Hi there, i know it's been a while since my last post, i miss you my steemit friends :)
Yes, the title is scary, right :( , two weeks ago i invested 500 dollars in chaincoin at a 0.5 dollar price, i was very happy because it reached 6 dollars, then i decided to invest an other 2k when it fail to 4 dollars thinking that it will go up again, it continued falling and falling !
Then my stupid mind told me to sell because i was scared when it was at 0.45 dollars, i lost 2k but i learned a lot, this is what you should avoid so you don't lose like i did :
1/ Withdraw your money aka sell when you make a big return or ROI.
2/ Don't be greedy and buy at the top.
3/ Don't panic sell like i did.
I learned a lot from my mistakes, i wanna make up for my losses :) I hope I can , thank you guys for reading, love you :D
Your friend, Laila.
You should never trade purely on emotions. Panic selling is how people like me make money on the market. https://steemit.com/bitcoin/@hotsauceislethal/bitcoin-price-forecast-7-25-2017
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Thanks
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That sucks... But it happens. At least you learned that lesson now and not later when you invest 10k
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Yes, that's the lesson, now i will be carefull
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good lessons to learn, sadly those are the ones that can only truly be learned the hard way, i invested in steem at 80 cent many months ago and it hit 2.75, i made like 13,000 and then didn't sell or do anything, just watched it fall. now I'm out and just hodling bitcoin for the most part.
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Oh damn, it sucks but i think steem will go back up
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I'm really excited for the basic attention token though, so i'm in that,and waiting for the mcaffe coin ico to come out in a month or so
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That's awesome
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Thanks for the valuable lesson
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Ya welcome XD
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Yea the lesson has to be learned by pretty much everyone so don't feel too bad, also when you have some profit you could put a stop to protect your profits.
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Yes, thank you for your advice
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A lot of us have lost during the recent blood bath. I hope you're staying positive and slowly growing back. I finally am back up a little bit after being slaughtered by the red wedding. It's going to be a slow road back up, but with the new lessons learned this won't happen again. Glad to see others trying to bounce back also.
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Yes thank u, i hope i can recover :D
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If you have watched HighOnCoin, he always tells you to hodle. I'm sorry about your loss, I think most of us that trade crypto currencies have been on a similar boat at some point in time...
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Good lessons, expensive.... but good lessons.
Thanks for sharing Laila
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