cryp24x
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January 15, 2017, 08:43:02 PM |
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I agree that selling at this point will more likely bring you losses when you buy your Bitcoin at 1k plus. I would say to wait for bitcoin to recover and pass the amount you bought your bitcoin. That way you can be sure that you are in a positive ROI anytime you wanted to sell your Bitcoin.
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olushakes
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January 15, 2017, 09:04:21 PM |
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Keeping too might even be a loss because I know guys that are holding not because they are winning but because they lost as a result of not able to sell at the time when the all time high was reached recently thinking it will get to $2000 by mid February as someone has predicted so whether I hold or I sell, since the future is uncertain then I should be able to live with the consequences of my action and that's the only thing that matters after all.
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upsidedown75
Legendary
Offline
Activity: 1288
Merit: 1036
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January 15, 2017, 09:33:33 PM |
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Sometimes you lose sometimes you win, that is how it is in Bitcoin world. But you have to set up your goals and limits and stick to it. If you invest in Bitcoin you have to be aware of risk, learn a lot about market and monitor it carefuly. And don't be discouraged every time when things are not how you plan it because situation is changing constantly and eventualy you will also win.
Indeed, having bitcoin is a risky job, actually not just bitcoin everything in life has risks, so if we want to live we have to keep moving forward even if we lose and bitcoin is no different, and if you want to be successful in this business you have to have goals and determine the right time to exchange.
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deadpoolx
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January 15, 2017, 09:38:53 PM |
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Keeping too might even be a loss because I know guys that are holding not because they are winning but because they lost as a result of not able to sell at the time when the all time high was reached recently thinking it will get to $2000 by mid February as someone has predicted so whether I hold or I sell, since the future is uncertain then I should be able to live with the consequences of my action and that's the only thing that matters after all.
There are some situations where you need to recognize that there is a high risk that price may fall. In recent weeks, there had been a number of signs involving China indicating that this could happen, and in fact, the price fell sharply, from more than one thousand to below eight hundred dollars. It is important to identify the factors that lead to this, and sell when necessary to avoid losses.
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JeffBrad12
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January 15, 2017, 11:22:43 PM |
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thinking it will get to $2000 by mid February as someone has predicted so whether I hold or I sell Where was the prediction coming from? You will be seeing the fact about the Chinese FUD will keep the price of bitcoin is stable ASAP.
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lol3c
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January 16, 2017, 04:07:14 AM |
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thinking it will get to $2000 by mid February as someone has predicted so whether I hold or I sell Where was the prediction coming from? You will be seeing the fact about the Chinese FUD will keep the price of bitcoin is stable ASAP. Those predictions come from experts and experience. I can ensure that the peices will soon return to its path and it will reach $2000 in February. The chineae investors will invest their money in the cryptocurrency industry right after the Lunar New Year. Be patient guys. Bitcoin will live for long
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sherlock_h
Jr. Member
Offline
Activity: 56
Merit: 10
Byteball: DAG, Built-in Chat, Conditional Payments
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January 16, 2017, 04:14:13 AM |
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thinking it will get to $2000 by mid February as someone has predicted so whether I hold or I sell Where was the prediction coming from? You will be seeing the fact about the Chinese FUD will keep the price of bitcoin is stable ASAP. I think the FUD will continue because there are people trying to make money out of it. But the fact is that the price of Bitcoin is increasingly difficult to be controlled by a small group of people. The market is much larger, there is a greater trading volume and there are many exchages working seriously, so that events like those that happened a few years ago, in the time of Mt. Gox, become more difficult to happen again.
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poetra2501
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January 16, 2017, 04:57:43 AM |
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You only lose if you buy at high rate and sell when down rate In trading, We often don't have the patience when prices suddenly dropped. Be patient if you won't lose your trading.
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bohr
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January 16, 2017, 05:05:52 AM |
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You Sell. You only lose if you sell for a loss, if you sell for a profit then you can wait to buy again for a lower price and keep on winning since at some point you need to sell to materialize your profits.
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pinkpanther03
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January 16, 2017, 06:32:43 AM |
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When it comes of making 'TRYING" something or doing a "DECISION", these two words most often that we people became negative first in something we did not doing it yet. Because of having a fear of Trying and making a Decision, on which always happen too that repentance comes at the last. So the result we LOSE or we are LOSER.
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Zadicar
Legendary
Offline
Activity: 1526
Merit: 1025
DGbet.fun - Crypto Sportsbook
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January 16, 2017, 06:44:42 AM |
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You only lose if you buy at high rate and sell when down rate In trading, We often don't have the patience when prices suddenly dropped. Be patient if you won't lose your trading. Patience would really be an issue regarding on trading specially on some people doesnt like to suffer much losses.Like seeing the example for those people who bought at $1k price then price suddenly dropped at $740+ then besides bitcoins price tends to go down gradually they will sell of to cut loses but still considered as a lose thats why some clever people tend to hold no matter what because they believe on bitcoin to rise back its price again.
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The_Dark_Knight
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January 17, 2017, 12:47:05 AM |
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I always sell my bitcoin i don't care if i lose about the price if its getting higher nor bigger i need money for my daily expenses on school i always pay my tuition fee to take examination i can't afford to lose my education this is the only way where i can find a descent job.
That is fine but you may lose the opportunity to gain a lot of profit when prices get higher like in the last bubble but there is nothing wrong in itself in what you are doing but if possible find other income streams you can take advantage of the price fluctuations.
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traderethereum
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January 17, 2017, 02:06:14 AM |
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You Sell. You only lose if you sell for a loss, if you sell for a profit then you can wait to buy again for a lower price and keep on winning since at some point you need to sell to materialize your profits. it is what we should do in trading and many of us will advice that we need to buy low and sell high, but the reality, if someone is stuck in high price, then that person is getting panic when he watch that the price is down. and the only that person think is selling the bitcoin rather than he wait for another increasing price.
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densuj
Legendary
Offline
Activity: 910
Merit: 1000
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January 17, 2017, 04:19:28 AM |
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legendbtc
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January 17, 2017, 06:06:27 AM |
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How can we loose if we sell them at higher price. Don't look for higher margins in the trading definitely you loose all your money, you need to be more accurate when you are in trading because trading will not give you always profit only if you are good enough at it. You need to sell them at right time in order to make profit on your investment.
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dihari
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January 17, 2017, 06:16:32 AM |
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Panic panic. The panic sell is trending now. Most people think the price will drop down and down and don't think it can be bouncing. This is an advantage of bitcoin, it's better than forex reading. There is no margin call if the price drop until $1.
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digaran
Copper Member
Hero Member
Offline
Activity: 1330
Merit: 899
🖤😏
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January 17, 2017, 06:21:23 AM |
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You only lose if you sell when you don't really need the cash but unfortunately the big and the small miners sell 90% if not all of what they are mining daily, what they don't realize is the fact that by the next halving bitcoin price rises slowly up to $2800, so basically it's more of an investment than a currency.
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🖤😏
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Botnake
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January 17, 2017, 07:33:18 AM |
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Not all the time, it depends on the situation. You sell when there's a need to sell and you must dump when there's no sense of still holding it. We need to educate ourselves so whatever we do will have a relevant basis, reading accurate news will make us do the right decision.
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geopolisch
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January 17, 2017, 08:11:49 AM |
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Not all the time, it depends on the situation. You sell when there's a need to sell and you must dump when there's no sense of still holding it. We need to educate ourselves so whatever we do will have a relevant basis, reading accurate news will make us do the right decision.
Identifying the relevant situation is more important for a perfect trading decisions, yet we never need to get panic for bitcoin trading as every traders there will be getting second chances always. Selling some Bitcoins for our needs is inevitable whereas dumping is not at all necessary as long as we will be having hope on bitcoin ecosystem.
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ipanks
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January 17, 2017, 09:49:39 AM |
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i think you could prepare to sell now because when i see on poloniex, the price is getting up and many traders will prepare their bitcoin to sold, but i don't know how high the price will go up. i think it is better to make an order sell in a certain range because we don't want to just waiting without doing anything so i hope you can get profit with your bitcoin.
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