Trading dilemma

[WorldEG]

try to forget about them.
how much did you invest? on the long term it should become profitable at one point, right?

[1714983255]

1714983255

[1714983255]

1714983255

[Bitcotalk]

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

That is true and every trader no matter how pro knows that. However, there are some coins that are not worth getting into most especially when they are at their peak after looking at the charts from the previous.

As long as there is no positive news driving the growth, it is just a mere pump from group of individuals that ends up dumping fast eventually and ends up crashing and then leave some hanging for a long time if not forever until they give up on their holdings. No one will want to hold a shitcoin for long anyway.

[TooDumbForBitcoin]

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

Dgb is not that much bad coins as you are saying because dgb is going very high now a days because there is no update and users are keep buying so i will say that we should buy dgb because it will having a great future which will be the best thing so i will say that we should go for dgb because it is also too much great and better currency.

I hope that bitcoin fork will cause new money flow into altcoins with solid background. DGB is one of those.

[prtty2gal2]

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.

The averaging works too sometimes if you are lucky and I have done that several times. If I want to quickly discard a coin and it I look at the market trend, I just average it up or even add much more on the lower to make me sell at least a little bit above what I bought it.

We make mistakes as traders most of the time and sometimes we just end up with one of the shittest coin with the craziest support ever. The most important thing is to learn, find a way to get out and just get at least your funds back.

It does not always work though, cause even the average sometimes may still end up going bearish. I once experienced that shit with Komodo and it took me like 2 months to even get what I held back.

[pitiflin]

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?

It's trading that you're doing ffs. You need to have some patience if you expect a good ROI. It's only been like one month and a few days since you bought your DGB and you want to get good profit from it, you have got to chil and wait for the prices to increase, altcoins prices are likely to increase only after the hardforks get over.

[gabmen]

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?

It's trading that you're doing ffs. You need to have some patience if you expect a good ROI. It's only been like one month and a few days since you bought your DGB and you want to get good profit from it, you have got to chil and wait for the prices to increase, altcoins prices are likely to increase only after the hardforks get over.

Well dgb is a concern for all of us who've invested on it. I'm also currently at a loss with dgb though i'm not losing trust that it will eventually recover it's pace and at least get to my starting price to break even. It doesn't matter if it takes that long

[TheUltraElite]

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?

It's trading that you're doing ffs. You need to have some patience if you expect a good ROI. It's only been like one month and a few days since you bought your DGB and you want to get good profit from it, you have got to chil and wait for the prices to increase, altcoins prices are likely to increase only after the hardforks get over.

Well dgb is a concern for all of us who've invested on it. I'm also currently at a loss with dgb though i'm not losing trust that it will eventually recover it's pace and at least get to my starting price to break even. It doesn't matter if it takes that long

For those who have a dilemma over an altcoin whether to keep investing in it, my suggestion is that when you see movement in the rise then sell it and forget about it. It not worth it to ponder over an altcoin that you know that may not rise much in future. There are so many such examples of altcoins out there which had a hype during ICO and are now trading at very low prices or have been delisted already from exchanges. If you have money invested there then its better to move on and accept that the money is lost or hold it for selling in future.

[malikusama]

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?

Altcoins are not reliable for long term investment, you have experienced it (in DGB) that they are too risky while bitcoin is way better or best in this regard. Why bother when I am aware of bitcoin's price volatility. I and almost every bitcoin trader believes that Bitcoin is much reliable than any other crypto due to its strong loyal community, the price dips of bitcoin are temporary while growing worth is permanent day by day.

[asba]

Hard time for altcoins. You can wait or sell now for a loss. I would wait for sure.

[justdimin]

I hope that bitcoin fork will cause new money flow into altcoins with solid background.

I really hope so too. If all things should work well, at first we will get the BCG dumped for BTC, then after the coast is a bit clear, we will start seeing some of the altcoins rising again. Eventually, all the altcoins will bounce back to their original position even if it will take a while looking at the rate they have been massacred presently.

[TooDumbForBitcoin]

I hope that bitcoin fork will cause new money flow into altcoins with solid background.

I really hope so too. If all things should work well, at first we will get the BCG dumped for BTC, then after the coast is a bit clear, we will start seeing some of the altcoins rising again. Eventually, all the altcoins will bounce back to their original position even if it will take a while looking at the rate they have been massacred presently.

 I'm glad that I am not alone in my thinking . Good sign - we have some recovery in most prospective alts

[n691309]

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.

This has nothing to do with God. It has to do with you making a decision and owning up to your decision if you make them. Shit happens, and you may think HODLing is good but sometimes it sucks looking at the period you have to wait for.

The market is crazy at the moment and if OP has already made a huge loss on his trade, it is either he keeps HODLing hoping for the best if the DGB pumps or he just sucks it up and sell for loss, making plans to recover later on... The choice is his. For me, I will rather HODL and ignore the coin for now.

[monica69]

The interesting thing is that if there's enough people doing the same as me right now (seems likely), that reduces the buy pressure pushing the price down and once we do all jump in, it should rise again with a decent strength/speed.The plan is to time it to get an even better deal than if I were to buy right now.

[Wicked17]

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?

 just always look for a long term goal always and keep HODLing, this coin cannot become a rich coin in just a month or half a year. Probably you didnt have a so called beginners luck. Some news and speculation said that altcoin will go back to its orig price once fork has finished so lets see if it happens.

[DaddyMonsi]

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 I am in your place I would hold on to that Digibyte or DGB until the end of the upcoming hard fork. If you see the price of DGB going down it doesn't mean that will continue until it became worthless. Try to check for an update, read the road map when is the next event for this coin. Investing in Cryptos is not a get rich quick scheme, it requires research and patience.

[wayaneka]

I prefer to sell, rather than waiting for the uncertain when will the price rise, after  sell it, search and buy another coin that has more potential and have better fundamentals. It does take more time than hold, but it will give us experience in trading so that become expert in cryptocurrency trading later.

[johnne]

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

Dgb is not that much bad coins as you are saying because dgb is going very high now a days because there is no update and users are keep buying so i will say that we should buy dgb because it will having a great future which will be the best thing so i will say that we should go for dgb because it is also too much great and better currency.

[syaripudin]

Regardless of all the answers already mentioned on your question I will only give a little input, that trading activity is an activity that has a high enough level of risk, where you could have a loss on the trading activities you are doing. maybe you should continue to monitor the movement of crypto market that is moving so that you do not experience losses as it is today. and for the matter of when you should sell or buy, you should sell at a time when prices are rising, and buy them when prices are down. look for accurate information on how to become a good trader so you do not lose for the second time.

[rachelia13]

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 agree with you, you should not buy at 600 satoshi and that is a mistake, but because it has been bought I guess you just have to decided to be sold with the risk of lost or holding the coin and waiting for the price to go up but do not know when, my advise please do not panic buy just because many people bought when the pump price, better wait until the price down, hopefully be experience and not make a mistake again, Good Luck

[prtty2gal2]

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?

It's trading that you're doing ffs. You need to have some patience if you expect a good ROI. It's only been like one month and a few days since you bought your DGB and you want to get good profit from it, you have got to chil and wait for the prices to increase, altcoins prices are likely to increase only after the hardforks get over.

Well dgb is a concern for all of us who've invested on it. I'm also currently at a loss with dgb though i'm not losing trust that it will eventually recover it's pace and at least get to my starting price to break even. It doesn't matter if it takes that long

believe me mate! DGB is not just the only concern. So many Altcoins are experiencing the same blood bath. If I should look at some of my trades now with some of the altcoins I am holding, then I am pretty big in a huge loss but rather than selling for loss, I believe at a point, they will all get back to a point I can be sure selling them isn't bad. It is just a matter of time, as long as you know you aren't holding a coin that pretty sucks from afar.