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Author Topic: Are You Done Buying Cryptocoins? I AM.  (Read 1089 times)
akamit
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April 11, 2019, 08:10:44 PM
 #21

1. Done buying crypto and just waiting for your ship to come in.
2. Buying forever with no intent to ever sell.
3. Still not purchased enough coins for your ship to come in.
4. Crypto Day Trader buy and sell everyday for small gains
5. Buying when extra money around, spending coins when finding stuff to buy via BTC and getting a better price, having a stash that I won't sell till I really feel the need to get out and one that I might sell earlier to cover some big buy (change of house, new car, etc etc).
6. Long Trader: Continuously buying while the prices are calm and just waiting to sell high.
Well, I maintain different strategies in regards to crypto investments and money management, so I'm on number 3,4,6

And actually, number 3+6 combined will never get a stop from me I think, if I get good opportunities in future I will always get in.
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April 11, 2019, 08:19:39 PM
 #22

To be honest buying cryptocurrency is only for the people who are constantly trading them and they are fimilar with the market and know when to buy and when to sell, and they make profit from that, for normal people most of us are just either working and earning bitcoin or other cryptocurrencies from various ways and just holding it either until we need it or until it becomes a widely accepted payment method.
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April 11, 2019, 08:28:21 PM
 #23

I'm not done buying cryptos, I still want to buy more bitcoins, however, I haven't been buying any bitcoins for a long time. Instead, I try to trade so I can get more cryptos, but if the price goes low enough, and I have enough fiat ready in my bank account I will buy some more bitcoins.
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April 11, 2019, 08:39:09 PM
 #24

Do you think there is no future or just lost your enthusiasm?
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April 11, 2019, 08:46:24 PM
 #25

I am done buying I am now just holding it or trading it on some alt-coin to get some profit .
But if I have some extra money to invest why not I mean it is a good investment after all instead of spending my money wasting it why not put it into a good use?

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April 11, 2019, 08:59:23 PM
 #26

I'm done for now but will never stop buying when the right time comes again. (2.) Having no intent to sell means that you don't have any plans of taking profit and enjoying the money you invested.

(3.) There's many reason why an individual haven't purchased enough coins for his stash, it could be a monetary challenge or he's in bad situation for the moment.
Having no intent to sell does not mean that you don't want to take any profit from it. Not everyone invests on crypto currencies to make profit. Some invests on it to use it for different purpose like making online transactions. Again, selling for fiat does not always define your profit. If you buy the coins for cheap and you are still holding it even after the price has increase, then it still means that you have made profit even if you don't sell it for fiat since you were able to get the coins cheap!

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April 11, 2019, 09:12:35 PM
 #27

before you buy, can you ensure that the crypto you have bought can give you high profits? I hope you don't get stuck in a low value graph. You have to make an analysis in every market, so. you will survive the loss. Do you buy coins at ICO or on IEO? or you buy some coins that are already registered on the exchange?

I think, in unclear market conditions like today, you must have a top coin. I doubt with some of the new coins listed on the exchange.

I only have BTC and ETH assets, I use for short-term trading capital and some for long-term investment. I want to see BTC Bullish and get profit from my investment in the future.

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April 11, 2019, 09:26:21 PM
 #28

I can I have not bought enough coins,I'm still buy coins and investing until the day my ship comes in.
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April 11, 2019, 09:53:57 PM
 #29

Let's face facts, many of us have been in Crypto for years now.

Aside from the very few instances where you need to send crytocoins and transact immediately.

How many of you are just done buying crypto as an investment?

I mean you purchased enough of multiple coins, that if any hit your intended price target for them in 5 to 10 years,
you be richer than you ever dreamed.

So are you
 
1. Done buying crypto and just waiting for your ship to come in.
2. Buying forever with no intent to ever sell.
3. Still not purchased enough coins for your ship to come in.
4. Crypto Day Trader buy and sell everyday for small gains
added
5. Buying when extra money around, spending coins when finding stuff to buy via BTC and getting a better price, having a stash that I won't sell till I really feel the need to get out and one that I might sell earlier to cover some big buy (change of house, new car, etc etc).
6. Long Trader: Continuously buying while the prices are calm and just waiting to sell high.


I am in the 1 category, literally no reason to buy any more, don't even care about new cryptos.
If it reaches my price target , I'll be rich, if not, I won't be spending any more money on it.
So Which are You?

I am a mixture of these choices
I have finished buying now because there is no money right now but I will buy when the necessary funds are available
I trade some time in the currencies I have
I will be buying for storage soon when the money is available.
 
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April 11, 2019, 09:55:26 PM
 #30

1. Done buying crypto and just waiting for your ship to come in.
5. Buying when extra money around, spending coins when finding stuff to buy via BTC and getting a better price, having a stash that I won't sell till I really feel the need to get out and one that I might sell earlier to cover some big buy (change of house, new car, etc etc).
6. Long Trader: Continuously buying while the prices are calm and just waiting to sell high.

I chose this method because all three can be run casually and not complicated than trading. Before we do these three things, it's better to get used to reading and analyzing not just reading the writing, but there are other essences in doing this activity.

don't even care about new cryptos.

I don't like the presence of new coins in the market because in every presence they are often accompanied by the collapse of the crypto prices that we've had and this hasn't only happened once especially crypto coins that have long been circulating in the market for example bitcoin.

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April 11, 2019, 10:03:53 PM
 #31

Quote
3. Still not purchased enough coins for your ship to come in

I'm this person. I treat it like the money a believer in the monetary system keeps in his savings account and a non believer keeps in a safe or a deposit box.
I keep my savings in cryptocurrencies and won't sell until I really need to or it they reach some very high value e.g. bitcoin at 100 thousand dollars.
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April 11, 2019, 10:29:05 PM
 #32


1. Done buying crypto and just waiting for your ship to come in.
2. Buying forever with no intent to ever sell.
3. Still not purchased enough coins for your ship to come in.
4. Crypto Day Trader buy and sell everyday for small gains
added
5. Buying when extra money around, spending coins when finding stuff to buy via BTC and getting a better price, having a stash that I won't sell till I really feel the need to get out and one that I might sell earlier to cover some big buy (change of house, new car, etc etc).
6. Long Trader: Continuously buying while the prices are calm and just waiting to sell high.

I'm on no. 4. Crypto Day tader buy and sell everyday for small gains. I have invested some money to buy a certain coin mostly Bitcoin and top alts and then I do just trade em to make my balance grown and
then I do save 50% of profits for long term holds and the rest still do trade for more compounding. Rinse and Repeat.

For now it's so difficult to gain daily profit while the market doesn't have good pumping trends few months ago. Many of us expected more growth on their assets but unfortunately, it's very frustrating after many of the traders who can't wait tend to sell early. That's why volatile market seemed to act negatively, and I think it kepts us from reaching the higher price so market remain stable at $5k. Buying more crypto coins in order to have more holdings can be a wise choice while more cheaper coins is available.
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April 11, 2019, 10:37:45 PM
 #33

I am not much of a trader but an investor, apart from me earning Crypto coins and tokens through bounty campaigns I invest some in altcoins after converting my token to bitcoin or ethereum or still I leave my funds in bitcoin. I am not the greedy type because whenever I see a x2 of my investments I sell it off and move to another potential project. Everything is all about professionalism and tactics.

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April 11, 2019, 10:48:08 PM
 #34


5. Buying when extra money around, spending coins when finding stuff to buy via BTC and getting a better price, having a stash that I won't sell till I really feel the need to get out and one that I might sell earlier to cover some big buy (change of house, new car, etc etc).
6. Long Trader: Continuously buying while the prices are calm and just waiting to sell high.

I use that method but not continue to buy because of the necessities  my life that have to live ,sometimes I also daily trade if there is free time then I trade again at altcoin if it profitable and wait for the right price to sell ,be Grateful little by little in some markets but still waiting for jet aircraft to field all groceries

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April 11, 2019, 11:35:50 PM
 #35

Frankly, we have to accept that number of newcomers is gone to dee in 2018. But right now we have more stable market and things started to go well. This new process of market will attract newcomers and people who stopped to follow cyrpto market.
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April 12, 2019, 02:22:49 AM
 #36

I do not know where I fit into your options, but what I do is the following: I always buy the price drops and I will continue repeating this cycle for a long time until the day I have many bitcoins. I also do daytrade whenever possible, before I had some altcoins I sold as soon as they had increased in price and I confess that I made a good decision

I am in the 1 category, literally no reason to buy any more, don't even care about new cryptos.
If it reaches my price target , I'll be rich, if not, I won't be spending any more money on it.

if you are holding for more than 3 years, then you will have high profits

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April 12, 2019, 02:57:56 AM
 #37

So are you
 
1. Done buying crypto and just waiting for your ship to come in.
2. Buying forever with no intent to ever sell.
3. Still not purchased enough coins for your ship to come in.
4. Crypto Trader buy and sell everyday for small gains
Buy low and sell high, that is what I am doing recently because there are various profitable altcoins that we probably get profit if we are in the right timing and decision to sell. I am in favor of having a small gain but it is continuously increasing day by day. I didn't expect to become a millionaire, for me, as long as I know my profit was there in crypto, I'll be happier if Bitcoin will increase and of course avoid fomo.
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April 12, 2019, 03:07:38 AM
 #38

See dude,  if you make yourselves dedicated to cryptos then you need to make yourself discipline in order to seek the facrs of the coins.
I really can understand your feelings. But if you see the things depthly, then you can understand the things truly.
No one who invests in crypto is always ready to make wins,  they may sometimes face losses also if their fortune is bad.
And as far as your question is concerned. There is no perfect time for me to stop buying cryptos as i have a great confidence on myself and i am sure that I will not make any big losses.

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Xising
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April 12, 2019, 07:01:35 AM
 #39

Let's face facts, many of us have been in Crypto for years now.

Aside from the very few instances where you need to send crytocoins and transact immediately.

How many of you are just done buying crypto as an investment?

I mean you purchased enough of multiple coins, that if any hit your intended price target for them in 5 to 10 years,
you be richer than you ever dreamed.

So are you
 
1. Done buying crypto and just waiting for your ship to come in.
2. Buying forever with no intent to ever sell.
3. Still not purchased enough coins for your ship to come in.
4. Crypto Day Trader buy and sell everyday for small gains
added
5. Buying when extra money around, spending coins when finding stuff to buy via BTC and getting a better price, having a stash that I won't sell till I really feel the need to get out and one that I might sell earlier to cover some big buy (change of house, new car, etc etc).
6. Long Trader: Continuously buying while the prices are calm and just waiting to sell high.


I am in the 1 category, literally no reason to buy any more, don't even care about new cryptos.
If it reaches my price target , I'll be rich, if not, I won't be spending any more money on it.
So Which are You?

Well, for me, I still do buy at times. However, since the rate of its gain is not as aggressive as before, I tend to be more and more critical and sensitive with the coins I buy, so that, I wouldn't regret it in the end. I can't afford to buy something and hold it for a long time without any clear objective on how to use it to gain profit or, at least, use it as capital to get other and better coins in the market. I also look at the price point and movement of the coins I buy, if it has promising gains that could lead to gainful ones in a couple of months, I tend to go for that to make a quick flip.
pushups44
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April 12, 2019, 07:58:54 AM
 #40

I'm mostly done with buying, but by earning bitcoin through bounties am slowly accumulating. I still think we are well enough off of the market highs to justify some buying, but it's hard to tell exactly when the bull market will return or if we're in it right now.
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