Learned so far, never sell Bitcoins out of panic in a dip!

[bluehodl]

Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond!

[BitcoinHodler]

the important thing to remember in an investment is to learn how to find the balance between selling/buying/holding. because you need to do all of these to be successful.

when price goes up, it will come down. you can see that all over the charts and it takes a while before it stops and reverses. one of the ways to increase your investment is to sell before the dip and buy back in it.

and before is not that hard to recognize. just look at how much price has dropped from the top. if it is bigger than 15% it is already late.

[ActiveWizard77]

Who knows, you might have done the right thing if it happened to be a real crash. We can never really predict the direction of BTC, what you can manage are your losses.

[squatz1]

the important thing to remember in an investment is to learn how to find the balance between selling/buying/holding. because you need to do all of these to be successful.

when price goes up, it will come down. you can see that all over the charts and it takes a while before it stops and reverses. one of the ways to increase your investment is to sell before the dip and buy back in it.

and before is not that hard to recognize. just look at how much price has dropped from the top. if it is bigger than 15% it is already late.

This right here, people seem to forgot facts like this. Bitcoin can't keep going  up forever, and you won't continue to be making money if you just keep buying.

People must also now that even though that they may have missed out in making money at this price by selling early, they must remember the money that they made by selling at the time they did. Sadly you will always miss out on things in life, it's not worth sulking while you can be researching the next HIT.

I missed out on a lot too, sulked for sometime and found out how useless it is to do that.

[Meepospammer]

the important thing to remember in an investment is to learn how to find the balance between selling/buying/holding. because you need to do all of these to be successful.

when price goes up, it will come down. you can see that all over the charts and it takes a while before it stops and reverses. one of the ways to increase your investment is to sell before the dip and buy back in it.

and before is not that hard to recognize. just look at how much price has dropped from the top. if it is bigger than 15% it is already late.

Aside from this fact, if any of you have noticed, everytime there's a fork specially hard bitcoin fork, bitcoin's price tend to dip. I think noting the specific dates of incoming fork will help you alot in deciding whether to buy or sell bitcoin. However, the decision is not mine to make. It is still in your hands, sometimes it's good to trust our instincts rather than the fact that is in our hands.
Good luck!

[zhekinsp]

Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond!

Yeah,you are right we don't have to sell our bitcoins when there is a price dip because it will recover from it soon.I think it os better to set a goal of when we have to sell our bitcoins like when reach certain price so it will help to avoid these kind of situation and just stay focused on when we have to sell.

[putrisa]

Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond!

it's best if you get stuck at a high price then wait until the price goes back up or you also invest in the existing altcoin to add the total bitcoin you have, do not sell your bitcoin at a cheap price if you do not want to get a loss.

[Boy0411Play]

just calm down if bitcoin diping it would be bounce back and break ATH again 

[AGD]

Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond!

Kudos for seeing Bitcoin as female. BTC

[iamTom123]

Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond!

I am sure that getting that one lesson can sometimes be costly. Based on my own experience and that of other people, getting into the panic mode can be costly! I once converted my Bitcoin into fiat money only to realized that after some hours the value of Bitcoin had already surged. That was one big costly lesson that a newbie like me had to undergo just to get familiarize with how Bitcoin can be volatile. In Bitcoin what usually came down can also go up and of course, vice versa. When analysts and experts are saying that the trend is upwards, please believe them even if Bitcoin will be having the necessary corrections. Those who have the "weak hands" will have to bear their tuition fees in the school of Bitcoin. One thing more is not allow anyone dictate your own decision -- do it by yourself based on the information you gathered and sometimes just based on your hunch but please no panicking. Panicking is the culprit here and one that can send you to hell. Just kidding.

[bigmaster23]

Having calculated the BTC unpredictable price you've really gotten it so far 'cause seeing the upcoming move doesn't that easy. Maybe hold it for some time and it will lead us to our financial problem solve.

[bill gator]

This is a very expensive lesson to be learned as soon as possible when you want to get involved with bitcoin; if you are somebody that cannot stomach knowing that the price is very mobile and constantly going up and down (more up than down, though) then maybe holding coin isn't for you, but I promise you're going to miss out; the best thing to do is to just learn your lesson, don't make the same mistake and more importantly do not make another mistake trying to do something "clever" to "fix" your mistake. You will end up learning another important and expensive lesson about mixing finances and emotions.

I've learned a few million dollar lessons in my life and most of them have come from bitcoin, long story short, hold onto your coins and ignore everything that you hear when it comes to panicky people making frantic decisions.

Did you end up selling all your coin at $16,000 or so and now you're freaking out about $20,000? I've had those days, they will come and go, just ante-up and get back in there before you regret letting it beat you out of the game!

[jayc89]

Having calculated the BTC unpredictable price you've really gotten it so far 'cause seeing the upcoming move doesn't that easy. Maybe hold it for some time and it will lead us to our financial problem solve.

Just keep the coins in the wallet for a little while longer, you will forget that you have them if the price gains get boring.

[YoungMaster]

for me when bitcoin enters the dip, it means buying signal.
buy low sell high

[tonysitaly]

You know, a commodity is never the highest and the lowest in the stock or futures market. Set your plan, get to the profit point and end up at a loss point. Investing is a very simple thing, and the key is to overcome your heart's greed and fear.

[HasHe]

Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond!

Yes.Bitcoin is a highly volatile currency.Its price either increases or decreases with demand variation.Its quite natural that newbies who actually don't know the price history of bitcoin would get panic on seeing such a huge dip in bitcoin price.Adding fuel to the fire,big whales try to spread FUD to make newbies panic and just make them weak hands and buy bitcoins at very low price.Later,newbies regret for their decision.Since bitcoin is an ever growing market,new investors continue to enter the market and buy bitcoins.That gives the big whales a continuous crowd of panic sellers.

[paolo099]

yep, at the first sight of dump do not panic sell but be ready to buy if you have money to invest.
Many sellers (casual especially) as soon as they see the price dropping they sell immediatly to stop their loss without thinking it will go back at full force in a bit.. use your brain while trading, ignore your emotions!

[vv181]

Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond!

Yes.Bitcoin is a highly volatile currency.Its price either increases or decreases with demand variation.Its quite natural that newbies who actually don't know the price history of bitcoin would get panic.

I believe not the only newbie who get panic, sometimes we who already have a little bit experienced about it sometimes we get panic. Its a good thing for OP to learn from other people mistakes. But I doubt people will not panic when Bitcoin does the correction, I mean the recent prices surges are really high and fast, that means the correction is will vice-versa and the panic seller could help it to be a nastier correction.

[Kotone]

Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond!

That is actually one that is a very hard thing to do especially if you are seeing bitcoin prices go lower and lower it tests everything that you have and it is also sending you messages that this kight be the time that bitcoin ends and fortunately it always bounces back

[unknown-user]

Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond!

This has been discussed for years that we should not sell whenever its market value is falling since like what usually happens, its narket value eventually rises after the downfall. Also, we should not be surprised with the backdrops since Bitcoin is volatile in nature so backrops should be always expected. Just Hold.

[Tamilson]

Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond!

It seems that you're just new here and don't have any idea how bitcoin behave for the past few months that if bitcoin had underwent some dips then expect a rise afterwards. This has been the scenario every now and then so there's nothing to worry about. Hope OP learned his lesson and simply charge to his experience.

[Baimovic]

why it can happen to you? if you feel panic that makes you doubt, then I suggest you better hold it. until you see a greater advantage approaching you.

[sheryl26]

Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond!

Yes i also learned that because bitcoins are just a roller coaster they jusy go up and go down so whenever they go down just stay calm and do not panic because it is just a temporary drop bitcoins will not permanently drop no not this time because this is the perfect year for bitcoins they are successful very successful this period of time sp itbis impossible for them to lose their value because a lot of people are investing in them and more and more people are putting their money intp this so just take advantage to that thing.

[Dudeperfect]

Well, one should never buy or invest in the first place if he is not comfortable in holding in the possible worst cases. In the wild market like cryptocurrencies, 20% to 50% fall is normal and especially when you see that price is trailing at more than 800% level than that of a few months ago, it is likely to fall soon and if someone is not comfortable to hold in such situation then it's better to cash out instead of blaming the situation.

[dharnamonitor]

Who knows, you might have done the right thing if it happened to be a real crash. We can never really predict the direction of BTC, what you can manage are your losses.

Yes, you're correct somehow. But there might be a hint or signs before the real crash will happen. Anything can happen within just a short period of time like what we have witnessed in the bitcoin's price this year, we should know the risk and expect to lose once we started to invest here.

[v0rtecxz]

honestly for me personally, at the time of starting to make an investment, I often feel panicked when I see the coins that I bought suddenly decreased, and at that time I panicked and sold it all, not long after the price back to normal even more increased than before , and after the experience I have experienced, I begin to understand where the market is running and so volatile, where its prices are very unstable, but if you can take advantage of the instability you can gain many benefits

[Cammo01]

Provided you can afford to hold them anyway, and ride it out!

[ActiveWizard77]

Lesson learned. Never to panic in anything don't believe in people saying that bitcoins is just a bubble waiting to burst.

[Siopao]

Bitcoin is very volatile, the value is capable of changing from time to time. Whenever there is a price dip for sure it will get back on track and will rise again. So there's no need to panic about every price dip, just hold your btc.

[christian07]

Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond!

you can think like that but still it's no assurance here in crypto because we don't know what will can happen here in crypto in the future so for better you need to think all of the possibility so start to save btc,do buy and sell in trading,do join campaign,do faucet all the things that we can do here in crypto is better so the assurance of losing here is so low than to think negative like to lose or bitcoin will be gone.Moreover save also money in real life for the safe and wise future.

[btcjoin14]

Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond!

Bitcoin should get over twenty thousand dollars soon and then it will continue to get more pricey.

[speem28]

Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond!

Don't worry, it happens to a lot of people who are new and not familiar with how bitcoin's price really works. The important thing is, you learned a very special lesson that could help you in your future bitcoin career. There will be a lot of dips and pumps that will happen along the way so you should not get carried away easily by the looks of it. Just be wise with how you use your bitcoin.

[Kingofbitcoin12345]

Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond!

Understood but most has to,, not because they are afraid or not believing bitcoin but because they have to on financial reason.. Cultures and tradition differ a lot even on investment behaviour but that doesn’t it is generalized on one country but it matters a lot on financial status of an investors.. I always respect everyone choices and must accept the consequences after then no need to regret..

[Pursuer]

making mistakes like this don't matter. mistakes like selling in the dip or mistakes like buying on top and then experiencing a big drop and big losses.

what matters is what you do when you make those mistakes. because making them is inevitable. for example if you sold in the dip out of panic and price started recovering what did you do? most people stand around and watch the price go up wishing it would come back! but the successful investors buy back.

the same goes for buying on top and when price drops. you sell to prevent further loss and buy back after the drop was finished to recover the small initial loss and make profit on the recovery.

[jakelyson]

Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond!

The scariest thing to happen is you bought at the top and the price starts to drop immediately. For a newbie in bitcoin, that is really scary. It is a good thing you learned to become a holder early. Just do not get caught with FUD and even if the price corrects, you will be fine. Even better, forget about your bitcoin for a while and get surprised with the price after a year.

[roos]

Most people who just started in crypto currencies have had this.
If you're buying for the long term, then it might be a good idea to withdrawal them to a wallet instead of the exchange,
so it's not that easy and tempting to sell it as soon as it's value is going down.
But you learned from your mistake, so that you won't make it another time.
That's worth something as well.

[TechBullion]

I learnt this a long time ago. BTC works like magic, you can't always predict the next move.

[hassan.shakeel.rajpoot]

Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond!

Some sell it out of panic some sell it out of need. But yes, saving it right now is more profitable than selling it. It's price is rising spontaneously and the peek is nowhere near. That means more rise in price, more profit is expected. 

[randal9]

making mistakes like this don't matter. mistakes like selling in the dip or mistakes like buying on top and then experiencing a big drop and big losses.

what matters is what you do when you make those mistakes. because making them is inevitable. for example if you sold in the dip out of panic and price started recovering what did you do? most people stand around and watch the price go up wishing it would come back! but the successful investors buy back.


the same goes for buying on top and when price drops. you sell to prevent further loss and buy back after the drop was finished to recover the small initial loss and make profit on the recovery.

an excellent remark...even if the mistake is already committed, you need to instantly draw conclusions and move on, and don't continue to be in a panic

[Kim Ji Won]

Your emotional capability to handle news about bitcoin will be a great factor that will help you to avoid this common mistakes of a newbie. We should always stay calm no matter what we might heard from other people about bitcoin. But this mistake of yours is okay, because you learned an important lesson in making decisions about bitcoin.

[Sithara007]

Most of the experienced users have realized this. They will stay away from the FUD-spreading mainstream media. But can't say the same about the new users. They are more likely to dump their coins, under the influence of negative propaganda. But I would like to make clear about one thing. If you are investing in BTC, don't expect profits over-night. Be prepared to hold on to your coins for at least 2-3 years.