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Author Topic: Should I sell ADA for loss to buy more bitcoin at this dip?  (Read 686 times)
lablab03
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April 30, 2021, 04:27:07 PM
 #61

What are you joking? At loss seems unnecessary unless you know bitcoin will pump its price 10x after you sell it,maybe a good idea.. But  without any idea its like you're jumping in the building especially when you put your money to bitcoin and it collapse   lm. For sure your dead.. Lol.. Dont be greedy bro be practical as long as you see the coin still alive there's always a potential to regain your losses.. Dont lose hope..
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May 01, 2021, 05:20:25 PM
 #62

If you have as much as $ 100 in funds, you should choose a coin with a lower price such as BNB, or a coin that has the potential to carry it. Personally, I might prefer ADA to holding bitcoins if I had such an amount of money. it's because the amount I have is more, so the potential to increase is also quite large. other than that, BNB is also a good choice considering that bitcoin and ETH have very large fees at the moment. after all, it is the advice I give, and the decision is yours.
100 dollars is an amount of money so low that the OP cannot really do anything with it, if he wanted to move those coins on the bitcoin or ethereum network he will lose 10% of his coins just on that, if the OP wants to do something with that money then he will need to find a coin outside of the top 100 that has its own blockchain and try his luck there otherwise the fees alone are going to be enough to make him lose most of his capital relatively quickly.
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May 04, 2021, 03:43:49 AM
 #63

At the moment ADA has recovered successfully, I would not think of selling because although it had a drop last week when the price of BTC rose a bit, ADA had a sustained recovery, I think that while there is an eventual and latent season of altcoins at least ADA should not be sold, this short-term analysis can give us an idea:

Quote
Cardano (ADA) has been sustaining above the 20-day EMA ($1.27) for the past few days, suggesting the bulls are in no hurry to book profits. The altcoin remains on track to resume the up-move and reach the $1.48 to $1.55 resistance zone.



Source: https://cointelegraph.com/news/price-analysis-5-3-btc-eth-bnb-xrp-doge-ada-dot-uni-ltc-bch

I think that many will expect the price of ADA at approximately 2usd, it is speculated that when it reaches that price many will sell.

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onecall123
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May 04, 2021, 06:42:48 AM
 #64

It's good to diversify on last major market dump when Bitcoin dropped below $50K, I sold a portion of my bags ADA, and few other alts not doing too good and until now i'm satisfied. Bought back already some major alt and buying back every day some ADAs as well as these are my good solid bags. Since you have low amount, it would better stay with ADA.
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May 04, 2021, 01:50:07 PM
 #65

if u still hold , dont try to sell it, ADA will bring a new thing on their blockchain, a kind like NFT for sure, and we know exactly NFT is the biggest hype on this year .

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May 06, 2021, 02:36:03 PM
 #66

I think that at the moment ADA is in an uncertainty due to the market movement, Bitcoin makes the difference with respect to all altcoins, although there is strong resistance due to the movements of May 4, now it may have a recovery if Bitcoin is in trend or enter a bullish rally.

I don't think it's a good idea to sell right now, and if you stay in Hodl mode and if the bullish movement triggers, your profit would be lost.

This article shows what one analyst thinks about it:



Quote
The ADA/USDT pair is likely to face stiff resistance near the $1.48 to $1.55 zone. If the price turns down from this zone, the pair could again drop to the moving averages and extend the stay inside the range for a few more days.
Source: https://cointelegraph.com/news/price-analysis-5-5-btc-eth-bnb-doge-xrp-ada-dot-ltc-bch-uni

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MishaSER
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May 08, 2021, 05:31:26 PM
 #67

I don't see a lot of profit in this coin, coinmarketcap is currently ranked 7th. Let's say ADA moves to the 4th-5th place, the capitalization will be approximately 80-90 billion, almost 2 times more, accordingly the price should be about $ 2.8. In my opinion, there is no point in investing, the profit is small.

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May 09, 2021, 04:44:15 PM
 #68

ADA holders will always win if the market continues to be bullish at its peak, the current ADA price has provided a profit if you still hold ADA it will provide maximum profit, it is very attractive if you buy ADA when the bear market, the profits you get, will definitely be greater. ADA top 6 Coinmarketcap until now has also been able to grow and is very valuable that ADA has great potential to be more valuable.


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May 09, 2021, 08:56:58 PM
 #69

Keep ADA for now because alts season is coming up, and you don't want to be left out. Benefit as ADA reaches its All-Time High; even though the amount is small, if it pumps, the OP might make a lot of money. As a result, he will track the ADA market and sell when it reaches its height. In the very least, you're making a profit rather than losing it.
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May 10, 2021, 03:40:52 AM
 #70

If you're already loss why you need to move into another coins, just remember ADA is a good coin if you hold this coin for long term you will be rewarded at the end.

But, at the end is your choice to if you think BTC can give you more profit then just go ahead.
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May 10, 2021, 06:38:04 AM
 #71

ADA holders will always win if the market continues to be bullish at its peak, the current ADA price has provided a profit if you still hold ADA it will provide maximum profit, it is very attractive if you buy ADA when the bear market, the profits you get, will definitely be greater. ADA top 6 Coinmarketcap until now has also been able to grow and is very valuable that ADA has great potential to be more valuable.

ADA holders are now enjoying what they are seeing inside the market, currently moving upwards and still gaining supports and investments.

If you still have it until today surely you see a huge profits in a span of almost 3 weeks, and if you are still positive and you bought more while corrections
is still ongoing,

You are adding more money to your investment and you'll earn more if you believe that this coin will achieved higher than this current value.
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May 10, 2021, 05:25:32 PM
 #72

If you're already loss why you need to move into another coins, just remember ADA is a good coin if you hold this coin for long term you will be rewarded at the end.

But, at the end is your choice to if you think BTC can give you more profit then just go ahead.
Moving on to another coin, we are also maintaining losses, possibly even more later, instead of devising such an ineffective strategy, we should read more about the ADA project and compare its value in the past, the graph clearly shows it is still a good project and there will be no shortage of profit opportunities, maybe profit at that time is not yet coming but right now, ADA is really profitable, the bullish season will help the altcoin top go up, don't worry and redirect too quickly

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May 10, 2021, 05:49:39 PM
 #73

ADA moved horizontally for a long time. It upset its investors, but the recent ups and downs are really surprising. I think better days are waiting for Ada. I hope we continue this way and continue investing.

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May 11, 2021, 02:02:04 AM
 #74

If it's only a matter of 100$ then hold ADA for now. Also, ADA has recovered significantly from the point when you posted this, so if you don't feel like holding it then better to sell it for BTC. Recently BTC is fluctuating too much and there is no proper speculation on which side BTC will move so hold USDT until it settles or if you believe in the long term then just buy BTC and forget it.

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SyndicateLabs
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May 11, 2021, 02:28:30 AM
 #75

I can say that it is a small amount for me in my current portfolio, but it does not matter because it depends on your current position when entering this market. Will you accept to lose money by entering this market, or it is just a test of your upcoming greed in the near future? Just taking the point of being serious from the beginning and being satisfied with what you have, I think you do not let your emotions affect it only for a short time that makes you lose control. Know that you have a great chance when the current market trend is still up and don't let greed get you out of here.

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May 11, 2021, 05:19:44 AM
 #76

If it's only a matter of 100$ then hold ADA for now. Also, ADA has recovered significantly from the point when you posted this, so if you don't feel like holding it then better to sell it for BTC. Recently BTC is fluctuating too much and there is no proper speculation on which side BTC will move so hold USDT until it settles or if you believe in the long term then just buy BTC and forget it.

If you believe with it then it's really good advise to buy and keep it inside your safe wallet then forget it,

either setting a target and make sure you have notification alarm once your target already been reached

it's the best way to sell it out and take your profits, better than keep checking the market and be shake

when you see the value dropped a lot.
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May 11, 2021, 07:29:45 AM
 #77

Keep ADA for now. They have Africa Special in 6 days and maybe they will present some big news there. If it comes to be like that ADA will really pump in price so I would hold for now.

I agree with you, I think the best move for now is hold your ADA. I also think ADA price will pump up this month, maybe itu will hit $2.
But if you have extra money you can also invest some in bitcoin, because the price is decreasing right now, and we can gain some profit if bull run happen later.

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May 14, 2021, 10:25:03 PM
 #78

At the moment ADA has a certain laterality, since the price has not changed much, although it has had good sustained growth, ADA is a currency that can take a bullish turn, even you can even think of a new ATH, the BTC is recovering, it is very likely that we will have a pleasant surprise, a buyer volume is seen.


Quote
Despite a short correction today, further growth might happen. At the moment, the crucial mark for bulls is to conquer $2. If they succeed, they may bring the coin to $2.20.
Source: https://u.today/btc-eth-xrp-ada-and-bnb-price-analysis-for-may-14

ADA is an excellent currency to make HODL, for now I think that those who have ADA, in 1 or 2 weeks you can see new prices even reaching more than 2USD.

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May 16, 2021, 12:14:08 AM
 #79

All morning, I just saw the price on the ADA market go up by 8% (2.2 $).  ADA is a good coin, so I recommend sticking with it.  I am sure that in the future there will be a significant increase.  Like the Doge coin, Stellar used to be a small price, but now it's really going up in price.  The market price value is strongly influenced by market players but is also influenced by the benefits of the coin in society.
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May 27, 2021, 12:21:59 AM
 #80

It is always good to buy low and sell high, I think this is one of those opportunities that can be bought and sold in the medium or long term, I am sure there will be very good profits with ADA:


Quote
The bulls will now try to push the ADA/USDT pair to $2 and then to the all-time high at $2.47. A break above this resistance could signal the start of the next leg of the uptrend. However, the flat 20-day EMA and the RSI just above the midpoint suggest a few days of range-bound action.
Source: https://cointelegraph.com/news/price-analysis-5-26-btc-eth-bnb-ada-doge-xrp-dot-icp-uni-bch

This type of analysis shows what can come, this gives as a motivation for risk, of course buying now would be an excellent option because I am sure that ADA will pay off.

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