Don't rush the decision to sell. - Page 4 - Trading - CryptoTalk.Org Jump to content
Abo3laa

Don't rush the decision to sell.

Recommended Posts

Yes, you must not rush to make decisions, but if you are working according to a specific plan, you must sell if the price has reached the level that you want to sell already.


 

Life is great and enjoy it

Share this post


Link to post
Share on other sites
Just now, Anwyll Axel said:

Our decisions which we take in hurry are the biggest reason which leads us to loss. So always take your decision according to your plan and strategy with patience. Don't rush the decision to sell or even to buy.

Sometimes changes abruptly in the market and you have to make fast decisions so as you do not end up losing all you got or missing big opportunity. I have seen this so many times.

Share this post


Link to post
Share on other sites
On 2/16/2020 at 4:48 AM, Abo3laa said:

We've observed all of us in the past few days, several fluctuations in the price of bitcoin has suffered a lot of people large losses as a result of deciding to sell after the price drop of bitcoin after he arrived 10500 USD and landing fast to $ 9800, but the price quickly returned to the outskirts of $ 10,000 this means that there is a big rig of some whales in the prices for the profits of the imagination through the volatility we're the owners of the money balance a little to the expected we should not be hasty in the decision of the house as soon as you see the price falling I book profits in all the action high to avoid loss when landing 
Tell me, are there any modifications to what has been mentioned?

I think that everyone should trade with a plan and do not trade or invest without a plan in which you know where to enter and where to exit from the open position I think we should follow that

Share this post


Link to post
Share on other sites

It's very important to have a price target where you want to sell your holdings than selling out of panic during to price drop because this action can cause you losses and regrets when the price gains or pumps back.


 

■   ■   ■   ■   ■   ■     PEER-TO-PEER MULTI-BLOCKCHAIN SYSTEM     ■   ■   ■   ■   ■   ■

 ━━━━━ ━━━━ ━━━ ━━ ━    Free TON    ━ ━━ ━━━ ━━━━ ━━━━━━

|► DECLARATION OF DECENTRALIZATION |   FORUM   |   TON SURF   |► BECOME ANAMBASSADOR |

Share this post


Link to post
Share on other sites

That's true, we should wait for some time, analyze the market properly then we should take our decisions with patience whether to sell coin or not in these type of situation. Otherwise if you immediately rush to sell then you can only get loss.

Share this post


Link to post
Share on other sites

A good way to avoid stagnation, in the case of traditional buying and selling, is to divide the capital into parts, you buy one part in 8900 if it falls to 8000, you buy another part, so you win if the price rises or falls is a good strategy  with low risk, in the spot market.

  • +1 1
  • +2 1

Share this post


Link to post
Share on other sites

You are saying the truth bro ! as you said it's a stupid decision if we sell our bitcoin now ! because bitcoin is going to rise up at the nest few days ! so we have to wait !

Share this post


Link to post
Share on other sites
On 3/29/2020 at 4:28 PM, Binjit said:

Yes that is true mostly users are take instant get panic and decision for sell their bitcoin when price
start to go down i want give advice to all of them dont sell your bitcoin in this situation but convert
it to in USDT coins

Be patient and don't rush to trade cryptocurrencies, spend enough time for the transactions to work properly. Do not rush because if you sell money without a plan, it is likely that the price may be higher than your selling price. You will have to sell your money. But do not rush to sell easily because prices may rise and you will regret your decision.

Share this post


Link to post
Share on other sites

You are right! In addition to this is the best time for us to buy bitcoin and not selling it especially because if the halving! Also after tha halving we shouldn't be panic and sell our bitcoin in a low price .. We should wait for the best chance!

Share this post


Link to post
Share on other sites

Quite right. Selling after a small pump can lead to reduced profits. It is always better to buy after a dip and wait until price has fully retraced. This is what usually happens the last two years and I also lost profits this way by exiting too soon.

Share this post


Link to post
Share on other sites

Even there is a massive pump, so many traders still get confusions due to greed like there will be another surge in the price due another even bigger pump but just after a moment price starts to drop due to whale's play and get failed to grab opportunity. So be focused on the real time market momentum to take a proper decision. 


 

■   ■   ■   ■   ■   ■     PEER-TO-PEER MULTI-BLOCKCHAIN SYSTEM     ■   ■   ■   ■   ■   ■

 ━━━━━ ━━━━ ━━━ ━━ ━    Free TON    ━ ━━ ━━━ ━━━━ ━━━━━━

|► DECLARATION OF DECENTRALIZATION |   FORUM   |   TON SURF   |► BECOME AN AMBASSADOR |

 

Share this post


Link to post
Share on other sites

I agree with you, don't be in a rush to sell your bitcoin, because panic will make you suffer losses, be calm if the price of bitcoin goes down, don't be affected by the price decline because it's only temporary, wait a minute. whereas until the price rises again then you can sell it when the price has gone up.

Share this post


Link to post
Share on other sites

We should not make a rushing decision to sell our coins because sometimes the results will be different and we will not earn good profit. We need a knowledge to learn the right time for selling or buying our coins.

Share this post


Link to post
Share on other sites

my opinion if you are using BTC for trade in alcoins pair then the earning will be in BTC and you can hold it till to find good price for sell it, but if you are trade in BTC here your capital should be in stable coin like USDT, and you buy bitcoin when the price decrease and wait to the price increase and sell your BTC.

  • +1 1
  • +2 1

Share this post


Link to post
Share on other sites

Sometimes we fail to predict the price of any crypto currencies. There will also people who earn a lot in this large jump who buys at 9800 amd sell at 10500.


 

   ■   ■   ■   ■   ■     PEER-TO-PEER MULTI-BLOCKCHAIN SYSTEM     ■   ■   ■   ■   ■   ■

 ━━━━━ ━━━━ ━━━ ━━ ━    Free TON    ━ ━━ ━━━ ━━━━ ━━━━━━

|► DECLARATION OF DECENTRALIZATION |   FORUM   |   TON SURF   |► BECOME AN AMBASSADOR |

 

Share this post


Link to post
Share on other sites

The market is very flexible and if you are holding any great coin like bitcoin or etherum you should never sell it hesitantly as there will be a rise in it, but if the coin is token, you should sell it.

Share this post


Link to post
Share on other sites
On 5/6/2020 at 6:09 PM, Thekingcallme said:

Yes, you must not rush to make decisions, but if you are working according to a specific plan, you must sell if the price has reached the level that you want to sell already.

It depends, there was a topic on this forum that addressed screen trading in a particular month, I do not think there is anything about screen trading, but it is about watching the market almost all the time, if you do this, there are times you will see market so unfavorable, at such time, experts rush to sell. That is what day trading is all about. Either you rush to sell or you do not rush to sell, you should just make appropriate decision. 

Share this post


Link to post
Share on other sites
On 5/7/2020 at 1:33 AM, George10 said:

It's very important to have a price target where you want to sell your holdings than selling out of panic during to price drop because this action can cause you losses and regrets when the price gains or pumps back.

In crypto market so many panic traders do this mistake, they can't believe their strategy and when their asset prices dump, they immediately sell and then later they regrets, but in between they loss some percent of their investment, so improve some skills like patience emotional controls to avoid this type loss.

Share this post


Link to post
Share on other sites

My advice to you is never to buy bitcoin when it has risen in price to 10 thousand, this is the golden rule that I have been using for several years now and I feel great)

Share this post


Link to post
Share on other sites

indeed is always good idea to hold your trades or altcoins that are wining, because you want to sell as close as possible to the top.

Share this post


Link to post
Share on other sites

My advice to you should never buy bitcoin when it has risen to 10,000, this is something I have been using for several years now and I feel great about this golden rule)

Share this post


Link to post
Share on other sites

Your words are correct and this is what people do. Trading is the transfer of losing money to the winner

Share this post


Link to post
Share on other sites

When the market goes down a little, don't panic and sell in a hurry, stay calm and wait for the market to recover. Market modification or market manipulation can occur when a whale sells half of its property and usually declines due to a large whale sale. This is done so that the small traders sell in panic and soon the market will recover, which is what the whales or big bitcoin holders call a market modification.

  • +1 1

Share this post


Link to post
Share on other sites

My trading metaphor is fishing, since in both you must be passive and wait for the objective you set for yourself, if you go into despair you will lose that is for sure

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


×
×
  • Create New...