A piece of an advice - page 3. | Bitcointalksearch.org

Serco

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Quote from: efxtrader on December 03, 2019, 07:03:43 AM

Quote from: FireBallex on December 02, 2019, 02:16:36 PM

Because a coin drops 84% doesn't mean it can't drop another 85%, trailed by one more 81%

DYOR, contribute, hold, take benefit, sell, Do whatever you wanna do however never "indiscriminately hold" since somebody said as much!

Your cash, your duty

Agree, coins that have fallen in price by 85% from the initial price can still go down again if there is no action from the developer team. Things like this often happen in the market, people think that when prices fall 85% is the right time to buy, even though the price may go down deeper and I agree that we should research first before buying coins or tokens

lower price not always be best position to start buying . it have several reason why coins keep drop sharply. We have to make sure what actually happen in this coins, did investor leave this due the dev team could not improve their development or just caused by market sentiment that crashing now. Its really tempted us when isee coins drop 85% , our telling tell it is best moment to buy and hope price will bounce again.

Patrix_1

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Everybody has the right to choose, especially when it goes into investment. Somebody is happy with a bit of profit made, somebody is waiting for x5. Think twice before making such a decision, but you will learn only from your own mistakes.

efxtrader

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Quote from: FireBallex on December 02, 2019, 02:16:36 PM

Because a coin drops 84% doesn't mean it can't drop another 85%, trailed by one more 81%

DYOR, contribute, hold, take benefit, sell, Do whatever you wanna do however never "indiscriminately hold" since somebody said as much!

Your cash, your duty

Agree, coins that have fallen in price by 85% from the initial price can still go down again if there is no action from the developer team. Things like this often happen in the market, people think that when prices fall 85% is the right time to buy, even though the price may go down deeper and I agree that we should research first before buying coins or tokens

siupang2

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Also don't always listen to the news, sometimes they make us feel 'this is the time', but the reality is don't. If you don't have your decision in the future you will doomed by others, and also you will fooled by other people cuz you don't have your decision.

Anonylz

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In my opinion, hold when you feel it is necessary and sell when the opportunity present it self, sometimes holding blindly without a purpose is a waste, at the end you will be the one to regret or probably be glad for whatever decision you decide to take, nobody can predict the market, sometimes holding can be beneficial but most times it can result to a loss,
i have some alts i regret not selling when i had the chance, now their value is so low it is worthless, i had the opportunity to sell but i didn't, well part of my crypto experience.

ragavancoin

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Think and decide smartly once gone is gone forever. Nobody can predict what happens in future it might increase or decrease 100%.

Holding or selling its in your hand be wise. If you experience only you will come to know. Everyone can suggest you but do your own research and act accordingly. Your money it's your responsibility.

Nadziratel

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Quote from: FireBallex on December 02, 2019, 02:16:36 PM

Because a coin drops 84% doesn't mean it can't drop another 85%, trailed by one more 81%

DYOR, contribute, hold, take benefit, sell, Do whatever you wanna do however never "indiscriminately hold" since somebody said as much!

Your cash, your duty

We see advice like this every day in the forum. We see many suggestions like piece by piece or as a whole. But the psychological factors in the market always prevail over these suggestions.

For example, if 3-5 people (especially trustworthy members) write here and say that XXX coins will increase by 100%, purchases begin immediately if they are small. Even those who say DYOR will buy it. How do I know? You remember McAfee

infarterr

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Quote from: chunnu39 on December 02, 2019, 11:40:25 PM

hold reputed coin i.e btc eth if you want save investment but do your proper research before investment after all loss is your and profit too.

Holding famous coins, of course there must be strong research and analysis, because if you only hold coins without research on market conditions, it will be a waste of time, this is what we must pay attention to before investing.

Bekuciwu9

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Quote from: FireBallex on December 02, 2019, 02:16:36 PM

Because a coin drops 84% doesn't mean it can't drop another 85%, trailed by one more 81%

DYOR, contribute, hold, take benefit, sell, Do whatever you wanna do however never "indiscriminately hold" since somebody said as much!

Your cash, your duty

That's true, I lost a lot of money by thinking that some token I hold cant go any lower, while there is always room for more loss. It is hard thing to sell with loss, but after some time you get used to it.

Ducky1

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No one can give you guarantees that the price of a coin will not fall in the near future, it all depends on what strategy you follow.

starblocks

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If a particular asset in your portfolio isn't performing well then the general rule of thumb is to investigate as to why this is such as analysis technicals and fundamentals or simply talking to the project team themselves and also evaluating the market to see if there's enough interest to make it worth your while and don't be afraid to diversify into another better performing asset

Baby Dragon

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Quote from: Pamadar on December 03, 2019, 02:30:55 AM

Your money, your obligation to take care. There's a lots of different opinions but in the end it should be your own understanding that will be followed.
Your knowledge in reading the situations is the one that will fits you to sell or to continue holding your assets. Every position will be in your hands,
how the outcome will take will relied to how you manifested your skills to this market.

Indeed, because you are the only one who's allowed to make choices on your money and if your actions and decisions doesn't turn out good then accept it. Learn from your lesson and move on so you can avoid doing the same mistake, if it turns out great then that's amazing because you know that you have applied what you have learn. Sometimes we don't have other people's thoughts because sometimes they are just making things so complicated and we are avoiding it particularly when you are about to do an action, it can either lead into positive or negative outcomes. It is true that it can have a huge impact on you and on your funds but choose what's the best for you, don't take risk without thinking the result of it and if you messed up then suffer the consequences.

crwth

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It means people are still learning if they get stopped out or lose a lot of money. I think everyone would experience this, but it shouldn't be a hindrance towards what you can achieve. It's all about gaining experience and making sure that you know what you are doing. It's not just about trading, but it could be decisions in life as well. It doesn't mean it can't get better or the other way around. All in all, the one responsible for your results is yourself if you let it be.

Quote from: FireBallex on December 02, 2019, 02:16:36 PM

Because a coin drops 84% doesn't mean it can't drop another 85%, trailed by one more 81%

This type of mindset is common and is what people normally think:

It couldn't get lower than that.
It could still go higher

The mind is what kills us emotionally and mentally.

anume123

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Those coins that dropped it better to invest and buy a lot of them to start holding some coins will have a potential to grow up somehow it can cause a huge amount of money to prevent some profit.

Potent

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Quote from: chunnu39 on December 02, 2019, 11:40:25 PM

hold reputed coin i.e btc eth if you want save investment but do your proper research before investment after all loss is your and profit too.

Every new Bitcoin purchase you make, is an investment for 2-3 years down the road. Never for the short term. ALWAYS long term. Don't try to trade if you are new into the space, you will more or less always lose, and it will just become a gamble. I would recommend you buy and hodl and dollar cost average in. Basically, buy as much as you can each month and put it aside.

zhekinsp

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Quote from: FireBallex on December 02, 2019, 02:16:36 PM

Because a coin drops 84% doesn't mean it can't drop another 85%, trailed by one more 81%

DYOR, contribute, hold, take benefit, sell, Do whatever you wanna do however never "indiscriminately hold" since somebody said as much!

Your cash, your duty

Have hope on potential not on the prices.Fundamental is more important for a holder if you concentrate on prices better be a trader and make something when there is an opportuity.

Pamadar

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Your money, your obligation to take care. There's a lots of different opinions but in the end it should be your own understanding that will be followed.
Your knowledge in reading the situations is the one that will fits you to sell or to continue holding your assets. Every position will be in your hands,
how the outcome will take will relied to how you manifested your skills to this market.

albrots

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Activity: 534

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All choices are in our own hands. We can determine. Want to sell, buy, Hodl or whatever your full responsibility. Investing in crypto must be patient and learn to train mentally, Not fully investing is profitable. Don't trust other people too much that this investment will benefit you 100%.

joshua123

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Trading is something very risky you know right? OP advice is really true but also some newbie here dont learn at all. Dont trust cause someone say it will give you a high percentage of profit. Hodl is a term frequently used in trading but the fact that this is still a sick word for some investors due to negative and red color of their asset. If I were you pick a target then if not hit by that time, sell dont wait for the value depleted even more.

anjiitem

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Quote from: tenakha on December 02, 2019, 04:24:53 PM

The money is yours, the choice is yours. By investing this in the "blind" research of others you take big risks or by doing your own research you take smarter risks. Almost everything in the community is paid, why should someone share with you the research that he has done for months for free? There are members like this around, but as they mix among other noobs, it is hard to choose. It is best to bear the consequences of your own mistakes.

That's right. Sometimes we also have to be careless about other people, we do our own research on the decisions we will make later, but sometimes we need advice from some people not to be made a choice but we make it as a comparison between the coins we will choose with advice from that person do we think the coins we have observed are far more potential than those suggested by others.

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