Lots money invested on cryptocurrency, should I sell for liquidity?

arpon11

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Quote from: Trcream on May 24, 2018, 01:38:48 AM

If lots of your money was spent on cryptocurrency,
but now something emergency happened,
you need to withdraw those money,
while at same time,
if you hold still, there may be considerable profit in the future,
At this situation, What you will do?
follow us on https://t.me/DAGTofficial, and see what we gonna do~

If holding when the market is going down will assure profit then I think it is better to invest now. I think we should learn what you group have to say in other to be able to make an informed investments decision based on what you saying. This time last year we don't need to advise any one to hold but today that has become necessary. I believe that this time we should learn many ways that we can take the advantage of the cryptocurrencies market and make money from it either it is going down or up or bullish or bearish like it is in forex market.

nhattori27

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Well, if it is medical emergency then you don't have much option but to sell your coins. I would recommend you first exhaust all other options before going ahead with this plan.

emmybd

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If you can borrow from other sources then i suggest you shouldn't sell. It would be better if you continue to hold your assets, if there is no other option then sell some but not all your assets.

perfect999

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Quote from: Trcream on May 24, 2018, 01:38:48 AM

If lots of your money was spent on cryptocurrency,
but now something emergency happened,
you need to withdraw those money,
while at same time,
if you hold still, there may be considerable profit in the future,
At this situation, What you will do?
follow us on https://t.me/DAGTofficial, and see what we gonna do~

Why would anyone invest most of what they have in cryptocurrency? That’s a huge risk you’re taking, so I’m not going to click that link to read whatever article you’re referring to, it would be best if you copy what written there and post it here. And I will never be so stupid to invest all my money in cryptocurrency, it’s best to invest about 5% to 10%, or even less than that, cause I know some people that invest just 1% of what they have.

readygoaw

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Quote from: TVTVI on November 30, 2018, 11:05:36 AM

Quote from: alan2here on October 31, 2018, 10:54:07 PM

Quote from: anume123 on October 31, 2018, 09:36:21 PM

I also investing in bitcoin and other crypto coins that have a potential and reserve as a coin for me. Maybe in the past days will increase the price and earn a lot.

Everyone wants to be able to return to making money, but the market is in turmoil and investors are feeling disappointed with the value of the current penny. If you sell now, this would be a stupid idea as this is a time for people to buy and be able to make a profit in the future.

It is difficult for crypto viewers to work full time. It's too late for you to sell and cut the hole. I recommend finding a job as a source of income and keep track of the market. Good luck

Hope that this guy will follow your recommendation. The stable job is what he needs - the fellow can hold his cryptocurrencies and do not sell anything. The job will be a good source of an income.

TVTVI

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Quote from: alan2here on October 31, 2018, 10:54:07 PM

Quote from: anume123 on October 31, 2018, 09:36:21 PM

I also investing in bitcoin and other crypto coins that have a potential and reserve as a coin for me. Maybe in the past days will increase the price and earn a lot.

Everyone wants to be able to return to making money, but the market is in turmoil and investors are feeling disappointed with the value of the current penny. If you sell now, this would be a stupid idea as this is a time for people to buy and be able to make a profit in the future.

It is difficult for crypto viewers to work full time. It's too late for you to sell and cut the hole. I recommend finding a job as a source of income and keep track of the market. Good luck

Osarman

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Quote from: jrrsparkles on October 30, 2018, 03:00:45 AM

When there is an emrgency need for money you have to sell your money don't look for profits at the emergency situation that is what my opinion here.But it totally depends on the person and their character there are sompe people won't lose their profis even for the medical expenses of their close relatives or family person.

You have to have a back up plan for everything you expect to counter in future. I in the first place prefer to have funds allocated for emergency that are there despite what the situation is. The rest of the money you have should be apportioned among the needs and the saving for investment should go for the business.

I do not favor the loose economic decision that ultimately will leave you drowned. One has to manage things without thinking about the money invested in business. This is normally the start of getting unemployed if you sell a part pf your business for money.

sana54210

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Quote from: jrrsparkles on October 30, 2018, 03:00:45 AM

When there is an emrgency need for money you have to sell your money don't look for profits at the emergency situation that is what my opinion here.But it totally depends on the person and their character there are sompe people won't lose their profis even for the medical expenses of their close relatives or family person.

I know sometimes, life can deal us with things far more than we can handle, and in such cases, we may just have to sell some of our investments, even at loss, just to get that solved, and most especially when it has to do with life threatening issues.

However, it should always be known that for most part of it, unless it is an emergency that is far beyond someone's capacity to handle, then the person can sell, if not, knowing that the future of what I am holding is top notch, and if I can look for means to rally round and get things done, it would not be a bad idea.

alan2here

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Quote from: anume123 on October 31, 2018, 09:36:21 PM

I also investing in bitcoin and other crypto coins that have a potential and reserve as a coin for me. Maybe in the past days will increase the price and earn a lot.

Everyone wants to be able to return to making money, but the market is in turmoil and investors are feeling disappointed with the value of the current penny. If you sell now, this would be a stupid idea as this is a time for people to buy and be able to make a profit in the future.

anume123

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I also investing in bitcoin and other crypto coins that have a potential and reserve as a coin for me. Maybe in the past days will increase the price and earn a lot.

otundebis

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If something happens and you need to divest in order to attend to a very serious issues in your life, definitely you will have to sell in other to be able to hold another day! It is only when you are in the right state of mind that you can make decision to hold!

Roukawa

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Investment in cryptocurrency can be a life changer. Do not sell all your investment nowadays because the market is on the floor. You do not need to rush everything because it might grow backwardly. The best thing must OP do is to find a source of income and stay away from his investment. Look when you will see it grows, you will become glad you hold it.

rickadone

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Quote from: perfect999 on October 30, 2018, 01:55:47 AM

Quote from: BitcoinHunt3r on October 24, 2018, 04:18:22 AM

It means a lot of people still don't know that money they used in trading or investment must be free money, i talk about money that we really not use even anything happen. To avoid that mistake, it is about ourself, we must know how to split our own money into many pieces.

Of course that is one of the best and most important things that need to be kept in mind before investing in the crypto. You just disturb your investment plans and strategy if you consider the money you have put in crypto for emergency.

This should not be so. Those who let the money stay there for long reap its profits as well. In addition, one should always have extra cash for emergency that would be used rather than cashing the coins back in the down market. It shows the investor is not making rational decisions.

The idea of even being in this space is for the long term and that is basically one of the reasons why a lot of long term holders are still in this space at the moment and they have been able to reap the benefits eventually. Moreover, if you cannot see the future and invest because of that, all these will always be a problem to handle for such an individual, most especially when they just see this space as just some hit and run, get rich quick kind of thing. If you have invested lots of money than you can afford to see go down in the short term, then, that is a problem, but the only solution to that is to just believe in the future and wait for it.

Bitcotalk

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Quote from: Idrisu on October 24, 2018, 03:25:20 AM

This market is full of risk, though we most take risks in other to be able to make money. If you are losing and you sell at that price then you should expect bitcoin to losing money. Trading bitcoin and altcoins market create opportunity for people to make money and lose money.

I think it depends on if you believe in yourself or not. If you believe that when you liquidate your position and than trade your way back up than yeah you should do that, if you do not know if you will achieve that than don't. If you are a great trader than you can sell and than use that money to trade other stuff and work your way back up to what your bankroll use to be and that way you will still profit during these stagnant markets.

However if you just wait whatever you have could also rise with a bull market and make your money back. Bad thing about both sides is that, if you sell and trade than you may fail at that and lose even more, however if you wait than you are holding the same coin without profiting anything from it (thats why I prefer masternode coins because they yield or stakes at least). Try to decide how good you are trading and you will know the answer.

jrrsparkles

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When there is an emrgency need for money you have to sell your money don't look for profits at the emergency situation that is what my opinion here.But it totally depends on the person and their character there are sompe people won't lose their profis even for the medical expenses of their close relatives or family person.

perfect999

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Quote from: BitcoinHunt3r on October 24, 2018, 04:18:22 AM

It means a lot of people still don't know that money they used in trading or investment must be free money, i talk about money that we really not use even anything happen. To avoid that mistake, it is about ourself, we must know how to split our own money into many pieces.

Of course that is one of the best and most important things that need to be kept in mind before investing in the crypto. You just disturb your investment plans and strategy if you consider the money you have put in crypto for emergency.

This should not be so. Those who let the money stay there for long reap its profits as well. In addition, one should always have extra cash for emergency that would be used rather than cashing the coins back in the down market. It shows the investor is not making rational decisions.

Jating

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Quote from: Question123 on October 27, 2018, 03:17:47 PM

Incase you lost of your money and emergency you need a money you can withdraw if anytime you want. But I suggest withdraw only the money that you badley needed because incase the price of the coins that you have increase again possible also you get back your capital or even little money.

I totally disagree. If you are in dire situation and needed money then why not withdraw everything. What's important is the current situation, you needed all the money that you can get specially if its a life and death situation and totally forget about your investments.

Money would come, believed me. You can go back after everything's clear and if you have still some extra money then obviously you can buy and re-invest it on crypto and wait till it made a good ROI, rinse and repeat. That's why we have this old adage to invest what you can afford to lose, so that in case of emergency situation, you won't simply pull your investments and liquidate it.

Kiweikoo

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Quote from: blackhawkeye1912 on October 25, 2018, 10:32:26 AM

I'm assuming that you have bought your coins at high price. Now, the market has been in the downward trends since January, the question now is how about the invested amount if the market doesn't show any significant rise. This is the problem now, are you ready to lose your capital to avoid further loss?

If we look at this in broaden view then it will clarify everything like if liquidity decreases then volatility will increase and when liquidity increases volatility will decrease so we need increase in number of participants in the market. This will happen only if number of people start investing here in the Bitcoin either with big amount or small amount liquidity will increase that will result in stability and increase in price without any downtrend.

Supercrypt

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Quote from: carlisle1 on October 25, 2018, 09:43:07 AM

Quote from: Trcream on May 24, 2018, 01:38:48 AM

If lots of your money was spent on cryptocurrency,
but now something emergency happened,
you need to withdraw those money,
while at same time,
if you hold still, there may be considerable profit in the future,
At this situation, What you will do?
follow us on https://t.me/DAGTofficial, and see what we gonna do~

Lol as if you can help us incase of emergency situations

And besides this is the problem if you are pretending to he a holder but the truth is not,being a Crypto holder you must be spending the money that you can spare,meaning you must forgot about the capital and you will only withdraw in the right time you alotted unto this.so you will be ready

That is one thing a lot of people do not always tend to get most of the time. They see a space that is growing and developing, they hear a lot of people are getting rich, they want to key into that, but they are not ready to try as much as possible to understand the space before getting in and then they tend to make silly mistakes like over doing things, or putting all their life savings, joining FOMO all because they are looking for quick means and then before you know it, they are panicking and looking for a time to even be selling at loss. The best thing is to put in what you can afford to see go down, have an understanding of the market and never get caught up in FOMO, take advantage of the dips and you will always be better off.

Question123

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Incase you lost of your money and emergency you need a money you can withdraw if anytime you want. But I suggest withdraw only the money that you badley needed because incase the price of the coins that you have increase again possible also you get back your capital or even little money.

Topic: Lots money invested on cryptocurrency, should I sell for liquidity? (Read 625 times)