I don't understand you people... - page 6.

Fiatless

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Quote from: Last Unicorn on March 05, 2024, 03:46:06 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!

Everyone deal with Bitcoin Investment differently. Some are traders while others are long-term investors. As a trader, you will have to follow the market to identify when to buy or sell. On the other hand, long-term investors don't have much business with buying or selling because of the slight movement of the market. Most long-term investors have analyzed and forecast how the market will be in the future. Having these predictions in mind they have set price benchmarks on when to sell or buy. They have no business with these minimal price movements that is caused by FUD or FOMO. Your investment strategy might be working for you but don't forget that others also have theirs.

Tipeform$

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Quote from: Last Unicorn on March 05, 2024, 03:46:06 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!

Everyone thinks like you but very few can succeed. Yesterday when the market went to the highs and went down from there maybe many people went to the highs and sold when it reached $59k some bought and some missed the market. But most people missed the market because I think no one sold in this pumping market everyone expected the market to go higher. I think no one is completely successful in cryptocurrency no matter how technically and manually expert.

nelson4lov

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The market is made up of everyone's biases. You can't control the market because you feel that your bias supercedes every other person's own? I'm familiar with the concept of "not leaving money on the table" but when you chose to apply such strategy, you should make such decisions with the mindset that things might not go your way every single time and that there is always a risk. If you can't take on the risk, just but and hold like the rest of us and you should be fine then when (not if) you're satisfied with the profit, you sell.

Zigabel

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Quote from: Last Unicorn on March 05, 2024, 03:46:06 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!

Your strategy is a normal one which almost everyone applies to get the very best out of Bitcoin, buy low and selling high and this is definitely a decision that will be taken by your the investor with almost no interference by anyone except you allow them to, no one is limited to using any kind of strategy to get the best out of Bitcoin, whatever strategy you feel is best and will give the kind of results you expect to get from.bitcoin you have the liberty to use and whosever is trying to use your same strategy should then know thst they ready to bear whatever risk it is they would come across using your strategy.

You considering other people's strategy well enough to allowing it affect your how well you invest or trade is something you do at your risk because no one is going to pressure you into doing something else, these geniuses you mentioned knows what best works for them so they know how well to trade or going against the ride and still stay profitable so I will advise you don't do what you don't understand.

The Cryptovator

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You can't decide how others will buy or sell a coin. Also, you can't control the market at any point. You can just do whatever you think is best for yourself. We aren't geniuses and can't trade according to your thoughts. It's good if you can make money even when you start the dump. But we don't know where it will stop. It's kind of stop-loss you are talking, but manual. We all know this strategy, and this way we can accumulate more coins. But it has to be done perfectly, otherwise we may lose.

thecodebear

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Quote from: Last Unicorn on March 05, 2024, 03:46:06 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 must be new to investing/trading lol

You're blaming the market for things not going perfectly how you hoped they would go. Sounds like you saw the price crash, sold low, hoping it would go lower, it didn't and now you are sitting on losses. So you are the one who made the mistake, thinking you could beat the market by selling low haha. Can't blame other people for your own mistakes buddy

nakamura12

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That's how they people earn profit which is to buy at the lowest price as it gets and then sell when the price increase. Well, that's their decision if that's what they want to do and let them do it. You should just focus on your own thing and earn profit. After all, it is the market that we are discussing about and if they buy instead of selling then that's their choice and you can only give an advice to them but it's still up to them if either they'd do it or not. It's not all the time that you will earn profit and it slso depends on how long.

Rikafip

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Quote from: Last Unicorn on March 05, 2024, 03:46:06 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...

The way you oversimmplified things, I don't think that you know what you are talking about and mostb likely you end up "selling low buying high" instead the opposite.

If things were so easy as you explained, then majorify of traders woiuld be in profit while in fact only a small percnetage of them are actually successfull in the long run. Sure, you may get lucky and sell few times at the top and buy at the bottom, but its much harder to do that in the long run and end up net positive.

Mia Chloe

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What are you trying to explain?
From my understanding of what you wrote, the summary of it all is you always buy some Bitcoin any time there is a dip in price, and of course it is a simple strategy that Hodlers use.

I have also considered a scheme like that only it wasn't quite safe due to the fact it depends on an exchange. Anyways it works like this, anytime there is a significant increase in price change you can swap those coins to a stable altcoin like USDT. and when dips occur you can simply swap back to Bitcoin if the math is correct, in that case you are actually increasing the units of Bitcoin decimals or rather Satoshi's you own.

Anyways buying and storing in a safe wallet aside an exchange is still a better option though.
Don't forget to keep your keys safe mate Roll Eyes

batang_bitcoin

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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.

Last Unicorn

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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!

Topic: I don't understand you people... - page 6. (Read 1222 times)