🤔 being on the right side of the trend.... - page 2.

davis196

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Quote from: Adriano2010 on June 07, 2019, 12:53:13 PM

We should always buy on red and sell on green, but sometime sell on green can be wrong because if the price grow more after we sell then we get some profit. But always we should see how the trend is but we can't know exactly when price drop.

Dude,you comment is kinda pointless. Grin

Every trader knows that...
And no,we shouldn't always buy on red,because the price might go down even further.

acroman08

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Quote from: Astvile on June 08, 2019, 02:37:00 AM

Quote from: Adriano2010 on June 07, 2019, 12:53:13 PM

We should always buy on red and sell on green, but sometime sell on green can be wrong because if the price grow more after we sell then we get some profit. But always we should see how the trend is but we can't know exactly when price drop.

Nothins is wrong in sellin in green if you bought at red,profit is profit dont be greedy over it.We know cryptocurrencies are volatile,we dont know if the pump will continue or will suddenly fall to doom.Dont regret selling early as long as you have profit bear that in your mind.

I agree on everything that you said but I think what the OP meant is it's better to maximize the profit you can get. of course being attentive to the
fluctuation is a must to prevent loss, every person who are trading knows about this.

Rufsilf

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Quote from: Adriano2010 on June 07, 2019, 12:53:13 PM

We should always buy on red and sell on green, but sometime sell on green can be wrong because if the price grow more after we sell then we get some profit. But always we should see how the trend is but we can't know exactly when price drop.

The price of the market change rapidly and it may change every hours or even minutes, sometimes we can see it it's green and sell it and then after it spike up to a much higher price in just a few moments, I think it is important to really check on the market price where it is stable on a specific price or it fluctuates for you not to be able to miss the opportunity to get more profits.

Ailmand

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Quote from: Adriano2010 on June 07, 2019, 12:53:13 PM

We should always buy on red and sell on green, but sometime sell on green can be wrong because if the price grow more after we sell then we get some profit. But always we should see how the trend is but we can't know exactly when price drop.

The price of bitcoin is difficult to speculate, if you will be waiting for the highest potential price of coin at the moment there are chance you will miss an opportunity to sell at the best price. There is nothing wrong in selling when the price is going up, it is best to to sell at your target price than be greedy and wait for the price to go further.

boyptc

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Even with technical analysis there's no way to know on how long the trend would last. There were times that TAs were correct but there were times too that they weren't accurate.

If you become familiar to the market, you wouldn't look to the daily trend. You look for the possible scenarios that can drive the market well but for holders, these trends won't affect our decisions, we're holding.

Astvile

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Quote from: Adriano2010 on June 07, 2019, 12:53:13 PM

We should always buy on red and sell on green, but sometime sell on green can be wrong because if the price grow more after we sell then we get some profit. But always we should see how the trend is but we can't know exactly when price drop.

Nothins is wrong in sellin in green if you bought at red,profit is profit dont be greedy over it.We know cryptocurrencies are volatile,we dont know if the pump will continue or will suddenly fall to doom.Dont regret selling early as long as you have profit bear that in your mind.

SvonioneFromMangoCoinz

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Quote from: Adriano2010 on June 07, 2019, 12:53:13 PM

We should always buy on red and sell on green, but sometime sell on green can be wrong because if the price grow more after we sell then we get some profit. But always we should see how the trend is but we can't know exactly when price drop.

Trading is really a very difficult job and to be rich based on trading is really an art. I always believe that no one can know for sure what the price of a coin will increase. We can only evaluate potential and find at a reasonable price and then buy more tokens.
Choose the appropriate profit level to sell and not be greedy.

Genemind

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Every trader and investors must not rely on technical analysis because it results in confusion most of the time. We can create our own speculation and analysis which sometimes contradicts with other's belief. It's still better to apply the basic rule of trading which is to buy low and to sell high without any complications yet the profit is still the better.

Adriano2010

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We should always buy on red and sell on green, but sometime sell on green can be wrong because if the price grow more after we sell then we get some profit. But always we should see how the trend is but we can't know exactly when price drop.

harm

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As bullish speculation in cryptocurrencies gathers pace, if the majority of traders and speculators use technical charts to trigger trade entries and exits over the short term, how useful are these tools in answering the only question that matters — being on the right side of the trend, and how long is the trend likely to last?

https://www.youtube.com/watch?v=h-iCOz7XGO8

Topic: 🤔 being on the right side of the trend.... - page 2. (Read 440 times)