Buy low, Sell high? - page 8. | Bitcointalksearch.org

yohananaomi

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Quote from: panukurap on January 31, 2022, 09:01:47 AM

It's true that it can be done, but the challenge here is that the market is volatile and difficult to predict, so we don't know what the lowest and highest points of the market will touch. Moreover, determining the right time to buy and sell coins is not an easy thing. It takes a lot of consideration but must be done quickly and precisely so that we are not left behind in the market. In addition, what is no less important is the way we control our emotions well when dealing with the market.

Indeed, I agree with you, that determining the right price when buying and selling is certainly not easy, because we know prices change quickly and cannot be predicted at all. only rely on the situation of self-confidence to be able to determine when to take the action.

The right time to determine is also not easy because it is a little late, there will be changes that will actually make you confused and can misanalyze properly.
Patience is indeed needed and the experience of execution is also continuously improved in order to better determine the right time.

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Quote from: ven7net on February 02, 2022, 02:08:53 PM

Quote from: Captain Corporate on January 21, 2022, 11:44:29 AM

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.

Of course, you are saying the right things, but not everyone can be an excellent investor or trader. Some people in the crypto market just want to make quick money, and when they see a fall in prices for cryptocurrencies, they just sell them, because they are afraid of losing all their funds, and they are also afraid to buy cryptocurrencies at a price drawdown, because they believe that this is a hoax and the price will go down. lower. The crypto market needs people like you who know what they want and who knows how to wait or take risks in order to succeed. Therefore, the right decision is always the decision that everyone makes for himself, and does not follow the information or opinions of others. I think that everyone should always decide for himself what and how to do, because then you won’t have to look for someone to blame if something goes wrong.

Its not their responsibility when you do lost money thats why its never been ideal to rely on it whenever you do make out some investment decisions.When you dont have sufficient experience then it would normally

that you would really commit out mistakes but once you do gain experience and then realization would be always comes next and this is where you do make out adjustments.

It is just normal that you would freak out whenever the market would really make out some dumps which is no exemption but it could really be handled out.

ven7net

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Quote from: Captain Corporate on January 21, 2022, 11:44:29 AM

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.

Of course, you are saying the right things, but not everyone can be an excellent investor or trader. Some people in the crypto market just want to make quick money, and when they see a fall in prices for cryptocurrencies, they just sell them, because they are afraid of losing all their funds, and they are also afraid to buy cryptocurrencies at a price drawdown, because they believe that this is a hoax and the price will go down. lower. The crypto market needs people like you who know what they want and who knows how to wait or take risks in order to succeed. Therefore, the right decision is always the decision that everyone makes for himself, and does not follow the information or opinions of others. I think that everyone should always decide for himself what and how to do, because then you won’t have to look for someone to blame if something goes wrong.

rby

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This scenario is rather ideal, but it works if you trade carefully and pay attention to learning and gaining experience.

The market is very confusing now. The market is low but people are still afraid that it will go more down. The decision at this time will be so personal. But for me this is buy period for all coins

toast

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Quote from: Frengki_cisco on February 01, 2022, 11:18:13 PM

Quote from: Captain Corporate on January 21, 2022, 11:44:29 AM

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.

The average person has such thoughts, indeed the situation of the crypto market this year 2022, is a little different from previous years, It's hard to guess, what's more, crypto now has thousands of types, investors only target certain cryptos, besides Bitcoin.

For me right now is not a good time to buy, maybe something lower could happen.

Not that sure based from the Bitcoins price it bounced back from the last support and bounce back but yes we are not that sure with the volatile market we have anything can happen but right now the price shows a positive thing for bouncing back I'm sure the altcoins will soon to follow and recover it's just a cycle. If you buy and it goes dip you have the option to hold it but be patient.

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Quote from: Captain Corporate on January 21, 2022, 11:44:29 AM

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.

The average person has such thoughts, indeed the situation of the crypto market this year 2022, is a little different from previous years, It's hard to guess, what's more, crypto now has thousands of types, investors only target certain cryptos, besides Bitcoin.

For me right now is not a good time to buy, maybe something lower could happen.

jhonjhon

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Quote from: lenovop-70 on January 31, 2022, 11:37:06 AM

Yep, prices always go down before they go up, I like what the OP said above, and that's the truth. This is our chance to buy their fear to take profit from what they loose when they are afraid of falling prices. For those of us who are experienced, this is the expected downward cycle where we can buy at a cheap price, no need to be afraid it will not rise again, because it has not been proven in the past year, stay optimistic guys!

"Buy low,sell high" which means that when the price drop and reaches the bottom you should buy. When the price goes up sell it and make more money.

And I think this is very convenient and a great opportunity for some of us to buy even more (btc) at a cheap price.

However, some people doesnt used this strategy "buy low,sell high" because they are afraid to take some risk,thinking that they might be going to lose their money or they will not get their money back.

In my own opinion,it is okay to used this strategy but always remember the golden investment rule, "Never invest more than what you can afford to lose"

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Quote from: lenovop-70 on January 31, 2022, 11:37:06 AM

Yep, prices always go down before they go up, I like what the OP said above, and that's the truth. This is our chance to buy their fear to take profit from what they loose when they are afraid of falling prices. For those of us who are experienced, this is the expected downward cycle where we can buy at a cheap price, no need to be afraid it will not rise again, because it has not been proven in the past year, stay optimistic guys!

But some people fear to buy when market dump and they looks worried will crash again and try to cut loss, I think need good mentality and experience on cryptocurrency investment, many people still weakness mentality when getting bitcoin dump. Maybe when you have many knowledge and know with hoe many time bitcoin ever dump not make you afraid with market price dump or pump, keep consistent take investing with bitcoin or altcoin.

When it comes to buying in red days, most people are afraid they will lose their money because they do not have enough knowledge. It is similar to shopping in that most people will buy if the malls are offering discounts such as 20% off, but is anyone concerned that the price will fall even further? No, because the item's price is already low, it has a 20 percent discount applied to it. It is now similar to bitcoin, where you will notice that the price is currently on sale, and we are confident that it will be back sooner and at a higher price; we do not know when this will occur, but we are confident that it will.

stepwilli

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That’s just their choice and it never bothers me at all. Basically, haven’t we said this a lot of times in this forum enough for whoever wants to learn? So, repeating over and over again wouldn’t do anything at all in making people to start HODL’ing, they would still do the same thing that they are doing which is to shiver whenever the market is going down. So, let’s them do whatever and however it pleases them.

Although I do understand it might good to say it to remind some people who would listen and take the advice not to sell or fear at times like this. Now is the perfect time to start a serious investment that you would hold long term

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Quote from: ?? on ??

Quote from: lenovop-70 on January 31, 2022, 11:37:06 AM

Yep, prices always go down before they go up, I like what the OP said above, and that's the truth. This is our chance to buy their fear to take profit from what they loose when they are afraid of falling prices. For those of us who are experienced, this is the expected downward cycle where we can buy at a cheap price, no need to be afraid it will not rise again, because it has not been proven in the past year, stay optimistic guys!

But some people fear to buy when market dump and they looks worried will crash again and try to cut loss, I think need good mentality and experience on cryptocurrency investment, many people still weakness mentality when getting bitcoin dump. Maybe when you have many knowledge and know with hoe many time bitcoin ever dump not make you afraid with market price dump or pump, keep consistent take investing with bitcoin or altcoin.

This is where people do missed out on these opportunities on buying out whenever there's a market dump or huge correction which we should really be considering on taking such step rather than on freaking out.

Its not that really something new because we are just humans who do normally make out reactions since we know that we dont like to lose money which it is really common but to those who do

take risks are the ones who do have chance on making money or profits because you wouldnt gain something if you wont make out some actions.

Captain Corporate

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Quote from: lenovop-70 on January 31, 2022, 11:37:06 AM

Yep, prices always go down before they go up, I like what the OP said above, and that's the truth. This is our chance to buy their fear to take profit from what they loose when they are afraid of falling prices. For those of us who are experienced, this is the expected downward cycle where we can buy at a cheap price, no need to be afraid it will not rise again, because it has not been proven in the past year, stay optimistic guys!

The sad part is that people know this. This statement is not something we are hearing for the first time, I am not the person who came up with this sentence. We have heard "buy low, sell high" a million times before but for some reason people don't do it. Why? I do not know. It is certainly something that is dangerously risky for all of us to ignore such a statement. Many people sold their coins, that is exactly how we dropped in price, you do not drop in the price without people selling. This means that in order for it to be low, there need to be people selling in the first place. Those are the same people who both cause the price to fall but also will be the people who will lose out on making insane returns if they do not get back in.

lenovop-70

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Yep, prices always go down before they go up, I like what the OP said above, and that's the truth. This is our chance to buy their fear to take profit from what they loose when they are afraid of falling prices. For those of us who are experienced, this is the expected downward cycle where we can buy at a cheap price, no need to be afraid it will not rise again, because it has not been proven in the past year, stay optimistic guys!

pressing207

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Sleepless nights. Scary realistic dreams with graphs. And often - later a psychiatric hospital. Suicides and flights from the windows of high-rise buildings. ... Destroyed families. Convincing?

panukurap

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It's true that it can be done, but the challenge here is that the market is volatile and difficult to predict, so we don't know what the lowest and highest points of the market will touch. Moreover, determining the right time to buy and sell coins is not an easy thing. It takes a lot of consideration but must be done quickly and precisely so that we are not left behind in the market. In addition, what is no less important is the way we control our emotions well when dealing with the market.

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Quote from: goinmerry on January 29, 2022, 05:42:56 PM

It's good to see they are struggling at some point so that they will realized that investing crypto is not that simple. Many thinks that crypto is easy money during the bull trend. Seeing their assets now decreasing the value, they will end up frustrated and will do something to cover their loss.

Everything that happens is all part of experience. Some people will get to experience it for the first time and they will learn from it and better their strategy. And there will also be those who would experience it for the first time and they will run off from the market because they are scared. That’s just it, you gain the experience and whatever you choose to do with it is all your choice, you’re either going to improve on what you’re doing with the experience you have got or you’re just going to give up and lose.

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Quote from: Marykeller on January 29, 2022, 06:51:33 PM

Crypto is a long time investment. You can buy at a high or low price today, it all depends on you. The crypto market is very volatile in nature, hoping for the price of bitcoin to go below $30k price before investing makes no sense cos bitcoin will always go beyond such a price and you will still have your profits whether buying high or low. Crypto investment should be invested when you have the cash to spare

People does have different mindset which some would go for long term and wouldnt mind off on how much or the price that they had bought in and to those people
who are really minding about price differences on short term manner because they do much prefer on seeing profits in shorter term thats why they do really end up
on this option but for those people who do love on long term then they would tend to accumulate as much as they could.

Marykeller

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Crypto is a long time investment. You can buy at a high or low price today, it all depends on you. The crypto market is very volatile in nature, hoping for the price of bitcoin to go below $30k price before investing makes no sense cos bitcoin will always go beyond such a price and you will still have your profits whether buying high or low. Crypto investment should be invested when you have the cash to spare

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Quote from: kapalmabur on January 27, 2022, 06:00:20 PM

I think it's too much to think that the market won't recover because after all this is normal in crypto,
it doesn't hurt to also buy coins at the current market conditions and that's good,
the most important thing before buying at least we do our own research

That's what others don't understand, they think it's the end of the road now because everything is read. Instead of doing stuffs like buying to increase their holdings, they are hesitant that it will be a bear all year long.

If they able to buy at high price, why not in bear trend? I don't understand them.

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I always am noticed about this advice, buying at low and selling at high. And I always want to practice this But in fact this is not as easy as I think. Because sometimes, every time that I bought some coins, the price keeps going down. Fortunately I can hold them until the price comes back. But how if the people are doing it for short-term trading? How is the right way to know exactly when the right time to buy at that time? In what time frame we must analyze?
This may not be easy because we need more practice and learning to understand when and why.
That is why I personally will not think that the crypto industry is something easy because it is complex and difficult enough.

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Quote from: topbitcoin on January 29, 2022, 09:24:16 AM

Quote from: Sled on January 28, 2022, 06:15:32 PM

Quote from: topbitcoin on January 28, 2022, 02:12:46 PM

It is human nature, of course when market crashing people afraid because actually they don't know where price will stop to dumped. But it is funny, i think only happened in my circle too. When price pumped, some people in my group said that they are late, or maybe they should buy some more before pump happen, but when it is dumped, they said that it is time to take a rest from market which actually they could buy some in that moment.

Until now, people's mindsets haven't changed yet. Perhaps, they are talking that history repeats itself but unfortunately, they still living in doubt and they remain like that forever, I think. Well, they have lost the opportunity. And for us risk-takers, this gonna be our chance. We know that the market will soon pump, buying now is a way to anticipate the next uptrend and wait for the rewards after but of course, we don't have to expect much.

To be honest, i am one of it. Still not joined market when price dumped but FOMO when price already bounced back. That is why in trading, not only theory which can help like "buy low sell high" but control our emotion, so we are not panic and can do trading clearly, i mean in mind.

Sometimes some people ignore it but in reality controlling emotions is not as easy as imagined,
In addition, it is also important to do your own research before deciding to buy,
we must really be able to think clearly and not easily get carried away

Topic: Buy low, Sell high? - page 8. (Read 1783 times)