Sell if you have needs for funds, but BUY BACK.

[omone1]

I held JulD from $0.0025 to $0.7, too some profit along the line, left bigger bag with the hope of greater gain, well it dumped badly on me to about $0.13. I am going to watch the end of the game not selling for less. I sold my cake because it dumped badly. had to buy back at a higher price but with less quantity. I hope time proves me right otherwise, I move on. My portfolio is diversified. Always taking profit along the road and having a clear cut portfolio management plan would be helpful, otherwise one will just be lost with moon songs.

[Amejoaquim]

On last Sunday, when I saw news about turkey (banned crypto).

I immediately set a stop loss at $ 58k as quickly as possible.

I was very lucky because not long after I placed my stop loss the market actually correction and right now i already buyback BTC in $54k.

[btc-facebook]

Buying and selling coins is actually not difficult, if you already have a plan from the start,
the most important thing is to take the capital when the coin has increased 2 to 3 times the purchase price,
This will help you to avoid hesitation when selling coins you own,
and buy when the price correction is not easy, better to hold for the long term, this is a safe strategy and gives maximum profit.

[MCobian]

Why force holding coins, if it turns out that we really need money to buy something we really need. I will sell my coins if there is an urgent need,
because sometimes we have to think logically. Later, if we want to buy again, we can do it at any time, because crypto prices are volatile, there
must be an opportunity to buy coins at low prices.

[acener]

I don't have to think about it when I need money I would sell my crypto no matter how strong I believe in it.
I need money to survive and I could earn those money again as long as I live.
SoI don't hesitate on selling my crypto when I needed to.

[gurunanakji777]

I feel sometimes it proves a bad choice to hold for the Long-term if you are in need of funds. Yes, one should sell when need funds do not become greedy for more profit because you never know the market can drop too. We should think both ways. Being optimistic is a good thing but one should always consider the worst as well. Its not easy to buy back because we can not predict the market whether the market will drop further or reverse. 2-3 years back I sold Pundi when I need funds and sometime later when the price drops hard I bought it back. We should try to adapt ourselves according to the circumstances and manage things accordingly. Its not necessary market will give you a chance always to buyback. Sometimes you have to repent also that you sell early and can make more profit by holding sometimes more   

[MFahad]

On last Sunday, when I saw news about turkey (banned crypto).

I immediately set a stop loss at $ 58k as quickly as possible.

I was very lucky because not long after I placed my stop loss the market actually correction and right now i already buyback BTC in $54k.

Your're lucky to buy back as you exited at right time and got back in right time. There are people who sold in panic in 54K thinking they will buy back at 48-50K. If this was the case, then those people would not be able to buy back cheap.

[Argoo]

Of course, we do not deal with cryptocurrency in order to collect it. We look forward to selling it over time at the maximum possible price. Moreover, each cryptocurrency has its own maximum differs from others. Therefore, it will be quite normal if, based on our own assessment of the capabilities of a certain type of cryptocurrency, we periodically sell it - in whole or in part, fixing our profits, and then re-buy at a low price. The whole problem is to find the right time for buying and selling. Moreover, it is impossible to calculate everything in advance. Here, to a certain extent, it will depend on our intuition and just luck.

[max6575]

yes that investors to work according to plan as they might wants to put of decision with the buying on holding and more as releasing possession of token on request with equity funds to work along with the terms as following strategics with the trading plan on projection.

[Becky666]

<snip>

What you should not do, is sell a coin because you are expecting a dump (unless you are quick enough to buy back before a bull rally). Always dyor. Have you been in such tight spots as this before ? Can you share how you escaped it ?

Good advise, becasue we can't hold till infinity then there must be a point that we sell some of these coins, mostly when there are needs for such sell to be made. Those who hear fake news on social medias or news outlets without confirmation before they act aren't doing their self some good favor because they will sell blindly. If that's the case you can quickly buy back your sold coins after realize such actions of yours and when the back bounce back there won't be any regret of any form IMO. Recently something happened to me and i sold my TWT, after some period of time i decided to buyback these coins and am hold for long-term now.

[ipanks]

Alot of traders who hold valuable tokens with good value are hesitant to sell when in need because of the longer term, but it is wrong. Sell a token if you are in need or have needs for funds and have it at the back of your mind that once you are back in shape, you are buying the tokens back to keep your long term vision alive.

What you should not do, is sell a coin because you are expecting a dump (unless you are quick enough to buy back before a bull rally). Always dyor. Have you been in such tight spots as this before ? Can you share how you escaped it ?

I agree with the @OP because if we are in urgent needs and we really need money, we should sell the tokens that have a good value to fill the needs as soon as we can. We can buy back the token in the future, especially when the price is down, because usually after the token price reaches the highest price, the price will go down a lot, so that will be your time to buy back with the money you have. I often have on that situation, and I realize that I can not do anything except selling some amount of the coins, but I will buy back the coin if the coin has a good potential to increase in the future.

[irsykes]

Alot of traders who hold valuable tokens with good value are hesitant to sell when in need because of the longer term, but it is wrong. Sell a token if you are in need or have needs for funds and have it at the back of your mind that once you are back in shape, you are buying the tokens back to keep your long term vision alive.

What you should not do, is sell a coin because you are expecting a dump (unless you are quick enough to buy back before a bull rally). Always dyor. Have you been in such tight spots as this before ? Can you share how you escaped it ?

I did that a lot   especially if just wake up and see late for the moment that just come like pump and then back to it's price again which is my other mistake to not put sell order. And then usually i panic and afraid price will down because just pumped and then sell all of mycoins whatever it give me profit although a little. Still really learn how to avoid it but it is hard.

[laredo7mm]

Alot of traders who hold valuable tokens with good value are hesitant to sell when in need because of the longer term, but it is wrong. Sell a token if you are in need or have needs for funds and have it at the back of your mind that once you are back in shape, you are buying the tokens back to keep your long term vision alive.

I always have this type of thinking in my mind but the problem is when I try to rebuy most of the time that coin price goes higher than where I sell them. This happens often that when I sell my holding for some time price of that coin goes up after I sell them. Also doing small trade than holding is a good option I think. Hold part of it and trade with some part. The market won't go straight up it will flow like a wave.

[carlisle1]

Of course, we do not deal with cryptocurrency in order to collect it. We look forward to selling it over time at the maximum possible price.
Moreover, each cryptocurrency has its own maximum differs from others.

Each crypto have it's own individual pricing, the hypes that it can potentially driven is unpredictable, traders and investors are all speculating and they

have their respective targets from each available assets that they are holding.

Therefore, it will be quite normal if, based on our own assessment of the capabilities of a certain type of cryptocurrency, we periodically sell it - in whole or in part, fixing our profits, and then re-buy at a low price.

Investors are relying with how good they've assess the project, most of the time the set targets are decent to collect the profits then try to buy back to hold for another pump.

The whole problem is to find the right time for buying and selling. Moreover, it is impossible to calculate everything in advance. Here, to a certain extent, it will depend on our intuition and just luck.

Depends from how deep you understand the flow. Your knowledge will lead you maximize your benefits, your luck will bring more for sure!

[Gorosden]

The fact is always look out for the dips, we are still in bull market but whales are shaking off the weak hands, making them think that the bull is done for, it's all a nice trick, I make good money day ago when ETH dump to 2020$ and today it's 2247$, I will keep waiting for more dips

[Cling18]

There are really unexpected situations where we have to sacrifice our holdings and sell them because of our personal needs but based on my experienced, I realized that buying back and reinvesting is important to gain a good profit in the future. As long as our chosen coin has a good potential and we know how to buy it at the right time, then we should never be afraid to take the risk.

[imstillthebest]

long term is imaginary and we are not tied to that expectation but we can do what we want because we are the one that control the coin and its not the coin that control us .
 sell if the token has a good value before it will loose it and if you loose the oopurtunity your regrets are doubled up  .
save it in the front or side of your mind and not in the back because back is farther and you can forget your mission of buying the coin back once your life is back   at normal .

[Yatsan]

survival should be the first which is why this is correct. i think people find it difficult to keep track of their token and when they sell they dont usually buy back, thats why they usually settle for long term. trading is like a business which should be documented, no matter the amount of tokens you are holding, documenting will help to track and buy or sell when its needed.

This is indeed right. Survival must serve as one of our priorities to be able to last longer in this industry. Do not push yourself too hard into the extent that you are already neglecting your limitations. If you are badly in need of funds, better not to make it too hard for yourself. Be wise on doing necessary things that will make you be able to have some sort of resources. You still have lots of time to regain possession and your position.