Buy? . . . Nah, hang on a minute. | Bitcointalksearch.org

dunfida

legendary

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Quote from: ninis45 on May 19, 2022, 04:53:36 PM

actually we already know about what to do with the market and when we have to sell and buy while what op says is the

Quote from: davis196 on May 17, 2022, 05:37:50 AM

,you just shared the most generic "common sense" advise in the history of finance:

so this will only make nonsense there is nothing that makes us think positively or that makes us introspection in trading,because, some trading facts are sometimes very difficult to apply in the reality of fundamental question techniques

Yes, it might really be that pretty basic but its true that applying it on your own wouldnt really be that simple or cant really be applied and would find it difficult to be done due to unpredictability of
the market movement which is something a very normal.
Dont know on why people cant just appreciate on saying these common sense thing? Cheesy

Even its basic or common sense but once you do make yourself put into the situation then you would really be having those back of those
words.

coolcoinz

legendary

Activity: 2814

Merit: 1192

Here's how I do it.

How to know when the market is high?
Usually when price pumps 2x it should be a sign of caution. I'm a holder but I sometimes sell some coins to buy myself a treat and give myself a pat on the back for holding for so long.
I sell a bit every time we hit a significant number on our way up, and/or we multiply the market price by 2.
In the last bear market I held at 5-10k and sold a bit when we touched 20k, then again sold a bit at 30, 40, 50 and 60k. That was maybe 1-2% of my coins each time.

When to buy?
Usually a good place to start gearing up is a 50% correction. At this point I usually start buying, and if I can't afford it I at least don't sell anything and go into a hodl mode.
I bought some coins at 30k last year and and this year at the lows of 32k and 29k. If we fall lower I still have a bit of fiat for one more batch, maybe at 24-25k If we still keep falling down I'll go into a hodl mode. I have enough fiat to keep me going until 2025 halving.

savetheFORUM

full member

Activity: 1134

Merit: 140

Quote from: Wawa2013 on May 17, 2022, 07:50:00 AM

Actually, it's okay to make mistakes when investing, because from these mistakes we can learn how to invest properly. The most important thing is that we don't repeat the same mistakes over and over again. As you said, investing using borrowed money, that's a mistake that many investors make,
they think crypto can always make a profit. Whereas when investing in crypto is not necessarily profitable, while borrowing money puts us in debt, the problem is that debt installments must be paid regularly. Therefore, it is highly recommended to avoid investing using borrowed money.

Another mistake might be choosing the wrong coins for investment, even though the market is declining, does not mean that all coins can provide profit if purchased at a low price. Because some coins when we buy the price goes down and we will find it difficult to sell them again. So make sure we do research and analysis before buying coins, so that we don't choose the wrong coins for investment.

We only think it's a mistake to borrow money because we are thinking negative things without trying it first but there's actually people that considered borrowing money as a part of their strategy and they are successful with it. It only comes down to planning. They already planned if how much money they will borrow and if what kind of coin they will invest, and so on but I still didn't encourage this.

You better improve your skills first and you will need to have a backup funds before we try it, in case this strategy didn't work for us. I agree on the title of this thread. We need to hang on a minute before we decide to buy because the price is likely to go back at lower levels.

Hamphser

sr. member

Activity: 2604

Merit: 338

Vave.com - Crypto Casino

Quote from: Mauser on May 17, 2022, 09:44:47 AM

Buy low and sell high is the best way to make money, but before we are selling we should know what we reinvest the money into. Selling some assets right now only because the price is high is not a good idea. First of all we need to pay taxes on our profits, so we will lose some money before we can reinvest it. And then we need a new protect to invest into. Only to sell to leave money in cash is a bad idea when inflation is around 10%. It doesn't look like the world will go back to normal any time soon. With food and energy prices expected to rise more in the next months I would avoid holding large amounts of cash. So if there is free money to be invested I would recommend buying more crypto coins. Getting bitcoins between 25,000-30,000 USD seems like a good deal to me. Long term the price will rise again for sure.

Easy to say but when you are on the actual situation then you would really be realizing that your fucked up considering that this market is totally unpredictable then buying or selling kind of decisions would really be

hard.Therefore, risk taking would be needed whenever you do make out decisions as always.We do have that very common point of support where we could potentially take such step or action but cant really be

avoided that we do have those thoughts that we might be seeing even more lower thats why we do really hesitate on making such step.

ninis45

full member

Activity: 686

Merit: 107

actually we already know about what to do with the market and when we have to sell and buy while what op says is the

Quote from: davis196 on May 17, 2022, 05:37:50 AM

,you just shared the most generic "common sense" advise in the history of finance:

so this will only make nonsense there is nothing that makes us think positively or that makes us introspection in trading,because, some trading facts are sometimes very difficult to apply in the reality of fundamental question techniques

doomloop

hero member

Activity: 2408

Merit: 584

Quote from: davis196 on May 17, 2022, 05:37:50 AM

Damn,OP.Your clickbait forum thread title made me think that you are going to share some thought provoking discovery about crypto trading.
Unfortunately ,you just shared the most generic "common sense" advise in the history of finance:
1.Buy low,sell high.
2.Invest only what you can afford to lose.(Not many people are actually following this rule,though).
3.Risk management is important.
Your post has no value and I guess that you just wanted to boost your post count.
The "buy low,sell high" advise actually works 100% of the time,but you have to resist the panic and the desire to sell,when the price drops.
Trading is about controlling your emotions and not falling into the conformism and crowd mentality of the markets.

I do agree with you. I believe that OP said something that we all know about and there is nothing to be learned from this, but at the same time it was entertaining for sure. I mean we have seen all of these before, and yet none of them were this well written, it's usually either written in low quality, or written with very high quality like we are talking to the queen.

Instead, this was done both with high quality but also with street lingo type of deal, like chatting, and that is why it got this much attention. I know that it is not a simple thing for most people, but I believe that it is not a horrible thing neither to reread things that you already know.

Mauser

hero member

Activity: 1974

Merit: 534

Buy low and sell high is the best way to make money, but before we are selling we should know what we reinvest the money into. Selling some assets right now only because the price is high is not a good idea. First of all we need to pay taxes on our profits, so we will lose some money before we can reinvest it. And then we need a new protect to invest into. Only to sell to leave money in cash is a bad idea when inflation is around 10%. It doesn't look like the world will go back to normal any time soon. With food and energy prices expected to rise more in the next months I would avoid holding large amounts of cash. So if there is free money to be invested I would recommend buying more crypto coins. Getting bitcoins between 25,000-30,000 USD seems like a good deal to me. Long term the price will rise again for sure.

Wawa2013

sr. member

Activity: 1666

Merit: 268

Quote from: Reid on May 17, 2022, 06:37:30 AM

Old rule. Repeated many times but the mistake will always happen. Investors tend to make an error using loans just to invest in a bear market which for me is another addition to the risk factor of investing in cryptocurrencies.
It's not just what you can afford to lose, it must be your own money that you are risking either a part of your savings or just your leftovers for being thrifty. Also depends on the right timing of purchase, there will be times when a bear market looks like it reach the deepest but it may not, like what happened with Bitcoin.

Actually, it's okay to make mistakes when investing, because from these mistakes we can learn how to invest properly. The most important thing is
that we don't repeat the same mistakes over and over again. As you said, investing using borrowed money, that's a mistake that many investors make,
they think crypto can always make a profit. Whereas when investing in crypto is not necessarily profitable, while borrowing money puts us in debt,
the problem is that debt installments must be paid regularly. Therefore, it is highly recommended to avoid investing using borrowed money.

Another mistake might be choosing the wrong coins for investment, even though the market is declining, does not mean that all coins can provide profit
if purchased at a low price. Because some coins when we buy the price goes down and we will find it difficult to sell them again. So make sure
we do research and analysis before buying coins, so that we don't choose the wrong coins for investment.

Reid

hero member

Activity: 3052

Merit: 651

Old rule. Repeated many times but the mistake will always happen. Investors tend to make an error using loans just to invest in a bear market which for me is another addition to the risk factor of investing in cryptocurrencies.
It's not just what you can afford to lose, it must be your own money that you are risking either a part of your savings or just your leftovers for being thrifty. Also depends on the right timing of purchase, there will be times when a bear market looks like it reach the deepest but it may not, like what happened with Bitcoin.

Wexnident

hero member

Activity: 2702

Merit: 672

I don't request loans~

or, DCA. Specifically on Bitcoin. That way you don't have to mind the issue of "low or high" and your mindset could be trained to actually just invest. Indecisiveness due to trying to maximize profit exists and isn't odd really, but it is a pain in the ass once it sets in and if it becomes a habit, well, you're going to lose way more opportunities than the times you'd actually get them. So yea, this way, you avoid the general decision of "buy low, sell high" and just invest in a really good asset, which is in this scenario, pertains to Bitcoin.

davis196

hero member

Activity: 3150

Merit: 937

Damn,OP.Your clickbait forum thread title made me think that you are going to share some thought provoking discovery about crypto trading.
Unfortunately ,you just shared the most generic "common sense" advise in the history of finance:
1.Buy low,sell high.
2.Invest only what you can afford to lose.(Not many people are actually following this rule,though).
3.Risk management is important.
Your post has no value and I guess that you just wanted to boost your post count.
The "buy low,sell high" advise actually works 100% of the time,but you have to resist the panic and the desire to sell,when the price drops.
Trading is about controlling your emotions and not falling into the conformism and crowd mentality of the markets.

Oasisman

hero member

Activity: 2716

Merit: 552

Quote from: fauzan Ichsan on May 17, 2022, 02:34:31 AM

low prices and high prices are relative according to our view, sometimes we already think the price is low but it turns out the price is going down again, therefore we must have an analysis to determine a decent price to buy or a good price to sell.

Dollar cost averaging (DCA) will help you solve this kind of issue. Analyst isn't accurate, If they might say you have to wait a bit dip further and it happened that the price starts climbing while you have a chance to buy at the bottom, then you'll most probably going to miss the opportunity to add more fractions to your portfolio.
You should not always depend on some analyst on the internet, and learn to analyze the price movements and market sentiments on your own so you won't be struggling to decide whether your buying or selling.

justdimin

hero member

Activity: 3164

Merit: 675

www.Crypto.Games: Multiple coins, multiple games

Quote from: Mahanton on May 16, 2022, 03:26:59 PM

Quote from: CaVO32 on May 15, 2022, 06:27:55 PM

The worry of most of these low-quality coins is their fate in the market. What if they don't have future and they will continue to decline its price. Because we have seen countless times, most of these low-grade projects tend to decline fast after listing in the exchange. Unless, the team will do the pump and dump technique. So before you invest in this market, better weigh your choices. Keeping your investments in top alts will give you a better chance of survival.

But there are people who do really love to play with fire and instead on sticking with well established coins they do rather play with these low caps or not so popular because they do really mind off about possible profits
that they could get once this market would really be having some recovery or u turn then you would really be making out profits that the mindset of some people thats why they dont really like to miss
out opportunity but well its a risk taking kind of decision which isnt something surprising.

That is not a trouble neither, if you are willing to lose that money and realize that there is a good chance for it. There are people in this world who gamble, and I mean gamble against the house type of gamble, which we all know is mathematically impossible to keep winning, sure could win here and there but in the long run house always wins because of the house edge.

This is why I do not see a problem with investing into very very very risky small cap stuff neither, only if you are aware that the money you are putting in there will probably not worth anything in a year, if you are aware of that and taking that risk, then why not take it?

fauzan Ichsan

full member

Activity: 1246

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Enterapp Pre-Sale Live - bit.ly/3UrMCWI

low prices and high prices are relative according to our view, sometimes we already think the price is low but it turns out the price is going down again, therefore we must have an analysis to determine a decent price to buy or a good price to sell, there are many ways for technical analysis to determine it, which the main thing we must have a basis in doing so. therefore this depends on the perspective of each trader on the market

raidarksword

member

Activity: 2044

Merit: 16

In crypto industry anything can happen in a minute without knowing if you earn profit or losses either way because of volatility is very high indeed. That's why as always invest money what you can afford lose only though buy low and sell high rule is always the best strategy to make profit in this industry.

ChiBitCTy

legendary

Activity: 2282

Merit: 3014

Of course you want to buy high and sell low but as you point out you don’t know when you’re actually hitting the low in the markets. That’s why you should utilize a DCA / dollar cost averaging strategy when purchasing investments. This makes sure you hit some of the lowest of the lows and other good low periods, while not simply playing a guessing hams where /when the markets are at their lowest point.

wheelz1200

legendary

Activity: 3752

Merit: 1415

Quote from: roadrunnerjaiv2025 on May 12, 2022, 07:09:39 PM

We've been told to buy when the price is low and sell when the price is high. This is pretty much the thumb rule in trading.

But that is not without conditions. It isn't absolute. It doesn't always guarantee profit.

Let us not forget the RISK. And risk correlates with volatility. High volatility means high risk. And since the crypto market is a volatile market, the risk is higher here than in the stock or FX market.

So, the "buy=low, sell=high" strategy only works when you successfully manage the risk.

You can do that by:

1. Investing less than 5% of your total portfolio in crypto
2. Prioritizing other aspects of your finances ahead of investing in crypto
   - emergency fund
   - retirement savings
   - high-interest debt payment

In other words, invest only what you can afford to lose.

To sum it up--"Buy when the price is low and sell when the price is high, BUT invest only what you can afford to lose."

It may not guarantee a profit but it can help cut down loss when the bear attacks.

Giving percentages without knowing a situation doesn't work. I mean someone who can literally hemmage 90% of their money and still be rich might want to put more than 5% in crypto. Or someone who is rail thin with margins in their budget might not want to even invest in crypto. Either way the real risk management lies in WHAT crypto you have in your crypto portfolio. Putting 5 % of your portfolio in shibaElonDaddyInu coin or whatever makes no sense. So it's the crypto which needs to be monitored.

BuNga_cute

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Activity: 1736

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Quote from: Mahanton on May 16, 2022, 03:26:59 PM

Quote from: CaVO32 on May 15, 2022, 06:27:55 PM

Quote from: Scripture on May 15, 2022, 05:56:49 PM

Quote from: kryptocanon on May 15, 2022, 05:28:42 PM

The best ideal is to sell at 5x,10X profit on shit/meme coins to the buying price but current market conditions are not so conducive for price hike. So Bitcoin, ETH and very few other remain the only promising coins to tend to.

There's still money with those shitcoins, you just need to have a perfect timing but if you are going to invest for long term purposes always go for the top choice even if you don't no much of the analysis, you can have the assurance that those top coins will be good once the market pumps again. The recovery of many tokens are quiet hard especially if the project is totally failed, but as long as the developer is not giving up yet most probably there's still a good solution.

The worry of most of these low-quality coins is their fate in the market. What if they don't have future and they will continue to decline its price. Because we have seen countless times, most of these low-grade projects tend to decline fast after listing in the exchange. Unless, the team will do the pump and dump technique. So before you invest in this market, better weigh your choices. Keeping your investments in top alts will give you a better chance of survival.

But there are people who do really love to play with fire and instead on sticking with well established coins they do rather play with these low caps or not so popular because they do really mind off about possible profits
that they could get once this market would really be having some recovery or u turn then you would really be making out profits that the mindset of some people thats why they dont really like to miss
out opportunity but well its a risk taking kind of decision which isnt something surprising.

It is true that there are always people who dare to take high risks by investing in new projects or shitcoins. They actually know the risk is very high,
but because they are also very obsessed with big profits, then they become brave to take risky decisions. There are indeed some who have succeeded
with such bold decisions, but the number is not much, because in the end more people suffer big losses by investing in new projects or shitcoins.
That's why I always recommend investing in a safe way, by investing in top coins that have less risk. It's better to invest in top coins with small profits,
but it can be sustainable, than to take big risks investing in shitcoins. Which in the end we will regret if we experience big losses, even making it difficult
for us to recover.

ultrloa

legendary

Activity: 2758

Merit: 1228

Quote from: Mahanton on May 16, 2022, 03:26:59 PM

Quote from: CaVO32 on May 15, 2022, 06:27:55 PM

Quote from: Scripture on May 15, 2022, 05:56:49 PM

Quote from: kryptocanon on May 15, 2022, 05:28:42 PM

The best ideal is to sell at 5x,10X profit on shit/meme coins to the buying price but current market conditions are not so conducive for price hike. So Bitcoin, ETH and very few other remain the only promising coins to tend to.

There's still money with those shitcoins, you just need to have a perfect timing but if you are going to invest for long term purposes always go for the top choice even if you don't no much of the analysis, you can have the assurance that those top coins will be good once the market pumps again. The recovery of many tokens are quiet hard especially if the project is totally failed, but as long as the developer is not giving up yet most probably there's still a good solution.

The worry of most of these low-quality coins is their fate in the market. What if they don't have future and they will continue to decline its price. Because we have seen countless times, most of these low-grade projects tend to decline fast after listing in the exchange. Unless, the team will do the pump and dump technique. So before you invest in this market, better weigh your choices. Keeping your investments in top alts will give you a better chance of survival.

But there are people who do really love to play with fire and instead on sticking with well established coins they do rather play with these low caps or not so popular because they do really mind off about possible profits
that they could get once this market would really be having some recovery or u turn then you would really be making out profits that the mindset of some people thats why they dont really like to miss
out opportunity but well its a risk taking kind of decision which isnt something surprising.

Because many says that high risk, high rewards that's why I don't be surprised for many people including me to take a risk upon taking decision whether to buy coins or other type which I think it will be profitable for me in short time period. But we should always know to act fast according to the flow and never be hype since what most important is profit so secure it once we can see it glimpsed than holding to avoid losing money on it.

Mahanton

hero member

Activity: 2730

Merit: 632

Quote from: CaVO32 on May 15, 2022, 06:27:55 PM

Quote from: Scripture on May 15, 2022, 05:56:49 PM

Quote from: kryptocanon on May 15, 2022, 05:28:42 PM

The best ideal is to sell at 5x,10X profit on shit/meme coins to the buying price but current market conditions are not so conducive for price hike. So Bitcoin, ETH and very few other remain the only promising coins to tend to.

There's still money with those shitcoins, you just need to have a perfect timing but if you are going to invest for long term purposes always go for the top choice even if you don't no much of the analysis, you can have the assurance that those top coins will be good once the market pumps again. The recovery of many tokens are quiet hard especially if the project is totally failed, but as long as the developer is not giving up yet most probably there's still a good solution.

The worry of most of these low-quality coins is their fate in the market. What if they don't have future and they will continue to decline its price. Because we have seen countless times, most of these low-grade projects tend to decline fast after listing in the exchange. Unless, the team will do the pump and dump technique. So before you invest in this market, better weigh your choices. Keeping your investments in top alts will give you a better chance of survival.

But there are people who do really love to play with fire and instead on sticking with well established coins they do rather play with these low caps or not so popular because they do really mind off about possible profits
that they could get once this market would really be having some recovery or u turn then you would really be making out profits that the mindset of some people thats why they dont really like to miss
out opportunity but well its a risk taking kind of decision which isnt something surprising.

Topic: Buy? . . . Nah, hang on a minute. (Read 547 times)