In trading how do you know if it is time to still hold or is it the right time to sell? Do you go buy your profit margin or actually wait for the highest possible peak?
For example if you're earning like 10% of your investment, would you just sell or would you be interested in waiting and seeing if it goes more up so you could earn more, in doing that its possible that it may go down and you then earn like 5-8%
But what is your process in this? How do you go about hold and sell timings?
Since the value of Bitcoin right now is 17783.03 US Dollar, I would probably hold it due to the continuously increasing of value. As of now, holding your bitcoin also have the benefits of getting the highest possible profit in btc without making an effort. On the other hand, if you are planning to sell your btc then it is okay because fiat is necessary in order to live. However, it is always up to you. Holding Bitcoin when the price of Bitcoin decreases every day, do you think it is good? While, there are many altcoins are pumping the price 100-200% per day, I think the trend of cryptocurrency market changed. Although this trend can be temporary, but I am sure holding altcoin is more profits than Bitcoin. At thia point you're probably right. Bcc, ltc, ripple, if you've held those coins recently then you're probably going to have a very merry holidays.compared to those that kept to their btcs. But as you'vr also said, its likely temporary. Let's see come 2018. I prefer to keep it diversified for security lol I think that it is the time to hold bitcoin in the present circumstances as it is generally considered that the prices will raise in 2018. The bitcoin is sold when there are chances of prices to go down in the market but presently the prices are expected to raise in the market so one should not sell in the present situation and rather to hold it for the coming opportunity in 2018. Yes there is a forecast the price of bitcoin might go up very high in this year but i think that the bitcoin will just go down for a little for a few weeks before taking off to the moon and i really think that holding bitcoin right now is a good idea and selling it is a good idea too because as you can see that selling bitcoin will give you chance to buy at the lower prices compare to the rate right now. |
|
|
|
|
This forum is the best place or source to learn trading because you got all you need here. This is like the bibble of the cryptocurrency. If you will try trading then for me, it is more effective to have a great fundamental analysis because almost all the coins are vulnerable to a news and if you buy some coin and let say that the news for that coin came out then it will be a very great advantage to you because they will be buying at the hype while you will buy at the rumor and sell the news.
|
|
|
|
|
For the technical analysis for the price of bitcoin, we can expect some dump or bearish market for this early stage of this year and i think that majority of the month of this year will be a bull market because as you can see that bitcoin is very popular in the public so getting the price back to the top will not be difficult.
|
|
|
|
|
The thing that makes me trust a new altcoin is the whitepaper of it. In every new altcoins that got my attention, i put some time and effort to read their whitepaper and to have some knowledge about the coin so i will understand what they are and to find out if they have some potential for the next few years as an investment.
|
|
|
|
|
Bitcoin is indeed not a gambling because bitcoin is an investment with a high risk but it is not the same like gambling because in gambling, there is no assurance that you will earn money because bitcoin might have a risk but if you know what you are doing then you will not end up losing so i think that bitcoin is an investment and not a gambling.
|
|
|
|
|
I want all of the companies to have accept bitcoin because if you will wish then why just wish for all of the companies to just accept bitcoin so the exposure of bitcoin will be going to be maxed out and that will give us a lot of option to where we can spend our bitcoin and also to the profits that we can have since the price of bitcoin will go up if the users will dramatically increase.
|
|
|
|
|
Yes bitcoin can be. Most of the investors and traders are very bullish for the 2018 and i think that the next years for bitcoin will be going a bullish too since bitcoin is already popular in most of the developed countries and i really think that this upcoming years will be the year for bitcoin and to those people who have got some bitcoin.
|
|
|
|
Hey guys I'm not sure if this is the right place so please tell me if it is not. With that out of the way, I have a question for you all. I have recently been able to gather about .5 btc through minor trading and I was wondering if there was any method or way to grow this btc into a larger amount safely and fairly quickly. Thanks!
He is very skilled in trading, it is good enough to earn 5 btc through trading, why do you want to use other ways, that may not be better than trading, although safe I think the profit is not as big as what you get from trading. Trading is the best source of income for me because when you have 5 bitcoins for a capital for an example then you can earn up to 10% per day which is not bad because that is about .5 bitcoin and that worth a lot for sure in these days so i think that trading is the best option for the bitcoin users to grab in order to grow and establish a career. |
|
|
|
Simply by holding a coin until you get profits from it, you have show your patience to do that. It's far better than jumping from one coin to another.
It is not trading because that is a form of investing. Trading is the concern here and not about investing because if you hold the coins that are in the market then you are not trading them, you are just holding them and waiting for your investment to grow while you can do trading which can give you even higher amount of profits than the profit that you might get in investing. |
|
|
|
|
It is not the right question because the right question is all about for yourself. What did you do in order to lose the trade? Maybe you don't have any trading plan and you just buy and wait without having any plans you are prone in a high kind of risk and that will give you the risk to lose your trade so better have a plan and learn from your mistakes.
|
|
|
|
I just wanted to know that,what amount of risk is there in investing in bitcoins.
Right now i am planning to buy btc approx 3-4 btc and just hold them as i guess the price of bitcoin will increase in future and i will get some good profit.But i want to know what is the risk involved.Can bitcoin price decrease and is this right time to buy the bitcoin.
Anytime any moment you can buy bitcoin. The risk is we don't have to control the of the bitcoin in the market. We are just speculating it. The value is not stable we don't know when the value drops and high. If you want to invest approx. 3-4 bitcoin that is a huge amount of money. You can start investing on little bitcoin amount first before you spend a big amount. If you want to get some bigger amount of bitcoin then it is better to just start with a small amount and learn how to do trading and that will help you to grow your bitcoin into a higher amount and it will resulted for you to gain a lot of bitcoin and that will bring you for getting a bigger and bigger amount. There is always risk but if you know how to do risk management then it will not be that risky for you. |
|
|
|
|
If you really want to make that into 1M in 365 days then it is more possible for you to just do trading and do not depend on the strategy of buy and hold bitcoin it will not work since the market of the cryptocurrencies are volatile so you can either get a huge profit or a huge loss which is very common to happen in this type of market so if you really want to take advantage of the volatility then be a trader and get a possibility to make that capital into 1M.
|
|
|
|
I think the first 20 to 30 listed coin on coinmarketcap are good ones! Those coin would no have been listed if they do not command some respect and certain value and development. Having said this, you still have to research coin for yourself and make your own decision!
Sometimes the top coins in the coinmarketcap are just resulted of the hype and the manipulation so it is not worth it to trust all of them because most of the coins in the top rankings did not deserve their places so i think that it is best to do your own research in order to get some more knowledge and to have your own perspective for the coin if it is good to buy or not. |
|
|
|
|
It is not that clear to use bitcoin as a mode of payment because its system is not that suited for that thing since that you can see that the network of bitcoin is still low and a lot of transaction are being made everyday that causes a lot more slower speed of confirmation for a transaction so i think that bitcoin needs a lot more improvement before becoming a payment system.
|
|
|
|
|
I don't think that in 2020, the price of bitcoin will be worth $1 Million because it is a bit fast for the price of bitcoin and it is more likely a bubble which is the people are afraid to happen because when bitcoin became a bubble then the price can pop anytime and it will result for a lot of disappointments and losses.
|
|
|
|
|
Bitcoin will not end because the price of bitcoin is still fighting to the top and as you can see the people are still loving bitcoin and they are not losing hope that bitcoin might get up to more than $30000 price for the incoming year of 2018. I really think that there are still years to come to bitcoin and this is not the end for bitcoin.
|
|
|
|
|
If you really want to trade coins that are good for trading then you should go into a trading site and do a lot of research about the coins that are in the top based on the volume so you will have a great point of view if they are good to be used in trading or not. Trading coins is not as easy as pie and you need to study first before trading any of them.
|
|
|
|
In bear market we are very emotion because we can't withdraw our money be patience at all time coz it will pump hard.. buy and hold sell if it's profitable.. you have your own choices on how you handle situation like this
In these times of bearish market we have to remain calm and don't ever try to panic or if you did then you'll lose a lot of money in the future. Learning from the past mistakes will give us some delight that we have to be observant and just follow what the market is predicting but don't be predicted that when others are selling, you'll follow them - no! exactly being calm in this kind of situation wherein a lot of are making some panic but you as a people person some of us here are taking to be a calm cause this is the best thing to do for and nothing else we know how hard to make some decision that are not able to be but this is what we have to do. And if you didn't ever panic sold at $12,000 then it's a great timing as the price now started to come back at $14,000 and still kicking to reach another good movement for this week. Just like what happened last year on the same season the price fall during Christmas holidays and then after New year the price surged and that was a very fast movement. The price of bitcoin is just testing the people who can resist the price dump of bitcoin and based on the chart of bitcoin, there are still a lot of people who sold their bitcoin for a lower price because of the panic that is caused by the FUD from the other bitcoin haters. Patience is a must in hodling so you will have a higher chance to get some huge profit. |
|
|
|
|
You can really make $10,000 into 1 million if you have a lot of determination then you could easily make that into million because making millions is not hard for the people who have a lot of great determination and patience. Just like in trading, if you are patient then you can make that into million in just a few months.
|
|
|
|
|
I will surely donate my bitcoin for the poor and those people who are needy because i am not a selfish kind of person and i want to share my blessings to the other people who are poor and can't afford a good life so even though in a very simple and smallest way i can do, i can help them to feel happy and blessed like me.
|
|
|
|
|
Show Posts
