I don't understand you people... - page 5.

Cookdata

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Quote from: Last Unicorn on March 05, 2024, 04:46:06 PM

When I see that the price is flying down steeply, I sell everything and let it fall down. When it stops, then I buy cheap and I have earned...
BTC is going down now, so let it go and buy when it stops. We can all make money from it and then we will again get it up together! Unfortunately, there are always a few "geniuses" who go against the flow and they are buying when they should be selling, and that destroying everyone's earnings...
I'm seriously upset because a couple of such " smart " people just ruined my chance to make up for a 15k loss... I would like to kick them somewhere!

Do you know one thing about the crypto market, it doesn't give a damn about your emotions, it doesn't care if you missed out or you are trying to buy at the market. You called it the smart people and that's the more reason why they call their money the smart money, they risk all they have to make the market liquid but it has to be on their own way, they make the market moves on their own terms and that's why they are call the whales because they control the market.

What you should do is to make sure to follow what other smart money people are doing, follow their footsteps and make money their own way. But make sure that you are using stop loss, nothing ever go against stop loss if you used it wisely. If you do that way, you will make a lot of money from this market and perhaps the money you are trying to make back will be easier but I will advice you not to chase loses.

o48o

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Quote from: Last Unicorn on March 05, 2024, 04:46:06 PM

-cut
Unfortunately, there are always a few "geniuses" who go against the flow and they are buying when they should be selling, and that destroying everyone's earnings...
I'm seriously upset because a couple of such " smart " people just ruined my chance to make up for a 15k loss... I would like to kick them somewhere!

I am not sure if you are trolling or not. But in case you are not joking. If you are upset because people make market go to another direction, trading might not be for you. I find it weird that at least once in a month i see a comment from these "genius" traders telling us that if everyone just so what they said, we would all be rich. Like it would be others fault that they are losing money. Usually it's about price going down though.

I understand it's frustrating to lose money, but other people didn't ruin your change, you did participate to free markets and it's your money, so accept some responsibility of your actions. Otherwise you'll never learn from setbacks, because they will never be your fault. Also you are in writing to trading section and shorting is part of trading.

In case you were joking; Poe's law makes it sure that i am not getting the irony.

TheUltraElite

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Best you can kick is your own computer and that is a poor thing to kick because you would need to buy a new one.

I say dont give any attention to the ones who buy at the top, there will be some people who do this and then complain through out the entire bear market cycle and probably exit at a loss, calling crypto a scam. Its a common notion and you cannot cure this "disease" on your own even by your "Board-certified Kicks" Roll Eyes

Rather sell at the top and hold your fiat to see what happens next. It is a one man army here, your gain is going to another person's loss.

Hamphser

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Quote from: batang_bitcoin on March 05, 2024, 04:53:41 PM

You have to understand that you're winning because someone is losing on the other end of this world. This is the market and we're all involved in this. And you can dictate what people will do, if they feel that they should buy at the peak, they'd do that. Before, there have been many that did that mistake and even til' now and on the next cycles, there will still be people that would do that. So, if you don't understand them, just mind your thing and keep repeating what you've been doing profitably.

This is right and you should really be having those kind of realizations at least on how this market works. We do know that whenever we do make money or profits then there are those people who had lost
up their money on the other side and just be grateful that you did make out such good decision on which it did really result into profits. Dont mind about other people about on how they do make out such approach towards the market on where they would really be doing the opposite on what are the things that supposed to be approached. If it turns out that they are doing the opposite then just let them be.

Selling when prices get that correction or decrease and buying up when that green candle stood strong. Then this is really be a very basic human being approach and behavior.
They would really be doing such things because we do know that each one of us does have that kind of mindset and approach on things.

traderethereum

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Well, that's exactly what people who don't do analysis do when they want to trade. They tend to keep waiting for a higher price before they sell.
But what they want will not always come true because the market will move anywhere without them knowing. If they can't know when they should buy and sell, they will have difficulty making a profit and it will only make them sell at a loss.
The best advice is not to be too greedy in taking profits. You can sell and take the profits if you see bigger profits. We must be wise in responding to what is happening in the market so that we adapt well.

Faisal2202

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Quote from: Last Unicorn on March 05, 2024, 04:46:06 PM

BTC is going down now, so let it go and buy when it stops. We can all make money from it and then we will again get it up together! Unfortunately, there are always a few "geniuses" who go against the flow and they are buying when they should be selling, and that destroying everyone's earnings...
I'm seriously upset because a couple of such " smart " people just ruined my chance to make up for a 15k loss... I would like to kick them somewhere!

Unfortunately, you can't kick anyone, because you don't know who is selling or buying at the wrong time, due to anonymity and privacy concerns I hope you already know that Cheesy

And there could be many reasons for those smart people to not to sell at the time of selling and buying at that time, which according to your POV is the opposite. Well, what I am trying to say here is that they might be buying just to hold for a longer period of time.

And they don't care about the current price of BTC. Their plans are to hold it for another year and book profits when BTC makes a new ATH, of around $150k or less. I suggest you to control your emotions because it is not necessary that the way you see market, every other person should see. Every one have their own POVs and ideas about market and they do analysis accordingly. I suggest you to not blame other for your loss. Instaed try to be extra smart and a step ahead of these smart people in order to make profit (next time).

bettercrypto

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Quote from: Last Unicorn on March 05, 2024, 04:46:06 PM

When I see that the price is flying down steeply, I sell everything and let it fall down. When it stops, then I buy cheap and I have earned...
BTC is going down now, so let it go and buy when it stops. We can all make money from it and then we will again get it up together! Unfortunately, there are always a few "geniuses" who go against the flow and they are buying when they should be selling, and that destroying everyone's earnings...
I'm seriously upset because a couple of such " smart " people just ruined my chance to make up for a 15k loss... I would like to kick them somewhere!

If the price of bitcoin goes down right now, it is because there is a correction or retracement that is happening; no one really knows how far the correction will be shown in the market. And there is a difference in how long or short positions traders will take.

This is the scenario where traders should be sensitive to the movement of the value of the coin they are trading, or else they might be left behind and unable to keep up or follow. And there are still many communities that, when the price goes down, buy it because it's expensive. You know what it means.

Sebas.tian

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Don't forget that traders have different strategy they are using to earn income from the market, but if your strategy is not favouring you at the moment, you have the right to switch to the favourable strategy that will be bringing income to you when you trade your Bitcoin. It will be better if you can settle down to understand professional traders in the market very well, so that you can learn some new things from them that will make you a good trader that will know when to purchase Bitcoin to make a huge amount of income in the future. If you are waiting for bearish seasons, I think you can experience that next year because the bullish season will pump through out this year but you can use next year to purchase coins any amount you want and hold.

kotajikikox

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Quote from: Last Unicorn on March 05, 2024, 04:46:06 PM

When I see that the price is flying down steeply, I sell everything and let it fall down. When it stops, then I buy cheap and I have earned...
BTC is going down now, so let it go and buy when it stops. We can all make money from it and then we will again get it up together! Unfortunately, there are always a few "geniuses" who go against the flow and they are buying when they should be selling, and that destroying everyone's earnings...
I'm seriously upset because a couple of such " smart " people just ruined my chance to make up for a 15k loss... I would like to kick them somewhere!

you should know that you must lose so those who you call smarts will earn and that is the cycle of market and also you must know that this is investment and there is no complete uptrend here , if you want to earn better then you must HODL and don't expect an easy money here .

Quote from: paid2 on March 05, 2024, 07:34:29 PM

Quote from: Last Unicorn on March 05, 2024, 04:46:06 PM

I'm seriously upset because a couple of such " smart " people just ruined my chance to make up for a 15k loss... I would like to kick them somewhere!

Wow.... You should -for now at least-, consider to read a little bit more and to invest a little bit less perhaps...

maybe now he learned His lesson and will study market first before dealing with.

Hewlet

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Quote from: Last Unicorn on March 05, 2024, 04:46:06 PM

When I see that the price is flying down steeply, I sell everything and let it fall down. When it stops, then I buy cheap and I have earned...
BTC is going down now, so let it go and buy when it stops. We can all make money from it and then we will again get it up together! Unfortunately, there are always a few "geniuses" who go against the flow and they are buying when they should be selling, and that destroying everyone's earnings...
I'm seriously upset because a couple of such " smart " people just ruined my chance to make up for a 15k loss... I would like to kick them somewhere!

don't you think that you are making things look too complex that normally shouldn't be complex? Over studying the market to find a perfect entry and selling point would give you restlessness and losses in the long run.

Why not buy when the market is at it DIP and HODL till it gets bullish to a convenient selling point were you can decide to sell it or not? I know sometimes you might not have all the resources necessary to to go into long term holding but over relying on predictions seems like gambling to me and I guess this is the reason why you're facing issues with your speculation not coming out as planned.

Smack That Ace

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Quote from: BlackBoss_ on March 05, 2024, 09:17:46 PM

Quote from: Last Unicorn on March 05, 2024, 04:46:06 PM

When I see that the price is flying down steeply, I sell everything and let it fall down. When it stops, then I buy cheap and I have earned...
BTC is going down now, so let it go and buy when it stops.

It is possible action with Spot market but it is impossible for people who join Margin and Futures trading, they can not proactively sell and most of them got forced liquidations. Price crashes because of forced liquidations from exchanges, not by proactively selling of traders.

But I want to ask how do we know when the market will fall and will it continue to fall or will it then bounce back? If we are talking about holding then the best way is DCA, don't use spot with the intention of trying to buy low and sell high to increase the number of coins held. In my opinion, if you decide to become a holder, you should only use DCA and sell when the price reaches the target.
In my opinion, if you decide to become a holder, you should only use DCA and sell when the price reaches the target, don't try to be better than the market makers.

Like what is happening, bitcoin is falling in price after surpassing its old ATH of 69k$ and is trading at 62k$. So can someone tell me whether bitcoin will increase or decrease in the coming days?

Quote from: BlackBoss_ on March 05, 2024, 09:17:46 PM

Quote

We can all make money from it and then we will again get it up together!

True but again it is only possible if you don't use Leverages, don't use Futures for your trading.

If you control risk well, by don't using them, you will be able to cut loss, buy back and get profit from price bounce.

I consider bitcoin a financial market so I will not agree that there will be a situation where everyone can win because money does not create itself, it moves from the hands of the weak to the strong, from greedy fools to those who smart. Only the strong can make money in this market.

ancafe

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Quote from: Last Unicorn on March 05, 2024, 04:46:06 PM

When I see that the price is flying down steeply, I sell everything and let it fall down. When it stops, then I buy cheap and I have earned...
BTC is going down now, so let it go and buy when it stops. We can all make money from it and then we will again get it up together! Unfortunately, there are always a few "geniuses" who go against the flow and they are buying when they should be selling, and that destroying everyone's earnings...

Basically it is not a problem when people try to buy bitcoin at any price, but it becomes a problem when you have small capital available but try to accumulate purchases at a high price. This is talking about middle to upper class investors or those who are just starting out investing because if big investors buy at any price it doesn't get them into big trouble.

Another mistake is trying to sell during a price reduction and this is caused by panic due to not having complete knowledge of Bitcoin's journey. That's why anyone needs knowledge before investing because if they take the wrong action it will result in big losses.

Quote from: Last Unicorn on March 05, 2024, 04:46:06 PM

I'm seriously upset because a couple of such " smart " people just ruined my chance to make up for a 15k loss... I would like to kick them somewhere!

That means you are also not confident in your own abilities and you should have your own analysis without having to consider other people's opinions too much. Each person must have their own analytical skills before making a decision and if you depend on other people then you accept the risk as now.

Patrol69

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How can you be sure that when the price of Bitcoin goes down, this amount can go down and when it goes up, this amount will go up and dump again. If we don't invest we regret that time when the market goes down and then goes up again but when we go down we think the market will go down further so we can't invest at the right time. If it was understood in this way that the market will dump a certain amount and pump again after dumping a certain amount, then no one would ever lose money by investing. Since there is no chance of certainty, we have to invest with some risk and wait for the market to go well. If the market is in a good position, it is definitely possible to earn profit from the investment.

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Quote from: Last Unicorn on March 05, 2024, 04:46:06 PM

When I see that the price is flying down steeply, I sell everything and let it fall down. When it stops, then I buy cheap and I have earned...
BTC is going down now, so let it go and buy when it stops.

It is possible action with Spot market but it is impossible for people who join Margin and Futures trading, they can not proactively sell and most of them got forced liquidations. Price crashes because of forced liquidations from exchanges, not by proactively selling of traders.

Quote

We can all make money from it and then we will again get it up together!

True but again it is only possible if you don't use Leverages, don't use Futures for your trading.

If you control risk well, by don't using them, you will be able to cut loss, buy back and get profit from price bounce.

GreatArkansas

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Quote from: Last Unicorn on March 05, 2024, 04:46:06 PM

When I see that the price is flying down steeply, I sell everything and let it fall down. When it stops, then I buy cheap and I have earned...
BTC is going down now, so let it go and buy when it stops. We can all make money from it and then we will again get it up together! Unfortunately, there are always a few "geniuses" who go against the flow and they are buying when they should be selling, and that destroying everyone's earnings...
I'm seriously upset because a couple of such " smart " people just ruined my chance to make up for a 15k loss... I would like to kick them somewhere!
(.....)

This is easy to say but difficult to execute. If this is how easy to make money then for sure most of us are already rich, but unfortunately, it's not.
The way you say OP looks like you are trading and telling, buy low, sell high. But behind that, you need to struggle knowing when to dump or when to pump.

odolvlobo

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Quote from: Last Unicorn on March 05, 2024, 04:46:06 PM

When I see that the price is flying down steeply, I sell everything and let it fall down. When it stops, then I buy cheap and I have earned...
...
I'm seriously upset because a couple of such "smart" people just ruined my chance to make up for a 15k loss... I would like to kick them somewhere!

How do you have a 15k loss if you sold when it was dropping and then bought it back when it was cheap?

Maybe your magic crystal ball is broken. Rather than complaining about "smart" people, you should blame the real culprit, the magic crystal ball manufacturer, for selling you a faulty product.

vapourminer

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what is this "brake pedal" you speak of?

Quote from: Last Unicorn on March 05, 2024, 04:46:06 PM

When I see that the price is flying down steeply, I sell everything and let it fall down. When it stops, then I buy cheap and I have earned...
BTC is going down now, so let it go and buy when it stops. We can all make money from it and then we will again get it up together! Unfortunately, there are always a few "geniuses" who go against the flow and they are buying when they should be selling, and that destroying everyone's earnings...

read this

https://bitcointalksearch.org/topic/i-am-hodling-375643

paid2

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Quote from: Last Unicorn on March 05, 2024, 04:46:06 PM

I'm seriously upset because a couple of such " smart " people just ruined my chance to make up for a 15k loss... I would like to kick them somewhere!

Wow.... You should -for now at least-, consider to read a little bit more and to invest a little bit less perhaps...

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Quote from: Last Unicorn on March 05, 2024, 04:46:06 PM

When I see that the price is flying down steeply, I sell everything and let it fall down. When it stops, then I buy cheap and I have earned...

Actually, this is good on your end because you know what to do and you just have to rinse and repeat this strategy of yours and you'll never know how rich you'll be ending up from doing it so on this market.

Quote from: Last Unicorn on March 05, 2024, 04:46:06 PM

BTC is going down now, so let it go and buy when it stops. We can all make money from it and then we will again get it up together!

And while us the holders, just do nothing but to watch everyone get liquidated and do their hustle and bustle in action.

Quote from: Last Unicorn on March 05, 2024, 04:46:06 PM

Unfortunately, there are always a few "geniuses" who go against the flow and they are buying when they should be selling, and that destroying everyone's earnings...

We can't blame them for that. We are geniuses in our own paths and ways. If that's what they've done and this is the first time they encounter this bull run, that's understadable. But if you've been sitting here for years and you still do that mistake, it's your mistake to correct and that's still not a shameful thing because no one can easily win against this market but base on your experience and decision making.

Quote from: Last Unicorn on March 05, 2024, 04:46:06 PM

I'm seriously upset because a couple of such " smart " people just ruined my chance to make up for a 15k loss... I would like to kick them somewhere!

LOL, just be grateful that you're on the right path doing the right thing instead of making significant loss that others are still trying to recover with.

Dr.Bitcoin_Strange

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Go after the goal... Go!!! It is worth getting!

Bitcoin has just some common investment strategy that the majority of investors are using. There is yet no secret strategy for investing in Bitcoin; apart from buying the dip and hold, maybe sell during a price surge and buy back when the price dips again. The fact is that, if you are a short-term trader, you cannot always outsmart the market at all times. You definitely may also run into losses along the line unless you are lucky enough to sell before a huge dip and also to buy back before a huge pump.

As a matter of fact, do you know that as the Bitcoin price pumped to $69k today, there were still so many buy orders executed at that price? I believe those people who bought at that price were hoping for the price to get to $70k–$75k so that they could sell and make a little profit. They got disappointed because the price has now dropped, and they will have to wait for another price pump.

There are many strategies, and everyone has one they are using. If you are a trader or a short-term investor, know that you cannot outsmart the market at all times.

Topic: I don't understand you people... - page 5. (Read 1118 times)