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Topic: buy high and sell low. or hold which one is it? - page 18. (Read 2244 times)

full member
Activity: 560
Merit: 100
who is crazy people that buy with higher price and sell for low price? I think there are some and they really need the money but its ridiculous if you sell it with low and you buy with high price you cannot gaining profit. you better to hold longer if the price are drop down if you buy your bitcoin in higher price and if you really need it try to trade but you can gain a little profit for that and also it depends on you what to do with your bitcoin.
newbie
Activity: 213
Merit: 0
I chose hold and wait until the coin price went up, because I did not want to get a loss
but if the coin price down and I feel the price will not goes up again, I will sell low to reduce losses
full member
Activity: 502
Merit: 100
after this major price correction. i want to see what are your ideas on this. lets say you bought bitcoin 2 years ago. you notice prices were high at 19,000$ should u sell or continue to hold? what are your thoughts after this huge correction?

it is probably too late to sell after holding since the 19000$ correction.

I will sell bitcoin at the highest price, and buy again if the price fall like what happen last week and then i will hold it again and wait for the another pump, but its really hard to know when is the best time to sell bitcoin at the highest price. For me as long as i know that i get profit that's enough for me to sell bitcoin.
newbie
Activity: 210
Merit: 0
after this major price correction. i want to see what are your ideas on this. lets say you bought bitcoin 2 years ago. you notice prices were high at 19,000$ should u sell or continue to hold? what are your thoughts after this huge correction?

it is probably too late to sell after holding since the 19000$ correction.

First of all you title is catchy but its against what is considered normal. No need to change it tough. Buying high and selling low is obvious loss - why would anyone do that? Only if they are 100% sure that the asset is worthless now and thus they are cashing it out ASAP even at a big loss margin.

Many people did sell at ATH and thus there were small crashes around that time. However this crash it huge and those who did not sell then are hodling their btc like me.

It is later to sell now - better to hodl and see how everything unfolds.
I strongly agree with your opinion, because everyone wants to invest profitable, not to be outdone. If you buy at a high price and sell cheaply as if this coin is worthless in the future.
I believe it is best to wait for the price to recover and skyrocket again.
sr. member
Activity: 728
Merit: 250
after this major price correction. i want to see what are your ideas on this. lets say you bought bitcoin 2 years ago. you notice prices were high at 19,000$ should u sell or continue to hold? what are your thoughts after this huge correction?

it is probably too late to sell after holding since the 19000$ correction.

It depends on a few factors. If you bought Bitcoins for $500 and the price went up to $19,000 you could cash some in for a good profit but I think it depends on how much you own. If you just had 1 Bitcoin, you would have an $18,500 profit. That’s a good gain but it’s not life changing money. I would only sell if I have a huge amount of Bitcoins and I would just sell a little. I would hold the rest for bigger profit later.
Our profits are not only dependent on the price of bitcoin but on how much we invest, that is why those that only care about bitcoin are mistaken you need to also care about getting a lot of fiat and then put that money in bitcoin and altcoins, that way your profits will grow considerably.
full member
Activity: 429
Merit: 100
after this major price correction. i want to see what are your ideas on this. lets say you bought bitcoin 2 years ago. you notice prices were high at 19,000$ should u sell or continue to hold? what are your thoughts after this huge correction?

it is probably too late to sell after holding since the 19000$ correction.
No it is not too late. Holding is just more advisable at this momenst because as we can see, its msrket value is now low due to the crash last time. Hold and invest now because this is a huge opportunity to earn huge profit. Its market price is now recovering and it is something to look forward with.
member
Activity: 714
Merit: 11
BountyMarketCap
better to hold for a long time than to buy at high prices and sell at low prices, we certainly don't want to lose right? so just hold it off rather than get a lot of losses.
jr. member
Activity: 140
Merit: 2
You should sell it since the risk is a big factor with cryptocurrencies. If there is a 2x or 3x appreciation in your value, I think you should be that greedy and take the money just to be safe.
full member
Activity: 420
Merit: 102
Arianee:Smart-link Connecting Owners,Assets,Brands
after this major price correction. i want to see what are your ideas on this. lets say you bought bitcoin 2 years ago. you notice prices were high at 19,000$ should u sell or continue to hold? what are your thoughts after this huge correction?

it is probably too late to sell after holding since the 19000$ correction.

As for me, to have held bitcoin to the point of reaching 19000$ will be a sell off! What else would I be waiting for? With the present correction that has happened, there is going to be a rebuilding of price again. So, you could come in now; buy. Then sell when you feel you have made some profit or HODL till when it reaches the 19000$ again!

Well it depends on hiw you actually see bitcoin the first time you've known it. Selling at 19k from less than 1k capital is a whole lot of profit but if you see bitcoin as a long time investment, you won't mind seeing a drop from 20k to 6k.
Buy high and sell low should happen when you’re sure that a business is going to end soon, so you try to sell everything off to avoid loss. But as for Bitcoin, I’m very sure it’s not ending anytime soon, so there is no reason for you to buy high and sell low.

It will be much better to wait, no matter how long it takes, even if it’s a year, it will still rise. So my advise is for you to buy and hold till the price rises so you will sell with profit.
Nobody in the crypto world wants to see the loss all are investing to get the profit if that is the case why they will sell when the price is low especially when the coins are brought during high. So it is better to wait for a period of time when the price increases then sell for the profit this formula will be followed everywhere.
hero member
Activity: 1036
Merit: 500
after this major price correction. i want to see what are your ideas on this. lets say you bought bitcoin 2 years ago. you notice prices were high at 19,000$ should u sell or continue to hold? what are your thoughts after this huge correction?

it is probably too late to sell after holding since the 19000$ correction.

As for me, to have held bitcoin to the point of reaching 19000$ will be a sell off! What else would I be waiting for? With the present correction that has happened, there is going to be a rebuilding of price again. So, you could come in now; buy. Then sell when you feel you have made some profit or HODL till when it reaches the 19000$ again!

Well it depends on hiw you actually see bitcoin the first time you've known it. Selling at 19k from less than 1k capital is a whole lot of profit but if you see bitcoin as a long time investment, you won't mind seeing a drop from 20k to 6k.
Buy high and sell low should happen when you’re sure that a business is going to end soon, so you try to sell everything off to avoid loss. But as for Bitcoin, I’m very sure it’s not ending anytime soon, so there is no reason for you to buy high and sell low.

It will be much better to wait, no matter how long it takes, even if it’s a year, it will still rise. So my advise is for you to buy and hold till the price rises so you will sell with profit.
member
Activity: 158
Merit: 10
after this major price correction. i want to see what are your ideas on this. lets say you bought bitcoin 2 years ago. you notice prices were high at 19,000$ should u sell or continue to hold? what are your thoughts after this huge correction?

it is probably too late to sell after holding since the 19000$ correction.
I would choose to buy high and sell low. Most people with less capital will usually choose the above scheme. A hold is a form of business that has a lot of risk. My friends usually hold the altcoins but after a few months they are still not profitable from the way they work.
Their money could go up to $ 5,000 but that would be lost in just five minutes. It is very risky to keep the altcoins.
member
Activity: 182
Merit: 10
after this major price correction. i want to see what are your ideas on this. lets say you bought bitcoin 2 years ago. you notice prices were high at 19,000$ should u sell or continue to hold? what are your thoughts after this huge correction?

it is probably too late to sell after holding since the 19000$ correction.
after waiting for how many months,i should choose to hold my bitcoin,until the time that the price of bitcoin will be higher and higher then that's the time i will sell mine.
member
Activity: 276
Merit: 11
Because panic can happen we can not predict when bitcoin rises and falls. We buy at that price with the possibility of the price going up. But actually the price is even more down. Maybe that's what causes the buy with a high price and sell cheaply. But I think it's better to restrain him
jr. member
Activity: 89
Merit: 5
GuestCrew
Generally saying, I sell some and hold some. If I had bought bitcoins 2 years ago at prices below $1k - then I can still sell at $10k+ that is if I had lost the opportunity to sell at $20k levels,

However, like i said, I sell some when the prices are really high - that way I have enough funds on my hands to buy if the prices goes low or hold if the prices goes up.

Now, if the prices are really falling, it isn't ever about the amount - it is always about how many units of the currency you are holding, because we all know that the price will ultimately go up and when it does, only the number of coins that you hold now will matter.

To understand this further, say you have 100 coins that are of value $100. If the price goes down to say $90, you can sell some and recover your funds - then when the price goes further down you can buy $90 worth of the same coin which might get you 105 coin!

So, it all depends on your approach!
full member
Activity: 462
Merit: 100
MYCRYPTOBANK.IO
As you said if I bought bitcoin 2 years ago and I saw that if I was late to sell it when the price goes to $ 19,000, then I don't need to be confused about the current price because I've already earned 10 times profit since the purchase of bitcoin 2 years ago.  Roll Eyes
member
Activity: 193
Merit: 83
after this major price correction. i want to see what are your ideas on this. lets say you bought bitcoin 2 years ago. you notice prices were high at 19,000$ should u sell or continue to hold? what are your thoughts after this huge correction?

it is probably too late to sell after holding since the 19000$ correction.
For me, even we are seeing the current scenario wherein the price of Bitcoin is suffering into a continuous dump, I will still tend to just keep on holding into my initial Bitcoin holding because I believe that if Bitcoin has already done to rise up its price, I am pretty sure that it can do the same thing once again for the sake of earning the greatest benefits when the Bitcoin price bumps up the top again which will be beneficial for us who keep on holding and still believing into the capability of Bitcoin to grow up again.
sr. member
Activity: 812
Merit: 262
I suggest to continue to buy and never sell in the near future, bitcoin prices will skyrocket as china's new year is over and the biggest bitcoin user china soon buys bitcoin.
It was really good to hold than to buy at a high value and sell it in a low price because it was like you are wastinv your money. When you hold it was a high percentage to earn and get more profit. I think holding until the near future was not a good idea, maybe you set a price and when it reach the  sell your bitcoin to make sure of your profit.
jr. member
Activity: 162
Merit: 1
Buying high and selling low is suicide in my book. I mean why do that? The only possible reason I see is keeping your losses to a minimum, keyword here being "losses". In choosing between the two, I'd rather hold. Educating yourself with the trends will help out but it doesn't end there, similar to what was mentioned earlier, instinct or gut feeling would sometimes play pivotal roles.
sr. member
Activity: 420
Merit: 250
My suggestion for you is to hold your present coin if ever you already have a couple of coins hodled but since the correction bitcoins price now has slowly increased so I can't say you should buy low and sell high. Obviously the altcoins now are decreasing but it is not an assurance when they will increase back again because bitcoin might skyrockets to a thousand dollars more in the next few weeks.
newbie
Activity: 275
Merit: 0
after this major price correction. i want to see what are your ideas on this. lets say you bought bitcoin 2 years ago. you notice prices were high at 19,000$ should u sell or continue to hold? what are your thoughts after this huge correction?

it is probably too late to sell after holding since the 19000$ correction.

Do not panic for the current bitcoin price, be patient and hold your bitcoin, do not worry too much, because bitcoin will soon rise again. You will lose your profit if you sell bitcoin at this time.
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