Topic: Why are you saying wait? - page 7. (Read 1982 times)
More often enthusiasts and holders prefer to wait and recommend that. Enthusiasts belive that bitcoin will be the main currency in the whole world, so you can imagine how much price will cost. These changes need a lot of years, but maybe one day... Holders more realistic. They analyse market, choose one perspective coin, invest and hold it about a year ot longer. As I know it's more profitable then fast trading.
in any case, expectation. This is the best that can be for today and for the near future. The fact is that many investors bought Bitcoin at higher prices and today they have no other choice, we just have to wait and hope for the best price.
People say wait simply because we are being positive even the price was dumping. Only waiting was our choice in order for us to get more profit. Waiting is also a type of faith that you are believing that the price of it can be recover. If you didnt wait and just sell it then you will just lose your money.
Its so simple because of dropping the price. You notice that in recent 2 week price of coin is fall down and most of the investor are worried about it and they just hold the coin without selling the coin, though we find fewer of the people just sell their coin which is too late rate. Rather selling the coin most of the new person are join in this word, I mean they get the chance of low price because they know after sudden period of time the coin price will increase. So they invest on it.
Its matter of joy that now the price of coin is start to increase not but back to his previous rate, and people also waiting to see the previous rate and that’s why they hold the most of the coin and tell the people just hold the coin.
Its volatile market and no one know when the price will come back, who have less invest and get the their minimum profit they just sell to get rid of this, If you have trust and patience you also hold the coin.
Its matter of joy that now the price of coin is start to increase not but back to his previous rate, and people also waiting to see the previous rate and that’s why they hold the most of the coin and tell the people just hold the coin.
Its volatile market and no one know when the price will come back, who have less invest and get the their minimum profit they just sell to get rid of this, If you have trust and patience you also hold the coin.
Actually the reason is because people usually when everyone will sell more and more the investment will lose its price due to mass selling. But yes as you are saying concept of short selling too will be great but its only when you are an expert trader because most of the people end up buying at an higher price due to a simple FOMO which is much more dangerous and worthless. You must be very accurate in your approach and know until where is the next support of the coin to sell it and buy it back later. otherwise you will end up buying at every peak and sell at every trough which will only bring you losses.
I think it's better to wait rather than selling the valuable bitcoin at low price due to panic selling.The people in this forum ask you to wait for your future.Because we know the price of bitcoin again reach 19,000$ in a couple of months.At that time you will feel for the bitcoin which you lost by selling at low price.
You know that it's going to hit 19k again in a couple of months? How?
All we can do is wait. If you don't catch the bull run then you have to wait until it happened again. The bear market these past few months really hurt my holdings, but then I am still confident that it will go back to its original price and even get higher. I just have to be patient. Weak hands don't win.
Because if you wait, you can get better profit, but you need to be patient in this. Sometimes, like now, btc is falling down and a lot of people are scared, that it can fall more and sell. Don't be like them.
You need to be patient that is correct but at the same time those people that invest in cryptocurrencies for the short term know very well they are not patient and if the price goes down they will face a very difficult decision do they sell now and accept their losses or do they try to wait and see if the price recovers? While I do not have a problem waiting this is because I know that I'm a long term holder but for them that is not the case and they risk losing even more money if they keep holding. 
They are saying wait because they also believes that the price would increase in the future,
Beceause the current price is low and if they hold it and wait they could get a higher price than selling it now.
Beceause the current price is low and if they hold it and wait they could get a higher price than selling it now.
I'm not one of those people, but I think that some of them think that just because the price has thus far always recovered, rebounded and spiked higher, it's the safer bet to just hodl than to try to guess which way the market is going to go. Anyone who's dabbled in trading has at some point guessed wrong and ended up losing out on profits or even outright losing their own money. It's this fear that drives the hodl mentality, i.e. "it's always recovered and soared before so surely it will again. All I have to do is ride it out until then."
Then there's the people who tell others to hodl for their own selfish reasons. They want everyone else to hang on so that there's less sell pressure while they unload their own bags. These are usually the people who keep parroting the whole "buy the dip" nonsense, even when anyone with an ounce of sense can see that the price is still too high.
With that said, at some point, the bottom will be reached. If you think that we're still a ways off from that point, then of course it makes sense to sell now and rebuy later like you suggested. Don't get mad if you guessed wrong and end up losing out.
Just remember, fortune may favour the bold but being bold is often foolish.
Good point but keeping that in mind will keep you from losing more money in the long run. If you're actually sure that the coin you are holding will surely recover and rise again as past charts shows, then it is better to hold it out so that you will have no regrets later on. I'm not sure about any other coin but if we're talking about Bitcoin or ETH, then they are sure to recover from this downtrend like what it is doing now. Then there's the people who tell others to hodl for their own selfish reasons. They want everyone else to hang on so that there's less sell pressure while they unload their own bags. These are usually the people who keep parroting the whole "buy the dip" nonsense, even when anyone with an ounce of sense can see that the price is still too high.
With that said, at some point, the bottom will be reached. If you think that we're still a ways off from that point, then of course it makes sense to sell now and rebuy later like you suggested. Don't get mad if you guessed wrong and end up losing out.
Just remember, fortune may favour the bold but being bold is often foolish.In recent months, the market has dropped a lot. Many people's portfolios have fallen by 50 percent, and the answer is basically waiting.
We can sell it at a higher price and buy when it goes down.
I think we'll lose a little bit less, better than nothing.
We can sell it at a higher price and buy when it goes down.
I think we'll lose a little bit less, better than nothing.
the fluctuations in bitcoin price is normal, so I will wait until the price will going to up.
In recent months, the market has dropped a lot. Many people's portfolios have fallen by 50 percent, and the answer is basically waiting.
We can sell it at a higher price and buy when it goes down.
I think we'll lose a little bit less, better than nothing.
We can sell it at a higher price and buy when it goes down.
I think we'll lose a little bit less, better than nothing.
The thing is that it is impossible to tell at which the market will make a u-turn. You mean we should sell when the price dropped from $19k to $15k and then buy at $7k? Well, it's easy to say post factum. But what would you say if after selling everything at $15k you see the price goes only up from that point? And now we have similar situation. People who believe the price will go down to below $6k may sell everything at $8k+ to "buy later at cheaper price" but it is possible that the eagerly anticipated downfall to below $6k will never happen.
I think why people wait because they still believe in their portfolio or still believe in cryptocurrency especially bitcoin that the price will rise to the moon, and also when taking action you should really think about it as a result of what you do.
Yes, the market fell heavily, but the people who bought at the beginning of the year, too, at the time considered the same. The market may fall even more.
Bitcoin is a good way to wait for investment workers. Because Bitcoin prices get gross. Waiting for the right time to sell will get more profit. So let me say wait and sell it with price.
In my opinion, that is the main and great alternative for us to take the opportunity to buy some bitcoin and other cryptocurrency its because the cost of it is very affordable. Yes just wait because we know that the price of bitcoin and other cryptocurrency is still low and when the bitcoin's value recover it is the time when we sell our bitcoin or cashout our profits.
In recent months, the market has dropped a lot. Many people's portfolios have fallen by 50 percent, and the answer is basically waiting.
We can sell it at a higher price and buy when it goes down.
I think we'll lose a little bit less, better than nothing.
We can sell it at a higher price and buy when it goes down.
I think we'll lose a little bit less, better than nothing.
Patience is the key in this business if you do not know how to wait and stay calm then i am sure that you are very over thinking today about your losses and on how you gonna win that back or maybe you have already panic sell all your holdings which is very much what the non patient people do the most. But let me tell you this, bitcoin and all the other coins needs a lot.of patience is you cannot wait for it then you cannot get the huge profit
the only way we should wait for value is higher than the previous price, and the main key must be patient, so we will not lose profits when the selling price is higher.
The main key is not patient but it is analysis. Why should we be patient when we do not know anything about the coin that we are holding. I suggest we should spend more time to learn about coins and trading before deciding to hold a coin. It is risky to hold a coin without knowing anything about it
Basically of all it is that the opportunity is always ahead and doesn't close the possibility to gain profit in the extra time period or long-term opportunities. Do not be too stuck with the decline, because crypto still continues to moving and following the flow of journey that often with some decline.
So what? Waiting is the mainly thing in bitcoin instead being patience, the rise and down up the price is always happened. So, it's depend on you would you like to wait or not.
we wait because we want to earn good profit and we believe in our coin.
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