You'll sell at the bottom | Bitcointalksearch.org

Vaskiy

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Quote from: aso118 on May 03, 2017, 07:01:58 AM

Quote from: Apened on May 01, 2017, 11:55:15 PM

Quote from: DocGTR on April 28, 2017, 01:34:53 PM

Quote from: Apened on April 28, 2017, 05:52:02 AM

Quote from: cellard on January 12, 2017, 10:47:19 AM

When you decide to sell, be it today or tomorrow or whenever, chances are you will sell at the bottom. This will cause you massive depression, way worse than not selling at the peak to rebuy cheaper.

Buy and hold, or risk selling at the bottom and losing your position. After this dip stabilizes, we are going $2000.

I dont yet decide to sell im just buying when the price were being dump ,buy more until i can .when i have a target price i will only sell some .

I think that many people do exactly the same thing. Each person determines the price at which he is ready to sell his coins.
But selling in a recession is stupid. It is better to wait and sell at a high price

This situation enters the questoin why do you need or the reason for you to sell at that price. If i am i.e. i will sell bitcoins to gain some profit when price dumps .My point is i will sell at high price not at the bottom.

The point is that you don't know how the future pans out. You might think that the bottom is far, far below you when there is a downtrend. You may sell basis that reasoning and the trend may change.

The trend might change anytime without any form of indication, so it's good to keep track of the price move and sell at the right time. As mentioned what we think and the real variation happens in no time, which is the risk with bitcoin. So fixing a target and selling is good rather than expecting uptrend for a long.

crockoo

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Quote from: sikke on May 03, 2017, 07:29:07 AM

Quote from: lumeire on April 25, 2017, 07:52:29 AM

At $1280 / BTC right now, you'll hardly sell at the bottom. Grin

These times are just great for cryto and the blockchain.

Exactly, I dont think why this thread is called like that because the discussion is totally about something different.
In fact, we are already having even higher price. It has reached even 1400 USD so the demand probably is increasing constantly: the Japan society is obtaining bitcoins from cryptocurrency exchanges.
I have heard that many people in there are exchanging their fiats from banks to BTC, to hold them properly without paying any fees, and also to earn the interest.
Im really wondering how exactly it will be adopted in Japan.
It looks like a really interesting idea for me, and I hope that actually there will be a lot of the shops with available BTC as a one of the possibile ways to pay for goods.

If a lot of bitcoins gather, I do not think that there will be a problem to spend it. The main thing is that their value is preserved.

sikke

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Quote from: lumeire on April 25, 2017, 07:52:29 AM

At $1280 / BTC right now, you'll hardly sell at the bottom. Grin

These times are just great for cryto and the blockchain.

Exactly, I dont think why this thread is called like that because the discussion is totally about something different.
In fact, we are already having even higher price. It has reached even 1400 USD so the demand probably is increasing constantly: the Japan society is obtaining bitcoins from cryptocurrency exchanges.
I have heard that many people in there are exchanging their fiats from banks to BTC, to hold them properly without paying any fees, and also to earn the interest.
Im really wondering how exactly it will be adopted in Japan.
It looks like a really interesting idea for me, and I hope that actually there will be a lot of the shops with available BTC as a one of the possibile ways to pay for goods.

aso118

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Quote from: Apened on May 01, 2017, 11:55:15 PM

Quote from: DocGTR on April 28, 2017, 01:34:53 PM

Quote from: Apened on April 28, 2017, 05:52:02 AM

Quote from: cellard on January 12, 2017, 10:47:19 AM

When you decide to sell, be it today or tomorrow or whenever, chances are you will sell at the bottom. This will cause you massive depression, way worse than not selling at the peak to rebuy cheaper.

Buy and hold, or risk selling at the bottom and losing your position. After this dip stabilizes, we are going $2000.

I dont yet decide to sell im just buying when the price were being dump ,buy more until i can .when i have a target price i will only sell some .

I think that many people do exactly the same thing. Each person determines the price at which he is ready to sell his coins.
But selling in a recession is stupid. It is better to wait and sell at a high price

This situation enters the questoin why do you need or the reason for you to sell at that price. If i am i.e. i will sell bitcoins to gain some profit when price dumps .My point is i will sell at high price not at the bottom.

The point is that you don't know how the future pans out. You might think that the bottom is far, far below you when there is a downtrend. You may sell basis that reasoning and the trend may change.

Apened

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Quote from: DocGTR on April 28, 2017, 01:34:53 PM

Quote from: Apened on April 28, 2017, 05:52:02 AM

Quote from: cellard on January 12, 2017, 10:47:19 AM

When you decide to sell, be it today or tomorrow or whenever, chances are you will sell at the bottom. This will cause you massive depression, way worse than not selling at the peak to rebuy cheaper.

Buy and hold, or risk selling at the bottom and losing your position. After this dip stabilizes, we are going $2000.

I dont yet decide to sell im just buying when the price were being dump ,buy more until i can .when i have a target price i will only sell some .

I think that many people do exactly the same thing. Each person determines the price at which he is ready to sell his coins.
But selling in a recession is stupid. It is better to wait and sell at a high price

This situation enters the questoin why do you need or the reason for you to sell at that price. If i am i.e. i will sell bitcoins to gain some profit when price dumps .My point is i will sell at high price not at the bottom.

andrei56

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Quote from: york780 on April 28, 2017, 01:59:32 PM

Every BTC below 10 000 USD is a steal. Cheesy

Lets not kid ourselves, the potential of bitcoin is there but it is only that a potential, until that price materializes then the market value is what determines the price of bitcoin and at this time is nowhere close to being 10000 dollars.

york780

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Every BTC below 10 000 USD is a steal. Cheesy

cabron

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Quote from: DocGTR on April 28, 2017, 01:34:53 PM

Quote from: Apened on April 28, 2017, 05:52:02 AM

Quote from: cellard on January 12, 2017, 10:47:19 AM

When you decide to sell, be it today or tomorrow or whenever, chances are you will sell at the bottom. This will cause you massive depression, way worse than not selling at the peak to rebuy cheaper.

Buy and hold, or risk selling at the bottom and losing your position. After this dip stabilizes, we are going $2000.

I dont yet decide to sell im just buying when the price were being dump ,buy more until i can .when i have a target price i will only sell some .

I think that many people do exactly the same thing. Each person determines the price at which he is ready to sell his coins.
But selling in a recession is stupid. It is better to wait and sell at a high price

I would assume however he sells his coins because he needs money and its just not the best time to hold because he needs to cash out. Which is why investing to bitcoin with just the only money you got isn't recommended plan. You got to have something to support for yourself before spending your money for coins.

DocGTR

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Quote from: Apened on April 28, 2017, 05:52:02 AM

Quote from: cellard on January 12, 2017, 10:47:19 AM

When you decide to sell, be it today or tomorrow or whenever, chances are you will sell at the bottom. This will cause you massive depression, way worse than not selling at the peak to rebuy cheaper.

Buy and hold, or risk selling at the bottom and losing your position. After this dip stabilizes, we are going $2000.

I dont yet decide to sell im just buying when the price were being dump ,buy more until i can .when i have a target price i will only sell some .

I think that many people do exactly the same thing. Each person determines the price at which he is ready to sell his coins.
But selling in a recession is stupid. It is better to wait and sell at a high price

Apened

hero member

Activity: 1386

Merit: 504

Quote from: cellard on January 12, 2017, 10:47:19 AM

When you decide to sell, be it today or tomorrow or whenever, chances are you will sell at the bottom. This will cause you massive depression, way worse than not selling at the peak to rebuy cheaper.

Buy and hold, or risk selling at the bottom and losing your position. After this dip stabilizes, we are going $2000.

I dont yet decide to sell im just buying when the price were being dump ,buy more until i can .when i have a target price i will only sell some .

andrei56

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Activity: 840

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Quote from: manselr on January 12, 2017, 11:24:13 AM

Quote from: LFC_Bitcoin on January 12, 2017, 11:05:16 AM

Quote from: cellard on January 12, 2017, 10:47:19 AM

When you decide to sell, be it today or tomorrow or whenever, chances are you will sell at the bottom. This will cause you massive depression, way worse than not selling at the peak to rebuy cheaper.

Buy and hold, or risk selling at the bottom and losing your position. After this dip stabilizes, we are going $2000.

Hear Hear!

These are cheap coins, everybody should buy whilst they can still afford to.

I agree, but most people act on strong emotions only. The people that don't buy now will not buy because they have a strong feeling of fear. "Oh no, bitcoin is crashing, it's dead!!"

Once we start climbing back to $1000, this same people will go like "oh no, I need to buy quick, it's going to the moon". Then when they finally pull the trigger and buy they will buy at the $3000 peak and cry.

This is why before we being to put money at risk we must read articles, the forum and some books about investment and learn to recognize when we failed to enter in the market and just wait for the next opportunity to profit from the market.

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Quote from: BitHodler on April 25, 2017, 07:15:32 AM

Quote from: Pierre 2 on April 25, 2017, 06:54:03 AM

Every wrong decision comes from panicking in finance.
Dont panic, guys. You will not sell at low. Just be relaxed. Bitcoin is pure bull market.

People panic sell because they invest with money that they can't afford to lose.

It's done to prevent further losses. Funny thing is that when they sell at a loss, instead of cashing out their money completely, they buy back their coins at higher prices not long after that.

They keep repeating selling in panic and buying back at higher prices till they run out of money. I almost feel sorry for these people, almost. After all, it's their own stupidity that leads them to this.

IMO not always like that they usually are panic selling because they catched bad signals in their predictions and so are the opposite for those who buy bitcoin, they think that things go like their way. It's natural because people will follow their own desires.

richardsNY

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Quote from: Noctis Connor on April 25, 2017, 09:46:41 AM

i like selling at bottom and buying when i have money again. bitcoin will never stay on high price it will always have big dump that the thing you must put on your mind always. bitcoin price is not stable as your life bitcoin price is depending on the bigwhales and other traders .

At first I thought you were being sarcastic, till I browsed through your post history -- you're serious, lol. If I was in your position, I would spend some time on improving your phrasing, because it's not looking good at all.

Noctis Connor

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i like selling at bottom and buying when i have money again. bitcoin will never stay on high price it will always have big dump that the thing you must put on your mind always. bitcoin price is not stable as your life bitcoin price is depending on the bigwhales and other traders .

DrGuns4Hands

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When bitcoin reach pretty good price i immediately selling it and buying when the price of bitcoin reach at the bottom as in reach around 600 - 800 $ im gonna buy another good bitcoin and wait till bitcoin price reach again high price . im not doing anything like loans, trading. all im doing is investing and selling bitcoin that's all and now im making money on it.

lumeire

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At $1280 / BTC right now, you'll hardly sell at the bottom. Grin

These times are just great for cryto and the blockchain.

BiTZeD

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Quote from: Pierre 2 on April 25, 2017, 06:54:03 AM

Every wrong decision comes from panicking in finance.
Dont panic, guys. You will not sell at low. Just be relaxed. Bitcoin is pure bull market.

Exactly, a trader is before all someone that can hold his nerves smoothly. Hopefully with bots people do not have this problem ! In any case, I am holding my small pile of bitcoins for the next decade. What people do wrong is to sell become they think that because it is worth less, they lost money, while until they do not sell, they lost nothing.

BitHodler

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Quote from: Pierre 2 on April 25, 2017, 06:54:03 AM

Every wrong decision comes from panicking in finance.
Dont panic, guys. You will not sell at low. Just be relaxed. Bitcoin is pure bull market.

People panic sell because they invest with money that they can't afford to lose.

It's done to prevent further losses. Funny thing is that when they sell at a loss, instead of cashing out their money completely, they buy back their coins at higher prices not long after that.

They keep repeating selling in panic and buying back at higher prices till they run out of money. I almost feel sorry for these people, almost. After all, it's their own stupidity that leads them to this.

nethan1btc

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Quote from: Pierre 2 on April 25, 2017, 06:54:03 AM

Every wrong decision comes from panicking in finance.
Dont panic, guys. You will not sell at low. Just be relaxed. Bitcoin is pure bull market.

Yeah it's an righteous actions to do is to be calm at all decisions you have and if you've happened to sell at the bottom, mqke sure at your next time you won't commit that mistakes again to prevent your self disappointments. Just control your emotions and don't do panic acts which results to panic selling decission, which sadly make you loss your profit. Bitcoin is really un predictable and you couldn't guess what will be happening in the future days that we have in digital currency.

Pierre 2

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Every wrong decision comes from panicking in finance.
Dont panic, guys. You will not sell at low. Just be relaxed. Bitcoin is pure bull market.

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