Trading dilemma

[Lanatsa]

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.

These kind of emotions is really common on most traders which we do really doubt and panic somehow if we do see our portfolio on reds and same as you said not only DGB is experiencing this stuff but most altcoins in the market are on reds now.This is really just a common thing that do happen specially when theres an event on bitcoin.Actually you didn't still lose money as long you are still hodling on your coin possessions.

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[MyIdeas]

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

I have learnt this thing from my experience and that is you never lose in the world of trading. You either earn profit or you learn some experience. If you ever suffer any loss and that too because of doing some wrong decisions, then you need to learn from your mistake. It is the trading dilemma that most of the traders jump into trading without having enough knowledge.

[dameh2100]

I just thought I had a problem like this, I bought 4118 worth 203 satoshi last night and then did not reach my target price. Thanks for the thread, I still believe in these coins that this coins can still increase more at my target price.

[Capeshifter]

markets has ups and downs.. that's just how it is. If it was only going up everyone would be in it, that's why many traditional traders and the "common" population don't want to have anything to do with cryptoland, it's volatile for the exact reason you mentioned, prices go down too much and might not increase for a couple of months, but if you try to start thinking long-term, you'll notice that evetually the price always goes up.. since we are in an all-time high. That means that throughout the entire history of Bitcoin, the price until now has increased and will continue to do so most likely

[konco_kenthel]

I'd better wait until the price is high again even though it takes a long time but I make it as a motivation in testing the patience will end up until when it is certain To get big profits in the future.

[Pamadar]

I just thought I had a problem like this, I bought 4118 worth 203 satoshi last night and then did not reach my target price. Thanks for the thread, I still believe in these coins that this coins can still increase more at my target price.

if you are a patience person yes your target will be reached in due time, just need to select quality coins project that have real uses and expect that the price will
bounce up to your desire value, most of the time people got reacted so quick and forget about the principle of never to sell at your loss better to hold and wait just
take time to forget for a while than to lose your investment.

[taxmanmt5]

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?

Sitting at $600 over the beginning of the month? Not depressed at all. I love the fact that people crapped themselves and bailed, that is where the finer points of the price changes just hit that perfect note and make the whole system awesome. I swear that just getting rich is fine, but watching all those that thought they knew it all fail and die, that is great. See the bitcoin price now and see how high it i will go now.

[otunayode]

Trading could be confusing at times. You may be shorting on crypto you thought my not take off and before you say jack market decide for such coin differently. I do not sell my bitcoin as a matter of conviction!

[Casdinyard]

I'd better wait until the price is high again even though it takes a long time but I make it as a motivation in testing the patience will end up until when it is certain To get big profits in the future.

Patience is always needed when holding our coins. When you don't have patience for holding these you might end up selling it knowing you're losing. Yes our emotions are hard to control when you see your coins crashing but if you're confident that your coins will soon recover then there's nothing to worry about.

[omonuyak]

How bitcoin move in price do not border me much as I have been in this game for long. What I always do, is to be carefull when I buy. I do not just buying at any price. I bought bitcoin and any coins when the price is low and sell them when the price is high. If you follow this simple rules you will not have mush worry in trading.

[yaelahwall]

for now you can sell it because the time ahead bitcoin price will be more expensive again

[richminded]

I just thought I had a problem like this, I bought 4118 worth 203 satoshi last night and then did not reach my target price. Thanks for the thread, I still believe in these coins that this coins can still increase more at my target price.

Yes of course, what ever coin you hold for now will surely pump specially in the future. In trading you don’t always need to trade everytime sometimes you just need to stick on your plan, be patience and learn to cut losses. At the end you are in good market and there is no other way for cryptos but to go up.

[prtty2gal2]

for now you can sell it because the time ahead bitcoin price will be more expensive again

There is no point of selling your bitcoin when you are well aware of this thing that the market price of bitcoin will for sure increase in the coming days.

As far as trading dilemma is concerned, I think that the worst thing which is ending the carriers of most of the traders is that they jump into the world of trading without having any good knowledge about trading and the things related to trading which results them huge loss.

[crazycatwoman03]

for now you can sell it because the time ahead bitcoin price will be more expensive again

There is no point of selling your bitcoin when you are well aware of this thing that the market price of bitcoin will for sure increase in the coming days.

As far as trading dilemma is concerned, I think that the worst thing which is ending the carriers of most of the traders is that they jump into the world of trading without having any good knowledge about trading and the things related to trading which results them huge loss.

That is right,  there are people who have just started in trading but acts and talks like they have been trading for years.  I won't wonder if they will suffer a huge loss in the future.  Another thing is that some of them are very aggressive in wanting to earn profit.  They have just started but is so eager to earn already and it is very annoying.  Anyways,  we should just pray for them.