XMR burnt me really bad | Bitcointalksearch.org

TrueCryptonaire

legendary

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Quote from: The Sceptical Chymist on July 01, 2017, 07:51:44 PM

Yeah, and the people who buy at the top apparently come here to cry. Nobody likes a whiner, dude.

Now as to advice: I say just hold onto whatever you bought and hope for the best. You will absolutely never make a profit if you buy high and sell low. It just doesn't work that way. You ought to be investing only what you can afford to lose. Mad money, play money. Extra. Be a man and suck it up. Wipe the tears away and burn the kleenex with your brilliance.

This!!!! Let's hope...

The Sceptical Chymist

legendary

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Yeah, and the people who buy at the top apparently come here to cry. Nobody likes a whiner, dude.

Now as to advice: I say just hold onto whatever you bought and hope for the best. You will absolutely never make a profit if you buy high and sell low. It just doesn't work that way. You ought to be investing only what you can afford to lose. Mad money, play money. Extra. Be a man and suck it up. Wipe the tears away and burn the kleenex with your brilliance.

Febo

legendary

Activity: 2744

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Quote from: bustedsynx on July 01, 2017, 07:32:53 PM

You bought the top. Someone always does. Undecided

Top was 0.025 so way higher as it is today or yesterday when he bought. We will visit that next month most likely. Price right now is sort of where he bought no loss no profit. Trolling post. Was daily 10 such posts 2 years ago about Monero.

bustedsynx

sr. member

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You bought the top. Someone always does. Undecided

DRaGoN RaNTaRo

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Quote from: toygg on July 01, 2017, 09:57:58 AM

I bought 36 XMR @ 0.01738500btc . Now it kept decreasing and I am super depressed just looking at the figures. Any idea why is XMR dumping so hard guys?

Do you really think that the price only keeps on moving up,in a market expect movement in both direction and the price is not that low from what you have purchased and hope you are aware of the market for the past one week and start crying for the correction,hold for a longer time and add coins if it really goes down.

Febo

legendary

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Quote from: adaseb on July 01, 2017, 12:39:47 PM

If only dropped 1% from your price and you are depressed and panicking?

Wait until it drops another 30%.

No waiting!!! Sell now. It is way risky to hold such hot coin. You will only get burned. Sell man. Go buy yourself an ICO. Suncontract is perfect. You dont get sunburns but you earn moniez!

TrueCryptonaire

legendary

Activity: 1092

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Quote from: toygg on July 01, 2017, 09:57:58 AM

I bought 36 XMR @ 0.01738500btc . Now it kept decreasing and I am super depressed just looking at the figures. Any idea why is XMR dumping so hard guys?

It is a horrible timing to buy any coin right now.
Basically the only coin you should be hoarding is bitcoins.

You should read the Speculation thread and follow me.... When I say it will pump, it will go up. When I say it will go down, it will dump.
Last time I checked, I am bearish on Monero.
Aminorex has quit working, he has expensive lifestyle and tons of Moneros. He needs to sell his Moneros now to sustain his lifestyle. Risto also is a high roller and living high and he has Moneros (although he says he was hacked - but definetely he has Moneros in some other storage units that are unhacked).
A lot of selling pressure, and the competition among the anonymous cryptocurrencies is getting more and more intense all the time. Dash replaced Monero, next is Zcash.

Right now I would just hoard bitcoins... The massive altcoin bubble is about to burst and bitcoin will get back some of its previous marketcap dominance.

swissgang

full member

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It's about people and speculations. Decreasing is normal movement like increasing though.

Evlve

newbie

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Ever wonder why Warren Buffet said to find a project you believe in, invest, and hold? (Paraphrasing)

Because there are going to be ups and downs. People spend lifetimes building teams trying to predict the future based on the past so they can eek out a profit. Some are successful some aren't

In my opinion investing is betting on your ability to research projects and determine what they will be worth over a certain period of time. Investing in multiple projects averages out your profits and losses. Anyways I hope you believe in monero. Keep an eye on it to see if it's hit your goal price so you can cash out and forget...otherwise due to the chaotic nature of alt coins right now it's almost best to forget

javalemcgee

full member

Activity: 215

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You can't always buy from the cheapest point, deep side. That's normal, stay high and try to control your emotions. Don't make panic sells unless you need urgent cash.

cattani30

sr. member

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Patience is the key to success

Just have some patience and everything will be ok, weak hands are not good in this industry Grin

bitekoin

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i bought at an ATH sometime back.. was depressed until support levels increased months later.

n691309

legendary

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Quote from: lx001 on July 01, 2017, 11:03:06 AM

Quote from: toygg on July 01, 2017, 09:57:58 AM

I bought 36 XMR @ 0.01738500btc . Now it kept decreasing and I am super depressed just looking at the figures. Any idea why is XMR dumping so hard guys?

it's 0.017000 right now, everything goes down, nothing you can do about it. it will go back offcourse, question of time. another thing is that you are depressed because you invest more than you can afford to lose

If you are really afraid then sell if before it's too late, the drop is not a lot and the loss is not a lot. But these days all currencies charts are red and I would maybe suggest you to keep them as the price will keep increasing after few days. I bought some coins too in poloniex but I'm going to keep them as I believe that the green color will show up very soon.

Alttrader203

newbie

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Lol.

Read basics of investing.

Diversify!

And dont sell when it drops. Investing is mot for the faint hearted

le_frenchy

member

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I think this post is a joke.. lol

Pelekus

newbie

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I bought too, thinking it would increase, but it has not yet. I am however still convinced that it will in a near future.

BTCIV

member

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Quote from: adaseb on July 01, 2017, 12:39:47 PM

If only dropped 1% from your price and you are depressed and panicking?

Wait until it drops another 30%.

Wait until it grows 100% Wink

adaseb

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If only dropped 1% from your price and you are depressed and panicking?

Wait until it drops another 30%.

Febo

legendary

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Quote from: toygg on July 01, 2017, 09:57:58 AM

I bought 36 XMR @ 0.01738500btc . Now it kept decreasing and I am super depressed just looking at the figures. Any idea why is XMR dumping so hard guys?

Sell man. Dont wait to long. 0.01712212btc now. You lost 0.0008368btc. OMG man. Why you bought it? Well it was still smaller loss then if you would withdraw those btc to your btc wallet. fee would be higher.

xFiber

sr. member

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Market has been in a downtrend for the last couple of days. I'm assuming this is your first trade or the first trade in loss and I would suggest you to just wait things out. Chances are that monero will recover in the next couple of days. Don't panic sell for a loss because that won't help.

Topic: XMR burnt me really bad (Read 1295 times)