trauchot
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June 04, 2021, 02:00:57 PM |
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I sold most of the cryptocurrencies at the peak of the growth of the cryptocurrency market, but I also sold some cryptocurrencies when the correction of the cryptocurrency market began and it was not in vain that I did it, since many of these cryptocurrencies that I sold now have dropped very much in price, and the most important thing is that I got a good profit from the sale of various cryptocurrencies and now I am waiting for the right moment to reinvest in various cryptocurrencies.
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rahmathidayat93
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June 04, 2021, 02:08:29 PM |
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if I were you, then I would stay HOLD and not sell during a decline, because you will lose your money, therefore I always recommend to investing using money that will not be used in the near future, so if the price of cryptocurrency that you invest is down, then you will not worry and can HOLD until the price increases again, so you can get profit again without having to panic sell (lose your money).
It's just a method that should be followed by everyone who wants to invest, because by using money that is not used for other things, it will always be free from the burden of thoughts when a price decline in the market occurs, only some people who dare will not care about this.
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Cling18
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June 04, 2021, 02:15:45 PM |
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This kind of situation has happened before and luckily, I learned from that already. I'm glad that I have sold my holdings during the bull run and I was able to buy and accumulate more again when the price strikes down. It's just a matter of perfect timing and setting a target goal would be a big help. Panic selling during the dip would only result in losses in the future.
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ChaoChibai
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-ethernity cloud-
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June 04, 2021, 02:20:15 PM |
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Honestly wanted to ask and to discovered the newbies among us. i though of creating a vote but it is not Necessary. i really wanted to ask if there are members of this community that sold off during the last dip thinking that the market has crashed. alot of friends kept complaining that bitcoin and alts will go deep down and it will take months before coming back.
Really wanted to find out people that lost their grip and sold off. what really was your main reason for NOT holding...
Well for me i believe that market will be recover. So i never consider to sold my assets. For me, it is better for you to hold your assets because market will no go down more than nowadys.
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Jackl87
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June 04, 2021, 02:21:57 PM |
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Honestly wanted to ask and to discovered the newbies among us. i though of creating a vote but it is not Necessary. i really wanted to ask if there are members of this community that sold off during the last dip thinking that the market has crashed. alot of friends kept complaining that bitcoin and alts will go deep down and it will take months before coming back.
Really wanted to find out people that lost their grip and sold off. what really was your main reason for NOT holding...
No i did not sell off my cryptos during the dip and i pity everyone who did that. I am just not that kind of person that is so easily to upset by falling courses. I mean of course it was and it is still very annoying to look at my portfolio now that it has only 1/5th of its value in comparison to the beginning of may, but selling off now would just be completely wrong in my opinion except you invested money into crypto that you need for living and you are afraid that the prices are dropping even more and you want to avoid a even bigger or total loss. If you did that you already made a mistake because you should only invest money into crypto that you can easily afford to lose.
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BintangBuleun
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June 04, 2021, 03:31:56 PM |
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Honestly wanted to ask and to discovered the newbies among us. i though of creating a vote but it is not Necessary. i really wanted to ask if there are members of this community that sold off during the last dip thinking that the market has crashed. alot of friends kept complaining that bitcoin and alts will go deep down and it will take months before coming back.
Really wanted to find out people that lost their grip and sold off. what really was your main reason for NOT holding...
I think under these conditions we can only make short-term trades. This kind of trading will reduce the losses incurred. If you wait until Bitcoin and alt are at their peak, it will take a long time. Reduce your losses with short term trades.
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Darktongue
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June 04, 2021, 03:52:48 PM |
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Almost all of us fell in the current dip, but only a few people were sold off. I know this information because I don't stay away from the Total coinmarketcap. Although the market fell from 2.5T to 1.4T. I lost almost 3k USD because I didn't sell off my holding tokens. I won't sell off in the next dio but switch to another altcoins.
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dark1234
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June 04, 2021, 10:19:33 PM |
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I think this is a trade where not everyone will benefit and the success of what has been analyzed not only newcomers, old players are also not spared, this is because it can be possible; due to lack of knowledge, experience and most importantly the traders' emotional questions
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Rexler
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The Standard Protocol - Solving Inflation
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June 04, 2021, 10:30:58 PM |
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Alot of noobs would have probably sold off their crypto bags in losses during the last dip, same with those people who buy whatever Elon Musk shills, In my case I think it's pointless selling off in losses, so instead I will be holding into my bags till the market recovers from the last crash, which as you said will take a months, cause there isn't any bullish news about bitcoin these days, starting to feel like the bull run has ended already, I just hope am wrong.
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viananda2525
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Axioma Holding - Axioma Pay Crypto Card
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June 04, 2021, 10:37:41 PM |
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Of course not because I've been in this market for a long time, and I think the market is still bullish. so I still hold the coins that I held before and will sell them all at the end of the year, because I have made a target when to sell and buy the coins that I plan to.
Yes, if the Bullish market continues then it is still very good to hold the good coins and buy some other coins when the price declines, because the double profits will always come when the market starts to move up in the year. there is no way except holding our assets, if we sell it now ofcourse alot of money will losses. wait till all crypto currency back to normal price is wish decision for us . just remember this year predicted as best year , there are alot interest from institution for making investment in this market. looks like they waiting for best price before entry.
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Distinctin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 04, 2021, 10:45:50 PM |
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I think this is a trade where not everyone will benefit and the success of what has been analyzed not only newcomers, old players are also not spared, this is because it can be possible; due to lack of knowledge, experience and most importantly the traders' emotional questions
Because if you just come in here without any knowledge about crypto, you are making yourselves just like a testing machine. A lot of people succeeded in crypto investment because they actually know what they gonna do. But also, it was unfortunate that many were lose their money because of its ignorance. I could blame myself at once but after suffering a big loss before, I realize the importance of how to control our emotions and must have to think wisely.
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kojektea
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June 05, 2021, 01:49:05 AM |
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I sold it, And keep everything to USDT, because at the moment the crypto market has not recovered and it took months to become altcoin season or the market is back bullish, I hope it happens again in order to be able to trade and restore my current losses.
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bitzizzix
Sr. Member
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Payment Gateway Allows Recurring Payments
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June 05, 2021, 02:39:17 AM |
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I regularly sell a fraction of the bitcoins I own and without thinking about whether the bitcoin price is in an up or down situation, because I have to meet my needs regularly and only in small amounts. and for now I will be more assertive and thrifty in selling as little as possible and do it when I need it most, because the decline that occurs is already in a loss position if I often sell it even if only a little
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kojektea
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June 05, 2021, 03:06:58 AM |
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The dip in Cryptocurrency market was real and the ATH has been reached severally in the last six months! It only natural to sell when prices are falling but in Cryptocurrency, holder usually win! So I am holding my quality altcoin and bitcoin as well!
Yes that's right, here's the trade risk, but I think it's pretty good this year than the previous year, this year we had a pretty long bull run of about 6 months over, and now we're entering a big correction. It's also an opportunity to buy below.
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bluebit25
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 05, 2021, 03:10:07 AM |
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I'm not a follower of the crowd and that's one of the reasons why I make decisions in life. I started making money with this market and have faith in it many years ago and with the current movements of the market I also understand the feeling of new entrants, and I find that what everyone the one who is always lacking is knowledge, and that knowledge will be exchanged with people's time or money.
Crowd very often panic and it increase the fall of the market. It is very important to continue to develop a project even inspite of the fall of the market. In such case all kinds of promotion is good such as https://twitter.com/CryptoArenaSDEX/status/1398027493190164482It is very important to share the information in social networks with the users to have more trust. I don't care much about it, but don't blame the crowd because we are just players on the control of the larger forces. And of course, if we are smart enough, we still have the opportunity to protect our own assets.
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v3liana
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June 05, 2021, 04:10:30 AM |
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The only reason for me to sell all of my investment is when i reached my goal or maybe i need to buy something in real life so i need to sell my investment. And my goal is to see ETH price reach $10k++.
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SquallLeonhart
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June 05, 2021, 04:46:54 PM |
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What a beginner‘s question. Just panic sell 😂. Not a financial advice.
Sadly, many had panicked sold and that's why it is important not to ruin your emotions when you're investing to cryptocurrencies. You don't fall when the market falls. You must be stronger than the market because you'll literally incur losses if you cannot manage it. I think most of us did experienced panic selling due to lack of experience. I understand some people were in panic mode because there were tons of people who joined with money they need, and that's the root of the problem. I have seen people who joined with their savings and when they panic it is useless because if they wait eventually they would profit more and that is a much better situation, however I have seen people join with their salaries, I have seen people join by taking out loans and those people of course were in panic mode and I understand that, and I was one of those people, I seriously considered taking out a loan because it was a great market period and I still think there is good money to be made as well. I wasn't going to do something crazy, just get cake-bnb LP and farm it, that would give me both profit for farming which would be higher profit then the loan repayment amount, but I would also try to make a profit from increasing price of Cake and BNB as well. That is what I imagined would help out a lot.
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virasog
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Leading Crypto Sports Betting & Casino Platform
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June 05, 2021, 05:10:35 PM |
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Honestly wanted to ask and to discovered the newbies among us. i though of creating a vote but it is not Necessary. i really wanted to ask if there are members of this community that sold off during the last dip thinking that the market has crashed. alot of friends kept complaining that bitcoin and alts will go deep down and it will take months before coming back.
Really wanted to find out people that lost their grip and sold off. what really was your main reason for NOT holding...
In my early days when i started trading, i used to get panic on such negative news and market dump and sold my coins in loss & panic. But soon after i sold my holding i realized that the market starts to recover again. Now i never sell my coins, rather i know that when market is dumping, this is the best buying times.
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jajorforce
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June 05, 2021, 05:50:48 PM |
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Honestly wanted to ask and to discovered the newbies among us. i though of creating a vote but it is not Necessary. i really wanted to ask if there are members of this community that sold off during the last dip thinking that the market has crashed. alot of friends kept complaining that bitcoin and alts will go deep down and it will take months before coming back.
Really wanted to find out people that lost their grip and sold off. what really was your main reason for NOT holding...
Honestly, I sold off my bounty rewards before this current dip, but unfortunately I switched back to Bitcoin. My bad that I couldn't take these current dip opportunities. I sold my DIA and YOUC at a good price. I didn't know about this current dip, but I sold off to buy another altcoins. Before investing I wait, let's see if my prediction is right or wrong.
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