Author

Topic: Sell if you have needs for funds, but BUY BACK. (Read 280 times)

legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
survival should be the first which is why this is correct. i think people find it difficult to keep track of their token and when they sell they dont usually buy back, thats why they usually settle for long term. trading is like a business which should be documented, no matter the amount of tokens you are holding, documenting will help to track and buy or sell when its needed.

This is indeed right. Survival must serve as one of our priorities to be able to last longer in this industry. Do not push yourself too hard into the extent that you are already neglecting your limitations. If you are badly in need of funds, better not to make it too hard for yourself. Be wise on doing necessary things that will make you be able to have some sort of resources. You still have lots of time to regain possession and your position.
full member
Activity: 1638
Merit: 122
long term is imaginary and we are not tied to that expectation but we can do what we want because we are the one that control the coin and its not the coin that control us .
 sell if the token has a good value before it will loose it and if you loose the oopurtunity your regrets are doubled up  .
save it in the front or side of your mind and not in the back because back is farther and you can forget your mission of buying the coin back once your life is back   at normal .
full member
Activity: 1708
Merit: 126
There are really unexpected situations where we have to sacrifice our holdings and sell them because of our personal needs but based on my experienced, I realized that buying back and reinvesting is important to gain a good profit in the future. As long as our chosen coin has a good potential and we know how to buy it at the right time, then we should never be afraid to take the risk.
member
Activity: 518
Merit: 30
$CYBERCASH METAVERSE
The fact is always look out for the dips, we are still in bull market but whales are shaking off the weak hands, making them think that the bull is done for, it's all a nice trick, I make good money day ago when ETH dump to 2020$ and today it's 2247$, I will keep waiting for more dips
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Of course, we do not deal with cryptocurrency in order to collect it. We look forward to selling it over time at the maximum possible price.
Moreover, each cryptocurrency has its own maximum differs from others.
Each crypto have it's own individual pricing, the hypes that it can potentially driven is unpredictable, traders and investors are all speculating and they

have their respective targets from each available assets that they are holding.

Quote
Therefore, it will be quite normal if, based on our own assessment of the capabilities of a certain type of cryptocurrency, we periodically sell it - in whole or in part, fixing our profits, and then re-buy at a low price.
Investors are relying with how good they've assess the project, most of the time the set targets are decent to collect the profits then try to buy back to hold for another pump.

Quote
The whole problem is to find the right time for buying and selling. Moreover, it is impossible to calculate everything in advance. Here, to a certain extent, it will depend on our intuition and just luck.
Depends from how deep you understand the flow. Your knowledge will lead you maximize your benefits, your luck will bring more for sure!
hero member
Activity: 1498
Merit: 537
Alot of traders who hold valuable tokens with good value are hesitant to sell when in need because of the longer term, but it is wrong. Sell a token if you are in need or have needs for funds and have it at the back of your mind that once you are back in shape, you are buying the tokens back to keep your long term vision alive.


I always have this type of thinking in my mind but the problem is when I try to rebuy most of the time that coin price goes higher than where I sell them. This happens often that when I sell my holding for some time price of that coin goes up after I sell them. Also doing small trade than holding is a good option I think. Hold part of it and trade with some part. The market won't go straight up it will flow like a wave.

sr. member
Activity: 1479
Merit: 273
Seabet.io | Crypto-Casino
Alot of traders who hold valuable tokens with good value are hesitant to sell when in need because of the longer term, but it is wrong. Sell a token if you are in need or have needs for funds and have it at the back of your mind that once you are back in shape, you are buying the tokens back to keep your long term vision alive.

What you should not do, is sell a coin because you are expecting a dump (unless you are quick enough to buy back before a bull rally). Always dyor. Have you been in such tight spots as this before ? Can you share how you escaped it ?
I did that a lot  Sad especially if just wake up and see late for the moment that just come like pump and then back to it's price again which is my other mistake to not put sell order. And then usually i panic and afraid price will down because just pumped and then sell all of mycoins whatever it give me profit although a little. Still really learn how to avoid it but it is hard.
hero member
Activity: 1610
Merit: 507
Alot of traders who hold valuable tokens with good value are hesitant to sell when in need because of the longer term, but it is wrong. Sell a token if you are in need or have needs for funds and have it at the back of your mind that once you are back in shape, you are buying the tokens back to keep your long term vision alive.

What you should not do, is sell a coin because you are expecting a dump (unless you are quick enough to buy back before a bull rally). Always dyor. Have you been in such tight spots as this before ? Can you share how you escaped it ?
I agree with the @OP because if we are in urgent needs and we really need money, we should sell the tokens that have a good value to fill the needs as soon as we can. We can buy back the token in the future, especially when the price is down, because usually after the token price reaches the highest price, the price will go down a lot, so that will be your time to buy back with the money you have. I often have on that situation, and I realize that I can not do anything except selling some amount of the coins, but I will buy back the coin if the coin has a good potential to increase in the future.
full member
Activity: 756
Merit: 231


What you should not do, is sell a coin because you are expecting a dump (unless you are quick enough to buy back before a bull rally). Always dyor. Have you been in such tight spots as this before ? Can you share how you escaped it ?
Good advise, becasue we can't hold till infinity then there must be a point that we sell some of these coins, mostly when there are needs for such sell to be made. Those who hear fake news on social medias or news outlets without confirmation before they act aren't doing their self some good favor because they will sell blindly. If that's the case you can quickly buy back your sold coins after realize such actions of yours and when the back bounce back there won't be any regret of any form IMO. Recently something happened to me and i sold my TWT, after some period of time i decided to buyback these coins and am hold for long-term now.
full member
Activity: 1176
Merit: 100
Vave.com
yes that investors to work according to plan as they might wants to put of decision with the buying on holding and more as releasing possession of token on request with equity funds to work along with the terms as following strategics with the trading plan on projection.
sr. member
Activity: 2352
Merit: 245
Of course, we do not deal with cryptocurrency in order to collect it. We look forward to selling it over time at the maximum possible price. Moreover, each cryptocurrency has its own maximum differs from others. Therefore, it will be quite normal if, based on our own assessment of the capabilities of a certain type of cryptocurrency, we periodically sell it - in whole or in part, fixing our profits, and then re-buy at a low price. The whole problem is to find the right time for buying and selling. Moreover, it is impossible to calculate everything in advance. Here, to a certain extent, it will depend on our intuition and just luck.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
On last Sunday, when I saw news about turkey (banned crypto).

I immediately set a stop loss at $ 58k as quickly as possible.

I was very lucky because not long after I placed my stop loss the market actually correction and right now i already buyback BTC in $54k.

Your're lucky to buy back as you exited at right time and got back in right time. There are people who sold in panic in 54K thinking they will buy back at 48-50K. If this was the case, then those people would not be able to buy back cheap.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
I feel sometimes it proves a bad choice to hold for the Long-term if you are in need of funds. Yes, one should sell when need funds do not become greedy for more profit because you never know the market can drop too. We should think both ways. Being optimistic is a good thing but one should always consider the worst as well. Its not easy to buy back because we can not predict the market whether the market will drop further or reverse. 2-3 years back I sold Pundi when I need funds and sometime later when the price drops hard I bought it back. We should try to adapt ourselves according to the circumstances and manage things accordingly. Its not necessary market will give you a chance always to buyback. Sometimes you have to repent also that you sell early and can make more profit by holding sometimes more   
full member
Activity: 1274
Merit: 115
★Bitvest.io★ Play Plinko or Invest!
I don't have to think about it when I need money I would sell my crypto no matter how strong I believe in it.
I need money to survive and I could earn those money again as long as I live.
SoI don't hesitate on selling my crypto when I needed to.
full member
Activity: 1190
Merit: 117
Why force holding coins, if it turns out that we really need money to buy something we really need. I will sell my coins if there is an urgent need,
because sometimes we have to think logically. Later, if we want to buy again, we can do it at any time, because crypto prices are volatile, there
must be an opportunity to buy coins at low prices.
legendary
Activity: 1862
Merit: 1015
Buying and selling coins is actually not difficult, if you already have a plan from the start,
the most important thing is to take the capital when the coin has increased 2 to 3 times the purchase price,
This will help you to avoid hesitation when selling coins you own,
and buy when the price correction is not easy, better to hold for the long term, this is a safe strategy and gives maximum profit.
full member
Activity: 924
Merit: 100
On last Sunday, when I saw news about turkey (banned crypto).

I immediately set a stop loss at $ 58k as quickly as possible.

I was very lucky because not long after I placed my stop loss the market actually correction and right now i already buyback BTC in $54k.
member
Activity: 845
Merit: 52
I held JulD from $0.0025 to $0.7, too some profit along the line, left bigger bag with the hope of greater gain, well it dumped badly on me to about $0.13. I am going to watch the end of the game not selling for less. I sold my cake because it dumped badly. had to buy back at a higher price but with less quantity. I hope time proves me right otherwise, I move on. My portfolio is diversified. Always taking profit along the road and having a clear cut portfolio management plan would be helpful, otherwise one will just be lost with moon songs.
full member
Activity: 1036
Merit: 100
maybe that way in your opinion is wrong, but if someone who already understands and knows about the token he is holding, he will hold back until he finds the price he expected. For example, the person who detains the BNB, of course he knows how the BNB will develop in the future. My advice. It is better to use funds to invest are funds that are not used for daily use. if so, investing in digital currencies will be very safe with the methods we choose.
full member
Activity: 1470
Merit: 148
That is best and simple. The sell should be for something very pressing which without the sell might be dangerous, this will be okay than those who will sell without buying back their sold coin even in some small quality. We  have seen when the whales dump their coins in the market and those panic sellers will sell alongside with these whales and within sometimes the market will gather momentum again and they will start regretting. their actions. Also, whenever these panic sellers sell along with these whales the market sometimes find it difficult to recover.  
sr. member
Activity: 1610
Merit: 264
~
Depends.
Sometimes you just got really sell especially on newer tokens these days, like I never heard anything new here in Altcoin Discussion of possibly the next coin that could be great for hodling aside from all those in the toppers.
If you know your coin would be dumped by investors when it was still on sale and by some bounty hunters, you got no choice but to take while it is still in its profitable price.
full member
Activity: 422
Merit: 103
Futurov
I remember when I started doing crypto and I don't have much resources, I started with scalp trading wherein I make some profit in small price changes and saving it to buy another potential coin that will make some good profit. I did it for about a year and when I already save enough, I started trading to some of the top 10 coins. Even if I have enough money to buy what I want, still I managed to use that money to buy back other potential coins and sell some of them just to sustain my needs and funds.
legendary
Activity: 2408
Merit: 1442
no matter the amount of tokens you are holding, documenting will help to track and buy or sell when its needed.

I agree, keeping tracks of what you did (buy, sell, prices, dates...) is one basic rule every 'trader' should follow.

Don't hesitate to take profit because you work for it


Right, that's why taking some profits on a regular basis is important too, imo. Another good reason is doing so you'll be able to catch some dips  Wink.


It makes sense to buyback Bitcoin, since it's the most reliable crypto investment, but anything else is not worth the long-term risk.

Even if you're partially right, i think you're a bit too maximalist ( Cheesy) in your thinking. I'm certain link's ogs (for example) would disagree.
hero member
Activity: 2716
Merit: 698
Dimon69
survival should be the first which is why this is correct. i think people find it difficult to keep track of their token and when they sell they dont usually buy back, thats why they usually settle for long term. trading is like a business which should be documented, no matter the amount of tokens you are holding, documenting will help to track and buy or sell when its needed.
Taking profit especially if its not really a potential coin and suddenly reaches some ATH never imagined then sell  and take profit since its not usually that the price of altcoins always moves into pump ,  there are only few altcoins that are adapting with BTC so take all opportunities when there are altcoins that do pump and already in profit just buyback if that altcoin deserves to be in the future.
sr. member
Activity: 1386
Merit: 250
1XBit.com
Everything is timing in crypto space, you can't just buy back because you could, you have to know when to get in and that's bearish moment or dips, also it's better to atleast a little about candle reading, anyways just sell high and buy low is all
In principle, buying when it is cheap and selling when the price is high is the basis for trading, but even so, not a few of us do experience losses when we are unable to predict the right time to enter, in the world of cryptocurrency everything can happen if we are unable to predict where the price will move, that's why it is important for us to study market analysis and also to gather information related to the altcoins that we will trade, because often occur any altcoins that we think are quite cheap but suddenly the price is getting cheaper when we enter.
member
Activity: 369
Merit: 16
$CYBERCASH METAVERSE
Everything is timing in crypto space, you can't just buy back because you could, you have to know when to get in and that's bearish moment or dips, also it's better to atleast a little about candle reading, anyways just sell high and buy low is all
legendary
Activity: 2394
Merit: 2223
Signature space for rent
Selling when you need and buyback is a kind of trading. I am doing this thing. I am selling my earnings and holding as well when I need money. Doesn't matter what is the price during selling. But I struggle to buy back once I have enough funds. I do not regret even I can't buy back due to no dip, because I sold coins for real-life need. I am in cryptocurrency for getting profits, doesn't matter if it's from treading or from some other sources. I made mistakes in back 2017 by not selling my Bitcoin even I needed to sell it. But later regret once invest in shitcoin and dumped it for a lifetime. So, now I decide I will be sold the coin for my needs, doesn't matter the price and I will try to regain on dip what I sold.
legendary
Activity: 3024
Merit: 2148
If you're in a situation when you need to sell some altcoin or token to meet ends, then you shouldn't have bought that coin in the first place, alts can lose their value in a instant when the team pulls an exit scam or it becomes clear they won't be working on the project seriously.

It makes sense to buyback Bitcoin, since it's the most reliable crypto investment, but anything else is not worth the long-term risk.
hero member
Activity: 2660
Merit: 630
Vave.com - Crypto Casino
Alot of traders who hold valuable tokens with good value are hesitant to sell when in need because of the longer term, but it is wrong. Sell a token if you are in need or have needs for funds and have it at the back of your mind that once you are back in shape, you are buying the tokens back to keep your long term vision alive.

What you should not do, is sell a coin because you are expecting a dump (unless you are quick enough to buy back before a bull rally). Always dyor. Have you been in such tight spots as this before ? Can you share how you escaped it ?

You know some coins don't get back to their earlier kick off time, they don't go back to beginning, like saying "they don't remember the little beginning", they despise it slot. Of course who wants to stay down there lol. So they fly and look bigger and if I seller has the intention of buying back, they may not get it as same sold price. My suggestion there is not to have the hope to rebut a particular coin so not to be heart broken if you don't get that price or to avoid buying in high price and price crashes. I advise that after sell of coins, focus on buying another quality coin and if lucky that the sold coin dropped at the time you are ready to buy, you can still get it.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
Alot of traders who hold valuable tokens with good value are hesitant to sell when in need because of the longer term, but it is wrong. Sell a token if you are in need or have needs for funds and have it at the back of your mind that once you are back in shape, you are buying the tokens back to keep your long term vision alive.

What you should not do, is sell a coin because you are expecting a dump (unless you are quick enough to buy back before a bull rally). Always dyor. Have you been in such tight spots as this before ? Can you share how you escaped it ?

If you need some money then you have no option but to sell your holding and fulfil your needs.
However, some people sell the coin when the price is high with the thinking that they will buy back when the price will dump. This may happen few times until the price will rise too high and they will be left out. Not a good tactic in a bull season.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
Alot of traders who hold valuable tokens with good value are hesitant to sell when in need because of the longer term, but it is wrong. Sell a token if you are in need or have needs for funds and have it at the back of your mind that once you are back in shape, you are buying the tokens back to keep your long term vision alive.

What you should not do, is sell a coin because you are expecting a dump (unless you are quick enough to buy back before a bull rally). Always dyor. Have you been in such tight spots as this before ? Can you share how you escaped it ?
well, that's the right advice. it's just that, sometimes people think that the coins they hold will have a higher price. However, the dump that happened made a lot of people panic and sold it at a cheap price. this is in fact the opposite of what should be done. however, I tried doing this on ethereum once, and the price continued to go up after that. yeah, but I don't give up. this is still good advice.
full member
Activity: 812
Merit: 100
Just sell it if you think the coin is on the bullish state, that is the best option at the moment.
Why ? Because it has a possibility that the coin will getting some correction after bull run, and that is the right time to buy back.
With this way, we can accumulate more coin for our long term holding.
hero member
Activity: 1764
Merit: 505
#SWGT PRE-SALE IS LIVE
Don't hesitate to take profit because you work for it and if you're in need of money better to sell some of your holdings than to borrow a funds to someone else. I do personally sell my holdings even if i wanted to hold it for long term, i have no choice and there should be no regret after all. We can always buy back at a cheaper price, so don't be afraid to sell and don't worry too much about the future prices, it is still unclear.
Definitely right, there's nothing wrong on selling it most especially your in need of money. Everything will get back because you can buy again and earn profit. Selling and buying are both good things to do because both can earn profit again soon.It is up to you what to choose because it's yours not theirs.
hero member
Activity: 2268
Merit: 507
I guess those who have been holding valuable token already sold a small portion of their altcoins.
the long term believers are having very good mental and they will never worry with what they have been holding just caused by the dump that was coming to the market.
they will prefer to pick another potential coin to did the same thing like what they have done before. they are smart enough
full member
Activity: 2128
Merit: 180
Don't hesitate to take profit because you work for it and if you're in need of money better to sell some of your holdings than to borrow a funds to someone else. I do personally sell my holdings even if i wanted to hold it for long term, i have no choice and there should be no regret after all. We can always buy back at a cheaper price, so don't be afraid to sell and don't worry too much about the future prices, it is still unclear.
full member
Activity: 896
Merit: 115
survival should be the first which is why this is correct. i think people find it difficult to keep track of their token and when they sell they dont usually buy back, thats why they usually settle for long term. trading is like a business which should be documented, no matter the amount of tokens you are holding, documenting will help to track and buy or sell when its needed.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
That is correct, you sell if you need money and you have no other option but to let go of your coins on hold. But if you're thinking that you don't want to buy back, just let go of your emotions too whenever you see that coin pumps again and you're going to calculating how much you should have when that time comes.

Have you been in such tight spots as this before ? Can you share how you escaped it ?
Not really escaped but buying back and accumulating it again will make you realize that you're doing the right thing.
member
Activity: 421
Merit: 47
Alot of traders who hold valuable tokens with good value are hesitant to sell when in need because of the longer term, but it is wrong. Sell a token if you are in need or have needs for funds and have it at the back of your mind that once you are back in shape, you are buying the tokens back to keep your long term vision alive.

What you should not do, is sell a coin because you are expecting a dump (unless you are quick enough to buy back before a bull rally). Always dyor. Have you been in such tight spots as this before ? Can you share how you escaped it ?
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