Each time you see a red candle! | Bitcointalksearch.org

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Quote from: michellee on January 21, 2023, 11:01:39 PM

Usually, a decline will be interpreted as a red candle, and an increase will be interpreted as a green candle. You can replace the red and green colors with other colors you like. And if you don't do something by the time the red candle comes up, which means there is a price decline, you may miss out on buying at that low. The price movement must also be seen based on the indicators you use. If it decreases, a red candle will appear. If it rises, a green candle will appear.

Hmm, not sure we're on the same page. You interpret candles, candles form on strict conditions -- it's what you do with them and how you think the next action will be lies the interpretation.

And far as I know, candlesticks are indicators themselves, suggesting future patterns and confirmed by subsequent candles -- you don't jump ahead of the first main candle Wink

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Quote from: palle11 on January 21, 2023, 10:16:03 AM

Quote from: michellee on January 21, 2023, 03:19:26 AM

Whenever a red candle appears on the market, I will get ready with my order right away so I don't miss the moment to buy. Sometimes, I do nothing and just watch how far the red candle goes and don't open a buy order because my analysis says the price will fall even deeper. But if you are buying bitcoins to invest, I think you should just buy bitcoins at a low price and hold them. And when there's another low, you can either buy again or wait a bit to make sure it's the low for the day. Don't be scared if you see a red candle because it's not necessarily a very deep decline and could be a small correction before it starts to increase.

Let us get this straight. What does a candlestick colour have to do with the candle direct haha nothing of course. If you set your candlestick in red it is not significant to where the price is going. We have the setting where you can adjust your colours and nothing will happen depending on the colour. So you have to learn this very well and stop making such mistakes. The colour of a candlestick doesn't affect the direction where it is moving to.

Usually, a decline will be interpreted as a red candle, and an increase will be interpreted as a green candle. You can replace the red and green colors with other colors you like. And if you don't do something by the time the red candle comes up, which means there is a price decline, you may miss out on buying at that low. The price movement must also be seen based on the indicators you use. If it decreases, a red candle will appear. If it rises, a green candle will appear.

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Quote from: palle11 on January 21, 2023, 10:16:03 AM

Quote from: michellee on January 21, 2023, 03:19:26 AM

Whenever a red candle appears on the market, I will get ready with my order right away so I don't miss the moment to buy. Sometimes, I do nothing and just watch how far the red candle goes and don't open a buy order because my analysis says the price will fall even deeper. But if you are buying bitcoins to invest, I think you should just buy bitcoins at a low price and hold them. And when there's another low, you can either buy again or wait a bit to make sure it's the low for the day. Don't be scared if you see a red candle because it's not necessarily a very deep decline and could be a small correction before it starts to increase.

Let us get this straight. What does a candlestick colour have to do with the candle direct haha nothing of course. If you set your candlestick in red it is not significant to where the price is going. We have the setting where you can adjust your colours and nothing will happen depending on the colour. So you have to learn this very well and stop making such mistakes. The colour of a candlestick doesn't affect the direction where it is moving to.

Unless you would really be connecting out with those candle pattern indicators which it would really be that relevant if you would be including it into your own analysis and not just basing on candle
color whether it would be green or red which there's no way you could be able to point out on where the prices could potentially go and this what makes it hard even more.
Each time on seeing a red candle which i do usually check it out on higher time frame which it would be helpful on seeing on what would be the possible next trend but of
course you would be needing to make use of other indicators which would really make out some bias or confirmation.You cant just make out or draw conclusions
based up on nothing.

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Quote from: Zilon on January 06, 2023, 04:46:57 PM

The worst state of any investor is to be at long term loss. It comes with so much anxiety, anger, Fuddity, pressure, spoiled plans and many more ill happenings. But I see it as a time to abandon the old investment and focus on taking advantage of the bear moment seeking for new opportunities because as far as Bitcoin is concern there are new opportunities in every cycle. The beauty of an investment is in its quantity because with much quantity comes so much value.

As we grow and mature and become a experience investor, we have realized that the best time to really make money is to buy when the market is down. It's very different when what we learned though, that during bear market, we shouldn't be buying because the market is uncertain and the it might continue to go down, so that is bad for us.

Quote from: Zilon on January 06, 2023, 04:46:57 PM

One of the biggest issues Bitcoin buyers face is that they use money meant to solve an urgent need to invest and end up selling at a loss to meet up with the need. Investment is best done with funds that don't have used in the nearest future, I prefer to call it errand money and because it is an errand money it is not meant to return immediately so errand takes longer time before they get delivered. The beauty of Bitcoin is long term investment. Hodl until it turns green. If it is not green, it isn't ripe for harvest. Each time a red candle appears, it is a signal to look out for buying opportunities.

First, you should invest what you can afford, so that you don't mistakenly selling off when the market is down because you just need money. Second, yeah, hold as long as you can, when the first condition is met, then the best thing is continue to accumulate and be a long term investor and just don't sell for small profits. I know others might be thinking of selling off right now because the market has been green for almost the whole month. But look ahead, the price is still low at $20k'ish, sell when we reach 6 digit or even higher.

palle11

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Quote from: michellee on January 21, 2023, 03:19:26 AM

Whenever a red candle appears on the market, I will get ready with my order right away so I don't miss the moment to buy. Sometimes, I do nothing and just watch how far the red candle goes and don't open a buy order because my analysis says the price will fall even deeper. But if you are buying bitcoins to invest, I think you should just buy bitcoins at a low price and hold them. And when there's another low, you can either buy again or wait a bit to make sure it's the low for the day. Don't be scared if you see a red candle because it's not necessarily a very deep decline and could be a small correction before it starts to increase.

Let us get this straight. What does a candlestick colour have to do with the candle direct haha nothing of course. If you set your candlestick in red it is not significant to where the price is going. We have the setting where you can adjust your colours and nothing will happen depending on the colour. So you have to learn this very well and stop making such mistakes. The colour of a candlestick doesn't affect the direction where it is moving to.

michellee

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Whenever a red candle appears on the market, I will get ready with my order right away so I don't miss the moment to buy. Sometimes, I do nothing and just watch how far the red candle goes and don't open a buy order because my analysis says the price will fall even deeper. But if you are buying bitcoins to invest, I think you should just buy bitcoins at a low price and hold them. And when there's another low, you can either buy again or wait a bit to make sure it's the low for the day. Don't be scared if you see a red candle because it's not necessarily a very deep decline and could be a small correction before it starts to increase.

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Quote from: Frankolala on January 20, 2023, 01:03:38 PM

Sometimes newbies are lucky by coming into the cryptospace when it is bullish,and when they invest in short term they make much money and they feel that the market is always bullish, so they use this mentality to rush into investing, using funds that is for an important purpose to invest, believing they will make much profit immediately.

Thinking like this is too simple for beginners and you shouldn't be like that, because you should invest based on knowledge of what you want to invest, so that when something happens you don't panic and do things that are detrimental. In addition, relying on luck when investing is also not correct, because you will not be prepared if the market conditions get worse, it requires in-depth analysis to enter the market and make a purchase. Taking the short term under certain conditions is profitable, but the long term can always be relied upon.

Sometimes people take the wrong moment to invest, so that during a bear market they will react in the wrong way and try to cut losses by selling it, this is where the error lies in investing and making people lose their investment assets, because relying on luck when investing is the way most people who don't understand the bitcoin cycle.

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Quote from: Frankolala on January 20, 2023, 01:03:38 PM

Sometimes newbies are lucky by coming into the cryptospace when it is bullish,and when they invest in short term they make much money and they feel that the market is always bullish, so they use this mentality to rush into investing, using funds that is for an important purpose to invest, believing they will make much profit immediately.

When their instinct fails them due to the volatile nature of bitcoin, they might buy in the bearish period and thinking to get a quick profit,this will lead to panic and they might end up selling below their the price they bought it. Long term investment is the best and use bitcoin for as your savings to enable hodi for long no matter the pump and dump in the price.

Depends on a certain person because not all would really be that easily be ending up with that kind of decision because there are ones who are really that good on making up some research and able to read up some

other peoples experiences which they would really be tending to adapt and would apply into their own investment decisions which it could really at least hold their position if ever they had entered a bear market
season or situation on which they didnt panic out despite on having that lack of knowledge and awareness around.

I wouldn't say its luck but all of us are really that prone into that condition on which there are investment decisions turns out to be a good call.

Frankolala

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Sometimes newbies are lucky by coming into the cryptospace when it is bullish,and when they invest in short term they make much money and they feel that the market is always bullish, so they use this mentality to rush into investing, using funds that is for an important purpose to invest, believing they will make much profit immediately.

When their instinct fails them due to the volatile nature of bitcoin, they might buy in the bearish period and thinking to get a quick profit,this will lead to panic and they might end up selling below their the price they bought it. Long term investment is the best and use bitcoin for as your savings to enable hodi for long no matter the pump and dump in the price.

Husires

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As the saying goes, the loss is not achieved except by clicking on the sell order, so as long as you are not forced to sell, no matter how low the price goes, you will not face problems, but to be on the right side, you must put your economic accounts close to the bottom and not the top.

If I am an investor, I will put my accounts on the previous bottom, which is 3 thousand dollars. Unless the price drops below 3,000 dollars, I have no problem. The same thing applies now, if we assume that the bottom is 15,000 thousand (to avoid any problems, I assume the bottom is at 8,000) so if the price drops For this range, you are in trouble, and any price higher than that is a real profit.

So if you buy now at 21K, this price may be the bottom after 3 to 7 years, so after 3 years, your investment will not be in danger because the price will be far from this bottom and so on.

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Quote from: palle11 on January 19, 2023, 10:54:17 AM

Quote from: SquallLeonhart on January 16, 2023, 09:26:03 AM

In trading, it is always safe to just buy when the candle is red or

How do you mean candle is red? I think this is funny. You can adjust the setting of your indicators likewise the colours just like you can change colours of your letters to any colour you want. Candle colours can be changed to the colour you prefer and that doesn't mean anything. You can have your candlestick colours change to any of the colours you want, it is just the colour and nothing more to it.

You can change any colour, even the colour of your skin. But you can't change the direction of the price the way you want it to go. It depends on many factors which you cannot influence. You can have green candles on your chart instead of red candles, but that doesn't change the fact that price is constantly falling. So the suggestion to change the colour of the candles from red to green is not very relevant right now.

palle11

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Quote from: SquallLeonhart on January 16, 2023, 09:26:03 AM

In trading, it is always safe to just buy when the candle is red or

How do you mean candle is red? I think this is funny. You can adjust the setting of your indicators likewise the colours just like you can change colours of your letters to any colour you want. Candle colours can be changed to the colour you prefer and that doesn't mean anything. You can have your candlestick colours change to any of the colours you want, it is just the colour and nothing more to it.

SquallLeonhart

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Quote from: Oshosondy on January 15, 2023, 03:05:49 AM

Quote from: Sebas.tian on January 09, 2023, 11:44:08 PM

Quote from: Oceat

Isn't it obvious if they see a red candle then it's time to buy instead of selling.

Yes, Whenever the red candle appear in the market showed that there is an opportunity to buy and hold which is a popular strategy many traders are using to make progress in the community. Those that took their time to invested in Bitcoin some months ago will definitely achieve something good in future when the price of Bitcoin hit higher before the end of next month, because the green light is about to take over from the red light which is a symbol of bearish in the market. I believe, is never too late to buy coins and hold because the red light is still on to allow both long term traders and short term traders to have access to a great future.

It is easy to say a trader should buy when the candle stick is red and sell when the candle stick is green, but that is just the beginning of trading because it is not always working like that in reality as indicators can fail. The minute you used also matters, expect more failed indicators as the time range is shorter. Without the right strategy, indicators can lead to money loss too. For swing trading, I remember I enter at green candle stick some days ago but the bull run continues till yesterday, what if I had gone for sell? There is a lot to learn in trading.

Indicators can fail, so we shouldn't always depend on them but it would be better if we will do the trade manually, I mean we can buy or sell according on what we currently see. That is more surer. You entered in a green candle but that's fine if the bull run continues, because you still can sell for a profit. You got lucky there but you should avoid doing it next time as your luck might not be on your side anymore.

In trading, it is always safe to just buy when the candle is red or when the price is dumping and then sell only at greens. Trading is so wide, and can be wider than investing. There is more learn to about it. It's hard but very worth it at the end.

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Quote from: Sebas.tian on January 09, 2023, 11:44:08 PM

Quote from: Oceat

Isn't it obvious if they see a red candle then it's time to buy instead of selling.

Yes, Whenever the red candle appear in the market showed that there is an opportunity to buy and hold which is a popular strategy many traders are using to make progress in the community. Those that took their time to invested in Bitcoin some months ago will definitely achieve something good in future when the price of Bitcoin hit higher before the end of next month, because the green light is about to take over from the red light which is a symbol of bearish in the market. I believe, is never too late to buy coins and hold because the red light is still on to allow both long term traders and short term traders to have access to a great future.

Whenever I see a red candle in the market, I go with my analysis to see my chances of buying bitcoins. And if I could see that my opportunity would come with that red candle, I would place a buy order at the price I wanted and let it fill. The red candle is the time for me to buy bitcoins again and if the price can decline any further, it will be a very good opportunity to accumulate bitcoins. So as long as there are ups and downs and red candles in the market, we have to use it well.

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Quote from: uneng on January 15, 2023, 02:46:18 PM

Crypto trading isn't an exact science and must be taken more as gambling than anything else. Nobody can predict accurately if the price of an asset will continue rising or if it will be corrected next. It's pretty easy to fall for bear and bull traps. To avoid losing money trading, investors have to focus on long term for gains. If they bought BTC today, they have to be prepared to wait for years, if necessary, until they can cashout profits. If they attempt daily trading, they will go into losses at some point due to the unpredictable inconsistencies in market, just like a gambler playing dice at the casino.

Trading is not gambling but can be taking as gambling. With sincerity, I lost more in trading than gambling while I still lost in gambling as I was an addict before since 2014 until 2019 that I stopped gambling. You can lose much more in trading or gambling but trading is not gambling if you learn about it very well and the major thing you need to learn is not to be greedy, using a better strategy and having a good money management risk. Good strategy and not being greedy is what it takes in trading. But in gambling, making profit is not guaranteed like in trading if you are good excellently in the two.

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Quote from: uneng on January 15, 2023, 02:46:18 PM

Quote from: Oshosondy on January 15, 2023, 03:05:49 AM

Quote from: Sebas.tian on January 09, 2023, 11:44:08 PM

Quote from: Oceat

Isn't it obvious if they see a red candle then it's time to buy instead of selling.

Yes, Whenever the red candle appear in the market showed that there is an opportunity to buy and hold which is a popular strategy many traders are using to make progress in the community. Those that took their time to invested in Bitcoin some months ago will definitely achieve something good in future when the price of Bitcoin hit higher before the end of next month, because the green light is about to take over from the red light which is a symbol of bearish in the market. I believe, is never too late to buy coins and hold because the red light is still on to allow both long term traders and short term traders to have access to a great future.

It is easy to say a trader should buy when the candle stick is red and sell when the candle stick is green, but that is just the beginning of trading because it is not always working like that in reality as indicators can fail. The minute you used also matters, expect more failed indicators as the time range is shorter. Without the right strategy, indicators can lead to money loss too. For swing trading, I remember I enter at green candle stick some days ago but the bull run continues till yesterday, what if I had gone for sell? There is a lot to learn in trading.

Crypto trading isn't an exact science and must be taken more as gambling than anything else. Nobody can predict accurately if the price of an asset will continue rising or if it will be corrected next. It's pretty easy to fall for bear and bull traps. To avoid losing money trading, investors have to focus on long term for gains. If they bought BTC today, they have to be prepared to wait for years, if necessary, until they can cashout profits. If they attempt daily trading, they will go into losses at some point due to the unpredictable inconsistencies in market, just like a gambler playing dice at the casino.

This is the biggest challenge or pain in the ass on the time you had decided to deal up with trading which is something that normal which the price isnt really something that you could really be able to predict.
You should make yourself that expecting about long green and red candles which are really that pretty common.

Since we are talking about red candles then as a human being then it would be normal to have that panic specially when you do bought up something on peak price and make yourself that on negative.
But there were people who do see these red candles as a sign of opportunity to accumulate or buy and this do simply shows up that it would really vary.

uneng

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Quote from: Oshosondy on January 15, 2023, 03:05:49 AM

Quote from: Sebas.tian on January 09, 2023, 11:44:08 PM

Quote from: Oceat

Isn't it obvious if they see a red candle then it's time to buy instead of selling.

Yes, Whenever the red candle appear in the market showed that there is an opportunity to buy and hold which is a popular strategy many traders are using to make progress in the community. Those that took their time to invested in Bitcoin some months ago will definitely achieve something good in future when the price of Bitcoin hit higher before the end of next month, because the green light is about to take over from the red light which is a symbol of bearish in the market. I believe, is never too late to buy coins and hold because the red light is still on to allow both long term traders and short term traders to have access to a great future.

It is easy to say a trader should buy when the candle stick is red and sell when the candle stick is green, but that is just the beginning of trading because it is not always working like that in reality as indicators can fail. The minute you used also matters, expect more failed indicators as the time range is shorter. Without the right strategy, indicators can lead to money loss too. For swing trading, I remember I enter at green candle stick some days ago but the bull run continues till yesterday, what if I had gone for sell? There is a lot to learn in trading.

Crypto trading isn't an exact science and must be taken more as gambling than anything else. Nobody can predict accurately if the price of an asset will continue rising or if it will be corrected next. It's pretty easy to fall for bear and bull traps. To avoid losing money trading, investors have to focus on long term for gains. If they bought BTC today, they have to be prepared to wait for years, if necessary, until they can cashout profits. If they attempt daily trading, they will go into losses at some point due to the unpredictable inconsistencies in market, just like a gambler playing dice at the casino.

Oshosondy

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Quote from: Sebas.tian on January 09, 2023, 11:44:08 PM

Quote from: Oceat

Isn't it obvious if they see a red candle then it's time to buy instead of selling.

Yes, Whenever the red candle appear in the market showed that there is an opportunity to buy and hold which is a popular strategy many traders are using to make progress in the community. Those that took their time to invested in Bitcoin some months ago will definitely achieve something good in future when the price of Bitcoin hit higher before the end of next month, because the green light is about to take over from the red light which is a symbol of bearish in the market. I believe, is never too late to buy coins and hold because the red light is still on to allow both long term traders and short term traders to have access to a great future.

It is easy to say a trader should buy when the candle stick is red and sell when the candle stick is green, but that is just the beginning of trading because it is not always working like that in reality as indicators can fail. The minute you used also matters, expect more failed indicators as the time range is shorter. Without the right strategy, indicators can lead to money loss too. For swing trading, I remember I enter at green candle stick some days ago but the bull run continues till yesterday, what if I had gone for sell? There is a lot to learn in trading.

Sebas.tian

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Quote from: Oceat

Isn't it obvious if they see a red candle then it's time to buy instead of selling.

Yes, Whenever the red candle appear in the market showed that there is an opportunity to buy and hold which is a popular strategy many traders are using to make progress in the community. Those that took their time to invested in Bitcoin some months ago will definitely achieve something good in future when the price of Bitcoin hit higher before the end of next month, because the green light is about to take over from the red light which is a symbol of bearish in the market. I believe, is never too late to buy coins and hold because the red light is still on to allow both long term traders and short term traders to have access to a great future.

Silberman

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Quote from: irhact on January 07, 2023, 02:00:18 AM

I still don't understand why people invest in Bitcoin for short term and not long term, haven't they learnt from history that Bitcoin always reward it's hodlers and those who sell early always end up regretting. As an investor hoping to benefits in this market, we should learn to do our research on the history of Bitcoin before investing so we know what we're getting ourselves into.

Some investors see red candles as selling opportunity when what they should be doing is observing as you said to see if the market will give them a very good discount with price drop of the market. As an investor your target should be that when it's about time you exit the market, you can do so comfortably without caring about the state of the market (don't care if it's a green or red candle) because you are in profit no matter the situation of the market, that should be your goals as an investor and not investing short term.

In my opinion the expectations the majority of people have from the markets and their own skills are simply out of proportion with what they can reasonably achieve, after all it is not rare to see people coming to the forum and asking how to get 10x in two weeks and other similar questions like that, and when someone has those kind of expectations then it is easy to see how they can disregard long term holding as not worth their time, they are mistaken of course but they will not learn this lesson until the market demonstrate them that their expectations were simply too high.

Topic: Each time you see a red candle! (Read 466 times)