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re: Official CryptoTalk Thread
Posted on 8/18/17 at 2:56 pm to 7LSU7
Posted on 8/18/17 at 2:56 pm to 7LSU7
Getting killed in my NEO and ADX holdings today.
Still ahead on NEO, thank goodness, but it's eaten way into my earnings. I was also foolish enough to get ADX near the top. Should have stop/lossed it but my laziness got the better of me this time. Down about 40% on that one. Going to be drinking away the pain of that decision tonight.
Still ahead on NEO, thank goodness, but it's eaten way into my earnings. I was also foolish enough to get ADX near the top. Should have stop/lossed it but my laziness got the better of me this time. Down about 40% on that one. Going to be drinking away the pain of that decision tonight.
0
Posted on 8/18/17 at 3:12 pm to 7LSU7
quote:I am seeing a strong support level at $32. If it goes under that, the next big level is all the way down at $21.50. if it drops to 30, it should keep dropping, if it bounces back with Asia at 32, to the moon we go
Per by crypto friend:
NEO will drop to $28-30. Maybe sell and pick up extra shares when it's that price. Same friend who suggested COVAL and NEO at $7 and ETH last July.
ETA: I don't really know anything, someone smarter than me suggested that
This post was edited on 8/18/17 at 3:13 pm
Posted on 8/18/17 at 3:22 pm to bee Rye
NEO got me fricked up
Posted on 8/18/17 at 3:24 pm to The Boat
there is 200 BTC waiting to buy between now and $32, I don't think it will dip below that today
eta: 18 BTC buy waiting to happen at this level
ETA2: aaaaannnndddd, wallet maintenance
eta: 18 BTC buy waiting to happen at this level
ETA2: aaaaannnndddd, wallet maintenance
This post was edited on 8/18/17 at 3:28 pm
Posted on 8/18/17 at 3:33 pm to bee Rye
I'm really new to this and BAT and NEO have killed 25% of what I put in. Maybe this isn't for me.
Not sure what the next move is at this point. My buddy said let it ride.
Not sure what the next move is at this point. My buddy said let it ride.
Posted on 8/18/17 at 3:38 pm to Lazy But Talented
quote:from first mention on this board, the next 2 days were awesome gains. gotta know when to get up from the table
BAT
Posted on 8/18/17 at 3:43 pm to Lazy But Talented
quote:
My buddy said let it ride.
Agree. Don't sell at a loss, especially right now.
We might be seeing the btc correction right now that we needed.
Neo will go back up. Bat will recover.
Fwiw, very few alts are gaining right now. You get a gain or two here or there but everything is bleeding out.
Just hold what you got. Everyone here will agree
Posted on 8/18/17 at 3:43 pm to bee Rye
No reason to still be holding onto this then?
Posted on 8/18/17 at 3:44 pm to Deactived
Yeah I'd be at a loss. I'll sit back and try not to keep refreshing my wallet every 3 minutes. 
Posted on 8/18/17 at 3:53 pm to Lazy But Talented
quote:at this point, hold on. whenever you have a good 2 days like BAT did, in a perfect world you would sell at the peak and buy back at the dip
No reason to still be holding onto this then?
Posted on 8/18/17 at 4:42 pm to Lazy But Talented
Why would you sell BAT, or NEO, or PAY, or ETH, or BTC at a loss? I mean I guess unless it's small and you can guarantee whatever other coin you'd be putting money into will increase in value, by an amount larger than your loss and in a faster time period. If it's a good coin, you aren't going to lose any money by holding. BAT and NEO, for example, will both be worth more in 6 months than what you own them for now. Isn't that the point?
Posted on 8/18/17 at 4:44 pm to Deactived
quote:
Fwiw, very few alts are gaining right now. You get a gain or two here or there but everything is bleeding out.
Bitcoin cash is straight murdering it today... they're only mining at 1/8 the hashing power of btc, but are 1/6 of the btc price. I'm selling what i have right meow.
Posted on 8/18/17 at 4:45 pm to YipSkiddlyDooo
He said
quote:
I'm really new to this
Posted on 8/18/17 at 4:46 pm to YipSkiddlyDooo
I have sold some things at a loss. I put a finite amount of money into this, and if I don't have any available BTC to throw around, and I see something I suspect is about to shoot up, I have sold something else at a loss and more than made it back in what I traded it out for
Posted on 8/18/17 at 4:49 pm to bee Rye
we are right at the huge support level for NEO, think we will learn a lot about this week in the next hour or so
Posted on 8/18/17 at 5:23 pm to Deactived
quote:
Jones
touche
Posted on 8/18/17 at 5:24 pm to YipSkiddlyDooo
Wanted to make a quick buck, which is a terrible way to approach this at all times.
Posted on 8/18/17 at 5:28 pm to Lazy But Talented
Neo bouncing off of 32 nicely, hope it keeps up
Posted on 8/18/17 at 5:33 pm to bee Rye
quote:
I have sold some things at a loss. I put a finite amount of money into this, and if I don't have any available BTC to throw around, and I see something I suspect is about to shoot up, I have sold something else at a loss and more than made it back in what I traded it out for
That is how I am. I have about $5,000 all in. I rode ETH for a while then pulled everything out. I got back into BTC before the fork. I am now diversified over a few coins and taking a beating today. Good news is that I am still up by about 9,000. I want to see if I can get to 50k by the end of the year.
Posted on 8/18/17 at 5:35 pm to MSTiger33
Yeah, I don't get the whole never sell for a loss logic. Opportunity cost can sometimes be more valuable than holding on to something for months hoping for the best
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