Buy more so you can sell some - page 12.

jostorres

hero member

Activity: 2534

Merit: 586

Quote from: Zilon on December 09, 2021, 05:56:37 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.

Ever since I came to discover what investment is all about, I don’t go a day without investment as long as I have the money. I am always doing my research and looking for very good assets in the market that I can buy for myself. Savings are good, but not every good as investments, although it can be safe when you’re just saving your money since there are no risks of losing it, it just stays cool in the bank until you’re ready to withdraw it.

But, the bad side of it is the inflation that slowly crawls up and silently eats up your money; it makes your savings to become worthless, since things are going to become costly overtime and your savings wouldn’t be halfway to saving you at all. That’s why investment is very important, we must be ready to take that risk.

airdata

hero member

Activity: 1148

Merit: 501

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.

Just we can't expect profit from crypto if someone buy good coin then he can earn good return from his investment, and for reliable coin must need crypto skills. If suddenly market is fall then it Will recover if investor invest on good coin.

GreatArkansas

legendary

Activity: 2338

Merit: 1354

Quote from: justdimin on December 12, 2021, 04:39:23 PM

Quote from: sirminesalot on December 11, 2021, 11:01:21 PM

(.....)

Interestingly, people consider USDT and BUSD and multiple other stablecoins as "crypto currency" for some reason, I do not think that they are crypto at all, they are a different breed and heavily centralized as well. The only exception for stability is those if you consider them as crypto currencies. In the long run we are talking about something like bitcoin then there is no stability at all.
(....)

Yeah, you have a point since mostly they are not decentralized but the way they are made and working is can be recognized as cryptocurrency like first, a digital currency, using cryptography on the transactions, or how it is working.

But overall these stablecoins are pegged with particular currency, like for USDT/BUSD/USDC/etc are pegged by US Dollar to 1:1. Which are we gonna believe it is true as what entities are telling.
There are a lot of issues before about USDT that it is not 100% backed with USD, I am not sure as some people consider it also a FUD.

justdimin

hero member

Activity: 3164

Merit: 675

www.Crypto.Games: Multiple coins, multiple games

Quote from: sirminesalot on December 11, 2021, 11:01:21 PM

I don't think any crypto investment could have a stable income since the price of the coins that we hold changing everytime, sometimes it's better to hold fiat and sometimes it's much better to hold cryptos.
Experts trader know where to save fiat before the market crash and know when to re enter when the market going to bullish.
But as an investors, holding for living is a motto that we are not aim for stable profits but big profits in the future.

Interestingly, people consider USDT and BUSD and multiple other stablecoins as "crypto currency" for some reason, I do not think that they are crypto at all, they are a different breed and heavily centralized as well. The only exception for stability is those if you consider them as crypto currencies. In the long run we are talking about something like bitcoin then there is no stability at all.

I wouldn't consider myself an expert but even I know that I do not invest with every single fiat I have, I save some aside in stablecoins and use some of that money whenever price drops a lot, that way I make investment because if I go all-in then I would be losing a lot of profit whenever the price drops and I have to just wait it to go back. With some fiat saved aside, that means I could buy when it is lower and then go back to profit a lot quicker.

ancafe

hero member

Activity: 1778

Merit: 746

well, even when we people save in banks, they sometimes take advantage of bank interest so that their assets can continue to grow. however, nowadays people are looking for a save system but it keeps growing.
Currently, the thing that is most concerned about is investment, especially the crypto world. some people do buy in bulk, and expect the price to be very high. it often works in the crypto world, even if you look at the case before the pandemic, a lot of people have already accumulated their coins, and are now starting to sell bits and pieces of their assets to make ends meet. however, the assets on hold had gone up by hundreds or even thousands of percent before they sold some.
what I want to say is, right now is the time for us to have a lot of assets, and in the future, we can sell them little by little while collecting if the opportunity arises. however it can make us survive in some conditions like this pandemic.

Cling18

full member

Activity: 1708

Merit: 126

Yes, buying and investing more could guarantee us a bigger profit but that doesn't mean that it's better than saving because, to be honest, securing our funds through saving is still a smart decision. Our profit from our investment also depends on the coin of your choice because there are also unsuccessful coins that could only result in losses in the end. Smart investment and wise saving could both give us financial stability if we'll only know how to handle our funds properly.

Wawa2013

sr. member

Activity: 1666

Merit: 268

Quote from: sirminesalot on December 11, 2021, 11:01:21 PM

Quote from: emmnazady on December 11, 2021, 09:18:12 PM

For stable income its very necessary to choose top coins for long or atleast middle term. these coins give us more profit then saving.
Trader should use some trading strategy to make profit in trading otherwise it can also give loss or low profit.
If trader buy coins with every 20% dip and with every bullish season withdraw 10% ,one can make good profit than saving cash in bank.

I don't think any crypto investment could have a stable income since the price of the coins that we hold changing everytime, sometimes it's better to hold fiat and sometimes it's much better to hold cryptos.
Experts trader know where to save fiat before the market crash and know when to re enter when the market going to bullish.
But as an investors, holding for living is a motto that we are not aim for stable profits but big profits in the future.

It is true that it is impossible to get stable profits from cryptocurrencies, because after all, crypto prices are very volatile. That is why crypto trading is
not always profitable, sometimes we will experience losses too, because it is not easy to predict crypto movements. We do have to have good analytical skills, and don't forget to practice trading a lot. In order to make our opportunities to generate much greater profits. Before predicting the price of coins,
the first thing to do is choose coins for trading, because choosing the wrong coins will make us suffer losses.

palle11

sr. member

Activity: 2366

Merit: 332

Quote from: chanler on December 12, 2021, 04:52:28 AM

but we also have to stay alert lest we get caught in trash coins which will only make losses later..

Very important. To gather shit coins in your wallet amounts to occupying of space for other precious coins, so a waste of time and money. I have invested that way as a newbie and it stayed in my wallet for very longtime without appreciating but it was only going down and I decided to sell and now don't like just any without use case. Doing a good research is helpful.

chanler

member

Activity: 753

Merit: 15

mulierum.com

a good strategy but it must also be accompanied by choosing good coins because if we only buy coins with origin it can result in losses. buy one that has good prospects in the near future so we can take advantage of it. It's true that the more coins you buy, the greater the possibility of profit that can be obtained depending on the coins you choose. but we also have to stay alert lest we get caught in trash coins which will only make losses later..

sirminesalot

sr. member

Activity: 1148

Merit: 252

Quote from: emmnazady on December 11, 2021, 09:18:12 PM

For stable income its very necessary to choose top coins for long or atleast middle term. these coins give us more profit then saving.
Trader should use some trading strategy to make profit in trading otherwise it can also give loss or low profit.
If trader buy coins with every 20% dip and with every bullish season withdraw 10% ,one can make good profit than saving cash in bank.

I don't think any crypto investment could have a stable income since the price of the coins that we hold changing everytime, sometimes it's better to hold fiat and sometimes it's much better to hold cryptos.
Experts trader know where to save fiat before the market crash and know when to re enter when the market going to bullish.
But as an investors, holding for living is a motto that we are not aim for stable profits but big profits in the future.

VanityWallets2015

hero member

Activity: 1498

Merit: 506

In my own perspective, buying more when investing is not guaranteed to produce more profit. It can be applied on certain situations, and for certain coins and projects. For example, buying more top coin, or a coin that has potential, then selling it later on when the hype kicks in, but that’s just one of the many possible scenarios. Nevertheless, buying more can be beneficial especially if the move taken was analyzed prior and made at the best time according to market conditions.

emmnazady

sr. member

Activity: 284

Merit: 250

The Standard Protocol - Solving Inflation

For stable income its very necessary to choose top coins for long or atleast middle term. these coins give us more profit then saving.
Trader should use some trading strategy to make profit in trading otherwise it can also give loss or low profit.
If trader buy coins with every 20% dip and with every bullish season withdraw 10% ,one can make good profit than saving cash in bank.

bhooscream

full member

Activity: 728

Merit: 117

I will only implemet this way for top coin that has great use case. And maybe for coins that will have near big event or program later so that commonly the price will keep increasing. Such as listed in top exchanges, real live event and promotion, use case utility realized, hype from popular public figure and others. But once more, dyor for every token or coin you are going to hold. Because hokding also involves risks, high risks.

Fatunad

sr. member

Activity: 2226

Merit: 347

Quote from: skarais on December 11, 2021, 04:41:11 PM

Quote from: Kimonoe on December 11, 2021, 09:54:31 AM

Every investment certainly has risks, so we must be able to manage our finances properly. buying with free money will be better, and of course diversifying our assets will reduce risk.

I understand your point well and indeed there is no risk free investment especially when it comes to cryptocurrencies. There are plenty of other user experiences that can be great lessons to learn about how to make good investment even if you're not a professional. In addition, you are not advised to invest with borrowed money even though you are very sure of the benefit you will get because sometimes things don't go according to plan.

There are many investment strategies and you should have one of these strategies that works well for you. Buy and hold is one very popular example by far if it is bitcoin investing. Meanwhile if you invest in altcoin then you only need to sell them all when ATH is reached.

People would never ever learn until they do experience things like unfortunate ones.They wont able to realize it for themselves if they arent really that able to experience it
because most of the time people does have that wrong impression or beliefs when they had just started out into this market. This investment isnt something that you could
able to make profits in a short time or without doing such thing.All you do need is to risk take and be wise in regards with your decisions because
this isnt something that you could deal off with.

skarais

legendary

Activity: 2464

Merit: 2094

Quote from: Kimonoe on December 11, 2021, 09:54:31 AM

Every investment certainly has risks, so we must be able to manage our finances properly. buying with free money will be better, and of course diversifying our assets will reduce risk.

I understand your point well and indeed there is no risk free investment especially when it comes to cryptocurrencies. There are plenty of other user experiences that can be great lessons to learn about how to make good investment even if you're not a professional. In addition, you are not advised to invest with borrowed money even though you are very sure of the benefit you will get because sometimes things don't go according to plan.

There are many investment strategies and you should have one of these strategies that works well for you. Buy and hold is one very popular example by far if it is bitcoin investing. Meanwhile if you invest in altcoin then you only need to sell them all when ATH is reached.

Kimonoe

member

Activity: 700

Merit: 10

Quote from: Alisha FR on December 10, 2021, 12:55:00 PM

Yes, a diverse portfolio is better for those of us who invest. But invest a large amount depending on how much money you have, don't use all the money to invest. Make sure we have savings for emergency needs. Unexpected things will happen in our life, so we don't need to rush to withdraw crypto assets, especially when assets decline, this will lead to losses.

Every investment certainly has risks, so we must be able to manage our finances properly. buying with free money will be better, and of course diversifying our assets will reduce risk. when the price goes up, of course selling some becomes an option by placing several targets to strengthen our psychology

Alisha FR

full member

Activity: 868

Merit: 106

Yes, a diverse portfolio is better for those of us who invest. But invest a large amount depending on how much money you have, don't use all the money to invest. Make sure we have savings for emergency needs. Unexpected things will happen in our life, so we don't need to rush to withdraw crypto assets, especially when assets decline, this will lead to losses.

Rehan Zakir

member

Activity: 812

Merit: 53

Quote from: Johnyz on December 10, 2021, 12:19:26 PM

Buying is always a risky decision but its more worth it especially if you follow your analysis. The market continues to drop, so the big challenge here is to know your next move? You have the power to decide with your money, if you are confident enough to buy, then go for if buying and waiting for the pump is always a good one. Bitcoin might continue to fall, wait for that opportunity again.

I want to share my experience with you. I bought kickpad coin at price of 1.8$ with 180$ investment. And after some days its price dump and I again invest 20$ at 0.8$ price. It will dumping continuously then I again invest 50$ at price of 0.25$
My total investment is 250$ and now kickpad price is just 0.01$ it means my 250$ becomes 5$.

Johnyz

full member

Activity: 2086

Merit: 193

Buying is always a risky decision but its more worth it especially if you follow your analysis. The market continues to drop, so the big challenge here is to know your next move? You have the power to decide with your money, if you are confident enough to buy, then go for if buying and waiting for the pump is always a good one. Bitcoin might continue to fall, wait for that opportunity again.

Ararbermas

sr. member

Activity: 2016

Merit: 283

That's what it is mate crypto is a very risky investment, but there's always a way how to minimize it and of course to protect your money from any situation that can cause losses after all.. There's a bunch of ways actually and that's to learn how it really works and how to prevent scam projects as it is the common reason why investors nowadays keep losing money from crypto. So if you're new on that field better to obtain more information first .. And of course invest what amount you can afford to lose especially if its your first time because its not safe.. Just learn more because that's the only key to become profitable in crypto.

Topic: Buy more so you can sell some - page 12. (Read 2192 times)