Are You Done Buying Cryptocoins? I AM. - page 3.

futile-resistance

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Quote from: Vishnu.Reang on April 13, 2019, 01:54:45 PM

You have some valid points. Until 6 months back, I had a at least three dozen different altcoins and tokens in my wallets. But now that number is down to around 10. I have converted the rest to BTC or ETH. My patience has run out with the alts. I think it is time to solely concentrate on Bitcoin (+ ETH).

The only reason that made me start to use cryptocurrency was because I was working with someone and he was fond of sending payments in BTC, so I had to start making use of it. That was before I started making use of BTC, then I decided to be investing in it too, but this time around I no longer invest, I think I have enough already.

Actually, I’m tired of buying any coin again. And to be sincere the only thing I have is Bitcoin. I no longer show interest in other coins, no matter what people has to say about them. I’m just really tired of all that. This time around I just come to the forum and when I’m not reading posts in the forum, I’m checking through my wallets and going through sites to read news and all that.

mirakal

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Quote from: tenakha on April 21, 2019, 03:48:50 PM

Quote from: vixcious on April 21, 2019, 11:15:42 AM

I am the 6th type. I don't really have much trading experience and I am very worried when its price increases and decreases. I usually do not look at the daily chart and I just place a sell order at a reasonable profit and then wait. I feel so good because I can avoid the pressure from trading.

Considering the risks will help you to be more durable. You should try to learn. Fear (panic) is the main cause for losing in trading. I do not mean to force you to do that, but try it out with demo accounts. Crypto trade is not very difficult as long as you know the rules.

You can try real trade with real money, start small when you are new.
It's good to trade if with real money as compared to demo trading you are not using your emotion while in real trade, you will how to manage your emotion. Trading is good if you have the patience and you are knowledgeable as both are necessary to increase your chance of success.

tenakha

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Quote from: vixcious on April 21, 2019, 11:15:42 AM

I am the 6th type. I don't really have much trading experience and I am very worried when its price increases and decreases. I usually do not look at the daily chart and I just place a sell order at a reasonable profit and then wait. I feel so good because I can avoid the pressure from trading.

Considering the risks will help you to be more durable. You should try to learn. Fear (panic) is the main cause for losing in trading. I do not mean to force you to do that, but try it out with demo accounts. Crypto trade is not very difficult as long as you know the rules.

redsun114

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Quote from: The Cryptovator on April 16, 2019, 01:12:27 PM

I am still holding few coins and still buying when I have few fund or I have earned. To be honest I am not exactly want hold it long time especially for Altcoins. I am just trying to increase my bitcoin. I am holding and I have a target for sell. But obviously not for short time or short trade. Once my target will achieve then I would like to sell my hold coins. Then I will move another whatever will on dip. I like to buy on dip although we don't know exactly what is the dip price. But I just try to find from previous record. So at least I can determine when should I buy.

Moving to bitcoin is good idea. Even altcoin can help you as well but definitely the percentage of profits are very low in altcoin. Despite this fact, altcoin are still impressive as they fall very cheap to pocket. You can buy them easily and can hold. A time will shortly come when they will yield handsome profits. Till then, bitcoin is classic. Right now it’s just moving up so better to keep in touch with it.

BlueStackz

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Quote from: MFahad on April 18, 2019, 10:33:19 PM

i am one of them, who waiting for ship to come in, because i already bought too many crypto and some altcoins i wanna hold them for a time, and some coins i want to sell them when its price go to high. It meant i am in first category.

Since you are already convinced that you have enough and the only thing you are waiting for right now is for the bull run to come and multiply your investment, it’s a good decision you have made, but if I may chip in, no one knows exactly when the bull run will come.

I know for certain that it will surely come, no doubt about that, but I think it may still be till next year before it can happen, why not still use that opportunity to go into trading, within that period, you can still make more money while at the same time waiting for your ship to come in and bail your funds out.

ipanks

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Quote from: bitcoindusts on April 21, 2019, 05:25:20 AM

I’m not yet done buying crypto but I don’t intend to buy now. If i have an opportunity to acquire without money out then I go for it like signature campaigns and I think I fall on the last category you mentioned. I don’t touch my holdings unless I see The price has climbed to the moon. It doesn’t hurt me much to see them in my wallet because I didn’t buy most of them. I hold them and wait patiently.

Me too. I still buying crypto like you. I have a good opportunity to buy more at this time because this time will still be the best time for me to get a lower price. I am sure that the price will climb to a higher price and at that time, I can sell all the coins. Many of us still waiting for the best time to see the higher price and we also still buying more and more. I think I am not done buying crypto because it will give a big profit for me later.

guoyu78

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Quote from: Botnake on April 18, 2019, 12:48:26 AM

Quote from: Lakai01 on April 18, 2019, 12:04:03 AM

I still buy on a regular basis, usually at the end of the month for a fixed amount of money. I usually buy BTC and a promising altcoin, used to be stellar in 2019!
I paused that buying plan in 2018 and restarted it in February 2019, very lucky me Wink

Never stop if you can still afford to buy, the good thing with this kind of investment is that the return is faster and the profit is high.
It's quite risky as an investment but who would not take this high risk if the reward is good.
If I have enough money to still accumulate, I would do the same, but I stopped now, waiting for my small portfolio to again grow.

Back in 2010 and 12, we have had people who invested madly in the cryptocurrency but back then the price per coin was low as well. Today, it is high so i think that if you have invested a lot in the crypto, that should be enough and that you should wait for the time being to get the benefits out of it. This is important to diversify and not put all your eggs in the same basket. There should be a limit to your investment in crypto and you should rather build business around it.

vixcious

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I am the 6th type. I don't really have much trading experience and I am very worried when its price increases and decreases. I usually do not look at the daily chart and I just place a sell order at a reasonable profit and then wait. I feel so good because I can avoid the pressure from trading.

carlisle1

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Quote from: UmerIdrees on April 21, 2019, 08:20:40 AM

Quote from: hyunee on April 19, 2019, 03:10:13 PM

Quote from: Khaos77 on April 11, 2019, 10:44:00 AM

2. Buying forever with no intent to ever sell.

This is me. I'm buying forever and never sell until I get big profits. Since I'm not really good in trading, I just want to hodl my coins and then wait for it to go for a bigger profit. Since, 2017 I bought bitcoin I'm still hodling it. I was not that active in crypto with the certain rise that's why I got left out but no worries.

You must be rich, therefore you can hold the coins which you buy. Many people enter in crypto currency market to make quick profit and if they face a loss they do not have the patience to hold the coins. Sometimes an urgent need of money force them to sell. So the only option left for them is to sell those coins in a loss.

Lol the man mentioned that he was left behind ahen the hype happened sl he did not have sell all his bitcoin in almost $20,000 value but he can still afford to wait

I am lucky to say that i did sold my bitcoin in December of 2017 and buy back in the mid of 2018 and in February of 2019 when the price goes to the deepest value of $3,000+

Now what i am waiting is another exit since i am in need of money for my dream house to be done,hoping the end of this year may bring blessings and good vibes

moynul2050

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now I am trying to buy some crypto currencies, including BiteX (XBX) and now I am trading the altcoin, partly I invest in ethereum and bitcoin.
maybe I will continue to invest in several other altcoins that are predicted to have good power in the future such as Binance (BNB) as one example.

UmerIdrees

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Quote from: hyunee on April 19, 2019, 03:10:13 PM

Quote from: Khaos77 on April 11, 2019, 10:44:00 AM

2. Buying forever with no intent to ever sell.

This is me. I'm buying forever and never sell until I get big profits. Since I'm not really good in trading, I just want to hodl my coins and then wait for it to go for a bigger profit. Since, 2017 I bought bitcoin I'm still hodling it. I was not that active in crypto with the certain rise that's why I got left out but no worries.

You must be rich, therefore you can hold the coins which you buy. Many people enter in crypto currency market to make quick profit and if they face a loss they do not have the patience to hold the coins. Sometimes an urgent need of money force them to sell. So the only option left for them is to sell those coins in a loss.

Reatim

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Quote from: LimLims on April 21, 2019, 05:07:39 AM

Your options are quite interesting and to be honest it's really interesting.
From this we can conclude that there are many types of people who have been the part of the crypto world.
If you ask for my opinion, then i would say i am the kind of a guy, who really loves to make some quick money as fast as possible.
So yeah i doesn't depend upon the scenarios as if you know the trick of trading then you can really make a good amount of money.

You need to have a good experienced doing the short term trade to make it profitable for you, sometimes, instead of gaining it will ended up losing, unexpected things happened around the market and fluctuations will make you suffer, it's quite enjoying while reading different opinions coming from different traders who have their owned experiences inside the market.

XCANA

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Quote from: hyunee on April 19, 2019, 03:10:13 PM

Quote from: Khaos77 on April 11, 2019, 10:44:00 AM

2. Buying forever with no intent to ever sell.

This is me. I'm buying forever and never sell until I get big profits. Since I'm not really good in trading, I just want to hodl my coins and then wait for it to go for a bigger profit. Since, 2017 I bought bitcoin I'm still hodling it. I was not that active in crypto with the certain rise that's why I got left out but no worries.

Agree with your opinion, personally i would rather buy altcoin for keep as i have done that sometime in 2018; which i have already sell some of my portfolio and keeping other for future purpose, as they seem not to yield high profits as deserve. I buy with the intention to keep them for a long-term and not short-term purpose. Am not done buying crypto because am still buying.

meliodas

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I am never done buying cryptocurrencies. Buying cryptocurrencies will be forever for me because i am always buying and selling cryptocurrencies so i don't think that there will be a time for me to stop buying cryptocurrencies unless i am a long term investor then there will be a point for me to stop buying cryptocurrencies.

btc_angela

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Quote from: akram143 on April 21, 2019, 06:47:21 AM

Not yet I'm not convenient with my Bitcoin investment because the Crypto investments are the only way available for me to save my future to the good level so I need to make it more possibly the better then only I can handle everything in my future and it is the the thing that will be considered from a long period of time and I think I need to do a lots of research more for my future.

Just look at the long term. If we are going to look at the past history of bitcoin we could be in the 2015-2016 which is the period of accumulation so it's a good thing. So we should still go and buy more coins at this time and just wait like 2-3 years before we can realised our gain. Might be tough to hold but patience will be the key here to make a lot of money in the future.

akram143

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★777Coin.com★ Fun BTC Casino!

Not yet I'm not convenient with my Bitcoin investment because the Crypto investments are the only way available for me to save my future to the good level so I need to make it more possibly the better then only I can handle everything in my future and it is the the thing that will be considered from a long period of time and I think I need to do a lots of research more for my future.

bitcoindusts

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I’m not yet done buying crypto but I don’t intend to buy now. If i have an opportunity to acquire without money out then I go for it like signature campaigns and I think I fall on the last category you mentioned. I don’t touch my holdings unless I see The price has climbed to the moon. It doesn’t hurt me much to see them in my wallet because I didn’t buy most of them. I hold them and wait patiently.

LimLims

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1xbit.com

Your options are quite interesting and to be honest it's really interesting.
From this we can conclude that there are many types of people who have been the part of the crypto world.
If you ask for my opinion, then i would say i am the kind of a guy, who really loves to make some quick money as fast as possible.
So yeah i doesn't depend upon the scenarios as if you know the trick of trading then you can really make a good amount of money.

Che454010

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Quote from: Khaos77 on April 11, 2019, 10:44:00 AM

Let's face facts, many of us have been in Crypto for years now.

Aside from the very few instances where you need to send crytocoins and transact immediately.

How many of you are just done buying crypto as an investment?

I mean you purchased enough of multiple coins, that if any hit your intended price target for them in 5 to 10 years,
you be richer than you ever dreamed.

So are you

1. Done buying crypto and just waiting for your ship to come in.
2. Buying forever with no intent to ever sell.
3. Still not purchased enough coins for your ship to come in.
4. Crypto Day Trader buy and sell everyday for small gains
added
5. Buying when extra money around, spending coins when finding stuff to buy via BTC and getting a better price, having a stash that I won't sell till I really feel the need to get out and one that I might sell earlier to cover some big buy (change of house, new car, etc etc).
6. Long Trader: Continuously buying while the prices are calm and just waiting to sell high.

I am in the 1 category, literally no reason to buy any more, don't even care about new cryptos.
If it reaches my price target , I'll be rich, if not, I won't be spending any more money on it.
So Which are You?

I have not yet done buying crypto, i am thinking about buying around 10 high potential coins that i would like to hold till the market reaches to moon. If i can manage more funds in the coming weeks then i would probably buy 5 to 10 good altcoins more.

fasdorcas

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Quote from: BlackPanda on April 17, 2019, 02:07:41 AM

Quote from: dothebeats on April 11, 2019, 12:25:15 PM

I'm perhaps included in an option that you haven't listed: continuously buying while the prices are calm and just waiting when the moment is opportune. This has worked for me in the wee months of 2014-2016 right before the bull run and I have been doing it again ever since the decline to $6000 down to $3000. Right now, I'm just playing the waiting game, adding something on the books just in case and hopefully get some more profits on the way.

I always use digital currency and that is me why use it. I always do some financial transactions like buying internet vouchers. Practicality is the main reason. besides that the value of investment that continues to increase gives me the opportunity to get attractive investments.

That is nice. You are making use of the major benefits that crypto can give. People tend to just speculate in cryptocurrency and still make use of banks and other third party institutions to make transactions. This is the reason why is it so important to keep on investing in crypto currency because it is something you badly need in a world of technology. In addition, like you said, it grows with the passage of time unlike the rest of the assets you hold.

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