The Ordeal Of Taking Profit At The Right Time

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The seed of experience is bitter, but its fruit is always sweet. The school of life is always from the normal school. The school of life will give you lessons to learn. and it will only take a wise person to make use of it judiciously. In school, No matter how tough a teacher might be, he/she will never give us an exam without teaching us, but life doesn't care, life will give you an exam before you learn and those experiences we gained during those moments will bring out the best in us.

Most times life will deal with us and we began to ask, is life fair? In my thought, life will not always be fair, We have to face our battles before we can overcome them. There's no gold without a burning furnace, so we'll pass through some tough experiences in life for us to gain more knowledge.

There are some experiences we do learn from reading a book too and it is because those people who wrote the book have passed through some experiences before they were able to put what they learned into writing. So I'll say, experience is always the best teacher even when you learn the hard way. During this moment of experience, We don't have to blame ourselves for the mistake/failure we encountered, we just have to learn from it because we can't turn back the hands of a clock, moving on is the only option.

Years back, I passed through some experiences and I blamed myself for the mistake I made, but as time goes on, I stopped blaming myself, I used it as an opportunity to learn more. I will share just one of my experiences.

There was a time I bought some altcoins and I kept them in my wallet, waiting for it to moon. One thing to know about the majority of these coins is that when they increase, they will increase massively and when it decreases, it gonna drop drastically, but then I did what I did out of ignorance. In the process of keeping them in my wallet, one out of them mooned and I took my profit, but the next one was a bitter experience for me. Another coin mooned massively but I left it there, thinking it will keep on increasing, but it came to a day that the coin dropped drastically, (oops! you're thinking I'm greedy..lol), it all happened because I don't know more about it then, though I'm still learning till now.

I began to blame myself, I feel pained and I wish it never happened, I wish I had taken my profit at the right time, as a teenager then I cried out my eyes because the profit was huge... hehe, but ever since then, I have learned to know when to take my profit at the right time. Most time, I do share my experience with people in other not to make the same mistake. Everything in life needs experience, that is why we do see people asking for an experienced person whenever we are hunting for a job because they believe that someone who has experience is better than someone who doesn't.


Thanks for stopping by
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17 comments
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You arenot alone inthis,this has happened to me countless times and unfortunately it can't be avoided, because we do not know the top or bottom of a coin, so what i do now is set a targetand when it reacch that, i sell not caring if it goes up more or not....

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The strategy you applied to it is what i used I used for others, cause it's better rather than losing all.
That was not the first time I experienced it, but the last one I experienced really pained me...Swore never to make it happen again.
Thanks for stopping by.

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Thanks neoxian City for your support , feels good to see you around.

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Oh, I have met teachers that give exams without teaching anything. But that's on a lighter mood.

I am surprised you were already into crypto as a teenager. How did you even get there? Haha... I guess it served you a lot of good because you learned lessons much earlier, and not you just be a bad-ass at it.

I love your Thumbnail. Great work there.

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Oh, I have met teachers that give exams without teaching anything. But that's on a lighter mood

For real!! but I'm sure it's not gonna be easy to solve the question, and majority much not even get it right....but does teacher gave you any idea that relate with the exam??

I got into a crypto through a friend of mine, although he's older than me, and I'm grateful to God for the opportunity, even though the person is no more into the system now....but I keep trying my best with it.

Awnnn, thanks for your kind words ans the compliment, it's nice to see you stopping by.

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It happens that all they'd give are just books to read. That's all.

You're doing very well for yourself.

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(Edited)

Hmmm, without them touching it? I have not experience it before, maybe I'll experience it one day..I never can tell, but I don't want to..lol

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I've been in a similar situation, though with a slight difference but it hurt me for days.
What doesn't kill us makes us stronger and it made me wiser.
Never again will something like that happen on my watch.

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Yeah, it's painful but I was able to learn for future purpose...
Good that you learned from it and it will make you more wiser and stronger..
I appreciate your contribution.

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Crypto experience is not usually funny for beginners like us. I remember those my early days in crypto, I made silly mistakes but I learned from my experience.. although we can't know it all here but then waiting for so much profit might make one devastated at the end. Good that u are learning from your experience

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Yeah, we can't know it all, the more we stay in the system, the better we become..

Thanks for taking your time to stop by🥰

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Every trader or owner mostly makes the mistake of not taking profit when they should, it's mostly greed.

@tipu curate 5

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Majority of people fall into the trap Nd that will be a lost on their side....In my own case, it was ignorance that dealt with me.

Thanks for your contribution, I appreciate you for the support.

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