Topic: Buy more so you can sell some - page 3. (Read 2236 times)
Yes, saving is one way to plan for the future well. but the money we save does not move and also carries no risk. however, right now the best way to save is to invest in crypto. many people invest in crypto so that they get financial freedom, they even take out loans to invest in crypto space. we have to put our savings to good use, to move and make us profit, by investing in crypto.
when the market goes up, it's good to take profits and even then take some of our assets. suppose we invest in bitcoin, when the price goes up 100% then we can take it 60% at this time. that way we have made a profit, and the rest is our long-term investment, because in the future the price will certainly rise higher, and what we don't know is when the price will experience a correction. after this happens, then we should diversify assets in other fields, or on stable coins while waiting for the deepest correction to come
This is a good technique to allow us to immediately get profit and RoI, especially the presence of stable coins so that we are no longer afraid to move assets when we have gotten a big profit. by buying a lot and then the price goes up, the best thing is to sell the coins that are worth what we bought and the rest we keep or if we see progress getting better then buy more.
but it is always accompanied by patience and not greedy in the actions to be taken. because sometimes the profits that are already in sight are released because of greed to produce more, but instead the opportunity for profit is lost and missed.I agree with my friend above, if you have already benefited so that some assets are transferred and stablecoins or potential coins are also very good for savings.
because when the price increases, we can immediately release it and some of it we hold on to with a bigger goal, or buy more potential coins to save.
Once I did something like this when the price is one of my targets so I sold it and hoped it back to a lower price so I can buy with the profit I got but in the end the price keeps increasing continue and make me decide the wrong decision. That's one of my experiences when I did the wrong decision and analysis, from there I learn something.
This is a good technique to allow us to immediately get profit and RoI, especially the presence of stable coins so that we are no longer afraid to move assets when we have gotten a big profit. by buying a lot and then the price goes up, the best thing is to sell the coins that are worth what we bought and the rest we keep or if we see progress getting better then buy more.
but it is always accompanied by patience and not greedy in the actions to be taken. because sometimes the profits that are already in sight are released because of greed to produce more, but instead the opportunity for profit is lost and missed.I agree with my friend above, if you have already benefited so that some assets are transferred and stablecoins or potential coins are also very good for savings.
because when the price increases, we can immediately release it and some of it we hold on to with a bigger goal, or buy more potential coins to save.
Good talk though. Investing comes with lot of risk and that I'd why its advisable to invest more than one can actually afford. Know this and know peace, and you won't have to panic even when what you bought is somehow going downtrend. Patience is the key.
There are some trends that sometimes go down and maybe most of the girls who are new are terrified and what I see here is normal. We need experience in a situation where there are professional traders who have been here for a long time. Coming up, of course, when they're faced with a situation like this, they don't panic, they just stay patient, that's why they gain a lot and they never lose. 
Only good when you are capable of holding for very very long period of time. There is cyclic pattern which can be followed while hodling for long time which can be set as per the market trends. For example, when we hodl we can check sell 40-50% portfolio depending on the nature of coin, project status and real value and hold until the market goes bearish. Once it is in bearish mode we can re-buy the portfolio at lower costs. Just keep repeating this until you end up having more coins using the same initial investment. This could easily make up grand break even point for long hodler.
Accumulation is suggestable but you should always mind off the risks because not all investments would really be ending up on being great or worth thats why considering other options would be recommended.Dont go all in nor able to accumulate on something in a single point because whenever things do really happen like a very long bearish momentum or trend then you would be having no choice but to hold your assets
for a long time because there's nothing you can do with it because you cant decide to sell it out unless if you do cut loss.
So its a matter of perspective on what actions you would gonna make basing into your own goals or targets.
Only good when you are capable of holding for very very long period of time. There is cyclic pattern which can be followed while hodling for long time which can be set as per the market trends. For example, when we hodl we can check sell 40-50% portfolio depending on the nature of coin, project status and real value and hold until the market goes bearish. Once it is in bearish mode we can re-buy the portfolio at lower costs. Just keep repeating this until you end up having more coins using the same initial investment. This could easily make up grand break even point for long hodler.
One of the examples of why investment is better than saving is the fact that savings may never earn you profits unless you put the money in a fixed account but Investment on the other hand earn interest as long as the commodity you invested in keep appreciating at price.
But you must also know the risk involved in investment especially if you invest in the wrong asset.
I don't know, but if we think about it, if we make a big investment in BTC, wouldn't we be saving a lot? A normal traditional bank generates how many interests in our favor? annually it does not even reach a measly 24%, if we invest in BTC that 24% can be done only in one movement, then is this not better than savings? Some will think that it is crazy to say that at the moment, because the market is in an almost bearish position, but it is normal to think that at any moment it will reach more than $70k, we could intuit that it could reach $100k.But you must also know the risk involved in investment especially if you invest in the wrong asset.
https://bitcointalk.org/index.php?topic=5378461.180
One of the coins that we could keep the most no matter what, and what's more, it could be the best we can do is BTC, in second place I would go for ETH just because it is considered the second best cryptocurrency, I would take this as a main convection, because in the event that all things go wrong in the world, ETH would be the currency with the highest survival rate, just like Monero, of course BTC is the only currency that would have a life of its own and this would give life to these currencies .
But for pure inspection I would just leave BTC alone for as long as it takes because I know BTC always hits new ATHs and is by nature a money multiplier.
One of the examples of why investment is better than saving is the fact that savings may never earn you profits unless you put the money in a fixed account but Investment on the other hand earn interest as long as the commodity you invested in keep appreciating at price.
But you must also know the risk involved in investment especially if you invest in the wrong asset.
I don't know, but if we think about it, if we make a big investment in BTC, wouldn't we be saving a lot? A normal traditional bank generates how many interests in our favor? annually it does not even reach a measly 24%, if we invest in BTC that 24% can be done only in one movement, then is this not better than savings? Some will think that it is crazy to say that at the moment, because the market is in an almost bearish position, but it is normal to think that at any moment it will reach more than $70k, we could intuit that it could reach $100k.But you must also know the risk involved in investment especially if you invest in the wrong asset.
86.-https://bitcointalk.org/index.php?topic=5378461.180
One of the coins that we could keep the most no matter what, and what's more, it could be the best we can do is BTC, in second place I would go for ETH just because it is considered the second best cryptocurrency, I would take this as a main convection, because in the event that all things go wrong in the world, ETH would be the currency with the highest survival rate, just like Monero, of course BTC is the only currency that would have a life of its own and this would give life to these currencies .
But for pure inspection I would just leave BTC alone for as long as it takes because I know BTC always hits new ATHs and is by nature a money multiplier.
Both trading and investing are important ways to make money in the crypto market. The price of cryptocurrencies fluctuates greatly, and it is impossible to obtain stable profits all the time when buying coins in the crypto market. It is important to choose the currency of the transaction before buying.
I agree with the most parts but what do you mean by it is important to choose the currency of the transaction before buying" is quite unclear to me. Maybe you can explain it better.Buying more to sell it later is the same as trading with higher amounts. Yes obviously to sell, you have to buy that asset first but don't go all-in either because the price may drop further down and you need some capital to buy the dip.
What's important is to realize whether the price is overrated or underrated. I give you an example, in March-April 2020 when Corona first hit, the price went down around $5k and that's what I call underrated price and when musk made tweets and doge was pumped, I call those prices and times as overrated. Ideally you sell when market is overrated and buy when it's underrated.
One of the examples of why investment is better than saving is the fact that savings may never earn you profits unless you put the money in a fixed account but Investment on the other hand earn interest as long as the commodity you invested in keep appreciating at price.
But you must also know the risk involved in investment especially if you invest in the wrong asset.
The good of every investment is to make project and if this is bot achieved, then there will be a problem. Money needs to be put into use to bring more money. Buying more coins that are useless is worse and one has to be careful how we jump into projects or put our money into use. Investment is a good one and we need to put it in the right one of loss our money due to weak research.But you must also know the risk involved in investment especially if you invest in the wrong asset.
before investing it is very important to do research first although it will take time but at least it will be useful in making investment decisions later,
in crypto there are lots of coins and if we buy it from scratch, sooner or later your money will be lost
It is another strategy of holding. It means you have hold 100 coins at a price of 1$ and if its price pumps upto 2$. you sold out 50%. and wait for price recovery and after some weeks its price comes back to 1$. You have 100$ of profit that you booked. Then you again buy 100 coins at 1$ price. In this way you are playing with some investment and your quantity increases continuously. So, i think its a best strategy.
Don't forget that at some point your bankroll might be drained especially in cyprto where the volatility are insanely high , when the price drop it could drop even more deeper than what you can imagined , and guess that your previous profit could went to negative again with this scenario.The point is that to keep on checking and calculating your bankroll , otherwise it will only wasting your time doing that.
One of the examples of why investment is better than saving is the fact that savings may never earn you profits unless you put the money in a fixed account but Investment on the other hand earn interest as long as the commodity you invested in keep appreciating at price.
But you must also know the risk involved in investment especially if you invest in the wrong asset.
The good of every investment is to make project and if this is bot achieved, then there will be a problem. Money needs to be put into use to bring more money. Buying more coins that are useless is worse and one has to be careful how we jump into projects or put our money into use. Investment is a good one and we need to put it in the right one of loss our money due to weak research.But you must also know the risk involved in investment especially if you invest in the wrong asset.
It is another strategy of holding. It means you have hold 100 coins at a price of 1$ and if its price pumps upto 2$. you sold out 50%. and wait for price recovery and after some weeks its price comes back to 1$. You have 100$ of profit that you booked. Then you again buy 100 coins at 1$ price. In this way you are playing with some investment and your quantity increases continuously. So, i think its a best strategy.
We should have a savings account in case our investments are in trouble, because investing doesn't always bring the returns we think we should. If we don't have a backup savings, when the investment we have problems we will start everything from the beginning and that makes us depressed and easy to fall into despair when we will lose everything. Both saving and investing (70% can be used for investment and 30% can be saved).
Agree and this is where stablecoins like USDT play a big role. I am a casual trader myself and I keep all my savings or as some call it, bankroll, in stable coins. Half in BUSD and other half in USDT since these are centralized coins so not safe to keep them all in one crypto.Now what I do is, I take some 10% from it and trade rigorously and if somehow I face loss, I move some more capital into the trading from my savings. If I make profit, I just cash that profit in stablecoins and move that to my savings.
You need to always cash profits otherwise if you keep trading even when you earn, eventually, you will lose it all.
One of the examples of why investment is better than saving is the fact that savings may never earn you profits unless you put the money in a fixed account but Investment on the other hand earn interest as long as the commodity you invested in keep appreciating at price.
But you must also know the risk involved in investment especially if you invest in the wrong asset.
Exactly,I agree with your opinion,because money saved is not going to enrich you,it only going to last for a while,but money invested is money that is going to make you rich,and if allowed for a long period of time if it was invested in a good growing project,it's going to really make you rich. But you must also know the risk involved in investment especially if you invest in the wrong asset.
Buying more promising coins is also very important,but before buying,one must be able to do some research,to know about the best growing coins to buy,so that the investment will not hit a stumbling block. Read,research and learn about good coins before investing,so that you won't regret buying.
One of the examples of why investment is better than saving is the fact that savings may never earn you profits unless you put the money in a fixed account but Investment on the other hand earn interest as long as the commodity you invested in keep appreciating at price.
But you must also know the risk involved in investment especially if you invest in the wrong asset.
There's still profit in savings but it's totally like cents for a year. The interest rate for savings is very low while the bank where you deposited your money, they're the one to maximize its profit through lending. Risk is always associated in investing and that's why there's the known quote about risk and reward, the higher risk you take, the better reward you can get but also, don't forget about possible losses. This doesn't count the scam ponzi schemes that they'll market about risk and reward, it's the wrong misconception and they are trying to fool people with that belief. But you must also know the risk involved in investment especially if you invest in the wrong asset.
One of the examples of why investment is better than saving is the fact that savings may never earn you profits unless you put the money in a fixed account but Investment on the other hand earn interest as long as the commodity you invested in keep appreciating at price.
But you must also know the risk involved in investment especially if you invest in the wrong asset.
But you must also know the risk involved in investment especially if you invest in the wrong asset.
A good strategy but must also be followed by a good coin selection too. It's useless if we buy a lot of coins but we choose the wrong coins and don't have good prospects. Although it will flow by itself because gradually we can certainly choose well coins that do have good prospects. Keep it safe and hold on to it if needed when the crypto market is in turmoil. Only we ourselves can manage and maintain assets because all control is in our hands.
The basic principle is that everything is returned to each individual, because what will determine clearly is from ourselves even though we may be able to receive input from other friends.a good strategy if when there is an opportunity to buy more when the price does fall, hold it until we feel that if we are going to sell, because we have already got the profit that we have determined previously, so as not to miss the prediction that has been made.
but I agree with the friend above that it is still possible to buy and hold coins which are certain to have good prospects in the future. because if you choose the wrong one, in the end it's useless because the coins are held for a long time but in the end it doesn't produce anything. so analysis is still needed before deciding which coin.
It is good to apply to buy more to sell something when you have the full security and conviction that a particular currency will explode with a great boom, and this is certainly currently very lucky, the only currency that can guarantee this type of emergence is BTC, and it is advisable to buy at each dip and if it continues to drop in price, continue buying, because when btc starts to trend upwards it will take such a big turn that for me the next ath will be in the order of $100k or even much more . The problem of all hedgerows that when will it happen? early? It is not known, this could happen at any time, I think the opportunity is presenting itself now.
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