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Author Topic: Lots money invested on cryptocurrency, should I sell for liquidity?  (Read 627 times)
BitcoinHunt3r
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October 24, 2018, 09:18:22 AM
 #41

It means a lot of people still don't know that money they used in trading or investment must be free money, i talk about money that we really not use even anything happen. To avoid that mistake, it is about ourself, we must know how to split our own money into many pieces.

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October 24, 2018, 09:45:56 AM
 #42

I invest in electronic money to make money. Even though I know that keeping them in the future will probably double your profits. But if I pay high price, I will sell the bitcoin I am holding. I keep them for a long time but no words because bitcoin prices are falling.
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October 25, 2018, 12:53:38 PM
 #43

This market is full of risk,  though we most take risks in other to be able to make money.  If you are losing and you sell at that price then you should expect bitcoin to losing money.  Trading bitcoin and altcoins market create opportunity for people  to make money and lose money.
Sure, there is that risk that will always be there, but the thing is that despite the risk, what you do about it is what matters the most. Trading, investing and making good decisions when it comes to any of them only has to do with how knowledgeable you are in most cases.

As long as you are able to learn, you will always be able to identify those opportunities that abound in the market and take it, and even be able to as well manage any risk that you get to see as well. It is the lack of this knowledge that has made a whole lot of people to end up screwing up badly either in their venture in trading or investment.
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October 25, 2018, 02:43:07 PM
 #44

If lots of your money was spent on cryptocurrency,
but now something emergency happened,
you need to withdraw those money,
while at same time,
if you hold still, there may be considerable profit in the future,
At this situation, What you will do?
follow us on https://t.me/DAGTofficial, and see what we gonna do~
Lol as if you can help us incase of emergency situations

And besides this is the problem if you are pretending to he a holder but the truth is not,being a Crypto holder you must be spending the money that you can spare,meaning you must forgot about the capital and you will only withdraw in the right time you alotted unto this.so you will be ready
blackhawkeye1912
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October 25, 2018, 03:32:26 PM
 #45

I'm assuming that you have bought your coins at high price. Now, the market has been in the downward trends since January, the question now is how about the invested amount if the market doesn't show any significant rise. This is the problem now, are you ready to lose your capital to avoid further loss?
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October 26, 2018, 07:43:13 AM
Merited by Ewinsane (2)
 #46

It means a lot of people still don't know that money they used in trading or investment must be free money, i talk about money that we really not use even anything happen. To avoid that mistake, it is about ourself, we must know how to split our own money into many pieces.
Whether it is free money or not, I believe the best thing for anyone to do most of the time is to gain knowledge first as that is what would determine how you are able to maximize even the little you have into something more in the long run. As long as you have great deal of knowledge when it comes to trading and risk management as well as money management, you will always be able to make great decisions without having to panic in the market at any point in time. It is only when you do not, that makes it a whole lot hard to not get burned eventually.

Now, the market has been in the downward trends since January, the question now is how about the invested amount if the market doesn't show any significant rise. This is the problem now, are you ready to lose your capital to avoid further loss?
I do see the problem of OP is just due to lack of proper planning. Yes, he might have planned for some other income streams for his liquidity. He should not have expected quicker returns out of cryptos. A crypto investor must be able to wait infinitely, yes, if he is unable to do so then it would be much better to skip cryptos for considering investments.

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October 27, 2018, 12:57:48 PM
 #47

I'm assuming that you have bought your coins at high price. Now, the market has been in the downward trends since January, the question now is how about the invested amount if the market doesn't show any significant rise. This is the problem now, are you ready to lose your capital to avoid further loss?
In most cases, things like what the OP asked are always dependent on you as a person. Considering the fact that there is a likelihood of sometimes tending to need some things to want to get done, and the only means you have is to pull out of the space, then I really do not get to see any other choice if the stuff cannot wait.

Apparently, for what it is worth, there is still always a chance to buy back in the long run, if you are able to know how to monitor the market. Comparing May to now, there have been some fluctuations and the market has gone lower, but in most cases, the choice is always in the hands of the individual and in that kind of scenario, I do not even think it should be asked in the first place.
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October 27, 2018, 01:08:18 PM
 #48

I'm assuming that you have bought your coins at high price. Now, the market has been in the downward trends since January, the question now is how about the invested amount if the market doesn't show any significant rise. This is the problem now, are you ready to lose your capital to avoid further loss?
This totally depends on the person and the situation of the market. Let me rephrase your last sentence, "Are you ready to let go your capital to avoid further risks and "opportunities"?". You see, I used the word "risk" and "opportunities" instead of just "loss". Since, holding your capital does not mean that you will be losing further in the future. The market is unpredictable, and selling off your investment means you are giving up the probable opportunities to make profit.

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Iceblast
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October 27, 2018, 05:58:08 PM
 #49

I'm assuming that you have bought your coins at high price. Now, the market has been in the downward trends since January, the question now is how about the invested amount if the market doesn't show any significant rise. This is the problem now, are you ready to lose your capital to avoid further loss?
maybe the person is stuck in a purchase at a high price, now the market has not recovered so maybe this can be used as a way to become an experience. when investment is losing now it may not be too forced to be in crypto, this is a process that must be carried out and done according to ability.

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October 27, 2018, 08:17:47 PM
Last edit: October 28, 2018, 11:30:37 AM by Question123
 #50

Incase you lost of your money and emergency you need a money you can withdraw if anytime you want. But I suggest withdraw only the money that you badley needed because incase the price of the coins that you have increase again possible also you get back your capital or even little money.
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October 28, 2018, 02:16:41 PM
 #51

If lots of your money was spent on cryptocurrency,
but now something emergency happened,
you need to withdraw those money,
while at same time,
if you hold still, there may be considerable profit in the future,
At this situation, What you will do?
follow us on https://t.me/DAGTofficial, and see what we gonna do~
Lol as if you can help us incase of emergency situations

And besides this is the problem if you are pretending to he a holder but the truth is not,being a Crypto holder you must be spending the money that you can spare,meaning you must forgot about the capital and you will only withdraw in the right time you alotted unto this.so you will be ready
That is one thing a lot of people do not always tend to get most of the time. They see a space that is growing and developing, they hear a lot of people are getting rich, they want to key into that, but they are not ready to try as much as possible to understand the space before getting in and then they tend to make silly mistakes like over doing things, or putting all their life savings, joining FOMO all because they are looking for quick means and then before you know it, they are panicking and looking for a time to even be selling at loss. The best thing is to put in what you can afford to see go down, have an understanding of the market and never get caught up in FOMO, take advantage of the dips and you will always be better off.
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October 30, 2018, 05:43:56 AM
 #52

I'm assuming that you have bought your coins at high price. Now, the market has been in the downward trends since January, the question now is how about the invested amount if the market doesn't show any significant rise. This is the problem now, are you ready to lose your capital to avoid further loss?
If we look at this in broaden view then it will clarify everything like if liquidity decreases then volatility will increase and when liquidity increases volatility will decrease so we need increase in number of participants in the market. This will happen only if number of people start investing here in the Bitcoin either with big amount or small amount liquidity will increase that will result in stability and increase in price without any downtrend.
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October 30, 2018, 06:22:29 AM
 #53

Incase you lost of your money and emergency you need a money you can withdraw if anytime you want. But I suggest withdraw only the money that you badley needed because incase the price of the coins that you have increase again possible also you get back your capital or even little money.


I totally disagree. If you are in dire situation and needed money then why not withdraw everything. What's important is the current situation, you needed all the money that you can get specially if its a life and death situation and totally forget about your investments.

Money would come, believed me. You can go back after everything's clear and if you have still some extra money then obviously you can buy and re-invest it on crypto and wait till it made a good ROI, rinse and repeat. That's why we have this old adage to invest what you can afford to lose, so that in case of emergency situation, you won't simply pull your investments and liquidate it.


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October 30, 2018, 06:55:47 AM
 #54

It means a lot of people still don't know that money they used in trading or investment must be free money, i talk about money that we really not use even anything happen. To avoid that mistake, it is about ourself, we must know how to split our own money into many pieces.
Of course that is one of the best and most important things that need to be kept in mind before investing in the crypto. You just disturb your investment plans and strategy if you consider the money you have put in crypto for emergency.

This should not be so. Those who let the money stay there for long reap its profits as well. In addition, one should always have extra cash for emergency that would be used rather than cashing the coins back in the down market. It shows the investor is not making rational decisions.
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October 30, 2018, 08:00:45 AM
 #55

When there is an emrgency need for money you have to sell your money don't look for profits at the emergency situation that is what my opinion here.But it totally depends on the person and their character there are sompe people won't lose their profis even for the medical expenses of their close relatives or family person.

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Bitcotalk
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October 30, 2018, 12:16:27 PM
 #56

This market is full of risk,  though we most take risks in other to be able to make money.  If you are losing and you sell at that price then you should expect bitcoin to losing money.  Trading bitcoin and altcoins market create opportunity for people  to make money and lose money.
I think it depends on if you believe in yourself or not. If you believe that when you liquidate your position and than trade your way back up than yeah you should do that, if you do not know if you will achieve that than don't. If you are a great trader than you can sell and than use that money to trade other stuff and work your way back up to what your bankroll use to be and that way you will still profit during these stagnant markets.

However if you just wait whatever you have could also rise with a bull market and make your money back. Bad thing about both sides is that, if you sell and trade than you may fail at that and lose even more, however if you wait than you are holding the same coin without profiting anything from it (thats why I prefer masternode coins because they yield or stakes at least). Try to decide how good you are trading and you will know the answer.
rickadone
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October 31, 2018, 02:48:31 PM
 #57

It means a lot of people still don't know that money they used in trading or investment must be free money, i talk about money that we really not use even anything happen. To avoid that mistake, it is about ourself, we must know how to split our own money into many pieces.
Of course that is one of the best and most important things that need to be kept in mind before investing in the crypto. You just disturb your investment plans and strategy if you consider the money you have put in crypto for emergency.

This should not be so. Those who let the money stay there for long reap its profits as well. In addition, one should always have extra cash for emergency that would be used rather than cashing the coins back in the down market. It shows the investor is not making rational decisions.
The idea of even being in this space is for the long term and that is basically one of the reasons why a lot of long term holders are still in this space at the moment and they have been able to reap the benefits eventually. Moreover, if you cannot see the future and invest because of that, all these will always be a problem to handle for such an individual, most especially when they just see this space as just some hit and run, get rich quick kind of thing. If you have invested lots of money than you can afford to see go down in the short term, then, that is a problem, but the only solution to that is to just believe in the future and wait for it.
Roukawa
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October 31, 2018, 02:59:10 PM
 #58

Investment in cryptocurrency can be a life changer. Do not sell all your investment nowadays because the market is on the floor. You do not need to rush everything because it might grow backwardly. The best thing must OP do is to find a source of income and stay away from his investment. Look when you will see it grows, you will become glad you hold it.

otundebis
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October 31, 2018, 09:48:19 PM
 #59

If something happens and you need to divest in order to attend to a very serious issues in your life,  definitely you will have to sell in other to be able to hold another day!  It is only when you are in the right state of mind that you can make decision to hold!

anume123
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November 01, 2018, 02:36:21 AM
 #60

I also investing in bitcoin and other crypto coins that have a potential and reserve as a coin for me. Maybe in the past days will increase the price and  earn a lot.

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