Topic: If you are regretting not encashing read this ' (Read 561 times)
If a person has previously invested in Bitcoin, which has now risen in price, he can sell it in parts. I mean partially take profit, and not to expect strong growth. This is an option to make a profit at an existing price for a digital asset.
The last dip it's around $3000 and we reach more than $8000, that's gain was 100% if we compare about the price went he down from $20.000 to $3000 that just only -80% capital. If someone invested again at $3000 with the same amount/investment at $20.000 with this current price his money already back again and got some profit of around 20%. This correction was normal, I was really fine with this current price because I don't want the price keeping up without some a good correction. That's was not a good market, a masive pump can bring masive dump remember that.
Yes because there are few people who understand correction, they assume that when bitcoin goes down there will be bad things. So this is normal that happens in any exchange, when bitcoin has reached its saturation point and will continue the pump.
So now we just have to wait when this correction will end, without worrying about anything.
Yes, bitcoin or any other crypto currency cannot go straight up. After every upward movements, the bitcoins should take the correction and after correction it moves further up and creates another high.
Kudos to everyone who is still holding , trust me when it rises up you guys are going to be proud of the fact that you didn't encashed and stayed put.
If you believe in Bitcoin, you will hold it for the long term. Bitcoin will be staying and just keep in mind about the law of supply, we have only limited supply of Bitcoin. I still accumulate more bitcoins for every dip and hold it as long as I have money for my daily lives if I have spare funds, I put it on my trading account or buy more bitcoins.If you are a holder and not a trader, you can accumulate the bitcoins at every dip and after year or two when you will see the price of bitcoin, you will be millionaire by that time. The main thing is that you keep on holding and do not panic sell.
The last dip it's around $3000 and we reach more than $8000, that's gain was 100% if we compare about the price went he down from $20.000 to $3000 that just only -80% capital. If someone invested again at $3000 with the same amount/investment at $20.000 with this current price his money already back again and got some profit of around 20%. This correction was normal, I was really fine with this current price because I don't want the price keeping up without some a good correction. That's was not a good market, a masive pump can bring masive dump remember that.
Yes because there are few people who understand correction, they assume that when bitcoin goes down there will be bad things. So this is normal that happens in any exchange, when bitcoin has reached its saturation point and will continue the pump.
So now we just have to wait when this correction will end, without worrying about anything.
Hey everyone I know it's hard to actually just sit and wait for the price to go up and when you are at this phase , there is this very difficult decision to make and that is
* Either keep the Currency or encash *
Right now the price sipked suddenly that was a rare case scenario and something that gave us good signals after a pretty long time (2017 ) , unfortunately after the bull run continued for over a week , price suddenly declined.
It reached way closer to 6k $
But now again we are at 7k $ approx .
The reason of price decline is still unclear but it was hinted that in Germany some major people are against this Currency and actually wanted to ban it.
Since Germany is situated in Europe , many European countries might get influenced and think about adding to their decision.
But nothing was decided and Bitcoins somehow attained a stable state of 7k $
Now if you are feeling sad about not encashing there here are some points for you to feel good about :-
Major companies are hinting a bull run in near future starting from 22 May
The average price of Bitcoins is still higher than the past one therefore it's amazing how it has gained that much weight after all this , therefore a spike is inevitable.
Major exchanges are predicting price as high as 20k $ or even higher , I don't believe in such weird had to achieve assumptions but all we can think of is , even if it does 50% of this , it's going to be fine.
Kudos to everyone who is still holding , trust me when it rises up you guys are going to be proud of the fact that you didn't encashed and stayed put.
This is how a trader should be * Patient * .
Everything find for some extent based on my experience taking profit at regular interval of time is really good practice . I regretted lot in past no to take profit in time now i feel taking profit in correct time also required for trader to have a faith in crypto currency . * Either keep the Currency or encash *
Right now the price sipked suddenly that was a rare case scenario and something that gave us good signals after a pretty long time (2017 ) , unfortunately after the bull run continued for over a week , price suddenly declined.
It reached way closer to 6k $
But now again we are at 7k $ approx .
The reason of price decline is still unclear but it was hinted that in Germany some major people are against this Currency and actually wanted to ban it.
Since Germany is situated in Europe , many European countries might get influenced and think about adding to their decision.
But nothing was decided and Bitcoins somehow attained a stable state of 7k $
Now if you are feeling sad about not encashing there here are some points for you to feel good about :-
Major companies are hinting a bull run in near future starting from 22 May
The average price of Bitcoins is still higher than the past one therefore it's amazing how it has gained that much weight after all this , therefore a spike is inevitable.
Major exchanges are predicting price as high as 20k $ or even higher , I don't believe in such weird had to achieve assumptions but all we can think of is , even if it does 50% of this , it's going to be fine.
Kudos to everyone who is still holding , trust me when it rises up you guys are going to be proud of the fact that you didn't encashed and stayed put.
This is how a trader should be * Patient * .
i am sure those who refused to cash out would not be surprised because their earnest expectation is to rejoice at last. most of them would have summarized in their mind to wait until they have what they wished. as risky as it may be many of them have other sources of income to enhance their patience.
DO NOT believe all the FUD that are doing the rounds, rather look at the fact. Bitcoin showed a nice correction, until an experienced trader in the Asian market decided to dump a few thousand coins on a single exchange and this caused a ripple affect, where automated bots started to kick in to signal a "sell" option. 
The German government cannot stop Bitcoin growth globally with their political decisions, because there are more than enough bigger markets out there, that are in full support of Bitcoin.
The German government cannot stop Bitcoin growth globally with their political decisions, because there are more than enough bigger markets out there, that are in full support of Bitcoin.
Thanks for this consolidating statements. I am one of those who didn't encash btc, yet. Though I can see it coming that it will gonna dump, I wasn't expecting that it will go down that low as $7k. Anyhow, I've been reading lots of predictions and you're right. Some are saying, another bull run will gonna happen. Though, it's too early to expect since some predictions are happening otherwise. The only hope I've got is to still hodl and wait for another pump.
are they planning another world war for crypto currencies; D. just kidding I heard that they are going to build a blockchain institute and that is going to spread knowledge about blockchain. and as we know if blockchain is there then bitcoin also has to be there. as right now they do not understand the value of these coins and I am not talking about the monetary value I mean its potential.
Here in the crypto scene there is no room for regrets because everyone here is not late , no one is left behind , everyone can catch up because cryptos are expected to rise , recover and grow more ( as long as you hodl the correct set of coins ) . if your still emotional and feel regretful just because you missed the boat then you need to rework that attitude because that attitude can be your biggest hindrance , that might hold or limit your potential gains .
Kudos to everyone who is still holding , trust me when it rises up you guys are going to be proud of the fact that you didn't encashed and stayed put.
If you believe in Bitcoin, you will hold it for the long term. Bitcoin will be staying and just keep in mind about the law of supply, we have only limited supply of Bitcoin. I still accumulate more bitcoins for every dip and hold it as long as I have money for my daily lives if I have spare funds, I put it on my trading account or buy more bitcoins.
Nice write up kudos to all of us, I know the recent decline in price was just a temporary set back because even as the price decline it was not to much and it still remains around $7000 which was still a fair deal. I kept holding because I know that in no time from now the bitcoin market is going to go on moon again and selling at this time is like selling out of panic.
Anything can happen in bitcoin price either bitcoin will continue to increase it's price and reach a new record again or either bitcoin will be stuck in less than 10k$ then continue to fall.
No one really knows how the market will move in the following months and years. Predictions can't be trusted knowing that the market can't be predicted correctly but if you are in the crypto community for several years already then there is a big chance that you can at least try think what will happen next base on the past market conditions.
No one really knows how the market will move in the following months and years. Predictions can't be trusted knowing that the market can't be predicted correctly but if you are in the crypto community for several years already then there is a big chance that you can at least try think what will happen next base on the past market conditions.
It's simple but amazing how many people do not do 'both.' The options are NOT 'all in' or 'all out.' If you believe it will one day reach a much higher price range, then put away some to truly HOLD. Hold 1 btc and trade 19 btc if you feel it's a passing trend... or hold 100 btc and trade 2 btc if you think the long term gains will be better or 80/20 or 40/60....... whatever your philosophy or amounts you have. Everytime you want to invest in something you don't sell your house (hopefully) right? Everytime you make a gain you don't buy a new car and then sell it when the market is down.
BOTH is better.
BOTH is better.
It's always a very delicate scenario that we don't have much control over it. If one big hodler starts selling (dumping), everyone else will follow the trend, as nobody wants to lose this peak to earn some profit. It's a cascade effect.
For sure it's better to hodl, but on the practice it's not what always happen as the market is volatile and unpredictable. We need to move as the market moves, otherwise we are harming ourselves.
For sure it's better to hodl, but on the practice it's not what always happen as the market is volatile and unpredictable. We need to move as the market moves, otherwise we are harming ourselves.
Such support is now necessary for many, so you wrote everything correctly. We've been waiting over a year for the market to finally come back, and this is already happening. Now we have to wait just a little longer.
Hey everyone I know it's hard to actually just sit and wait for the price to go up and when you are at this phase , there is this very difficult decision to make and that is
* Either keep the Currency or encash *
Right now the price sipked suddenly that was a rare case scenario and something that gave us good signals after a pretty long time (2017 ) , unfortunately after the bull run continued for over a week , price suddenly declined.
It reached way closer to 6k $
But now again we are at 7k $ approx .
The reason of price decline is still unclear but it was hinted that in Germany some major people are against this Currency and actually wanted to ban it.
Since Germany is situated in Europe , many European countries might get influenced and think about adding to their decision.
But nothing was decided and Bitcoins somehow attained a stable state of 7k $
Now if you are feeling sad about not encashing there here are some points for you to feel good about :-
Major companies are hinting a bull run in near future starting from 22 May
The average price of Bitcoins is still higher than the past one therefore it's amazing how it has gained that much weight after all this , therefore a spike is inevitable.
Major exchanges are predicting price as high as 20k $ or even higher , I don't believe in such weird had to achieve assumptions but all we can think of is , even if it does 50% of this , it's going to be fine.
Kudos to everyone who is still holding , trust me when it rises up you guys are going to be proud of the fact that you didn't encashed and stayed put.
This is how a trader should be * Patient * .
* Either keep the Currency or encash *
Right now the price sipked suddenly that was a rare case scenario and something that gave us good signals after a pretty long time (2017 ) , unfortunately after the bull run continued for over a week , price suddenly declined.
It reached way closer to 6k $
But now again we are at 7k $ approx .
The reason of price decline is still unclear but it was hinted that in Germany some major people are against this Currency and actually wanted to ban it.
Since Germany is situated in Europe , many European countries might get influenced and think about adding to their decision.
But nothing was decided and Bitcoins somehow attained a stable state of 7k $
Now if you are feeling sad about not encashing there here are some points for you to feel good about :-
Major companies are hinting a bull run in near future starting from 22 May
The average price of Bitcoins is still higher than the past one therefore it's amazing how it has gained that much weight after all this , therefore a spike is inevitable.
Major exchanges are predicting price as high as 20k $ or even higher , I don't believe in such weird had to achieve assumptions but all we can think of is , even if it does 50% of this , it's going to be fine.
Kudos to everyone who is still holding , trust me when it rises up you guys are going to be proud of the fact that you didn't encashed and stayed put.
This is how a trader should be * Patient * .
Thank you for this insight ,i do admit i fail to encash last 2017 so my folio crashed when the market dump last 2018
Im really conscious with the market right now
*Mic drop*
This thread is epic my friend. You are pretty much summing up what the future will be and ending with a pretty cool message that will probably make a lot of people feel comfortable and have faith.
You are in fact preaching for the future of mankind and a much better future. Things right now in the world are not ok to say the least and they really need to improve.
Long term is the right way to go by far.
This thread is epic my friend. You are pretty much summing up what the future will be and ending with a pretty cool message that will probably make a lot of people feel comfortable and have faith.
You are in fact preaching for the future of mankind and a much better future. Things right now in the world are not ok to say the least and they really need to improve.
Long term is the right way to go by far.
Nope look at the price at coin market cap goes back at 8,000$ the signal for possible bitcoin sky rocket coming soon just give a little bit patience.
To the people nervous and regretting the latest crash was now very thankful because the price bounce again and possible to reach 10,000$ this month.
To the people nervous and regretting the latest crash was now very thankful because the price bounce again and possible to reach 10,000$ this month.
Whatever the speculation is, we have to consider that, but at this time, we should not be affected by FUD.
The bull market has come, it will stay longer, maybe longer than the bear market stayed last year, and this time around we are given a chance to sell.
If the price will hit a new ATH, that would be a big achievement this year and as a holder I will be proud because I never panic last year.
The bull market has come, it will stay longer, maybe longer than the bear market stayed last year, and this time around we are given a chance to sell.
If the price will hit a new ATH, that would be a big achievement this year and as a holder I will be proud because I never panic last year.
Hey everyone I know it's hard to actually just sit and wait for the price to go up and when you are at this phase , there is this very difficult decision to make and that is
* Either keep the Currency or encash *
Right now the price sipked suddenly that was a rare case scenario and something that gave us good signals after a pretty long time (2017 ) , unfortunately after the bull run continued for over a week , price suddenly declined.
It reached way closer to 6k $
But now again we are at 7k $ approx .
The reason of price decline is still unclear but it was hinted that in Germany some major people are against this Currency and actually wanted to ban it.
Since Germany is situated in Europe , many European countries might get influenced and think about adding to their decision.
But nothing was decided and Bitcoins somehow attained a stable state of 7k $
Now if you are feeling sad about not encashing there here are some points for you to feel good about :-
Major companies are hinting a bull run in near future starting from 22 May
The average price of Bitcoins is still higher than the past one therefore it's amazing how it has gained that much weight after all this , therefore a spike is inevitable.
Major exchanges are predicting price as high as 20k $ or even higher , I don't believe in such weird had to achieve assumptions but all we can think of is , even if it does 50% of this , it's going to be fine.
Kudos to everyone who is still holding , trust me when it rises up you guys are going to be proud of the fact that you didn't encashed and stayed put.
This is how a trader should be * Patient * .
* Either keep the Currency or encash *
Right now the price sipked suddenly that was a rare case scenario and something that gave us good signals after a pretty long time (2017 ) , unfortunately after the bull run continued for over a week , price suddenly declined.
It reached way closer to 6k $
But now again we are at 7k $ approx .
The reason of price decline is still unclear but it was hinted that in Germany some major people are against this Currency and actually wanted to ban it.
Since Germany is situated in Europe , many European countries might get influenced and think about adding to their decision.
But nothing was decided and Bitcoins somehow attained a stable state of 7k $
Now if you are feeling sad about not encashing there here are some points for you to feel good about :-
Major companies are hinting a bull run in near future starting from 22 May
The average price of Bitcoins is still higher than the past one therefore it's amazing how it has gained that much weight after all this , therefore a spike is inevitable.
Major exchanges are predicting price as high as 20k $ or even higher , I don't believe in such weird had to achieve assumptions but all we can think of is , even if it does 50% of this , it's going to be fine.
Kudos to everyone who is still holding , trust me when it rises up you guys are going to be proud of the fact that you didn't encashed and stayed put.
This is how a trader should be * Patient * .
There is no need to rush things, 20k is too much too soon, if it comes it is bound to correct like it did in 2017. But yes, a time will come when 20k is correct, just not so quickly.
Talk about banning is stupid, the few countries that did have zero chance of actually preventing peers from transacting with it privately. They might persecute people if they don't take precautions, which is the sad part.
Traders not only need to be patient, they must diversify their portfolio, and never invest what they can't afford to lose. Not because they will lose it, but because it will let you thing things calmly and not rush and make mistakes on impulse, which is what makes people lose their money.
A bought bitcoin is still a bought bitcoin, no matter what price you paid for it with another currency. You can only talk about "winning" or "losing" that other currency only when you exchange it back. The only difference is the higher you buy, the longer you will probably have to wait longer for selling it and earn a profit in that other currency. Which is why its nice to invest something you don't have to use right away, because you might be for a long wait if you bought high instead of low.
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