rises because they need money, or they need something else, but sometimes there are also those who regret me like this
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My experience in Cryptocurrency when I newly joined crypto has shaped the way I reading and act.
I used to react on impulse by selling my counselor at a miserable rate because of some unfounded rumours.
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I always advise that patience is the key to success. It's best to hold your coins in the Market condition. Don't panic sell
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Ironically, at least for now, I think anyone selling anything in the first half of this year is quietly satisfied with not losing 50%+ value of nearly every coin of token. But obviously this is only for now, without re-investing profits at lower levels, people miss even greater gains in the future.
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Yes, this is my very bad experience. When I have a coin and sell it at a very cheap price. If I am patient and continue to wait, of course, I will not suffer losses. And you must always believe that the price of coins will surely recover.
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And after that the coin is directly Dump and you think while saying "fortunately I have sold the price of the coin, if it is not possible I can lose".
We also thank God in the cryptocurrency so that we are not on the radar of the word "greedy".
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Maybe so but maybe not. So far Kripto is always in a red market and there are no good signs for Bullrun or at least going back up. But we just wait for the future. Crypto will be maximal and will be able to raise prices again.
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in the world of cryptocurrency we can learn to be more patient and careful in making a decision because it will relate to our crypto assets. if we cannot be patient and make the wrong decision then we can get a big loss.
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There seems to be no bad experience that I experienced except seeing the crypto market coming down. So I add crypto sales to a high crypto price. And I got a big profit that I got from making the sale.
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panic selling is the wrong thing and will make us get the bigger losses. we must be more patient in facing the unstable crypto market. it would be better if we hold the coins that we had until the crypto market recovered and stabilized.
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If I am patient and continue to wait, of course, I will not suffer losses. And you must always believe that the price of coins will definitely recover. This is my very bad experience. When I have a coin and sell it at a very cheap price.
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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.
My common crypto-currency experience was thrilling, fun and challenging and losing is part of the crypto-game so everyone must aware of it before he/she ventured into crypto-industry.
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If you study the market, for Example, bitcoin charts, the statement that the market is always restored correctly, but not all coins return to their old price, and if they return, then it will have to wait perhaps a very long time. How long are you ready to wait: a year, two, three ???
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Yes, you are right friend. Many people should experience buying in high prices and selling in cheap prices. Both cases are normal to do by investors or traders in crypto world because the market always fluctuates every time. I also ever did those cases, but I am not regretting it.
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The common mistakes is a serious and important lesson to be learn from mistakes and not from theory. Big difference between actual scenario and theory. Facts will form/shapes our future destination but theory will remain theory in case we wouldn't try. Regrets happen but it is manageable if not leaving crypto at early stage.
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For the experience that I experienced some of the end was a disappointment when selling the Coins that I have. Ie I made a sale when the Crypto price dropped and it made me inevitable losses. That is my disappointment.
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I think the most common Cryptocurrency experience is buying a coin when it dips thinking that is the lowest dip not knowing that major dip is by the corner.
Again, selling at a miserable price only for the price of the coin to reach all time high immediately you have sold.
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Yes family you all are right, this is the common crypto experience buying when you think the price is low not knowing that it will come down more than that, sometimes is when you finish selling what you have because of fear you see the price recovering back.
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If we are impatient and make the wrong decision then we can get a big loss. In the world of cryptocurrency we can learn to be more patient and careful in making decisions because it will relate to our crypto assets.