If you're ~15% in the red, is it crazy to sell? - page 7.

fiomcorka

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Quote from: shafi alam on November 06, 2018, 04:55:34 AM

Quote from: bitmover on October 14, 2018, 07:29:43 AM

Nobody knows what will the Bott be.

Ethereum may never recover, and go to 10 usd or less.

I am holding , but I think its a highly risk move.

There is no shame in selling at 15% loss. Better than sell at 90% loss

Its ok to 15% loss on low amount, but if its a big amount it could be question.

That seems you are newbie and trying to make good money from low capital in start. Don’t worry about loss. Every single loss ratio that comes to you in new days are golden chance for you to heal your loss with huge profit. They are best teachers that are providing you a guidelines and lessons of your loopholes. You can learn how to deal all of these shortcomings in future.

cryptohunter

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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG

Quote from: thegoatiest on October 14, 2018, 06:25:41 AM

Hey,
I didn't act on the recent crash,,, i had bought at about 230$ markets currently just above 200$
I know the right idea is likely to hold, as the market will go up eventually.. but i predict in the intermediate term it'll go down further.
I guess this is where the psychology of trading comes into play.. I'm in regret and want to sell at a 15% loss in order to have a chance of making the 15% back and then be able to continue trading as i was before the recent dip.

When you're 'marooned' with coins that are worth less than you bought them is the right idea; always to hold?
I just want to practise trading further... and have no spare capital to do so..

I think the bottom is almost in now. However, depending on a few factors I will pull out of trades where I am in the red if I can inject the leftover btc straight into something that I consider has an even better chance of rebounding harder.

Depends how confident you are in mid term it will sink further. I mean if you are confident it will sink further before the rebound then you must get out then back in later. I have not had amazing luck in these exact scenarios following that action though. Usually unless there is amazing opportunity I need money for at the time I will not pull out if it is already red unless new news comes to light that makes it look very negative compared to when I got in.

LOL reading that back I have not explained that well so I hope you can get what I mean.

Xiroartoni

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Quote from: thegoatiest on October 14, 2018, 06:25:41 AM

Hey,
I didn't act on the recent crash,,, i had bought at about 230$ markets currently just above 200$
I know the right idea is likely to hold, as the market will go up eventually.. but i predict in the intermediate term it'll go down further.
I guess this is where the psychology of trading comes into play.. I'm in regret and want to sell at a 15% loss in order to have a chance of making the 15% back and then be able to continue trading as i was before the recent dip.

When you're 'marooned' with coins that are worth less than you bought them is the right idea; always to hold?
I just want to practise trading further... and have no spare capital to do so..

I know what you mean, buddy. In my opinion it is not necessary to sit to wait for the sea weather. Just see what happens to the coin. Look at the road map, the news background, ask the developers what they are planning in the near future. So you will understand whether to keep it or to sell at a small loss and go to a more interesting coin. The main thing is not to sell the whole cutlet. Use a maximum of 20% of the Deposit, and better than 15% So you will be able to diversify the risk and slowly accumulate capital.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: jonhn772 on November 08, 2018, 03:52:35 AM

If any traders invest their money on some protensial coins and if they can see that coin has dropped -15. They will still hold their coins. Cause they know that price will increase again after some days or month.

People who have the patience will continue to hold. Someone may call them stubborn but thats not really true. A good project might need several years to get pumped up and produce on a large scale and during this period there will be change of hands of their shares or in case tokens or coinholders. Then again people come into speculative markets to make money and cashing out their assets does seem normal to those who are looking for only the profit and not a long term valuation.

Quote from: Diced90 on November 09, 2018, 04:57:58 AM

I don't think its crazy but its worth looking to see if this would be the worst of the fall because if it starts going green again is worth staying in.

You thinking the wrong way. If you are going to sell now you will lose your chance to get into the bullrun because when it starts you will not be able to catch up.

Diced90

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Get'em boys

I don't think its crazy but its worth looking to see if this would be the worst of the fall because if it starts going green again is worth staying in.

jhongzjhong

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https://bmy.guide

Quote from: Questat on November 09, 2018, 04:33:01 AM

Quote from: jonhn772 on November 08, 2018, 03:52:35 AM

If any traders invest their money on some protensial coins and if they can see that coin has dropped -15. They will still hold their coins. Cause they know that price will increase again after some days or month.

The dropped is normal in crypto, I even see my coins dropped more than 50% and I still hold and fortunately I was able to cash out with a profit.
Of course that was before when the market is still small and price could rise and drop anytime, but I still believe even if the price is cheap at the moment we can be profitable in we hold.

We are the same situation as here, I also invested bitcoin last year and deposit it into the exchange to start trading but months go on and until this year market price was drastically down and I can't make a profit for sure when I saw my portfolio was already down at 30% from my investment capital. So, I decided to stop and hold for a moment until I have reached the price amount which I purchased bitcoin before.

Questat

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Quote from: jonhn772 on November 08, 2018, 03:52:35 AM

If any traders invest their money on some protensial coins and if they can see that coin has dropped -15. They will still hold their coins. Cause they know that price will increase again after some days or month.

The dropped is normal in crypto, I even see my coins dropped more than 50% and I still hold and fortunately I was able to cash out with a profit.
Of course that was before when the market is still small and price could rise and drop anytime, but I still believe even if the price is cheap at the moment we can be profitable in we hold.

jonhn772

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Security and Privacy Features on the Blockchain

If any traders invest their money on some protensial coins and if they can see that coin has dropped -15. They will still hold their coins. Cause they know that price will increase again after some days or month.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Pattart on November 06, 2018, 04:34:04 AM

Whatever the conditions, of course do not ever panic and fear because you will not be able to make the right choice according to circumstances if you are still panicking. a 15% decrease does not mean a bad thing or maybe the beginning of a bad thing. so don't panic, do technical analysis and you will know what you have to do

But not everyone here can do technical analysis. Those who can wont be here to post in threads they would be using their knowwledge to manipulate the market and make money in doing so. Dont listen to every other person talking about technical analysis because they are mostly frauds trying to pump their own coins or some similar propaganda.

Quote from: meusyou on November 06, 2018, 05:20:32 PM

One key attributes of good traders is that they focus on both profit and loss. My advice to you is, whenever you want to enter a trade, ensure you determine how much you're willing to loss and set stop loss according. Also, you should know when to sell.

Willing to lose is ok for a new trader but trust me nobody want to exit at a loss. Would you like to exit a loss? I doubt it.

drachman

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If I am an investor then that amount of money lost is not going to make me sell but if I am a trader that percentage is simply too much and you should have sold a lot earlier, while it is likely that you could recover from such a loss when the market bounces back that is not a risk you want to take if you are a short term trader since it will take you forever to recover that money.

meusyou

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One key attributes of good traders is that they focus on both profit and loss. My advice to you is, whenever you want to enter a trade, ensure you determine how much you're willing to loss and set stop loss according. Also, you should know when to sell.

LSt56

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if I become you, I will decide after doing some research. If indeed you feel hesitant to keep holding, there is no harm in selling because I think losing 15% is not too heavy than later you experience greater losses.

bryant.coleman

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IMO, it is better to sell your coins at a 15% loss rather than waiting until the coin loses 90% of its value. And I am saying this out of my own experience with GBYTE (and some of the other smaller altcoins).

jony35490

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If you can't wait anymore time, then you need to sell out at 15% loss.But if you have enough patience and if you invested into a promising project, then wait for price recover.

shafi alam

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Quote from: bitmover on October 14, 2018, 07:29:43 AM

Nobody knows what will the Bott be.

Ethereum may never recover, and go to 10 usd or less.

I am holding , but I think its a highly risk move.

There is no shame in selling at 15% loss. Better than sell at 90% loss

Its ok to 15% loss on low amount, but if its a big amount it could be question.

shafi alam

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I think its depend on how much do you, how much do you can take risk, is it very important money to you.

if it is small amount of money, then you can consider.
if it is not important money to you, then you can spare some moment.

Pattart

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Quote from: emberbekas on October 27, 2018, 07:07:43 AM

Quote from: TheUltraElite on October 27, 2018, 03:01:33 AM

Quote from: biletskiy on October 25, 2018, 04:18:50 AM

Even in this case it is better hold the cryptocurrencies that you have. 15% loss is really not too much but you will be in minus if you sell everything. Be more patient.

You are wrong, a 15% loss will make people panic about their holdings. After all majority of the holders of coins are speculating on how the bubble becomes and not the intrinsic use of a coin. Thus they are prone to panic. Usually those who play the day trading game, know when to exit but if you are hodling then you will get alarmed and in dire cases might get afraid and sell off your holding. For bitcoin to drop its not of much significant because it will go back up surely and gradually.

But for altcoins - you might want to question your ideals of holding - it becomes a personal choice in the end obviously.

Declining the investment values in the large number will certainly make people panic but how these people manage their feelings so as not to direct them to make the wrong decisions is what we must learn. Up and down in values from our investment are the two things that can't be avoided.

Whatever the conditions, of course do not ever panic and fear because you will not be able to make the right choice according to circumstances if you are still panicking. a 15% decrease does not mean a bad thing or maybe the beginning of a bad thing. so don't panic, do technical analysis and you will know what you have to do

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: pinoyden on October 27, 2018, 05:42:22 AM

only noobs will only panic but veteran and pro hodlers will not . why panic if you know that the market drop is only normal and part of the game ? 15% or above is still recomendable BUT as long as you badly need the money , if not then there's no point of selling your coins at a huge loss .

You have no idea how many noobs are there browsing this forum. The pro-people as you speak of dont come to this forum at all. They are watching the markets and then buying at the dip with their money because the latter has no ends for them. For the less fortunate people a dip of 15% does include panic because it is their hard earned money. Same for the whales but they keep a lot of money to not be in a loss even if there is a dip, because they are prepared for it.

Quote from: emberbekas on October 27, 2018, 07:07:43 AM

Declining the investment values in the large number will certainly make people panic but how these people manage their feelings so as not to direct them to make the wrong decisions is what we must learn. Up and down in values from our investment are the two things that can't be avoided.

Its about nerves. Those who have nerves that dont panic are good to go.

shadyrifles

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Quote from: thegoatiest on October 14, 2018, 06:25:41 AM

Hey,
I didn't act on the recent crash,,, i had bought at about 230$ markets currently just above 200$
I know the right idea is likely to hold, as the market will go up eventually.. but i predict in the intermediate term it'll go down further.
I guess this is where the psychology of trading comes into play.. I'm in regret and want to sell at a 15% loss in order to have a chance of making the 15% back and then be able to continue trading as i was before the recent dip.

When you're 'marooned' with coins that are worth less than you bought them is the right idea; always to hold?
I just want to practise trading further... and have no spare capital to do so..

This could be absolutely not a universal formula for the trading, Buying/Selling of a coin depends on the current market situation, related news and the situation of the project. Although I always prefer not to sell in Red, the trader should wait for the recovery and sell.

Arthurian60

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Sometimes there could be red day and in the mist of the red day you could be 10-15% down. Sometimes the right move is to sell of and buy when there is massive drop and if there is no drop in price you move to another coin or trade. We should not trade with emotions at all as it can affect us negatively.

Topic: If you're ~15% in the red, is it crazy to sell? - page 7. (Read 2482 times)