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Author Topic: Buy - Sell - Hold why i alway choose wrong times !  (Read 219 times)
baonguyen (OP)
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August 26, 2018, 12:55:11 PM
Last edit: August 26, 2018, 01:21:57 PM by baonguyen
 #1

Hi guys, i joined in crypto world about 1 year ago. When the market always green and btc price go up everyday form 6k to 19k.
I like to be a trader and i buy some coin like BNB, BTC, and some eth for ico. Just hold some time then sell it when the price up to 10-20%, then i can't buy back when the price up to 300%.
i buyed 500 binance coin at 2,5$ and sell at 3,8 usd then it up to 6-7 usd, i can't buy 500 bnb anymore, then price up to 8-9 usd and more.
Buyed 0.5 btc at 6k and sell at 8k. then i can't buy back when price up to 10-12-15-19k.
When it happened, i think better is become a holder. i buyed some coin / token and just hold in my wallet, then the price down and down everyday.
Now i lose 2/3 my money.
Can you suggest for me : just keep my coins / tokens or sell it. ( now is : 26.Aug.2018 )  Huh
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August 26, 2018, 12:57:40 PM
 #2

That's life, sometimes we choose the wrong decision thinking that is right one. And choosing right one thinking that it is wrong, we hold coins that continues to increase a negative percentage while we sell a coins that haspotential to increase in some time.
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August 26, 2018, 01:00:28 PM
 #3

the question is how long you can afford to hold it ? it's totally understandable for us to see this kind of dump.
it's because of the mass pump that happened with cryptocurrency a few months later,but it will not last long.right now we are trying to stabilize its support and position before making another breakout,but do not put too much your hope into it.
at best it will be back in around $10.000 or around that and every altcoin will regain at least 60% all of its price,but it won't surpass its peak.
last year we got pumped because of hype,and because of that too the price drowned to the ground.
so,if you can hold it at least for a year or until the price is recovering.why not ?
but if you can not,i think it would be better for you to sell it right now.because before the recovery we should see another dump attempt in the future.

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August 26, 2018, 01:06:32 PM
 #4

i buyed 500 binance coin at 2,5$ and sell at 3,8 usd then it up to 6-7 usd, i can't buy 500 bnb anymore, then price up to 8-9 usd and more.
Just be patient and wait for another drop to buy low. If you don't want to wait, buy now and go for a long-term strategy and hold your coins, you'll make some decent profits in the long run.

Buyed 0.5 btc at 6k and sell at 8k. then i can't buy back when price up to 10-12-15-19k.
If you sold during the last rally, you can simply buy back right now, current price is around 6700, why would you wait for the price to go up to the 5-digit level? buy now or wait for another dip if your exit point is around the 8k's.

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August 26, 2018, 02:03:34 PM
 #5

For now, you should to hold for a little times. Just trying to find the moment for sold.
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August 26, 2018, 02:32:10 PM
 #6

Hi guys, i joined in crypto world about 1 year ago. When the market always green and btc price go up everyday form 6k to 19k.
I like to be a trader and i buy some coin like BNB, BTC, and some eth for ico. Just hold some time then sell it when the price up to 10-20%, then i can't buy back when the price up to 300%.
i buyed 500 binance coin at 2,5$ and sell at 3,8 usd then it up to 6-7 usd, i can't buy 500 bnb anymore, then price up to 8-9 usd and more.
Buyed 0.5 btc at 6k and sell at 8k. then i can't buy back when price up to 10-12-15-19k.
When it happened, i think better is become a holder. i buyed some coin / token and just hold in my wallet, then the price down and down everyday.
Now i lose 2/3 my money.
Can you suggest for me : just keep my coins / tokens or sell it. ( now is : 26.Aug.2018 )  Huh

You had all of your regrets  when you have an off timing upon selling your coins, maybe take a little more patient to sustain the price hike on your coin, not tempted on the first pump and keep on your mind there is always a second explosion in every pump.
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August 26, 2018, 02:48:22 PM
 #7

Hi guys, i joined in crypto world about 1 year ago. When the market always green and btc price go up everyday form 6k to 19k.
I like to be a trader and i buy some coin like BNB, BTC, and some eth for ico. Just hold some time then sell it when the price up to 10-20%, then i can't buy back when the price up to 300%.
i buyed 500 binance coin at 2,5$ and sell at 3,8 usd then it up to 6-7 usd, i can't buy 500 bnb anymore, then price up to 8-9 usd and more.
Buyed 0.5 btc at 6k and sell at 8k. then i can't buy back when price up to 10-12-15-19k.
When it happened, i think better is become a holder. i buyed some coin / token and just hold in my wallet, then the price down and down everyday.
Now i lose 2/3 my money.
Can you suggest for me : just keep my coins / tokens or sell it. ( now is : 26.Aug.2018 )  Huh

Not sure about your story, Have you ever seen the price of bitcoin has been touching the bottom price of this year which around $5800 and it doesn't make sense to see you are creating this thread. If you have sold them at 8k and this still can become your chance to buy back bitcoin again.  Undecided

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August 26, 2018, 02:51:51 PM
 #8

Hi guys, i joined in crypto world about 1 year ago. When the market always green and btc price go up everyday form 6k to 19k.
See, that's your problem right there. You thought the market will rise everyday; that's simply not possible as what goes up must come down (i.e., balance/equilibrium, and cryptocurrencies market is no different). As for the solution: you need to make your mindset, and draw your plans and goals, then start trading. You need to learn charts reading (i.e., Technical Analysis)—it won't make you buy/sell exactly as you would have wanted to, however, it will enhance your chances of buying the bottom and selling the peak.

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August 26, 2018, 03:04:55 PM
 #9

It happens to all, do not be upset. Just be patient, in advance, calculate everything and go ahead !!! Next time it will turn out one hundred percent! Crypto currency is always a big risk. This must be understood.
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August 26, 2018, 03:11:03 PM
 #10

Its normal cause most times we just think we did what is right but its actually wrong but cant just keep blaming yourself all you have to do is keep a close watch on when to hold when sell and when to buy that way you make things right
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August 26, 2018, 03:15:56 PM
 #11

Hi guys, i joined in crypto world about 1 year ago. When the market always green and btc price go up everyday form 6k to 19k.
I like to be a trader and i buy some coin like BNB, BTC, and some eth for ico. Just hold some time then sell it when the price up to 10-20%, then i can't buy back when the price up to 300%.
i buyed 500 binance coin at 2,5$ and sell at 3,8 usd then it up to 6-7 usd, i can't buy 500 bnb anymore, then price up to 8-9 usd and more.
Buyed 0.5 btc at 6k and sell at 8k. then i can't buy back when price up to 10-12-15-19k.
When it happened, i think better is become a holder. i buyed some coin / token and just hold in my wallet, then the price down and down everyday.
Now i lose 2/3 my money.
Can you suggest for me : just keep my coins / tokens or sell it. ( now is : 26.Aug.2018 )  Huh

The price is at very low now. So I will choose holding and invest more if I have money. I think the market will recover soon. When the price up to 4 - 5 times compared to now, I will sell them and don't care about it even if it increase continue. I will wait until it falls down to buy it again even if it may take a long time 6 months or one year.
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August 26, 2018, 03:27:28 PM
 #12

Hi guys, i joined in crypto world about 1 year ago. When the market always green and btc price go up everyday form 6k to 19k.
I like to be a trader and i buy some coin like BNB, BTC, and some eth for ico. Just hold some time then sell it when the price up to 10-20%, then i can't buy back when the price up to 300%.
i buyed 500 binance coin at 2,5$ and sell at 3,8 usd then it up to 6-7 usd, i can't buy 500 bnb anymore, then price up to 8-9 usd and more.
Buyed 0.5 btc at 6k and sell at 8k. then i can't buy back when price up to 10-12-15-19k.
When it happened, i think better is become a holder. i buyed some coin / token and just hold in my wallet, then the price down and down everyday.
Now i lose 2/3 my money.
Can you suggest for me : just keep my coins / tokens or sell it. ( now is : 26.Aug.2018 )  Huh

if I were in your shoes, I think I'll hold it because I don't want to regret the same thing for the second time, sold when the price hasn't been to the moon is a valuable experience, I know you suffer losses now but do you have another goal if you sell it?

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August 26, 2018, 03:39:07 PM
 #13

The best is to know those coins that have potential and hold them for  mid or long term profits. I myslef have regretted selling for peanuts lots of times

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August 26, 2018, 03:41:36 PM
 #14

Happens with the best of us. It's really hard to follow the moves of whales. When you think that you can hold anymore and sell off to have anything you have, than the market would start to rise. And when you realise that the market is actually growing and buys, the prices would start decreasing the next day.



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August 26, 2018, 03:55:30 PM
 #15

Hi guys, i joined in crypto world about 1 year ago. When the market always green and btc price go up everyday form 6k to 19k.
I like to be a trader and i buy some coin like BNB, BTC, and some eth for ico. Just hold some time then sell it when the price up to 10-20%, then i can't buy back when the price up to 300%.
i buyed 500 binance coin at 2,5$ and sell at 3,8 usd then it up to 6-7 usd, i can't buy 500 bnb anymore, then price up to 8-9 usd and more.
Buyed 0.5 btc at 6k and sell at 8k. then i can't buy back when price up to 10-12-15-19k.
When it happened, i think better is become a holder. i buyed some coin / token and just hold in my wallet, then the price down and down everyday.
Now i lose 2/3 my money.
Can you suggest for me : just keep my coins / tokens or sell it. ( now is : 26.Aug.2018 )  Huh

it is a normal thing, and it has become a human trait when we always feel dissatisfied when we get profit and always complain when we get a loss. actually there is nothing wrong with what you do but to determine the long term or short term it is definitely a risk that must be ready to face.
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August 26, 2018, 03:59:01 PM
 #16

No one will able to give a perfect answer for the question of the OP. Because anything can happen in this market. It is very hard to predict the crypto market specially. Do your own researches and take the decisions according to it. No one is perfect here.
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August 26, 2018, 04:12:39 PM
 #17

In the trade do not know what will happen, you need experience and good luck. In my opinion, you should persevere a little you will succeed in trade. Wish you luck.
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August 26, 2018, 04:17:44 PM
 #18

So often it happens in the market that we make wrong decisions. Sometimes it seems that everything is going the other way. In this case, I would advise to leave the market for a while and return later with a cold head.
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August 26, 2018, 04:24:19 PM
 #19

Most people loose money trading, its not just you. Trading is not a zero sum game. The exchanges earns billions in fees and you compete against professional traders. You can get lucky, but you much much much more likely to loose.

Quit trading, unless you really want to do the work necessarily to gain en edge. It is extremly difficult and hard work and you will most likely never make it.
voltesbazooka
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August 26, 2018, 04:26:56 PM
 #20

Hi guys, i joined in crypto world about 1 year ago. When the market always green and btc price go up everyday form 6k to 19k.
I like to be a trader and i buy some coin like BNB, BTC, and some eth for ico. Just hold some time then sell it when the price up to 10-20%, then i can't buy back when the price up to 300%.
i buyed 500 binance coin at 2,5$ and sell at 3,8 usd then it up to 6-7 usd, i can't buy 500 bnb anymore, then price up to 8-9 usd and more.
Buyed 0.5 btc at 6k and sell at 8k. then i can't buy back when price up to 10-12-15-19k.
When it happened, i think better is become a holder. i buyed some coin / token and just hold in my wallet, then the price down and down everyday.
Now i lose 2/3 my money.
Can you suggest for me : just keep my coins / tokens or sell it. ( now is : 26.Aug.2018 )  Huh


Well, the only thing I could say is that, welcome to the world of cryptocurrency, where the market goes up and down like crazy almost instantenously. Just get used to it and try to understand the market movements. Learning how to speculate is the way to go.
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