izzymtg
Newbie
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Activity: 23
Merit: 0
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January 21, 2018, 11:55:51 PM |
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Stop buying high and selling low you are just draining the market cap... if you bought something you should have done your homework and believe in the project and If that is the case then stop whining when it drops 30-40% following BTC. Then you selll in a panic and poof there goes market cap....
Hold your shit and let New $$$$ come into the market. Stop giving it to the millionaire day traders manipulating the share prices...
End of rant
Mate, you are correct. The big traders always benefit from this kind of season where the value of Bitcoin is going down. They will try to buy all the coins at the lowest price and once the price goes high up again they will sell it again to those who want to invests. We need to hodl our coins so that the market value goes up again. Selling our coins will benefit on decreasing its value. in other words, do not be a PANIC SELLER. |
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Dreamr
Member
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Activity: 263
Merit: 10
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January 21, 2018, 11:57:44 PM |
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Hodling bitcoin is always better than selling bitcoin more especially in the correction period like this.
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mrtryonebiggums
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Activity: 322
Merit: 111
Revolutionized Rotating Savings & Borrowings
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January 22, 2018, 01:16:44 AM |
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Don't know why you get upset every participant in the market is needed so it can function efficiently. Not to mention that trading is a zero sum game meaning not everybody can win, and knowing that the dips and highs will make more sense than currently.
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ohlawdy
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Activity: 259
Merit: 100
- "Bitcore (BTX) - The Future is Now"
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January 22, 2018, 01:19:25 AM |
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As long as people are stupid enough to put money in bitconnect .
Then they are also stupid enough to sell in a panic against a loss.
I think things like this will just come with the market end in the end is what makes you money also.
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jseverson
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January 22, 2018, 04:06:24 AM |
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Actually, do whatever you want. That is the entire point of crypto. You do you, and unless you're into some pretty illegal shit, then no one should stop you.
Do know, however, that this does make you a weak hand, and that you haven't really lost anything unless sell at a lower price than you bought.
Also, market cap is a relatively useless metric unless used to measure the growth of the entire crypto market, or to compare one cryptocurrency's overall value with another.
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Dapper
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January 22, 2018, 04:17:21 AM |
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Sorry, it's just the nature of the market. It's simple physics... most people cannot handle losses of 40-50% in a single day of their investment capital... which more often than not, is not truly disposable capital (that is, they can't afford to lose it).
Telling a gazelle not to run from a lion doesn't create a different result. You can't tell investors to be more liquid and indifferent.
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sent from my X6
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joinfree
Sr. Member
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Activity: 1246
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
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January 22, 2018, 04:22:10 AM |
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The problem is that buying during the dip and selling on the ath is not as easy as it seems, a lot of people say that this is the best thing to do, but they do not even know how to do it.. It is difficult, and you are never going to be able to predict a new dip or just a new all time high. It does not always workout either. I had lost a lot trying to do that in few alts and a few alts I HODL actually have gained more.
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Crypto Enthusiast supporting innovative ideas for the Liberalization of the world from the Centralized Institutions.
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Lindazz
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Activity: 238
Merit: 10
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January 22, 2018, 04:24:44 AM |
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It is true that most beginners because a message sold tokens, however, after the panic tokens prices rise again, they again to buy tokens, it's clearly a very foolish, should stop.  |
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markleal
Member
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Activity: 446
Merit: 13
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January 22, 2018, 04:26:27 AM |
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Stop buying high and selling low you are just draining the market cap... if you bought something you should have done your homework and believe in the project and If that is the case then stop whining when it drops 30-40% following BTC. Then you selll in a panic and poof there goes market cap....
Hold your shit and let New $$$$ come into the market. Stop giving it to the millionaire day traders manipulating the share prices...
End of rant
Hi there Jwillimsgator! Are you still fine? This is a reaction of some people that buy at high price and couldn't be able to sell due to the fact that they may lose money rather than gain for it. Welcome to the world of bitcoin price volatility, some are happy with it especially the day traders which you coundn't stop from doing their job because they gain profit by doing it. Just relax and wait for the moment the bitcoin reaches and could even surpasses the all time high of $20k, some say, patience is a virtue so that your money could earn revenue.  |
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Omega Weapon
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January 22, 2018, 04:31:07 AM |
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Stop buying high and selling low you are just draining the market cap... if you bought something you should have done your homework and believe in the project and If that is the case then stop whining when it drops 30-40% following BTC. Then you selll in a panic and poof there goes market cap....
Hold your shit and let New $$$$ come into the market. Stop giving it to the millionaire day traders manipulating the share prices...
End of rant
This may seem easy but in reality it is one of the the most difficult things a trader can do, holding while the price is down, those that are completely convinced of bitcoin can do that without any difficulty but not every person has the same conviction especially those that are relatively new, if our first experience in the market is to see a huge drop in the price then it is understandable that a person panics and sells for a loss. |
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tahmad
Member
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Activity: 252
Merit: 14
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January 22, 2018, 04:32:49 AM |
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Stop buying high and selling low you are just draining the market cap... if you bought something you should have done your homework and believe in the project and If that is the case then stop whining when it drops 30-40% following BTC. Then you selll in a panic and poof there goes market cap....
Hold your shit and let New $$$$ come into the market. Stop giving it to the millionaire day traders manipulating the share prices...
End of rant
I agree with you bro. But, if we know that it will drop. Then, we must sell it first (I meant stop loss) for some % loses. And we wait it for dip. In dip price we buyback our coins. So, we will get several coins from buyback, and then we just hodl till it goes up. We will get more benefits. |
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RAmondragon
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Activity: 197
Merit: 10
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January 22, 2018, 04:38:32 AM |
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Its easier said than done. If you are always guarding the price charts and you see everything goes down. You will doubt yourself if you want to hold on. But again, this is crypto we got ourselves into. The trends are normal although a little bothering at times.
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ridgeview123
Newbie
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Activity: 51
Merit: 0
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January 22, 2018, 04:42:24 AM |
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I think people have different trading strategy. When they sold at low they might aim at buying back at even lower price. Who know it might work and be beneficial for the cost reduction.
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Liquidathor22
Newbie
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Activity: 114
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January 22, 2018, 04:44:59 AM |
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It is due to the investors who have failed to do enough research before investing their money on cryptocurrency. Most of them came here and cry when the price had dipped very big, complaining and blaming crypto's for their current loss.
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befriendmywater
Member
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Activity: 658
Merit: 10
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January 22, 2018, 04:50:04 AM |
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Stop buying high and selling low you are just draining the market cap... if you bought something you should have done your homework and believe in the project and If that is the case then stop whining when it drops 30-40% following BTC. Then you selll in a panic and poof there goes market cap....
Hold your shit and let New $$$$ come into the market. Stop giving it to the millionaire day traders manipulating the share prices...
End of rant
I think with the present market, we just save every shit of us in USDT to stable it first. When the bloodbath is gone , we gonna come back strong. |
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Herbert2020
Legendary
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Activity: 1946
Merit: 1137
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January 22, 2018, 06:32:37 AM |
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Stop buying high and selling low you are just draining the market cap... if you bought something you should have done your homework and believe in the project and If that is the case then stop whining when it drops 30-40% following BTC. Then you selll in a panic and poof there goes market cap....
Hold your shit and let New $$$$ come into the market. Stop giving it to the millionaire day traders manipulating the share prices...
End of rant
so your suggestion to these newbies is to hold the shitcoins they are holding even if they are losing value and are dropping hard just because if they sell "they give their money to millionaires"!!! that is the dumbest suggestion i have ever heard! people should never continue sustaining losses just because someone else makes money if they sell. when the price of a shitcoin which was pumped is getting dumped you MUST sell it to prevent losing a much bigger amount. then... if you really believe in that shitcoin you can always buy back at the bottom when the dumping was done. but never hold it during the dump. |
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.
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kier010
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January 22, 2018, 07:10:26 AM |
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this thing is difficult to do especially to new investor when they buy high and the price starting to dump so they choose to sell or they just start to panic selling and buy again if it start pumping. and to traders they would not hold and wait till the price is low to sell their coins. holding or selling have 50/50 chance that you will gain/lose profit so it is up to them to decide what to do.
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Alpha0One1
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January 22, 2018, 07:17:23 AM |
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It's really difficult to gauge how a person should react to the current market correction:
1. Some would say hodl
2. Some would say get out and come back later and buy it at a cheaper price.
It's really up to the newbies - RISK TOLERANCE - if they can sustain a heavy loss and still hold or sell and buy at a lower price later.
So Patience, Time Horizon (when you'll need to use it) and Risk Tolerance are the 3 factors that I could think of that is important to get a good gain (or loss).
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Elmaistro19
Newbie
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January 22, 2018, 07:20:24 AM |
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I totally agree with you, I think it's greed, they want a quick gain with no risk.
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gribble
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January 22, 2018, 07:30:03 AM |
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Stop buying high and selling low you are just draining the market cap... if you bought something you should have done your homework and believe in the project and If that is the case then stop whining when it drops 30-40% following BTC. Then you selll in a panic and poof there goes market cap....
Hold your shit and let New $$$$ come into the market. Stop giving it to the millionaire day traders manipulating the share prices...
End of rant
Well let's follow the condition of market and starting makes money in this condition, trading is free market give the traders choice what will be done with their coins, the rules of trading is free for getting large of money and losing large of money in trading. They have knew about it, so relax dude and let's take the chance of this situation to make money.  |
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