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Author Topic: sold mine at 14100 dammitttt  (Read 912 times)
Question123
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December 06, 2020, 01:28:25 PM
 #121

There is chances in our life that we are make mistakes but lesson learned from what we are doing in the past . But getting profit when you sold your bitcoin is still good but the problem is you did not wait to rise just like what happen now in the market the price is nearly 20k dollars you lost some profit but the good with that is you still have a chance for shorterm investing but taking risk is needed because dump will happen anytime if crypto holder panic so invest at your risk and also to the money that you can afford to lose.
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December 06, 2020, 03:07:40 PM
 #122

^I would say that making a profit by selling early is still making a profit and people ignore that part. I understand that people would like to see a lot more money and a lot more profit, we are greedy in our nature and that could be very well the reason why the world has as many economical injustice as it is because humans have a desire for being richer than the other person.

However in reality, if you made profit by buying at $10k and selling at $14k you are still in a 40% profit and that is just as good as you should be happy for. I understand if you made 90% profit instead of 40% profit that would have been better for you, but you made that profit so why all the fuss about people selling too early or not buying back at the right time? I do not see the point of it.
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December 06, 2020, 05:23:54 PM
 #123

Many times people get rekt by this strategy as price does not come back in the bull market. This is not a good strategy to convert to USDT and then again buy bitcoin.
However, you can still wait and hope that bitcoin will dump to 14,000$ before crossing 20,000$.

This is not a bad strategy - at least he exited profitably. He doesn't have to go back to the market and feel like he missed out on profits.
A much more dangerous strategy is to buy a falling asset in order to average out your losses or buy an asset that has already grown strongly, in this case it is probably better to stay out of the market. I believe bitcoin will continue to rise, but the likelihood of a major pullback is also high.

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December 06, 2020, 05:54:49 PM
 #124

My last sell was at 17k (regular sell) so I'm sort of missing the top myself, and I sold enough to skip one more sell which was supposed to be today, which would have netted me about $19k -- so yeah, we all took some risks timing. I don't mind though, I'll probably be doing bi-monthly sells now whenever I can to make the most of the rally and invoicing at dips.

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March 03, 2021, 04:20:10 PM
 #125

Hope you bought back at 15,200

but only if you learned your lesson and decided to not break the #1 rule of Bitcoin -> HODL
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March 03, 2021, 05:01:19 PM
 #126

Its hard in trading to buy back at a higher price but the point is that after some time it can be a safer trade then the initial situation.    A classic example of this would be results release in a share which can spike the price both ways before settling into a proper trend in a more final direction.   But also any price can be altered by jobs report or a talk given by the FED and this even applies to the BTC price, we have jobs data coming out for USA this Friday I think and its only one country but Dollar is by far the dominant FIAT trade worldwide and so will alter the BTC price at that time.   
   Future is always unknown and trading is lots of maybe maybes.    The 15k area was a trend break of the decline since 2017 peak, I even had this drawn on my chart I just didnt know it mattered on such an epic scale as we've seen the price rise.

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March 03, 2021, 07:45:54 PM
 #127

no no no and noooo
 I sold a lot of my coins at 14100 thinking it will go a bit down and I will buy it back with profit

well now the btc is 15200 am I out? should I buy it back at current rates? or are we excepting down movement anytime soon? Sad(

please say something will make me feel better dammitt

and sorry its my first post but I check and read a lot of your messages almost everyday
This thread in 2020, and sell all his coin at $14K, what do you think about his feelings if he knows that today, the current price of Bitcoin is $50K?? So much pain. This is the real story that people cant become a holder will regret his decision. So HOLD guys, for a better future
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March 03, 2021, 08:12:32 PM
 #128

Hope you bought back at 15,200

but only if you learned your lesson and decided to not break the #1 rule of Bitcoin -> HODL
You are right, HOLD is the no1 rule and the most important rule that should not be broken because if you break it, you will regret it sooner or later. Bitcoin is freedom so keep Holding it is the right move. It would be sad if he knew the price of Bitcoin

This thread in 2020, and sell all his coin at $14K, what do you think about his feelings if he knows that today, the current price of Bitcoin is $50K?? So much pain. This is the real story that people cant become a holder will regret his decision. So HOLD guys, for a better future
He doesn't sell all of his coins but only sells a lot, probably almost all .. lol

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March 03, 2021, 08:58:23 PM
 #129

no no no and noooo
 I sold a lot of my coins at 14100 thinking it will go a bit down and I will buy it back with profit

well now the btc is 15200 am I out? should I buy it back at current rates? or are we excepting down movement anytime soon? Sad(

please say something will make me feel better dammitt

and sorry its my first post but I check and read a lot of your messages almost everyday
This thread in 2020, and sell all his coin at $14K, what do you think about his feelings if he knows that today, the current price of Bitcoin is $50K?? So much pain. This is the real story that people cant become a holder will regret his decision. So HOLD guys, for a better future
Nothing is assured when it comes to future talks thats why mistakes like these are really very common but people shouldnt really stress up theirselves because looking
back where prices is still unpredictable.We didnt even expect on breaking out its previous ATH in no time and did able to break even higher heights.
Try to sneek back on how we do able to gain on that time, then thats really a thing that shouldnt really be regretting around.If you had missed out the opportunity
to make big money then you can always apply your experience onto the possible upcoming things to come in your way.

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March 03, 2021, 10:39:08 PM
 #130

Hope you bought back at 15,200
Hopefully that he did but based from his last post, he seems not.
but only if you learned your lesson and decided to not break the #1 rule of Bitcoin -> HODL
There are chances that this number one suggestion of everyone might be broken by an actual holder. Situation changes and if you have no other option to make and selling is your only option, that's a very unfortunate scene but someone who will be in that situation would have to think of not selling all.

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March 03, 2021, 11:54:24 PM
 #131

no no no and noooo
 I sold a lot of my coins at 14100 thinking it will go a bit down and I will buy it back with profit

well now the btc is 15200 am I out? should I buy it back at current rates? or are we excepting down movement anytime soon? Sad(

please say something will make me feel better dammitt

and sorry its my first post but I check and read a lot of your messages almost everyday
This thread in 2020, and sell all his coin at $14K, what do you think about his feelings if he knows that today, the current price of Bitcoin is $50K?? So much pain. This is the real story that people cant become a holder will regret his decision. So HOLD guys, for a better future
Hold for the long term also has a big risk, when people have entered a greedy situation, the market will respond in a way, do you remember in 2018? By the time bitcoin price peaked I'm sure everyone thought it would be $ 50k or more, and the market answered the opposite, Bitcoin price fell 90% from 2018 to 2020, how? we don't know the future, all we know is don't be greedy and don't be regret it.

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