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Topic: Anyone here long enough? - page 3. (Read 10008 times)

hero member
Activity: 2730
Merit: 632
June 01, 2019, 05:35:02 PM
#79
I prefer to set a price and sell when it hits it no matter how long it takes and no matter what the market is doing at the time.

That is an action of a smart investors, we don't have to change our mind because we got hype on the present market situation, if there is an opportunity to sell, we should do it, greediness will never bring benefits to us, because we could miss this good opportunity to sell and might regret it when correction starts.
The hype is actually the oppurtunity to sell so why not change your mind from a hodler to seller . The hype is the reason on why we are here in crypto investing and trading so we should also take this oppurtunity asap because the hype does not stay any longer and the hype do also come rarely  but im not saying that hodling for too long or waiting for more is a greedy move  but its also a wise decision as long as you are good at analyzing .
Simply hodling is advisable if you dont really know on what to do in your holdings.Selling in hype or some news would really be beneficial if you do know how
to utilize such event yet this market is hyper reactive when it comes to fuds or news that came out from nowhere.
full member
Activity: 532
Merit: 101
May 31, 2019, 04:51:21 PM
#78
Maybe I haven't joined the cryptocurenncy for too long but I have done some activities in the cryptocurenncy world starting from trading until looking for a gift like now, in trading I rarely hold my coins to buy, I immediately release the coin if I start raising  , and in terms of coins or tokens that I get from the gift I often detain my coins
full member
Activity: 714
Merit: 114
May 27, 2019, 06:20:04 AM
#77
I prefer to set a price and sell when it hits it no matter how long it takes and no matter what the market is doing at the time.

That is an action of a smart investors, we don't have to change our mind because we got hype on the present market situation, if there is an opportunity to sell, we should do it, greediness will never bring benefits to us, because we could miss this good opportunity to sell and might regret it when correction starts.
The hype is actually the oppurtunity to sell so why not change your mind from a hodler to seller . The hype is the reason on why we are here in crypto investing and trading so we should also take this oppurtunity asap because the hype does not stay any longer and the hype do also come rarely  but im not saying that hodling for too long or waiting for more is a greedy move  but its also a wise decision as long as you are good at analyzing .
full member
Activity: 527
Merit: 113
May 26, 2019, 11:05:05 PM
#76
Hi there
I would like to get tips from people that are in the crypto world for a while and saw a few bear markets already.
There is so much speculation right now and It makes me be uncertain about my moves (buying and selling)

Do you just always HODL? when do you know where to sell?
When do you think the market is about to go down you sell and then getting back when you think it's recovering?

Ive been in crypto for quite sometime and I can say that we are now on the midst of bearish and bullish something a level that can be worse or can get better. As you can see, it has been few weeks and the rally is still volatile it always go down to 7k and reaching 8k vice versa but this is the level where it is normally move. I think still okay to buy, the past ATH should happened again and hold it for a long time. Could be years who knows.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
May 26, 2019, 11:20:49 PM
#76
I prefer to set a price and sell when it hits it no matter how long it takes and no matter what the market is doing at the time.

That is an action of a smart investors, we don't have to change our mind because we got hype on the present market situation, if there is an opportunity to sell, we should do it, greediness will never bring benefits to us, because we could miss this good opportunity to sell and might regret it when correction starts.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
May 26, 2019, 04:53:01 PM
#75
I never ever ever expected the price to hit $160 well over a year after it hit its ATH. Similarly I never, ever expected $20,000 before the end of the decade. Thusly attempting to time anything would've been a total disaster for me.

This forum is littered with casualties who thought they knew what they were doing when it came to timing the market. I prefer to set a price and sell when it hits it no matter how long it takes and no matter what the market is doing at the time. Had I gone the other way I'd probably have a fraction of the coins I have now.
legendary
Activity: 1806
Merit: 1521
May 26, 2019, 04:41:30 PM
#74
If you've experienced a Bitcoin bubble before then you should already know: don't sell at $100K. We're going much higher. The difference may not seem huge in % terms, but extrapolating based on past cycles puts us in the $200K-$500K range in the next bubble. I wouldn't be caught dead selling long term coins for less than $200K.

If the last few years has taught me anything, it's this: buying your coins back (where you want to) is always tougher than expected. If you sell at $100K, you might find that's the ultimate bottom range of the next bear market, which would represent a lot of opportunity lost.

I used to make fun of perma bulls, but TBH they've got the right idea. The goal here is to gain coins, not lose them. In the long run (next 5-20 years), nothing is going to hurt worse than selling too early and not buying back soon enough.
I plan on liquidating everything at $300k, it would be enough for me to retire. You do bring up good points however, losing those coins is tough to, as excited as I am for this, its nerve-racking at the same time. Bitcoin went from $8000 to $20k in a matter of three weeks, that three week window is the window you wait years and year for to sell. Have to time it right.

I think your approach is sensible enough. I guess deep down, there are two things that keep me from ever liquidating everything. I have a few coins tucked away that I have zero plans to sell for the foreseeable future.

First, I'm worried the log cycle trend is getting too obvious. When everyone sees the same thing, the market usually throws a curve ball. $300K is a pretty perfect guess extrapolating from past cycles. What I'm worried about is an S-curve scenario where we go straight to $10 million or something crazy like that next time around.

Second, there's the inherent instability of fiat currencies. I'm not a hardcore "the end is coming tomorrow" type, but I do think at some point fiat currencies will start experiencing crises in confidence and even outright collapse. Depending when that happens (could be decades from now), I think we'll see lots of value flow into hard money like gold and Bitcoin. I don't want to be holding all USD in that situation. I want to be at least somewhat diversified if shit ever hits the fan.
hero member
Activity: 3150
Merit: 937
May 26, 2019, 12:30:22 AM
#73
Hi there
I would like to get tips from people that are in the crypto world for a while and saw a few bear markets already.
There is so much speculation right now and It makes me be uncertain about my moves (buying and selling)

Do you just always HODL? when do you know where to sell?
When do you think the market is about to go down you sell and then getting back when you think it's recovering?

Just forget about reading crypto news subreddits and websites and you will be fine.
I just HODL and never panic sell.It doesn't matter how hard the price goes down.
sr. member
Activity: 1484
Merit: 253
May 25, 2019, 07:38:11 AM
#72
Hi there
I would like to get tips from people that are in the crypto world for a while and saw a few bear markets already.
There is so much speculation right now and It makes me be uncertain about my moves (buying and selling)

Do you just always HODL? when do you know where to sell?
When do you think the market is about to go down you sell and then getting back when you think it's recovering?
I usually hold, but what be my mistake is too happy when price movement 100% from current price. Like when it is around $200-$300 then it is up to $600, in past i not expected that it will be increased a lot.
No problem with that because you can always try to do the same thing again when the price is down and up then. Maybe you are too happy, so you miss something from your analysis and sell in a rush but then the price increases more than the price you expect. You can do again in the future, and I am sure you will get another profit.
Yes i am too hapy, because i never think bitcoin can jump like that. Even with $1000 i already very happy. In january 2015 (if me not wrong) my dip  of bitcoin price. Don't really  know how much it is approx in USD but it is  if compared with usd now like around $150.

   I keep optimistic and determined to engage positive outcome in the near future. I penetrate in this field with full of confidence and keep holding for what has the current situation may occur. Thus, it is not about how long we had penetrated but how we value and peruse thie site.
member
Activity: 256
Merit: 62
May 24, 2019, 09:50:57 PM
#71
My biggest fear is that in the next rally we see Bitcoin reach $100k, but then run up to lets say$500k, when do you sell? You don't know, but you should sell slowly on the way up.

If you've experienced a Bitcoin bubble before then you should already know: don't sell at $100K. We're going much higher. The difference may not seem huge in % terms, but extrapolating based on past cycles puts us in the $200K-$500K range in the next bubble. I wouldn't be caught dead selling long term coins for less than $200K.

If the last few years has taught me anything, it's this: buying your coins back (where you want to) is always tougher than expected. If you sell at $100K, you might find that's the ultimate bottom range of the next bear market, which would represent a lot of opportunity lost.

I used to make fun of perma bulls, but TBH they've got the right idea. The goal here is to gain coins, not lose them. In the long run (next 5-20 years), nothing is going to hurt worse than selling too early and not buying back soon enough.
I plan on liquidating everything at $300k, it would be enough for me to retire. You do bring up good points however, losing those coins is tough to, as excited as I am for this, its nerve-racking at the same time. Bitcoin went from $8000 to $20k in a matter of three weeks, that three week window is the window you wait years and year for to sell. Have to time it right.
sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
May 24, 2019, 06:37:10 PM
#70
Hi there
I would like to get tips from people that are in the crypto world for a while and saw a few bear markets already.
There is so much speculation right now and It makes me be uncertain about my moves (buying and selling)

Do you just always HODL? when do you know where to sell?
When do you think the market is about to go down you sell and then getting back when you think it's recovering?
I usually hold, but what be my mistake is too happy when price movement 100% from current price. Like when it is around $200-$300 then it is up to $600, in past i not expected that it will be increased a lot.
No problem with that because you can always try to do the same thing again when the price is down and up then. Maybe you are too happy, so you miss something from your analysis and sell in a rush but then the price increases more than the price you expect. You can do again in the future, and I am sure you will get another profit.
Yes i am too hapy, because i never think bitcoin can jump like that. Even with $1000 i already very happy. In january 2015 (if me not wrong) my dip  of bitcoin price. Don't really  know how much it is approx in USD but it is  if compared with usd now like around $150.
full member
Activity: 812
Merit: 100
May 24, 2019, 05:02:43 PM
#69
Hi there
I would like to get tips from people that are in the crypto world for a while and saw a few bear markets already.
There is so much speculation right now and It makes me be uncertain about my moves (buying and selling)

Do you just always HODL? when do you know where to sell?
When do you think the market is about to go down you sell and then getting back when you think it's recovering?
Of course yes some cryptocians are hodling their funds because some of people now are observing the market because they want to assure if bull run really continues to move up. And I think traders and investors are more wiser now that before.
full member
Activity: 1134
Merit: 167
May 24, 2019, 05:02:06 PM
#68
People always predict specific prices when it would be easier to look at the population of users or at least the activity and trend of usage.   If there is growth its likely to result in a bullish price.

The reason we got 100 or 300 or 1000 or any price wrong is that at the time that was the correct price possibly.   However when population of users rises it likely means the price is adjusting also.   I would look at many factors not just a price graph or its easy to be incorrect like only looking at your feet when walking, look around for perspective vs the price as well I think is going to improve accuracy
One of the factors should be looked about when it comes on predicting prices not only focusing on a single sort but you should look at on the possible angles which
would give out that kind of perspective.
Long time experience with this market will give out those kind of insights for you to look at but it doesnt mean it will give out higher accuracy anytime.
basically depending on the power of reading and analyzing prices is the key to all trade and investment to get a high level of experience and comparing information about price analysis is the most difficult thing, and no less difficult to control emotions so as not greedy and anxious
hero member
Activity: 2730
Merit: 632
May 24, 2019, 04:26:18 PM
#67
People always predict specific prices when it would be easier to look at the population of users or at least the activity and trend of usage.   If there is growth its likely to result in a bullish price.

The reason we got 100 or 300 or 1000 or any price wrong is that at the time that was the correct price possibly.   However when population of users rises it likely means the price is adjusting also.   I would look at many factors not just a price graph or its easy to be incorrect like only looking at your feet when walking, look around for perspective vs the price as well I think is going to improve accuracy
One of the factors should be looked about when it comes on predicting prices not only focusing on a single sort but you should look at on the possible angles which
would give out that kind of perspective.
Long time experience with this market will give out those kind of insights for you to look at but it doesnt mean it will give out higher accuracy anytime.
legendary
Activity: 1806
Merit: 1521
May 24, 2019, 04:07:03 PM
#66
My biggest fear is that in the next rally we see Bitcoin reach $100k, but then run up to lets say$500k, when do you sell? You don't know, but you should sell slowly on the way up.

If you've experienced a Bitcoin bubble before then you should already know: don't sell at $100K. We're going much higher. The difference may not seem huge in % terms, but extrapolating based on past cycles puts us in the $200K-$500K range in the next bubble. I wouldn't be caught dead selling long term coins for less than $200K.

If the last few years has taught me anything, it's this: buying your coins back (where you want to) is always tougher than expected. If you sell at $100K, you might find that's the ultimate bottom range of the next bear market, which would represent a lot of opportunity lost.

I used to make fun of perma bulls, but TBH they've got the right idea. The goal here is to gain coins, not lose them. In the long run (next 5-20 years), nothing is going to hurt worse than selling too early and not buying back soon enough.
hero member
Activity: 1596
Merit: 502
May 24, 2019, 11:39:35 AM
#65
Hi there
I would like to get tips from people that are in the crypto world for a while and saw a few bear markets already.
There is so much speculation right now and It makes me be uncertain about my moves (buying and selling)

Do you just always HODL? when do you know where to sell?
When do you think the market is about to go down you sell and then getting back when you think it's recovering?
I usually hold, but what be my mistake is too happy when price movement 100% from current price. Like when it is around $200-$300 then it is up to $600, in past i not expected that it will be increased a lot.
No problem with that because you can always try to do the same thing again when the price is down and up then. Maybe you are too happy, so you miss something from your analysis and sell in a rush but then the price increases more than the price you expect. You can do again in the future, and I am sure you will get another profit.
sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
May 24, 2019, 11:26:57 AM
#64
Hi there
I would like to get tips from people that are in the crypto world for a while and saw a few bear markets already.
There is so much speculation right now and It makes me be uncertain about my moves (buying and selling)

Do you just always HODL? when do you know where to sell?
When do you think the market is about to go down you sell and then getting back when you think it's recovering?
I usually hold, but what be my mistake is too happy when price movement 100% from current price. Like when it is around $200-$300 then it is up to $600, in past i not expected that it will be increased a lot.
member
Activity: 256
Merit: 62
May 24, 2019, 11:03:55 AM
#63
I've been around for a few years and its very difficult predicting the end of the bear market and the end of the bull market.

Back in Aug 2015 or so, when it broke that yearly resistance of $300 (or so) I assumed it would be a bull trap and head back down to the $200 area, it never did and confirmed the end of the bear market however I didn't buy at $300.

Same with the bull market end at $20K, I assumed $2K was the top, then $3K, then $5K, then was absolutely sure $10K was the top and even shorted there, then assumed $25K was the top and missed the target and had to sell on the way down at $10K.
I can 100% relate, $3k was the top then, then $5k, then EVERYONE was certain $10k was, then we blew past it to $20k, and then people were screaming for $30k.

Ill say this, if we see a 50% re-tracement, that is your sell signal. Dont hold your bags in denial, like many including myself did. Its a brutal market, the people who sold at $2k, and $3k kicked themselves, the people who didnt sell at $20k or $10k or even $6k kicked themselves to. Its hard to win, at the end of the day you want to walk out with more than you walked in with.

My biggest fear is that in the next rally we see Bitcoin reach $100k, but then run up to lets say$500k, when do you sell? You don't know, but you should sell slowly on the way up.
sr. member
Activity: 1092
Merit: 271
May 24, 2019, 10:57:48 AM
#62
Hi there
I would like to get tips from people that are in the crypto world for a while and saw a few bear markets already.
There is so much speculation right now and It makes me be uncertain about my moves (buying and selling)

Do you just always HODL? when do you know where to sell?
When do you think the market is about to go down you sell and then getting back when you think it's recovering?
Speculations are just speculations, they can happen and and they can’t too. As you watch how the market moves you know if you are going to profit if you sell it now or later depending on the money you took out for your holdings. For those who bought theirs above $10k they know it is not wise for them to sell them right now. Depending on your need too, if you don’t it too bad right now, let it sleep in your wallet and wait.
STT
legendary
Activity: 4088
Merit: 1452
May 21, 2019, 06:22:12 PM
#61
People always predict specific prices when it would be easier to look at the population of users or at least the activity and trend of usage.   If there is growth its likely to result in a bullish price.

The reason we got 100 or 300 or 1000 or any price wrong is that at the time that was the correct price possibly.   However when population of users rises it likely means the price is adjusting also.   I would look at many factors not just a price graph or its easy to be incorrect like only looking at your feet when walking, look around for perspective vs the price as well I think is going to improve accuracy
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