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Topic: Dont sell off because of the period - page 3. (Read 1025 times)

member
Activity: 163
Merit: 10
July 26, 2020, 12:25:56 PM
for now, we are investing more in coins that have clear prospects for long-term investments, such as BTC and ETH while low-quality coins are too risky to be used as long-term investments.
At least, we can reduce the amount of loss even with selling in this period if we holding good cryptos like BTC and ETH. It less likely to get low and have a good potential to come higher after all bad things blow over.
copper member
Activity: 994
Merit: 4
July 26, 2020, 11:45:54 AM
I have really learnt so much, I learnt that if you are holding a good altcoin,you don't need to panic because of dip,most times people dump their good coins,but I think if you can hold it will rise back or better set a stoploss or set a buy order incase it goes lower than just dumping and  wasting your time.
newbie
Activity: 29
Merit: 0
July 26, 2020, 10:48:42 AM
I understand that investing in something more promising -bitcoin for example- is productive, but rather than, selling off just invest in it with available raw capital.
the guy had a great point at the moment. Now I'd say if you bought something then - hold it, if you didn't - then wait a bit, price will lower a bit soon
full member
Activity: 658
Merit: 100
July 26, 2020, 10:06:40 AM
for now, we are investing more in coins that have clear prospects for long-term investments, such as BTC and ETH while low-quality coins are too risky to be used as long-term investments.
jr. member
Activity: 221
Merit: 1
July 26, 2020, 09:40:54 AM
You right but at the same time don't forget all comes with risk, those selling off now will definitely regret it later if there is more pump but will be happy they make the right decision if at last the coin keeps dumping after selling off. So I can boldy say is a very complicated issue as nobody can predict the future.
member
Activity: 630
Merit: 10
July 26, 2020, 08:14:46 AM
now I understand was great to follow this advice

Do not forget to fix a part of the profit, and use a stop loss, otherwise you always risk losing more than you earned.
this moment is very bullish, in my opinion if you trade in the spot market and the trend is still bullish, there is no need to rush to make a cut lose, because the price could recover again in the next few days
member
Activity: 684
Merit: 10
July 26, 2020, 07:33:19 AM
now I understand was great to follow this advice

Do not forget to fix a part of the profit, and use a stop loss, otherwise you always risk losing more than you earned.
member
Activity: 126
Merit: 10
July 26, 2020, 05:44:45 AM
We can only stand still from shaking or shivering with hardship situations only if we have a stable platform to stand on it. Anyone only has crypto as their tool for earning has to sell it to survive this hardship situation. Many people like him will make the selling become a pitch of cheaper prices at every turn.
newbie
Activity: 24
Merit: 0
July 26, 2020, 02:29:29 AM
now I understand was great to follow this advice
full member
Activity: 616
Merit: 108
io.ezystayz.com
May 11, 2020, 06:24:10 PM
#99
Only few altcoins have what it takes to survive the test of time and definitely, not all of them will see the end of the tunnel when this market downtrend and the global pandemic is over, this bad situation serves as a perfect opportunity for most of them, especially the scamming ones to bail out and most of them already did and many more will do in the coming days. That's why i don't advice people to invest in every altcoins, while the major ones can stand the test of time, it is best you go for them otherwise it is better you stay in bitcoin
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
May 11, 2020, 03:39:36 PM
#98
Alot of traders are falling for FUD but am very much certain that the current situation is temporary and soon everything will go back to normal
FUD always happens in this market, it will last forever with the development of the market. Investors need to gain experience so they can not be trapped in bad situations leading to losses
They are there no matter what the status of the market is. They will hit your feelings and you'll lose if you will allow them to hit you badly.
Set your mind and start being long term bullish in this crypto market because you'll regret allowing them to win than win against them in the future.
copper member
Activity: 280
Merit: 5
May 11, 2020, 03:38:39 PM
#97
Selling at loss it's really not good but sometimes situation that's beyond imagination can make one dump at lost but selling out of panic isn't healthy though it can be frustrating when your coins are going so low more than expected but having patience and wait for moon cold hell recover. Some do also say it's best to sell and jump into trading coin so as to recover but what if the coin dumps? Best is to buy a good coin so you can be sure of increase someday.
hero member
Activity: 938
Merit: 500
https://youengine.io/
May 11, 2020, 02:37:53 PM
#96
It's very complicated especially when your own coin is dipping and BTC is moving up. It's just an easy decision to cut loss and join the moving train. Holding is not for the weak. I won't blame anyone selling off.
If a person does not have much experience in trading, then he can only maintain his position. I believe Bitcoin Hold is the best solution you can come up with.
full member
Activity: 896
Merit: 115
May 11, 2020, 01:59:29 PM
#95
It's very complicated especially when your own coin is dipping and BTC is moving up. It's just an easy decision to cut loss and join the moving train. Holding is not for the weak. I won't blame anyone selling off.
sr. member
Activity: 644
Merit: 260
May 11, 2020, 01:15:11 PM
#94
There are a lot of people conquered by there fear and we cannot blame them because they are not emotionally stable to make decisions even they already know the risk of having investment into the world of cryptocurrency today there are a lot of altcoins needed to hodl for a long term investment because of the halving this change a lot and does not give any opportunity to the investors to get a lot of market profit or income. But still, you can make alternatives like trading with the altcoins but the investment is a really big no for now.
Most altcoins dipped significantly due to the halving expectation of Bitcoin, everyone is just trying to reduce risk since normally the satoshi value of most altcoins should go down with the having news. For example, my SL for OGN hit at 0.24 USDT, then it dipped further  to 0.17 USDT. In essence, do not entirely blame those who dump their altcoins at this time, its a general market perception. Once BTC starts a sideways movement, some alts prices will start spiking up again since the buy pressure will be high.
full member
Activity: 983
Merit: 100
May 11, 2020, 12:54:58 PM
#93
as a long-term investor, especially investing in top coins in the market, it must be consistent. if it can't be consistent in every decision you have made it can result in a loss. I mean as long as you hold the top coin don't panic sell when the market collapses.
And every experienced investor, they rarely panic about the coins they hold, except for new investors, because they are still afraid of the risk of loss, while investors who have experience in holding top coins, will always be calm in facing all conditions market.
member
Activity: 746
Merit: 10
https://axiomapay.com/
May 11, 2020, 12:43:13 PM
#92
as a long-term investor, especially investing in top coins in the market, it must be consistent. if it can't be consistent in every decision you have made it can result in a loss. I mean as long as you hold the top coin don't panic sell when the market collapses.
legendary
Activity: 1708
Merit: 1280
Top Crypto Casino
May 11, 2020, 12:35:21 PM
#91
There are a lot of people conquered by there fear and we cannot blame them because they are not emotionally stable to make decisions even they already know the risk of having investment into the world of cryptocurrency today there are a lot of altcoins needed to hodl for a long term investment because of the halving this change a lot and does not give any opportunity to the investors to get a lot of market profit or income. But still, you can make alternatives like trading with the altcoins but the investment is a really big no for now.
full member
Activity: 932
Merit: 100
arcs-chain.com
May 11, 2020, 12:27:53 PM
#90
Obviously the market is not responding the way we want it, when there is a lot of positive news people are acting in the opposite direction, bitcoin halving is expected to be high but btc is still dumped pathetically.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
May 11, 2020, 11:13:25 AM
#89
In my opinion, in investing what is needed is patience and also making the right strategy when we have to sell or when we have to buy. If we have decided to invest long-term, I don't think we need to think about the daily price movements because it can interfere with our psychological

Besides patience, they need to have a target on how much price they will sell their investment to take the profit. Many people forget their target price to sell because they are too greedy to expect to make a big profit. That will not be a problem if the market still rises, but the fact is the market is too volatile, and we cannot expect to make a big profit in a short time. That is why we need to have a plan or strategy with the current situations that happen on the market so we can do something if the market change.
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