Topic: Help with my crypto position (Read 300 times)
I think you should quit and move on another investment if your not capable of keeping your decision or minds sets whenever there is a price dump on the prices of altcoins, because in a trading business you have to choice when that happen it's either you're quit or focus on holding because you believe that your money is still gonna grow in the right time.
Imagine if you had put all your investments in just bitcoin, you probably would have gained the profit twice till now.
According to my concept, altcoins always come after bitcoin in order of price derivation, if you ever intend for investment, you should primarily give preferance to bitcoin and make the maximum investment of you capital in bitcoin
According to my concept, altcoins always come after bitcoin in order of price derivation, if you ever intend for investment, you should primarily give preferance to bitcoin and make the maximum investment of you capital in bitcoin
I also have this coin, eth and ltc, for the moment that I do is hold it, because after all if we force to sell it then will add to the loss, the core of this situation is barsabar and try to hold back all the strength, hopefully soon rise and recovered as usual
You are thinking too deeply here. You just have to pass on the situation when it's gone and what you need to do is just stand up and make another best trade however you should not repeat your mistakes if you think that was mistake. Just keep it very simple. If you making profits by any method then follow it and if you are not making any profits then change the way you trade over there.
In this case I would say the same thing as everyone saying, you did it right when did not do panic sells. That's what we need when we are not in the position of selling and prices are dropping. Its hard I know but you have to accept it and learn from it. The time is great player in the crypto world so play with it.
In this case I would say the same thing as everyone saying, you did it right when did not do panic sells. That's what we need when we are not in the position of selling and prices are dropping. Its hard I know but you have to accept it and learn from it. The time is great player in the crypto world so play with it.
I entered in this world unlucky when it was at its peak. I already had like 0.16 btc back in the day when it was like 6000.
I bought since then 1 eth and 3 ltc and some xrp. In this d 3p i resist not panic selling and i did nothing apart from buy another eth and btc when it was at 600 and 12000. Then the dip continue and some of my friend sell to buy again when it was lower. Me since i was at a loss with alt coin i didnt do anything. Now i am still at loss with eth like 100 € and ltc like 200 € (coz i bought 3 at 290€) but its better than before. I am looking for advice. Did i behave ok? How to get better? Thanks
week after this post btc pumped to its highest record,i wish you ride with the growth because if not still until January bitcoin stands strong to 15$k and resist until end of that month..the next time this happens try to follow youre instincts doesnt mean you friends panicked you will do the same,plz dont make different from them I bought since then 1 eth and 3 ltc and some xrp. In this d 3p i resist not panic selling and i did nothing apart from buy another eth and btc when it was at 600 and 12000. Then the dip continue and some of my friend sell to buy again when it was lower. Me since i was at a loss with alt coin i didnt do anything. Now i am still at loss with eth like 100 € and ltc like 200 € (coz i bought 3 at 290€) but its better than before. I am looking for advice. Did i behave ok? How to get better? Thanks
Did I behaved ok and stuff ... This is nothing! You behaved how a normal newbie would simple !
You should know that thats what everyone does when they enter in this world in starting .
Therefore there is no need to feel bad .. no need to panic.. everything will eventually get better with your understanding.
Just earn more than what you have lost.. you could easily do that .. and for the future record Take care , Don't Panic sell.
Hold for at least 3 months.!
You should know that thats what everyone does when they enter in this world in starting .
Therefore there is no need to feel bad .. no need to panic.. everything will eventually get better with your understanding.
Just earn more than what you have lost.. you could easily do that .. and for the future record Take care , Don't Panic sell.
Hold for at least 3 months.!
I entered in this world unlucky when it was at its peak. I already had like 0.16 btc back in the day when it was like 6000.
I bought since then 1 eth and 3 ltc and some xrp. In this d 3p i resist not panic selling and i did nothing apart from buy another eth and btc when it was at 600 and 12000. Then the dip continue and some of my friend sell to buy again when it was lower. Me since i was at a loss with alt coin i didnt do anything. Now i am still at loss with eth like 100 € and ltc like 200 € (coz i bought 3 at 290€) but its better than before. I am looking for advice. Did i behave ok? How to get better? Thanks
I bought since then 1 eth and 3 ltc and some xrp. In this d 3p i resist not panic selling and i did nothing apart from buy another eth and btc when it was at 600 and 12000. Then the dip continue and some of my friend sell to buy again when it was lower. Me since i was at a loss with alt coin i didnt do anything. Now i am still at loss with eth like 100 € and ltc like 200 € (coz i bought 3 at 290€) but its better than before. I am looking for advice. Did i behave ok? How to get better? Thanks
What I can see from your post is that you are trying to resist yourself from doing the emotional trading but you are failing at it with some instances. Like, you started to enter into the crypto when the prices were very high and then thought that it will go up even further. But nothing like that happened you made mistake here :
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In this d 3p i resist not panic selling and i did nothing apart from buy another eth and btc when it was at 600 and 12000
You bought the BTC at alarming rate of 12K at what point most of us would just wait and do nothing. You should have followed your friends when they were selling at high and they bought everything back when it was low. That was nice move.
But also as you said you were in the loss and thats why you did not make any sell, was good move too. But never make entry at very high rates.
The ups and downs of prices for crypto currency are of a cyclic type. Your coins are popular, there are already more than one year. You should wait a few months and try to sell after a big increase at the time of price stabilization.
You had been gotten your experience and you must better than for tomorrow. Sometimes, we need to learn to get the experience and the experience is good teacher. Don't panic and be patient. Wait until the price is good (high price) 
I think this guy can still get back the money he lost in cryptocurrency, if he would invest in other various opportunities that are available in the crypto world. There are opportunities like trading and other sort of investment, if he’s good in it, he can invest and earn back what belongs to him.WARNING; Please, If you don’t know how to trade, you better not try. Better to wait for the price to go up and you will make profit and also regain back what you lost.
Its ok if i lose. I dont mind since i am here to learn. Thats why i asked for advice. Btw thank you for all the answer
The best way for you is hold even longer time. Its possible could be a profit more than 100%. You had been gotten your experience and you must better than for tomorrow. Sometimes, we need to learn to get the experience and the experience is good teacher. Don't panic and be patient. Wait until the price is good (high price)
Sometimes we do mistakes but always remember that experience is a way to learn everything, if you think that you can wait i suggest to you to hold but if you want to sell it then go as long as you get profit sell it.
You had been gotten your experience and you must better than for tomorrow. Sometimes, we need to learn to get the experience and the experience is good teacher. Don't panic and be patient. Wait until the price is good (high price)
I entered in this world unlucky when it was at its peak. I already had like 0.16 btc back in the day when it was like 6000.
I bought since then 1 eth and 3 ltc and some xrp. In this d 3p i resist not panic selling and i did nothing apart from buy another eth and btc when it was at 600 and 12000. Then the dip continue and some of my friend sell to buy again when it was lower. Me since i was at a loss with alt coin i didnt do anything. Now i am still at loss with eth like 100 € and ltc like 200 € (coz i bought 3 at 290€) but its better than before. I am looking for advice. Did i behave ok? How to get better? Thanks
I bought since then 1 eth and 3 ltc and some xrp. In this d 3p i resist not panic selling and i did nothing apart from buy another eth and btc when it was at 600 and 12000. Then the dip continue and some of my friend sell to buy again when it was lower. Me since i was at a loss with alt coin i didnt do anything. Now i am still at loss with eth like 100 € and ltc like 200 € (coz i bought 3 at 290€) but its better than before. I am looking for advice. Did i behave ok? How to get better? Thanks
The main thing here is not to be in panic even when you see your alts are in a red zone. Be patient and hold your ETH and LTC for a long time. Ripple is good for selling and buying it more often.
In your case, the best solution was not to do anything and wait for growth in the market. And generally put stop loss, so that in such a situation no longer be
I entered in this world unlucky when it was at its peak. I already had like 0.16 btc back in the day when it was like 6000.
I bought since then 1 eth and 3 ltc and some xrp. In this d 3p i resist not panic selling and i did nothing apart from buy another eth and btc when it was at 600 and 12000. Then the dip continue and some of my friend sell to buy again when it was lower. Me since i was at a loss with alt coin i didnt do anything. Now i am still at loss with eth like 100 € and ltc like 200 € (coz i bought 3 at 290€) but its better than before. I am looking for advice. Did i behave ok? How to get better? Thanks
Reading your posts you seem to have lost money when buying BTC and ETH. You were worried when they collapsed, but then it went up suddenly if you hold on, you still recover your capital. Everyday the digital money is widely received by players. So you can sell to others if you want. I bought since then 1 eth and 3 ltc and some xrp. In this d 3p i resist not panic selling and i did nothing apart from buy another eth and btc when it was at 600 and 12000. Then the dip continue and some of my friend sell to buy again when it was lower. Me since i was at a loss with alt coin i didnt do anything. Now i am still at loss with eth like 100 € and ltc like 200 € (coz i bought 3 at 290€) but its better than before. I am looking for advice. Did i behave ok? How to get better? Thanks
The best way for you is not to worry if your friend is selling an asset when the price drops Because only the most important patience for you to continue consistently in waiting for the price to increase again.So you can still gain profit although sometimes not maximal.
buy when price down, and sell when price up, thats basic rules to get income fast
you need learn about invest in crypto world, so you can earn profit or minimalize loss
you need learn about invest in crypto world, so you can earn profit or minimalize loss
Everyone knows about this and that is even the primary objective of any one trading at all. But the question that the answer seems to elude us is when is that time and how do you know. You sell, you realize price is increasing and you could have made more if only you waited. You want bought thnikng price will increase or recover but just otherwise happening. How exactly do one get out if this irony which I am sure Op is into.
I entered in this world unlucky when it was at its peak. I already had like 0.16 btc back in the day when it was like 6000.
I bought since then 1 eth and 3 ltc and some xrp. In this d 3p i resist not panic selling and i did nothing apart from buy another eth and btc when it was at 600 and 12000. Then the dip continue and some of my friend sell to buy again when it was lower. Me since i was at a loss with alt coin i didnt do anything. Now i am still at loss with eth like 100 € and ltc like 200 € (coz i bought 3 at 290€) but its better than before. I am looking for advice. Did i behave ok? How to get better? Thanks
If the whole market of cryptocurrency is a price drop - you do not need to sell your tokens. Keep hold, because after the price drop there is price growth I bought since then 1 eth and 3 ltc and some xrp. In this d 3p i resist not panic selling and i did nothing apart from buy another eth and btc when it was at 600 and 12000. Then the dip continue and some of my friend sell to buy again when it was lower. Me since i was at a loss with alt coin i didnt do anything. Now i am still at loss with eth like 100 € and ltc like 200 € (coz i bought 3 at 290€) but its better than before. I am looking for advice. Did i behave ok? How to get better? Thanks
ETH and LTC can be kept in a long time, and it seems to me ripple to wait for the price of the purchase and sell it. The forecast is 100%, but this is not accurate 
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I entered in this world unlucky when it was at its peak. I already had like 0.16 btc back in the day when it was like 6000.
I bought since then 1 eth and 3 ltc and some xrp. In this d 3p i resist not panic selling and i did nothing apart from buy another eth and btc when it was at 600 and 12000. Then the dip continue and some of my friend sell to buy again when it was lower. Me since i was at a loss with alt coin i didnt do anything. Now i am still at loss with eth like 100 € and ltc like 200 € (coz i bought 3 at 290€) but its better than before. I am looking for advice. Did i behave ok? How to get better? Thanks
I bought since then 1 eth and 3 ltc and some xrp. In this d 3p i resist not panic selling and i did nothing apart from buy another eth and btc when it was at 600 and 12000. Then the dip continue and some of my friend sell to buy again when it was lower. Me since i was at a loss with alt coin i didnt do anything. Now i am still at loss with eth like 100 € and ltc like 200 € (coz i bought 3 at 290€) but its better than before. I am looking for advice. Did i behave ok? How to get better? Thanks
many people at times see the value of a coin or token become panic. they continue to be exposed to domino effect for panic sell. whereas according to our belief the value of coin will continue to rise. if you are still affected it will be better if your investment is kept in offline wallet and save it for some time. panic sell effects actually exist because we always update about the existing news, and make us affected to sell it. as a suggestion only if you are investing and a lot of capital you may be able to divide in some part invest. for example 70% investment to bitcoin and ethereum sisany that is 30% you invest for other altcoin. so with 30% you can grow to see a new altcoin circulation that might give you a big profit. and do not forget to buy at a low price and sell at high price.
You seem okay, just wait for the price to increase as you didn't buy ETH and LTC when it was at an all time high. But the best thing to do next time is to buy low and sell high. Just hang in there man. Good luck
Buy low and sell high , no one tell you when market is high and when market is low we need to judge the charts and we need to study where it dumps and where it jumps thats crypto
IF you purchased Bitcoin when price was 6000$ why you sold?
IF you are Holding ltc or any coin just hold the coin dont worry about losses it will end up with big income then you will make a real storey of income with your friends.
Remember :- Never sell your bitcoins at loss , only sell if you really need the money or you are investing in thing which will give you better results than bitcoins
IF you purchased Bitcoin when price was 6000$ why you sold?
IF you are Holding ltc or any coin just hold the coin dont worry about losses it will end up with big income then you will make a real storey of income with your friends.
Remember :- Never sell your bitcoins at loss , only sell if you really need the money or you are investing in thing which will give you better results than bitcoins
Never sell Bitcoin at a loss, if you do, you will regret it on a long enough timeline. Just look at the people that sold at MtGox's peak in 2013, they felt like the biggest idiots in the world for 2 years, but look who is laughing now.
If you don't really need the money, let the position rest, be ready to hold at a loss for 1+ year.. eventually you will break even, and even end up with massive gains, as you can see.
Now, does this apply to altcoins? not really, no a single one I would feel confident holding at a loss for a long time.
If you don't really need the money, let the position rest, be ready to hold at a loss for 1+ year.. eventually you will break even, and even end up with massive gains, as you can see.
Now, does this apply to altcoins? not really, no a single one I would feel confident holding at a loss for a long time.
When you started in crypto invest only in a small amount to be not in falling profit.Buy on a cheapest price and sell it in a higher price to have more profits.Choose a best coins to have more income and profits in investing.
With cryptocurrency, when a coin is rising, there is no way to tell if it will keep rising or it will start falling,
so the golden rule is always to buy low and sell high and don't be greedy.
Make 1% profit is always better than loosing your money.
Bitcoin and Ethereum are the safest coins to invest in, just hold and prices will rise sooner or later.
so the golden rule is always to buy low and sell high and don't be greedy.
Make 1% profit is always better than loosing your money.
Bitcoin and Ethereum are the safest coins to invest in, just hold and prices will rise sooner or later.
I entered in this world unlucky when it was at its peak. I already had like 0.16 btc back in the day when it was like 6000.
I bought since then 1 eth and 3 ltc and some xrp. In this d 3p i resist not panic selling and i did nothing apart from buy another eth and btc when it was at 600 and 12000. Then the dip continue and some of my friend sell to buy again when it was lower. Me since i was at a loss with alt coin i didnt do anything. Now i am still at loss with eth like 100 € and ltc like 200 € (coz i bought 3 at 290€) but its better than before. I am looking for advice. Did i behave ok? How to get better? Thanks
I bought since then 1 eth and 3 ltc and some xrp. In this d 3p i resist not panic selling and i did nothing apart from buy another eth and btc when it was at 600 and 12000. Then the dip continue and some of my friend sell to buy again when it was lower. Me since i was at a loss with alt coin i didnt do anything. Now i am still at loss with eth like 100 € and ltc like 200 € (coz i bought 3 at 290€) but its better than before. I am looking for advice. Did i behave ok? How to get better? Thanks
This should be in trading discussion but it sounds like you did real good, you stuck to the basics and bought when the price was low. Now wait it out and sell when we return to a high. Nice work.
Buy low and sell high. Those are the basics. If you bought too high just hold onto it until you make a profit. Then you can sell. It's purely based on speculation. Takes a lot of research to really get good at it.
The best way is to start from small amount of money. Maybe its better to start from altcoins, they are more risky, but at the same time more profitable. So invest just a little and have a fun with trading. It'll help you to understand if you like it or not.
The standard response to this may be that a person has to spend years and lose a lot of money, to gain experience in trading, before they gain the skills and experience to consistently make money.
Trading is like many professions. It takes time to learn. A person starts at the bottom and works their way up the food chain. I've heard some claim that a person should expect to learn $10,000+ before they learn to consistently make money trading on the stock market.
It might be possible to avoid losses by trading in small amounts to gain experience. Taking $20 and trying to turn that $20 into $200 by trading on exchanges or in markets could be a good approach. Starting out as a beginner in attempting to trade large sums of money probably isn't a good idea. There are some people who manage to turn a good profit in their 1st trade. But consistently is probably the most important thing when it comes to trading and that usually takes time to learn.
Trading is like many professions. It takes time to learn. A person starts at the bottom and works their way up the food chain. I've heard some claim that a person should expect to learn $10,000+ before they learn to consistently make money trading on the stock market.
It might be possible to avoid losses by trading in small amounts to gain experience. Taking $20 and trying to turn that $20 into $200 by trading on exchanges or in markets could be a good approach. Starting out as a beginner in attempting to trade large sums of money probably isn't a good idea. There are some people who manage to turn a good profit in their 1st trade. But consistently is probably the most important thing when it comes to trading and that usually takes time to learn.
I dont understand why you are asking for "help" you did a very nice job in there, in fact you bought at some levels in where some people were not able to do it.
You bought bitcoin at $6000, what is wrong with that? You are already on a profit of 200%, and if you sold at 20000$ you could be a in profit of more than 300%.
You bought bitcoin at $6000, what is wrong with that? You are already on a profit of 200%, and if you sold at 20000$ you could be a in profit of more than 300%.
I think you made the right decision.
Just wait a little longer. You have nothing to lose as long as you don't need this money immediately. Selling now would mean that you are losing money. Nonesense! Wait until it bounces bakc, it surely will.
Just wait a little longer. You have nothing to lose as long as you don't need this money immediately. Selling now would mean that you are losing money. Nonesense! Wait until it bounces bakc, it surely will.
Its ok if i lose. I dont mind since i am here to learn. Thats why i asked for advice. Btw thank you for all the answer
It's hard to tell you how you can get better because it is all based on speculation.
We can't really know if it's going up or down, but the advice I can give you that you shouldn't invest more then you can afford to lose.
Always keep in your mind that altcoin trading is very risky and sometimes act like a casino, and if you are not sure what you are doing then you should stay outside.
Consider it betting money, if you invest at XRP without any reason, that's the same as putting your money at a sports game.
We can't really know if it's going up or down, but the advice I can give you that you shouldn't invest more then you can afford to lose.
Always keep in your mind that altcoin trading is very risky and sometimes act like a casino, and if you are not sure what you are doing then you should stay outside.
Consider it betting money, if you invest at XRP without any reason, that's the same as putting your money at a sports game.
I entered in this world unlucky when it was at its peak. I already had like 0.16 btc back in the day when it was like 6000.
I bought since then 1 eth and 3 ltc and some xrp. In this d 3p i resist not panic selling and i did nothing apart from buy another eth and btc when it was at 600 and 12000. Then the dip continue and some of my friend sell to buy again when it was lower. Me since i was at a loss with alt coin i didnt do anything. Now i am still at loss with eth like 100 € and ltc like 200 € (coz i bought 3 at 290€) but its better than before. I am looking for advice. Did i behave ok? How to get better? Thanks
I bought since then 1 eth and 3 ltc and some xrp. In this d 3p i resist not panic selling and i did nothing apart from buy another eth and btc when it was at 600 and 12000. Then the dip continue and some of my friend sell to buy again when it was lower. Me since i was at a loss with alt coin i didnt do anything. Now i am still at loss with eth like 100 € and ltc like 200 € (coz i bought 3 at 290€) but its better than before. I am looking for advice. Did i behave ok? How to get better? Thanks
Many people panic about the bitcoin and eth price dump in the market now. You are also one among them. Kindly don't consider the present dump and it is because of the hard fork in the price chart.
Today alone we find the 2000 USD and more in the price chart. This makes every people panic about the dump.
So of the people says this is the perfect correction on btc. It will show the growth in the chart.
If you're not entirely sure whether an investment will hold up, exit immediately once you've reached some kind of hefty profit since you don't know what you're dealing with. Also learned the hard way from experience, and paid quite a sum for it when I was a newb on trading altcoins. I thought that a pump would hold for longer and even though I was already in profit of about 50%, I still waited for the time until it reached the peak then bam, everything is falling apart around me. Right now you are left holding the bag if you don't want to sell to a loss, and that is better instead of losing money in the process but that's just me.
buy when price down, and sell when price up, thats basic rules to get income fast
you need learn about invest in crypto world, so you can earn profit or minimalize loss
you need learn about invest in crypto world, so you can earn profit or minimalize loss
I entered in this world unlucky when it was at its peak. I already had like 0.16 btc back in the day when it was like 6000.
I bought since then 1 eth and 3 ltc and some xrp. In this d 3p i resist not panic selling and i did nothing apart from buy another eth and btc when it was at 600 and 12000. Then the dip continue and some of my friend sell to buy again when it was lower. Me since i was at a loss with alt coin i didnt do anything. Now i am still at loss with eth like 100 € and ltc like 200 € (coz i bought 3 at 290€) but its better than before. I am looking for advice. Did i behave ok? How to get better? Thanks
I bought since then 1 eth and 3 ltc and some xrp. In this d 3p i resist not panic selling and i did nothing apart from buy another eth and btc when it was at 600 and 12000. Then the dip continue and some of my friend sell to buy again when it was lower. Me since i was at a loss with alt coin i didnt do anything. Now i am still at loss with eth like 100 € and ltc like 200 € (coz i bought 3 at 290€) but its better than before. I am looking for advice. Did i behave ok? How to get better? Thanks
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