Hi guys,
For those who are familiar with the Not coin tap tap game, I made two mistake which have made me loss good amount of money.
First mistake
I got introduced to the game early, like 2 to 3 weeks after the game was first launched, I ignored it seeing it as something more of a child's play,, I watched the number of players increased from almost zero to millions, I started to pick interest but still did not make up my mind to join, later on, I signed up but never played the game until about two weeks to launch, I started playing later on, I was able to earn around 7,500 Notcoins in total.
Second mistake
After the launch, I withdrew my 7,500 Notcoins to bybit, I watch the price rise to $0.012 but didn't sell, I was waiting for a higher price, eventually, price started to fall and it got to a point, I could no longer bear, I sold it all at around 0.004 for around $40 usdt, and like 4 to 5 days after selling, the price of Notcoin began to rise again, and today it's currently at $0.0226 per coin, my 7,500 Notcoin would have worth $170 now, but I gave it away for $40.
What a shame on me.. 🥺
Why did you think about the days you sold the NOT coin op? Did you think that its market price would continue to fall? or you panicked, so you immediately sold it at a loss. Don't you know that karmihan here, who are used to that style of behavior of cryptos, is that when the price value drops, they take advantage of the price to buy at a cheap price, and the price capital amount that they allocate is just fine to lose to them.
Even I do the same thing, and when it was listed on Binance, I also bought NOT at a price of 0.012$ each. Then, when it was listed on the exchange, it dropped to 0.004$ and 0.005$, and instead of worrying me, I bought even more at this low price because I knew that was their strategy, and now that it has gone up, I am a pro, and at the same time, I still have holdings for now.