Bitcoin Forum
December 15, 2024, 04:57:47 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: As a newbie, what would you do now... (Sell profits, or buy more Dips?)  (Read 713 times)
cryptoXeon
Newbie
*
Offline Offline

Activity: 27
Merit: 0


View Profile
October 15, 2017, 11:45:36 PM
 #21

BTC for most part is at upward trend and with market susceptibility if we keep the Stop Loss in place wouldn't it be more safe to trade then Altcoins.
Also for Litecoin hodl or keep only for short term.
ElegantCy
Full Member
***
Offline Offline

Activity: 424
Merit: 100



View Profile
October 16, 2017, 01:37:16 AM
 #22

As for btc right now, I won't do anything, cos it will sure see a bulltrend towards 25th.

Would convert half to usdt on the 24th, one half is to receive btcgold, the other half in usdt will be used to purchase cheaper btc after 25th as most traders will be dumping their btc for alts.
Either way, it is a win win situation.
p3rplexamous
Member
**
Offline Offline

Activity: 95
Merit: 11


View Profile
October 16, 2017, 03:12:04 AM
 #23

Hey all,

I am new here, and got my start JUST as this China news was rolling out. I missed my buy option for $1,000 right as it broke below $3,000, but got in the next night at $3,500. I bought some alt-coins and have been sitting, watching, ever since.

I am wondering what you seasoned vets would do right now. I know a majority option would be HODL, but honestly, this is quite good profits for only a few weeks. Really wondering if you all would be for or against liquidating now, and re-investing profits, since they are around $450 ATM.

I'm thinking if I only reinvested profits over the next year, I could keep all "real" skin out of the game, and creep my way up to a full 1 BTC in profits. With prices rising, though, that may continue to get more and more difficult.

I have some small amounts of BTC bought more toward the $4,300 mark.  Was also thinking of selling those portions at profit now, building up my FIAT over the next few months, and buying a larger chunk if we dip well below $3,800 or so...but that of course may never happen.

Here's where I'm at :

1.) .50 Ethereum @ $325 (current loss $-12.50)
2.) 10 NEO @ $20.50 (current profit $80)
3.) 200 BQX @ 0.75 (current loss $35)
4.) .40 BTC @ 3,700 (current profits $426)

Current total profits : $480 or so.

Definitely HODL'ing NEO and BQX.

As for BTC...

What would you do?

In since early 2013.  My biggest advice would be, don't try to time the markets.  You will inevitably hear stories of people making lots of money, timing trades perfectly, and it will leave you questioning your portfolio, trades and history, but that person will most likely not be you.  And even if it is, you might be right on one trade, but horribly wrong on the other.  Holding isn't sexy, holding wont make you rich over night, and holding might not return the same gains as if you timed the market right, but holding is safe and if you pick the right coins, buy in low and just hold, as long as you believe in the currency no matter the price, you will be ok.  In 2 years from now, everything that is worth anything will most likely be worth multiples of what the current price is.

Buy, hold, store somewhere safe (hardware wallet) and keep buying whenever you can.  $20, $50, $200 a month, whatever you can.

Best of luck
masonli@M_27
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
October 16, 2017, 06:28:34 AM
 #24

Hey all,

I am new here, and got my start JUST as this China news was rolling out. I missed my buy option for $1,000 right as it broke below $3,000, but got in the next night at $3,500. I bought some alt-coins and have been sitting, watching, ever since.

I am wondering what you seasoned vets would do right now. I know a majority option would be HODL, but honestly, this is quite good profits for only a few weeks. Really wondering if you all would be for or against liquidating now, and re-investing profits, since they are around $450 ATM.

I'm thinking if I only reinvested profits over the next year, I could keep all "real" skin out of the game, and creep my way up to a full 1 BTC in profits. With prices rising, though, that may continue to get more and more difficult.

I have some small amounts of BTC bought more toward the $4,300 mark.  Was also thinking of selling those portions at profit now, building up my FIAT over the next few months, and buying a larger chunk if we dip well below $3,800 or so...but that of course may never happen.

Here's where I'm at :

1.) .50 Ethereum @ $325 (current loss $-12.50)
2.) 10 NEO @ $20.50 (current profit $80)
3.) 200 BQX @ 0.75 (current loss $35)
4.) .40 BTC @ 3,700 (current profits $426)

Current total profits : $480 or so.

Definitely HODL'ing NEO and BQX.

As for BTC...

What would you do?

it is depends on market demand.so i would like to buy some alt coins and some bit coins. present i.m trying to buy first bit coins. so buying price and selling price depends on market demand. so first we have to take chance buying next keep hold it few months or few years next sell it then you get more profit in the market. so it is one of the good chance investing coins and earning price.not only bit coins alt coins and eth coins also has great demand.
Sony.UK
Full Member
***
Offline Offline

Activity: 532
Merit: 103



View Profile
October 16, 2017, 12:55:38 PM
 #25

I would better buy and earn more bitcoins now than selling the bitcoins i have now. The value is increasing now. BTC growth is going to be more awesome. So better earn and save the bitcoins we have now.

Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!