Topic: Weak Hands lose money, strong hands makes profits in this game! - page 8. (Read 2137 times)
This applies to all types of investments like stocks. I think that strong hands come with experience only.
I hold almost everything and try not to look at the day to day swings of the market.
But, there must also be a point to reap the profits. I don't like day trading, I am too emotional for that and it would give me too much stress.
So, I think of myself of a hodler of tokens and coins which I think they have or will have a great future.
But .. when to sell? When is high high enough?
For instance, I bought Kucoin at the end of last year for just under $1. It went up to $20, but looking at all the data at hand, I thought (and still think) that it might reach $70-$100.
What would you do do in such a case? When to sell?
But, there must also be a point to reap the profits. I don't like day trading, I am too emotional for that and it would give me too much stress.
So, I think of myself of a hodler of tokens and coins which I think they have or will have a great future.
But .. when to sell? When is high high enough?
For instance, I bought Kucoin at the end of last year for just under $1. It went up to $20, but looking at all the data at hand, I thought (and still think) that it might reach $70-$100.
What would you do do in such a case? When to sell?
I'm thinking of a guy who cashed out in January because he was content and had enough money to pay his mortgage. I thought it was a bad idea, he should hold, but he made out huge.
Getting a profit on BTC is like a gamble for most people. They put a lot of investment hoping they will be back soon. As an observation with Btc, it is important to observe before taking any action. Making money with Bitcoin is not like you will have your money back with double or triple values.
it can be called similar such as gambling because the price of bitcoin was very unpredictable and hoping too much from bitcoin is not good especially hoping to get double or tripple from people initial investment and yes hold seems not an actual strategy anymore currently because most people can't hold their bitcoin and mostly they're worried their investment value will be decrease day by day
Getting a profit on BTC is like a gamble for most people. They put a lot of investment hoping they will be back soon. As an observation with Btc, it is important to observe before taking any action. Making money with Bitcoin is not like you will have your money back with double or triple values.
The weak hands will lose money and the strong will thrive in this game. Hodl on people! 
Yeah definitely dude weak hands will gonna lose there money . The best thing to do when the price of cryptocurrencies drastically drop is to hodl or accumulate, that is what I'm doing right now on my small amount of TNB and NEBL . The rules of trading is you'll sell it at low price 
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Well, usually in any kind of game weak people lose and strong people win... so I don't see why in cryptoworld should be different.
It's called "natural selection" and itì's the way that nature uses to improve the world. Any world.
It's called "natural selection" and itì's the way that nature uses to improve the world. Any world.
Those who are weak,doubtful and without patient usually give up in this crypto world, they joined and yet seem skeptical when waiting for their profit does not happen the way they expect, easily move by negative news and comments but those who persevere in this game can really make it.
Most weak hands dive into cryptocurrency investment world just for bigger profits, though they need a feeling dare to the risk in it and a will to educate themselves about the investment lessons.
Yes you are right, trading is like gambling with less risk because you can always earn profit depending on the market's volatility and that is also the reason why bitcoins is very good for long term investment.
Yeah but there are so many whales now or day traders that are relatively doing also their best to day trade and earn on it and the result crypto market price could not go high. So we have to keep waiting on when will there will be a good market price raise so that these traders could lose their money for doing buy and sell with the crypto.
it is important to have good knowledge of whatever business venture you are going into. Remember knowledge is power, the information you gather about bitcoin will strengthen and guide you to make the right decision during downtime. every business requires the strength of heart to succeed. you must be will to take risk of holding on while price starts rising and sell later when the price is at the peak to make more profit.
People are emotional beings, by definition.
So, when we invest time and money in something, we wants result immediately.
Because of our fears, hopes, plans we are to much emotionally involved and can't think rationally.
When something happened and price starts to go down, many people can't control their emotions and start to sell in panic, in order to prevent bigger loses.
Only people with strong mind and character, and strong will, can control their emotions and make good, strategic, long term decisions.
So, when we invest time and money in something, we wants result immediately.
Because of our fears, hopes, plans we are to much emotionally involved and can't think rationally.
When something happened and price starts to go down, many people can't control their emotions and start to sell in panic, in order to prevent bigger loses.
Only people with strong mind and character, and strong will, can control their emotions and make good, strategic, long term decisions.
Being in this industry is just you are in a gambling. Whether you loose or you win. Before you trade or invest, you need to study first the trending of bitcoin or cypto currencies. Don't just buy and sell without any knowledge or study.
I have been through this time and time again. We go through a dip and everyone is running for the hills or selling their coins.
The trolls come out of their caves and the panic nanny behaviour kick into action, triggering a massive sell off amongst the weak hands.
I woke up yesterday and I saw the price was just above $9000. My first thought was, "Damn, I need to buy quickly, before this goes up" and I did. ^smile^
Most people woke up and the first thing they did was to fire up a browser and to read the comments of these trolls and media shills and consequently selling their coins in a state of panic.
The weak hands will lose money and the strong will thrive in this game. Hodl on people!
The trolls come out of their caves and the panic nanny behaviour kick into action, triggering a massive sell off amongst the weak hands.
I woke up yesterday and I saw the price was just above $9000. My first thought was, "Damn, I need to buy quickly, before this goes up" and I did. ^smile^
Most people woke up and the first thing they did was to fire up a browser and to read the comments of these trolls and media shills and consequently selling their coins in a state of panic.
The weak hands will lose money and the strong will thrive in this game. Hodl on people!
Indeed, those peope who are strong to grip their holding will definitely will win the battle of this price changing. Not that kind of people who risklessly sell out most of their holding out of fear, and shock. That is not a good manner, they urgently need to change their attitude, that won't help them to have a good income. Your story is kind of a motivation for me aside from others, hoping that this kind of stuff will help others who are still not learning, and will learn the game of fluctuations.
I have been through this time and time again. We go through a dip and everyone is running for the hills or selling their coins.
The trolls come out of their caves and the panic nanny behaviour kick into action, triggering a massive sell off amongst the weak hands.
I woke up yesterday and I saw the price was just above $9000. My first thought was, "Damn, I need to buy quickly, before this goes up" and I did. ^smile^
Most people woke up and the first thing they did was to fire up a browser and to read the comments of these trolls and media shills and consequently selling their coins in a state of panic.
The weak hands will lose money and the strong will thrive in this game. Hodl on people!
The trolls come out of their caves and the panic nanny behaviour kick into action, triggering a massive sell off amongst the weak hands.
I woke up yesterday and I saw the price was just above $9000. My first thought was, "Damn, I need to buy quickly, before this goes up" and I did. ^smile^
Most people woke up and the first thing they did was to fire up a browser and to read the comments of these trolls and media shills and consequently selling their coins in a state of panic.
The weak hands will lose money and the strong will thrive in this game. Hodl on people!
I agree with you. Knowing when to sell and when to buy is an advantage for most of us. If we really want to gain a good profit then we shouldn't sell until we gain a good profit. Buying while the prices are low and hodling while waiting for the best value is one of the great strategy for us to earn a good profit here in cryptocurrency.
Today, the capitalization of the entire market of crypto currency exceeds 520 billion dollars. A year ago, Bitcoin was 51% of the total capitalization. Now, despite all the disadvantages that we've considered, Bitcoin still holds a third of the entire market.
I do agree, people who doesn't have strong will and determination to put up a good hands in doing this kind of investment will surely don't get a good profit. In order to get good profit one should not be discouraged easily, you have to be mentally fit to cope up with challenges in this kind of investment. Be strategic and don't get panic easily, you have to strong and be patient.
All we need to do is to have knowledge in this bitcoin world . To know what can you do if theres a problem . Need to be good in strategy .
Yes, that is so true that weak hands lose money and strong hands make a profit. Investing in bitcoin is so risky but one time millionaire, all we need in this kind of game is to play well put a patience and hard work to win the game. We need also to be knowledgeable in bitcoin, to be educated in this kind of forum is give us the advantage to earn more profit.
It depends on how Is he gonna be delivering his trades I weak hand does not generally lose specifically if he is hitting his targets no matter how many his trades are if its profiting it can beat the strong hand long term holders but it does requier a lot of experience and skill because we are in a highly volatile market and anything can go wrong in a minute or even a second but all depends on how are you gonna play the game..
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