Topic: Hold or sell and buy back lower - page 22. (Read 1837 times)
Knowing Technical analysis is surely useful if you want to take advantage of market swings and cryptos have huge swings. Just do not try going on margin/ high leverage and do not short. Those strategies are for very experienced traders.
when you sell it gets a profit, then sell it and put a buy order with a low price.
if you sell, but lose, better hold it and use other assets to buy back.
if you sell, but lose, better hold it and use other assets to buy back.
Hi so do people think it's worth learning chart tracking, technical analysis in order to sell and buy back Lower to increase my position. With all of these recent drops I feel I'm wasting opportunities because I've been told it's always better to hold. I value this strategy but would it not also be beneficial to maybe think about looking at some charts?
Only if you know what you are doing. It is good to do trading, buy low,sell high but not everyone is successful with it. It takes skills to do this. If you are willing to risk what you are holding so far, then go ahead. It is risky but also very profitable if you do it right.
i agree with you that technical analys can help you to predict the coins trend. But, it is not exact 100% because the cryptocurrency is a new market and it is not perpect. Its actiity depend on the information too much. Beside using charts and models, you also need to hunt the news in the market.
Hi so do people think it's worth learning chart tracking, technical analysis in order to sell and buy back Lower to increase my position. With all of these recent drops I feel I'm wasting opportunities because I've been told it's always better to hold. I value this strategy but would it not also be beneficial to maybe think about looking at some charts?
It's worth but the result will depend on your position and the crypto trend itself. As far as I know about the fact that crypto gets unpredictable movement. If you are wanna selling and then buy lower and never try to do that when the price get bearish trend or i can say if you will get a lot of lost. Only remember when it reaches bullish trend
If you can monitor it and your buying point will be reach. You could sell it and buy it on dip just to increase the size of your holding coins but if you can't monitor it is ok just make sure you will add your position when it goes dipped.
Hi so do people think it's worth learning chart tracking, technical analysis in order to sell and buy back Lower to increase my position. With all of these recent drops I feel I'm wasting opportunities because I've been told it's always better to hold. I value this strategy but would it not also be beneficial to maybe think about looking at some charts?
In my opinion holding is overrated you have to actively manage your investments, crypto is highly volatile. I'd say that in a bullmarket holding is just fine but not in a bear market. I sold everything off before shit hit the fan and I'm hearing stories everywhere of decimated portfolio's that are -70% or more. Unless you're willing to sit trough a bear market which can take years holding will work for you but if you care a little more about your investemnts and aren't sure if they will come out right then you're better of actively managing them. Having some more in-depth market knowledge sure can help.
Mengenai tahan,menjual dan membeli kembali tentang bitcoin itu tergantung bagaimana sikap dan tindakan kita dalam pergerakan laju bitcoin tersebut.Hanya kita selaku para bitcoiners yang bisa mempelajari hal tersebut.Alangkah baiknya kita berdiskusi dengan sesama para bitcoiner untuk menentukan perkembangan terkini dari segi harga nilai jual,harga nilai beli ataupun menahannya itu adalah keputusan dan kesimpulan setiap pengguna bitcoiners.
I bought some alt coins when they were "crashed" to very cheap price line, that was a gift I think.
Hi so do people think it's worth learning chart tracking, technical analysis in order to sell and buy back Lower to increase my position. With all of these recent drops I feel I'm wasting opportunities because I've been told it's always better to hold. I value this strategy but would it not also be beneficial to maybe think about looking at some charts?
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