glowing10
|
|
November 18, 2017, 10:48:11 AM |
|
Analyze the project before buying. Check the price, support and resistance levels and risk reward. If your research is done, no reason to panic sell One of the reasons why investors lose out money is due to panic selling. This has what has happened to many investors in btc case as well. They would have just earned superb profit by holding it but as market tends to dip they sell it and then the price rises way high making them lose those extra profits which could have earned easily.
|
|
|
|
adsdas
Sr. Member
Offline
Activity: 337
Merit: 250
https://streamies.io/
|
|
November 18, 2017, 03:49:01 PM |
|
It depends. I will research to find the reason why it falls down. If it's just a dump, I will still hold.
|
|
|
|
DRVX
|
|
November 19, 2017, 02:31:32 PM |
|
Of course you need to hold the coin until it grows and brings enough profit to your mind. Selling coins at a lower price will only lead to losses and experienced investors never panic.
|
|
|
|
dsaijz03
|
|
November 19, 2017, 03:26:59 PM |
|
it depends on you, remember coins are very volatile it may change many now or later. Do not feel bad if your decision does not goes what you expect but if it goes well then that is good.
|
|
|
|
kriptotr
|
|
November 19, 2017, 03:30:05 PM |
|
Of course you need to hold the coin until it grows and brings enough profit to your mind. Selling coins at a lower price will only lead to losses and experienced investors never panic.
This basic idea is not understood by most of the society. They want to act very quick and they make mistakes just because of the willingness of acting quick. They want to sell it to get rid of the loss. This is wrong.
|
|
|
|
Serg22
|
|
November 19, 2017, 03:37:37 PM |
|
I always try to wait, but as practice shows this is not always the right decision, many factors must be weighed to make the right choice.
|
|
|
|
thedarksun
|
|
November 19, 2017, 04:11:31 PM |
|
it depends on you, remember coins are very volatile it may change many now or later. Do not feel bad if your decision does not goes what you expect but if it goes well then that is good.
The best idea is to invest in coin that has some potential and even if your investment wont be good don't blame yourself and try again and again.
|
|
|
|
mostcrack
Member
Offline
Activity: 548
Merit: 12
|
|
November 19, 2017, 04:22:04 PM |
|
If the coins I bought were suddenly cheap, I'd better keep them and keep monitoring the coin prices if for a month or more my coin price drops continuously, I'll sell it or trade it even if it does not make a profit. Because losses are a risk to be faced.
|
|
|
|
QFT
|
|
November 19, 2017, 04:29:13 PM |
|
Big ups and downs are normal, but if you have invested in a "shitcoin" then you might not see the top ever again.
|
|
|
|
waitforme
Full Member
Offline
Activity: 618
Merit: 100
BBOD The Best Derivatives Exchange
|
|
November 19, 2017, 04:40:42 PM |
|
Depending on the coin you are buying, if the coin you are buying is capitalized, you will probably retain the price to return and vice versa to sell. You should combine the analysis and information of that coin to make the right decision for you.
|
|
|
|
krank26
Newbie
Offline
Activity: 17
Merit: 0
|
|
November 19, 2017, 06:46:15 PM |
|
Keep calm and go to gym. Decide after this activity. I often hodl but sometimes dump without profit. Patience is the most important thing if you decide to hodl.
|
|
|
|
Cryptotina
|
|
November 19, 2017, 08:01:32 PM |
|
I won't panic sell, but rather keep calm and hold.
|
|
|
|
TheAndy500
Sr. Member
Offline
Activity: 1232
Merit: 266
> CAMPAIGN MANAGER < https://t.me/TheAndy500
|
|
November 19, 2017, 08:19:07 PM |
|
if the coin you buy suddenly goes down, what do you do? panic sell or hold ??
Panic sale is the worst, just give it some time, if it is going only down try to trade it cause maybe other coin will be able to give you some earnings.
|
|
|
|
posporo
Member
Offline
Activity: 501
Merit: 10
★Bitvest.io★ Play Plinko or Invest!
|
|
December 20, 2017, 02:26:17 PM |
|
if the coin you buy suddenly goes down, what do you do? panic sell or hold ??
When the coin i buy suddenly goes down, i'm gonna simply hold it long enough to make more profit than its low price. In this case of things you must relaxed and just hold the coins you've got don't drop it. Keep safe for holding your coins to assure that you could make a lot of profit when selling for it in the right time.
|
|
|
|
Baronggot
|
|
December 20, 2017, 02:46:25 PM |
|
if the coin you buy suddenly goes down, what do you do? panic sell or hold ??
What's the reason behind you will buy altcoin and will press the panic button if the price goes down? Why not hold it and wait for its price to go up again? If it goes down more, then it would even be a good idea to buy more of that tokens.
|
|
|
|
Geoll29
Member
Offline
Activity: 266
Merit: 10
|
|
December 20, 2017, 03:24:57 PM |
|
Sell your bitcoin and leave your capital if the price goes way up high. Hold it if the price is lower than your capital
|
|
|
|
Georgi Tsankov
Newbie
Offline
Activity: 51
Merit: 0
|
|
December 20, 2017, 03:30:12 PM |
|
In long term almost everything goes up, so the question can be transformed to do you need the money now? If you need them badly sell, if no, than keep it up.
|
|
|
|
HeroicZ1
Newbie
Offline
Activity: 78
Merit: 0
|
|
December 20, 2017, 03:32:29 PM |
|
Sell when happy, if the current price goes below your average, cut your losses quickly. You will need to make your own decisions though and avoid asking for other's opinions if possible since it's your money you are risking.
|
|
|
|
umer6161
Member
Offline
Activity: 249
Merit: 10
|
|
December 20, 2017, 10:24:57 PM |
|
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. Absolutely agree. It depends on the currency, the whole picture. The chances are that it will rise soon afterwards
|
|
|
|
Dreamchaser21
|
|
December 20, 2017, 11:33:34 PM |
|
if the coin you buy suddenly goes down, what do you do? panic sell or hold ??
Panic sale is the worst, just give it some time, if it is going only down try to trade it cause maybe other coin will be able to give you some earnings. If its a good coin then better to hold on it, but if not learn to cut losses because you can still earn it in a better coin. But it will still depend on your trading strategy, always depend on it because this is how we make money in trading. Don't sell on panic always use your skill to prevent big losses.
|
|
|
|
|