usually a 20% profit will be yours.
Topic: Buy when market is Red - page 44. (Read 3098 times)
It takes courage to do that, I suggest keeping the base and always doing backups.
usually a 20% profit will be yours.
usually a 20% profit will be yours.
The rule is very easy - Buy when market is Red and sell when market is Green.
yeah I used to practice this strategy a lot when I was a beginner and after a time I thought that I know this market by buying at green and I lost my 60% of portfolio.
It looks like market today are very tricky that's make price aren't be predicted closely to the real thing happen. Though times we've struggling a red market, but won't make me get into troubled cause I've been in a positive side knowing that it will bounce back.
Normally investors and even myself considering of buying those potentials coins when it dump and keep holding until such time it will pump again. It just a basic way of gaining profit.
Normally investors and even myself considering of buying those potentials coins when it dump and keep holding until such time it will pump again. It just a basic way of gaining profit.
Crypto market capitalisation is over 400 billion USD. Looks like cryptocurrency is here to stay.
Like others have mentioned it doesn't always work. It works only with the assets that are in their normal sinusoidal behavior. Assets that are losing interest permanently will only make you drown your money. For instance, would you buy amway stocks when they were in the red? What about the very well known Madoff investment fund? 
I know these are extreme cases that don't compare to BTC but they confirm that you can't blindly follow this rule.
I know these are extreme cases that don't compare to BTC but they confirm that you can't blindly follow this rule.
"Red isn't necessarily low, green is not necessarily high", and it's not the right benchmark to buy. In my personal opinion the true benchmark is lies in at the price.
Buy when market is Red, a trick to successful trading. Also dont put buy orders ahead of time.
I agree as a general rule but the gravy is in the details (hence don't buy too early like you say).. one lesson I learned over this last alt run is sometimes in ABC type market corrections... C can be REALLY extended after crazy runups. hence don't try to catch the falling dagger on anything.. I bought bitcoin too early this time at 7.2k and 6.5k....i entered into alt positions a bit too early and had to cost average down more than I would like to... I'll still be in profit but I hurt some of my profits by not waiting for confirmed market reversal.. not only that I spent so much time and energy trying to predict the bottom that it just became incredibly not worth it.. should have just looked once a day and set alerts and went on a crypto vacation.. but alas thats not what whappened and it is what it is, and you just learn from your mistakes and move on. Thats what's so great about crypto though.. is 70-80% of it is just market moves that are all common sense.. the difference between a pro and an amateur is literally about 30% if you eliminate things like greed, fomo, and fud that noobies more often attach to.
simple rule, but very important. Although, you can not be guided only by this rule, you need to do a fundamental analysis of the coin you are going to buy
Better to buy when the market become red because for sure after few weeks the price will increase again. But it depends what coin you gonna going to buy. I suggest invest only who have potential brcause if you invest to the wrong coin possible your money will lost or gone because if the coin are decreasing they have possibility the price will decrease more. But the other people if they see the market decrease it will sell their coin so they lose some opportunity to earn more.
Buy when market is Red, a trick to successful trading.
Oldest rule in the trading book. Problem is knowing when the floor is already hit and readying for the bounce.
Today's gains seem to be going steady with all coins gaining values. Maybe after CNY we will see spike in the BTC and ETH volumes and value again.
It is surely going to go down, its been going up for the past couple of days, thats how the market works.
Buy when market is Red, a trick to successful trading.
Oldest rule in the trading book. Problem is knowing when the floor is already hit and readying for the bounce.
Today's gains seem to be going steady with all coins gaining values. Maybe after CNY we will see spike in the BTC and ETH volumes and value again.
Buy when market is Red, a trick to successful trading. Also dont put buy orders ahead of time.
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