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Author Topic: Hold or sell and buy back lower  (Read 1832 times)
JoshuaBlack1 (OP)
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March 16, 2018, 12:49:05 AM
 #1

Hi so do people think it's worth learning chart tracking, technical analysis in order to sell and buy back Lower to increase my position. With all of these recent drops I feel I'm wasting opportunities because I've been told it's always better to hold. I value this strategy but would it not also be beneficial to maybe think about looking at some charts?
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March 16, 2018, 12:55:17 AM
 #2

 I bought some alt coins when they were "crashed" to very cheap price line, that was a gift I think.
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March 16, 2018, 12:58:31 AM
 #3

Mengenai tahan,menjual dan membeli kembali tentang bitcoin itu tergantung bagaimana sikap dan tindakan kita dalam pergerakan laju bitcoin tersebut.Hanya kita selaku para bitcoiners yang bisa mempelajari hal tersebut.Alangkah baiknya kita berdiskusi dengan sesama para bitcoiner untuk menentukan perkembangan terkini dari segi harga nilai jual,harga nilai beli ataupun menahannya itu adalah keputusan dan kesimpulan setiap pengguna bitcoiners.
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March 16, 2018, 02:12:40 AM
 #4

Hi so do people think it's worth learning chart tracking, technical analysis in order to sell and buy back Lower to increase my position. With all of these recent drops I feel I'm wasting opportunities because I've been told it's always better to hold. I value this strategy but would it not also be beneficial to maybe think about looking at some charts?

In my opinion holding is overrated you have to actively manage your investments, crypto is highly volatile. I'd say that in a bullmarket holding is just fine but not in a bear market. I sold everything off before shit hit the fan and I'm hearing stories everywhere of decimated portfolio's that are -70% or more. Unless you're willing to sit trough a bear market which can take years holding will work for you but if you care a little more about your investemnts and aren't sure if they will come out right then you're better of actively managing them. Having some more in-depth market knowledge sure can help.

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March 16, 2018, 02:25:00 AM
 #5

If you can monitor it and your buying point will be reach. You could sell it and buy it on dip just to increase the size of your holding coins but if you can't monitor it is ok just make sure you will add your position when it goes dipped.

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March 16, 2018, 03:16:52 AM
 #6

Hi so do people think it's worth learning chart tracking, technical analysis in order to sell and buy back Lower to increase my position. With all of these recent drops I feel I'm wasting opportunities because I've been told it's always better to hold. I value this strategy but would it not also be beneficial to maybe think about looking at some charts?
It's worth but the result will depend on your position and the crypto trend itself. As far as I know about the fact that crypto gets unpredictable movement. If you are wanna selling and then buy lower and never try to do that when the price get bearish trend or i can say if you will get a lot of lost. Only remember when it reaches bullish trend

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March 16, 2018, 03:23:09 AM
 #7

i agree with you that technical analys can help you to predict the coins trend. But, it is not exact 100% because the cryptocurrency is a new market and it is not perpect. Its actiity depend on the information too much. Beside using charts and models, you also need to hunt the news in the market.

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March 16, 2018, 03:29:12 AM
 #8

Hi so do people think it's worth learning chart tracking, technical analysis in order to sell and buy back Lower to increase my position. With all of these recent drops I feel I'm wasting opportunities because I've been told it's always better to hold. I value this strategy but would it not also be beneficial to maybe think about looking at some charts?

Only if you know what you are doing. It is good to do trading, buy low,sell high but not everyone is successful with it. It takes skills to do this. If you are willing to risk what you are holding so far, then go ahead. It is risky but also very profitable if you do it right.
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March 16, 2018, 03:30:35 AM
 #9

when you sell it gets a profit, then sell it and put a buy order with a low price.
if you sell, but lose, better hold it and use other assets to buy back.
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March 16, 2018, 03:38:06 AM
 #10

Knowing Technical analysis is surely useful if you want to take advantage of market swings and cryptos have huge swings. Just do not try going on margin/ high leverage and do not short. Those strategies are for very experienced traders.
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March 16, 2018, 03:59:56 AM
 #11

Hi so do people think it's worth learning chart tracking, technical analysis in order to sell and buy back Lower to increase my position. With all of these recent drops I feel I'm wasting opportunities because I've been told it's always better to hold. I value this strategy but would it not also be beneficial to maybe think about looking at some charts?
Yes holding is the best way to make profits but analyzing chart is also beneficial so it is better to buy at low then if you think price will seek at high price then sell it. Then buy again at low price it can be.
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March 16, 2018, 04:10:24 AM
 #12

I think it's too risky to sell when the bitcoin price is below $ 9000, it would be hard to buy back. Better to sell when bitcoin prices above $ 9000 and buy back when bitcoin prices below $ 8000.

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March 16, 2018, 04:22:12 AM
 #13

Its too late sell now, I think we can go much lower but what if not? Best strategy that I use just buy more on the dip and hold

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March 16, 2018, 05:20:14 AM
 #14

Hi so do people think it's worth learning chart tracking, technical analysis in order to sell and buy back Lower to increase my position. With all of these recent drops I feel I'm wasting opportunities because I've been told it's always better to hold. I value this strategy but would it not also be beneficial to maybe think about looking at some charts?
of course it worth it but it requires time and effort to learn technical analysis in order to spot support level and resistance to increase your position. You can make more money by doing it but if you are wrong in your analysis you can lose quite a lot compared to just hold the coin.

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March 16, 2018, 05:26:40 AM
 #15

One thing that I observe in this space is that human pshycology is more important than technical and fundamental analysis. I will suggest to have some fund in both fiat and BTC, because if the market is going to imporve soon, it iwill start with BTC price before the money move to Altcoin market
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March 16, 2018, 05:45:38 AM
 #16

basically when the coin is down, then the best thing is to resist as strong as possible, but if you have the confidence and dare to speculate by studying the chart in a few days, then continue what you believe it, because every time you've played treding then the main key is always confident with yourself, if you are confident and sure if you want to sell or buy coins, please do it, even if the situation is down or unstable, all in return again in accordance with the belief you have
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March 16, 2018, 05:59:28 AM
 #17

I think it's too risky to sell when the bitcoin price is below $ 9000, it would be hard to buy back. Better to sell when bitcoin prices above $ 9000 and buy back when bitcoin prices below $ 8000.

In the present condition of the market, the best option we have is holding and buy back when lowering only if you have money. We don't have any exact analysis how and when the market will recover because firstly bitcoin price should increase.


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March 16, 2018, 06:00:32 AM
 #18

HODL - look at the original HODL post and that should tell you all you need to know.

PS: (dollar) cost averaging is very helpful

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March 16, 2018, 06:09:34 AM
 #19

Hi so do people think it's worth learning chart tracking, technical analysis in order to sell and buy back Lower to increase my position. With all of these recent drops I feel I'm wasting opportunities because I've been told it's always better to hold. I value this strategy but would it not also be beneficial to maybe think about looking at some charts?
Now you can not buy even lower, only on the minimum positions, because the growth goes though not quite noticeable. The main thing will be convinced of the correctness of your strategy, that you chose exactly those coins that will give you a profit.
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March 16, 2018, 06:12:59 AM
 #20

It's worth Smiley. Price chart analyzing is the most important skill that you need to learn if you want to become a good trader. If you know about price chart analyzing, you'll know when is the best time to buy or sell that will help you make perfect decision although it's being in crisis time and the whole market is painted in red. Smiley. If you still don't know how to analyze price chart atm, I think you should take a course about it or you can try to use trading signal while you're learning this trading skill.

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