Topic: Should i give up or should i just keep chasing pavements? (Read 282 times)
IMO, the market has been bearish for the past 4 to 5 months, it is about time for market to turn bullish. However, this is my point of view, it is better for you to decide the best way out.
To be honest, I strongly recommend doing own research while taking such decisions because it is the highly subjective term and the response to any specific action will be different from every person in every case. I believe that the crypto market will see a recovery in the second half of this year with a full swing so I am arranging my investments in that way but my expectations might be completely wrong and thus I should not advise others to follow my opinions. Crypto is all about self-responsibility and everyone should undertake his own responsibility.
if you cannot decide on what decision to make. Just take in half. Don't risk for the whole. Take it slow and invest only half of your money. Because in taking a risk make sure you're preparing on both sides like the worst and the best thing.
A skill that a bitcoin user must possess is making wise decision and patience. This is one of the challenges the user faces. If you don't need it instantly, just sell the half of it. Bitcoin price is unstable, it may increase or decrease, but if you think that it is high enough then sell it. Sometimes being hesitant may lose the opportunity. Vice versa.
As we all know that bitcoin has done some increase in the crypto market and i am glad of course that it happen. If i am going to sell my crypto now then probably i will get profit because i bought it when the market price is low. However, seeing the current market price looks like stabilize and i guess ti will turn back down any moment from now. So my speculation will relatively about selling it now or wait for until it will go higher. I have to decide if to continue on holding or should i sell my crypto? What is your idea about the crypto market price movement? What do you think will happen to the current market price now? Should it will be gone higher or will fall down?
On the question of whether you should give up or keep on chasing pavement, I think you very well know the answer to your own query. Especially since you divulged that you had bought in while the market was still relatively low. You could always commit a certain amount to trading BTC and other altcoin to pass you time feeling active in crypto, to do away with this sensation that you may be missing out on something. In the long run you’ll be glad you did. 
Well that depends on you of course. But if you are selling your bitcoin just so you can cash out, then I advise you not to do so (unless you really need the money of course). However, if it is because you are just worried and anxious about the price dropping, then don't. The price of bitcoin will still surge up and will continue to do so.
Hope your father gets well, soon! Anyway, if you like setting target prices when selling, then maybe you can also practice doing trading since you mentioned you like to join social media campaigns. Meaning you already have some tokens. Try trading them, you'll earn more by doing so and it can help you a lot.
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its funny we have the same situation, but me i just did not buy i do campaigns like facebook, twitter, signature etc. i engage on cryptocurrency and do campaigns since october and i did my full time since january 2018, actually right now i don't have enough fiat, almost all of my fiat went to hospital because my father suffered stroke, and all the rest of my money is here on crypto world, what i do is i set a target when will i need my fiat and when the value will hit my target value then that when i will convert.Hope your father gets well, soon! Anyway, if you like setting target prices when selling, then maybe you can also practice doing trading since you mentioned you like to join social media campaigns. Meaning you already have some tokens. Try trading them, you'll earn more by doing so and it can help you a lot.
As we all know that bitcoin has done some increase in the crypto market and i am glad of course that it happen. If i am going to sell my crypto now then probably i will get profit because i bought it when the market price is low. However, seeing the current market price looks like stabilize and i guess ti will turn back down any moment from now. So my speculation will relatively about selling it now or wait for until it will go higher. I have to decide if to continue on holding or should i sell my crypto? What is your idea about the crypto market price movement? What do you think will happen to the current market price now? Should it will be gone higher or will fall down?
its funny we have the same situation, but me i just did not buy i do campaigns like facebook, twitter, signature etc. i engage on cryptocurrency and do campaigns since october and i did my full time since january 2018, actually right now i don't have enough fiat, almost all of my fiat went to hospital because my father suffered stroke, and all the rest of my money is here on crypto world, what i do is i set a target when will i need my fiat and when the value will hit my target value then that when i will convert.
I believe that this bear market in the current scenario is most likely normal where the fluctuation is seemingly low as compared to the previous bear market during quarter 1 of this year. Definitely, I think the best thing to do for now is to hold your cryptos now and wait for the bull market to take effect in the succeeding months. Now is not the right time in selling your coins due to the bear market where price value is on dip.
Do not sell your bitcoin holdings for now because the crypto market is still soaring high though it is just slowly soaring but stilll it is a good time to hold any crypto. Just get more profit in holding and for sure you will not regret it for sure. If you sell it right now then probably you will not getting the more possible profit and you will going to regret is somehow on selling your crypto. So do not hesitate to sell it for now and just get along with the other investors. As of this moment no investors are selling their bitcoin and all probably are holding and patiently waiting for the right time to sell their bitcoin. So hold it for now and get more possible profit.
Price movement crypto no one knows exactly, everyone just speculate and hope it happens. When the price movement of crypto is considered to have a better advantage we sell half of the coins we hold to take some profits and half the more coins you can bear to wait for the next price movement.
As we all know that bitcoin has done some increase in the crypto market and i am glad of course that it happen. If i am going to sell my crypto now then probably i will get profit because i bought it when the market price is low. However, seeing the current market price looks like stabilize and i guess ti will turn back down any moment from now. So my speculation will relatively about selling it now or wait for until it will go higher. I have to decide if to continue on holding or should i sell my crypto? What is your idea about the crypto market price movement? What do you think will happen to the current market price now? Should it will be gone higher or will fall down?
I guess, we have the same scenario here. I'm also hesitant if i'll still continue to hodl or just sell while the market maintain it's stability for the past few days. Though I am still worried everytime my coins are dropping (well, not that too low)and I'm getting paranoid all the time. I guess we'll take the advice of some here.
We'll sell it now while the market is being optimistic. We still gain profits. That's how it plays, we just have to divert in other coins and buy-low again.
As we all know that bitcoin has done some increase in the crypto market and i am glad of course that it happen. If i am going to sell my crypto now then probably i will get profit because i bought it when the market price is low. However, seeing the current market price looks like stabilize and i guess ti will turn back down any moment from now. So my speculation will relatively about selling it now or wait for until it will go higher. I have to decide if to continue on holding or should i sell my crypto? What is your idea about the crypto market price movement? What do you think will happen to the current market price now? Should it will be gone higher or will fall down?
I think not all coins have stable right now, I see some of the coins is increase and some of them it increases higher. and if I have that coins, I will sell some amount right now to get my money back. and if we want to hold, we need to think about how long we need to wait IF the market is down again and can be patient for holding that coin? and IF we still have money then I think we don't have to worry about this because if the market down, we could still buy again to add more coins to our balance.
the market will increase more than now but of course, it will any correction that will happen after this and no one knows when it's over so if we can make a good decision then I am sure that we can prevent from getting losses. and if you see the history from the last year, the price will always up and down in anytime so we need to make a plan or even second plan to prevent the worst thing that might happen.
You should make up this decision on your own because we don't want to be blamed later for your actions. The market seems to be stable, Bitcoin transaction fees became lower due to SegWit and the Lightning Network which is slowly being used by more and more people. I am certain that Bitcoin and other altcoins are going to become more popular which will result in their higher price. Many still people don't know or understand cryptocurrencies so that's why we should focus on helping them to understand Bitcoin and encourage them to use it not only because of profit.
So my speculation will relatively about selling it now or wait for until it will go higher. I have to decide if to continue on holding or should i sell my crypto?
You shouldn't sell all your coins at once even though you're in profit because you don't know the future. Bitcoin still can go even higher so if you decided to sell then sell around 30% to 40% and rest keep it. After you sold if prices go down you can still buy more coins from the money you sold or if prices go high then you can still enjoy the profit. Unless you want to go out from crypto investment then you can sell everything when you're in profit and enjoy your profit.
Here is my analysis, I think it is just what you need: https://bitcointalksearch.org/topic/m.35475097
If you give up now than you are going to end up regretting this decision few months later as the market is on the verge of having another bull run and the recent price surge was just the start. Why not sell half and keep the other half for some time and see where the markets go and then come to a decision.
I personally believe that considering the heights Bitcoin has reached, $9k is nothing. It's also worth noting that Bitcoin has been able to hold around the $11k level in the past (two separate times if I remember correctly), so it should be relatively safe to say that it could easily reach that value again, if not even higher.
That being said, we're all speculating, and if you're happy enough with your gains, go sell. That's the beauty of Bitcoin; you do whatever the hell you want with it. My personal advice would be to sell some just to feel your gains, and keep some so you could keep chasing whatever pavements you have your eyes on lol. Best of both worlds.
That being said, we're all speculating, and if you're happy enough with your gains, go sell. That's the beauty of Bitcoin; you do whatever the hell you want with it. My personal advice would be to sell some just to feel your gains, and keep some so you could keep chasing whatever pavements you have your eyes on lol. Best of both worlds.
As we all know that bitcoin has done some increase in the crypto market and i am glad of course that it happen.
this increase served to calm the hearts of many people
If i am going to sell my crypto now then probably i will get profit because i bought it when the market price is low. However, seeing the current market price looks like stabilize and i guess ti will turn back down any moment from now.
It's important that you know a few things:
What is your objective first?
1 - Increase the amount of bitcoin you have?
in this case you will buy low and sell high and return to buy low. always repeating this process. (this is dangerous and requires a lot of knowledge and a small mistake you get less bitcoins)
2 - Do you want to get X profit every time you buy and sell?
in this case you just want to make profits to do your things in real life or buy other things or have the capital to invest in other projects.
Based on these two options you choose what kind of trade you want to be.
I have to decide if to continue on holding or should i sell my crypto?
When you buy any currency, you must decide on a goal, something like: "I estimate to make a profit of 300 $ with this purchase". If you do not have a goal, then it becomes very difficult for you to know when you will leave ( sell )
Should it will be gone higher or will fall down?
are more likely to fall a little
As we all know that bitcoin has done some increase in the crypto market and i am glad of course that it happen. If i am going to sell my crypto now then probably i will get profit because i bought it when the market price is low. However, seeing the current market price looks like stabilize and i guess ti will turn back down any moment from now. So my speculation will relatively about selling it now or wait for until it will go higher. I have to decide if to continue on holding or should i sell my crypto? What is your idea about the crypto market price movement? What do you think will happen to the current market price now? Should it will be gone higher or will fall down?
Are you saying that you want to take advice from random people on what to do with your Bitcoin investments? that's not the right thing to do because the answers that you will always get is to just hold your Bitcoin because they think that it will still continue to go up. But honestly no one can ever say what will be the price of it in the next few hours or days. The price is higher than it was last month but it doesn't always mean that when the price goes up it that it should go down, it can still continue but we don't know what will happen. My advice is make your own speculation and decide whether to sell it or not, do not rely on what other people say.
For my advice you better sell some of your bitcoin and some for you to hold and wait for the high price, and some you sell it for you to keep watch when the price goes down and you can buy it.
There are two situation that will happen here, first is if you will still hold your bitcoin and continue then there's a tendency that the value will gets higher in some point this year. But another is if you want to sell your bitcoin then you can get your profit now so that means you cannot get a low value anymore and you will get what you expected. And if that two situation I can say that it is still a win-win situation for you.
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