Pages:
Author

Topic: You only lose if... - page 12. (Read 14981 times)

hero member
Activity: 1190
Merit: 534
January 27, 2017, 10:55:26 PM
I do convert some of my bitcoins when I need money but I don’t do that when price goes down because I have long term approach and I believe that bitcoin is worth much more than the current situation. Even if I can’t buy in lower levels then I don’t even sell it in that case. One should buy or hold bitcoin up to his capacity of loss bearing.
hero member
Activity: 756
Merit: 503
Crypto.games
January 27, 2017, 09:33:01 PM
Not always.  Grin

For me,you lose if, you sell at the wrong time ( Grin) or when you're being forced to sell because of some 'urgent' need/circumstance.
 
Selling because you need to, eliminates any sort of control you have. Profits are all left to chance since you have to sell whether it's high or low.

There's also the cases where those who receive weekly payments proceed to sell as soon as they receive their 'wages'. It's automatic and doesn't consider anything else other than converting into fiat regardless of price.
I feel that is also a loss and results in a lot of missed opportunities for some.
newbie
Activity: 3
Merit: 0
January 27, 2017, 08:09:26 AM
You only lose if you buy high and sell low.
sr. member
Activity: 434
Merit: 250
January 26, 2017, 09:00:19 PM
Yes, I agree with you.
If we selling bitcoin we lose, in long terms bitcoin price will increase more than now maybe cross 1000$ again after few weeks. No one know that. but i believe that this cryptocurrancy had a lot of surprice for us ( i mean bitcoin community ). Many people now Trust bitcoin and use it arround the world, that is to say bitcoin price go up.
So, the conclusion is do not sell your bitcoin.
member
Activity: 101
Merit: 10
January 26, 2017, 03:35:00 PM
You only loose if you don't follow the right dream Smiley
hero member
Activity: 826
Merit: 502
January 26, 2017, 11:44:51 AM
You will lose if you are not patient. if you sell your coins even just a little bit higher than the amount you bought it i think thats fine. there will always right time to sell if you dont wait then you wont gain anything.

I don't think that you can always earn from trading just because you were patient. For example, you bought an altcoin at 1000 satoshi each because you thought it was a good coin. And so you waited for a couple of weeks, and the price didn't even move that much. And then you wait more and more since you're very patient. But the price was just decreasing. Did your patience help you? No, it did not. You simply just waited and waiting doesn't require any skill at all. Everyone has the capacity to wait.

I think you should be able to identify which coins aren't stagnant, which is pretty easy to do btw so your waiting would worth something. Just a piece of advice, if the coin isn't moving that much, if the coin isn't even decreasing, then it's probably a dead coin so don't buy it.
hero member
Activity: 3010
Merit: 629
January 26, 2017, 10:10:25 AM
You will lose if you are not patient. if you sell your coins even just a little bit higher than the amount you bought it i think thats fine. there will always right time to sell if you dont wait then you wont gain anything.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
January 26, 2017, 08:39:33 AM
Well, I probably lost when I became impatient. Well, I always sell coins I invest when the price is slightly up or slightly down. I think, that it is a safe way to play, but I think lost, when the coin prices rise very high. there are currently 1 coin that I hold, and I hope the price immediately rose to the height.

actually you are doing the right thing but thinking the wrong one!
what you do is what every experienced trader does. you sell when you reach your profit target. trading is no place for regrets. if you made your profit then take it and be satisfy with it. and if the coin went higher just take the profit and be happy you made a profit instead of losing and think about your profit target next time to be more accurate.
sr. member
Activity: 742
Merit: 257
And we go again.
January 26, 2017, 08:21:34 AM
 buy on fomo. or do not read abot coin, what u want to buy.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
January 26, 2017, 07:31:24 AM
Well, I probably lost when I became impatient. Well, I always sell coins I invest when the price is slightly up or slightly down. I think, that it is a safe way to play, but I think lost, when the coin prices rise very high. there are currently 1 coin that I hold, and I hope the price immediately rose to the height.

Probably, it is one of the traders strategies, but if you only have not enough money to have a large capital. You cannot earn a lot in fast way if you have a small capital, especially you want a fast way of earning, you cannot trust the value changes of a certain altcoin

yeah, every traders have their own strategies, with small capital we need long time to make big profit unless there is a pump on the coins and we sold it in high price. in trading we should be patient to always check the price so we don't missed the price we want and we can get what we want.
sr. member
Activity: 490
Merit: 250
January 26, 2017, 04:12:27 AM
Well, I probably lost when I became impatient. Well, I always sell coins I invest when the price is slightly up or slightly down. I think, that it is a safe way to play, but I think lost, when the coin prices rise very high. there are currently 1 coin that I hold, and I hope the price immediately rose to the height.

Probably, it is one of the traders strategies, but if you only have not enough money to have a large capital. You cannot earn a lot in fast way if you have a small capital, especially you want a fast way of earning, you cannot trust the value changes of a certain altcoin
sr. member
Activity: 1176
Merit: 252
January 26, 2017, 03:59:33 AM
Well, I probably lost when I became impatient. Well, I always sell coins I invest when the price is slightly up or slightly down. I think, that it is a safe way to play, but I think lost, when the coin prices rise very high. there are currently 1 coin that I hold, and I hope the price immediately rose to the height.
hero member
Activity: 2464
Merit: 594
Bitcoin Casino Est. 2013
January 25, 2017, 11:59:44 PM
I'm not losing every time I sold my coins because I convert it to our fiat money and I can buy what I want. It can provide my daily needs and pay my bills, so it is really worth it. I don't care much if I sell it in high or low because I got my bitcoins in different day and time.
legendary
Activity: 1554
Merit: 1054
January 25, 2017, 11:08:46 PM
You only lose if you buy high and sell low.
Then why you need to do that ? No sense at all. 
OP is talking about not holding when bitcoin was near ATH. When bitcoin prices were seeming to fall down, you will lose if you prefer to keep on holding.

But I am not agreeing with OP, and I am just holding my bitcoins for another bounce back.

If you buy high, you can hold for higher prices to get profits.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
January 25, 2017, 10:26:42 PM
You only lose if you buy high and sell low.

Lol! that is not even said as the basic principle to profit is the opposite, you would sell at the right time and that right time is when you feel you are getting the right profit you expected. Never sell when you are losing because if you do that, you only show your lack of trust with bitcoin and you will never gonna succeed in the long run.
newbie
Activity: 27
Merit: 0
January 25, 2017, 08:26:45 PM
You only lose if you buy high and sell low.
hero member
Activity: 1372
Merit: 503
January 25, 2017, 07:57:54 PM
I always sold my bitcoin and always exchange it to fiat currency im in need every week not because spending them on random things but because i need it for my daily expenses going to school and i just get bitcoin for free from trading and gambling so it's not a problem to me if i sell.
hero member
Activity: 1918
Merit: 564
January 25, 2017, 07:30:33 PM
I'm confident for bitcoin about reach 5x times from current value on 2019 as we know there will be halving and bitcoin demand got higher

So I'm focus to purchase bitcoin every month ( 10-15% ) and keep hold as long as possible

( just learning the past , bitcoin still $ 300 / btc )
Right now bitcoin is close to 900 so that means by your prediction bitcoin will reach a price of 4500 dollars per bitcoin while I have faith in bitcoin I am not sure bitcoin can reach such a price in such a short time frame.
Nothing is impossible in the world of cryptocurrency, when the 2016 ago prices of bitcoin ranging between 600-700 USD/BTC,
nobody would have thought if in that year will be 1100 USD/BTC just in a month. The bitcoin price is very difficult to guess.

Lots expected it on the contrary,  the thing that no body thought is the announcement of China right after some day Bitcoin breaks $1000.  That is really annoying, just when Bitcoin is up $1000+ then China announces some anti climatic News and Bitcoin take a dip until $750.
hero member
Activity: 2912
Merit: 642
January 25, 2017, 11:21:51 AM
#99
Although it could also be strength if you have the courage to sell tat the right time. Risky but still if you can afford to lose then it is a good thing. It will be beneficial for the next trade that you will encounter if you ever will do it again. You now know the risk that you will be getting into.
legendary
Activity: 1120
Merit: 1000
January 25, 2017, 11:15:21 AM
#98
Yeah you are right. at that time when the price was going down I worried and my brother advised me to sell them now but then I remembered the past and then I decided then no I will not sell and good time will come once again. So I hold them and now I am happy with bitcoins with me.
we always lose a lot of money in panic selling. and that is mostly happens in short term investment. in long term investment we do no care the the little pump and dump, i personally in interested in long term investment about 4 to 5 years. and hope that after that time bitcoin price will more that triple as compare to the present price. so i will also recommend long term investment to my friends.
yes that is a fact that panic selling is the main problem. most of the time when the price of bitcoin is taking market correction, so people consider it as market crash and starts panic selling which effect the price of bitcoin too much. but i think now the situation is changing from time to time. people are now becoming mature and the are not selling their bitcoins in panic like situation.
Pages:
Jump to: