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Topic: Buy Low, Sell High - page 11. (Read 3500 times)

legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
November 17, 2020, 12:52:57 PM
#95
That's what happens because they basically buy based on news and trends, if those bad trends and news make people rethink buying when it is obvious they are low value. At the same time they are aware that a potential recovery is coming, but they are still reluctant to buy because they may be worried or wait for lower prices. It is not surprising to me, because buying when the price is pumping is the time when people become FOMO, whereas if one is aware that buying at a high price will cause more concern because a cryptocurency market crash could happen at any time.
full member
Activity: 1610
Merit: 102
November 17, 2020, 12:37:13 PM
#94
An important aspect of trading is to make the right decisions at the right time which is not possible in most cases. When the value of a bitcoin starts to fall, most people are not able to analyze exactly how much it will fall. On the other hand, the sudden huge drop in the price of bitcoins has had a negative effect, and most people have lost interest in buying bitcoin at this time due to panic. But when people see Bitcoin hitting a predetermined future price, they come in and get excited to buy it. But in my opinion, it is better to buy at a lower price and sell at a higher price through market analysis, rather than panic or buy out of enthusiasm.
jr. member
Activity: 1141
Merit: 1
November 17, 2020, 10:03:47 AM
#93
Practically it is very difficult to Buy low sell high. If anyone knows this secret then he is a successful trader, Buy low sell high is based on Technical and Fundamental knowledge also depends on patience.
sr. member
Activity: 1050
Merit: 286
November 17, 2020, 09:21:46 AM
#92

Really ironic and comedy to most, but this is the reality. At $3800, people are still not buying and looking for more dip, and majority are shouting that it is the end of bitcoin.

Fast track to November, the opportunity to scoop cheap bitcoin is no longer present, and yet everyone wanted to join the bandwagon and extremely bullish to even predict a six digits as the next all time high.

we can not see the future clearly, at this point we can only imagine that in the future the price of bitcoin will be more expensive.
at this point we better buy bitcoin rather than waiting for bitcoin to fall more because now the bitcoin market is experiencing a very high price increase lately, if we wait for bitcoin prices to fall and however in the crypto market continues to experience bitcoin price increases, in my opinion we have lost in time.
It is really true that we cannot predict the market since we all know that cryptocurrency is volatile in terms of its value, meaning the price is changing as time passes by, when there's transaction happened all around the world, every transaction affects the value. Trading is really a hard way of earning money with cryptocurrency but if you study every important information about it and about the market you can create a solid portfolio that will guide you to avoid losing profit.
full member
Activity: 1274
Merit: 104
HEX: Longer pays better
November 17, 2020, 08:21:21 AM
#91
LOL you just follow the trend of mockups that will make you lose a lot of money in a short time
all you need to pay attention to is to determine the right time to buy, that is when your Fomo can follow market trends, but you can benefit by using short-term trading
the golden moment you buy is also when bitcoin has a huge dump and plays long term
that's what i do to get a lot of profit
full member
Activity: 840
Merit: 105
Buzz App - Spin wheel, farm rewards
November 17, 2020, 08:05:36 AM
#90

Really ironic and comedy to most, but this is the reality. At $3800, people are still not buying and looking for more dip, and majority are shouting that it is the end of bitcoin.

Fast track to November, the opportunity to scoop cheap bitcoin is no longer present, and yet everyone wanted to join the bandwagon and extremely bullish to even predict a six digits as the next all time high.

we can not see the future clearly, at this point we can only imagine that in the future the price of bitcoin will be more expensive.
at this point we better buy bitcoin rather than waiting for bitcoin to fall more because now the bitcoin market is experiencing a very high price increase lately, if we wait for bitcoin prices to fall and however in the crypto market continues to experience bitcoin price increases, in my opinion we have lost in time.
hero member
Activity: 2716
Merit: 552
November 17, 2020, 05:39:02 AM
#89
The future is for those who are ready to take a risk. Some will keep waiting for the dip until bitcoin one day reaches that 100k. This is not rocket science it is plain ability to make a decision on your own and never look back. I know the previous fear of a massive fall in price was what is making people to always wait for the right time but if you are in for a long term investment, you can never go wrong by investing in bitcoin because it is here to stay

It is here to stay and will keep rising. Long term investment is best suitable for Bitcoin holders. The price might look high as of this moment, but this is exactly the same thing people are uttering when Btc was still trading at $1,000 early in 2016, but look how far Btc have come into. Imagine Btc at $16,000 will soon be considered as cheap If it reaches 6 digit figure in the future.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
November 17, 2020, 05:29:29 AM
#88
The future is for those who are ready to take a risk. Some will keep waiting for the dip until bitcoin one day reaches that 100k. This is not rocket science it is plain ability to make a decision on your own and never look back. I know the previous fear of a massive fall in price was what is making people to always wait for the right time but if you are in for a long term investment, you can never go wrong by investing in bitcoin because it is here to stay

The advantage of being ready to take the risk and have a good patience to wait guarantees that you'll be be able to gain higher compensations  in returned, and yes is not a rocket science but a good ability to keep yourself well arranged and your dedications are focus with the best potentials in the long run.  Those who are afraid and keep thinking that it's the venue where you can quickly gained huge amount of profits are mostly loses their money.

Having a good mindset and allowing yourself to assess everything before taking your call builds a strong foundations. Long term holders are ready to buy in any amount and set their targets and keep it that way till it achieved.
full member
Activity: 770
Merit: 113
November 17, 2020, 05:16:21 AM
#87
I also heard that when FUDERS said bitcoin would fall and end because at that time the Covid pandemic was in every country, but in fact bitcoin will halving in May 2020 and at that time investors made Hashtags on every social media making people who don't know what is bitcoin asked, "what is bitcoin halving" at that time the price prediction after the halving spread and it made investors even more interested in returning, and I took the opportunity to buy bitcoin even if only a little
Well, rumors and news play a big role. When we understand that we can get caught up in market manipulation. Deep experience and knowledge is needed to survive in this cryptocurrency ecosystem.
Buy low sell high, looks easy to hear, but not that easy to implement. Especially for beginners, how can you determine a low price if you don't have analytical skills? will get worse if only carried away by FOMO, then it turns out to buy at the top and then dump. very sad.
But that's okay, many people learn from mistakes. Provided we want to analyze the previous mistakes and make the lessons for the next opportunity.
sr. member
Activity: 756
Merit: 256
HEX: Longer pays better
November 17, 2020, 01:32:45 AM
#86

https://twitter.com/CryptoWhale/status/1327049480483508225

Really ironic and comedy to most, but this is the reality. At $3800, people are still not buying and looking for more dip, and majority are shouting that it is the end of bitcoin.

Fast track to November, the opportunity to scoop cheap bitcoin is no longer present, and yet everyone wanted to join the bandwagon and extremely bullish to even predict a six digits as the next all time high.
Yes, this is exactly the mentality of the crowd in any financial market. Without the media, the crowd would not dare to buy Bitcoin because they are still in a state of fear. This is also the weak point of the crowd, they always find themselves the best fulcrum of belief and then the whales continue with the Pump game to make the believing crowd easy again.
This also shows discipline and trading planning that is very important. If we don't prepare the worst-case scenarios, we will also be caught up in the swirl of the crowd, and our loss rate will go up to 99.99% Smiley
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
November 17, 2020, 12:15:23 AM
#85
The future is for those who are ready to take a risk. Some will keep waiting for the dip until bitcoin one day reaches that 100k. This is not rocket science it is plain ability to make a decision on your own and never look back. I know the previous fear of a massive fall in price was what is making people to always wait for the right time but if you are in for a long term investment, you can never go wrong by investing in bitcoin because it is here to stay
The fear in my opinion stems from wanting to get more from what they need, they were scared that their measly 1k will be 800 but they want to buy at 16k which does not make sense because you are buying at higher prices yet the same amount of bitcoin. It is not their fault entirely because most of them are playing safe and we all know that cryptocurrency has a volatile nature, I shaped my strategies based on this people's experiences which in my opinion a better way than experiencing it myself.
full member
Activity: 1498
Merit: 129
November 16, 2020, 10:03:58 PM
#84
The future is for those who are ready to take a risk. Some will keep waiting for the dip until bitcoin one day reaches that 100k. This is not rocket science it is plain ability to make a decision on your own and never look back. I know the previous fear of a massive fall in price was what is making people to always wait for the right time but if you are in for a long term investment, you can never go wrong by investing in bitcoin because it is here to stay
full member
Activity: 1750
Merit: 118
November 16, 2020, 09:54:32 PM
#83
I think you are only exaggerating something. Most likely new investors are like getting FOMO. They are seeing bitcoin in good market then because of greediness seeing that bull run could happen most people buy to be able to partake in the bull run. High chance that it could happen but there is also chance that bull run could not.
its not an exageration but he was only telling the truth . ive been on the forum for almost 3 years and ive been active on here all the time and im also seeing those comments depending on the price of btc . this wasnt because of fomo all alone because as you can see there was also a low price feedback on his pic . it can be true that most people fomo when btc is rising rapidly into a new level but why no one does that when price gets dumped alot but people often gets scared and will say that they will wait for more dumps .
sr. member
Activity: 2618
Merit: 439
November 16, 2020, 09:35:07 PM
#82
As per CryptoWhale:



https://twitter.com/CryptoWhale/status/1327049480483508225

Really ironic and comedy to most, but this is the reality. At $3800, people are still not buying and looking for more dip, and majority are shouting that it is the end of bitcoin.

Fast track to November, the opportunity to scoop cheap bitcoin is no longer present, and yet everyone wanted to join the bandwagon and extremely bullish to even predict a six digits as the next all time high.
Because those people mostly use crypto investment as bread and butter thats why they are very particular in every small losses so making a decision is really harder when your capital is what you only have that far.

But of course we must be ready in all circumstances so putting our money in Bitcoin if we are here for years?
we already knew that in any way value of this will surely recover and come back though it may take years sometimes.
newbie
Activity: 10
Merit: 0
November 16, 2020, 09:23:00 PM
#81
Buy low, sell high this is a strategy every trader most understand, but we should focus to our greedy mind
member
Activity: 518
Merit: 21
November 16, 2020, 08:20:50 PM
#80
I think you are only exaggerating something. Most likely new investors are like getting FOMO. They are seeing bitcoin in good market then because of greediness seeing that bull run could happen most people buy to be able to partake in the bull run. High chance that it could happen but there is also chance that bull run could not. Yet, the bitcoin market will be decided by the investors and good thing that there are investors trusting bitcoin buying it even at the current market.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
November 16, 2020, 08:11:40 PM
#79
I can feel those hesitant ,as I have been once back in 2017 when I deny buying when the price is still below $10,000 and until the price surge to the highest price?

I did not manage to add another amount in my holding that I regret until now.
Really ironic and comedy to most, but this is the reality. At $3800, people are still not buying and looking for more dip, and majority are shouting that it is the end of bitcoin.
sometimes it is understandable specially to those who is not really trader and just wanted to ride the flow here?
as the volatility threaten the capacity of each investors many of them fails.
Fast track to November, the opportunity to scoop cheap bitcoin is no longer present, and yet everyone wanted to join the bandwagon and extremely bullish to even predict a six digits as the next all time high.
Maybe those are not part of 2017 as they did not experience being trapped after believing that the price will continue but stopped before December ends.
legendary
Activity: 2576
Merit: 1043
Need A Campaign Manager? | Contact Little_Mouse
November 16, 2020, 07:44:27 PM
#78
~
Quite ironic but that is the reality like you said.
This happens to those investors who aren't spending too much and don't have any extra cash to be used in investing.

If you will ask those large institutions, I know that they have the chance to buy Bitcoins at the lowest price. They grabbed the opportunity to buy at its lowest price. Now that Bitcoin is already surging, investors are getting FOMO'ed and buying even it is at the highest hoping that they will not be left in the ride.

Either or, I will just watch how the market will be this year because for me this is the worst time to buy Bitcoin. People are becoming greed, people are very bullish. Be a contrarian and don't follow the herd Cheesy.
full member
Activity: 809
Merit: 100
November 16, 2020, 07:27:48 PM
#77
I also heard that when FUDERS said bitcoin would fall and end because at that time the Covid pandemic was in every country, but in fact bitcoin will halving in May 2020 and at that time investors made Hashtags on every social media making people who don't know what is bitcoin asked, "what is bitcoin halving" at that time the price prediction after the halving spread and it made investors even more interested in returning, and I took the opportunity to buy bitcoin even if only a little
sr. member
Activity: 1036
Merit: 281
November 16, 2020, 07:21:25 PM
#76
Buying cheap and selling high are all investors' expectations. investors buy tokens at low prices and sell at high prices to get alcoin profits, some buy cheap prices and save in the long term waiting for the price of coins to rise and when the price of coins rises then they are sold.
But some people don't really go with the original strategy. when the price starts to rise and there is FOMO many want to buy it and of course they will buy at a high price, but when the price suddenly starts to fall or dump everyone panics and sells it cheaply. This will certainly be very detrimental, the lack of mental readiness when trading will have bad and detrimental effects. Holding on and waiting for the price to rise is better than having to sell it at a low price.
Easy to say but you would need to endure all of the stress and patience would really be mainly tested out.Its easy for that buy low sell high but the thing you had mentioned
which had been part of the reality where people do opposite thing instead.

People do should have that readiness and risk taking decisions because it isn't really easy to accumulate or buy coins when the market is on deep reds.
Even myself would still hesitate on times like these even though im already old into this market or have been in a while.

Most basic but really hard to be done when you are in the actual situation.
I became like that too where I'm part of the people who are boasting that I can make money through trading easily and If I'm not mistaken I said it just a piece of cake and it is a "basic" but I ate all of those words when I first make investment in trading where I lose it in just weeks. That time I found out that I need to take it seriously and I need to spend most of my time to study it for me to become knowledgeable enough to make a trade. I'm once a newbie where I thought that I can make huge gains by following buy low and sell high but I'm wrong because I always making mistakes when I was a newbie.

When the price goes down where there is a big red candle in the chart and it is indicating a huge dump, I do not suggest others to buy at its dip because it is like a catching a falling knives where in you do not know if it is the low of the lows. Imagine that you bought XRP/BTC on September 24 where the price is BTC0.00002150 because you thought that it is now a low and you are anticipating a swing high but look at the chart now the low of it formed another lows and the current price of it is now BTC0.00001750.
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