Post
Topic
Board Trading Discussion
Re: Many got REKT :(
by
cabron
on 31/05/2021, 03:13:38 UTC
Well, there is nothing we can do is to observe the market price when it will surge back again. I understand that there are too many people losing at this point, but those who already sell their assets will perhaps accepting about their loss. Many of us have got REKT on our portfolio but there is no loss if you will be able to wait for a perfect time, just be it and keep hold as yours. Those people who already understand this situation will most likely hold their asset from any exchange,

That is the reality of crypto. Those who accept their losses and get out of crypto should not blame it for whatever happened because at first, it was their choice to buy crypto at very high prices and when the markets dumped, they chose to sell it instead of waiting. The traders who bought btc at $19950 in 2018 surge and didn't sell anything till date are in ~double profits.
But I think they should have to sell it now before the market will turn in dip again.

The common problem that I saw mostly to holders is being greedy, they don't contend in x2, x3 profit but they are more preferred to x10. That is why many had missed the biggest opportunity we have in the past day. I don't suggest people do holding unless if it is necessary but to sell it once there is a profit. Well, of course, we also have to analyze the market first.

The ones who missed are ambitious actually who are willing to hold their coins for long term. They don't aim for pennies but bigger profit much like the whales who wouldn't even touch their wallet because all they think is coming back after few more years.

It will only be good to sell for a profit of 2x or 3 if you buy back when the price is right. If not they will likely cash out for USD.