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Author Topic: Been holding for the last month and half and then...  (Read 560 times)
Mikegp
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July 18, 2017, 03:59:29 PM
 #1

Hi guys. I bought Waves, Stratis and Sia about a month and a half ago. Then everything came down, lost about 60% of my money, but was still holding, and i plan to hold them for a long time. But in the past few weeks there have been days when the market goes up, and my coins go up abouth 30% just to lose the gain the next day. Ive seen it over and over for the past weeks.

So Yesterday i decided to sell after a +30% gain in the day, expecting that this morning, the price wouldve gone down and i can buy more of the same coins. To my bad luck i woke up to a bull market. So after doing the numbers, id have over $700dlls more if i didnt sell anything yesterday. Well thats the cost of playing i guess.

My question is. I want to buy my coins again, im just not sure if i should buy now, or wait for a dip. If i buy now, im buying higher than what i sold yesterday, if i wait, maybe the price goes higher still.

Experts, what do you think will happen in the next 2 days? should i buy now, or will the market go down again?

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SilverQuark
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July 18, 2017, 04:12:00 PM
 #2

Seems like the weekend is the time to buy.
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July 18, 2017, 04:14:00 PM
 #3

Wait till the weekend, we haven't seen the floor yet.

Next time its just better to hold this far down from the peak.
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July 18, 2017, 04:34:14 PM
 #4

Lately it seems that every end of the week bitcoin price goes down I am just not sure if it is me or what but thats how I noticed when it comes to the weekend. This is just my opinion so just try to check the trading sites and see if there is a difference if it is weekend or a week day. And good luck on your trading.


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Persiville
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July 18, 2017, 04:45:07 PM
 #5

Wait till the weekend, we haven't seen the floor yet.

Next time its just better to hold this far down from the peak.

I saw the price already started rising.
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July 18, 2017, 04:45:41 PM
 #6

You should look for a good entry point that doesn't necessarily require a dip in all cryptocurrencies' prices. By a good entry point, I mean something like this (which could happen in daily fluctuations):
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July 18, 2017, 05:04:35 PM
 #7

Lately it seems that every end of the week bitcoin price goes down I am just not sure if it is me or what but thats how I noticed when it comes to the weekend. This is just my opinion so just try to check the trading sites and see if there is a difference if it is weekend or a week day. And good luck on your trading.
The scenario on market always change after few weeks, we can't know 100% the price of Bitcoin will down again in weekend or continue the trend in today and reach to $3000 - ended bearish trend on market! The whales are people can know that and take profit with their scenario created

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Mikegp
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July 18, 2017, 05:09:00 PM
 #8

It looks like its going down strong as of 1 hour ago
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July 18, 2017, 05:16:09 PM
 #9

Buy high, sell low.

That lesson was a bit expensive, if you aren't going to study and watch the market for quite some time, don't try to day trade, just HODL, otherwise you'll get REKT.

Mikegp
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July 18, 2017, 05:19:04 PM
 #10

Buy high, sell low.

That lesson was a bit expensive, if you aren't going to study and watch the market for quite some time, don't try to day trade, just HODL, otherwise you'll get REKT.

High and Low are relative terms. Yesterday i sold "high" compared to that morning. Its as if you sell bitcoin when it hits $2,800, and you think you sold high, but over the next few days goes to $3,500.
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July 18, 2017, 05:23:01 PM
 #11

This is why hodling always trumps panic selling. Usually the market will move up if we sell and down if we buy Smiley there is no way to predict the market but man is it sure a bitch!

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July 18, 2017, 05:24:27 PM
 #12

In my opinion, the last selloff was a very good time to buy and you should have added more rather than sell. I added a few coins myself and i dont think the Crypto Market cap will fall back to 60B because we are already recovering and everyone is buying so prices are going up. Just my opinion. I myself wanted to add more Waves at $2 but couldnt buy because i spent all my money on other coins. Now I have to buy Waves at higher price after i get my paycheck  Grin Grin Grin

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July 18, 2017, 05:26:38 PM
 #13

I think you should hodl instead of selling. Don't panic. You should've sold them when they got high so just keep hodling. This is not the best time to sell in my opinion.

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July 18, 2017, 05:30:11 PM
 #14

I think you should hodl instead of selling. Don't panic. You should've sold them when they got high so just keep hodling. This is not the best time to sell in my opinion.


It wasnt a panic sell. as i said, i invested long term. i dont care about the dips, i just thought i could make a small profit if i sold after a 30% increase that day, and rebuy the coins the next morning. The past weeks every time where the market had a good recovery day, it went right back down the next.
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July 18, 2017, 05:36:21 PM
 #15

I'm thinking we'll have another dip before and after the Aug 1 non-event.

 
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July 18, 2017, 05:39:06 PM
 #16

Echoing everyone else, wait until the first.

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July 18, 2017, 06:00:35 PM
 #17

You've already proven you're unable to time the market, and it's a fact that no one can with confidence.   Keep trying to do that and you're going to lose money.  Predicting future price movements based on historical movements is a fool's game.  But hey, it's your money.  And this is a great thread for shitposting alt accounts.



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CryptoPro3
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July 18, 2017, 06:35:58 PM
 #18

Echoing everyone else, wait until the first.

This is exactly the reason you shouldn't wait. If everyone believes something, it probably won't happen. Last weekend dip was the big one. Most people watched those cheap prices from the sidelines.

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July 18, 2017, 06:59:16 PM
 #19

Hi guys. I bought Waves, Stratis and Sia about a month and a half ago. Then everything came down, lost about 60% of my money, but was still holding, and i plan to hold them for a long time. But in the past few weeks there have been days when the market goes up, and my coins go up abouth 30% just to lose the gain the next day. Ive seen it over and over for the past weeks.

So Yesterday i decided to sell after a +30% gain in the day, expecting that this morning, the price wouldve gone down and i can buy more of the same coins. To my bad luck i woke up to a bull market. So after doing the numbers, id have over $700dlls more if i didnt sell anything yesterday. Well thats the cost of playing i guess.

My question is. I want to buy my coins again, im just not sure if i should buy now, or wait for a dip. If i buy now, im buying higher than what i sold yesterday, if i wait, maybe the price goes higher still.

Experts, what do you think will happen in the next 2 days? should i buy now, or will the market go down again?


I think you should sell your Waves. Shift is a better choice and has an awesome entry point right now.
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July 18, 2017, 07:20:30 PM
 #20

I don't understand why people are still thinking Aug 01.

Surely BIP91 wins through now. Is there anyone who really thinks it won't hit the 80% threshold? It's mid 60s% already. So Segwit2x and BIP148 make friends, and crisis averted.
I'm not an expert, so I might be missing something, but surely the likelihood is that BIP91 wins through. I know it's not a guaranteed certainty, but it seems very very very likely that this is the outcome.

If I'm missing something, please let me know!

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