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Topic: Lots money invested on cryptocurrency, should I sell for liquidity? - page 2. (Read 625 times)

full member
Activity: 783
Merit: 100
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?
maybe the person is stuck in a purchase at a high price, now the market has not recovered so maybe this can be used as a way to become an experience. when investment is losing now it may not be too forced to be in crypto, this is a process that must be carried out and done according to ability.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
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?
This totally depends on the person and the situation of the market. Let me rephrase your last sentence, "Are you ready to let go your capital to avoid further risks and "opportunities"?". You see, I used the word "risk" and "opportunities" instead of just "loss". Since, holding your capital does not mean that you will be losing further in the future. The market is unpredictable, and selling off your investment means you are giving up the probable opportunities to make profit.
hero member
Activity: 980
Merit: 523
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?
In most cases, things like what the OP asked are always dependent on you as a person. Considering the fact that there is a likelihood of sometimes tending to need some things to want to get done, and the only means you have is to pull out of the space, then I really do not get to see any other choice if the stuff cannot wait.

Apparently, for what it is worth, there is still always a chance to buy back in the long run, if you are able to know how to monitor the market. Comparing May to now, there have been some fluctuations and the market has gone lower, but in most cases, the choice is always in the hands of the individual and in that kind of scenario, I do not even think it should be asked in the first place.
legendary
Activity: 3276
Merit: 1128
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.
Whether it is free money or not, I believe the best thing for anyone to do most of the time is to gain knowledge first as that is what would determine how you are able to maximize even the little you have into something more in the long run. As long as you have great deal of knowledge when it comes to trading and risk management as well as money management, you will always be able to make great decisions without having to panic in the market at any point in time. It is only when you do not, that makes it a whole lot hard to not get burned eventually.

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?
I do see the problem of OP is just due to lack of proper planning. Yes, he might have planned for some other income streams for his liquidity. He should not have expected quicker returns out of cryptos. A crypto investor must be able to wait infinitely, yes, if he is unable to do so then it would be much better to skip cryptos for considering investments.
sr. member
Activity: 784
Merit: 250
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?
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
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
legendary
Activity: 1176
Merit: 1016
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.
Sure, there is that risk that will always be there, but the thing is that despite the risk, what you do about it is what matters the most. Trading, investing and making good decisions when it comes to any of them only has to do with how knowledgeable you are in most cases.

As long as you are able to learn, you will always be able to identify those opportunities that abound in the market and take it, and even be able to as well manage any risk that you get to see as well. It is the lack of this knowledge that has made a whole lot of people to end up screwing up badly either in their venture in trading or investment.
sr. member
Activity: 602
Merit: 250
I invest in electronic money to make money. Even though I know that keeping them in the future will probably double your profits. But if I pay high price, I will sell the bitcoin I am holding. I keep them for a long time but no words because bitcoin prices are falling.
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
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.
sr. member
Activity: 924
Merit: 260
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.
member
Activity: 476
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
Crypto market still have potential for bullish, so its better keep hold your coin and dont sell it in loss.  Because all crypto already going down between 70% -90% , so when the price going up to the peak price we will make alot money. If you need money,  better sell others asset but not crypto.
full member
Activity: 644
Merit: 101
For better dont sell crypto in loss because we have still have times to recover it and bull run will be coming and if you need money right now you can looking for others way to get it, or just sell about 10% of crypto that you have and others you can borrow in the bank. Sell crypto in this situation will be make loss much money and we will miss other opportunity to make big profit in next bull run.
full member
Activity: 308
Merit: 101
That happened to me, but luckily I had enough money for emergency, you should never play with all of your money always consider such emergencies.
sr. member
Activity: 994
Merit: 256
If the lam player who traded in Crypotocurrency since 2015 to the back, maybe they kept the Bitcoin.
Because for them Bitcoin is not a matter of money but a matter of trust in a digital wallet.
If you have lots of invested money here in the Bitcoin then you are a very precious person of high value because it is hard to achieve it on such price. However Bitcoin gives us the opportunity to invest in its low market so best decision is to choose low market for investment. If you want to sell for liquidity then go ahead but the market should be of high value and not low market.
newbie
Activity: 23
Merit: 0
This is a difficult choice. If something is urgent, then I will withdraw my money even in a loss. But if there are real assets that I can sell, then I will choose to sell assets rather than exchange crypto with money.
jr. member
Activity: 294
Merit: 1
This is why that, its not good to invest all your money on cryptocurrency. You need to save for the rainy day as emergency can crop up at anytime. You need to plan your investments wisely so that it does not affect you
full member
Activity: 265
Merit: 102
This is base in real experience OP i need to pay some things in life like i buy house so i lend money and sell all my btc and alts then after that i back to invest here in crypto like i start again in a little by little btc here because for me risky things here is not sure so treat this as a extra way to earn only then do investment in real life business like apartment for rent and more different business for security of our future
jr. member
Activity: 224
Merit: 1
You can sell some of it for liquidity, you can also used it for reinvesting other coins. But for now it is good to hodl your coin/token cause the price in the market for now is too low but when the market pumps then you can sell it immediately. You can use some for trading to earn a big profit.
sr. member
Activity: 588
Merit: 257
I believe it has become very much common these days to HOLD whatever you have when you are on the verge of loosing money. However let me add up a point here, HOLDING also works best when you work on proper sell orders. Meaning, if you think that you have already gotten 2-5% of profits but in the next step or timeline that particular coin is going to dump itself badly then its the right time to sell the coins immediately after that. Better to take those small profits and prepare oneself to invest again when that coin drops below its max price. Thats called as compounding of the crypto currency where you re-inevst your profits and make more money.
full member
Activity: 952
Merit: 166
Are you asking an opinion or doing a case study?

Cause this is a classic dilemma and has specific answers for specific individuals.

Not good to quantify all as one.
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