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Topic: Buy? . . . Nah, hang on a minute. - page 2. (Read 547 times)

full member
Activity: 1848
Merit: 158
May 15, 2022, 06:27:55 PM
#50
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.
full member
Activity: 1303
Merit: 128
May 15, 2022, 05:56:49 PM
#49
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.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
May 15, 2022, 05:46:52 PM
#48
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.
A little bit off to the topic on which talking about  LUNA.. How you would really be making yourself get deal with it now its price had that 100% down but surprisingly it do really make out some little recovery?

Due to greed then this is where your decisions will really be depending because there are people whom do really love to play with fire and take risk despite of the odds of losing money is high.

Buying decisions will vary into each person whether they do seem fit as for talks about its potential or not.
jr. member
Activity: 168
Merit: 4
May 15, 2022, 05:28:42 PM
#47
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.
legendary
Activity: 2660
Merit: 1074
May 15, 2022, 10:46:09 AM
#46
Why do you have to wait so long if within 1 hour you've already made a profit for shitcoin, if it's under my management because I'm not the type of person who keeps trading for a long time.
but I don't deny that the strategy you provide is also good and I use it
risk will always exist in all investments, the difference is the level of risk that will occur and how do we minimize that risk in my opinion
But I believe the OP isn't talking about shitcoins because as we can see he add tips on how to lessen risk. Investing in shitcoins is too risky and even if you apply all the tips, op have shared, the chance to lose is always high. You are lucky if the shitcoins you pick pumps after an hour but what if not? Do you think you still have a chance to recover what you have invested?

You better pray that you will because many shitcoins can turn into a scam, completely, right after they gathered some funds. You might be good at investing in shitcoin but not all have that same ability as you but some will still stick on the safer side. They will only prefer legit investments.
legendary
Activity: 1288
Merit: 1081
Goodnight, o_e_l_e_o 🌹
May 15, 2022, 09:33:11 AM
#45
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.
When Luna didn't do it's first x10 come back. I opened my wallet and was staring at Luna coin for some minutes. Without doing any analysis, a rule stroke in my mind. " When others are afraid, be greedy"
I wanted to be greedy with Luna but I gave up and because I am not a big fan of altcoins. In less than few hours Luna made huge come back and I respected the rule.

What I am implying is;
Buy when the price is low, always buy. Then remember the other big rule, don't invest what you cannot afford to lose.
Be sceptical about shit coins please.
full member
Activity: 1092
Merit: 227
May 15, 2022, 08:52:16 AM
#44
Its correct strategy dude. Buying at low creates your entry point way close to the Break Even Point so that you can't really mess up for very long period of time. With the buy low sell high formula, you can actually reserve the base price and whatever goes above all is your profit. For example, if you are going to buy in the today's market then everyone knows the highest bitcoin could go is 61k easily which was last ATH. This means, you have that much window starting from today, and if you even don't sell until it reaches next ATH, lets 60k then you are still in profit and zero losses. After buying at lower rates only keeps you looping in one thing and that's how much profit you want to book?
member
Activity: 504
Merit: 14
I know Who I AM
May 15, 2022, 07:46:21 AM
#43
With every Dip and Bull, Almost all crypto user panic in some degree and act irrationally sometimes and this can cost them a big loss too.
Let's take an example of recent Luna crash. Almost everyone jumps into luna trade including myself and try to milk some profit from it but
most of us lost massively.
From this we could learn a lesson and in any kind of situation have to take calm and well thought approach. Specially when market is going red, we have to wait for an stable condition to take any measures.
full member
Activity: 686
Merit: 107
May 14, 2022, 05:27:08 PM
#42
maybe I am one of those people who are not complicated with financial management, crypto investment is always a priority when there is more money than income for daily needs either from trading or my main job,maybe this is crazy...
        - emergency fund
        - retirement savings
I never thought about it because it's so complicated and I think my investment is a savings that I can take whenever I need it
buy when low sell when high is a new kid's dictionary that says it may be easy but basically it's difficult, I prefer to buy and hold, when trading wrong predictions and even then it will be a long term coin hold until the market turns blue
member
Activity: 840
Merit: 23
May 14, 2022, 04:10:20 PM
#41
Shit coin is what stir up most panicking in the crypto market. Bitcoin is typically for holders and nothing much if an investor buys a certain dip and the bears keeps pushing the price down it's much easier wait for a market recovery which will surely happen no matter how long it takes but with shit coins nothing is guaranteed
sr. member
Activity: 1045
Merit: 273
May 14, 2022, 03:08:07 PM
#40
I agree to only invest with money you can afford to reduce the risk involved.
You can invest in any coin but always keep those limits in mind so that if you lose, you won't regret it too much.
Also, don't invest in unknown coins because that can give you a risk that you yourself will never know how big the risk is.
If you invest in bitcoin, even if the price fluctuates, there will be an opportunity for bitcoin price to increase again.
But it will all come back to the results of your analysis so you will know what you will invest in later.
The first line of your message is legit and a must to follow because if we look around us many people right now are planning to end their lives because of the losses that they in cure. They despair too much which only shows that they invest money that they can't afford to lose and what is worst with that is maybe they borrow the money from someone else.

Investing on any coin seems not okay to me. Have you heard the news about luna and how it dumped too much. If only those people choose their investments wisely, they won't going to end up like this. Most cryptos are dumping too but they are no real issues with them and they can always recover once the bear is over.
hero member
Activity: 2520
Merit: 783
May 14, 2022, 09:18:50 AM
#39
Why do you have to wait so long if within 1 hour you've already made a profit for shitcoin, if it's under my management because I'm not the type of person who keeps trading for a long time.
but I don't deny that the strategy you provide is also good and I use it
risk will always exist in all investments, the difference is the level of risk that will occur and how do we minimize that risk in my opinion

Waiting to long is so crazy decision to made by trader because we know crypto market is totally fast moving this is why we need to take action according to how market move in a day because if we wait to long we might be in position which the coin we are monitoring is pumping up and instead we earn we end up getting FOMO then lose our money for bad decision we made. High risk high reward traders should think about this but people also need to be more careful since we know crypto market is so unpredictable.
hero member
Activity: 1764
Merit: 584
May 14, 2022, 09:09:22 AM
#38
LOL I almost thought you're going to say don't buy coz it'll be dropping even lower in a bit.

What you've mentioned are all pretty standard knowledge when making investments, especially with crypto. As for the price, if you're unfazed by the current state you may indeed wait for lower.

And also, once you've committed stick to it. One of the common ways people lose money is going all-in and then pulling out when they see a drop.
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
May 14, 2022, 08:10:17 AM
#37
Why do you have to wait so long if within 1 hour you've already made a profit for shitcoin, if it's under my management because I'm not the type of person who keeps trading for a long time.
but I don't deny that the strategy you provide is also good and I use it
risk will always exist in all investments, the difference is the level of risk that will occur and how do we minimize that risk in my opinion
full member
Activity: 1050
Merit: 100
May 13, 2022, 10:37:52 PM
#36
If we keep singing the buy low and sell high song, it can deceive many because nobody knows when is low or to what area is low a good place to buy where is really low enough is a question to answer. Yesterday the price come low and some waiting for more lower today but it didn't see it. Another low may come again and few taking the chance , more waiting outside for more lows. The low should come in a graph like technically analysis for good follow up.

I think the main reason why newbies lose in Cryptocurrency is idea of buying low and selling high, most of them don't don't know anything about crypto, they think crypto is all about just buying when the price is low and selling when the price is high. To me I believe crypto is more than you just buying when the price is low and selling when the price is high, we should learn how to do some fundamental analysis, when to buy the coin when to sell the best coin you should buy and other things.
Pretty basic but once you do step your foot into the market then you would really be finding out that this isnt something that easy could be dealt with.Invest on the money which you can afford to lose

because you wont really be that stressing or freaking out yourself whenever you do see that the market is plummeting thats the the main difference into those investors who do mind much
or being too positive towards the market because we know that its volatile and dumps or plummeting situation like this is very common.
even though the price is low, it is still even lower, and we must understand support and resistance or other ways to determine a good price to buy and sell. If we don't know this basic principle, I think that there is only greed and impatience to immediately enter the market because of Fomo, if that's the case I don't think luck will always be on our side, and in the end we will lose when the market crashes without anyone guessing.
hero member
Activity: 2996
Merit: 609
May 13, 2022, 07:10:02 PM
#35
If we keep singing the buy low and sell high song, it can deceive many because nobody knows when is low or to what area is low a good place to buy where is really low enough is a question to answer. Yesterday the price come low and some waiting for more lower today but it didn't see it. Another low may come again and few taking the chance , more waiting outside for more lows. The low should come in a graph like technically analysis for good follow up.

I think the main reason why newbies lose in Cryptocurrency is idea of buying low and selling high, most of them don't don't know anything about crypto, they think crypto is all about just buying when the price is low and selling when the price is high. To me I believe crypto is more than you just buying when the price is low and selling when the price is high, we should learn how to do some fundamental analysis, when to buy the coin when to sell the best coin you should buy and other things.
Pretty basic but once you do step your foot into the market then you would really be finding out that this isnt something that easy could be dealt with.Invest on the money which you can afford to lose

because you wont really be that stressing or freaking out yourself whenever you do see that the market is plummeting thats the the main difference into those investors who do mind much
or being too positive towards the market because we know that its volatile and dumps or plummeting situation like this is very common.
hero member
Activity: 1680
Merit: 845
May 13, 2022, 04:42:40 PM
#34
Now the market was increased in a short period.Nearly 7.5 percentage of the bitcoin price was recovered very shortly.Even now it’s better to inverse your money.When the price of bitcoin was back to 40k dollars.It will be huge profit for all the investment.So don’t delay to inverse on the trusted coin.The trusted coin will be the best move for now.Many cricketers also had their investment in bitcoin.
Hold your horses, don't get too excited, Bitcoin barely noticed a $2.500 difference in price and is currently showing signs of downtrend. The market is way too uncertain now, I'd advise making any purchases with extremely caution, while patience is the key to a successful trade. Bitcoin could easily be susceptible to another fall, since the Luna and UST incident didn't really help cryptocurrencies, thus, I wouldn't be surprised if it went below $27.000 in the next few days.
If we do based up with some technicals then it is really still on that downtrend and having this slight increase might be the start of recovery or u turn of the market trend or simply a buyback from people or investor

but if you dont mind on entering on what ever price it would be then it would really be your choice because we do have different goals or plans towards our investment.

It cant be avoided that doubts and hesitance would be there and this is where risk management level or risk taking matter on each person.
At the moment, the least possible scenario is the recovery. The market is a complete mess due to the Terra incident, which has caused great uncertainty throughout investors. Everyone is skeptical at the moment and it's extremely likely that it will take quite long to recover at a healthy level.

The main reason I'm being skeptical is because I believe that we haven't reached the bottom yet, my prediction is that the scenario of Bitcoin crashing down to $25.000-$26.000 is highly probable.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
May 13, 2022, 03:25:15 PM
#33
It doesn't really require that much to find the good balance between the two, it will not be impossible to do it, but it will not be difficult neither. If you buy bitcoin at low, and sell it at high you will be doing good. Managing risk means that if you do it on Luna, or some other smaller ones that doesn't have a guaranteed situation then it will be difficult of course.

So, when you are doing "buy low, sell high" just make sure that you are doing with the good ones and not the bad ones. BTC, ETH, BNB all of these are fine for buying low and selling high, which you can do frequently inside one year and shouldn't be a problem because they go up and down constantly.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
May 13, 2022, 03:17:58 PM
#32
Well, we've heard this kind of trading advice a thousand times everywhere, in articles, youtube videos and more everything you say is not that different. That's ideal, but let's talk individual to individual, and each head has a different instinct for thinking, a different emotional level and a different pressing need. Therefore, most of the crypto trading ideals you say are just some kind of dream that most crypto traders hope for.
hero member
Activity: 1484
Merit: 928
May 13, 2022, 03:01:45 PM
#31
If we keep singing the buy low and sell high song, it can deceive many because nobody knows when is low or to what area is low a good place to buy where is really low enough is a question to answer. Yesterday the price come low and some waiting for more lower today but it didn't see it. Another low may come again and few taking the chance , more waiting outside for more lows. The low should come in a graph like technically analysis for good follow up.

I think the main reason why newbies lose in Cryptocurrency is idea of buying low and selling high, most of them don't don't know anything about crypto, they think crypto is all about just buying when the price is low and selling when the price is high. To me I believe crypto is more than you just buying when the price is low and selling when the price is high, we should learn how to do some fundamental analysis, when to buy the coin when to sell the best coin you should buy and other things.
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