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.

If I may add (sorry if this was said before): with any investment, fiat or crypto, it's always a good idea not just to avoid panic, but also diversify your investments. And since crypto is highly volatile it's always a good strategy to invest smaller amount, no matter how promising the project is. If it skyrockets you will still get some profits, and it's never too late to add to the portfolio, even at a higher price.

ETHenthusiast

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