Topic: Did you fall for the current dip and sell off - page 6. (Read 1009 times)
I am not from panic sellers. I am a long term holder. I will hold my altcoins until my target profit. I don't know why people sell their alts In dip. Don't they know that after big dip there will be good pump in Market.
It is actually quite confusing on learning what's best to do in this kind of situation. There are many people who surely considered hodl instead of selling due to what they experienced before during the last bear market we experienced on 2018. They now have higher faith that no matter how long it will take, they will believe that the market will soon recover again. On the other hand, some people just doesn't have enough faith on crypto that's why they sell off and other circumstances might have pushed them to do so.
Each one of us have different reasons on selling or holding of coins.
One is that they sell off there coin to diversify into other good coin or else they can't control their emotion which result to bad decision making.
One thing that we can do with the coin that is lossing its value upon purchasing when market goes bloodbath is stick to plan until it bounce back in time.
One is that they sell off there coin to diversify into other good coin or else they can't control their emotion which result to bad decision making.
One thing that we can do with the coin that is lossing its value upon purchasing when market goes bloodbath is stick to plan until it bounce back in time.
legendary
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Well, personally, i used to be one of those many that will sell off my coins when I noticed the market is dipping, but now, I've gone passed that stage, and to be sincere to the question asked by the OP, yes, I did sell a little amount of Ethereum coin I had yesterday, but this wasn't because of panic due to the market down turn, I sold it for usdt because I want to invest the money in another coin, though to be sincere, if I had waited and sold my Ethereum today, I would have gotten more usdt and the amount of tokens I bought yesterday would have been much more today, but this is not how I see this things, cus it could have been the other way round.
So I believe anyone who sold some or all their coins during the dip has their own reason why they did what they did and shouldn't be blamed, allow them to blame their selves if they actually panic sold.
So I believe anyone who sold some or all their coins during the dip has their own reason why they did what they did and shouldn't be blamed, allow them to blame their selves if they actually panic sold.
Honestly wanted to ask and to discovered the newbies among us. i though of creating a vote but it is not Necessary. i really wanted to ask if there are members of this community that sold off during the last dip thinking that the market has crashed. alot of friends kept complaining that bitcoin and alts will go deep down and it will take months before coming back.
Really wanted to find out people that lost their grip and sold off. what really was your main reason for NOT holding...
Really wanted to find out people that lost their grip and sold off. what really was your main reason for NOT holding...
Everything happen under the sun if you begin to trade the cryptos, yes it always happen, that's why the whales are so happy by buying the cheap coin coming from the weak hand,
Really wanted to find out people that lost their grip and sold off. what really was your main reason for NOT holding...
You should sell at the right time to make profit, then you will be able to collect it from the dip. Everyone has a solid reason, but I work for more. In the past years, while everyone was waiting $100k, btc price fell to the bottom at the end of the year. Since I thought the same scene will experience this year, I have exchanged half of portfolio to usdt from the good price. Prices have reached unexpected peaks, but now it is time to come down a little bit. Good thing is that I still keep holding, I am already trusted bitcoin and once it goes down, I will still hold and it and will not hesitate of selling it, I know that bitcoin can reach the new ATH again within this year, despite of many FUDS, bitcoin is still strong and keeps on reaching for about $35000, do no sell while in dip, you will literally lose your money from that, just keep holding it and buy more.
I hope you were right but I not sure that there is another ATH happening this year. Whether you believe me or not, but we are done already with the ATH. What we got now is a huge correction and if ever there is a recovery (where we just hope to commence), I'm not going to say that it leads to a new ATH.I'm not going to say that holding is the best thing we have to do now, but we have to consider your current situation coz if it seems that you in profit now, I suggest doing the selling. Not all holding gives positive results, many were also suffering losses. And might possibly happen to you.
It is no longer strange that panic is a natural trait experienced by all traders. except for those who really understand that the crypto trading cycle is just the way it is. those who sell because they are carried away by FUD which destroys the future. selling at a risk which will be a regret later on.
Yes there are many traders who sell their assets in panic when prices fall but it is foolish in the crypto market the price of currencies goes down but later the price doubles. Therefore it should be held without selling I sold half of it and left half so that I would not have to regret it if the price went up later. 
honestly i am sold some of my assets, but i use it to rebuy again so i could accumulate my coins amount no matter its value in dollar decrease alot. i am believe this is the whales scenario to get cheap price,and if i could hold it as long as roadmap planned well everything will be okay. previous bloody market at 2017 i met it so history will repeat it self.
Good thing is that I still keep holding, I am already trusted bitcoin and once it goes down, I will still hold and it and will not hesitate of selling it, I know that bitcoin can reach the new ATH again within this year, despite of many FUDS, bitcoin is still strong and keeps on reaching for about $35000, do no sell while in dip, you will literally lose your money from that, just keep holding it and buy more.
I'm sure there will be people selling when the dip happens. many panicked people ended up selling some or all of their assets. In fact, some people have already made threads and talked about their losses. however, the principle that I hold is still quite strong, I don't sell when the price is high, and when the price goes down, I have to be strong to hold it
It is no longer strange that panic is a natural trait experienced by all traders. except for those who really understand that the crypto trading cycle is just the way it is. those who sell because they are carried away by FUD which destroys the future. selling at a risk which will be a regret later on.
I already convert to usdt when I smell something wrong with the trends starting with what they call shitcoins starting to go up rapidly in the price with a just tweet and people posting about it, before the downtrend starts I immediately switch to usdt, and after a few days it really happens I did not know it will happen but, with my experience in 2017, the same thing happens, with that, I earn some by buying it at the lowest price.
There are investors (mostly newbies) who sell their coins during this dip for some reasons, the most common is because of fud. When the market is moving downward, its quite common to think of bad scenarios that can happen. But for new investors who are not familiar on the market or didnt see this coming, panic is hitting them that lead to selling off. While some of us are already in need of money especially this time of pandemic and has no choice but to sell at loss.
In my case I didnt sell because I used to see the market turning ups and down. Its the advantage of investors who already been here for years to experience different situations. Thats why its a must to know what you're getting into before investing your hard earned money.
In my case I didnt sell because I used to see the market turning ups and down. Its the advantage of investors who already been here for years to experience different situations. Thats why its a must to know what you're getting into before investing your hard earned money.
Honestly wanted to ask and to discovered the newbies among us. i though of creating a vote but it is not Necessary. i really wanted to ask if there are members of this community that sold off during the last dip thinking that the market has crashed. alot of friends kept complaining that bitcoin and alts will go deep down and it will take months before coming back.
Really wanted to find out people that lost their grip and sold off. what really was your main reason for NOT holding...
I both doing the same, selling and holding. Really wanted to find out people that lost their grip and sold off. what really was your main reason for NOT holding...
I may not call myself being a panic seller but the purpose of selling is to secure my capital which is think was very important rather than to lose everything we have because of that word HOLD. To be honest, I'm no fan of holding for long, I definitely have to sell if there is a chance. Because I was been trick by such a word HOLD before, yeah, I do hold for many years but nothing happens. So I don't want to make it happen again.
Honestly wanted to ask and to discovered the newbies among us. i though of creating a vote but it is not Necessary. i really wanted to ask if there are members of this community that sold off during the last dip thinking that the market has crashed. alot of friends kept complaining that bitcoin and alts will go deep down and it will take months before coming back.
Really wanted to find out people that lost their grip and sold off. what really was your main reason for NOT holding...
Some of my friends made that action and i can't blame them because they need to earn shorttime and not like me that willing to keep holding and risk my money.Really wanted to find out people that lost their grip and sold off. what really was your main reason for NOT holding...
I use to do that short term investment but since i am busy at work now and personal life , i choose to just add small amount of Bitcoin or other crypto each payday so i can have multiple investment that i don't need to be afraid of losing or need to check from time to time.
I am rooting for at least 3 years minimum holding before deciding what to do.
the longest holding record of mine is 2 years so i want to break this time and will make it 4 years straight.
meaning up to the next halving i will be on it.
I didn't sell it off actually it's been liquidated after sometime I found out that the futures is much profitable rather than spot trading but of course the multiplier is both for profit and loss and with the current dip most of my positions were liquidated. So to answer your question yes I do fall for the current dip but I didn't sell it off it was automatically liquidated.
actually we as actors in participating in a campaign we shouldn't complain, because that's bitcoin because we ourselves don't know the circumstances and conditions of bitcoin in the future market world, so for me we should remain committed in every condition even though the current situation bitcoin goes down and sometimes bitcoin will soar, so just enjoy it all without having to surrender to the current state of bitcoin 
Prior to the Dip, I was expecting Ethereum to $5K but it reverse drastically and it fails my planning. I was thinking to get some extra profit if Ethereum hits $5K but it did not happen and I have some liability to pay my debts so I sold my little part of the Ethereum @2500$ and today Ethereum is over $2800 even I have no plan to sell at that rate. I am a long-term holder and apart from this I hold my all coins and did not sell.
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I sold most of my coins and tokens as soon as ethereum hit 4000$, I knew the market won't be able to keep up after that, it's just a hunch though because I was here in 2018 and I still remember what happend at that time, no matter how many people are buying and buying if bears determined to march in nothing can stand in their way
You've done a good thing to sell most of your coins at a high peak. Not many of us did that because many of us think that the price can increase more, but they do not think like you. Yes, the market will not stay at a high price for a long time, and there will be a time for the price to make a correction, which is happening now. People who do not yet sell their coins can wait for more and patients because the market will increase back. Jump to: