Are You Done Buying Cryptocoins? I AM.

[NavI_027]

2. Buying forever with no intent to ever sell.

What's the point then? There is no cycle at all if you are only going to buy. How can you make profits if you hold only? Hmm, if what you meant is having a long term investment then it will be clearer for the others .

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

I'm in this stage. Lucky for me that btc is not yet finished recovering, it can be considered good somehow because I still have some ample time to save coins. I'm aiming to save at least .01 btc for me to have a fund for my upcoming board exan (hopefully).

Staying on one coin or long term holding will cause you to miss the other opportunities.

I agree to you on the latter part, I admit that time and chances of earning are wasted if you hodl for a long time. But saying that staying in one coin tend to lose opportunities? Nah, I disagree. Like in my case, I only stick to btc (or eth sometimes) and yet I haven't experience bad situations so far. I never regret doing such thing because I am pretty sure that my future is safe with btc.

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[mirakal]

I am still in the mood of buying and investing, I still think that crypto is a good investment, for long term I already decrease the buying amount but for short term I still search for the right coin to be traded, when you find the right momentum then don't be stand still and watch the opportunities go away

Staying on one coin or long term holding will cause you to miss the other opportunities. Try to evaluate the right chance at the right time.
Also, the right coin is not too far away. Just you are not looking at the right place.

You'll miss opportunities for short term goals of course. But if you're looking for after adoption value, hodling a long time is a good option. I usually buy im small waves during times like these when the market is sideway moving.

Small but with different chunks.

Bitcoin and altcoins compose this crypto market and they are both successful together.
Not only choosing one, but choosing most coins will help you to diversify and will reward you for holding.
One good example is buying at ICO price, or below because there's lots of coins now that are cheap in price and even almost worthless.

[Coin-Desk]

Yes, my cryptocoins have been purchased. Now I'm waiting for the sale. I have bought all that I needed to buy and left it. Now just waiting for the price of Cryptocoin to rise. As soon as these prices rise, I will sell them immediately. Because I need to get a very quick profit. So I will not wait for more days. If I get a little price increase then sell it. Because at any time the price of all Cryptocoin can decrease in the market.

Thank you

[Whosdaddy]

For a long term investment, I must confess to you that Bitcoin will still be the best bet and not all these altcoins we are investing in and giving ourselves hope that they will become very high in future when many of them, eventually dies off before out dream comes through, no matter how hard they try to be like BTC, they can never achieve half of what BTC has achieved.

Most of these altcoins are good for short term trade, imaging that all the funds you have in other altcoins are being invested in 1 coin which is bitcoin, and many other do same, what do you think your dream will be by now, it would have come through, but because of the diversifying we believe in, it’s making it look like our dream of becoming rich won’t come through, but I can assure you that it will come true sooner or later.

[semobo]

I am buying crypto currencies as long term investment and also for future payment system,half of my holdings belongs to one and the left for another.

[Dark Ripper]

Yes, I'm still buying cryptocoins although it was very low price because I believe that when the market goes higher and when the bull market comes you will gain more profit and your losses will revocable so that you gain again more profit than the money that you expense buying crypto coins.

[Dark Ripper]

Yes, I'm still buying cryptocoins although it was very low price because I believe that when the market goes higher and when the bull market comes you will gain more profit and your losses will revocable so that you gain again more profit than the money that you expense buying crypto coins.

That is what im doing right now. Buying crypto coins to recover the losses I'm getting right now. When I get some cryptocoins that I've feel that will increase very much when the bull market comes that's the time I will recover the heavy loss that i get.

Yes after buying crypto coins you can exchange it into a higher amount when the bull market happen. Gambling your coins is the one you need to do instead of hodling your coins and doing nothing. To avoid losses you must do  crypto exchange so that you can gain profit although it was very low. It's good than nothing right?

[jony35490]

Yes I've bought so many crypto coins from past three month and now I'm waiting for increase price.   

[Isiaka208]

I am in the number 3 category, I am not done buying yet as I haven't bought enough of my desired coins yet, so my bag is yet to be full.

[Bagaji]

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?

As you are done buy your crypto currency can you please let us have an idea of the particular crypto currency you are holding? This is because it may help some people who have done enough research on the coins you selected and maybe do so.
I think the category I belong is that number FOUR and  FIVE.

[Ailmand]

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?

It's 6 and I'm continuously buying while the prices are low and calm. Taking advantage of every market situation is the wisest thing to do. Rather than panicking, we must apply the basic strategy which is to buy while your target coins are affordable and sell them when they're already profitable.

[digitalcitizen]

Sort-of 5.  Buying is painful, not enough money to splash.

I like to use crypto, buy stuff with BTC/other I can't with $ from other programmers as well as tip devs of interesting projects, and hodl some when I think there could be a chance of a run up on prices.  I think I hodl for different reasons too.  I collect things, including satoshis.

Although I'm not sure I see the point in cashing out sometimes.  It just means I will wait for a dip and buy again, then hope to sell high, in perpetuity. Boring.

[BlueStackz]

I am buying crypto currencies as long term investment and also for future payment system,half of my holdings belongs to one and the left for another.

Same here, I am not done at all investing in cryptocurrency, rather than completely quitting investing, what I do is to continue to sow a seed down, I just trade some altcoins, and when I profit from them, after all it is a free money, I use the profit I get on them to buy BTC and some of the altcoins that are still at dip.

I am sure these actions will pay me in future, I think my method will be a good one for those that can trade, I don’t remove my profit to squander or use anyhow, I still use it to buy more and this principle of compounding is better for me, some of my coins have increase far more than what I used my direct fiat to purchase.

[enhu]

On 5th I guess.
When there is extra amount to invest why not. What I have in mind is that I may never see EOS this low just as I may not see ETH at $5 again. If for instance I get to hold about 5000 ETH back when its price was below $5, I would probably be holding it even when it goes more than $1k each, sadly I don't. But this time I have the chance to at least collect about 1000 EOS for myself.

[Kiweikoo]

If you are done buying cryptocoin, then I think you already have a lot in your possession, because one habit I have learnt is to save Bitcoin every week of my life unless I couldn't work in a week, I am a freelancer that gets paid in Bitcoin, and I always make sure to save a part of it for the future because I know what we are likely to see in the price of bitcoin in few years to come and we would be very amazed at it.

[kidoseagle0312]

As long as the Bull run is not happening I will continue to buy crypto while facing the bear market.
especially it is really a good time to buy now of those coins such as Ethereum, Tky, Ada, Waves, Xbx, Utrust,
and Atf. This season for me was a time of buying as long as you have capital investment to buy a coins.

[The Cryptovator]

I am still holding few coins and still buying when I have few fund or I have earned. To be honest I am not exactly want hold it long time especially for Altcoins. I am just trying to increase my bitcoin. I am holding and I have a target for sell. But obviously not for short time or short trade. Once my target will achieve then I would like to sell my hold coins. Then I will move another whatever will on dip. I like to buy on dip although we don't know exactly what is the dip price. But I just try to find from previous record. So at least I can determine when should I buy.

[Natalim]

I am still holding few coins and still buying when I have few fund or I have earned. To be honest I am not exactly want hold it long time especially for Altcoins. I am just trying to increase my bitcoin. I am holding and I have a target for sell. But obviously not for short time or short trade. Once my target will achieve then I would like to sell my hold coins. Then I will move another whatever will on dip. I like to buy on dip although we don't know exactly what is the dip price. But I just try to find from previous record. So at least I can determine when should I buy.

That's a smart strategy, you'll be profitable if you can do that with the right timing.
Who would hold longer if they can make money short term, everyone should have their satisfaction on the income they earn in crypto.

Last bull run there are people who end up a bag holder, that's because they still hold instead of selling it.

[BlackPanda]

I'm perhaps included in an option that you haven't listed: continuously buying while the prices are calm and just waiting when the moment is opportune. This has worked for me in the wee months of 2014-2016 right before the bull run and I have been doing it again ever since the decline to $6000 down to $3000. Right now, I'm just playing the waiting game, adding something on the books just in case and hopefully get some more profits on the way.

I always use digital currency and that is me why use it. I always do some financial transactions like buying internet vouchers. Practicality is the main reason. besides that the value of investment that continues to increase gives me the opportunity to get attractive investments.

[michellee]

I still buying coin until now especially if I can find a lower price because I think that is the only way for me to gain a big profit in the next day or week. I choose number 4 because I still trying to be a good trader and I still learning about trading to improve my skills in trading. Of course, I cannot always make a profit, but at least in a week, I can collect some nice profit. But I also hold some coins from a long time ago, and I wait for the next bull market.