I will not miss this great opportunity to buy more of bitcoin, since the price has dropped to $35 few days ago which many people have been waiting for so that they can have a good confidence in the future. Many investors will have a lot to achieve from their investment, if the price hit $100k before the end of the year 2022.
Bitcoin and many altcoins price has dropped which will really help both long term and short term investors to carry out their personal research to see great future ahead of those that are ready to buy more of bitcoin and hold for future profit making. Buy with huge amount of money because bitcoin price will definitely hit $80k before the end of February.
Topic: Buy low, Sell high? - page 10. (Read 1783 times)
Many people have weak hands this kind of thing didn't only happened once but multiple times and it's just a cycle. Weak people panicked and sell, strong people wait for opportunity and buy and the market will go up and the strong people sell and weak people buy, it's just a matter of timing and patience. Some people put a lot of money on their investment and lose their mind if they see it going down.
It sounds like to me that this entire thread is about people who are trying to convince themselves that there will be no surprise pump but rather another dump. This kind of thinking leads you to FOMO and trading on emotions. Two things you must avoid.
If you invested at the top, I would preferably stay at the top. At this point, think of it as a long term investment.
If your hands are itching to make a profit, wait for your expected "dump" and buy the dip or buy more coin now. Just don't sell on a loss!
If you invested at the top, I would preferably stay at the top. At this point, think of it as a long term investment.
If your hands are itching to make a profit, wait for your expected "dump" and buy the dip or buy more coin now. Just don't sell on a loss!
People are always panic buying and panic selling, because they are afraid, for being too careless on buying or selling. Those kind of people are just riding the hype, because their friends are making money in Bitcoin or in other cryptocurrency by "buying low, selling high" they also invested their money on it but doesn't have any idea on what price to buy.
They didn't even know the price volatility, all they know is that when you bought Bitcoin, it will continue to rise up and you could make money everyday, but it's not like that.
it seems that everyone will experience things as you say because of lack of self-confidence with the ability to analyze themselves but only rely on people's analysis so that when it is not appropriate then there will be panic, where this can create losses that cannot be dammed because everything is decided in a hurry.They didn't even know the price volatility, all they know is that when you bought Bitcoin, it will continue to rise up and you could make money everyday, but it's not like that.
the basic principle is clear that you can buy when the price is low and sell when the price is high, but this scenario sometimes takes a long time and requires patience, so that sometimes it doesn't match what you want which eventually leads to wrong actions with what is the main goal.
everyone returns to themselves that they are ready for what happens, because when prices go down and up, it can't be determined when it will happen so it takes time and a lot of patience, especially clearly the funds are separate from daily use. so it can focus on waiting for the right time for execution.
Deciding when to enter a trade is arguably the hardest part of the task. Even when you have found a promising trade, deciding at what price to buy or sell can be tricky. One should always be trying to buy low and sell high so that they can make a profit.
It is not about the budget, it is about how you "budget" it.
I never invest anything more than %5 all at once. This means, assuming I have 1000$ to invest, nothing gets more than 50$ at once.
So it is not about having a big amount in order to keep investing, it is about investing in a smart way and being ready.
I never invest anything more than %5 all at once. This means, assuming I have 1000$ to invest, nothing gets more than 50$ at once.
So it is not about having a big amount in order to keep investing, it is about investing in a smart way and being ready.
Then just why not stick with your principle and disregard any responses here. If you think that strategy is working for you effectively or will, then follow it. People have different preferences and what others think is best might be not a good idea for you.
Moving forward, I hope that mindset of yours will eventually yield you a good return.
Good luck with your principle about investment diversification.
People are always panic buying and panic selling, because they are afraid, for being too careless on buying or selling. Those kind of people are just riding the hype, because their friends are making money in Bitcoin or in other cryptocurrency by "buying low, selling high" they also invested their money on it but doesn't have any idea on what price to buy.
They didn't even know the price volatility, all they know is that when you bought Bitcoin, it will continue to rise up and you could make money everyday, but it's not like that.
I just change Panic to normal, this gonna happen very often and that is because people often changed their mindset as well. if people were going to remain in panic, I don't think they will continue to invest in crypto, this is not for them. They didn't even know the price volatility, all they know is that when you bought Bitcoin, it will continue to rise up and you could make money everyday, but it's not like that.
Buy Low, Sell High...that gonna be a winning strategy but somehow many were still not consistent in doing this but instead, they follow what they feel and their emotions drive them to think about selling.
It is not about the budget, it is about how you "budget" it.
I never invest anything more than %5 all at once. This means, assuming I have 1000$ to invest, nothing gets more than 50$ at once.
I invest in different stuff of course, like 10-12 different coins/tokens. Which comes down to around 500-600$ total. This was long ago and I haven't entered anything new recently so I can't say I bought a coin for the first time for a while now.
Then, if the price goes down, I wait. If it goes down more than %20, I buy as much. So if I invested 50$ then I get another 50$. If it goes down by %35 or so from my first purchase price, I invest another 50$, and if it reaches %50 then I do another 50$.
This way, I do not have to have new money. Although I save some every single month, which allows me to invest even more, I could even keep going with my initial investment.
So it is not about having a big amount in order to keep investing, it is about investing in a smart way and being ready.
This overleveraging helped them during the bull run, they invested all their money into shitcoins like doge and that gave them so much of an increase more than 10x and they assumed how they invested was the right way to invest. I am not saying that it would never work, it does have times that it works, but in a volatile market like crypto, slow and steady wins the race every single time.
It is not about the budget, it is about how you "budget" it.
I never invest anything more than %5 all at once. This means, assuming I have 1000$ to invest, nothing gets more than 50$ at once.
I invest in different stuff of course, like 10-12 different coins/tokens. Which comes down to around 500-600$ total. This was long ago and I haven't entered anything new recently so I can't say I bought a coin for the first time for a while now.
Then, if the price goes down, I wait. If it goes down more than %20, I buy as much. So if I invested 50$ then I get another 50$. If it goes down by %35 or so from my first purchase price, I invest another 50$, and if it reaches %50 then I do another 50$.
This way, I do not have to have new money. Although I save some every single month, which allows me to invest even more, I could even keep going with my initial investment.
So it is not about having a big amount in order to keep investing, it is about investing in a smart way and being ready.
This overleveraging helped them during the bull run, they invested all their money into shitcoins like doge and that gave them so much of an increase more than 10x and they assumed how they invested was the right way to invest. I am not saying that it would never work, it does have times that it works, but in a volatile market like crypto, slow and steady wins the race every single time.
Why does everyone think the same? I mean it shouldn't be like this right? I have been long enough to hear "buy low, sell high" a million times so far, and it has always been said when the market is low, but for some reason, people still do not feel hopeful when the price is low.
I am not going to make your investments for you, it is not my decision to sell or buy for you, if you want to get out right now and feel scared then you should do that, it is your money and only you can decide that.
You just can't make that generalization, everyone don't think that way. Some of have been here enough to understand this simply mechanism that you are encouraged to buy 'dip and sell high'. People keep forgetting that this is not the first time that this kind of thing is happening. That we have always had the bear market in crypto and also the bull market too and without one we can't have the other. I will encourage that you should invest the much you can afford to lose in this dip and you will thank me later. Not a financial advice though! I am not going to make your investments for you, it is not my decision to sell or buy for you, if you want to get out right now and feel scared then you should do that, it is your money and only you can decide that.
I don't become frenzy and attempt to collect bit by bit however I don't simply hop with my portfolios in general. They are simply giving themselves more to ponder. In the event that they sell now and abruptly it siphons up it would be an anguish.
People are always panic buying and panic selling, because they are afraid, for being too careless on buying or selling. Those kind of people are just riding the hype, because their friends are making money in Bitcoin or in other cryptocurrency by "buying low, selling high" they also invested their money on it but doesn't have any idea on what price to buy.
They didn't even know the price volatility, all they know is that when you bought Bitcoin, it will continue to rise up and you could make money everyday, but it's not like that.
They didn't even know the price volatility, all they know is that when you bought Bitcoin, it will continue to rise up and you could make money everyday, but it's not like that.
It is not about the budget, it is about how you "budget" it.
I never invest anything more than %5 all at once. This means, assuming I have 1000$ to invest, nothing gets more than 50$ at once.
I invest in different stuff of course, like 10-12 different coins/tokens. Which comes down to around 500-600$ total. This was long ago and I haven't entered anything new recently so I can't say I bought a coin for the first time for a while now.
Then, if the price goes down, I wait. If it goes down more than %20, I buy as much. So if I invested 50$ then I get another 50$. If it goes down by %35 or so from my first purchase price, I invest another 50$, and if it reaches %50 then I do another 50$.
This way, I do not have to have new money. Although I save some every single month, which allows me to invest even more, I could even keep going with my initial investment.
So it is not about having a big amount in order to keep investing, it is about investing in a smart way and being ready.
I keep seeing a lot of people who are fearing the price right now, many people who are getting out, and plenty that thinks it will crash even harder.
Why does everyone think the same? I mean it shouldn't be like this right? I have been long enough to hear "buy low, sell high" a million times so far, and it has always been said when the market is low, but for some reason, people still do not feel hopeful when the price is low.
I am not going to make your investments for you, it is not my decision to sell or buy for you, if you want to get out right now and feel scared then you should do that, it is your money and only you can decide that.
However, if tomorrow the price starts to go up, and if the price reaches 70k in 2022, then you should remind yourself this day when the price was under 40k, and you felt fear instead of hope. Because prices always go down before it starts to go up. I can't promise that it will right away, but I am not selling, in fact, I am buying more. Focus on what can happen, and not what has happened, that way you can have some hope for the future.
As per the on chain and fundamental analysis, its quite obvious that bitcoin will reach 70K again this year and make a new all time high. But before doing so, the market wants to create so much panic that the weak hand investors sell off his investments.
If anyone is in panic and don't open a new position in the market that ok but if anyone already have position in the market and they sell because of panic, then it would be their biggest mistake.
The most important thing to learn from the market is strategy.i m directly to say you buy in dip sell in high but how I will show you for example if market dump 10% the buy again 10% then buy even dip to 50% we should buy.whenever bought coins give you 5% profit sell it and be happy.
If you have decent budget, you can do that until you run out of funds. But if you're having a problem to have that continuous funds to buy every dip. You need to at least make sure that you're going to buy at the lowest that you can possible ever see. Your decision matters since your funds are limited and everyone is dealing with the same obstacle of having a limited fund.
That's why even if we want to tell them to keep buying during the dip, what if they've already ran out of it because they've bought to the first dips?
be the primary thing you do have in mind and since we are just humans then we do really think off if its the right time or not.We do have questions in mind whether its the right time
or the price might really be shooting down even more which we dont like to happen thats why we do miss out most of the time those good chances to make good entry.
The most important thing to learn from the market is strategy.i m directly to say you buy in dip sell in high but how I will show you for example if market dump 10% the buy again 10% then buy even dip to 50% we should buy.whenever bought coins give you 5% profit sell it and be happy.
If you have decent budget, you can do that until you run out of funds. But if you're having a problem to have that continuous funds to buy every dip. You need to at least make sure that you're going to buy at the lowest that you can possible ever see. Your decision matters since your funds are limited and everyone is dealing with the same obstacle of having a limited fund.
That's why even if we want to tell them to keep buying during the dip, what if they've already ran out of it because they've bought to the first dips?
Sometimes, crypto investors feel to be more fearful and more panic when price decline starts to be visible in the market. Its like they want to create more profits but are afraid to take actions believing that they will still bound to lose. But if they only believe in buy low and sell high which is very basic in crypto, then they will never make frequent losses and has bigger chances to multiple their profits when the market turns bullish again.
The main problem is that no one knows exactly where the bottom is and where these highs are. It is for this reason that a lot of people after buying see after a while that the price has decreased and they have an unfixed loss. It is good if such a purchase was made on the spot market, since a margin purchase in this case can lead to liquidation.
Good to see that so many people replied so quickly.
I can understand the feeling of down when you see something like this. After all, we can't expect everyone to be happy about a price drop, specially not one with %50+ drop. However, feeling sorry for yourself can't bring the price higher. I would rather see bitcoin NEVER having a down day, forever going up %0.5 per day, or even %0.1 per day, and that is it, never dropping in price and always going up in a stable form, could be higher but never lower.
That will not happen, will it? We will have down days and even down months. I have been here long enough to remember 2014, and I made a lot of profit during 2018 as well, not directly in 2018 but thanks to what I did during 2018.
All I can say is that, if you feel like prices will fall down, then go ahead and leave, there is nothing we can do for you, you are convinced that bitcoin will be dead. But if you do not feel that way, if you think that in the distant future prices will go up? Then what are you waiting for? This is the best time to buy as many as possible to make as much profit as you possibly could before the prices skyrocket again.
The market has fall deeper so this is a good opportunity to start buying at a low price not just for popular altcoins, but definitely more on bitcoin as its always the first to make a price surge. While others see this as a good opportunity to enter the market, others are also feeling fear and panic because they are fool enough that this is the end of crypto and losses are coming their way. When in fact, they will only lose if they start selling at a low price.
they will only lose when they sell their assets cheaply. it's only done by people who panic and have no strategy. for experienced traders, of course the opportunity when the market is crashing like it is today. Deciding to buy an altcoin that has a good future certainly requires research, so that price recovery is faster and buy bitcoin as a support for other altcoins.who can take advantage of the current situation will certainly get more benefits.
The most important thing to learn from the market is strategy.i m directly to say you buy in dip sell in high but how I will show you for example if market dump 10% the buy again 10% then buy even dip to 50% we should buy.whenever bought coins give you 5% profit sell it and be happy.
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