Topic: If you are regretting not encashing read this ' - page 2. (Read 561 times)
The reasons behind the odd behavior of the market is unclear, like we can think of a million reasons why the price has gone up and down, if you are in it just for the money and you are trying to think so hard about all of this and keep speculating than you are just gonna keep making bad decisions, bitcoin will always keep on going up and it never stops to surprise us, like back in 2017 no one in their mind though that bitcoin was going to be able to go from 6k to almost 20k in just a couple of months, and these couple of month bitcoin went from 3k to 8k so obviously you would be a fool if you are thinking of cashing out at this period of time right when it is about to make a run for the high prices.
Despite my wife laughing at the last word, she misread that, the price is falling but it is not lower than the previous price that we have which is in the range of $3000 to $4000. We should be really patient, patience is a great virtue especially as an investor. If you invested earlier at the price that I said, even if the price is falling, you should have no regrets.
Years of experience showed me that, you can't buy at the lowest point and you can't sell at the highest. The best way is to earn while trading is, make a target and sell when you reach that. And never get saddened because it grows after you sell, think about there is a buyer who got it from you and he should earn some profit too.
If you sell anything just don't look back. And if you hold anything don't blame yourself because you didn't sell just set a level which you think it will enough for you, don't be greedy. And eventually, you will earn a good profit.
If you sell anything just don't look back. And if you hold anything don't blame yourself because you didn't sell just set a level which you think it will enough for you, don't be greedy. And eventually, you will earn a good profit.
This is one thing that I learned here in crypto.
If you already sold your coins or tokens, don't check its price over and over again.
This will give you headache and regrets that will cause stress on you.
Once you sold it, you need to move on and look for other opportunities.
You should not regret whatever decision in trading you are making.
Remember that at that point, you are making a good deal for yourself and not for anyone else.
Slight but is part of ourlives they want earn huge so no need to regret and of course I still strongly believe after the red price pumping again and reach 10k usd prediction before end of this month.
~snip~ .
It actually depends on what kind of investor/trader are you.Some would hold no matter what and some would tend to sell out when they do see gains.Its just like how it works.There might be some bullish predictions or rumors but those things aren't still guaranteed to happen.We know on how this
crypto market is way too unpredictable that's why if you do aim for longer prospects then better stick out to the best coin out there which is bitcoin and to some altcoins as well.
I was at the point of deciding to cash out all of my assets in Bitcoin because I was nearly convinced that it was the right moment to cash out everything. However, what I did was I cashed out the 50% of my assets and kept another 50% in my wallet so that, If the value will go high, I won't regret. If the value went down, I won't also regret. Because this is life. You have to be open and know both sides.
Yes patient is the key but we could also use the current event as a way to earn more.
Just think about of those who encash your Bitcoin when it was above the current price then invest that money again then you already gain more than just holding it.
We all have different methods on trading I am not saying that it would be effective because it is also risky.
Just think about of those who encash your Bitcoin when it was above the current price then invest that money again then you already gain more than just holding it.
We all have different methods on trading I am not saying that it would be effective because it is also risky.
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 .
It reached way closer to 6k $
But now again we are at 7k $ approx .
seem pretty normal to me, FOMO make the price up to 8K$ the relative strength index very high on that day. let's just say it was only a correction of the price, depression will occurred in this process, people who bought high at 8K$ should be patient. same thing has been happened in 2017, once Bitcoin is on bullish pattern it can't be stopped. I was speculating for Bitcoin to hit above 10K$ in 2019.
Lot's of events and occurrence would affect the price of Bitcoin and it's actually happening mostly every day.
It may be true that Germany has an impact on the price changes but it's just for us whether to sell and to hodl.
Dealing with the changes in Bitcoin's price is important for us to gain a profit.
It's either we'll know how to play or we'll lose the opportunities offered by crypto.
It may be true that Germany has an impact on the price changes but it's just for us whether to sell and to hodl.
Dealing with the changes in Bitcoin's price is important for us to gain a profit.
It's either we'll know how to play or we'll lose the opportunities offered by crypto.
Not all the time the price is in a steady movement upwards there is this case when the price suddenly went down and that is volatility for you But even though the price is in a declining state there is still a chance of coming back up you just have to believe and have faith in what can bitcoin do, And in the past the movement is always like this, Bitcoin is the same back then and right now it is really unpredictable and if you have less patient in waiting then you lose everything.
Yes, prices will not run in just one direction. Up and down is very common but it seems, for the long-term trend, it looks like the signal showed a sign of an increase. So, when a correction occurs, that will be a good time to start to jump into the market.
Years of experience showed me that, you can't buy at the lowest point and you can't sell at the highest. The best way is to earn while trading is, make a target and sell when you reach that. And never get saddened because it grows after you sell, think about there is a buyer who got it from you and he should earn some profit too.
If you sell anything just don't look back. And if you hold anything don't blame yourself because you didn't sell just set a level which you think it will enough for you, don't be greedy. And eventually, you will earn a good profit.
If you sell anything just don't look back. And if you hold anything don't blame yourself because you didn't sell just set a level which you think it will enough for you, don't be greedy. And eventually, you will earn a good profit.
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 * .
I am regretting I was not encashing but it is not matter of these days. I am regretting I've not encashed when Bitcoin falls from 20K to 3K. It is my biggest regret in my life....
Well there's two school of thoughts here, it's either you want to profit short term, then you can encash it as long as you are in a positive, or just HODL. But majority of us knows that bitcoin is the best performing assets so it should be look as a long term investment. If you don't have the patience, then crypto is not for you. Maybe you can just go on other business like buy and sell, just saying.
If you have a good amount of capital and you can sustain your needs, then aiming for long term will be fits for you, there's always options to choose whether to go short or keep aiming for higher rewards, crypto business is for those who loves taking the risk and willingly to wait for a big surprise coming from this venue of investment. 
Well there's two school of thoughts here, it's either you want to profit short term, then you can encash it as long as you are in a positive, or just HODL. But majority of us knows that bitcoin is the best performing assets so it should be look as a long term investment. If you don't have the patience, then crypto is not for you. Maybe you can just go on other business like buy and sell, just saying.
Not all the time the price is in a steady movement upwards there is this case when the price suddenly went down and that is volatility for you But even though the price is in a declining state there is still a chance of coming back up you just have to believe and have faith in what can bitcoin do, And in the past the movement is always like this, Bitcoin is the same back then and right now it is really unpredictable and if you have less patient in waiting then you lose everything.
What "major companies" are you talking about?Can you mention a few?
I don't care about what german politicians think about bitcoin.Even if Germany and the EU ban bitcoin,there's is still the rest of the world that embraces btc.
I'm still hodling my bitcoins and no price crash will convince me to sell.
I don't care about what german politicians think about bitcoin.Even if Germany and the EU ban bitcoin,there's is still the rest of the world that embraces btc.
I'm still hodling my bitcoins and no price crash will convince me to sell.
Quote from: fiulpro link=topic=5144640
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.
You are probably right that this is not the end of the bull run, but depending on the purposes the risks should be evaluated accordingly.
the reason is actually pretty clear in my opinion it was a simple correction that was followed by some panic from weaker hands. or in other words the same trend as always whenever we have a rise like this after a long drop.
as we saw, the drop was sharp and unexpected, and more importantly it "bounced back up" instead of slowly recovering which is the clear proof that it was a panic move not an actual sell by traders.
as for selling, i have to say if people haven't made up their mind about their investment in bitcoin and keep panicking at obvious scenarios like this then maybe they should sell and save themselves a lot of sleepless nights.
as we saw, the drop was sharp and unexpected, and more importantly it "bounced back up" instead of slowly recovering which is the clear proof that it was a panic move not an actual sell by traders.
as for selling, i have to say if people haven't made up their mind about their investment in bitcoin and keep panicking at obvious scenarios like this then maybe they should sell and save themselves a lot of sleepless nights.
Major companies are hinting a bull run in near future starting from 22 May
That is just very specific. I want it to happen but I am skeptic about that Major companies are hinting on it. It might just be an elaborate plan to let small fries initiate a bull run and for them to dump on us. Just another bull trap.
That will be our mistake if we do not cash out our profit and decide to delay for a while because we want to make a bigger profit.
As long as you can see, you can make a profit, and it is better to sell your coins while you still have a chance to get more bitcoin.
Do not wait for the high price if you don't have any information about when the price will reaching another higher price, and there is no trader will know about that.
I don't regret because I cannot sell at the right time because I have my reason to hold the coins still and besides that, I have a target price to sell, so I am fine to wait for more.
As long as you can see, you can make a profit, and it is better to sell your coins while you still have a chance to get more bitcoin.
Do not wait for the high price if you don't have any information about when the price will reaching another higher price, and there is no trader will know about that.
I don't regret because I cannot sell at the right time because I have my reason to hold the coins still and besides that, I have a target price to sell, so I am fine to wait for more.
Jump to: