Quote from: Ailmand on May 04, 2018, 07:24:12 PM

Quote from: reganvegan on January 09, 2018, 09:16:56 AM

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...

I think for me it's quite easy. Trade-out prematurely or selling in panic, especially during the times when the market and its assets are falling down, and I didn't know then that it will soon rise up again after a few months. Since I don't want to endanger my investment and capital more and thinking that I would only suffer lesser loss, I got rid of my assets that would rise up after a couple of months. I regretted that very much then, but I got over it. After all, I can't do anything to get it back but to learn from it.

Panic selling is one of the most common worst trading decision everyone has ever made and I'm not exempted from it. I've also been into that point of my life where I was so impulsive and not thinking of other possibilities. In consideration, it's also the inappropriate timing of when, how, where, and why to trade. It's depressing and exhausting. There are a lot to mention with regard to this issue, but I don't think dwelling too much on this situation can help us grow. What is important is we learn from that experience, move on and not to do the same mistakes again.