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Author Topic: HODL or SELL during dip???  (Read 775 times)
South Park
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February 01, 2018, 08:28:30 PM
 #81

Why sell when it is in dip? Clearly, the answer is HODL but if you miss the chance to sell your coins everything has it's turning back point. So it is up to you on when to let go your coins but the risk here is you might miss the chance if you miscalculated it. Anyway there's no perfect time for everything and it is up to you to take that risk to sell or to hold. Be sure you don't regret your decision in the end because it's no use.
Holding is the only rational thing to do, right now the market is red and its losing a huge amount of money, bitcoin is below 9k a price that I thought we will never see again, but if we are to obtain profits then holding is the last option you have, after all selling when the price is this low will be a huge mistake, it is possible we see an even bigger reduction in the price as people begin to panic, but we must avoid being one of those people or we will face the consequences in the future.

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Lydian
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February 01, 2018, 08:32:45 PM
 #82

Exactly a month ago I still had 400 USD. I have not bought anything for a month and sold nothing. Today I only have 140 USD. Cool right? Smiley
Either zero or 1000 USD. Let's see if it will be possible in 2018 Smiley

I'm just saying HODL!
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February 01, 2018, 08:37:48 PM
 #83

HODL for dear life. No reason to get emotional at all. Just sit through it like a pimp and laugh at those weak hands selling at a loss.
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February 01, 2018, 08:49:12 PM
 #84

Depnds on what coins you are invested in. 99% of people have coins that arent going to change the world. Those coins should be sold, and the others should be held. If you dont think you should hold the coins, then why did you buy them? Lets be smarter as a community.

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February 01, 2018, 08:50:44 PM
 #85

It's too late to sell, you should have sold during the height around January 10. It was a short altcoin pump or rather like test pump and not the real bull trend we are all waiting for. Maybe sell during March to July season.


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SPINPIX
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February 01, 2018, 09:03:55 PM
 #86

well the best thing is to sell before the dip and buy during the dip  Grin, now it's too late to sell, you risk that just  few time after you sold btc starts pumping and you have to buy at an highter price, now just hold and don't panicsell

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February 01, 2018, 09:05:06 PM
 #87

Hodl, Hodl, Hodl

Hodl and my portfolio will go back to nice sphere or my portfolio falls to zero.  We will see.
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February 01, 2018, 09:05:23 PM
 #88

Important point here is that you should have your plan regarding several scenarios if you'll gonna enter some trade in any kind of market especially in cryptosphere. I know, it is very hard to do that but it will payoff big time if you try to do it once in a while. I'm not expert in doing this kind of thing but I'm practicing it in some of my trades (it is very exhausting to plan out everything every time you do a trade  Tongue ). And as much as possible, always have a price point where you instruct yourself to cutloss and move on. You'll always have the time to look for another good trade.
lovenlifelarge
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February 01, 2018, 09:12:45 PM
 #89

in just 1day, my 15k $$$ crashed down to 8k$$$, it really hurts, but at low times there will be definitely a big pump after. SEC and different institutions wanted to regulate crypto, if people will cash out every money they put in the project, our beloved decentralized community will crash. hodl everyone! believe in our projects!

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Apened
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February 01, 2018, 11:08:35 PM
 #90

Important point here is that you should have your plan regarding several scenarios if you'll gonna enter some trade in any kind of market especially in cryptosphere. I know, it is very hard to do that but it will payoff big time if you try to do it once in a while. I'm not expert in doing this kind of thing but I'm practicing it in some of my trades (it is very exhausting to plan out everything every time you do a trade  Tongue ). And as much as possible, always have a price point where you instruct yourself to cutloss and move on. You'll always have the time to look for another good trade.
Cut loss isn't necessarily if you're already at loss, it is hard to think for the the better move is to hodl., Anyway we have different strategies how to make move in this such kind of events or scenarios one thing is important how we can earn from it? I do hodl some amounts not selling it and buying more once it goes dump.
CryptoCY3366
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February 01, 2018, 11:16:19 PM
 #91

Doing proper research into your investments will enable you to never have to ask that question because you know how solid your investments are. No matter what the market does the strong projects will flourish and leave all the shit coins and scams in their wake to die off. Weak hands come from people buying on hype instead of researching good projects..

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February 01, 2018, 11:27:35 PM
 #92

I am a HODLER so I often end up still holding even if I really need to cut loss. I'm not good in selling my port since I am still in the process of collecting a few of some good altcoins out there in the crypto market. For me if you really need to cut loss because that coin is going bad, you don't need to wait for the dip to sell it as it loses its value more.
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February 02, 2018, 05:20:27 AM
 #93

never sell your coins at loss , it's just matter of time before market go green again , unless you are holding some shit coin

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February 02, 2018, 07:49:51 AM
 #94

never sell your coins at loss , it's just matter of time before market go green again , unless you are holding some shit coin

I think it is for shit coin too because that shit coin could increase again although it longer than the other coins because people are not interested in that coin. the hold is always the best way that we can do in this situation and we need to be patient for a while and in cryptocurrency is different than the other because we still have the opportunity to see the coin price increases back again. and now, after bitcoin and altcoin is down together, we don't have any choice than only hold the coins until the price increases back.

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February 02, 2018, 07:59:53 AM
 #95

Well guys, I see you are still in denial phase
 This will go much lower. Save yourselves
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February 02, 2018, 08:09:30 AM
 #96

Well guys, I see you are still in denial phase
 This will go much lower. Save yourselves

Think  5000$  is  the worst scenario

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February 02, 2018, 08:15:19 AM
 #97

Well yea most of answers will be hold because we all know no down trend is permanent in this business. It will go up just like way it went down. One thing you can do is to take your profit while it’s still not that bad so you can buy more when it makes dip.

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February 02, 2018, 08:18:03 AM
 #98

The worst case scenario is not $ 5,000. We can see much more evil. so selling everything may be a better option.
I do not have a lot of investment, so I'm a bit more Smiley

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February 02, 2018, 09:04:02 AM
 #99

The worst case scenario is not $ 5,000. We can see much more evil. so selling everything may be a better option.
I do not have a lot of investment, so I'm a bit more Smiley

FUD

5000$  is the worst, then the rise this spring
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February 02, 2018, 09:20:41 AM
 #100

Like most things, being panicked and making decisions based on fear will not bring the best results. When I see a dip, I either hold what I have or find something interesting that I feel is a bargain and accumulate more. Cooler heads always prevail.
That is the only way possible to make the most profit out of one’s investment. We need to think about all the possible ways of earning money. Most of the people have mindset that profit can be earned only if a crypto coin is bought at a low price and sold out when the rate is high.

But that’s not it. This is the simple truth. The more amount of crypto coin we hold, the more money we will earn and to increase that amount, dips are the opportunities.
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