Quote from: supermine on June 03, 2018, 05:36:55 AM

Quote from: udayantha11 on June 03, 2018, 04:17:44 AM

Dear Members

Recently I faced a bad luck. here the story

I got IOTX from GATE .io 28th of may 196000 @ .00004600 ETH. Then after one or two hour i sold it to @ .00004800.

After 3 days means June 1st , one IOTX went to .00014ETH.

if i sell June 1st 196000 * .00014 *590 = 16189$
Investment is = 5300$
so i have lost = 10800$

so in this story if i could wait 3 days , i have profit of 10000 USD. so in this case i am saying please be patient. wait wait. good coins always give a good reward to you

I don't think you lost your money here,all you did is lost the profits if you can hold it more but you still made profits with your investment.First of all you need to contented with your earnings and don't be too greedy because mostly greed will tend to lose more.But think can be a good lesson for you to hold more but no one knows that when the price will increase or decrease so it will be better to aim small profits.

Yes he actually did not lose his money, rather he lost an opportunity to maximize profit and I want to believe poor timing was the culprit because knowing to choose a right coin to buy just before it get pumped, shows good research and analysis. I think what OP needs, is to enhance and fine tune his exit strategy = suggest the use of a combo of RSI and Bollinger bands to get some clearer pictures of an overbought market about to reverse and he will be on his way to picking up all those money, he has been leaving on the table.