Pages:
Author

Topic: Buy High Sell Low (Read 1157 times)

legendary
Activity: 1414
Merit: 1000
August 20, 2017, 05:40:52 PM
#27
I think even the one who have sold few % of their bitcoin have already bought back bitcoins at higher price because they don't want to miss the current bull run. I have done the same, I have sold at low price and bought back at high price. You can call me panic buyer/seller but my decision already turns out to be right one.  Grin
You have done wrong that you have sold at low price you should need to trust bitcoin as according to rules because bitcoin is giving opportunity to people so how you can say that you have sold in low price you should need to wait for bitcoin that it will go and go again to high prices because bitcoin has never done something wrong like that so what do you think?

Its always good to hold bitcoins for a long term and to be honest I really don't know which is the best price to sell bitcoins as if I see today then tomorrow I may see much higher price in compare of today so sell it only if you need money or if you are completely satisfied with the profits that you are making.

Only 2 reasons to sell btc - you need money for bills or you believe the price is going to come down and you can come ahead btc when it does by rebuying.
Otherwise, use it to make more of it by buying shitcoins like bch, omg, etc etc etc.
sr. member
Activity: 728
Merit: 252
SmartFi - EARN, LEND & TRADE
August 20, 2017, 05:32:37 PM
#26
I think even the one who have sold few % of their bitcoin have already bought back bitcoins at higher price because they don't want to miss the current bull run. I have done the same, I have sold at low price and bought back at high price. You can call me panic buyer/seller but my decision already turns out to be right one.  Grin
You have done wrong that you have sold at low price you should need to trust bitcoin as according to rules because bitcoin is giving opportunity to people so how you can say that you have sold in low price you should need to wait for bitcoin that it will go and go again to high prices because bitcoin has never done something wrong like that so what do you think?

Its always good to hold bitcoins for a long term and to be honest I really don't know which is the best price to sell bitcoins as if I see today then tomorrow I may see much higher price in compare of today so sell it only if you need money or if you are completely satisfied with the profits that you are making.
legendary
Activity: 1148
Merit: 1006
Black Panther
August 20, 2017, 11:44:00 AM
#25
The panic seller's creed.

What's the matter, you guys don't believe in Bitcoin? Gotta cashout for some trustworthy Fiat?

Sometimes people's greed can't be control if they are looking a green value

Personally I'm focus on BCH and yeah ... it's proven increased up to 100% meanwhile bitcoin market show fishy status , probably South Korea or japanese trader playing the prize
hero member
Activity: 700
Merit: 500
August 20, 2017, 11:10:19 AM
#24
I think even the one who have sold few % of their bitcoin have already bought back bitcoins at higher price because they don't want to miss the current bull run. I have done the same, I have sold at low price and bought back at high price. You can call me panic buyer/seller but my decision already turns out to be right one.  Grin
You have done wrong that you have sold at low price you should need to trust bitcoin as according to rules because bitcoin is giving opportunity to people so how you can say that you have sold in low price you should need to wait for bitcoin that it will go and go again to high prices because bitcoin has never done something wrong like that so what do you think?
hero member
Activity: 910
Merit: 511
August 17, 2017, 03:07:34 PM
#23

Days ago someone created a thread to speak their losses and say that he would not do day trading any more


This is really usually for people who start to trading without really understand what they are going to risk.
Maybe they try to buy and sell without any strategies...
i think this is nearest a gambler, than a trader!
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
August 16, 2017, 04:22:27 PM
#22
Are people really still trying to short BTC? Most stories I have heard of people trying to short BTC didn't end well. One does not simply short BTC.


Days ago someone created a thread to speak their losses and say that he would not do day trading any more


People shouldn't even be considering selling a large % of their coins now. Bitcoin will be at a ridiculously high price after the next halving. People need to have patience & wait.

If people need money or buy something, they will use their bitcoins.



hero member
Activity: 910
Merit: 511
August 16, 2017, 03:07:25 PM
#21
The panic seller's creed.

What's the matter, you guys don't believe in Bitcoin? Gotta cashout for some trustworthy Fiat?

People shouldn't even be considering selling a large % of their coins now. Bitcoin will be at a ridiculously high price after the next halving. People need to have patience & wait.
i think this behaviour is legit!
Why sell all coins of my bucket?
The right approach is to do a easy money management diversifying all the funds in FIAT, Bitcoin and altCoins.
hero member
Activity: 854
Merit: 500
August 16, 2017, 12:47:57 PM
#20
I think even the one who have sold few % of their bitcoin have already bought back bitcoins at higher price because they don't want to miss the current bull run. I have done the same, I have sold at low price and bought back at high price. You can call me panic buyer/seller but my decision already turns out to be right one.  Grin
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
August 16, 2017, 12:29:11 PM
#19
The panic seller's creed.

What's the matter, you guys don't believe in Bitcoin? Gotta cashout for some trustworthy Fiat?

People shouldn't even be considering selling a large % of their coins now. Bitcoin will be at a ridiculously high price after the next halving. People need to have patience & wait.
full member
Activity: 296
Merit: 100
August 16, 2017, 10:15:15 AM
#18
At present users who have been into bitcoin and has limited number of bitcoin will be completely in panic. This is just because of the ongoing price increase and the fear of missing out the all time high. This finally ends buying high and selling low.
legendary
Activity: 3122
Merit: 2178
Playgram - The Telegram Casino
August 16, 2017, 09:55:13 AM
#17
I'll tell you why I don't like short-term traders.... is because they think they are smarter than the markets. If they had any real skills they would be working like everyone else and buying Bitcoins with their earnings. Bitcoin is a limited commodity, with a 0.4% increase on average PER DAY. Any smart person would just invest and HODL. Instead, these traders want more and get greedy trying to short the market.

HODLEr for LYfe

Are people really still trying to short BTC? Most stories I have heard of people trying to short BTC didn't end well. One does not simply short BTC.

Apart from that, give sellers a break! Just relax and buy the dips, that's what their for. I'm not sure why you're even so upset about it. Real hodlers don't faze.
legendary
Activity: 1442
Merit: 1016
August 16, 2017, 04:35:48 AM
#16
seriously,it's not because they don't believe it or something like that.
it's just they need some money from their holding to use it for their life.
many people in here using their salary as a capital for their trade,and of course if something like this happen,
more likely they will cash out some of their holding,because they need to spend it for their expanses.
so it doesn't mean they don't believe it,everybody have their own plan so nothing wrong with that right ?

and even if they sell it because they fear another 'huge correction' will happen,that's not wrong at all.
many people use their emotion to trade other than their logic.
just take it as an opportunity and we will get what we deserve in the future
so,chill bro

If they need to sell due to expanses and using salary as trading capital means they are using money they can not afford to lose.
This is very dangerous and pretty dumb to do! Probably driven by greed. Just to make a quick buck. I highly doubt these people know what Bitcoin really is about and pretty much don't really care.

And selling due to fear of a "huge correction" is appreciated by guys like me who will gladly pick the coins those dummies will have dumped.

If you only invest with money you have lying on the sideline somewhere, what is doing nothing, you can get in and just hold, no matter what the price is doing.
All the other guys who are panicking and acting like headless chicken with every dump taking place are definitely overinvested.
sr. member
Activity: 1498
Merit: 251
KUWA.ai
August 16, 2017, 02:24:31 AM
#15
The panic seller's creed.

What's the matter, you guys don't believe in Bitcoin? Gotta cashout for some trustworthy Fiat?

If somebody sells at this point, they have booked profits, irrespective of the price that they bought. So I don't think buy high sell low applies in this case. It is only applicable in bear rallies, where people are convinced bitcoin is going to become worthless.
Where are you know that about booked the profits, the similar sentences will be buy at the people want to pump and sell at the same time of the people wants to dump.
This a money game and nothing worthless. especially bitcoin.
sr. member
Activity: 475
Merit: 250
Presale is live!
August 16, 2017, 02:09:45 AM
#14
I made this mistake at least one time. It happens when you don't trust your investment and yourself, its definitely not "cutting loses". To avoid this you should be patient while buying and analyze after selling. Learning from mistakes is enough.
legendary
Activity: 1246
Merit: 1000
August 16, 2017, 12:09:35 AM
#13
The panic seller's creed.

What's the matter, you guys don't believe in Bitcoin? Gotta cashout for some trustworthy Fiat?

If somebody sells at this point, they have booked profits, irrespective of the price that they bought. So I don't think buy high sell low applies in this case. It is only applicable in bear rallies, where people are convinced bitcoin is going to become worthless.
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
August 16, 2017, 12:03:10 AM
#12
Well, its none of his business whether they sell their coins or not.
After all it is their coins not his so stop ranting. Grin
Some sell their coins as bitcoin's price is ATH because they want to taste the moon.
Not because they sell doesn't necessarily mean that they're in panic.
But for sure they just sell only a small portion of their coins so if the price will increase they have some.
legendary
Activity: 2898
Merit: 1823
August 15, 2017, 09:34:46 PM
#11
OP, why are you mad? Did you buy at the high and now cringing at the prospect of this correcting below $3000? There are some traders who are indicating it will.

But in all honesty I welcome it. Buying the dips has always been a good strategy in accumulating Bitcoins in my opinion.
legendary
Activity: 1414
Merit: 1000
August 15, 2017, 07:23:30 PM
#10
"seriously,it's not because they don't believe it or something like that."

Actually, it's a lot like that. Lots of buyers are only in this because they see something going up like crazy, they don't give a shit about what they are trading.
sr. member
Activity: 1274
Merit: 263
August 15, 2017, 06:57:43 PM
#9
seriously,it's not because they don't believe it or something like that.
it's just they need some money from their holding to use it for their life.
many people in here using their salary as a capital for their trade,and of course if something like this happen,
more likely they will cash out some of their holding,because they need to spend it for their expanses.
so it doesn't mean they don't believe it,everybody have their own plan so nothing wrong with that right ?

and even if they sell it because they fear another 'huge correction' will happen,that's not wrong at all.
many people use their emotion to trade other than their logic.
just take it as an opportunity and we will get what we deserve in the future
so,chill bro
sr. member
Activity: 826
Merit: 265
August 15, 2017, 04:27:32 PM
#8
The panic seller's creed.

What's the matter, you guys don't believe in Bitcoin? Gotta cashout for some trustworthy Fiat?

Panic sell???
we are rising weeks by weeks, month by month....
a correction of 40% or 50% could heppen!
but it will be just a good chance to enter lower

Its really a good time for new investors to enter at this dip. I'm not selling my bitcoin, this is just a correction and should be healthy because new cash will pour in again so just hodl.

And next week when segwit has officially implemented, we will see a new price surge. So better hold. Those that are selling now just want to cash in, its normal but don't sell your bitcoin stash. Just a portion will do and go buy bitcoin if you still have some extra cash.
Pages:
Jump to: