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Topic: Cryptocurrency investment - page 23. (Read 2992 times)

copper member
Activity: 966
Merit: 5
March 30, 2019, 01:32:30 PM
#80
Yes you have spoken well, but the question now is; when is the right time to sell? In my own opinion, once you are in profit, you are free to sell. Waiting for that particular sell order might lead to being trapped, unless there is good updates within the project that will cause more spike in price.
full member
Activity: 700
Merit: 102
March 30, 2019, 01:31:16 PM
#79
That's the most important thing in crypto. It's true, many people are impatient when they want to sell their altcoins. Because they panicked when the altcoin price dropped and we should indeed be patient until a good price arrived. That's when we will sell it.
panic and fear are natural because the current conditions and situation are experiencing a very drastic downturn and all developments depend on their own investors confidence and patience are the main capital in investment
full member
Activity: 1498
Merit: 146
March 30, 2019, 01:06:07 PM
#78
I used to get worked up over a loss in cryptocurrency not until I realized that these losses can be mitigated using the right investment strategy.
Investing and holding a coin is not the issue here, the issue is knowing when to sell.
The most successful investors are those who know when exactly to sell.
And to do that, one need doses of patience so as not to fomo and sell at loss.
The difference between the rich and the poor is simply the ability to know the right time to sell.

No body knows what is the exact time to sell,the one who are most successful planned their investment and they will sell when they got enough profits and the people who never be satisfied even if they made huge amount they will be looking for more and more finally they will be in loss,control your greed if you want profits from your investment.
sr. member
Activity: 840
Merit: 250
March 30, 2019, 12:58:36 PM
#77
Yeah, but how can you know that it is the right time to sell? No one ever know that. So it's just luck.
full member
Activity: 926
Merit: 100
March 30, 2019, 05:26:49 AM
#76
It's a great opportunity to invest in cryptocurrency today because it is an opportunity to have a bullrun this year because of the good market of the crypto market. Even what two investments can be short term or long term investment is good to see We now increase  of coins price will attract investors.
I think at this time the price of cryptocurrency has gone up a lot and I prefer to make sales when this moment is because there are so many altcoin prices that go up, when buying cryptocurrency should be when prices fall, not when prices rise.
jr. member
Activity: 322
Merit: 1
March 30, 2019, 05:21:32 AM
#75
crypto market is hard to guess now prices fall easily and up only investors who understand and follow the flow of news from the coins he bought able to make a profit

Agree. First things first we need to know when to sell and when to buy. Also the risk of investing in every investment.
jr. member
Activity: 224
Merit: 1
March 30, 2019, 05:16:00 AM
#74
It's a great opportunity to invest in cryptocurrency today because it is an opportunity to have a bullrun this year because of the good market of the crypto market. Even what two investments can be short term or long term investment is good to see We now increase  of coins price will attract investors.
copper member
Activity: 266
Merit: 0
March 30, 2019, 04:58:22 AM
#73
I used to get worked up over a loss in cryptocurrency not until I realized that these losses can be mitigated using the right investment strategy.
Investing and holding a coin is not the issue here, the issue is knowing when to sell.
The most successful investors are those who know when exactly to sell.
And to do that, one need doses of patience so as not to fomo and sell at loss.
The difference between the rich and the poor is simply the ability to know the right time to sell.

And that's why those people who got involved in cryptocurrency without knowledge is accumulating a lot of losses because they do not know what they are doing. They only know how to buy but they don't know when to sell their assets to get have great profit.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
March 30, 2019, 04:38:33 AM
#72
a very good point by OP.
i want to add that most newcomers to this market have so little experience in trading in general and they have even less experience in the altcoin market and that is their main source of failure.
what OP is saying comes down to that having or not having the experience. you need to be able to predict the end of the pumps to be able to sell at the right time and take your profit out. otherwise you sell at a loss or worse you end up bag holding and lose all your money.
full member
Activity: 1092
Merit: 105
Sugars.zone | DatingFi - Earn for Posting
March 30, 2019, 04:32:18 AM
#71
Investing in crypto currency is a very profitable occupation, provided that you are willing to wait for years, if you expect to make quick money by investing the last money, then you will be disappointed.
sr. member
Activity: 812
Merit: 256
March 30, 2019, 04:07:12 AM
#70
Well said, but when is the right time to sell? For me, I will set a target price to sell the coins I have invested in. I will hold till the coins reach the target prices and ignore any fuds before the coins reach the target prices. So far, this method work well for me.
jr. member
Activity: 434
Merit: 1
March 30, 2019, 04:05:48 AM
#69
Go outside and I'm pretty sure that there are so many jobs available which you can apply rather than work at home with no interaction with other people like being an ignorant.
jr. member
Activity: 1162
Merit: 1
Base.protocol
March 30, 2019, 04:05:12 AM
#68
You are right. Knowing when to sell and avoiding regretting your actions are key to success in this market. Sometimes you sell and it move up the more. While, sometimes you decide not to sell because of past experience the whole market collapses. So always don't regret.
jr. member
Activity: 201
Merit: 1
March 30, 2019, 03:45:01 AM
#67
cryptocurrency investment to me now is a risk due to the market issue.i dont even have any interest in investing in any ico due to many reasons

(1) some ico just team up to scam which will be a great loss for investors

(2) After investing with huge amount the ico will still bring loss after listing they might get listed at a very low rate to the ico price

(3) there is no tendency that the ico wont pack off in no time

(4) some ico wont refund the actual amount

 i think with this investing in cryptocurrency in a great risk 
member
Activity: 616
Merit: 10
March 30, 2019, 03:25:37 AM
#66
Not even single worried about them who are not succeed by joining the bounty because why you have just not applied for a real job instead.
member
Activity: 308
Merit: 10
March 30, 2019, 03:21:46 AM
#65
It does require skills and knowledge to be able to manage risk, from experience it will make it more careful and have a wise attitude to overcome every problem. This can see those who are skilled at taking risks and understanding the moving market. Don't give up on conditions but keep trying to conquer market conditions.
only smart people can manage risk well so they can succeed.
if the person remains optimistic, he will not give up easily.
the risks that occur can be learning so that in the future it can be better.
indeed in the Cryptocurrency market you can lose and also you can big profits so you can get rich.
to get everything, you need time and need hard work.
full member
Activity: 602
Merit: 100
VANM - VIRAL ADVERTISING NETWORK MINING
March 30, 2019, 02:52:28 AM
#64
It does require skills and knowledge to be able to manage risk, from experience it will make it more careful and have a wise attitude to overcome every problem. This can see those who are skilled at taking risks and understanding the moving market. Don't give up on conditions but keep trying to conquer market conditions.
jr. member
Activity: 121
Merit: 3
I AM HODLING !!!
March 30, 2019, 02:26:46 AM
#63
Nice, I agree with you. Buy and sell with the right time is very important in the world of cryptocurrency to get maximum profit.
I think we can buy when there is bad news and sell when there is good news.

What do you think ? can it be said the right time to buy and sell ?
full member
Activity: 899
Merit: 101
March 30, 2019, 02:25:17 AM
#62
I used to get worked up over a loss in cryptocurrency not until I realized that these losses can be mitigated using the right investment strategy.
Investing and holding a coin is not the issue here, the issue is knowing when to sell.
The most successful investors are those who know when exactly to sell.
And to do that, one need doses of patience so as not to fomo and sell at loss.
The difference between the rich and the poor is simply the ability to know the right time to sell.


Its not easy to predict when the right time to sell or when we want to buy. Its need technical analysis skill and i think we should learn from books or website. I am agree that if we want to maximizing our profits, timing is important but i think not anyone can do that thing
most of new investors didnt have this skill.so much of them now suffering loss easily.if we prepare ourself with some skill such as technical analysis i am sure we will not suffered huge losses in this market.we understand how to manage the risk by using several technique.
full member
Activity: 378
Merit: 105
MoonDeFi
March 30, 2019, 02:11:05 AM
#61
right, besides that we also have to have strong analytical skills to read coin price movements and wait for the right time to sell the coins, that's what they do to be able to benefit from their investments.
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