it is also worth mentioning the first rule of investment which is "invest what you can afford to lose" and if you do it then all the damned scenarios won't matter anymore. for example if i have invested $100 and i can afford to lose it then even if price were to drop to zero then i wouldn't have minded it at all.
but i like the idea of "profit taking" and i have been doing it in the past 4 years too but you only take profit while still in profit, on the top of the peak, in a bubble, after a rally,... but never after all these are done and price has fallen. for instance right now price is more than 60% lower than the price that you should have sold at!
Topic: Damned if you do, Damned if you don't - Sell ;-> (Read 236 times)
hahahah I feel it too, when I sell at the low price after I sell the price is going to high but when i hold it and hope that the price rising up the price will going down, i agree with you that holding is a good action because as we can see that if we hold our coin we can get the chance the price going up, but when we sell it we don't have any chance to feel the high price 
Rather than selling coins on loss its better that the price goes up and people sell it to good amount of profit. There're people who are investing on this field without doing any research and facing losses which is why they are blaming crypto currency. Rather than doin so research and study before you invest.
We cannot actually blame them because we don`t know actually the flow of the chart and besides if they really needed the money that`s the time you cannot actually hold for last your coins unless you will sell it. People who actually blame the crypto currency is maybe i think they have regrets in there life why they sell there coins even if they have recovered the money they invested.
Yes holding is good,but a smaller portion of bitcoin must be sold at ATH so that we would not get disappointed even if price rises or falls.We must follow a plan of selling 20 percent of our holdings when price rises and buy back the same when price falls so that we would enjoy the profit as well as hold our coins for the upcoming ATH.
But as far as bitcoin is concerned,as we all know that it's price either increases or falls regularly,there is no need to worry about either if held or sold.
But as far as bitcoin is concerned,as we all know that it's price either increases or falls regularly,there is no need to worry about either if held or sold.
Well its depend on your strategy to make profit, if you already understand about the market then you will put stop lost when you invest in some coin, and you already had your profit percentage in your mind, we can't predict exactly the price, so i don't want to be greedy, when its already pass my limit, I observe the market one more time, if the situation is not too good then I take action, there is always risk when we invest, but when you already got experience you will know when to sell and when to hold
Haha you're right people are too much into holding, but if everyone is holding and no bitcoin is rotating, I think this is one reason of its slow progress.
Rather than selling coins on loss its better that the price goes up and people sell it to good amount of profit. There're people who are investing on this field without doing any research and facing losses which is why they are blaming crypto currency. Rather than doin so research and study before you invest.
I think this totally depends on you and you desire for earning profit. If you want toearn more profit then you will have to bear the risk for selling it when you were getting some profit. The price may go down again and you keep on regreting. My suggestion is to earn a optimal profit and not to be too much greedy.
If the profit has increased to a point where you want to sell, you should actually sell your enough to get your principal back. That way you can get your money back, while still keeping your profits invested.
lesson one
never put all your eggs into one basket
never put all your eggs into one basket
I think this totally depends on you and you desire for earning profit. If you want toearn more profit then you will have to bear the risk for selling it when you were getting some profit. The price may go down again and you keep on regreting. My suggestion is to earn a optimal profit and not to be too much greedy.
Have you every felt like this before?
If you Sell your coins now {because you panicked} and the price goes back or even past the ATH, then you are damned and
if you do not Sell and the price goes to ZERO, then you are damned too. That is the risk we take... right?
If you Sell your coins now {because you panicked} and the price goes back or even past the ATH, then you are damned and
if you do not Sell and the price goes to ZERO, then you are damned too. That is the risk we take... right?
This is quite a sign of addiction. From watching each and every movement of Bitcoin on exchanges to overthinking each action you do or did in the past.
And this is what the seasoned traders / whales will profit on.
Usually the rules of the hoarder tell that buying or selling smaller amounts from time to time are a good strategy. But actually each and every one has to find the strategy that suits them best, because different people have different needs and available funds.
I would have thought that the first rule should be to abandon greed and to focus on reaching your return on investment stage
and then to focus on using other people's money {for profits} to eliminate the risk.
The only way to reach that goal is totake smaller profits when you can and then start trading with your profits. {securing your original capital investment} Your
secondary goal should be to avoid a scenario where the price of the Crypto currency goes to ZERO and that all your money
is still invested in that coin. {By taking small profits you reduce your risk and you avoid regrets later, if the coins fail.}
Have you every felt like this before?
If you Sell your coins now {because you panicked} and the price goes back or even past the ATH, then you are damned and
if you do not Sell and the price goes to ZERO, then you are damned too. That is the risk we take... right?
If you Sell your coins now {because you panicked} and the price goes back or even past the ATH, then you are damned and
if you do not Sell and the price goes to ZERO, then you are damned too. That is the risk we take... right?
This is quite a sign of addiction. From watching each and every movement of Bitcoin on exchanges to overthinking each action you do or did in the past.
And this is what the seasoned traders / whales will profit on.
Usually the rules of the hoarder tell that buying or selling smaller amounts from time to time are a good strategy. But actually each and every one has to find the strategy that suits them best, because different people have different needs and available funds.
As i know every market for sure not always going up . its not even on crypto . in stock market also same thing but different concept and system .
what i do is just follow trend market . if there market was trend goin down and what i believe in chart price will more down im prefer to buyback at lower price and also the opposite .
and yeah i know crypto is unpredicatable but the chance is higher when follow trend market .
what i do is just follow trend market . if there market was trend goin down and what i believe in chart price will more down im prefer to buyback at lower price and also the opposite .
and yeah i know crypto is unpredicatable but the chance is higher when follow trend market .
Have you every felt like this before?
If you Sell your coins now {because you panicked} and the price goes back or even past the ATH, then you are damned and
if you do not Sell and the price goes to ZERO, then you are damned too. That is the risk we take... right?
Wrong! If you take some profits when the price increase {not all your coins} then you will not regret it when the price
goes to ZERO and even if the price goes to the Moon, then you will still have enough skin in the game to make some very good
profits.
Hoarding/Hodling is good, but you have to manage the risk, by taking profits on the way up to the Moon Or to ZERO.
Let's all be WINNERS in the END, no matter what the outcome of this experiment is.
If you Sell your coins now {because you panicked} and the price goes back or even past the ATH, then you are damned and
if you do not Sell and the price goes to ZERO, then you are damned too. That is the risk we take... right?
Wrong! If you take some profits when the price increase {not all your coins} then you will not regret it when the price
goes to ZERO and even if the price goes to the Moon, then you will still have enough skin in the game to make some very good
profits.
Hoarding/Hodling is good, but you have to manage the risk, by taking profits on the way up to the Moon Or to ZERO.
Let's all be WINNERS in the END, no matter what the outcome of this experiment is.
That is every cryptocurrency users dillema especially when this comes on the heels of a hugh dump. You would always assume that your worst enemy is getting impatient or getting confident that this is the best price you can have. That is our downfall especially when we are blinf yo how we can be able to have pur wins into kore wins. We have to accept that occasional losses are a part of it too and that is how we can be better traders, sellers and cryptocurrency users
Have you every felt like this before?
If you Sell your coins now {because you panicked} and the price goes back or even past the ATH, then you are damned and
if you do not Sell and the price goes to ZERO, then you are damned too. That is the risk we take... right?
Wrong! If you take some profits when the price increase {not all your coins} then you will not regret it when the price
goes to ZERO and even if the price goes to the Moon, then you will still have enough skin in the game to make some very good
profits.
Hoarding/Hodling is good, but you have to manage the risk, by taking profits on the way up to the Moon Or to ZERO.
Let's all be WINNERS in the END, no matter what the outcome of this experiment is.
I think scalping strategy is the best option if you want to earn out of your coin holdings. In scalping you can sell if the price go up a little and buy back when it goes down and sell again if it go up again. Although your strategy is good but i think you have to determine first if your coin is worth holding, try to make some analysis and research on the project if it is worth holding or dump. If you Sell your coins now {because you panicked} and the price goes back or even past the ATH, then you are damned and
if you do not Sell and the price goes to ZERO, then you are damned too. That is the risk we take... right?
Wrong! If you take some profits when the price increase {not all your coins} then you will not regret it when the price
goes to ZERO and even if the price goes to the Moon, then you will still have enough skin in the game to make some very good
profits.
Hoarding/Hodling is good, but you have to manage the risk, by taking profits on the way up to the Moon Or to ZERO.
Let's all be WINNERS in the END, no matter what the outcome of this experiment is.
Have you every felt like this before?
If you Sell your coins now {because you panicked} and the price goes back or even past the ATH, then you are damned and
if you do not Sell and the price goes to ZERO, then you are damned too. That is the risk we take... right?
Wrong! If you take some profits when the price increase {not all your coins} then you will not regret it when the price
goes to ZERO and even if the price goes to the Moon, then you will still have enough skin in the game to make some very good
profits.
Hoarding/Hodling is good, but you have to manage the risk, by taking profits on the way up to the Moon Or to ZERO.
Let's all be WINNERS in the END, no matter what the outcome of this experiment is.
If you Sell your coins now {because you panicked} and the price goes back or even past the ATH, then you are damned and
if you do not Sell and the price goes to ZERO, then you are damned too. That is the risk we take... right?
Wrong! If you take some profits when the price increase {not all your coins} then you will not regret it when the price
goes to ZERO and even if the price goes to the Moon, then you will still have enough skin in the game to make some very good
profits.
Hoarding/Hodling is good, but you have to manage the risk, by taking profits on the way up to the Moon Or to ZERO.
Let's all be WINNERS in the END, no matter what the outcome of this experiment is.
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