buy high and sell low. or hold which one is it? - page 5.

MFahad

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Eloncoin.org - Mars, here we come!

Quote from: Bobocantik on April 13, 2018, 07:57:11 PM

I think, hold it better than cut loss. If you are expert trader. You must know when price will go up and price will go down. If you just buy without knowledge about fundamental strategy then you can panic when price going down and do cut loss. I recommend just hold it until price go up again.

If he is expert trader then definitely he don't need to ask us. Actually when trader see the loss then sometime expert and experience trader also feel panic. In this situation, we should hold our coins at least it is better then to sell coins in loss. But agree with you, we should know about our coins which we want to buy without knowledge and information definitely we will have loss and feel panic.

Sled

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Quote from: josh07 on April 18, 2018, 09:46:18 PM

for me it depends on the person that's exactly what his strategy is if I'm just asking you to like to sell more than sells because I'm just curious but it really depends on the person that's what's best for him.

Most of the time it is best to just hold bitcoin and keep it for long term rather than selling it because there is no benefits of selling rather than temporary happiness that you cashed out your money and you secure your profit from bitcoin but if you will just hold and try to grow it by trying different type of methods like trading then you can become happier in the future.

francis2

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Quote from: bitcoinsc on February 06, 2018, 01:56:57 AM

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.

At the end it will depend on your expectations of the price of bitcoin, if you do not really believe the price is going to go that much higher then it could be a good idea to sell once we reach that price again, but if your expectations out of bitcoin are high and you are willing to hold for such a long time then it will be a huge mistake to sell sooner than that.

josh07

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for me it depends on the person that's exactly what his strategy is if I'm just asking you to like to sell more than sells because I'm just curious but it really depends on the person that's what's best for him.

imstillthebest

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Quote from: EnricoGomez on April 13, 2018, 08:47:03 PM

In my opinion, I would continue to hold my bitcoin for now
Many believe the value of it has a great potential in the future - just look at its growth in the last decade
Rise and fall of bitcoin is only natural so it is definitely important not to panic when it drips

Same here i do also hold my bitcoin for now because i see that btc prices are still verry low although i wouldnt even loose if i will sell some of my btc, due to the fact that i did not invest any single cents on them . I only earned my btc thru campaigns ( social media and signature ) and also to some bitcoin faucets.

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Re: buy high and sell low. or hold which one is it

buy high and sell low? Seriously? You wont probably earn a profit if you use that kind of strategy. I guess that is only a typo error. What you really mean to say is buy low and sell high because that is the most common strategy when doing trades or investing.

EnricoGomez

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In my opinion, I would continue to hold my bitcoin for now
Many believe the value of it has a great potential in the future - just look at its growth in the last decade
Rise and fall of bitcoin is only natural so it is definitely important not to panic when it drips

Sofiyah

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if I buy bitcoin 2 years ago and now the bitcoin price is high enough, I'll sell it. I'm looking for profit instead of looking for long-term investments. if it already has a profit then I will immediately sell. but if the price is still the same or down, maybe I'll hold it much longer to wait for its price to go up.

Bobocantik

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I think, hold it better than cut loss. If you are expert trader. You must know when price will go up and price will go down. If you just buy without knowledge about fundamental strategy then you can panic when price going down and do cut loss. I recommend just hold it until price go up again.

Nylelyn

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Being stuck in this kind of situation really is a little confusing. You might be on the verge of thinking whether you want to sell it at a lower price because looking at the bitcoin value continually dumps really hurts. However, what I can say is that it is okay to sell it at a prevailing lower price if you have better and sure investment that will recover your money. But then if you do not have specific plan, then better to hold it since we have passed already few months after 2018, I am also in the same situation so I intent to hold on to my faith that Bitcoin will rise up and prove that it is the king of all altcoins.

Kittygalore

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More likely I will hold. Selling it right now will indeed make me lose some profit which I cannot afford on getting. So right now the best thing to do that I know is to hold till bitcoin gets a price increase and then I can sell my bitcoins and have profit. It's just a cycle I'll buy bitcons again when the prices go down. It's just that because I know bitcoin's price always goes up whenever it falls down and I want the profit that much.

mickeybuddy27

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Quote from: TheClownSong on April 07, 2018, 10:34:07 PM

Quote from: xbl1008 on March 31, 2018, 07:29:47 AM

well it depends on how many hours can you afford to observe the market if you cann stay all day monitoring the trend then trading is for you but if you can't do it all day you might hold your fort to minimize mistakes on your trades.

To observe market, its require technical analysis skills. But if we want to minimizing our mistakes, its better to learn and studying about technical analysis. Many indicator that we can learn to avoid buying at high and selling at bottom

Taking lot of time monitoring the market will make you panic specially if that graph falling down, instead make something where you can put your attention, because it will affect your emotion unless you are strongly handle with it. Good to do is to analyze the market, sell when you see that it will continue to drop and then buy the same coin when the price is low than you sell. It will help to grow the coin not by the value but by the amount. It will be more profitable then when it actually increase.

tumokatok

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Quote from: amih on March 15, 2018, 06:56:15 AM

I advise you to keep it afloat for situations like this if you make a sale at a low price point you will not get anything you want. otherwise you can get it on another coin but first you should do a research about coin that you will invest in order to find a coin that has a good chance.

Maybe that's what causes the buy with a high price and sell cheaply. But I think it's better to restrain him. 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

AndrewBrown

newbie

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Why would you want to buy high and sell low? Surely you know that you are losing money that way. What you should do if you bought at a high price is to hold and wait for the next bull market to come around before you start thinking about selling.

mel1978

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Quote from: bitcoinsc on February 06, 2018, 01:56:57 AM

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 still hold it since the price now is very low compare to the price I bought. I believe bitcoin will soon to increase its price. I need to be positive so that I will not get hurt but that should be.

neonshium

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Quote from: icoworld on April 07, 2018, 06:51:00 PM

you need to buy when prices are lowered and not vice versa because it is reasonable in terms of wasting your money, but you need to keep it until the moment when the price suits you

The best option at present is holding your coins silently because the market is obviously not for the sellers at all at present and even if someone dares selling off their coins, they are going to face a huge loss, nothing else. The best thing we can do right now for saving our investments is to simply hold them as much as long. The thing is that we are not here for losing money, we are here to make money for future.

HSRP

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Buying high and selling low is called trading on the principle of surfing. This means that the cryptocurrency market is similar to other investment markets. And based on the principle of surfing, investors monitor, update and analyze to be able to find their profits when trading on the market cryptocurrency.

Xcode7

sr. member

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Automatic now there is only 1 solution that is holding and buying. said sell we have to be patient to survive. the current price is very drop to sell

goku19

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I think hodl is for those who cannot give much time in the bitcoin trading so best thing for them is to buy a decent amount once and forget it for couple of years..other wise it’s a good thing to buy low sell high..watch the market and keep continue on this

barontamago

newbie

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I think it is better to hold it until you can get profits than to sell it low if you bought it in high. If it's me, I will set price that I will wait until selling my coins then sell the half and hold the half and wait until it increase again.

ubitcoin

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Quote from: putrii on April 07, 2018, 11:17:01 PM

Quote from: bitcoinsc on February 06, 2018, 01:56:57 AM

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 prefer to buy cheap and sell it at a high price if the price has not touched an expensive price then I will decide to hold it forever until the price becomes very expensive never to sell it when the price is cheap.

That is what everyone tries to do but people fail to do so because of many reasons. Practically, it ain’t easy in the world of crypto coins, especially bitcoin because of their fluctuating nature. But if a person holds his coin during the dips and sell it out whenever a specific set target is achieved, he can earn good amount of money.In crypto world, every kind of situation is temporary.

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