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Author Topic: Trading dilemma  (Read 1755 times)
SushiMonster
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October 04, 2017, 02:12:08 AM
 #1

I bought my btc - DGB for a price of 0.00000693 last August and I'm trying to sell it for 0.00000800 for I hope that the btc will rise this September but I guess I was wrong - It's kinda frustrating to be honest.
To all my fellow traders out there, Does the price of the bitcoin is bothering you - what are plans ? will you sell or wait?

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October 04, 2017, 02:47:45 AM
 #2

Does it bother me? Nope. I really don't care if bitcoin crashes tomorrow. I don't care of it's short-term price fluctuations. I'm here for the long haul. This is an investment in the first place, don't expect top dollar gains in a few months. If everything goes right for bitcoin I'd expect good returns in the future.

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October 04, 2017, 03:06:41 AM
 #3

Never heard of DGB; that's probably your first trading mistake right there, investing in
coins that are either obscure or have nothing that would set them apart from anything
else on the market.  I could be horribly ignorant about DGB and it could be the
greatest thing since sliced bread...but it probably isn't.  And it probably isn't worth
even owning.

You're going to keep hoping the price goes up, because that's all you can do.  And in
the meantime, you're going to get a bleeding ulcer from the anxiety and the need
to keep watching the price.  That'll keep you from finding a coin or other investment
that'll make you money.  What I think you should do is cut your losses right now, sell,
and hold bitcoin.  You know damn well bitcoin has more potential, more support, more
of everything than this crappy lil 'ol poopcoin.  So just do it.
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October 04, 2017, 05:48:49 AM
 #4

I bought my btc - DGB for a price of 0.00000693 last August and I'm trying to sell it for 0.00000800 for I hope that the btc will rise this September but I guess I was wrong - It's kinda frustrating to be honest.
To all my fellow traders out there, Does the price of the bitcoin is bothering you - what are plans ? will you sell or wait?

If you are bothered by that, I guess a lot of things are really going to bother you the more because by the time you hold several stocks and everything seems to be taking a reverse trend, what do you do?

Everyone into trading will face one dilemma or the other and even me, I am facing one currently so what I did is what I am going to advise and that is, since you have a set price in mind, just make the open the order and forget about it if you looking at the price bitcoin to decide, it might not work that way every time. If price should rise even in the middle of the night, your order will be fulfilled.

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October 04, 2017, 05:54:10 AM
 #5

I bought my btc - DGB for a price of 0.00000693 last August and I'm trying to sell it for 0.00000800 for I hope that the btc will rise this September but I guess I was wrong - It's kinda frustrating to be honest.
To all my fellow traders out there, Does the price of the bitcoin is bothering you - what are plans ? will you sell or wait?
I think you hurried to see the first plus in your funds, you just had to wait more, and there the price is already high and there would be more money.

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October 04, 2017, 06:31:03 AM
 #6

I bought my btc - DGB for a price of 0.00000693 last August and I'm trying to sell it for 0.00000800 for I hope that the btc will rise this September but I guess I was wrong - It's kinda frustrating to be honest.
To all my fellow traders out there, Does the price of the bitcoin is bothering you - what are plans ? will you sell or wait?

An experienced trader should never ask the question "Should i sell or should i wait?".
Are you a newbie in cryptocurrency trading?If yes,then you should read more topics here and gain more knowledge about trading.There is lots of usefull info around here.
My advice is,never sell when the price goes down.And no,the btc price is not bothering me.There`s no reason for that.



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October 04, 2017, 06:48:01 AM
 #7

I bought my btc - DGB for a price of 0.00000693 last August and I'm trying to sell it for 0.00000800 for I hope that the btc will rise this September but I guess I was wrong - It's kinda frustrating to be honest.

Of all the altcoins you can choose from, why that? I believe that is one of the technically worst altcoins in the market because it is nothing but a fork of a previous version of Bitcoin.

Quote
To all my fellow traders out there, Does the price of the bitcoin is bothering you - what are plans ? will you sell or wait?

Bitcoin's price is good an rising and the plan is to keep holding and buy the dip when it goes down.

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October 04, 2017, 06:53:59 AM
 #8

The same thing happened to me brother. Around 8-9 weeks back i had bought some 2000 DGB at the price of 600 satoshis.
I waited for a few days for it to increase in price but the price decreased and came to 300 satoshis. I thought of averaging the price and so i bought another 2000 DGB for the price of 300 satoshis which gave me the average of 450 satoshis. Now I am waiting for it to reach 500 satoshis so that I can sell it off and get my return.

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October 04, 2017, 07:02:53 AM
 #9

I bought my btc - DGB for a price of 0.00000693 last August and I'm trying to sell it for 0.00000800 for I hope that the btc will rise this September but I guess I was wrong - It's kinda frustrating to be honest.
To all my fellow traders out there, Does the price of the bitcoin is bothering you - what are plans ? will you sell or wait?

If you know the coin well enough to trust it deserves to rise, then hold. It may take even years, but most good projects get to do well sooner or later.
If you don't know it (I don't) then you've made a mistake: don't trade low volume obscure coins you don't know :-/

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October 04, 2017, 07:05:25 AM
 #10

I don't know why you guys are going for DGB coin that is not traded often or i can say that is not as popular and volatile as BITCOIN and ETHEREUM.
And if at all you are trading it, then the small fluctuations should not bother you for any reason, no matter what happen to the price because you should always look for the longer term value and investment purposes for this low volatile coins. This is where the trader stuck because you don't have any plan for trading, you should not think after the trade has been placed but instead you should think twice before you take any trade's. when you can make a plan before you travel to any place then why cant you plan for trading where you invest your hard earned money .

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October 04, 2017, 07:07:55 AM
 #11

I bought my btc - DGB for a price of 0.00000693 last August and I'm trying to sell it for 0.00000800 for I hope that the btc will rise this September but I guess I was wrong - It's kinda frustrating to be honest.
To all my fellow traders out there, Does the price of the bitcoin is bothering you - what are plans ? will you sell or wait?

Of course when the price of bitcoin goes down, it will somewhat bother me initially. But if you try to look what's the reason for the downfall, you will think that it is temporary and the price can pick up anytime soon. My plan is not to sell but to hold it because I here for the long term. Actually you should be buying when the price is down, because you are getting it at a discounted price. As far as DGB, I'm not familiar with that coin and that only thing you can do is to coin on it and hope that it can regain to at least your target price before dumping it.

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October 04, 2017, 07:58:16 AM
 #12

Not at all. Every BTC bellow 3600 is good buying opportunity for me. right now i´ve not looked at the charts so much so i don´t know if we are seeing it touch those levels soon again or not. However i still feel that the 5k this year is a goal and alts are going up slowly as BTC is keeping is upward movemnt. As for your DGB hope you are successful. I have some to keep longer and some to sell in shorter term. But not before the 650  level, or maybe higher if i get some other coins sold before. DGB is still a long bet for me. let´s see if it delivers.

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October 04, 2017, 09:09:49 AM
 #13

what I don't understand about your post is what does bitcoin price has to do with anything! you made a mistake of investing in a pumped altcoin and then continued your mistake by holding on to it and eventually lost a lot of money because of your mistakes.

have you even check the charts before making the investment?



this coin has been worth 30-40 satoshi for 3+ years then suddenly they pump it to 2000 satoshi and on the way down you suddenly decide it is a good idea o buy and hold this coin and you buy on one of the dead cat bounces not even in its dip! you buy after price bounces up from 450 to 600 and hold it to today's price of 320.

I really hope you see your problem here and it has nothing to do with bitcoin price.

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October 04, 2017, 11:37:07 AM
 #14

well you made a wrong choice.
but honestly speaking i do not really understand what are you talking about.
are you saying that dgb price will increase when bitcoin price is increasing?
dgb and bitcoin move separately,when bitcoin is pumping every alts(including DGB) will be drowning.
so what will you do ?
you will lose it if you sell it cheaper,from my observation it should be have another pump in coming year.
try to hold it for a year and then sell it in there.
profit or lose it.

Bitcoin price will increasing and i believe in the next year if nothing goes wrong we should see another ATH.
when the price is consolidating,many people will try to make an opportunity to get more Bitcoin by pumping an alts.
just wait it in there and hold it.
just treat is as a saving,not an investment.

learn : before investing,never trust anybody or shill,

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October 04, 2017, 11:43:00 AM
 #15

I do not care about bitcoin if its price drops, as long as I just hold it for a while and if I have a chance to increase bitcoin I will do it. in trading so much bitcoin I'm thankful for DGB that's because I bought at a cheap price when I was 80sats ago and I sold a total of 1900sats. as long as I have the chance to multiply the bitcoin I grab it!

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October 04, 2017, 12:14:56 PM
 #16

I understand what op means and his plight. His dilemma is that of a trader or investor who wants to make money faster. He thus is stocked by market not giving him what his plans are. Therefore, if you see yourself as an investor, you should have the mind to always look at long term gains and not quick increase. Although, sometimes we are lucky and the market would obey our desire and at other times we might not be. So, do exercise patient for the market is not a stereotyped market. It is highly volatile. 
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October 04, 2017, 12:17:12 PM
 #17

Does it bother me? Nope. I really don't care if bitcoin crashes tomorrow. I don't care of it's short-term price fluctuations. I'm here for the long haul. This is an investment in the first place, don't expect top dollar gains in a few months. If everything goes right for bitcoin I'd expect good returns in the future.
Yes in investing you should be positive all the time. You should not think the way that everything will be destroyed but rather think that price will continually goes up. Your positivity will never fail you but making you successful.

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October 04, 2017, 12:27:06 PM
 #18

i think you made big mistake when you bought at 600 sat, but you still have a chance to see the price is increase but we don't know when the time is come. if you still confident with that coin, just hold it, wait and see later. the important lesson here is don't take all of your trust because of the pump and its only happen in one time, you need to check the real price of the coins before you decide to buy. many of us is trying to chase the coins when its high, just expecting that we can make profit but actually we are not make profit at all.

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October 04, 2017, 12:59:02 PM
 #19

i think you made big mistake when you bought at 600 sat, but you still have a chance to see the price is increase but we don't know when the time is come. if you still confident with that coin, just hold it, wait and see later. the important lesson here is don't take all of your trust because of the pump and its only happen in one time, you need to check the real price of the coins before you decide to buy. many of us is trying to chase the coins when its high, just expecting that we can make profit but actually we are not make profit at all.

I can't say for sure if it's a mistake. The Crypto market is very much unpredictable. Even the so called "experts" don't know when a coin Hits bottom or peak. The same goes for everyone including op



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October 04, 2017, 01:20:25 PM
 #20

Your entry point in hindsight looks like a mistake but that is now in the past and you have to look for a good exit point. I wouldn't sell at the moment at a price of ~300 satoshi and would instead look to try and recover slightly to around ~450 satoshi

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