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Author Topic: SELL EVERYTHING!!!!!  (Read 5747 times)
cloudproject
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June 12, 2018, 12:09:28 PM
 #361

to cut loses is just make you lose what you have, in this thing we must stay calm and still steady before you need to take the further distance and willing to sell that amount

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June 12, 2018, 12:13:40 PM
 #362

We have all different thoughts about bitcoin. We just need to take a lot of analyzation for our own trades. We should not be affected on our own downfalls and make this as inspiration for us. We should not take this as one of the reason to quit. Quitting is not the way of being successfull.

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June 12, 2018, 01:36:35 PM
 #363

Don't be panic just stay calm , it is just a normal case that altcoin sometimes will be dump but not all of the , some of them are having a good rate .You can sell some of your coins but not sell everything
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June 13, 2018, 02:48:54 AM
 #364

for the short term I guess what you say is true, but for the long term I do not think so.
in 2009 bitcoin is hardly worth at all and is now stagnant at 7k $ so I do not think this is a ponzy / game of money, it's more of a game where a survivor would be a winner, if a day trader is like a scheme you say then why not follow the flow Just do not fight the tide or you will drift.
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June 13, 2018, 02:55:01 AM
 #365

It is very hard to leave once you had made decent profit with this. There is not other opportunity that gives this much returns.
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June 13, 2018, 03:25:23 AM
 #366

only certain people people can control the trade in cryptocurrency, only people who have large capital can do that.

i beg to disagree, you know who? those are the people who unite in doing panic selling. they are the ones who plays a big role on trading, let us all face it, many day traders are out there, no matter how small or big their investments are, once they all move to sell their investments creates a trend, that will pass on to another panic seller and another and another. the results are obviously shown on the graphs, that is why we are experiencing ups and downs like crazy. lesser people are into long term investment portfolios, that is to buy, buy and buy then hodl. instead, this market is swarmed by day traders who are itchy to sell right away when they see the trend drops. 

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June 13, 2018, 03:30:57 AM
 #367

At least you sold everything in January. I disagree that alts take money away from BTC, I think it's the other way around. Whenever there's a price movement for Bitcoin, whether up or down, people seem to sell their alts.
The_Dark_Knight
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June 13, 2018, 04:42:54 AM
 #368

Yo I lost about %60 of my portfolio in the last two months but guess what

I'M NOT SELLING  Grin Tongue
If you sell then you lose the chance of recovering your money you should only sell your coins if you have no other option and you need the money or if you made a huge mistake and you need tor recover your money but if you can avoid it the best thing we can do is to hold, I know it is a very common advice but it is a common advice because it is the correct one.
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June 13, 2018, 04:49:53 AM
 #369

Yo I lost about %60 of my portfolio in the last two months but guess what

I'M NOT SELLING  Grin Tongue
If you sell then you lose the chance of recovering your money you should only sell your coins if you have no other option and you need the money or if you made a huge mistake and you need tor recover your money but if you can avoid it the best thing we can do is to hold, I know it is a very common advice but it is a common advice because it is the correct one.
cryptomarket definately different with forex market.in crytomarket although price decline sharply, as long as we hold our asset, we wont loss our money.and its possible to recover our asset value.
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June 13, 2018, 10:27:50 AM
 #370

Yes, the whales are manipulating this market, so that's for me personally, I'm trying just to stay on top of the wave, and have what is mine.

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June 13, 2018, 10:34:12 AM
 #371

So what? Bitcoin and crypto are dead? Whales are manipulating the market for sure, it doesn't mean that it's the end of the crypto, there are still interesting projects. And to me, we are still at the beginning of the crypto.

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Rufsilf
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June 13, 2018, 10:35:46 AM
 #372

So what? Bitcoin and crypto are dead? Whales are manipulating the market for sure, it doesn't mean that it's the end of the crypto, there are still interesting projects. And to me, we are still at the beginning of the crypto.
There is a panic selling because of the continuous dumping of bitcoin in the market and that made a lot of FUD to the people and they are quitting and selling their cryptocurrency to not experience a deeper loss but they didn't know that there is called cycle for cryptocurrency that after it goes down then it will go up again and give prosperous months for holders.

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June 13, 2018, 01:17:57 PM
 #373

Yes, the whales are manipulating this market, so that's for me personally, I'm trying just to stay on top of the wave, and have what is mine.

I agree let's not focus on something that we cannot control, rather keep focus of our own investments, let's face it, even in the traditional stock market, a lot of insiders are manipulating the price, but you will not hear a word from outside investors, because therr are so-called gurus teaching about investments and saying it is all but normal, well in fact it is price manipulation, same goes for crypto, the more coin you have, the more you can influence the price, but if you don't focus on how you will enter and exit an investment.
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June 13, 2018, 01:24:02 PM
 #374

I'm gonna be honest with you all , i have been trading/investing since 2017.



I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.



This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.
Go ahead, sell all you have right now and stand firm with your decision while the market keeps on getting better giving you regretful thoughts about listening to someone's point of view. Those who are in the higher position maybe benefiting over us but if we will work hard, we can be on that position wherein we get profit from the works of those who are beneath us.

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June 13, 2018, 01:38:21 PM
 #375

Selling all the BTC you have now is not a good idea. It will be better Hodl it for time more because BTC will soon come out of dip and it's rate will increase sporadically
Relax and be patient. Selling everything you have at a losing price is not a good idea. Do not get affected by those people, it's a trap from them. They spread FUD to let the price go lower and then they will buy at the lowest price.

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June 13, 2018, 01:59:55 PM
 #376

Honestly speaking, I can not help myself sometimes to think that same thing and a feeling that majority of crypto currencies are nothing but a scam. But seeing the other people making money on it from being nothing or poor into rich one is a thing that makes balance the situation. If crypto currency is giving chance to other to establish their lives it makes me feel better to support cryptos.

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June 13, 2018, 02:19:08 PM
 #377

Do not worry ... Bitcoin will be very popular in the future. It will most likely be applied to the shopping in life. In my opinion Bitcoin will increase again later this year, today is a good opportunity to buy. You should not sell it now.
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June 13, 2018, 02:25:09 PM
 #378

Yes, the whales are manipulating this market, so that's for me personally, I'm trying just to stay on top of the wave, and have what is mine.
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June 15, 2018, 04:39:25 PM
 #379

At some point you are right. However, one of the reason why cryptocurrency is profitable is also because of market manipilation. That is why most newbies lost money because they are not aware of this. Most people who are experienced enough knows how to handle the market volatility and manipulation, that is why they can profit from it.
In fact, the OP actually sound lame and not the kind of person one should be taking advice from. He earned $110000 and lost it all basically showed how stupid he must have been and even got lucky earning that much and I wonder why he is whining all about it and calling this a pyramid scheme. The Forex market fluctuates every day, but does that also make it a pyramid scheme? Some people just love to talk things that make them sound so lame. Selling all will only make such people lose out at the end of it all and start crying like a baby how they missed out.

Indeed it sounds too much absurd how he earned it and how he lost it immediately after that.  Roll Eyes

I dont think that this story is real in anyway and there is tiny chance that we are in the pyramid scheme. Its all about the real developments taking place in the projects that we evolving over the blockchain and thus making the progress in terms of gaining the market cap. Thats what gives them the prices, volatility and all the stuff that OP doesn't belive on. As far as I know there is no one who can earn 110000 USD in short period and loose it all. At least you should be little sensible when you will be loosing it, you could have stopped at least at some point.
That is right to say, bitcoin trading need to have good experience and skill, without having good skill in trading and investment you cannot make money from it, first you need to spend some good time in trading and after that should invest good money in trading bitcoin or altcoin.
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June 15, 2018, 04:46:10 PM
 #380

I'm gonna be honest with you all , i have been trading/investing since 2017.



I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.



This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.
.

It is quite true that in cryptocurrency, market is very volatile BUT the market is not manipulative in nature. Maybe for those whales or persons or individuals having a lot of investment in cryptocurrency would have do that but I am pretty sure not everyone of them. One example I can say is that they really just hodl is the Winklevoss brothers, the one who idealize the facebook way back then and are really interested in the cryptocurrency market.
What I can say is not to just tell that because you lost your money on trading, you will have that domino effect in all cryptocurrency in the market. We should not generalize the totality of cryptocurrency.
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