Topic: This Bubble Didn't Last Long, Time To Sell In Panic - page 2. (Read 1717 times)
Advising to sell the user's bitcoins just because of the sudden drop in price is a wrong advice. Going along with your advice will just make the problem worse. Well it is not a problem, it is just a happening. Advising to sell will just make the price go even lower. I think that you are just toying with others so that if they did panic sell and the price went even lower, you will buy more bitcoin at the lower price. Giving crappy advice to others just to have the benefit just to yourself, damn.
I do not think it is useful to sell in panic. It will incur more loses than gain. Never ever involve emotion when you are trading, your logic will malfunction that way. Stay calm and study the market. As the statistics show, we are still up by some % than yesterday. So I guess we are still in an uptrend path.
Is it really shit advice? Selling at resistance and buying back at support has proved very profitable over the last three years. Just saying....
yes, because newcomers won't know who to listen to or what to believe. they'll walk straight into wherever the professional traders want them to.
you see the same old thing every day on r/bitcoin and elsewhere. people try to badly time the market and end up poorer. if you know more then great. people who don't have years of experience should take the long road instead by cost averaging and selling when they reach their target.
i am absolutely sure there are people like this who bought at $2700 and will sell when it gets to $1500 again. they shouldn't have gotten involved at either price.
If the OP is really that bad at trading, he shouldn't do it. Just buy and spend/hodl.
Is it really shit advice? Selling at resistance and buying back at support has proved very profitable over the last three years. Just saying....
yes, because newcomers won't know who to listen to or what to believe. they'll walk straight into wherever the professional traders want them to.
you see the same old thing every day on r/bitcoin and elsewhere. people try to badly time the market and end up poorer. if you know more then great. people who don't have years of experience should take the long road instead.
Is it really shit advice? Selling at resistance and buying back at support has proved very profitable over the last three years. Just saying....
yes, because newcomers won't know who to listen to or what to believe. they'll walk straight into wherever the professional traders want them to.
you see the same old thing every day on r/bitcoin and elsewhere. people try to badly time the market and end up poorer. if you know more then great. people who don't have years of experience should take the long road instead by cost averaging and selling when they reach their target.
i am absolutely sure there are people like this who bought at $2700 and will sell when it gets to $1500 again. they shouldn't have gotten involved at either price.
that's shit 'advice'.
if people can't take it they shouldn't be anywhere near bitcoin. no one can time this. work out an entrance and an exit and wait around until you can execute it. if you don't you'll wind up with a bunch less money than before.
if people can't take it they shouldn't be anywhere near bitcoin. no one can time this. work out an entrance and an exit and wait around until you can execute it. if you don't you'll wind up with a bunch less money than before.
Is it really shit advice? Selling at resistance and buying back at support has proved very profitable over the last three years. Just saying....
Wow ! I have to confess that it has been hard ! We lost about 300$ in the matter of 3 hours 
! I wonder now if it will recover or not.
Well we had gained about $300 in the previous three hours so..... ! I wonder now if it will recover or not.
It's actually very simple, in the easy way of the price going up hundreds of dollars in a quick fashion, it can lose a few hundred dollars in the same way.
Important is where the price will settle at this point, since this might be the correction that a lot people were waiting for.
I think if we manage to maintain the $2000 mark for a while, that we have done well. If you're a trader, take advantage of this correction, and if you're a hodler just like me, keep hodling!
Important is where the price will settle at this point, since this might be the correction that a lot people were waiting for.
I think if we manage to maintain the $2000 mark for a while, that we have done well. If you're a trader, take advantage of this correction, and if you're a hodler just like me, keep hodling!
Wow ! I have to confess that it has been hard ! We lost about 300$ in the matter of 3 hours ! I wonder now if it will recover or not.
so the price can go up 20% one day but if it drops 14% overnight it's over? sounds like we're still up 6% to me . . . ! I wonder now if it will recover or not.
Wow ! I have to confess that it has been hard ! We lost about 300$ in the matter of 3 hours ! I wonder now if it will recover or not.
! I wonder now if it will recover or not.But what was the price yesterday?... We are back where we were last night. If you cannot stomach these ups and downs, you shouldn't be involved with Crypto to begin with. HODL. You will regret panic selling.
Wow ! I have to confess that it has been hard ! We lost about 300$ in the matter of 3 hours ! I wonder now if it will recover or not.
! I wonder now if it will recover or not. 
Bitcoin has variance in terms of pricing and if you can't deal with it, don't use it. All coins and fiat currencies have changes in price, it's not only a Bitcoin thing. Selling during drops is even worse considering you'll probably be seeing a price higher than the previous day with these current trends. For the past several days the trend has been rise, drop, and rise, rinse and repeat. Just wait a little bit, patience goes a long way.
that's shit 'advice'.
if people can't take it they shouldn't be anywhere near bitcoin. no one can time this. work out an entrance and an exit and wait around until you can execute it. if you don't you'll wind up with a bunch less money than before.
if people can't take it they shouldn't be anywhere near bitcoin. no one can time this. work out an entrance and an exit and wait around until you can execute it. if you don't you'll wind up with a bunch less money than before.
Price was about to reach $3000 but suddenly just like when it started to rise from $1200 now has started to fall from $2800.
If you don't adapt with the market you'll for sure lose, when market is moving upwards you should go with it but now market showing the signs of going down and we should all go with it, only the ones who were meant to hodl for long will continue to do so because these prices is nothing for them but the middle class Bitcoiners like me and most of the people here can not sustain such drops, so start selling to avoid more suffering.
If you don't adapt with the market you'll for sure lose, when market is moving upwards you should go with it but now market showing the signs of going down and we should all go with it, only the ones who were meant to hodl for long will continue to do so because these prices is nothing for them but the middle class Bitcoiners like me and most of the people here can not sustain such drops, so start selling to avoid more suffering.
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