jessyj48 (OP)
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November 21, 2020, 09:41:28 AM |
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In 2017 when bullrun took over crypto space and many altcoins joined later some people still keep holding thinking that their altcoins will keep surging and surging, little did they know that bull season always have short life span when comparing to bear season, bear season can stay for years but bull season is just in months, so why are you holding when you should be selling?
Remember that some bought bitcoin at 20k and they have no choice but to hold till today, imagine all this year's waiting just to get back to where you once are. Bitcoin is over 18k now, good for them cos they are near recovery since 2017.
Know when to get in and know when to get out, don't be a greedy bastard.
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bL4nkcode
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Limited in number. Limitless in potential.
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November 21, 2020, 09:52:53 AM |
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Actually, I'm on the same boat like you mentioned, though I never bought bitcoin at that price or so, it just that I didn't sell my holdings while bitcoin was on 20k or 18k~ish thinking that it will still recover (I guess most of us had did the same). But anyway, those past will not happen again since I learned a lot from those bullrun, hope everyone should as well.
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Bitbtc8
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November 21, 2020, 09:53:11 AM |
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It's greediness to keep holding your tokens when price is surging, many made the mistake in last bullrun season of 2017 and after February 2018 bears attacked the market dragging every single coins and tokens to its feet, Bear market is always the best time to buy coins and build portfolio and Bull market is the best time to make gains and take profits
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didzi
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Hodlers Network
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November 21, 2020, 10:27:28 AM |
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In 2017 when bullrun took over crypto space and many altcoins joined later some people still keep holding thinking that their altcoins will keep surging and surging, little did they know that bull season always have short life span when comparing to bear season, bear season can stay for years but bull season is just in months, so why are you holding when you should be selling?
Remember that some bought bitcoin at 20k and they have no choice but to hold till today, imagine all this year's waiting just to get back to where you once are. Bitcoin is over 18k now, good for them cos they are near recovery since 2017.
Know when to get in and know when to get out, don't be a greedy bastard.
the key is patience, maybe if people want to learn about technical analysis they will know when the right to enter and exit the market and always invest only what you can afford to lose
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Novatech8
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Sovryn - Brings DeFi to Bitcoin
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November 21, 2020, 10:38:41 AM |
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Many investors have the dream of becoming future whales and all they think is holding coins for many years, I can't say this is complete greediness, some are able to achieve their aims with last 2017 bullrun, here is what most failed to understand.
Real bullrun season comes once in a while, could take more than four years for another bull run to start so the trick is understanding the market very well, learn well to let go and learn when to buy back.
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tycsols
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BountyMarketCap
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November 21, 2020, 10:39:52 AM |
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In 2017 when bullrun took over crypto space and many altcoins joined later some people still keep holding thinking that their altcoins will keep surging and surging, little did they know that bull season always have short life span when comparing to bear season, bear season can stay for years but bull season is just in months, so why are you holding when you should be selling?
Remember that some bought bitcoin at 20k and they have no choice but to hold till today, imagine all this year's waiting just to get back to where you once are. Bitcoin is over 18k now, good for them cos they are near recovery since 2017.
Know when to get in and know when to get out, don't be a greedy bastard.
Do not really worry about the price at the moment because new high point or peak for btc will be massive but your post kind of suggests that the profit should be taken at previous high levels i think potential is much bigger now. yes there are chances of dips and corrections as well but overall trend will remain bullish.
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Novatech8
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Sovryn - Brings DeFi to Bitcoin
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November 21, 2020, 10:40:25 AM |
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Don't hesitate to sell your altcoins when bull season is out and you can buy back when the bullrun is over, you will have more quantities of coins in your portfolio this way, that is if you want to stay in the game for many more years, remember that not all altcoins are good for long term hold so choose your altcoins wisely
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Dr.Osh
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November 21, 2020, 10:44:12 AM |
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Well, I know nowadays a lot of people are wondering whether they need to hold or sell their assets. but, what I believe is, this year is still warming up before the real bull run starts in 2021. well, but for now, I still hold onto the assets I have and believe that the price will be even higher until the end of the year.
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Adreman23
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SOL.BIOKRIPT.COM
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November 21, 2020, 10:47:44 AM |
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We dont know if what happened in 2017 will happen again on next bull run or it will be the opposite. People have their own decisions, when to sell or buy. But i think if one really satisfied with his/her profit then they can sell thier coins and tell themselves that even if the price of the coin increases after they sell, they will not regret it.
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kayvie
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November 21, 2020, 10:54:39 AM |
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Thatis what investors should realize. Instead of holding onto their bags until their expected amount which might not happen because of their high expectation, it would be better to sell when the current price is still high. Once they get their profit even if it is not big enough, it is better than waiting again for years without the guarantee of how long they will wait.
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Sanitough
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November 21, 2020, 11:10:35 AM |
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Know when to get in and know when to get out, don't be a greedy bastard.
Exactly, this is very important, learn to diversify your investment as well, divide it into long term and short term, and now we are close to the bull run, we should be ready in making the right decision. We don't know what price it will stop, but one thing is sure, it will not continue to pump one way, a correction is going to happen, probably big correction, so be ready on that as well.
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tsaroz
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November 21, 2020, 11:16:26 AM |
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If you are afraid of the market, you won't be able to make a profit on it. The secret of not falling for a bull or bear trap is to use a stop loss. If you feel like the price is still going to increase and you intend to buy, don't wait for it to decrease. As it may not. Buy some and put some stop loss if you are wary of a sudden crash. But be sure to keep the limit balanced as a high one may hit and the price rise again and if it's too low, you'll have a larger loss.
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Mpamaegbu
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Once a man, twice a child!
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November 21, 2020, 11:21:27 AM |
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Know when to get in and know when to get out, don't be a greedy bastard.
This is a hard saying. Knowing when to get in is easier than knowing when to get out. I was among those who saw the bull run of 2017 and also saw the crash that followed suit. My guess is that a fall is expected to come a year after post halving. That should be around 2022. 2021 should see more bullish move than what we currently are experiencing now. Anyone who is selling now, for me, will be selling too quick. Again, being greedy in taking profit isn't a problem but being TOO greedy is the problem.
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Before you boast of your material acquisition, take a stroll to a morgue and there you will find those who were once better than you're. Only fools think they've it all. Stay humble 🤔
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TastyChillySauce00
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Leading Crypto Sports Betting & Casino Platform
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November 21, 2020, 11:26:09 AM |
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The problem is people didn't know which position they can see that as the best position. Sometimes when you are selling your bitcoin and it goes even higher to create a new floor above your sell price. that means if you are getting a lose too. It's a very difficult thing to determine when you must sell your coins or hold it. The only best thing to sell some to anticipate the dump and keep the rest for the pump.
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sunilkumars
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November 21, 2020, 11:37:49 AM |
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In 2017 when bullrun took over crypto space and many altcoins joined later some people still keep holding thinking that their altcoins will keep surging and surging, little did they know that bull season always have short life span when comparing to bear season, bear season can stay for years but bull season is just in months, so why are you holding when you should be selling?
Remember that some bought bitcoin at 20k and they have no choice but to hold till today, imagine all this year's waiting just to get back to where you once are. Bitcoin is over 18k now, good for them cos they are near recovery since 2017.
Know when to get in and know when to get out, don't be a greedy bastard.
First thing is learning technical analysis it's main reason to people's repeated same mistakes and so many people don't know witch time to buy and witch time to selling . people have a good patience don't doing mistakes so many people panicked then tokens buying are selling it's the mistake this type of mistake repeated continues understand what happened were is market going witch price can buying and selling ana learn technology analysis and Market trends it's so many factors first you can learn you don't repeated mistakes
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Gotumoot
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November 21, 2020, 11:47:28 AM |
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In 2017 when bullrun took over crypto space and many altcoins joined later some people still keep holding thinking that their altcoins will keep surging and surging, little did they know that bull season always have short life span when comparing to bear season, bear season can stay for years but bull season is just in months, so why are you holding when you should be selling?
Remember that some bought bitcoin at 20k and they have no choice but to hold till today, imagine all this year's waiting just to get back to where you once are. Bitcoin is over 18k now, good for them cos they are near recovery since 2017.
Know when to get in and know when to get out, don't be a greedy bastard.
This is what I am scared of right now would it repeat how it was in 2017 would we experience again a continuous drop after it reach the peak or would it only have a short time correction and stay high and mighty. I don't want to get my hopes too high again we already experience a huge drop from our greediness so I would be cautious this time.
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Kupid002
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November 21, 2020, 12:07:41 PM |
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Your so rude but yeah many of holders before are continue hodling their Bitcoin and forget to secured their profit before it decrease it's value thats why many people also lost that time. But I am sure this time different right now Bitcoin has much more secure movement compare to what happen in 2017 .
The only thing I think will happen is those who will buy altcoin and thinking that it will give them much higher gain but in the end they will lost thier BTC value and get less Bitcoin compare to how much they bought it .
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qazgroup
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RiveMont
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November 21, 2020, 12:12:42 PM |
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In 2017 when bullrun took over crypto space and many altcoins joined later some people still keep holding thinking that their altcoins will keep surging and surging, little did they know that bull season always have short life span when comparing to bear season, bear season can stay for years but bull season is just in months, so why are you holding when you should be selling?
Remember that some bought bitcoin at 20k and they have no choice but to hold till today, imagine all this year's waiting just to get back to where you once are. Bitcoin is over 18k now, good for them cos they are near recovery since 2017.
Know when to get in and know when to get out, don't be a greedy bastard.
Do you have a superior mind or a crystal ball where you can see the exact peaks and dip levels? I do not think there is much to blame here because everyone has his own situation and financial strategy and affordability. Personally i will hold till price grows to new highs and expected peaks.
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S_Therapist
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November 21, 2020, 12:35:35 PM |
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No one can predict what is going to happen obviously, if you sell and the price keep rising, will not you regret, you will certainly. However, I would be more happy to increase my portfolio volume, thus I have achievement where I will sell and how much profit I want. Remember that some bought bitcoin at 20k and they have no choice but to hold till today, imagine all this year's waiting just to get back to where you once are. Bitcoin is over 18k now, good for them cos they are near recovery since 2017.
There are a lot of people who got out from the market selling at the lower, I can't remember the recent lower of BTC at the moment.
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desfira
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CLEVERBOUNTY
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November 21, 2020, 12:42:43 PM |
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Many think that bitcoin will reach a value of over $ 20k, that therapy is just speculation, we don't really know the future price. But I myself predict the bitcoin price will be over $ 20k, but I don't know when that will happen
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