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Author Topic: Every time I sell Bitcoin pumps... Has BTC been good or bad for You???  (Read 1119 times)
michellee
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August 15, 2019, 05:18:57 AM
 #101

Bitcoin has still been good for me because I can take the profit every time I sell. Although I realize that the price now is down deeper than before, I am sure that soon, the price will increase higher. No need to worry for that because of bitcoin still strong to survive in the market and bitcoin only wait for the right time to increase and start the rally. When you want to sell your bitcoin, make sure you sell when the price increases so you can get the profit, and you don't have to regret if you cannot sell at the very highest price because you will get that time comes to you.

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August 15, 2019, 05:27:38 AM
 #102

I think you're just unlucky every time you sold your bitcoin then the price starts to rise, imagine people large amount the same time you do? They will absolutely feel regretful. We cannot predict if bitcoin price will go up or down, hoping you can recover your loss in the future.

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August 15, 2019, 06:02:08 AM
 #103

Lol, try to use a pattern and respect it anytime you buy or sell Btc.

I have my own rule that I always buy only after a price decrease of at least 10-15% as usually price recovers in the near future, and always sell only when market increase with at least 15-20%.

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August 15, 2019, 06:08:18 AM
 #104

You can't always sell the top or buy the bottom. The people that claim they can are either extremely lucky or they are lying. I've also sold BTC way too early this year and originally assumed that $4000 would be resistance since it was the weekly high and where price stalled in Jan and Feb 2019. Then I assumed $6000 would be resistance since its where the previous strong support of 2018 was, I assumed it would be strong resistance and it wasn't.

Same with the $10000 psychological number, I assumed that most people will sell before $10K since its a nice round number and also $9950 or so was the weekly resistance from May 2018, and again price kept going higher and higher. So don't beat yourself up.
Vishnu.Reang
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August 15, 2019, 12:15:48 PM
 #105

You need to understand that Bitcoin is a very volatile asset. The only way of dealing with a volatile asset is to make your own targets. You need to set a target level at which you are going to sell a specific percentage of your coins. You can set another stop loss target as well. If you strictly follow this plan, then the chances are that you may avoid any large losses.
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August 15, 2019, 02:51:25 PM
 #106

You need to understand that Bitcoin is a very volatile asset. The only way of dealing with a volatile asset is to make your own targets. You need to set a target level at which you are going to sell a specific percentage of your coins. You can set another stop loss target as well. If you strictly follow this plan, then the chances are that you may avoid any large losses.
Yes.You can set a goal price when to sell your coins so that if it happened,it will be easy for you to sell your coins without thinking what would be the next price after you had sell out.There's no use looking back at your regrets because it won't help you at all.Move forward and continue dwelling with positive thoughts.After all,you didn't lose,you just only made a little profit at least.

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August 15, 2019, 02:59:35 PM
 #107

in my opinion back from where we got the bitcoin,if from the results of tradding and we sell, we get another profit, then the pump is good, that's good, because we can get the profit so it doesn't matter if the pump, if you want to hold it it's also hard to guess whether it will go down or go up again so just take the middle ground
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August 16, 2019, 04:50:38 PM
 #108

I think you're just unlucky every time you sold your bitcoin then the price starts to rise, imagine people large amount the same time you do? They will absolutely feel regretful. We cannot predict if bitcoin price will go up or down, hoping you can recover your loss in the future.
It’s a very funny thing, it happen most times to some of us, and I think it is just a confidence sometimes, not because the market really wanted to go against us, this is the reason why you see that many people would just die for that ATH, they don’t just bother themselves with the lows and high and even when they see that the market is seriously declining, they just hold on still and waiting for when the bull run will come, I think they have more peace than those that are always selling,.

Like my friend the op has sold, he might have sold when there was profit though, but he would still have lost a lit in future if the market continues to surge and the only chance he gets is to buy at that high, so what is the essence of selling when he would still lose his profit when he buys at higher price.

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August 18, 2019, 02:27:55 PM
 #109

Oh My God I'm so sorry for your mom and your life. I hope everything get better for you soon. Maybe it's just a bit bad luck before success, or maybe you're careless enough to experience those things continuously. I don't mean bad, but maybe you don't analyze the situation well or such. But on emergency like that i think it's okay if you sold your btc because you need money. But then, because btc is volatile you need to know and accept the fact that it can increase and decrease anytime. You just need to analyze and know the right time to sell and buy. Lucky for me, i've been at the time when bitcoin is so high, in 2017. I sold almost all of my bitcoin that time and i don't regret because after that bitcoin price went down. I'm trying to start again from zero and i hope i can do well too this time.

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Oyarebu
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August 18, 2019, 02:40:02 PM
 #110

I have experienced this several time and I don't know why it happens that way.

This is how the whales are fucking you.  They know.  You pay.  Get used to taking it up the ass, that's the way it is going to be for a long time. Or, become a whale.
I can't see iota of truth with your words, because OP problem was impatience and lack of believe to what he or she hold unto, what you never believe will not give out profits, let's lean to trust what we believe, hence things will always fall bad towards us. Whales controlled the.market but they won't force you to sell whenever the.price is going down. We holders sell because of lack of believe on the technology, for me, Bitcoin is a saviour.

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kooboat
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August 18, 2019, 06:19:48 PM
 #111

This is a common phenomenon that happens to many crypto enthusiasts. It is not always that you make huge returns on your holdings so once awhile you can also regret after selling and the price of bitcoin shoots up. But when you continue to sell or hodl and make losses most of the times than making more money then you are not lucky.

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August 18, 2019, 08:26:32 PM
 #112

Sometimes you have to patiently wait for the market to change course if you have a plan to either buy or sell. You just don't sell it because you are feeling bored and wanted to have some fun. I saw some thread here that he sold his bitcoin because he was just too bored and now end up crying, complaining why did he do that. Learn to control your emotion to make a better decision.

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Oyarebu
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August 19, 2019, 09:52:03 AM
 #113

I've experienced this a lof of times, I sold my holding when the price is low I am doing the reverse,  because of financial issue and failure to set aside an emergency fund for emergency use.
This could be justifiable, if anyone is found with such excuse from whatsoever he or she does with her funds in cryptocurrency. But all be said, there is always a need to set aside some funds for emergency purpose and set the ones for investment aside and keep them to be untouche. This has been how I operate my life in the real world and things works for me without street or without any regret, so, I will encourage all to take this advise to avoid regret.

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lixer
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August 20, 2019, 04:45:08 PM
 #114

In this case I blame my fate. In my case it is almost like that. When I sell, the price is low. And with the sale, the price goes up. I just hold it without having to sell it. When $15000 comes, I'll sell it.
We can’t blame ourselves so much in making some of those decisions that has done nothing but work against us, not everyone can trade, and some times, to really know the direction of a coin, you have to apply technical and fundamental analysis, but how difficult it is to really apply both, which is why some of us do use gut instinct, you can only say that your gut instinct has failed you and in cryptocurrency that as a volatile market, the best is just to buy coin at low value and continue to hold it until there is a large increase if we believe that such coin will actually bring a large increase, like bitcoin now, I don’t expect bitcoin to increase lower than $18000 in future, so before I can  take any of my investment in bitcoin, till It reaches $18k, then I can make my decision ten.

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August 20, 2019, 05:12:41 PM
 #115

If you think too much about the past, then you will never taste success in the future. I have seen a lot of people regretting their decision to sell their coins (including myself  Grin). So whatever losses you have incurred, just forget about them and move on. I am 100% sure that you will not only be able to recover them, but to profit from the future trades handsomely.
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August 21, 2019, 05:14:41 AM
 #116

If you think too much about the past, then you will never taste success in the future. I have seen a lot of people regretting their decision to sell their coins (including myself  Grin). So whatever losses you have incurred, just forget about them and move on. I am 100% sure that you will not only be able to recover them, but to profit from the future trades handsomely.

I agree, I have also experienced selling bitcoin at low prices and after being sold, the price of bitcoin rose by more than $ 1000. This happened to everyone and I think this incident will provide a lesson that bitcoin is a long-term investment.

I am sure many others will have the same experience. We cannot blame the market because the market will run with the traders buy and sell. We will see that it is happening in the future because the market will be like that. We should remember that if there is a buy order, then there will be a sell order and every order should be filled. Bitcoin still gives benefits for us, especially if we can use the different buy price and sell price so we can take the profit for us. I think we can learn from those experiences so we can be careful again in the future and we can get a bigger profit.

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August 21, 2019, 05:48:48 AM
 #117

If you think too much about the past, then you will never taste success in the future. I have seen a lot of people regretting their decision to sell their coins (including myself  Grin). So whatever losses you have incurred, just forget about them and move on. I am 100% sure that you will not only be able to recover them, but to profit from the future trades handsomely.
That's why the easiest method of investing in crypto is just to hold, by just holding, you don't have to worry on whatever sideways movement of price because you are only focus on one target, which is to sell when you see the price that could give you profit.

Usually, when we are doing short term trading, it's very stressful if we don't master managing ourselves, our emotion is the main hindrance to success, we forget that we should play it smart using our mind not our emotion.

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