Topic: Buy more so you can sell some - page 9. (Read 2192 times)
This is the ideal opportunity for such investment funds as the cost of bitcoin is attempting to balance out, the altcoins season is being normal, purchase modest and sell higher is the manner by which to put something aside for blustery day. Broadening is the way to climb to a higher level, however exchanging isn't a great fit for everybody since this will just work to the people who will get familiar with the cycle.
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.
If you are regularly active in the market it's ideal to invest in now due to some instances the market is still on the support and waiting to make a break of the line. If you are planning to hold an asset it's better to invest as possible because not all the time market drops and we are already currently experiencing the bear market. Still, it needed to have a lot of tests before the bull market comes. Always DYOR
The most important thing to do is to do the analysis first. Technically or fundamentally it will be very important to know the state of the market. In the current state of the market, we need to do capital management properly.The market will not always be in a bear period, there will be times when the market gets excited again and tries to reach the highest price again.
Sometimes we can't prevent the need and this is always experienced by anyone, especially those who have not large capital and must use it on time and on target so that it can run according to what we want.
I agree with your opinion that if there is any doubt in taking a stance, it is true that hold is something that should not be forced.
all also do not want to experience the slightest loss at all but sometimes we have to make a decision to lose a little but capital can return and not add to a big loss. because sometimes situations don't always go the way we want.
I had a large amount of it very very recently, for the past 3 months or so I have been living a nightmare scenario with someone I care for ended up in hospital with cancer and I had to make a huge debt. I still didn't sell my crypto but I totally understand people who would in this situation.I agree with your opinion that if there is any doubt in taking a stance, it is true that hold is something that should not be forced.
all also do not want to experience the slightest loss at all but sometimes we have to make a decision to lose a little but capital can return and not add to a big loss. because sometimes situations don't always go the way we want.
This doesn't mean that we can't be long in bitcoin at all. Sure sometimes we may need to use it as emergency fund and in that case we need to end up with putting most of our money paying those bills which is why it could be a loss because if we buy at a higher price and then it drops and we have emergency and we sell it at lower than what we buy, that will be a loss that was forced to us.
However, just on the off chance of something bad happening, doesn't mean that we shouldn't buy it either. Just buy it, hold it as long as you can, and hope that you will not face a problem like that.
Money management really important, holding is not just we bought with all our money and then hold it until we want to sell, but must know if price keep dumped we have spare money to buy more. But that is what is on my plan, so i don't need to reach early price that i bought to get my capital back.
If the readiness to take risks is still in doubt, it is better not to hold. I think wants and needs will always come to us, moreover, emergency needs can come at any time. If you've thought of all the trouble that's coming your way, buy more and hold on. I don't like selling at a loss even if it's a little, it's better to save a little for other purposes.
Sometimes we can't prevent the need and this is always experienced by anyone, especially those who have not large capital and must use it on time and on target so that it can run according to what we want.I agree with your opinion that if there is any doubt in taking a stance, it is true that hold is something that should not be forced.
all also do not want to experience the slightest loss at all but sometimes we have to make a decision to lose a little but capital can return and not add to a big loss. because sometimes situations don't always go the way we want.
Buy more and earn more...that is how people will think about investing and that seems right? While accumulating a lot of Bitcoin during the dips gives you a possible huge return when it is perfectly sold during the ATH. But this sounded unrealistic for those who don't believe and trust Bitcoin/crypto. And while we are in trading, we should have to be more knowledgeable on the market trend.
And there is one thing we need to keep in mind, never think that there is easy money in trading. We need to work hard in order to see good results otherwise, we just fail and lost our money.
And there is one thing we need to keep in mind, never think that there is easy money in trading. We need to work hard in order to see good results otherwise, we just fail and lost our money.
Depending on the strategy and coins that we will choose to be able to generate profits from crypto trading. This means that not all coins are good
for trading, although now all coins have decreased in price, if we buy coins at low prices, it does not necessarily make a profit. Because not all coins
will be recovered, for most shitcoins, if they experience a dump like now, there is a possibility that they will become dead coins that will never recover.
What you say is true, it's not easy trading crypto, not always if we buy a lot at a low price, it can give us the profit we want. It takes hard work
to do market research and analysis to be able to make the right decisions and be able to generate the profit we want.
If you are regularly active in the market it's ideal to invest in now due to some instances the market is still on the support and waiting to make a break of the line. If you are planning to hold an asset it's better to invest as possible because not all the time market drops and we are already currently experiencing the bear market. Still, it needed to have a lot of tests before the bull market comes. Always DYOR
Yes, the market at present is downtrend. Going through the chart it is clear to see the candles being in the declining position for about 7 days. We need some breakout to happen, but through which this gonna happen. Possibly some good news need to come out of the market. Right now more and more number of potential altcoins as well as new projects are at its lowest price with good volume. As mentioned in the above post it is good to do your own research and invest during this time period for good profit by the breakout that can happen anytime. 
If you are regularly active in the market it's ideal to invest in now due to some instances the market is still on the support and waiting to make a break of the line. If you are planning to hold an asset it's better to invest as possible because not all the time market drops and we are already currently experiencing the bear market. Still, it needed to have a lot of tests before the bull market comes. Always DYOR
Buy more and earn more...that is how people will think about investing and that seems right? While accumulating a lot of Bitcoin during the dips gives you a possible huge return when it is perfectly sold during the ATH. But this sounded unrealistic for those who don't believe and trust Bitcoin/crypto. And while we are in trading, we should have to be more knowledgeable on the market trend.
And there is one thing we need to keep in mind, never think that there is easy money in trading. We need to work hard in order to see good results otherwise, we just fail and lost our money.
And there is one thing we need to keep in mind, never think that there is easy money in trading. We need to work hard in order to see good results otherwise, we just fail and lost our money.
If the readiness to take risks is still in doubt, it is better not to hold. I think wants and needs will always come to us, moreover, emergency needs can come at any time. If you've thought of all the trouble that's coming your way, buy more and hold on. I don't like selling at a loss even if it's a little, it's better to save a little for other purposes.
But there are instances on which you cant really avoid to sell on loss aside from panicking or rattling because of price decrease.This is why its really important that you should be aware on how things been going and how it works. Buy more since you do trust up Bitcoin or crypto or Sell when you are in profits because this is your primary concern on why you do invest on this market.Do all sorts of things as long it would benefit you out then that what matter most. Dive in when theres an opportunity but i cant blame with those hesitance.
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.
Currently the ecosystem has changed and the pandemic outbreak launched in a new era where people's need became even more insatiable and spiked the cost of livelihood. 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
Continue holding can equally be more risky than buy and sell within a short period of time. Have you ever hold a coins and because you didn't sell at the right time the value of the coins depreciate more than 65% before now? This has happened to me and so many other people here before if am not mistaken.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.
Currently the ecosystem has changed and the pandemic outbreak launched in a new era where people's need became even more insatiable and spiked the cost of livelihood. 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
Diversification of investment s very important as that will safe your investment capital from loosing all your money invested in just one coins or one project. The main purpose for investment is to make profit and once you have reached your target profit it is resealable and economically advisable to sell off at that point.
I keep talking about that, and I'll add that we can look at bitcoin now:
up to 2 months ago the price of bitcoin was over $65000
today the price of bitcoin is $45000
so that means all the people who bought when the bitcoin price was $64000 then having losses of $20,000 and the bitcoin price can take months to get back to $65000, so even if the person who bought bitcoin at $65000 is doing hodl for 1 year for example this person will not make as much profit as he wanted
If the readiness to take risks is still in doubt, it is better not to hold. I think wants and needs will always come to us, moreover, emergency needs can come at any time. If you've thought of all the trouble that's coming your way, buy more and hold on. I don't like selling at a loss even if it's a little, it's better to save a little for other purposes.
I keep talking about that, and I'll add that we can look at bitcoin now:
up to 2 months ago the price of bitcoin was over $65000
today the price of bitcoin is $45000
so that means all the people who bought when the bitcoin price was $64000 then having losses of $20,000 and the bitcoin price can take months to get back to $65000, so even if the person who bought bitcoin at $65000 is doing hodl for 1 year for example this person will not make as much profit as he wanted
Buying when coin is at ATH or near to that is biggest mistake one can do. I remember I used to do such mistake when I was new to crypto. At such price WHALES (wise investors) are selling while fools are buying. If you are experienced trader then buying at ATH is suitable for day trading only. Me as a hodler wont buy at such price.
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Simple way to put it is, one can not give what he or she does not have, just same way you can't eat your cake and have it.
To be able to sell something, you have to first and foremost have that thing, and having it means you have to either buy it from somebody else or receive that thing as a gift.
To have a significant amount of coins to sell when a need to arises, you have to first of all, buy the coin in a large quantity when the need to sell has not arrived.
To be able to sell something, you have to first and foremost have that thing, and having it means you have to either buy it from somebody else or receive that thing as a gift.
To have a significant amount of coins to sell when a need to arises, you have to first of all, buy the coin in a large quantity when the need to sell has not arrived.
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.
Currently the ecosystem has changed and the pandemic outbreak launched in a new era where people's need became even more insatiable and spiked the cost of livelihood. 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
Continue holding can equally be more risky than buy and sell within a short period of time. Have you ever hold a coins and because you didn't sell at the right time the value of the coins depreciate more than 65% before now? This has happened to me and so many other people here before if am not mistaken.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.
Currently the ecosystem has changed and the pandemic outbreak launched in a new era where people's need became even more insatiable and spiked the cost of livelihood. 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
Diversification of investment s very important as that will safe your investment capital from loosing all your money invested in just one coins or one project. The main purpose for investment is to make profit and once you have reached your target profit it is resealable and economically advisable to sell off at that point.
I keep talking about that, and I'll add that we can look at bitcoin now:
up to 2 months ago the price of bitcoin was over $65000
today the price of bitcoin is $45000
so that means all the people who bought when the bitcoin price was $64000 then having losses of $20,000 and the bitcoin price can take months to get back to $65000, so even if the person who bought bitcoin at $65000 is doing hodl for 1 year for example this person will not make as much profit as he wanted
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.
Currently the ecosystem has changed and the pandemic outbreak launched in a new era where people's need became even more insatiable and spiked the cost of livelihood. 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
Continue holding can equally be more risky than buy and sell within a short period of time. Have you ever hold a coins and because you didn't sell at the right time the value of the coins depreciate more than 65% before now? This has happened to me and so many other people here before if am not mistaken.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.
Currently the ecosystem has changed and the pandemic outbreak launched in a new era where people's need became even more insatiable and spiked the cost of livelihood. 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
Diversification of investment s very important as that will safe your investment capital from loosing all your money invested in just one coins or one project. The main purpose for investment is to make profit and once you have reached your target profit it is resealable and economically advisable to sell off at that point.
When the market is down, you have to invest more and sell less. At the moment the market is down a lot so at this time you can invest more and more. This is the right time to invest.
The only problem with that is that not a lot of people have a lot of money to be able to do that so they end up not getting the opportunity to buy when most cryptocurrencies are going down in prices. 
Surely future development of crypto ecosystem depends on how governments gonna treat the advantages of blockchain technology.
I would like that some governments have been very lenient with blockchain tech development and using such technology to retire older banking tech and is currently in the process or already implemented into existing banking systems.But when it comes to bitcoin and its acceptance, the same governments change to an opposite stance.
This is because bitcoin runs on blockchain not the other way round. Using blockchain tech has its uses while using bitcoin brings a number of problems for the governments.
The OP says, increased cost of livelihood - I have not seen much effect on that where I live, but maybe true for some countries. The governments will increase taxation to compensate the excessive costs due to the pandemic so be ready for that. Beyond that I still dont see any effective use of bitcoin to solve the problem.
Surely future development of crypto ecosystem depends on how governments gonna treat the advantages of blockchain technology. The investment purposes are main reasons why many average Joes try to learn this ecosystem, the more experience means more profit for them. Traditional banking has been outdated by new technologies so we have to be early adopters sooner or later.
Blockchain technology has now begun to be implemented but is still in stages but I am sure that banks or other governments will still need blockchain technology to improve modernity in the new era, therefore it is now starting to develop in its ecosystem.Cryptocurrencies are already ahead of me I'm sure it will be more interesting in the next few years so the views of many crypto people may be more valuable about the technology it was designed for.
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