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Author Topic: Don;t be tempted to Sell OUT; HODL  (Read 1080 times)
senyorito123
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July 29, 2019, 03:04:02 PM
 #61

Panic tend us to be tempted to sell our holdings, and we've been ignoring the possibility of growing our coins. Traders who happen to decide of selling early and cannot withstand to hodling will regret afterwards. Frustrations sometimes give us lessons in life, but it's wrong to give up despite of being frustrated. Temptations is a loop hole of everything, and it's more like a puzzle which we need to discover whether it's a trap or solution for the problem.


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seoincorporation
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July 29, 2019, 03:17:09 PM
 #62

We are now on a panic sell... A lot of people decide to sell their coins at the moment they get under $10k because they can't afford a bigger loss.

Only smart people keep holding, but there are tons of users who take decisions based on their emotions and not thinking about them.

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July 29, 2019, 04:31:28 PM
 #63

We notice the market down fall below 10k$ so some decides to sell to cover loss. When others in panic  we ought to sell what we have. Tougher decisions when holding out of in panic market. Holding is good since btc already more than 10k$.
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July 29, 2019, 08:59:30 PM
 #64

The past two months saw Bitcoin rose from 5k to 14k. obvious. the move looks like a planned market.  it is was a free Bull market just like the Jan ,2018. as a result of this move,Many traders Were deceived by selling out their ALTCOINS to bitcoin in other to earn from the Bull market.

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks.  Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic.  Huh Huh

i do not think that bears are back, it is a sell off due to fast uprising of BTC, and people want safety of more stable currencies until new direction is established, i am not a trader, but it is not realistic to have 100%+ in just little over a month without trading...
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July 30, 2019, 10:36:00 AM
 #65

If you have a plan to make some money then you must have to be patient for getting this amount, that's why don't be panic. You have to take a risk regarding investment or trading or any other monetary issue that's why every situation should be monitored properly and make an analysis of every trend.
When the market falls down then every minute is important, not only that when the price goes up then also be very analytical. most important thing is that we have to be very analytical and pragmatic. don't take any decision without any analytical test. most important thing is that don't get tempted, hold it for the future purpose.
 
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July 30, 2019, 11:25:42 AM
 #66

At times it is very hard to predict the market and hold without selling. Sell out happens most of the time when there is panic wave relative to the bitcoin. It can be of some negative news or some hacks on exchanges, reserve fund freeze. By this time the respective asset value keeps falling, and if we don't react at the right time we're gonna loss. In recent days Binance is the only coin that overcame such scenario and the growth kept progressing.

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July 31, 2019, 03:44:35 PM
 #67

Panic tend us to be tempted to sell our holdings, and we've been ignoring the possibility of growing our coins. Traders who happen to decide of selling early and cannot withstand to hodling will regret afterwards. Frustrations sometimes give us lessons in life, but it's wrong to give up despite of being frustrated. Temptations is a loop hole of everything, and it's more like a puzzle which we need to discover whether it's a trap or solution for the problem.

You will never persuade people, who are panic-stricken persons by their nature. They will do everything following their instincts and fear, without thinking too much. Unfortunately, too many guys do it, and it has a very negative effect on the cryptocurrencies prices. Actually, for me, it is evident that holding now is the better choice. Crypto will be up.
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July 31, 2019, 04:00:38 PM
 #68

At times it is very hard to predict the market and hold without selling. Sell out happens most of the time when there is panic wave relative to the bitcoin. It can be of some negative news or some hacks on exchanges, reserve fund freeze. By this time the respective asset value keeps falling, and if we don't react at the right time we're gonna loss. In recent days Binance is the only coin that overcame such scenario and the growth kept progressing.
Binance coins have done well and I do believe that it is one of the best-performed coins in this 2019! Binance started from a very humble background and has grown significantly for the past one month that bitcoin and ethereum were having bearish momentum. I do believe that we are not going to have continue falling in price as both ethereum and bitcoin has recovered above $10,000 and 220 respectively. Bitcoin is trying to close above $10,000 by the end of July and I believe that August is going to be extremely bullish. Therefore, I join op to said "keep holding, you should not be tempted to sell out"!
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July 31, 2019, 04:08:19 PM
 #69

Libra has the power to affect the crypto market just because of its huge user base. Mark is a wise man and is trying to over optimize his user base with the idea of Libra. There would be of course crazy adoption and acquisition of Libra but the lucrative business that people find in dealing with Bitcoin would not be there because Libra is essentially a stable coin.
Government would not really allow this project to fly because they already having issues with it and I think they have already seen it as threat to them. I don’t know how true this may be, but there is a particular post I saw in altcoins discussion I think, where the user posted a link showing that Facebook is already talking about backing out because of the challenges they are already encountering through government I think, not sure if the source is true though, but I really think they will have issue because of their user base.

Most of the people in the user base are mostly educated and knows how to use the internet, and if Facebook would expose all these people to cryptocurrency, then the adoption we have been requesting for will come faster than we think.

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August 01, 2019, 04:32:42 PM
 #70

Libra has the power to affect the crypto market just because of its huge user base. Mark is a wise man and is trying to over optimize his user base with the idea of Libra. There would be of course crazy adoption and acquisition of Libra but the lucrative business that people find in dealing with Bitcoin would not be there because Libra is essentially a stable coin.
Government would not really allow this project to fly because they already having issues with it and I think they have already seen it as threat to them. I don’t know how true this may be, but there is a particular post I saw in altcoins discussion I think, where the user posted a link showing that Facebook is already talking about backing out because of the challenges they are already encountering through government I think, not sure if the source is true though, but I really think they will have issue because of their user base.

Most of the people in the user base are mostly educated and knows how to use the internet, and if Facebook would expose all these people to cryptocurrency, then the adoption we have been requesting for will come faster than we think.
They do really have the problem but i dont see or think that Libra would back it out due to requirement in terms of regulation or whatsoever.
I do agree that they do see this as a threat and knowing facebook is big enough which they can stand on their own but well government would always have the
laugh in the end yet all policies should really be followed as they like.

R


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August 02, 2019, 05:41:18 AM
 #71

The past two months saw Bitcoin rose from 5k to 14k. obvious. the move looks like a planned market.  it is was a free Bull market just like the Jan ,2018. as a result of this move,Many traders Were deceived by selling out their ALTCOINS to bitcoin in other to earn from the Bull market.

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks.  Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic.  Huh Huh
I think so too to be patient and hold hold in the future. arrived at a good price position. now if you make a sale at a low price it will only make a loss and eliminate profits.

Be patient and stay calm is the key to hold the coins, and that is what you need to do if you want to make a profit in the future. We don't know when the bears will end, but we can hold the coins for a long time. If you panic by seeing the price is going down, you will lose the chance to hold for more if you cannot control your feeling. A wise trader will still hold in the unpredictable situations and only decide if he knows there is a way to reduces the loses, but if the market is not running well, he will still keep his coin until the situations become better.
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August 02, 2019, 05:46:26 AM
 #72

The past two months saw Bitcoin rose from 5k to 14k. obvious. the move looks like a planned market.  it is was a free Bull market just like the Jan ,2018. as a result of this move,Many traders Were deceived by selling out their ALTCOINS to bitcoin in other to earn from the Bull market.

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks.  Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic.  Huh Huh
I think so too to be patient and hold hold in the future. arrived at a good price position. now if you make a sale at a low price it will only make a loss and eliminate profits.

Yes, instead of selling at the current prices will not help you to make profits, so we should be very patient when the market is going down. So there is always a chance for us to grab the coin when their prices are going down and it will help to make fast profits when they start recovering.
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August 02, 2019, 12:05:44 PM
 #73

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks.  Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic.  Huh Huh
That's the kind of risk you take when you're investing in crypto. Another thing is that anyone that wants to invest should always have it in mind what they want and their reason for investing and how long they plan to hold that coin. It's best to always diversify your investment and invest your money in lots of coins,  invest a part of the money in bitcoin and then invest the remaining in some of the best altcoins, so that you have double means of making profit.

If the altcoin market is falling you will have bitcoin to rely and when bitcoin is doing too good you will still have altcoin. So, it is good to diversify.

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August 02, 2019, 12:14:26 PM
 #74

don't let yourselves be tempted with current pumps.

Being tempted to sell on a pump is way more better than selling at a loss or selling at a dump just because your to scared and you think that your coins are doomed  .

selling at the current prices will not help you to make profits,

The current prices are still better than the last years prices but the choice will still depend on the user  . if he bought his coins lower than the current price then its not a bad idea to sell but he shouldnt sell out if he bought his coins at highs because he will only loose .

Hodl is cool but we need cash  . dont be afraid to sell some and treat yourself if you think you already earn some .
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August 02, 2019, 12:29:53 PM
 #75

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks.  Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic.  Huh Huh
That's the kind of risk you take when you're investing in crypto. Another thing is that anyone that wants to invest should always have it in mind what they want and their reason for investing and how long they plan to hold that coin. It's best to always diversify your investment and invest your money in lots of coins,  invest a part of the money in bitcoin and then invest the remaining in some of the best altcoins, so that you have double means of making profit.

If the altcoin market is falling you will have bitcoin to rely and when bitcoin is doing too good you will still have altcoin. So, it is good to diversify.
That considered risks are particular and can be decreased by making hedge trades. The altcoin markets are volatile, having a trading edge will clearly give an enormous advantage to the altcoin investor and it is essential to have a diversified altcoin portfolio. After selling altcoins for a profit and making more BTC transferring earnings to Bitcoin or stable coins will be risk-free money management. 
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August 02, 2019, 02:05:25 PM
 #76

The past two months saw Bitcoin rose from 5k to 14k. obvious. the move looks like a planned market.  it is was a free Bull market just like the Jan ,2018. as a result of this move,Many traders Were deceived by selling out their ALTCOINS to bitcoin in other to earn from the Bull market.

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks.  Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic.  Huh Huh

Bearish is always there in the market no one can conclude what will happen in the market price obviously people selling bwcause their gain profit so no wrong about this one but if you are longterm holder then hold it until you reach your goal.

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August 03, 2019, 09:16:27 AM
 #77

I agree, trade only makes my BTC decrease.  Embarrassed Embarrassed
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August 04, 2019, 03:46:55 AM
 #78

Well we all have different needs and perspective some of us doesn't want to sell but doesn't have a choice.
So even if we want to HODL we couldn't do it.
But I agree that it is better to hold than to sell now.

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August 04, 2019, 07:04:50 AM
 #79

Well we all have different needs and perspective some of us doesn't want to sell but doesn't have a choice.
So even if we want to HODL we couldn't do it.
But I agree that it is better to hold than to sell now.
Majority of us here are looking for bigger profits, so selling right away is not a good strategy.
IMO, the market will improve overtime so why so worried on the present situation, market is very unpredictable if you look at the short term movement but if you look at the long term price history, bitcoin has never failed to amaze us with it's overall massive growth.

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August 05, 2019, 06:56:36 PM
 #80

I agree, trade only makes my BTC decrease.  Embarrassed Embarrassed
Trading is good and profitable but it not for everyone, the reason you are probably having a decreased bitcoin is because you are losing your trade, and at the same time, I don’t see any reason why you should even lose your coin, if you only buy and wait till it increase to sell, even when your trade is not going well for you, provided you dint panic sell, you will definitely get your money back when bitcoin increases.

If you really want trade to increase your coin, you need to simply first learn all the necessary skills needed for it, because without skills and strategies, you will only end up always losing to your opponents or do I say to the market. I started trading with 1 BTC and I can confidently tell you that I have increased my portfolio to at least 1.5 BTC.
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