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Author Topic: A sad story but you can learn something!  (Read 4752 times)

Offline kent47400

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Re: A sad story but you can learn something!
« Reply #60 on: February 06, 2021, 01:17:51 PM »
Everyone must also feel a dark period with cryptocurrency because everyone understands very well how fast it passes for Shitcoin.
Shitcoin is so very easy to create and then so easy to die.
Indeed, we must understand very well how cruel a Shitcoin is, sometimes it can be profitable and sometimes it is detrimental.
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Re: A sad story but you can learn something!
« Reply #60 on: February 06, 2021, 01:17:51 PM »

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Re: A sad story but you can learn something!
« Reply #61 on: February 06, 2021, 07:24:20 PM »
@kent47400 I completely agree with you, that dark part, that bad moment, is what makes us reflect and know what steps we should not take again, to make decisions calmly and not be in a hurry, wanting to do everything quickly and especially the greed are the two worst things that can happen to us.
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Re: A sad story but you can learn something!
« Reply #61 on: February 06, 2021, 07:24:20 PM »

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Offline Ghozrd

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Re: A sad story but you can learn something!
« Reply #62 on: February 06, 2021, 07:34:42 PM »
Oh, I felt all the pain ((I can only guess what kind of depression you had. It's really very difficult. This is a lesson for life, sell tokens from the bounty)
Selling tokens from the bounty is your decision, but if you look at some good projects in 2020 such as DIA, Cartesi, and Ferrum Network, all three of these bounty lists have good token prices on the market, if you sell them today, you will be profitable.
although not all bounty is as fortunate as the project list above, you can do more research before selling tokens from bounties.
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Offline tonymillions84

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Re: A sad story but you can learn something!
« Reply #63 on: February 06, 2021, 08:06:35 PM »
that was the begining of the crypto adoption. i doubt if we will ever such price movement again. the current bull market worth over 1 trillion. many more investors are moving their funds into crypto. i am certain the crypto of recent days will never be like the past where there are huge pump  and dump projects waiting to milk some people off.
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Offline gunhell16

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Re: A sad story but you can learn something!
« Reply #64 on: February 08, 2021, 12:08:59 AM »
I have a friend from Pakistan and express her emotions, you can read & feel the pain ----


"In 2017, When most of shitcoins were at their peaks in BTC pairing,my portfolio was also  high in sky.I had some 64K USD in my bittrex account at that time. 64K USD may seems normal amount for you people but in my country (Pakistan) 64K USD mean you have half of the world's total money. (😅)

I was University student in 2017, I didn't attempted my smester exams saying "Who the hell needs a Degree when you have million of RUPEES in your account."So you can imagine how egoistic my life was getting with every pump in shits'market.I was in fantasy of hitting  million Dollar mark within year.

Then started the Downfall.Every day i started loosing  8% 10% 15%. Every shit coin was dumping like there was not a single buyer in the market. I thought no problem its a normal market pull back for another bullish wave. But that bullish wave never came back. My balance dumped to 5k 6k usd. In despair i sold  all my holdings to pay my university Fees.

What i want you to learn is : Never Hold a shitcoin for to long sell some of your holdings when it hits your least possible target. Atleast sell 40% of your holding at minimum target area. You will never be in trouble if you manage your money like this.

................This really is financial Advice-Follow it for great trading experience.
Regards"

That's a sad thing on your part. I think the majority of the members here encountered the same problems before. I may not like that earned 64k$ but only 28k$ something during 2017, it was a very good year for me and of course, it's my first time to experienced that here in cryptocurrency, I thought it will never stop and will continue until the situation that I didn't expect to happen where the decreasing price of the holding coins I got by that time will rapidly be turned into loss my assets. Where in the end I also learned from it too.
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Offline Quart

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Re: A sad story but you can learn something!
« Reply #65 on: February 08, 2021, 11:50:52 PM »
This was not only a sad story but also a regret story. Well, I am sure that this is also related to how satisfying is being in crypto world. Sometimes we really want to get higher profits but we forget about target and also being too greedy. It may be a problem caused by ourselves

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Re: A sad story but you can learn something!
« Reply #66 on: February 09, 2021, 02:24:30 AM »
For investors like us, this is a big tragedy.  So each of us should learn from it.  The price we expect in the market. If we get that price, we will not hold any more coins in the market.  I will try to sell it immediately.  It is seen that we often face losses in the hope of extra profit.
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Re: A sad story but you can learn something!
« Reply #66 on: February 09, 2021, 02:24:30 AM »


Offline Rafiq

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Re: A sad story but you can learn something!
« Reply #67 on: February 09, 2021, 03:59:19 PM »
This is really a very sad story. After 2016-2017, many more like your friend have this kind of sad story in their lives. I myself am a part of that story, I also had some shitcoins that have no value, many of which have disappeared. In fact, people learn from mistakes; Let us all learn from the mistakes of the past and move forward. I also think that after reaching the minimum target, a part of the holding should be sold.
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Offline zilzylian

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Re: A sad story but you can learn something!
« Reply #68 on: February 09, 2021, 04:29:35 PM »
Hi OP, if you have experience and you hold most of your Bitcoin in 3 years it looks like you will make a big profit, but everyone will definitely learn from that experience to achieve success.
To be honest, I don't have that big of money, but I have made a profit of $1k in 2017 and I once suggested to my friend to buy BNB in 2018 because the price was still under $30 but he never listened to my opinion, and let's see now the price has gone up by more than 200%, we never know when the coin price will go up or down, but if a little bit of patience, we will get a lot of profit from holding the coin for 3 years and that is the result of long waiting.

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Re: A sad story but you can learn something!
« Reply #69 on: February 09, 2021, 05:26:50 PM »
Shitcoin will disappear in time, and this is mandatory knowledge must know, that's why many bounty hunters sell their token immediately and change it to the strong coin because they know it.

My investment never reach 64K, you are lucky in the past. And I hope this year I can reach it
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Offline youdacapt

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Re: A sad story but you can learn something!
« Reply #70 on: February 09, 2021, 11:24:15 PM »
The biggest lessons we can get from unfavorable trading situations is to develop ourselves and repeat same mistakes  over again; it is good to hodl on the long term; the most important feature is that you are hodling a good valuable token; like tron, eos, neo or perhaps underrated stellar

Offline Lutera94

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Re: A sad story but you can learn something!
« Reply #71 on: February 10, 2021, 04:37:30 PM »
Shitcoin will disappear in time, and this is mandatory knowledge must know, that's why many bounty hunters sell their token immediately and change it to the strong coin because they know it.

My investment never reach 64K, you are lucky in the past. And I hope this year I can reach it
I wish you will be able to earn 64k$ once time.first of all, you need to realise what are you doing, many shitcoin you will get from bounty but if you Don't convert to others strong coin then your value of token will be vanished. I think who involved in crypto since 2017, this person cant mistake Again.
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Offline LaZim

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Re: A sad story but you can learn something!
« Reply #72 on: February 10, 2021, 06:51:09 PM »
Hi OP, if you have experience and you hold most of your Bitcoin in 3 years it looks like you will make a big profit, but everyone will definitely learn from that experience to achieve success.
To be honest, I don't have that big of money, but I have made a profit of $1k in 2017 and I once suggested to my friend to buy BNB in 2018 because the price was still under $30 but he never listened to my opinion, and let's see now the price has gone up by more than 200%, we never know when the coin price will go up or down, but if a little bit of patience, we will get a lot of profit from holding the coin for 3 years and that is the result of long waiting.
We always like to look back and regret. No need to be sorry, because it could have happened otherwise. I invested in a lot of coins, which fell by 90%. The investment is always a risk. You can win, and you can lose. The market will sooner or later go to the correction and you need to not miss your chance to buy cheaper than now.

Offline Fakhrulenclix

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Re: A sad story but you can learn something!
« Reply #73 on: February 10, 2021, 11:08:16 PM »
The best teacher is experience, the experience teach us a lot that would be difficult for us to get without going through it first. And because of this case, we all know which one the good way to invest our money.
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Offline Lutera94

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Re: A sad story but you can learn something!
« Reply #74 on: February 11, 2021, 01:45:07 AM »
The best teacher is experience, the experience teach us a lot that would be difficult for us to get without going through it first. And because of this case, we all know which one the good way to invest our money.
No doubt about your opinion. We can learn when we fall a great mistake. Then we can alert our past fault, so experience gives us a good guidelines. My opinion is in this pump market that withdraw some portfolio from your invested coin. It is safe & cool.
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