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Author Topic: Mistakes hodlers make  (Read 1489 times)
awakpane
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May 07, 2019, 04:14:55 PM
 #41

In my opinion, holding a coin too long does not guarantee that we always benefit. we may hold coins in the long run, but we must be able to analyze the graph and its volume.
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danielchris
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May 07, 2019, 06:11:26 PM
 #42

My views that we could not get without risk.but no one wants to loose earnings. I think we can try to take risks only small investment. No one can wait for long periods of  good earnings. I think so.
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May 07, 2019, 06:17:17 PM
 #43

Errors are quite similar and for many people they are generally the same, because many people today understand that it is panic and fear that amaze actions that are then very expensive. Therefore it is better to move away from the computer.
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May 07, 2019, 06:25:42 PM
 #44

btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself.

Yes, the market is a little bit of bullish but I don't think the price of BTC will go to 10000$ in this May. We saw recently that the market is little bullish and sometimes bearish. So I also think people [holders] should get their profit and re-entry again in the entry zone so that they can earn more. Thnks

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May 07, 2019, 06:30:27 PM
 #45

The very point is knowing when to buy and when to sell,in the crypto industry it requires strategy and continuous follow up has well studying to know when you fill is right to buy or sell, for me no time is really good time,it just depends on how the market fluctuate.
semobo
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May 07, 2019, 06:34:09 PM
 #46

btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,

the time they suppose make small profit from the greens; they are busy forecasting

Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low

Greed won't leave anyone if you are holding cryptos ehich are green then you need to have clear mind of when to sell rather than expecting more and more forever.
Melo20
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May 07, 2019, 06:35:20 PM
 #47

Unfortunately, all too often crypto holders assume that this security against fraud means immunity to all loss. Cryptocurrencies offer new ways to invest and to participate in the economy, but they also demand users to make efforts and take precautions unnecessary with traditional currencies.
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May 07, 2019, 06:37:39 PM
 #48

Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low

Or what if I say, you will end up sell low, buy high. Taking profit is great from an investor view but you know there's no point of selling a single satoshi now. Better wait and let the bullrun to be start.

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Landak
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May 07, 2019, 09:21:01 PM
 #49

Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low

what if there is something beyond our expectations? for example when we buy back at the lowest price, but it turns out that the price is still falling again and not returning again. your idea is good, but there is a time when it won't be the same as what we expected.
for me, I better share capital into several crypto, don't 100% invest in bitcoin. invest in altcoin too. So, when bitcoin goes down, there are still altcoins that are not affected and remain stable. with this, I think it best fits your method.
buy bitcoin now and hold it for the long term. and also buy altcoins that you think are the most stable prices and can make you profit even if only a little.
I am an altcoin holder, bitcoin is just an addition. As a holder, I have my own investment method. and how to calculate the profit.

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May 07, 2019, 09:23:14 PM
 #50

i have refused to give analysis of bitcoin and its bullish nature. the truth be told, bitcoin will moon, whether now or later but then the time taken for it to moon may just be more than the speculated time with respect to the number of massive adoptions recorded
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May 07, 2019, 09:28:16 PM
 #51

In my opinion, holding a coin too long does not guarantee that we always benefit. we may hold coins in the long run, but we must be able to analyze the graph and its volume.
you're right. if we want to call ourselves a "holder", we still need to always monitor what is happening in the cryptocurrency market in order to sell on time

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edmundo
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May 07, 2019, 09:36:45 PM
 #52

I will say I am 100% guilty of this and it has affected me greatly. I find it difficult taking profits or selling my coin even if its pumping really hard. My worst mistake was with HYDRO and I have lived with it ever since. The most recent was AERGO and Atomic Wallet Coin. I had the opportunity of selling at the top but I didn't and now both have dumped massively. I will have to learn how to overcome this flaw pretty soon.
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May 07, 2019, 09:38:21 PM
 #53

Yeah, its both crazy and upsetting.
Even after going through the market crashing, hitting bottom and being bearish, it seems people don't learn.
The slightest sign of profit and they go all unreasonable and greedy again.

2017 was a great year.
But you need to realize that it had its ups and downs throughout the entire year.
It wasn't until the end of 2017 that it shot up like crazy.

To think that it will shoot up like that in may, I just don't see any basis for that.
It is much better to trade based off of knowledge and data then pure speculation.
(which is basically just wild dreaming).

IvugeoEvolutionCoin
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May 07, 2019, 09:40:51 PM
 #54

btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,

the time they suppose make small profit from the greens; they are busy forecasting

Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low


The problem has always been  knowing the right time to sell. This is usually very difficult to determine and may often make newbies sell to low soon or hold till token turns shit. Either way, it is to the discretion of the person

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ogini
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May 07, 2019, 09:44:52 PM
 #55

I believe this also a right time to buy Bitcoin and also other good project with a promise coin or token, definitely the market is becoming so pretty good for investors.
Dacosta Osei-Tutu
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May 07, 2019, 10:20:16 PM
 #56

It took bitcoin just one day to rise from 3500$ to 4000$. At a point when nobody expected. With the trend BTC is rising, it is very possible that it won't turn back.
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May 07, 2019, 11:02:43 PM
 #57

btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,

the time they suppose make small profit from the greens; they are busy forecasting

Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low

When you see a portfolio that has almost no price if indeed the price of Bitcoin can explode that high then why don't we take off all our portfolios for a moment so we can replace it with a new portfolio and at the same time. the new price might be what we have to do because if we only sell a small portion it is very detrimental because the coin will definitely fall back so why should we hold the falling coin? doesn't it still buy when the coin falls?


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May 07, 2019, 11:28:58 PM
 #58

Instead of holding your coins aimlessly and simply trusting they get higher incentive later on, why not take part in staking which will acquire returns.

In the crypto market we should be reasonable and we needn't bother with satisfaction. We need have an incredible procedures. We don't have to hold an excessive amount to hold up a lot of high value esteem on the grounds that BTC isn't consistend. Envision while you are holding up to that digit you may misfortune your capital in view of an excessive amount of covetousness.

bangjoe
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May 07, 2019, 11:32:58 PM
 #59

even though in a day the price can change so significantly but I am not sure that Bitcoin will really get that high price this month
there is absolutely no sign even one trigger does not exist, then where is the price as expensive as that can be obtained? I think that prediction is just to make people more excited or rather to entertain themselves and others

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May 08, 2019, 01:01:27 AM
 #60

I think you have to move this thread to the bitcoin or speculation section.
Anyhow, taking the profit is the smart thing to do as a trader and/or buy another btc or any other coin from your profits. What I usually do is to buy another coin out of my profits or transfer my profits to my gambling website and serves it as my fund or add that profit from my capital in margin trading.
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