Post
Topic
Board Trading Discussion
Re: What's the worst trading decision you've ever made?
by
Oilacris
on 14/02/2018, 17:05:14 UTC
We always hear people posting about their awesome trades and/or gains but very rarely hear about the stupid things that people do. With that in mind, let's hear the biggest brainfarts you've had while trading crypto...
My biggest mistake yet was when I invested in an ico, the price went down and I kept holding my coins, I believed in the project but I was afraid to invest more in it since the price went below the ico levels, now some months after, the coin is back at ico levels, if I had invested back then I could be in profits already instead of barely making any money.

Sometimes i feel the same too. When some of my ico coins that i bought suddenly deep. There is always a feeling that i need to buy more because it's too cheap but i'm also afraid that it will not increase in it's price. Now, when i believe in the project i will buy more at low price. We can't win or profit if we are afraid that our money will be gone.
Lesson learned, this is one of the things I will do in the future, but right now I cannot do that since I'm not holding a lot of coins and the only one that is down is bitcoin, I could use fiat to buy it but I'm short of money, so I have no option but to hold and let go of this golden opportunity, however once the price recovers I will begin to look for cheap alts once again.
Most of us would really have that kind of hesitation on which we are afraid specially on the very first time we bought our altcoins.The feeling of pump is there which is it somehow caused by intuition together with analysis that it will pump soon but the hesitation is there. If you are a risk taker then most probably you will end up on buying even more when the price is on dip its our choice if price goes as expected then cherish the profits you have made.