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Author Topic: sell or no??  (Read 1556 times)
wawo (OP)
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October 07, 2017, 01:39:46 AM
 #1

if the coin you buy suddenly goes down, what do you do?
panic sell or hold ??
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wolfracer
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October 07, 2017, 02:20:30 AM
 #2

if the coin you buy suddenly goes down, what do you do?
panic sell or hold ??

It all depends on what is the currency; If it is one that, I have faith in it and still has a promising future, I take advantage of its lower price to buy more and double my future earnings.

happyme1818
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October 07, 2017, 02:28:54 AM
 #3

if the coin you buy suddenly goes down, what do you do?
panic sell or hold ??

If it is for long term investment and you research that i has  good team with good roadmap, i suggest that you hold it. But if it is just a random coin that you buy and you just buy it because of hype, sell it to avoid further loss.
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October 07, 2017, 02:42:19 AM
 #4

if the coin you buy suddenly goes down, what do you do?
panic sell or hold ??
hold it until you get profit Wink
beginner traders will usually feel panic selling, if you see the price of coins you buy goes down.
I've often experienced it Grin
my advice should not be too focused on the market, because it will only make you feel panic to sell Tongue

carrie_white
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October 07, 2017, 02:51:51 AM
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most people will panic if their coins go down, but if you look back again, almost all atlcoin up and down, always like that, I just do not care how deep the coins I have fall, because I'm eyeing the long-term price

wawo (OP)
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October 07, 2017, 02:53:24 AM
 #6

of course must be hold because panic sell can be very harmful and very profitable for people who use it
stronghands4lyfe
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October 07, 2017, 03:01:10 AM
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Depends on a few factors like how much money you have, how much you are willing to lose, and on top of that do you have some faith in the company? If you believe in a project it can make holding easier through the

darker times. Also it matters why there is a dip because if the lead dev is gone or something like that then you should likely sell no matter who you are. Gotta take everything in then make a decision afterwards.

khokon150
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October 07, 2017, 03:03:39 AM
 #8

of course you can hold because when you bought any coin after that price is going down that means this time is loser you.So i think you can hold for few days than price is increasing than you can sell it's good decision.
Zack15
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October 07, 2017, 03:08:14 AM
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If it's a shitcoin PnD then yes sell before you lose more but if it's a legit coin with a track record and strong team with a vision then HODL!  Smiley
hieu81
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October 07, 2017, 03:09:30 AM
 #10

if the coin you buy suddenly goes down, what do you do?
panic sell or hold ??
If my coin suddenly goes down, coin price lost so i am hold this coin and wating ! Hope it may be come back
vandvl
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October 07, 2017, 03:33:08 AM
 #11

research the coin you hold look her graph if he is up and down...if his candle more in up than to down its better to hold wait for her pump dont panic..if your coin is falling down and never been up just leave immediately sell it..
omnik
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October 07, 2017, 03:43:07 AM
 #12

if the coin you buy suddenly goes down, what do you do?
panic sell or hold ??
I just buy more token, because i was selling my token before the price goes down. I will not follow the panic sell because that was just a trick from those are seeing it as a chance to make a lot of money from there.
Herbert2020
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October 07, 2017, 04:58:17 AM
 #13

if the coin you buy suddenly goes down, what do you do?
panic sell or hold ??

Stop Loss
it is a pretty neat thing. i suggest you learn more about it. here is something to get you started: www.investopedia.com/terms/s/stop-lossorder.asp

when a coin that you buy drops, your "stop loss" should kick in. it can be automatic using what the exchange platform offers you, or it can be a bot that you use, or it can even be manual where you just see the drop and dump. but you MUST have it. you prevent/stop your loss. and this is like the first mandatory step in trading!

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
mr.zet
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October 07, 2017, 04:59:25 AM
 #14

Unfortunately in most cases, panic
As practice shows, this is bad

An investment in knowledge pays the best interest
swoolzze
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October 07, 2017, 05:11:20 AM
 #15

if the coin you buy suddenly goes down, what do you do?
panic sell or hold ??

If that happens, I should keep calm and be patient. I'm gonna hold it until better profit comes out so that I can get much more money. I must be ready for this scenario to avoid in wasting coins.
licks666
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October 07, 2017, 05:31:15 AM
 #16

I always hold nowadays because I am longterm and have made various risk management calls on my portfolio and understand the risks I am willing to take.
Rj Manik
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October 07, 2017, 05:33:27 AM
 #17

It's depend on Reflecting on the crypto market,If the market is good and if your coin is profitable, then definitely sell it.And why do you sell it loss.
puremage111
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October 07, 2017, 05:48:18 AM
 #18

if the coin you buy suddenly goes down, what do you do?
panic sell or hold ??

Depends on how successful it can grow in the future, you wouldn't want to invest in pump and dump coins and it goes down and you hold.

But it really depends on multiple factors

-Do you need this money hard?
-Does it worth the holding time?
-Can its value grow faster in the future than converting it to your value flow and invest in other coins?

You gotta decide yourself Smiley
culuuton
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October 07, 2017, 06:04:47 AM
 #19

if the coin you buy suddenly goes down, what do you do?
panic sell or hold ??
If the coin need development time then your coin would be good to hold on to. If the answer is no, perhaps you should consider selling and purchasing other coins which you do think will be around for the long term.
zaq130
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October 07, 2017, 06:11:24 AM
 #20

How do you think the future of LISK.
I am holding it but now I am thinking that it is a risk.

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