Got in at the height of Jan this year and all holdings lost more than half from the previous peak.
Very frustrated and was afraid that crypto will be zeroed out, so sold at massive loss more than 50%+ realized loss
After sold last week, all coins came back up 10-20%, even more frustrated, what to do?
All mistakes are made by you, and you decide to sell them before the market is over because you fear it will continue to fall. It is the psychology of all new investors when it comes down, and I advise you not to sell the Altcoin you own until you get a profit from it. Well if you've sold everything already, then it's a bitter lesson that you have to swallow. That's why the only time you really are at a loss is when you sell at a loss. You remove all chances of recovering. If you still have it for crypto, then you can use that lesson for your future trades |
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Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
Don't ever do that. That is usual mindset of a trader that always panic. You want to start new again but you also can't guarantee that the coin you will buy will blow up so stay on your coins and believe in them. That strategy works if you can make even small profit from most of the coins you're going to deal with. If i were you, if you'vr lost quite a lot alreadt better stay relaxed and hold whatever you have there and wait for the market to recover because eventually, it will recover. Like now, some coins are already showing signs of lifr after a long while. Patience will get you far in crypto |
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This exchange died last year, when it began blocking users and not giving money.
I'm even glad that I did not use it.
Is it truly dead? I never liked the exchange. Its problem started when it made accessibility difficult and selective of browser. It was really difficult. Even with that, it will log one out just like that. Well i'm not really sure since so far, my account there has been fully accrssibl. I even have etc and digibytes stored in the wallets from them. Probably for some people but for me, not dead yet. |
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I think this decision really depends on what kind of man you are. If you are making more with crypto than your daily job it's a good decision to leave.
This is not a good idea. Leaving your job will deprive you of your monthly income. You can really use that income to meet your needs and treat the trading in part time. This will enable you to hold your Bitcoin for long time which proves profitable in the end. If you can manage both, you are better off. If you cannot, and you are a sharp guy, you can do well in trading as well but there is a constant uncertainty in the Bitcoin market. Yeah that's right. Having a stable both enables you to have money to spend to support your lifestyle and avoid spending your btcs and other alts as well which may one day, be able to make you rich. Shirt term or long term, it's always better if you have a primary source of income that's constant |
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As every one knows Crypto currencies is changing the world so why not i encourage my family member or close friend also change his/her life with crypto currencies. so must teach and convey the best and easy way of income to your F&F.
Well as high as crypto's popularity grows, there have also been a lot of scams centered on bitcoin that has made a lot of people lose money. And sadly these instances make more rounds in the news than positive ones so many people see bitcoin in a negativr light. I don't encourage people to invest but i'm well open to makig them understand how it works |
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No matter how down is market now, there is no point of doing selling of tokens/bitcoin/altcoins right now. If we want to have bigger profit, we need to keep HOLDLING no matter what. We don't know until when will this market be like this, there is no exact time but we should learn how to be patient, that is the only key to earn bigger profit that will lead us to success.
I remember sometimes last year when the market got beaten down seriously and I bought doge at 30sats and it got drained up to 14sats, I held and when the market recovered, doge hit above 100sats and anyone can do the calculation. That is always the value of hodling and buying more during the dips, at least it would be more like buying marginally. As long as people keep that in mind as long as they have been holding during the dip, they would be fine. Holding always pays you off. And especially if you are holding the coins that have much bigger values. They will never come to give you big profits if you don’t have confidence in them. Like bitcoins, if someone is enough confident on these and hold his coin for longer times, definitely he will be getting much bigger profits at the end of day. You can’t just waste up the whole amount but doing day trading. Well the thing is, nit everyone has the luxury of time and holding for a long time can't be a part of their plans. Sometimes you have to still react to how the market moves if you can't afford to hodl like others. |
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Now bitcoin and eth price is increasing.Is it right time to sell my eth as the price is a bit pump or I just hold it for further increase.Please give help me by giving your opinions.
yes ,, all the coin prices are now starting to rise slowly. I guess I prefer to hold the ethereum rather than sell. ethereum has touched more than $ 1k and now the price of ethereum goes down to $ 500. why not wait for prices to rise higher than sell now...that can make valuable our asset. Well if you're in profit already and you're holding a lot of eth, then i think selling a few wouldn't be a bad idea with the intent of buying back when a correction takes place. Eth is for long term holding same as btc since it's value may well go way up in the future. |
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Everything in moderation including moderation. You don't need to quit Facebook just don't obsess. If you fancy a good Facebook stalk of someone every once in a while why not just don't do it all the time. Moderation
Well if you look at the news, you d probably find another reason to quit facebook. This privacy breach is a big issue and even mark suckerberg is left simply apologizing for what happened. A lot of celebrities, including elon musk is said to have disabled their facebook accounts already |
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I will just say that one of the competing teams will stay out of Playoffs. And it will be loser of the match between Wolves and Nuggets.
GSW against SPURS, I hope that both Curry and Kawhi would play for the 1st round! Can't wait for the POs to start! I believe that both Kawhi and Curry will not gonna play on the first round. But I believe that GSW can still go to the Eastern finals without Curry since they are solid team and not relying only on steph. There other players that can cover the role of curry. In terms of Spurs, They are strong too but they are just in bad luck since they will be facing GSW in first round.  In most playoff scenario, gs will steamroll any number 7 team even without steph since they're still stacked with durant leading. But with the spurs being number 7, i think steve kerr would've preferred to have faced number 6 or 5. Of course kahwi is a big loss, but if ypu have someone who can run around those losses and come up with a potent alternative, it's popovich |
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Although the current depression in Bitcoin price has lasted for a few months, and nobody was expecting the correction to last for this long it does look to have stabilised now. The most prudent policy is to stagger your purchases over time with regular investments to benefit the most from a good average price.
Right. That's one of the best things to do right now. If you still believe in btc, do averaging. Buy little specks everytime the price drops. In the long run, these people will be the ones enjoying big profits when null season starts. |
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Currently, bitcoin prices have dropped very low and make some people lose half their assets, but do not worry because falling prices are normal even this is your chance to buy bitcoin at a cheap price then hold and wait as bitcoin prices will surely rise again
Yes some traders loses a lot because of this falling market and down of bitcoin price.Actually falling is not a bad thing at all because we see this also as opportunity to buy back such of good value. Good value due to it will increase so means we can earned a profitable value at a later time. And it takes you back to reality. The december pump placed a lot of people into a false cloud nine and they believed that btc is invincible then. A price drop just slapped a lot of people with a reality check about btc and crypto's volatility. |
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Finally ties have turned I guess. It was very quickly corrected but anyways we finally see bullish type of action after very very long time. This is good news for many investors. I hope that summer will be lot more interesting.
Well don't get your hopes up too high just yet dude. There would probably be a lot of people who've become tired of a red market and would sell off once they see this lol. I think btc is already below 8k now  keep calm man |
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Bitcoin will still exceed it's 2017 high. I do not have any data to support this belief, but bitcoin has continued to defy the odds. I strongly believe that it may even get to $50k one of these days. $0 to $21k was not on anyone's radar yet it happened. $21k to $50k can readily be achieved.
Bitcoin has surpassed everything we could have imagined and every single prediction that we could have made, at the very same time it is difficult to think that bitcoin is going to reach such a high price in such a short amount of time especially when people are afraid to invest in cryptocurrencies after the crash. Agree. Bitcoin is going to exceed the 20k expectation but of course it won't ever happen in just a span of 1 day. Just like how long we are waiting to hold our coins, it also takes time for bitcoin to reach an expected value in just short time. Everything happens in a process and of course there are factors that has to be considered to attain that amount. Bitcoin has to undergo changes in price, low and high. Lol defying the odds indeed. Not many people believed it could go below 10k after hitting 20last december but here we are now but i don't think also that 20k is btc's peak. If anything, it's nowhere close to that. We just don't know when that will happen when btc will hit it's actual peak |
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Is it time to shine to get bitcoin. more falls? I want to sell the house car and buy bitcoin  I hope you were joking and you were not serious at all. Nobody should sell anything (especially real estate and vehicles) to invest in Bitcoin. You can lose everything. Lol. By all means! Lessons are learned from mistakes and bigger mistakes provide harder leassons that pretty much will make you a better decision maker in the future. Obviously what you're planning, if you're serious about it, isn't something that a normal person would think of. You have to be prepared though to live in the streets if things go wrong |
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I think there's going to be a big bounce, because the whole market is going down.
But I think the downward trend is coming to an end and there is going to be a big rebound.
Yes, it has a big possibilities that bitcoin will rebound in Q2 2018. Despite of excessive downward trend happened recently bitcoin will have a great chances to recover this 2nd quarter of this year. Some investors are now gets involved and give their full support to make bitcoin stands up back in-spite of the chaos moment. I have a positive expectation that before Q2 ends bitcoin will become optimistic. Yes I agree, the possibility is just around the corner for bitcoin to bounce back in the 2nd quarter of this year and hopefully this could be the right time that we are all expecting to happen. The successive dips of bitcoin could be the adjustment period before it will regain the strength to continue it's rise and hoping that the resistance will be overpowered soon. Well just don't expect the rebound to be in the same pace as when thr price went down. It's likely going to be a slow steady ascent, if it does go bullish. And of course there will still a lotnof challenges along the way so better to tread warily when trading btc |
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BTC just broke the black channel Upward and it was a nice candle!  It did, and it got a lot of people quite excited including me lol. Reversal perhaps? Though i've no intentions of moving my btcs, it's just nice to see some positive movements after a long while of seeing red |
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Most likely the price of bitcoin in December will increase, but not more than 20,000. but there is another scenario. If bitcoin is not fixed in price in 9 thousand, he might cease to be interesting for investors, which would reduce the capitalization of bitcoin and all criptocurrency. This factor will greatly affect the price decline of bitcoin in the end of year. Will hope that it will not happen.
I hate to make plans but I also think that Bitcoin will grow. That is why I am holding the cryptocurrency (altcoins as well) and I am not going to sell them. The time is good for buying more crypto. Well the thing with predictions is that they rarely hit the spot. All we're dping is speculating based on how we personally understand things. Experts have had their predictions shattered by btc and alts several times before. I'm not going to have any specific amounts but i'll sure to.be holding btc's until the end of this year |
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I think bitcoin is still asleep and seems still reluctant to wake up, I do not know how long bitcoin will be like this. But if bitcoin is already awake, bitcoin will surely increase and jump in value. We must have hope that becomes our impulse to survive in crypto.
Bitcoin can able to climb the price and it is possible this year. Well this time it may takes long and we need a strong support and strong hands to hold onto our bitcoin. As others says, bitcoin may not forever to be stagnant at this price so it can rise eventually. Well we've all seen how capable btc is in pumping way over the moon. The question is when and if people can hold their horses long enough until that happens. It can go evem lower that it's current value in a month or two. |
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is bitcoin heading for 6k?
what will be the price for bitcoin that will lead to large scale collapse of mining rings, that have specialised on bitcoin?
now at 6.6k again.
is this now a good opportunity to sell any buy more later?
regards
Why sell if there is a big opportunity to earn more. A lot of negative speculations are surfacing this past few months and this has a great effect in the value of bitcoin. Well, people must understand that bitcoin is not going to die anytime and it is regaining from all the attact it has been facing for the past several months. Strive while the iron is hot! Yeah i don't think selling is a very good idea at this point. Well imagine if you sold at 6.6k, btc recently went above 7.3k lol. You probably would've made a big mistake and would unlikely be able to buy in again at a lower price. That's when you really lose money |
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I see that that Bitcoin price is slowly going up again: Bitcoin price I am wondering if Bitcoin price will reach $20.000 this year? Why do you expect bitcoin prices to end up $ 20,000 this year? That's a small expectation, when we have a hope don't make a hope something small, it's not forbidden to price more than $ 20,000 like $ 100,000 or $ 200,000 it's hope, right? For a wish, we don't need to talk about data and price movements. Because the real effect that makes bitcoin prices rise based on news, not data. Let's see, six months to the end of 2018 there will be regulation that accept cryptocurrency and make the price higher, hope! Lol yeah you're right dude, if you're simply going to wish for a price, might as well take a long shot we may see if it can go to thise levels probably after the 2nd quarter or late 3rd quarter of this year. Thr price is currently moving upwards but i think there are still a lot to hurdle in the next few months |
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