Buy more so you can sell some - page 11.

Lordhermes

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Quote from: pawanjain on December 16, 2021, 11:58:36 AM

The thing is that investing has become more of a necessity than a way to grow rich. People are becoming more aware these days.
They are starting to realize that investing is the way to secure their funds from the everlasting increasing inflation (no Japan we are not talking about you).
Banks offer interest rates which hardly beats the inflation rate while investing not only beats inflation but can also get us good profits if done right.
Buying through out the dips is probably the best way to go as for now. DCA is the key to accumulation.

Yes,I agree totally with this point.We invest mostly to secure our future and to make a better life for tomorrow.
Most times we buy coins to invest only and forget the fact that we can actually sell some when the prices rises.We can make money from the both and this will really be of help to boost our finance.

barbara44

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Quote from: Zilon on December 09, 2021, 06:56:37 AM

Holding is only for those you can afford to take risks for the rainy day and as long as the earth remains challanges are part of human experience and as such so much would tempt one sell some coin. But there is always a short break for every human figure represented on earth where you have little or no need for money but it keeps coming in and that's the best time to invest other than save.

Saving has been the traditional way of planning for the future where people bank their funds in commercial banking sector waiting for when the need to take back from the bank arises even when we had centralized stocks where people could invest in many still thought it was wiser to deal directly with banks other than investing.

Honestly, I find it funny when people say that they are going to be holding an asset for a lifetime. Well it’s not bad, everything is all about choice. If you decide that it’s going to be better for you to be holding an asset for a lifetime without taking any profit at all, then it’s your business. But, I’m not going to do the same thing, because I have other things that I’m into.

I am not investing to just hold for a lifetime, I am investing to make profit and also invest that profit in other areas of my life. That is what investment is all about, you are investing to make money or profit, so that you can be able to handle other things as well and be able to grow financially. You are not just going to get stuck in one thing. You have got to expand yourself to other areas as well. That is just what I feel, I don’t need to be holding an asset forever, it doesn’t really make any sense to me.

pawanjain

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Nothing lasts forever

The thing is that investing has become more of a necessity than a way to grow rich. People are becoming more aware these days.
They are starting to realize that investing is the way to secure their funds from the everlasting increasing inflation (no Japan we are not talking about you).
Banks offer interest rates which hardly beats the inflation rate while investing not only beats inflation but can also get us good profits if done right.
Buying through out the dips is probably the best way to go as for now. DCA is the key to accumulation.

Xampeuu

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Quote from: AakZaki on December 16, 2021, 06:28:00 AM

Saving and investing at the same time is the right way. Savings that are converted into investments will have many advantages. You will have some good portfolios if you have a trusted type of investment with fast returns.
Investing in crypto has a fast return, staking or farming and trading are ways that can be done in crypto.
every investment has its own risk and it can be overcome if we understand what we are doing

saving is only limited to what is needed to meet needs, while the rest we can use to invest. in crypto investment of course we can choose products in search of profit. for me investing and trading is more interesting. both have decisions that are in our hands, so we have to improve ourselves to be able to control emotions, especially in terms of trading

AakZaki

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Saving and investing at the same time is the right way. Savings that are converted into investments will have many advantages. You will have some good portfolios if you have a trusted type of investment with fast returns.
Investing in crypto has a fast return, staking or farming and trading are ways that can be done in crypto.
every investment has its own risk and it can be overcome if we understand what we are doing

Pasa32

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It is correct that trading is more profitable than holding but Holding is safe and in trading, there is a high risk of losing if you can't understand market sentiment correctly. Check BTC price it was just 10K a year ago and now it is 49K, 4.9x in a year is a big gain. Similarly, Ethereum was only 600 and now it is 4K, approximately 7x. So Holding has also high benefit.

Kasabus

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Quote from: michellee on December 16, 2021, 03:31:19 AM

Quote from: Zanab247 on December 15, 2021, 05:23:56 PM

Is good to buy more of bitcoin so that you can sell some to have money to celebrate Christmas and new year because there are some coin that will not pump till next year 2022. I bought more of bitcoin and few altcoin because there is a big hope that bitcoin price will still hit $70k before the end of this year 2021.
Those altcoins that is dumping gradually in the market will have a lot to deliver to investors that buy more of those coins and hold for future purpose. Solana and Dogecoin will pump massively from next year 2022 for their customers to recover from what they have loss in this season.

Yes, that is good but how if the market is still like this moment and does not increase in the Christmas or end year because there are still unpredictable to us to expect the price can increase at that time. But we still have a chance to hold bitcoin until the next year because bitcoin can increase higher in the next year so your waiting time will not be useless. All of the coins will rise at the right time and we already see the chance to buy back more coins, including buying bitcoin and many altcoins from now on. So when you can have more patients holding your coins, you will make a big profit in the future.

Well, those who are more patient in times like this are more likely the ones who will be rewarded with profits in the end. So its actually the best thing to do for now, to buy more while there is correction and hold them until the target selling price is achieved.

However, in times when the market is in red and there's no such sources of income, i think it will be better to find a stable job that will always give us a fixed amount of income no matter what the season. Or better yet engage in real life business that you think will create more demand from the people so you can maximize your profits.

michellee

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Quote from: Zanab247 on December 15, 2021, 05:23:56 PM

Is good to buy more of bitcoin so that you can sell some to have money to celebrate Christmas and new year because there are some coin that will not pump till next year 2022. I bought more of bitcoin and few altcoin because there is a big hope that bitcoin price will still hit $70k before the end of this year 2021.
Those altcoins that is dumping gradually in the market will have a lot to deliver to investors that buy more of those coins and hold for future purpose. Solana and Dogecoin will pump massively from next year 2022 for their customers to recover from what they have loss in this season.

Yes, that is good but how if the market is still like this moment and does not increase in the Christmas or end year because there are still unpredictable to us to expect the price can increase at that time. But we still have a chance to hold bitcoin until the next year because bitcoin can increase higher in the next year so your waiting time will not be useless. All of the coins will rise at the right time and we already see the chance to buy back more coins, including buying bitcoin and many altcoins from now on. So when you can have more patients holding your coins, you will make a big profit in the future.

LastKiss

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Quote from: dataispower on December 16, 2021, 02:08:53 AM

Quote from: ?? on ??

Savings currencies are very risky in the crypto market. It takes a lot of time and knowledge and skills to choose reliable projects, and more funds are needed to continuously buy more currencies. But when market prices continue to fall, you will face economic losses.

If saving currencies is risk in cryptocurrency market, if it is risk in cryptocurrency market why is encourageable to invest for long term, from what i notice so far it is only saving a coin that can allow surplus profit in cryptocurrency because of the values regulations, saving coin should be base to the project, making money from cryptocurrency is from the increment of the coin

It's better to save cryptocurrency when you buy it at low prices and wait for one or two years for profit gains. Also you can try staking tho if you want to keep your cryptocurrencies for long term, more profit why not right Wink

. Right now with this crypto market situation you will be panic and feel not at ease because many cryptocurrencies at bear market now, if you patient and not panic for this situation in two years from now you will smile like this situation never happened before.

dataispower

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Quote from: ?? on ??

Savings currencies are very risky in the crypto market. It takes a lot of time and knowledge and skills to choose reliable projects, and more funds are needed to continuously buy more currencies. But when market prices continue to fall, you will face economic losses.

If saving currencies is risk in cryptocurrency market, if it is risk in cryptocurrency market why is encourageable to invest for long term, from what i notice so far it is only saving a coin that can allow surplus profit in cryptocurrency because of the values regulations, saving coin should be base to the project, making money from cryptocurrency is from the increment of the coin

danherbias07

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The temptation will always be there. Either you have the courage to keep on holding or you give in and just sell it all the way. That's why a plan has an important role to avoid confusing what investing and trading are. If nothing is written with a plan then all goes into chaos and you might even sell what is not supposed to be sold ending in regrets.
I've seen it, I experienced it. Now all I can do is learn from it because you cannot keep on just regretting what you did in the past. Move on, learn from the mistakes. It's part of growing in the crypto industry.

doomloop

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Quote from: Strongkored on December 15, 2021, 02:39:35 AM

Saving will only make the amount of our money increase but its value is very likely to decrease due to inflation, while investment is a way to make assets increase because their value increases from time to time. Risk in investment can't denied but it's the best way if you want to increase the assets.
In crypto we need to invest in right coin so we can earn profit to buy more and sell if the coin can't give good return.

Saving while investing is still a possibility. For example I have been doing that for many years, some months I have life troubles, specially this past 4 months or so have been very very hard, since the start of October became even worse, so I couldn't do it.

However, normally what I do is put up 50 bucks aside each month and put that into crypto, I know it is not a lot of money for many people but I live in a poor nation and 50 bucks is only thing I can afford to do. That doesn't mean that I do not invest, I invest that saved money, but in order to have something to invest, I first need to save money.

I grew my crypto portfolio nearly 20x this way, of course the super increase in 2020 and 2021 was one of the main reasons why I grew it so much and not really my "talent" or something in investment. So, it is best to save AND invest at the same time.

Zanab247

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Is good to buy more of bitcoin so that you can sell some to have money to celebrate Christmas and new year because there are some coin that will not pump till next year 2022. I bought more of bitcoin and few altcoin because there is a big hope that bitcoin price will still hit $70k before the end of this year 2021.
Those altcoins that is dumping gradually in the market will have a lot to deliver to investors that buy more of those coins and hold for future purpose. Solana and Dogecoin will pump massively from next year 2022 for their customers to recover from what they have loss in this season.

checkmatesir

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I splits my portfolio into two parts.
One parts for long-term and i am holding for at least 2 years and i hope these tokens will give me some good profit so I will be able to withdraw big amount.
One part for day trading and trying to make small profit. Both works for me very good.

Hobo66

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In my opinion i just think that holding is essential and beneficial for those who are new in crypto because holding can overcome risk of dropping of cash. Actually trading is little bit risky if you buy more and the market suddenly become dump then it will be hard for you to recover that sum of money back. so its good for you to invest that sum of money which you can easily recover after the markert become dump.

breathlessz

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Quote from: Strongkored on December 15, 2021, 02:39:35 AM

Quote from: Zilon on December 09, 2021, 06:56:37 AM

To tackle the present state of economic challenge investing is more.preferred to saving even though it's more risky but a diversied portfolio is more secured than mere saving

Saving will only make the amount of our money increase but its value is very likely to decrease due to inflation, while investment is a way to make assets increase because their value increases from time to time. Risk in investment can't denied but it's the best way if you want to increase the assets.
In crypto we need to invest in right coin so we can earn profit to buy more and sell if the coin can't give good return.

it is more profitable to invest, because the increase exceeds the inflation that occurs. but by investing we must also contain risks, therefore we must first learn about what we are going to invest, so that we know the risks and rewards that will be received. just like cryptocurrencies that have high risk but high returns, and there is a lot to learn before deciding to invest

Strongkored

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Quote from: Zilon on December 09, 2021, 06:56:37 AM

To tackle the present state of economic challenge investing is more.preferred to saving even though it's more risky but a diversied portfolio is more secured than mere saving

Saving will only make the amount of our money increase but its value is very likely to decrease due to inflation, while investment is a way to make assets increase because their value increases from time to time. Risk in investment can't denied but it's the best way if you want to increase the assets.
In crypto we need to invest in right coin so we can earn profit to buy more and sell if the coin can't give good return.

milewilda

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Quote from: ?? on ??

Savings currencies are very risky in the crypto market. It takes a lot of time and knowledge and skills to choose reliable projects, and more funds are needed to continuously buy more currencies. But when market prices continue to fall, you will face economic losses.

This is why only invest on the amount that you can afford to lose and never ever expect or anticipate that much that you could get some assurance on being profitability on this market.Yes, its true that there are lots of projects in the market as of today on which you would really be having a hard time
on chosing the best projects you could deal with and this isnt something that you could handle it well on this market.
So you should be wise on taking such step.

so98nn

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I kinda started saving more after COVID outbreak and this was really important for me to understand how much it can help us. I mean before that there were unwanted expenses which I understood only after the lockdown happened. The cost of living is surely spiked not because of any sort of inflation but because of the way Health care outburst occurred, how we need to be way careful about everyday chores not getting intacter and stuff!! Everything needs to be hygienic one whether it’s food or whether it’s touching god dam surface in public.

So yeah I know I’m gonna need money to cover those expenses and unexpected expenses too. With the time crypto will boost this and I know it because of bitcoin and eth which helped me get some boosters this year.

This at the end gonna be bigger support than just earning the salary! So yeah diversify guys!

Yamifoud

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if we just save our money, we never expect it will grow. But if we invest and take the risk, there is something we could result from either it was losses or profit. Well, that's matters how you do with your money and also your investment. Because for me, I keep doing investments as long as I still have the money left. I'm not afraid to take risks and to lose my money, but I'm going to be afraid of it when I don't have any of these things.
Buy More, Invest More...what you gonna expect later is absolutely a "Profit". That is why, if we have enough capital, better to use it wisely.

Topic: Buy more so you can sell some - page 11. (Read 1940 times)