Quote from: bitcoindusts on May 24, 2019, 03:57:48 PM

Quote from: jonathan6655321 on May 15, 2019, 07:22:46 AM

Hi there
I would like to get tips from people that are in the crypto world for a while and saw a few bear markets already.
There is so much speculation right now and It makes me be uncertain about my moves (buying and selling)

Do you just always HODL? when do you know where to sell?
When do you think the market is about to go down you sell and then getting back when you think it's recovering?

Speculations are just speculations, they can happen and and they cant too. As you watch how the market moves you know if you are going to profit if you sell it now or later depending on the money you took out for your holdings. For those who bought theirs above $10k they know it is not wise for them to sell them right now. Depending on your need too, if you dont it too bad right now, let it sleep in your wallet and wait.

This is something many traders forget or never fully get, they speculate about which direction the price is going to take, and while there is nothing wrong with that, as soon as they make a prediction they think it must happen even when all the evidence points against it, it is my opinion that the ego of most traders is why they hold their positions for too long thinking the market will eventually fulfil their predictions.