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Topic: Mistakes hodlers make - page 9. (Read 1545 times)

member
Activity: 742
Merit: 21
Be the reason someone smiles today
May 07, 2019, 11:58:36 PM
#71
After what happened to Binance with the loss of 40 m$ during the recent hack, I would add another mistake holders do often: they keep important amounts of crypto in Exchanges.

This is so wrong. Exchanges are just for trading.  No matter how secure an exchange might look. Being 24x7 online it makes it a target for hackers.
jr. member
Activity: 322
Merit: 2
May 07, 2019, 11:42:10 PM
#70
btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,

the time they suppose make small profit from the greens; they are busy forecasting

Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low

Very cool man.  Cool Get some few bucks out of the short bull run. Then we all can chill a little till the market gets bigger. Even if it falls again, you have some few profits to smile with.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
May 07, 2019, 10:49:03 PM
#69
btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,

the time they suppose make small profit from the greens; they are busy forecasting

Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low


This is one of the reasons why you should buy a huge amount of coin that has great potential, so you can make a profit, whenever there is a big pump coming, it's always been buying low and selling high, low means is not really the floor price but low for investors are when they can make a profit when they sell it above the time they purchased it.
jr. member
Activity: 224
Merit: 1
May 07, 2019, 10:42:48 PM
#68
It is not necessarily true. I will keep the tokens that I earn. Because I know that crypto is growing and it has time to improve.
sr. member
Activity: 1176
Merit: 301
May 07, 2019, 10:38:19 PM
#67
Buying low selling high is a very very nice wise move that I advice all crypto holders to engage in,don't just hold your coins when you can actually double or even triple them up in quantity ,its always wise to take profit while you can because no one knows tomorrow, the buy back trick won't hurt just give it a try
Of course it is the number one rule in trading .
You should buy low and sell high in order to gain profit,
But not everyone could do it not every could gain from it because they couldn't predict it right.
jr. member
Activity: 309
Merit: 1
May 07, 2019, 10:16:49 PM
#66
What investors and hoders want to buy low and sell high. but the path of the school is unpredictable. Please try to analyze to make reasonable orders
legendary
Activity: 1372
Merit: 1008
May 07, 2019, 10:13:35 PM
#65
even though in a day the price can change so significantly but I am not sure that Bitcoin will really get that high price this month
there is absolutely no sign even one trigger does not exist, then where is the price as expensive as that can be obtained? I think that prediction is just to make people more excited or rather to entertain themselves and others
do you think its bulltrap? I dont think so. market conditions have improved, and I think indeed it's time for an uptrend to occur thats why prices continue to rise, and benefit to many people.

yeah holding back is not always using all your assets to be hold, you can sell a few percent of your assets, when the opportunity comes and buy it again when the price falls. its included of strategy
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
May 07, 2019, 09:50:32 PM
#64
You just can't tell what's on the mind of the holders. They can predict, speculate and have their very own forecasts, nothing will change since it wouldn't really affect the market base on their opinions unless someone influential would release his/her words of what he thinks about it, at least a bit of movement will be seen.

Decision of being a holder and aiming for a certain price wouldn't really matter. We've hit $20000 and that's already on our minds that we can go as high as that but taking the step closer, it's okay to think that it will hit $10000 by this month.
member
Activity: 784
Merit: 10
May 07, 2019, 09:10:21 PM
#63
Because we dont know what might come in the future, holding is a risk decision that investors makes. We might know that what we hold might pump up its price, or in a worst case is to continue to decrease its price, like now bear market is the current market's situation, it is contuning to decrease some of altcoins, so if we hold we should be knowing the consequences.
member
Activity: 504
Merit: 10
May 07, 2019, 09:08:04 PM
#62
OP is right. Instead of taking advantage of the greens, making even small profit, people are busy making forecast, anticipating the great bullrun. This only goes to show how greedy people are. Well, we can't blame them. The awkward circumstance most of the time just when you thought that it's the ATH and you've sold your asset, that's when the time the price will climb even higher. Well, that's crypto life--highly volatile and unpredictable. So to be safe, we can sell half and hold the other half. No matter what happens, always be on the gaining side, no matter how small the profit is.
member
Activity: 579
Merit: 13
Are you kind to your neighbor? Think it through
May 07, 2019, 08:44:49 PM
#61
btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,

the time they suppose make small profit from the greens; they are busy forecasting

Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low


Just as mentioned above, less then 24 hours the bear is setting in and with binance announced hack
It could go a long way, bnb holder are now in the middle trying to imagine whether to dump or keep hodling
sr. member
Activity: 1330
Merit: 326
May 07, 2019, 08:01:27 PM
#60
I think you have to move this thread to the bitcoin or speculation section.
Anyhow, taking the profit is the smart thing to do as a trader and/or buy another btc or any other coin from your profits. What I usually do is to buy another coin out of my profits or transfer my profits to my gambling website and serves it as my fund or add that profit from my capital in margin trading.
hero member
Activity: 1400
Merit: 674
May 07, 2019, 06:32:58 PM
#59
even though in a day the price can change so significantly but I am not sure that Bitcoin will really get that high price this month
there is absolutely no sign even one trigger does not exist, then where is the price as expensive as that can be obtained? I think that prediction is just to make people more excited or rather to entertain themselves and others
member
Activity: 854
Merit: 21
May 07, 2019, 06:28:58 PM
#58
Instead of holding your coins aimlessly and simply trusting they get higher incentive later on, why not take part in staking which will acquire returns.

In the crypto market we should be reasonable and we needn't bother with satisfaction. We need have an incredible procedures. We don't have to hold an excessive amount to hold up a lot of high value esteem on the grounds that BTC isn't consistend. Envision while you are holding up to that digit you may misfortune your capital in view of an excessive amount of covetousness.
sr. member
Activity: 1680
Merit: 263
May 07, 2019, 06:02:43 PM
#57
btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,

the time they suppose make small profit from the greens; they are busy forecasting

Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low

When you see a portfolio that has almost no price if indeed the price of Bitcoin can explode that high then why don't we take off all our portfolios for a moment so we can replace it with a new portfolio and at the same time. the new price might be what we have to do because if we only sell a small portion it is very detrimental because the coin will definitely fall back so why should we hold the falling coin? doesn't it still buy when the coin falls?
member
Activity: 560
Merit: 10
May 07, 2019, 05:20:16 PM
#56
It took bitcoin just one day to rise from 3500$ to 4000$. At a point when nobody expected. With the trend BTC is rising, it is very possible that it won't turn back.
member
Activity: 406
Merit: 10
May 07, 2019, 04:44:52 PM
#55
I believe this also a right time to buy Bitcoin and also other good project with a promise coin or token, definitely the market is becoming so pretty good for investors.
sr. member
Activity: 952
Merit: 267
Vave.com - Crypto Casino
May 07, 2019, 04:40:51 PM
#54
btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,

the time they suppose make small profit from the greens; they are busy forecasting

Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low


The problem has always been  knowing the right time to sell. This is usually very difficult to determine and may often make newbies sell to low soon or hold till token turns shit. Either way, it is to the discretion of the person
full member
Activity: 686
Merit: 131
May 07, 2019, 04:38:21 PM
#53
Yeah, its both crazy and upsetting.
Even after going through the market crashing, hitting bottom and being bearish, it seems people don't learn.
The slightest sign of profit and they go all unreasonable and greedy again.

2017 was a great year.
But you need to realize that it had its ups and downs throughout the entire year.
It wasn't until the end of 2017 that it shot up like crazy.

To think that it will shoot up like that in may, I just don't see any basis for that.
It is much better to trade based off of knowledge and data then pure speculation.
(which is basically just wild dreaming).
copper member
Activity: 518
Merit: 2
May 07, 2019, 04:36:45 PM
#52
I will say I am 100% guilty of this and it has affected me greatly. I find it difficult taking profits or selling my coin even if its pumping really hard. My worst mistake was with HYDRO and I have lived with it ever since. The most recent was AERGO and Atomic Wallet Coin. I had the opportunity of selling at the top but I didn't and now both have dumped massively. I will have to learn how to overcome this flaw pretty soon.
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