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Topic: You'll sell at the bottom - page 2. (Read 3659 times)

sr. member
Activity: 392
Merit: 250
April 25, 2017, 03:09:21 AM
#58
i sold quite a few at 1200 - and tried to buy back in at 898, i got a fraction back (less than 1) before we were back up at 1190+

now im sad i even sold in the first place..


We have all been trough this. I fear the day that it blinds us to become a permaholder. This is why your enty price is important. It means that BTC is allowed to dump bigtime without making you any losses on long term. 
legendary
Activity: 1848
Merit: 1001
April 25, 2017, 01:04:01 AM
#57
i sold quite a few at 1200 - and tried to buy back in at 898, i got a fraction back (less than 1) before we were back up at 1190+

now im sad i even sold in the first place..

sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
April 24, 2017, 10:36:20 PM
#56
People are going for 2000$,well it would be achieved by the end of august.You should hope that the price of bitcoins would reach upto 3000$ by the end of this year and then you sell all the bitcoins,which will be profitable for you.
Anything is possible with bitcoin, but to be true $3000 seems something a much increased value, but the same was mentioned by enthusiasts if bitcoin has got etf approval. Let's hope to see the best price as the days of technology issues have getting close to a conclusion level.
full member
Activity: 266
Merit: 100
April 24, 2017, 10:30:28 PM
#55
People are going for 2000$,well it would be achieved by the end of august.You should hope that the price of bitcoins would reach upto 3000$ by the end of this year and then you sell all the bitcoins,which will be profitable for you.
legendary
Activity: 1386
Merit: 1058
January 24, 2017, 06:32:51 AM
#54
Buy and hold, or risk selling at the bottom and losing your position.  After this dip stabilizes, we are going $2000.
This is true and i think the one who get panic on dumps gonna loss big and will blame bitcoin volatility for their loss  Grin
Dumps are actually opportunity to buy cheap bitcoins  Wink
Yes, getting panic will collapse the possibilities of earning big. We need to stick within plan to ignore the volatility.
I guess the traders who got panic in recent fall down will start booking profits when bitcoin again tests $1000 or $1100 levels. But, with that rally bitcoin may reach $!500 or $2000 also. This way, selling at bottom may happen in rally too.
newbie
Activity: 16
Merit: 0
January 23, 2017, 08:42:28 PM
#53
Just accumulate 10-100btc and come back in 10 years to check the price.
legendary
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
January 23, 2017, 08:17:44 PM
#52
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.

If you do want to exit, sell a portion of your coins at regular intervals. You will average out your selling price then.
If you are a long-term investor, don't try to time the market by selling and then trying to buy bitcoins, Just hold.
legendary
Activity: 2170
Merit: 1427
January 23, 2017, 07:28:25 PM
#51
Yes, some blame bitcoin for things that are their own mistakes if you buy at the top of a bubble that is your fault not bitcoin, use the volatility to your advantage and you can get some easy earnings.

The problem with a lot people here is that they take opposite actions (e.g. sell when the price goes down, buy when the price goes up, etc). Another thing is that they gain confidence when the price is sharply increasing, where they mostly buy in panic, and that mostly also happens to be close to the top price. It's just blindly buying a.k.a gambling in the hope that the price goes up further, but they of course don't see it like that. And yes, as always, it's Bitcoin and the manipulation that receives the blame. These people should stay far away from trading Bitcoin as it is for their own safety that they quit. But then again, the losses from these people land into the hands of a few smarter traders.
legendary
Activity: 2534
Merit: 1338
January 23, 2017, 05:23:05 PM
#50
Buy and hold, or risk selling at the bottom and losing your position.  After this dip stabilizes, we are going $2000.
This is true and i think the one who get panic on dumps gonna loss big and will blame bitcoin volatility for their loss  Grin
Dumps are actually opportunity to buy cheap bitcoins  Wink
Yes, some blame bitcoin for things that are their own mistakes if you buy at the top of a bubble that is your fault not bitcoin, use the volatility to your advantage and you can get some easy earnings.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
January 22, 2017, 10:43:29 AM
#49
Buy and hold, or risk selling at the bottom and losing your position.  After this dip stabilizes, we are going $2000.
This is true and i think the one who get panic on dumps gonna loss big and will blame bitcoin volatility for their loss  Grin
Dumps are actually opportunity to buy cheap bitcoins  Wink

For bitcoins, take my advice, Do not sell at the bottom ever. Bitcoin will always go up in every situations no matter what happens. If you don't have trust and dump, then the person buying at that dump will be lucky to buy it as cheap rates and earn a lot on the next bitcoin pump.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
January 21, 2017, 12:25:19 PM
#48
People think that we are losing money, but all bitcoiners are buying on the bottom, future is ours

The price is on the rise again, this time, I think it's gonna level out at above $1000. Good times ahead of us.  Wink
hero member
Activity: 490
Merit: 500
January 21, 2017, 10:54:51 AM
#47
People who have long been in the market know a lot of manipulation techniques and, as long as there is the possibility of profiting from it, they will continue to use such tactics. That's the reason why it is not recommended to trade at or near the bottom price.

If you want to continue in this market, listen to the advice of experienced people, and collect every information you need to make the best decisions.
legendary
Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
January 21, 2017, 08:44:17 AM
#46
People think that we are losing money, but all bitcoiners are buying on the bottom, future is ours
hero member
Activity: 658
Merit: 505
January 21, 2017, 08:36:18 AM
#45
To sell or to hold it's not an easy decision, especialy when price is droping fast. But unless you are selling realy big amount of bitcoins this shouldn't be taken so tragicly. Mistakes are always possible and sometimes you will make the wrong decision about selling or holding. But after rain there comes the sun and so after dump there will be pump again.
hero member
Activity: 1190
Merit: 511
January 21, 2017, 06:45:46 AM
#44
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.

We know that bitcoin price will rise without knowing how much it can be reach in the future, 1-5-10-20-50 years later.
I am sure bitcoin won't vanish and still be number one of all cryptocurrencies, but how about us? How much bitcoin I will hold and still save in my wallet until those time will be matter. I don't want to regret to sell my bitcoin at the bottom.
Bitcoin will never vanish that is an assurance because bitcoin is well established and we do have a great blockchain one of the best innovation in the world. So, if you want to buy now don't ever double think or else you'll regret it from the rest of your life.
hero member
Activity: 798
Merit: 506
January 21, 2017, 06:39:32 AM
#43
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.

We know that bitcoin price will rise without knowing how much it can be reach in the future, 1-5-10-20-50 years later.
I am sure bitcoin won't vanish and still be number one of all cryptocurrencies, but how about us? How much bitcoin I will hold and still save in my wallet until those time will be matter. I don't want to regret to sell my bitcoin at the bottom.
legendary
Activity: 2534
Merit: 1338
January 21, 2017, 02:31:06 AM
#42
Not always people sell when the price hits high and not always they buy when it's low. You can't advice people to hold it as this would be their individual decision, a decision that they have to make considering various factors like, do they need to cash in, should they wait longer for profits, it's really a big call and it's not easy to make such decisions, it's best left for them to decide.
Not always, but when there are very clear signal of what is going to happen like in a bubble, then selling at the top and buying again when the rice gets lower is a very easy way to get some easy profits.
legendary
Activity: 1120
Merit: 1008
CryptoTalk.Org - Get Paid for every Post!
January 19, 2017, 06:53:30 AM
#41
Buy and hold, or risk selling at the bottom and losing your position.  After this dip stabilizes, we are going $2000.
This is true and i think the one who get panic on dumps gonna loss big and will blame bitcoin volatility for their loss  Grin
Dumps are actually opportunity to buy cheap bitcoins  Wink
hero member
Activity: 2646
Merit: 686
January 19, 2017, 06:35:26 AM
#40
Not always people sell when the price hits high and not always they buy when it's low. You can't advice people to hold it as this would be their individual decision, a decision that they have to make considering various factors like, do they need to cash in, should they wait longer for profits, it's really a big call and it's not easy to make such decisions, it's best left for them to decide.
hero member
Activity: 1918
Merit: 564
January 19, 2017, 06:29:36 AM
#39
probably not. Tongue because new bitcoin panic buying wave is arriving from China if that region is being tagged as currency controller (kinda).
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.

What do you mean? ... Mmm there are only two kind of traders, daytraders who need to be in front of the prices all day and long time investors who only need to invest big, wait some months and see their coins multiply without doing anything.
let's see if they do something epic. Roll Eyes
Who?  If it is the long time holder, well I think they already did something epic, by holding Bitcoin until the time Bitcoin reach $1k+.  Remember those who hold Bitcoin after they bought it at less than $10?  I think history have the capability to repeat itself.  Just like the Bubble of 2013 and the price surge of 2016.  Though they have different base price when they burst.

if you wanna know who, i would think chinese people would do, because chinese government as i had told (if you know) had attempted to make overwhelmed selling of the CNY illegal at one point, and now forcing people to buy CNY, as well as constraining the capital flow to prevent their currency vault (similar name but i don't know) going empty.

Yeah I agree Chinese government is known for its epic anti-bitcoin announcement that cause Bitcoin price to plummet down to sub $800, lucky the price recovers fast and is now fluctuating between $850 - $920 range.
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