You'll sell at the bottom - page 4. | Bitcointalksearch.org

ipanks

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Quote from: aardvark15 on January 14, 2017, 10:38:44 PM

Selling at any price is okay as long as you make a profit or you able to buy back in at a lower price later. But it's true that selling after the price drops is not good timing.

i am agree with aardvark15 said, our main purpose in bitcoin trading is to make a profit. if somehow the price is drop, then i am sure that there will be a time for the price to increase and we need to be patience and wait the time is come. but many of us that sell bitcoin when the price is at the bottom and its because they can not hold a moment and they gets panic.

aardvark15

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Selling at any price is okay as long as you make a profit or you able to buy back in at a lower price later. But it's true that selling after the price drops is not good timing.

blackmagician

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Quote from: iTradeChips on January 12, 2017, 02:20:49 PM

i was able to sell some around 1100. now its slowly moving back up. im looking for a good exit price of my remaining coins. what do you think guys? 1500?

Could happen as long as there is no selling and only holding for a bigger price,if thats happen bitcoin will be back to retain its 1150$ price and could rise up and achieve the 2000$ price maybe this year.

jakelyson

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Newbies are the ones who will sell when the price is going down. They have weak hands and they get easily scared. They'll think that bitcoin has become worthless and they will sell to save some of their investments. But what we really should do is hold or even buy more bitcoins when the price is dropping. Seasoned bitcoiners know this.

Kprawn

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I always think about that "Magic number" where most people will start selling. How many people will still own 1 bitcoin when the price hits

say, $10 000 per Bitcoin? The greed within all of us, will kick in at some point and then people will start dumping coins. If we see those kind

of prices, only the super rich would own whole bitcoins. {$ 100 000 per bitcoin} ....because most people would have sold, way before that

time. It will take a lot of discipline not to sell, when prices goes crazy like that. Cool

cellard

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You know that if you sell now, you'll have that feeling in the back of your mind that is telling you "you are selling at the bottom, 700 was the god damn bottom, we are already recovering up to 1000+".

This mindset is in a lot of people's mind, and this is what will trigger the next rise. We will not go below 700, it is what it is.

yugo23

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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.

Ahahah xD

Well i'm not so sure about the "buy" part. The best for me is to separate fiat and btc.
Fiat = what you use and need on your daily life and what you earn as a wage
BTC= what you earn from shady deals online (at least for me :3)

Don't mix the two. You'll nearly always finished depressed if you do!

BitcoinBarrel

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Fill Your Barrel with Bitcoins!

Quote from: iTradeChips on January 12, 2017, 02:20:49 PM

i was able to sell some around 1100. now its slowly moving back up. im looking for a good exit price of my remaining coins. what do you think guys? 1500?

$10,000

iTradeChips

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i was able to sell some around 1100. now its slowly moving back up. im looking for a good exit price of my remaining coins. what do you think guys? 1500?

Stedsm

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Bitcoins' beauty is its liquidity only, and that even gives bottom level sellers a chance, at least once in a blue moon when the price incidentally falls down too much and it really does happen sometimes. This gives an opportunity to everyone, so instead of crying, we should look for it and grab it when we get it.

lite

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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'm not gonna sell cheap lol. wish i had some dollars to buy cheap coins.
Well, i'll be selling my coins at $2000 or even at $1500. Grin

Karartma1

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Quote from: rogerwilco on January 12, 2017, 11:47:26 AM

Emotionally, I'm worried and scared. But I know not to make financial decisions off that.

I'm just waiting this one out to see what happens. I may not be smart enough to sell at the top yet, but at least I'm not dumb enough to sell at the bottom.

Bitcoin has been, is and will always be my wisest financial store of value. I would have never believed something could have been possible but I've always dreamt of it.
Don't be worried Wink

Bitcoin will die many times before its death.

Denker

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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.

Yepp I back that!
I highly believe we won't see another 2014.
Of course I could be wrong with my assumption, but you can be sure when it happens again I will buy even moar cheaper coins as well and as much as I can.
Imo we are much more solid in terms of the whole crypto ecosystem,due to injected venture capital, growing user base, more media attention and reports, number of exchanges, constant progress of technological development etc. The fundamentals are looking really good.

rogerwilco

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Emotionally, I'm worried and scared. But I know not to make financial decisions off that.

I'm just waiting this one out to see what happens. I may not be smart enough to sell at the top yet, but at least I'm not dumb enough to sell at the bottom.

BitcoinHodler

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HODLing is an art, not just a word...

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 have been always telling people for years that they have to make up their minds before going in. before wasting their money by investing in bitcoin and be scared all the time.

you either have to be a day trader or a long term hodler.
make up your mind before buying.

if you are a day trader then you have to be able to analyze the market every second, and make decisions every second and be successful.

if you are a long term hodler then close the damn price reporting sites like preev,... and keep hodling for years not for weeks.

manselr

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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.

LFC_Bitcoin

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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.

cellard

legendary

Activity: 1372

Merit: 1252

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.

Topic: You'll sell at the bottom - page 4. (Read 3659 times)