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Author Topic: Selling isn't the end it's just the beginning to have more coins  (Read 250 times)
barbara44
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January 08, 2022, 10:31:42 PM
 #21

I understand that some people may not be in favor of holding for long term and feeling like they are missing out on a chance.

If you buy at 20, sell at 15 and rebuy at 7 then you are making a profit basically, so you are right that if you "can" do that, you should do that. However, the long term holders like me do not care about it, I just don't really think that I could make that kind of trading and I may mess that up, buy at 20, sell at 15 to buy lower, then it goes up and I have to reenter at 20 again losing a lot of money.

This is totally possible and I believe that we should not be really focusing on who should do what. Sure if you are 100% certain that you can do it then you should do it but if you are not certain that you could do it then you should stay away from these things. I like long term holding because I do not have trust in myself to be able to trade that way.
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January 08, 2022, 11:23:16 PM
 #22

The crypto market is always up and down and with this, we can determine when to buy or sell. Buy coins that do have good prospects and sell them later when it feels profitable. Yes, it is true that selling assets that are owned does not mean it ends, because all the assets that we have always revolve here to be able to get more profits. So we just are smart in managing the assets that are owned. There are coins that are good for the short term or long term and all of that can be profitable as long as it is managed and stored properly.

.
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January 08, 2022, 11:31:43 PM
 #23

What will happen if the dip goes dipper? I think it's smarter to buy bit by bit because it's reasonable that bear market is coming this year, don't go all in on a project by dips and wait for more dips this is the way.

If you decide to buy coins at the moment, it is better to do it in parts so that you always have stablecoins in your wallet, which can be spent on buying coins at a low price if the price continues to decline. In general, it is always good to have stablecoins in your wallet, even if the market is bullish, they give confidence in trading.

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TelolettOm
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January 08, 2022, 11:56:36 PM
 #24

it is true that selling assets to increase assets, because if people know how to make money in crypto, buy when the market is low and sell when the market is high, that's the cycle.
It is not as easy as you said, dude. Selling assets doesn't always take profits, it can be cut loss or selling by loss. If you are in this situation, you will probably buy again other coins but with less valued. Our target doesn't always be reached, I experienced many targets that failed to achieve in 2021. Believe me that 'buying low and selling high' is a hard thing to do.

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January 09, 2022, 04:49:40 PM
 #25

Now that’s called as psychological dilemma of investment. Your brain tricks you when it comes to spending something valuable and in this case it is the money. You are going to stake your money into something that’s way volatile and unpredictable in the cycle of investment. This is why most of the peeps are scared of such investments and when they do it the time slows down for them a lot. It goes down the sink so much that they think it’s being long since when their investment is stuck and they are not able to get out of the bearish trends. Same happens in the reverse psychology when they have to invest and they have money but the coins are at its peak.
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January 09, 2022, 05:32:15 PM
 #26

The funny thing about the crypto markets is that we have been made to believe that only the buy button exists but in the actual sense is that you could either short or long the market and all options lead to profits. But of course the platform where you perform these market options matters as most will only allow you to buy and hold and not really enjoy your gains.

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January 09, 2022, 06:29:18 PM
Last edit: January 09, 2022, 06:45:06 PM by Skinny48
 #27

Some times selling your tokens and not buying back is a good idea, know what you want to hold for long term cos not all coins are good for holding, there are coins and tokens that I refused to sell at high price and till date they never recovered

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January 09, 2022, 06:29:57 PM
 #28

it is true that selling assets to increase assets, because if people know how to make money in crypto, buy when the market is low and sell when the market is high, that's the cycle.
It is not as easy as you said, dude. Selling assets doesn't always take profits, it can be cut loss or selling by loss. If you are in this situation, you will probably buy again other coins but with less valued. Our target doesn't always be reached, I experienced many targets that failed to achieve in 2021. Believe me that 'buying low and selling high' is a hard thing to do.

there are actually two differences ! first is people who invest with a lot of capital that even the money is not touched or used in his life so that if the price is down he will buy it again not sell ! another difference is that traders who every day have an income in trading and spend time in that space when prices fall will take cut losses ,sell and lose is their choice and look for other products to bet on but often do not match their analysis

the conclusion is don't bet with money that is really needed ,trade and investment are slightly different but the point is to take profits not losses ,buying low and selling high it is the basis of profit but not easy to implement because everyone's condition is different so there are losers and profit ,depending on how strong the product hodl on your portfolio ,the strong holder will be survive!

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January 09, 2022, 06:58:02 PM
 #29

it is true that selling assets to increase assets, because if people know how to make money in crypto, buy when the market is low and sell when the market is high, that's the cycle.
It is not as easy as you said, dude. Selling assets doesn't always take profits, it can be cut loss or selling by loss. If you are in this situation, you will probably buy again other coins but with less valued. Our target doesn't always be reached, I experienced many targets that failed to achieve in 2021. Believe me that 'buying low and selling high' is a hard thing to do.

there are actually two differences ! first is people who invest with a lot of capital that even the money is not touched or used in his life so that if the price is down he will buy it again not sell ! another difference is that traders who every day have an income in trading and spend time in that space when prices fall will take cut losses ,sell and lose is their choice and look for other products to bet on but often do not match their analysis

the conclusion is don't bet with money that is really needed ,trade and investment are slightly different but the point is to take profits not losses ,buying low and selling high it is the basis of profit but not easy to implement because everyone's condition is different so there are losers and profit ,depending on how strong the product hodl on your portfolio ,the strong holder will be survive!

This kind of market needs to be understood in a proper manner, it's true that the basic principle is to buy low and sell high but executions are very hard to implement, you are inside the field where people do have the same mentalities, without the right knowledge you will lose your money.

Proper management and emotional control, it should begin with the amount you are risking money that intended for investment either long or short. You need to make sure that you are willing to risk the amount.

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January 09, 2022, 11:45:30 PM
 #30

Volatility is something that can never be erased in crypto world and stock market so why are people sleeping on a present market condition? When bull starts around it starts feeling like it's never going away and when bears comes around it looks like good times aren't ever coming again, all this crypto vibes are based on time this is why crypto adopters must be smart enough to always know when to buy and when to let go, selling isn't the end it's just the beginning of having more assets in your portfolio

Yes but there are also other conditions to be considered like tax implications. Holding vs. selling is also dependent the tax laws within your country. When you buy in Germany and hold for more than 12 months, you can sell at 0% tax rate. But when Bitcoin drops and you think it is smart to let go for that moment because are afraid of a bear market, selling and then rebuying can be a disadvantage after all. If things turn around and you want to realize gains, but didn't hold for more than 12 months, the maximum tax as per your tax bracket applies. For people earning a lot of money, we are talking about 50% that go down the drain of your gains. So it is not that easy to come up with a general rule, in fact there is no general rule as there are all kinds if things that are different across countries and, hence, change the conditions and implications for individual decision making processes.

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January 09, 2022, 11:49:09 PM
 #31

Some times selling your tokens and not buying back is a good idea, know what you want to hold for long term cos not all coins are good for holding, there are coins and tokens that I refused to sell at high price and till date they never recovered

There are so many stories like that when it comes to tokens. A lot are regretting not selling their tokens while they still have value in the market. Sadly, most of them died down as their devs abandoned their respective projects. So selling some of your coins or tokens is worth the risk if you will buy more valuable coins like btc or eth. Better to buy a slow moving alt, but you know they are established and they won't disappear into thin air.
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January 09, 2022, 11:55:22 PM
 #32

Selling and buying coins at the right moment is just trading. When it comes to cryptocurrencies, it is not easy. It's very easy to trade at the wrong time and either quickly lose or lose a profit opportunity. I advise against doing this to people who are short on the cryptocurrency market. History has shown that it is safest to invest in cryptocurrencies for the long term.

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January 10, 2022, 05:51:27 AM
 #33

it is true that selling assets to increase assets, because if people know how to make money in crypto, buy when the market is low and sell when the market is high, that's the cycle.
but sometimes a person's greed can cause destruction in determining sales targets
Well here we need financial management, in order to avoid this problem. We must have a goal, in crypto the goal is very important.
Indeed I will not dodge, sometimes I also still have a greedy nature. But it can be overcome if we really change it.

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nitin8263
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January 10, 2022, 11:31:14 AM
 #34

I am fully agreed with you, If you are selling your coins in a loss so that means you have no patience and you got panic from market, if you are a trader then I suggest you should buy more coins which could you much gain.

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January 10, 2022, 12:32:10 PM
 #35

They are not sleeping but so many things can happen with anyone started from accumulation, panic, fear, and many more. It's not a big surprise to see that so many people are getting panic. Their money are going to the somewhere even when they do nothing with it. They are only seeing their unrealized profit without think about to take profit at least a small percentage from their profit. This is the big mistake that already made by them all. When you're selling but the price is increase again and you will get less asset for your portfolios and how can you call that to have more assets in your portfolios?
I may agree if you are selling at peak price and then buy at low price but what will be happening when you are doing opposite thing buy at peak and sell at lose?
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January 10, 2022, 01:12:04 PM
 #36

It depend on what price you buy and sell. Don't sell at a lower price, better to hold and wait the right time to sell for profit. I also think its not good to sell in bear market instead accumulate more while the tokens or coins are cheaper. But always take all the risk and choose the right coin to buy in order to gain higher profit when the market recover.

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VanDeinsberg12
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January 10, 2022, 04:05:04 PM
 #37

Buy low sell high, that's the most effective advice out there but most of us find it hard with the implementation. Selling is definitely fine but selling when there’s panic in the market will just causes loss.
I think it's better if we go against the market fear because following the masses that easily panicked when there is market movement means we aren't gonna making profit.
You see the whales they always going against the market basically accumulating when everyone is in fear and the result shows that they are just getting richer and richer, selling is fine but holding is just better i think because it just works.
For newbies the thing may be different and many of them sell at low and buy at high


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January 10, 2022, 07:34:31 PM
 #38

If there is no volatility it will not be easy to make money so volatility is good to trade but in the crypto market, we see huge volatility that is not common for every trader. Yes, I agree selling is not the end, and it's just a beginning to have more assets in one's portfolio at a cheaper price. Some see this as a bad market and some consider it full of opportunities it depends on how you see the market.

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January 10, 2022, 08:20:55 PM
 #39

You should never be married to your coins (if you know what I mean) but you should be able to sell at the right time when you’re in good profits. Never sell too much but he willing to sell some when the time is right. Fir example selling in the $50,000’s or $60,000’s & buying back when we likely hit the low $30,000’s for bitcoin. You can increase your amount of coins if you play it right.

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January 10, 2022, 08:39:06 PM
 #40

You should never be married to your coins (if you know what I mean) but you should be able to sell at the right time when you’re in good profits. Never sell too much but he willing to sell some when the time is right. Fir example selling in the $50,000’s or $60,000’s & buying back when we likely hit the low $30,000’s for bitcoin. You can increase your amount of coins if you play it right.
That sounds easy to say but hard to do. Because the problem is, most of us do not even know when will be the best entry and its best exit. We will only know once its already happens.

However, if we can play it right, of course things will definitely be in a good shape and we'll be on a right tract. Selling bitcoin when it reaches its new ATH will certainly give us the best profits, and then buy back again when we finally enter its bearish season since the prices will fall drastically that time.

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