After a Bad Sell - page 26. | Bitcointalksearch.org

jmigdlc99

sr. member

Activity: 784

Merit: 282

Quote from: shamzblueworld on April 22, 2018, 10:26:53 PM

So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?

That sounds exactly like what happens to me every time i try to trade. It also happens the opposite way such that when i buy a coin, the coin prices go to the dumps.

I feel like this is because the whales have developed a way to analyze market sentiment and manipulate it in such a way that when the average joe (like me) feels like it's a good time to buy, they capitalize on it and take our money. Sadly, until we are large enough whales or the market becomes more resistant to insider trading and manipulation, there is little we can do but simply hodl until we are really content with profit.

Mr.Freeman

full member

Activity: 462

Merit: 114

“The Future of Security Tokens”

If I sold coins at the top of the price, I go to a coinmarketcap, choose coins that grow well, but now have fallen and are buying them.

midorichain

full member

Activity: 238

Merit: 100

I also had such cases, after that I decided that I would invest for a long time and registered in my strategy at what price I would sell and buy this coin

Treasurer

full member

Activity: 462

Merit: 104

When I sold the coins, and they start to grow, I wait for the stoppage of growth and decrease, even a small one, and I buy again. Yes, I can now buy less coins for this amount, but they will grow up later and I will cover losses.

ekdahlswart

newbie

Activity: 94

Merit: 0

Do not be in a hurry, just wait for big profits. If this happen do not be discouraged, maybe you are not lucky. Just try again and avoid the same mistakes with learn from that mistake.

Dreamlandzoom

full member

Activity: 414

Merit: 102

This happens frequently and I don’t have much problems with this as long as I still profit. There are ways to protect yourself from this in a way. Sometimes you can sell only half of your investment and see how the price will change. Or if you already have good profit, but still hope for more then you can sell on amount equal to your investments in Ether or BTC. The “profit” tokens just keep

xenomorphe1

full member

Activity: 798

Merit: 103

If this happen, i would wait another dip. You need to be more patient. I also have done several times this mistake. Don't sell except if you are making profits. Try to buy at the best price. But it is really hard to know what is the best price.

Semen89

member

Activity: 154

Merit: 10

In this market there is everything so I do not advise you to be disappointed you just get the experience that will be useful to you in the future, it is normal to make mistakes, I also had such situations

eternalgloom

legendary

Activity: 1792

Merit: 1283

Never happened to me personally, except maybe in the very early days back in 2013. I've just learned to hold, plus I always buy right after crashes.
I'm also not day trading, I don't mind holding on to coins for +1 year. Once you start doing that you'll only sell when you have a profit.

I'm sure that a lot of people sold most of their assets when the big crash happened after NY.
I'm still holding onto coins from the years before, so selling would be incredibly stupid since I was still looking at a profit, even when the prices hit their lowest point.

bizarro

member

Activity: 291

Merit: 10

I would try to remember, that this is only digits on a screen, money is the most renewable resource so go on working.

Cilorku

newbie

Activity: 266

Merit: 0

I do not think there's anything you can do about it as it happens, even though you might be able to prevent it from happening. Maybe a little more patient in the future. my advice stops thinking so much about it because sometimes you just have to take action and not compare your trade with others because the comparison is a thief of joy, thankful for what has happened that is what you get is a blessing, and rest assured there is still plenty of time upcoming. Wink

$anounimus$

sr. member

Activity: 1610

Merit: 294

www.licx.io

Quote from: shamzblueworld on April 22, 2018, 10:26:53 PM

So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?

when experiencing the worst sales at this time some coins have experienced price increases and I think the price increase is very reasonable and very profitable if you can use it to buy when the price is very cheap you are now able to attract huge profits.

Razick

legendary

Activity: 1330

Merit: 1003

Don't worry yourself too much about sales like these because they happen to everyone in the market all the time and this would probably not be the last time it will happen to you. There is no way to tell when the best time is to sell so when it is a good price for you is actually when you should sell your coins. Price changes are normal and you can just buy back in when the price goes down again.

Mr.Gun

member

Activity: 294

Merit: 10

Maybe yes sometimes when selling altcoin at a low price after selling your altcoin sometimes altcoin prices rise then of that many people who lose big profits because the rush to sell altcoin you have because at that time altcoin prices have increased slightly

CryptosapienZA

full member

Activity: 378

Merit: 101

Quote from: shamzblueworld on April 22, 2018, 10:26:53 PM

So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?

It happens to most of us. I wouldnt lose sleep over it. Trust your gut, and move on.

xaviervilla

full member

Activity: 350

Merit: 100

Quote from: shamzblueworld on April 22, 2018, 10:26:53 PM

So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?

The only thing I can advise is to be a keen observer in all the tokens or coins that you are holding.
This will enable you to know how long you should hold, sell and buy back if needed. Pay close attention
to the community, the road map, and the way the developers do their job or fulfill promises. And most
of all, do not let your emotions cloud your decisions. Have a strict plan you can follow and stick with it.

sircy

sr. member

Activity: 504

Merit: 250

set the desired target and do not rush. If you have a target price so be it just follow, either up or down later after the sale then let alone. do not be too obsessed to greedy because later will not produce something useful.

olya_n

member

Activity: 280

Merit: 10

Quote from: chris200x9 on April 22, 2018, 10:47:01 PM

What I can suggest you avoid this situation is to sell partial quantity and keep some then you can get a chance to sell at higher if prices go again high.

Also, if you have made already enough profit from your investment then we shouldn't worry about these things because we can't always time the market. Now you need to find other good coins to invest and make more profit.

I absolutely agree with you. You can either sell part of your coins, or later on the dump again to buy them off (I do so). And I never regret the lost profit, because if today I'm not lucky, tomorrow will be lucky! You have to be optimistic!

aussiesloth

member

Activity: 266

Merit: 41

If you're looking to lock-in profit, only sell some of your bag, not all of it. Hold some just in case there's lots more upside.

Also, selling at the start of Altseason probably wasn't the greatest of moves. I think it's going to be mostly green for at least 6 months now.

ADEMNL

member

Activity: 173

Merit: 10

You just need to invest in long. Buy the vending tokens, place them on a reliable cold wallet and wait a few months until their price grows.

Topic: After a Bad Sell - page 26. (Read 3827 times)