Why Does This Always happen? - page 6.

davis196

hero member

Activity: 3150

Merit: 937

This happened to me several times after 2017.I got lucky for HODLing and selling my BTC at the peak of the December 2017 ATH.The years after 2017 were more like panic selling(several times)and/or selling BTC every time I needed cash(but the BTC price started pumping right after I sold some Bitcoins Grin

).
I simply stopped caring about the price.I just HODL and sell my coins,only if I am in urgent need of cash.
You have to ask yourself about what is your main motivation of selling?Is it fear of an upcoming price crash?
Do you think that the price was at the peak of a price bubble?
Many traders are like me and you.We just fail at timing the market. Grin

cryptomaniac_xxx

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Activity: 1344

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Definitely, I think everyone can relate to it, so you are not the only one experiencing it. Of course, it's really frustrating to see how the market goes if you make your move but you can't do anything about it though. Just look at the bright side, and let it not deter you to continue with your bitcoin or crypto journey. Regrets is just part of the game, and the more you experienced it first time the better for you to readjust your investment strategy.

GelatikKembar

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The OGz Club

Quote from: Strongkored on March 14, 2022, 01:58:53 AM

Quote from: Fivestar4everMVP on March 13, 2022, 05:02:41 PM

So what you all think? Do you experience this kind of stuffs too? Feel free to share your story with us.

This fact not only happens to you but almost all traders are no exception to me, but I am sure this does not happen to every trade you make, surely only a few because if this is always the case maybe you should evaluate your trading strategy or it could be that trading is not an activity that is suitable for you.

That's right, I think it has become a common thing because every trader has experienced something like that,
in this case analyzing has an important role to make the right decision although that does not mean it will guarantee us,
that's why trading is not something easy and very complex for sure

boyptc

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Definitely!

The market is sick of us that's why it happens. Tongue

Kidding aside but it's really happening to me too that just after selling, maybe after few hours or a day the market is going up. This is usually when I sell alts and bitcoin.

I don't know if we're unlucky or it is that the market knows how to disappoint us. Tongue

tvplus006

legendary

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To the Moon

Quote from: Fivestar4everMVP on March 13, 2022, 05:02:41 PM

...So what you all think? Do you experience this kind of stuffs too? Feel free to share your story with us.

Everything is obvious here, you see that the deal brings you profit and hurry to fix it, after which the price continues to rise. In this case, you should not rush, you need to close the position in parts and at the same time move the stop loss to profit as the coin price increases.

crwth

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That means it's not meant to be. It can always be like that. It's impossible to always keep on winning, especially if you are trading in the cryptocurrency market where it's volatile, and you could quickly lose your investment with futures and other stuff like that.

This is where you would consider how much you would risk and how long you would wait for that to be in your favor? Can you average your entry? Continue to see the red in your portfolio? Etc.

FlightyPouch

sr. member

Activity: 1638

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The reason why I don't usually monitor after investing and after selling. It is relatable to each and every trader so you don't need to feel it is just you. Hold your assets and don't be moved by those changes as they will also turn in the opposite direction in no time.

You should not be one of those people that would immediately drop their assets once they see the price having a downtrend, let's be patient, and instead of worrying that might impact our decisions that would also affect our future profits and investments, we should focus on other things and make our time worthwhile and productive.

Mpamaegbu

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Once a man, twice a child!

Quote from: slaman29 on March 14, 2022, 04:01:29 AM

Seems like hodl is always the best option, if you take the chart lessons Wink

But don't take them as they're not true. If everyone hodls, then nobody uses then Bitcoin has no utility.

That's my perspective too whenever I read or hear people scream hodl, hodl. It's not a bad idea to hodl, sincerely. Don't just criminalize it so to say, when people don't hodl. We all can't be hodlers the same way we can't all be selling or buying at the same time. There is always a balance. We're in a heterogeneous world and opinions should differ. No one should see others who differ from them as abnormal or unintelligent. To be frank, what gives Bitcoin its value is the activities of buyers and sellers; not that of hodlers. Value of any commodity or assets or services aren't know until the owner/hodler decides to sell.

slaman29

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Seems like hodl is always the best option, if you take the chart lessons Wink

But don't take them as they're not true. If everyone hodls, then nobody uses then Bitcoin has no utility.

If you buy and 99% of the time it drops, then we'd all be having Bitcoin with negative. Markets are so simple, remember. If more people buy than people are selling price goes up. And we all know BTC has only been up since the past 12 years

Strongkored

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Quote from: Fivestar4everMVP on March 13, 2022, 05:02:41 PM

So what you all think? Do you experience this kind of stuffs too? Feel free to share your story with us.

This fact not only happens to you but almost all traders are no exception to me, but I am sure this does not happen to every trade you make, surely only a few because if this is always the case maybe you should evaluate your trading strategy or it could be that trading is not an activity that is suitable for you.

Mpamaegbu

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Once a man, twice a child!

Quote from: Fivestar4everMVP on March 13, 2022, 05:02:41 PM

That's typical of every investors/traders' experience and I believe it happens so because a lot of traders buy almost at the same psychological level. There are levels people believe the market will take a turn, either upward or downward. Most times it doesn't happen that way because the market has a mind of its own. They forget that what the crowd feels is right is in most cases not right. Those who follow crowd mentality in trading often get messed up like that. There's a reason the famed Warren Buffet tells us to buy when others are scared and sell when they're greedy buying more. He's right on that one. It simply means going left when the crowd go right and vice versa.

mk4

legendary

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Such occurrences happens a lot of times most likely because you're thinking and making decisions like most amateur traders/"investors" do. The same exact reason why noobs fomo at near-all time highs and panic sell at near-bottoms while the experienced peeps rake in the profit.

cabron

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Happens all the time even just last month to which I am hold holding coins that I think I should have sold as it pumps and maybe I could have accumulated more instead. Learning to hold it I guess I have to live with it now that I have moved it out from the exchange because Jesse Powell said so. I'm just glad it's not the futures market that I got into.

Don't you have the feeling like it's not really the witches that are watching you but the exchange itself?

adaseb

legendary

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It’s just the way the markets work.

Keep in mind that you are one participant. There are millions of other traders like you. When all of them sell because they give up, there is no more selling to do. So if the market can’t go down anymore it reverses and goes up.

Now it’s the same when it goes up. People buying like crazy and nobody wants to sell because they want $100K or something crazy like $250K. So it tops because the whales sell to all the new retail and then it starts to drop and drop fast.

Need to do the opposite if you want to make it in this game.

michellee

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To avoid such things, maybe you can sell a small part of the total amount you have so that when the price goes up, you still have a large part that you can sell at a higher price and vice versa.

I've had the same experience as yours and I'm trying to do that, although it hasn't worked as well as I'd like. But at least it can work for me so that even if I'm still stuck at one price level, I still have funds to buy the coin if the price still drops.

Bitcoin_Arena

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฿itcoin for all, All for ฿itcoin.

Happened to me several times, and It wasn't just me, My brother and some other friend too complained about their trading decisions. They would say whenever they entered a position, It would go the exact opposite most of them time as if they were being watched Grin

I think it all comes to the psychology involved in trading and also, most time we always look at only profits while not preparing for a possible loss in case things don't go as planned.

Ryker1

sr. member

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Eloncoin.org - Mars, here we come!

Well I think that image shows how meme coins were hyped in the market.
I don't see a problem here when you are selling and have a profit, investors aimed profit when they sell they make sure they have a profit, and no one fools selling their coins at a lower price when they invested it. So I think that is pretty normal at all. But for sure this will not happen to bitcoin which is as the image shown, it seems like a massive hype has happened.

Cookdata

hero member

Activity: 1106

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Not Your Keys, Not Your Bitcoin

This image illustrates an excellent example of shitcoins, this is what happens if you keep shitcoins. Take a quick look at the YTD bitcoin chart, you'll be proud of the chart and wish you were one of the early investors. None of the images above, in reality, illustrate or demonstrate what the bitcoin chart is all about.
There are certain altcoins that have benefited some people, and I believe image 1 illustrates this, but as you can see in the last image, it has caused other people to dislike crypto and even regard it as a horrible scheme that they would never participate in again.

Scripture

full member

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Merit: 128

This is normal and we should always remember that the market is unpredictable but you can always avoid losing big money especially if you know how to take profit and how to cut loss.

Analysis is a big key factor here because you will not buy that much on a crashing market, you have to wait for the good signal if its ok to buy now or wait for a deeper prices. Don’t get too emotional here, fix yourself and know what to do next.

Fivestar4everMVP

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Leading Crypto Sports Betting & Casino Platform

Like the image above, it's happens to me almost all the time and I don't know if any one here can relate? At times, it's really frustrating and I feel like "maybe some witches are out there preventing me from making profit off my investment" 😂.

So what you all think? Do you experience this kind of stuffs too? Feel free to share your story with us.

Topic: Why Does This Always happen? - page 6. (Read 755 times)