Robert Shitass (OP)
Newbie
Offline
Activity: 1
Merit: 0
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June 05, 2021, 11:12:08 PM |
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Look I'm all for people using crypto as a means of having financial autonomy, (that's why ZOG hates crypto, they can't control it and it doesn't fit in with their userous systems) but don't sell off all your gains. For example as of the last few weeks we have seen BTC and ETH do this little dance after Elon was told by his handlers at Blackrock 🇮🇱 to crash BTC. BTC goes to $39,000/ ETH goes to $2800, people sell off, and then they both go back to $33,000/ $2300 respectively and the little dance repeats. As I stated before make some money by getting into the dip and then selling off later, but don't be a greedy heeb and sell off everything you made. This just ensures that the cycle repeats rather than actually growing the currency and building it back up. You are making short term gains but selling off the entirety of what you earned is just ultimately stepping on your own pecker with golf shoes. It's making it worse for yourself and everyone else long term in favor of short term gains. Is it so difficult to sell off 80% vs 100%?
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hugeblack
Legendary
Online
Activity: 2688
Merit: 3956
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June 06, 2021, 05:19:45 PM |
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The difference here is in your need for money and the reason that prompted you to buy Bitcoin, some people like speculation and others are long-term investors. In many cases, doing nothing is an ideal investment instead of following and analyzing the market to determine entry and exit points, and in the end, you lose all your money due to a wrong movement in the price estimation, after which the price rose 100% and did not return to decline. Just like they did when bitcoin rose from 8k to 11 at the end of last year. it was a good earning but holding will give you 65k or 35k at current prices.
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nelson4lov
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June 06, 2021, 10:35:20 PM |
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In my opinion, it all depends on the trader and how they like to enter or exit. We have to understand that there are short term traders who are more than happy to settle for short term gains and vice versa. The fact that Bitcoin had a small 10-15% relief rally after that epic fall from $60K, some traders would want to play it safe and conservative by taking some profits rather than leaving money on the table. I think we would see more of this kinda trading among short term to medium term traders until we breakout convincingly with a bug upward move.
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CaVO32
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June 06, 2021, 10:50:43 PM |
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The difference here is in your need for money and the reason that prompted you to buy Bitcoin, some people like speculation and others are long-term investors. In many cases, doing nothing is an ideal investment instead of following and analyzing the market to determine entry and exit points, and in the end, you lose all your money due to a wrong movement in the price estimation, after which the price rose 100% and did not return to decline. Just like they did when bitcoin rose from 8k to 11 at the end of last year. it was a good earning but holding will give you 65k or 35k at current prices.
Every trader has their own goals why they are here in this market. And yes, it is true that it depends on the trader's necessity of his funds. Even if they wanted to hold long-term but if they have urgent needs of their funds, they have no choice but to sell off, even at a loss. And you can't blame them for giving up early because it is his personal needs that is in question here. Not everyone can afford to wait and sit long term and just let their investments be idle for long time.
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Wexnident
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June 07, 2021, 06:09:30 AM |
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Hey man, the trading community is not something that helps each other, it's more like a dog-eat-dog world. What, you expect people to shy away from profits they could take right now in place of a profit only possible in the future with no guarantee? Nah man. To each their own, as long as they profit, they'd probably not give a damn as to what happens really. Not insulting anyone or anything, it's just the way it works. As others have said, each trader has their own style of trading, short term, long term, etc., not really our place to actually tell them on how to do something.
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Fivestar4everMVP
Legendary
Offline
Activity: 2436
Merit: 1085
Leading Crypto Sports Betting & Casino Platform
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June 07, 2021, 09:02:46 AM |
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Well, in my own opinion, having a good reason to sell isn't a bad thing, as I believe anyone who went out of their way to invest their money in crypto have a good reason for doing so, but the foolish thing now is following some persons and believing and acting based on what they think about the market, this means that when they tweet any negative opinion about crypto, one rushes to sell off his or her investment without properly researching and making their own decision, but then, I still understand that not every one who fall under this category are foolish, some are so wise enough to know that some stupid people are going to dump, so they actually dump it first at a higher price and wait to buy it back at a lower price thereby acquiring even more coins with their profit.
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passwordnow
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June 07, 2021, 09:46:58 AM |
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We can always sell if we want as long as we've got the gains. Nobody can stop anybody if he's taking all the profits that he can but it's good advice that doesn't take all of it so that you'll still have something left for you. But there's a common strategy of buying back. You sell most that you've got until you've got nothing and take all the profits. And as you have the cash with you, you only have to wait until the market dips again and that's how you'll retrieve back a portion of what you've sold but it's cheaper.
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maydna
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June 07, 2021, 11:46:21 AM |
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That is because greediness will prevent us from selling at the current price, which is a high price. Many people still hold their coins while the price reaches a high price because they think that the price can increase in the next hours. But they are wrong because the price can jump down to the lower price and make them regret not selling their coin. I think that is happening to all of us, whether we realize it or not.
But if we always stick to our plan and prevent greed, I am sure we can know when to sell and profit. We do not have to hold for a long time if we do not know if that coin can perform at a better price. But to sell or not, that will depend on ourselves and only us that will know.
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blackened515
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June 07, 2021, 11:52:09 AM |
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It's not compulsory for a trader to leave his portfolio in loss while waiting for a recovery phase, every investors has their own strategy they are using to win in the trading career, but I will say it's not appropriate to sell in loss at all, if a trader have bought btc and $20k and want to sell now that's a good and perfect step to make because you never in loss, I won't expect a trader that bought at $50 to sell, that's insane. In as much as you are in profit, you have every right and chance to sell no matter the amount at all. Selling at loss is bad to me.
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leea-1334
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June 07, 2021, 12:42:09 PM |
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I actually had to look up gentile and I am not really sure I understand what a Zionist is. But can we all face the facts that 99.99% of us all here would do what is best for ourselves? And that means taking the most money if and when we can?
And if people do not sell off,,, then where do we get new long term hodlers? Is it better to just let people who buy in hype hodl and stay in the game and not be healthy for it?
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Fesatmas
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June 07, 2021, 03:07:31 PM |
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After a few events that most people don't expect, we've been losing control of our trades more often these days. Initially before this incident we were more routine and consistent in trading, not too worried about some corrections that occurred. However, after this issue caused such a stir, we actually checked our portfolio more often, as if the concerns were very high. you must know the reason.
Now, traders don't know how to deal with unpredictable market conditions. on the one hand we say calm down everything will be fine, and on the other hand we rush to exchange it for a stable coin in order to maintain the value of the asset.
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palle11
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June 07, 2021, 09:52:20 PM |
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Is it so difficult to sell off 80% vs 100%?
No it is not but don't dump 80% of your bitcoin hodling at once because you don't know where the next move will go and you can't see the deep to buy in cheaper. Drop such amount if probably you can be sure that will be the highest high of such coin during its existence. But many coins have shown to be a taste of potency in the market, for example dogecoin. Dogecoin have not had this kind of bull since its creation but it has done it at this year's bull and keeping on strong. So wherever percentage one can drop, don't do such in fear or favour but to your analogy of the market situation.
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semobo
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June 08, 2021, 12:59:21 AM |
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Look I'm all for people using crypto as a means of having financial autonomy, (that's why ZOG hates crypto, they can't control it and it doesn't fit in with their userous systems) but don't sell off all your gains. For example as of the last few weeks we have seen BTC and ETH do this little dance after Elon was told by his handlers at Blackrock 🇮🇱 to crash BTC. BTC goes to $39,000/ ETH goes to $2800, people sell off, and then they both go back to $33,000/ $2300 respectively and the little dance repeats. As I stated before make some money by getting into the dip and then selling off later, but don't be a greedy heeb and sell off everything you made. This just ensures that the cycle repeats rather than actually growing the currency and building it back up. You are making short term gains but selling off the entirety of what you earned is just ultimately stepping on your own pecker with golf shoes. It's making it worse for yourself and everyone else long term in favor of short term gains. Is it so difficult to sell off 80% vs 100%?
If you support the people who are here for short-term gains then what is wrong with their complete sell-off and wait for the dip to happen, it's like they are utilizing the maximum potential of their capital. As an investor, they shouldn't care about these dramas so they can avoid panic selling.
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ethereumhunter
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June 08, 2021, 09:33:46 AM |
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No it is not but don't dump 80% of your bitcoin hodling at once because you don't know where the next move will go and you can't see the deep to buy in cheaper.
If they do that without thinking about bitcoin will increase in the future, they will regret it later, especially if they see bitcoin start move and lift the price step by step. At that time, they will panic and will buy instant at the market because they see new hope for bitcoin to increase. But they might late to buy bitcoin as the price already increases. If you can hold bitcoin, no matter if the price is down and only buy more bitcoin, you will see that your portfolio will also increase because the bitcoin price increases.
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leea-1334
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June 08, 2021, 01:06:32 PM |
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If you support the people who are here for short-term gains then what is wrong with their complete sell-off and wait for the dip to happen, it's like they are utilizing the maximum potential of their capital.
As an investor, they shouldn't care about these dramas so they can avoid panic selling.
Exactly right? I keep wondering why people are so angry. If they were thinking sustainable and long term then they should not be at all worried. If people are also looking for short term gains then realize that for there to be winners there must also be losers. Let people speculate and trade, that is what gives crypto market the famous volatility it has always had,,,:)
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