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Author Topic: You only lose if...  (Read 14995 times)
Xenophoto
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May 26, 2017, 04:31:36 AM
 #241

You give up. Our life is like one of a hospital apparatus that checked if we are still breathing(still alive), in short in life we have lots of ups and downs. If you fall, it's up for you to get up. I hardly recommend each and everyone to get up on your feet. The concept of giving up can be likened in business. If you lose money, because for example an investment failed. It is up to you if you want to get up. I heard of a story of a one millionaire that he sold all of his property to a man saying that there is a land the man claimed there are lots of gold. He hired men to dug that land. And found nothing, those golds that the man claimed doesn't exists. And then one day, one of his men reported that there are lots of oil in that land. He rejoiced and became a multi-millionaire. Remember WE LOSE, BUT WE SHOULD NEVER QUIT!!!

What a nice fairy tale. I wonder if that would ever wonder if you invested in an altcoin and the devs have scammed the people. What's dead is dead in altcoin trading, and most things in life in general. There are times when a bad thing is replaced by a good thing but that's mostly not the case. You have to assume that something that's dead will remain dead. Plus, for your fairy tale, doesn't mean that will happen to you. It's good to hear such stories but they are called "fictional" for a reason.

There are times when you also have to quit. For example, you try and pursue your singing career but you're not just good at it. Not quitting will lead to a never ending story of you getting hit by reality that you're not for singing. The "lose but never quit" sometimes is a bad thing. Multiple times you'd say "I should have quit sooner" so you could have focused on better stuffs.

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May 30, 2017, 11:54:37 AM
 #242

Maybe not, simple answer is sometimes we need to save our fund with cut loss. The second answer is how we can make profit if we don't sell? Always buy and buy never sell, this is trade not saving. Last answer is how good your strategy? I believe we can loss if we don't have a good strategy and discipline.  There's risk for everything and the question is are you ready?. Have a nice day.

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May 30, 2017, 09:17:28 PM
Last edit: June 02, 2017, 07:52:29 PM by wuvdoll
 #243

The second answer is how we can make profit if we don't sell? Always buy and buy never sell, this is trade not saving. Last answer is how good your strategy? I believe we can loss if we don't have a good strategy and discipline.  There's risk for everything and the question is are you ready?. Have a nice day.
You make and you enjoy your profits by spending direct bitcoins if you never ever preferring selling bitcoins. If you argue you do not have local bitcoin acceptance, then you must wait for those merchants to start accepting bitcoin payments. (Otherwise you can start a local business with bitcoin payments), So, selling is not a mandatory action for every bitcoiner and especially for those who are believing into future of bitcoins.
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May 30, 2017, 10:12:08 PM
 #244

Trading isnt hard if you know what are you doing. Without proper knowledge it is impossible to gain something over markets.There is only one strategy which works on uptrend : Buy and hold Smiley
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May 31, 2017, 03:01:57 AM
 #245

Trading isnt hard if you know what are you doing. Without proper knowledge it is impossible to gain something over markets.There is only one strategy which works on uptrend : Buy and hold Smiley

That's the rule of thumb. Buy low, hold it, and then sell high. But when should you actually buy? Is the price actually low? Is it going to go up again? How long should you hold it? Is this price high enough for you to sell? Those are the very basic questions that you'd come up with along with things like "Is this crowdsale reach their minimum cap?", "Is this all worth doing?" "Should I let go of this coin even when I'm going to lose huge amount of money?"

You barely touched the tip of the iceberg. There's tons of things you have to consider on trading and most of the time it's not going to be an uptrend. Sometimes you would have to sell your x coins to buy y coins. Sometimes you lose some so you can get some profit on a different coin.

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May 31, 2017, 04:00:07 AM
 #246

It may be a trading strategy to buy,hold and sell, this method may be used in trading.
Certainly in every trade (both forex trading and altcoin trading) requires little precision in analyzing price movements that will occur in the market in order to obtain the benefits as expected. Nevertheless sometimes in trading is often wrong in the analysis because it is accompanied by high emotions and greed who want to get big profits resulting in less focus in reading price movements that cause losses.
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May 31, 2017, 04:52:30 AM
 #247

Doing the actual sell will not make us always lose. Because it is an option that has been considered. Losing and winning in trading is a common thing, we can not predict everything correctly. Selling and buying bitcoin at the right time can bring us to profit.
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May 31, 2017, 05:04:38 AM
 #248

You only lose if you sell is why people become bagholders whenever the price goes down. They are waiting for it to go back up, in the case of bitcoin I will agree but too often I've seen altcoin bagholders convinced the price will recover when it never does. Be careful and know what you are investing in.
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May 31, 2017, 06:30:36 AM
 #249

I bought bitcoin when the price was 750$. I keep them in my wallet, I never think I lost something, because trade is not game little patient and everything will be ok. So don't worry, I hope the price will be back in 1000$ soon)

I am hoping that you keep your Bitcoin on your wallet even up to now because the value is now approaching $2,000 though it already reached the $2700 level but it retreated due to the expected correction.

Bitcoin should be viewed as long-term and those people who just kept them in their wallets are actually so happy to later on realized that they got a gem right in there just by trusting Bitcoin.
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June 02, 2017, 10:31:30 AM
 #250

You only lose if you sell is why people become bagholders whenever the price goes down. They are waiting for it to go back up, in the case of bitcoin I will agree but too often I've seen altcoin bagholders convinced the price will recover when it never does. Be careful and know what you are investing in.

You lose if you invest without doing proper research and information. Almost definitely if you do random trades, you might as well just gamble your money in dice. Also, you lose if you don't have enough composure because this will make you commit wrong rash decisions that would affect your trade in a largely negative way

 
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June 02, 2017, 02:44:16 PM
 #251

You lose if you don't do what you want. A lot of times in our day to day life we are affected from other people - family - friends.
This is why most people are like a sheep. We watch what is the herd doing and we do the same. Because if you go out from the herd you are individual and this is not accepted in our world.
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June 02, 2017, 03:01:12 PM
 #252

You lose if you invest without doing proper research and information. Almost definitely if you do random trades, you might as well just gamble your money in dice. Also, you lose if you don't have enough composure because this will make you commit wrong rash decisions that would affect your trade in a largely negative way

These are common mistakes committed by newbies on trading or trader wannabes. But seasoned traders have system they follow so they will not fall to these errors. They are harder to shake even if their trade are going south.

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June 02, 2017, 03:49:22 PM
 #253

You only lose if you sell is why people become bagholders whenever the price goes down. They are waiting for it to go back up, in the case of bitcoin I will agree but too often I've seen altcoin bagholders convinced the price will recover when it never does. Be careful and know what you are investing in.

You lose if you invest without doing proper research and information. Almost definitely if you do random trades, you might as well just gamble your money in dice. Also, you lose if you don't have enough composure because this will make you commit wrong rash decisions that would affect your trade in a largely negative way

Yes maybe what you mentioned is correct, IMO, in trading, we should be able to
understand all aspects of coins which we trade. Yes, patience is a major key in trading.
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June 02, 2017, 06:18:16 PM
 #254

You only lose if you sell is why people become bagholders whenever the price goes down. They are waiting for it to go back up, in the case of bitcoin I will agree but too often I've seen altcoin bagholders convinced the price will recover when it never does. Be careful and know what you are investing in.

You lose if you invest without doing proper research and information. Almost definitely if you do random trades, you might as well just gamble your money in dice. Also, you lose if you don't have enough composure because this will make you commit wrong rash decisions that would affect your trade in a largely negative way

Yes maybe what you mentioned is correct, IMO, in trading, we should be able to
understand all aspects of coins which we trade. Yes, patience is a major key in trading.
Success comes only to the user who trades for the first time and has a good enough amount of information and knowledge, that's when success really does exist. Probably need to constantly define Out of time for training to become a successful trader.

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June 02, 2017, 06:54:13 PM
 #255

You Sell.  Wink



The best time for to do now. More HODL and more lose. I sold them over $1100. How lucky me.

If the other bad news will be coming.
The HODL will get the another lost. For those people trade bitcoin right now.


You could have hold more as the current bitcoin price is over $2,000. We should hold more as am seeing bitcoin trading over $3,500 before the end of this year. Op inspiration is very high as when I think about the sinking ship I was move. May bitcoin not sinking now ooo.
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June 02, 2017, 07:16:48 PM
 #256

You lose if you don't do what you want. A lot of times in our day to day life we are affected from other people - family - friends.
This is why most people are like a sheep. We watch what is the herd doing and we do the same. Because if you go out from the herd you are individual and this is not accepted in our world.
Hard facts. But when people are not aware of how long they can keep their bitcoin holding and when and what prices they can go for profit booking, it would be very difficult for them to come out into reality of making use of their long holding bitcoins. Personally we are being influenced by our near and dears and hence some people are not preferring to hold and booking profits just by their close people's suggestions.

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June 02, 2017, 08:56:52 PM
 #257

Trading isnt hard if you know what are you doing. Without proper knowledge it is impossible to gain something over markets.There is only one strategy which works on uptrend : Buy and hold Smiley
Buy and hold is the job of investors and that is good for those people who do not know about trade and who want to get the profit. They have to by bitcoin and for getting a high profit they have to hold for longer time. While for getting involved in trade they have to learn a lot of strategies about trade.
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June 02, 2017, 11:36:50 PM
 #258

You only lose if you sell is why people become bagholders whenever the price goes down. They are waiting for it to go back up, in the case of bitcoin I will agree but too often I've seen altcoin bagholders convinced the price will recover when it never does. Be careful and know what you are investing in.

Because you sold some, you lose? No, you will not lose if you sold and you got profit, profit is profit no matter how much you sold that at lower price, there's nothing to lose. And you will only lose if you sold it lower than your investment so that's a clear mistake of yours.

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litaf
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June 03, 2017, 12:45:11 AM
 #259

What if you sell and then BTC prices crash? I dont understand how someone can be a permanent bull and be so enthusiastic to the point where they are financially suicidal. I believe that bitcoin is the future but I also know there is a high risk involved with any sort of cryptocurrency investment.
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June 03, 2017, 01:31:49 AM
 #260

You only lose if you sell is why people become bagholders whenever the price goes down. They are waiting for it to go back up, in the case of bitcoin I will agree but too often I've seen altcoin bagholders convinced the price will recover when it never does. Be careful and know what you are investing in.

Because you sold some, you lose? No, you will not lose if you sold and you got profit, profit is profit no matter how much you sold that at lower price, there's nothing to lose. And you will only lose if you sold it lower than your investment so that's a clear mistake of yours.
You only lose if you sell your bitcoins or any kind of coin for a lower price than your bought price but there is a saying that you will get a loss if you will sell it for a lower price so it is better to just hold when the price is high and keep holding until the price get higher than your buying price so you can get profits and sell.
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