Topic: Buy Low, Sell High - page 13. (Read 3500 times)
People always look for good profit whether they knew it or not some of people already want bitcoin to be part of their daily lives however some of them still don't believe that this bitcoin can really give them good profit, I read some of article that bitcoin will be pump up, and i already bought some bitcoin and waiting for the good to sell em all and wait again to become cheaper this is my technique because i always want money to upgrade my business.
a very classic words, buy cheap and sell high, I think it can not be identified with bitcoin alone, a natural thing in life. almost in every business we have, we always imagine a higher return from the capital we have. however, it is not easy. not everything we imagine come true, all through a long process.
one of the economic references, that buy when prices fall and start selling when you feel that you are getting a reasonable profit. of course this will be done by all components of society in trading, including in the field of crypto. bitcoin has now reached a high enough price but it is not maximal and the possibility of falling back could occur, don't hesitate to buy and invest because bitcoin will reach its peak next year. 
To be honest, many beginner traders in the crypto world analyze prices like stock prices, they don't take into account other things such as the amount of supply, block rewards, halving, history and many more, I have reminded and taken this into account but many of them think the bitcoin era is dead , I've heard this for a long time, people used to say bitcoin is dead but in fact it's still alive today, it's time to wait for them to buy again at a high price after selling it cheap before
Bitcoin ia always a good buy whenever one wanted by just holding it a couple of years surely that one will earn. Yet, to get the optimum profit in short period of time then buy low and sell high strategy is very effeective. I had seen some of my friends doing this and even invited me to buy bitcoin when market price was low. However, I had an equally matter to invest with like in the trainings for my career development and to get a better position in the company I work with.
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.
Is this something new? Its always been part of the reality where people would really be in deep doubts when the price is almost on the floor where we become too emotional.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.
We would really be giving out those bearish sentiments like "bitcoin is dead".,"bitcoin goes to 100,1000 or lower". Its part of human nature to have fear but for those people
who do see it as an opportunity will surely buy those cheap coins and look at now? Theyve been gaining some good amounts of their investment which it didnt really that last long
because it did rise on this year which i would say that it is a worth risk to take.
Certainly those people who reversely invest at times like this wherein the price of Bitcoin soars high reaching $16000+ seems to be like new in the market for they have been attracted on investing when the price is not affordable at this time for the fact that such price is already expensive compared to when the pandemic crisis have started last March at this year based on the illustration/attached photo posted by the OP which is $3800 that is much more affordable compared to the price that Bitcoin have right now. Certainly such decision making is vague and pale for they did not saw the opportunity despite of the crisis where other people that have just bought at those times are certainly enjoying their prosperity as of the moment.
Most people are easily fended off by a dip thinking it's the end of the world when stuff like this happens on the daily not only in the bitcoin market but everywhere else. What's good though is the fact that bitcoin already had a strong userbase that are confident in the coin itself. Most of them would hold for months and months on end which is reay great because bitcoin is a high risk high reward scheme.
It's a human error or that is our common instinct.
These people are driven by their doubts and wrong market analysis. When they saw that the market is red, they will also be thinking more about negative (dump soon, dump soon, the end of crypto). A little bit funny but that is what we mostly heard, they are also in bearish mind once they saw reds but they are also in bullish minds once they saw green lines.
This kind of person will easily be got into FOMO, fears are inside and doubtful minds.
These people are driven by their doubts and wrong market analysis. When they saw that the market is red, they will also be thinking more about negative (dump soon, dump soon, the end of crypto). A little bit funny but that is what we mostly heard, they are also in bearish mind once they saw reds but they are also in bullish minds once they saw green lines.
This kind of person will easily be got into FOMO, fears are inside and doubtful minds.
Most overreaction when price go up is (too bad I didn't buy much when price were low). lol
Almost every time the price goes up someone will say that. Actually investing isn't the case because I think buy it while you can afford it and hold on if you believe it has great potential in the future. Let's learn from experience that almost every time bitcoin drops further, we will see its price recover over time.
Almost every time the price goes up someone will say that. Actually investing isn't the case because I think buy it while you can afford it and hold on if you believe it has great potential in the future. Let's learn from experience that almost every time bitcoin drops further, we will see its price recover over time.
Because it's easy to say but hard to execute correctly since many are been emotional on happenings and believe on the hype came that's why we can see more people losing rather than earning. Hopefully those who lose will not quit and really learn from this experience and execute their trades on their own personal knowledge since this could help them more.
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.
Does it mean all about how an individual did their own research? I ever heard that trading is not as simple as buying low sell high because if we only implement this without any further analysis, we may face a deep downtrend when market correction and also has issues or risks for cut loss. 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.
But yeah, I bought a few BTC in March and still hold now, at that time, it is only about the belief that BTC can really increase again at least in 2021. And currently, BTC really gives a surprise to me.
I know that they are securing their money to risks but bitcoin is risk itself. If they will not get into that risk, this will really happen. You should trust the process, you don't think of it since it could create doubts that might lead to anxiety and that would be harder. Its been like this for years, they should know better.
People who bought bitcoin in March or in the price where people doubt bitcoin truly deserve bitcoin's price right now. They are the ones who truly believe bitcoin when almost all of the people doubt it. The buyers of bitcoin right now expect to reach another ATH. We can't say it will happen, but it's possible.
yes, I did that technique. but i only buy small chips of bitcoin. if I invest in March with 1 bitcoin, today I have a big harvest. but that's just an expectation. do you think bitcoi will fall again or will it always be to the moon?
I think bitcoin will not always to the moon. There's always a time it will fall to the price where people doubt bitcoin again.
yes, I did that technique. but i only buy small chips of bitcoin. if I invest in March with 1 bitcoin, today I have a big harvest. but that's just an expectation. do you think bitcoi will fall again or will it always be to the moon?
All I can say is that the circumstances are much more in the bulls favour so we might have an even bigger break-up. I mean:
1) Bitcoin is very scarce (supply is low)
2) People want to buy (demand is high)
3) People are greedy (they won't sell early)
Here you go. The perfect formula for an extended bull market.
1) Bitcoin is very scarce (supply is low)
2) People want to buy (demand is high)
3) People are greedy (they won't sell early)
Here you go. The perfect formula for an extended bull market.
Correct.
The only thing that kept people away from it was the uncertainty of how countries will approach it. There were many conspiracy theories that this or that country will fight and ban it. Some politicians were negative like there was a congressman in the US who said it's money of the criminals and should be banned.
Once the rumors remained that and only that more people begun to trust Bitcoin and consider it a worthy investment.
Now there's little that can damage it.
Most overreaction when price go up is (too bad I didn't buy much when price were low). lol
Almost every time the price goes up someone will say that. Actually investing isn't the case because I think buy it while you can afford it and hold on if you believe it has great potential in the future. Let's learn from experience that almost every time bitcoin drops further, we will see its price recover over time.
Almost every time the price goes up someone will say that. Actually investing isn't the case because I think buy it while you can afford it and hold on if you believe it has great potential in the future. Let's learn from experience that almost every time bitcoin drops further, we will see its price recover over time.
I have discovered people FOMO to buy when the price is high and stay away when the price is dumping. When I advise people to buy during the bearish period, they told me, bitcoin was done and will never reach ATH again, and the need to trade some altcoin and see how to make better profit. Today those altcoins have all dumped on them while bitcoin remains at the top of the market.
It is how they react if they will buy or not yet.
If the price is stagnant even if it's that damn low, they wouldn't take time to consider buying. But when they started to see it moving higher and higher, they don't care about the prices but they see the increase. That's the time they will buy. There are investors that are always like that.
And it is hard to change their attitude towards market reaction and buying at low prices.
If the price is stagnant even if it's that damn low, they wouldn't take time to consider buying. But when they started to see it moving higher and higher, they don't care about the prices but they see the increase. That's the time they will buy. There are investors that are always like that.
And it is hard to change their attitude towards market reaction and buying at low prices.
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.
It is because of this that so many people lose money and so few people earn it, trading by design is counterintuitive, if you are doing what everyone else is doing then you are bound to lose money because the majority is bound to lose money, so when you see that everyone is negative about the prospects of bitcoin and there seems to be an extreme fear that the price is going to keep crashing even further that is the moment when smart traders and investors should really be thinking about investing a significant portion of their capital in bitcoin. 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.
Speculation and Volatility are two thing that have always been closely related to bitcoin.
Why do people say that they are so unlucky not to buy bitcoin at a time when it's cheap and given the fact that today it has risen 4.48x from its price in March ? This is volatility, price can still go down and rise suddenly and it's hard to guess. We cant say that at this point the price has reached the lowest and the highest because in reality it is very volatile. One can only guess and attribute prices to the things that happen in the world and that is speculation. This has been happening to bitcoin for a long time. Deep pocket of people who believe in bitcoin's future potential will almost certainly benefit greatly from it.
We cant say that the current bitcoin price is the highest point in 2020 because if the price reaches $73K in the following year then this $16.5K must be a cheap price so we will again hear the rambling of people's misfortune again here. ;v
Why do people say that they are so unlucky not to buy bitcoin at a time when it's cheap and given the fact that today it has risen 4.48x from its price in March ? This is volatility, price can still go down and rise suddenly and it's hard to guess. We cant say that at this point the price has reached the lowest and the highest because in reality it is very volatile. One can only guess and attribute prices to the things that happen in the world and that is speculation. This has been happening to bitcoin for a long time. Deep pocket of people who believe in bitcoin's future potential will almost certainly benefit greatly from it.
We cant say that the current bitcoin price is the highest point in 2020 because if the price reaches $73K in the following year then this $16.5K must be a cheap price so we will again hear the rambling of people's misfortune again here. ;v
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.
And some are having regrets because they missed the chance to buy at a low price.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.
Patience is a must in crypto currency so for those who endure and bought it back when it was at $3K last year and manage to hold it up till now congratulations.
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