Selling isn't the end it's just the beginning to have more coins - page 2.

tvplus006

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Quote from: CryptoATM on January 08, 2022, 04:08:19 AM

What will happen if the dip goes dipper? I think it's smarter to buy bit by bit because it's reasonable that bear market is coming this year, don't go all in on a project by dips and wait for more dips this is the way.

If you decide to buy coins at the moment, it is better to do it in parts so that you always have stablecoins in your wallet, which can be spent on buying coins at a low price if the price continues to decline. In general, it is always good to have stablecoins in your wallet, even if the market is bullish, they give confidence in trading.

nurilham

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The crypto market is always up and down and with this, we can determine when to buy or sell. Buy coins that do have good prospects and sell them later when it feels profitable. Yes, it is true that selling assets that are owned does not mean it ends, because all the assets that we have always revolve here to be able to get more profits. So we just are smart in managing the assets that are owned. There are coins that are good for the short term or long term and all of that can be profitable as long as it is managed and stored properly.

barbara44

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I understand that some people may not be in favor of holding for long term and feeling like they are missing out on a chance.

If you buy at 20, sell at 15 and rebuy at 7 then you are making a profit basically, so you are right that if you "can" do that, you should do that. However, the long term holders like me do not care about it, I just don't really think that I could make that kind of trading and I may mess that up, buy at 20, sell at 15 to buy lower, then it goes up and I have to reenter at 20 again losing a lot of money.

This is totally possible and I believe that we should not be really focusing on who should do what. Sure if you are 100% certain that you can do it then you should do it but if you are not certain that you could do it then you should stay away from these things. I like long term holding because I do not have trust in myself to be able to trade that way.

glendall

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it is true that selling assets to increase assets, because if people know how to make money in crypto, buy when the market is low and sell when the market is high, that's the cycle.
but sometimes a person's greed can cause destruction in determining sales targets

Refrumatrix

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I said this a month ago that it's a time to start holding USDT or other stable coins instead because huge correction is coming, crypto thing is just time base if you can use the timing right you will keep growing higher, know when to sell and know when to buy back, dollar average cost is very very useful

ajanwalker

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Quote from: Daodex on January 07, 2022, 05:17:06 PM

Volatility is something that can never be erased in crypto world and stock market so why are people sleeping on a present market condition? When bull starts around it starts feeling like it's never going away and when bears comes around it looks like good times aren't ever coming again, all this crypto vibes are based on time this is why crypto adopters must be smart enough to always know when to buy and when to let go, selling isn't the end it's just the beginning of having more assets in your portfolio

As you said, the market is not good at the moment and I am busy diversifying the coins or coins I have. It is not clear whether it is a bear or a bull. Wherever Bitcoin goes, the market will either be bearish or bullish. The leading engine is bitcoin unfortunately.

CryptoATM

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Quote from: Zotak337 on January 07, 2022, 05:32:10 PM

This is for those who knows about buying low and selling high, repeating this process will increase the numbers of coins you own, a sell isn't always a final sell so is buying too, always sell when price of the coins is higher and wait for some corrections to buy back, repeat and repeat you will end up with more coins and tokens

This kind of thing is only suitable to be done when the market chart becomes a zigzag, and if you look at it for now I think it is only suitable for buying and not very suitable for selling because the market is still not growing well.

What will happen if the dip goes dipper? I think it's smarter to buy bit by bit because it's reasonable that bear market is coming this year, don't go all in on a project by dips and wait for more dips this is the way.

danherbias07

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That's correct. But now is not the selling part of that cycle. That is why I look up to people who could muster their courage to sell during the bull run. It's not an easy task especially when you see how the market keeps on going upward. Now, all they have to do is look for the right moment to buy back but even at this price, they will gain enough cryptocurrencies to tell themselves they are in a winning situation already.
It will only differ on how investors look at profits. Is it by the amount in cryptocurrencies or in USD? I prefer the former.

dansus021

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Quote from: Daodex on January 07, 2022, 05:17:06 PM

Volatility is something that can never be erased in crypto world and stock market so why are people sleeping on a present market condition? When bull starts around it starts feeling like it's never going away and when bears comes around it looks like good times aren't ever coming again, all this crypto vibes are based on time this is why crypto adopters must be smart enough to always know when to buy and when to let go, selling isn't the end it's just the beginning of having more assets in your portfolio

dude what u saying its true its like poetry Cheesy

in fact Volatility become chalenge in this industry fear and greed become everyday life right

the negative side u can always lose money in matter of minute but the positive side there is no bank in the world that flip your portofolio hundred of percent %%%

Keep HODL guys and stay safe Grin

cryptoaddictchie

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Quote from: Daodex on January 07, 2022, 05:17:06 PM

Volatility is something that can never be erased in crypto world and stock market so why are people sleeping on a present market condition? When bull starts around it starts feeling like it's never going away and when bears comes around it looks like good times aren't ever coming again, all this crypto vibes are based on time this is why crypto adopters must be smart enough to always know when to buy and when to let go, selling isn't the end it's just the beginning of having more assets in your portfolio

Yes but there is such factor called time. If you missed to sell during that time then you are definitely gonna wait for another cycle again or another time to sell those high price and when bear arrives that you don't sold your tokens then your gonna be like an investors who locked their tokens who already finish their goal and will start a new one.

poodle63

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What you're saying was true but can you sure if new joiners will be following this and they will do to hodl their assets? So many fear in the market. When you're selling at the price and this can be matched with the title of your thread but when someone was selling his coin at the deep price and they may get less coin once the price of coin to go up again as he was loosing some value. He must pay more to get into the coin again.
Volatility was just a common thing but have you ever tried to say this to the newbies? They may deny what you're saying above. Their money was so important even some invested in crypto use their life savings.
This is the main problem why there are people that can't be patience to see the chart is always red

checkmatesir

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Cryptocurrency market is highly volatile this fact is known by every individual so it is clear that if a person has some kind of gain then it is wise to sell that coin. If the price rises then there are now two options with each user whether he should sell and and but somewhat new coin which he desire and may be he hold it to gain more profit. Selling with low price is not a good plan as it is full of loss. Users can buy even lots of other coins if he sell one with profit.

passwordnow

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Quote from: Daodex on January 07, 2022, 05:17:06 PM

Volatility is something that can never be erased in crypto world and stock market so why are people sleeping on a present market condition? When bull starts around it starts feeling like it's never going away and when bears comes around it looks like good times aren't ever coming again, all this crypto vibes are based on time this is why crypto adopters must be smart enough to always know when to buy and when to let go, selling isn't the end it's just the beginning of having more assets in your portfolio

People aren't sleeping on this dip, it is that many are still assessing if it's a good time to buy for them. They can't decide if they are going to buy because they're thinking if the market will possibly go down for some more. It's true that selling isn't the end, we buy, we sell and we hold and that's the process that's never going to end unless you want to have a full exit in this market. But if you're staying, you have to be used to it because that's how the life in cryptocurrencies as an investor and trader.

CryptoYar

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To be honest, those who have been in the market for a long time, they know this thing... I mean they know when the market is down we have to buy and when the market goes up ( in bull market) we have to sell.

also I believe that from the 19 may dip, many people have learned lesson that whenever bitcoin goes down, then it starts a good rally to the upwards... So yeah it's good time to fill our bags so that we can sell when FOMO starts.

Yesterday I bought some and waiting for further drop if it's not bottom...

OrangeII

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well, because of this a lot of people are talking about this. what I mean is, the technique is simple, and looks easy. buy at the right time, and sell at the right time. even when I started my journey in crypto, I immediately understood that trading has such a pattern, and I thought it was easy.
however, it is very difficult to determine the correct time. even when you have a lot of information, crypto movements are not easy to predict. Well, a lot of people can't stand that and leave the crypto world. In addition, when the price drops, many weak hands sell, and also many people who used to think they would buy when the price fell became hesitant. Well, that's a common thing in the crypto world.

bittick

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Everyday there will always be new users come to the crypto and they are not familiar with this kind of situation. FUD was making the market even worst and those newbies are cutloss their investment. Those newbies will not easily be educated caused by they didn't have good metal when it comes to the bearish trend like this. I have seen there are bunch new people come to the crypto a few weeks ago and they didn't know what happened with the crypto market. They're always calling crypto as scam when it got dumped to the bottom.
They lack of education but at the same time the crypto market is on the bearish trend. These days are so hard for all of them.

makishart

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Quote from: Daodex on January 07, 2022, 05:17:06 PM

Volatility is something that can never be erased in crypto world and stock market so why are people sleeping on a present market condition?

It's not something wrong. People are feeling panic to see their portfolios get drained slowly and they are feeling panic after see that happens. that's something that people can't be argued. I thought that this is why they are always making noise anything was a scam once the market turns to be bearish market. They lose their unrealized profit and that's it.

Quote from: Daodex on January 07, 2022, 05:17:06 PM

When bull starts around it starts feeling like it's never going away and when bears comes around it looks like good times aren't ever coming again, all this crypto vibes are based on time this is why crypto adopters must be smart enough to always know when to buy and when to let go, selling isn't the end it's just the beginning of having more assets in your portfolio

People always wanna see their portfolios to grow. that's not a problem. People just wanna their money become even bigger forever and that's why they can't accept to see once their portfolios are going down with the bearish trend that happened with bitcoin and market. Crypto is only pump and dump. The dump will not be last forever. So many panic sellers now losing their money.

jrrsparkles

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Quote from: cafucafucafu on January 07, 2022, 05:47:34 PM

I do think that it's a good idea to accumulate during the bear market phase.

The only way that you lock in your losses is if you realize them by selling at a lower price. If you keep your position open through the thick and thin then you are much more likely to come out on top at the end.

There are a lot of new money that flooded into the crypto ecosystem during this bull market, which really shows as people are panicking over this 20% drop over the past week. Nothing to be concerned about.

Bear market means the prices are low so you can make profits by buying assets at low price and sell them at high prices the. How can you claim that its not a good idea?

Its risky though but will have the rewards for doing it but never forget that it will not apply for the shitcoins which once falls then it may never recover from it in the next bull market.

cafucafucafu

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I do think that it's a good idea to accumulate during the bear market phase.

The only way that you lock in your losses is if you realize them by selling at a lower price. If you keep your position open through the thick and thin then you are much more likely to come out on top at the end.

There are a lot of new money that flooded into the crypto ecosystem during this bull market, which really shows as people are panicking over this 20% drop over the past week. Nothing to be concerned about.

laredo7mm

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Quote from: Daodex on January 07, 2022, 05:17:06 PM

Volatility is something that can never be erased in crypto world and stock market so why are people sleeping on a present market condition? When bull starts around it starts feeling like it's never going away and when bears comes around it looks like good times aren't ever coming again, all this crypto vibes are based on time this is why crypto adopters must be smart enough to always know when to buy and when to let go, selling isn't the end it's just the beginning of having more assets in your portfolio

Actually it most of us can not sell on perfect top. But selling on time can change our portfolio dramatically. For example, just think you sell off your BTC at 69k so now you can buy BTC with a lower price and have 1.5X amount of BTC with that same money. That makes the difference between a smart investor and a panic seller.

Whales can drive the market to their favor and they make money by doing the opposite of market sentiments. When BTC cross 60k many said now 100k is inevitable for BTC but the market didn't follow people's sentiments. Now people are saying BTC will touch 30k level but I think this time also they will be heartbroken.

Topic: Selling isn't the end it's just the beginning to have more coins - page 2. (Read 278 times)