Fredomago
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Leading Crypto Sports Betting & Casino Platform
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September 08, 2021, 08:30:00 PM |
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This has been something I have found difficult to decide on . When this bill run ends in a couple of months time should I sell all my VET and XRP then buy back in when the market turns bearish until the next bullrun?
Tbh, I'm quite surprised with the choice of coins that make up your portfolio, I know we all choose coins for different reasons, but do you actually trust both of this coins to be productive and sustainable in the long term and not to dump somewhere along the line, from a personal perspective, I take majority of altcoins to be short term investments, thus if you consider yourself to have made ROI, then you can go on and sell them now you can, if they dump, you prolly may not have that chance again. If the coin you're hodling is Bitcoin for example, I would have adviced you not to sell and to hold on to your stash cause Bitcoin is a long term project that I believe in and that is very much sustainable, if you as well believe in VET and XRP, then you can decide to hold on to them. It's your own decision to keep your asset if you believe that in the long run, these projects will perform. There's no accurate basis in terms of value. This market is more on speculative and if you think that you done enough during your research, holding and trusting the project to perform is the best thing to do for now. The current situation inside the market is favorable for those who still positive that the market will bounce back and they'll be compensated if they'll going to buy now and hold for some time.
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blockman
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September 08, 2021, 08:36:14 PM |
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When the condition is now I prefer to buy back. Yesterday's Btc correction cannot be said to be bearish, it is still bullish and this could be a sign of a new Ath for all. I believe the bulls will not end until the end of the year. Maybe you can consider it more.
It's true, the ending of that crash is still bullish for bitcoin. It didn't even break below $40k so it's still a good price to think that we're still at the bull run. Usually, when bitcoin drops a lot, it signifies that there will be a higher recovery rate after it. And that's what I'm waiting for, that might happen when it started to recover quickly again. Do not be too curious in selling all of your assets but if it's needed to have more bitcoin, you do your thing as soon as possible.
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adzino
Copper Member
Hero Member
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Activity: 3024
Merit: 576
www.Crypto.Games: Multiple coins, multiple games
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September 08, 2021, 08:56:30 PM |
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This has been something I have found difficult to decide on . When this bill run ends in a couple of months time should I sell all my VET and XRP then buy back in when the market turns bearish until the next bullrun?
Or do I only sell a portion of what I have and hold the rest for another 4 years. Reason I am asking is could XRP and VET continue to rise once the bull run ends ? I obviously don’t want to sell all my tokens to find they are continuing to rise in a bear market
What are your thoughts ?
This depends on you. Are you willing to take less risk and hold long term? Then don't do anything and keep holding until you reach your profit goal. If you are willing to make some quick profit and take advantage of the dip, then sell when the bull run ends. But the risk here is high since the market is extremely volatile. There is a chance that the market won't dip as much as you expect and the prices go back up again. You will then have to buy at a higher price. Or do like you said. Sell half of it, and buy when when its low. This way you won't miss out much.
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Wakate
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September 08, 2021, 10:01:32 PM |
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This has been something I have found difficult to decide on . When this bill run ends in a couple of months time should I sell all my VET and XRP then buy back in when the market turns bearish until the next bullrun?
Or do I only sell a portion of what I have and hold the rest for another 4 years. Reason I am asking is could XRP and VET continue to rise once the bull run ends ? I obviously don’t want to sell all my tokens to find they are continuing to rise in a bear market
What are your thoughts ?
You don't need to sell all your tokens before the bear market but you can always convert your tokens to stable coins like usdt, cusd and other stable coins which would be more easier for you to get in to other crypto market of your choice without using Fiat to buy your desired coins back into the market. Even though all the cryptocurrency market falls during the bear market, I don't think the bear would have so much influence on stable coins which are equivalent to one use. There are so many strategies you can use to avoid the bear market from devaluing the worth of your entire coins. Stable coins are a simple and desirable idea one can adopt doing the bear to avoid loses that may be incurred by holding coins that are liable to fall along Bitcoin.
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harapan
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September 08, 2021, 11:59:16 PM |
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It's very unlikely that we may experience a bear market this year though there are alot of sentiments now, but that doesn't matter much cause bitcoin will definitely recover and everything will start pumping back up, but I'll advice you get a bag of some other promising project like solana and near Protocol, both have pump insanely for the past few days for Near this is just the beginning and there's a possibility for it to surge up to even $50, xrp and vet are old coins I would suggest you invest in new techs.
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lienfaye
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September 09, 2021, 12:44:11 AM |
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What are your thoughts ?
We cant predict accurately if the price of XRP and VET will continue to increase further even the bullrun already ends so the decision is up to you. Can you wait longer? If yes then just keep holding. On other side, it is also a wise decision to sell if the price is already acceptable to take profit. Then just buy back once the coins are declining. In the end, it depends on your preferred plan because we have own way thinking and knows whats best for ourselves.
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RiskySanchez
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September 09, 2021, 01:16:51 AM |
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Depending on what percentage of your profit, if I were you I would sell it with a profit percentage of 20% -30% of the purchase price. Moreover XRP and VET have good fundamentals for the end of this year. it all depends on you your own financial analysis can determine when to leave the market and when to enter the market
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sikke
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September 09, 2021, 01:20:41 AM |
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I would probably diversify out of XRP slightly.
XRP is highly centralised and prone to regulatory attacks. People shouldn't forget what happened just a while back with the regulatory problems that they've had which drove prices down significantly.
But for the others, if you believe in decentralisation and crypto for the long run, why bother selling? You're just incurring unnecessary CGT costs if you are going to buy back again.
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indo1
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September 09, 2021, 01:26:55 AM |
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Selling everything and then buying again at a cheaper price on a bear market is a great option. If you sell some, you will definitely lose some of the estimates that already exist. You have to be sure of your choice. I sold all my tokens at that time, without regret because I had made a profit although not big but it was still a profit.
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michellee
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September 09, 2021, 01:34:38 AM |
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Selling everything and then buying again at a cheaper price on a bear market is a great option. If you sell some, you will definitely lose some of the estimates that already exist. You have to be sure of your choice. I sold all my tokens at that time, without regret because I had made a profit although not big but it was still a profit.
Maybe you can sell for 30%-50% when the price increase higher and try to buy back when the price is down so you will have a chance to have more amounts than before. It is not a problem if you sell your token at once, especially if the price can soar and leave the tokens and I called that hit and run strategy. Some traders use that strategy to make as much money in the short term while searching for the other coins/tokens to make another profit.
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cabron
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September 09, 2021, 01:44:13 AM |
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Selling everything and then buying again at a cheaper price on a bear market is a great option. If you sell some, you will definitely lose some of the estimates that already exist. You have to be sure of your choice. I sold all my tokens at that time, without regret because I had made a profit although not big but it was still a profit.
Maybe you can sell for 30%-50% when the price increase higher and try to buy back when the price is down so you will have a chance to have more amounts than before. It is not a problem if you sell your token at once, especially if the price can soar and leave the tokens and I called that hit and run strategy. Some traders use that strategy to make as much money in the short term while searching for the other coins/tokens to make another profit. The traders who do that are just aiming for the tokens they got from bounty campaigns and leave without buying back. If an investor believes the project will be successful, they will buy back at the price where they also see at the bottom. VET is really a good project because if you have a ton of it, you earn passive income with VTHOR. We don't really see when the bullrun will end but seeing that the price had soar high already which you could conclude to be the overbought level, you can already sell and wait for the price to be dumped later.
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kanayaTabitha
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September 09, 2021, 01:54:56 AM |
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Selling everything and then buying again at a cheaper price on a bear market is a great option. If you sell some, you will definitely lose some of the estimates that already exist. You have to be sure of your choice. I sold all my tokens at that time, without regret because I had made a profit although not big but it was still a profit.
One of the trader's principle is not going all in how good and experienced you are. So this is quite dangerous if we are planned to sell everything and wait for lower because we alaready in loss position and we don't know which way the market move in the future. "buying again at cheaper price" sentence is like we already know the future is a bad habit for traders. So, don't put all of our money in one basket because that is very risky
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hidingyou
Member
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September 09, 2021, 01:59:15 AM |
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If you want to save up tokens, then you should. I believe XRP and VET can still rise because they have good stability and volume. I'm also hodling them and I believe they can still rise up next year so I didn't sell all of it just left a portion of it.
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zachyboy090118
Copper Member
Jr. Member
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Activity: 142
Merit: 6
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September 09, 2021, 02:00:09 AM |
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This has been something I have found difficult to decide on . When this bill run ends in a couple of months time should I sell all my VET and XRP then buy back in when the market turns bearish until the next bullrun?
Or do I only sell a portion of what I have and hold the rest for another 4 years. Reason I am asking is could XRP and VET continue to rise once the bull run ends ? I obviously don’t want to sell all my tokens to find they are continuing to rise in a bear market
What are your thoughts ?
Maybe for me I will not sell all, maybe a little of my funds because crypto will always be there to pump anytime. Some of us even me doing panic with my funds specially if the bearest occur in long time. But if your a experience cryptonians this is not cause something as you know already that it is normal Its fluctuating and volitile as well. I agree on that sometimes its hard to decide of our funds but still we are the one who managing our funds so you can make what ever you want.
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TastyChillySauce00
Legendary
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Merit: 1038
Leading Crypto Sports Betting & Casino Platform
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September 09, 2021, 02:08:26 AM |
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As some people have said, we still don't know whether the market will turns bearish, even the price of coins are still quite high if you see the price and not too fixated on the percentage of price changing. But if you're already in profit, it's fine to dump your coins, simply because you can always buy again if the market is truly becoming bearish since if the market is in bearish, it means it's a good price to buy and wait for later bullish market. In my opinion, selling portion of your investment could also works. So if the market is instead doing a recover and the recent dump is just a price correction, you still have your investment.
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sisikin
Jr. Member
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September 09, 2021, 06:08:46 AM |
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Sell what you think is the right portion to be sold. What matters is your satisfaction of what you sell and what you hold and as well as what you buy.
I mind you to take some profits while planning to hold those for long term.
For the price, everyone has a stop-loss price in their hearts. Remember to stop the loss when the price of the coin drops sharply. There are a lot of coins going to death, and if the loss is not stopped in time, more money may be lost. Sometimes people will stick to their choice and believe it even if the coin is dead. It is better to focus on Bitcoin.
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worle1bm
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September 09, 2021, 06:22:07 AM |
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This has been something I have found difficult to decide on . When this bill run ends in a couple of months time should I sell all my VET and XRP then buy back in when the market turns bearish until the next bullrun?
Or do I only sell a portion of what I have and hold the rest for another 4 years. Reason I am asking is could XRP and VET continue to rise once the bull run ends ? I obviously don’t want to sell all my tokens to find they are continuing to rise in a bear market
What are your thoughts ?
There is no perfect time to buy and sell as prescribed by the Market experts like they say buy at low at sell at peak but who decides that point is solely dependant on you.If you think bull run is ending soon then sell and buy back at dips again to accumulate more and gain profits.The prices may rise more after you sell but they might come back down in bearish time and you can buy at that time so you see it is the case how you manage your funds in proper manner and what profits satisfy you.
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Xampeuu
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Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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September 09, 2021, 06:30:55 AM |
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This has been something I have found difficult to decide on . When this bill run ends in a couple of months time should I sell all my VET and XRP then buy back in when the market turns bearish until the next bullrun?
Or do I only sell a portion of what I have and hold the rest for another 4 years. Reason I am asking is could XRP and VET continue to rise once the bull run ends ? I obviously don’t want to sell all my tokens to find they are continuing to rise in a bear market
What are your thoughts ?
There is no perfect time to buy and sell as prescribed by the Market experts like they say buy at low at sell at peak but who decides that point is solely dependant on you.If you think bull run is ending soon then sell and buy back at dips again to accumulate more and gain profits.The prices may rise more after you sell but they might come back down in bearish time and you can buy at that time so you see it is the case how you manage your funds in proper manner and what profits satisfy you. so let's not be greedy. when we have placed a logical target and have been achieved, we immediately exit the market. because no one knows where the lowest price is and where the highest price is, all based on each person's analysis. is bulrun finished this time? I think in crypto there are always surprises
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ChaoChibai
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Merit: 10
-ethernity cloud-
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September 09, 2021, 07:42:27 AM |
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This has been something I have found difficult to decide on . When this bill run ends in a couple of months time should I sell all my VET and XRP then buy back in when the market turns bearish until the next bullrun?
Or do I only sell a portion of what I have and hold the rest for another 4 years. Reason I am asking is could XRP and VET continue to rise once the bull run ends ? I obviously don’t want to sell all my tokens to find they are continuing to rise in a bear market
What are your thoughts ?
There is no perfect time to buy and sell as prescribed by the Market experts like they say buy at low at sell at peak but who decides that point is solely dependant on you.If you think bull run is ending soon then sell and buy back at dips again to accumulate more and gain profits.The prices may rise more after you sell but they might come back down in bearish time and you can buy at that time so you see it is the case how you manage your funds in proper manner and what profits satisfy you. so let's not be greedy. when we have placed a logical target and have been achieved, we immediately exit the market. because no one knows where the lowest price is and where the highest price is, all based on each person's analysis. is bulrun finished this time? I think in crypto there are always surprises that is really logic, but it is so personal when it comes to investment, because the limit of someone's greed is so different. and for me this time is not the perfect time to sell our coins. based on my experience and feeling that the price will increase again. but if your target has already achieved maybe you can consider to sell half of your assets.
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Cryptoshops
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September 09, 2021, 08:10:01 AM |
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Coins I dont sell are staking coins like tezos. algorand, cosmos ect when there is a bull run any of the others I will sell when the market is high and then buy again when the market is low
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