Hard times - page 7. | Bitcointalksearch.org

nidacoinlove

sr. member

Activity: 588

Merit: 254

Quote from: Maymun_lavigne on August 03, 2018, 02:36:37 AM

Quote from: stulloyd79 on August 02, 2018, 09:16:43 AM

Hi all.......need a bit of advice really.

I invested quite a bit of money in a number of ICOs back in December when bitcoin was pretty high and I initially made quite a bit of money but since the bear market started and continued I'm down a few thousand.

I can't bring my self to sell any of my coins due to an attachment I have with them. So it looks like I'm.going to be holding a bit longer.

Any advice on any coins that might be worth day trading to recoup a bit of money back as every coo I choose to invest in seems only to go one way..

Many thanks

I know what you feel right now, if you start investing in December and the price of coin at that time is quite high and see price growth so far has been very sharp decline.
not only you are experiencing difficult times for now, but almost all traders also experience this. What you need to do for now is to be patient for longer, so that all can be stabilized and if you are still trying to get out of the situation like this you should not be afraid to step forward.
Come back to trading if you still have savings, to recover the losses that you experience, because this is the best time to invest when the price of coins is very low.

It's hard to explain the feelings of been through such a situation. A lot of people have suffered and are still suffering what the bear market has done to them.
Coming back to trading is a good decision but usually people don't come to trade again once when they are defeated in trade. Also it is not easy to lose your hard earned money and then again come to the market to take the risk. People are mostly risk averse, they avoid to take risk for the next time, but those who are risk takers are happy from crypto industry.

quarkyplum

full member

Activity: 378

Merit: 100

I think you've already got what you need to do.

Quote from: stulloyd79 on August 02, 2018, 09:16:43 AM

I'm.going to be holding a bit longer.

Don't think that you can earn money by trading follow other people suggestions or signals. If you think you can earn money by that way so I think nobody in here lost their money in trading anymore. LOL.

Maymun_lavigne

full member

Activity: 434

Merit: 126

Quote from: stulloyd79 on August 02, 2018, 09:16:43 AM

Hi all.......need a bit of advice really.

I invested quite a bit of money in a number of ICOs back in December when bitcoin was pretty high and I initially made quite a bit of money but since the bear market started and continued I'm down a few thousand.

I can't bring my self to sell any of my coins due to an attachment I have with them. So it looks like I'm.going to be holding a bit longer.

Any advice on any coins that might be worth day trading to recoup a bit of money back as every coo I choose to invest in seems only to go one way..

Many thanks

I know what you feel right now, if you start investing in December and the price of coin at that time is quite high and see price growth so far has been very sharp decline.
not only you are experiencing difficult times for now, but almost all traders also experience this. What you need to do for now is to be patient for longer, so that all can be stabilized and if you are still trying to get out of the situation like this you should not be afraid to step forward.
Come back to trading if you still have savings, to recover the losses that you experience, because this is the best time to invest when the price of coins is very low.

Mervyn_Pumpkinhead

legendary

Activity: 876

Merit: 1000

Quote from: Marcel555 on August 02, 2018, 11:16:35 AM

First, never get too attached to any currency or project. Profit is your ultimate goal.
The market is down now, as most are skeptical about announcements regarding Bitcoin ETF.
If the news is a possitive one, it would have a possitive effect on the market.
Day/arbitrage trading is also a way to make profits. You'd need to educate yourself before venturing in.

I agree completely. An early mistake I (and I'm sure many others) have made is to add emotion to the equation. Sure, invest in like 1 or 2 projects you are passionate about and believe in no matter the price, but for any you aren't completely ride or die for, set an acceptable loss percentage and move on.

bhadz

hero member

Activity: 2408

Merit: 564

That's what holders and traders lives, if the market goes down you're down by thousands and whales are down by millions. If you are looking for a day trading coin, try ETH.
There are many decentralized exchanges that has main crypto of ETH.

Quote from: Gozie51 on August 02, 2018, 04:59:32 PM

I do not advise you to go trading since you are already down in few thousands. Hold for longer time, just secure your passwords and "forget" them because price is yet to recover for gains.

If he wants to day trade while he's on loss it's okay so he can do something while waiting for his coins to be up.

bitbouillion

sr. member

Activity: 868

Merit: 250

Yeah . We go through hard times. Only those who are resistant will survive. They just push our patience to the end.

Gozie51

hero member

Activity: 2520

Merit: 624

I do not advise you to go trading since you are already down in few thousands. Hold for longer time, just secure your passwords and "forget" them because price is yet to recover for gains.

AlanShlafter

newbie

Activity: 157

Merit: 0

Quote from: stulloyd79 on August 02, 2018, 09:16:43 AM

Hi all.......need a bit of advice really.

I invested quite a bit of money in a number of ICOs back in December when bitcoin was pretty high and I initially made quite a bit of money but since the bear market started and continued I'm down a few thousand.

I can't bring my self to sell any of my coins due to an attachment I have with them. So it looks like I'm.going to be holding a bit longer.

Any advice on any coins that might be worth day trading to recoup a bit of money back as every coo I choose to invest in seems only to go one way..

Many thanks

Everyone who made investment in December and January are in the same position with you. Don't feel alone buddy, just hodl your coins and wait for the market to be bullish again.

Yana_O1993

jr. member

Activity: 182

Merit: 1

I advise you to sell your tokens and get your money back, because bitcoin is not yet going to be worth 20k $

noxlord93

newbie

Activity: 252

Merit: 0

you want to invest another amount for trading on the daily difference? I understand correctly? you need an independent technical analysis!

suburban123

member

Activity: 248

Merit: 11

Evaluate each cryptocurrency methodically. Such an assessment of investments will give you the opportunity to compare the cryptocurrencies among themselves, to consider different scenarios for the development of events on the market and to sleep peacefully, knowing that your investment decisions have a specific basis. An ideal evaluation method does not exist. The fact that it occupies me is an opportunity to invest in new projects. This is something that can really please us at the stage of the market fall. Therefore, look for projects, invest and continue to enjoy good profits.

acidburn14

member

Activity: 210

Merit: 12

Since you have been holding your coins for quite sometimes now, i think that you should wait a little bit more for we are expecting the market to stabilize and rise when december is coming. Though this year might be different, i still dont advise you to do day trading if you are not aware with the ups and downs of crypto. Just hold and earn the rewards in the end.

gamechangers

member

Activity: 392

Merit: 10

I feel your pains because I am also in your shoes. All my coins have gone down in price and diminishing at a high rate. You are not the only one affected. The price will eventually grow and you will make good money. While trading would mean a better option, it is important to know it very well so that it won't look as if one has moved from fry pan to fire.

syypro

member

Activity: 368

Merit: 10

Now you have nothing to do but wait for growth. Not only did you all go away, everything is so. Some people have more, some have less. We are waiting for the good news and the growth of BTC or go out now and forget about the crypto world

radhitya18

member

Activity: 295

Merit: 10

until now the coin has continued to fall, even until the end of the month it will continue to decline, whether at the end of the year the market will rise again

Marcel555

jr. member

Activity: 252

Merit: 4

First, never get too attached to any currency or project. Profit is your ultimate goal.
The market is down now, as most are skeptical about announcements regarding Bitcoin ETF.
If the news is a possitive one, it would have a possitive effect on the market.
Day/arbitrage trading is also a way to make profits. You'd need to educate yourself before venturing in.

i7claufe

member

Activity: 378

Merit: 42

AhrvoDEEX FUTURE OF BROKERAGE TRANSACTIONS

This is a pretty hard situation you are in. But I hope the money you invested are money you can afford to lose. We can't really say how the market will go but I am pretty sure the cryptomarket has it's magic and the BULL will soon pave it's way!
I also hope you have learned your lesson, to always cut LOSS

unless you are planning to hold for a very long time. Because BTC and CRYPTO hype is over and that unusual growth we just witnessed might be a thing of the past and we might never see it again.
But what I'm pretty sure is, Bitcoin will break it's ALL TIME HIGH in the future. That is one thing for sure because fiat money has been evolving since mankind started trading. Cryptocurrency is the next level of evolution fiat will be evolving into.

Obligations123

newbie

Activity: 156

Merit: 0

The hard time is now when market is not stable. And most of the campaign were scam no dey rules was applied everyday this as become a burden to us.

CryptoPowerL

member

Activity: 358

Merit: 29

ASO Service

The advice that you give here can lose their value in five minutes, as every minute plays a role on the market. I do not advise you to follow trade tips if it's been a while since you read them

phanquan5111994

newbie

Activity: 140

Merit: 0

Hello!!!
I also like you!!!
Invest at Bitcoin is high !!!
and now it has dropped a bit !!!
Tip: You keep track of the situation, no matter how much it should worry about it ... until some time Bitcoin will return strongly and then you will certainly earn a decent amount of investment. this !!!
Dear!!!

Topic: Hard times - page 7. (Read 684 times)