Every time I sell Bitcoin pumps... Has BTC been good or bad for You???

Finestream

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Quote from: Vishnu.Reang on August 20, 2019, 12:12:41 PM

If you think too much about the past, then you will never taste success in the future. I have seen a lot of people regretting their decision to sell their coins (including myself Grin

). So whatever losses you have incurred, just forget about them and move on. I am 100% sure that you will not only be able to recover them, but to profit from the future trades handsomely.

That's why the easiest method of investing in crypto is just to hold, by just holding, you don't have to worry on whatever sideways movement of price because you are only focus on one target, which is to sell when you see the price that could give you profit.

Usually, when we are doing short term trading, it's very stressful if we don't master managing ourselves, our emotion is the main hindrance to success, we forget that we should play it smart using our mind not our emotion.

ethereumhunter

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Quote from: Vishnu.Reang on August 20, 2019, 12:12:41 PM

If you think too much about the past, then you will never taste success in the future. I have seen a lot of people regretting their decision to sell their coins (including myself Grin

). So whatever losses you have incurred, just forget about them and move on. I am 100% sure that you will not only be able to recover them, but to profit from the future trades handsomely.

I agree, I have also experienced selling bitcoin at low prices and after being sold, the price of bitcoin rose by more than $ 1000. This happened to everyone and I think this incident will provide a lesson that bitcoin is a long-term investment.

I am sure many others will have the same experience. We cannot blame the market because the market will run with the traders buy and sell. We will see that it is happening in the future because the market will be like that. We should remember that if there is a buy order, then there will be a sell order and every order should be filled. Bitcoin still gives benefits for us, especially if we can use the different buy price and sell price so we can take the profit for us. I think we can learn from those experiences so we can be careful again in the future and we can get a bigger profit.

Vishnu.Reang

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If you think too much about the past, then you will never taste success in the future. I have seen a lot of people regretting their decision to sell their coins (including myself Grin

). So whatever losses you have incurred, just forget about them and move on. I am 100% sure that you will not only be able to recover them, but to profit from the future trades handsomely.

lixer

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In this case I blame my fate. In my case it is almost like that. When I sell, the price is low. And with the sale, the price goes up. I just hold it without having to sell it. When $15000 comes, I'll sell it.

We can’t blame ourselves so much in making some of those decisions that has done nothing but work against us, not everyone can trade, and some times, to really know the direction of a coin, you have to apply technical and fundamental analysis, but how difficult it is to really apply both, which is why some of us do use gut instinct, you can only say that your gut instinct has failed you and in cryptocurrency that as a volatile market, the best is just to buy coin at low value and continue to hold it until there is a large increase if we believe that such coin will actually bring a large increase, like bitcoin now, I don’t expect bitcoin to increase lower than $18000 in future, so before I can take any of my investment in bitcoin, till It reaches $18k, then I can make my decision ten.

Oyarebu

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I've experienced this a lof of times, I sold my holding when the price is low I am doing the reverse, because of financial issue and failure to set aside an emergency fund for emergency use.

This could be justifiable, if anyone is found with such excuse from whatsoever he or she does with her funds in cryptocurrency. But all be said, there is always a need to set aside some funds for emergency purpose and set the ones for investment aside and keep them to be untouche. This has been how I operate my life in the real world and things works for me without street or without any regret, so, I will encourage all to take this advise to avoid regret.

Hamphser

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Sometimes you have to patiently wait for the market to change course if you have a plan to either buy or sell. You just don't sell it because you are feeling bored and wanted to have some fun. I saw some thread here that he sold his bitcoin because he was just too bored and now end up crying, complaining why did he do that. Learn to control your emotion to make a better decision.

kooboat

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This is a common phenomenon that happens to many crypto enthusiasts. It is not always that you make huge returns on your holdings so once awhile you can also regret after selling and the price of bitcoin shoots up. But when you continue to sell or hodl and make losses most of the times than making more money then you are not lucky.

Oyarebu

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Quote from: RawDog on July 01, 2019, 04:26:09 AM

Quote from: arpon11 on July 01, 2019, 04:10:18 AM

I have experienced this several time and I don't know why it happens that way.

This is how the whales are fucking you. They know. You pay. Get used to taking it up the ass, that's the way it is going to be for a long time. Or, become a whale.

I can't see iota of truth with your words, because OP problem was impatience and lack of believe to what he or she hold unto, what you never believe will not give out profits, let's lean to trust what we believe, hence things will always fall bad towards us. Whales controlled the.market but they won't force you to sell whenever the.price is going down. We holders sell because of lack of believe on the technology, for me, Bitcoin is a saviour.

nightxglow

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Oh My God I'm so sorry for your mom and your life. I hope everything get better for you soon. Maybe it's just a bit bad luck before success, or maybe you're careless enough to experience those things continuously. I don't mean bad, but maybe you don't analyze the situation well or such. But on emergency like that i think it's okay if you sold your btc because you need money. But then, because btc is volatile you need to know and accept the fact that it can increase and decrease anytime. You just need to analyze and know the right time to sell and buy. Lucky for me, i've been at the time when bitcoin is so high, in 2017. I sold almost all of my bitcoin that time and i don't regret because after that bitcoin price went down. I'm trying to start again from zero and i hope i can do well too this time.

SquallLeonhart

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Quote from: Aldrinx00 on August 15, 2019, 12:27:38 AM

I think you're just unlucky every time you sold your bitcoin then the price starts to rise, imagine people large amount the same time you do? They will absolutely feel regretful. We cannot predict if bitcoin price will go up or down, hoping you can recover your loss in the future.

It’s a very funny thing, it happen most times to some of us, and I think it is just a confidence sometimes, not because the market really wanted to go against us, this is the reason why you see that many people would just die for that ATH, they don’t just bother themselves with the lows and high and even when they see that the market is seriously declining, they just hold on still and waiting for when the bull run will come, I think they have more peace than those that are always selling,.

Like my friend the op has sold, he might have sold when there was profit though, but he would still have lost a lit in future if the market continues to surge and the only chance he gets is to buy at that high, so what is the essence of selling when he would still lose his profit when he buys at higher price.

copoyes

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in my opinion back from where we got the bitcoin,if from the results of tradding and we sell, we get another profit, then the pump is good, that's good, because we can get the profit so it doesn't matter if the pump, if you want to hold it it's also hard to guess whether it will go down or go up again so just take the middle ground

Finestream

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Quote from: Vishnu.Reang on August 15, 2019, 07:15:48 AM

You need to understand that Bitcoin is a very volatile asset. The only way of dealing with a volatile asset is to make your own targets. You need to set a target level at which you are going to sell a specific percentage of your coins. You can set another stop loss target as well. If you strictly follow this plan, then the chances are that you may avoid any large losses.

Yes.You can set a goal price when to sell your coins so that if it happened,it will be easy for you to sell your coins without thinking what would be the next price after you had sell out.There's no use looking back at your regrets because it won't help you at all.Move forward and continue dwelling with positive thoughts.After all,you didn't lose,you just only made a little profit at least.

Vishnu.Reang

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You need to understand that Bitcoin is a very volatile asset. The only way of dealing with a volatile asset is to make your own targets. You need to set a target level at which you are going to sell a specific percentage of your coins. You can set another stop loss target as well. If you strictly follow this plan, then the chances are that you may avoid any large losses.

adaseb

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You can't always sell the top or buy the bottom. The people that claim they can are either extremely lucky or they are lying. I've also sold BTC way too early this year and originally assumed that $4000 would be resistance since it was the weekly high and where price stalled in Jan and Feb 2019. Then I assumed $6000 would be resistance since its where the previous strong support of 2018 was, I assumed it would be strong resistance and it wasn't.

Same with the $10000 psychological number, I assumed that most people will sell before $10K since its a nice round number and also $9950 or so was the weekly resistance from May 2018, and again price kept going higher and higher. So don't beat yourself up.

killat

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Lol, try to use a pattern and respect it anytime you buy or sell Btc.

I have my own rule that I always buy only after a price decrease of at least 10-15% as usually price recovers in the near future, and always sell only when market increase with at least 15-20%.

Aldrinx00

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I think you're just unlucky every time you sold your bitcoin then the price starts to rise, imagine people large amount the same time you do? They will absolutely feel regretful. We cannot predict if bitcoin price will go up or down, hoping you can recover your loss in the future.

michellee

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Bitcoin has still been good for me because I can take the profit every time I sell. Although I realize that the price now is down deeper than before, I am sure that soon, the price will increase higher. No need to worry for that because of bitcoin still strong to survive in the market and bitcoin only wait for the right time to increase and start the rally. When you want to sell your bitcoin, make sure you sell when the price increases so you can get the profit, and you don't have to regret if you cannot sell at the very highest price because you will get that time comes to you.

acroman08

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Quote from: thirdprize on August 14, 2019, 11:15:10 AM

Quote from: oapieNL on August 14, 2019, 03:47:05 AM

Im buy every time the dip. Last year and this year i trippled my Bitcoins on the downtrends.
Now im going try to double my trippled bitcoins.
I Sold lastmonth al my bitcoins for 12k . Now im waiting to buy back for 6K.

I tried that last year. Turns out that I sold at THE VERY BOTTOM. It had been going down for 6 months and looked like it would go down further. Never again.

although I didn't do exactly what you did but I did. but I bought bitcoin when it started rising back in 2017 the price of bitcoin when I bought some was around $2300
and I bought $1200 worth of bitcoin and I was in shock when it reach almost $20k at the end of the year. when the price wouldn't reach 20k and started going down
I had a feeling that it is time to withdraw and I did and made a $6164 profit and had a wonderful Christmas and new year.

thirdprize

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Quote from: oapieNL on August 14, 2019, 03:47:05 AM

Im buy every time the dip. Last year and this year i trippled my Bitcoins on the downtrends.
Now im going try to double my trippled bitcoins.
I Sold lastmonth al my bitcoins for 12k . Now im waiting to buy back for 6K.

I tried that last year. Turns out that I sold at THE VERY BOTTOM. It had been going down for 6 months and looked like it would go down further. Never again.

jerrison

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Quote from: Devawnm367 on July 01, 2019, 01:56:54 AM

So for the last 18 months I have held, gambled, bought and exchanged some BTC mostly through this forum. (I HATE PAXFUL AND FEES). Anyways I have won lost, and just at points had to sell my coins for emergency funds and etc.

Well just a couple weeks ago I had around .02 BTC (thats alot for me) well my washer and dryer has been having issues. My dryer proceeded to go and break on me and I had to sell my .02 to buy a used dryer, I spent $30 in gas and $75 on the dryer and when I got home the used dryer I bought is broken and the guy who sold it hasnt aswered my phone call in a month...

Well anyways I sold my .02 for around $140 at the time roughly 1 month ago give or take. And since then it has went up over $100 in value... smh

Am i just unlucky or does the bitcoin market follow my transaction history and only pump when I am out? Huh

I really just wish I never sold I would still have a broke dryer and .02...The price has went up so high that I now cannot afford to invest. My mother was just diagnosed with stage 4 COPD and Emphazema and was just put on Hospice home health. So I am currently unemployed taking care of her. Its a struggle everyday.. I seriously am starting to wonder if btc is just bad luck for me. I once owned 3 BTC when an (unnamed website was shut down) I lost it all and since that day. Have never made it back.. I am now a proud owner of around 850 satoshis... ( so any ideas on how I can earn a little simple btc would be appreciated)...

But to finish my post. Does BTC price rise or fall when you sell. And since you have been dabbling in Crypto have you become more /less successful. I want to hear your stories. I think all BTC has ever done for me is gotten my funds stolen multiple times lol. But man do I love it.

(I know not to leave my funds on exchange but I am broke I cannot afford spending 6 to $10 just to be able to withdraw my BTC every other day, usually when I am trading it's usually only 50 to $100 as its all I can afford. I lose money withdrawing and depositing every other day between withdraw fees and BTC fees It eats up $100 quick)....

Give me your thoughts!

It is said that those investing in Bitcoin should do so with their spare money so as not to complain about either loosing funds or selling off their coins at a very low price and from your explanation, I understand that is what you have ended up in doing, selling off at a very rate. just ensure not to invest with your only available funds.

Topic: Every time I sell Bitcoin pumps... Has BTC been good or bad for You??? (Read 1212 times)