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Mastsetad
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September 11, 2018, 01:54:07 PM |
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it is an obvious disappointment for those people who had sold their bitcoin with a lower rate.the sudden fluctuation in its value is very hard for people to understand.they get panicked by its effects.May be the answer to the question to a major population would be a yes
I guess it is time for people to realize that they should at least learn technical analysis because it is a big help to determine when you should buy or sell. You may not be right all the time when it comes to basing your buy or sell decision in technical analysis but it's better than a wild guess, right? If you are not willing to learn it then invest your funds regularly so that the volatility of the coins would not affect the price that much. Averaging down is good when it comes to investment and when you are down like this, you don't have a choice but to hold it. That is so easy to learn technical analysis, for that they need to spend a lot of time in the market, get some experience, learn trading skill and how to study the market and only then they can become able to become technically expert and give some good technical analysis about the market. |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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jfelix
Jr. Member
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Activity: 79
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September 11, 2018, 02:55:52 PM |
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Yes, what can I don! I prefer to sell when the price is green.
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best ever
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September 24, 2018, 05:46:54 PM |
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All of a sudden bitcoin jumped from 6.5k to almost 8k today. I believe those who made panic selling are very disappointed now. This is the reason why i said bitcoin investment is not only about risk taking. Am pretty sure no old member sold thiers at that cheap. Sometimes experience counts. Never think bitcoin is gonna die
I agree with you. When there is a lot of panic around and everyone sells their coins I hold bitcoin to enjoy good profits after some time. |
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Catswold
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September 26, 2018, 04:22:41 AM |
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The strongest argument for selling during a market correction (assuming you don't need the money and are long cryptocurrency, which I certainly am). Why not sell high and buy low? It sounds great, but... I'm just not that great at telling the future or timing the market. When bitcoin went from $1,200 down to $250 in 2014, I didn't sell. At one point I sold some, but then it started to go up again, and I bought right back in. I was too emotionally connected. I think cryptocurrency is the future, and I don't want to be on the sidelines trying to buy back in at higher prices later. At the same time, if I had sold at the top and bought near the bottom, I'd have a heck of a lot more cryptocurrency than I do right now. This is a strong argument to sell and then re-buy later.
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chamika888
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Activity: 364
Merit: 10
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September 26, 2018, 04:24:09 AM |
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Often times whales will destroy a market, punishing the price using their extensive currency holdings until everyone who isn't invested long term sells. Then they scoop it all up cheap and enjoy new all time highs with more than they started with.
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MRY
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September 26, 2018, 10:21:30 AM |
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if we already have a lot of experience in crypto then we certainly already know with a market that is always changing and when the market goes red, the most appropriate choice is to hold the coins we have so we will avoid losses
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KenChanYu
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September 26, 2018, 10:38:52 AM |
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if we already have a lot of experience in crypto then we certainly already know with a market that is always changing and when the market goes red, the most appropriate choice is to hold the coins we have so we will avoid losses
Forbearing on holding is the most appreciable way to gain profits immensely. As an individual who penetrate on crypto must be know the aspect and consider to make move on what is good to be done while it is on RED and refer for the past experiences. A good determination on planing for the future will gain thrives indeed. And I think this is what most people aim on pentrating crypto for the entire year. |
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BlackSociety
Jr. Member
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Activity: 140
Merit: 1
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September 26, 2018, 11:21:50 AM |
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When the market is red, I will set a stop loss for myself. I will only sell these coins when the loss reaches this point!
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basyang
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October 02, 2018, 02:33:40 PM
Last edit: October 02, 2018, 10:40:00 PM by basyang |
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All of a sudden bitcoin jumped from 6.5k to almost 8k today. I believe those who made panic selling are very disappointed now. This is the reason why i said bitcoin investment is not only about risk taking. Am pretty sure no old member sold thiers at that cheap. Sometimes experience counts. Never think bitcoin is gonna die
Yes. I am agree with you. Experience really counts, if you still did not experience on losing money still you should prepare for it. When the price is at low you should not do anything but to hold it for a while, while the others choose to grab the opportunity to buy more bitcoins while it is in risk. For me, holding my bitcoins when the market is red is my choice because I know it will not stay there, ot will raise again. |
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hawkins
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October 02, 2018, 03:21:40 PM |
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All of a sudden bitcoin jumped from 6.5k to almost 8k today. I believe those who made panic selling are very disappointed now. This is the reason why i said bitcoin investment is not only about risk taking. Am pretty sure no old member sold thiers at that cheap. Sometimes experience counts. Never think bitcoin is gonna die
Yes. I am agree with you. Experience really counts, if you still did not experience on lossing money still them you should prepare it. When the price is at low you should not do anthing from except the technician is good so it os really confirm to avoid big losses, you can sell them, but if you believe in the potential of the coins that you have, it will get better. for now, I still keep some altcoins and wait for the price to rise. well, this might take a little longer. |
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bharal07
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October 02, 2018, 03:59:43 PM |
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Of course, even though the red is marked by the market I hold my tokens. Because the market does not mean that you have no market for a bigger profit? You make mistakes because they just woke up so much more.
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maxim000
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October 02, 2018, 05:23:25 PM |
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People usually stop trading at all in bear market. But that is the wrong conception. Bear and bull market, both are equally good to make profits. Only the market moving sideways is the boring one. Bear market provides equal opportunity to earn. Therefore, red market doesn't mean doing nothing and hodl. Put your TA skills to use for squeezing out profit in adverse market condition.
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KorakPawon
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Merit: 11
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October 02, 2018, 06:15:31 PM |
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All of a sudden bitcoin jumped from 6.5k to almost 8k today. I believe those who made panic selling are very disappointed now. This is the reason why i said bitcoin investment is not only about risk taking. Am pretty sure no old member sold thiers at that cheap. Sometimes experience counts. Never think bitcoin is gonna die
price reduction does not mean death for bitcoin, people who think that way are wrong, this may be a panic for them and in the end they prefer to sell bitcoin, and what happens when it is done? we have lost our coffers or we have lost. |
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ngusmin
Copper Member
Newbie
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Activity: 496
Merit: 0
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October 02, 2018, 07:28:33 PM |
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Bitcoin will not die and the market decline will not be forever, and the best way to save from loss is by holding. Holding will be able to give good results, because bitcoin can still have a high price.
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Bougenville
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October 04, 2018, 08:04:15 AM |
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if I am stuck with a very expensive price then of course I will hold the assets that I have and I will not sell them at a very cheap price because if I release and sell it then I will get a lot of losses.
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beezunus
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October 04, 2018, 09:14:47 AM |
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to reduce and avoid losses, the best way is to keep holding the coins I have when the market is red, and I will wait until the price recovers and the market is green
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plescruslo
Jr. Member
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Activity: 81
Merit: 1
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October 04, 2018, 11:48:44 AM |
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All of a sudden bitcoin jumped from 6.5k to almost 8k today. I believe those who made panic selling are very disappointed now. This is the reason why i said bitcoin investment is not only about risk taking. Am pretty sure no old member sold thiers at that cheap. Sometimes experience counts. Never think bitcoin is gonna die
Yes. I am agree with you. Experience really counts, if you still did not experience on lossing money still them you should prepare it. When the price is at low you should not do anthing from except the technician is good so it os really confirm to avoid big losses, you can sell them, but if you believe in the potential of the coins that you have, it will get better. for now, I still keep some altcoins and wait for the price to rise. well, this might take a little longer. Yeah of course I will hold my coins in this bearish situation. I think selling in these bad conditions of the market is totally foolish decision. You will definitely lose your investment. it is much better to hold your coins for some more time. I hope the price will rise in the future no matter how much time it will take but it is guaranteed that the price will go up after some time. |
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Fedor07
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Activity: 282
Merit: 10
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October 04, 2018, 04:18:09 PM |
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Bitcoin has dropped again at 6500$ and it doesnt look like he is going to grow up again at 8000$ in a few weeks .
A lot of people surely selled their bitcoin because of panic . I dont know whats gonna happend next but i think people should hold their bitcoin untill he will grow up cuz he will surely grow up .
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k1ng0fBTC
Jr. Member
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Activity: 83
Merit: 3
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October 06, 2018, 09:27:48 AM |
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to reduce and avoid losses, the best way is to keep holding the coins I have when the market is red, and I will wait until the price recovers and the market is green
Yeah you are right, I agree with you. I think that selling bitcoin without any intense need is not sensible. It would mean that you want to lose your investment by choice. You can earn money from your investment if you remain calm for some more time. There is no need to sell coins for low price. Hold them until the price rise again and don’t be panic about the time. |
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jonaire99
Member
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Activity: 588
Merit: 11
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October 06, 2018, 01:48:44 PM |
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Price dips are normal in the crypto market and this downtrend is only temporary tge price will bounce back to higher price again after some weeks. When market become red, holding coins till they go up again is still one of the best strategy for earning profit but one must ensure that the coins you are holding are good for long term hold. Coins that have no potential to go up or a sure candidate for future delisting will be sold instead.
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