Each time i sold i lost

[Apolo29]

I don´t have many btc and i believe in the crypto currency.

Every time i sold ( trying to rebuy cheaper ) because most of the topics where talking about capitulation, China ban, Russia ban, etc, etc, etc, finished loosing.

So i will HOLD, if it gets 10k or more i will sell and if not i will keep them in a pendrive till usb ports be obsolete.

Maybe it´s just i´m a noob trading, but needed to tell my experience.

[MatTheCat]

I don´t have many btc and i believe in the crypto currency.

Every time i sold ( trying to rebuy cheaper ) because most of the topics where talking about capitulation, China ban, Russia ban, etc, etc, etc, finished loosing.

So i will HOLD, if it gets 10k or more i will sell and if not i will keep them in a pendrive till usb ports be obsolete.

Maybe it´s just i´m a noob trading, but needed to tell my experience.

Don't pay attention to the posts that are clearly centred around some kind of emotional gratification, positive or negative.

[segeln]

I don´t have many btc and i believe in the crypto currency.

Every time i sold ( trying to rebuy cheaper ) because most of the topics where talking about capitulation, China ban, Russia ban, etc, etc, etc, finished loosing.

So i will HOLD, if it gets 10k or more i will sell and if not i will keep them in a pendrive till usb ports be obsolete.

Maybe it´s just i´m a noob trading, but needed to tell my experience.

best trading strategy :

BLASH

[JimboToronto]

I don´t have many btc and i believe in the crypto currency.

Every time i sold ( trying to rebuy cheaper ) because most of the topics where talking about capitulation, China ban, Russia ban, etc, etc, etc, finished loosing.

So i will HOLD, if it gets 10k or more i will sell and if not i will keep them in a pendrive till usb ports be obsolete.

Maybe it´s just i´m a noob trading, but needed to tell my experience.

best trading strategy :

BLASH

BLAH 

[wendel]

Yea Apolo29, I can share your experience.
But I guess losing isn't as bad as one might experience in the moment it happens. In the best case it helps you to gain more knowledge and understanding.
I now work hard on building up my own mind on the circumstances we are actually in, and appreciate those rare post of some members that don't follow all this "choo choo" and paint a bigger picture.

The biggest enemy is greed followed by fear and uncertainty.

Thx for your post
W

[atc1]

The biggest enemy is greed followed by fear and uncertainty.

Well said.

[Kluge]

I feel a lot better being paid almost entirely in crypto and buying fiat when it's cheap than the other way around. Fwiw.

[alfabitcoin]

And, you can not lost something you did not had. Lost opportunity is another matter, do not count it as a lose.

[segeln]

best trading strategy :

BLASH

BLAH  

BLASH is for traders and BLAH should be for weak hands (saves their nerves)

[Rannasha]

best trading strategy :

BLASH

Buy Low And Simply Hodl?

[segeln]

best trading strategy :

BLASH

Buy Low And Simply Hodl?

Buy Low And Sell High , old Himalayan wisdom

I think Jimbo Toronte meant by BLAH:
By Low And Hodl

[yatsey87]

I don´t have many btc and i believe in the crypto currency.

Every time i sold ( trying to rebuy cheaper ) because most of the topics where talking about capitulation, China ban, Russia ban, etc, etc, etc, finished loosing.

This is why it's risky trading this way. You might get lucky, but if the price ever skyrockets and stabilizes at that point you'll be left out and unable to buy back in.

[billyjoeallen]

Bitcoin tends to go sideways for months and then spike all at once, so day trading to increase your stash ends up being like: make a penny make a penny make a penny LOSE A HUNDRED THOUSAND DOLLARS!!!!!.....make a penny make a penny....

just hodl.

[piramida]

so day trading to increase your stash ends up being like: make a penny make a penny make a penny LOSE A HUNDRED THOUSAND DOLLARS!!!!!.....make a penny make a penny....

haha yes that is correct, you just described how Mat here trades. sell at 100 buy back at 800 go short at 700 wooot why no profit?

[paulus51]

buy low then say sell with a min 10-20 points higher then you bought it,

think at the fee you pay also : so here is a sample :

moon is now at 0.xxxxxxxx8 that is low buy how many ? your choice but not to muts i gues ;-)


then sell at say 0.xxxxxxx20 if you think it will reach that 20 otherwise sell them a bit lower or just hold them at 20 do not think i want that now ;-)


long term investments are ok, short terms is that you have to sit on it watching : buy / sell /buy/sell  ( like some panic sellers/buyers )...;-)


the " xxxxxx"  ar fiction its the end numbes what counts here

[Kaiji]

I don´t have many btc and i believe in the crypto currency.

Every time i sold ( trying to rebuy cheaper ) because most of the topics where talking about capitulation, China ban, Russia ban, etc, etc, etc, finished loosing.

So i will HOLD, if it gets 10k or more i will sell and if not i will keep them in a pendrive till usb ports be obsolete.

Maybe it´s just i´m a noob trading, but needed to tell my experience.

Don't be hard on yourself, common sense doesn't seem to work in this current bitcoin environment. Patience is the key, just wait for an opportunity rather than forcing one to happen.

[hilariousandco]

Bitcoin tends to go sideways for months and then spike all at once, so day trading to increase your stash ends up being like: make a penny make a penny make a penny LOSE A HUNDRED THOUSAND DOLLARS!!!!!.....make a penny make a penny....

just hodl.

Ha, I agree with this. Day trading is too risky, and if the price spikes due to some good news and you ain't got any Bitcoins because you're tied up in some other coin or fiat, you're fucked.

[Chancellor]

Maybe it´s just i´m a noob trading, but needed to tell my experience.

The first step is to stop looking at the past graphs and thinking "how much I could earn if I sold and bought optimally". Noone can do this. Then some patience is needed and of course ignoring all these "panic sell" and "CCMF" posts. In fact both will happen when noone expects them.

Personally I've implemented a very simple bot, which can react, when I'm offline. My strategy can be summarized by "It is better to earn 10%, even if others earned 50%, than loose 10%". Seems to start working after initial period of learning.

[Apolo29]

Really appreciate all your post, thanks a lot

[johncarpe64]

I don´t have many btc and i believe in the crypto currency.

Every time i sold ( trying to rebuy cheaper ) because most of the topics where talking about capitulation, China ban, Russia ban, etc, etc, etc, finished loosing.

So i will HOLD, if it gets 10k or more i will sell and if not i will keep them in a pendrive till usb ports be obsolete.

Maybe it´s just i´m a noob trading, but needed to tell my experience.

Well, everybody does that mistake. Just HOLD!!