Trading dilemma

[jiangweifeng]

Sometimes, just cannnot stop myself from trading, which give away a lot of money to exchanges, btw, I don't like poloniex at all, no support at all, issue never resolved, I still have a lot of coins not return back from poloniex...

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[13abyknight]

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?

Its quite a common confusion whether to accept the current price of Bitcoin or wait for it to go up a little bit. Most of the times, I tell myself that the price is going to shoot up and wait for the right moment. Overall, its an individual's unanimous call whether to spend and buy in or wait it out for some time to let the price go up and at times this can cause a lot of delay in trade which is clearly lost time unless the price skyrockets.

[Kemarit]

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?

Personally, I'm bothered if I see that the price go up after a made a few sell. But seeing the price go down? No, I'm not bothered because what I see in a good buying point once again. I'm sure that you are very worry some when you saw the price of bitcoin plummeted last Sept because of the China FUD. You need to understand that bitcoin market is not always bullish. There will be time that the price can go down as well. Let to control you emotions and have patience because if you can't then you will eventually end up losing your investment here.

[iv4n]

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.

that doesn't make any sense!
you bought an altcoin (DGB) on the way down while it was getting dumped and you are "trying to" sell it at 800 satoshi! what does "trying to" even mean? you bought the bubble and are left holding something that is losing value.
don't get me wrong DGB is one of those profitable coins for trading but your timing has been awful.

and i don't get why you are waiting for bitcoin price to go up. first of all it IS going up. secondly when it goes up DGB price has a bigger chance of going lower.

Yes his post doesn't make any sense! I'm glad that someone noticed that too!
DGB is cheap coin, they had awesome pump on +1000 and then drop, for months DGB is between 300-450 satoshis. I was earning DGB with playing lol, but that doesn't work for a long time, week or two ago I saw their new site, that are good news for them, but I didn't notice anything else new about them, and this didn't inflict the price.
I don't understand trading dilemma here, OP should sell his DGB long time ago, now he can keep them and wait for some future pump or to sell them and save him from losing more money.

[ronafurw]

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.

You are the boy with spirit. Yeah I am also a person with this mode of work. Short term and daily trade actually don’t work for me. I want some huge profit over a huge wait. Bitcoins are increasing, we all know. There will be some fantastic rates when we will be seeing bitcoins after a decade. So I am ready to save bitcoins until that day and future will be mine.

[Jack353]

A trader should never ask the question "Should I sell now or HODL?".
I presume that you are new to cryptocurrency trading, so you should read more topics here and gain more knowledge about trading. There is a lot of info around here (most of it is true and useful).

Good luck and make sure you research before you trade! SAY NO TO FOMO! 

[shursight]

But in fact, you are not losing money, because the price of bitcoin is increasing, and your value of those tokens is increasing in USD too, only that your btc balance is obviously decreasing. It means that btc is more strongest than digibyte, that is why most altcoins are in red right now, because alts are following btc pattern, but they can not follow it on btc price, because it is moving too quickly and a lot of holders are dumping their coins to buy more btc.

[Zadicar]

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?

Price movements do really bother us anytime because we do expect that price would go on what we are anticipated but not all the times price would go as we planned knowing that this crypto prices is way too volatile which do really sucks big time and would really put you to stress specially when you are already seeing negative floating into your money.Decisions would up to you if you do decide to cut loss or wait forever.

[Skyborn]

Why would the price of bitcoin bother? I am guessing you've sold all your bitcoin to buy digibyte and now your investment is going down quite a bit. You've got two options now. Either you take your loss. Or you hold until you sell for a profit.

[Nerman]

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.

I agree if you are new to trading you should educate yourself first before doing the real thing because you can be wipeout if you do not know what you are doing. If you do not have a trading plan most of the time you will be on a losing trade.

With your statement I think  you were just planning to day trade digibyte but last time I check the price is around 220 satoshi. If you are willing to hold the coin then just hold it, but it make take a while to break even. But me personally I will just sell it (not now since altcoins are dropping) take the loss,learn from it and move on.

[CyberKuro]

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?

DGB refers to DigiByte coin?
There is nothing to do but waiting until DGB recover to your initial entry point.
But, after checked DGB price chart on https://coinmarketcap.com/currencies/digibyte/, it seems DGB price ATH was 0.000019xx in May 2017, you may have to wait for months until this coin recover to 0.00000693.

[Haesoo]

But in fact, you are not losing money, because the price of bitcoin is increasing, and your value of those tokens is increasing in USD too, only that your btc balance is obviously decreasing. It means that btc is more strongest than digibyte, that is why most altcoins are in red right now, because alts are following btc pattern, but they can not follow it on btc price, because it is moving too quickly and a lot of holders are dumping their coins to buy more btc.

Yes it's true. Many now are have regrets for exchanging their bitcoin to alts as now bitcoin's price  is now in uptrend while leaving alts behind it. Many are buying now bitcoin so they can ride the train but thinking that the price now is not the best time to buy. But since they're all eager they still buy even though they know that they can only profit a little to this.

[Nerman]

But in fact, you are not losing money, because the price of bitcoin is increasing, and your value of those tokens is increasing in USD too, only that your btc balance is obviously decreasing. It means that btc is more strongest than digibyte, that is why most altcoins are in red right now, because alts are following btc pattern, but they can not follow it on btc price, because it is moving too quickly and a lot of holders are dumping their coins to buy more btc.

Yes it's true. Many now are have regrets for exchanging their bitcoin to alts as now bitcoin's price  is now in uptrend while leaving alts behind it. Many are buying now bitcoin so they can ride the train but thinking that the price now is not the best time to buy. But since they're all eager they still buy even though they know that they can only profit a little to this.

Right now Alts are on sale and probably will be still on sale until the Hard fork. Right now is a good time to buy altcoins. It's really hard to understand why people buy when price are increasing and selling when the price are dropping.

[hitrawal91]

Does it bother or not It all depends on the trader and his expectation from the bitcoin trading. For me it wont affect that much because i mostly play for long term investing and because of this i often take any actions on my trading positions for short term fall and rise which is purely due to speculation. Long time investing always gives us chances of exit and entries on right time because it gives us enough time to think and take decisions when we are in
 trading dilemma.

[ultrloa]

But in fact, you are not losing money, because the price of bitcoin is increasing, and your value of those tokens is increasing in USD too, only that your btc balance is obviously decreasing. It means that btc is more strongest than digibyte, that is why most altcoins are in red right now, because alts are following btc pattern, but they can not follow it on btc price, because it is moving too quickly and a lot of holders are dumping their coins to buy more btc.

Yes it's true. Many now are have regrets for exchanging their bitcoin to alts as now bitcoin's price  is now in uptrend while leaving alts behind it. Many are buying now bitcoin so they can ride the train but thinking that the price now is not the best time to buy. But since they're all eager they still buy even though they know that they can only profit a little to this.

Right now Alts are on sale and probably will be still on sale until the Hard fork. Right now is a good time to buy altcoins. It's really hard to understand why people buy when price are increasing and selling when the price are dropping.

The one will be the best buy for today is the ETH since the price of it is so cheap right now and I think most of the people prefer to hodl and buy the btc since the upcoming hardfork can make them earn huge since most of the people want to get some Bitcoin gold in return after the hardfork done. And if you look for the price they can earn already with it.

[Cacingkemi]

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?

Now down to 0.00000231BTC,I have seen this coin is only 50 sats unaware he will pump up to 600 sats.I think the original DGB price is only 100sats or less, you buy the wrong time only.If you believe this coin will up again,your just save it.

[TagaMungkahi]

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?

Don't be too emotional here. In investment and trading you should have a string emotional capacity to take this kind of ups and downs in the market. Always remember that everything will go to the upward rally. The question here is did you ever reviewed the potential of the coin that you bought? If not and if you think that coin is just for dumping then do not hope that it will go to upward rally.

[Ignacia]

Dgb is not bad coin, it already gave money to many in the spring, it has the potential to grow, another question is when it will happen, but maybe you are willing to wait six months or a year to make x2-x3. It makes sense to sellf only if you see other potentials from other coins, that can make profit early

[newlone]

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?

Waiting is a good thing but it is hard to be sure what, but wish you have the things you want. 
God watches over you.

[dioanna]

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?

wow i bought my dgb at 1000 how was that haha
its really kinda frustrating you know when your day trade turns into a long term trade but dont be too emotional
and be patient with your trades
sometimes you win sometimes you lose
well about the bitcoin price im really not bothered at all