Bitcoin Forum

Ok so I currently have 15,000 TRX which I bought when it was at its highest.. Now the net cost is $2.5k but the current value is $900. If I sell my 15k at 900 and buy back my 15k tokens at 0.06 shouldnt I make a faster profit than waiting till the token hits 20c?

If you are 100% sure that your next investment will give you fast profits - sell and make profits with another crypto. If you don't sure - hold, don't sell!

Can be done, we sell altcoin the purchase price of altcoin. We slam the price in order to buy altcoin with new price. With consequences willing to accept loss.
In the hope of reimbursing profits from the new price altcoins.

Exactly. Good advise would be to only sell when you absolutely need to. Crypto is a sure win if you play long term. Just look at all those bitcoin holders who simply forgot about their coins. Those who just held are filthy rich now compared to those who actively checked the price and ended up selling prematurely.

The choice is in your hand
calculate which one is what you want
if it is a cut loss and then buy below you get a profit then do it with a calculated risk worth it
if you do not dare to do it then re invest the best way while waiting for the price back to normal again

indeed a difficult choice for me

Correct me if I'm wrong..

If I sell 15k @ 0.06 = $966 with a loss of $1,566

If I buy back 15K TRX @ 0.06 = $996

Now lets say it goes up to the price I bought TRX which is 0.22c = approx. $3K

If you deduct 3k from the loss of $ 1,566 =  $1,434

It would need to go up to 9c to start making a profit compared to waiting for more than double the value of the coin to make a profit.

I think that it is not the time to cut loses. Just wait and hold. May be it takes few weeks, may be few months or may be year, but you will get profit anyway. To cut loses now it is the most stupid thing.

In this business, we are all have a freedom of choice, on which we used our good knowledge and idea, because we are all here joins crypto business in order to earn more money, but sometimes when we try to invest, there are some aspects which we are about to consider to avoid failure of income, but we must accept the reality that not all the time that we are always gaining, we consider also some failure and losses.

Do not rush in cut losses unless you need the cash instantly
My girlfriend also got FUD when she invested Ethereum at High price when I told her not to.

She keeps having issue of want to sell and buy other coins but I told her just have faith and wait

Now she is rather happy listening to me

Sometimes selling it and buying other coins might not even cover your losses unless that coin moons instantly

The only thing that comforts the person is that the new coin rises but truth is you already lose cash

If you are in dilemma. You can get a win-win position. Sell some portion of TRX coins and buy other coins that you are sure will rise in prices. However, TRX is not a bad coin, and is rising in prices. I have also 12,000 TRX, and do not have any plan to sell it. I am sure it will go up in prices, and yield more profit for me.

Why cut losses and re-invest? I don't recommend doing that, but that's your investment, cryptocurrency marketcap already increase to $425B, just holding your tokens and wait for profit earning, remember crypto long term invest sure earn more profit than short term

Sometimes you have to short, sometimes a project change for the worse or it's financially needed

Are you sure the project behind that coin is good if yes then go ahead. If no then you should sell it and buy other coin that developed by skilled and honest people. I also suggest you to diversify your capital so you will not loss all of your money if one of project that you invest is fail.

I think selling now can be risky, if you have some spare funds try to buy some more trx from the bottom, this will give you overall better average and a chance to break even and profit earlier.

Yes it depends on which project you are going to invest, but now the market is growing so my suggestion is to wait for some time you may sell your coins for a high price in coming days. If you have a proper plan and have confidence that you can earn money in short time then go ahead.

Hi, I would never recommend you to cut your losses because you don`t know the future of TRX coin if it will be going more down from noon or not! If the coin is good with good concept and team behind  - sooner or later it will come back to the highest point where you have bought it and I am sure that TRX has a very good potential of growth and this potential will be revealed in 2018. So It is only a matter of being patient and waiting. Hope you will follow my advice!

There is no easy answer for you obv. But MOST important questions you should answer to yourself:

• why did I bought at the highs?
• how to prevent this in the future?
• how to study the market for the more accurate analysis?
• how to change your strategy over time based on market changes?

When you answer to this honestly you will become a lot more successfull in the cryptocurrency market.

Why do you want to cut loss right now instead of a few months / weeks ago?It's not recommened to cut loss now because the market already starting to recover and the sentiment is getting better. you can't predict the future either so you won't know when the price will go up or down and you can loss more than right now.

Great ideas. It is a matter of analyzing market situation. Why should you proceed your investment if it is still for losing. Make dip analysis in the market place of which potential altcoin to re-invest, then make selling for fast profits to earned and to recovered the losses of premature investment as well.

You can imagine that right now but the actual thing is the hardest part. I did the same error for investing to TRX at its highest but luckily I invested few mbtc's with it. Unlike yours that you are totally bought up with the hype that was well done by the marketing of Justin Sun. This is quite risky but if you are in a rush of recovering your losses, take the risk and don't blame others if the situation gets worse. Basically if I'm recovering losses through cutting it first, I'm good with a 10% loss but with your situation it's hard for me to assess.

It just like a very big decision i suppose, When you are cutloss your investment and you will have missed the chance to get back your initial ROI again. It will be the same and never try to do that unless you are interesting to move your portfolio to another promising altcoin to recover your loses as fast as possible. The result will be the same if you are not cutloss your investment.

I think it is too late to cut losses now since you should cut losses a few months ago and reinvest again by buying the dip. Personally, I think it is ok to reinvest in better altcoins now but it is not the best choice.

Many novice investors make the same mistake. First of all, we must not forget about the distribution of risks, we need to allocate capital between different assets. And if any of the coins falls into a similar situation, the first thing you should not do is to sell at a loss. Many investors bought coins when they were expensive and then sold when they went down in price. That's not why you came to the market. Need to learn to wait

Thats worst decision anyone can make on the TRX. I mean come on dude that coin has shown artificial pumps and nothing else. Remember last time when they made NET release announcement then also the coin did not move a bit and how do you believe that it will move to 20c in anyway?

Thats your hog in cog chance and its one way ticket. You could end up hitting the worst investment decision if something goes wrong with it. TRX is not worth coin to do things like that. I mean I wouldn't do that. If I were you then I will try to reach 20c with whatever you have got right now and just pull back my investment from this coin.

I don't really know about trx, so I don't know about the value of the current price. actually you can buy in a few weeks ago when the price dropped low. yes, you can do it to cover the losses resulting from the first investment.
or maybe you can find another alternative by buying another altcoin. there are plenty of cheap altcoins that can bring in profits by the end of the year. I suggest, when you want to try to take speculation in the investment. you should try to track about the altcoin, from the telegram line and some of its information.

Maybe your right on what you're doing, if you think is the best way for for it. But make sure that when you re invest you will gain what you loose or either doble it.

if you have good speculation and can accept loss. it could be an option to recover your losses. but if you only have the desire and don't dare to execute, you should hold until the price returns. I have faith. TRX will return to the high price. because this is a good coin.

is there no other option? I personally prefer to re invest  and will not cut losses (except for financial needs). but everyone has different opinions and investment strategies, make the decision that you think is best.

Yes its right, many investments falls down because of fast decision and they not sure if thier next investment will give a profit so before proceeding in next investment make it sure that it can give you a profit.

Well it depends on if you think you would make money from cutting your losses and re-investing the money. The whole point of being an investor in the first place is to make money which means that any way you make the most money, is the way you should use.

If you have invested better not try to speculate on the price and leave everything as is and just wait. If you are want to trade, you need to close the loss positions as soon as possible

Every decision is in effect a more or less educated guess based on how you think the market will move. If you are confident that you can time price moves correctly in order to make profit, then go for it. But it can be risky. There is no decision in crypto that gives reward for no risk.

it is a strategy that is not right for me, it is cutting losses after you get a decent price from a previous purchase, by selling your coin and then picking another coin that does not know the coin fate you choose is at risk of getting a loss for you, so my advice now is holding all the coins you own because it will greatly benefit you and earn some profit, if the token tends to get a continuous increase it will be very potential to keep going up and what you say it will be very unusual for a few more months.

TRX is not worthy project to invest in and you already had $2,500 bucks in it, thats surprising. I am not trying to demotivate you or something similar but I would just say that you should get your investment back from this coin and re-inevst into different coin really.

The reason is simple, TRX is being played for the pump and dumps recently. The last times ATH was also as result of too much hype of this coin and nothing else. No real or concrete development going on recently. This is flashing more fishy as we move further with this coin. The coin is just getting hyped for the news like whether TRX is good coin or not but there is no real investment going on for this coin! So beware.

I suggest that you should get your profit and make your money roll from other coins, but if you have the trust to it then I don't mind. You'll cut losses if it doesn't reach 20c, however, the market is now greeny but I don't think of what kind of strategy you are using, but when it's time to sell then sell, if you want to HODL THEN HODL. Re invest if it goes down again and sell if it increase to make some little profit out of it.

There's no a safe way to save money on cryptocurrency even if it's stored in bitcoin, that's really no safe. Pump and dump is a false strategy that we will never know, no one knows it will come true.

It would be a little safer if we invested in the coin that we had previously analysts. So with any negative comments or positive comments on the coins we hold, we will not be affected.

Believe in the decision you have decided, ignore the chirp about the negative comments that you see, it's not good for you to input in your trading or investment strategy.

And you need to know TRX is a good coin, hold or buyback if you sell now.

dont sell it, the price of trx now is increasing, you must believe on your investment. as long as you dont get a profit or at least get your investment back dont sell your token.

I don't see any point of buying TRX at its current price. Had you thought about this almost a month ago, you would have recovered almost 50% of your losses. This coin was heavily pumped and even during crisis it was the only coin to be green. I think you have already missed out on a golden opportunity to recover your money from this coin. If you want to cut your losses, you should look for a different currency now. TRX is not going to be of much help.

and yet I'm beginning to make sure that even if you decide to make money on investments, you still need to keep everything under control. Almost all activities will be similar to trade. Therefore, it is better to invest funds at the ico stage of companies, and in the rest of the time to trade.

I honestly cannot tell you what to do because I do not want to be held accountable for your losses if I
ever make a wrong advice. But if it were me though, I really will not sell since it is too risky to sell because
prices can change drastically depending on the demand and the whales. But if you're so sure about it, why
not? Just make sure you know what you are doing.

I think it's not worth waiting for 20 seconds, this may soon not be, it all depends on the situation with the news about the crypto currency. 10 s is already good.

If you thought or someone help you with chart analysis show TRX will be low more, i think you should to sell and buy back in low price than now  ;)

Don't do it yet.

Why ? It was because the market continue growing in a slowly process. As you can see. All altcoins start gaining their value. Like Ethereum, Bitcoin, IOST, etc...
The best you can do at this matter is wait for it peak. And sell them.
Now that are market growing steadily, soon or later, your investment will be back and you could probably make some profit too.
So be patient.

Always remember this. "Why did I invest ? ". " What is my goal why I invest ? ". Like that. So, be tough and wait more.

I do not like TRON, so I do not know what you should do, but you can invest into another altcoin which provides more stable investment.

First of all, you entered the TRX market when it was pumping badly and you made a bad choice there. Here it seems like you bought TRX when it was all time high near $0.17 and now the current value of TRX is 0.069 which is nearly half. There are two thing you can do either either wit for market to reach the high point again or sell half of the coins when it falls badly. At the present situation TRX is already pumped and so is market which does not the best time to try buy back. So, you really need to have patience or prepare to face loss on your investment.

You should be considering putting in new money into cryptocurrencies and into a different project.  Never put all your money into a single investment, if it doesn't work out you end up putting yourself against a wall.  I wouldn't sell anything at a loss.  I would be buying more of it and others.

The tricky thing about these altcoins is you may never know what will happen next, they are unpredictable and risky and that is why people are so hesitant to invest in, if you are sure about your strategy, like if you know that the price of the token is going to fall than do it, but maybe as soon as you take them out the price starts going up again and then what, what will i don in your case is take those tokens split them in half sell one half and keep the other, it might not be the best option but at least it is less risky.

I think that if you do not have the experience of trading, then I think it is better for you to save these coins for a long-term and in the future to sell them at a higher price. Of course you can sell your coins already, if you really need money!

so when you bought your coin, of course you had some price in you had what this coins value will be set in the future, so if you think it can still hit the pirce you tought about in the past just hold it

With the Price being at 10c and I have part of my Tron investment bought at 4c should I sell them and reinvest or just hold?

if the reason why you bought trx still applies, then don't get manipulated by lower prices and stick to your original plans. If something serious happened and you don't trust the project anymore, I would reinvest

indeed the reality is not as we had hoped before. when we want to hold it first, but the circumstances in our lives need money to be in use immediately, so we have to sell it first, even though the price is not good

in my opinion i'll Choose HOLD! because re invest it's bad option.
if you ask me to choose between Cut losses or re invest i'll answer cut losses to invest another coin.

In cases like this, the obvious answer is to hold till you get at least to your entry price.
You are fortunate because you invested in a strong coin with a big future and I believe that if you will have patience you will get your money back and some nice profit.
We all had experienced losses in this period and those who will have the guts to hold will be those who will get through this period with success.
These are the times where experience says it a word.

If you have other plans and you are really sure in the move that you will make then sell your coins then and start your trade specially if you know what you are doing. I would highly recommend to think about it carefully and make strategies for you next move. If it goes well the you can get back your capital when you bought your crypto when it was in its highest.

I think that would b a rush decision to make if you simply cut the losses and sell, not all coins will be stable for ever, there is always a time when the value decrease, now if you wait a little longer, you might get the chance to make something off it, But if you are certain of your next investment then go ahead and sell.

you can sell those if you want, but Im sure you will just regret it like I did, I have a lot of TRX last november, and Im eager to sell it immediately because its price is too low, but after a month, its price is starting to increase slowly, until it reach its all time high price. I regret every actions I did that time, so think twice before you make a move.

I believe that it is worthwhile to wait until the bull market - there is a possibility that the price tag will touch the previous top, and you will sell everything

Which if you want a lot of luck at least you have to hold and hold your coins, making it a long-term investment. Do not be too hasty to think of cutting losses unless you really are in a needy position and need money for necessities.

It is a good thing to cut your losses and reinvest but what I ask myself is what  if I cut my losses and sell to wait for the market to go down before buying back in again, what if the market keeps going up and I just keep missing out. What ever works for you though is what you should do and if this is it, then do it.

In investment requires patience, now almost all markets are at a low price, wait until the market recovers. However, if you are 100% sure to do so at the risk of loss, why not? which obviously you should be more precise in choosing not to lose a second time.

I do not think what you want to do is a good  strategy , 80% of alts have lost value after the bull run. My advise is look for more funds and buy the dip so that you will easily reduce your entry point.

You shouldn't have bought it at its highest price because you would really have a hard time trying to make a profit from it and more if you decided to cut your loss to reinvest to other altcoin. Just wait for it to recover then start a new investment, this time choose a better altcoin.

I don't know why people always behave this way, there is difference between investing and trading, if you are investing into Tronx just keep it long term but if you were trading and the price dumped on you, then you should have include sell limit. One thing I see in the space now is that alot of people are gambling with their money instead of investing

if you are sure that's will be rise again just do it. but if not, Just wait and hold. Maybe it takes few weeks, maybe few months or maybe a year, but you will get profit anyway.

if you want to re-invest, you can sell your tokens, but its hard if its price will pump. for sure, you will regret your decision, its better if you just hold it, and have another capital to invest for another altcoins.

Yes, sometimes this is a good strategy when you need to fix the losses and start investing from the very beginning and again look for a good time to enter the market.

You don't know how the price will move on. It all depends on chance. So you either earn or lose money.

That is not a bad idea really, if you have lost 40% you can still recover, but if you hodl to death and have even more losses, then you will never be back on your feet. Your choice.

In my way of thinking, ''cutting losses'' would be just ''panic sells''in this term, and this kind of sellings never bring you profit. In my opinion, holding is the best choice for this term, if you have coins or tokens.

Can be done, we sell altcoin the purchase price of altcoin. We slam the price in order to buy altcoin with new price. With consequences willing to accept loss.
In the hope of reimbursing profits from the new price altcoins.

That might be a good idea, selling tokens to cut bigger losses and reinvest while the price is very low. But when you are dumping, the price will drop and what if the price will not recover? You will lose bigger money because you invested twice.

I think you should back up if you have more capital to get a lower average price.
So if you buy it in 800 sats and backup it 400 sats, then you can sell the coin above 600 sats. Do not waste your money.