Topic: Buy? . . . Nah, hang on a minute. - page 3. (Read 547 times)

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.

That is the normal way to do, and if anybody or all of us does that, guess what would happen. It seems that we have already know what will happen to the price, we have predicted it but no. We cannot surely know so if you wanna become rich in this you gotta make risk. That is what makes us different from the rich because we are afraid to take it. Yes we do need that emergency funds, retirement savings etc etc. However what is the reason you came here in the first place? It is to find fortune in here, knowing there is a huge risk, and if you won't take it, it the same as you were back when you did not know anything of this.

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.

I wish the folks that got burned in the UST/Luna fiasco would have perhaps waited for a moment and accessed the risk of what they were doing by following your advice. I'd also add -- the price charts don't have to show immediate volatility in order for there to be an incurred risk that's disproportional to any potential gains. You could be sitting on a bubble that's been stable in it's inflation until an immediate pop sends the market tumbling. Generally there are signs when growth is unstainable, but it's not always in the numbers. Need to use your head sometimes.

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.

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.

Investing percentage on cryptocurrencies varies depends on your portfolio value, your 5% rule may sound good for someone with million dollar portfolio but what someone can do with 5% if their capital is only about a thousand dollar or even less. Many cryptocurrency investors are literally the new age investors who are considered to be young and made their first ever investment.

Buy low sell high rule will always work and you didn't lose anything unless you sell the cryptocurrencies which you have bought for high price then the bear cycle traps you.

Op, buying at a low point is not only good for trading, but also from a perspective of a long-term investment. The current price is more than twice as ow as the ATH, and I think it's quite safe to assume that eventually, in a matter of a couple of years or less, Bitcoin will resume its former position, and even 2x isn't a bad profit, but 3x is also pretty realistic. But that's Bitcoin, of course, and this doesn't hold for the vast majority of altcoins, investing into which is indeed very risky.
May I also ask where you think investing 95% of one's portfolio is safer than cryptos? Gold, which doesn't bring much profit but doesn't normally make you lose much either? Or stocks which can sometimes be just as volatile as Bitcoin (at least, if you consider how low they can fall within which periods of time)? I do agree that one should only invest what one can afford to lose, but this holds for any investments, not just cryptos.

If you are dumb, then only you will follow this dumb thumb rule.
I haven’t seen many people following this.
Cmon investments are subject to market risk, so without calculating the risk if you invest then you will definitely face loss.
And now if we talk about Bitcoins here, then there are many factors that will come in the way.
Earlier we have seen Bitcoins capability, and all time high price.
If we do good prediction and calculation, then there is more than 90% chance that, Bitcoins might break it’s all time high by the end of this year(This is just a prediction).
Now it’s always depends on you whether to bet on the prediction or not.

Totally agree, stick to Bitcoin, or at least some trusted altcoins such as Ethereum, Litecoin and possibly Binance. People got screwed over with Luna, investing in overly hyped coins that supposedly showed huge potential but quickly came to an end. It's really saddening, because myself included lost money that I had put on UST, thinking they were safe, only to be proven wrong.

Despite the fact that Bitcoin has lost over 50% of its value since November, I'm not too worried. I'm patient enough to wait and trust its potential, if it was any other altcoin, I'd be extremely frustrated right now.

The most common strategies, you buy low and sell high. That's always the case but the problem starts when you think that you're probably low but it isn't the actual low because there's a lower price.
And in that manner, that's where the DCA comes in. Not just for the accumulation at any price that's probably a good time to buy when an increase is about to come. The same goes if the price is uncertainly low.

I honestly think you are under invested in Crypto currencies, if you only expose your total portfolio to Crypto currencies, with only 5%

You want to make a decent profit when the market recover after a small dump, so you should at least make it worth the effort to invest say 10% to 15% into Crypto currencies (Bitcoin BTC) when the price are dropping hard.

A 10% to 15% exposure to high risk investments like Crypto currencies, will not destroy you if something goes wrong... but it will give your total investment portfolio a decent bump if it succeed.

I made more than 800% on my investment in Crypto from coins that I horded since 2013.... so I re-invested some of those profits into low risk investments and safe havens... and it gave my total investment portfolio a massive boost. 

OP, the vibe I get from your post is that you, like so many other investors in bitcoin, stocks, what have you, are afraid to actually buy when prices are depressed.  I'm reading what I see as rationalization as to why one ought to be particularly careful about buying during times like the present, when basically the entire market got flattened over the course of 48-72 hours.

If you're looking to make a profit (and especially if you're a short-term trader), now is the time to be jumping in with both feet.  What we're seeing looks as close to a flash crash as there's been in a long time, and when I woke up this morning some of the coins I follow had already started to recover from the worst of it--so if you'd just bought any ol' shitcoin yesterday (or bitcoin at $28k)--you'd be in the black by now with more profits (hopefully) to come.

No to the first part, and no to the second as well.  "Buy low, sell high" can and should be applied to anything.  Why did you even write something like that?  And bitcoin doesn't have any "fundamentals" either.  If you can tell me what fundamentals it has that a coin like ETH, LTC, or any other coin doesn't I'd really love to know.  On top of that, not all altcoins have low market caps or are easily manipulated.  Some do, but definitely not all of them.  

Care to revise any of those false statements?

Christ, I'm glad I'm not the only one here who's not just writing nonsense and not giving a single logical thought to this discussion.  Arguing against the "buy low, sell high" model is akin to screaming at a room of geologists that the world is flat.

Yea, I wouldn't really be surprised. Nothing more classic than Bitcointalk newbies and giving over-generic merit/investing/trading advice. Also knowing that OP just learned about stagflation literally just a few days ago.

Most of what you have said are not new to investors here and traders. However that cryptocurrency may be volatile more than stock but not forex. Forex trading carry same risk as cryptocurrency trading, they wear same clothes of risk pattern. Trading with low risk leverage is advised. You lose and your funds are gone in both trading and the level of risk is even higher in forex compared to pairs that are not btc.

Perhaps he still a newbie as far as investing and just 'rediscover' this old adage, 

Anyhow, this is no secret, and for sure majority is practicing it, just a question on when they are going to sell those to make profits because that's one part of the equation.

Wait for the next bull run? or sell when you think you have good enough profits already?

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.

One of the principles I learned when participating in the cryptocurrency market is to balance between profit and risk. When it is clear that our lives are full of things that are affecting us, we can see that investment choice is a way to find easy profits, but it comes out when people have financial basics as well as control over their own capital. But whenever the market shows signs of comfort in terms of money in investment, we can easily spend money to participate in anything that is talked about because they can only see what has happened but not the creation process that is the result. I also remind those around me to be satisfied and grateful for what life is going on, not to dwell on things that are not my own and see it as a goal that I also have to achieve. 

Actually buying low and selling high always brings profit. The condition is to indeed buy low and sell high and not the opposite.
And in order to avoid buying high when you thought you buy low, easiest is to DCA. As simple as that.

During this time when prices or falling on the market and people can buy bitcoins with some discounts that are pretty much tempting people to buy bitcoin and increase their bitcoins when they got a good chance for it while I can see beside bitcoin, some people made decision to buy some other cryptocurrencies just because these are lower than the usual price they have on the market, while I prefer to stay away fro these altcoins, especially during this time when we don't know how deep is the market going to go. But regarding buying bitcoin, I would say the best option is to place buy orders in different lower price levels because these days the price does lots of spike movements to lower and higher prices.