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Author Topic: Every time I sell Bitcoin pumps... Has BTC been good or bad for You???  (Read 1119 times)
killat
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July 02, 2019, 06:08:44 AM
 #41

Barely a 28% dip on the way up and it's panic across the board. Lol

In 2017, we had five major dips, the smallest being the last one which was about 30%.

Bearish retracements in 2017
37%
35%
41%
40%
30%
(20k price reached)

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July 02, 2019, 06:33:15 AM
 #42

I wonted to use saving money for investing in bitcoin or altcoins. I never spend a full money on my pocket to investing, so if I need money in a sudden situation I'll have it on my pocket and I can use it freely. Moreover if I choose bitcoin for my investment place, maybe I'll regret as you feel know because I'll withdraw it if I need something.

This is a learning to you, bitcoin price can't be predicted easily. You'll sock with the movement price and you'll regret it if you sold your bitcoin and after that its price moving up. Just a suggestion, you try to learn about trading bitcoin, if you have understood for its movement price or at least you'll know it through candle pattern maybe it will help you to avoid situation as you feel know.

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July 02, 2019, 09:45:08 AM
 #43

I am saddened by your current situation, don't ever give up, surely there will be the best way, I've also experienced it like you, I lost 2btc, it always makes me regret. But I don't want to give up and look back, still moving forward even though I only get a little profit.
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July 02, 2019, 12:17:13 PM
 #44

So for the last 18 months I have held, gambled, bought and exchanged some BTC mostly through this forum. (I HATE PAXFUL AND FEES). Anyways I have won lost, and just at points had to sell my coins for emergency funds and etc.

Well just a couple weeks ago I had around .02 BTC (thats alot for me) well my washer and dryer has been having issues. My dryer proceeded to go and break on me and I had to sell my .02 to buy a used dryer, I spent $30 in gas and $75 on the dryer and when I got home the used dryer I bought is broken and the guy who sold it hasnt aswered my phone call in a month...

Well anyways I sold my .02 for around $140 at the time roughly 1 month ago give or take. And since then it has went up over $100 in value... smh

Am i just unlucky or does the bitcoin market follow my transaction history and only pump when I am out?Huh  

I really just wish I never sold I would still have a broke dryer and .02...The price has went up so high that I now cannot afford to invest. My mother was just diagnosed with stage 4 COPD and Emphazema and was just put on Hospice home health. So I am currently unemployed taking care of her. Its a struggle everyday.. I seriously am starting to wonder if btc is just bad luck for me. I once owned 3 BTC when an (unnamed website was shut down) I lost it all and since that day. Have never made it back.. I am now a proud owner of around 850 satoshis... ( so any ideas on how I can earn a little simple btc would be appreciated)...

But to finish my post. Does BTC price rise or fall when you sell. And since you have been dabbling in Crypto have you become more /less successful. I want to hear your stories. I think all BTC has ever done for me is gotten my funds stolen multiple times lol. But man do I love it.

(I know not to leave my funds on exchange but I am broke I cannot afford spending 6 to $10 just to be able to withdraw my BTC every other day, usually when I am trading it's usually only 50 to $100 as its all I can afford. I lose money withdrawing and depositing every other day between withdraw fees and BTC fees It eats up $100 quick)....

Give me your thoughts!

@Devawnm367 this is a sad story and it’s purely bad luck in your case, but don’t worry this happens with me too whenever I sell my bitcoins. It’s sad to read that you lost your coins due to an exchange shutting down, now for future transactions I would advise you to use Electrum wallet. If you want you can offer services here and accept money in the form of bitcoins, or join a signature campaign and earn money from it, faucets won’t pay you much so you can avoid them.
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July 02, 2019, 02:17:27 PM
 #45

Today, BTC supporters don’t care bout the philosophy behind Satoshi’s white paper and what made Bitcoin great in the first place. Blind supporters of Blockstream and their one way narrative. Propaganda indeed. Bitcoin is turning into a failed project. The seeds of its destruction among the debris of a community blinded by numerical price increases, and imminent divine reclamation. One day you will all understand my words but it will be too late, the ship would have sailed. I have chosen for myself more successful projects as XRM, BCH, CS and a few other tokens
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July 02, 2019, 02:45:44 PM
 #46

Bitcoin has been all but good to me ever since i started, i earned BTC without any investment because of joining campaigns
my fall was on 2018 but i blame it all to myself by being not that knowledgable in trading ,having no strategy and its hard to accept but i became too greedy. But its a lesson learn i cannot say i am all good but i am pushing myself to enhance more.

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July 02, 2019, 03:57:23 PM
 #47

Bitcoin has been all but good to me ever since i started, i earned BTC without any investment because of joining campaigns
my fall was on 2018 but i blame it all to myself by being not that knowledgable in trading ,having no strategy and its hard to accept but i became too greedy. But its a lesson learn i cannot say i am all good but i am pushing myself to enhance more.
We mostly all suffered like that, it is common to anyone which still learning into trading. That it makes sense for you now that being greedy isn't good and give loses instead. And I have to say that, we can't realize of what we are doing either right or wrong if we never commit mistakes. Though we can be in trouble but it have a good impact to ourself.  

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Devawnm367 (OP)
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July 02, 2019, 07:41:59 PM
 #48

Bitcoin has been all but good to me ever since i started, i earned BTC without any investment because of joining campaigns
my fall was on 2018 but i blame it all to myself by being not that knowledgable in trading ,having no strategy and its hard to accept but i became too greedy. But its a lesson learn i cannot say i am all good but i am pushing myself to enhance more.
We mostly all suffered like that, it is common to anyone which still learning into trading. That it makes sense for you now that being greedy isn't good and give loses instead. And I have to say that, we can't realize of what we are doing either right or wrong if we never commit mistakes. Though we can be in trouble but it have a good impact to ourself.  

Yeah I knew the price of BTC was about to go up. It had nothing to do with when I sold I have just really been struggling with my mom being sick and not being able to work then I am trying to give my 9 year old the best life I can. If anything I made money it is just the everyday struggle just one time in my life I want to be very successful if only for anfew months. If I just had money laying around I would be rich right now. Like Donald trump if someone gave me a million dollars to start with I would pay them there money +%5 the rest of my life I just don't have a mommy and daddy to get everything I want. At 16 I bought my own car payed $350  it was a pile of scrap with 4 wheels but it got me point A to point B lmao

Then I had my daughter at 17 WAY TO EARLY Maybe I can try and go back and finish college when she gets a little older. I just want her to have the life I never did you know?


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July 02, 2019, 11:32:48 PM
 #49

Sometimes it really feels that way and that creates a lot of stress and anxiety. Sometimes it feels as if someone is paying attention to me, just waiting to see what I do.

I'm sure it's just coincidence though.
There is a little gambling behind every success. You can't win every time,nobody doesn't know BTC price goes up or down in some day. In 2017 when BTC went highest in BTC history. Many people sold their BTC and realized profits but slowly prices started to go down. if you are sad to sell your BTC, you are not alone. Some people share same loss with you too. Life is not long, let bygones be bygones. There will be new opportunites in this market.
Right.There is no definite time when will bitcoin goes up or down so all our investments here are just like gambling.But if we are just patient enought not to sell our coins when we see the price is dumping,we have still more chances to make good profits from it if we can wait for the right time to sell when the price is already in peak or when bull run is here already.

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July 03, 2019, 01:25:22 AM
 #50

This has been my perfect story, I sold bitcoin at $6000 only to watch and stare while it rose to $13,000. Other times when I have bought some other coins, they starts dumping and once I sell they begin to recover.
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July 03, 2019, 01:25:30 AM
 #51

The market's volatility is a challenge for us. That is why we need to use some technical analysis for us to be prepared and to know when is the right time to buy and to sell our bitcoins. It is okay that everytime we sell our btc, it pumps as long as we achieved our target profits. We don't have to regret it id we still profited when we sold.
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July 03, 2019, 01:32:27 AM
 #52

I have to be honest, I sold a portion of my BTC holdings when it has gone down less than $5,000. That was too painful to imagine how a $20,000 Bitcoin went down really really low at around $3,000. And the worse thing is that it stayed within that price range for a long time. I was  too frustrated that I was thinking Bitcoin would really stay there for so long that it is pointless to wait more. But now, I have realized that patience is really golden in crypto.
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July 03, 2019, 02:52:29 AM
 #53

I think it's part and parcel of putting our money in crypto specially Bitcoin. Don't you worry, I have experienced it so many times in the past, but what can I do? I needed some fiat because of emergencies so I don't regret selling some of my holding that time.

I'll just try to re-buy everything and save some fiat in my wallet just for a week. So I have a budget plan that I used and try to stretch it as much as possible so that I won't touch my Bitcoin holdings.

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July 03, 2019, 02:54:28 AM
 #54

I have to be honest, I sold a portion of my BTC holdings when it has gone down less than $5,000. That was too painful to imagine how a $20,000 Bitcoin went down really really low at around $3,000. And the worse thing is that it stayed within that price range for a long time. I was  too frustrated that I was thinking Bitcoin would really stay there for so long that it is pointless to wait more. But now, I have realized that patience is really golden in crypto.

Bitcoin drops 80 to 85%  every time it reaches a new ATH. I have personally watched it happen since around 2012. The next time it hits a new high I am guessing around $37,472.63 (Thats where I will sell if I accumulate more coins lol) but remember when the next high is hit you only need to hang in for anlittle bit, Then wait for the "bitcoin bubble" to pop and buy back in at around the 75% crash point! I may not be able to make it but trust me when I say sell, do not buy back it until I say I will make you rich I know the market I just do not have money in even a savings account let alone BTC...

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July 03, 2019, 03:35:12 AM
 #55

It's been very good for me.    The key has been cold storage of coins that I never touch.   It's no different than keeping fiat cash reserves in the bank or holding on to blue chip stocks that you don't touch.    I only sell coins acquired through profit from selling coins in the previous cycle.   

sent from my X6
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July 03, 2019, 03:48:10 AM
 #56

from your statement, I can conclude that you are the type of person who is impatient and doubtful, so as not to experience losses in trading or investing in Bitcoin then it is strongly recommended to exercise patience. I have started to train my patience to not directly sell when the price drops slightly or immediately buy when the price rises a little and have started to make a little profit, patiently seeing the moment is the key to success in Bitcoin. I love Bitcoin Grin



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Rainbot
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Cloi_eth
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July 05, 2019, 07:17:51 AM
 #57

I would prefer to hold till the halving as the bitcoin price prediction by the experts says it may hit upto $23k.
mitchr4
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July 05, 2019, 07:34:25 AM
 #58

I would prefer to hold till the halving as the bitcoin price prediction by the experts says it may hit upto $23k.
The previous halving makes the price of Bitcoin rise nothing wrong for holding a few coins for the next halving. Instead of selling now but not knowing what will happen with the price of Bitcoin later, it is better to hold back your wish to buy something.

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July 05, 2019, 08:01:18 AM
 #59

When  i talk about myself i personally said that  bitcoin is good for me.. whenever i want to sell the bitcoin.. its prices will raised.. so it is good for me..
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July 05, 2019, 08:23:27 AM
 #60

I use Bitcoin for daily trading. In the year 2017, I was able to make a profit, but for the year 2018 many experienced a disadvantage. I also don't think that Bitcoin will go back up as it does right now. So I now do a short-term trade. Buy Bitcoin Katika price decreases and sell it when the price rises. This I did and proved to me can make a profit again.

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