Topic: Hands down - who really didn't sell anything? - page 2. (Read 2169 times)

I haven't sell any single coin since the dropping, I thought that it was just a temporary, unfortunately it last for a long time and now it is a bit too late to sell because it drops too much, so I will just take the risk holding it and see what will happened in the future, but I believe in the future the price still can go up

I had around 6 BTC (1 BTC altcoins). At the beginning of month I've sold 2 BTC  to withdraw my initial investment. Then, price started dropping. I thought there could be a bounce and bought 2.06 BTC. Later price dropped further. Now, technically I didn't sell anything but added 0.6 BTC to my portfolio. However, in terms of USD price, my portfolio dropped in huge amounts.

I think I can survive at least 1 year even BTC price hits 1000 USD or less. But I'm expecting such good bounces once this issue with forks are resolved.

Same here. Didnt sell any altcoin though theyre down to half price now.
AND I'm buying more. Huge discounts now in all coins. Theyre going up after the august 1 debacle and pump further in 1-3 years.
Prices will only inflate with time.

As far as I see from the replies in this thread, it is not people from this forum that mainly sell a lot of money and cause these problems on the market. I guess those are people who used to invest using fiat and invested in some papers like on Wall street. They don't understand that currencies are not the same as papers and that it is actually them who mainly make the market go up or down. But then again, it wouldn't be possible to earn money investing into things if there weren't big price jumps out here.

I agree, selling and buying in later again would also net nice profits. But it is always very hard to call, so I refrained from it. I am still in the green compared to when I bought, because I bought most in January-February meaning I only lost some profits.

you are just locked and locked to the belief, the market will dump for several moths with large probability, and if you know this, will you sell the coin and buy them back with a low price?

In this downturn, I think a lot of people have gone from traders to investors. I just got into this a couple of weeks ago, with a modest amount of money and am already down 40%. I said to myself that this is money I'd expect to lose. It's human nature to either want to sell it all off (flight) or average down by buying more (fight) or hold (freeze). Back in the day, a friend of mine did very well by selling off his dot com holdings while his brother held and lost a ton. There's an argument for every move. Since I'm not heavily invested, it's easy for me to step and try to look at this rationally. The run, especially since January, has been unprecedented. To my fresh eyes, the coins are "tired," and need to slow down. Many, while still valuable, were and are overvalued. Things are resetting and there will be counter rallies even the downward trends continues. People are beginning to realize that a white paper, a vague idea and a subsequent ICO does not mean there is a business there that will make money.

In the big picture, I believe this is a growth industry and a massive one at that. New value will be coming into the market in the coming months and years. After the August 1 deadline, things could shoot back up and we'll all be partying again. Consider that Mark Cuban calling BTC a bubble caused a nearly instant 200usd drop in the price of the coin. A couple of weeks ago, the head of technical strategy at Goldman Sachs, talked about this being a corrective "4th wave" and btc could correct down to about 1750 (or something like that) and then enter the 5th wave. The next wave could cause it to go to 4000usd before years end.

Whether or not you buy into the tech analysis, there are bigger players at work here and they wield influence. They know that blockchain technologies are the next "internet" in terms of investment. The internet took some time to mature as people barely knew about it in the 90s. A huge difference is that Crypto has the internet spreading the word so expect crashes and bubbles to be the norm for quite awhile. It's going to grow up in a hurry; at the speed of thought.

It's up to communities to hold it together. Although it is blatant manipulation, the Chain Coin story represents a group fighting back against the establishment and to me, this community of early adopters and enthusiasts can make the market a lot more than anyone realizes. Dot com fortunes were made by investment houses and rich people. Smaller investors who took to the stock market took the losses and paid commissions on top of it. This is something where everyone can participate. We are the users, the investors and the contributors. I don't think even the big banks realize that they won't be able to so readily manipulate this market.

It's the proverbial ragtag group of renegade outlaws that know the terrain better than anyone and the trained military guys coming in to clean house. This time the little guy wins though. That's what I believe.

that is exactly what i did. i like to read that i am not the only one who is thinking like that. that is true for BTC.

i sold NXT and i sold all my ARDR. and now i am waiting to buy them back.

after this past week pure of dump is  happening on my hold coin ill never sell anything even though i already in lost, its part of trading ill also waiting for decrease on the price of any good coin that good for long term  i have balance ready to bought if more dump happen.

my portfolio is down about % 58 but i didnt sell anything, just holding but only with good potential alt coins like waves,strat beacuse i belive in the long term 1-2 years, they will go up.

Yes it is very nice not to swap to another coin, altcoin may take a long time to get better and BTC, litecoin, ethereum is also very good this year

i am not sell now because as you said, if we sell right now, we lose our profits and i still hold it and for some coin, i made buy again and i got lower price than before. i am agree patience is a good thing that we can do now as we know almost all coin is not giving a good sign too sell.

i think everybody portfolio is down too like you, mine is down at least 0.4 btc but i am not worried or panic, i still holding and waiting and i know the time is coming. but to take a loan, i think its not a good idea because we need fund to payback the loan and if the situations is not change meanwhile we must pay the loan, how we can pay? its up to you, but the most important here is we should patience and not panic.

Sold some coins today not because of the August 1 thing but because I need some fiat to pay some of my liabilities but given the chance that I don't have anything yet to pay, I will continue to hold and probably buy some more if I have a spare since I consider this days as a grand sale of coins, get them while they are at discounted price.

In my case i Sold before the dip, and buy again at low maybe it is much better than holding, the money will grow much faster inthat way that is my style just saying though

Shifted everything into long term projects I believe in before it really dumped. Probably should have sold so I could reinvest at the bottom but live and learn. I'll just buy more and get my average down.

Only price that matters is the sell price

I did not sell anything because I do not want to sell while losing. If my investment has terrible losses I would rather hold it than sell and accumulate losses. The sad thing is that I was one of those who are holding some when the serious dipping of price happened. Until now I am acquiring losses. And so I think the wisest thing to do is wait for them to regain price.

I am holding on too. The fear of missing out is too strong.
I won't book my paper profits and have the capability to hold for the long term. I won't be giving the whales any opportunity.

I'm still hodling my small stack of Golem (currently worth -60% of my initial inv)

For what it's worth I sold two thirds of what I was holding.

My objective is to make profits so I there is no reason for me to hold on to something I expect to fall in price. Planning for losses is not part of my book.

I'll decide what to do next after Aug 1st when things should become clearer.

Edit to add: borrowing money to invest in something as speculative as crypto has to be very unwise. I wouldn't do it.

i am sorry but this is dumb. and i disagree with most of what you said.

it may be a bad time to sell NOW, because prices already dropped a lot and some of them are recovering as we speak. but
that doesn't mean there will be any FOMO,
that doesn't mean they will rise back up to where you bought them at or to their ATH.

it simply means there is a small recovery after a big dump.

also you are making the biggest mistake of all times. you lost 60%! that is a huge amount. it is not something to be proud of, it is not even a correct decision to keep holding in a dropping market! and worst of all to borrow money to lose it!

i assure you majority of these altcoins won't see their ATH ever and for a couple of them it may take months and lots of pumping to get there again.

always sell when there is a dump starting. don't wait around and if you really believe in what you have invested in then buy back at the bottom.

as a bitcoin hodler i even sold some small amounts before the panic kicked in because i knew about the FUD and i am already setting up my buy orders.