Advice for those who are in a minus and a loss. DON'T SELL!

alyssa85

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Quote from: h0lybyte on February 06, 2018, 04:11:00 AM

That is what i have also experienced personally in past years, the cryptochrrency market is absolutely occuring in cycles, i agree 100% with your post. A real trader knows how to deal during these down trends occurrrence, however i doubt newbies or less knowledge keeping people will lose their coins by panic selling

The past is not a guide to the future though.

Your advice is similar to the advice given to people in the 1992-2000 bull run in stocks. Buy the dips was the conventional wisdom. Till the trend broke.

It's the same with the bond market. From 2000 to 2018, bond prices rose and rose as interest rates ground downwards. And suddenly, just like that, the trend turned.

Be hyper alert for the trend turning, don't just assume that things will be like they were.

cheezcarls

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Looking for gigs

That's what I was doing (except if it's pure profit from airdrops and bounty programs). I have TRX bought at $0.17, but now it's stabilizing at $0.04 to $0.05. I am here for the long run because I know one day it will grow. It is a very good motivational statement you have there, and I thank you for that.

We just have to keep #HODLing on and diversify our options to sustain ourselves on a day-to-day basis.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: OrangeSeller on February 16, 2018, 09:08:44 AM

learnt my lessons few years back as an investor that as long as you are holding a good coin and you believe in it, then hold. They will always do fine in the long run and you will be so surprise the level they will get than when you sell them.

Sometimes its just better to sell them at short term. Not every ICO is going to be the next ethereum and not every ICO is going to be legit. Hence I would sell those which I am not comfortable with in short term. Again this is dependent on the investors mentality and some people love to hodl for long term watching their money grow.

Quote

Unless you are a trader who will always be monitoring the charts and obviously would have sold at the top and buy back at dip, there is no need to worry as an investor. The market will recover, even get better than before and you will be smiling.

Once a day checking of charts works for me. I dont want to be a robot preying on every dip and rise. For ordinary people who have trading a hobby it not possible to do this everyday.

super5star

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Quote from: Siopao on February 06, 2018, 04:22:39 AM

It's really hard to look at the value of bitcoin right now. But Im still holding my btc, I still believe that btc will recover from the fall. Well we can't tell anyone what to do with their investment (to hold or to sell) it is still anyone's own decision. But as for me I will still wait for the high value.

If you cannot control the emotions, it is always best to just get yourself occupied, stay away from the charts for a while and then probably just take some time to keep reading the news to know what is going on. One thing you should always know as an investor is that bitcoin is not dead; we still have a lot ahead of us, new heights, new levels, better development and so on. The worst days are always there to strengthen the best days ahead.

bitgolden

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Quote from: Alex_nutis on February 06, 2018, 03:22:45 AM

If you are in the minuses, you have your own, and not borrowed money, you do not have a shoulder and you believe in the future of the crypts - just cross this fall. You lost the time, but did not lose the game. Forget the time for the market. Loss you will appear exactly when you fix it. Now you are just an investor. For you it's a good time to step aside and think with a sober glance at where you made the flaws. The market is cyclical. Believe my experience. After the falls there is only one way - growth. It can be long or fast, painful or enchanting. But in any case, to the right. If you believe in what you have invested in, wait and do not be nervous.

Nice one seeing some post like this popping up to give the newbies some hope. There is nothing that is happening now that has never happened before. At the end of it all, those who hold even in the dips are always the ones who usually enjoy the benefits the most.

All hope is not lost, it is a market, it will rise and fall, but that does not remove the fact that blockchain technology, bitcoin and some other altcoins with good projects are here to stay. So at the end, HOLDers always win.

lucy1215

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Quote from: Alex_nutis on February 06, 2018, 03:22:45 AM

If you are in the minuses, you have your own, and not borrowed money, you do not have a shoulder and you believe in the future of the crypts - just cross this fall. You lost the time, but did not lose the game. Forget the time for the market. Loss you will appear exactly when you fix it. Now you are just an investor. For you it's a good time to step aside and think with a sober glance at where you made the flaws. The market is cyclical. Believe my experience. After the falls there is only one way - growth. It can be long or fast, painful or enchanting. But in any case, to the right. If you believe in what you have invested in, wait and do not be nervous.

Just apply the general rule sell only at high cost. Based on experience it is really stressful seeing our investments at loss thats why i do keep holding and wait till my investments earn enough before i would panic selling. Risk tolerance is the most important thing we should possess because if we are not a risk taker we might end up at loss.

maremostro

newbie

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Its interesting to observe the price in sats vs usd . Since the pairing to BTC

Is it better to hold BTC or a coin. I suppose it depends on the utility of the coin (purpose)

Definitely hold coins that are platforms promising projects (especially the ones that deal with some real utility /service be it crowddfundded energy production etc)

Shit coins i suppose will lose vs Bitcoin once it starts rising so sell ur shitcoins buy btc with it and forget till next Xmas

bamboylee

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This is true unless you are investing in a shitcoin. So it is still profitable long term to put your money on trusted brands, those that have weathered the storm. Those cryptos will overcome the bear trends and will come on top after the storm.

panganib999

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Quote from: h0lybyte on February 06, 2018, 04:11:00 AM

That is what i have also experienced personally in past years, the cryptochrrency market is absolutely occuring in cycles, i agree 100% with your post. A real trader knows how to deal during these down trends occurrrence, however i doubt newbies or less knowledge keeping people will lose their coins by panic selling

If you have the experience and enough knowledge about the system of bitcoin this is quite noticeable but in reality traders are more likely to focus on the trends compare to investors who come up to bitcoin with a vision to earn and to gain profit and sometimes they do it without a proper education about the given bitcoin system.

OrangeSeller

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Quote from: pokeronlinestatus on February 14, 2018, 02:03:25 AM

Quote from: Borisb52 on February 09, 2018, 08:13:18 AM

I agree completely with the author's post. Now you just have to wait and not sell your coins. Correction ends. After correction, there will be growth. Negative news about bitcoin ended. And this means that all coins should be restored and go to growth.

Absolutely now they have only option of relaxing and cooling their minds. Without being panicked they wouldn’t be taking the control of future. For better results in future they must understand the market that it is re-growing. Bitcoins price charts are again reviving. So good news will be there for you just wait for 2 or 3 weeks more. Everything will be fine and you will get your benefit.

learnt my lessons few years back as an investor that as long as you are holding a good coin and you believe in it, then hold. They will always do fine in the long run and you will be so surprise the level they will get than when you sell them.

Unless you are a trader who will always be monitoring the charts and obviously would have sold at the top and buy back at dip, there is no need to worry as an investor. The market will recover, even get better than before and you will be smiling.

Borisb52

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I fully agree with the author of the topic. If your deposit is in the red, then do not sell. Especially now, when the correction is already over. And after correction, growth will begin. You can sell only at the beginning of the correction, when you have a minus about 5-10%. And then, when the price reaches the bottom, you need to buy again. This way you can increase the number of your coins.

maremostro

newbie

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get into meaningfull ico the ones that actually produce something i think safe bet is wepower like or minig platforms everything other than speculation remember tradding bot talk well think of napoleonx and its going to get more and more sopisticated

mx667

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Quote from: Wilsonong222 on February 15, 2018, 09:47:26 PM

What are you telling is true if your first plan is really for investment. But if you're trader first on hand and you lost 50% of your portfolio I think there's something wrong with your trading plan exit strategy. 15% lose in the portfolio is so much to bear as a trader. I think the cut lose should be set at 10% minimum and 15% maximum to maintain overall standing for the year. But of course this strategy vary depending on risk appetite of the trader or investors. Besides no perfect trading plan out there in the market what We only have is our personal experience.

That is definitely a very strong word and we always have to keep in mind. Never sell if you do not get the profit yet, and never sell when the price is currently down. If you are a short-term trader or daytrader, then I do not know anything about that. But if you are a long-term trader or long-term investor, then I am sure you already know and understand what I am saying. For those people who already know Bitcoin for about 5 years, will definitely not worry about this current price change and up and down. Because usually people like already know the grow of the price and the developing of Bitcoin for a long time. I guess I can give some advice to you who are still newbie and new to this whole thing.

alisaadat60

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Quote from: Alex_nutis on February 06, 2018, 03:22:45 AM

If you are in the minuses, you have your own, and not borrowed money, you do not have a shoulder and you believe in the future of the crypts - just cross this fall. You lost the time, but did not lose the game. Forget the time for the market. Loss you will appear exactly when you fix it. Now you are just an investor. For you it's a good time to step aside and think with a sober glance at where you made the flaws. The market is cyclical. Believe my experience. After the falls there is only one way - growth. It can be long or fast, painful or enchanting. But in any case, to the right. If you believe in what you have invested in, wait and do not be nervous.

thank you , good advice. it's time to buy and buy. sell time will come.

meyklove

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Exactly. Just hold and wait for the right time because eventually the coins you bought will surely recover.

ladner

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Quote from: Alex_nutis on February 06, 2018, 03:22:45 AM

If you are in the minuses, you have your own, and not borrowed money, you do not have a shoulder and you believe in the future of the crypts - just cross this fall. You lost the time, but did not lose the game. Forget the time for the market. Loss you will appear exactly when you fix it. Now you are just an investor. For you it's a good time to step aside and think with a sober glance at where you made the flaws. The market is cyclical. Believe my experience. After the falls there is only one way - growth. It can be long or fast, painful or enchanting. But in any case, to the right. If you believe in what you have invested in, wait and do not be nervous.

We can see the market in the past few days has been excited when both bitcoin and altcoin price increase. We can see that the bitcoin price has surpassed $ 10000 yesterday, a very important milestone for the next $ 12000. I think if you are holding a bitcoin now, do not sell at this time because the bitcoin price will increase in the coming days.

Wilsonong222

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Quote from: Alex_nutis on February 06, 2018, 03:22:45 AM

If you are in the minuses, you have your own, and not borrowed money, you do not have a shoulder and you believe in the future of the crypts - just cross this fall. You lost the time, but did not lose the game. Forget the time for the market. Loss you will appear exactly when you fix it. Now you are just an investor. For you it's a good time to step aside and think with a sober glance at where you made the flaws. The market is cyclical. Believe my experience. After the falls there is only one way - growth. It can be long or fast, painful or enchanting. But in any case, to the right. If you believe in what you have invested in, wait and do not be nervous.

What are you telling is true if your first plan is really for investment. But if you're trader first on hand and you lost 50% of your portfolio I think there's something wrong with your trading plan exit strategy. 15% lose in the portfolio is so much to bear as a trader.

I think the cut lose should be set at 10% minimum and 15% maximum to maintain overall standing for the year. But of course this strategy vary depending on risk appetite of the trader or investors. Besides no perfect trading plan out there in the market what We only have is our personal experience.

d1ceplayer

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Quote from: h0lybyte on February 06, 2018, 04:11:00 AM

That is what i have also experienced personally in past years, the cryptochrrency market is absolutely occuring in cycles, i agree 100% with your post. A real trader knows how to deal during these down trends occurrrence, however i doubt newbies or less knowledge keeping people will lose their coins by panic selling

Almost everyone have experienced this one way or the other and eventually we all get to know that panicking does not pay at all. Markets are meant to have both downtrends and uptrends. Sure, we all love the uptrends, but it is just like life, there would be some challenges and obstacles, but that does not change any fact that, an uptrend will have its time, and then we will get to have good time within those periods.

crypt0heaven

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it can be extremely hard to look at your portfolio in a draw down. The trick? just dont look. And like anon said, do not sell for a loss whatever you do.

It might ease the psychological pain but its not worth it because you wont get in again at a good time.

Nhor1011

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Panic selling will not help to gain profit instead you lost a lot. Be courageous to face the ups and down of the market because that is normal scenario not only in crypto world but also in an offline market. So always think possitive,just hold bitcoin that you have because after a big fall there should be huge increase in return.

Topic: Advice for those who are in a minus and a loss. DON'T SELL! (Read 550 times)