• Please note to have a link in an article you must first request permission from the administrator and pay a fee. You can read more information here.

Sell or hold ?

  • Thread starter Thread starter Josemendez
  • Start date Start date
Sincerem said:
Sure, those who are disciplined always make out some spare cash to invest and have hope of it growing with time. That's what I've been doing quite some time now.
Click to expand...
It is the best thing to do actually because if we wait to have so much money before investing, it would be really difficult to meet up.
 
One thing you should always know about cryptocurrency is that there is a time when you should be looking out for the dip so that you can buy more if the cryptocurrencies. You should sell when the coin gets very high
 
Bookwormlux said:
It is the best thing to do actually because if we wait to have so much money before investing, it would be really difficult to meet up.
Click to expand...
Yes, we can't wait till the time money comes in bulk. We can start from small, invest and gradually. Build our investment portfolio high.
 
Senator said:
One thing you should always know about cryptocurrency is that there is a time when you should be looking out for the dip so that you can buy more if the cryptocurrencies. You should sell when the coin gets very high
Click to expand...
Most times, we get to miss such opportunity of buying because we tend to lack cash at that time of a dip. It happens to me most times.
 
The essence of investing into Cryptocurrency is to see it enhancing to a higher level. If it doesn't move higher, I don't see any need of releasing.
 
Well if actually I have a bitcoin now I will really sell it instead of keeping, because I can't keep I will like to sell it in order to buy another one so to make good money from it.
 
Josemendez said:
With the current Bitcoin price hitting the all time high of $21,000 , what could be your plan ?

Permit me to remind you about what happened some years ago , when Bitcoin reach $20,000. There was a huge decline in the price of bitcoin, investors saw the price going as low as $3,000 afterwards.

Now there is panic o we whether a similar trend will happen or not . As for me , definitely the price willfall but it won't be that much as feared ,because presently Bitcoin has many top investors ,such as MicroStrategy , who has promised that the Bitcoin the company possed will be held for long .

I am holdl , and will only sell off the interest made as compared to the price at which I bought .

What is your own suggestion ?
Click to expand...

Seriously, when it comes to my advice to anyone who invested in cryptocurrency especially when there is decrease in prices to never sell to avoid losing out completely.
 
Heatman said:
Seriously, when it comes to my advice to anyone who invested in cryptocurrency especially when there is decrease in prices to never sell to avoid losing out completely.
Click to expand...
Better still the person should sell half and keep half so that he will not easily lose out from the investment by selling all. I think it is best to aim for long term hodl all the time
 
If you ain't trading I advise you to hold.
Keep holding as we see a greater future in the crypto space.
We may have our crypto rally to 250k
 
Josemendez said:
Not in cryptocurrency and most likely not with bitcoin. Patience is all that we need in this period to survive the cryptocurrency market and make money from it.
Click to expand...
Yes in cryptocurrency trading patience is much needed. I have learned this lesson of patience when I bought XRP. I bought some xrp when the price was at $1.2 and then I patiently waited for $1.4 price to sell and my patience paid off.
 
That is business) investment for you, it's a risk taking adventure, but that doesn't mean you shouldn't wise up while doing so. Bitcoin, as we all know remains the number one coin in crypto world, it leads while others follows. It may suffer a dip down but it will eventually grow up, that has always been the pattern, go and research it.
 
Senator said:
One thing you should always know about cryptocurrency is that there is a time when you should be looking out for the dip so that you can buy more if the cryptocurrencies. You should sell when the coin gets very high
Click to expand...
You are right. I agree with you. Cryptocurrency trading is simply buying low and selling high. When the cryptocurrency market is bearish that is a good time to buy.
 
jeff87 said:
Yes in cryptocurrency trading patience is much needed. I have learned this lesson of patience when I bought XRP. I bought some xrp when the price was at $1.2 and then I patiently waited for $1.4 price to sell and my patience paid off.
Click to expand...
That's how things are done , however I will advise that you only sell 50 percent of your investment and hodl the other percentage longer because you will really benefit from it.
 
Josemendez said:
With the current Bitcoin price hitting the all time high of $21,000 , what could be your plan ?

Permit me to remind you about what happened some years ago , when Bitcoin reach $20,000. There was a huge decline in the price of bitcoin, investors saw the price going as low as $3,000 afterwards.

Now there is panic o we whether a similar trend will happen or not . As for me , definitely the price willfall but it won't be that much as feared ,because presently Bitcoin has many top investors ,such as MicroStrategy , who has promised that the Bitcoin the company possed will be held for long .

I am holdl , and will only sell off the interest made as compared to the price at which I bought .

What is your own suggestion ?
Click to expand...
That particular fall would have given a lots of investors and traders heart attack... I wonder how the make in general would have been from that fall....
 
Dowenship said:
That particular fall would have given a lots of investors and traders heart attack... I wonder how the make in general would have been from that fall....
Click to expand...
Yeah but as for someone like me , I won't give in to panic sell because there is more to gain from the investment , we only have to position our selves very well .
 
Sincerem said:
The essence of investing into Cryptocurrency is to see it enhancing to a higher level. If it doesn't move higher, I don't see any need of releasing.
Click to expand...
Yes it is not even advisable for you to sell your cryptocurrency on losses because cryptocurrency is likely to bounce back to its original price, it is just a matter of time if you are holding it.
 
I really think you should hold because it will keep rising only sell when you are in dier need to sell and get the profits or when you know that elon musk will disturb something
 
I'll choose to prevent the Cryptocurrencies as well as well as view exactly how it fairs as opportunity takes place, however I am certain it will certainly remain to enhance in cost as well as worth.
 
Sotherefore said:
Yes it is not even advisable for you to sell your cryptocurrency on losses because cryptocurrency is likely to bounce back to its original price, it is just a matter of time if you are holding it.
Click to expand...
That's it, anyone who sold off when the coin is down is simply doing panic sale. And such kind of person we know aren't ready to achieve success through cryptocurrency investment.
 
Sincerem said:
That's it, anyone who sold off when the coin is down is simply doing panic sale. And such kind of person we know aren't ready to achieve success through cryptocurrency investment.
Click to expand...
Selling off cryptocurrency can only be advisable if you are a future traders and the market went against your prediction in this case it is necessary to sell it off to avoid your account from being liquidated.
 
You must log in or register to reply here.
Back
Top